Reuters Asia Business

By Emily Chow SINGAPORE (Reuters) -China received this week its first liquefied natural gas cargo from a sanctioned Russian project, ship-tracking data from Kpler and LSEG showed, days ahead of Russian President Vladimir Putin’s meeting with Chinese President Xi Jinping. Putin is among more than 20 world leaders, including Indian Prime Minister Narendra Modi, who …

China receives first Arctic LNG 2 cargo ahead of Putin’s visit, data shows Read More »

By Mariko Katsumura TOKYO (Reuters) -Japan needs to conduct a fundamental review of its policy for foreign residents and should debate whether a cap should be introduced, according to a government report released on Friday. Concerns over an influx of foreigners, both temporary and permanent, have become a hot topic in Japan, where growth in …

Japan should debate cap for foreign residents, government report says Read More »

BANGKOK (Reuters) -Thailand recorded a current account surplus of $2.2 billion in July, the central bank said on Friday. The economy slowed in July from the previous month and is expected to slow further in August as consumption weakens and U.S. tariffs affect exports, it said in a statement. (Reporting by Orathai Sriring and Kitiphong …

Thailand records current account surplus of $2.2 billion in July Read More »

By Naveen Thukral and Ella Cao SINGAPORE/BEIJING (Reuters) -China’s soybean importers are boosting purchases from Argentina and Uruguay over the next year to fill the supply gap left by the absence of U.S. shipments as the trade war drags on between Washington and Beijing, according to two trade sources. Chinese processors may buy up to …

China boosts soybean buys from Argentina, Uruguay amid US trade war, sources say Read More »

JAKARTA (Reuters) -Indonesia’s trade balance is likely to post a $3.2 billion surplus in July, supported by a decline in imports that could help offset slowing exports, a Reuters poll showed on Friday. However, the expected July surplus is narrower than June’s $4.11 billion, which had been boosted by a surge in exports ahead of …

Indonesia’s trade surplus seen at $3.2 billion in July as imports decline: Reuters poll Read More »

By Rajendra Jadhav and Brijesh Patel (Reuters) -Demand for physical gold in India picked up slightly this week, despite a recovery in prices, as jewellers stocked up ahead of the festive season, while activity remained subdued elsewhere. Indian dealers were charged a premium of up to $4 per ounce over official domestic prices, inclusive of …

Indian jewellers stock up for festive season; activity muted elsewhere Read More »

(Reuters) -Former Reserve Bank of India Governor Urjit Patel has been appointed as executive director at the International Monetary Fund, a government statement showed on Friday. Patel has been appointed for a period of three years. He took over as the RBI governor from Raghuram Rajan in September 2016 and resigned from the post in …

Former Indian central bank governor Urjit Patel appointed IMF executive director Read More »

By Yantoultra Ngui and Ankur Banerjee SINGAPORE (Reuters) -Singapore’s state investment company Temasek announced on Thursday a major reorganisation of its operations, marking one of the most significant structural shifts in its 51-year history. Following are some of the key changes at Temasek before Thursday’s announcement: STRUCTURAL SHIFTS In 2011, Temasek Holdings formed Temasek International …

Factbox-Key changes at Singapore’s Temasek over the past two decades Read More »