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TOKYO -- Sumitomo Chemical will seek to more than double its sales of chipmaking materials by fiscal 2030, President Keiichi Iwata told Nikkei on Tuesday, as the company invests in new growth drivers.
TOKYO -- China's recent plan to help local governments arrange purchases of unsold private-sector housing comes amid increasingly clear cracks in the finances of municipalities that rely on the property market for revenue.
GUANGZHOU -- Makers of mooncakes, a Chinese pastry typically high in sugar and fat, are branching out to more diverse flavors with healthier fillings to suit wellness-minded younger consumers.
TOKYO -- An investment firm started by a former Carlyle Group executive aims to help large Japanese companies add value through dialogue with a new fund backed by leading financial institutions.
TOKYO -- Japan is moving to broaden companies' options for using their own shares in acquisitions, seeking to smooth the way for more global deals, Nikkei has learned.
SEOUL -- North Korea's unsuccessful satellite launch on Tuesday likely involved a new rocket that uses a safer fuel, experts say, as the country advances its rocket technology with Russian assistance.
MANILA -- The Philippines rejected China's unilateral fishing ban in the South China Sea, as tensions continued to roil in the disputed waterway.
JAKARTA -- An Indonesian startup for carbon offsets plans to list its products in international trading markets, such as Singapore and Tokyo, hoping that the archipelago nation's unique marine and coastal projects will draw interest from global businesses.