Reuters Asia Business

JAKARTA (Reuters) – The United States’ decision to pull out of the Just Energy Transition Partnership, an energy transition funding commitment by developed countries, will not impact the other partners’ commitment to it, a senior Indonesian minister said on Monday. JETP, a financing commitment from rich nations and global lenders to help poorer nations adopt …

Indonesia minister says others won’t follow U.S. exit from JETP energy transition funding Read More »

(Reuters) – Indian automaker Mahindra & Mahindra is in talks to buy Japan’s Sumitomo Corp’s entire 44% stake in heavy vehicle-maker SML Isuzu, CNBC Awaaz reported on Monday, citing sources. Mahindra is considering offering the Japanese trading firm 1,400 rupees to 1,500 rupees per share, according to the report, which will value SML Isuzu at …

Indian automaker Mahindra in talks to buy Sumitomo’s stake in SML Isuzu, CNBC Awaaz reports Read More »

By Bing Hong Lok SINGAPORE (Reuters) – Singapore’s annual core inflation rate eased to 0.6% in February, data showed on Monday, and an analyst said the lowest reading in nearly four years meant an easing was possible at the central bank’s policy review next month. The core inflation rate, which excludes private road transport and …

Singapore core inflation rate at the lowest in nearly four years in February Read More »

KUALA LUMPUR (Reuters) – Malaysia must still pursue long-term structural reforms to achieve high-income status despite the near-term risks of a global trade war and an escalation of geopolitical tensions, the central bank said on Monday. Bank Negara Malaysia maintained its 2025 growth forecast at 4.5% to 5.5% despite the external risks, saying in documents released …

Malaysia must focus on reforms even as trade risks rise, central bank says  Read More »

By Scott Murdoch SYDNEY (Reuters) – Global investors are increasingly re-rating mainland China’s stock markets after two years of sitting on the sidelines, which bankers said will help drive renewed activity in a market where equity issuance doubled in January-March versus a year earlier. Easing government scrutiny of technology majors and the emergence of disruptive …

China equity issuance doubles as tech race draws back global investors Read More »

By Melanie Burton and Divya Rajagopal MELBOURNE (Reuters) – Australia’s bourse is set for a record number of secondary listings this year from mine developers enticed by the country’s pension wealth, regulation and a jurisdiction less exposed to U.S President Donald Trump’s trade wars, industry sources said.   The Australian Securities Exchange (ASX) is growing its …

Analysis-Australia digs in as top destination for mining listings Read More »

By Makiko Yamazaki TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said on Monday the central bank will continue to raise interest rates if its underlying inflation target is likely to be achieved, despite potential losses on its government bond holdings. “We have said that we will continue adjusting the degree of monetary easing …

BOJ says to raise rates if price target to be achieved, despite losses on JGBs Read More »