• Markets

Markets

Malaysian energy company Petronas and its Italian partner Eni have agreed to form a joint venture to manage 19 assets, mostly in Indonesia.
The landscape near the copper and gold mine site in the Reko Diq district in southwestern Pakistan's Balochistan province.
Materials

Japan to dig into Pakistan's Reko Diq mine amid copper deficit fears

JBIC likely to finalize loan by early 2026; Komatsu plans to supply equipment, experts

Over 200 family offices have been established in Hong Kong since 2022.
Wealth Management

Five Hong Kong family offices unveil $100m fund eyeing private credit

Inspira Capital aims to tap growing demand for non-bank lending

3 November 2025
The headquarters of New World Development in Hong Kong. The company is aiming to ease short-term debt pressure with a swap offer.
Property

Hong Kong's embattled New World to issue up to $1.9bn in securities

Property developer launches debt exchange offer in bid to improve liquidity

3 November 2025
LG Electronics India's IPO on Oct. 14 in Mumbai was one of India's most-subscribed, with the 116 billion rupee share sale receiving bids worth about 4.4 trillion rupees.  
Trading Asia

India's IPO market attracts South Korean conglomerates

CJ ready to take a chance after success of compatriots LG and Hyundai

3 November 2025
A WeRide Mini Robobus is displayed during the 29th Guangzhou Fair in Guangzhou on Oct. 27, 2021. The company will debut on the Hong Kong Stock Exchange this week.
Your Week in Asia

Chinese robotaxi IPOs, Toyota earnings, Indonesia's GDP

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

2 November 2025
Soybeans are loaded into a truck from a transfer hopper during harvest season in Deerfield, Ohio, in October 2021.
Commodities

China finds leverage over Trump in trade talks with soybeans boycott

Prices surge on expectation that Beijing will resume crop purchases

1 November 2025
Daiwa House Industry is expanding in the fast-growing data center business as demand for single-family housing cools. (Photo by Arisa Moriyama)
Business deals

Japan's Daiwa House to buy engineering firm for $1.9bn in data center push

Acquisition of Sumitomo Densetsu gives developer 'the best technology'

31 October 2025
The Mount Weld mine in Western Australia is expected to supply roughly 30% of Japan's dysprosium and terbium demand. (Lynas Rare Earths)
Supply Chain

Japan's Sojitz launches Australian rare-earth imports to reduce China risk

Operation marks Japan's first rare earth imports from non-China source

31 October 2025
European Central Bank President Christine Lagarde hold a news conference after the ECB's latest monetary policy meeting on Oct. 30.
Economy

ECB keeps rates unchanged as economy holds up for now

Central bank offers no hints about future moves

30 October 2025
The Bank of Japan has delayed raising rates since its last hike in January, as the U.S. sharply raised tariffs and the Japanese public's frustration over higher prices grew. (Photo by Akira Kodaka)
Currencies

Yen weakens to level not seen since February on BOJ's wage talk emphasis

Investor expectations for a December rate increase pushed back

30 October 2025
Capital A CEO Tony Fernandes speaks during a press conference in Kuala Lumpur on Oct. 30. (Photo by Norman Goh)
Transportation

AirAsia parent Capital A revives Nasdaq IPO plan for subsidiary

Listing process comes as Malaysian group nears exit from financially distressed status

30 October 2025
The decision, led by BOJ Gov. Kazuo Ueda, follows a move by the U.S. Federal Reserve on Oct. 29 to cut interest rates for the second time this year as the labor market slows.
Bank of Japan

BOJ 'not behind the curve' says Gov. Ueda after standing pat

Policy rate held at 0.5% amid tariffs, Takaichi impact; inflation outlook steady

30 October 2025
Federal Reserve Chair Jerome Powell offered a note of caution about what lies ahead for Fed policy.
Economy

Fed cuts rates, signals halt to balance sheet drawdown

Powell says December rate cut 'not a foregone conclusion'

30 October 2025
Yields on 10-year government bonds in New Zealand have dropped below those in Australia.
Bonds

New Zealand long rates dip below Australia's, hinting at global slowdown

Countries' 10-year yields previously flipped during global economic crises

30 October 2025
Nvidia's record-breaking valuation comes after a string of recent announcements have solidified its dominance in the AI race.
Markets

