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Nikkei staff writer in asian news

STEVEN BOROWIEC - Nikkei staff writer - South Korea GDP grows 1.3% in first quarter, beating estimates - asia.nikkei.com - South Korea -  Seoul

South Korea GDP grows 1.3% in first quarter, beating estimates

SEOUL -- South Korea's GDP growth accelerated in the first quarter of this year, boosted by increased construction activity and higher private spending, the Bank of Korea announced on Thursday.

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Nikkei staff writer - Sony installs AI cameras in 500 Japan 7-Elevens for consumer analysis - asia.nikkei.com - Japan -  Tokyo

Sony installs AI cameras in 500 Japan 7-Elevens for consumer analysis

TOKYO -- Sony has introduced an AI camera-powered system that measures the effectiveness of in-store advertising at 500 7-Eleven convenience stores in Japan, the company announced on Wednesday, aiming to tap into demand for high-precision analysis of consumer behavior.

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Nikkei staff writer - Ev - Nidec faces market pressure as founder rips 'unfair' China EV war - asia.nikkei.com - Japan -  Tokyo - China

Nidec faces market pressure as founder rips 'unfair' China EV war

TOKYO -- Cutthroat competition in China's electric vehicle sector has cast a shadow over the earnings of suppliers like Japanese motor maker Nidec, which is grappling with narrowing margins in the key market.

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CISSY ZHOU - Nikkei staff writer - Trading in China's SenseTime halted after shares pop 30% in Hong Kong - asia.nikkei.com - China - Hong Kong -  Hong Kong

Trading in China's SenseTime halted after shares pop 30% in Hong Kong

HONG KONG -- Trading in shares of SenseTime, the Chinese facial recognition giant, was halted after its stock price surged more than 30% on Wednesday morning in Hong Kong.

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STEVEN BOROWIEC - Nikkei staff writer - North Korean hackers target South's defense sector, police say - asia.nikkei.com - South Korea - North Korea -  Seoul

North Korean hackers target South's defense sector, police say

SEOUL -- South Korean police and arms procurement authorities say North Korean hackers have been targeting the country's burgeoning defense sector over the past 18 months in operations characterized by more diverse approaches and higher levels of complexity.

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SHAUN TURTON - Nikkei staff writer - Australian battery metal company shifts to gas amid nickel slump - asia.nikkei.com - Australia - New Caledonia

Australian battery metal company shifts to gas amid nickel slump

SYDNEY-- A company that had planned to process imported nickel ore in Australia to supply the electric vehicle industry says it is switching its focus to gas in response to slumping battery metal prices.

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FRANCESCA REGALADO - Nikkei staff writer - Thailand downplays risk as Myanmar sends troops to key border town - asia.nikkei.com - Burma - Thailand

Thailand downplays risk as Myanmar sends troops to key border town

MAE SOT, Thailand -- Thai cabinet officials insisted the security and refugee situation on their side of the border with Myanmar was under control, even as reports from the ground in Myanmar's southeastern Kayin state suggest a coming surge of regime troops to retake a key border town from ethnic resistance groups.

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ECHO WONG - Nikkei staff writer - Hong Kong hit by third straight IPO flop as AI player Mobvoi disappoints - asia.nikkei.com - China - Hong Kong -  Hong Kong

Hong Kong hit by third straight IPO flop as AI player Mobvoi disappoints

HONG KONG -- Chinese artificial intelligence company Mobvoi went public in Hong Kong on Wednesday and saw its stock promptly drop more than 20%, marking the exchange's third dismal listing this week.

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