Yen dives past 156.80 during Ueda news conference
TOKYO -- The Japanese currency fell sharply past 156 to the dollar on Friday, after the Bank of Japan held firm to its monetary policy, heightening threats of government intervention.
Nikkei staff writer in asian news
Anglo American rejects BHP's 'opportunistic' takeover offer
SYDNEY -- U.K. miner Anglo American on Friday rejected a takeover bid from its bigger rival BHP, saying the offer by the Australia-based giant undervalued the company and its prospects.
Toyota invest $1.4 billion to bolster EV output in U.S.
TOKYO -- Toyota Motor announced Friday that it will invest $1.4 billion to start production of electric vehicles at its factory in the U.S. state of Indiana in 2026, increasing its EV capacity in North America.
Toyota teams up with Tencent for drive into China's EV market
BEIJING -- Toyota Motor said on Thursday that it is forming a strategic alliance with Chinese internet giant Tencent Holdings, cooperating in artificial intelligence, cloud computing and big data for electric vehicles sold by the Japanese auto company in China.
Yen dives to 156, fresh 34-year low after BOJ policy decision
TOKYO -- The Japanese currency fell sharply to 156 to the dollar on Friday, after the Bank of Japan held firm to its monetary policy, heightening threats of government intervention.
India's election enters second phase: Four crucial states to watch
NEW DELHI -- Indians in 13 states and federally-governed territories started voting Friday in the second phase of the seven-part general election, with all eyes fixed on politically crucial states that will play a key role in the formation of the next government.
Hyundai Motor Q1 profit falls as EV demand weakens
SEOUL -- Hyundai Motor's operating profit fell slightly in the first quarter from the same period a year ago on subdued growth in the global electric vehicle market as hybrid cars find more favor with consumers.
Hong Kong crypto hub takes shape with approvals, hiring
HONG KONG -- The evolution of Hong Kong into a hub for cryptocurrency trading is gathering pace, with more approvals and filings as well as personnel moves, although the barriers are proving too high for some.