Reuters Asia Business

Japan’s MS&AD Insurance to buy 18% of Barings for $1.44 billion, Nikkei says

17 Nov 2025

TOKYO (Reuters) -Japan’s MS&AD Insurance will acquire an 18% stake in U.S. asset manager Barings for $1.44 billion from parent company MassMutual, the Nikkei business daily reported on Monday. With the investment, the Japanese insurer aims to strengthen its management of unlisted assets expected to yield high returns, the paper said. Baring reports investment returns …

Japan’s MS&AD Insurance to buy 18% of Barings for $1.44 billion, Nikkei says Read More »

Cash vouchers for newlyweds as China tries to boost marriages

17 Nov 2025

HONG KONG (Reuters) -The eastern Chinese city of Ningbo will issue marriage consumption vouchers for couples who register their marriage between October 28 and December 31, as authorities ramp up efforts to encourage young couples to wed and have children. Marriages in China plummeted by a fifth last year, the biggest drop on record. Declining …

Cash vouchers for newlyweds as China tries to boost marriages Read More »

German finance minister lands in Beijing as trade gulf widens, supply chains wobble

17 Nov 2025

(Refiles to change dateline) By Maria Martinez BEIJING (Reuters) -Germany’s finance minister became the first representative of the new coalition government to visit China on Monday, with Berlin under pressure to show it has a handle on China policy as a record trade gap widens and supply chains wobble. Lars Klingbeil’s arrival in Beijing comes …

German finance minister lands in Beijing as trade gulf widens, supply chains wobble Read More »

Thailand’s economy expected to grow above 2% this year, finance minister says

17 Nov 2025

BANGKOK (Reuters) -Thailand’s economy is expected to grow over 2% this year, Finance Minister Ekniti Nitithanprapas said on Monday.  Fourth quarter growth should exceed 0.6% annually, he said.  (Reporting by Kitiphong Thaichareon, Orathai Sriring, Thanadech Staporncharnchai and Chayut Setboonsarng; Editing by Martin Petty)

Indonesia plans to impose tax on gold exports in 2026, official says

17 Nov 2025

(Corrects the phrase ‘gold ore’ to ‘gold dore’ in paragraph 3, and adds definition of the term) JAKARTA (Reuters) -Indonesia is finalising a plan to charge an export tax of between 7.5% and 15% on shipments of gold products, which will be implemented sometime next year, a senior finance ministry official said on Monday. The …

Indonesia plans to impose tax on gold exports in 2026, official says Read More »

Yum China lays out aggressive store expansion plans for KFC, Pizza Hut

17 Nov 2025

SHANGHAI (Reuters) -Yum China Holdings, the parent company of KFC and Pizza Hut in China, said at its investor day in Shenzhen on Monday that it would continue to aggressively open stores and improve profitability in the coming years. By 2028, KFC aims to increase its total store count in China by one-third to over …

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Japan’s tourism shares slump as diplomatic rift with China worsens

17 Nov 2025

By Rocky Swift and Gregor Stuart Hunter TOKYO (Reuters) -Tourism-related Japanese stocks plunged on Monday after China warned its citizens against travel to its North Asian neighbour following a widening diplomatic rift over Taiwan. Isetan Mitsukoshi, a department store operator with substantial sales to Chinese visitors, sank 10.7%, poised for its biggest drop in more …

Japan’s tourism shares slump as diplomatic rift with China worsens Read More »

Japan’s economy contracts for first time in six quarters on tariff hit

17 Nov 2025

By Makiko Yamazaki and Satoshi Sugiyama TOKYO (Reuters) -Japan’s economy shrank almost 2% in the three months through September, as a drop in exports in the face of U.S. tariffs resulted in the first contraction in six quarters, government data showed on Monday. Shipments from automakers in particular plummeted, following a period of hiking exports …

Japan’s economy contracts for first time in six quarters on tariff hit Read More »

Hyundai Motor announces $86 billion investment in South Korea after US trade deal

17 Nov 2025

(Corrects research and development plan to 38.5 trillion won in paragraph 6, not 48.4 trillion) SEOUL (Reuters) -Hyundai Motor Group will invest 125.2 trillion won ($86.47 billion) in South Korea from 2026 to 2030, the automaker said on Sunday after Seoul finalised a trade deal reducing U.S. tariffs on South Korean autos to 15% from …

Hyundai Motor announces $86 billion investment in South Korea after US trade deal Read More »

Chandra Asri gets $750 million from KKR to buy Exxon’s Singapore fuel stations

17 Nov 2025

(Reuters) -Indonesia’s Chandra Asri Pacific said on Monday it has secured a bespoke $750 million financing package from investment firm KKR to support its purchase of ExxonMobil’s Esso-branded retail fuel station network in Singapore. Late October, the Indonesian conglomerate said it planned to retain the Esso branding, continue sourcing fuel from ExxonMobil, and integrate the …

Chandra Asri gets $750 million from KKR to buy Exxon’s Singapore fuel stations Read More »

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