Asia news

• Nissan shares surge after activist investor takes stake

  12-11-2024 11:07
  
  Hedge fund Effissimo Capital is known for high-profile campaigns against big Japanese companies
  
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• Loyalty the key as impulsive Trump picks team for America First agenda

  13-11-2024 23:40
  
  President-elect’s team has China hawks, an alleged Assad defender and a Fox News host – all have been vocally loyalAs Donald Trump rushes to fill out his cabinet and enact his America First agenda in the United States and abroad, a clear throughline for his foreign policy and national security team has been a vocal loyalty to the president-elect – at least in this election cycle.The rapidly expanding roster includes established – and some Maga supporters would say establi
  
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• British Museum receives record £1bn donation of Chinese ceramics

  13-11-2024 22:30
  Collection of 1,700 pieces dating from third to 20th century is highest-value gift of objects in UK museum historyThe British Museum has been given a private collection of Chinese ceramics worth about £1bn, the highest-value object donation in UK museum history.The 1,700 pieces dating from the third to the 20th century have been given permanently by the trustees of the Sir Percival David Foundation. They had been on loan to the London museum since 2009. Continue reading...
  
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• South Korean police arrest 215 people in suspected $228m crypto scam

  13-11-2024 22:28
  
  Alleged criminal ring is the biggest cryptocurrency investment scam in country’s history, according to policeSouth Korean police have arrested 215 people on suspicion of stealing 320 billion won ($228.4m) in the biggest cryptocurrency investment scam in the country.Gyeonggi Nambu provincial police said on Wednesday that the arrests included the alleged mastermind of the organised crime group accused of selling 28 types of virtual tokens to about 15,000 people by promising high returns. Ref
  
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• South African tiger farms illegally smuggling body parts, says charity

  13-11-2024 18:37
  
  Biggest tiger farms outside Asia are operating freely in South Africa, Four Pawsanimal charity saysThe largest tiger farms outside Asia are operating freely in South Africa, facilitating the illegal smuggling of tiger body parts, according to a report by an animal welfare charity.Research by Four Paws, which is campaigning to shut down South Africa’s big cat industry, found 103 places in the country where tigers were kept in captivity in 2023 or 2024 or had been kept during the previous th
  
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• South Korean actor Song Jae-lim dies aged 39

  13-11-2024 17:25
  
  Star of Korean dramas Moon Embracing the Sun and Queen Woo was found dead at his home in SeoulSong Jae-lim, a South Korean actor known for his roles in dramas Moon Embracing the Sun and Queen Woo, was found dead at his home in Seoul. He was 39.Officials at Seoul’s Seongdong district police station didn’t immediately comment on the cause of death. Continue reading...
  
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• Q&A: How will a Trump presidency transform global trade and financial markets?

  13-11-2024 13:19
  
  Ask questions to FT journalists about the economic direction of travel under the incoming president
  
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• COP29’s carbon trading deal: quick win or damaging precedent?

  13-11-2024 13:00
  Early agreement on carbon market guidelines has divided opinion
  
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• South America’s ‘made in China’ megaport prepares to transform trade

  13-11-2024 12:00
  Beijing-backed project in Peru poses strategic challenge to US as Donald Trump prepares to take office in January
  
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• 7-Eleven starts talks with ACT on $47bn takeover bid as ‘white knight’ emerges

  13-11-2024 08:49
  
  Japanese convenience store operator receives rival buyout offer from members of founding family
  
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• As China mourns, some question delay in release of information about deadly car attack

  13-11-2024 07:39
  
  It took authorities more than a day to release details of the incident, in which a man drove his car into a crowd, killing 35 peopleIn the hours since a 63-year-old man rammed his car into a sports centre in Zhuhai, killing 35 people and severely injuring 43 others, questions have swirled on Chinese social media about why it took authorities so long to reveal the details.The driver, identified by his family name of Fan, was discovered in the car with self-inflicted knife wounds to his neck. Poli
  
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• Birdwatch: a close encounter with a flying rhino in Borneo

  13-11-2024 07:00
  
  Even among other sightings including orangutans, the rhinoceros hornbill was the highlight of the trip I’d never seen a flying rhino before. Then again, I’d never visited the lowland rainforest of Borneo. This is the main stronghold of the rhinoceros hornbill, one of the largest and most imposing of its bizarre family.So when a huge black-and-white bird flew out of the forest canopy, I was suitably impressed. I was most struck by its huge and prominent bill, topped with the orange-ti
  
