At least 15 killed in blast at pharma factory in India
At least 40 others injured, with officials in Andhra Pradesh state saying many suffered extensive chemical burns.
Operation asian news
Microsoft revamps reporting structure to give better visibility into cloud consumption revenue
Microsoft on Wednesday updated quarterly revenue guidance for its three business segments in a shift that stands to give investors better visibility into the software maker's growing cloud infrastructure business.
Philippines banned Pogos catering to Chinese betters, but world’s top gambling stock thrives
The world’s hottest gambling stock is riding strong demand for online betting at home in the Philippines, even as the global industry faces increasing scrutiny.
Vietnam's FPT invests $200m to launch AI services in Japan, other places
TOKYO -- Vietnamese tech major FPT is expanding its operations in Japan by investing $200 million to start cloud operations for artificial intelligence businesses and solution services for mainly Japanese companies' digital transformations early next year, its software chief told Nikkei Asia.
'Pick a number': Strategist says the U.S. dollar will drift much lower against the Japanese yen
The U.S. dollar is likely to continue to drift lower against the Japanese yen over the coming months, according to one market strategist, particularly as the yen-funded "carry trade" could have plenty of room to run.
JD.com stock drops as Walmart unloads stake for estimated $3.6bn
HONG KONG -- Shares of Chinese e-commerce player JD.com plunged in Hong Kong on Wednesday after U.S. group Walmart sold its entire stake in the online retailer for more than $3 billion.
Japan calls for 'integrated joint exercise' with India
NEW DELHI -- Japanese Defense Minister Minoru Kihara has called for an "integrated joint exercise" between the Indian Armed Forces and Japanese Ground, Maritime and Air Self-Defense Forces. The exercise will be managed by a joint operations command to be established by March 2025 to oversee the operations of the Japan Self-Defense Forces.
Macy’s cuts sales forecast as department stores struggle to draw shoppers
Macy's cut its full-year sales forecast Wednesday, as the department store operator said it is contending with selective shoppers and more promotions.