Caixin
A new wave of Chinese food and beverages hit Southeast Asia
Despite success, supply chain and localization issues remain
Business deals
Markets
Seven & i takeover bid signals opening for corporate bargain hunters
Retail group among Japan blue chips with relatively low valuations
Semiconductors
Japanese chipmaker Kioxia aims to list in October amid AI boom
Expected capitalization of over $10bn would be Japan's largest 2024 IPO
Technology
ASEAN tech stars Grab, GoTo and Sea fight to retain market sparkle
Investors prize profitability over merely cutting losses
Business deals
Nippon Steel, JFE Steel to invest $1bn in Australian coal mine
Japanese steelmakers want higher quality coking coal to cut CO2 emissions
Business deals
Seven & i's proposed buyout to require preapproval by Japan
Foreign investment rules could hinder Couche-Tard's bid for 7-Eleven parent
Business deals
Japan Tobacco sets sights on e-cigarette push with U.S. Vector deal
$2.4bn acquisition to accelerate investment into growing market
Business deals
JD.com stock drops as Walmart unloads stake for estimated $3.6bn
U.S. retailer says it wants to focus on its own China operations
Energy
Japan's Toyota Tsusho to develop and supply biofuels in Indonesia
Trader will work with state-run Pertamina to support decarbonization efforts
Retail
Seven & i potential buyer Couche-Tard is skilled M&A tactician
Canadian company's buyout of Japanese 7-Eleven parent would be its biggest yet
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Finance
MUFG sheds $1bn in U.S. Bancorp shares
Japanese megabank will maintain smaller stake, bolster partnership
Business deals
Seven & i's slumping stock price raises takeover risk
Japan 7-Eleven parent's structural reforms fail to impress investors
Business deals
Japan 7-Eleven parent to mull takeover offer from Canada's Couche-Tard
Deal could create a top global retail group centered on convenience stores
Business deals
South Korean AI chip makers Rebellions and Sapeon sign to merge
Deal to serve as nation's latest attempt to challenge Nvidia and other global leaders
Insurance
Japan's Meiji Yasuda boosts U.S. strategy with Allstate unit deal
With little room to grow at home, insurers turn to world's largest market
Business deals
Japan's Meiji Yasuda Life to buy Allstate insurance unit for $2bn
Provider looks to bolster group insurance business in the U.S.
Business deals
Rakuten Mobile to raise up to $2bn from Macquarie-led consortium
Asset sale and leaseback aims to diversify funding for recovering wireless business
Business deals
KKR eyes $4bn buyout to take Japan's Fuji Soft private
Systems developer to discuss bid amid push by top shareholder
Business deals
Carlsberg to take full control of its Indian and Nepali businesses
Accelerated investment to capture growth opportunities in 'exciting' markets
Business deals
MUFG to invest $393m in Philippine mobile payment leader Mynt
Financial group eyes growth in Southeast Asian digital finance market
Business deals
Saudi sovereign fund PIF signs $50bn deals with Chinese banks
Pacts with 6 institutions encourage 2-way capital flows
Business trends
China M&A deals down 45% in first half as economic slump continues
Tighter regulations at home and abroad make acquisitions harder to complete
Business deals
Nippon Steel goes straight to the mill to shore up U.S. Steel deal
Japanese steelmaker stages charm offensive to overcome opposition to buyout
Sports
Red Bull to enter Japan pro soccer with J3 team acquisition
Austrian energy drink maker will buy 100% stake in Omiya Ardija
International relations
Nippon Steel-Baosteel split closes book on Deng Xiaoping's Japan legacy
Industrial power balance shifts while Beijing increasingly emphasizes security