China has "come to the end of its growth model" as the property slump continues to weigh on its economy, said GIC chief investment officer Jeffrey Jaensubhakij.
Property

GIC shifts to 'niche' real estate deals in China amid oversupply

Singaporean investor to reorient local team to make bets more granular

24 July 2024
Singapore's National Hydrogen Strategy calls for low-carbon hydrogen usage as a "major decarbonization pathway" to help it reach its emissions goal of net zero carbon by 2050.
Opinion

Singapore must import clean energy from ASEAN neighbors

City-state faces quandary over production of blue or green hydrogen

24 July 2024
A Nippn factory in Thailand. Vietnam is the third Southeast Asian market Nippn is entering following Thailand and Indonesia. (Nippn)
Food & Beverage

Vietnam draws investment from Japan flour miller Nippn

Company looks to double overseas revenue in 3 years

24 July 2024
Lenovo Group looks to boost sales with AI-powered PC after seeing demand drop off from the pandemic. (Photo by Tomoko Wakasugi)
Artificial intelligence

Lenovo to put AI into all PCs by 2027: device chief

Chinese and U.S. consumers showing 'a lot of interest,' Luca Rossi says

24 July 2024
State-owned Saudi Aramco is planning major investments in the Jafurah shale gas field, the largest in the Middle East.
Energy

Saudi Arabia eyes $100bn bet on shale gas revolution at home

Oil leader looks to maintain status as energy power amid shifting landscape

24 July 2024
Mitsubishi Motors underperformed market forecasts for net profit in the April-June quarter.
Automobiles

Mitsubishi Motors suffers 39% profit drop on weak Asia shipments

Automaker eyes earnings recovery in coming quarters as retail demand rebounds

23 July 2024
A steel plant in Shanghai operated by Baoshan Iron & Steel. Nippon Steel has concluded that the U.S. and India offer more promising investment opportunities than China. (Photo by Tomoko Wakasugi)
Business deals

Nippon Steel to end 20-year joint venture with China's Baosteel

Japanese firm to cut production capacity in China by 70% amid EV shift

23 July 2024
Japan's stock market hit a record high in February and has since gone higher after a 34-year wait.
Opinion

Japan's corporate governance reforms show way for China, South Korea

But oversight remains an area of weakness compared to Europe and the U.S.

23 July 2024
 Chinese e-commerce platform Taobao is looking to reach more overseas Chinese shoppers with free shipping.
Retail

Alibaba's Taobao takes on Temu, Shein with free overseas shipping

Chinese platform aims to leverage strength in apparel as competition heats up

23 July 2024
Companies hold around 10% of Japanese stocks, less than one-fifth as much as in the bubble era, according to the Nomura Institute of Capital Markets Research. (Photo by Yuki Kohara)
Equities

Japan Inc. speeds unwinding of cross-held shares amid rally

Planned consolidation of Topix based on free float encourages stock sales

23 July 2024
Samples of rare-earth oxides at the mining company VTRE in Hanoi. 
Materials

Vietnam arrests ex-deputy minister over rare-earth mining violations

Four other senior officials in environment ministry also accused

23 July 2024
Singapore will require social media and online marketplaces to detect and act against scams and other malicious activities. (Photo by Fumika Sato)
Cybersecurity

Malaysia and Singapore tighten oversight of Facebook, others

Southeast Asia grapples with malicious activities on social media and market sites

23 July 2024
Kakao Corp. founder Kim Beom-su in Seoul.
Technology

Kakao founder Kim Beom-su arrested for alleged stock manipulation

South Korean billionaire accused of inflating shares of K-pop agency SM

23 July 2024
Asahi Group Holdings President Atsushi Katsuki said the brewer currently has no major deals in the pipeline in Australia. (Photo by Rurika Imahashi)
Food & Beverage

Japanese brewer Asahi taps Australia for growth

5 years after Carlton & United deal, beverage maker shifts focus beyond beer

23 July 2024
Moscow and Kyiv have reached out for support to faraway Pyongyang and Seoul and upgraded military ties. 
Asia Insight

Korean tensions flare as Seoul, Pyongyang take opposing sides on Ukraine

Russia-North Korea military upgrade triggers deeper U.S.-South Korea nuclear alliance

23 July 2024
China is increasing exports of high-quality products like hot-rolled steel sheets.
Materials

Chinese steel keeps flooding global market, pushing down prices

Overproduction continues in China despite sluggish demand at home

23 July 2024
JAL looks to capture growing air travel demand from Southeast Asia to offset a declining market in Japan. (Photo by Yo Inoue)
Transportation

Japan Airlines, Indonesia's Garuda to launch revenue-sharing venture

Airlines build on code-share deal with eye on growing Southeast Asia market

23 July 2024
This SRT train in Bangkok's Krung Thep Aphiwat Central Station prepares to depart for Vientiane on the newly opened line on July 19. (Photo by Shinya Sawai)
Transportation

Thailand's new rail links carry hope for expanded Chinese trade

Laos-China railway become a key gateway for Thai and Malaysian exports

23 July 2024
BYD's new-car sales from January to June increased 28% year-on-year to 1.61 million units.
Automobiles

Buffett's Berkshire Hathaway drops BYD stake to less than 5%

Chinese EV maker's sales climb 28%, but domestic price competition poses risk

23 July 2024
Yokohama Rubber aims to boost its lineup of nonagricultural tires. (Photo by Yuki Nakao)
Business deals

Goodyear to sell off-the-road tire business to Yokohama Rubber for $905m

Japanese company bolsters lineup for mining and construction industries

22 July 2024
Grab has acquired Chope's businesses in Singapore, Indonesia and Thailand for an undisclosed sum. (Source image by Grab; screenshot from Chope's website)
Business deals

Grab to enter restaurant booking business through acquisition

Super app buys Chope's business in Singapore, Indonesia and Thailand

22 July 2024
Kobayashi Pharmaceutical's red yeast rice supplement is suspected of being linked to more than 80 deaths.
Companies

Kobayashi Pharma leaders to resign over supplement scandal

Japanese drugmaker's product potentially linked to deaths and health problems

22 July 2024
A worker displays nickel ore at a ferronickel smelter in the Pomala district of Indonesia.
Commodities

Indonesia launches nickel, tin online tracking system

Authorities aim to improve accountability and government revenue

22 July 2024
Hong Kong's regulatory environment makes it easy for foreign nationals to create shell companies to evade sanctions.
International relations

Hong Kong plays leading role in sanctions evasion: report

New analysis spotlights Chinese city as transshipment hub of goods to sanctioned nations

22 July 2024
A logo of Standart Chartered is seen in Hong Kong in June. (Photo by Ken Kobayashi)
China debt crunch

StanChart-linked China Bohai seeks to dispose of $4bn in bad loans

Chinese lender's move comes after weaker second-quarter growth

22 July 2024