Cosmetics are displayed in the window of a L’Occitane store in central Paris in February.
IPO

L'Occitane to go private in blow to Hong Kong bourse's global image

French cosmetics company to delist while city promotes itself as IPO destination

30 April 2024
Hong Kong is positioning itself as a hub for cryptocurrency trading, although regulators have stressed they "are not meant for every investor."
Cryptocurrencies

Hong Kong's first crypto ETFs go public in milestone for hub ambitions

Products to challenge U.S. counterparts as focus shifts to Chinese investor access

30 April 2024
Japan is aiming to push up real wages to eliminate the deflationary mindset from its economy. (Photo by Mayumi Tsumita)
Inflation

Weak yen stokes Japanese concern over strong rise in import prices

Higher costs could hit 'most vulnerable,' says top currency diplomat

30 April 2024
Rising temperatures pose a threat to the production of lithium and other resources critical for the transition to clean energy. 
Commodities

Australia mining at risk from climate change-fueled drought and heat

Production of resources needed for clean energy face disruption, PwC report finds

30 April 2024
Currency authorities can either buy their home currency to strengthen it, or sell their home currency to weaken it. (Source photos by Nikkei)
Currencies

Yen's surge raises questions over intervention: 3 things to know

Japanese currency rebounds by around 5 to dollar after touching new 34-year low

30 April 2024
Elliott's purchase of Sumitomo shares comes amid an uptick in investor activism in Japan.
Finance

Activist fund Elliott buys stake in Warren Buffett-backed Sumitomo

U.S. hedge fund may pressure Japanese trading house to boost value

29 April 2024
The yen's sharp rise after depreciating past 160 to the dollar spurred speculation that the Japanese government and Bank of Japan had intervened in the foreign exchange market.
Currencies

Yen strengthens sharply, triggering speculation of intervention

Japanese currency had fallen past 160 per dollar before rebounding

29 April 2024
The flag of the Hong Kong Stock Exchange flies next to China's national flag. The exchange and its connections with mainland markets have seen a flurry of investment in recent days.
Markets

China stocks rally as investor 'fear of missing out' spreads

Geopolitical risks, 'dire' housing market still seen discouraging long-term bets

29 April 2024
Soil containing rare-earth elements for export is transported at a port in Lianyungang, in China's Jiangsu province.
Commodities

China's rare-earth miners suffer profit falls as new supply chains rise

Global shifts and shaky domestic economy hit prices in strategic industry

29 April 2024
Shanghai's Lujiazui neighborhood in 2023. The supply glut has caused a drop in rents, and new office space offered in Shanghai in the next six months could hit a new high compared with the same period in the past several years. (VCG)
Caixin

Shanghai prime office vacancies near 20-year high

Vacancy rate of grade-A office buildings reached 20.9% in first quarter

29 April 2024
American investor Warren Buffett. Investor attention next week is likely to be fixed on whether the companies will upgrade their shareholder return policies. (Nikkei montage/Source photos by AP and Shinya Sawai)
Market Spotlight

Japan's Buffett-backed trading houses hit by weaker commodity prices

Outlooks expected to be flat, while investors eye payout upgrades for early May

29 April 2024
The yen hit a new 34-year low against the dollar on April 26. (Photo by Takaki Kashiwabara) 
Currencies

Yen tumbles past 158 against dollar on stubborn U.S. inflation

Japan's currency in intervention territory, but stepping in unlikely to work: Mizuho

27 April 2024
China accounts for more than half of global copper consumption.
Commodities

Copper hits 2-year high above $10,000 on China squeeze

Supply concerns hang over market for vital industrial metal

27 April 2024
Kentucky Fried Chicken is among the most popular fast-food chains in Japan. (Photo by Hideki Shinohara)
Business deals

Carlyle nears deal to buy KFC Japan's shares from Mitsubishi Corp

Trading house selling Kentucky Fried Chicken shares to improve capital efficiency

26 April 2024
The decision to hold monetary policy steady came as the yen has fallen 9% against the dollar so far this year, hitting a 34-year low of 156. (Photo by Yutaka Miyaguchi)
Bank of Japan

BOJ stands pat, gives no hint of imminent tightening

Recent yen weakness has not stoked sustained inflation, governor says

26 April 2024
Unfinished residential buildings in Tongchuan, in China's Shaanxi province, in September 2023.
China debt crunch

China's distressed property developers reveal wave of job cuts

Defaulted companies carry out double-digit reductions as revenues fall, debts pile up

26 April 2024
A pit head is seen at an Anglo American platinum mine in South Africa in 2016.
Business deals

Anglo American rejects BHP's 'opportunistic' takeover offer

Deal between U.K. and Australian firms would have created world's largest copper miner

26 April 2024
Stream article image
Announcements

Benefit One to be removed from JPX-Nikkei Index 400

Deletion follows company's designation as stock 'to be delisted'

26 April 2024
Topp Jirayut Srupsrisopa said a listing of Bitkub Capital Group’s cryptocurrency exchange would create a proxy stock for Thailand’s digital services economy, in an April 19 interview with Nikkei. (Nikkei montage/Photo by Kenya Akama and Getty Images)
IPO

Thailand's Bitkub aims for ASEAN expansion with 2025 listing

Crypto exchange founder Topp hopes to create regional digital champion though IPO

26 April 2024
Masan Group's product lineup includes some of Vietnam's leading food brands. (Photo by Yuji Nitta)
IPO

Vietnam's Masan Group weighs IPO for consumer unit

Debut could raise over $1bn as CEO eyes overseas expansion

26 April 2024
Copper is a big business for Anglo American, accounting for 20% of sales.
Commodities

BHP makes $39bn bid for Anglo American amid copper rush

Australian miner proposes takeover to tap demand in EVs, renewables

26 April 2024
JERA, Japan's largest power producer, is among the companies investing in energy exchange operator Enechain. (JERA)
Energy

Soros family fund among investors in Japan electricity exchange startup

Enechain aims to stabilize wholesale prices to spur new entrants into retail market

26 April 2024
Decarbonization Partners, a joint venture between Temasek Holdings and BlackRock, on Thursday announced the final closing of its fund. (Source Photos by Reuters and AP)
Climate Change

Singapore's Temasek and BlackRock venture closes $1.4bn climate fund

Japan's Mizuho and MUFG join investment vehicle to push decarbonization

25 April 2024
An advertisement for bitcoin and cryptocurrencies in Hong Kong. The city is on a mission to make itself a hub for trading the digital assets.
Cryptocurrencies

Hong Kong crypto hub takes shape with approvals, hiring

Binance-backed platform's former CEO has joined securities commission, sources say

25 April 2024
Some players are investing in foreign bonds, anticipating that the yen will eventually strengthen against the dollar.
Insurance

Japan insurers to halve bond purchases, awaiting next BOJ hike

Industry leaders turn to alternative assets to lift returns in meantime

25 April 2024