Business deals
Mitsui Sumitomo enters Singapore health insurance via local stake
Japan firm eyes expansion into Indonesia and Vietnam markets
Property
Japan ranked as Asia's most transparent property market by JLL
Environmental rules spur rise to 11th place while Singapore enters top tier
Business deals
Nippon Steel says not told of Biden block on U.S. Steel buyout
White House set to bar $15bn acquisition, according to media reports
Business deals
7-Eleven owner to tell Couche-Tard $40bn buyout offer too low
Japanese company will send letter as early as Friday, source says
Property
Hong Kong's major property developers suffer from revaluation losses
Reassessments eat into bottom lines as rents drop in weakening economy
Energy
Malaysia's Petronas logs 19% profit fall on lower gas prices
State energy group says geopolitical and macroeconomic factors affect outlook
Finance
Malaysian central bank keeps key rate steady amid modest inflation
Bank expects 2024 economic growth at upper end of its 4% to 5% projection
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All about chips
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
China debt crunch
China's once-acquisitive Fosun unloads Thomas Cook after 5 years
Sale of travel brand continues downsizing effort as debt burden rises, profits drop
Semiconductors
India signs chip deal with Singapore during Modi visit
Indian PM meets counterpart Lawrence Wong to bolster supply chain
Transportation
Indonesia's GoTo exits Vietnam after battle with Grab, Shopee
Ride-hailing and delivery service focuses on Singapore outside home market
Pharmaceuticals
Europe reliant on Chinese drugs after local products priced out
EU wants to wrest control back from Chinese producers but no clear path ahead
Semiconductors
Vietnam proposes chip incentives from tax breaks to faster visas
Draft tech law offers grants and deductions despite global minimum tax deal
Food & Beverage
South Korea's Jinro maker targets tripling overseas soju spirit sales
HiteJinro will use Vietnam plant to meet growing Southeast Asian demand
Education
Japan's Gakken turns to Vietnam, Malaysia in tutoring push abroad
Goal of 400,000 overseas students by 2030 centers on Southeast Asia
Business deals
Bain Capital, KKR bid for Fuji Soft ahead of Japan's '2025 digital cliff'
Demand to modernize systems surges as aging workforce is set to retire
Finance
Japan megabanks to tap blockchain and SWIFT for instant trade payments
Cross-border settlement system aims to slash transaction costs for businesses
Indo-Pacific
Pentagon to set up military repair hubs in 5 Indo-Pacific countries
U.S. eyes global network of sustainment, expanding to Europe and Latin America
Retail
IKEA to launch 500 new low-priced products in China over next year
Young consumers tighten purse strings as the economy struggles
Automobiles
Volvo abandons 2030 EV-only target as demand slows
Swedish automaker expects to still offer hybrid models at target date
Business deals
IHH Healthcare to acquire Malaysia's Island Hospital for $900m
CEO Prem Kumar Nair's first planned acquisition offers gains in medical tourism
Semiconductors
SK Hynix and Samsung seek closer ties with Taiwan's supply chain
AI opportunities and challenges drive unprecedented push for collaboration
Retail
Alibaba to let rival Tencent's payment app into its 'walled garden'
Taobao and Tmall sellers will be able to accept WeChat Pay
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Announcements
Nikkei 225 to add NRI and Muji owner in semiannual review
Replacement to remove Nippon Paper Industries and DIC, effective from Oct. 1
Hong Kong security law
Hong Kong economic, security pressures sour Japanese business sentiment
Survey shows deepening concern over personnel exodus and information restrictions