Beijing has much to prove as bulls return to the market for Chinese stocks.
Opinion

Phantom forces at work in China's bull market rally

Beijing's talk of economic change yet to translate into action

8 May 2024
Prime Minister Anthony Albanese wants "a future made in Australia," but moving the export-reliant economy up the value chain may prove challenging. 
Commodities

Australia to spend $372m on resource mapping to stoke energy transition

Government wants to boost critical minerals, but China's dominance a challenge

8 May 2024
HD Hyundai Marine Solution listed on the stock market after completing South Korea's biggest initial public offering in more than two years. (Hyundai Marine Solution)
IPO

South Korea's Hyundai Marine Solution nearly doubles in market debut

KKR-backed ship repair company completes country's biggest IPO in 2 years

8 May 2024
Filling up at a petrol station in Karachi, the Pakistani commercial capital. Pakistan receives millions of barrels of smuggled Iranian finished petroleum products annually.
International relations

Iran smuggles $1bn worth of fuel into Pakistan annually: report

Traders sneak petrol and diesel across border in corruption-riddled trade

7 May 2024
Jollibee founder Tony Tan is part-owner of the Philippine real estate company DoubleDragon, which fully owns the hospitality brand Hotel101. (Nikkei montage/Source photos by Getty Images and Hotel 101) 
IPO

Jollibee founder Tony Tan backs hotel SPAC deal despite lull in IPOs

Philippine fast-food king plans to disrupt hospitality sector with Hotel101

7 May 2024
Cafe Giang in Hanoi faces rising prices for the two key ingredients in its famous egg coffee. (Photo by Yuji Nitta)
Commodities

Coffee prices soar as Vietnam farmers switch to durian

Dry weather and growing Asian consumption push up robusta futures

7 May 2024
Laos' weakening currency threatens faster food price inflation. (Photo by Kenya Akama)
Economy

Laos, other debt-laden Asia-Pacific nations under pressure from strong dollar

ADB boosts funding for vulnerable countries amid debt trap fears

7 May 2024
Japan's currency is coming off a last week's rollercoaster ride against the dollar. (Photo by Tomoki Mera)
Comment

What's ahead for the yen? After wild week, U.S. inflation watch resumes

American fiscal spending spree is an underlying factor in rising prices

6 May 2024
The IPO boom in India is driven by a buoyant stock market that outperformed peers in China, Hong Kong and Japan. (Source photos by Ken Kobayashi and Kosaku Mimura)
Market Spotlight

Indian founders make hay with IPOs amid rally, but investors suffer

44 of the 183 companies that listed since 2021 are trading below their offer price

6 May 2024
A Berkshire Hathaway shareholder wears a Warren Buffett T-shirt at the company's annual general meeting in the U.S. city of Omaha on May 4.
Companies

Warren Buffett tells why Berkshire Hathaway's cash pile is nearing $200bn

'We only swing at pitches we like,' billionaire investor says

6 May 2024
Berkshire Hathaway Chairman Warren Buffett attends the company's annual shareholders meeting in Omaha, Nebraska, on May 3.
Markets

Warren Buffett saw 'compelling' reasons to buy Japan trading houses

Prominent investor downplays unloading Apple shares at Berkshire annual meeting

5 May 2024
Warren Buffett, the chairman of Berkshire Hathaway, has called Apple the second-most important business after Berkshire's cluster of insurers.
Companies

Buffett's Berkshire Hathaway reduces large Apple stake

Sale may signal legendary investor's change of heart over U.S. tech company

4 May 2024
China's real gross domestic product was up 5.3% year-on-year in January to March thanks in part to production increases.
Economy

China manufacturing rebound brings trade frictions with West

Facing soft domestic demand, Chinese companies sell EVs, solar panels overseas

4 May 2024
Generative AI is trained on a massive amount of data through graphic processing units and depends on power-hungry data centers with large-capacity servers.
Datawatch

AI investment boom extends to nuclear power generation and uranium

Servers to support tech's data appetite will increasingly run on atomic energy

4 May 2024
Construction workers at a housing project in Hangzhou on March 31: Construction saw the largest decline of any industry in the share of rural migrant workers employed last year in China.
Caixin

China's rural migrant workers seek jobs closer to home

Property business slump prompts labor shift from construction to services

4 May 2024
The yen strengthened to the 151 level against the dollar, the highest since April 10.
Currencies

Yen surges against dollar, but weakness concerns remain

Finance minister declines comment on currency's level or suspected intervention earlier

4 May 2024
A Country Garden residential development project in Tianjin. The property sector and related businesses account for about 30% of China's GDP.
Companies

Corporate China suffers first profit decline in 5 years

Property woes weigh on steelmakers and more, while auto sector rides EV wave

3 May 2024
The Bombay Stock Exchange in Mumbai. The Sensex stock index rose above 75,000 for the first time in April.
Markets

India stock rally signals confidence in Modi's growth agenda

Sensex index hits record highs heading into marathon election

3 May 2024
Plans for the old Tsukuji market site in Tokyo include a 50,000-seat stadium shown on the left in this artist's rendering. (Tokyo Metropolitan Government) 
Property

Why one of Japan's biggest real estate projects is tapping Toyota

Mitsui Fudosan looks to spread risk for $5.8bn Tsukiji market redevelopment

2 May 2024
The U.S. Federal Reserve has held off on a rate cut amid sticky inflation.
Currencies

Yen's surge after Fed announcement stirs fresh intervention talk

Data suggests authorities possibly pumped in $19bn to prop up yen

2 May 2024
Proxy sites provide consumers outside Japan with direct access to some of the country's biggest e-commerce platforms. (Photo by Tatsuhiro Yuki)
Retail

Weak yen drives U.S. shoppers to Japan proxy sites

Foreign buyers get their hands on specialty Japanese goods at hefty discounts

1 May 2024
K-pop giant Hybe is launching an internal audit into its Ador subsidiary, the creator of hugely popular act NewJeans.
Media & Entertainment

Discord hits BTS agency Hybe's shares, as subsidiary feud festers

Saga has wiped out 11% of the largest K-pop management agency's market value

1 May 2024
Abandoned homes are susceptible to pest and structural problems, making them a potential danger to their neighbors. (Photo by Kenichiro Kamata) 
Property

Japan's abandoned homes increase 80% in 20 years

Record 13.8% stand empty amid demographic decline

1 May 2024
Bank of Japan data offers circumstantial evidence of possible government intervention in currency markets. (Photo by Mayumi Tsumita)
Currencies

BOJ data points to possible yen-buying intervention

Stokes speculation Japan stepped in to support its currency against the dollar

30 April 2024
China's Communist Party was widely expected to hold the third plenum in either October or November 2023, but it did not.
Politics

China to hold key Communist Party plenum in July amid economic pressure

Agenda to focus on reforms and modernization, state media says

30 April 2024