Japan's Fujikura to bring US fiber-optic cable plant online by 2030: CEO

TOKYO -- Japanese cable maker Fujikura plans to begin production of fiber-optic cables at a new American factory by the end of the decade, CEO Naoki Okada said.


EV sales set records in 37 countries as consumers flee high gas prices

TOKYO -- Electric vehicle sales in 37 countries reached record monthly highs in either March or April, as soaring fuel prices due to the war in the Middle East push consumers toward cars with lower ownership costs.


BlackRock poised to buy 15% stake in Japanese taxi-hailing app Go

TOKYO -- BlackRock is set to acquire a stake in Japanese taxi app company Go as global institutional investors grab a chunk of its initial public offering.


Modi and Min Aung Hlaing agree to foster mineral, rare earth ties

NEW DELHI -- On his first foreign trip as Myanmar's president, Min Aung Hlaing met Indian Prime Minister Narendra Modi in New Delhi on Monday and the two leaders agreed to cooperate on critical minerals and rare earths.


Japan, US to invest $1bn in 'Genesis Mission' AI project

TOKYO -- Japan and the U.S. will jointly invest $1 billion over the next five years in such fields as artificial intelligence as part of the Trump administration's Genesis Mission.


Modi hosts Min Aung Hlaing, agree to foster mineral, rare earths ties

NEW DELHI -- On his first foreign trip as Myanmar's president, Min Aung Hlaing met Indian Prime Minister Narendra Modi in New Delhi on Monday and the two leaders agreed to cooperate on critical minerals and rare earths.


Hanwha Aerospace factory explosion kills 5 in central South Korea

SEOUL -- Five people died on Monday in an explosion at a factory operated by defense manufacturer Hanwha Aerospace, local officials said.


Chinese companies receive up to 8 times more subsidies than OECD peers

TOKYO -- A database launched by the Organisation for Economic Co-operation and Development shows that Chinese companies in selected sectors received up to eight times more government subsidies than their peers in OECD countries over the two decades to 2024, underscoring how Beijing has tipped the industrial scales.


American IP probe against Vietnam seen as much about trade deficit as fakes

HO CHI MINH CITY -- When the U.S. announced late on Friday that it was kicking off an investigation into Vietnam's intellectual property protection and enforcement, Trade Representative Jamieson Greer said the administration wanted to see "responsive action" that is "sustained and that deters future IP infringements."


Philippines and Vietnam upgrade ties to 'enhanced strategic partnership'

MANILA -- The Philippines and Vietnam have elevated bilateral relations to an "enhanced strategic partnership" in a bid to boost security and economic cooperation, it was announced on Monday during a state visit by Vietnamese President To Lam to Manila.