Caixin
Behind the massive sell-off in Chinese wealth management products
New normal: Brokers find they have to sate different risk appetites
Markets
Companies
TSMC weighs second chip plant in Japan, expansion in Europe
Chip titan's profit jumps 78% in Q4, forecasts 'decline' in 2023 first half
Finance
Chinese bank deposits exceed loans by $6.5tn as caution prevails
Gap is largest since 1997, with spending sinking under cloudy economic forecasts
Currencies
Global foreign reserves dwindle as countries counter dollar's rise
Japan's holdings sink 13%, sharpest on record; China falls short of IMF benchmark
Economy
Japan GDP shrinks 0.2% in November, hit by inflation: JCER
Household consumption fell 1.2%, the largest dip in 9 months
Property
Hong Kong's office market faces glut risk despite China reopening
Demand from mainland companies not expected to keep up with supply increase
Caixin
Chinese developers facing $141 billion in maturing bonds this year
Default risks remain despite government measures, consultant warns
Pharmaceuticals
Hopes for new Alzheimer's drug Leqembi lift Eisai shares
Lower cost could help spread use but better testing is key, analysts say
Commodities
Olam plans Singapore, Saudi Arabia dual IPO of agricultural arm
Temasek-backed commodity trader hopes to list subsidiary in first half of 2023
China tech
Tencent ramps up bet on short video platform in ByteDance challenge
Chinese tech giant leans on Channels to boost slowing growth in other divisions
Technology
India's Tata Consultancy Services Q3 profit misses view
Tech services group first of its Indian peers to report quarterly results
Semiconductors
Samsung maintains pace of chip investment despite plunging profit
South Korean company races to build capacity while Micron, SK Hynix slow down
Economy
U.S. Fed to raise rates near 5.5% by May, predicts Citigroup CEO
Fraser expects 2023 recession but considers financial system more stable
Market Spotlight
China's opening and U.S. rates to stir commodity markets in 2023
From oil to gold, prices likely to ease from historic highs seen in 2022
Property
No-bath apartments win over Japan's minimalist youth
Preference for simplicity and social interaction fuel trend
Datawatch
Japan's fiscal rigidity spawns vicious cycle of low growth
Only 30% of budget spared for discretionary spending due to limited tax revenues
Bonds
Japan's 10-year bond yield hits BOJ's new 0.5% cap
Government debt finds few buyers beyond the central bank
Bonds
Rakuten to issue $1.8bn in bonds to shore up mobile business
Company's biggest-ever offering comes after downgrade to junk rating
Companies
Samsung sees Q4 operating profit down 69% amid recession worries
South Korean tech giant hit by low demand for chips, smartphones; shares up 1.4%
Bonds
Highest bond coupon in 7 years puts pressure on BOJ yield cap
10-year JGBs hit 0.5% mark, signaling heavier Japanese fiscal burden
