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TOKYO -- The world's developing countries were expected to pay a record $150 billion-plus in interest on external debt in 2023 and again in 2024, according to the World Bank, raising concerns over the potential effect on the global economy.
GUANGZHOU -- Xiaomi, a new challenger in China's EV wars, plans to double its developers of driver assistance technology to 2,000 by 2025 as it seeks an edge on rivals.
TOKYO -- Share buybacks in Japan are running at a record pace this year as listed companies respond to pressure to use capital more efficiently.
TOKYO -- At least 50% of Japan's exports of semiconductor manufacturing equipment went to China for a third straight quarter in the three months through March, amid an apparent surge in demand for less advanced gear spurred by U.S.-led trade restrictions.
BRUSSELS -- The Group of Seven leading industrialized nations will set up a fund to support Ukraine, using income generated from frozen Russian assets, Nikkei has learned.
NEW YORK -- India, despite a projected slowdown this year, will continue to be the world's fastest-growing large economy, according to the World Bank's latest Global Economic Prospects report.
HONG KONG -- Hong Kong's High Court on Tuesday ordered midsize Chinese real estate company Dexin China to liquidate, following a petition by state-owned China Construction Bank based on the developer's failure to repay debts.
BRUSSELS -- The Group of Seven will set up a fund to support Ukraine, using income from frozen Russian assets, Nikkei has learned.