Reuters Asia Business

Manulife asset and wealth arm reaches deal to acquire Schroders’ Indonesia business

24 Sep 2025

HONG KONG (Reuters) -Manulife Financial Corp’s wealth and asset management arm said on Wednesday it has signed an agreement to buy UK asset manager Schroders’ business in Indonesia. PT Manulife Aset Manajemen Indonesia, the Canadian financial group’s local unit, will acquire PT Schroder Investment Management Indonesia, pending regulatory approval and fulfilment of other conditions, according …

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Sri Lanka’s central bank holds policy rate ahead of budget, IMF review

24 Sep 2025

By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka’s central bank kept its overnight policy rate unchanged on Wednesday, as it aims to underpin growth ahead of the country’s budget and a visit by a delegation of the International Monetary Fund for its latest review. The Central Bank of Sri Lanka (CBSL) held the overnight policy rate …

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Pakistan’s Cnergyico orders second US oil cargo, eyes more

24 Sep 2025

By Ariba Shahid and Sudarshan Varadhan KARACHI/SINGAPORE (Reuters) -Pakistan’s largest oil refiner Cnergyico has ordered a second shipment of U.S. crude after finding its debut purchase commercially viable, its vice chairman said on Wednesday, paving the way for more imports. Vitol will deliver a 1 million-barrel cargo of West Texas Light (WTL) crude in November …

Pakistan’s Cnergyico orders second US oil cargo, eyes more Read More »

Pakistan’s national carrier to resume flights with Britain after five years

24 Sep 2025

ISLAMABAD (Reuters) -Pakistan International Airlines said on Wednesday it would resume direct flights next month on its most profitable route to Britain, putting an end to a five-year ban before the planned privatisation of the national carrier this year. Britain cleared the airline to operate passenger and cargo flights, PIA said in a statement, adding …

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Ex-BOJ policymaker Adachi says October rate hike cannot be ruled out

24 Sep 2025

By Leika Kihara and Takahiko Wada TOKYO (Reuters) -The Bank of Japan is likely to revise up its economic and inflation forecasts in its next quarterly review, which could pave the way for an interest rate hike in October, the central bank’s former board member Seiji Adachi told Reuters. Markets see a roughly 50% chance …

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Foreign investors stand to gain from ‘twist’ in Japan’s bond yield curve

24 Sep 2025

By Junko Fujita TOKYO (Reuters) -A surprisingly hawkish stance by the Bank of Japan and receding concerns about a blow-out in public finances have boosted the prospects of foreign investors who have piled into super-long Japanese government bonds over the last seven months. Foreign investors’ bets on the flattening of the Japanese government bond (JGB) …

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Hong Kong’s airlines evacuate planes as they wait out Typhoon Ragasa

24 Sep 2025

By Lisa Barrington (Reuters) -As Typhoon Ragasa, the world’s most powerful tropical cyclone this year, approached Hong Kong this week, mass flight cancellations and lost revenue were not the only headache for airlines based at one of the world’s busiest airports. Ahead of the arrival of hurricane-force winds and torrential rain on Wednesday, about 80% …

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Japan PM contender Takaichi refrains from blasting BOJ rate hikes

24 Sep 2025

By Leika Kihara TOKYO (Reuters) -Sanae Takaichi, a contender to become Japan’s first female prime minister, said the country’s central bank is responsible for deciding specific means of monetary policy, refraining from repeating last year’s criticism over its interest rate hikes. Seen by markets as an advocate of aggressive fiscal and monetary stimulus, Takaichi stirred …

Japan PM contender Takaichi refrains from blasting BOJ rate hikes Read More »

China’s COMAC falls behind on C919 aircraft delivery targets, filings show

24 Sep 2025

By Lisa Barrington (Reuters) -Chinese planemaker COMAC is falling behind on previously stated delivery targets for the production of its narrow-body C919 commercial plane, according to regulatory filings from the three airlines that fly the model. China Eastern Airlines, Air China and China Southern were expecting 32 of the planes to be delivered this year, …

China’s COMAC falls behind on C919 aircraft delivery targets, filings show Read More »

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