Electronics
Mitsubishi Electric bets on price hikes amid headwinds in China, Europe
Investors focus on two earnings drivers: factory automation and air conditioning
Education
Indian edtech startup Byju's fights to avoid insolvency
Struggling company tries to settle unpaid fees to cricket body
Food & Beverage
Japan restaurant reservation sites start catering to foreign tourists
Services let customers pay to skip lines, reserve tables in other languages
Bank of Japan
BOJ to weigh rate hike to 0.25% at Wednesday policy meeting
Japan central bank seen halving JGB purchases within 2 years amid steady inflation
Defense
U.S. to boost Philippine defense capability with $500m investment
Hopes for bilateral intelligence-sharing agreement to be finalized by end of 2024
Technology
Indonesia's GoTo posts $174m loss in first half
Superapp and e-commerce platform's revenue rises 12%
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Property
Hong Kong developer Hang Lung's shares sink 15% after profit cut
Revenue decline at high-end mainland shopping malls 'worse than expected'
Electric vehicles
Isuzu to enter U.S. EV truck market ahead of tougher CO2 rules
Automaker to start locally assembled compact vehicle sales in August
Automobiles
Harley-Davidson Japan faces probe over excessive sales quotas
Antitrust watchdog looks into allegations dealers were forced to buy unsold units
Commodities
BHP and Canada's Lundin join forces in $3bn South American copper play
Australian giant shows ambition to mine the energy transition metal
Semiconductors
TSMC to start construction of first European chip plant in August
Chairman C.C. Wei to host groundbreaking ceremony in Dresden on Aug. 20
Retail
For China's e-commerce platforms, low prices are no longer enough
Key sector is prioritizing sustainable sales growth
Business trends
Singapore's Temasek plans to invest up to $30bn in U.S. over next 5 years
Will target sectors such as health care, financial services and tech
Food & Beverage
Japan snack giant Calbee looks to bring AI to potato chips
Company seeks U.S. startups to make healthier snacks and greener packaging
Companies
China tells companies to put worker reps in boardrooms
New law bolsters employee protections under Xi's 'common prosperity' goal
Defense
Japan to sell $19m in Patriot missiles to U.S.
Two sides settle on pricing, 7 months after agreeing to backfill American stockpiles
Coronavirus
Japanese researchers eye COVID treatment derived from stem cells
Immunotherapy creates killer T cells that detect coronavirus markers
Equities
AI, solid-state-battery hopes power up TDK's stock price
Japanese company holds roughly 40% global market share in mobile phone batteries
Climate Change
Sumitomo, JGC to harness Japan production tech for floating wind turbines
More than 20 companies to join consortium to manufacture platforms
Finance
Japan taps brokerages to market JGBs abroad as BOJ steps back
Ministry of Finance seeks buyers to fill gap in market long dominated by central bank
Business trends
China M&A deals down 45% in first half as economic slump continues
Tighter regulations at home and abroad make acquisitions harder to complete
Automobiles
Honda, Nissan and Mitsubishi join forces to catch Tesla in EV race
Japanese automakers consolidate resources with eye on deep-pocketed players
Companies
Japan's NTT Docomo to enter Vietnam outdoor digital advertising
Mobile carrier hopes to use country as steppingstone for rest of Southeast Asia
Technology
Fanuc upgrades profit forecast on rebound in China orders
Japanese factory robot builder also gets boost from weak yen
Finance
Japan's Sumitomo Mitsui DS to launch first Chinese private fund
Stock-focused trust targets local investors in anticipation of long-term growth