TOKYO -- Japan's Daiwa Securities Group plans to invest 100 billion yen ($630 million) in battery storage facilities through 2030 to capture growing electricity demand from the tech sector, Nikkei has learned.

HAMBURG, Germany -- Family-owned Mayer & Cie is not only a giant in the German textile industry -- over 80,000 of the circular sewing machines it has manufactured are used throughout the world to make clothes for global brands like H&M, Uniqlo and Decathlon.

MANILA -- Philippine President Ferdinand Marcos Jr. said Monday that he has ordered government agencies to reduce expenses by at least 10%, or $4.8 billion, as he issued his starkest warning yet about the deepening impact of the Iran war on the domestic economy.

TOKYO -- Nikkei announced on May 18 a proposed overhaul of the rules governing its Nikkei 225 index, aiming to better reflect changes in industrial structure.

SAKAI, Japan -- Bicycle component maker Shimano's automatic gear shifting system Q'Auto is being picked up by a growing number of manufacturers in Europe, the world's largest bike market.

TOKYO -- Hengyi Petrochemical, one of China's biggest private players in the sector, is building what it says will be the world's largest plant to produce a key chemical product from coal, instead of crude oil, as Middle East tensions cloud the oil supply outlook.

TOKYO -- The Japanese government has begun deliberating whether it should compile a supplementary budget for the current fiscal year, through next March, as the Middle East conflict disrupts trade and exacerbates the cost-of-living crisis.

HONG KONG -- China's retail sales growth slowed to 0.2% on the year in April, missing forecasts and signaling that policymakers have yet to find a solution to revive sluggish consumer confidence in the world's second-largest economy.

BANGKOK -- Thailand's economic growth accelerated in the first quarter of 2026, driven by robust exports, official data showed on Monday, bucking a regional slowdown among Southeast Asian peers.

TAIPEI -- China's top memory chipmaker ChangXin Memory Technologies (CXMT) said net profit skyrocketed over 1,688% in the January-March period from the same quarter the year before as revenue surged more than 719%, fueled by the global artificial intelligence boom.