Electric vehicles
Tesla sets up insurance brokerage in China
EV giant looks to offer related services in the market
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Semiconductors
Japan transit card shortage leaves foreign tourists scrambling
Compatible chips still hard to come by despite global supply returning to normal
Business deals
Carlsberg to take full control of its Indian and Nepali businesses
Accelerated investment to capture growth opportunities in 'exciting' markets
Media & Entertainment
Nintendo sales and profit plummet in Q1 as gamers await next console
Weak yen helps sales in Japan as foreign tourists buy the aging Switch
Equities
Japan stocks take largest dive since Black Monday of 1987
Nikkei average tumbles to lowest close since January; Taiex and Kospi also skid
Business trends
Japanese companies see limited financing impact from BOJ hike
Mitsubishi says currency assumptions unchanged, JAL expects to benefit
Commodities
Thailand, Vietnam vie to grow rice market share in the Philippines
Faltering domestic supply forces Manila to rely on imports from neighbors
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Technology
Intel profit plunges 85% as AI chip sales fall behind Nvidia and AMD
U.S. chip giant to lay off 15,000 workers as part of $10bn cost-cutting plan
Business deals
MUFG to invest $393m in Philippine mobile payment leader Mynt
Financial group eyes growth in Southeast Asian digital finance market
Markets
Stocks sell off as U.S. data sparks worry and yields plunge
Financials in Europe see biggest single-day drop since March 2023
Technology
Apple sets new June quarter revenue record but China woes continue
iPhone maker in talks with Beijing to bring AI features to Chinese users
Business Spotlight
Rapidus: How a phone call from IBM reignited Japan's chip ambitions
Startup preparing to begin test production of high-tech semiconductors in April
Opinion
Poker-faced Ueda overplays hand as BOJ enters tightening phase
Weak yen policy has taken the onus off governments to restructure the economy
Transportation
Philippines resort picked for test of Japanese self-driving sky tram
Zip Infrastructure targets Southeast Asia with cheaper alternative to monorails
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Materials
Japan diaper material maker plans $110m expansion at Indonesia plant
Nippon Shokubai to boost production capacity for superabsorbent polymer
Electric cars in China
China's Xiaomi breaks ground on 2nd EV plant in Beijing
Move follows debut of the smartphone maker's 1st electric car
Media & Entertainment
Nintendo and Sony hamstrung in China by thin game libraries
Regulators have approved only 1% of titles released for Switch and PS5
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Automobiles
Toyota scandals batter suppliers while group posts record profit
Automaker boosts support to Japan parts makers hit by production cuts
Construction
Jakarta skyscraper, among Indonesia's tallest, set for 2028 completion
Japan developer Mitsubishi Estate's joint project features 330-meter tower
Supply Chain
South Korea's top 3 battery makers see earnings slide on EV slowdown
LG Energy Solution, SK On and Samsung SDI have been building up production capacity
Electric vehicles
Vietnam's VinFast rolls out mini e-SUV for under $13,000
Carmaker aims to deliver at least 20,000 of the compact EVs this year
Business deals
Saudi sovereign fund PIF signs $50bn deals with Chinese banks
Pacts with 6 institutions encourage 2-way capital flows
Automobiles
Nissan and Honda to jointly develop tech-savvy cars, share EV parts
Mitsubishi Motors welcomed into alliance as Japanese brands race to catch up
Automobiles
Toyota's record Q1 net profit comes on weak yen and despite sales drop
Sales in Japan slip after group's safety test irregularities
International relations
India summons Sri Lanka's envoy after maritime collision
One Indian fisherman dead, one missing after bump with Sri Lankan navy