A JD.com logistics center in Beijing. The company faces an increasingly competitive e-commerce landscape.
Companies

China's JD.com announces $5bn share buyback plan

Move comes days after Walmart unloaded entire stake in e-tailer

27 August 2024
Big tech companies like Meta and Google have raised concerns over Malaysia's social media licensing plan. 
Technology

Malaysia's social media licensing plan draws criticism from Big Tech

Industry group calls for pause, says new rules disrupt nation's digital economy

27 August 2024
A Sony PlayStation 5 display at an electronics store in Tokyo. The price of the PS5 console has now been raised for the third time in Japan.
Media & Entertainment

Sony to raise PlayStation 5 price by 20% in Japan

Conglomerate cites difficult external environment as global sales fall

27 August 2024
BMW's iX5 Hydrogen fuel cell vehicle. The German carmaker and Toyota are deepening a partnership to manufacture more affordable fuel cell vehicles amid slowed growth among electric vehicle models. (Photo by Yuki Nakao)
Automobiles

Toyota and BMW to form alliance in fuel cell vehicle manufacturing

German auto giant aims to start mass production in a few years

27 August 2024
An Uber sign is displayed at the company's headquarters in San Francisco. 
Companies

Dutch watchdog fines Uber $324m over driver data transfers

Ride-hailing giant denies wrongdoing, says punishment 'completely unjustified'

27 August 2024
Officials on Aug. 8 examine an electric car that caught fire in the underground parking lot of an apartment complex in Incheon, South Korea, a week earlier.
Electric vehicles

Battery fire in Incheon risks cooling South Korea's EV fever

Tough regulations expected as authorities strengthen safety measures

27 August 2024
Canadian Prime Minister Justin Trudeau.
Automobiles

Canada to impose 100% tariff on Chinese EVs, following U.S. lead

Trudeau says Beijing 'is not playing by same rules'; China calls move 'protectionist'

27 August 2024
Isuzu plans to use the trucks to transport cargo between logistics warehouses. (Photo by Hirotake Kitagawa)
Automobiles

Isuzu to develop self-driving trucks with U.S. startup

Japanese automaker hopes to put fully autonomous vehicles on road by fiscal 2027

27 August 2024
Children from a kindergarten read at a public library in Yantai in eastern China's Shandong province. The number of children enrolled in preschool education fell by 5 million in 2023 to 40.92 million, the lowest figure since 2014. (FeatureChina via AP)
Asia Insight

China's kindergarten closures foreshadow economic hit from falling births

20,000 schools shut in two years; Beijing seeks urgent solutions as workforce shrinks

27 August 2024
SBI is expected to lead Preferred Networks' next funding round. (Source photos by Nikkei)
Semiconductors

Japan's SBI to take big stake in AI unicorn Preferred Networks

Investment is part of financial group's entry into semiconductor industry

27 August 2024
Banks in China's Jiangsu province have been accused of manipulating government bond prices. (Photo by Noriyuki Doi)
Bonds

China central bank fears Silicon Valley Bank redux as yields sink

PBOC rushes to curb possible bond bubble via guidance and regulatory enforcement

27 August 2024
Bill Chang, left, CEO of Singtel's Digital InfraCo, shakes hands with Hitachi Executive Vice President Toshiaki Tokunaga. (Photo by Hitachi)
Technology

Hitachi and Singtel deepen AI data center collaboration

Partners to combine strengths to improve efficiency

27 August 2024
An IBM office in Shanghai. The company entered China in 1984. (Photo by Tomoko Wakabayashi)
Technology

IBM to close China R&D operations, affecting 1,600 workers: reports

Tech companies suffer fallout from rising tensions between Beijing, Washington

27 August 2024
The Bank of Thailand is watching for government policies under new Prime Minister Paetongtarn Shinawatra. (Photo by Rie Ishii)
Currencies

Thai baht hits 13-month high against dollar on economic hopes

Digital wallet policy, U.S. rate speculation sway exchange rates

26 August 2024
China's PDD Holdings is the parent company of Chinese app Pinduoduo and cross-border e-commerce platform Temu.
Retail

PDD shares plummet as Temu protests in China continue

Online retailer says profit will drop since high revenue growth not sustainable

26 August 2024
Taiwan-listed Asia Cement Corp, the majority shareholder of Asia Cement (China), wants to take the Hong Kong company private.
Equities

Shareholders of Asia Cement (China) reject main owner's offer

Taiwan-listed cement company privatization bid amid China's property woes

26 August 2024
A cooking oil production like in China's Shandong province. Chinese authorities said the use of tainted tankers to move such oil "violated basic common sense and tramples on moral bottom lines and legal red lines."
Food & Beverage

China fines Sinograin, others for moving cooking oil in unclean tankers

Authorities call violations 'extremely severe' in rush to ease safety fears

26 August 2024
Japanese yen traded at 143.59 to the dollar at one point on Monday morning, the highest level since Aug. 5. (Nikkei montage / Source photos by Reuters, Uichiro Kasai and Mizuho Miyazaki)
Currencies

Yen carry trade to grow once volatility ebbs, strategists say

Despite recent trend, Japan-U.S. interest rate spread to remain wide in short term

26 August 2024
Private debt funds in APAC are relatively young, only five years old or so, and haven’t been through a full credit cycle.
Markets

Asia's private debt market faces test amid higher rates, economic slowdown

Nascent investing space sees fund-raising drop to a third of 2021 peak

26 August 2024
Some credit card companies are becoming more cautious about the kinds of content publishers they are willing to work with. 
Media & Entertainment

Japan's adult manga sellers fear global credit card companies' wrath

Creative expression in tension with trend toward protective restrictions

26 August 2024
Students take part in a trial free lunch program at an elementary school in Tangerang, Indonesia, on Aug. 5.
Startups

Indonesia hopes startups play big role in free school lunch plan

Gojek drivers participate in trial, agritech company keen to procure ingredients

26 August 2024
Pavel Durov, co-founder of the Telegram messaging app, pictured here in Indonesia in 2017, was detained at a Paris airport on Aug. 25. Authorities say the platform has been used for illegal activities.
International relations

France arrests Telegram CEO Pavel Durov at Paris airport

Messaging platform accused of being used for money laundering, drug trafficking

26 August 2024
With rents up nearly 40% in the last five years and vacancies at under 2%, Australia residents are finding it increasingly hard to secure housing. (Nikkei montage/Source photo by Getty Images) 
Market Spotlight

Australia housing prices, rents surge as supply shortage deepens

Affordability emerges as political issue for Albanese government

26 August 2024
With Malaysian equities leading the way, the rally in Southeast Asian stocks has been underpinned by expectations of a September rate cut by the U.S. Federal Reserve.
Markets

Investors turn to ASEAN markets as inflation's grip loosens

Weakening dollar provides tailwind to region's high-growth economies

26 August 2024
The Hara Cafe is located in Hong Kong's bustling Tsim Sha Tsui district. (Photo obtained by Nikkei)
Life

All aboard: Life-size Japanese model trains debut at Hong Kong cafe

Retro railcars by world-renowned modeler Hara transport guests to 1920s Japan

25 August 2024