Equities

A trader works on the floor at the New York Stock Exchange. All three major U.S. indexes sank in morning trading.
Markets

Nasdaq, S&P 500 fall 3% each amid U.S. recession fears, Apple drop

Investors bett on aggressive Fed rate cuts; Wall Street 'fear gauge' spikes

6 August 2024
Japanese stocks have been in a downward spiral since Aug. 1, a day after the Bank of Japan aggressively raised interest rates to 0.25% from 0.1% and said it was open to more hikes this year. (Photo by Satoko Kawasaki)
Equities

Japan stocks dive 4,451 points, more than Black Monday in 1987

Yen surges to 141 per dollar as potential U.S. recession spooks investors

5 August 2024
The "Oracle of Omaha" remains a big Apple fan despite the stake cut, reflecting the iPhone maker's strong pricing power and committed customer base.
Companies

Warren Buffett's Berkshire halves Apple stake, boosts cash to $277bn

Stock sale comes even as conglomerate posts a record quarterly operating profit

4 August 2024
U.S. stocks fell sharply during the day on Aug. 2 following the release of weaker-than-expected jobs data.
Economy

Dow drops 600 on weak jobs data as global sell-off whips back to Wall Street

Investors worry U.S. economy is slowing under high interest rates

3 August 2024
Chip-related stocks took a beating in Tokyo on Aug. 2, while financial stocks also felt some pain. (Photo by Yutaka Miyaguchi)
Equities

Japan stocks take largest dive since Black Monday of 1987

Nikkei average tumbles to lowest close since January; Taiex and Kospi also skid

2 August 2024
Wall Street is counting down to a big U.S. jobs report on Aug. 2.
Markets

Stocks sell off as U.S. data sparks worry and yields plunge

Financials in Europe see biggest single-day drop since March 2023

2 August 2024
Services benefiting from inbound spending also took a blow. Department store operator Isetan Mitsukoshi Holdings dropped 11.7%. (Photo by Satoko Kawasaki)
Equities

Japan's Nikkei average drops 3.5% as yen jumps to 148 per dollar

BOJ governor's hawkish posture weighs on stocks of exporters like auto companies

1 August 2024
The Bangkok headquarters of CP All, one of the companies whose shares have benefited from announcements related to the government's digital wallet initiative.
Equities

Thailand's top stocks reap gains on digital wallet rollout

Food retailers, convenience stores and lenders among main beneficiaries

1 August 2024
Chip stocks lead a U.S. rally following reports of foreign chip equipment export restrictions will exempt Washington's allies.
1 August 2024
Warren Buffett-led Berkshire Hathaway has drawn down its stake in BYD to less than 5%.
Equities

China EV price wars weigh on BYD, Japan automaker stocks

Chinese subsidies, improved quality add to headwinds faced by Nissan, Honda

1 August 2024
The BOJ's monetary policy decision on July 31 sent the Japanese yen to a high it had not touched since mid-March. (Photo by Nanami Sato)
Currencies

Yen jumps on BOJ chief's hawkish stance

Kazuo Ueda remains open to further rate hikes, pending economic growth and inflation

31 July 2024
Plaza 66, located on the ritzy Nanjing Road in downtown Shanghai, is the major breadwinner for Hong Kong's Hang Lung Properties but has suffered from changing consumer behavior.
Property

Hong Kong developer Hang Lung's shares sink 15% after profit cut

Revenue decline at high-end mainland shopping malls 'worse than expected'

30 July 2024
TDK shares rose sharply after the company announced a new material for all-solid-state batteries with improved energy density. (TDK)
Equities

AI, solid-state-battery hopes power up TDK's stock price

Japanese company holds roughly 40% global market share in mobile phone batteries

30 July 2024
Though money has been flowing out of Chinese equities, Sumitomo Mitsui DS Asset Management anticipates growth over the long term.
Finance

Japan's Sumitomo Mitsui DS to launch first Chinese private fund

Stock-focused trust targets local investors in anticipation of long-term growth

30 July 2024
Nissan Motor has struggled in China, where it sells the Venucia brand. Meanwhile, Renault has entered into a new partnership with Chinese automaker Geely. (Source photos by Nikkei and Reuters)
Automobiles

Nissan falls behind Renault in market cap a year after equal alliance

Japanese carmaker blindsided by woes in American and Chinese markets

27 July 2024
A Hyundai showroom in Mumbai in 2022. The company's sales and service network covers hundreds of Indian cities. 
Business Spotlight

Hyundai celebrates Indian success with plan for largest IPO

South Korean carmaker under pressure from Chinese rivals to raise its game in EVs

26 July 2024
After hitting all-time highs earlier in the month, the benchmark Nikkei Stock Average and the broader Topix index have declined for more than two weeks. (Photo by Yutaka Miyaguchi)
Equities

Japan's Nikkei average dives 3.3% as pro investors sell shares

Weak yen darkening investors' outlook on Japanese stocks

25 July 2024
Kobayashi Pharmaceutical is grappling with a scandal surrounding a red yeast supplement suspected of being linked to more than 80 deaths. (Photo by Koji Uema)
Pharmaceuticals

Activist investor Oasis buys 5% stake in scandal-hit Kobayashi Pharma

Hong Kong fund becomes 4th-largest shareholder in Japanese drugmaker

25 July 2024
Japan's stock market hit a record high in February and has since gone higher after a 34-year wait.
Opinion

Japan's corporate governance reforms show way for China, South Korea

But oversight remains an area of weakness compared to Europe and the U.S.

23 July 2024
Companies hold around 10% of Japanese stocks, less than one-fifth as much as in the bubble era, according to the Nomura Institute of Capital Markets Research. (Photo by Yuki Kohara)
Equities

Japan Inc. speeds unwinding of cross-held shares amid rally

Planned consolidation of Topix based on free float encourages stock sales

23 July 2024
Round One opened its first U.S. arcade-only location earlier this year in Las Vegas. (Round One)
Media & Entertainment

Japan's Round1 arcade operator doubles down on U.S. growth

Expansion to quadruple locations, spurred by popularity of claw machines

20 July 2024
Chinese President Xi Jinping, center, and other top officials lead the third plenary session of the 20th Communist Party of China Central Committee, held from July 15 to 18 in Beijing. (Xie Huanchi/Xinhua via AP)
Markets

China plenum met with falling Hong Kong stocks, mixed mainland shares

Key policy meeting receives lukewarm response as some rue 'missed opportunity'

19 July 2024
The yen's appreciation follows recent likely BOJ interventions to save the currency, which had been dipping past 160. (Photo by Nanami Sato)
Currencies

Yen climbs to 155 per dollar, a five-week high, following U.S. pressure

Comments by Trump on Taiwan, Fed on rates drive up yen; exporters, chip stocks fall

18 July 2024
Energy Absolute, a leader in Thailand's renewable energy market, also makes electric vehicles for public transportation, lithium-ion batteries, and builds charging stations. (Photo by Adryel Talamantes)
Equities

Thai green energy producer shares halve after fraud allegation

Regulators say Energy Absolute CEO, CFO committed $94.5m fraud

17 July 2024
Chinese investors now can put money into exchange-traded funds that track top Saudi Arabian companies such as oil giant Saudi Aramco. 
Markets

Saudi ETFs surge in China debut as financial ties deepen

Funds touch upper limit on first day of trading in Shanghai, Shenzhen

16 July 2024