TOKYO -- With inflation showing no sign of cooling, there is "certainly a possibility" that the U.S. Federal Reserve's next policy move will be a rate hike, Austan Goolsbee, president of the Federal Reserve Bank of Chicago, told Nikkei.
China, Taiwan electronic component makers eat away at Japan's global share
TOKYO -- Japanese electronic component manufacturers' global market share has fallen by more than 10 percentage points over the past 20 years amid the rise of Chinese and Taiwanese players, with Murata Manufacturing and others now looking to fight those rivals on their own turf.
Vietnam's To Lam stresses balance at Shangri-La amid rising pressure
SINGAPORE -- Vietnamese President and Communist Party chief To Lam outlined Hanoi's approach to rising geopolitical tensions during a keynote address on Friday at the annual Shangri-La Dialogue, Asia's premier defense gathering.
Investor skepticism looms over China Vanke's state-led turnaround
SHENZHEN -- Embattled property developer China Vanke obtained shareholder approval on Friday for a new share issuance and loan arrangements, but some investors expressed skepticism over the chances of a successful state-led turnaround.
Vietnam's To Lam stresses strategic balance at Shangri-La Dialogue
SINGAPORE -- Vietnamese President and Communist Party chief To Lam outlined Hanoi's approach to rising geopolitical tensions during a keynote address on Friday at the annual Shangri-La Dialogue, Asia's premier defense gathering.
Shareholders in Thailand's CP All reject group-led restructuring
BANGKOK -- Shareholders in Thailand's CP All, a retail unit of Charoen Pokphand Group, on Friday rejected a restructuring plan pushed by the group, thus blocking the separation of its core finance units.
Japan on tenterhooks over naphtha, even as US supply ramps up
TOKYO -- Japanese Prime Minister Sanae Takaichi has struggled to ease concerns over the supply of naphtha, a key petrochemical input for plastics, since U.S.-Israeli strikes on Iran on Feb. 28, even as she has moved to boost supplies from outside the Middle East.
Japan confirms record $73bn yen-buying intervention in April-May
TOKYO -- Japanese authorities spent a record 11.7 trillion yen ($73bn) to support their currency between April 28 and May 27, Ministry of Finance data showed Friday, marking the largest amount in a single intervention round.
Mitsubishi Motors to revive Pajero SUV with production set for Thailand
TOKYO -- Mitsubishi Motors said on Friday that it will revive production of its former flagship Pajero SUV due to customer demand, with plans to manufacture the vehicle in Thailand.
Min Aung Hlaing’s India visit set to benefit both sides
BANGKOK/NEW DELHI –- When Min Aung Hlaing arrives in India on Saturday for his first foreign visit after switching roles from the leader of Myanmar’s military regime to the nation's president, he will offer New Delhi a platform to consolidate bilateral ties with the Southeast Asian nation that is also in the crosshairs of geopolitical rival China, say diplomats and analysts.