The Asia Eight

Daily must-reads from the world’s most dynamic region

March 01, 2021

1 TOP STORY: Rarity not priced into rare earths: official

2 ASIA MARKETS: HSI, CSI300 and Nikkei 225 advance

3 ATF TV: The growing importance of ESG to investors

4 NEWS: Fed on the hook as US Treasury yields advance

5 NEWS: China-Australia spat reflected in investment drop

6 NEWS: Big finance responds to global warming concern

7 NEWS: Xi postpones Japan visit again as tensions rise

8 ATF BIG PICTURE: Global rollout of vaccines charted

01 Top Story Rare earth price rise fear as minister intervenes

Shares of rare earth producers soar after minister says they are sold at 'earth' prices, not as though they are rare; but jump in demand for these elements comes from EV carmakers and their use in wind power and electronics, which is tipped for double over next 5 years

02 Asia Markets

Hong Kong’s HSI climbs 1.6% to 29,452.57, China's CSI300 rises 1.2% to 3,551.40 and Japan’s Nikkei 225 index advances 2.4% to 29,663.5.

03 ATF TV ESG importance

Alex Woody of law firm White and Case in Tokyo looks over the role ESG plays in modern investment decisions

04 Crunch time for T yields

Another spike in benchmark rates could push Fed chief Powell into action; Warren Buffett warns that bonds are not the place to be, but Chinese corporate debt offers value

05 China-Oz investment falls

Inflows slid almost two-thirds last year to less than US$1 billion as the impact of the global pandemic was compounded by increasingly fraught ties between Beijing and Canberra

06 Big finance goes green

Banks in EU to publish world's first 'green' yardstick from next year and exchanges are ready to launch carbon offset futures

07 Xi postpones Japan trip

Already delayed tour would have come at a tense time in relations as Beijing and Tokyo continue spat over territorial waters and the crackdown on democracy in Hong Kong

08 ATF Big Picture