Reuters Asia Business

By Chibuike Oguh and Iain Withers NEW YORK/LONDON (Reuters) -Global stocks were flat but still traded near record highs on Friday as U.S. President Donald Trump and his Russian counterpart Vladimir Putin held high-stakes talks in Alaska over Ukraine.  U.S. Treasury bond prices fell across the board with markets anticipating a Federal Reserve interest rate …

World equities flat, crude oil prices fall as Trump, Putin hold high-stakes talks Read More »

By Liam Mo and Brenda Goh BEIJING (Reuters) -China kicked off the three-day long World Humanoid Robot Games on Friday, looking to showcase its advances in artificial intelligence and robotics with 280 teams from 16 countries. Robots competed in sports such as track and field, and table tennis, as well as tackled robot-specific challenges from …

Robots race, play football, crash and collapse at China’s ‘robot Olympics’ Read More »

By Kanchana Chakravarty (Reuters) -Applied Materials shares slid about 12% in morning trading on Friday after the company issued disappointing sales and profit forecast, stoking investor concerns that the U.S.-China trade dispute was eroding demand. The chip-equipment maker joined Dutch rival ASML Holding in flagging continued uncertainty over the impact of U.S. tariffs, as two …

Applied Materials’ shares sink on weak China demand, tariff uncertainty Read More »

LONDON (Reuters) -World markets are watching closely as U.S. President Donald Trump and Russia’s Vladimir Putin meet in Alaska later on Friday to seal a possible ceasefire agreement in Ukraine. This is a conflict that sparked an energy shock, sent food prices soaring, battered European assets and cut Russia’s economy off from much of the …

What a Russia-Ukraine ceasefire deal could mean for global markets Read More »

By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) – Indonesian President Prabowo Subianto on Friday proposed a $234 billion budget for 2026, forecasting a deficit of 2.48% of GDP, while pledging to eliminate the shortfall and achieve a balanced budget within three years. The 2026 budget, which targets annual GDP growth of 5.4%, seeks to …

Indonesia unveils 2026 budget with lower deficit, targets fiscal balance within three years Read More »

(Removes reference in paragraph 8 to judgment being a written judgment) SINGAPORE (Reuters) -Property tycoon Ong Beng Seng was fined S$30,000 ($23,000) by a Singapore court on Friday as part of a landmark case that led to the jailing of former Transport Minister S. Iswaran last year. Ong, the 79-year-old founder of Hotel Properties Ltd …

Singapore property tycoon linked to jailed minister fined S$30,000 Read More »