A group of U.S. lawmakers warned of the possibility of forced participation of Uyghurs in clinical trials conducted in China's Xinjiang region.
Pharmaceuticals

American clinical trials in China questioned by U.S. lawmakers

House members cite risks of intellectual property theft and forced use of Uyghurs

21 August 2024
The Lexus LF-ZC, an EV set to be released in 2026, will use gigacasting for parts. (Photo by Yuki Nakao)
Electric vehicles

Toyota to test Tesla-style EV gigacasting machine at Japan plant

Automaker taps cutting-edge production process in bid to lower costs

21 August 2024
Alimentation Couche-Tard has expanded its convenience store network in Canada under the brand name Couche-Tard.
Retail

Seven & i potential buyer Couche-Tard is skilled M&A tactician

Canadian company's buyout of Japanese 7-Eleven parent would be its biggest yet

21 August 2024
Taiwan Semiconductor Manufacturing Co. aims to start up the fabrication facility in Dresden by 2027.
Semiconductors

TSMC breaks ground on first Europe chip fab with eye on auto sector

Chipmaker scrambles for staff in Dresden to avoid delays in overseas expansion

21 August 2024
Cars are lined up at a Toyota Motor assembly plant in the Japanese city of Miyawaka. A vehicle's software can span over 200 million lines of code. (Photo by Toshiki Sasazu)
Cybersecurity

Toyota, Hitachi join Japan's automotive cybersecurity push

Over 100 companies eye rules on software inventories to deter attacks

21 August 2024
China's three state-owned telecom operators are gearing further towards higher dividend payments and lower capital expenditure. (Photo by Kenji Kawase)  
Telecommunication

China Telecom, China Mobile hike dividends under Beijing pressure

Payout ratios to go beyond 75% for state-owned telecos as need to invest recedes

21 August 2024
MUFG raised its stake in U.S. Bancorp last year, during turbulence following the collapse of Silicon Valley Bank. (Photo by Yuki Nakamura)
Finance

MUFG sheds $1bn in U.S. Bancorp shares

Japanese megabank will maintain smaller stake, bolster partnership

20 August 2024
Tesla Model 3 vehicles at its factory in Shanghai, China.
Electric vehicles

EU slashes planned tariff on Tesla's China-made EVs to 9%

New reduced rate is set lower than the 20.8% it had indicated in July

20 August 2024
Mitsubishi Electric says it has a 50% share in optical transmission chips used in data centers. (Photo by Nanami Sato) 
Semiconductors

Mitsubishi Electric to mass-produce next-gen optical chips in January

Company to boost production capacity by 50% on growing data center demand

20 August 2024
South Korean and Mercedes-Benz officials conduct a joint examination on Aug. 8 of an electric car that caught fire at apartment complex in Incheon, South Korea.
Electric vehicles

Mercedes-Benz under pressure following South Korea EV blaze

Details of fire under investigation as residents call on company to make payout

20 August 2024
A Kaisa construction site in Shanghai in December 2021: Kaisa says 34% of one creditor group and 36% of another agreed to subscribe to newly issued senior notes and convertible bonds with later maturities.
China debt crunch

Distressed Chinese developer Kaisa gets breather from major creditors

Other players continue to scramble against winding-up petitions and mounting losses

20 August 2024
FPT Japan’s new office in Mita, Tokyo. (Photo by Koji Nozawa)
Technology

Vietnam's FPT invests $200m to launch AI services in Japan, other places

Firm to start cloud ops with Nvidia GPU, expand personnel to 5,000 by 2025

20 August 2024
Analysts and investors will be looking for signs of easing in U.S. Federal Reserve Chair Jerome Powell's speech at the central bank's research symposium at Jackson Hole, Wyoming. 
Currencies

Malaysia, Singapore currencies rise on tight policies before Jackson Hole

South Korea and Taiwan's currencies slump, reflecting U.S. recession risk

20 August 2024
Black Myth: Wukong, which one analyst called China's "first full-fledged game" for consoles, was developed by Tencent-backed Hangzhou startup Game Science.
Media & Entertainment

Black Myth: Wukong hits PS5s and PCs in Chinese industry 'milestone'

One of this year's hottest console games raises hopes for sector's development

20 August 2024
TSMC's Kumamoto plant: The Taiwanese contract chipmaker has pledged to recycle 75% of the water it consumes at its new factory in the prefecture. (Photo by Mizuho Miyazaki)
Technology

Water pressure: TSMC, others tackle groundwater worries in Kumamoto

Farmers look to partnerships with companies to protect vital resource

20 August 2024
Lime operates in 280 cities worldwide, capturing over 9 million new users last year.
Startups

U.S. e-scooter startup Lime brings rental service to Japan

Company's first foray into East Asia will see 2,000 vehicles in Tokyo this year

20 August 2024
Paetongtarn Shinawatra has risen to Thailand's prime ministerial post on the strength of her father Thaksin's influence, but with that influence weakening, tough challenges lie in store for the 37-year-old as she takes up her first role in government. (Photo by Shinya Sawai) 
Asia Insight

Thailand's latest Shinawatra PM walks the same economic, political tightrope

Paetongtarn takes office with growth the key issue as father Thaksin calls party shots

20 August 2024
Sushiro's first Beijing location features a large touch screen for ordering. (Photo by Shunsuke Tabeta)
Food & Beverage

Sushi chain Sushiro rolls into Beijing with private rooms, sashimi platters

Restaurant positions itself as an affordable choice for lovers of Japanese food

20 August 2024
Yuki Shirato, managing director of Techstars, says he looks to develop Japan's unique entrepreneurial ecosystem. (Techstars)
Startups

U.S. startup investor Techstars debuts Japan accelerator program

12 startups each receive $120,000 and mentorship in 3-month program

20 August 2024
In May, China Southern Airlines opened direct flights from Shenzhen to Mexico City, the company’s longest passenger route.
Transportation

China-Mexico flights reopen amid manufacturers' Latin American push

BYD's plans for new plant in the country could further boost air travel demand

20 August 2024
Seven & i operates a variety of businesses, opening it to some market criticism of a lack of efficiency. (Source photos by Nikkei)
Business deals

Seven & i's slumping stock price raises takeover risk

Japan 7-Eleven parent's structural reforms fail to impress investors

20 August 2024
Attendees at the latest Financial Working Group pose for a photo in Shanghai. (People's Bank of China)
Economy

U.S., China agree to work more closely in times of financial stress

The fifth Financial Working Group meeting concluded as trade tensions rise

20 August 2024
Computer scientist Andrew Ng's first AI fund was backed by Japan's SoftBank Group and Mitsui & Co. (Photo by Akitoshi Sugiura)
Artificial intelligence

Japan's Mitsubishi Corp. to invest in Andrew Ng's next AI fund

Trading house aims to train dozens of engineers, data analysts each year

20 August 2024
Tokyo Metro's profits jumped in the April-June quarter on increased passenger traffic. (Photo by Konosuke Urata)
IPO

Tokyo Metro headed for IPO as soon as October

Tokyo listing could value the subway operator at up to $4.8bn

20 August 2024
Seven & i is a major global operator of convenience stores. (Photo by Yuji Murakami)
Business deals

Japan 7-Eleven parent to mull takeover offer from Canada's Couche-Tard

Deal could create a top global retail group centered on convenience stores

19 August 2024