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SHANGHAI -- Property developer China Aoyuan Group has completed its foreign currency debt restructuring, the company said Thursday, after receiving approval from creditors and several international courts.
KUALA LUMPUR -- Malaysia Aviation Group made its first profit in 2023, helped by a rise in passenger traffic in the premium segment of its flagship carrier, Malaysia Airlines, as travel demand in the Asia-Pacific region recovered from the COVID-19 pandemic slump, the company said on Thursday.
TOKYO -- Sakana AI, a Japanese artificial intelligence startup, said Thursday that it has invented a new way of creating generative AI models that applies the concepts of evolution and natural selection. This approach, according to the company, allows significantly cheaper and faster AI development.
NEW DELHI -- The U.S. has stepped into a flaring territorial spat between India and China, coming down firmly on New Delhi's side.
SEOUL -- South Korean President Yoon Suk Yeol on Wednesday urged world leaders to join in defending democracy against the threat posed by disinformation.
TOKYO -- Global coffee bean futures are near record or recent highs, fueled by increasing demand from a growing middle class in China and the rest of Asia while some major producers appear headed for poor harvests.
WASHINGTON -- The U.S. Indo-Pacific Command has requested an additional $11 billion in funding for fiscal 2025, with priorities including defense systems in Guam to counter Chinese missiles, Nikkei has learned.
TOKYO -- The yen weakened to the upper 151 range against the dollar during Asian trading on Wednesday, approaching a more than three-decade low despite the Bank of Japan ending negative interest rates.