Japanese companies' strong earnings during the April-June period encouraged investors to buy while their stock prices were down. (Photo by Shunsuke Inaba)
Equities

Japanese stocks erase losses from tailspin on brighter U.S. outlook

Companies' strong April-June performances boost share prices

22 August 2024
A real estate property developed by Kaisa Group Holdings in Beijing. The company's losses continue to pile up.
China debt crunch

China developers' loss warnings exceed $8bn in past week alone

Kaisa reports more red ink; Sunac takes big blow despite Xi's 'bright prospects'

22 August 2024
The Hong Kong Exchange logged a 3% decline in first-half profit although the second quarter showed more promise. (Photo by Ken Kobayashi)
Markets

Hong Kong Exchange's first-half profit sinks amid weak market sentiment

New CEO Bonnie Chan describes results as 'robust' but concedes outlook uncertain

21 August 2024
China's three state-owned telecom operators are gearing further towards higher dividend payments and lower capital expenditure. (Photo by Kenji Kawase)  
Telecommunication

China Telecom, China Mobile hike dividends under Beijing pressure

Payout ratios to go beyond 75% for state-owned telecos as need to invest recedes

21 August 2024
Tokyo Metro's profits jumped in the April-June quarter on increased passenger traffic. (Photo by Konosuke Urata)
IPO

Tokyo Metro headed for IPO as soon as October

Tokyo listing could value the subway operator at up to $4.8bn

20 August 2024
China's CHK Oil lost key leases in the US state of Utah. (US Department of Interior photo)
US-China tensions

Chinese oil company reveals loss of Utah drilling rights years afterward

Hong Kong-listed CHK Oil says board only learned of 2022 U.S. orders last week

16 August 2024
U.S. stocks rose in the morning of Aug. 15 on reports of strong retail sales.
Markets

U.S. indexes end higher as retail sales soothe slowdown fears

Nasdaq gains more than 2%, with S&P 500 and Dow also rising

16 August 2024
The Cheung Kong Center II, developed by CK Asset Holdings, in Hong Kong. The conglomerate founded by tycoon Li Ka-shing has been snapping up assets in the U.K. this year.
Companies

Li Ka-shing's CK Group empire accelerates pivot to Europe

London listing, new acquisitions dilute exposure to Hong Kong and mainland China

15 August 2024
Listings of small to midsize Chinese companies have increased volatility on U.S. stock markets in the past, leading to a push for stricter screening of initial public offerings.
Equities

U.S. Nasdaq steps up scrutiny of Chinese company listings

Heightened screening comes amid concerns over market volatility

15 August 2024
A Starbucks cafe in Shanghai. The chain's comparable store sales in China plunged 14% on the year in the April-June period. (Photo by Kosaku Mimura)
Food & Beverage

Starbucks' new CEO Brian Niccol inherits a China headache

Cafe chain faces sliding sales in No. 2 market as consumers turn thriftier

14 August 2024
The stocks of major exporters Sony Group and Toyota Motor rose 5% and 3.3%, respectively, on the Nikkei average by the end of trading on Tuesday. (Photo by Yutaka Miyaguchi)
Equities

Japan stocks surge 3.5% on return from holiday with weak yen's support

Chip-related companies, major exporters gain in rally

13 August 2024
President and CEO of the Philippine Stock Exchange Ramon Monzon said in an exclusive interview with Nikkei Asia that cuts in the key benchmark rate is vital to generate excitement among investors and lure new IPOs to the market. (Nikkei montage / Source photos by Yuki Fujita)
Equities

Philippine exchange chief backs rate cuts to spur IPOs

Central bank halfway to new listing target set for 2024

13 August 2024
The market fluctuation comes as the government is encouraging more households to direct their cash and savings worth 1,050 trillion yen ($7.1 trillion) into stocks and mutual funds. (Source photos by Yo Inoue and Toshiki Sasazu)
Market Spotlight

Japan retail investors keep the faith in stocks despite historic volatility

Mom-and-pop investors are seen 'buying the dip' in domestic and global stocks

12 August 2024
Submarines are among the defense hardware that Mitsubishi Heavy Industries builds for Japan's Self-Defense Forces. (Photo by Naoki Hori)
Equities

Mitsubishi Heavy leads Japan's defense-sector rally as market roils

Contractors benefit from higher military spending in tenser world

10 August 2024
Japanese stock prices have been trending down this month. (Photo by Yutaka Miyaguchi)
Equities

Japan stock sell-off: The end of the beginning?

Past crashes suggest a 20% recovery ahead -- if the first wave of selling is over

10 August 2024
Bhavish Aggarwal, CEO of Ola Cabs and founder of Ola Electric, third from left, rings the bell during Ola Electric's listing ceremony at the National Stock Exchange in Mumbai on Aug. 9.
IPO

Shares in Indian e-scooter maker Ola close up 20% after tepid debut

Softbank-backed startup yet to make profit despite accelerating sales

9 August 2024
India's National Stock Exchange had enjoyed a banner year up until the beginning of August. (Photo by Ryosuke Hanada)
Markets

India stock rally falters over tax hike plan, governance doubts

Sensex retreats from all-time high as overseas money pulls back

9 August 2024
Shan Jizhang, a founder, chairman and CEO of Black Sesame International, second from the right, stands next to Hong Kong Exchange CEO Bonnie Chan at the listing ceremony on Aug. 8. (Photo by Kensaku Ihara)
IPO

TSMC-linked China auto chip maker plunges over 30% in Hong Kong IPO

Black Sesame International's weak debut clouds city's tech stock strategy

8 August 2024
An attendee photographs the SoftBank Group logo at the SoftBank World 2017 conference in Tokyo. Yoshimitsu Goto, the conglomerate's chief financial officer, said on Aug. 7 that its "financial status is robust and stable," despite global market volatility.
SoftBank

SoftBank restates faith in AI amid global market anxiety

Conglomerate logs smaller Q1 loss on success of chip unit Arm after Monday's stock dip

7 August 2024
Dovish comments by the Bank of Japan's deputy governor drove up stock prices on Aug. 7. (Photo by Akitoshi Sugiura)
Equities

Japan stocks close up 1% on dovish BOJ signal

Financial shares such as SMFG and MUFG are biggest gainers

7 August 2024
Honda trails behind Tesla and Chinese rivals in the EV race. (Photo by Yuki Nakao)
Automobiles

Honda has new alliance, but can it match Toyota on this stock metric?

Automaker needs to deliver on cost cuts, shareholder returns as it pursues EV scale

7 August 2024
Nikkei Stock Average rose as much as 3,453.38 points, or 10.98%, to 34,911.80 at one point. (Photo by Nanami Sato)
Equities

Japan stocks rebound 3,217 points for their largest single-day rise

Strong U.S. service sector data for July eases concerns of recession

6 August 2024
Japanese stocks took a big upswing on Aug. 6 after suffering their worst-ever sell-offs in the previous two trading days. (Photo by Nanami Sato)
Equities

Tokyo stocks brace for further volatility after biggest single-day jump

Market wary as it awaits U.S. rate cut decision and Japan real wage data

6 August 2024
A trader works on the floor at the New York Stock Exchange. All three major U.S. indexes sank in morning trading.
Markets

Nasdaq, S&P 500 fall 3% each amid U.S. recession fears, Apple drop

Investors bett on aggressive Fed rate cuts; Wall Street 'fear gauge' spikes

6 August 2024