Reuters Asia Business

BOJ to raise rates if economy aligns with forecasts, deputy governor says

17 Oct 2025

By Makiko Yamazaki and Takahiko Wada TOKYO (Reuters) -The Bank of Japan will continue raising interest rates if economic and price developments move in line with its forecasts, BOJ Deputy Governor Shinichi Uchida said, reaffirming the bank’s stance of scrutinising data in making policy decisions. The remarks largely followed his comments this month reiterating that …

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South Korea kicks off arms fair to showcase unmanned, AI weapons

17 Oct 2025

By Josh Smith SEONGNAM, South Korea (Reuters) -South Korea kicked off its largest-ever arms fair on Friday, with firms expected to show off new unmanned and artificial intelligence-enhanced weapons from howitzers to suicide drones, as Seoul seeks to strengthen its military and pursues more global defence sales. Organisers said a record 600 companies from 35 …

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Exclusive-Kawasaki in talks to develop Taurus missile engines, sources say

17 Oct 2025

By John Geddie and Nobuhiro Kubo TOKYO (Reuters) -Japan’s Kawasaki Heavy Industries is in talks to co-develop new engines for Germany’s Taurus cruise missiles, two sources familiar with the matter said, another potentially significant step in Tokyo’s retreat from decades of pacifism. The Japanese contractor signed a memorandum of understanding on the project on the …

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Tariff rollercoaster prompts Chinese exporters to ‘give up’ on US

17 Oct 2025

By Casey Hall and David Kirton SHANGHAI/GUANGZHOU (Reuters) -Amid the chaos of erratic U.S. tariff announcements, Chinese exporters making everything from kitchen appliances to Halloween decorations have responded by selling more goods to buyers in Europe, Latin America, the Middle East and Africa. Jacky Ren, whose Gstar Electronics Appliance factory used to generate more than …

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China allows more biofuel firms to export green aviation fuel, sources say

17 Oct 2025

By Trixie Yap and Chen Aizhu SINGAPORE (Reuters) -China has approved another three biofuel refiners to export sustainable aviation fuel (SAF) by issuing them quotas, according to trade sources and a Chinese consultancy, a move that could see exports to Europe increase. While Europe, the world’s second-largest aviation fuel market, has yet to set a …

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East Timor expects construction of first large solar plant to start next year

17 Oct 2025

By Sudarshan Varadhan and Ashley Tang KUALA LUMPUR (Reuters) -East Timor expects the construction of its first large solar power plant to begin in 2026 and become operational months later, the state utility’s chair told Reuters, helping it slash expensive diesel imports. Japan’s Itochu Corp and Electricite de France (EDF) will jointly develop a 72-megawatt …

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Japan’s core inflation likely re-accelerated in September: Reuters poll

17 Oct 2025

TOKYO (Reuters) -Japan’s core inflation likely accelerated in September for the first time in four months on continued increases in living costs, a Reuters poll showed, adding to pressure on the central bank to raise interest rates. Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will scrutinise more data in deciding …

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Data centre operator DayOne aims to raise over $1 billion, sources say

17 Oct 2025

By Kane Wu and Yantoultra Ngui HONG KONG/SINGAPORE (Reuters) -DayOne, a global data centre operator affiliated with GDS Holdings, one of China’s largest data centre operators, is seeking to raise more than $1 billion in a new funding round, four people with knowledge of the matter said. DayOne, formerly known as GDS International, has tapped …

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Thailand to speed up $9.2 billion investment projects over next four months, official says

17 Oct 2025

BANGKOK (Reuters) -Thailand’s Board of Investment will speed up investment projects worth 300 billion baht ($9.22 billion) over the next four months, the head of the agency said on Friday, as the government tries to revive a sluggish economy. The agency will facilitate and ease investment rules to support the 70 projects, which mainly involve …

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Singapore signs 3-GW green power deals with neighbour Malaysia

17 Oct 2025

KUALA LUMPUR (Reuters) -Singapore has signed two cross-border power supply agreements with its neighbour Malaysia that could give it access to up to 3 gigawatts of low-carbon generation capacity, according to joint statements issued on Friday. Singapore has granted conditional approval to Sembcorp Utilities Pte Ltd, in partnership with Malaysia’s Sarawak Energy Berhad, to import …

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