Reuters Asia Business

Star Entertainment’s Hong Kong backers threaten to soon exit Brisbane casino deal

30 Jun 2025

(Corrects timing of shareholder approval to this month) By Shivangi Lahiri and Rishav Chatterjee (Reuters) -Australia’s Star Entertainment said on Monday that its Hong Kong-based investors had threatened to imminently withdraw from a deal for Brisbane’s new Queen’s Wharf casino and hotel complex, sending its shares 7% lower. Chow Tai Fook Enterprises and Far East …

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Thai economy slows in May on weaker tourism, production, central bank says

30 Jun 2025

BANGKOK (Reuters) -Thailand’s economy in May softened from the previous month following a slowdown in the tourism sector and a decline in manufacturing production, which offset the surge in exports, the central bank said on Monday. The tourism sector in May saw a decline in both revenue and the number of foreign tourists, particularly long-haul …

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Tesla’s V4 superchargers begin operation in China

30 Jun 2025

BEIJING (Reuters) -Tesla’s first batch of V4 superchargers has begun operation in China, covering Shanghai, Chongqing, Gansu and Zhejiang provinces, the U.S. automaker said on Monday. The superchargers will gradually be deployed in Beijing, Guangdong province and other Chinese localities and will be open to other electric vehicle brands, the automaker said. (Reporting by Beijing …

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South Korea says seeking extension to US 90-day tariff pause

30 Jun 2025

SEJONG, South Korea (Reuters) -South Korea will seek an extension to the 90-day pause in U.S. tariffs that is set to expire next week, as negotiations are likely to continue past the deadline set between Seoul and Washington, a senior South Korean trade official said on Monday. South Korea’s new administration held its first senior-level …

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Japan’s food inflation to intensify in July, survey shows

30 Jun 2025

By Leika Kihara TOKYO (Reuters) -Japanese households will get no respite from rising living costs with a five-fold increase expected in the number of food items set to experience price rises in July, a private think tank survey showed on Monday. The finding highlights mounting inflationary pressure in Japan’s once deflation-prone economy, which some policymakers …

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Indonesia trade surplus seen widening to $2.53 billion in May: Reuters poll

30 Jun 2025

JAKARTA (Reuters) -Indonesia’s trade surplus in May is expected to widen to $2.53 billion as growth of imports is expected to drop from a double-digit rise in the previous month, while exports continued to rise, a Reuters poll showed on Monday. Analysts in the poll estimated the rise in imports for May at 0.9%, which …

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Indonesia to ease import restrictions ahead of US tariff deadline

30 Jun 2025

By Stefanno Sulaiman JAKARTA (Reuters) -Indonesia will ease import restrictions and rules on many goods and raw materials in a bid to make it easier to do business in the country, officials said on Monday, ahead of the July 9 deadline for tariff negotiations set by the United States. While Indonesia is Southeast Asia’s largest …

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