Alternative investments take place in less liquid private markets than those in publicly traded assets such as equities. (Photo by Mizuho Miyazaki)
Finance

Alternative investors shifting assets into Japan, India: Preqin

Overall fundraising in Asia drops to 10-year low on China concerns

31 July 2024
Asia Standard Hotel Group, which runs hotels under the Empire brand, has revealed the financial impact of exposure to Evergrande bonds. (Source photos by Reuters and Kenji Kawase)
China debt crunch

Hong Kong hotel operator reveals investment losses from Evergrande bonds

Asia Standard's developer-dominated portfolio hit by two winding-up orders

31 July 2024
By establishing a family offices hub, Indonesian President Joko Widodo aspires to transform the resort island of Bali into a financial magnet akin to Singapore.
Opinion

Indonesia's bid to create family office hub in Bali is a tough ask

Emulating Singapore's gold standard requires investment and strategic reforms

31 July 2024
The company's factory automation business is centered on China, where investments are sluggish. (Photo by Yoichiro Hiroi)
Electronics

Mitsubishi Electric bets on price hikes amid headwinds in China, Europe

Investors focus on two earnings drivers: factory automation and air conditioning

31 July 2024
The Bank of Japan will discuss increasing the policy rate to 0.25% at its two-day policy board meeting through July 31. (Photo by Satoko Kawasaki)
Bank of Japan

BOJ to weigh rate hike to 0.25% at Wednesday policy meeting

Japan central bank seen halving JGB purchases within 2 years amid steady 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
Drilling at Filo del Sol shows promise for high-grade copper deposits. (Photo from Filo Corp. website)
Commodities

BHP and Canada's Lundin join forces in $3bn South American copper play

Australian giant shows ambition to mine the energy transition metal

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
Japan's Ministry of Finance will work with designated brokerages on outreach to overseas bond investors. (Photo by Wataru Ito)
Finance

Japan taps brokerages to market JGBs abroad as BOJ steps back

Ministry of Finance seeks buyers to fill gap in market long dominated by central bank

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
Self-driving vehicles from WeRide can be seen operating on the streets of Guangzhou. (Photo by Tomoko Wakasugi)
Automobiles

Chinese robotaxi operator WeRide files for U.S. IPO

Startup looks to raise up to $500m for expansion efforts

29 July 2024
Leqembi has been approved in countries such as the U.S., Japan and China, but the European Medicines Agency has balked at following suit. (Photo by Kento Awashima)
Pharmaceuticals

Eisai shares fall 13% as EU rejects Alzheimer's drug

High expectations take a hit as regulator fails to follow the U.S., Japan and China

29 July 2024
A mine in Indonesia's Halmahera Island. (Photo by Survival International)
Opinion

Indonesia must improve ESG standards to attract global investment

Scrapping of BASF-Eramet nickel-cobalt project shows need for sustainable practices

29 July 2024
A Country Garden construction site in Kunming, China, in September 2019. The embattled developer's wind-up case in a Hong Kong court has been adjourned until January 2025.
China debt crunch

China property winding-up sagas show difficulty of recovering assets

Country Garden gets six-month respite as other cases highlight 'enforceability' problem

29 July 2024
The Bank of Japan is grappling with policy as a deeply depreciating yen stokes import prices and saps consumers' purchasing power. (Source photos by Nanami Sato and Pool)
Market Spotlight

'Wishy-washy' BOJ keeps investors guessing on next move

Central bank set to release tapering plan, mull timing of rate hike

29 July 2024
China's recent gold boom is highlighted by the popularity of 1-gram gold beans. (Photo by Tomoya Takayama)
Commodities

China's Gen Z gold buyers treat themselves to little bits of bling

Younger generation helps drive rise in Chinese buying of precious metal

28 July 2024
According to a China-based research specialist Hurun Research Institute, Kweichow Moutai ranked as China's most valuable brand for six straight years through 2023. (Photo by Kohei Fujimura)
Food & Beverage

Chinese premium baijiu liquor faces fall in resale demand

Kweichow Moutai, whose market cap once topped Toyota's, loses top spot in China

27 July 2024
Stream article image
Environment

NIKKEI Film: Wooden skyscrapers in the city of the future

Designers dream of 'green' high-rise buildings surpassing 350 meters

27 July 2024
U.S. Treasury Secretary Janet Yellen attends a Group of 20 meeting in Rio de Janeiro on July 25.
Interview

Yellen suggests Japan's yen intervention differs from typical manipulation

Exclusive: U.S. treasury chief says 'beggar thy neighbor' policies should not be used

27 July 2024
Half the top 10 listings in Southeast Asia in terms of amount raised were from Malaysia. (Photo by Norman Goh)
IPO

Southeast Asia IPO fundraising down 60% in first half as Indonesia slumps

Higher interest rates dampen listings in region with fewer big-ticket debuts

27 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
Racing at Sha Tin Racecourse on July 14: Deng Xiaoping promised that "horses will still run" for 50 years after China's resumption of control over Hong Kong in 1997. (Photo by Shinya Sawai)
Editor-in-Chief’s Picks

Letter from Nikkei Asia's editor: Hong Kong Jockey Club builds a lead

Shin Nakayama shares his weekly reflections and recommendations

26 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
Gold has traditionally been seen as a safe haven in times of geopolitical and economic uncertainty.
Commodities

China's central bank has been a big buyer of gold. Will it continue?

PBOC accounted for 5% of global demand for precious metal in 2023

26 July 2024
SBI, one of Japan's biggest financial services group, will partner with Franklin Templeton, the world's seventh-largest asset manager. (Source photos by Nikkei)
Cryptocurrencies

Franklin Templeton and SBI team up to bring bitcoin ETFs to Japan

New joint venture will prepare for Japanese approval of cryptocurrency funds

26 July 2024