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Vietnam PM says economy strong enough to cope with external shocks

HANOI (Reuters) -Vietnam’s economy is robust enough to withstand external shocks, Prime Minister Pham Minh Chinh said at a business conference on Monday. Chinh said that 8% growth this year was achievable. Last month, Chinh told parliament that the government was aiming for growth of 10% in 2026, despite the United States imposing a tariff …

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Japan’s Marubeni to invest in Australian critical minerals project

By Yuka Obayashi TOKYO (Reuters) -Japan’s Marubeni Corp will invest in a mineral sands project owned by Australia’s RZ Resources, it said on Monday, following in the footsteps of compatriot JX Advanced Metals, which struck a similar deal with RZ earlier this year. If the project’s feasibility is confirmed, Marubeni will contribute A$15 million ($9.75 …

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Thailand approves $3.1 billion of data centre investments

BANGKOK (Reuters) -Thailand on Monday approved four data centre projects worth $3.1 billion in investment as well as new measures to kickstart projects that have already been approved, the Board of Investment said.  The investments included an 84-megawatt (MW) data centre valued at 26.7 billion baht from Dubai’s DAMAC Digital and another hyperscale data centre …

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Takaichi flags looser fiscal goal, urges BOJ rate hike caution

By Leika Kihara TOKYO (Reuters) -Japanese Prime Minister Sanae Takaichi said on Monday she would work on setting a new fiscal target extending through several years to allow more flexible spending, essentially watering down the country’s commitment to fiscal consolidation. The new prime minister also renewed calls for the Bank of Japan to go slow …

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PetroChina’s Yunnan petrochemical unit overhaul to shut plant for two months

BEIJING (Reuters) -PetroChina Yunnan Petrochemical will shut its entire plant for major maintenance from November 15, 2025, to January 15, 2026, a two‑month outage, the company on Monday in a statement. The refinery has a crude capacity of 13 million metric tons per year and mainly produces China VI–standard gasoline, diesel, and jet fuel, serving …

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Petronas, Enilive, Euglena start construction of new biorefinery in Malaysia

(Reuters) -A joint venture between Malaysia’s Petronas, Italy’s Eni biofuel unit Enilive and Japan’s Euglena said on Monday it started building a new biorefinery in Malaysia to produce sustainable fuels for the Asian market. The plant is designed to process up to 650,000 tonnes of renewable feedstock per year, including waste materials such as used …

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KKR, TPG and Warburg Pincus to bid for Hong Kong-based Acclime in over $900mln deal, sources say

By Kane Wu and Yantoultra Ngui HONG KONG (Reuters) -Acclime, a Hong Kong-based advisory and corporate services firm, has selected a handful of bidders to submit binding offers for the company, in a deal that could value the firm at more than $900 million, three people with knowledge of the transaction said. KEY DETAILS * …

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China adjusts management of drug-related precursor chemicals

BEIJING (Reuters) -China will make adjustments to the catalogue of drug-related precursor chemicals and will require licenses for export of certain chemicals to the United States, Canada and Mexico, the country’s Commerce Ministry said on Monday. (Reporting by Antoni Slodkowski; Editing by Christian Schmollinger)

Subaru to review $10 billion electrification investment plan, targets annual cost savings

TOKYO (Reuters) -Subaru said on Monday it will review its previously planned 1.5 trillion yen ($9.95 billion) investment for electrification and aims to achieve 200 billion yen in annual cost savings by 2030 to offset U.S. import tariff impact. The Japanese automaker said it plans to reallocate part of the investment beyond battery electric vehicles …

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