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Recent Developments and News in Asia

Jenni Reid - Morgan Stanley - Mike Lynch - Morgan Stanley International chair among 6 missing after luxury yacht sinks in Sicily - cnbc.com - Britain - New York - Italy

Morgan Stanley International chair among 6 missing after luxury yacht sinks in Sicily

The chairman of Morgan Stanley International, Jonathan Bloomer, British tech entrepreneur Mike Lynch and four others are missing after a luxury yacht sank in a storm off the coast of Sicily.

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Internet Slows to a Crawl in Pakistan, Stoking Fear of a Firewall - nytimes.com - Pakistan - city Karachi

Internet Slows to a Crawl in Pakistan, Stoking Fear of a Firewall

When Shafi Naeem noticed internet speeds slowing in Pakistan in recent days, he grew nervous. Then he panicked. The websites that the Karachi-based freelance software designer used to find work would not load. Those that he had built for clients were taking hours longer than usual to upload onto servers — if they uploaded at all.

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Narendra Modi - Nikkei staff writers - India and Malaysia to upgrade ties after talks on trade, defense - asia.nikkei.com - Malaysia - India - city New Delhi - city Kuala Lumpur

India and Malaysia to upgrade ties after talks on trade, defense

NEW DELHI/KUALA LUMPUR -- India and Malaysia agreed Tuesday to elevate their ties as relations "pick up speed and energy," after leadership talks focused on boosting trade and defense cooperation.

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Reuters - Disney agrees to have Florida wrongful death lawsuit decided in court - cnbc.com - Ireland - state Florida

Disney agrees to have Florida wrongful death lawsuit decided in court

Walt Disney Co. on Monday agreed to have a court decide on a wrongful death lawsuit, brought by a widower in Florida, after earlier arguing the case belonged in arbitration because the man signed up for a trial of streaming service Disney+ in 2019.

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MITSURU OBE - Nikkei Asia chief business news correspondent - Mitsubishi Electric to mass-produce next-gen optical chips in January - asia.nikkei.com - city Tokyo

Mitsubishi Electric to mass-produce next-gen optical chips in January

TOKYO -- Mitsubishi Electric will begin mass-producing next-generation optical chips in January to meet growing demand for faster devices from data center operators around the world, the company said on Tuesday.

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KENJI KAWASE - Nikkei Asia chief business news correspondent - China Telecom, China Mobile hike dividends under Beijing pressure - asia.nikkei.com - China - Hong Kong - city Beijing

China Telecom, China Mobile hike dividends under Beijing pressure

HONG KONG -- China's three major telecom operators are further shifting toward higher dividend payments and lower capital investments, as the government's focus on state-owned enterprises turns to stock market performance and shareholders' returns.

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Yoko Kamikawa - Minoru Kihara - Subrahmanyam Jaishankar - Japan and India hold third '2-plus-2' security talks - asia.nikkei.com - Japan - China - India - region Indo-Pacific - city New Delhi

Japan and India hold third '2-plus-2' security talks

NEW DELHI (Kyodo) -- The foreign and defense ministers of Japan and India held security talks in New Delhi on Tuesday, aiming to ramp up cooperation amid more assertive Chinese military activities in the Indo-Pacific region.

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Ursula Von - Olaf Scholz - C.Wei - HIDEAKI RYUGEN - Nikkei staff writer - TSMC breaks ground on first Europe chip fab with eye on auto sector - asia.nikkei.com - Taiwan - Germany - city Taipei

TSMC breaks ground on first Europe chip fab with eye on auto sector

TAIPEI -- Taiwan Semiconductor Manufacturing Co. on Tuesday broke ground on its first fabrication facility in Europe to provide a steady supply of automotive chips for one of the region's core industries.

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