Fintech unicorn Airwallex’s valuation hits $1.8bn after new funding
HONG KONG -- Airwallex, a Hong Kong-based fintech unicorn, has raised $160 million in a fresh round of funding, the...
Economic
Beijing Diary: Heroes from the ‘Anti-imperialist Hospital’
The Chinese government is battling to contain the coronavirus outbreak that has infected tens of thousands and killed more than...
Coronavirus latest: Philippine cuts policy rate unexpectedly
2:50 p.m. The Philippine central bank cuts its benchmark interest rate 50 basis points ahead of a May 21 policy meeting...
Myanmar allows Korean and Thai banks’ entry to boost investment
YANGON -- Seven banks from around Asia are to enter Myanmar, raising the prospect that a more active presence by...
Coronavirus latest: China’s home prices resume climb as virus impact fades
The Nikkei Asian Review is tracking the spread of the new coronavirus that originated in the central Chinese city of...
Telework rush leaves Japanese companies at risk of cyberattack
A hurried shift to telework is leaving Japanese companies open to cyberattacks through videoconferencing services, cloud storage and unsecure internet...
Seven major foreign banks’ entry to boost FDI inflow in Myanmar
YANGON -- Seven foreign banks, including Siam Commercial Bank, a top-three bank in Thailand, and Bank of China Hong Kong,...
China companies defy stimulus efforts by borrowing to save
HONG KONG -- Chinese companies are hampering official efforts to revive the economy during the coronavirus pandemic by borrowing from...
Xi fears Japan-led manufacturing exodus from China
TOKYO -- Amid the coronavirus pandemic, Japanese Prime Minister Shinzo Abe has proposed building an economy that is less dependent...
Abe warms to $900 payouts for all Japanese after missteps
TOKYO -- Prime Minister Shinzo Abe is now considering a cash handout of 100,000 yen ($930) to every citizen as a...
