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Asian news from Tokyo

RIHO NAGAO - Nikkei staff writer - Japan and ASEAN to craft auto strategy to counter China's EVs - asia.nikkei.com - Japan -  Tokyo - China

Japan and ASEAN to craft auto strategy to counter China's EVs

TOKYO -- Japan and ASEAN intend to create their first joint strategy on automobile production and sales within the Southeast Asian bloc, as Chinese electric vehicles become more prevalent there.

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MITSURU OBE - Nikkei Asia chief business news correspondent - Location is key in Tokyo office market's bifurcated recovery - asia.nikkei.com - Japan -  Tokyo

Location is key in Tokyo office market's bifurcated recovery

TOKYO -- Tokyo's office market has bottomed out after a four-year COVID-induced downturn, but experts warn of a two-speed recovery as the spread of hybrid work leaves office space in some locations struggling to find tenants.

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Nikkei staff writer - Japan's 10-year government bond yield rises to 11-year high - asia.nikkei.com - Japan -  Tokyo

Japan's 10-year government bond yield rises to 11-year high

TOKYO -- Japan's 10-year government bond yield rose to the highest level since May 2013 in Tokyo on Monday, as investors speculate that the Bank of Japan might raise the policy rate or cut the government bond purchases due to the weak yen.

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Top Japan firms agree 5.58% average pay hike, business lobby says - asia.nikkei.com - Japan -  Tokyo

Top Japan firms agree 5.58% average pay hike, business lobby says

TOKYO (Reuters) -- Top Japanese companies agreed to wage increases of an average 5.58% at annual labor talks that wrapped up in March, the Keidanren business lobby's preliminary data showed on Monday, representing the heftiest pay rise in 33 years.

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Nikkei staff writers - Carlyle to buy Japan KFC operator in tender offer - asia.nikkei.com - Japan -  Tokyo

Carlyle to buy Japan KFC operator in tender offer

TOKYO -- U.S. private equity manager Carlyle Group said Monday it will seek to take the operator of KFC fried chicken restaurants in Japan private.

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MITSURU OBE - Nikkei Asia chief business news correspondent - Bain Capital aims to double its investment in Japan - asia.nikkei.com - Japan -  Tokyo

Bain Capital aims to double its investment in Japan

TOKYO -- Bain Capital is looking to double its investment in Japan in the next five years with the country emerging from decades of stagnation as one of the hottest destinations for global investors.

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Potential for earlier BOJ rate hike rises amid hawkish signals, weak yen - asia.nikkei.com - Japan -  Tokyo - county Bond

Potential for earlier BOJ rate hike rises amid hawkish signals, weak yen

TOKYO -- When the Bank of Japan ended the world's only negative interest policy in March, it emphasized that financial conditions would be kept easy and interest rates would slowly increase. 

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Yoshimasa Hayashi - Fumio Kishida - Jake Sullivan - Saudi king to be treated for lung inflammation, state news agency says - cnbc.com - Japan -  Tokyo - Washington - Saudi Arabia -  Riyadh -  Jeddah

Saudi king to be treated for lung inflammation, state news agency says

Saudi King Salman will undergo treatment at Al Salam Palace in Jeddah for a lung inflammation, the state news agency said on Sunday, hours after he underwent medical tests.

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