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BEIJING/TOKYO -- Xiaomi, one of the world's largest smartphone makers, has jumped into the electric vehicle market, releasing a model that is priced at less than half that of EVs offered by Tesla of the U.S. and Porsche of Germany, despite offering better performance than those prestigious brands.
TOKYO -- Consumers in Japan are shying away from dietary supplements and other so-called functional foods over a health scare linked to red yeast rice products from Kobayashi Pharmaceutical.
TOKYO -- Japan plans to increase a penalty for monopolistic practices by tech companies to 20% or more of their applicable sales nationwide, Nikkei has learned, more than triple the percentage under current antitrust law.
TOKYO/BANGKOK -- The number of visitors to Southeast Asian countries topped 100 million last year, reaching 70% of the pre-COVID level in 2019, as the economy regained its footing after the pandemic and with new transport infrastructure, mostly financed by China, helping attract travelers to Laos and Cambodia.
TOKYO -- Asia on Sunday reacted with alarm to a dramatic escalation of tensions in the Middle East, as Iran lobbed explosive drones and missiles in its first direct attack on Israel.
TOKYO -- Countries across the globe are becoming increasingly wary of the growing might of the U.S. dollar. Emerging economies such as Indonesia have begun to move to defend their currencies against the possibility of renewed inflation and downward pressure on growth through higher import prices.
Welcome to Your Week in Asia.
SENDAI, Japan -- Japanese chipmaking equipment manufacturer Tokyo Electron is making big capital investments in Japan's northeast, a region once known as the "Silicon Road," as the company works to hone mass-production technology several generations away.