TOKYO -- U.S. investment fund Bain Capital has formed a $10.5 billion (1.65 trillion yen) private equity fund focusing on Asia, its largest Asian fund ever, with plans to allocate half the money to Japan.
Index providers reshape Asian financial markets with exacting standards
SEOUL/HO CHI MINH CITY/JAKARTA -- In April, global index provider FTSE Russell included South Korea in its flagship World Government Bond Index (WGBI). In response, foreign investors poured roughly 15.1 trillion won ($10.1 billion) into South Korean government debt, triggering celebrations in Seoul.
Japan's Shimano targets European cyclists with AI-powered gear shift
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.
Japan to craft cyberdefense guidelines in response to Anthropic's Mythos
TOKYO -- Japan will draw up guidelines on how to bolster cybersecurity in response to the emerge of such powerful AI tool as Anthropic's Claude Mythos model, urging software providers to use those programs to check for vulnerabilities.
Japan to craft cyber defense guidelines in response to Anthropic's Mythos
TOKYO -- Japan will draw up guidelines on how to bolster cybersecurity in response to the emerge of such powerful AI tool as Anthropic's Claude Mythos model, urging software providers to use those programs to check for vulnerabilities.
Japan's Sumitomo Metal, Sojitz look to Southeast Asia for rare earths
TOKYO -- Japanese companies are targeting Southeast Asia in their efforts to build rare-earth supply chains that do not rely on China, with Sumitomo Metal Mining tapping resources from the Philippines and trading house Sojitz developing mines in Vietnam and Malaysia.
Two Malaysian ex-ministers quit ruling party, posing challenge to Anwar
KUALA LUMPUR -- Two former Malaysian ministers said Sunday that they will quit Prime Minister Anwar Ibrahim's ruling party, a move that creates a new political challenger ahead of the country's next general election due by early 2028.
Finland open to Japan deals in dual-use tech: Helsinki mayor
TOKYO -- Helsinki, a hub for defense-related startups, is eager to work more with Japan to help develop "geostrategic autonomy" for their countries, the Finnish capital's mayor said.
Chinese refugees increasingly see Serbia as haven and gateway to EU
BELGRADE/OBRENOVAC, Serbia -- Tagged on the wall of a refugee settlement near Belgrade is a Chinese map of the Balkan Peninsula.
Sara Duterte trial, Takaichi-Lee summit, Samsung unionists go on strike
Welcome to Your Week in Asia.
Following last week's vote by the House of Representatives , the Philippines watches Vice President Sara Duterte face a senate impeachment trial on Monday. All eyes are on the outcome, which could be indicative of the Duterte clan's future in national politics and have a significant bearing on the presidential election in 2028.
In East Asia, the trade union of Samsung Electronics, a South Korean electronics-to-semiconductor manufacturer, will garner attention across the region as it faces