China's ACM Research is among the chipmaking equipment companies considering participating in the joint Malaysian-Chinese expo. (Photo by Shunsuke Tabeta)
Semiconductors

Malaysia and China deepen chip cooperation with joint expo

Kuala Lumpur seeks foreign investment to upgrade its 'Silicon Valley'

8 August 2024
Nitto Denko is running a demonstration carbon-capture facility at its plant in Japan's Shiga prefecture. (Nitto Denko)
Climate Change

New, lower-cost carbon-capture materials in development in Japan

Nitto Denko, JFE Engineering and Toray work on membranes for factory emissions

8 August 2024
The government change in Bangladesh came just after its credit rating was downgraded by S&P.
Economy

Bangladesh crisis leaves global markets bracing for economic impact

Garment exporter faces new financial risks ahead of exiting 'least developed' status

8 August 2024
Daiwa Securities aims to keep more of its wealth management services in-house by offering the loans.
Wealth Management

Japan's Daiwa to launch property loans in wealth management push

Group renews focus on high net worth clients by financing deals $2m and up

8 August 2024
KKR plans to help Japanese systems developer Fuji Soft go private. (Photo by Nikkei)
Business deals

KKR eyes $4bn buyout to take Japan's Fuji Soft private

Systems developer to discuss bid amid push by top shareholder

7 August 2024
Tan Su Shan, right, was appointed DBS Group Holdings deputy chief executive on Aug. 7 and will replace Piyush Gupta, left, as CEO next year. They are pictured with DBS Chairman Peter Seah. (DBS Group Holdings)
Finance

Singapore's DBS chief Piyush Gupta to step down after 15 years

Deputy CEO Tan Su Shan to take post next year as first female leader

7 August 2024
The Peninsula Hotel in Hong Kong. The luxury group has struggled to maintain earnings momentum. (Photo by Ken Kobayashi)
Travel & Leisure

Peninsula Hotels operator slips back to net loss, hit by 'weak' Hong Kong

Reported detention of Myanmar partner 'nothing to do with' Yangon hotel, exiting CEO Kwok says

7 August 2024
An attendee photographs the SoftBank Group logo at the SoftBank World 2017 conference in Tokyo. Yoshimitsu Goto, the conglomerate's chief financial officer, said on Aug. 7 that its "financial status is robust and stable," despite global market volatility.
SoftBank

SoftBank restates faith in AI amid global market anxiety

Conglomerate logs smaller Q1 loss on success of chip unit Arm after Monday's stock dip

7 August 2024
Sony Group has raised its full-year net profit forecast.
Media & Entertainment

Sony hikes full-year net profit forecast to $6.7bn

Group president to 'closely' watch direction of U.S. economy

7 August 2024
Cathay Pacific, Hong Kong's flag carrier, continues to recover from the COVID-19 pandemic. (Photo by Ken Kobayashi)
Transportation

Cathay Pacific logs double-digit revenue growth as costs eat into profit

$12.8bn seven-year investment plan unveiled; chairman 'confident' in city's future

7 August 2024
Like the Japanese yen, the Chinese yuan has been used to make carry trades -- borrowing in currencies of countries with low yields and investing in those with higher ones.
Currencies

Chinese yuan rally puts central bank's next moves in spotlight

Firmer currency could enable more monetary easing, analysts say, with caveats

7 August 2024
Stream article image
Announcements

JPX-Nikkei Index 400 to be reshuffled after periodic review

Component changes for mid- and small-cap index also to take effect on Aug. 30

7 August 2024
Singapore has much in its favor for becoming one of the world's leading climate tech hubs, such as a strong startup ecosystem and government mandates for net-zero.
Opinion

Singapore's climate tech startups are set to clean up

While facing various hurdles, the city-state is well positioned to become a global hub

7 August 2024
China Evergrande Group has more than $300 billion in liabilities.
China debt crunch

Evergrande unit Kailong hit with investor liquidation petition in China

Mainland court reviewing case filed by Shenzhen-listed appliance maker Vanward

7 August 2024
Dovish comments by the Bank of Japan's deputy governor drove up stock prices on Aug. 7. (Photo by Akitoshi Sugiura)
Equities

Japan stocks close up 1% on dovish BOJ signal

Financial shares such as SMFG and MUFG are biggest gainers

7 August 2024
A Hyundai electric vehicle being charged in Seoul: Hyundai's Thai factory, to be located just southeast of Bangkok, will start production in 2026.
Electric vehicles

Hyundai to invest $28m in Thailand for EV assembly and batteries

Production to start in 2026, challenging Chinese makers' dominance

7 August 2024
HP has built up a massive China-focused supply chain for PCs but is now looking to reduce its reliance on Asia's biggest economy.   
Supply Chain

HP plans its most aggressive shift of production away from China

Thailand emerges as major factory destination as PC maker hires engineers in Singapore

7 August 2024
Murad Ebrahim, chief minister of the Bangsamoro Autonomous Region in Muslim Mindanao, speaks to Nikkei Asia in Tokyo on Aug. 6. (Nikkei montage/Source photos by Reuters and Ken Kobayashi)
Economy

Philippines' new autonomous region aims to be halal industry hub

Top official says southwest Mindanao attracting investment from Malaysia, Mideast

7 August 2024
Pre-owned homes for sale displayed at an real estate agent on June 26.
Caixin

Hong Kong pre-owned property prices hit eight-year low

While house prices continue to fall, rental market remains robust

7 August 2024
Goldman Sachs in a note said investors typically profit when they buy after a 5% selloff in the S&P 500 index.
Markets

Wall Street bounces back after global stocks rout

Fed officials push back on bearish sentiment about U.S. economy

7 August 2024
Honda trails behind Tesla and Chinese rivals in the EV race. (Photo by Yuki Nakao)
Automobiles

Honda has new alliance, but can it match Toyota on this stock metric?

Automaker needs to deliver on cost cuts, shareholder returns as it pursues EV scale

7 August 2024
Hangry Joe's "American" size chicken sandwich features a 200-gram chicken breast that sticks out of the bun. (Photo by Yui Sato)
Food & Beverage

U.S. spicy chicken chain Hangry Joe's brings heat to Japan

Teriyaki and craft beer on menu alongside signature oversized sandwich

7 August 2024
LG's "future classrooms" feature digital whiteboards linked to AI-powered robot assistants. (Photo by Nami Matsuura)
Technology

LG, Samsung eye South Korea's AI textbooks as edtech springboard

Tech companies look to tap foreign markets for robots, digital boards and apps

7 August 2024
Companies like Uniqlo are stocking more products intended for foreign tourists. (Photo by Junya Hemmi)
Retail

Japan specialty stores log record sales on foreign tourist spending

Visitors attracted by weak yen open wallets for wide range of goods

7 August 2024
Suntory wants to tap the growing market for ready-to-drink beverages, which include canned cocktails and hard seltzer. (Photo by Yusuke Yagi)
Food & Beverage

Suntory aims for gold in global ready-to-drink market

Japanese distiller looks to combine strength in soft drinks and alcohol

7 August 2024