Yasutaka Tamura

Citigroup Inc. sees more Asian companies selling shares in the US as technology firms look to raise valuations and tap the deep pools of capital in the world’s largest equity market.

Hitachi Construction Machinery Co.’s shares fell the most in almost three weeks after its major shareholder Hitachi Ltd. offloaded all holding, in the latest move by the Japanese conglomerate to divest some of its assets to focus on core businesses.

Lintec Corp. shares fell to a three-month low on Friday after its largest shareholder announced plans to dispose its stake, as a growing number of Japanese companies divest non-core assets to improve their capital efficiency.

Japan’s high frequency trader Dharmacapital Co. moved all its staff to Singapore earlier this month, according to people familiar with the matter, effectively leaving Tokyo with no such firms operating out of the city.

Comparatively high income tax rates and language barriers are among the factors cited by some finance professionals for choosing other cities over the Japanese capital.

Leveraged exchange-traded funds linked to single stocks in Japan can amplify volatility in the domestic market and aren’t fit to be sold in the country, the nation’s regulator warned.

Smoky skies are making an unwelcome comeback in Malaysia and Singapore as the dry season peaks.

Go Inc., the taxi booking app operator that pulled off Japan’s biggest initial public offering this year, said it is sustaining strong ride volume even after fare hikes.

Go President Hiroshi Nakajima said riders have absorbed higher prices and demand hasn’t fallen as Taxi users are generally less price-sensitive.

Maya Funaki, a Hong Kong-based portfolio manager at RBC BlueBay Asset Management, is leaving the firm, according to a spokesperson for the investment arm of Royal Bank of Canada.