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Nikkei staff writer in asian news

YUJI NITTA - Nikkei staff writer - Vuong Dinh Hue - Vietnam's top ousters leave Hanoi rudderless on economy - asia.nikkei.com - China - Vietnam -  Hanoi

Vietnam's top ousters leave Hanoi rudderless on economy

HANOI -- A series of high-profile resignations at the top of Vietnam's political class amid an anti-corruption campaign is raising questions about the direction of the country just when it faces significant economic challenges.

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JACK STONE TRUITT - Nikkei staff writer - U.S. obsession for China's Temu, Shein sends air cargo prices soaring - asia.nikkei.com - China - New York

U.S. obsession for China's Temu, Shein sends air cargo prices soaring

NEW YORK -- Increasing air cargo prices from China to the U.S. are bucking the global trend, as Chinese e-commerce retailers like Shein and Temu that offer fast delivery times spur demand in what is typically a quiet time of year for cargo.

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Nikkei staff writer - Copper hits 2-year high above $10,000 on China squeeze - asia.nikkei.com -  Tokyo - China

Copper hits 2-year high above $10,000 on China squeeze

TOKYO -- Copper prices rose the highest in two years Friday amid signs of a tighter supply-demand relationship in China, the world's largest consumer of the metal.

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KOSUKE TAKAMI - Nikkei staff writer - IMF's Gita Gopinath: Global trade realignment 'going to last a long time' - asia.nikkei.com - Washington

IMF's Gita Gopinath: Global trade realignment 'going to last a long time'

WASHINGTON -- Widening rifts in global trade and investment could persist longer than a few years and hurt the world's ability to handle inflation and other challenges, the International Monetary Fund's Gita Gopinath told Nikkei recently.

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Nikkei staff writer - Japan launches $6bn-plus space fund to bolster private ventures - asia.nikkei.com - Japan -  Tokyo

Japan launches $6bn-plus space fund to bolster private ventures

TOKYO -- Japan has launched a 1 trillion yen ($6.43 billion) fund for private space development, planning to subsidize as much as 100% of R&D costs by startups and universities in order to bolster domestic technological innovation in the field.

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YUJI NITTA - Nikkei staff writer - Ev - VinFast CEO to inject $1bn of personal wealth into Vietnam EV maker - asia.nikkei.com - Vietnam -  Ho Chi Minh City

VinFast CEO to inject $1bn of personal wealth into Vietnam EV maker

HO CHI MINH CITY -- The chief executive of VinFast will invest $1 billion of his own money into the Vietnamese electric vehicle maker to support the company as it deals with ballooning upfront spending.

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NORMAN GOH - Nikkei staff writer - Malaysian chip-focused venture fund to invest in over 10 startups - asia.nikkei.com - Malaysia -  Kuala Lumpur -  Venture

Malaysian chip-focused venture fund to invest in over 10 startups

KUALA LUMPUR -- A new Malaysian venture capital firm focused on the semiconductor industry plans to invest in more than 10 startups through its $209 million fund, hoping to help advance the Southeast Asian country's chip industry.

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Nikkei staff writer - Japan's Sushiro parent opens first U.S. sushi restaurant in Boston - asia.nikkei.com - Japan - state Massachusets

Japan's Sushiro parent opens first U.S. sushi restaurant in Boston

BOSTON, Massachusetts -- The group behind Sushiro, Japan's largest conveyor-belt sushi chain, officially opened its first sushi restaurant in the U.S. on Thursday in Boston.

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