HO CHI MINH CITY/BENGALURU -- A Vietnamese taxi operator using electric vehicles from VinFast debuted in India on Friday, expanding beyond Southeast Asia into what could become its largest market yet.
South Korea leads Asia stocks rout on US rate fears, Mideast tensions
TOKYO/SEOUL -- South Korean, Japanese and Taiwanese stocks fell sharply on Monday morning, led by tech stocks, as market expectations grow for a U.S. interest rate hike, while tensions flare up in the Middle East.
Xi arrives in North Korea to meet Kim amid scrutiny of nuclear buildup
TOKYO/SEOUL -- Chinese President Xi Jinping arrived in Pyongyang on Monday for talks with North Korean leader Kim Jong Un, as the neighbors tighten their ties against a backdrop of global tensions.
One dead, damage reported after 7.8-magnitude quake hits south Philippines
MANILA -- At least one person was killed and buildings collapsed after a 7.8-magnitude earthquake struck off the southern coast of the Philippine island of Mindanao on Monday morning, according to a police officer in the nearest big city to the epicenter.
"One person was killed and lots of buildings around the city, including a school and some houses, collapsed," General Santos Master Sergeant Robert Dagon told Nikkei Asia, describing the impact of the disaster that struck at 7:41 a.m. local
UK defends China engagement, seeks to unblock India trade deal
LONDON -- U.K. Foreign Secretary Yvette Cooper defended engagement with China during a three-day trip in Asia last week that included a stop in New Delhi, where she sought to keep Britain's landmark trade deal with India on track.
China's new beef barriers to redirect meat trade as Australia nears quota
CANBERRA/SHANGHAI -- Beef exporters are redirecting shipments as policies in China, the world's largest importer, reshape global trade flows.
South Korea and Japan stocks plunge on US rate hike fears, Mideast tensions
TOKYO -- South Korean and Japanese stocks fell sharply on Monday morning, led by tech stocks, as market expectations grow for a U.S. interest rate hike, while tensions flare up in the Middle East.
Tin demand for AI servers to triple by 2030, analyst says
JAKARTA -- Artificial intelligence will drive demand for tin used in data center servers to three times the current levels over the next five years, an analyst said, highlighting the growing importance of the critical metal mined in Indonesia and other Asian countries.
Thailand's private sector must lead the post-Hormuz recovery
Aris Dacanay is senior ASEAN economist at HSBC.
Asset managers, trust banks step up scrutiny at Japan shareholder meetings
TOKYO -- Asset managers and trust banks are imposing stricter standards for evaluating company resolutions at annual shareholder meetings in Japan, calling for higher return on equity and lower strategic shareholdings.