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HONG KONG -- A high-profile court case brought by Hong Kong's financial watchdog against a local hedge fund has thrown a spotlight on market-moving block trading. Hong Kong has recently stepped up regulation of this market practice, which is little known among small investors.
TOKYO -- The U.S., Japan and the Philippines will soon launch discussions among experts to share expertise on how to combat disinformation, including fake news spread online by actors linked to China and Russia.
TOKYO -- Japanese trading house Itochu is discussing partnership opportunities with Warren Buffett's Berkshire Hathaway after securing an apparel tie-up, Chief Financial Officer Tsuyoshi Hachimura told Nikkei.
TOKYO -- The Japanese auto industry is facing higher costs and potentially less design freedom as artificial intelligence chips become more expensive and reliance on overseas companies like Nvidia grows, said the semiconductor development chief of Turing, a Tokyo-based self-driving startup.
BUSAN, South Korea -- North Korea declared Thursday that it had successfully fired a multiwarhead missile, with which it hopes to gain the ability to attack multiple U.S. targets at the same time.
TOKYO -- The yen fell past 160 against the dollar for the first time since late April when the government and the Bank of Japan began to support the currency, stoking expectations of more intervention.
TOKYO -- The next round of Japanese government intervention to stop the yen's slide will likely happen if the currency hits 165 versus the dollar, according to Bank of America Securities and Citigroup.
MANILA -- The Philippine central bank's chief said that an interest rate cut in August is "somewhat more likely than before" during a news briefing on Thursday that followed a decision to keep its key rate on hold for now.