TOKYO -- Idemitsu Kosan, one of Japan's largest petroleum companies, expects the Hormuz crisis to begin subsiding in July, with oil prices to fall to pre-crisis levels early next year.

TOKYO -- Sweden-based private equity firm EQT is set to acquire Japan's Kakaku.com, operator of the popular Tabelog restaurant review and booking site, for about 590 billion yen ($3.75 billion), Nikkei learned on Tuesday.

TOKYO -- Sweden-based private equity firm EQT is set to acquire Japan's Kakaku.com, operator of the popular Tabelog restaurant review and booking site, for about 590 billion yen ($3.75 billion), Nikkei learned on Tuesday.

TOKYO -- Mitsubishi Heavy Industries expects full-year net profit to surge as it benefits from the Japanese government's decision to ease restrictions on defense equipment exports.

TOKYO -- Chinese rare-earth miners are coming off strong years and staying bullish ahead of President Xi Jinping's summit this week with American counterpart Donald Trump, where the critical minerals are likely to feature in discussions.

TOKYO -- Inflation worries stemming from the ongoing conflict in the Middle East have sent government bond yields higher in Asia, with Japan's 10-year debt yield soaring to its highest point in nearly three decades. Interest rates are also facing upward pressure in South Korea as the Iran war drags on.

SEOUL -- A high-ranking South Korea policymaker suggested Tuesday that members of the public should be paid a share of chipmakers' massive profits, in comments that reflect the growing reliance of Asia's fourth-largest economy on semiconductor exports.

SHANGHAI -- When U.S. President Donald Trump talks trade with Chinese counterpart Xi Jinping this week, he is likely to find that tariff threats provide less leverage than they used to, not only due to lost legal battles but also because Chinese companies have spent years diversifying global supply chains.

KUALA LUMPUR/TAIPEI -- Shortages of helium tanks and niche industrial solvents are pushing up prices and threating to disrupt production in the tech supply chain as the Iran war and broader geopolitical uncertainties strain logistics networks beyond initial expectations, Nikkei Asia has learned.