Hitachi lands deal for Mexican railway signaling system

TOKYO -- Hitachi has received a 168 million euro ($195 million) order from the government of Mexico for a passenger railway signaling and telecommunications system in the country's northeast.


China deepens crackdown on cross-border brokers, vows cleanup in 2 years

HONG KONG -- China's securities regulator on Friday vowed to root out illegal cross-border investments, pledging to eradicate unapproved overseas brokerage operations in the country within two years.


Worker confidence hits record low as AI threatens jobs, global report finds

TOKYO -- Workers are losing confidence due to fears their roles will be replaced by artificial intelligence, according to a report published Friday.


Indonesian commodity exporters flag myriad hurdles in state monopoly push

JAKARTA -- Indonesia's move to monopolize exports of coal, palm oil and some forms of nickel under a new state enterprise has sent shockwaves through relevant industries, with producers and analysts warning of potential contract terminations and litigation.


China deepens crackdown on cross-border brokerages

HONG KONG -- China's securities regulator on Friday vowed to root out illegal cross-border investments, pledging to eradicate unapprovedĀ overseas brokerage operations in the country within two years.


Iran, Israel and Arab nations are bound by a new 'balance of terror'

Vali Kaleji is a senior research fellow with the Institute for Iran-Eurasia Studies in Tehran.


Editor's Choice: Nvidia and Asia's three chip giants cash in on AI gold rush

Hello from Tokyo. Nvidia, the U.S. chip behemoth that has been the biggest beneficiary of the AI boom, has once again reported record-breaking quarterly earnings . Its net profit tripled year-on-year, reaching nearly twice the level of key customers such as Microsoft and Amazon. During California's 19th-century gold rush, those who made the most reliable profits were the producers of picks and shovels. The same dynamic is playing out in the 21st-century AI boom


Japanese stocks hit record high on hopes for Iran resolution

TOKYO -- Japanese stocks closed at their highest point ever on Friday as the tech rally continues amid rising hopes for the U.S. and Iran to reach a peace deal.


Japan and Philippines to start talks on intelligence-sharing pact

TOKYO -- Japan and the Philippines will begin formal negotiations to conclude an information security agreement that would allow the exchange of classified security data, Nikkei has learned.


From BYD to Xpeng, memory chip crunch squeezes China's automakers

HONG KONG -- The global memory chip crunch has spilled over from PCs and smartphones to China's car industry, squeezing auto groups already plagued by a prolonged price war and razor-thin margins.