Reuters Asia Business

Toyota to recall nearly 394,000 US vehicles over rearview camera issue, NHTSA says

7 Oct 2025

(Reuters) -Toyota Motor is recalling 393,838 vehicles in the U.S. due to a rearview camera issue that may fail to display, reducing drivers’ visibility and increasing the risk of a crash, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Tuesday. The recall covers several models including certain 2022-2025 Tundra, Tundra Hybrid, and 2023-2025 …

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Bangladesh approves US wheat imports, hoping to ease trade tensions

7 Oct 2025

DHAKA (Reuters) -Bangladesh has approved the purchase of about 220,000 metric tons of U.S. wheat under a government-to-government deal aimed at easing trade tensions with Washington after import tariffs were imposed by U.S. President Donald Trump’s administration. The Cabinet Committee on Government Purchase cleared the deal on Tuesday, officials said. The wheat, priced at $308 …

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Mercedes-Benz third quarter sales drop, dragged by China and US

7 Oct 2025

(Reuters) -Mercedes-Benz reported declining sales for the third quarter on Tuesday, as U.S. import duties and intensifying competition in China dented the German luxury carmaker’s deliveries. It delivered 441,500 vehicles between July and September, 12% fewer than in the same quarter last year, with sales in the U.S. and China falling by 17% and 27% …

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Cornerstone investors to take bulk of Maynilad Water’s up to $438 million IPO, sources say

7 Oct 2025

By Karen Lema and Yantoultra Ngui MANILA/SINGAPORE (Reuters) -Cornerstone investors will buy more than half of Maynilad Water Services Inc.’s planned initial public offering of up to 25.3 billion pesos ($438 million), two sources said, in what is expected to be the Philippines’ biggest listing this year. Maynilad, the largest private water concessionaire in the …

Cornerstone investors to take bulk of Maynilad Water’s up to $438 million IPO, sources say Read More »

Russia’s pipeline deal with China seen taking a decade to boost exports

7 Oct 2025

MOSCOW (Reuters) -Russia, which recently announced progress in talks with Beijing about a new pipeline, will need at least a decade to significantly increase natural gas exports to China as a result of that deal, industry sources told Reuters. Alexei Miller, CEO of Russian gas corporation Gazprom, said a “legally binding memorandum” had been signed …

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Indonesia may shift government funds to regional banks to boost growth

7 Oct 2025

JAKARTA (Reuters) -Indonesia is considering moving up to 10 trillion rupiah ($604.78 million) per lender to regional banks, its finance minister said on Tuesday, in a bid to quickly boost economic growth through more lending. The fund would be sourced from the government’s cash deposit in the central bank, currently at more than 270 trillion …

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Malaysia’s MMC Ports delays IPO to include full-year results, sources say

7 Oct 2025

By Yantoultra Ngui SINGAPORE (Reuters) -Malaysia’s MMC Port Holdings has decided to postpone its planned initial public offering to next year so that it can include its full-year 2025 financial results, two sources with knowledge of the matter told Reuters on Tuesday. The listing, initially targeted for the fourth quarter of 2025, could raise more …

Malaysia’s MMC Ports delays IPO to include full-year results, sources say Read More »

Thailand unveils new stimulus, says aiming for growth of more than 2.2% this year

7 Oct 2025

BANGKOK (Reuters) – The Thai government will spend $1.4 billion on a consumer subsidy program and will roll out other stimulus measures to try to spark a sluggish economy and lift growth above 2.2% this year, the finance minister said on Tuesday. After Cabinet approved a 44 billion baht ($1.4 billion) “co-payment” scheme to subsidise …

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Myanmar groups to sue Telenor over data sharing with junta

7 Oct 2025

By Poppy McPherson BANGKOK (Reuters) -Myanmar civil society groups said on Tuesday they are suing the Norwegian telecoms giant Telenor, alleging it shared customer data with the Southeast Asian nation’s ruling military that allowed the junta to track, imprison and kill civilians. The firm, which is majority-owned by the Norwegian government, sold its business in …

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