Japan's biggest intelligence reform since WWII: 5 things to know

TOKYO -- Japan has moved closer to creating a centralized national intelligence agency -- often described as its equivalent to the CIA -- after the upper house approved legislation on Wednesday, following lower house passage in April.


Hong Kong airport expansion accelerates bay area aviation competition

TOKYO/HONG KONG -- Hong Kong International Airport opened its newest terminal on Wednesday, promising passengers an efficient gateway as competition for air traffic over southern China grows increasingly fierce.


India's GIFT City offers gateway for investors seeking global stocks

BENGALURU -- India's top asset managers are turning to a fledgling financial hub intended to rival Singapore and Hong Kong in order to tap Indian investors' growing appetite for global equities amid lackluster returns at home.


Japan Inc cautious on Philippine business as Ferdinand Marcos visits Tokyo

MANILA -- Philippine President Ferdinand Marcos Jr. will hold talks with Japanese Prime Minister Sanae Takaichi during a four-day state visit to Tokyo that began Tuesday. While he and Takaichi are expected to deepen and accelerate their countries' security partnership, Marcos is likely to have a more difficult time pitching Philippine investment opportunities to Japanese investors and business leaders.


Indonesian prosecutors stoke disquiet over questionable graft cases

JAKARTA -- Indonesian law enforcement agencies are coming under increasing scrutiny over the high-profile corruption prosecutions of public officials and state-owned company executives for decisions that prosecutors have argued cost the government millions of dollars but, according to analysts, do not appear to have been motivated by criminal intent.


Thai conglomerate CP faces internal dispute over finance business

BANGKOK -- CP All, operator of 7-Eleven convenience stores in Thailand, has raised objections to a restructuring plan for its finance business pushed by its major shareholder, Charoen Pokphand Group, underscoring an internal dispute within one of the country's biggest conglomerates.


Rising bond yields put pressure on BOJ's taper plan

TOKYO -- How long will the Bank of Japan's pare-down of Japanese government bond purchases last? That is the question hanging over the market as long-term yields climb, with the answer possibly affecting Tokyo's stance on future BOJ rate hikes.


Nippon Life and peers rack up record profits on rising bond yields

TOKYO -- Combined core operating profit at major Japanese life insurers rose 14% to an all-time high of 4.4 trillion yen ($27.6 billion) in fiscal 2025, beating the previous year's record, thanks to an increase in government bond yields that has boosted investment returns.


IKEA, local rivals look to squeeze into Japan's shrinking living spaces

TOKYO -- IKEA Japan's product launch Tuesday highlighted furniture geared to making the most of limited space, a growing focus for home goods manufacturers as consumers opt for smaller places to live amid the rising price of housing.


The absence of disaster was a form of progress in Trump's Beijing visit

Vivian Toh is chief editor of London-based TechTechChina, a Chinese tech news startup.