Reuters Asia Business

KUALA LUMPUR (Reuters) – Malaysian state energy firm Petroliam Nasional Berhad (Petronas) said on Tuesday it had launched the Malaysia Bid Round 2025 with offers of exploration blocks in Peninsular Malaysia and Sabah. The offer, through Malaysia Petroleum Management (MPM), includes five exploration blocks in the Malay and Penyu Basins, offshore Peninsular Malaysia, and the …

Malaysia’s Petronas launches 2025 bid round for exploration blocks Read More »

SEOUL (Reuters) – South Korea acting President Choi Sang-mok on Tuesday said the government plans to roll out a record 360 trillion won ($249.3 billion) worth of trade policy financing to aid exporters facing intensifying headwinds from U.S. tariff policies. “From now on, we will be making all-out efforts. The fortunes of each country will …

South Korea plans record $249 billion trade policy financing to aid exporters Read More »

SEOUL (Reuters) – Samsung Electronics has decided to cancel 3.05 trillion won ($2.11 billion) worth of its own shares that it had acquired previously, the company said in a regulatory filing.  Samsung also said in a separate regulatory filing it would acquire 2.7 trillion won worth of its own common shares, and 304 billion won …

Samsung Electronics to cancel $2.11 billion worth of own shares Read More »

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets.  There’s no shortage of market-moving news in Asia on Tuesday, with an Australian interest rate decision, China’s tech boom and sizzling Japanese GDP figures front and center for investors, against a backdrop of unfolding geopolitical drama around U.S.-Europe relations and the …

Morning Bid: RBA poised, China tech booms, Japan GDP sizzles Read More »

By Panarat Thepgumpanat and Chayut Setboonsarng BANGKOK (Reuters) – Thailand has proposed tough entry requirements for local punters in casinos as it plans to build a major gaming industry to boost tourism, new draft regulation released on Monday showed, which could potentially dent investor interest.  Thai nationals must have at least 50 million baht ($1.5 …

Thailand proposes tough safeguards for local gamblers in casino plan Read More »

By Summer Zhen and Jiaxing Li HONG KONG (Reuters) – China’s apparent breakthrough in AI and rapprochement with tech giants has sent Hong Kong stocks and internet giants soaring, but the buyers behind it are flighty and brokers say global investors are wary of big bets while markets swing wildly. Hong Kong’s Hang Seng has …

Analysis-China’s tech rally rests on ‘hot money’ Read More »