Guzman looks to quintuple its stores in Australia to 1,000. (Photo by Rurika Imahashi)
Food & Beverage

Australia's Guzman y Gomez plans big expansion after splashy IPO

Soaring stock price may stem from quiet market as profitability concerns remain

10 July 2024
The headquarters of the Bank of Japan in Tokyo.
Opinion

BOJ needs to remove the straitjacket of its hard 2% inflation target

Central bank should adopt a more balanced approach to its monetary policy

10 July 2024
China's property crisis has sparked a slew of wind-up petitions against mainland developers.
China debt crunch

China's Guangzhou R&F Properties faces liquidation petition in Hong Kong

Motion filed against unit Trillion Glory over $613m outstanding debt

9 July 2024
Johor Plantations Group is linked to the government of Johor, the southernmost state in Peninsular Malaysia. (Johor Plantations Group)
IPO

Johor Plantations rises 10% in biggest Malaysian debut in 2 years

Johor state-linked palm oil company raised $156m through IPO

9 July 2024
Journalists visit a semiconductor maker's clean room in Hamburg, Germany.
9 July 2024
President Joe Biden arrives at the U.S. Military Academy in the state of New York in May. The U.S. wants to expand rules allowing reviews of land purchases near military bases.
Politics

U.S. seeks security review of land buys near more military bases

Chinese-owned property near missile base received divestment order in May

9 July 2024
The yen has weakened past 160 per dollar due in large part to currency pressures posed by the new NISA program. (Photo by Yuji Murakami)
Currencies

Japan households' offshore investments top trade deficit, weakening yen

NISA tax-free scheme drives record purchases of overseas assets

9 July 2024
Ares Management now has nine offices across the Asia-Pacific region and plans to open one in Tokyo this year.
Wealth Management

U.S. investor Ares taps ex-SMBC executive to lead Japan expansion

Alternative-investment firm sees growth opportunities in government policy shift

9 July 2024
The offer follows Rex's search for partners for its proposed Hillside Copper-Gold project on the Yorke Peninsula.
Commodities

Indonesia's Salim makes bid for Australia copper player Rex Minerals

Group's $265m offer represents hefty premium over recent share price

8 July 2024
Kazakh President Kassym-Jomart Tokayev, second left, hosts the leaders of China, Russia, Tajikistan and Belarus at the Shanghai Cooperation Organization (SCO) summit in Astana on July 4.
Opinion

Kazakhstan leverages middle power status with West, China, Russia

Europe, U.S. need to enhance engagement with Astana

8 July 2024
Years of bogus sales and accounts receivable, combined with rising input costs, left the company unable to repay its debts in early 2023. (Nikkei montage/Source photos by Stark website)
Market Spotlight

Fraud trial exposes shortfalls in Thai corporate governance

Wire maker Stark's scandal ensnares Kasikornbank, Deloitte and Credit Suisse

8 July 2024
The development of a zero-emission, ammonia-powered engine has sent Japan Engine's share price soaring. (Photo by Ryosuke Eguchi)
Markets

Comeback story: Japan Inc. veterans' market cap surges 160% in decade

Japan Engine reverses fortunes with ammonia-fueled technology

7 July 2024
Japan's Government Pension Investment Fund benefitted from rising stock prices and a weak yen.
Finance

Japan pension giant GPIF delivers record $280bn annual return

Fund under pressure to generate bigger gains as wage growth picks up

6 July 2024
Mitsubishi Heavy Industries built the Taigei submarine for Japan's Self-Defense Forces. (Photo by Naoki Hori)
Aerospace & Defense Industries

Mitsubishi Heavy shares soar on hopes for 2nd Trump term military spending

Japanese peers Kawasaki Heavy, IHI also see heavy trading after presidential debate

6 July 2024
The entrance to the Bombay Stock Exchange in Mumbai. Over 100 companies have raised around $4.6 billion via Indian IPOs this year.
IPO

Bain-backed Emcure Pharma's $234m India IPO draws $11bn in bids

Company strong in women's health draws subscriptions nearly 68 times offer amount

5 July 2024
The preference shares were issued to the Hong Kong government as part of the Cathay Pacific group's recapitalization financing in 2020. 
Markets

Cathay Pacific to buy back HK government's remaining preference shares

$1.2bn stake left over from group's recapitalization financing in 2020

5 July 2024
DBS, Singapore's biggest lender, has been fined for allegedly running afoul of Hong Kong's anti-money laundering regulations.
Finance

Hong Kong fines DBS for breaching anti-money laundering rules

Singapore's biggest lender hit with $1.28m penalty over alleged past failures

5 July 2024
Japanese ETFs are slated to sell more than $7 billion in securities on July 8 and July 10.
Equities

Japan's stock market braces for $7bn-plus ETF-linked sell-off

Securities expected to be sold to cover dividend payouts to shareholders

5 July 2024
The secondary offering of Honda shares could reach around 500 billion yen. (Photo by Yuki Nakao)
Equities

Japanese insurers, banks to unload $3bn in Honda shares

Four casualty insurers to sell off entire stakes in push to reduce cross-holdings

5 July 2024
Stream article image
#techAsia

BYD comes to Thailand and China stakes its rare earths claims

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

4 July 2024
Foreign investors are leading Japan's stock rally, one analyst says, helping the main index break records. (Photo by Satoko Kawasaki)
Equities

Japan's Nikkei average closes at all-time high, breaks March record

Tech stocks lead gains as Tokyo market tracks U.S. rally

4 July 2024
China's government has set a GDP growth target of "around 5% for this year.
Economy

China economists forecast GDP growth slowdown to 5.1% in Q2

Official annual target of 'around 5%' in sight, but pressure for support grows

4 July 2024
The Taiwan Stock Exchange partnered with the Singapore Exchange for the first time to host a pitch event for institutional investors in the city-state, held at SGX in April. (Singapore Exchange and Taiwan Stock Exchange)
Taiwan tensions

Singapore hooks Taiwan companies shunning China's investors

Taiwanese firms chase funds in city-state as cross-strait tensions rise

4 July 2024
PwC is in the regulatory spotlight for its role in auditing China Evergrande Group, a developer at the center of the country's property crisis.
Companies

PwC names new China head amid Evergrande audit scrutiny

In-house executive Daniel Li takes over as firm faces mainland and Hong Kong probes

4 July 2024
CapitaLand plans to complete its third Japanese lyf building, this one in Tokyo's Shibuya, by 2024. (CapitaLand image)
Property

Singapore's CapitaLand charts Japan real estate buying spree

In bid to diversify from China, property group targets 'workcation' and logistics sites

4 July 2024