China debt crunch
Distressed Chinese developer Kaisa gets breather from major creditors
Other players continue to scramble against winding-up petitions and mounting losses
Currencies
Malaysia, Singapore currencies rise on tight policies before Jackson Hole
South Korea and Taiwan's currencies slump, reflecting U.S. recession risk
IPO
Tokyo Metro headed for IPO as soon as October
Tokyo listing could value the subway operator at up to $4.8bn
Commodities
Australia warns of $2bn budget hole as iron ore slumps on China woes
Concerns elevated after bleak outlook from largest steelmaker
Artificial intelligence
Singapore unicorn Patsnap to expand AI-powered patent search
Startup developing industry-specific models for pharma, materials and more
Market Spotlight
Coffee prices volatile on climate, shipping crunch, forest regulation
Unpredictable weather will increase cost of production in the long run
Commodities
Taliban and Chinese partner restart copper project, reigniting worries
Pollution of nearby area, destruction of relics feared in Mes Aynak development
Retail
Mitsubishi Estate takes on Simon Property in Indonesian outlet malls
After collaborating in Japan, property giants now pursue separate development projects
Datawatch
Japan's startups struggle to grow past '2nd death valley'
Flow of funds from mature firms back to investors seen as key to more dynamism
Energy
LNG shipments shift to India, Southeast Asia as European demand sags
Extreme heat, lower prices and decarbonization push drive regional uptick
Business trends
70% of Japan companies beat market profit forecasts for April-June
Toyota, Hitachi and others lifted by weak yen and foreign demand
Economy
Hong Kong second-quarter GDP expands 3.3% on the year
City still struggles to bounce back after three-year COVID lockdowns
US-China tensions
Chinese oil company reveals loss of Utah drilling rights years afterward
Hong Kong-listed CHK Oil says board only learned of 2022 U.S. orders last week
Wealth Management
Liechtenstein's VP Bank to exit Hong Kong after 18 years
CEO Pamela Hsu Phua and COO Heline Lam resign; Singapore office to focus on Asia
Markets
U.S. indexes end higher as retail sales soothe slowdown fears
Nasdaq gains more than 2%, with S&P 500 and Dow also rising
Trade
China to restrict antimony exports in latest rare-metal curbs
Controls on flame-retardant mineral do not target specific countries, Beijing says
Property
China home prices down 8% from peak, with no end to decline in sight
Government rebuffs IMF call to support property sector despite continued woes
Commodities
Gold ETF inflows reach 2-year high, driven by expected U.S. rate cut
Heightened geopolitical risks also spur global flight to safety
Companies
Li Ka-shing's CK Group empire accelerates pivot to Europe
London listing, new acquisitions dilute exposure to Hong Kong and mainland China
Equities
U.S. Nasdaq steps up scrutiny of Chinese company listings
Heightened screening comes amid concerns over market volatility
Commodities
Australia's Pilbara Minerals makes $370m bid for Brazil lithium project
Lithium miner moves to diversify outside home market with eye on serving U.S. and EU
Economy
Philippine central bank cuts rates for first time in four years
Bangko Sentral ng Pilipina chief hints at more easing ahead despite inflation
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Announcements
Nikkei 225 to alter price-adjustment factor for Takashimaya
Change to take effect on Aug. 29, reflecting company's planned stock split
Food & Beverage
Starbucks' new CEO Brian Niccol inherits a China headache
Cafe chain faces sliding sales in No. 2 market as consumers turn thriftier
Bonds
Chinese central bank crackdown shakes bond market
Yields fluctuate after PBOC says measures have restored 'reasonable levels'