BHP to suspend Australia nickel operations amid Indonesia-fed glut
SYDNEY -- Australian mining giant BHP will suspend its domestic nickel operations, including the country's only smelter for the key battery metal, from October.
Nikkei staff writer in asian news
Samsung reaps chip comeback, but behind in AI competition
SEOUL -- Samsung Electronics' profits are soaring on semiconductor business improvements but struggles to secure profit in generative AI chips are pushing the company to bolster development, including by hiring more engineers.
Toyota subsidiary warned about Subcontract Act violations
TOKYO -- The Japan Fair Trade Commission on Friday issued a cautionary advisory to a Toyota Motor subsidiary, which had had unfair transactions with its 94 subcontractors, including forcing some to store molds without compensation.
Thailand's homegrown AI project aims to resist U.S. tech giants
BANGKOK -- Thailand's project to create a generative artificial intelligence tool based on the local language is showing progress, as the country seeks to maintain a competitive advantage at home against encroaching U.S. tech giants.
Indonesia's Salim makes bid for Australia copper player Rex Minerals
SYDNEY -- Indonesia's Salim family has launched a $265 million bid to take over Australian miner Rex Minerals, backing the company's planned copper mine in South Australia, as the energy transition boosts demand for the red metal.
Deregulation to heat up Vietnam's solar sector, other renewables
HO CHI MINH CITY -- A new rule is set to unleash a surge in solar and wind energy in Vietnam, where companies from Apple to H&M are increasingly looking to switch their supply chains to renewable power.
Indonesia business lobby says tariffs 'not solution' for industry
TOKYO -- Indonesia's plan to introduce new import tariffs on items like clothing and cosmetics is not the answer for local industries struggling to grow, the head of a major local business group, said in an interview in Tokyo.
South Korea air hub Incheon takes off as casino destination
SEOUL -- South Korea's Incheon is becoming a bigger entertainment destination in its own right with the latest casino resort in a city known for one of Asia's busiest international airports.