Hong Kong's first panda births raise hopes for tourism boost
HONG KONG -- Hong Kong is counting on its first ever giant panda births to help revive its tourism sector.
Nikkei staff writer in asian news
Chinese chip equipment maker AMEC sues U.S. over military blacklist
SHANGHAI -- Chinese semiconductor equipment maker Advanced Micro-Fabrication Equipment (AMEC) on Friday announced it has filed a lawsuit in an American court against the U.S. Department of Defense for adding it to a blacklist.
SoftBank, SK, LG, and Hanwha to join AI startup fund
TOKYO -- Japan's SoftBank Group and conglomerates from South Korea and Thailand will join a fund aimed at making quick and "sizable" investments in AI startups, Nikkei Asia has learned.
IFC's Asia-Pacific financing rose 15% to record in fiscal 2024
TOKYO -- The World Bank Group's private-sector arm, the International Finance Corp., committed record-high Asia-Pacific investments and loans in fiscal 2024, which ended in June, increasing by 10% to 15% from the previous year, its regional vice president for Asia and the Pacific told Nikkei Asia.
Malaysia GDP growth accelerates to 5.9% in Q2
KUALA LUMPUR -- Malaysia's economy in the April-June quarter grew 5.9% from a year earlier, accelerating from a 4.2% expansion during the previous three months, according to central bank data released on Friday.
Thai parliament convenes to select Srettha Thavisin's successor
BANGKOK -- The Thai parliament has convened to select a prime minister after Srettha Thavisin was removed from office by the Constitutional Court on Wednesday.
Japan to export naval antennas to India for Indo-Pacific deterrence
TOKYO -- Japan will supply naval ship antennas to Quad ally India in a bid to strengthen deterrence in the Indo-Pacific, Nikkei has learned, with the deal expected to be announced at a meeting between foreign and defense ministers in New Delhi on Tuesday.
SoftBank, SK, LG, and Hanwha to join Asia-focused AI fund
TOKYO -- Japan's SoftBank Group and conglomerates from South Korea and Thailand will join a fund aimed at making quick and "sizable" investments in AI startups, Nikkei Asia has learned.