Food & Beverage
Budweiser group's China beer sales plunge by double digits
APAC CEO blames drop-off on COVID reopening hangover, weather, weak consumption
#techAsia
China e-commerce shifts gear and TSMC heads to Europe
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
Equities
Japan's Nikkei average drops 3.5% as yen jumps to 148 per dollar
BOJ governor's hawkish posture weighs on stocks of exporters like auto companies
Commodities
Albemarle cuts back lithium processing in Australia amid price slump
Move deals another blow to country's critical mineral ambitions
U.S. elections 2024
Who in Silicon Valley is supporting Trump -- and why?
Backers concentrated in cryptocurrency community and defense tech sector
Politics
China's cyberspace ID proposal triggers fear of stricter social control
Lawyers worry system would expand surveillance and make access a licensed privilege
Equities
Thailand's top stocks reap gains on digital wallet rollout
Food retailers, convenience stores and lenders among main beneficiaries
Artificial intelligence
AI companies should share revenue with manga artists: Japan lawmaker
Akamatsu suggests AI services set aside 1% of earnings for cultural projects
Companies
Qualcomm revenue from China smartphone makers grows 50%, driven by AI
Chipmaker says loss of Huawei export license will affect future earnings
Economy
Fed holds rates steady, nods to possible September cut
Powell says U.S. economy 'moving closer' to appropriate point for lower borrowing costs
China up close
Analysis: 'Chinese dream' gives way to an urban legend in Shenzhen
Real estate heartache leads to a tale of couples feigning divorce to get a loan
Companies
Hitachi leans into IT services and power grid, fueling 150% profit surge
Long-term restructuring efforts bear fruit in April-June quarter, tapping AI demand
Semiconductors
Samsung's comeback marred by AI chip woes despite strong Q2
South Korean company lags behind rivals in producing advanced HBM semiconductors
Markets
Nvidia and ASML surge after reports of U.S. export control exemptions
U.S. tech stocks rally on renewed AI enthusiasm
Equities
China EV price wars weigh on BYD, Japan automaker stocks
Chinese subsidies, improved quality add to headwinds faced by Nissan, Honda
Currencies
Yen jumps on BOJ chief's hawkish stance
Kazuo Ueda remains open to further rate hikes, pending economic growth and inflation
Transportation
Japan's JAL and ANA see Q1 revenue growth but profits drop
Major airlines hit by rising fuel and maintenance costs due to weak yen
Economy
Taiwan's Q2 GDP tops forecasts on AI boom
Economy grows more than 5% as full-year picture brightens
Bank of Japan
Bank of Japan raises interest rate to 0.25%, open to further hike this year
Central bank to cut bond purchases by half within 2 years
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Announcements
Nikkei 225 to cap Fast Retailing share weight in index calculation
Uniqlo owner is 1st case of Nikkei Stock Average's rule introduced in 2022
Finance
HSBC sets $3bn share buyback as current and next CEOs assess direction
Interim profit dips slightly; incoming Elhedery says Quinn leaves bank 'where we wanted to be'
Automobiles
Toyota handed corrective order for certification violations
Japan's transport ministry uncovers intentional misconduct and irregularities
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Supply Chain
Cost is key for Southeast Asia to attract EV investment, BCG says
Consultancy says region is a focus for 'all investors' in the supply chain
Finance
Alternative investors shifting assets into Japan, India: Preqin
Overall fundraising in Asia drops to 10-year low on China concerns
China debt crunch
Hong Kong hotel operator reveals investment losses from Evergrande bonds
Asia Standard's developer-dominated portfolio hit by two winding-up orders