Based in Singapore, ARA Asset Management has strength in commercial property investments.
12 March 2024
Daily limits are to be imposed on short-selling eligible securities, and an uptick rule will be triggered if a stock's closing price drops by 10% from the previous day. (Photo by Ken Kobayashi)
Markets

Thai SEC sets curbs on foreign-dominated short-selling

Head of regulator says it will 'not soon' allow cryptocurrency ETFs

11 March 2024
Chinese President Xi Jinping and Premier Li Qiang attend the closing ceremony of the National People's Congress in Beijing on March 11. (Photo by Mizuho Miyazaki)
China People's Congress

China NPC takeaways: Five 'no's' from the legislative 'two sessions'

Premier's presser nixed amid no signs of shift on economy, security, diplomacy, Xi loyalty

11 March 2024
Growing expectations the Bank of Japan could exit its negative interest rate policy at its meeting next week have pushed up the yen and dragged on stocks. (Photo by Yuji Murakami)
Markets

Japan stocks fall 3% at one point as yen rallies ahead of BOJ meeting

Shares expected to continue dropping in near term if yen keeps climbing

11 March 2024
Singapore offers tax incentives for family offices but is stepping up scrutiny of applications following a major money laundering case. (Photo by Ken Kobayashi)
Finance

Singapore steps up scrutiny of China wealth after money laundering case

At least two family office applications with mainland ties rejected this year

11 March 2024
The Malaysian ringgit has been buffeted by global financial and economic trends. (Source photo by Ken Kobayashi)
Market Spotlight

Malaysian ringgit's fall puts central bank, government on alert

Country 'ready' to intervene after currency hits lowest level since Asian crisis

11 March 2024
A person walks past Central Plaza, an unfinished development by China Evergrande Group, in Shijiazhuang on Feb. 1.
China People's Congress

China housing chief pledges 'reasonable' aid for distressed developers

Ni Hong says some should be 'declared bankrupt or undergo restructuring'

9 March 2024
The top four firms' share of Japan IPO audits had generally been over 80% until 2018.
IPO

Big Four's share of Japan IPO audits dips below 50% on accountant crunch

Deloitte, EY, PwC and KPMG lose ground to smaller auditors with lower fees

9 March 2024
Nvidia's share price has nearly doubled this year thanks to its near-monopoly on AI chips.
Markets

Nvidia stock on meteoric rise. Will earnings keep up?

Analysts predict faster profit growth than Apple's during iPhone boom

9 March 2024
Interest payments are the fastest-growing category for Chinese public spending in 2024.
China debt crunch

China's debt-servicing costs to top $170bn on growing bond issuances

Struggling regional governments cast shadow over country's credit rating

9 March 2024
The yen reached its strongest level in a month on March 8. (Photo by Takuya Imai)
Currencies

Yen reaches one-month high against dollar on U.S. jobs data

Fed rate cut speculation weighs down greenback against key currencies

9 March 2024
The GPIF used to earn fees of around $81 million a year by lending foreign shares.
Markets

Japan's GPIF to resume lending foreign shares

World's largest pension fund will hold onto voting rights

8 March 2024
The real estate sector "contributes nearly a third of gross domestic product," says Yin Yanlin, a senior economic advisor for the Chinese government. 
Property

China can't simply let crisis-hit developers fail: economic adviser

Yin Yanlin cites lack of alternatives to real estate's contribution to GDP

8 March 2024
The yen strengthened to the 147 range against the dollar for the first time in about a month on March 7. (Photo by Yutaka Miyaguchi)
Bank of Japan

Speculation on BOJ ending negative rates in March jolts yen, stocks

Japanese currency touches 1-month high against dollar

8 March 2024
Pocketalk mobile translation technology supports 85 languages. (Photo by Satoko Kawasaki)
IPO

Japan's Pocketalk interpreter preparing for 2025 IPO in Tokyo

Mobile translation devices popular with tourists, hospitals and schools

7 March 2024
The Malaysian ringgit has fallen to near-historic lows against the dollar.
Economy

Malaysia maintains key rate at 3.0% amid falling ringgit

Central bank says local currency 'undervalued' as economy expected to improve

7 March 2024
A man unloads fresh palm fruit in Malaysia. Demand for palm oil is expected to slow, according to experts.
Commodities

Indonesian palm oil output pressured by weak global economic growth

China, India, U.S., EU expected to buy less from major producers, experts say

7 March 2024
Construction of this apartment complex in northern China's Shanxi province stalled two years ago after the developer's funds dried up. (Photo by Iori Kawate) 
China debt crunch

China work report pledges to tackle local debt, without specifics

Annual document avoids contentious proposal to raise retirement age

7 March 2024
JD.com has expanded discounts to lure price-conscious Chinese shoppers.
China tech

JD.com shares surge 16% on $3bn buyback plan, Q4 revenue beat

Chinese e-commerce group vows to boost price competitiveness but stay 'disciplined'

7 March 2024
Lowering interest rates too much or too soon could "ultimately require even tighter policy," Federal Reserve Chairman Jerome Powell told U.S. lawmakers on March 6.
Markets

Fed's Powell warns cutting rates too soon could backfire

Central bank chief's remarks in line with markets' dialed-down expectations

7 March 2024
Bitcoin's share of the entire crypto market currently sits at close to 54%. (Photo by Wataru Ito)
Cryptocurrencies

Bitcoin market cap approaches silver with latest rally

SEC approval of ETFs and safe-haven demand among factors spurring rise

7 March 2024
The heads of China's macroeconomic management body, the finance and trade ministries, the securities regulator and the central bank speak to reporters in Beijing on March 6. (Photo by Mizuho Miyazaki) 
China People's Congress

China central banker sees full toolbox as planners vow to hit GDP goal

Top economic officials hold rare joint news conference in attempt to shore up confidence

6 March 2024
An unfinished China Evergrande Group project in Hainan province: Legally, it will be difficult for foreign creditors to recoup their losses from the group's mainland assets.
Opinion

Cleanup of China Evergrande collapse calls for coordination and clarity

HNA and GITIC bankruptcies underscore value of transparent resolution process

6 March 2024
The Nikkei Stock Average on March 4 topped the 40,000 mark for the first time, buoyed by a surge in semiconductor stocks. (Photo by Yutaka Miyaguchi)
Markets

Japan's stock market has room to go even higher, analysts say

Experts split on whether tech space is overheating

6 March 2024
The Nikkei Stock Average remained above the historically significant milestone of 40,000 on March 5. (Photo by Nanami Sato)
Markets

Japan stock rally spreads beyond chip sector to construction

Obayashi leads way with 21% gain after upgrading capital efficiency plans

6 March 2024