Japan chip equipment maker Disco to open India sales base
TOKYO -- Japanese chipmaking device supplier Disco is set to form a subsidiary in India as early as September for marketing and helping manufacturers set up semiconductor fabs in the country.
Trends asian news
U.S. consumer prices rise moderately; annual increase slows to below 3%
WASHINGTON (Reuters) -- U.S. consumer prices rose moderately in July and the annual increase in inflation slowed to below 3% for the first time since early 2021, further strengthening expectations the Federal Reserve will cut interest rates next month.
Japan stocks surge 3.5% on return from holiday with weak yen's support
TOKYO (Reuters) -- The Nikkei Stock Average was up 3.5% on Tuesday, with tech shares leading the rally as sentiment was boosted from a weaker yen when traders returned after a public holiday.
Vietnam payment app uses Detective Conan to lure customers to stores
HO CHI MINH CITY -- A Vietnamese payment app is using a popular Japanese anime to draw customers into physical stores, part of a trend toward online-to-offline (O2O) commerce in the growing Southeast Asian economy.
Central banks dump dollars and yuan in favor of gold
TOKYO -- Central banks are diversifying away from the dollar and yuan while loading up their foreign exchange reserves with a "stateless currency," gold, in a nod to intensifying geopolitical tensions and global economic uncertainties.
SoftBank-backed Indian EV startup Ola Electric pops 20% on debut valuing firm at $4.8 billion
Shares of Ola Electric surged 20% in their market debut Friday, valuing the Indian electric vehicle startup at around $4.8 billion.
Stock futures are little changed after S&P 500 registers best day since 2022: Live updates
Stock futures were slightly higher on Thursday night after investors regained some ground from this week's sell-off.
Drug epidemic sweeps South Korea as ring run by university students busted
The mastermind behind a South Korean university drug ring busted by authorities recently wasn’t a stereotypical drug dealer.