Finance
Japan's Norinchukin Bank to sell $63bn of U.S. and European bonds
Bank's fiscal 2024 loss expected to reach record-high $9.5bn
Wealth Management
China to see biggest millionaire exodus in 2024 as many head to U.S.
'Perfect storm' of tensions and uncertainty spurs record global wealth shift, report shows
Commodities
Chinese premier's visit puts Australia's critical mineral ambitions in spotlight
China's support could help make Albanese's processing ambitions affordable
Property
Japan's abandoned houses wipe $25bn off nearby property value
Safety concerns lead to more unsold homes, exacerbating the problem
Defense
Japan defense spending plan takes 30% hit from weak yen
Loss of purchasing power may force changes to procurement levels
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Announcements
Nikkei 225 to alter price adjustment factor for Mitsui & Co. and 3 others
Changes to take effect on June 27, reflecting companies' stock splits
Economy
China retail sales beat expectations as industrial output loses some steam
Property downtrend continues as easing measures show little impact so far
Equities
Japanese stocks fall over 2% on European political uncertainties
BOJ's lack of clarity on bond purchases leaves market players uneasy
Market Spotlight
China Vanke: the poster child of a now-troubled property sector
'Fallen angel' struggles to stabilize sales as consumer and investor confidence fades
Opinion
Asia can bear with 'higher-for-longer' U.S. rates
Pragmatic central bankers and resilient fundamentals curb risk of capital flight
Interview
Japan private equity fund performance 'extraordinary,' says Carlyle CEO
While markets go tighter, Schwartz says $70 billion of dry powder available in group
Semiconductors
TSMC supplier Organo aims for new heights after tenfold jump in stock
Provider of ultrapure water enjoys rare stability in volatile industry
Commodities
China silver panda coin craze hits Japan as gold soars beyond reach
Commemorative pieces featuring the wildly popular bear sell for $40
Interview
Nasdaq expects more China IPOs despite regulatory logjam
Market 'will not be ignored' despite geopolitical frictions, exchange official says
Bank of Japan
BOJ leaves open possibility of rate hike, bond buy reductions in July
Governor Ueda expects "sizable" reductions in bond purchases
Currencies
Yen weakens as BOJ gives no details on JGB purchase cut
Japanese currency falls to level not seen since late-April intervention
Announcements
Nikkei to reshuffle components of 2 dividend-related indexes
Set for June 28, change is part of periodic review
Announcements
Honda, Nissan to be added to Nikkei 225 High Dividend Yield 50 Index
Regular reshuffle on June 28 will mark return to 50 constituent companies
China debt crunch
China real estate firms see 4% sales growth after state help
Government measures to purchase unsold homes only had limited effect
IPO
AI drug researcher XtalPi lists in Hong Kong amid U.S.-China rivalry
Exchange pins high hopes on first IPO under rule designed to woo innovative startups
Equities
South Korea extends short-selling ban to March 2025
Financial regulator plans to develop an electronic system to prevent illegal trades
Currencies
Asian currencies pare gains after U.S. CPI, Fed meeting
Yen climbs to 155 range at one point; investors turn to BOJ
Wealth Management
Sumitomo Mitsui Trust, Apollo launch alternative asset fund
Partners tap into Japan's budding market for unlisted stocks, debt and property
Commodities
Silver rally adds new shine to dental crowns in Japan
Cap purchases surge at dental trader as patients seek to cash in
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China up close
Analysis: Xi Jinping's Belt and Road leaves Malaysia with a 'ghost' island
Forest City project in Johor remains in limbo as Beijing prepares for key meeting