Honda to end production of small mopeds in 2025
TOKYO -- Honda Motor will stop making small mopeds in May 2025, Nikkei has learned, ahead of tougher emissions standards that will take effect in Japan later that year.
Nikkei staff writer in asian news
China lender ICBC topples Moutai as Shanghai market cap leader
SHANGHAI -- Major Chinese state-owned lender Industrial and Commercial Bank of China (ICBC) overtook liquor maker Kweichow Moutai for the highest market capitalization on the mainland stock market for the first time in four years on Friday.
Malaysian hospital group IHH weighs entry into Indonesia, Vietnam
SINGAPORE -- Malaysia's IHH Healthcare, one of the largest hospital groups in Asia, is looking at opportunities for entering Indonesia and Vietnam through acquisitions as its existing markets become more saturated, its chief executive said.
Partners Group opens Hong Kong office as Swiss swoop in for Chinese cash
HONG KONG -- Swiss private equity firm Partners Group has opened an office in Hong Kong, the first stop for wealthy Chinese who are seeking to diversify into offshore markets.
Indonesia's Pertamina to invest $6.2bn in clean energy business
JAKARTA -- Indonesian state oil and gas giant Pertamina is planning to invest a total of $6.2 billion in clean energy and technology businesses ranging from hydrogen to electric vehicle batteries over the next five years, the company said on Friday.
Japan lays out strategy to tackle $33bn digital trade deficit
TOKYO -- Japan has sounded the alarm about waning digital competitiveness and an outflow of wealth, as the government's latest policy plan calls for replacing aging systems and training talent in a bid to catch up.
Philippines wants China economic ties despite tensions: top official
TOKYO -- The Philippines' economic planning chief says the country is open to investment from and trade with "any country, including China," even as tensions between the two keep growing in the South China Sea.
Uniqlo parent to digitally track materials across its supply chain
TOKYO -- Fast Retailing, the owner of Japanese clothing chain Uniqlo, plans to put digital tracking technology in its supplier factories to help prevent its stores from running out of hot items.