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• When India’s dream faded — and art flourished

  13-11-2024 06:01
  
  A London show reveals how artists responded to the crumbling of post-independence ideals
  
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• US-China relations will depend on which Trump shows up

  13-11-2024 06:01
  Under the new president, the range of possible outcomes is wider than ever before
  
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• China CSI A500 index sparks fresh interest from global managers

  13-11-2024 06:01
  
  Neuberger Berman, BlackRock and Manulife have submitted applications for ‘enhanced’ CSI A500 index funds
  
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• Xi Jinping faces heat over failure to protect Chinese workers overseas

  13-11-2024 02:13
  
  Bomb attack by Pakistan separatists adds to pressure on Beijing to secure interests
  
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• Xi faces heat over failure to protect Chinese workers overseas

  13-11-2024 02:13
  
  Bomb attack by Pakistan separatists adds to pressure on Beijing to secure interests
  
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• FirstFT: Trump’s cabinet picks signal hawkish stance on China

  12-11-2024 23:13
  Also in today’s newsletter, a deadly car-ramming attack in China, and Nissan shares jump
  
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• Dollar hits six-month high as Trump tariff talk fuels inflation fears

  12-11-2024 23:03
  
  US Treasury yields rise as traders scale back expectations for interest rate cuts
  
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• Trump’s cabinet picks signal tougher stance on China

  12-11-2024 22:37
  
  Experts say appointments of Mike Waltz and others show the president-elect is preparing a more hawkish stance on Beijing
  
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• Trump’s cabinet picks signal tough stance on China

  12-11-2024 22:37
  Experts say appointments of Mike Waltz and others show president-elect is preparing more hawkish stance on Beijing
  
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• China: people hold vigil at scene where driver killed dozens of people – video

  12-11-2024 21:21
  
  Residents in the southern Chinese city of Zhuhai gathered on Tuesday to lay flowers and light candles in memory of those killed in a violent attack at a sports complex. Authorities say a 62-year-old man, reportedly angered by his divorce settlement, deliberately drove his car into a crowd of people exercising at the complex on Monday night, leaving 35 dead and more than 40 injuredDozens killed in China after car driven into sports centre Continue reading...
  
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• European stocks and currencies tumble on Trump tariff fears

  12-11-2024 19:15
  
  US Treasury yields rise as trades pare bets on US interest rate cuts
  
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• China urges ‘constructive dialogue’ on climate change under Trump

  12-11-2024 19:08
  
  Envoy tells COP29 summit in Baku that it is ‘firmly’ committed to controlling methane and other super-pollutants
  
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• Chinese driver accused of killing 35 people in crowded pedestrian zone

  12-11-2024 14:59
  
  Incident in southern city of Zhuhai is latest in string of apparently random attacks
  
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• Chinese driver accused of killing 35 people in car-ramming attack

  12-11-2024 14:59
  
  Incident in southern city of Zhuhai follows string of apparently random acts of violence
  
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• Nissan shares jump after activist investor takes stake

  12-11-2024 13:56
  
  Hedge fund Effissimo Capital is known for high-profile campaigns against big Japanese companies
  
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• Dozens killed in China after car driven into sports centre

  12-11-2024 13:21
  
  Man detained after incident on Monday night in Zhuhai, in which 35 people were killed and 43 injuredA driver killed 35 people and severely injured another 43 when he rammed his car into people exercising at a sports centre in the southern Chinese city of Zhuhai, police said on Tuesday.Police had detained a 62-year-old man at the sports centre in Zhuhai after the ramming late on Monday, on the eve of an airshow by the People’s Liberation Army that is hosted annually in the city. Continue re
  
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• SoftBank returns to profit as Indian IPOs boost Vision Fund gains

  12-11-2024 10:15
  
  Investors await founder Masayoshi Son’s next big move on artificial intelligence
  
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• AstraZeneca embarks on major US expansion

  12-11-2024 09:45
  UK’s largest drugmaker to invest $3.5bn by end of 2026 as it targets doubling of revenues
  
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