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BENGALURU (Reuters) -India’s manufacturing activity gained momentum in October as domestic demand strengthened, offsetting a slowdown in export growth, although business optimism slipped from a seven-month high, a business survey showed on Monday. The HSBC India Manufacturing Purchasing Managers’ Index, compiled by S&P Global, rose to 59.2 in October from 57.7 in September, higher than a preliminary estimate of 58.4. The 50.0 mark separates expansion from contraction on a monthly basis.

By Gopal Sharma KATHMANDU (Reuters) -The Supreme Court in Nepal has ordered a halt to the recall of nearly a dozen ambassadors, a lawyer said on Monday, in a setback for Prime Minister Sushila Karki and her interim government.

JAKARTA (Reuters) -Indonesia recorded a trade surplus of $4.34 billion in September, official data showed on Monday, lower than the $4.79 billion forecast by economists in a Reuters poll, as both exports and imports came in above market expectations Imports rose by 7.17% from a year earlier to $20.34 billion in September, beating economists’ expectations of a 1% rise, and exports rose 11.41% to $24.68 billion in September, stronger than an expected 7.72% increase.

By Selena Li and Kane Wu HONG KONG (Reuters) -Hong Kong will ease rules to promote virtual asset trading liquidity as part of the city’s push to become a major fintech and digital asset hub, government officials said on Monday.

(Reuters) -Asia’s big manufacturing hubs struggled to fire up in October, business surveys showed on Monday, as weak U.S. demand and tariffs under President Donald Trump hit factory orders across the region. While Trump’s visit to Asia last week led to some progress in trade negotiations with large manufacturing economies such as China and South Korea, exporters continue to be cautious about U.S. demand.

BEIJING (Reuters) -China has expelled two former senior government officials from the Communist Party for serious violations of discipline and law, the country’s top anti-graft watchdog said on Monday. The actions targeted Wang Jianjun, former vice chairman of the China Securities Regulatory Commission, and Xu Xianping, former vice director of the National Development and Reform Commission, the Central Commission for Discipline Inspection said in two separate statements.

By Simon Jessop and Katy Daigle SAO PAULO (Reuters) -Brazil on Monday opens three weeks of events linked to the COP30 climate summit, hoping to showcase a world still determined to tackle global warming. That may be tough in a year marked by economic upheaval and cancelled U.S. commitments.

(Reuters) -Russian Prime Minister Mikhail Mishustin on Monday departed for a two-day visit to China, with planned talks with President Xi Jinping and Premier Li Qiang expected to centre on economic and technological cooperation despite pressure from the West. Mishustin is scheduled for a regular heads-of-government meeting with Li in the city of Hangzhou on Monday, and will travel to Beijing on Tuesday for talks with Xi, TASS agency reported, citing the Russian government’s press service.

KUALA LUMPUR (Reuters) -Malaysian Prime Minister Anwar Ibrahim said the development of a 600 million ringgit ($142 million) super magnet manufacturing facility in the state of Pahang will strengthen the nation’s rare earth sector, state media reported. In July, Australia’s Lynas Rare Earths and South Korea’s JS Link signed a deal to develop a 3,000-tonne neodymium magnet manufacturing facility near Lynas’ advanced materials plant in Malaysia’s Kuantan district.

By Joe Cash BEIJING (Reuters) -The Pakistan Navy expects its first Chinese-designed submarine to enter active service next year, the country’s top admiral told Chinese state media, bolstering Beijing’s bid to counter regional rival India and project power toward the Middle East.