Reuters Asia Business

Taiwan’s China Airlines to boost fleet with Airbus jets worth more than $2 billion

25 Jun 2025

TAIPEI (Reuters) -Taiwan’s China Airlines will spend more than $2 billion to add more Airbus aircraft to its fleet, consisting of five A350-900 long-haul jets and eight A321neo aircraft for medium and short-haul routes, it said on Wednesday. The carrier, Taiwan’s oldest airline, in the midst of a fleet renewal and last year split an …

Taiwan’s China Airlines to boost fleet with Airbus jets worth more than $2 billion Read More »

Singapore’s Keppel forges $1.5 billion partnership with Asian Infrastructure Investment Bank

25 Jun 2025

(Reuters) -Singapore’s Keppel is partnering with the Asian Infrastructure Investment Bank for $1.5 billion of sustainable infrastructure investments and financing opportunities in the Asia Pacific region, it said on Wednesday. The asset manager and operator said the partnership will enable it to focus on developing infrastructure projects in sectors including power transmission and distribution and …

Singapore’s Keppel forges $1.5 billion partnership with Asian Infrastructure Investment Bank Read More »

Japan’s NTT DATA Group targets July listing of data centre REIT on Singapore exchange

25 Jun 2025

By Yantoultra Ngui SINGAPORE (Reuters) -Japan’s NTT DATA Group could list its data centre real estate investment trust on the Singapore stock exchange as early as July, two sources with knowledge of the matter said, in a deal that could raise up to $1 billion. The company is looking to lodge its IPO prospectus with …

Japan’s NTT DATA Group targets July listing of data centre REIT on Singapore exchange Read More »

Exclusive-BYD slows production, delays capacity expansion at China factories, sources say

25 Jun 2025

SHANGHAI (Reuters) -Chinese electric vehicle champion BYD has slowed its production and expansion pace in recent months by reducing shifts at some factories in China and delaying plans to add new production lines, said two people with knowledge of the matter. The decisions are a sign that BYD’s robust sales growth over the past couple …

Exclusive-BYD slows production, delays capacity expansion at China factories, sources say Read More »

Investment firm PAG raises $432 million in first yuan-denominated buyout fund, sources say

25 Jun 2025

By Kane Wu HONG KONG (Reuters) -Asia-focused investment firm PAG has raised 3.1 billion yuan ($432 million) at the first close of its inaugural yuan-denominated buyout fund, exceeding its target, two people with knowledge of the matter said, as it looks to deepen investments in China. The fundraising comes amid a slowdown in China’s dealmaking …

Investment firm PAG raises $432 million in first yuan-denominated buyout fund, sources say Read More »

Japan government to consider cutting this year’s growth forecast, sources say

25 Jun 2025

TOKYO (Reuters) -Japan’s government will consider cutting its economic growth estimate for the current fiscal year ending in March 2026 due to the expected hit to global demand from U.S. tariffs, three government sources told Reuters by Wednesday. The current projection of an 1.2% expansion, made at the end of last year, could be pushed …

Japan government to consider cutting this year’s growth forecast, sources say Read More »

Hawkish BOJ policymaker puts market on notice for ‘decisive’ rate hikes

25 Jun 2025

By Leika Kihara FUKUSHIMA (Reuters) -The Bank of Japan may need to raise interest rates “decisively” to address inflation risks even if uncertainties over U.S. tariffs persist, a hawkish member of its board said, highlighting the bank’s attention to growing price pressures. Board member Naoki Tamura said inflation was speeding up and moving faster than …

Hawkish BOJ policymaker puts market on notice for ‘decisive’ rate hikes Read More »

China can maintain high growth and transition to consumer-led economy, premier Li says

25 Jun 2025

TIANJIN, China (Reuters) -China’s Premier Li Qiang said on Wednesday he was confident the world’s No.2 economy could maintain a “relatively rapid” growth rate as it transitions from a manufacturing-led model to a consumer-driven one, a shift analysts say is key to securing its future. Li’s keynote speech, delivered at a World Economic Forum meeting …

China can maintain high growth and transition to consumer-led economy, premier Li says Read More »

China urges AIIB to step up cross-border development funding, says global aid drying up

25 Jun 2025

BEIJING (Reuters) -China’s finance minister on Wednesday urged the Asian Infrastructure Investment Bank (AIIB) to expand funding for cross-border connectivity projects in developing nations, citing a global decrease in international development funding. Lan Foan called on the 110-member lender to increase its support for emerging markets, noting that many were also under pressure from a …

China urges AIIB to step up cross-border development funding, says global aid drying up Read More »

Bank of Korea board member expresses financial stability concerns

25 Jun 2025

SEOUL (Reuters) -A board member of South Korea’s central bank on Wednesday expressed concern about financial stability risk stemming from rising household debt. “There is a need to be cautious about the possibility of housing market and household debt-related risks increasing again,” said Kim Jong-hwa, a member of the Bank of Korea’s seven-seat monetary policy …

Bank of Korea board member expresses financial stability concerns Read More »

Close Bitnami banner
Bitnami