Turbulence ahoi
Takeover battle between private equity firms could trigger wave of aggressive dealmaking in Tokyo
Parting shot at geopolitical rival is effort to shelter US manufacturers from green-energy powerhouse
Nippon Life’s acquisition underscores sector’s struggle to find growth opportunities in its domestic market
ReNew has lost over 30% of its market value in three years since US listing
Pyongyang slams South Korean president as ‘fascist’ who has plunged his country into ‘pandemonium’
And China’s monetary policy stance
Conglomerate pulls out of $500mn loan deal as it wrestles with bribery allegations
Washington’s attempt to build alliance in east Asia could founder if a left-wing president succeeds Yoon Suk Yeol
Plus, Evergrande’s liquidators go after a private jet and an $800bn asset manager prepares to sue over Credit Suisse debt wipeout
The communities are an unintended side-effect of growing South Korean investment in the US
Acquisition would be largest-ever overseas agreement by Japanese insurer
If shoppers are plumping for homegrown — and are willing to pay up for beauty — it bodes well for growth of local brands
Chinese manufacturers have benefited from Biden-era subsidies — but that may be about to change
Trump’s criticism of EV incentives casts a cloud over largest US investment in clean tech by any foreign automaker
Deal for Spanish plant comes despite EU efforts to reduce reliance on Chinese technology
Stocks rise after Beijing signals more measures to boost economy
Fears of power vacuum after Yoon Suk Yeol survives impeachment vote
In this newsletter’s first edition, the CFA’s decline and advice from Uday Kotak
Airbus plane was one of several markers of wealth amassed by Hui Ka Yan during now-collapsed developer’s boom years
Move comes as tensions deepen between Washington and Beijing over development of AI
Incoming Reserve Bank of India governor Sanjay Malhotra seen as more likely to cut rates despite rising inflation
British major is pulling back from renewables to refocus on oil and gas
Markets rally as Communist party officials to meet in coming days to discuss country’s economic policy
Beijing’s aviation authorities have partially restricted swaths of airspace, indicating imminent military activity
