Your weekly lineup of Asia's biggest business and political events
Welcome to Your Week in Asia.
Companies including SoftBank and Foxconn are reporting financial results this week. Second quarter GDP figures for the Philippines, Singapore and Malaysia will also be released.
In South Korea, Samsung Electronics Vice Chairman Lee Jae-yong’s fate will be decided as the Justice Ministry hosts a meeting to evaluate candidates to be granted pardons later this month.
Get the best of our coverage of Asia and much more by following us on Twitter @NikkeiAsia.
MONDAY
SoftBank Group reports earnings
Investors are bracing for another quarter of lackluster results at Masayoshi Son’s SoftBank Group. In addition to a weak performance of its portfolio of publicly listed tech stocks, some of its privately held unicorns are reportedly raising ‘down rounds’ — fresh funding at valuations lower than in the past. In recent public appearances, Son has spent more time talking up Arm, the U.K. semiconductor designer he wants to take public, than about his passion for fast-growing startups.
TUESDAY
Pardon for Samsung’s Lee?
South Korea’s Justice Ministry is expected to host a two-day meeting on pardons ahead of Liberation Day on Aug. 15. Samsung Electronics Vice Chairman Lee Jae-yong, who was paroled last year after serving 19 months on bribery charges, can be pardoned this time as public opinion favors him. There’s speculation that Lee might promote himself to chairman if he’s granted a pardon. The job has been vacant since his father’s death in 2020.
Philippines releases Q2 GDP
WEDNESDAY
World 5G Convention in Harbin, China
China’s World 5G Convention is scheduled to kick off in the northeastern city of Harbin, where organizers aim to draft a blueprint for cooperation among industry players. Besides featuring exhibitions by fifth-generation wireless infrastructure providers, the three-day event will also present speakers like Stephen Orlins, president of the National Committee on U.S.-China Relations.
Thailand monetary policy announcement
Japan’s Prime Minister Fumio Kishida to reshuffle cabinet
Company earnings: Foxconn, Honda, Cathay Pacific
THURSDAY
Chinese survey ship arrives in Sri Lanka
The Yuan Wang 5, a high-tech Chinese military survey vessel, is set to arrive in Sri Lanka. The strategically important Indian Ocean island nation has given the green light for the vessel to dock at the Chinese-built and controlled Hambantota Port, in the country’s south. India has registered its concern with Colombo over the ship’s visit. The incident highlights the diplomatic dilemma Sri Lanka faces in navigating relations with the two powers it must rely on to escape its worst economic crisis.
Singapore releases Q2 GDP
Company earnings: China Mobile
FRIDAY
Malaysia releases Q2 GDP
Discover the all new
Nikkei Asia app
Discover the all new
Nikkei Asia app
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.
By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our Cookie Policy to learn how you can update your cookie settings.