Welcome to Your Week in Asia.
United Nations climate negotiations begin in Brazil, but its decisions will reverberate on the other side of the Pacific. Asian nations face the challenge of balancing development with the need for cleaner economies, all the while being among the most vulnerable to the impacts of climate change. How to finance the energy transition and adaptation efforts will be key areas of discussion.
India's main bourses saw a blockbuster October, with initial public offerings worth 448.31 billion rupees ($5.06 billion) being held that month despite worries over U.S. tariffs. November is set for more high-profile listings, notably from the SoftBank-backed eyewear retailer Lenskart this week.
Get the best of our coverage of Asia and much more by following us on X, where our handle is @NikkeiAsia. We are also on Bluesky, with the handle @asia.nikkei.com.
MONDAY
U.N. climate conference
The United Nations' COP climate conference officially kicks off in Belem in the Brazilian Amazon, with Secretary-General Antonio Guterres having warned that world is set to overshoot the now 10-year-old Paris Agreement's more ambitious goal of keeping the global temperature increase to 1.5 C. The multilateral negotiations come as the U.S., under the Trump administration, pushes back against climate action, having signaled its withdrawal from the Paris Agreement. Delegates will be watching to see how Asian heavyweights such as China and India might fill the leadership void.
Lenskart share listing
Shares of India's largest eyewear retailer, Lenskart, are set to commence trading on the country's main bourses, after the company's $821 million initial public offering was oversubscribed more than 28 times. The listing kicks off a spurt of startups going public in India, including brokerage Groww, educational tech company PhysicsWallah and payments business Pine Labs.
TUESDAY
SoftBank earnings
SoftBank Group releases earnings for the first half of its fiscal year, which began in April, with investor attention centered on its artificial intelligence strategy and outlook as market concerns grow over a potential bubble in the rapidly expanding sector.
Earnings: SEA, Sony
WEDNESDAY
Foxconn earnings
Foxconn reports its third quarter earnings. The Taiwanese contract electronics maker, long known as a key Apple supplier, has bet big on the AI boom. It is now Nvidia's most important AI server maker and has seen its share price shoot up by around 34% this year. Investors will be keen to hear its outlook on demand for AI products, as well as consumer electronics, heading into the holiday season.
IPO: Farmiera
Data: India inflation
THURSDAY
Hasina trial verdict
Sheikh Hasina, the former Bangladeshi leader ousted in last year's revolution, will receive the verdict in a trial for crimes against humanity based on her alleged ordering of mass killings during the uprising. However, Hasina is in exile in India and has ignored calls to return to Bangladesh. The verdict comes as the country moves toward elections early next year, with political parties having agreed on a political reform charter last month.
Thai king and queen visit China
Thai King Maha Vajiralongkorn and Queen Suthida arrive on a state visit to China through Nov. 17 to celebrate 50 years of bilateral ties.
Earnings: Singapore Airlines, Kioxia, Tencent, JD.com
FRIDAY
China Singles Day shopping campaign wraps up
China's Singles Day online shopping campaign ends, capping an extended monthlong promotion aimed at boosting weak consumer spending as merchants compete to offer the best deals. Originally pioneered by Alibaba Group Holding in 2009 as a one-day event on Nov. 11 targeting single college students, the event has since snowballed into a global shopping phenomenon adopted by retailers in other countries. In China, however, provincial governments have tightened consumer goods subsidies in recent months, limiting uptake of discounts.
China economic data
China releases key monthly economic statistics for October, including retail sales, home prices and industrial output. The figures will be the first to come out since the Communist Party unveiled an outline of its next five-year plan, which is due to start in 2026. Questions over the country's economic outlook persist, with domestic demand sluggish and lingering trade tensions despite a recent truce with the U.S.
Earnings: Thai Airways, Tata Motors
Data: Malaysia gross domestic product, India trade
