Reuters Asia Business

Japan heavyweights including SoftBank eye role in $550 billion US investment package

TOKYO (Reuters) -Around 20 companies from Japan and the U.S. have expressed interest in projects that could contribute to Tokyo’s commitment to invest $550 billion in the United States as part of a trade agreement, a factsheet by the two countries showed on Tuesday. U.S. President Donald Trump in July agreed to implement lower tariffs …

Japan heavyweights including SoftBank eye role in $550 billion US investment package Read More »

Japan industry minister: Japan automakers’ robust US investments to continue

TOKYO (Reuters) -Japanese industry minister Ryosei Akazawa said on Tuesday that automakers in Japan will continue their robust investments in the United States. “Japan has been the largest foreign investor in the United States for six consecutive years, and autos represent a substantial part of it,” Akazawa told a press conference. “Japan’s auto sector is …

Japan industry minister: Japan automakers’ robust US investments to continue Read More »

China’s coal production curbs could tighten further toward year-end, top miner says

BEIJING (Reuters) -China’s curbs on coal production could tighten further toward the end of 2025, making a rebound in output in the world’s largest producer unlikely, a China Coal Energy official told a results briefing on Tuesday. China placed curbs on coal production following an unexpected supply increase in the first half of the year …

China’s coal production curbs could tighten further toward year-end, top miner says Read More »

China’s Ping An Insurance posts 11.5% rise in nine-month profit

BEIJING/SHANGHAI (Reuters) -China’s Ping An Insurance reported a 11.5% year-on-year rise in net profit in the first nine months of 2025, driven by improved policy sales and investment gains. The insurance company posted 132.856 billion yuan ($18.65 billion) in net profit in a filing released on Tuesday. Operating profit rose 7.2%. The new business value …

China’s Ping An Insurance posts 11.5% rise in nine-month profit Read More »

Nomura quarterly profit dips on higher taxes, despite record equity trading

By Anton Bridge TOKYO (Reuters) -Japan’s largest brokerage and investment bank, Nomura Holdings, reported a 6% drop in second-quarter net profit on Tuesday, hurt by a higher effective tax bill despite a healthy showing across all of its divisions. The results show how Nomura’s wholesale division – which houses its investment banking and trading businesses …

Nomura quarterly profit dips on higher taxes, despite record equity trading Read More »

Advantest hikes profit forecast by 25% on AI boost

TOKYO (Reuters) -Japan’s Advantest on Tuesday hiked its operating profit forecast for the year ending March 2026 by 25% to 374 billion yen ($2.48 billion) as spending on artificial intelligence drives demand for its chip testing equipment. “We have grown confident that the favourable business environment, supported by the ongoing build-out of global AI data …

Advantest hikes profit forecast by 25% on AI boost Read More »

Singapore’s Equator, Chinese state firm to export power from Indonesia to Singapore

SINGAPORE (Reuters) -Equator Renewables Asia and CRE International (CREI), a unit of China’s National Nuclear Corp, will jointly develop a solar and battery project in Indonesia’s Riau Islands to export clean power to Singapore, Singapore-based Equator said on Tuesday. The companies expect to complete building a 900 megawatt (MW) photovoltaic and 1.2 gigawatt-hour (GWh) battery …

Singapore’s Equator, Chinese state firm to export power from Indonesia to Singapore Read More »

US Treasury’s Bessent calls for ‘sound’ monetary policy in Japan

By Leika Kihara and Makiko Yamazaki TOKYO (Reuters) -U.S. Treasury Secretary Scott Bessent called for “sound monetary policy” during a meeting with Japanese counterpart Satsuki Katayama, his department said on Tuesday, in the latest swipe at the slow pace of interest rate hikes by the Bank of Japan. The remarks briefly pushed up the yen …

US Treasury’s Bessent calls for ‘sound’ monetary policy in Japan Read More »

Close Bitnami banner
Bitnami