Europe

Standard Chartered has seven AT1 bonds outstanding with an aggregate value of around $7.5 billion as of the end of last year. (Photo by Kenji Kawase)
Finance

Standard Chartered CEO skeptical of Credit Suisse AT1 bond wipeout

Bill Winters says 3 failed banks 'would appear to have been solvent'

25 March 2023
"Chip War" author Chris Miller says America's relationship with Taiwan is not based solely on semiconductors. (Photo courtesy of CommonWealth Magazine)
Semiconductors

China can sway chip markets without overtaking U.S.: Chris Miller

'Chip War' author says Beijing's policies can impact global semiconductor industry

23 March 2023
This residential building in the southeastern city of Zaporizhzhia, Ukraine, was damaged by a Russian missile. The photo was taken on March 22.
Ukraine war: Free to read

Ukraine from Feb.21 to March 23: World Bank says it'll take $411bn to rebuild Ukraine

Russian drone strikes on Kyiv region kill 3; Japan PM in Kyiv for talks with Zelenskyy

23 March 2023
India and the U.K. have so far closed talks on 13 of 26 policy areas in their negotiations for a free trade deal.
Trade

India-U.K. trade talks home in on digital trade, investor protection

Pressure mounts for agreement to come soon as elections loom in both countries

22 March 2023
Japan, Italy and the U.K. have adopted an aggressive timeline to put their proposed fighter in the air, partly to get a headstart on a potential rival being developed by France, Germany and Spain.
Aerospace & Defense Industries

Japan, UK and Italy make speed a priority in fighter jet program

Quick showcase of model, rapid timeline underscore group's global ambitions

22 March 2023
Japanese Prime Minister Fumio Kishida stands in silent prayer at a church in Kyiv on March 21,
Ukraine war

Kishida pulls off top-secret trip to Kyiv before G-7 summit

Prime minister leaves reporters behind in India to make historic visit to Ukraine

22 March 2023
Swiss authorities orchestrated the historic weekend deal to merge Credit Suisse with UBS.
Finance

AT1 bonds and Credit Suisse: 4 things to know

$17bn write-off comes under scrutiny as part of UBS deal

21 March 2023
The UBS acquisition of Credit Suisse includes the write-off of about 16 billion Swiss francs ($17.2 billion) in AT1 bonds, a decision made by the Swiss Financial Market Supervisory Authority.
Finance

Credit Suisse's AT1 bond write-off rattles Asian investors

Terms of UBS acquisition of peer could have broader implications for region

20 March 2023
The Federal Reserve building in Washington.
Economy

Fed, BOJ and other central banks set joint liquidity operation

Move with Canada, Europe involves U.S. dollar swap line arrangements

20 March 2023
"This takeover was made possible with the support of the Swiss federal government, the Swiss Financial Market Supervisory Authority (FINMA) and the Swiss National Bank," the central bank said in a statement.
Finance

UBS to take over Credit Suisse in historic $3.2bn rescue deal

Longtime Swiss rivals to merge as authorities scramble to calm loss of confidence

20 March 2023
Chinese President Xi Jinping speaks during his meeting with Joe Biden in Bali in November 2022: China is capable of telling a better story about itself.
Opinion

China's foreign policy must get more pragmatic for economy's sake

Efforts to bring Putin to the table will reassure Europe of Beijing's sincerity

20 March 2023
German Chancellor Olaf Scholz, right, brought along his top cabinet ministers to Tokyo to launch a new format for talks with Japan. (Photo by Tomoki Mera)
International relations

China drives Japan-Germany engagement to higher level

Scholz and Kishida inaugurate intergovernmental talks with eye to economic security

20 March 2023
Dutch trade minister Liesje Schreinemacher discusses her country's semiconductor export controls during an interview in Tokyo on March 17. (Photo by Maya Shimizu)
Interview

Netherlands to tighten export controls of chip equipment: minister

Hague moves to block military use as U.S. calls for joint efforts against China

17 March 2023
The European Union is aiming to reduce its dependence on imports of critical raw materials from countries such as China. (Source photos by AP and Reuters) 
Trade

EU seeks to diversify critical raw material supply away from China

Concerns grow over dependence on imports during pandemic, Ukraine war

17 March 2023
Private equity firm CVC has around $146 billion in assets under management.
DealStreetAsia

CVC Capital buys $155m stake in Indonesia's Samator Indo Gas

Investment will support Indonesian gas producer's push to expand

17 March 2023
A concept model of the Global Combat Air Program fighter jet is displayed at the DSEI Japan defense show on March 15.
17 March 2023
A worker holds palm oil fruit at a plantation in Slim River, Malaysia: Kuala Lumpur says new EU rules aimed at preventing deforestation discriminate against small producers of palm oil.
International relations

Malaysia says EU deforestation rule hurts its small farmers

Producer group presents petition demanding rollback of regulation

16 March 2023
German Chancellor Olaf Scholz speaks with Nikkei Asia at the Chancellery in Berlin, ahead of his trip to Japan. (Photo by Marlies Matthes)
Interview

Scholz warns China not to use force to alter Taiwan status quo

German leader to deepen relationships with Asian partners in policy shift

16 March 2023
Adam White, president of power and sensor systems at Infineon, told Nikkei Asia that Infineon is particularly optimistic about gallium nitride chips. (Photo by Cheng Ting-Fang)
Semiconductors

Infineon upbeat on next-gen power chips as broader market struggles

Gallium nitride and silicon carbide promise small, efficient and fast devices

16 March 2023
The port of Bangkok. Thailand aims to eliminate tariffs on exports to the European Union's 27 countries through resumption of trade talks.
Trade

Thailand, EU agree to restart trade talks halted by 2014 coup

Bangkok aims for tech transfers and boosting exports in critical industries

16 March 2023
Founded in 2014, Mirova says it is committed to responsible investment. (Screenshot from Mirova website)
DealStreetAsia

Mirova raises $171m for Asia, Africa blended finance debt fund

Sustainability-focused investment manager targeting $500m

15 March 2023
U.K. startup Oxford Quantum Circuits has set up a quantum computing unit in a Tokyo data center. (Photo courtesy of the company)
Technology

U.K.'s Oxford Quantum Circuits set to enter Japan

University startup sets up quantum computing unit in Tokyo data center

14 March 2023
From left, Australian Prime Minister Anthony Albanese, U.S. President Joe Biden, and British Prime Minister Rishi Sunak deliver remarks on the AUKUS partnership at Naval Base Point Loma in San Diego, California on March 13.
Indo-Pacific

AUKUS submarine deal seen as decades-long gamble for Australia

Cost, personnel and politics are risks in developing nuclear-powered fleet: analysts

14 March 2023
Wind turbines and solar panels are seen a power plant in China's Hebei province.
Energy

Renewable energy transition speeds up during Ukraine war, led by China

New Chinese investments in 2022 exceeded Japan's total installed capacity

14 March 2023
HSBC announced on March 13 it had acquired the U.K. operations of Silicon Valley Bank, the lender shuttered by U.S. regulators. 
Finance

HSBC acquires U.K. arm of defunct Silicon Valley Bank

Operations sold for 1 pound in transaction that closed 'immediately' on Monday

13 March 2023