Reuters Asia Business

(Reuters) -Singapore’s Olam Group reported a near seven-fold jump in first-half earnings on Thursday, primarily driven by strong performance at its food ingredients division due to higher average sales price. Olam, one of the world’s biggest agricultural commodity traders, has been ramping up efforts to unlock value through a stake sale in Olam Agri to …

Olam Group’s first-half profit soars on higher food ingredients prices Read More »

By Kiyoshi Takenaka TOKYO (Reuters) -Three-quarters of Japanese firms have a favourable view of the latest tariff deal with the United States after Tokyo managed to draw some concessions from President Donald Trump, a Reuters survey showed on Thursday. The two Pacific allies agreed last month to set U.S. tariffs on imports from Japan at …

Three-quarters of Japan firms view US trade deal favourably, Reuters poll shows Read More »

By Leika Kihara TOKYO (Reuters) -Pressure is mounting within the Bank of Japan to ditch a vaguely defined gauge of inflation as worries about second-round price effects prompt some board members to call for a more hawkish communication of policy and a clearer path to future rate hikes. BOJ Governor Kazuo Ueda has justified going …

BOJ faces pressure to ditch obscure inflation gauge, clear path to tighter policy Read More »

BEIJING (Reuters) -Beijing E-Town Semiconductor Technologies, a semiconductor equipment firm backed by Beijing’s government, on Wednesday said it has sued U.S. chip equipment supplier Applied Materials over alleged trade secrets infringement. Applied Materials had illegally obtained and used Beijing E-Town’s core technology secrets related to plasma sources and wafer surface treatment, the Beijing-based company said …

Beijing E-Town sues US firm Applied Materials alleging trade secrets leak Read More »

By Rodrigo Campos NEW YORK (Reuters) -This year’s popularity of emerging market assets is showing no sign of let-up as international investors poured a combined $55.5 billion into EM stock and bond portfolios in July, the second-largest monthly total in four years. The total compared with $42.8 billion in June and $47.6 billion in July …

EM portfolios see second biggest monthly inflow in four years, IIF data shows Read More »

By Enes Tunagur LONDON (Reuters) -World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency said on Wednesday. Supply will rise by 2.5 million barrels per day (bpd) in 2025, up from 2.1 million bpd …

World oil market looks more ‘bloated’ after OPEC+ hike, IEA says Read More »

By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand’s central bank lowered its policy rate to a near three-year low on Wednesday to boost a slowing economy grappling with U.S. tariffs, falling prices and weak foreign tourist arrivals, with further policy easing seen later this year. As widely expected, the monetary committee unanimously cut the one-day …

Thailand cuts key rate to near three-year low as growth sputters, more easing expected Read More »