An electronic board shows stock indexes in Shanghai's financial district.
Markets

Foreign investors lukewarm on China stocks despite Fed rate cut buzz

Property worries persist, but some say worst is over for Chinese markets

13 September 2024
Tokyo Gas has sold its interest in four liquefied natural gas projects as it shifts resources toward areas such as decarbonization.
Business deals

Japan companies reap nearly $56bn from 3 years divesting

Tokyo Gas, Eneos, Mitsubishi among the biggest seeking capital efficiency

13 September 2024
ECB President Christine Lagarde painted a mixed picture of euro-area inflation sustained by rising wages even as overall labor cost pressures eased.
Economy

ECB cuts interest rates as inflation slows, growth weakens

'We are not pre-committing to a particular rate path,' bank chief Lagarde says

13 September 2024
A man counts banknotes at a currency exchange shop in Pakistan's Peshawar. The nation last summer came close to default before a last-gasp bailout from the International Monetary Fund.
Economy

Pakistan cuts key interest rate by 2 percentage points to 17.5%

Move marks third straight reduction as central bank tries to spur growth

12 September 2024
Japan's benchmark index Nikkei Stock Average rose sharply during trading on Sept. 12 in Tokyo after tech-led gains on Wall Street and as the yen weakened. (Photo by Yuji Murakami)
Equities

Japan stocks jump 3.4%, track Wall Street tech gains

Domestic shares unlikely to repeat historic August plunge, strategists say

12 September 2024
Coal being moved from a barge at Indonesia's Tanjug Priok port. Indonesian mining companies have been buying up Western coal assets driven by lower emissions rules and cheap financing
Commodities

Indonesian coal companies go on buying spree for Western mines

Assets are at bargain prices, industry executives say

12 September 2024
Contractors hired for mining work in Australia now must receive the same pay as in-house employees.
Commodities

Australia's mining industry faults new labor rights for rising costs

Minerals Council cites multi-employer bargaining and 'same job, same pay' law

12 September 2024
With Japan's number of millionaires likely to grow, major securities companies are boosting offerings tailored to them. (Nikkei photo montage)
Wealth Management

Japan megabank brokerages ramp up wealth management business

MUFG, Mizuho and SMBC pursue upmarket clients with personal service

12 September 2024
Mitsui & Co. plans to cancel the shares it buys back, boosting shareholder returns. (Photo by Keigo Yoshida)
Companies

Japan's Mitsui & Co. doubles share buyback plan to $2.8bn

Trading house boosts shareholder returns while also eyeing new investments

12 September 2024
A worker cuts iron rods outside a workshop at an iron and steel market in New Delhi.
Commodities

India to impose up to 30% tariffs on China, Vietnam steel pipe

Tax on imports from the countries to last for the next five years

11 September 2024
The headquarters of the People's Bank of China in Beijing.
Bonds

China government bond yields hit new low despite PBOC intervention

10-year rate falls below level that triggered fresh warnings over bubble

11 September 2024
New World Development, a property developer under the Chow Tai Fook umbrella, warned in August that it expected to log its first annual loss in two decades. (Photo by Masayuki Kozono) 
Property

Sibling succession race heats up at Hong Kong's Chow Tai Fook group

Chengs compete as key property unit New World Development sinks into red

11 September 2024
Diggers work at a lithium battery anode material project in China's Guizhou province. 
Commodities

Australian miners rally as China's CATL 'adjusts' lithium output

Oversupply has dragged on prices for key battery material over a year

11 September 2024
K Bank's headquarters in Eulji Twin Tower in Seoul. The online lender is looking to go public next month. 
IPO

K Bank's planned IPO a test of South Korean market's rebound

Bain-backed online bank aims to raise $732mn, most in Seoul in two years

11 September 2024
Comments by Bank of Japan policymaker Junko Nakagawa pushed up the yen on Sept. 11. (Photo by Arisa Moriyama)
Currencies

Yen surges to strongest this year on BOJ policymaker's remark

Junko Nakagawa signals central bank's readiness to raise rates if inflation on track

11 September 2024
Hisham Hamdan is chief investment officer for Malaysian sovereign wealth fund Khazanah Nasional. (Khazanah Research Institute)
Economy

Malaysia's Khazanah fund expects 2024 returns to top last year's 5.7%

Chief investment officer credits strong domestic, U.S. and EU markets

11 September 2024
Under pressure from investors, big landowners like hoteliers, railway operators and manufacturers are selling off real estate that is no longer central to their business.
The Big Story

Japan Inc.'s 25 trillion yen opportunity: Cashing in on real estate

Railway operator Seibu sets example by putting big Tokyo complex up for sale

11 September 2024
Ownership of crypto in Singapore dropped to 26% in 2024 from 30% in 2022, according to a recent survey. (Nikkei montage/Source photos by Akira Kodaka)
Cryptocurrencies

Singapore's crypto ownership falls amid selloffs, regulatory chill: poll

Nearly half of nonowners and past owners cite regulatory concerns as a barrier

10 September 2024
A worker unloads copper at a factory in Nantong, in China's Jiangsu province.
Commodities

China's copper imports fall 12.3% as weak economy restrains demand

August data from world's top consumer highlights headwind for global prices

10 September 2024
Alibaba converted its secondary listing in Hong Kong into a primary one to "tap into the southbound capital flows" from mainland China.
Markets

Alibaba jumps 5% in Stock Connect debut aimed at tapping China billions

E-tailer's shares outperform peers; some analysts question long-term impact

10 September 2024
Dump trucks transport mined materials at Mount Holland lithium mine in Southern Cross, Western Australia.
Commodities

West urged to give lithium more support to break China's supply grip

Ex-Pilbara chief's warning comes as Arcadium moves to mothball Australian mine

10 September 2024
If elected president of the LDP, Economic Security Minister Sanae Takaichi would be assured of becoming Japan's first female prime minister. (Photo by Uichiro Kasai)
Japan's leadership race

Abe protege Takaichi is stock market's top choice for Japan leader

Economic security minister expected to restart nuclear plants if elected

10 September 2024
Japanese pension funds are believed to have stepped up their buying of foreign bonds in August.
Bonds

Japan purchases of foreign bonds hit record on stronger yen

August tally tops $50bn ahead of expected Fed rate cut

10 September 2024
Lee Thiam Wah, founder of 99 Speed Mart Retail Holdings, speaks during a news conference on Sept. 9 as the company's shares made their public debut the same day. (Photo by Norman Goh)
IPO

Malaysian grocery chain eyes 3,000 stores after market debut

99 Speed Mart shares rise 14% in country's biggest IPO in 7 years

9 September 2024
Chinese home appliance maker Midea is set to list in Hong Kong.
Markets

Midea's $3.45bn Hong Kong share offering met with Shenzhen selloff

Appliance maker seeks more funds but dilution, discount anger current investors

9 September 2024