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JAKARTA -- French hotel group Accor will open a hotel in Indonesia's new capital in the coming months, a rare foreign investment in the initial phase of the development on Borneo, and says it sees growing opportunities across Asia.
TOKYO -- The Japanese government will increase the limit on the stake it is allowed to hold in copper mines, Nikkei has learned, in a bid to encourage investment in global copper projects by the private sector and ensure stable supplies of the key resource.
TOKYO -- Resona Holdings President and Group CEO Masahiro Minami signaled plans to aggressively reform the group through digital investments and acquisitions in a recent interview with Nikkei, even as higher interest rates in Japan provide an earnings windfall.
TOKYO -- A coalition of more than 400 Japanese companies and organizations plans to set up a $1 billion fund as early as the fiscal half ending September to bolster hydrogen supply chains, with an eye on Japan's economic security, Nikkei has learned.
WASHINGTON -- U.S. President Joe Biden will attend a summit with his Quad partners after the election this year, a senior national security adviser told Nikkei Asia, reviving delayed talks that had led to questions over the four-way grouping's importance.
TOKYO -- A gaming company backed by Saudi Arabia's Public Investment Fund (PIF) is eager to forge stronger bonds with Japanese game developers, such as Nintendo and Capcom, to open up avenues for investment and game localization in the Middle East.
TOKYO -- A top Nippon Steel executive tasked with negotiating the company's acquisition of U.S. Steel said he was unable to secure a meeting with United Steelworkers (USW) union leaders during a trip to discuss the deal in late May.
TOKYO -- Indonesian social commerce startup Evermos is eyeing an initial public offering in two years, co-founder Iqbal Muslimin said in an interview with Nikkei Asia, as the five-year-old company aims to serve the over 80%of Indonesians who own a smartphone but do not use e-commerce.