The Shanghai Composite Index was down 6.2% for 2024 so far as of Feb. 6, even as U.S. and Japanese stocks have rallied.
Markets

China halts stock slide with state-backed ETF buys, short-selling curbs

But help from 'national team' appears insufficient to restore investor confidence

7 February 2024
Thailand, which had Asia's worst-performing market last year, has faced calls to raise the standard of listed companies and prevent corporate scandals.
Markets

Thai SEC tightens listing rules, criteria for marking troubled stocks

Regulator also considers measures to curb high-frequency trading

6 February 2024
An unfinished China Evergrande residential project in the city of Shijiazhuang: Developers' operations and assets remain mostly based in mainland China.
Opinion

Evergrande's liquidation will not pay off for foreign investors

Bondholders who took Chinese developer to court may get only emotional satisfaction

6 February 2024
The price war picked up pace after the expanded NISA program, which allows individuals to invest up to 18 million yen in a dedicated account subject to tax exemption, was announced in December 2022. (Photo by Satoko Kawasaki)
Wealth Management

Japan's NISA program fuels index fund price war

Tax-free investment scheme drives record inflow into overseas-focused passive funds

6 February 2024
BOJ staff see me off as I left from the bank's headquarters on my retirement on April 7.
Haruhiko Kuroda

Leaving the BOJ governorship: Haruhiko Kuroda (27)

Kuroda's long run as head of the Bank of Japan ends amid international discord

6 February 2024
China ended 2023 with the world's worst-performing equity market, with the blue-chip CSI 300 Index falling for a third year and plunging 35% over 36 months.
Caixin

Private equity in China heads for exits amid three-year stock slump

Intensifying geopolitical tensions have dragged on markets

6 February 2024
Mitsui Fudosan has been involved with Tokyo Disney Resort operator Oriental Land Holdings since its inception. (Photo by Yutaka Miyaguchi)
Travel & Leisure

Activist fund Elliott pushes Mitsui Fudosan to dump Tokyo Disney stake

Japan developer should put proceeds toward $6.7bn share buyback, U.S. fund says

6 February 2024
Using the yardstick of the ratio of average home price to average income, living in Tokyo is less affordable than New York. (Photo by Konosuke Urata) 
Opinion

Tokyo-style housing policy won't solve New York's problems

Quick fixes will not patch over differences in affordability, crime and schools

6 February 2024
China's Alibaba Group Holding faces regulatory headwinds and dimmer consumer spending growth prospects at home.
Markets

U.S. nears half of global stock market cap as Alibaba, Tencent falter

Chinese tech groups have fallen out of the world's 10 most valuable companies

6 February 2024
The output of lithium projects in South America, such as this one in Chile, have contributed to the glut in the material.
Commodities

Nickel and lithium prices plunge as Chinese EV demand loses steam

Production facilities shutting down due to worsening profitability

6 February 2024
Singapore's GIC is looking to sell the Hilton Fukuoka Sea Hawk hotel. (Photo by Masaru Shioyama)
Property

Japan real estate loses shine with foreign investors

Overseas investment falls to five-year low on interest rate worries

6 February 2024
The combined market value of tech platform operators such as Alibaba and Tencent has fallen by 50% to 70% since June 2021. (Photo by Tomoko Wakasugi)
Markets

China's favored state-owned companies squeeze private sector

Market cap of private concerns drops 60% in two and a half years, study finds

5 February 2024
Country Garden Holdings' total debt stood at 257.9 billion yuan ($35.8 billion) as of the end of June. 
China debt crunch

China aid program could help more than 30 Country Garden projects

Distressed developer to receive bank loans under 'white-list' scheme

5 February 2024
The downtown area of Jakarta. Indonesia's economy grew 5.05% in 2023.
Economy

Indonesia's 2023 GDP growth slows to 5.05% on weak exports

Lower commodity prices and El Nino weather hit Southeast Asian economy

5 February 2024
During the pandemic, the Bank of Japan held branch general managers meetings in a hybrid format. I am on the far left in this meeting in July 2021.
Haruhiko Kuroda

The COVID-19 pandemic: Haruhiko Kuroda (26)

BOJ works to keep Japanese economy afloat during unprecedented challenge

5 February 2024
Japanese stockbrokers reported subdued growth in retail revenue in the October-December quarter, raising questions about the durability of the recent stock market rally and the level of domestic participation in it. (Nikkei montage/Source photo by Nanami Sato)
Market Spotlight

Foreign enthusiasm over Japanese stocks yet to filter down at home

Brokers' earnings show domestic retail investors are cautious on market's prospects

5 February 2024
A Hong Kong footbridge decorated for China's National Day: Much of the foreign direct investment headed into or out of mainland China goes through the city.
Opinion

Like it or not, Hong Kong is still Asia's leading financial center

City best positioned to capture growing global interest in the yuan

5 February 2024
The world is bracing for a surge in exports of cheap building materials from China as the country continues to face a housing glut, which reached an equivalent of 50 million homes at the end of 2023.
Datawatch

Housing glut leaves China with excess homes for 150m people

Market hit by a double whammy of weak sales and population drop

3 February 2024
A construction site in China's Tianjin. The municipality's 2024 GDP expansion target of 4.5% is the lowest of all the nation's 31 provincial-level governments.
Caixin

Over half China's local governments curb their growth ambitions for 2024

Move comes after many regions missed last year's goals

3 February 2024
The Japanese currency weakened against the dollar on Feb. 2 after the release of strong employment data in the U.S.
Currencies

Yen softens to 148 against dollar on strong U.S. jobs report

Traders see smaller possibility of a Fed rate cut in March

3 February 2024
Japan's revamped Nippon Individual Savings Account program is fueling retail demand for foreign assets. (Photo by Ryutaro Yokoyama)
Markets

Japan's NISA investments seen adding downward pressure on yen

Program could spur estimated $26bn in yearly yen-selling on foreign-asset demand

3 February 2024
Japan's Government Pension Investment Fund is believed to be the second largest shareholder for Japanese companies.(Photo by Kotaro Igarashi)
Finance

Japan pension giant GPIF hit record $232bn return in 2023

Stock rally rewards fund's shift toward equities and foreign assets

3 February 2024
China's economy will face "headwinds from weak productivity and population aging" in the medium term, the IMF says.
Economy

China's economy is headed for slower growth, IMF says

GDP expansion could drop to 3% range in 2024-25 without policy response on real estate

2 February 2024
Sumitomo Mitsui Trust Asset Management President and CEO Yoshio Hishida poses for a photo in Tokyo. (Photo by Yuki Kohara) 
Wealth Management

Sumitomo Mitsui Trust expands assets abroad on Middle East mandates

Region accounts for 90% of assets from overseas, says Japanese company

2 February 2024
Shaking hands with Prime Minister Shinzo Abe as I was reappointed the governor of the Bank of Japan in April 2018.
Haruhiko Kuroda

The introduction of yield curve control: Haruhiko Kuroda (25)

BOJ's new framework intended to raise inflation, but wage growth remained sluggish

2 February 2024