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Nikkei asian news

Mitsui Sumitomo Insurance to double U.K. underwriting, CEO says - asia.nikkei.com - Japan - Britain

Mitsui Sumitomo Insurance to double U.K. underwriting, CEO says

LONDON -- Japan's Mitsui Sumitomo Insurance plans to roughly double its insurance underwriting capacity in the U.K. to 3 billion pounds ($3.78 billion) within five years, the company's chief told Nikkei in an interview.

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Nikkei staff writer - AKIRA KITADO - AI commitment gives competitive edge: Expedia CEO - asia.nikkei.com - Japan -  Tokyo - county Will

AI commitment gives competitive edge: Expedia CEO

TOKYO -- Expedia will maintain its commitment to artificial intelligence technology to retain an edge on the competition in the global tourism industry, Peter Kern, vice chairman and chief executive officer of Expedia Group told Nikkei Asia on Tuesday.

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RIHO NAGAO - Japan aims to export metro railway tech to Dominican Republic - asia.nikkei.com - Japan -  Tokyo - China

Japan aims to export metro railway tech to Dominican Republic

TOKYO -- Japan's government is backing a bid to export underground railway technology from the country for a metro project in the Dominican Republic, Nikkei has learned.

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Nikkei staff writer - RYOSUKE HANADA - Indian imports of Russian oil drop to lowest in a year - asia.nikkei.com - Russia - India -  New Delhi -  Mumbai

Indian imports of Russian oil drop to lowest in a year

MUMBAI -- India's imports of Russian crude oil fell in January to a one-year low, down 35% from last year's peak, as New Delhi diversifies its sources.

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Nikkei staff writer - KENSAKU IHARA - Hong Kong high-rise apartment prices fall as China's rich look abroad - asia.nikkei.com - Japan - China - Hong Kong -  Hong Kong

Hong Kong high-rise apartment prices fall as China's rich look abroad

HONG KONG -- Property prices are falling in Hong Kong, with price cuts spreading for high-rise luxury apartments. The development partly suggests that affluent people in mainland China, who have sent real estate prices in Hong Kong soaring, are turning their investment away from the city to Japan and other overseas destinations.

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William Pesek - Japan’s split-screen economy: roaring stocks and shrinking GDP - scmp.com - Japan -  Tokyo - Usa - Germany

Japan’s split-screen economy: roaring stocks and shrinking GDP

If ever there was proof that a nation’s economic health and stock market dynamics are two entirely different things, it’s present-day Japan.

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Nikkei staff writer - Japan's Kyocera to build U.S. satellite parts plant in Pennsylvania - asia.nikkei.com - Japan - state Pennsylvania

Japan's Kyocera to build U.S. satellite parts plant in Pennsylvania

KYOTO, Japan -- Japanese electronics group Kyocera plans to build a factory in the U.S. state of Pennsylvania to make components used in satellites and other aerospace equipment, Nikkei has learned.

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Nikkei staff writer - KEIICHI FURUKAWA - Sony to make laser diodes that can help double hard drive capacity - asia.nikkei.com -  Tokyo

Sony to make laser diodes that can help double hard drive capacity

TOKYO -- Sony Group will begin mass-producing laser diodes that promise to help double the capacity of hard disk drives (HDDs) and meet today's insatiable demand for data centers, Nikkei has learned.

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