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BANGKOK -- When the new cabinet lineup for Thai Prime Minister Srettha Thavisin's seven-month-old government was released on Sunday morning, nothing was surprising except the demotion of his foreign minister, Parnpree Bahiddha-nukara. By late afternoon, Parnpree had resigned, having lost his rank as one of six deputy prime ministers.
KANAZAWA, Japan -- “If a big earthquake comes, hurry up and get to higher ground!”
TOKYO -- U.S. fund manager Carlyle Group is close to acquiring KFC Holdings Japan, the operator of the Kentucky Fried Chicken fast-food chain in the country, Nikkei has learned.
WASHINGTON -- Widening rifts in global trade and investment could persist longer than a few years and hurt the world's ability to handle inflation and other challenges, the International Monetary Fund's Gita Gopinath told Nikkei recently.
KUALA LUMPUR -- A new Malaysian venture capital firm focused on the semiconductor industry plans to invest in more than 10 startups through its $209 million fund, hoping to help advance the Southeast Asian country's chip industry.
TOKYO -- U.S. fund manager Carlyle Group is close to acquiring KFC Holdings Japan, the operator of the Kentucky Fried Chicken fast-food chain in the country, Nikkei has learned.
TOKYO -- Nikkei and JPX Market Innovation & Research will remove Benefit One, an employee benefits provider in Japan, from the JPX-Nikkei Index 400 on May 7 due to the company being designated as a stock "to be delisted" by the Tokyo Stock Exchange.
TOKYO -- A group of 17 trading, power and gas companies, as well as George Soros's Soros Capital Management, will invest 5 billion yen ($32 million) in a Japanese startup operating an online electricity exchange, Nikkei has learned, in an effort to smooth out wholesale prices and help small power retailers compete.