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BEIJING/BRASILIA, Brazil -- Chinese Foreign Minister Wang Yi has met with counterparts from Argentina, Peru and Bolivia in the past week, as Beijing intensifies efforts to court Latin American countries through its Belt and Road infrastructure-building initiative.
HONG KONG/NEW YORK -- American law firm Mayer Brown is set to carve out its Hong Kong operation amid U.S.-China tensions and an economic downturn on the mainland, Nikkei Asia has learned, a move that will make it the second most high-profile legal company to leave the market in recent months.
TOKYO -- Money market data released by the Bank of Japan on Tuesday suggested the government intervened in the currency market the day before, when the yen marked a dramatic turnaround against the U.S. dollar after dropping close to 12% from the start of the year.
TAIPEI -- Security cooperation between Japan, the Philippines and the U.S. will help deter China's military expansionism in the region, Taiwan's top diplomat said in an exclusive interview.
HONG KONG -- Six crypto-focused exchange-traded funds went public for the first time in Hong Kong on Tuesday, spelling potential competition for popular bitcoin products in the U.S. and symbolizing the city's ambition to become a hub for digital assets.
TOKYO -- The yen surged to 154 to the U.S. dollar on Monday after falling past the 160 mark, triggering speculation the Japanese government and central bank had intervened in the market to support the nation's currency.
JAKARTA -- Microsoft will invest $1.7 billion in new cloud and artificial intelligence infrastructure in Indonesia, Satya Nadella said as the chief of the U.S. tech giant began a tour of Southeast Asia on Tuesday.
NEW YORK/LONDON -- U.S. hedge fund Elliott Management has acquired a stake in Japanese trading house Sumitomo Corp. worth tens of billions of yen (10 billion yen equals $64 million), in a possible prelude to an activist shareholder push, people familiar with the matter said.