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Indonesia considers further liquidity injection for state banks

13 Oct 2025

JAKARTA [Reuters] -Indonesia is considering injecting more liquidity into the country’s state banks, its finance minister said on Monday after a meeting with economists, bankers and brokerage executives. Purbaya Yudhi Sadewa did not specify the amount, adding that the government was still reviewing the impact of a recent 200 trillion rupiah ($12.08 billion) injection of …

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India unveils $77 billion hydro plan as China builds upstream dam

13 Oct 2025

NEW DELHI (Reuters) – India’s power planning authority has drawn up a 6.4 trillion rupees ($77 billion) transmission plan to move more than 76 gigawatts of hydroelectric capacity from the Brahmaputra basin by 2047 to meet rising electricity demand, the Central Electricity Authority (CEA) said on Monday. In a report released on Monday, the CEA …

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Tesla’s Shanghai gigafactory begins production ramp-up in Q4

13 Oct 2025

BEIJING (Reuters) -Tesla’s Shanghai gigafactory, its largest manufacturing hub globally, has begun production ramp-up in the fourth quarter, Tesla vice president Tao Lin said in a Weibo post on Monday. The U.S. automaker’s China-made electric vehicle sales rose 2.8% in September from a year earlier, ending a two-month decline as its new six-seater began deliveries …

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Genting launches $1.6 billion bid for Genting Malaysia to gain control of casino arm

13 Oct 2025

By Rajasik Mukherjee and Yantoultra Ngui SINGAPORE (Reuters) -Genting said on Monday it will make a conditional cash offer for all the shares in Genting Malaysia it does not own, in a deal worth 6.74 billion ringgit ($1.6 billion) as it aims to consolidate control of its casino and hospitality arm. The move comes as …

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China’s September exports to Russia show steepest decline in seven months

13 Oct 2025

BEIJING (Reuters) -China’s yuan-denominated exports to Russia in September posted their biggest drop in seven months, accelerating the decline seen in August, Chinese customs data showed on Monday. Outbound shipments to Russia contracted 21% in yuan terms last month to 63.11 billion yuan ($8.85 billion) from a year earlier, the lowest since February and a …

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G20 risk watchdog warns of potential for financial market crash

13 Oct 2025

By Marc Jones LONDON (Reuters) -The latest surge in global share prices and other assets has left markets susceptible to a crash given the current uncertain economic and geopolitical backdrop, the G20’s risk watchdog said on Monday. Financial Stability Board (FSB) Chair, Andrew Bailey, told G20 ministers in a letter the elevated risks made maintaining …

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South Korea in talks with US on various ways to set up FX swap, minister says

13 Oct 2025

SEOUL (Reuters) -South Korea is discussing with the U.S. various ways to set up a bilateral foreign exchange swap line as part of a trade deal over concerns about how proposed U.S. investments could skew the local currency market, the country’s finance minister said. Minister Koo Yun-cheol made the comment at a parliamentary session on …

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China’s exports top forecast but fresh US trade spat raises risks to outlook

13 Oct 2025

By Joe Cash and Ellen Zhang BEIJING (Reuters) -China’s export growth bounced back in September, but renewed trade threats from Beijing and Washington have rekindled worries about jobs and further deflation in an economy heavily reliant on selling its manufactured goods overseas. The world’s second-largest economy has greatly diversified its export markets this year to …

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China’s September imports of crude oil, soybeans rise

13 Oct 2025

(Reuters) -China’s imports of soybeans and crude oil rose in September from a year earlier, while those of coal fell, customs data showed on Monday. The country’s soybean imports hit the second-highest level on record, driven by strong purchases from South America amid the ongoing trade dispute with the U.S. China’s export growth picked up …

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