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Nikkei staff writer in asian news

TSUBASA SURUGA - Nikkei staff writer - Singapore commodity trader tops Southeast Asia's first Fortune 500 - asia.nikkei.com - China - Indonesia - Thailand - Singapore -  Singapore

Singapore commodity trader tops Southeast Asia's first Fortune 500

SINGAPORE -- Singapore-based commodity firms as well as energy companies from Thailand and Indonesia were among Southeast Asia's largest companies by revenue, according to a first regional edition of the Fortune 500 List, released on Tuesday.

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KOSUKE INOUE - Nikkei staff writer - Thailand eyes recriminalizing marijuana, juggling health and commerce - asia.nikkei.com - Thailand -  Bangkok

Thailand eyes recriminalizing marijuana, juggling health and commerce

BANGKOK -- Two years after Thailand legalized marijuana for medical purposes, the government is moving to recriminalize the drug due to widespread recreational use that has caused public health issues.

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Nikkei staff writer - Citigroup to offer banking services to Japan's midsize firms - asia.nikkei.com - Japan - Canada - France - New York - Germany

Citigroup to offer banking services to Japan's midsize firms

NEW YORK -- Citigroup is offering new banking services in Japan, starting this month, targeting midsize Japanese businesses as it looks to once again expand its footprint in a key Asian market.

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Nikkei staff writer - Japan's abandoned houses wipe $25bn off nearby property value - asia.nikkei.com - Japan -  Tokyo

Japan's abandoned houses wipe $25bn off nearby property value

TOKYO -- Long-abandoned homes in Japan are bringing down the values of surrounding properties, with losses reaching 3.9 trillion yen ($24.7 billion) over the five years through 2023, new calculations show.

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RIEKO MIKI - Nikkei staff writer - Japan defense spending plan takes 30% hit from weak yen - asia.nikkei.com - Japan -  Tokyo

Japan defense spending plan takes 30% hit from weak yen

TOKYO -- Japan's five-year, 43 trillion yen defense buildup risks being undermined by a weak yen that has cut roughly 30% off the dollar value of this spending in the past 18 months.

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Nikkei staff writer - Disney - U.K. fund to keep Keisei stake even if Tokyo Disney sale rejected - asia.nikkei.com - Japan -  Tokyo

U.K. fund to keep Keisei stake even if Tokyo Disney sale rejected

LONDON -- U.K. hedge fund Palliser Capital will remain invested in Japan's Keisei Electric Railway even if shareholders vote down its proposal for the train company to pare its stake in Tokyo Disney Resort operator Oriental Land, the fund's founder told Nikkei.

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Vladimir Putin - JUNNOSUKE KOBARA - Nikkei staff writer - Putin courts North Korean support in Ukraine war with rare trip - asia.nikkei.com - Russia - North Korea - Ukraine -  Seoul -  Sanction

Putin courts North Korean support in Ukraine war with rare trip

SEOUL -- Russian President Vladimir Putin will kick off his first trip to North Korea in 24 years on Tuesday as he seeks to bolster the countries' ties in the face of Western sanctions over the war in Ukraine.

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Nikkei staff writer - TSMC supplier Organo aims for new heights after tenfold jump in stock - asia.nikkei.com - Japan -  Tokyo - Taiwan

TSMC supplier Organo aims for new heights after tenfold jump in stock

TOKYO -- Japanese industrial water company Organo, a key supplier for Taiwan Semiconductor Manufacturing Co., has increased its stock price by around a factor of 10 in five years, buoyed by technological prowess and a resistance to swings in the chip market.

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