Japan chip equipment maker Disco to open India sales base
TOKYO -- Japanese chipmaking device supplier Disco is set to form a subsidiary in India as early as September for marketing and helping manufacturers set up semiconductor fabs in the country.
Nikkei staff writers in asian news
Hong Kong apparel maker Giordano to focus on mainland China again
HONG KONG -- Major Hong Kong apparel maker Giordano International announced a new business strategy centered on a comeback in the mainland Chinese market on Thursday, as new management tries to bring its earnings back on track.
Japan's ruling LDP to vote on Kishida successor: 5 things to know
TOKYO -- Japan is set to have a new leader next month after Prime Minister Fumio Kishida announced he would not seek reelection as head of the ruling Liberal Democratic Party.
Japan's Q2 GDP grows annualized 3.1% as consumption rises
TOKYO -- Japan's economy grew an annualized 3.1% in the April-June quarter from the previous three months, the Cabinet Office said Thursday, bouncing back from a contraction in the prior quarter buoyed by rising consumption of automobiles and other durable goods.
Japan's Kishida to step down as PM after LDP picks new leader
TOKYO -- Japanese Prime Minister Fumio Kishida announced Wednesday that he will step down after the ruling Liberal Democratic Party selects a new chief next month, "taking responsibility" for an enduring political funding scandal that has engulfed it for months.
Japan's LDP heavyweights set to spar for PM post as Kishida steps aside
TOKYO -- Factions of Japan's ruling Liberal Democratic Party kicked off their battles over nominating party heavyweights for the LDP's presidential poll in September, as Prime Minister Fumio Kishida said he will not be running and will cede the prime ministerial post to the next president.
U.S. chip, EV industries struggle to take off despite huge subsidies
NEW YORK/WASHINGTON/PALO ALTO, California -- Two years after the U.S. passed major legislation to promote its domestic chip and electric vehicle industries, getting projects to the actual production stage and reducing supply chain reliance on China remain a challenge.
Indonesia's new capital Nusantara attracts increased investor interest
NUSANTARA/JAKARTA -- From Indonesia's largest privately owned bank to a Thai toilet maker, Indonesia's planned new capital Nusantara is attracting increasing investor interest as the country's incoming leader Prabowo Subianto attempts to quell concerns from some businesses about his support for the project.