China Executive Insights
EV maker is in 'advanced talks' with local partner to build cars in the country BYD did not disclose the exact reason for abandoning plans to build its own assembly plant in Malaysia. © Reuters KUALA LUMPUR -- Chinese auto giant BYD has shelved plans to set up its own assembly plant in Malaysia and is instead in "advanced talks" with a local partner to meet its production aims in the country.
Huawei, ZTE networks could hinder Russia's war efforts, help Kyiv's drones Local telecom operator Kyivstar's pilot 5G network depends almost exclusively on Huawei. LONDON -- Ukraine is preparing to launch a long-awaited 5G auction without a regulatory framework around high-risk vendors in place, raising concerns in Europe that Chinese players Huawei Technologies and ZTE could gain a foothold in the next-generation network.
India will host this year's BRICS Summit on Sept. 12-13. One analyst said New Delhi faces a difficult balancing act: strengthening the grouping without letting it become an instrument of Chinese influence. (Nikkei illustration) 25 years since term coined and 20 since bloc formed, energy ties deepen amid crises TOKYO/NEW DELHI -- Back in 2001, Jim O'Neill, then the head of global economic research at Goldman Sachs, released a paper that still resonates, though not exactly as he envisioned.
Upcoming inspection is critical step toward removing highly radioactive fuel TEPCO will attempt to remove radioactive debris using this 4.6-ton robot arm. (Pool photo) TOKYO -- Tokyo Electric Power Co. Holdings is preparing to inspect and remove fuel debris from one of the Fukushima Daiichi nuclear reactors using a massive robot arm, a step that, while five years behind schedule, could bring the ruined plant closer to decommissioning.
Japan parts makers eye place in US smartphone giant's broad supply chain Foldable smartphones like Apple's new iPhone Duo require components that can withstand repeated bending. (Photo by Kohei Yamada) TOKYO -- Apple's entry into the foldable smartphone market may offer more opportunities for Japanese suppliers that have worked since the feature phone era to make their materials and parts more compact and lightweight.
Key commodity price index hits 18-year high amid escalating US-Iran tensions Oil prices are surging as fighting in the Middle East stirs logistics concerns. (Photo by Ahmed Jadallah) TOKYO -- Oil prices are climbing as fighting between the U.S. and Iranian militaries intensifies, with Brent futures topping the key $100-per-barrel threshold.
Autumn could see 30% of bookings canceled, while travel makes up 38% of service exports A drone view shows mud covering properties following a flash flood in Trishuli, Nuwakot district, Nepal, Aug. 27. © Reuters KATHMANDU -- Milan Shrestha was away when devastating floods tore through northern Nepal in late August, sweeping away towns, roads, hotels and power plants. His parents, both in their late 50s, escaped uphill, but the family hotel was destroyed. His uncle, aunts and cousin remain missing.
But Dow Jones cleared of wrongfully firing Selina Cheng in case seen as media climate gauge Journalist Selina Cheng, who sued the Wall Street Journal's publisher for wrongful dismissal and violating her right to take part in union activity, meets reporters outside the court on Sept. 10. (Photo by Gloria Li) TOKYO/HONG KONG -- A Hong Kong court on Thursday found that the publisher of the Wall Street Journal improperly sought to deter a former reporter from engaging in union activity, although it cleared the company of wrongfully dismissing her.
Court rules Datteln must reopen tender and not focus on Apple devices only Datteln city's schools have been using iPads to teach children. (Courtesy of Andre Dora) HAMBURG, Germany -- Samsung Electronics has beaten a small western German city in a lawsuit over the procurement of 665 tablets in a case that could have far-reaching implications for the South Korean tech titan in Europe's largest economy.
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times Hi everyone! This is Cheng Ting-Fang, your host for this week's #techAsia, saying hello from Taipei, where I am just recovering from several intensive days covering the annual SEMICON Taiwan industry show with my colleague Lauly Li. "Packed" is really the word to describe the event. The exhibition halls were completely full, with booths spilling onto walkways, outside conference rooms and even next to escalators -- basically wherever organizers could find space. Some exhibitors had to build two-story booths because there simply wasn't enough room on the ground. But what caught our attention this year wasn't just the size of the show. Chip equipment makers were out in force, showcasing their latest models for advanced manufacturing, packaging and testing. At the same time, we saw something else: material suppliers and some of the industry's lesser-known "hidden champions" were becoming much more visible and much more vocal. Trumpf, for example, is known in the semiconductor industry for supplying the powerful laser source inside ASML's extreme ultraviolet (EUV) lithography systems, which are critical for cutting-edge chip production.
At geopolitics forum, Singapore PM calls for 'new coalitions' for stability Maziar Minovi, CEO of Eurasia Group, delivers his opening speech at the GZERO Summit Asia in Singapore on Sept. 10. (Photo by Kentaro Takeda) SINGAPORE -- Policymakers and businesses must brace for a deepening "geopolitical recession" that entails long-term political and economic instability, the head of political risk consultancy Eurasia Group said Thursday.
The Meiji Yasuda Shinjuku Building, left, near Shinjuku Station, and Dai-ichi Life's recently completed Kyobashi Kino Terrace near Tokyo Station. (Photo courtesy of SS and Shimizu Corporation) TOKYO -- Japanese life insurers are expanding and bolstering their real estate investment businesses in a bid to secure assets that can generate stable returns as they brace for a prolonged period of inflation.