Volatile prices of nickel and other EV battery materials are creating headaches for Australia's resource sector. 
Market Spotlight

Australia's EV battery metals industry faces Indonesia, China challenges

Weak nickel and lithium prices force some miners to stop digging

29 January 2024
Ferdinand Marcos Jr. speaks at a summit in California in November 2023. The Philippine president heads to Vietnam this week.
Your Week in Asia

Evergrande back in court, Marcos in Vietnam, Myanmar takeover anniversary

Your weekly lineup of Asia's biggest business and political events

28 January 2024
 A man sits on an overpass near the construction site of a subway station in Beijing in 2023.
China debt crunch

China plagued by growing burden of corporate bond repayments

Redemption amount up 20% from 2023, hitting record high

27 January 2024
Younger retail investors are using NISA accounts to build assets, especially as concerns grow over the sustainability of social welfare programs. (Photo by Nanami Sato)
Markets

Japan's revamped NISA investment program set for record month

Retail investors flock to Japan Tobacco and MUFG under expanded framework

27 January 2024
Staff lower the Chinese national flag outside Exchange Square in Hong Kong.
Markets

China stimulus measures greeted with skepticism by foreign investors

Investors question why Chinese and Hong Kong shares can't get cheaper

27 January 2024
Hongqiao Station in Shanghai on Jan. 26 is packed with people traveling during the holiday season. (Photo by Tomoko Wakasugi)
Travel & Leisure

China forecasts 14% drop in travelers during Lunar New Year

Use of private cars may signal that consumers are tightening their belts

26 January 2024
Japan's central government and the Tokyo metropolitan government plan to sell shares of the railway operator Tokyo Metro. (Photo by Makoto Okada)
IPO

Japan plans to list Tokyo Metro shares after this summer

Central and metropolitan governments to cut their full ownership to 50%

26 January 2024
Thorbjoern Fors, senior vice president for Asia-Pacific at Siemens Energy, says more Southeast Asian countries are getting serious about their energy transitions. 
Energy

Siemens Energy begins year of 'actions' in Southeast Asia

German company targets cross-border grids, clean energy projects across region

26 January 2024
As president of the Asian Development Bank I attended an aid policy forum in Paris in March 2005.
Haruhiko Kuroda

Leading the Asian Development Bank: Haruhiko Kuroda (20)

Kuroda becomes the bank's president and promotes regional economic integration

26 January 2024
InnoVen Capital is a joint venture between Seviora, a wholly owned subsidiary of Singapore state investor Temasek, and one of the city-state’s largest lenders, United Overseas Bank. (Source photos by Getty Images)
Startups

Temasek-backed venture debt vehicle launches China fund

InnoVen Capital raises $130m from Chinese local government agencies

26 January 2024
Ethylene production facilities with a combined capacity of 26 million tonnes annually are slated to open in China from 2023 through 2027. (Photo by Shin Watanabe)
Materials

Japan's ethylene output hits 35-year low with China capacity set to soar

Weak Chinese demand drives petrochemical oversupply in Asia

26 January 2024
Japanese equities have soared to historic highs as they draw greater interest from international investors. (Photo by Yoshiyuki Tamai)
Markets

Japan stocks drew $10bn in net overseas buying in early 2024

Business reforms attract investors seeking alternative to Chinese market

26 January 2024
The Shanghai Composite Index rose 3% on Jan. 25 after measures to encourage lending, but still lags exchanges in the U.S. and Japan.
Markets

China stock valuations sink to 5-year low, led by finance sector

Price-book ratios slump amid investor doubts over lenders' asset quality

26 January 2024
Buying a newly built apartment in Japan's capital last year was more expensive than ever before. (Photo by Nikkei)
Property

Tokyo apartment prices hit record at nearly $800,000 in 2023

Average cost of new condos soars, with strong demand for swanky properties

25 January 2024
Hong Kong authorities have approved the issuance of tokenized securities.
Opinion

Asia is leading the way with embrace of tokenized securities

Hong Kong takes stance that technology does not require different regulation

25 January 2024
Hong Kong hosted 73 new listings last year, but the lack of mega deals meant the total raised was just 46.3 billion Hong Kong dollars ($5.92 billion).
Markets

Hopes for a Hong Kong IPO recovery hinge on two big ifs

Hang Seng Index continues to drop as investor confidence disappears

25 January 2024
China Evergrande Group, which defaulted in 2021, has more than $300 billion in liabilities.
China debt crunch

Evergrande case could test China-Hong Kong insolvency arrangement

Liquidation hearing for heavily indebted Chinese developer set for Jan. 29

25 January 2024
I held a seminar at Princeton University in the U.S. as a professor at Hitotsubashi University in 2003.
Haruhiko Kuroda

The Koizumi premiership: Haruhiko Kuroda (19)

After decades at the Finance Ministry, Kuroda becomes an adviser to the prime minister

25 January 2024
Chinese corporations and households experienced a net money outflow of $68.7 billion last year, according to official data.
Markets

China suffers first net outflow of funds in 5 years in 2023

Economic stagnation diminishes market's power to retain capital

25 January 2024
From the Philippine peso to the Australian dollar, a wide range of Asia-Pacific currencies faces weakness against the U.S. dollar. (Photo by Akira Kodaka)
Currencies

Philippine peso, Malaysian ringgit sink on China's economic woes

Trade ties to No. 2 economy spur rate cut speculation in Australia and Thailand

25 January 2024
The newly opened One City Centre in Bangkok has received a gold certification in LEED's green building rating system. (Mitsubishi Estate)
Property

Thailand's tallest office tower opens with green building status

One City Centre is Mitsubishi Estate's $250m project with Raimon Land

25 January 2024
By cutting the reserve requirement ratio, the People's Bank of China will release $140 billion of long-term liquidity into the financial market.
China debt crunch

China lowers bank reserve ratio, boosting stimulus as growth lags

Investors press Beijing to do more to regain confidence

25 January 2024
MUFG President and CEO Hironori Kamezawa wants to help Japan's drive toward becoming a global asset management hub. (Photo by Hiroyuki Kobayashi)
Interview

Japan's MUFG to make asset management its 'fourth pillar,' CEO says

Group aims to double assets under management to $1.35tn by 2030, Kamezawa says

24 January 2024
The Manila bourse expects six IPOs this year, double the number in 2023. (Photo by Ken Kobayashi)
Markets

Philippine stock exchange eyes IPO rebound after weak 2023

Interest rate cuts crucial for more new share sales this year, analysts say

24 January 2024
Bank of Japan Gov. Masaru Hayami, right, and I attend a meeting at the International Monetary Fund headquarters in Washington in September 2002.
Haruhiko Kuroda

The beginning of deflation: Haruhiko Kuroda (18)

Kuroda believed BOJ's lifting of zero interest policy in 2000 was a mistake

24 January 2024