Payments by the BOJ to the government are seen as a critical source of funds for the country's defense buildup. (Photo by Yuji Murakami)
Bank of Japan

BOJ pays record $14bn to government on ETF gains and bond interest

Unrealized losses on Japanese government bonds skyrocket amid higher rates

30 May 2024
The yield on 10-year Japanese government bonds reached 1.02% on May 27. (Photo by Mizuho Miyazaki)
Bonds

Japan's MUFG looks to restore JGB holdings as interest rates rise

Head of global markets sees next BOJ hike coming as early as July

30 May 2024
High interest rates and efforts by Chinese policymakers to stimulate the economy pose an ongoing challenge to the yuan's value.
Currencies

Chinese yuan falls to six-month low on dollar strength

Gradual weakening highlights U.S., China monetary policy divergence

29 May 2024
The International Monetary Fund expects China's economy will grow 5% for 2024 and 4.5% for 2025, but slow to 3.3% by 2029.
Economy

IMF lifts China growth outlook but warns on property and trade troubles

Fund sees economy hitting 'around 5%' target in 2024 before slowing in coming years

29 May 2024
Cambodian Deputy Prime Minister Sun Chanthol speaks to Nikkei Asia in Tokyo on May 23. (Photo by Satoko Kawasaki)
29 May 2024
About 310,000 tonnes in carbon credits have been traded on the TSE market since it opened. (Source photos by Nikkei)
Markets

Tokyo exchange eyes expanded carbon credit trading by big companies

Japan market lags far behind similar efforts in China, South Korea

29 May 2024
China's huge stock of unsold housing has led to a steep drop in land-usage sales to developers by local governments.
China debt crunch

China's 'hidden' defaults reflect weak local government finances

State homebuying program aims to revive land sales to cover off-the-books debt

29 May 2024
Chinese conglomerate Fosun has struck a deal to sell a German private bank to the Netherlands' ABN Amro. (Source photos by Reuters)
Business deals

China's Fosun to sell German private bank to ABN Amro for $730m

Once-acquisitive conglomerate unloads assets to reduce debt

28 May 2024
Chea Serey, governor of National Bank of Cambodia, speaks to Nikkei Asia in Tokyo on May 24. (Photo by Nanami Sato)
Interview

Cambodia digital payments to nurture local currency, says central bank head

Chea Serey highlights cross-border transactions via 'Bakong' system

28 May 2024
The yen's recent volatility has prompted many companies to steer clear of assumptions that it will remain weak.
Business trends

Japan blue chips warn of possible $1.7bn hit to profit from yen swings

Honda, Denso expect negative forex impacts, while Toyota, Olympus see net benefits

28 May 2024
Recruitment company Asia to Japan is seeing less interest to work in Japan from students in China, Taiwan and South Korea. (Asia to Japan)
Society

$20,000 annual pay: Japan's weak yen drives away Asian talent

Companies face trouble recruiting students from China, Taiwan and South Korea

28 May 2024
Evergrande Group's Hengchi electric vehicles are displayed at an auto show in Shanghai in 2021.
China debt crunch

Evergrande EV unit's stock jumps as anonymous buyer emerges

Production halt creates a cash crunch; Kaisa wind-up hearing adjourned

27 May 2024
China's former central bank chief Zhou Xiaochuan speaks to Nikkei Asia in Tokyo, on May 23. (Photo by Yumi Kotani)
27 May 2024
Three key indexes that foreign investors use to track China equities -- the CSI 300, Hang Seng Index and MSCI China -- are up since mid-April. (Nikkei montage/Source photos by Getty images)
27 May 2024
Jessica Novia, chief impact officer of Indonesian startup CarbonEthics, speaks during an interview with Nikkei Asia in Jakarta. (Photo by Nana Shibata)
Markets

Indonesian carbon-offset startup eyes trading in Singapore, Tokyo

CarbonEthics sees rising demand for marine projects in international market

26 May 2024
Recent foreign exchange rate volatility has caused headaches for Japanese companies as they compile earnings forecasts for this fiscal year.
Currencies

Japan companies brace for forex bumps, assume 144 yen-dollar rate

Market gyrations prompt cautious yen outlook for earnings forecasts

25 May 2024
There were 18 management buyouts in Japan in fiscal 2023, with their total value marking an all-time high of 1.47 trillion yen. (Photo by Wataru Ito)
Business trends

Japan management buyouts hit record high $9.7bn in fiscal 2023

Companies try to boost value after reform push from Tokyo Stock Exchange

25 May 2024
U.S. President Joe Biden, left, has expressed skepticism about Nippon Steel's acquisition of U.S. Steel, which is opposed by the United Steelworkers union.
Business deals

Nippon Steel goes on PR counteroffensive to defend U.S. Steel deal

Market grows skeptical of acquisition as labor opposition threatens government review

25 May 2024
Starting May 28, U.S. securities trades will be settled in one business day rather than two.
Markets

Global investors brace for U.S. shift to faster trade settlement

One-day time frame leaves tight deadline for securing dollars across time zones

25 May 2024
As part of a plan to attract foreign investment to the country, Japanese Prime Minister Fumio Kishida will meet with the heads of the cities of Tokyo, Osaka, Fukuoka and Sapporo on May 31 to discuss them becoming special financial business zones. 
Finance

Japan picks Tokyo, Osaka, Fukuoka, Sapporo as special finance zones

Kishida set to finalize measures to attract overseas asset managers in June

24 May 2024
The Alibaba Group logo is seen at the company's headquarters in Hangzhou, China.
Companies

Alibaba follows JD.com with up to $5bn convertible bond issue

Move to fund share buybacks as e-commerce giant looks to revive stock price

24 May 2024
The terminated deal had been expected to create the biggest player in India's broadcasting industry.
Markets

India's Zee Entertainment stock stumbles since Sony deal collapse

Broadcaster turns to reorganization proposal after plug pulled on merger

24 May 2024
Japan's current restrictions prevent granting free shares to rank-and-file employees. (Photo by Satoko Kawasaki)
Work

Japan looks to extend stock grants to rank-and-file workers

Focus on restricted shares with vesting periods aims to curb job-switching

24 May 2024
The yen has fallen to its softest level against the dollar since a suspected currency market intervention by Japan three weeks ago. (Photo by Mizuho Miyazaki)
Currencies

Yen weakens to 157 against dollar, touching 3-week low

Japanese currency approaching level seen before presumed market intervention

24 May 2024
Prices on the new special bonds fell 14% early on May 23 from the previous day's close. (Photo by Noriko Okemoto)
Bonds

China's ultralong-term bonds see price swings, new trading halt

14% drop Thursday prompts suspension in Shenzhen, day after strong debut

23 May 2024