Reuters Asia Business

Nissan to cut jobs at European regional office as part of global overhaul

14 Nov 2025

By Daniel Leussink and Gilles Guillaume TOKYO/PARIS (Reuters) -Nissan will eliminate 87 positions at its European regional office in France, a company document and internal emails showed, as part of CEO Ivan Espinosa’s global restructuring and turnaround plan that includes a 15% cut in headcount. The struggling Japanese automaker is working to streamline operations and …

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IMF sees Thai GDP growth at 1.6% in 2026

14 Nov 2025

BANGKOK (Reuters) -Thailand’s economic growth is projected to reach 2.1% this year and then slow to 1.6% in 2026 in the face of increasing economic headwinds, the International Monetary Fund said.  Economic conditions suggest there is room for further monetary easing, it said in a statement dated November 13, after a staff visit to Southeast Asia’s …

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Singapore Airlines CEO says not expecting major impact from Boeing 777-9 delay

14 Nov 2025

SINGAPORE (Reuters) -Singapore Airlines is not expecting a major impact from the delay in delivery of Boeing 777-9 planes, CEO Goh Choon Phong said on Friday. “SIA has always built in flex in our fleet plan. So in this case, even with the delay, we don’t expect it to have any major impact,” he said …

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Chinese battery material makers push for higher prices as cobalt rally hits supply chain

14 Nov 2025

By Dylan Duan and Lewis Jackson SHANGHAI/BEIJING (Reuters) -Suppliers to China’s electric-vehicle battery makers are pushing for higher prices for key cobalt-based materials, aided by a sharp rebound in cobalt and a tightening market for raw materials in batteries. Makers of nickel-manganese-cobalt (NCM) precursors, the feedstock used to produce cathodes for NCM batteries, which are …

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South Korea, U.S. agree on trade, security deal, nuclear subs, Lee says

14 Nov 2025

SEOUL (Reuters) -South Korean President Lee Jae Myung said on Friday South Korea and U.S. had finalised a joint fact sheet on agreements on trade and security issues after his summit with U.S. President Donald Trump last month. South Korea will be building nuclear-powered submarines and will be forming a new partnership with the U.S. …

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Thai economic growth likely slowed sharply in Q3 on weak consumption: Reuters poll

14 Nov 2025

By Rahul Trivedi BENGALURU (Reuters) -Thailand’s economic growth likely slowed sharply last quarter as weak household spending and ongoing domestic uncertainty offset gains from exports, a Reuters poll of economists showed. Weighed down by high debt and fragile confidence, private consumption – a key driver of economic growth – has taken a beating. Central bank …

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China’s Chuangxin Industries aims to raise up to $708 million in Hong Kong IPO

14 Nov 2025

(Reuters) -Chuangxin Industries Holdings plans to raise up to HK$5.5 billion ($708 million) through an initial public offering in Hong Kong, a filing showed on Friday, as it joins a growing wave of Chinese companies seeking capital in the city amid a revival in investor appetite. The China-based aluminum smelter aims to leverage strong industry …

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US FDA approves Kura-Kyowa’s blood cancer therapy

14 Nov 2025

By Kamal Choudhury and Christy Santhosh (Reuters) -The U.S. Food and Drug Administration on Thursday approved Kura Oncology and Japanese partner Kyowa Kirin’s once-daily pill, Komzifti, to treat a rare form of blood cancer that has returned or stopped responding to treatment. The drug is approved for acute myeloid leukemia patients with an NPM1 mutation, …

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Exclusive-China’s securities regulatory chief seeks approval to step down, sources say

13 Nov 2025

(Reuters) -China’s securities watchdog chief, Wu Qing, has sought approval to step down, sources with knowledge of the matter said, in what would be an abrupt and unexpected exit for a regulatory head brought in last year to stabilise the country’s stock markets. Wu, who was appointed the chairman of China Securities Regulatory Commission (CSRC) …

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