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TOKYO -- Mongolia seeks to expand its exploration for new deposits of critical minerals including nickel, lithium and rare earths, parliament chief Gombojav Zandanshatar told Nikkei Asia in an interview.
NAGOYA, Japan -- Toyota Motor's market capitalization has dropped roughly 2.9 trillion yen ($18.5 billion) after a safety scandal became public this week, as investors call into question group governance.
TOKYO -- Suzuki Motor on Friday announced it will close a subsidiary's auto plant in Thailand by the end of 2025 amid sluggish sales in the country and the automaker's decision to focus on global production sites with more promising markets.
BENGALURU -- The Indian rupee has regained stability after falling to a near all-time low against the dollar due to heavy selling triggered by election results suggesting Prime Minister Narendra Modi's alliance would come away with a narrow victory.
JAKARTA -- Demand for the kind of high-grade nickel used to make electric vehicle batteries is set to outpace supply in the coming years, a metals expert said at an industry conference in Indonesia this week.
HANOI -- Vietnamese conglomerate Vingroup is selling off main businesses and planning stock market listings in a scramble to raise funds for its loss-making VinFast EV business, raising concerns about the group's future cash flow.
HONG KONG -- China's exports expanded for the second straight month in May, lending support to the world's No. 2 economy, which is plagued by a prolonged property crisis and soft domestic demand.
SYDNEY -- Researchers in Australia say they have developed a method of "fingerprinting" lithium to determine where it was mined, promising greater transparency in the supply of minerals critical for the green energy transition.