TOKYO -- Indonesian President Prabowo Subianto's "sudden" policy changes are sparking widespread "confusion" in the private sector and the government needs to improve its communication to address executives' concerns, the head of an Indonesian business lobby group has warned.
Few months, even a year: Energy prices to remain elevated on US-Iran deal
TOKYO -- Commodity prices are expected to remain higher than they were in February, before the U.S. and Israel attacked Iran, even after the latest U.S.-Iran agreement to end the war, as it will take months for risk premiums to retreat and give breathing space to Asia's commodity-importing economies.
From watches to sake, Japanese retailers try new tourist traps
TOKYO -- On the opening day in May for a luxury store in Tokyo's Ginza high-end shopping district, Victoria Aponte from Puerto Rico was gazing at a display of expensive watches, in search of a Rolex.
US attack drone maker taps into Taiwan controller demand
TAIPEI -- U.S. defense technology company AeroVironment's top executive vowed to support Taiwan's ambitions to create an aerial shield known as T-Dome, as the company inked a partnership to tap into software opportunities in the Taiwanese drone industry.
Mizuho Bank to back Japan-South Korea firms' energy procurement projects
TOKYO -- One of Japan's three megabanks says it is building a comprehensive framework to help Japanese and South Korean companies forge business ties and secure financing amid rising geopolitical risks.
Alibaba weighs acquiring Pupu in quick-commerce battle with Meituan
HONG KONG -- Chinese e-commerce leader Alibaba Group is weighing an acquisition of Fujian-based on-demand fresh grocery delivery platform Pupu, a move that could bolster its competitiveness against food delivery giant Meituan in China's fast-growing quick-commerce market, people familiar with the matter told Nikkei Asia.
Japan and South Korea stocks leap on latest US-Iran deal
TOKYO -- Stock markets in Japan and South Korea jumped on Monday morning as investors welcomed the pending peace deal between Washington and Tehran to end the monthslong war.
Data and AI-driven analysis 'the new oil' in mining, Deloitte adviser says
SYDNEY -- Data is becoming an increasingly crucial asset for firms involved in resource exploration, as artificial intelligence makes it possible to quickly analyze large amounts of information.
Myanmar's Min Aung Hlaing to visit China for diplomatic boost
BANGKOK -- Barely two weeks after visiting India , his first foreign trip since becoming Myanmar president, Min Aung Hlaing on Monday embarks on his second overseas tour, to the more strategically important China.
3 Japanese shipbuilders to revive domestic production of LNG carriers
TOKYO -- Three Japanese shipbuilders will jointly resume domestic construction of liquefied natural gas carriers around 2035, aiming to build three to five vessels a year with the possible help of South Korean technologies, Nikkei has learned.