There is nothing healthy about a central bank owning stocks equal to Singapore's GDP. (Photo by Nikkei)
Opinion

BOJ's next challenge will be to pull back from stocks and bonds

Curtailing of purchases and paring of portfolio risk driving market turmoil

27 March 2024
Commercial land values in Tokyo have risen 7% on the year as companies bring workers back to the office. (Photo by Konosuke Urata)
Property

Japan land prices rise most in 33 years, but foreign investors shy away

Tourism rebound, chip investment and returns to office buoy prices around country

27 March 2024
Alibaba currently holds a 64% stake in Cainiao.
IPO

Alibaba cancels planned IPO of logistics unit Cainiao

E-commerce group has proposed buying all outstanding shares

27 March 2024
Capital investment in 5G networks by Chinese state-owned telecom operators has peaked. (Photo by Kenji Kawase)
Telecommunication

Chinese state telecoms' 5G investment tops out while dividends surge

Capex to decline further as government pushes for enhanced market values

26 March 2024
There were 1,400 single-family offices that qualified for tax incentives as of the end of 2023, a rise of 27% from the end of 2022, the latest official figures show.
Wealth Management

Singapore sets response deadline for family office applications

Regulator MAS set to disregard paperwork if no reply given in 1 month

26 March 2024
BYD sold more than 3 million vehicles in 2023 and is reportedly targeting 4 million this year.
26 March 2024
Kaisa Group Holdings, a midsize developer in default, says its net loss for 2023 is expected to have widened from the year before, an example of flowing red ink in China's distressed property sector.
China debt crunch

China's distressed property developer losses start to pile up

Evergrande withdraws New York bankruptcy application

25 March 2024
China Chengtong boasts a prestigious AAA credit and debt rating.
Caixin

China state-owned investment firm's 30-year bond is oversubscribed

Investors queue up for ultra-long-term credit debt issued by China Chengtong

25 March 2024
The Bank of Japan overhauled its monetary policy on Tuesday, and ended the purchases of exchange traded funds. (Nikkei montage/Source photo by Reuters) 
Market Spotlight

Japan stocks could grow more volatile with end of BOJ ETF purchases

Central bank had bought most of country's exchange traded funds

25 March 2024
Andrew's granny flat, stands next to the family home in suburban Sydney. (Photo by Rurika Imahashi)
Property

In Australia, 'granny flats' gain traction as rents skyrocket

Housing shortage gives homeowners a way to monetize extra space

24 March 2024
The wholesale price of imported U.S. beef used for beef bowls has hit a record high. (Photo by Konosuke Urata)
Markets

U.S. drought and weak yen lift Japan's beef import costs

Highest wholesale level since 1991 could raise restaurant prices

24 March 2024
Indonesia's furniture and handicraft industry is facing pressure due to a new European Union regulation aimed at fighting deforestation. (Photo by Nana Shibata) 
23 March 2024
BOJ Gov. Kazuo Ueda insists the central bank's policy will remain accommodative, but the weakening yen might force his hand. (Source photos by Uichiro Kasai and Akira Kodaka) 
23 March 2024
The Nikkei Stock Average marked another record-high close Friday. (Photo by Tomoki Mera)
Markets

Japan stocks on hot streak as market prices in 10% profit growth

Investors expect rosy projections during April-May earnings releases

23 March 2024
The former headquarters of Anbang Insurance Group, in Beijing: The conglomerate collapsed after a debt-fueled acquisition spree and was seized by the government in February 2018.
Caixin

China tries to fill multibillion-dollar insurance black hole

Fears some may not be able to pay maturing policies grow as industry sinks

22 March 2024
Chinese insurance group Ping An's asset management business is being buffeted by volatile stock markets in Hong Kong and mainland China.
Finance

China's Ping An hit by $2.7bn loss in asset management business

Insurance group says stock price falls out of line with company fundamentals

22 March 2024
Telecommunications operations produced a smaller share of CK Hutchison's earnings in 2023 due to the effects of inflation.
Companies

Hong Kong's CK Hutchison takes 36% hit to profit amid inflation

Victor Li, son of founder Li Ka-shing, wary of continued economic uncertainty

22 March 2024
BlackRock CEO Larry Fink speaks with Nikkei in Tokyo on March 21. (Photo by Nikkei)
Finance

Japan stocks have 'more upside' amid weak yen: BlackRock's Larry Fink

CEO welcomes BOJ ending negative rates and sees first Fed cut in June

22 March 2024
The construction site of an office building owned by the Aoyuan group in Hong Kong in November 2021.
China debt crunch

Chinese developer Aoyuan completes offshore debt restructuring

Courts approve plan replacing dollar bonds with ones maturing in 2031

21 March 2024
In the last three business days, the Nikkei Stock Average has risen more than 2,000 points, suggesting short-term investors are jumping back into the market.  (Photo by Rie Ishii)
Markets

Japan's Nikkei average closes at all-time high after BOJ policy shift

Dovish stance of U.S. Fed encourages investors to buy risk assets

21 March 2024
The ringgit's fall against the Singapore dollar creates gains for Malaysians working in Singapore.
Currencies

Malaysians working in Singapore gain spending power as ringgit slumps

Migrants eye properties, cars at home as salaries rise in local currency terms

21 March 2024
The Bank of Japan on March 19 scrapped its negative interest rate policy, raising rates for the first time in 17 years.
Bank of Japan

BOJ's next rate hike in spotlight as investors eye July or October

Hawks see possible summer move if inflation resurges; doves look beyond 2024

21 March 2024
Major coffee producing countries like Vietnam and Indonesia are forecast to have sharp drops in output this year.
Commodities

Coffee bean prices soar to new highs on Asia's expanding middle class

Vietnam and Indonesia face weak harvests, raising pressure on retail pricing

21 March 2024
The yen is approaching a multidecade low marked in 2022. (Photo by Shinya Sawai)
Currencies

Yen hits upper 151 range to dollar despite BOJ rate hike

Interest gap with other economies seen persisting after end to negative rates

21 March 2024
BOJ Governor Kazuo Ueda answers reporters' questions on March 19. (photo by Koji Uema)
Bank of Japan

What's next for the BOJ after its exit from negative rates?

Yen and inflation in focus as investors look past 'lost decades'

20 March 2024