New Zealand joins U.K. and U.S. in condemning China-linked hacks
SYDNEY -- New Zealand has joined the U.S. and the U.K. in accusing Chinese hackers of breaching official networks and condemned Beijing's "state-backed malicious cyber activity."
Nikkei staff writer in asian news
Australia dilutes fuel efficiency standard proposal after industry pressure
SYDNEY -- Australia's government will amend its proposed fuel efficiency standards for the auto industry by easing restrictions on carbon emissions from light commercial vehicles (LCVs) such as pickup trucks and large SUVs.
Philippines wealth fund will 'avoid' fate of Malaysia's 1MDB, chief says
MANILA -- The Philippines' new sovereign wealth fund is set to launch in the third quarter of this year with "proper" corporate governance to avoid the fate of scandal-ridden 1Malaysia Development Berhad (1MDB), according to its CEO.
South Korea security expo features AI sound detection, crowd control help
SEOUL -- Artificial intelligence can be used to aid public safety by listening for a variety of sounds such as car crashes or moans in care homes, and to count the number of people in tight spaces prone to overcrowding, participants at an industry conference in South Korea said.
North Korea rejects negotiations with Japan over summit
SEOUL -- Kim Yo Jong, the influential sister of North Korea's leader, on Tuesday rejected the possibility of any dialogue with Japan, including a rumored summit between leaders, accusing the neighboring country of "clinging to" past problems.
Singapore sets response deadline for family office applications
SINGAPORE -- Singapore's financial regulator is pushing family office applicants to respond promptly to scrutiny, or risk having their efforts to obtain tax breaks rendered fruitless, as the Southeast Asian financial center tightens procedures around foreign wealth inflows in the wake of a massive money laundering bust.
Australia's Woodside to boost North America LNG purchases 5-fold
HOUSTON, Texas -- Australia's Woodside Energy Group plans to significantly step up liquefied natural gas (LNG) purchases from North America, as rising costs and other issues make procurement in its home market more challenging.
BYD shares rebound on China's latest push for EV buying
TOKYO -- Shares in Chinese electric-vehicle maker BYD have bounced back about 30% from recent lows after China's government said it would encourage drivers to replace their old cars.