Reuters Asia Business

Japanese investors raise foreign stock holdings for sixth week on easing trade tensions

2 May 2025

(Reuters) -Japanese investors raised their foreign stock holdings for a sixth straight week as their sustained appetite for overseas equities was further bolstered by signs that the U.S. and China were willing to ease trade tensions. The local investors also viewed last week’s stronger yen as an opportunity to enhance their overseas asset positions. The …

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US blacklist on China is riddled with errors, outdated details

2 May 2025

HONG KONG/SHENZHEN (Reuters) – Doris Au, a seller of door locks and hardware in Hong Kong for 25 years, received a letter from her bank, DBS Group, last June stating that her business account would be closed. The bank gave little explanation but subsequently froze the account, killing her business with international suppliers, she said. …

US blacklist on China is riddled with errors, outdated details Read More »

South Korea’s third acting president is low-key economist at helm amid deep turmoil

2 May 2025

By Jack Kim SEOUL (Reuters) – South Korea’s third acting leader in five months, Lee Ju-ho, is an understated labour economist and education bureaucrat thrust into managing high-stakes trade talks with the United States and a country reeling from political knife fights before a crucial election. Education Minister Lee found himself at the helm of …

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Asian FX bulls gain momentum as dollar stays under pressure

2 May 2025

By Himanshi Akhand (Reuters) -Investors ramped up their bullish bets on most Asian currencies, a Reuters poll showed on Thursday, as worries about U.S. trade policies under President Donald Trump continued to weaken the dollar. Analysts increased their long positions on the Singapore dollar, the Indian rupee, the Thai baht, and the Philippine peso, according …

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Japan says massive Treasury stockpile among tools for US trade talks

2 May 2025

By Leika Kihara and Makiko Yamazaki TOKYO (Reuters) -Japan could use its $1 trillion-plus holdings of U.S. Treasuries as a card in trade talks with Washington, its finance minister said on Friday, raising explicitly for the first time its leverage as a massive creditor to the United States. While Finance Minister Katsunobu Kato did not …

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Indonesia economy likely lost some steam in Q1: Reuters poll

2 May 2025

By Pranoy Krishna BENGALURU (Reuters) – Indonesia’s economic growth likely slowed modestly in the first quarter of the year as private consumption softened and weaker demand from China reduced exports, according to a Reuters poll of economists. Southeast Asia’s largest economy continues to see sluggish household spending, even after Bank Indonesia cut interest rates by …

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Japan Q1 GDP likely contracted on soft domestic demand, import surge: Reuters poll

2 May 2025

By Satoshi Sugiyama TOKYO (Reuters) – Japan’s economy probably contracted for the first time in a year in the first quarter, weighed down by softer domestic demand and imports outperforming exports, a Reuters poll showed, as U.S. President Donald Trump’s trade policies dim the growth outlook. Real gross domestic product (GDP) is forecast to have …

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Pakistan central bank likely to hold policy rate amid geopolitical tension, inflation concern: Reuters poll

2 May 2025

By Ariba Shahid KARACHI (Reuters) – The State Bank of Pakistan is set to hold its key interest rate at 12% on Monday, a Reuters poll showed, having paused a run of cuts at its last policy meeting to the surprise of market watchers due to geopolitical tension and outlook for inflation. The bank’s Monetary …

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Air India sees Pakistan airspace ban costing it $600 million over 12 months, seeks aid

2 May 2025

By Aditya Kalra, Abhijith Ganapavaram NEW DELHI (Reuters) -Air India expects to face around $600 million in additional costs if a ban from Pakistan’s airspace lasts for a year, and has asked the federal government to compensate it for the hit, a company letter seen by Reuters shows. Indian airlines are bracing for higher fuel …

Air India sees Pakistan airspace ban costing it $600 million over 12 months, seeks aid Read More »

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