Asia-Pacific Business

HSBC chairman says spinoff of bank’s Asian business ‘will not happen’

Huawei’s parent company plans lowest dividend payout per share since 2019

China’s BYD hands back top EV seller title to Tesla after first quarter sales decline

South Korea’s president vows not to back down in the face of doctors’ strike over medical school plan

China’s SAIC Motor aims to slash jobs at GM, VW ventures and EV unit, sources say

China’s forecast-beating economic data buys officials time to figure out fix

China’s Country Garden hires Kroll to carry out liquidation analysis, sources say

Japanese monetary authorities confer on weak yen, hint at intervention option

Canada pushes for trade in Vietnam as West de-risks from China

Chinese EV giant BYD posts slowest quarterly profit growth in two years

Nissan promises aggressive electrification push to cut costs, boost global sales

Tesla reportedly trims car production at plant in China amid slower EV sales growth

Wary of inflation, Taiwan’s central bank raises key rate in surprise move

China’s Tencent posts weak fourth-quarter revenue growth, plans to double share buybacks

China’s Xi Jinping says he’s willing to work with Angola as it moves on from oil

China tightens scrutiny over IPOs, listed firms in bid to revive stock market

Toyota agrees to biggest wage hike in 25 years, paves way for Bank of Japan policy shift

Electric vehicle sales in China slowed in January-February

Growing number of Bank of Japan policy-makers leaning toward exiting negative rates in March: sources

More Chinese women choosing singledom as country’s economy stutters

China’s 5% economic growth target for 2024 is achievable, state planner says

Apple’s iPhone sales in China plunge 24% as Huawei’s popularity surges

China’s EV bosses take spotlight at country’s annual parliamentary meeting as priorities shift

Chinese battery giant CATL looks to set up R&D centres in Hong Kong to underpin technology exports

Japanese government reportedly considers calling end to deflation in wake of rising prices

China broadens law on state security to include ‘work secrets’

Ex-adviser to former Japanese PM Shinzo Abe opposes early end to negative interest rates

China slashes mortgage reference rates in bid to revive struggling property market

China’s central bank to keep policy support for economy

Bank of Japan rules out rapid rate hikes, signals ending risky asset buying

Japan’s SoftBank Group marks a return to profit as it cuts Vision Fund losses

Alibaba boosts share buy back as revenues miss third-quarter estimates