3 reasons thriving Komatsu still trails Caterpillar in market value
TOKYO -- Komatsu is on a roll. The Japanese construction machinery maker has posted two straight years of record profits, while its share price recently hit an all-time high.
Asian news from Tokyo
Japan companies to launch $1bn fund for hydrogen supply chains
TOKYO -- A coalition of more than 400 Japanese companies and organizations plans to set up a $1 billion fund as early as the fiscal half ending September to bolster hydrogen supply chains, with an eye on Japan's economic security, Nikkei has learned.
Sony stock rises 3% as Paramount speculation fades
TOKYO -- Sony Group stock climbed nearly 3% on Tuesday as speculation the electronics and media giant could acquire U.S. film studio Paramount Global faded, easing investor concerns over the cost of any such deal.
Saudi games company wants to deepen Nintendo, Capcom ties
TOKYO -- A gaming company backed by Saudi Arabia's Public Investment Fund (PIF) is eager to forge stronger bonds with Japanese game developers, such as Nintendo and Capcom, to open up avenues for investment and game localization in the Middle East.
Indian stocks surge on exit polls suggesting Modi victory
TOKYO -- Indian stocks rose in Monday morning trading, lifted by exit polls suggesting a landslide victory for Prime Minister Narendra Modi's ruling alliance in the world's largest general elections.
In Japan, energy security fears put nuclear back in favour for 2040 plan
TOKYO — Japan is set to push for more nuclear power in an energy policy update due next year, seeking stable electricity supply in face of growing demand and heightening geopolitical risks, but is likely to struggle to meet its targets, industry experts say.
Malaysia urged to follow Philippines’ lead and get tougher with Beijing over South China Sea claims
He said these costs could come in various forms, from economic penalties to loss of territorial integrity and increased regional instability, undermining Malaysia’s national interests and security.
Japan hunts man who spray-painted ‘toilet’ on Yasukuni Shrine in Chinese social media video
“Faced with the Japanese government’s permission to discharge nuclear waste water, can we do anything?” the man asks. “No, I will give them some colour to see.”