Reuters Asia Business

Vietnam shares hit a record high after FTSE flags upgrade to emerging market status

8 Oct 2025

By Phuong Nguyen and Ankur Banerjee HANOI (Reuters) -Vietnam’s benchmark stock index hit a record high on Wednesday as the government and investors alike welcomed FTSE Russell’s announcement that the country was set to be upgraded to emerging market status. The upgrade from frontier market status – a designation that prevents many passive funds from …

Vietnam shares hit a record high after FTSE flags upgrade to emerging market status Read More »

Australia’s Albanese raises deadly Optus emergency call outage with Singapore PM

8 Oct 2025

By Renju Jose SYDNEY (Reuters) -Australian Prime Minister Anthony Albanese said he had raised the recent deadly outage of Singtel-owned Optus’s emergency call number with his Singaporean counterpart, Lawrence Wong, in a bilateral meeting held in Canberra on Wednesday. Two back-to-back outages of the emergency “000” number last month have intensified scrutiny of Optus, Australia’s …

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Indonesia has entered talks with China on high-speed train debt, minister says

8 Oct 2025

JAKARTA (Reuters) -Indonesia’s Investment Minister Rosan Roeslani on Wednesday said the government has entered into discussions with China about restructuring the debt of Indonesia’s high-speed train company. Construction of the $7.3 billion China-backed high-speed railway began in 2016, and it was meant to start operating in 2019. But the project to connect the capital Jakarta …

Indonesia has entered talks with China on high-speed train debt, minister says Read More »

Malaysia eyes more subsidies, aid to tackle living costs in 2026 budget

8 Oct 2025

By Danial Azhar KUALA LUMPUR (Reuters) -Malaysia will probably spend more on public subsidies and social assistance as part of its budget for next year amid rising living costs, economists said, even as the government seeks to boost its revenue and strengthen its fiscal position.    Prime Minister Anwar Ibrahim, who is also finance minister, is …

Malaysia eyes more subsidies, aid to tackle living costs in 2026 budget Read More »

Yen falls may prod BOJ to hike rates in October, ex-central bank executive says

8 Oct 2025

By Leika Kihara TOKYO (Reuters) -The yen’s recent sharp falls may prompt the Bank of Japan to raise interest rates as soon as this month, former central bank executive Kazuo Momma said on Wednesday. The yen has tumbled since fiscal and monetary dove Sanae Takaichi’s victory in a party leadership race on Saturday, setting her …

Yen falls may prod BOJ to hike rates in October, ex-central bank executive says Read More »

Taiwan says private refiners willing to stop buying Russian naphtha

8 Oct 2025

TAIPEI (Reuters) -Taiwan’s economy minister said on Wednesday that privately-run refiners are willing to stop buying Russian naphtha should the EU ask them too, after a group of non-governmental organisations criticised the island’s continued business with the country. While Taiwan joined the United States and major Western allies in putting broad sanctions on Russia after …

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Honda’s grip on Vietnam motorbike market looks shaky on EV switch

8 Oct 2025

By Francesco Guarascio and Phuong Nguyen HANOI (Reuters) -Honda’s dominance of Vietnam’s motorbike market is under threat as Hanoi pushes for a rapid switch to electric vehicles in a boost to local EV maker VinFast, according to industry data and the findings of a consumer survey. Vietnam’s Prime Minister Pham Minh Chinh issued a directive …

Honda’s grip on Vietnam motorbike market looks shaky on EV switch Read More »

Indonesia on course for B50 biodiesel in 2026 to lessen gasoil imports, minister says

8 Oct 2025

JAKARTA (Reuters) -Indonesia is forging ahead with its plan to make biodiesel containing 50% palm oil-based biofuel, or B50, mandatory in 2026 in a bid to lower gasoil imports, its energy minister said. Top palm oil producer Indonesia currently has a mandatory biofuel content of 40% and is working to increase the amount of palm …

Indonesia on course for B50 biodiesel in 2026 to lessen gasoil imports, minister says Read More »

Indonesia considering bioethanol-blended fuel mandate, minister says

8 Oct 2025

JAKARTA (Reuters) -Indonesia is considering setting a mandatory bioethanol content level of 10% for gasoline sold in the country to lower carbon dioxide emissions and reduce its dependence on fuel imports, state news agency Antara reported on Tuesday, citing its energy minister. Indonesia’s government is seeking to expand the use of biofuels made from palm …

Indonesia considering bioethanol-blended fuel mandate, minister says Read More »

Singapore’s Keppel REIT eyeing 75% of Sydney’s Top Ryde City Shopping Centre

8 Oct 2025

(Reuters) -Singapore’s Keppel REIT announced on Wednesday that it plans to acquire a 75% stake in Sydney’s Top Ryde City Shopping Centre for a gross purchase price of A$393.8 million ($259 million), marking a major push into non-discretionary retail. The acquisition, which remains subject to approval from Australia’s Foreign Investment Review Board, values the freehold …

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