Nikkei wins top Japan media award for 3D visual explainers
TOKYO -- Nikkei Inc. has received one of the Japanese newspaper industry's highest awards for a pair of interactive, in-depth features that combine open-source intelligence with 3D visuals.
Nikkei staff writers in asian news
Nvidia to become a big shareholder in Japan's Sakana AI
TOKYO -- U.S. chipmaker Nvidia will invest several billion yen (tens of millions of dollars) in Tokyo-based Sakana AI, a startup co-founded by former Google researchers, and will become a big shareholder, Nikkei has learned.
Bain Capital makes counteroffer to KKR's takeover bid for Fuji Soft
TOKYO -- U.S. private investment firm Bain Capital has made a counteroffer of 600 billion yen ($4.1 billion) to Japanese systems developer Fuji Soft to outdo a takeover bid by fellow U.S. private equity firm KKR, Nikkei has learned.
Myanmar arms civilians as rebels draw closer to Mandalay
BANGKOK/YANGON -- Myanmar's military government is allowing selected civilians to carry weapons, expanding its public mobilization beyond the draft as the fighting in its civil war edges closer to urban areas.
New World Development shares tumble as Hong Kong property woes bite
HONG KONG -- Hong Kong real estate conglomerate New World Development on Monday saw its stock price plunge by as much as 14.1% to the lowest level in 21 years after it warned of a hefty loss.
Japan chip equipment makers look beyond China for growth
TOKYO -- Despite strong Chinese demand, leading Japanese chipmaking equipment producers look to diversify their sales channels into countries like India to ensure long-term growth amid the risk of heightening tensions between Beijing and the U.S.
Macao casinos rake in revenue as authorities target money changers
HONG KONG/MACAO -- Revenues in Macao's casino business are climbing back toward pre-pandemic levels, but clouds of uncertainty are gathering as authorities clamp down on unlicensed money changing operations that play a key role in the industry.
Mitsubishi Electric retools U.S. auto parts site for AI cooling equipment
TOKYO -- Mitsubishi Electric will spend more than $140 million to convert its U.S. auto parts factory to make air conditioning equipment, which is in high demand for use in data centers supporting artificial intelligence.