China, Japan and the rest of Asia — growth, policy and the export channel.
101 report(s) in the archive
A sudden overnight move pushed the dollar-yen rate under 157, lifting Japan's trading houses and dragging down exporters like Fast Retailing.
The yen strengthened past ¥157 to the dollar after traders raised bets on further Bank of Japan interest rate increases, lifting rate-sensitive Japanese stocks including the country's five major trading houses.
The move came as the G20 meeting wrapped up, while Berkshire Hathaway's Greg Abel said Japanese bond yields aren't worrying the conglomerate's Japanese trading-house holdings.
The yen jumped sharply after breaking above 160 per dollar, prompting speculation that Japanese authorities may step in to support the currency.
A jump in crude prices and rising bond yields pushed benchmark indexes lower across Asia even as Australia's economy beat growth forecasts.
Asian stocks fell in the September 1 session as an oil price surge and rising bond yields outweighed a stronger-than-expected Australian GDP report.
The gains came the same day India reported factory growth at a five-year low, highlighting a split in Asian demand signals.
Chinese retail stocks advanced after Beijing announced fresh measures aimed at boosting domestic consumption.
The move came as Tokyo and Washington pledged to keep coordinating on the yen, a sign policymakers are watching bond markets closely.
Japan's 10-year government bond yield crossed 3% for the first time in three decades, even as Japanese and US officials said they would continue coordinating on the yen.
A report suggesting the Japanese video game publisher could go private drove the largest single-day gain in recent memory for the stock.
Square Enix shares surged 11% after a report indicated the company could be taken private.
The fast-fashion retailer's long-delayed listing priced at what dealers called a bargain valuation, yet shares slid instead of holding the line.
Shein shares fell in their Hong Kong trading debut on August 31 after the company priced its long-awaited IPO at a discounted valuation, with some reports predicting only a flat open.
Hawkish comments from Fed candidate Kevin Warsh at the Jackson Hole gathering pushed traders to price in more monetary tightening, hitting Japanese bonds and the currency together.
The yen weakened past ¥160 per dollar and Japanese government bond yields rose to their highest level in three decades after investors raised bets on tighter monetary policy following the Jackson Hole meeting.
Bank of China jumped 5% on higher profit and a bigger dividend, even as new mortgage rules hit property stocks and raised funding concerns.
Bank of China shares rose 5% on stronger H1 profit and a lifted dividend payout, while China's property sector slid on new mortgage rules that could squeeze developer funding.
August factory activity improved slightly but remained below the growth threshold for a second straight month, while China's three largest carriers reported steep first-half losses on fuel costs.
China's factory activity contracted for a second consecutive month in August even as it improved slightly, while the country's three biggest airlines posted heavy first-half losses driven by a fuel-price shock.
The divergence comes as Japan's yen weakened again despite a $97 billion intervention effort, a currency move some are watching for spillover into risk assets like bitcoin.
US bitcoin ETFs broke a nine-day streak of inflows even as ether ETFs kept extending their own run, a split that comes alongside renewed yen weakness despite $97 billion in aid.
The Treasury Secretary flagged spillover risk from yen volatility into broader markets, according to two separate wire reports.
US Treasury Secretary Bessent said disorderly yen moves risk spilling over into global markets, a warning repeated across two wire reports.
South Korea's won hit a 13-month high after the Bank of Korea's rate hike, even as broader currency markets stayed quiet awaiting Warsh's remarks.
Asia FX and the dollar traded in a narrow range ahead of Kevin Warsh's Jackson Hole speech, with South Korea's won the standout mover after a Bank of Korea rate hike pushed it to a 13-month high.
The Japanese insurer is reviewing several acquisition targets, including Australia's Suncorp and Canada's Intact Financial, following Berkshire Hathaway's move into the stock.
Tokio Marine is weighing a takeover of Suncorp after Berkshire Hathaway took a stake in the Japanese insurer, according to the Financial Times.
Nucor and Cleveland-Cliffs climbed even though Morgan Stanley says worldwide steel production is edging lower, dragged down by declines in China.
US steelmakers Nucor and Cleveland-Cliffs advanced even as Morgan Stanley flagged a decline in global steel output, with weakness in China offsetting growth elsewhere.
Automakers including Tesla began pulling vehicles from Chinese roads after regulators flagged a door-handle safety flaw, triggering a broad selloff in EV shares.
Tesla and other automakers began a record vehicle recall in China over door-handle safety, and EV shares fell in response.
Michael Burry's Scion Asset Management dropped Alibaba for JD.com just as Alibaba priced a massive stock placement to fund AI spending.
Alibaba shares fell in Hong Kong after Michael Burry disclosed he had exited his Alibaba stake in favor of JD.com, compounding pressure from a $10.2 billion share placement the company launched to fund AI investment.
The e-commerce giant is turning to equity markets for what would be one of the largest share placements in the city's history.
Alibaba is planning a Hong Kong share sale of $10.2 billion, up from an initial proposal of $10 billion, to fund artificial-intelligence investment.
Alibaba's quarterly earnings came in ¥2.20 below estimates even as revenue topped forecasts; NetEase shares fell on a profit shortfall
Alibaba missed profit estimates by ¥2.20 per share while beating on revenue, and NetEase shares slid after its own profit miss, leaving the sector's quarter mixed rather than uniformly weak.
Eight additional operators join this week, bringing 2026 additions to twenty and marking Beijing's most aggressive push yet to embed the e-CNY across the domestic banking system.
The People's Bank of China added eight banks to its digital yuan operator network this week, the second expansion round of the year and part of a tripling of the roster year-to-date. The buildout signals a strategic shift from pilot phase to systemic infrastructure, with implications for cross-border settlement and payments incumbents.