Creattura is helping rice farmers in the Philippines cut methane emissions from their paddies. (Creattura)
Climate Change

Philippine carbon credit project to reduce methane from rice paddies

Japan climate solutions firm Creattura eyes expansion to rest of Southeast Asia

16 August 2024
Facilities under construction at a Tajikistan antimony mine in 2021.
Trade

China to restrict antimony exports in latest rare-metal curbs

Controls on flame-retardant mineral do not target specific countries, Beijing says

16 August 2024
China Eastern Airlines has opened new routes connecting Shanghai to Vienna and Marseille, France. 
Transportation

Airfares from Asia fall as Chinese carriers ramp up flights

Allowed over Russian airspace, China airlines offer shorter service to Europe

16 August 2024
Condominiums on the outskirts of Beijing in February. China's biggest cities have seen housing prices fall in the past three years, though not as much as smaller regional hubs. (Photo by Mizuho Miyazaki)
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

16 August 2024
Gold futures prices are near a record high of $2,522.50 per troy ounce set on Aug. 2.
Commodities

Gold ETF inflows reach 2-year high, driven by expected U.S. rate cut

Heightened geopolitical risks also spur global flight to safety

16 August 2024
Grab accounted for 54% of ASEAN’s food delivery gross market value in 2023. (Photo by Dylan Loh)
Technology

Singapore's Grab sinks after group misses revenue forecast

Nasdaq-listed superapp provider struggles to shore up investor confidence

16 August 2024
Alibaba Group misses sales forecasts in its second quarter.
Technology

Alibaba disappoints despite strategy shifts, while JD beats forecasts

JD.com sticks to 'low price strategy' as Alibaba opts for more sustainable GMV growth

16 August 2024
The Cheung Kong Center II, developed by CK Asset Holdings, in Hong Kong. The conglomerate founded by tycoon Li Ka-shing has been snapping up assets in the U.K. this year.
Companies

Li Ka-shing's CK Group empire accelerates pivot to Europe

London listing, new acquisitions dilute exposure to Hong Kong and mainland China

15 August 2024
Fujiya launched its plant-based hamburger steak in January. (Fujiya)
Food & Beverage

Japan grilled-steak operator to offer plant-based meat in U.S.

Fujiya readies pitch for vegan-friendly food in New York and Los Angeles

15 August 2024
Listings of small to midsize Chinese companies have increased volatility on U.S. stock markets in the past, leading to a push for stricter screening of initial public offerings.
Equities

U.S. Nasdaq steps up scrutiny of Chinese company listings

Heightened screening comes amid concerns over market volatility

15 August 2024
Andreessen Horowitz's office in San Francisco. The venture capital firm's office in Japan will be its first in Asia. (Photo by Ryotaro Yamada)
Startups

Andreessen Horowitz to open Japan office for funding startups

Japan emerging as alternative to riskier China and higher-rate, tighter U.S.

15 August 2024
Pilbara Minerals is looking to diversify its portfolio with the acquisition of Latin Resources and its Brazilian lithium project. (Photo from Pilbara Minerals website)
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

15 August 2024
The central bank's monetary board has two more meetings scheduled for this year.
Economy

Philippine central bank cuts rates for first time in four years

Bangko Sentral ng Pilipina chief hints at more easing ahead despite inflation

15 August 2024
Stream article image
Announcements

Nikkei 225 to alter price-adjustment factor for Takashimaya

Change to take effect on Aug. 29, reflecting company's planned stock split

15 August 2024
Stream article image
#techAsia

China rules on AI and Vietnam draws chip designers

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

15 August 2024
Japan's GDP expanded in the second quarter of this year following a contraction in the previous three months. (Photo by Yo Inoue)
Economy

Japan's Q2 GDP grows annualized 3.1% as consumption rises

Economy rebounds from revised 2.3% contraction in January-March quarter

15 August 2024
CEO Toru Nishikawa of Preferred Networks says he want to courts oversea investors. (Photo provided by the company)
Artificial intelligence

Japan's AI unicorn Preferred Networks to court first overseas investors

Company, partners working to beat Nvidia with next-generation AI accelerator by 2027

15 August 2024
Meiji Yasuda, headquartered in Tokyo, has focused heavily on the U.S. since acquiring StanCorp Financial in 2016. (Photo by Akira Kodaka)
Insurance

Japan's Meiji Yasuda boosts U.S. strategy with Allstate unit deal

With little room to grow at home, insurers turn to world's largest market

15 August 2024
Iseki looks overseas as the domestic market for farm equipment shrinks.
Companies

Indonesia to produce 90% of Japan's Iseki farm machines for export

Japanese tractor maker shifts production as domestic demand wanes

15 August 2024
Flags of ASEAN member nations are seen. Japan aims to counter Chinese influence in the region.
Supply Chain

Isuzu, Sojitz to join Japan's ASEAN chip, EV supply chain push

15 companies to receive subsidies to build operations in Philippines, Vietnam, Thailand

15 August 2024
U.S. President Joe Biden, third from left, visits the site of a planned Taiwan Semiconductor Manufacturing Co. plant in Arizona in 2022.
Semiconductors

U.S. chip, EV industries struggle to take off despite huge subsidies

2 years after CHIPS Act and IRA, investments lag and supply chains remain China-reliant

15 August 2024
China’s Tencent Holdings logged a better quarterly result than expected on Wednesday, backed by strong growth in domestic games and online advertising. 
Technology

Tencent sales beat expectations on gaming and ad revenue

Fintech revenue up just 4% as consumer spending slows

14 August 2024
Taiwanese high-tech manufacturer Foxconn says it will begin shipping the latest Nvidia AI servers by the end of this year. 
Technology

Foxconn 'on track' to ship latest Nvidia AI servers next quarter

Taiwanese supplier downplays concerns over shipment delays of GB200

14 August 2024
A Starbucks cafe in Shanghai. The chain's comparable store sales in China plunged 14% on the year in the April-June period. (Photo by Kosaku Mimura)
Food & Beverage

Starbucks' new CEO Brian Niccol inherits a China headache

Cafe chain faces sliding sales in No. 2 market as consumers turn thriftier

14 August 2024
A worker cleans windows in Beijing's Central Business District. Chinese authorities are struggling to keep the bond market under control.
Bonds

Chinese central bank crackdown shakes bond market

Yields fluctuate after PBOC says measures have restored 'reasonable levels'

14 August 2024