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
Xi Jinping might have just given himself an ace in the hole in his high-stakes game of politics to extend his reign beyond 2027. (Nikkei montage/Source photos by AP and Getty Images)
China up close

Analysis: China's new 2029 reform goal shows Xi Jinping is worried

New target might also be a gambit to help a decoupled China emerge strong

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
The yen reached its strongest level in roughly two months on July 24.
Currencies

Yen gets reprieve as investors see closing gap in Japan, U.S. rates

Speculators unwind yen shorts ahead of Fed and BOJ policy meetings

25 July 2024
China has "come to the end of its growth model" as the property slump continues to weigh on its economy, said GIC chief investment officer Jeffrey Jaensubhakij.
Property

GIC shifts to 'niche' real estate deals in China amid oversupply

Singaporean investor to reorient local team to make bets more granular

24 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
Kakao Corp. founder Kim Beom-su in Seoul.
Technology

Kakao founder Kim Beom-su arrested for alleged stock manipulation

South Korean billionaire accused of inflating shares of K-pop agency SM

23 July 2024
China is increasing exports of high-quality products like hot-rolled steel sheets.
Materials

Chinese steel keeps flooding global market, pushing down prices

Overproduction continues in China despite sluggish demand at home

23 July 2024
BYD's new-car sales from January to June increased 28% year-on-year to 1.61 million units.
Automobiles

Buffett's Berkshire Hathaway drops BYD stake to less than 5%

Chinese EV maker's sales climb 28%, but domestic price competition poses risk

23 July 2024
A worker displays nickel ore at a ferronickel smelter in the Pomala district of Indonesia.
Commodities

Indonesia launches nickel, tin online tracking system

Authorities aim to improve accountability and government revenue

22 July 2024
A logo of Standart Chartered is seen in Hong Kong in June. (Photo by Ken Kobayashi)
China debt crunch

StanChart-linked China Bohai seeks to dispose of $4bn in bad loans

Chinese lender's move comes after weaker second-quarter growth

22 July 2024
Taiwanese chip and tech are being buffeted by political uncertainty in the U.S. as the presidential election approaches.
Technology

Taiwan tech stocks hit as Biden drops out of U.S. race

Analysts say high valuations and political uncertainty are increasing volatility

22 July 2024
Vietnam's Bamboo Airways Chairman Trinh Van Quyet applauds near an Airbus A321 aircraft at a ceremony at Noi Bai airport in Hanoi on Jan. 16, 2019. 
Crime

Vietnam $28m stock pump-and-dump trial opens

FLC property and airline founder accused of 'sky-high' price manipulation

22 July 2024
China's central bank faces an "impossible trinity": simultaneously controlling interest rates, keeping the exchange rate stable and keeping the economy open. (Source photos: Kosaku Mimura; Reuters)
Market Spotlight

China's central bank battles perceptions that deflation is taking hold

Markets skeptical central bank can maintain effort to push up rates

22 July 2024
An unexpected intervention in July has yen carry traders on edge.
Currencies

Speculative yen-selling slows as traders fear intervention

Short positions on the Japanese currency fall ahead of BOJ's next move

21 July 2024
The number of supposedly zero-energy homes that do not fully meet the qualifying criteria continues to increase in Japan, driven by the government's relaxation of subsidy standards aimed at encouraging their construction.
Datawatch

Over 30% of Japan's zero-energy homes fall short of requirements

An increase in below-standard houses could hamper its decarbonization efforts

20 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
A Poly Developments real estate complex in Yichang, in China's Hubei Province. The state-owned company is one of the few that still rung up more than 100 billion yuan in contracted sales in the first half.
China debt crunch

China-listed developers with 100bn yuan in 1st-half sales dwindle to 5

Evergrande, Country Garden sink; military-backed Poly rises with state peers

19 July 2024
GAM Investments, a unit of Zurich-listed GAM Holdings, is scaling back in Hong Kong and moving some staff to Singapore.
Wealth Management

Swiss asset manager GAM set to close Hong Kong office

Local peer to distribute, manage funds as market faces tepid returns

19 July 2024
Protesters march toward the National Assembly in Islamabad ahead of the presentation of the annual government budget on June 12. (Photo by AFP/Jiji)
19 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
Employees at a shop in Tsukiji Outer Market in Tokyo: The Japanese government lowered its economic growth forecast for the year to 0.9% on July 19, down from 1.3%, blaming the weak yen.
Economy

Japan cuts growth forecast, prime minister warns of weak-yen pain

Prediction for fiscal 2024 revised down to 0.9% expansion from earlier 1.3%

19 July 2024
As of the end of June, 14 Hong Kong listed companies have announced delisting plans in the first half year, and one has completed the transaction. (Photo by Ken Kobayashi)
Markets

Delistings outnumber IPOs by value in Hong Kong so far this year

China slowdown is factor cited by companies with plans to go private

19 July 2024
An open-pit mine for rare-earth elements in California. The U.S. has expanded production of the metals to reduce dependence on China.
Commodities

No longer rare: China's overproduction sends rare-earth prices tanking

Beijing's new restrictions on industry fail to reverse trend

19 July 2024