Welcome to Your Week in Asia.
China will be on holiday this week to celebrate the Lunar New Year, but we will be receiving news from Beijing about the Winter Olympics, which starts on Friday. Elsewhere, markets will be closed for at least part of the week in South Korea, Singapore, Taiwan and Hong Kong.
Get the best of our coverage of Asia and much more by following us on Twitter @NikkeiAsia.
MONDAY
Deadline for GlobalWafers-Siltronic deal
Taiwan’s GlobalWafers needs to clear regulatory hurdles to buy its German peer Siltronic by Monday. The deal is still waiting on Germany, the final country needed for approval.
GlobalWafers, the world’s third-largest maker of semiconductor wafers, has made a more than $4 billion offer for the German company as it intends to challenge leading Japanese players. If the deal goes through, it will help GlobalWafers increase its global market share to up to…
