The Indian government has notified changes to the Insolvency & Bankruptcy Code, easing rules for resolution in micro, small, and medium enterprises (MSMEs), while tightening conditions to prevent conflicts of interest in pre-packaged insolvency resolution, the Economic Times of India reported.
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Malaysia’s Asia Digital Engineering Sdn. Bhd. has secured a US$100mil bank loan to refinance part of its expensive private debt, a sign lenders are growing comfortable backing the company after its parent Capital A Bhd.’s exit from distressed status, TheStar.com reported. The proceeds of the loan received from Qatar’s QNB Group will be used to fund the aircraft maintenance firm’s planned expansion and capacity growth, the company said in a statement on Friday.
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Japan’s key inflation gauge rose at the slowest pace in four years as the government continued to help ease the cost of living, creating difficult optics for the Bank of Japan to raise interest rates soon, Bloomberg reported. Japan’s core consumer price index, which excludes fresh food, rose 1.4% in April from a year earlier, the internal affairs ministry said Friday. That was lower than all estimates in a survey of economists. Taking out energy prices as well, the CPI climbed 1.9% on an annual basis, also below expectations.
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Japan’s exports grew at a faster-than-expected pace in April, as a weak yen and resilient global demand offset the negative impact of Middle East tensions, the Wall Street Journal reported. But economists expect that momentum to weaken in the months ahead as higher oil prices threaten to derail global economic growth and hurt external demand. Japan’s outbound shipments rose 14.8% from a year earlier last month, government data showed Thursday. That compared with an 11.5% rise in March and significantly exceeded the 9.3% increase forecast by economists polled by data provider LSEG.
During China’s slow-moving housing crash, there have been brief stretches when prices stabilized, raising hopes that the multiyear slide was finally over, the New York Times reported. Each time, those reprieves have proved short-lived — pauses before the market resumed its decline. After housing prices in several of China’s biggest cities leveled off in the first few months of the year, the market is again at a crossroads.
Adani Ports and Special Economic Zone on Thursday, May 21, 2026, said it will acquire a 100% stake in Jaypee Fertilizers & Industries from Jaiprakash Associates for ₹1,500 crore, as part of the National Company Law Tribunal (NCLT) approved resolution plan for Jaiprakash Associates Ltd. (JAL), The Hindu reported. Adani Ports and Special Economic Zone Ltd (APSEZ), in a regulatory filing, said the acquisition will further consolidate the company's inland logistics presence and service capabilities in North India.
Videocon Group's former chairman and managing director Venugopal N Dhoot has moved the Supreme Court seeking inclusion of the foreign oil and gas assets of various Videocon entities in the insolvency process of Videocon Industries (VIL), a plea rejected by the National Company Law Appellate Tribunal (NCLAT) last week, The Economic Times reported. The appeal filed this week is yet to be listed for hearing before the SC.
Corporate insolvency resolutions dropped to a 13-quarter low of 36 cases being resolved by the National Company Law Tribune (NCLT) during Jan-March 2026, compared with 70 a year ago, with just eight plans approved in February and seven in March, the Times of India reported. This was the lowest March quarter for the resolution process since Jan-March 2022 when just 29 cases were approved, according to Insolvency & Bankruptcy Board of India (IBBI) data.
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