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TOKYO -- Daiwa Securities Group will acquire an estimated 25 billion yen ($159 million) in shares of Japan's Aozora Bank, increasing its stake in the lender to around 20%, Nikkei has learned.
India's aviation sector remains robust but external pressures pose the biggest risks for growth, according to the CEO of Vistara Airlines.
An intense debate on whether Australia – a popular immigration destination in the Asia-Pacific that’s been hit with rising living costs, rents and home prices – was letting too many people into the country, kicked off last month after opposition leader Peter Dutton criticised planned migration figures in the government’s new federal budget for being too high.
May's surprising pace of job growth and wage rise added to the conviction that the Federal Reserve will stay on hold through this summer and possibly beyond.
Unemployment and inflation among the biggest challenges facing Modi’s reduced coalition, analysts say.
North Korea sent more than 300 trash-filled balloons across the border in a fresh blitz starting Saturday, Seoul’s military said, with the president’s office saying this had forced it to take “corresponding measures”.
North Korea again sent trash-carrying balloons towards the South on Saturday, Seoul’s military said, after anti-Pyongyang activists said they had dispatched balloons with leaflets against leader Kim Jong-un across the border.
After Prime Minister Narendra Modi led the Bharatiya Janata Party (BJP) to emphatic wins in the last two national elections, a chant started growing louder among its workers – that of a Congress party-free India. But a setback for the BJP in its Hindi-speaking stronghold in this year’s polls has signalled a possible revival of the opposition, analysts say.