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Recent Developments and News in Asia

JACK STONE TRUITT - Nikkei staff writer - Chinese self-driving startup WeRide delays U.S. IPO - asia.nikkei.com - China - New York

Chinese self-driving startup WeRide delays U.S. IPO

NEW YORK - Self-driving startup WeRide postponed its plans for an initial public offering on the Nasdaq, which could have been the largest debut for a Chinese company in over three years, citing the need for time to complete documentation requirements.

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Nikkei staff writers - Asia on alert over mpox as cases detected in Thailand, Philippines - asia.nikkei.com - Philippines - Thailand - city Bangkok - city Manila

Asia on alert over mpox as cases detected in Thailand, Philippines

BANGKOK/MANILA -- Asian countries are bracing for a possible spread of mpox, with cases of the viral disease reported in Thailand and the Philippines after the World Health Organization declared a global emergency last week.

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YUJI NITTA - Nikkei staff writer - Vietnam's first subway mired in more delays amid planned 2024 start - asia.nikkei.com - Japan - Vietnam - city Hanoi - city Ho Chi Minh City

Vietnam's first subway mired in more delays amid planned 2024 start

HANOI -- Vietnam's long-awaited first subway line is slated to open in Ho Chi Minh City by the end of this year, although the delays that have plagued construction prompted Japanese company Hitachi to file for arbitration seeking payments from the city as costs pile up.

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Reuters - Panama unveils deportation flights to China, India and Ecuador to stem US-bound migration - scmp.com - China - Usa - India - state Indiana - Washington - Colombia - Panama - Ecuador

Panama unveils deportation flights to China, India and Ecuador to stem US-bound migration

Panama’s government announced on Thursday additional deportation flights for migrants apprehended in the Central American nation to China, India and Ecuador, in a bid to reduce of flow of mostly US-bound migration.

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YUKI NAKAMURA - Nikkei staff writer - Japan's MUFG Bank to invest additional $330m in India's DMI Finance - asia.nikkei.com - Japan - India - city Tokyo

Japan's MUFG Bank to invest additional $330m in India's DMI Finance

TOKYO -- Japan's MUFG Bank announced on Thursday that it will invest an additional 27.9 billion rupees ($332 million) in Indian nonbank DMI Finance, aiming to spur the company's continued growth in online loans.

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Thaksin Shinawatra - FRANCESCA REGALADO - Nikkei staff writer - Thailand's Thaksin says U.S. to toughen trade after election - asia.nikkei.com - Thailand - city Bangkok

Thailand's Thaksin says U.S. to toughen trade after election

BANGKOK -- Thailand should prepare for the U.S. to reassess its trade relations regardless of which party wins the presidential election in November, former Thai Prime Minister Thaksin Shinawatra, founder of the ruling Pheu Thai Party, said Thursday.

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Associated Press - 5 Hong Kong tourists believed dead in Thailand plane crash - scmp.com - China - Thailand - Hong Kong - city Beijing - city Bangkok - city Hong Kong - province Chachoengsao

5 Hong Kong tourists believed dead in Thailand plane crash

A small passenger plane on a domestic flight in Thailand crashed on Thursday afternoon soon after taking off from the main airport in the capital, Bangkok, the country’s civil aviation authority announced.

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Nikkei staff writer - AI-fueled demand buoys semiconductor market while legacy chips lag - asia.nikkei.com - city Tokyo

AI-fueled demand buoys semiconductor market while legacy chips lag

TOKYO -- Global semiconductor demand continues to be in an upswing, underpinned by orders for AI chips and other advanced products while the materials and legacy chip sectors remain in a slump.

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