Reuters Asia

By Stanley Widianto JAKARTA (Reuters) – Indonesia’s largest political party said it would support incoming president Prabowo Subianto, but it was unclear on Thursday whether it would formally join his already dominant coalition just days ahead of the inauguration ceremony. If Prabowo, who will take over the presidency on Sunday, can reach a deal with …

Indonesia’s Prabowo gets support from biggest party, but no coalition deal yet Read More »

SEOUL (Reuters) – A South Korean court ruled on Thursday that Seoul’s former police chief was not guilty of negligence in the response to a Halloween crowd crush in the capital’s Itaewon nightlife district that killed 159 revellers in 2022. The Seoul Western District Court said it acquitted Kim Kwang-ho, the highest-ranking police official indicted …

Former Seoul police chief found not guilty of negligence in Halloween crush Read More »

By Yimou Lee TAIPEI (Reuters) -China is building its capacity to rapidly turn military drills into a full-out attack, a senior Taiwan security official said, providing the Taipei government’s assessment of the strategic intent behind Beijing’s war games around the island this week. China, which views democratically governed Taiwan as its own territory, staged large-scale …

China building capacity to rapidly strike Taiwan, senior Taiwanese official says Read More »

OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau said on Wednesday India made “a horrific mistake” by thinking it could interfere as aggressively as it allegedly did in Canada’s sovereignty. Trudeau made the remark two days after Canada kicked out six Indian diplomats, linking them to the murder of a Sikh separatist leader in Canada …

India’s alleged interference in Canada was ‘horrific mistake,’ Trudeau says Read More »

By Tetsushi Kajimoto, Takaya Yamaguchi and Leika Kihara TOKYO (Reuters) – Japan’s top currency diplomat Masato Kanda said he was closely watching how central bank decisions, including an expected end to negative interest rates in Japan, affect markets as speculation over the events could trigger volatile asset moves. Kanda declined to comment on heightening market …

Japan’s top forex diplomat vigilant to market impact from BOJ stimulus exit Read More »

By Tetsushi Kajimoto, Takaya Yamaguchi and Leika Kihara TOKYO (Reuters) – Japan’s top currency diplomat Masato Kanda said he was closely watching how central bank decisions, including an expected end to negative interest rates in Japan, affect markets as speculation over the events could trigger volatile asset moves. Kanda declined to comment on heightening market …

Japan’s top forex diplomat vigilant to market impact from BOJ stimulus exit Read More »

By Vidya Ranganathan and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Dylan Run, a Shanghai-based finance sector executive, started moving a bit of his money into cryptocurrencies in early 2023, when he realized that the Chinese economy and its stock markets were going downhill. Crypto trading and mining has been banned in China since 2021. Run …

Analysis-Bruised by stock market, Chinese rush into banned bitcoin Read More »

By Vidya Ranganathan and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Dylan Run, a Shanghai-based finance sector executive, started moving a bit of his money into cryptocurrencies in early 2023, when he realized that the Chinese economy and its stock markets were going downhill. Crypto trading and mining has been banned in China since 2021. Run …

Analysis-Bruised by stock market, Chinese rush into banned bitcoin Read More »