Reuters Asia Business

Indonesian state-owned fund eyes overseas AI infrastructure opportunities, official says

24 Nov 2025

By Stefanno Sulaiman JAKARTA (Reuters) -Indonesia’s social security fund is keen to invest in firms that provide infrastructure for artificial intelligence, if it wins government approval for overseas investments, a director told Reuters. One of Indonesia’s biggest institutional investors, the fund awaits regulatory approval for its bid to expand beyond limited domestic opportunities, Edwin Ridwan, …

Indonesian state-owned fund eyes overseas AI infrastructure opportunities, official says Read More »

China’s Unipec agrees to jet fuel term supply deal with Lufthansa

24 Nov 2025

SINGAPORE (Reuters) -China’s state oil trader Unipec, a vehicle of refining giant Sinopec Corp, has signed a term deal to supply about 60,000 metric tons of jet fuel to Lufthansa annually, Sinopec said on Monday. The supplies will feed Lufthansa’s supply chains at airports in Belgium and Germany, Sinopec said in its inhouse newspaper. Unipec’s …

China’s Unipec agrees to jet fuel term supply deal with Lufthansa Read More »

How the Nexperia chip crisis upended auto supply chains – again

24 Nov 2025

(Corrects venue of Trump-Xi meeting in paragraph 21 to Busan, not Seoul) By Reuters staff DONGGUAN, China (Reuters) -A factory next to a weed-ridden lot in China’s industrial south has become a global choke point for automotive chips, upending a sector that just a few years ago swore it wouldn’t be caught again by supply-chain …

How the Nexperia chip crisis upended auto supply chains – again Read More »

Analysis-Shein’s first bricks-and-mortar shop highlights department stores’ existential pain

24 Nov 2025

By Alessandro Parodi, Helen Reid and Mimosa Spencer PARIS (Reuters) -Shein’s move into the flagship BHV in Paris has added political heat to the troubles of department stores, which are facing an existential threat from shoppers’ shift to online retailers offering ultra-fast fashion. The Chinese budget retailer opened its first bricks-and-mortar shop in the BHV …

Analysis-Shein’s first bricks-and-mortar shop highlights department stores’ existential pain Read More »

Hong Kong leader backs China’s policy on Japan in first remarks on dispute

24 Nov 2025

HONG KONG (Reuters) -Hong Kong’s leader John Lee said on Monday his government supported China’s diplomatic policy towards Japan and the financial hub would closely monitor the situation and respond appropriately. The comments are the first time a Hong Kong official has publicly weighed in on a dispute that has roiled China-Japan ties for more …

Hong Kong leader backs China’s policy on Japan in first remarks on dispute Read More »

Singapore core inflation at 1.2% y/y in October, higher than expected

24 Nov 2025

SINGAPORE (Reuters) -Singapore’s key consumer price gauge rose 1.2% in October from a year earlier, official data showed on Monday. The core inflation rate, which excludes private road transport and accommodation costs, was higher than the median forecast of 0.7% in a Reuters poll of economists, and compares to a 0.4% reading in September. Headline …

Singapore core inflation at 1.2% y/y in October, higher than expected Read More »

Indonesia’s GoTo nominates Hans Patuwo as new CEO after Walujo resigns

24 Nov 2025

JAKARTA (Reuters) -Indonesian ride-hailing firm GoTo said on Monday that Chief Executive Officer Patrick Walujo was stepping down and the board had nominated Chief Operating Officer Hans Patuwo as his successor. Walujo’s resignation comes as talks of a possible merger between GoTo and Singapore-based rival Grab have heated up, with the Indonesian government discussing it …

Indonesia’s GoTo nominates Hans Patuwo as new CEO after Walujo resigns Read More »

Malaysia says it plans to ban social media for under-16s from 2026

24 Nov 2025

KUALA LUMPUR (Reuters) -Malaysia plans to ban social media for users under the age of 16 starting from next year, joining a growing list of countries choosing to limit access to digital platforms due to concerns about child safety.  Communications Minister Fahmi Fadzil said on Sunday the government was reviewing mechanisms used to impose age restrictions …

Malaysia says it plans to ban social media for under-16s from 2026 Read More »

Surging Chinese imports of Indonesia oil point to rebranded Iranian crude, traders say

24 Nov 2025

(Reuters) -China is importing unusually large quantities of crude oil from Indonesia, a trend traders say is a way to mask shipments of sanctioned Iranian crude trans-shipped in waters off Malaysia amid greater scrutiny of cargoes originating from Malaysia. Declaring Iranian oil as Malaysian has long been a tactic of traders selling to China, the …

Surging Chinese imports of Indonesia oil point to rebranded Iranian crude, traders say Read More »

South Korea sees room for cooperation with Taiwan on US chip tariffs, trade minister says

24 Nov 2025

SEOUL (Reuters) -South Korea sees room for cooperation with Taiwan on U.S. President Donald Trump’s tariffs on chips, the country’s trade minister said on Monday. “Taiwan is also in negotiations, so there is room for South Korea and Taiwan to get the most favourable treatment through cooperation,” Minister for Trade Yeo Han-koo said in a …

South Korea sees room for cooperation with Taiwan on US chip tariffs, trade minister says Read More »

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