Asiaπ¬π§π¬πͺπ·πΊJapan's Nidec suspected of over 1,000 cases of quality tampering
Japanese electronics giant Nidec is under investigation for suspected quality tampering at multiple plants. The company has reported that around 1,000 products are involved in the potential fraud, raising concerns about ...
Asiaπ¬π§π¬πͺπ·πΊTrump-Xi summit live: US president arrives in Beijing
US President Joe Biden arrived in Beijing for a historic summit with Chinese President Xi Jinping. The leaders are expected to discuss trade, climate change, and other critical global issues as tensions between the two c...
Asiaπ¬π§π¬πͺπ·πΊSingapore's Sea logs face profit decline amid e-commerce competition
Singapore-based Sea, a leading e-commerce platform, reported a drop in profits due to intensified competition. The company faces pressure from rival platforms as consumer shopping habits shift online....
Asiaπ¬π§π¬πͺπ·πΊChina ice cream maker Mixue expands with Snow King merchandise
Mixue, a prominent Chinese ice cream chain, has introduced Snow King branded products in an effort to tap into the growing popularity of international brands. This move aims to expand its market reach and appeal to young...
Asiaπ¬π§π¬πͺπ·πΊNSK, NTN merge to become world's largest bearing player
Japanese轴ζΏεΆι ε NSK and NTN have agreed to merge, forming a new entity that will be the world's leading player in the sector. This merger is expected to enhance the company's global competitiveness and market share....
Asiaπ¬π§π¬πͺπ·πΊUS solar firms accuse China of tariff evasion through Ethiopia
American solar manufacturers have accused China of evading tariffs by exporting goods through Ethiopia. The allegations highlight the complex nature of global trade and the challenges faced by local industries in protect...
Asiaπ¬π§π¬πͺπ·πΊNYK Line plans to diversify oil tanker fleet outside Mideast
Japanese shipping company NYK Line has announced its intention to expand its fleet of oil tankers, sourcing them from outside the Middle East. This move is seen as a strategic shift to reduce dependency on volatile oil p...
Asiaπ¬π§π¬πͺπ·πΊPrivate equity firm EQT to buy Japan restaurant review operator for $3.7bn
EQT, a private equity firm, is set to acquire a major Japanese restaurant review company for $3.7 billion in a strategic move to expand its presence in the food and hospitality sector....
Asiaπ¬π§π¬πͺπ·πΊTrump and Xi need to master a new art of the deal
The upcoming Trump-Xi summit presents an opportunity for leaders from the United States and China to negotiate on various issues, ranging from trade tensions to regional security concerns....
Asiaπ¬π§π¬πͺπ·πΊChinese rare-earth miners bullish ahead of Trump-Xi summit
China's rare-earth miners are optimistic about the upcoming Trump-Xi summit, viewing it as a chance to secure favorable terms and improve global market confidence....
Asiaπ¬π§π¬πͺπ·πΊBond yields jump in Japan and South Korea as US-Iran talks snag
Bond yields in both Japan and South Korea have surged following the breakdown of US-Iran negotiations, reflecting growing concerns over geopolitical tensions and their potential impact on global markets....
Asiaπ¬π§π¬πͺπ·πΊMitsubishi Heavy expects profit surge as Japan eases arms export rules
Mitsubishi Heavy Industries is set to report a significant profit increase this quarter following the easing of Japan's arms export regulations, which are expected to open new markets for its defense equipment....
Asiaπ¬π§π¬πͺπ·πΊSouth Korea floats AI profits for 'people's dividend'
In a move aimed at boosting domestic spending, South Korea is considering issuing a new share of its national carrier using the profits from artificial intelligence projects. The decision comes as the country seeks to ad...
Asiaπ¬π§π¬πͺπ·πΊChina Inc.'s global growth curbs Trump tariff powers undercut by courts
Despite President Donald Trump's tariffs on US goods, China Inc. continues to see robust growth abroad. Courts in several countries have upheld the legality of Chinese exports and intellectual property rights, effectivel...
Asiaπ¬π§π¬πͺπ·πΊChina widens oil purchases to extend influence from US to Iran
In a strategic move aimed at diversifying its energy sources and reducing reliance on the United States, China has broadened its oil purchases from various countries. This includes increased purchases from Russia and oth...
Asiaπ¬π§π¬πͺπ·πΊJapan Inc., households step up overseas investment despite weak yen
In an effort to stimulate growth and diversify its economic base, Japanese corporations and households are increasing their investments abroad. This comes at a time when the weakening of the yen has made Japanese exports...
Asiaπ¬π§π¬πͺπ·πΊChina loves food deliveries. Restaurants are starving as a result
The rise of food delivery services in China has led to a significant increase in the number of restaurants, but it is also causing some establishments to struggle. With many people ordering meals online and preferring co...
Asiaπ¬π§π¬πͺπ·πΊGlobal market volatility after Japan PM and US President meet
Japanese Prime Minister Shinzo Abe met with US President Donald Trump in Osaka, resulting in discussions on economic cooperation and trade issues. Nikkei Asia reports that FX volatility was described as 'undesirable' by ...
Asiaπ¬π§π¬πͺπ·πΊSamsung strike looms after marathon wage talks collapse
Nikkei Asia reports that a potential strike by Samsung workers could follow the collapse of marathon wage talks. The union and company failed to reach an agreement on key terms, leaving both sides at odds over proposed p...
Asiaπ¬π§π¬πͺπ·πΊIndia's Tata Sons faces growing IPO pressure after RBI rule change
Nikkei Asia reports that India's Tata Sons is facing mounting pressure to issue an initial public offering (IPO) following a recent change in the Reserve Bank of India's rules. The new regulations, aimed at enhancing mar...