Philippines' GDP accelerates to 6.3% despite 'anemic' consumption
MANILA -- The Philippines' gross domestic product expanded by 6.3% in the second quarter as the government lifted spending, but headwinds such as inflation remain.
Nikkei staff writer in asian news
Osaka Gas lends hand in developing India's gas lines
OSAKA -- Japanese utility Osaka Gas will take part in developing India's gas infrastructure through a partnership with a local supplier that has a significant reach in the promising market.
Turkey expects more investments from Chinese EV makers
ISTANBUL -- Turkey expects that more Chinese electric vehicle makers will invest in the country, following BYD's decision to put $1 billion into a factory for EVs and plug-in hybrids, the head of the presidential investment office, Burak Daglioglu, told Nikkei Asia in a recent interview.
Hong Kong national security gallery imprints 2019 protests as 'destruction'
HONG KONG -- A new gallery emphasizing the damage caused by Hong Kong's 2019 protests opened in the city on Wednesday, part of the government's efforts to stoke Chinese patriotic sentiment in the territory.
Singapore's DBS chief Piyush Gupta to step down after 15 years
SINGAPORE -- DBS Group Holdings CEO Piyush Gupta, one of the highest profile bankers in Southeast Asia, will step down next year, the Singaporean lender said Wednesday, in what would be its first leadership change in 15 years.
New, lower-cost carbon-capture materials in development in Japan
OSAKA -- Japanese companies are preparing to roll out new carbon-capture technologies designed to slash the cost of removing carbon dioxide from industrial emissions.
India faces major foreign policy challenge with Bangladesh crisis
NEW DELHI -- Uncertainty shrouds the future of India's relationship with Bangladesh, which flourished for 15 years under Prime Minister Sheikh Hasina, who on Monday was forced to resign and flee the country amid strong anti-government protests that have left hundreds dead and plunged the nation into political turmoil.
Japan's Daiwa to launch property loans in wealth management push
TOKYO -- Daiwa Securities Group in October will start providing loans for real estate investments of 300 million yen ($2 million) or more in an effort to bolster its wealth management operations, Nikkei has learned.