Vietnam's first tech unicorn, VNG, which turned 19 last year, has repeatedly postponed plans to list on the Nasdaq. (Photo by Lien Hoang)
Technology

Vietnam's VNG aims to earn majority of gaming revenue overseas by 2027

Online games still cash engine as startup expands AI, cloud divisions

24 June 2024
Foreign investors are overwhelmingly predicting a softer yuan by the year-end, as expectations for a U.S. Federal Reserve interest rate cut scale back.
Market Spotlight

Weakening yuan could be what China needs, but not what it wants

China's yuan hits 7-month low in 'complex environment'

24 June 2024
The headquarters of property developer Country Garden Holdings in Foshan, China. Country Garden is one of several Chinese developers that are struggling.
China debt crunch

China to create fund to rescue financial companies

Move meant to avert financial crisis stemming from real estate market slump

24 June 2024
The Hong Kong Exchange is in an IPO slump, part of a wider "winter" in Chinese stock listings and venture capital funding. (Photo by Ken Kobayashi)
IPO

China in venture capital winter, 'worst' IPO exit market in decades

Chill spurs companies and investors to look overseas for opportunities

23 June 2024
A new plant in the United Arab Emirates will process high-grade Brazilian iron ore into reduced iron and send it to Japan. (Emirates Steel)
Commodities

Japan's Itochu to build low-carbon iron supply chain with Brazil, UAE

Steel industry bets on manufacturing method using reduced iron to cut emissions

23 June 2024
Marcus Ong, second from left, managing director of Niugini Resources and Investments, with members of a community in Papua New Guinea. (Photo by Niugini Resources and Investments)
Commodities

Singapore company launches mining venture in Papua New Guinea

CEO calls Pacific nation 'very blessed' despite civil unrest, U.S.-China tussle

23 June 2024
Hiroshi Watanabe doesn't see the yen appreciating beyond 150 against the dollar this year. (Photo by Nanami Sato)
Interview

Yen's slide only partly due to U.S. rate gap: ex-Japan currency official

Job-creating manufacturers key to strong currency, Hiroshi Watanabe says

23 June 2024
Demand for materials used in electric vehicles and their batteries is growing as EVs gain popularity worldwide.
Electric vehicles

Decades' worth of EV battery metals found off remote Japan island

Deep-sea reserves of cobalt and nickel could be commercialized as early as 2026

22 June 2024
Asian spot prices for liquefied natural gas have jumped by half since March.
Commodities

Extreme heat joins Russia risk in driving natural gas rally

Asia-Pacific demand seen surging as temperatures rise in China and Japan

22 June 2024
Riverpark North will offer homes and a megamall. (Rendering courtesy of Federal Land NRE Global)
Property

Japanese-style suburban communities set to pop up outside Metro Manila

Nomura Real Estate embarks on project with Philippine partner Federal Land

22 June 2024
ICBC has attracted investors with a dividend yield of over 5%.
Markets

China lender ICBC topples Moutai as Shanghai market cap leader

Liquor maker's 4-year run ends amid slow sales as dividends buoy state-owned bank

22 June 2024
Wealth management executives see Hong Kong overtaking Switzerland in the sector in the coming years. (Photo by Kenji Kawase)
Wealth Management

Partners Group opens Hong Kong office as Swiss swoop in for Chinese cash

Senior exec acknowledges city poised to overtake Switzerland in wealth management

21 June 2024
SoftBank Group’s shares fell 3.8%, trading at 9,826 yen at one point after the meeting. (Photo by Yuji Murakami)
SoftBank

SoftBank's Son lays out ambitious mission on 'artificial super intelligence'

Conglomerate's shares drop 3.8% at one point after the meeting

21 June 2024
A truck carries copper ore out of a mine in Zambia. The Central African country is the world's ninth-largest producer of the metal.
Commodities

Africa's Copperbelt sets off investment race for EV metals

U.S. startup uses AI to locate deposits while Japan expands geological surveys

21 June 2024
Baijiu distiller Kweichow Moutai is the top Shanghai-listed company in terms of market capitalization.
Equities

China's pricey Moutai liquor leads Shanghai stock market retreat

Shanghai shares near three-month low as luxury spending wanes

21 June 2024
The Tokyo Stock Exchange has been pushing companies to use their capital more efficiently. (Photo by Mizuho Miyazaki)
Finance

SBI-backed Japan firm plans $630m fund to buy cross-held shares

Keystone taps growing demand as regulators and TSE push for reform

21 June 2024
The performance of China's tech-focused STAR Market has trailed that of the Nasdaq in the U.S.
Markets

China to revamp tech-focused stock market as U.S. still dominates

With STAR lagging Nasdaq, regulators aim to unleash 'new productive forces'

20 June 2024
Indonesian rupiah recently fell to 16,415 against the dollar, the lowest in four years and two months. (Photo by Ken Kobayashi)
Economy

Indonesia maintains key interest rate at 6.25% as rupiah slumps

Lack of change comes as inflation stays within central bank's target range

20 June 2024
Hong Kong and Singapore have been competing to attract wealthy investors in recent years. (Nikkei montage/Source photos by Reuters and AP) 
Wealth Management

Singapore loses China's rich to Hong Kong in family office rush

Tough scrutiny, 'backlog' temporarily push some wealthy Chinese to rival hub

20 June 2024
The yen has weakened past the 200 mark against the pound to a roughly 16-year low. (Photo by Akitoshi Sugiura)
Currencies

Yen sell-off broadens with fresh lows against U.K. pound, Swiss franc

Japan currency weakens amid limited intervention impact outside of dollar

20 June 2024
Gucci is struggling for momentum in the critical Chinese market as consumers focus more on ultrahigh-end or affordable products.
Consumer

Gucci loses shine in China as discounts and outlets erode brand

French group Kering falls behind luxury rivals in market cap with Asian sales slumping

20 June 2024
Skyscrapers in the Lujiazui financial district of Shanghai: Market watchers in China are waiting for details on reforms.
Equities

Risky China stocks slide as market braces for 'survival of the fittest'

Regulators gather in Shanghai amid balancing act on raising standards

19 June 2024
"The Super Mario Bros. Movie" grossed over $1 billion after its 2023 release.
Equities

Nintendo rises 5% in two days on film sequel, new Mario and Zelda games

Once again, company's Nintendo Direct announcement triggers investors' buying

19 June 2024
Asset World CEO Wallapa Traisorat provides details about the food-themed Phenix retail center at a media event. (Photo obtained by Nikkei)
Food & Beverage

Thai developer AWC to open Bangkok retail center with 265 restaurants

$272m food-themed facility targets demand from foreign tourists

18 June 2024
A typhoon approaches Hong Kong in September 2023. The city's stock exchange will end its decadeslong practice of closing during such storms.
Markets

Hong Kong to keep stock market open when typhoons hit

Change aims to boost competitiveness; some wonder if infrastructure is up to task

18 June 2024