Reuters Asia Business

Singapore’s GIC invests additional $150 million in India’s TPG-backed Asia Healthcare

(Reuters) – Singapore’s sovereign wealth fund GIC will invest an additional $150 million into India-based Asia Healthcare Holdings, the companies said on Wednesday. This follows GIC’s initial investment of $170 million into the U.S. private equity TPG-backed single specialty hospital investment firm in February 2022. “As a long-term investor, we are confident in India’s single …

Singapore’s GIC invests additional $150 million in India’s TPG-backed Asia Healthcare Read More »

Thai industrial sentiment hits 8-month high in November on better tourism, exports

BANGKOK (Reuters) – The Thai industrial sentiment index rose for a second consecutive month in November, reaching its highest level in eight months on stronger exports and tourism, the Federation of Thai Industries said on Wednesday. The FTI’s industrial sentiment index increased to 91.4 in November from 89.1 in October. Tourism and exports are key …

Thai industrial sentiment hits 8-month high in November on better tourism, exports Read More »

Indonesia’s higher biodiesel mandate rollout may be gradual, industry watchers say

By Bernadette Christina JAKARTA (Reuters) – Indonesia’s plan to expand its biodiesel mandate from Jan. 1, which has fuelled concerns it could curb global palm oil supplies, looks increasingly likely to be implemented gradually, analysts said, as industry participants seek a phase-in period. Indonesia, the world’s biggest producer and exporter of palm oil, plans to …

Indonesia’s higher biodiesel mandate rollout may be gradual, industry watchers say Read More »

Vietnam seeks to boost domestic defence industry as it hosts arms fair

By Francesco Guarascio and Khanh Vu HANOI (Reuters) – Vietnam will showcase locally made weapons at an international arms fair in Hanoi on Thursday, as it seeks to boost its domestic industry and possibly export military equipment. Among the nearly 250 exhibitors will be top defence companies, including from the United States, Europe, Turkey and …

Vietnam seeks to boost domestic defence industry as it hosts arms fair Read More »

Japan’s exports rise faster than expected, helped by weaker yen

By Makiko Yamazaki TOKYO (Reuters) -Japan’s exports rose faster than expected in November, data showed on Wednesday, helped by a weaker yen and solid global demand although businesses worry protectionist U.S. trade policies will undermine future growth. Total exports rose 3.8% year-on-year in November, more than a median market forecast for a 2.8% increase and …

Japan’s exports rise faster than expected, helped by weaker yen Read More »

Nomura securities unit fined by JSDA for JGB futures transactions

TOKYO (Reuters) – Nomura Holdings said on Wednesday that the Japan Securities Dealers Association has fined its securities unit 30 million yen ($195,198) for Japanese government bond futures transactions conducted in March 2021. Japan’s Financial Services Agency in October issued an administrative monetary penalty of 21.76 million yen against the company for the transactions. ($1 …

Nomura securities unit fined by JSDA for JGB futures transactions Read More »

Top creditor China has not approved any loans to Cambodia so far this year, data shows

(Reuters) -China has not approved any new loans to Cambodia in the first nine months of 2024, Cambodian finance ministry data shows, even though it has been Cambodia’s top creditor country in recent years. The collapse in funding may signal China’s more cautious approach to investment in Cambodia after a series of so-far unsuccessful infrastructure …

Top creditor China has not approved any loans to Cambodia so far this year, data shows Read More »

US trade tribunal finds Lenovo smartphones infringe Ericsson patents

By Blake Brittain The U.S. International Trade Commission said on Tuesday that smartphones made by Lenovo’s Motorola Mobility infringe patents owned by Ericsson, which could lead to a ban on U.S. imports of the phones if the decision is upheld. An ITC judge said in an initial ruling that the smartphones violate Ericsson’s patent rights …

US trade tribunal finds Lenovo smartphones infringe Ericsson patents Read More »

Exclusive-Trump transition team plans sweeping rollback of Biden EV, emissions policies

By Jarrett Renshaw and Chris Kirkham (Reuters) -Incoming U.S. President Donald Trump’s transition team is recommending sweeping changes to cut off support for electric vehicles and charging stations and to strengthen measures blocking cars, components and battery materials from China, according to a document seen by Reuters. The recommendations, which have not been previously reported, …

Exclusive-Trump transition team plans sweeping rollback of Biden EV, emissions policies Read More »

Close Bitnami banner
Bitnami