India small banks boost NRI deposit rates after RBI move to shore up dollar reserves India’s small banks are offering higher NRI deposit rates after an RBI initiative to shore …
Sato Asahi
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Business
Central Asia data center race intensifies as Uzbekistan eyes year-end TAS-1 completion
by Sato Asahiby Sato AsahiData Centers in Central Asia: Uzbekistan’s TAS-1 Nears 2026 Completion as Kazakhstan’s Nvidia‑Backed Project Targets 125MW Uzbekistan and Kazakhstan are accelerating construction of data centers in Central Asia, with Uzbekistan’s …
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Business
Indonesia IPO market stalls amid policy uncertainty despite Southeast Asia rebound
by Sato Asahiby Sato AsahiIndonesia IPO Market Stalls as Policy Uncertainty Drives Issuers to Delay Listings Indonesia IPO market stalls despite regional rebound; policy uncertainty and valuation concerns prompt issuers to delay listings and …
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Business
Yen Intervention Confirmed After Trump Says Tokyo Sought US Help
by Sato Asahiby Sato AsahiJapan and U.S. Execute Coordinated Yen Intervention, Tokyo Confirms Japan and the U.S. conducted a coordinated yen intervention to prop up the currency, Tokyo’s finance ministry confirmed, marking the first …
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Business
Pakistan applies for $10bn U.S. currency backstop after mediating Iran talks
by Sato Asahiby Sato AsahiPakistan Seeks $10 Billion U.S. Backstop After Mediating U.S.-Iran Talks Pakistan has applied for a U.S. foreign currency backstop worth up to $10 billion to shore up reserves, Nikkei Asia …
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Taiwan economy soars 12.92% in Q2 as AI boom and U.S. ties lift output Taiwan economy grew 12.92% year-on-year in Q2 as AI investment and stronger U.S. trade lift exports, …
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Business
Itochu plans to acquire 50% stake in Aviation Capital Group for ¥300bn
by Sato Asahiby Sato AsahiItochu to buy 50% of Aviation Capital Group in reported ¥300 billion deal Itochu to buy 50% of Aviation Capital Group in reported ¥300 billion deal TOKYO — Itochu Corporation …
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Business
India’s state fuel retailers absorb Rs181.5 billion quarterly losses to shield consumers
by Sato Asahiby Sato AsahiIndia fuel retailers report ₹181.49bn losses in June quarter while sales rise India fuel retailers report ₹181.5bn losses in the June quarter as state-run companies shield consumers from the U.S.–Iran …
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Couche-Tard buys Zabka for 32.6 billion zloty, expanding its Eastern Europe footprint Alimentation Couche-Tard buys Zabka for 32.6 billion zloty (~$8.7bn), strengthening its presence in Poland after Seven & i …
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Business
US Energy Department Welcomes Japanese Tech Firms for Genesis Mission Fusion and Supercomputing
by Sato Asahiby Sato AsahiU.S. Energy Department Welcomes Japanese Tech Firms to Genesis Mission on Fusion and Supercomputing U.S. Energy Department invites Japanese technology firms to join the Genesis Mission for nuclear fusion, supercomputing …