Markets
Tokyo bourse tells Toyota, SoftBank, others to lift capital efficiency
Blue chips among about 1,800 companies with P/B ratios less than 1
Markets
Automobiles
Great Wall Motor's Russia revenue jumps 73% as rivals recede
China's largest SUV maker has 'no plans' to acquire abandoned Western auto assets
Markets
Venture capital tries to find way in post-SVB era
Southeast Asia aspires to host the next startup financing ecosystem
Business trends
Japan companies' stock buybacks soar to highest in 16 years
$70bn in repurchases for fiscal 2022 stand in contrast to declines elsewhere
Companies
South Korean activist funds pick up steam on legal change
K-pop agency SM, other companies under pressure from homegrown investor groups
Economy
China only bright spot as World Bank cuts ASEAN growth outlook
RCEP to deliver more gains than CPTPP, but risks U.S. economic distancing
Markets
Emerging-market stocks fall behind as China and India disappoint
Bank failures heighten investor jitters, spurring flight to safety
Finance
University of Tokyo taps ex-BlackRock exec to triple alternative investments
$330m endowment fund seeks higher returns to raise school's global standing
Energy
Three Chinese state oil majors tight-lipped on Russia
Executives avoid straight answers despite deepening ties between Xi and Putin
Commodities
Nippon Steel India JV to receive $5bn in Japanese loans for expansion
JBIC joins financing, aims to bolster Japan in No. 2 steel market
IPO
Merdeka Battery Materials puts $1.28bn price on nickel smelter plan
Investment comes as Indonesian company aims to raise up to $580m in IPO
Interview
Malaysia wants palm oil hubs in Egypt, Saudi Arabia: deputy PM
World's second-largest exporter eager to diversify markets amid row with EU
Electric cars in China
BYD seeks to beat Volkswagen as China's top automaker: chairman
Wang Chuanfu thanks Warren Buffett for longtime support despite recent sell-off
IPO
Japan digital bank IPO defies market downturn
SBI Sumishin Net Bank is country's first digital lender to list
China tech
Alibaba's sweeping overhaul triggers mass layoff fears
Shift from centralized structure seen as cutting influence of CEO Daniel Zhang
Economy
Bank of Thailand raises key rate to 1.75%, a four-year high
Economists expect central bank to maintain hawkish stance for now
Economy
Japan lags behind U.S., U.K. in curbing pandemic deficits
Rising interest rates pose risk for Tokyo as it struggles to scale back stimulus
Markets
Japan's historical futures market reborn as precious metals exchange
Osaka exchange targets individual investors with small 10-gram trading units
Commodities
European diesel futures down 55% as Asian imports ease supply pinch
Concerns rise that Russian oil may be refined in Asia and exported to EU
