Food delivery service Yogiyo operates in South Korea's fiercely competitive market. 
Companies

South Korea delivery company Yogiyo to offer buyouts, media say

Competition in sector has grown in recent months as top players cut prices

29 August 2024
Migrant workers from Myanmar employed at a babywear and accessories factory in Samut Sakhon province, Thailand, shop at a nearby street market. (Photograph by Htet Phyoe)
Myanmar Crisis

Myanmar reins in employment agencies to harvest remittances

Regime wants overseas workers to send more money via official channels

29 August 2024
In July, the Tokyo Metropolitan Government held its first overseas seminar in Jakarta to attract young Indonesians to Japan's caregiver sector. (Photo courtesy of Tokyo Metropolitan Government)
Japan immigration

Indonesia reemerges as key labor pool for Japan as Vietnamese migration slumps

Tokyo seeks caregivers from ASEAN nations with large, young populations

29 August 2024
For the three months ended July, Nvidia reported a record revenue of $30 billion, up 122% on the year.
Semiconductors

Nvidia's plunge despite big earnings ripples through Asian tech stocks

Chinese market will remain tough due to U.S. export controls, chip designer warns

29 August 2024
Customers look at the Australian release of the latest iPhone and Apple Watch models at the Apple Store on September 22, 2023 in Sydney, Australia. 
Technology

Apple orders over 10% more iPhones than last year on AI bet

Company preparing for Sept. 9 launch of first phones with Apple Intelligence

29 August 2024
India lowered import tariffs on gold and other metals from 15% to 6% in July.
Commodities

Gold buying soars on India tax reforms as prices near record high

Central banks in emerging markets also increase purchases on geopolitical concerns

29 August 2024
India's only functional nuclear reactor on the banks of the River Ganga, function safely according to the Nuclear Power Corporation of India Limited (NPCIL). 
Opinion

It's time for India to unleash private investment in nuclear energy

New Delhi must break bureaucratic silos to allow sector to flourish

29 August 2024
Japanese Foreign Minister Yoko Kamikawa, with microphone, speaks with Okinawan business officials in June. (Photo by Shimpei Kawakami)
Taiwan tensions

Taiwan tensions spur Okinawa businesses to make contingency plans

Execs send proposals to local government as security becomes higher priority

29 August 2024
Deng Xiaoping and Xi Jinping. A Xinhua commentary in July appeared intended to muddy the waters as to who should be credited with the reforms that helped China build the world's second largest economy. (Nikkei montage/Source photos by Yusuke Hinata and Getty Images)
China up close

Analysis: Elders stay faithful to Deng over 'reformer Xi Jinping'

Summer rebellion forces Xinhua to delete a commentary that rewrote party history

29 August 2024
Floods across the country have inundated villages.
Natural disasters

Thailand flooding poses early test for PM Paetongtarn Shinawatra

Mistakes of past administrations could inform handling of disaster

29 August 2024
China holds a wide lead in research on advanced aircraft engines, among other areas, according to the Australian Strategic Policy Institute's Critical Technology Tracker.
Technology

China now global leader in 90% of critical tech research: think tank

AUKUS encouraged to join forces with Japan and South Korea to close gap

29 August 2024
Japanese companies are slashing cross-shareholdings with key clients and group affiliates. (Photo by Konosuke Urata)
Companies

Japan Inc. sells record $25bn in cross-held shares, led by Toyota

Governance trend reduces buffer against takeover bids and activist investors

29 August 2024
Shin-Etsu subsidiary Shintech is boosting PVC production by 10% at this plant in the U.S. state of Louisiana. (Shin-Etsu Chemical)
Materials

Shin-Etsu beats Apple's operating margin with commodity-grade PVC

Japan chemical maker's drive to keep operation efficient honed over decades

29 August 2024
This government building in Chengdu has turned off escalators to conserve power. (Qingyang District Government)
Climate Change

Extreme heat in China triggers power warnings, factory stoppages

Shopping centers and supermarkets turn off air conditioning during peak hours

29 August 2024
White House national security adviser Jake Sullivan and Chinese Foreign Minister Wang Yi speak before private talks at Yanqi Lake in Beijing on Aug. 27.
US-China tensions

China and U.S. discuss plans for 'leader-level call' in coming weeks

Wang Yi and Jake Sullivan hammer each side's positions on Taiwan, South China Sea

28 August 2024
SUVs account for 99% of Mahindra's passenger vehicle sales.
Interview

India's Mahindra plans $1.4bn EV buildup, CEO says, as it chases Tata

EVs to make up 20% to 30% of Mahindra's sales volume, Anish Shah says

28 August 2024
Japan's Daiso Industries opened its first store in India in 2022 in the northern city of Chandigarh. (Daiso Industries)
Consumer

Japan's Daiso aims for 200 stores in India and more local sourcing

Hundred-yen store operator expects to have 50 Indian outlets by early 2027

28 August 2024
Merger of Reliance Industries and Disney's Indian unit will create India's biggest entertainment player.
Business deals

Disney and Reliance win approval for $8.5bn India merger

Reliance-Disney merger will challenge giants like Sony, Netflix and Amazon

28 August 2024
IHG Hotels & Resorts operates 20 Crowne Plaza franchises in Japan together with ANA Holdings. (Photo by Hajime Tsukada)
Travel & Leisure

IHG adds three Crowne Plaza hotels in Japan in bid to reach smaller cities

U.K. hospitality chain partners with local hotel group to cash in on tourism boom

28 August 2024
Pacific Islands Forum leaders pose in Nuku'alofa, Tonga, on Aug. 28. (Photo by Shaun Turton)
International relations

Pacific leaders back Australia-funded regional policing plan

Initiative follows Beijing's efforts to boost its security presence in region

28 August 2024
NagaWorld in Phnom Penh. The NagaCorp casino group is saddled with a Vladivostok project that was put on ice due to the Ukraine war. (Photo by Masayori Ishikawa)
Media & Entertainment

Cambodia's NagaCorp 'open' to sale of stalled Russia casino

Chairman weighs all options as Vladivostok impairment charge tips group into red

28 August 2024
Japanese ruling Liberal Democratic Party lawmaker Toshihiro Nikai, left, shakes hands with Zhao Leji, chairman of the Standing Committee of the National People's Congress, in Beijing on Aug. 28.
International relations

Japanese politician gets 'positive' Chinese response on visa-waiver issue

Delegation led by ruling LDP heavyweight looks to smooth short-term travel

28 August 2024
The Adani Group is expanding investments in airports and energy businesses. (Nikkei montage/Photos from Reuters)
Adani Group

Indian billionaire Adani and family to further sell group shares

Adani Group's total market valuation recovers from Hindenburg row

28 August 2024
Sethaput Suthiwartnarueput's term as head of Thailand's central bank will end in September 2025 when he reaches the mandatory retirement age of 60.
Economy

Thai central bank chief fights to balance growth, consumer debt

Bank of Thailand governor's term set to end as 'Thaksinomics' returns

28 August 2024
Members of China's rhythmic gymnastics team wear Anta gear as they display their gold medals at the Paris Olympics.
Retail

Sports brands in China turn in uneven performance despite Olympic year

From Anta and Li Ning to Nike, gold medals not enough to ease consumption worries

28 August 2024