Struggling with his lowest approval ratings since taking office, Japanese Prime Minister Fumio Kishida is considering temporary tax reductions, the Nikkei newspaper reported, days ahead of two special elections.
Nvidia Corp. suffered its worst stock decline in more than two months after the Biden administration stepped up efforts to keep advanced chips out of China, a campaign that includes restricting the company’s sale of processors designed specifically for the Chinese market.
China’s financial regulators told its policy banks and biggest lenders to issue new loans to cover offshore debt issued by local governments maturing this year and in 2024, ramping up efforts to ease a credit crunch for highly indebted municipalities.
Hon Hai Precision Industry Co., best known as the maker of Apple Inc.’s iPhone, is expanding its push into electric vehicles by integrating artificial intelligence, attempting to bolster its strategy for one of the hottest segments of the automotive industry.
Singapore’s high living cost is by far the most important issue facing the city-state, according to a new survey of residents, signaling that pressure remains on the government to address key issues including wages and housing affordability.
Nexperia Holding BV, the Dutch unit of Shanghai-listed Wingtech Technology Co. caught in the US-China semiconductor dispute, is looking to raise as much as $1 billion in a 5-year loan, according to people familiar with the deal.
San Miguel Corp., the biggest Philippine company by revenue, is in talks with at least 10 banks for a $2 billion loan as it looks to refinance a similar-sized facility maturing in December next year, according to three people familiar with the matter.
President Joe Biden travels to Israel with tensions high after an explosion at a Gaza hospital killed hundreds of people. Oil rallied following the blast and Arab leaders canceled a planned summit with Biden on Wednesday, complicating his push to contain a conflict that threatens to engulf the region.
BYD Co. shares jumped the most in more than nine months in Hong Kong trading after China’s biggest electric car maker posted record preliminary third-quarter earnings.
Vanguard Group Inc. unloaded its 49% stake in a robo-advisory joint venture with Jack Ma-backed Ant Group Co., accelerating its exit from China’s 29 trillion yuan ($4 trillion) mutual fund market.
