TOKYO -- The government-backed Development Bank of Japan aims to provide 3 trillion yen ($18.9 billion) in risk capital to businesses over the next five years, while taking a longer view to meet funding needs for supply chain shifts and industry consolidation.

TOKYO -- The Strait of Hormuz disruption resulting from the Iran war has hit Asia the hardest, forcing affected countries to rethink energy strategy and revisit coal as an immediate solution, as climate change targets remain out of reach.

RANAI, Indonesia -- Japan is helping build up Indonesia's fishing industry in the South China Sea in a bid to strengthen the local economy and the Southeast Asian nation's ability to monitor maritime activity.

OSAKA -- Panasonic Holdings has acquired a U.K. startup specializing in projector technology, the Japanese tech group said Tuesday, hoping to revitalize its projector arm amid an overall restructuring of troubled businesses.

MOUNTAIN VIEW, California -- Google unveiled its latest Gemini AI model, which it says not only outperforms previous versions but is also more cost-effective, as companies come under increasing pressure to justify the staggering cost of AI compute.

TOKYO -- The Japanese government will soon issue guidelines that encourage startups to seek purchasers as a meaningful alternative to initial public offerings.

NEW YORK -- The yield on the 30-year U.S. Treasury bond rose to the highest level in nearly two decades as investor concerns over prolonged inflation and fiscal deterioration lead to a bond sell-off.

TOKYO -- TDK plans to acquire Linergy Power, a Malaysian startup that makes midsize batteries, to boost capacity as demand grows for storage cells to power artificial intelligence, the leading Japanese electronic component maker announced Tuesday.