Reuters Asia Business Archives - Page 134 of 2133

Japan’s Nikkei tops 50,000 mark for first time on stimulus euphoria

27 Oct 2025 27 Oct 2025

By Rocky Swift TOKYO (Reuters) -Japan’s Nikkei share average closed above the 50,000 level for the first time on Monday, continuing a run of successive records on expectations of sizeable spending from the nation’s new prime minister. Crossing the key psychological threshold is the latest milestone for the blue-chip share gauge that has been red hot …

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EU’s Costa expressed concerns to China’s Li on expanding mineral-export curbs

27 Oct 2025 27 Oct 2025

KUALA LUMPUR (Reuters) -European Council President Antonio Costa on Monday said he conveyed his strong concerns to Chinese Premier Li Qiang about Beijing’s expansion of export controls on critical raw materials. Costa also expressed the European Union’s expectations that China will assist in ending Russia’s war against Ukraine, he said in a statement following a …

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GE Vernova, YTL PowerSeraya partner to capture carbon for gas turbine plant in Singapore

27 Oct 2025 27 Oct 2025

SINGAPORE (Reuters) -Electric services firm GE Vernova and power generation company YTL PowerSeraya will jointly conduct a carbon capture feasibility study for its gas turbine plant in Singapore, GE Vernova said on Monday. The study aims to capture at least 90 per cent of carbon dioxide emissions at YTL PowerSeraya’s hydrogen-ready combined-cycle gas turbine 600-megawatts …

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World’s first yen-pegged stablecoin debuts in Japan

27 Oct 2025 27 Oct 2025

By Leika Kihara TOKYO (Reuters) -The world’s first stablecoin pegged to the yen launched in Japan on Monday, a small but significant move in a country where many consumers still prefer to use traditional payment means like cash and credit cards. JPYC, a Japanese startup, began issuing the stablecoins – also called JPYC – which …

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Thai exports beat forecasts in September as US shipments surge

27 Oct 2025 27 Oct 2025

BANGKOK (Reuters) – Thailand’s exports beat forecasts with the fastest growth rate in more than three years in September after a surge in U.S. shipments, prompting the commerce ministry to raise its export forecast for the whole of 2025. Exports THCEX=ECI, a key driver of the Thai economy, rose 19.0% in September from a year …

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Singapore competition watchdog seeks feedback on new merger, settlement guidelines

27 Oct 2025 27 Oct 2025

SINGAPORE (Reuters) -Singapore’s competition watchdog has sought public feedback on proposed changes to two key guidelines that would streamline merger reviews and overhaul settlement procedures for anti-competitive cases, according to a statement on Monday. The proposed changes are aimed at giving businesses clearer guidance on competition rules in Singapore, while cutting review times and compliance …

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China industrial profits surge as officials step up overcapacity crackdown

27 Oct 2025 27 Oct 2025

By Joe Cash BEIJING (Reuters) -China’s industrial profits grew at their fastest pace in nearly two years in September, marking a second straight month of gains and signalling long-awaited measures designed to curb overcapacity and rebalance the economy may be gaining traction. Top leaders in July vowed to take steps to tackle loss-making, inefficient firms, …

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Factbox-Key issues at stake in the Trump-Xi talks in South Korea

27 Oct 2025 27 Oct 2025

BEIJING (Reuters) -U.S. President Donald Trump faces one of the toughest challenges of his second term when he meets Chinese President Xi Jinping in South Korea on Thursday, where the world’s two largest economies will seek to avert an escalation of their trade war. Washington and Beijing have raised tariffs on each other’s exports and …

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Japan considers US-style foreign investment panel to review national security risks

27 Oct 2025 27 Oct 2025

By Makiko Yamazaki TOKYO (Reuters) -Japanese Prime Minister Sanae Takaichi’s new government is considering creating its own version of the U.S. committee that vets acquisitions by foreigners for national security concerns. The move to create a Japanese version of the Committee on Foreign Investment in the United States (CFIUS) comes as Takaichi, a hardline conservative, …

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Singapore allocates more land for green energy, data centre park

27 Oct 2025 27 Oct 2025

By Jeslyn Lerh and Lucas Liew SINGAPORE (Reuters) -Singapore will allocate more land on its manufacturing hub, Jurong Island, for renewable energy facilities and a data centre park, the Singapore Economic Development Board and developer JTC Corporation said in a joint statement on Monday. About 300 hectares (741.32 acres) of land on the island’s western …

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Reuters Asia Business﻿﻿

Reuters Asia Business