South Korean tiremakers eye EV market for new growth
SEOUL -- South Korean tiremakers are setting their sights on electric vehicles as demand for original and replacement equipment is expected to grow steadily despite a recent EV market slowdown.
Nikkei staff writer in asian news
Eyeing third term, India's Modi jabs opposition over Sri Lankan islet
NEW DELHI -- With national elections just around the corner, a political row has erupted in India over a tiny, uninhabited island ceded to neighboring Sri Lanka half a century ago.
Indonesian VC recommends Tokyo IPO amid Japan stock boom
JAKARTA -- Indonesian venture capital firm Indogen Capital is advising startups to go public in Tokyo as shares traded on the Japanese market are surging this year.
Japan Inc. races to join U.S., U.K., China in nuclear fusion race
TOKYO -- Japanese companies are racing to create momentum for fusion power, a nascent technology that is rapidly gaining attention in the U.S., the U.K. and China as a potential source of clean energy. The technology is expected to be on the agenda at this week's summit between the leaders of Japan and the U.S.
China's property crisis hits small regional banks harder than big players
HONG KONG -- China's property crisis is taking a particularly heavy toll on small banks in low-growth provinces, as bad debts to developers erode their finances.
U.S., U.K. and Australia discuss AUKUS tech cooperation with Japan
SYDNEY -- The defense chiefs of Australia, the U.S. and the U.K. are considering cooperation with Japan on Pillar II of the AUKUS security framework designed to counter China's rise, according to a new statement.
Japan corporate bankruptcies hit 9-year high with end of COVID lifelines
TOKYO -- Japan logged more than 9,000 corporate bankruptcies for the first time in nine years in fiscal 2023 as companies reliant on pandemic-era government aid were weeded out, with some analysts predicting that the number could exceed 10,000 this fiscal year.
TSMC expands Japan college collaboration amid worker shortage concern
KUMAMOTO, Japan -- Taiwan Semiconductor Manufacturing Co., the world's biggest contract chip maker, has expanded collaboration with Japanese universities amid growing concern over a shortage of workers for its brand-new chip factory in Kumamoto.