Reuters Asia Business

(Reuters) -Global equity funds attracted inflows for a fourth straight week through October 15, as dovish comments from U.S. Federal Reserve Chair Jerome Powell reinforced expectations that the central bank will cut interest rates at its meeting later this month. Investor appetite, however, remained cautious amid renewed U.S.-China trade tensions after President Donald Trump indicatedhe …

Global equity funds draw fourth weekly inflow on hopes of Fed rate cut Read More »

By Philip Blenkinsop BRUSSELS (Reuters) -Europe needs to pay at least as much attention to self-driving cars as it does to electric vehicles if it wants to play a role in one of the key technologies of the next decade, the CEO of Estonian ride-hailing and food delivery company Bolt said on Friday. Europe’s automakers, …

EU needs more focus on self-driving to catch up with rivals, says Bolt CEO Read More »

(Reuters) -HSBC on Friday forecast that gold’s bull rally would drive prices as high as $5,000 an ounce in 2026, supported by elevated risks and the impact of new entrants into the market. Spot gold breached the $4,300 level on Thursday and was headed for its strongest week since December 2008. The advance has been …

HSBC expects gold’s ‘bull wave’ to hit $5,000/oz in 2026 Read More »

TOKYO (Reuters) -Japan’s three largest banks, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group, will jointly issue “stablecoins”, digital currencies pegged to the value of real-world currencies, the Nikkei business daily reported on Friday. The banks will build a structure for their corporate clients to allow for stablecoins to be transferred …

Japan’s top banks to jointly issue stablecoin, Nikkei says Read More »

(Reuters) -Singapore-listed Mandarin Oriental International on Friday said that Alibaba and Ant Group have contracted to buy the top thirteen floors of the landmark One Causeway Bay tower in Hong Kong for $925 million. (Reporting by Nikita Maria Jino in Bengalurul; Editing by Tasim Zahid)

By Manoj Kumar NEW DELHI (Reuters) -India’s trade ministry and a government think-tank are pushing to ease certain tariff and non-tariff curbs on Chinese imports, three government officials said, acknowledging the country’s growing reliance on Chinese raw materials for industrial and export growth. They are seeking measures including allowing anti-dumping duties to lapse on certain …

India considers easing certain Chinese import curbs amid growing reliance, say sources Read More »

BEIJING (Reuters) -China’s September fiscal revenue growth picked up from August, finance ministry officials said on Friday, vowing to start issuing 2026 bonds early to give the economy an extra boost. The 2.6% increase in fiscal revenue last month quickened from 2% growth in August, despite signs the economy may be losing some momentum. For …

China’s fiscal revenue picks up pace, officials vow early 2026 bond sales Read More »