(Corrects paragraph 12 to add dropped words) By Khushi Malhotra MUMBAI (Reuters) -Singapore-based asset manager Lighthouse Canton plans to invest over $1.5 billion in India in the next few years, with a focus on private credit and real estate, senior executives told Reuters on Tuesday. The firm aims to exceed $1 billion in private credit …
By Ju-min Park GYEONGJU, South Korea, (Reuters) -The explosive growth in artificial intelligence data centres is creating “bottlenecks” for chips and other key supplies, SK Group Chairman Chey Tae-won said on Tuesday. “I believe these rapid developments and changes are ultimately leading to bottlenecks around the world,” said Chey, who heads the large South Korean …
SK Group chairman says rapid growth for AI data centres creating bottlenecks Read More »
SHANGHAI (Reuters) -Shares in Jiangsu Hengrui Pharmaceuticals dropped nearly 5% on Tuesday, after China’s biggest drugmaker by market value reported a worse-than-expected third-quarter profit. The specialist in oncology, neurology, immunology, respiratory, metabolic and cardiovascular drugs has expanded licensing deals and developed more innovative drugs amid Beijing’s centralised bulk buying programmes, which have squeezed generic drug revenues. …
Shares in China’s top drugmaker Hengrui fall as quarterly profit disappoints Read More »
By Saqib Iqbal Ahmed and Yoruk Bahceli NEW YORK/LONDON (Reuters) -Investors are heading into this week’s trade talks between the U.S. and Chinese leaders with a sense of deja vu, excited by the proclamations of a truce and apprehensive the real deal may offer far less to celebrate. Stock markets across the world jumped on …
As Trump-Xi trade talks near, investors turn to history as a guide Read More »
By Maki Shiraki, Yoshifumi Takemoto and Daniel Leussink TOKYO (Reuters) -BYD’s Japanese mini-car will not go on sale until the end of next year, but it has already created buzz – at least among officials in Tokyo worried about the challenge from China’s biggest automaker. The company plans to debut its all-electric “kei” car – …
BYD’s mini-car ambitions may be a wake-up call for Japan Read More »
By Yantoultra Ngui SINGAPORE (Reuters) -Sany Heavy Industry shares rose as much as 4.7% in their Hong Kong debut on Tuesday after the Chinese construction machinery maker raised HK$12.36 billion ($1.59 billion) in one of the city’s biggest listings this year. Founded in 1994 as part of Sany Group, the company is now China’s largest …
Sany Heavy Industry rises in Hong Kong debut after $1.6 billion IPO Read More »
By Kitiphong Thaichareon and Thanadech Staporncharnchai BANGKOK (Reuters) -Thailand’s economy is expected to improve in the first quarter of 2026 after a slowdown in the second half of 2025, the central bank chief said on Tuesday. The Thai government is currently implementing a series of stimulus measures, with Southeast Asia’s second largest economy struggling with …
Thai economy to improve early next year, debt measures planned, central bank chief says Read More »
JAKARTA (Reuters) -Indonesia has drawn up new rules that will allow the central government to lend to local authorities and state-owned enterprises in order to support the country’s development projects. According to a copy of the new regulation, signed last month but made public this week, such loans could be granted after taking into account …
Indonesia to allow central government to lend to local authorities and state companies Read More »
By Tamiyuki Kihara TOKYO (Reuters) -Japan and the United States are preparing a fact sheet on potential investment projects in the U.S., involving Japanese firms such as Mitsubishi Heavy Industries, a senior Japanese government official said. The potential projects are a part of the $550 billion (83 trillion yen) investment package agreed under Tokyo’s tariff …
Japan, US eye investments involving Mitsubishi Heavy, source says Read More »
By Sam Li and Lewis Jackson BEIJING (Reuters) -China’s industry ministry has convened petrochemical companies producing fibres and plastics used to make clothing and bottles, aiming to address over-capacity in the sector. The meeting will be held on Wednesday and deal with “involution,” a Chinese word that means relentless competition that destroys profits, among producers …
China aims to tackle over-capacity in some plastic and fibre petrochemicals Read More »
