'Indonesia Bankrupt' rallies demand fiscal reform, end to flagship programs

JAKARTA -- Civil society groups, including students and ride-hailing drivers, staged demonstrations in several Indonesian cities on Friday against the government's handling of the economy , with the capital Jakarta witnessing its biggest protest since deadly unrest rocked the city last year.


Nikkei adds 11 stocks including Dai-ichi Life to high dividend index

TOKYO -- Nikkei will add 11 stocks, including Dai-ichi Life Holdings, to its Nikkei 225 High Dividend Yield Stock 50 index as part of its periodic review, while removing eight stocks including Mizuho Financial Group. The index will see fewer deletions than additions, reflecting prior removals made since the last annual review.

The changes will take effect from calculations on June 30.

The index, which consists of 50 Nikkei 225 components with high dividend yields, is reviewed based on projected


Nikkei revises dividend-focused indices, adjusts constituents

TOKYO -- Nikkei will add 12 stocks, including Dai-ichi Life Holdings, to the Nikkei Progressive and High Dividend Stock Index as part of its periodic review, while removing 12 stocks, such as Sumitomo Mitsui Trust Group.

The company will also review the Nikkei Consecutive Dividend Growth Stock Index, adding three stocks, including Sekisui House, and removing Astellas Pharma.

Changes to both indexes will take effect from calculations on June 30.

For the Nikkei Progressive and High Dividend Stock Index, constituents are selected based


Taiwan's tech companies must find their voice in Washington

Jason Hsu is a senior fellow at the Hudson Institute. Patrick Wilson is the founder of Semiconductor & Innovation Group, a Washington-based consultancy.


South Korean stocks close up 4.6% as hopes rise for US-Iran deal

SEOUL/TOKYO -- South Korean shares closed up 4.6% on Friday, riding the tail of an overnight stock rally in the U.S. as market participants bet on expectations for a Middle East settlement.


MetroResidences Japan eyes tenfold expansion to accommodate expats

TOKYO -- Serviced apartment provider MetroResidences Japan is planning to expand from 500 to 5,000 properties over the next five years, as it taps a growing temporary accommodation market for foreigners working in Japan.


Editor's Choice: Leaders gather in Tokyo to warn of 'unclear' future of Asia

Hello from Tokyo. Nikkei this week hosted one of its flagship events, the Future of Asia forum, with leaders such as Malaysian Prime Minister Anwar Ibrahim gathering in Japan's capital to discuss the region's geopolitical and economic outlook.

Now in its 31st year, the event comes at a time when Asia's future is increasingly unclear. The region faces the risk of fragmentation, driven by factors such as U.S. President Donald Trump's highly self-centered approach to global economics and


Indian investors lose faith in growth story as market returns stall

BENGALURU -- While India's economy continues to expand faster than most major peers, a growing number of retail investors are pulling back from domestic equities and questioning whether the country's future industries can deliver the returns that once made India a favorite among global investors.


SpaceX's $1.75tn IPO has an Asia problem

PALO ALTO, California -- Even before shares in Elon Musk's SpaceX start trading in New York on Friday, questions are growing over whether the company's freshly minted $1.75 trillion valuation is merited, fueled in part by an Asia-shaped question about its growth prospects.


South Korean stocks soar 8% as hopes rise for US-Iran deal

SEOUL/TOKYO -- South Korean stocks soared more than 8% at one point on Friday morning, riding the tail of an overnight stock rally in the U.S. as market participants bet on expectations for a Middle East settlement.