Chinese and Russian warships hold drills in the Sea of Japan in July 2023. (Photo from China's Ministry of National Defense)
Defense

China and Russia to hold joint drills in Sea of Japan and Okhotsk

Exercise aims to deepen cooperation in facing 'security threats,' says Beijing

9 September 2024
Lee Thiam Wah, founder of 99 Speed Mart Retail Holdings, speaks during a news conference on Sept. 9 as the company's shares made their public debut the same day. (Photo by Norman Goh)
IPO

Malaysian grocery chain eyes 3,000 stores after market debut

99 Speed Mart shares rise 14% in country's biggest IPO in 7 years

9 September 2024
Chinese home appliance maker Midea is set to list in Hong Kong.
Markets

Midea's $3.45bn Hong Kong share offering met with Shenzhen selloff

Appliance maker seeks more funds but dilution, discount anger current investors

9 September 2024
Canadian convenience store operator Alimentation Couche-Tard said in a press release dated Sept. 8 that it will continue efforts to buy 7-Eleven despite its objections. (Photo by Yoshiyuki Tamai)
Business deals

Couche-Tard demands talks on 7-Eleven owner buyout despite rejection

Canadian company 'disappointed' in Seven & i refusal to engage

9 September 2024
Japan's Coco Yoshizawa competes in the women's street skateboarding final during the Paris 2024 Olympic Summer Games. She was one of 11 Japanese gold medalists aged under 25.
Opinion

Japan's skateboarders show Gen Z can be a catalyst for change

Younger people are flipping Japan's perspective on its relations with the world

9 September 2024
In 2023, Japan logged around 660 outbound M&A transactions, up 6% from the previous year, according to Recof Data.
Finance

Japan Inc. eyes larger overseas M&A amid hunt for growth

Politics is increasingly becoming a hurdle in deals abroad, lawyer says

9 September 2024
A board shows one-year movements in Japan's benchmark stock index in Tokyo on Sept. 9. (Photo by Nanami Sato)
Markets

Japanese stocks pare losses after early slide on U.S. economy worries

Markets 'not fully at ease' after weaker-than-expected nonfarm payroll data

9 September 2024
Panasonic Energy says it is ready to begin producing its latest, larger lithium-ion batteries, far right. (Photo by Yo Inoue)
Automobiles

Tesla supplier Panasonic ready to make larger 4680 EV batteries

Greater energy capacity will help automakers cut production costs

9 September 2024
Markets in Laos offer an array of tempting treats, but locals are struggling with dwindling purchasing power. (Photo by Ken Kobayashi)
Inflation

Laos hit hard by inflation, currency woes and plunging spending power

Experts warn nation must cut debt to China and others to ease economic burden

9 September 2024
In China, foreign entities can only establish hospitals through joint ventures under existing policy. The country's commerce ministry announced Sunday that it will curb these rules in certain cities to allow full ownership. 
Health Care

China to allow wholly foreign-owned hospitals to lure investment

Beijing, Shanghai, Nanjing, Hainan among major locations identified for initiative

9 September 2024
Sanae Takaichi announces her candidacy for president of Japan's Liberal Democratic Party on Sept. 9. (Photo by Akitoshi Sugiura)
Japan's leadership race

Conservative Takaichi makes 2nd bid in Japan's leadership race

Staunch supporter of late PM Shinzo Abe joins crowded field in LDP election

9 September 2024
New South Wales Premier Chris Minns, right, speaks during the Nikkei Forum Sydney 2024 on Sept. 9. (Photo by Shinya Sawai)
Business trends

Japan and Australia should 'update' trade relations: NSW premier

Nikkei Forum in Sydney focuses on the two countries' future

9 September 2024
Pakistani Prime Minister Shehbaz Sharif meets with the managing director of the International Monetary Fund, Kristalina Georgieva, in Paris on June 22, 2023.
Economy

Pakistan struggling to seal $7bn IMF bailout for crisis-hit economy

Subsidies and shortfall in external financing lie at heart of delay, sources say

9 September 2024
Faltering economic activity has prompted global brokerages to scale back their China 2024 growth forecasts to below the official target of around 5%.
Economy

China's consumer prices rise at faster pace in August

Producer price deflation worsens despite government stimulus

9 September 2024
A gamer tests out a game at the Thailand Game Show 2022. The Thai government aims to promote the country as a regional hub for online games.
Media & Entertainment

Thailand aims to build soft power by nurturing gaming industry

New law to be enacted next year as government anticipates growth for the sector

9 September 2024
Japan's economy grew by an annualized 2.9% in April to June, versus economists' median forecast for a 3.2% rise in a Reuters poll and down from an initial reading of 3.1%. ((Photo by Konosuke Urata)
Economy

Japan's Q2 GDP growth revised down slightly on consumption, capex

Latest figure down to annualized 2.9% from initial 3.1%, short of forecast

9 September 2024
All six ETFs, which made their market debuts in Hong Kong at the end of April, have posted negative returns as of the end of August. (Source photos by AP and Getty Images)
Market Spotlight

From Hong Kong to Singapore, crypto ETFs face chill

Market turbulence ahead of U.S. election weighs on digital asset funds

9 September 2024
The Henn na Hotel in Tokyo's Hamamatsucho district featured a room with station and train motifs of the city's iconic JR Yamanote line. (H.I.S.)
Travel & Leisure

Quirky Japan hotel chain goes upscale with amenities, collaborations

Henn na Hotel operator H.I.S. shifts focus from expansion to higher room rates

9 September 2024
An aerial view shows the Ortigas business district in Pasig City, Philippines. The Philippine economy grew at a robust 5.6% clip last year, bouncing back from the COVID pandemic better than many countries in the region.
Opinion

The Philippines must kick its coal addiction

A total ban on coal development is needed to prevent further rise in use of the fossil fuel

9 September 2024
China's major private automakers, including BYD, posted strong results for the January-June half. (Photo by Shizuka Tanabe)
Automobiles

BYD, Geely soar in China's crowded field as state carmakers slump

Private companies log higher profit in 1st half on strong sales and margins

9 September 2024
Rohingya refugees gather in Cox's Bazar, Bangladesh, on Aug. 25 to mark the seventh anniversary of their fleeing from neighboring Myanmar.
International relations

Bangladesh calls for faster resettlement process for Rohingya

About 8,000 members of Muslim ethnic minority group have fled Myanmar

9 September 2024
Apollo Quiboloy appears on his talk show on May 23, 2016, in Davao City, southern Philippines.
Crime

Philippines arrests celebrity pastor accused of sex crimes

Interior Secretary posts on Facebook page, without specifying how or where he had been

8 September 2024
A man walks past a devastated area following the impact of Typhoon Yagi, in Hanoi, Vietnam, September 8, 2024.
Natural disasters

Typhoon Yagi weakens after killing dozens in Vietnam, China, Philippines

Storm downgraded to tropical depression but risks of flash floods, landslides remain

8 September 2024
North Korean leader Kim Jong Un visits a naval base construction site at an undisclosed location in North Korea, in this photo released by KCNA on September 8, 2024.
Defense

North Korean leader emphasizes importance of strengthening naval power

Kim Jong Un stresses need to build naval port that can operate warships' weapons systems

8 September 2024
Alibaba's office building in Beijing. The tech giant is joining Hong Kong's Stock Connect system that will let mainland investors trade its shares.
Your Week in Asia

Seoul military AI forum, Alibaba's mainland trading, Semicon India

Your weekly lineup of Asia's biggest business and political events

8 September 2024