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Economy

Taiwan to open new Philippines mission in diplomatic push, sources say

Office in Cebu planned as Southeast Asia is increasingly split by China pressure The Philippines' President Ferdinand Marcos Jr. and Taiwan's President Lai Ching-te: The two sides are deepening cooperation despite the absence of official diplomatic recognition. (Source photos by Ken Kobayashi and Sae Kamae) KAOHSIUNG, Taiwan -- Taiwan and the Philippines are finalizing plans for Taipei to open a second quasi-diplomatic mission in the Southeast Asian country, according to multiple sources, shoring up cooperation and investment as both sides face security challenges from China.

September 14, 2026

Economy

OpenAI says it is in talks to train models in Australia

Government sees chance to gain leverage in setting of industry standards Ann O'Leary, OpenAI's vice president of global policy, speaks in Sydney on Sept. 14. (Photo by Shaun Turton) CANBERRA -- U.S. artificial intelligence giant OpenAI is open to training its models in Australia, with a senior executive saying talks around issues such as copyright protections are underway.

September 14, 2026

Economy

Indonesia’s Prabowo fires finance minister, replaces him with deputy

Suahasil Nazara is an economist who had been vice finance minister since 2019 New Indonesian Finance Minister Suahasil Nazara speaks at an event in Jakarta earlier this month (Indonesian Finance Ministry website) JAKARTA -- Indonesian President Prabowo Subianto fired Finance Minister Purbaya Yudhi Sadewa in a shock move on Monday and replaced him with his deputy, Suahasil Nazara.

September 14, 2026

Economy

China state carmaker FAW poised to take stake in GAC in consolidation bid

China's state-owned carmakers, whose ventures with foreign legacy marques were cash cows in the gasoline-car era, are now bleeding heavily. HONG KONG -- Shares of Guangzhou Automobile Group on Monday were suspended from trading in Hong Kong and Shanghai, pending disclosure of "inside information," according to the company.

September 14, 2026

Economy

Hong Kong IPO boom and Chinese AI race fuel frenzy of follow-on deals

Tech companies including Z.AI raise billions through share sales, convertible bonds China's Z.AI is raising billions in follow-on deals, while the overall value of such moves hit a five-year high in the first half, according to Hong Kong Exchange data. (Source photos by Reuters and Kensaku Ihara) HONG KONG -- Chinese companies are raising more equity capital through follow-on deals, a trend fueled in recent weeks by a slew of tech players seeking funds for AI expansion.

September 14, 2026

Economy

Toyota readies hydrogen-powered Hilux truck for 2028 Europe launch

Fuel cell version of popular pickup to be marketed as light commercial vehicle A Toyota Motor official discusses the hydrogen-powered Hilux at an auto show in Hannover, Germany, on Sept. 14. (Photo by Ryo Asayama) HANNOVER, Germany -- Toyota Motor will roll out a hydrogen fuel cell version of its Hilux light commercial truck in Europe in 2028 under plans announced Monday, targeting vehicle-leasing companies and other corporate customers.

September 14, 2026

Economy

Tesla lays groundwork to enter Vietnam’s hot EV market

A Tesla dealership in Tokyo. The company has not revealed sales plans for Vietnam. (Photo by Risako Kojima) HANOI -- Tesla has established a subsidiary in Vietnam, preparing to enter one of Southeast Asia's fastest-growing markets for electric vehicles.

September 14, 2026

Economy

Shake-up at Japan nuclear plant operator after quake data scandal

Exclusive: Chubu Electric Power set to name strategy chief as new president Chubu Electric Power will withdraw its application for inspections to restart two reactors at the Hamaoka nuclear power plant. © Kyodo NAGOYA, Japan -- A new president will take charge of one of Japan's biggest regional power companies after revelations of tampering with seismic data used to assess nuclear plant safety, Nikkei has learned.

September 14, 2026

Economy

Trump leaves door open to Chinese carmakers ahead of summit with Xi

American president faces stiff domestic opposition to lowering import barriers U.S. President Donald Trump has denied rumors that he was willing to approve the sale of Chinese cars in the American market ahead of his meeting with Chinese President Xi Jinping. (Source photos by Reuters) NEW YORK -- U.S. President Trump has again suggested that his administration would not stop Chinese companies from building cars on American soil, even as voices in the U.S. auto industry and Washington warn against letting them in.

September 14, 2026

Economy

BOJ and Fed face critical test as market pressure rises on rates

Bank of Japan Gov. Kazuo Ueda and Federal Reserve Chair Kevin Warsh are caught between inflation and political pressure. (Nikkei montage/Source photos by Shintaro Ino, AP and Akira Kodaka) Future policy path in focus as inflation fears reignite and bonds sell off globally TOKYO -- Central banks in the U.S. and Japan will face a critical test this week as investors ramp up pressure on policymakers to stay ahead of inflation and convince markets they can keep pace with shifting expectations.

September 14, 2026

Economy

Applied Materials using AI to speed chip materials discovery, Japan chief says

Applied Materials is one of the world's top suppliers of chipmaking equipment. © Reuters TOKYO -- The semiconductor industry needs to embrace new materials to keep advancing as current chip miniaturization technology approaches its limits, and Applied Materials is using artificial intelligence in hopes of contributing to breakthroughs, the American company's top Japan executive told Nikkei in an interview.

September 14, 2026

Economy

India’s data center boom creates new engine for renewable energy

Large power needs increase bankability for battery-backed solar and wind projects The rapid expansion of data centers in India -- which are expected to consume about 3% of the country's total electricity by 2030 -- is changing the way renewable developers think about new projects. (Source photos by Reuters) BENGALURU -- India's push to become a major hub for artificial intelligence is creating a massive opportunity for the country's renewable energy industry, as data center companies need enormous amounts of electricity and are willing to sign long-term contracts for it.

September 14, 2026