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3 Hikers Dead After Volcano Erupts in Indonesia

Indonesian authorities said other climbers had safely evacuated Mount Dukono, which had been off-limits because of volcanic activity. By John Yoon and Muktita Suhartono At least three hikers were ...

REUTERS 2022-02-23T08:12:13+00:00

Indian rupee leads gains among Asian FX on weak oil prices

Most Asian currencies advanced on Wednesday as markets remained on edge over the deepening Ukraine crisis and looming U.S. rate hikes in March, with the Indian rupee leading the pack on weaker oil prices.

REUTERS 2025-02-13T22:07:05+00:00

Brazil nixes BRICS currency, eyes less reliance on 'mighty' dollar

Brazil's BRICS presidency this year will not advance a common currency for the group of major developing economies this year, four government officials said, but its agenda may pave the way for less reliance on the U.S. dollar in global trade.

REUTERS 2021-11-01T07:08:56+00:00

Election surprise lifts Nikkei, Fed keeps dollar bid

Asian stocks wavered on Monday, with Japanese companies catching a post-election boost but weak Chinese data weighing on the broader mood ahead of policy meetings in the United States, Britain and Australia that are set to define the rates outlook.

REUTERS 2023-08-29T12:14:59+00:00

UBS inherits tricky wealth legacy in Asia

UBS CEO Sergio Ermotti is facing an Asian wealth bonanza after acquiring Credit Suisse, which has been particularly strong in Indonesia and neighbouring countries. The Swiss executive will however have to tread carefully as he integrates a damaged business that thrived on serving risk-taking entrepreneurial customers.

REUTERS 2025-04-01T22:29:08+00:00

US agricultural exports/imports threatened by Trump trade actions

U.S. President Donald Trump is expected on Wednesday to announce 20% tariffs on most goods imported to the United States after previously slapping steep duties on autos, steel and aluminum and on goods from China, Mexico and Canada.

REUTERS 2025-12-01T11:04:40+00:00

Thailand floods hit PM Anutin's popularity ahead of snap polls

Thailand’s Prime Minister Anutin Charnvirakul is facing mounting criticism over his government’s slow response to deadly floods in the south, threatening to derail his party’s ambitions ahead of a snap election.

REUTERS 2025-09-10T00:00:00+00:00

Respected Indonesian finance minister got an hour's notice of sacking, sources say

Indonesia's Finance Minister Sri Mulyani Indrawati was chairing a meeting with top ministry officials when she received a call from President Prabowo Subianto's office informing her she would be replaced within an hour, two sources said, underscoring the abruptness of the longtime finance czar's sacking.

REUTERS 2022-02-28T07:58:49+00:00

China's mRNA COVID vaccine candidates

China has spent over a year developing Pfizer-type COVID-19 vaccines that may even help it pivot from stringent "zero-COVID" restrictions, but a changed market and the Omicron variant have muddied prospects before efficacy data has even been published.

REUTERS 2022-02-15T04:10:17+00:00

Yuan wobbles revive worries about Asia's vulnerabilities

The Chinese yuan's recoil from a near four-year high has raised market nerves that a recent period of stability is ending, which could leave regional peers exposed especially as U.S. interest rates start to rise.

REUTERS 2023-11-20T09:43:27+00:00

In Beijing, Arab and Muslim ministers urge end to Gaza war

Arab and Muslim ministers called on Monday for an immediate ceasefire in Gaza, as their delegation visited Beijing on the first leg of a tour to push for an end to hostilities and to allow humanitarian aid into the devastated Palestinian enclave.

REUTERS 2025-05-21T00:59:52+00:00

China's CMOC calls on Congo to lift cobalt export ban, sources say

China's CMOC Group , the world's top cobalt mining company, called on Democratic Republic of Congo last week to lift a ban on exports of the battery metal, which is currently due to expire next month, three sources told Reuters.