HD Hyundai Marine Solution offers shipping repair and maintenance services. Pictured is a simulation system for testing a vessel's ability to handle big waves, inclement weather and other problems the company aims to offer to customers in the future. (Photo by Kim Jaewon)
IPO

Hyundai Marine Solution targets South Korea's biggest IPO in 2 years

KKR-backed ship repair and maintenance company aims to raise up to $550 million

3 April 2024
Demand for nickel has been rising due to its use as a key ingredient in hybrid and electric vehicle batteries. But the nickel sector in Indonesia, the world's largest producer of the metal, has been overshadowed by corruption.
Commodities

Indonesia nickel concerns stoked by corruption and land disputes

Bribery charges highlight challenge of regulating lucrative sector

3 April 2024
A board in Tokyo shows the Japanese currency's exchange rate against the dollar on March 28.
Bank of Japan

Weak yen spurs speculation of further rate hikes while bond market stays calm

Inflationary pressure from import prices levels off as commodities stabilize

3 April 2024
Shares of South Korean companies have traded at a discounted valuation to those of regional peers for decades. 
Opinion

Seoul is finally getting serious about ending the 'Korea discount'

Momentum behind push for corporate governance reform can carry past election

3 April 2024
A Country Garden residential development in Shanghai is under construction. The company's contracted sales in March dropped by 83% on the year.
China debt crunch

Country Garden's monthly sales tumble over 80% again in March

Chinese developer's woes deepen as stock trading suspended

2 April 2024
Stock splits have reduced the price of entry for retail investors on the Tokyo Stock Exchange. (Photo by Mizuho Miyazaki)
Markets

Japan stock splits jump 60% as Fujitsu and Suzuki join bandwagon

Lower prices draw retail investors through NISA program, boosting market

2 April 2024
The Bank of Japan indicated it will maintain an accommodative environment despite its policy shift in March. (Photo by Yuji Murakami)
Bank of Japan

Bank of Japan bond purchases shrank 36% in fiscal 2023

Buying seen staying flat for now, but speculation on tightening grows

2 April 2024
"There's a lot of value in this market," said Newton Investment Management's Brian Ferguson. "But there's also a lot of value traps." (Photo by Kae Yoshii)
Interview

Med device stocks set for 'unleashed' demand, Newton Investment fund manager says

Brian Ferguson cautions against embracing market consensus on Fed rate cuts

1 April 2024
A logo of Italian-Thai Development is seen at a construction site in Bangkok. (File photo by Yumi Kotani)
Markets

Thai construction giant's shares plunge 30% after $29.5m loss

Italian-Thai Development pins hope for recovery on government budget

1 April 2024
Stream article image
1 April 2024
Even following the BOJ's rate hike, Japan's bond yields largely remain lower than other advanced economies, failing to temper the speculative strategies. (Nikkei montage/Source photos by Nanami Sato and Jo Miyaguchi)
Market Spotlight

BOJ's rate hike leaves wide yield gap with U.S., Europe, causes yen to slide

Lowest-yielding G10 currency's use for carry trades helps push it to 34-year low

1 April 2024
The yen-dollar exchange rate is displayed at a brokerage in Tokyo on March 22. (Photo by Nanami Sato)
Markets

On topic: Why is the Japanese yen so weak?

A collection of stories on current hot topics

31 March 2024
Apple is believed to be making around 10% less profit on the iPhone 15 Plus than its 2022 counterpart. (Photo by Kento Awashima)
Technology

Apple stock loses shine on shrinking iPhone margins

Estimated $4bn dent and antitrust headwinds loom over longtime market favorite

30 March 2024
Eager to expand abroad, Japanese exporters have become more reluctant to convert overseas earnings into yen, leading to a drying up of yen buying during Tokyo trading hours.
Datawatch

Yen falls on Japan Inc.'s reluctance to repatriate profits

Tokyo market sees net daytime yen selling for 4th straight year

30 March 2024
Japan's retail stocks have historically declined by double digits immediately after a rate hike by the Bank of Japan.
Markets

Will Japan's domestic-focused stocks recharge market rally?

Consumer spending to be key in fueling the next driver after semiconductors

30 March 2024
Australia is looking to play a bigger role in the rare earths supply chain, but it is up against a dominant China. 
Commodities

Australia doubles down on rare earths despite Chinese dominance

Ambitious strategy to boost role in critical minerals confronts market challenges

29 March 2024
As Chinese family structures and housing needs evolve, three- and four-bedroom units will become the main preference in the housing market.
Caixin

Chinese cities revise housing policy as families turn to larger homes

Easing of one-child policy led to greater demand for more spacious living areas

29 March 2024
Country Garden was unable to disclose 2023 annual results on time.
China debt crunch

China's Country Garden misses results deadline, expects trade suspension

'State advances, private retreats' phenomenon further deepens in the country

29 March 2024
J.P. Morgan Asset Management's Lee Spelman says her team is looking to "harness the power of the companies that we think are going to be the fastest growing." (Source photos by J.P. Morgan Asset Management, Reuters)
Interview

J.P. Morgan U.S. equity head eyes AI and health 'game changers'

Lee Spelman points to exploding market for weigh-loss drugs

29 March 2024
China's troubled property sector is driving up bad loans at the nation's top state banks. 
China debt crunch

Top Chinese banks warn of spillover risks from property crisis

Nonperfoming loans jump more than 10% in 2023 at four state lenders

29 March 2024
The Kia EV9. The South Korean automaker is aiming to make the electric SUV eligible for U.S. tax breaks.
Automobiles

Kia aims to qualify for $7,500 U.S. EV tax credit by early 2025

South Korean maker will start to assemble EV9 in Georgia by end of May

28 March 2024
Moves by the People's Bank of China are contributing to downward pressure on the yen. (Source photos by Kyodo)
Currencies

Yen depreciation swayed by China central bank's yuan guidance

Daily yuan-dollar exchange benchmark sends ripples through markets

28 March 2024
Japanese Finance Minister Shunichi Suzuki warned Wednesday that he would not rule out any measures and would take "decisive steps." (Photo by Jo Miyaguchi)
Currencies

Japanese yen drops to lowest in 34 years despite BOJ rate hike

Rapid depreciation of currency raises chances of government intervention

27 March 2024
Since the establishment of China’s first local financial asset exchanges in Tianjin and Beijing in 2010, the number of such institutions expanded rapidly, peaking at 80.
Caixin

China kicks off clampdown on local financial asset exchanges

Hunan, Liaoning, Xi'an and Chongqing shutting bourses to combat financial risk

27 March 2024
The yen has remained persistently weak against the dollar even after the Bank of Japan scrapped negative interest rates.
Currencies

U.S. protectionism lurks behind yen's stubborn weakness

Election-year 'Buy American' push attracts foreign money, bolstering dollar

27 March 2024