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TOKYO -- Japan's listed companies are performing well, posting a year-on-year combined net profit increase of 10% in April to June on continued AI-related demand and the weak yen, according to data compiled by Nikkei. But corrections in the local currency and sluggish demand in China offer some cause for concern.
TOKYO -- Japanese chipmaker Rapidus plans to use robots and artificial intelligence to fully automate production at a chip fabrication facility being built in northern Japan, a move meant to slash delivery times compared with rivals, President Atsuyoshi Koike told Nikkei.
TOKYO -- More currency strategists predict the yen to end the year stronger than they had expected, in the mid-140 range to the dollar, following the currency's recent surge.
TOKYO/MUMBAI -- Indian equities are losing ground this month as the government moves to cool down overheated retail betting on the stock market and international investors tap the brakes.
TOKYO -- Japanese hotel operators plan to employ more foreign staff in the coming years as the industry struggles to fill the hole left by pandemic-era job cuts amid a tourism rebound that has sent demand surging.
TOKYO -- Japanese automakers are rethinking their strategies in China and Thailand after double-digit sales declines there in the April-June period, with consumers in those key markets and beyond increasingly shifting to electric vehicles.
TOKYO -- Asian countries' trade with Russia since its invasion of Ukraine has been vital for its economic survival amid a barrage of Western sanctions, according to a billionaire oligarch considered close to President Vladimir Putin.
HONG KONG -- Black Sesame International, an automotive chip maker from China that fully relies on Taiwan Semiconductor Manufacturing Co. (TSMC) for its production, made a dismal debut on the Hong Kong Exchange on Thursday, plunging below its initial public offering price.