Changing taxes on inheritance, dividends and capital gains, is likely to prove difficult because it requires approval by the opposition-controlled National Assembly. 
Markets

South Korea election a minor setback for capital market reform

Opposition hold on National Assembly expected to hinder tax incentives

11 April 2024
It hasn't cost 152 yen to buy a dollar since 1990. If the Japanese government does not step into the market, analysts say a dollar might soon cost 155 yen.
Currencies

Yen tumbles to 153 against dollar on U.S. inflation, raising intervention risk

All eyes on whether Japanese government steps in to halt decline

11 April 2024
The South Korean market has begun to benefit from the rise in semiconductor stocks. (Nikkei)
Markets

South Korea stocks see record foreign buying on appetite for chips

AI fever spurs investors toward Samsung and other 'Korea discount' names

11 April 2024
The collapse of the Francis Scott Key Bridge in late March has significantly affected exports out of the Port of Baltimore.
Supply Chain

U.S. coal exports take hit after Baltimore bridge collapse: EIA

Japan the top importer of steelmaking coal from the port

11 April 2024
A worker in Chile checks a shipment of copper bound for Asia. China is the world's largest consumer of the metal.
Commodities

Copper hits 1-year high amid economic green shoots in China

Signs of manufacturing recovery on strong U.S. demand buoy metals and stocks

11 April 2024
A 7-Eleven convenience store in Tokyo. The chain's operator says it intends to focus on growing the business in North America.
Business deals

Japan's Seven & i set on growing 7-Eleven business through M&A

Operator eyes IPO of struggling supermarket business at earliest possible date

10 April 2024
The logo of Ping An Insurance, the parent of Ping An Trust, is seen at an internet conference at the National Convention Center in Beijing.
China debt crunch

China insurer Ping An's trust arm misses payment over property downturn

Product reportedly worth $100m was invested in project by troubled developer Zhenro

10 April 2024
U.S. Federal Reserve Chair Jerome Powell in Washington on March 20: Some observers now expect the Fed to stand pat on rates this year. 
Opinion

U.S. rate cut doubts are a headache for Asian central banks

Preempting the Fed would bring depreciation pressure and drive outflows

10 April 2024
A bulk carrier docks at the Ukrainian seaport of Pivdennyi in the Black Sea. The war with Russia has disrupted commodity shipments from Ukraine.
Interview

Ferrexpo to ship Ukraine iron ore to Japan again within 3 years: chair

Black Sea ports closed in Ukraine war have reopened, Lucio Genovese says

10 April 2024
Chinese buyers have historically been extremely sensitive to shifts in wheat prices.
Commodities

China shakes wheat market with canceled shipments from U.S., Australia

Buyers seek better prices under Beijing's push to boost food security

10 April 2024
Microsoft, Google and Amazon are among the companies stepping up their investments in data centers in Japan. (Source photos by Reuters and Microsoft)
Companies

Microsoft to invest $2.9bn in Japan data centers amid AI boom

Move comes in response to push for 'data sovereignty' among governments

9 April 2024
A residential construction site in Dalian, Liaoning province. The pressure on banks in China's northeast is acute as the country grapples with a prolonged real estate slump. (China Daily via Reuters)
China debt crunch

China's property crisis hits small regional banks harder than big players

Northeastern institutions suffer sharp increases in bad loans to developers

9 April 2024
The Tokyo Stock Exchange has seen an increasing number of inquiries from Southeast Asian startups considering IPOs. (Photo by Mizuho Miyazaki)
Startups

Indonesian VC recommends Tokyo IPO amid Japan stock boom

Indogen Capital says Nasdaq 'too far' to reach for Southeast Asian startups

9 April 2024
Warren Buffett visited Japan in April 2023 to reaffirm his confidence in his trading house investments.  (Photo by Shinya Sawai) 
Markets

Buffett-backed Japan trading houses rise on high shareholder returns

Report on Berkshire Hathaway's yen bond issuance lures further investment

9 April 2024
The Tokyo Stock Exchange's top tier has experience a shakeout over the past two years. (Photo by Yutaka Miyaguchi)
Markets

Tokyo Stock Exchange's Prime market sheds 20% of listed companies in 2 years

Firms shift to lower tier or go private in face of tougher standards

9 April 2024
The flag of property developer Shimao Group flutters next to a Chinese flag in Shanghai. 
China debt crunch

China Construction Bank seeks wind-up of property developer Shimao

Hong Kong petition raises questions over company's 'white list' projects

8 April 2024
At least three Singapore-listed REITs have increased their stakes in data centers over the past year, with analysts predicting similar moves by other real estate investors in Asia. (Nikkei montage/Source photos by Reuters and Yo Inoue)
Market Spotlight

Singapore REITs snap up Japan data centers amid AI boom

Acquisitions show investors' hunger in Asia for tech-related property assets

8 April 2024
The Nikkei Stock Average's fall was larger than those of other big regional indexes. South Korea's Kospi was down around 1%. (Photo by Yutaka Miyaguchi)
Markets

Yen, oil rally; Japan stocks fall as geopolitical tensions flare

Nikkei Stock Average down almost 1,000 points, or 2.5%, at one point

5 April 2024
A conveyor belt carries chunks of raw cobalt in the Democratic Republic of Congo, where Chinese companies dominate the mining sector. 
Supply Chain

Australian cobalt refiner bets on demand for 'ethical' China-free EV metals

Project pushes ahead despite price slump in key battery ingredient

5 April 2024
Myanmar soldiers salute during an Armed Forces Day parade in Naypyitaw on March 27.
Myanmar Crisis

As Myanmar starts military draft, many flee the country

Potential recruits' departures drive national currency to near-record weakness

5 April 2024
The Nikkei Stock Average has climbed 52% since the end of 2022. (Photo by Mayumi Tsumita)
Markets

Japan stocks boosted by $51bn in foreign cash, led by U.K.

Middle East oil money flowed in from London in fiscal 2023 as investors shunned China

5 April 2024
Tokyo's main index closed the morning session on April 4 at 40,101.82, up 649.97, or 1.65%, from the previous day's closing. It was up 791.47, or 2.01%, at one point. (Photo by Yuji Murakami)
Markets

Japan's Nikkei average jumps 2% as domestic investors buy stocks

Revamped NISA program benefits Japan shares at last, creates pleasant surprise

4 April 2024
U.S., Asian and European central banks are among the participants in a Bank for International Settlements-led trial of tokenized central bank money.
Currencies

Top central banks to lay groundwork for instant digital cross-border payments

BOJ and New York Fed join tokenization project for faster, cheaper transactions

4 April 2024
More people are turning to rentals in the U.S. in the face of rising interest rates for mortgages. (Photo by Kazuki Yamaguchi)
Construction

Sumitomo Forestry to add 10,000 U.S. home rentals a year through 2027

Japanese builder has $350m war chest for additional American acquisitions

3 April 2024
A nearly empty shopping mall in Beijing on March 8. Experts from major banks and institutions see China's economic downturn deepening in the years ahead. (Photo by Mizuho Miyazaki)
Economy

China economists flag GDP slowdown despite Beijing's 'bright future' talk

Specialists project sub-5% rates in years to come amid property woes, other issues

3 April 2024