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Recent Developments and News in Asia

Jenni Reid - Bank of England's Bailey: 'More restrictive policy' could still be needed due to labor market shocks - cnbc.com - county Jerome - state Wyoming - city Powell, county Jerome - city Jackson

Bank of England's Bailey: 'More restrictive policy' could still be needed due to labor market shocks

Bank of England Governor Andrew Bailey will hail the progress made in dampening inflation in the U.K. in a Friday speech, but also caution that monetary policy may need to remain restrictive for longer than expected due to shocks from the labor market.

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Nikkei staff writer - Seven & i takeover bid signals opening for corporate bargain hunters - asia.nikkei.com - Japan - Canada - city Tokyo

Seven & i takeover bid signals opening for corporate bargain hunters

TOKYO -- The proposed acquisition of Seven & i Holdings by Canada's Alimentation Couche-Tard highlights how even the largest Japanese companies are vulnerable to takeovers, given their relatively low valuations compared with counterparts overseas.

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Caixin - A new wave of Chinese food and beverages hit Southeast Asia - asia.nikkei.com - China

A new wave of Chinese food and beverages hit Southeast Asia

Forget kung pao chicken and sweet and sour pork. There's a new wave of food and beverage chains flowing out of China, and it's all about Sichuan hot pot, braised chicken rice and pickle fish soup -- as well as mainstays like bubble tea.

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Morgan Stanley - Rohan Goswami - Pat Gelsinger - Intel has hired Morgan Stanley, other advisers for activist defense - cnbc.com - state Texas

Intel has hired Morgan Stanley, other advisers for activist defense

Intel is working with advisors including Morgan Stanley to help defend itself against activist investors, according to people familiar with the matter, as CEO Pat Gelsinger attempts to turn around the struggling chipmaker.

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Donald Trump - Nikki Haley - Nikki Haley says isolationist policy is not healthy while showing support for Trump in Taiwan - apnews.com - China - Taiwan - Usa - Russia - Israel - North Korea - Ukraine - city Beijing - city Taipei, Taiwan

Nikki Haley says isolationist policy is not healthy while showing support for Trump in Taiwan

TAIPEI, Taiwan (AP) — Former U.S. ambassador to the United Nations, Nikki Haley, put in good words for Republican nominee Donald Trump on Saturday during her visit to Taiwan, saying that an isolationist policy isn’t “healthy” and called on her party to stand with her country’s allies.

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Nikkei staff writer - RYO MUKANO - Kioxia poised for long-sought IPO as AI boom trickles down - asia.nikkei.com - city Tokyo

Kioxia poised for long-sought IPO as AI boom trickles down

TOKYO -- Friday's application by Kioxia Holdings to list on the Tokyo Stock Exchange comes six years after its spinoff from Toshiba and three years later than planned, due partly to a narrow specialization that has left it vulnerable to the market's ups and downs.

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Why 7-Eleven Is a National Treasure in Japan - nytimes.com - Japan - Canada

Why 7-Eleven Is a National Treasure in Japan

In Japan, convenience stores are celebrated. Clean and bright, they are stocked with fresh and affordable lunchboxes, steamed buns and stews in the winter. The celebrity chef Anthony Bourdain once called them “the one vice” he couldn’t give up.

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Xi Jinping - Joe Biden - Wang Yi - KEN MORIYASU - Nikkei Asia diplomatic correspondent - Jake Sullivan - Jake Sullivan to visit China with eye on last Biden-Xi engagement - asia.nikkei.com - China - Usa - state California - city Beijing - city Chicago

Jake Sullivan to visit China with eye on last Biden-Xi engagement

CHICAGO -- U.S. national security adviser Jake Sullivan visits Beijing next week to meet top Chinese diplomat Wang Yi, the first trip to China by a U.S. national security adviser since 2016, part of efforts to stabilize relations between the two superpowers.

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