Japan's Yoshihide Suga, a long-time ally of outgoing Prime Minister Shinzo Abe, won a ruling Liberal Democratic Party (LDP) leadership election on Monday, paving the way for him to become prime minister in a parliamentary vote this week.
Shares of Japanese conglomerate SoftBank Group soared on Monday following an announcement that the firm is set to sell U.K. chip designer Arm to U.S. chip firm Nvidia.
Chinese property software company Ming Yuan Cloud on Monday launched an IPO in Hong Kong to raise as much as HK$6.17 billion ($798 million), a deal term sheet showed, as the city gears up for its second busiest week for equity offerings this year.
Caught between the worst flooding season of the decade and the worst global health crisis of a generation, many face an impossible choice between protecting their lives or their livelihoods.
As the U.S. puts pressure on China's technology sector, Beijing is looking to boost its homegrown semiconductor industry. But its reliance on foreign tech creates big challenges.
While industry sources warn South Korea has a long way to go, the need for self-reliance in chip technology has become more critical with the coronavirus pandemic and U.S.-China tensions threatening to accelerate supply chain shifts.
SoftBank bought Arm for $31.4 billion in 2016, and the sale is seen as a move to raise much-needed cash as it has recently lost a significant amount of money in its high-profile investments in companies like WeWork and Uber.
The Philippine peso has strengthened around 4% against the U.S. dollar this year — one of the few Asian currencies that have recorded gains versus the greenback.
The historic fires have burned millions of acres and decimated homes in California, Oregon and Washington State, as officials brace for more fatalities and evacuations.
Disney had high hopes that "Mulan" would thrive in China, but the live-action remake of the beloved animated film didn't make quite the splash that was expected.
Large crowds of people rallied in Auckland on Saturday against the government's social distancing restrictions imposed on the country's largest city after an outbreak of the novel coronavirus last month.
The opening ceremony for talks between the Afghan government and Taliban insurgents began in Qatar's capital Doha on Saturday, marking the start of negotiations aimed at ending two decades of war that has killed tens of thousands of combatants and civilians.
Raids on Chinese journalists living in Australia are "utterly appalling" and damage relations between the two countries, Chinese state news agency Xinhua said.