Artificial intelligence
Japan's Sakana AI worth $1.5bn in latest megabank fund raise
Top-tier companies invest $70m in partnerships to boost operating efficiency
Economy
Japan land prices see sharpest rise since 1992 on tourism, foreign investment
Commercial land saw a 2.4% jump while residential land rose 0.9 %
Markets
Midea shares rise 8% in Hong Kong after $4bn offering
Chinese appliance maker expands issuance as bourse leans on mainland companies
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Announcements
Nikkei Stock Index 300 to add Japan Post Bank and 2 others
Reshuffle to remove three existing companies, effective from Oct. 1
Trade
Australia secures trade deal with UAE, eyes cash for critical minerals
Agreement will boost exports by AU$678m a year, minister says
Finance
Singapore leads new finance system to speed ASEAN decarbonization
Transition credits to turn early coal plant closures into win-wins
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Transportation
Japan's ANA Holdings faces uphill battle to lift valuation
Aviation group bets on international travel to propel post-COVID ambitions
Education
Japan to issue grants to build academic ties with Europe on AI, chips
Program aims to solve talent shortage in critical fields at universities
Semiconductors
Intel to make custom AI chip for Amazon Web Services
Chipmaker also awarded up to $3bn in government funding for chips for U.S. military
Opinion
Asia's private equity needs to adapt to a new slower growth reality
Firms must transform by focusing on value creation and operational expertise
Retail
Uniqlo sister brand GU launches New York HQ in U.S. push
Japanese budget brand looks to expand beyond Asia toward goal of tripling revenue
Semiconductors
Japan chip industry suppliers hunt for clients in Taiwan
TSMC expansion prompts Kyushu companies to home in on critical market
US-China tensions
TikTok fights sell-or-ban law in first U.S. court hearing
Judges question whether app's Chinese ownership excludes it from constitutional protection
Media & Entertainment
'Shogun' dominates Emmys as Hollywood pursues diversity on-screen
Tale of feudal Japan wins over viewers embracing subtitles and new perspectives
Insurance
Japan's Tokio Marine to sell hourly car insurance for ride-hailing
Coverage tailored to country's limited version of service to offer lower premiums
Business trends
Chinese deal activity shifts toward emerging markets and into greenfields
New database shows Chinese outbound investment behavior has changed postpandemic
Afghanistan turmoil
Taliban suspends polio vaccines in Afghanistan, U.N. says
As in Pakistan, failure of campaign to halt debilitating disease continues
Currencies
Yen highest since July 2023 as market awaits harsh Fed rate cut
Japanese currency hits 139.58 against dollar ahead of upcoming meeting
IPO
India's Bajaj Housing Finance stock more than doubles in debut
Share price jump values company at $16bn, as IPO market continues to boom
Work
Indian police detain 104 Samsung workers after weeklong strike
Staff at key Chennai site demand higher wages, better hours, union recognition
Opinion
Japan's next PM must take bold action on corporate governance reform
FSA's latest efforts are promising, but fundamental changes are long overdue
Caixin
Freight rates plummet as China's export growth slows
Shanghai container index for North America route down nearly 40% from July highs
Education
More international students work in Japan, but face barriers
Language hurdles remain problematic despite increasing demand for labor
Media & Entertainment
'Shogun' claims best drama series at TV's Emmy awards
Japanese stars Hiroyuki Sanada and Anna Sawai win acting awards
Consumer
China's restaurants battle for solo diners, from pizza to hot pot
Shrinking households and economic jitters fuel demand for smaller servings