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Nikkei staff writer in asian news

EUGENE LANG - Nikkei staff writer - Japan headed for shortage of 970,000 foreign workers in 2040 - asia.nikkei.com - Japan - city Tokyo

Japan headed for shortage of 970,000 foreign workers in 2040

TOKYO -- Japan will need 970,000 more foreign workers than it will have in 2040 to meet the nation's economic growth target, a new estimate shows, highlighting the country's challenges in attracting and retaining overseas talent.

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Ali Sabry - Nikkei staff writer - TAMAYO MUTO - Sri Lanka calls for Japanese investments in infrastructure and IT - asia.nikkei.com - Japan - China - India - Sri Lanka - city Tokyo

Sri Lanka calls for Japanese investments in infrastructure and IT

TOKYO -- Sri Lanka is calling for new investments from Japan after reaching an agreement to restructure $5.8 billion of debt with creditors, including Japan, India and China, hoping to revive its economy and achieve balanced diplomacy.

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TETSUYA FUJITA - Nikkei staff writer - North Korea-Russia passenger train set to resume in latest tie-up - asia.nikkei.com - Russia - North Korea - city Pyongyang - city Seoul - city Vladivostok

North Korea-Russia passenger train set to resume in latest tie-up

SEOUL -- Passenger rail service connecting Russia's Far East and a North Korean port city is expected to resume this month after a pandemic-induced hiatus, giving Pyongyang a much-needed source of hard currency.

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NANA SHIBATA - Nikkei staff writer - In Indonesia and India, labor-starved Japanese hotels scout talent - asia.nikkei.com - Japan - Philippines - Indonesia - India - Nepal - Sri Lanka - Vietnam - city Jakarta

In Indonesia and India, labor-starved Japanese hotels scout talent

JAKARTA -- Japanese hotel operators are traveling across Asia to recruit workers in Indonesia, India and elsewhere, hoping to address the industry's severe labor crunch as visitors to Japan reach record highs.

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KIM JAEWON - Nikkei staff writer - POSCO bets on battery materials even as EV demand slows - asia.nikkei.com - South Korea - Australia

POSCO bets on battery materials even as EV demand slows

GWANGYANG, South Korea -- The mound of gray spodumene at POSCO Pilbara Lithium Solution's warehouse in the South Korean port city of Gwangyang looks just like a massive pile of sand. But locked within the grains of the unprepossessing heap lies a key ingredient for making electric vehicle batteries.

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Nikkei staff writer - PEGGY YE - China economists forecast GDP growth slowdown to 5.1% in Q2 - asia.nikkei.com - China - Hong Kong

China economists forecast GDP growth slowdown to 5.1% in Q2

HONG KONG -- China's brisk growth in the first quarter helped put the government's full-year target within reach, but economists still expect a slowdown in the coming months and years due to the country's property crisis and escalating trade tensions.

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FRANCESCA REGALADO - Nikkei staff writer - Cannabis rollback drives a wedge into Thailand's ruling coalition - asia.nikkei.com - Thailand - city Bangkok

Cannabis rollback drives a wedge into Thailand's ruling coalition

BANGKOK -- The ruling Pheu Thai party's effort to relist cannabis as a narcotic this month has emerged as a public disagreement with its largest coalition partner, Bhumjaithai, the party that led the charge to decriminalize marijuana two years ago, as the government seeks to regulate the substance without handicapping a nascent industry and medicinal users.

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Nikkei staff writer - Japan pension giant GPIF delivers record $280bn annual return - asia.nikkei.com - Japan - city Tokyo

Japan pension giant GPIF delivers record $280bn annual return

TOKYO -- A global stock rally powered a year of record returns for Japan's Government Pension Investment Fund, one of the world's biggest institutional investors, which is likely to face a higher bar for gains as wages rise.

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