A construction site for Country Garden condominiums is seen in Beijing in August 2023.
China debt crunch

Country Garden wind-up case adjourned as policy support hopes rise

Hong Kong judge sets next hearing for June 11; mainland to hold housing briefing

17 May 2024
The Japanese currency had remained around the 156 level even after likely government interventions to shore up the yen in late April and early this month.
Currencies

Yen rises to 153 during Tokyo hours as U.S. consumer inflation eases

Economists increasingly concerned over weak yen weighing on Japanese consumers

16 May 2024
Nomura Holdings President Kentaro Okuda has emphasized a shift from public to private assets since his tenure began. (Photo by Jun Takai)
Finance

Nomura Holdings embraces private assets to beat bubble-era profits

Japan brokerage seeks to grow assets under management by $260bn

16 May 2024
The Bank of Japan is moving toward a less accommodative policy, raising the odds of the yen eventually strengthening.
Insurance

Nippon Life, Dai-ichi Life wary of foreign bonds on risk of yen upswing

Japan insurers eye domestic bonds or alternative assets, executives say

15 May 2024
Dubai's real estate market has attracted a lot of investment from overseas and achieved high growth. 
Terrorism

Terrorist groups suspected of funneling money to Dubai properties

'Dubai Unlocked' project finds individuals with alleged links to Hezbollah, Houthis among owners

15 May 2024
An electronic board at the Shanghai exchange in 2015. New rules have removed some real-time information in an attempt to reduce volatility.
Markets

China markets dip as real-time foreign trading data withheld

Removal of certain information, intended to reduce volatility, stirs mixed reactions

13 May 2024
China is set to start selling 1 trillion yuan worth of long-term bonds meant to drum up funds to bolster the economy.
Economy

China to start selling 1tn yuan in long bonds for economic support

First batch to be issued Friday as Beijing aims to drum up cash for key projects

13 May 2024
Apartments in Xi'an, the capital of China's Shaanxi province. The city, along with Hangzhou, became the latest to drop restrictions on home purchases as the country attempts to revive its real estate market.
Property

Chinese cities' last-ditch property easing exposes limited toolkit

Removal of curbs in Hangzhou and Xi'an highlights dilemma for buyers and sellers

13 May 2024
Currency analysts are focused on the U.S. consumer price index for April due Wednesday after the previous month’s data caused the yen to tumble. (Source photos by Hiroshi Tamehiro and Akira Kodaka)
Market Spotlight

Mighty dollar pushes Asian governments to boost currency protection

Asian monetary officials seek to buy time until the U.S. economy slows down

13 May 2024
The correlation between a softer yen and Toyota's share price has weakened in recent years.
Markets

Toyota stock slumps despite weaker yen and record profit

Currency stability key to broader Japan market rebound

13 May 2024
China accounted for about 70% of the world's new coal-fired energy capacity in 2023.
Environment

China carbon prices near record high as regulations tighten

Beijing tries to strike balance between coal-powered energy and green shift

12 May 2024
Condominiums in central Tokyo are relatively inexpensive compared to those in cities like New York, Hong Kong and London. (Photo by Konosuke Urata)
Property

Weak yen sends central Tokyo condo resale prices soaring

Foreign investors also swayed by rental income and trends in other global cities

11 May 2024
A Zeekr banner hangs outside the New York Stock Exchange on May 10 to mark its IPO. (Geely)
Companies

Chinese EV maker Zeekr soars 34% on NYSE debut

Company is the first major Chinese IPO in the U.S. since 2021

11 May 2024
Less profit earned by Japanese companies abroad are flowing back to Japan.
Business trends

Japan companies kept $68bn of overseas profits abroad

Government seeks to encourage repatriation to spur demand for yen

11 May 2024
The yen remains under pressure after apparent interventions by Japanese authorities to bolster it. (Photo by Satoko Kawasaki)
Currencies

Why is Japan's yen falling? Retail investors are one reason

Inflows into foreign-stock funds through NISA program add to pressure on currency

11 May 2024
Bull statues outside the Hong Kong exchange. A Swiss private banker described the recent momentum in Chinese stocks as "bear market rallies." (Photo by Kenji Kawase)
Markets

Hong Kong stocks' mainland-driven rally faces longevity test

Western investor skepticism, geopolitical tensions may limit scope for gains

10 May 2024
The Phoenix Seagaia Resort is in the southwestern Japanese city of Miyazaki. (Sega Sammy)
Business deals

Japan's Sega Sammy to sell seaside resort to U.S. investment firm Fortress

Move comes as Seagaia swings back to profit amid tourism boom

10 May 2024
China's gold bar and coin demand rose 68% on the year in the first quarter.
Commodities

Gold attracts China's retail investors, lifting prices to new heights

Purchasing spurred by push to safeguard assets amid economic uncertainty

10 May 2024
Many market watchers believe Japan intervened to shore up the weak yen last week.
Currencies

Japan seen earning $13bn from suspected yen interventions

Realized gains on dollar assets could boost surplus tapped for budget

10 May 2024
Toyota Motor doubled net profit in the previous fiscal year.
Business trends

Japan manufacturers score record profits on price hikes, weak yen

Earnings expected to help buoy wages and hiring, especially at smaller suppliers

10 May 2024
A logo of Credit Suisse outside its office building in Hong Kong in March 2023.
Finance

Law firms rally Asian claimants against Switzerland over AT1 bond wipeout

London-based Withers works to organize action over UBS-Credit Suisse deal

9 May 2024
Commuters on scooters and motorists wait for a traffic light to change at an intersection during a morning rush hour in Ho Chi Minh City. 
Technology

Vietnam's corruption crackdown stokes startup funding woes

Stock market officials among those affected by clampdown, fanning investor concerns

9 May 2024
Food prices have risen in Philippine fresh markets as El Nino hurts agriculture.  
Economy

Philippine GDP expanded 5.7% in Q1 but headwinds persist

Inflation, up for third consecutive month, hampers 2024 growth prospects

9 May 2024
A woman sells food at a market in Yangon, Myanmar. Food prices have soared by more than 50% over the past year. (Photo by Nikkei)
Myanmar Crisis

Myanmar's public struggles with inflation as currency tumbles

Local demand for dollars drives kyat lower as draft-age youths flee country

9 May 2024
Hong Kong's benchmark Hang Seng Index recently enjoyed its longest winning streak since 2018. (Photo by Ken Kobayashi)
Markets

China, Hong Kong stocks win back investors on economic recovery

Benchmark indexes approach S&P 500 gains, with banks and oil majors leading pack

9 May 2024