Markets
Asian markets tumble as investors fear stagflation
Stocks in Japan and China follow lead from decline in U.S. retailers
Business
Economy
Japan's April imports hit record high on rising energy costs
Ninth straight month of trade deficit marks longest streak of red ink since 2015
Economy
Thai inflation pressure grows as government cuts oil subsidy
Businesses demand curbs on spiraling diesel price
Startups
Japan's SBI to invest in Asian tech with new Singapore fund
Financial giant partners with local university, South Korean insurance group
Technology
Sony to expand entertainment into metaverse and EVs
Japanese company touts Bungie purchase and Honda partnership as key moves
Markets
Dow drops more than 1,100 points on grim U.S. retail news
S&P 500 falls 4% in sharpest decline since June 2020
Finance
Hong Kong touts ESG credentials with world's biggest retail green bond
$2.5bn offering is city's latest building block in hub for sustainable finance
Engineering & Construction
Japanese builder Tokyu wins $338m bid to dig Manila subway tunnels
Order part of President Duterte's congestion-easing project in capital
Companies
Hyundai plans to invest $16.5 bln in South Korea EV business
Auto group plans to build 1.44 million EVs a year at home by 2030.
Markets
Chinese lockdowns take toll on stocks with big China exposure
Woodside and Shiseido suffer more than rivals less reliant on Asia's top economy
Media & Entertainment
Tencent revenues fail to grow for first time since 2004 IPO
President says it will take time for tech sector to benefit from Beijing's support
Transportation
Singapore Airlines trims losses as Asia travel slowly rebounds
Japan and South Korea peers also look to ride elusive COVID recovery tailwind
Interview
Citigroup offers helping hand for 'partners' exiting Russia
CEO Jane Fraser outlines future as Wall Street bank leaves 13 markets
Ukraine war
Nippon Yusen plans to end Russia automotive land freight business
Transportation demand has plunged due to fall in car production amid sanctions
Companies
Japan water leak disrupts supply to plants near Toyota hub
Nation's manufacturing heartland threatened with service interruptions
Startups
India's 'quick commerce' delivery expands beyond groceries
Emerging sector attracts startups looking to challenge Walmart and Tata
Energy
Japan nuclear regulator OKs plan to release treated Fukushima water
Fishery groups fear reputational damage; China, South Korea also express concerns
Sri Lanka crisis
Sri Lanka pushes airline privatization as debt grace period ends
Experts welcome PM's plan for national carrier despite doubts over finding buyer
Travel & Leisure
Myanmar embraces staycations to escape political tension
Local residents snag hotel deals as demand from foreigners fades
Property
Prices for new homes in China fall as COVID bites
April average is first drop since December; year-on-year pace slowest since 2015