Reuters Asia Business

Bridgewater exited all US-listed China stocks in the second quarter

By Summer Zhen HONG KONG (Reuters) -Bridgewater Associates sold all its U.S.-listed China shares in the second quarter, signalling a major shift in its portfolio allocation, as the trade war between the world’s two largest economies escalated. One of the world’s biggest hedge funds, Bridgewater sold its entire holdings in about 16 Chinese stocks and …

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Price retreat buoys demand in India; activity muted elsewhere

By Rajendra Jadhav and Brijesh Patel (Reuters) -Physical gold demand in India improved slightly this week as a price pullback lifted buying interest among consumers, while activity in other top Asian hubs remained lacklustre. Gold prices in India closed at 99,838 rupees ($1,139.61) per 10 grams on Thursday after hitting a record high of 102,250 …

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Thailand economy likely lost steam in second quarter on weak domestic demand: Reuters poll

By Rahul Trivedi BENGALURU (Reuters) -Thailand’s economic growth likely slowed in the second quarter as weak household consumption offset gains from strong exports, according to a Reuters poll of economists. Southeast Asia’s second-largest economy was estimated to have expanded 2.5% year-on-year in the April-June quarter, the August 12-15 survey of 21 economists showed. Estimates ranged …

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China’s factory output, retail sales growth slump in blow to economy

By Kevin Yao, Joe Cash and Yukun Zhang BEIJING (Reuters) -China’s factory output growth slumped to an eight-month low in July, while retail sales slowed sharply, raising pressure on policymakers to roll out more stimulus to revive domestic demand and ward off external shocks to the $19 trillion economy. The underwhelming indicators come as officials …

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Japan’s July inflation rate likely eased but remained above BOJ target: Reuters poll

TOKYO (Reuters) -Japan’s core inflation rate in July likely slowed from the previous month but remained above the Bank of Japan’s 2% target, a Reuters poll showed, adding to pressure on the central bank to raise interest rates. The BOJ is weighing whether to continue raising borrowing costs to combat inflation, or hold back to …

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China’s fossil-fuelled power rises to 11-month high in July

BEIJING (Reuters) -China’s fossil-fuelled power generation, mostly from coal, rose in July to the highest level since August 2024, official data showed on Friday, as record-breaking heat pushed power demand to record highs across large swathes of China. Fossil-fuelled power generation, known in China as thermal power and generated mostly by coal with a small …

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Japan posts unexpectedly strong GDP, helped by resilient exports

By Makiko Yamazaki and Kantaro Komiya TOKYO (Reuters) -Japan’s economy grew much faster than expected in the second quarter as export volumes held up well against new U.S. tariffs, giving the central bank some of the conditions it needs to resume interest rate hikes this year. Gross domestic product (GDP) rose 1.0% on an annualised …

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