Nvidia storms past $5tn valuation as AI boom powers meteoric rise

Since ChatGPT's launch in 2022, the company's shares have climbed 12-fold

29 October 2025
Stream article image
Announcements

Nikkei to launch Shareholder Return Stock Index on Nov. 4

Index to comprise 40 stocks based on their commitment to shareholder returns

29 October 2025
Major U.S. stock indexes closed at record highs on Oct. 28, pushed up by investor optimism over corporate earnings and reports that Nvidia will build artificial intelligence supercomputers for the U.S. Department of Energy.
Equities

Wall Street indexes post record closing highs as Nvidia jumps

Investors also optimistic about megacap earnings due out soon

29 October 2025
The Shanghai Stock Exchange Composite Index temporarily surpassed 4,000 on Oct. 28 -- its highest in just over 10 years. (Photo by Noriyuki Doi)
Equities

China moves to avert slump as tech-heavy Shanghai Composite zips past 4,000

Previous stock price surges have been followed by sharp drops and volatility

29 October 2025
Top executives of Sany Heavy Industry pose at a listing ceremony in Hong Kong on Oct. 28. (Photo by Kensaku Ihara)
Markets

Sany Heavy Industry raises $1.7bn in Hong Kong debut

China's largest heavy machinery maker counts Temasek, BlackRock among cornerstone investors

28 October 2025
Turkey’s Minister of Energy and Natural Resources Alparslan Bayraktar inspects a gallery at the Beylikova mine. (Anadolu Agency)
Materials

Turkey unveils rare earth find, seeks partners amid China-US rivalry

If verified,12.5m ton site could significantly change global supply chain

28 October 2025
A Pony.ai robotaxi is displayed at the Auto Shanghai exhibition in April 2025. 
Equities

Chinese robotaxis, car parts supplier plot $1.8bn Hong Kong listing rush

Pony.ai, WeRide, Ningbo Joyson join parade of mainland companies raising funds in city

28 October 2025
Nidec is undergoing a third-party investigation into possible irregular accounting practices. (Photo by Kosaku Mimura)
Markets

Nidec put on special alert by TSE over accounting issues; stock falls

Motor maker could face possible delisting if no improvements are made

28 October 2025
Condominium prices continue to rise in central Tokyo as demand remains strong and new building sites are scarce. (Photo by Tomoki Mera)
Property

Tokyo's condo prices keep rising as suitable land grows scarce

Price increases outstrip construction costs while demand trends upward

28 October 2025
Finance Minister Satsuki Katayama, center left, sits across from U.S. Treasury Secretary Scott Bessent during their meeting in Tokyo on Oct. 27. (Pool photo)
International relations

Japan finance chief, Bessent discuss Russia energy sanctions in 1st talks

Katayama and US treasury secretary also cover Tokyo's $550bn pledge to Washington

28 October 2025
SMBC will be the first of Japan's three megabanks to end foreign exchange fees for deposits of U.S. dollars and some other currencies.
Finance

Japan's SMBC to end foreign-exchange fees for US dollar, euro deposits

Decision comes as retail customer portfolios expand to include other currencies

28 October 2025
JPYC CEO Noritaka Okabe speaks in Tokyo on Oct. 27. (Photo by Takanobu Aimatsu)
Cryptocurrencies

Yen-backed stablecoin marks 'turning point' in Japan, fintech CEO says

JPYC stablecoin reaches $98,000 in issuances during first three hours

28 October 2025
Stream article image
27 October 2025
Hopes are high for newly inaugurated Japanese Prime Minister Sanae Takaichi to deliver an expansionary fiscal package to support growth. (Photo by Nanami Sato)
Equities

Nikkei average hits 50,000 for 1st time on US-China deal, likely Fed cut

Yen trades around 153 per dollar, depreciating to all-time low against euro

27 October 2025
U.S. President Donald Trump and Chinese President Xi Jinping shake hands after a meeting in Beijing in November 2017. The two leaders are expected to meet later this week in South Korea, after their negotiators prepared the groundwork in Malaysia.
Trade war

US raises markets' hopes for China deal as Beijing keeps cautious tone

Upbeat Bessent touts progress on rare earths, soybeans and more after Malaysia talks

27 October 2025