Reuters Asia Business

TOKYO (Reuters) -Japan will step up efforts to court researchers from the United States amid concerns about the U.S. government’s shifting policies on academic work, Prime Minister Shigeru Ishiba said on Wednesday. Measures would include invitations to “excellent foreign researchers, including from the U.S. … as the U.S. government’s policy shifts pose concerns over research …

Japan plans to lure US researchers amid Trump crackdown Read More »

JAKARTA (Reuters) -Starting next year, Indonesian policyholders will have to bear some of the cost of their hospital bills through co-payment, according to a new regulation intended to curb overclaims and curb a rise in medical costs. Under the new rules, policyholders will have to pay at least 10% of their total claim or a …

Indonesian policyholders must pay part of medical insurance claims from 2026 Read More »

(Reuters) -Research firm Counterpoint cut growth expectations for global smartphone shipments in 2025 to 1.9% on Wednesday, down from its earlier forecast of 4.2%, citing uncertainties surrounding U.S. tariffs. U.S. President Donald Trump announced a series of tariffs on April 2, prompting companies such as Apple to adjust supply chains. However, the U.S. suspended the …

Counterpoint Research cuts 2025 global smartphone shipment growth amid tariff uncertainty Read More »

SEOUL (Reuters) -South Korean defence company Korea Aerospace Industries (KAI) said on Wednesday it has signed a deal worth 975.3 billion won ($712.83 million) with the Philippine defence ministry to supply 12 aircraft. KAI will export 12 of its FA-50 fighter jets by 2030, which would modernise the Southeast Asian country’s military, it said in …

South Korea’s KAI signs $700 million aircraft deal with Philippines Read More »

By Leika Kihara TOKYO (Reuters) -Japan currently has no plan to issue a central bank digital currency (CBDC) but must continue innovating its payment and settlement system in an increasingly cash-less society, a senior central bank official said on Wednesday. Although banknote issuance remains high in Japan, usage of notes could fall significantly in the …

Japan must pursue payment innovation as society becomes cash-less, BOJ official says Read More »