Asia’s earnings spotlight shifts to Japan this week as the yen may find a fresh support after the Federal Reserve hinted the latest interest-rate increase may mark the tightening cycle peak.
Oil steadied as investors assessed a complex outlook for global crude demand after a period of volatile trading.
Sea Ltd. said it is giving most employees a 5% pay increase after turning profitable, a milestone for the Singapore e-commerce and gaming company that slashed costs drastically during the technology industry’s downturn.
Beijing curtailed access by overseas firms to Chinese data sources at least in part because of a series of reports written by US research institutions that alarmed officials, the Wall Street Journal reported, citing people with knowledge of the matter.
Warren Buffett said he prefers deploying capital in Japan instead of Taiwan, lamenting how geopolitics led his firm to cut stakes in the island’s chip-maker giant.
A commercial property formerly owned by a Chinese tycoon has been put up for sale by the creditor as a liquidity crunch among mainland real estate entrepreneurs continues.
Shares of Japanese banks — which are seen as the most vulnerable in Asia to the turmoil gripping the US banking sector — underperformed as trading resumed after the Golden Week holiday.
Lynas Rare Earths Ltd.’s shares surged after Malaysian authorities granted a six-month extension to the Australia miner to get its rare earth plant in line with environmental requirements.
Expats aren’t the only ones feeling the pinch of rents in Singapore rising at the fastest pace in the world.
Asian shares advanced Monday after a chaotic week for financial markets ended Friday with a rally in risk assets.
