HANGZHOU, China -- Chinese AI smart glasses maker Rokid received an investment from an affiliate of Japanese carmaker Toyota, its top executive said, as it looks to boost its footprint in the country.

SEOUL -- South Korean stocks fell as much as 6.9% on Friday at one point, as shares of the market's two leading companies -- Samsung Electronics and SK Hynix -- dropped sharply, hit by U.S. chipmaker Broadcom's $285 billion wipeout in market value overnight.

TOKYO -- U.S. artificial intelligence startup TinyFish is expanding into Japan with an AI agent that can gather and analyze live information from the internet, aiming to address a key limitation of today's foundation models that rely largely on historical data.

BENGALURU -- Tata Motors' decision to tap electric vehicle tech from China's Chery, revealed this week, has highlighted how Indian carmakers are increasingly leaning on proven technologies from China to power their electric cars -- a strategy that could help accelerate launches, but carries risks given a history of frosty bilateral relations.

TOKYO/SEOUL -- Chinese state broadcaster CCTV announced on Friday that President Xi Jinping will visit Pyongyang for two days, starting June 8, at the invitation of North Korean leader Kim Jong Un, as the countries mark the 65th anniversary of a bilateral treaty.

MUMBAI -- The Reserve Bank of India on Friday held its key policy rate at a four-year low of 5.25%, opting to wait for further data on the effects of the energy crisis roiling major oil importers like India, even as the rupee languishes near record lows.

HONG KONG -- Tencent has quietly granted certain smartphone makers access to its ubiquitous app WeChat as the Chinese tech giant pushes deeper into the AI phone space, a sector that has drawn concern and pushback from financial institutions.

TOKYO -- Few businesses are as closely associated with dual-use technology as Palantir Technologies. The American company that crunched vast amounts of data to help the U.S. military select targets for its attack on Iran has also left its mark in Japan.

CANNES, France -- Japanese directors led a strong contingent of Asian films at this year's 79th edition of the Cannes Film Festival. Beyond the screenings, though, Asian experts pointed to challenging problems for the Asian film industry ahead, as producers seek to widen distribution rights amid slow growth in cinema admissions in many countries.

MANILA -- Philippine inflation registered an elevated 6.8% in May, easing slightly as fuel prices cooled, though the slowdown is unlikely to deter a widely expected rate hike later this month.