Reuters Asia Business

New Japan ETFs ride governance push with focus on activist, reorganisation targets

14 Jul 2025

By Junko Fujita TOKYO (Reuters) -A new breed of exchange-traded funds in Japan aims to ride a push for corporate governance and value by buying into companies that are ripe for reform or targets of activist investors. Three new active ETFs launched by Simplex Asset Management, due to start trading on July 18, will target …

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Singapore economy grows 4.3% in second quarter, avoids technical recession, advance estimate shows

14 Jul 2025

By Xinghui Kok SINGAPORE (Reuters) -Singapore’s economy grew a faster-than-expected 4.3% in the second quarter year-on-year, preliminary government data showed on Monday, despite a dimming outlook due to global economic uncertainty. The trade ministry’s advance estimate for gross domestic product in the April to June period compared to an expected expansion of 3.5% according to …

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Australia and China: Trade flows and security tensions shape ties

13 Jul 2025

SYDNEY (Reuters) -Australia’s Prime Minister Anthony Albanese arrived in Shanghai on Saturday for a six-day visit to three Chinese cities where regional security tensions and economic ties are likely to dominate talks. Albanese’s second visit to China, where he will meet President Xi Jinping, comes after Canberra stepped up screening of Chinese investment in critical …

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China’s Chery denies improper subsidy declarations

12 Jul 2025

SHANGHAI (Reuters) -Chinese automaker Chery on Saturday denied assertions that it had improperly claimed government subsidies for environmentally friendly vehicles. An audit by the Ministry of Industry and Information Technology disqualified declarations by Chery and BYD for a combined $53 million in government subsidies for thousands of vehicles sold in the five years to 2020, …

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China, ASEAN to submit upgraded free trade deal to leaders in October, says China’s foreign minister

12 Jul 2025

SHANGHAI (Reuters) -China and the Association of Southeast Asian Nations have agreed to submit a pact upgrading their free trade areas to their leaders for approval in October, according to China’s foreign minister Wang Yi on Saturday. Negotiations about the so-called 3.0 version of the free trade zone started in November 2022 and completed in …

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Taiwanese rocket fails to achieve Japan’s first foreign launch

12 Jul 2025

By Kantaro Komiya TOKYO (Reuters) -Taiwanese private rocket company TiSpace terminated the flight of one of its rockets shortly after lift-off in northern Japan on Saturday, failing to become the first foreign company to perform a successful launch on Japanese soil. TiSpace, through its Japanese unit jtSPACE, tried to reach outer space 100 km (62 …

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China’s Hesai loses lawsuit against US government for blacklisting

12 Jul 2025

(Reuters) -A U.S. court on Friday ruled against China-based Hesai Group in the lidar manufacturer’s lawsuit against the U.S. government for adding it to a blacklist of companies allegedly working with Beijing’s military. The U.S. District Court for the District of Columbia ruled that the Defense Department’s finding that Hesai contributes “to the Chinese defense …

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Trump blocks acquisition of equipment supplier Jupiter Systems by Hong Kong firm

12 Jul 2025

By Kanishka Singh WASHINGTON (Reuters) -President Donald Trump ordered the blocking of the acquisition of audiovisual equipment supplier Jupiter Systems by Hong Kong’s Suirui International after Suirui was found to be a national security risk, the U.S. Treasury Department said on Friday. The Committee on Foreign Investment in the United States reviewed and investigated the …

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Indonesia’s GoTo says it respects ongoing legal process after reports authorities raided GoTo’s office

12 Jul 2025

JAKARTA (Reuters) -Indonesian tech firm GoTo Gojek Tokopedia said in a statement late on Friday that it respects the ongoing legal process and will be supportive of any efforts to uphold the law. GoTo’s statement came after media reports saying Indonesia’s attorney general’s office raided GoTo’s office related to an investigation into alleged corruption in …

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