Asia-Pacific Business

Japan’s yen posts outsized gains as traders suspect new bout of intervention

Japan may have spent additional two trillion yen for forex intervention, central bank data suggest

China’s economy falters in second quarter, raising pressure for more stimulus

Yen briefly jumps higher, sparking suspicions of intervention by Japanese authorities

Samsung Electronics’ main union in South Korea to go on indefinite strike

China’s consumer inflation misses forecasts in June amid anemic demand

Japan’s main stock indexes at record closing highs as banks, autos and techs rise

Japanese authorities ‘on high alert’ about yen’s rapid decline, top currency diplomat says

China’s coal imports from Russia hit eight-month high in May

China’s factory output disappoints, property sector shows no signs of easing

China Evergrande liquidation law firm probing PwC, others for potential claims, sources say

Bank of Japan to trim bond buying, keeps interest rates steady

Japan’s banks expect gradual interest rate rise, continued local lending growth

China issues draft rules to expand cross-border e-commerce

Toyota and Mazda halt shipments of some vehicles as safety test scandal in Japan widens

China’s manufacturing activity surges, Caixin PMI shows, but global risks grow

Apple’s iPhone sales in China jumped 52% in April from year ago, data show

China’s Xi pledges to tackle institutional obstacles to economic modernization

South Korea unveils US$19-billion support package for its chip businesses

Chinese coal group cuts its 2024 output forecast

Global AI summit secures safety commitments from 16 companies

China rolls out new measures in bid to fix its property crisis, spur growth

Shares of Chinese property developers rally on report of government plans to buy unsold homes

Alibaba reports 86% plunge in fourth-quarter profit, but revenue still tops estimates

China’s consumer prices rose for third straight month in April, signalling demand recovery

Bank of Japan issues stronger warning over yen’s impact on monetary policy

Japan warns of action over rapid currency moves

Japan may have spent US$23.59-billion in latest attempt to prop up yen: central bank data

China to step up support for economy, flexibly use policy tools, Politburo says

Bank of Japan keeps low rates, sees inflation on track to hit target in coming years

Chinese developer Country Garden plans to present debt revamp plan in second half of year, sources say

Toyota and Nissan pair up with Tencent and Baidu to highlight importance of AI for car makers