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Nikkei staff writer in asian news

Nikkei staff writer - Japan's Sega Sammy to sell ocean resort to U.S. investment firm Fortress - asia.nikkei.com - Japan -  Tokyo - county Pacific - county Ocean

Japan's Sega Sammy to sell ocean resort to U.S. investment firm Fortress

TOKYO -- Sega Sammy Holdings plans to sell its Phoenix Seagaia Resort in Japan to U.S.-based Fortress Investment Group as the Japanese amusement company looks to focus resources on video games and other segments, Nikkei has learned

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Nikkei staff writer - TAKURO HOSODA - Cambodia, Thailand draw $320m in investments from Japan's MinebeaMitsumi - asia.nikkei.com - Japan -  Tokyo - Thailand - Cambodia

Cambodia, Thailand draw $320m in investments from Japan's MinebeaMitsumi

TOKYO -- Japanese parts supplier MinebeaMitsumi plans to invest nearly 50 billion yen ($321 million) to build a factory in Cambodia and increase solar power output at plants in Thailand, Nikkei has learned.

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Nikkei staff writer - TOMOYA TAKAYAMA - Gold attracts China's retail investors, lifting prices to new heights - asia.nikkei.com -  Tokyo - China

Gold attracts China's retail investors, lifting prices to new heights

TOKYO -- Gold prices have soared to record highs on the arrival of an unexpected group of buyers: retail investors in China.

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Nikkei staff writer - NAMI MATSUURA - Robot sommeliers and baristas go to work in labor-starved South Korea - asia.nikkei.com - South Korea -  Seoul

Robot sommeliers and baristas go to work in labor-starved South Korea

SEOUL -- As South Korea grapples with a rapidly shrinking workforce, robotics companies are looking to the service sector in hopes of plugging labor shortages in a range of fields from restaurants to health care.

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Nikkei staff writer - Japan seen earning $13bn from suspected yen interventions - asia.nikkei.com - Japan -  Tokyo

Japan seen earning $13bn from suspected yen interventions

TOKYO -- Japan's suspected yen-buying interventions last week may have yielded an estimated 2 trillion yen ($13 billion) in capital gains, potentially boosting a surplus on its foreign reserve account and fueling debate on how such funds should be used.

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Nikkei staff writer - KEIGO YOSHIDA - Japan's Mitsui invests $200m to build Texas solar farm - asia.nikkei.com - Japan -  Tokyo - state Texas

Japan's Mitsui invests $200m to build Texas solar farm

TOKYO -- Japanese trading house Mitsui & Co. will invest about 30 billion yen ($193 million) over two years to build a solar farm in the U.S. state of Texas, the company said on Thursday, looking to tap nascent demand in a state where wind power is the dominant renewable energy.

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S.Jaishankar - KIRAN SHARMA - Nikkei staff writer - Maldives FM meets Indian counterpart at frosty time in relations - asia.nikkei.com - China - India -  New Delhi - Maldives

Maldives FM meets Indian counterpart at frosty time in relations

NEW DELHI -- India's External Affairs Minister S. Jaishankar on Thursday told his visiting Maldivian counterpart, Moosa Zameer, that ties between the "close and proximate" neighbors depend on mutual interests and reciprocal sensitivity after bilateral relations were strained by the election last year of a pro-China president in the Maldives.

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RYOHTAROH SATOH - Nikkei staff writer - Panasonic racks up record profit on back of U.S. subsidy - asia.nikkei.com - Japan -  Tokyo

Panasonic racks up record profit on back of U.S. subsidy

TOKYO -- Japan's Panasonic Holdings reported a record net profit of 443 billion yen ($2.8 billion) for the fiscal year ended in March, on the back of temporary tailwinds including a U.S. government electric vehicle battery subsidy. But the major Tesla supplier is forecasting difficult times ahead as the EV market slows.

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