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Nikkei staff writers in asian news

Nikkei staff writers - Sharp's president steps down after 2 years of losses and missteps - asia.nikkei.com - Taiwan

Sharp's president steps down after 2 years of losses and missteps

OSAKA -- Robert Wu stepped down as Sharp's president and CEO effective on Thursday following a two-year stint marred by red ink and visible frictions with Taiwanese parent Foxconn.

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ECHO WONG and KENJI KAWASE - Nikkei staff writers - Chinese developer Sino-Ocean hit with liquidation petition by U.S. bank - asia.nikkei.com - China - Hong Kong - New York - city Hong Kong

Chinese developer Sino-Ocean hit with liquidation petition by U.S. bank

HONG KONG -- Sino-Ocean Group Holding has become the latest mainland Chinese developer to face a liquidation plea in a Hong Kong court, as the country's property market continues to struggle.

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ERWIDA MAULIA and ISMI DAMAYANTI - Nikkei staff writers - Freeport Indonesia fires up $3.7bn East Java copper smelter - asia.nikkei.com - Indonesia - city Jakarta

Freeport Indonesia fires up $3.7bn East Java copper smelter

JAKARTA -- Freeport Indonesia, a copper mining company, commissioned on Thursday its much-anticipated new copper smelter in East Java, which will more than triple its production of copper cathode as demand for the metal booms for use in electric vehicles and renewable power plants.

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Anthony Albanese - Manasseh Sogavare - SHAUN TURTON and SOPHIE MAK - Nikkei staff writers - Jeremiah Manele - Solomon Islands PM visits Australia in first foreign trip - asia.nikkei.com - China - Australia - Solomon Islands

Solomon Islands PM visits Australia in first foreign trip

SYDNEY -- Solomon Islands Prime Minister Jeremiah Manele and his Australian counterpart, Anthony Albanese, discussed policing and security on Wednesday during the Pacific nation leader's first official overseas trip since taking office.

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Nikkei staff writers - After U.S. job cuts, Sumitomo Pharma eyes layoffs in Japan - asia.nikkei.com - Japan - city Tokyo

After U.S. job cuts, Sumitomo Pharma eyes layoffs in Japan

TOKYO -- Sumitomo Pharma is considering laying off employees in its home market of Japan as early as this fiscal year, new President Toru Kimura told Nikkei, as the loss of U.S. exclusivity rights on the Latuda schizophrenia drug drags down its earnings.

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Nikkei staff writers - Japan LCC Zipair to add 2 aircraft and routes every year, CEO says - asia.nikkei.com - Japan - city Tokyo

Japan LCC Zipair to add 2 aircraft and routes every year, CEO says

NARITA, Japan -- Budget carrier Zipair Tokyo is planning to expand its international routes and flight capacity by adding two aircraft every year, the airline's chief said.

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KOSUKE INOUE - Nikkei staff writers - Southeast Asian airlines spend big to cash in on return of travelers - asia.nikkei.com - Thailand - city Bangkok - city Hanoi - city Manila

Southeast Asian airlines spend big to cash in on return of travelers

BANGKOK/HANOI/MANILA -- Bouncing back from pandemic-era losses, Thai Airways International and other Southeast Asian carriers are signing big aircraft purchase deals in a race to capture demand as tourists return to the region.

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Joko Widodo - Prabowo Subianto - NANA SHIBATA and ISMI DAMAYANTI - Nikkei staff writers - Indonesia looks to curb cost concerns over Prabowo's free meal program - asia.nikkei.com - Indonesia - city Jakarta

Indonesia looks to curb cost concerns over Prabowo's free meal program

JAKARTA -- Indonesian President-elect Prabowo Subianto's flagship policy of introducing free school lunches will not blow the country's budgetary targets for next year, the nation's finance minister said, looking to allay concerns over the costly program's fiscal impact.

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