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Nikkei staff writers in asian news

Nikkei staff writers - China EVs soar in Brazil, threatening Fiat, GM and VW dominance - asia.nikkei.com -  Tokyo - China - Brazil -  Sao Paulo

China EVs soar in Brazil, threatening Fiat, GM and VW dominance

SAO PAULO/TOKYO -- Brazil's demand for inexpensive electric vehicles and plug-in hybrids has seen sales of Chinese autos swell eightfold in the country this year, cutting into Western automakers' hold over the market.

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Nikkei staff writers - Ev - China EV sales surge in Brazil, threatening Fiat, GM and VW dominance - asia.nikkei.com -  Tokyo - China - Brazil -  Sao Paulo

China EV sales surge in Brazil, threatening Fiat, GM and VW dominance

SAO PAULO/TOKYO -- Brazil's demand for inexpensive electric vehicles and plug-in hybrids has seen sales of Chinese autos swell eightfold in the market this year, cutting into the dominance established by Western automakers.

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Nikkei staff writers - Why is Japan's yen falling? Retail investors are one reason - asia.nikkei.com - Japan -  Tokyo

Why is Japan's yen falling? Retail investors are one reason

TOKYO -- Japanese individual investors have emerged as a new factor in the yen's persistent slide, complicating any attempts by authorities to support the currency.

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KENJI KAWASE and ECHO WONG - Nikkei staff writers - Asian - Law firms rally Asian claimants against Switzerland over AT1 bond wipeout - asia.nikkei.com - Hong Kong -  Hong Kong - Switzerland

Law firms rally Asian claimants against Switzerland over AT1 bond wipeout

HONG KONG -- Global law firm Withersworldwide is seeking to unite holders of additional tier one, or AT1, bonds issued by the now-defunct Credit Suisse in Asia, aiming to launch legal action to recover losses they suffered when the bonds were written off during the bank's sudden merger with UBS last year.

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Donald Trump - YUKIHIRO SAKAGUCHI and NISHANT ANNU - Nikkei staff writers - U.S. will defend Japan, Taiwan if Trump wins election: H.R. McMaster - asia.nikkei.com - Japan - China - Taiwan - Usa - Washington

U.S. will defend Japan, Taiwan if Trump wins election: H.R. McMaster

WASHINGTON -- The U.S. will remain committed to defending Japan and Taiwan even if Donald Trump returns to the White House after the November election, former national security adviser H.R. McMaster tells Nikkei, saying he thinks the former president would be "convinced of the strategic importance" of American forces in Japan for deterring China.

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Nikkei staff writers - Japan manufacturers score record profits on price hikes, weak yen - asia.nikkei.com - Japan -  Tokyo

Japan manufacturers score record profits on price hikes, weak yen

TOKYO -- Net profits in Japan's manufacturing sector swelled to an all-time high in the previous fiscal year due to price hikes and the effects of the weak yen.

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Koji Sato - YUICHI SHIGA - Nikkei staff writers - Toyota to invest $13bn in EVs, AI and supply chain - asia.nikkei.com -  Tokyo

Toyota to invest $13bn in EVs, AI and supply chain

TOKYO -- Toyota Motor on Wednesday reported a record net profit of 4.9 trillion yen ($31.8 billion) for the financial year ended March, double that of the previous 12 months, helped by a weak yen and accelerating demand for hybrid vehicles.

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Nikkei staff writers - Myanmar's public struggles with inflation as currency tumbles - asia.nikkei.com - Burma -  Bangkok -  Yangon

Myanmar's public struggles with inflation as currency tumbles

BANGKOK/YANGON -- Myanmar has been fighting a losing battle to stabilize its currency, despite employing a wide range of tools, and ordinary people are paying for it in the form of runaway inflation.

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