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August 3rd, 2023

Inside Apple’s India dream

Plagued by uncertainty in China, the tech giant bets on a new production hub

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The Big Story

Inside Apple's India dream

Tech giant aims to move at least 20% of iPhone production to India as it accelerates away from China

Washington-Beijing tensions and COVID-induced uncertainty are driving Apple out of China and into India, where it hopes to move a significant chunk of its iPhone supply chain. 
Venture capitalists have shifted focus to nurturing promising businesses rather than chasing opportunities for quick returns.
Datawatch

Unicorns see their green pastures dry up around the world

Number of new billion-dollar startups down 80% from 2021 peak

Malaysia should seek to attract Japanese retirees with engineering or technical expertise as many played key roles in their country's postwar economic miracle.
Opinion

Japanese retirees can boost Malaysia's industrial advance

Build Look East 2.0 on country's 'soft' advantages over Southeast Asian rivals

Chinese President Xi Jinping meets Donald Trump in 2019: Trump's administration sought to make life difficult for Beijing but rarely caused real economic pain.
Opinion

Xi Jinping is cheering for Trump to win

Biden's targeted policies are holding back China's economic rebound

Qin Gang is seen at the Egyptian Foreign Ministry in Cairo in January. He was removed as China's foreign minister on July 25.
The Nikkei View

China owes world explanation for abrupt removal of foreign minister

Opaque politics only hinder chances to gain international trust

After 10 years of hit-and-miss efforts to leverage its brand, the "Super Mario Bros. Movie" ups the ante in Nintendo's bet it can turn Mario into a rival to Mickey Mouse. (Source photos by Ken Kobayashi and Kyodo)
Business Spotlight

Nintendo's Mario mission: grab IP limelight as Switch sales dim

Small nongames business gains traction, with blockbuster movie to boost earnings

Hyundai's new SUV is displayed at Auto Shanghai in April. The South Korean automaker is struggling in the Chinese market. (Photo by Tomoko Wakasugi)
Automobiles

Hyundai Motor posts record profit despite slumping China sales

Flush with cash, automaker to expand in North America, Southeast Asia and India

GIC's Chief Investment Officer Jeffrey Jaensubhakij noted the U.S.-China rivalry has extended beyond trade and technologies issues to capital flows, prompting businesses and investors to rethink their strategy. (Photo courtesy of GIC)
Finance

Singapore's GIC eyes India, Indonesia, Vietnam amid China pivot

Sovereign fund expects 'some time' before deals return in second-largest economy

Japan's debt-to-gross-domestic-product ratio is around 260% -- by far the highest among developed economies, exceeding the 204% seen during World War II in 1944.
Asia Insight

Japan's growing debt mountain: Crisis, what crisis?

Why the world's No. 3 economy stays afloat despite towering debt-GDP ratio

Ships sailing in the Kashi River in Ili Kazakh Autonomous Prefecture, Xinjiang, China.
Asia's Age of Hydropolitics

China dams make 'upstream superpower' presence felt in Asia

Enormous water diversion projects spark concern across region

Indonesian President Joko Widodo, right, appears with Defense Minister Prabowo Subianto on a sign for Subianto's Gerindra Party. (Photo by Bobby Nugroho)
Politics

Jokowi keeps successor options open, even former rival

Indonesia's outgoing president courted by Subianto ahead of registration deadline

Called the "god of sake brewing" by his fans, Naohiko Noguchi says he wants to keep making sake until his last day on Earth. 
Life

Sake 'god' Naohiko Noguchi, 90, is giving up on retirement

Master brewer strives to build global brand, based on 70 years' experience

A dizzying -- and inedible -- display of grilled sweet fish, fruit and champagne on ice at a store in Tokyo's Kappabashi district. (All photos by Stephen Mansfield)
Tea Leaves

Japan gives us faux food for real thought

Tokyo's Kappabashi district elevates plastic models to level of artwork