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Nikkei staff writers in asian news

Nikkei staff writers - Yen, oil rally; stocks fall as geopolitical tensions flare - asia.nikkei.com - Japan -  Tokyo - Taiwan

Yen, oil rally; stocks fall as geopolitical tensions flare

TOKYO -- The yen strengthened to the 150 range versus the dollar in Tokyo by midday on Friday, the Japanese currency's strongest point in about two weeks, as a "risk-off" mood carried over to Asian markets amid investor jitters about rising geopolitical tensions in the Middle East, an earthquake in Taiwan and elevated inflation in the U.S.

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Nikkei staff writers - Many - As Myanmar starts military draft, many flee the country - asia.nikkei.com - Burma -  Bangkok -  Yangon

As Myanmar starts military draft, many flee the country

BANGKOK/YANGON -- Younger adults in Myanmar are streaming out of the country as the military sends draft notices in select regions under a conscription law recently put into effect to combat ethnic and anti-regime forces fighting the regime.

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Fumio Kishida - Nikkei staff writers - Japan, U.S., Philippines to cooperate in clean energy, chips: Kishida - asia.nikkei.com - Japan -  Tokyo - Philippines - Washington - county Cooper

Japan, U.S., Philippines to cooperate in clean energy, chips: Kishida

TOKYO -- Japan, the U.S. and the Philippines will work together in areas such as semiconductors, digitalization, communication networks, clean energy and critical minerals, Japanese Prime Minister Fumio Kishida told Nikkei ahead of a historic three-way summit in Washington next week.

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Shinzo Abe - Nikkei staff writers - Japan stocks boosted by $51bn in foreign cash, led by U.K. - asia.nikkei.com - Japan -  Tokyo - China - South Korea

Japan stocks boosted by $51bn in foreign cash, led by U.K.

TOKYO/LONDON -- The flow of foreign money into Japanese stocks reached a 10-year high in fiscal 2023, driven by investment from the U.K. -- including Middle Eastern oil money via London -- as well as South Korea and China.

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Fumio Kishida - Nikkei staff writers - Japan's Kishida faces party's ire after punishing scandal-hit members - asia.nikkei.com - Japan -  Tokyo

Japan's Kishida faces party's ire after punishing scandal-hit members

TOKYO -- Japan's ruling Liberal Democratic Party on Thursday handed down punishments for 39 members involved in a fundraising scandal, but internal confusion and sliding public support will likely continue to haunt Prime Minister Fumio Kishida.

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Nikkei staff writers - Konica Minolta cuts 2,400 jobs as demand for office printing wanes - asia.nikkei.com - Japan -  Tokyo

Konica Minolta cuts 2,400 jobs as demand for office printing wanes

TOKYO -- Konica Minolta, a Japanese office equipment maker, said that it will cut 2,400 employees globally by the end of March 2025 as the company tries to shift its focus to newer business lines as demand for paper printing in offices falls away.

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Nikkei staff writers - Konica Minolta cuts 2,400 jobs as demand for office printing wains - asia.nikkei.com - Japan -  Tokyo

Konica Minolta cuts 2,400 jobs as demand for office printing wains

TOKYO -- Konica Minolta, a Japanese office equipment maker, said that it will cut 2,400 employees globally by the end of March 2025 as the company tries to shift its focus to newer business lines as demand for paper printing in offices falls away.

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CHENG TINGFANG - Nikkei staff writers - Taiwan quake highlights risks and readiness of Asia's chip sector - asia.nikkei.com -  Tokyo - Taiwan -  Taipei

Taiwan quake highlights risks and readiness of Asia's chip sector

TAIPEI/TOKYO -- Just 10 hours after a massive, 7.2-magnitude earthquake struck off the coast of Taiwan, the island's biggest chipmaker, Taiwan Semiconductor Manufacturing Corp., was able to report that more than 70% of its chipmaking tools were back online, and that no vital machines had been damaged.

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