Reuters Asia Business

By Gaurav Dogra (Reuters) -Asian equities saw strong inflows in September, boosted by the U.S. Federal Reserve’s first rate cut in nine months, expectations of further easing this year, and a weaker dollar that lifted demand for regional assets. Foreign investors bought a net $7.68 billion worth of regional stocks in September, marking their fourth …

Asian equities draw inflows in September on Fed rate cut outlook, AI optimism Read More »

JAKARTA (Reuters) -Indonesia will extend by one year a tax break for buyers of some properties until the end of 2027 to support the purchasing power of the middle class, the finance minister said on Tuesday. The tax break is given to buyers of properties worth up to 5 billion rupiah ($300,000). Under the policy, …

Indonesia says to extend value-added tax break on property purchase to end-2027 Read More »

By Yimou Lee TAIPEI (Reuters) -Chinese cyberattacks on Taiwan government departments have increased by 17% so far this year compared to 2024, reaching an average of 2.8 million per day, data from the National Security Bureau showed. The bureau warned that Beijing’s “online troll army” was seeking to sow discord among Taiwanese. Taiwan has repeatedly …

Taiwan flags rise in Chinese cyberattacks, warns of ‘online troll army’ Read More »

SEOUL (Reuters) -South Korean Finance Minister Koo Yun-cheol said on Tuesday it was “huge progress” that the U.S. was not insisting that South Korea make all of the $350 billion investments, promised in a trade deal reached in July, in the form of direct investment. There have been differences between how Seoul and Washington view …

South Korea says ‘huge progress’ in US trade talks over investment package Read More »

By Miho Uranaka and Echo Wang TOKYO/NEW YORK (Reuters) -Investors expect the valuation of PayPay could exceed 3 trillion yen ($20 billion) as SoftBank prepares for an initial public offering of the Japanese payments app operator in the United States as early as December, according to two sources. SoftBank has been meeting with institutional investors …

Exclusive-PayPay valuation could exceed $20 billion in planned December US IPO, sources say Read More »

BEIJING (Reuters) -China has launched an investigation into how a U.S. Section 301 probe affects Chinese shipping and shipbuilding industries and the security of relevant supply chains, the transport ministry said in a statement on Tuesday. The investigation will also look into whether relevant companies, organisations or individuals have implemented or assisted the United States …

China probes US maritime investigation’s impact on shipping industry Read More »

BEIJING (Reuters) -Chinese solar stocks soared on Tuesday as state media reported that authorities were planning to strengthen controls on solar production capacity, as the industry faces a glut of supply that has driven prices unsustainably low. The state-run Securities Times reported on Tuesday that relevant authorities may release a notice on strengthening the regulation …

China solar stocks rise on potential capacity controls Read More »

SINGAPORE (Reuters) -The implementation of a U.S. tariff on Singapore’s pharmaceutical exports has been delayed to allow companies to negotiate possible exemptions with the U.S. administration, the Straits Times newspaper cited a junior minister as saying on Tuesday. The U.S. announced a 100% tariff on branded drugs last month and it was originally meant to …

Implementation date for U.S. tariff on Singapore pharma exports postponed, local media reports Read More »