This Chinese Y-9 military reconnaissance plane was detected in Japanese airspace on Aug. 26. (Japan Ministry of Defense)
International relations

Japan condemns China military plane incursion as 'grave' violation

Tokyo silent on whether defense officials talked via year-old hotline

28 August 2024
Chinese Foreign Minister Wang Yi hosts U.S. national security adviser Jake Sullivan at Yanqi Lake near Beijing on Aug. 27.
US-China tensions

Jake Sullivan meets Wang Yi on China visit to 'manage' tense ties

U.S. national security adviser and China's top diplomat juggling 'complex' agenda

27 August 2024
A JD.com logistics center in Beijing. The company faces an increasingly competitive e-commerce landscape.
Companies

China's JD.com announces $5bn share buyback plan

Move comes days after Walmart unloaded entire stake in e-tailer

27 August 2024
Canadian Prime Minister Justin Trudeau's government has imposed a 100% tariff on Chinese electric vehicles, matching U.S. duties, and Trudeau said Canada also would impose a 25% tariff on Chinese steel and aluminum.
Trade war

China accuses Canada of protectionism over 100% tariffs on electric vehicles

Commerce Ministry says Beijing will take any measures needed to defend Chinese companies

27 August 2024
A Sony PlayStation 5 display at an electronics store in Tokyo. The price of the PS5 console has now been raised for the third time in Japan.
Media & Entertainment

Sony to raise PlayStation 5 price by 20% in Japan

Conglomerate cites difficult external environment as global sales fall

27 August 2024
Australian Senator David Fawcett shakes hands with Lai Ching-te in Taiwan in this photo dated May 27. (Photo from David Fawcett's Facebook page)
Interview

Australian senator upholds motion denying China's U.N. claim to Taiwan

David Fawcett highlights economic risk of potential Chinese move to change status quo

27 August 2024
BMW's iX5 Hydrogen fuel cell vehicle. The German carmaker and Toyota are deepening a partnership to manufacture more affordable fuel cell vehicles amid slowed growth among electric vehicle models. (Photo by Yuki Nakao)
Automobiles

Toyota and BMW to form alliance in fuel cell vehicle manufacturing

German auto giant aims to start mass production in a few years

27 August 2024
Taiwan President Lai Ching-te attends a graduation ceremony of military academies in Taipei on June 27. The first 100 days of his presidency have been marked by a mix of pressure from China and the domestic political opposition.
Taiwan under Lai

Taiwan's Lai marks 100 days in office as China and opposition test mettle

Administration withstands early parliament drama but budget debate looms

27 August 2024
Officials on Aug. 8 examine an electric car that caught fire in the underground parking lot of an apartment complex in Incheon, South Korea, a week earlier.
Electric vehicles

Battery fire in Incheon risks cooling South Korea's EV fever

Tough regulations expected as authorities strengthen safety measures

27 August 2024
Isuzu plans to use the trucks to transport cargo between logistics warehouses. (Photo by Hirotake Kitagawa)
Automobiles

Isuzu to develop self-driving trucks with U.S. startup

Japanese automaker hopes to put fully autonomous vehicles on road by fiscal 2027

27 August 2024
Children from a kindergarten read at a public library in Yantai in eastern China's Shandong province. The number of children enrolled in preschool education fell by 5 million in 2023 to 40.92 million, the lowest figure since 2014. (FeatureChina via AP)
Asia Insight

China's kindergarten closures foreshadow economic hit from falling births

20,000 schools shut in two years; Beijing seeks urgent solutions as workforce shrinks

27 August 2024
A notice in China's Liaoning province warns of fines for violations such as blocking passageways for the visually impaired. (Photo by Kohei Fujimura)
Economy

Cash-strapped Chinese cities bring in over $50bn from fines

Penalties from traffic violations to unwashed dishes aim to offset lost land revenue

27 August 2024
SBI is expected to lead Preferred Networks' next funding round. (Source photos by Nikkei)
Semiconductors

Japan's SBI to take big stake in AI unicorn Preferred Networks

Investment is part of financial group's entry into semiconductor industry

27 August 2024
Banks in China's Jiangsu province have been accused of manipulating government bond prices. (Photo by Noriyuki Doi)
Bonds

China central bank fears Silicon Valley Bank redux as yields sink

PBOC rushes to curb possible bond bubble via guidance and regulatory enforcement

27 August 2024
Bill Chang, left, CEO of Singtel's Digital InfraCo, shakes hands with Hitachi Executive Vice President Toshiaki Tokunaga. (Photo by Hitachi)
Technology

Hitachi and Singtel deepen AI data center collaboration

Partners to combine strengths to improve efficiency

27 August 2024
An IBM office in Shanghai. The company entered China in 1984. (Photo by Tomoko Wakabayashi)
Technology

IBM to close China R&D operations, affecting 1,600 workers: reports

Tech companies suffer fallout from rising tensions between Beijing, Washington

27 August 2024
China's PDD Holdings is the parent company of Chinese app Pinduoduo and cross-border e-commerce platform Temu.
Retail

PDD shares plummet as Temu protests in China continue

Online retailer says profit will drop since high revenue growth not sustainable

26 August 2024
Taiwan-listed Asia Cement Corp, the majority shareholder of Asia Cement (China), wants to take the Hong Kong company private.
Equities

Shareholders of Asia Cement (China) reject main owner's offer

Taiwan-listed cement company privatization bid amid China's property woes

26 August 2024
A Chinese Y-9 plane like this one breached Japanese airspace on Aug. 26, according to Japan's Ministry of Defense.
International relations

Chinese surveillance plane breaches Japanese airspace for first time

Japan's defense ministry says fighters were scrambled to warn off Y-9

26 August 2024
A cooking oil production like in China's Shandong province. Chinese authorities said the use of tainted tankers to move such oil "violated basic common sense and tramples on moral bottom lines and legal red lines."
Food & Beverage

China fines Sinograin, others for moving cooking oil in unclean tankers

Authorities call violations 'extremely severe' in rush to ease safety fears

26 August 2024
Taiwan unveils the Narwhal, its first domestically built submarine, in Kaohsiung on Sept. 28, 2023. The defense ministry aims to build a fleet of eight submarines through 2038.
Taiwan tensions

Taiwan's $8.9bn plan for more submarines meets political resistance

Opposition criticism highlights risks to new government's first budget

26 August 2024
Japan's Digital Minister Taro Kono speaks at a news conference on Aug. 26. (Photo by Uichiro Kasai)
Japan's leadership race

Japan Digital Minister Kono joins ruling party presidential race

Outspoken 61-year-old launches third bid to become prime minister

26 August 2024
Japanese yen traded at 143.59 to the dollar at one point on Monday morning, the highest level since Aug. 5. (Nikkei montage / Source photos by Reuters, Uichiro Kasai and Mizuho Miyazaki)
Currencies

Yen carry trade to grow once volatility ebbs, strategists say

Despite recent trend, Japan-U.S. interest rate spread to remain wide in short term

26 August 2024
Myanmar's embassy in Beijing. China has said the conflict between the Myanmar regime and rebel forces is having a negative effect on stability and social order on the nations' shared border.
Myanmar Crisis

China's military says it conducted armed patrols near Myanmar border

Beijing wary of escalating conflict between Naypyitaw regime and rebel forces

26 August 2024
Private debt funds in APAC are relatively young, only five years old or so, and haven’t been through a full credit cycle.
Markets

Asia's private debt market faces test amid higher rates, economic slowdown

Nascent investing space sees fund-raising drop to a third of 2021 peak

26 August 2024