Reuters Asia Business

US to allow South Koreans to work at sites under temp visas, but clear solution elusive

1 Oct 2025

By Jack Kim and Hyunjoo Jin SEOUL (Reuters) -The United States has agreed to allow South Koreans to work on equipment at U.S. investment sites under existing temporary visas and open new channels to help its ally send workers to do business there, Seoul’s foreign ministry said on Wednesday. But U.S. officials at a working …

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Indonesia’s August trade surplus widest in nearly 3 years on slide in imports

1 Oct 2025

By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) -Indonesia recorded a bigger than expected $5.49 billion trade surplus in August, the largest monthly number in almost three years, as a sharp drop in imports more than made up for slowing export growth, official data showed on Wednesday. Economists polled by Reuters had expected a $4 …

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Indonesia to give additional stimulus in Q4, targets 30 million families, minister says

1 Oct 2025

JAKARTA (Reuters) -Indonesia will provide an additional economic stimulus in the fourth quarter of this year, its chief economic minister said on Wednesday, with a package that could provide help for more than 100 million people. Last month, Indonesia announced an economic stimulus package worth 16.23 trillion rupiah ($973.31 million), including food assistance and an …

Indonesia to give additional stimulus in Q4, targets 30 million families, minister says Read More »

MUFG in talks for $2.6 billion stake in India’s Shriram Finance, Economic Times reports

1 Oct 2025

(Reuters) -Japan’s Mitsubishi UFJ Financial Group is in advanced talks to buy a 20% stake in Indian non-banking finance company Shriram Finance for 232 billion rupees ($2.61 billion), the Economic Times reported on Wednesday, citing people familiar with the matter. A deal would mark the latest move by a Japanese financial institution to acquire a …

MUFG in talks for $2.6 billion stake in India’s Shriram Finance, Economic Times reports Read More »

Japan’s $550 billion US investment to have no FX impact, top trade negotiator says

1 Oct 2025

By Makiko Yamazaki TOKYO (Reuters) -Japan will run a $550 billion U.S.-bound investment package agreed in Tokyo’s tariff deal with Washington without any impact on the foreign exchange market, its top trade negotiator Ryosei Akazawa said on Wednesday. “Based on our calculation, $550 billion is within the range where there will be no foreign exchange …

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Nomura to boost rates and FX trading units, sees more market volatility

1 Oct 2025

By Anton Bridge and Miho Uranaka TOKYO (Reuters) -Japan’s Nomura Holdings plans to beef up its interest rate and currency trading operations globally, believing increased market volatility will lift demand, a senior executive said. The push reflects growing doubts around the longevity of the current equities bull run. When markets become more volatile, interest rate …

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Indonesia’s Pertamina says crucial unit of Balikpapan refinery upgrade will start up in Q4

1 Oct 2025

JAKARTA (Reuters) -The upgrade of Indonesia’s state energy firm Pertamina’s Balikpapan refinery is 96.5% complete and a crucial unit is gearing up to launch operations in the fourth quarter, Pertamina’s refining subsidiary said on Wednesday. Balikpapan is one of Pertamina’s largest refineries and the upgrade is designed to increase its refining capacity to 360,000 barels …

Indonesia’s Pertamina says crucial unit of Balikpapan refinery upgrade will start up in Q4 Read More »

Sanctions fears stymie Russian companies’ panda bond sales push in China

1 Oct 2025

(Reuters) -Russian companies’ plans to tap China’s vast bond market for low-cost funding are proving to be a non-starter as Chinese banks and investors steer clear of them on concerns about Western sanctions, sources said. The conundrum shows the challenges Russian companies face to raise capital even in a country that has stood by it …

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