MACAU/HONG KONG -- Chinese service robot maker Pubu Robotics is planning a public listing in Hong Kong as geopolitical tensions add to its supply chain costs, the company's chief told Nikkei Asia in an interview.
Australia and Solomon Islands agree to boost ties with strategic treaty
SYDNEY -- Australia and the Solomon Islands will elevate their relationship through a new comprehensive strategic treaty after a long period of diplomatic tension, as Canberra looks to cement its role as the security partner of choice for countries in the Pacific islands region where China has been making diplomatic inroads.
H&M-backed Syre's Vietnam plant offers recycling alternative to China
HO CHI MINH CITY -- H&M-backed startup Syre said its planned $750 million factory in Vietnam will get its first "shovel in the ground" in 2027 to offer a recycling alternative to China for clients from Nike to Target.
Kioxia briefly overtakes Toyota, rises to No. 2 in Japan by market cap
TOKYO -- Japanese flash memory maker Kioxia briefly overtook Toyota Motor by market capitalization on Wednesday, rising to second place among listed companies, underscoring a shift in Japan's industrial leadership as artificial intelligence drives a broad technological transformation.
Yen touches 160 against dollar, erasing intervention gains
TOKYO -- The yen weakened against the dollar on Wednesday, temporarily falling below the 160 yen mark for the first time since April 30, when the Japanese government and the Bank of Japan intervened to prop up the currency.
Hitachi, Ricoh to build low-cost modular EV battery plants
TOKYO -- Japanese suppliers of battery-manufacturing equipment are joining forces to offer a cost-effective manufacturing model for battery makers, shipping devices in container modules for easy installation at customers' factories.
SK Hynix ascends as new memory king with high-bandwidth AI chips
SEOUL -- South Korean chipmaker SK Hynix's focus on high-bandwidth memory in a bid to escape the ups and downs of the commodity semiconductor market has paid off big in the AI era, with a close relationship with Nvidia and a shockingly high profit margin.
Asia is now buying America and nobody is talking about it
Chris Chen is the founder of Future 500, a Singapore-based startup accelerator.
Tokyo to lift EV subsidy up to $8,100, with Toyota and Tesla set to benefit
TOKYO -- The Tokyo Metropolitan Government will increase purchase subsidies for electric vehicles to up to 1.3 million yen ($8,130), part of an effort to encourage more Japanese consumers to buy the environmentally friendly autos.
Japan's banks, insurers speed up sales of strategic shareholdings
TOKYO -- Japanese financial institutions are accelerating the sale of their strategic shareholdings and reaping huge profits thanks to the country's soaring stock prices, with market players looking to how these banks and insurance companies will use the funds.