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Honda to move up production of next-gen hybrids in EV strategy overhaul
Economy

Honda to move up production of next-gen hybrids in EV strategy overhaul

A CR-V made at Honda's plant in the Canadian province of Ontario. (Photo by Azusa Kawakami) TOKYO -- Honda Motor plans to accelerate mass production of next-generation hybrid vehicles by several months, aiming to start building a hybrid CR-V sport utility vehicle in North America as early as February 2027.

Petronas, Woodside tout alternatives to Mideast LNG for Asian buyers
Economy

Petronas, Woodside tout alternatives to Mideast LNG for Asian buyers

Attendees walk through Gastech Bangkok 2026 on Sept. 15. (Photo by Ken Kobayashi) BANGKOK -- Malaysia's state-owned energy group Petronas is moving forward with liquefied natural gas projects in the Asia-Pacific region that could offer energy buyers viable alternatives to unstable Mideast supplies.

J-pop artists lose out as overseas royalties slip through cracks
Economy

J-pop artists lose out as overseas royalties slip through cracks

Differences in industry customs spur action at Japanese agencies Copyright management firm NexTone collects royalties directly from platforms like YouTube, while copyright group JASRAC works with its overseas peers. (Source photos by Nikkei and JASRAC) TOKYO -- Different business practices mean lyricists and composers in Japan's pop music industry are missing out on overseas royalties, highlighting the need to more sophisticated collection systems.

Kodak surges to Japan’s top camera brand after striking a chord with Gen Z
Economy

Kodak surges to Japan’s top camera brand after striking a chord with Gen Z

The Kodak Pixpro FZ55 is distributed by Maspro Denkoh in Japan, affordably priced below 30,000 yen. (Source photos by Reuters and Maspro Denkoh) TOKYO -- Eastman Kodak overtook Canon as the No. 1 camera brand in Japan by sales volume in fiscal 2025, ending the Japanese company's 20-plus-year streak at the top by boosting appeal with young users.

Indonesia quake aftermath exposes fault lines in Prabowo’s economic plans
Economy

Indonesia quake aftermath exposes fault lines in Prabowo’s economic plans

A man walks past an school damaged by a magnitude 7.7 earthquake in Satar Punda village, East Nusa Tenggara province, on Aug. 18, Displaced residents still need food, clean water, temporary shelter, but the village has limited resources to fund recovery. © AP Villages struggle to foot recovery bill after funds redirected to president's flagship programs SATAR PUNDA, Indonesia -- Once the shaking stopped after last month's giant earthquake off East Nusa Tenggara province, chief village elder Fransisko Edwin Budiman knew he had two major problems on his hands.

Panasonic Energy gets in on AI demand boom
Economy

Panasonic Energy gets in on AI demand boom

Japanese supplier envisions $5.5bn in fiscal year sales of batteries for data centers Panasonic's cylindrical lithium-ion batteries are finding a new role as backup power units for data centers. (Nikkei montage/Source photos by Yuya Kakegawa and Panasonic) TOKYO -- Panasonic Energy may be best known for supplying batteries for Tesla's electric vehicles, but the Japanese supplier says sales to data centers are now driving its growth.

Thailand must invest in front-end chip production, industry body says
Economy

Thailand must invest in front-end chip production, industry body says

Country urged to offer more incentives to welcome foreign firms Wirat Sri-amonkitkul, head of the Thai Semiconductor Industry Trade Association, speaks during an interview on Sept. 8. BANGKOK -- Thailand should invest in the front end of semiconductor manufacturing to build a comprehensive supply chain, says the head of a local industry group as the country aims to catch up with regional peers in the high-value sector.

India and China pursue disaster diplomacy in flood-hit Nepal
Economy

India and China pursue disaster diplomacy in flood-hit Nepal

New Delhi plays 'operational partner' role; Beijing provides relief drones In the aftermath of disastrous flooding last month, Nepal has received relief supplies and technical assistance from China and India as its giant neighbors compete to polish their friendship credentials. (Nikkei montage/Source photo by Reuters) KATHMANDU -- Hours after devastating floods struck Nepal in late August, India sent 10 metric tons of emergency relief, including shelters, solar lamps and medicine. Four days later, China delivered five times as much: 50 tons of tents, sleeping bags, first-aid kits and more, opening the latest race in disaster diplomacy between Asia's largest nations.

Taiwan confirms new Philippines office in works, China says move ‘doomed’
Economy

Taiwan confirms new Philippines office in works, China says move ‘doomed’

Initiative pushes back against Beijing's pressure on Taipei's overseas missions Taiwan Foreign Minister Lin Chia-lung has emphasized strengthening ties with the Philippines as more than diplomatic gestures. © Reuters TAIPEI -- Taiwan's top diplomat has confirmed Nikkei Asia's reporting on plans to open a second quasi-diplomatic mission in the Philippines, while China reacted with a sharp condemnation.

Singapore exports surge 46% in August, strongest in 38 years
Economy

Singapore exports surge 46% in August, strongest in 38 years

Singapore's electronics exports have been robust on global AI-related demand, jumping 131.8% in August from a year earlier. © Reuters SINGAPORE -- Singapore's exports surged 46.2% in August from a year earlier, marking their strongest growth in 38 years as global AI-related demand continued to provide a strong tailwind for the city-state's electronics sector.

Yen weakens to 156-level as Fed fulfills rate hike expectations
Economy

Yen weakens to 156-level as Fed fulfills rate hike expectations

Asian currencies dip against greenback; BOJ meeting in focus The U.S. Dollar Index, a gauge of the greenback's strength against major currencies, has risen over the 100 mark. © Reuters TOKYO -- Asian currencies broadly weakened against the dollar on Thursday with the Japanese yen slipping into the 156-range following a rate hike by the U.S. Federal Reserve, which struck a hawkish tone in its future policy outlook.

Vietnam bus maker Kim Long enters Thailand, eyes ASEAN exports
Economy

Vietnam bus maker Kim Long enters Thailand, eyes ASEAN exports

Rare overseas manufacturing push by Vietnamese vehicle maker Kim Long Motor's buses are parked at the company's Hue facility. The Vietnamese manufacturer plans to make Thailand its first overseas production base. (Screenshot from Kim Long Motor's Facebook page) HO CHI MINH CITY -- Kim Long Motor, a Vietnamese bus manufacturer, will make the vehicles in Thailand, deepening industrial ties between the countries as the company seeks to build an ASEAN production base beyond its home market.