Wealth Management
Japan megabank brokerages ramp up wealth management business
MUFG, Mizuho and SMBC pursue upmarket clients with personal service
Automobiles
Indonesia hybrid car incentives grind to halt amid political shakeup
Economic minister who backed measure gives up reins to major party
Semiconductors
Semicon India: Modi touts goal to become chipmaking powerhouse
Now is 'right time' for global chipmakers to be in India: PM says at expo
Companies
Japan's Mitsui & Co. doubles share buyback plan to $2.8bn
Trading house boosts shareholder returns while also eyeing new investments
Commodities
India to impose up to 30% tariffs on China, Vietnam steel pipe
Tax on imports from the countries to last for the next five years
Bonds
China government bond yields hit new low despite PBOC intervention
10-year rate falls below level that triggered fresh warnings over bubble
Business deals
Nippon Steel exec to meet U.S. officials about steel buyout offer
Comes as Biden administration reported near to blocking sale of U.S. Steel
Property
Sibling succession race heats up at Hong Kong's Chow Tai Fook group
Chengs compete as key property unit New World Development sinks into red
Commodities
Australian miners rally as China's CATL 'adjusts' lithium output
Oversupply has dragged on prices for key battery material over a year
Electronics
Samsung workers in India ramp up wage protest as strike enters third day
Labor dispute disrupts output at key regional facility for global tech giant
Semiconductors
Infineon unveils world's first 12-inch GaN power chip wafer tech
Chipmaker aims to capture demand from power-hungry AI data centers
IPO
K Bank's planned IPO a test of South Korean market's rebound
Bain-backed online bank aims to raise $732mn, most in Seoul in two years
Currencies
Yen surges to strongest this year on BOJ policymaker's remark
Junko Nakagawa signals central bank's readiness to raise rates if inflation on track
Transportation
Jakarta breaks ground on new subway in bid to ease traffic
Jokowi says East-West MRT line will support Indonesia's capital as 'global city'
U.S. elections 2024
Taylor Swift endorses Kamala Harris for president after debate ends
Young-women favorite calls Democratic candidate 'steady-handed, gifted leader'
Food & Beverage
Singapore's SATS eyes India, China to double overseas food sales
Partnership with Japan's Mitsui helps caterer accelerate international shift
Politics
NHK exec resigns over Chinese staffer's unscripted Senkaku remarks
Contract worker said in Aug. 19 broadcast that the islands belong to China
Economy
Dubai to expand airport, metro to further attract business and tourists
City reinforcing urban functions to remain a hub in Gulf amid regional rivalry
Finance
Japan now a crucial private equity market: JPMorgan Asia investment banking head
Paul Uren says energy and health care are key sectors driving recent growth
Companies
Sumitomo U.S. unit files for bankruptcy on talc lawsuit expenses
L'Oreal supplier Presperse vows to stay in business under 'enormous' pressure
Economy
Malaysia's Khazanah fund expects 2024 returns to top last year's 5.7%
Chief investment officer credits strong domestic, U.S. and EU markets
Tea Leaves
How life and politics converge in India's tea shops
As gathering places, traditional 'kadai' are focal points for information, gossip and butter cookies
Immigration
Australia latest to crack down on foreign student influx as rents soar
Schools object to curbs on key export industry that follow trend in Canada and U.K.
The Big Story
Japan Inc.'s 25 trillion yen opportunity: Cashing in on real estate
Railway operator Seibu sets example by putting big Tokyo complex up for sale
Food & Beverage
Japan's Nissin shifts gears in U.S. with $2 premium noodles
Cup Noodles parent breaks from rival Maruchan with focus on higher price points