Reuters Asia Business

Japan finance minister says weak yen’s disadvantages more pronounced than advantages

TOKYO (Reuters) -Japanese Finance Minister Satsuki Katayama said on Wednesday she would not deny that the negative aspects of the weak yen on the economy have become more pronounced than the positive ones. “Recently, we have been seeing one-sided and rapid movements in the foreign exchange market,” Katayama told parliament. The government is closely monitoring …

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Indonesia central bank sees GDP growth at 5.33% in 2026

JAKARTA (Reuters) -Indonesia’s central bank expects economic growth of 5.33% next year, and if fiscal spending can be accelerated then growth could reach the government’s target of 5.4%, Governor Perry Warjiyo said on Wednesday. Annual headline inflation for 2026 was seen at 2.62%, while the rupiah was seen trading at an average of 16,430 per …

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China hopes Germany can urge Dutch government to revoke Nexperia seizure

(Corrects to surname of Chinese commerce minister on second reference, rather than first name, in paragraph 9) By Eduardo Baptista BEIJING (Reuters) -China hopes Germany will urge the Dutch government to revoke its seizure of chipmaker Nexperia, Chinese Commerce Minister Wang Wentao said on Tuesday during a call with his German counterpart. Chinese-owned, Netherlands-based Nexperia, …

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Vietnam eyes tariff deal soon, as US seeks to cut huge trade deficit

By Khanh Vu and Francesco Guarascio HANOI (Reuters) – Vietnam is working to sign a trade agreement with the United States soon, Deputy Prime Minister Bui Thanh Son said on Wednesday, as a new round of negotiations gets underway in Washington.  In October, the two countries agreed to finalise a trade deal within weeks that …

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Venture Global inks 20-year LNG supply deal with Japan’s Mitsui

(Reuters) -Venture Global said on Tuesday it signed a long-term agreement with Japanese trading house Mitsui to supply 1.0 million tonnes per annum of liquefied natural gas (LNG). Japan, the second-largest LNG importer after China, is seeking stable and flexible energy supplies to support a growing buildout of data centers. Those facilities are forecast to …

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China to step up policy support for private investment in energy sector

BEIJING (Reuters) -China plans to ramp up policy support to attract more private capital to the energy sector, a government official said on Tuesday, the latest initiative to improve sluggish private investment. China’s cabinet unveiled new policy measures on Monday involving private capital investments in infrastructure projects and the low-altitude economy, referring to manned or …

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Trump’s deal with South Korea bogged down in details over submarine

By Heejin Kim and Jihoon Lee SEOUL (Reuters) -Two weeks after U.S. President Donald Trump and South Korea’s Lee Jae Myung met and announced they had resolved months of negotiations over tariffs and security issues, the two sides have yet to release any agreement on paper. South Korean officials say the delay appears to centre on …

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Toyota’s buyout of group firm faces new obstacle after Elliott takes stake

By Daniel Leussink TOKYO (Reuters) -Toyota Motor’s planned buyout of group firm Toyota Industries is set to face more hurdles after activist investor Elliott Investment Management said it had bought a significant stake in the forklift manufacturer. Elliott said in a statement that the proposed deal undervalued the company, lacked transparency and fell short of proper …

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