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TOKYO -- Sumitomo Mitsui Card, Japan's leading credit card company, plans to start a travel booking platform as it expands the services offered to customers, Nikkei has learned.
In Nikkei Asia News Roundup's latest episode, Jada Nagumo and Brian Chapman discuss what to expect from China's third plenum, a forum that has been known to be a launchpad for major economic policies.
TOKYO -- Sri Lanka is calling for new investments from Japan after reaching an agreement to restructure $5.8 billion of debt with creditors, including Japan, India and China, hoping to revive its economy and achieve balanced diplomacy.
HONG KONG -- China's brisk growth in the first quarter helped put the government's full-year target within reach, but economists still expect a slowdown in the coming months and years due to the country's property crisis and escalating trade tensions.
SINGAPORE -- Singapore-based real estate investment and management group CapitaLand Investment plans to more than double its Japan holdings in a bid to diversify away from China's troubled property market.
TAIPEI -- Taiwan's new foreign minister is making a fresh push on economic diplomacy, with plans to set up industrial zones overseas and support small businesses' expansion abroad, according to several government officials and foreign diplomats in Taipei.
TOKYO -- Japanese pharmaceutical company Eisai is developing an Alzheimer's disease treatment that targets a protein linked to symptoms, aiming to release it in the U.S. by fiscal 2030, Nikkei has learned.
The Japanese yen weakened to fresh 38-year lows on Friday, crossing the 161 mark against the dollar for the first time since 1986 and reaching a high of 161.27, according to LSEG data.