Japan medical startups need more than tech to break into US: VC executive

TOKYO -- Japanese medical startups are well regarded in the U.S. for their technology, but they need to understand the differences between the countries' healthcare systems to succeed, said Masashi Kiyomine, managing partner at U.S. venture capital firm Kicker Ventures.


TikTok gets nod from Thailand for $26bn data center plan

BANGKOK -- The Thailand Board of Investment (BOI) has approved a plan by a local TikTok unit to invest 842 billion baht ($26.2 billion) to expand data center operations in the country, the government agency said Wednesday.


Japan to buy another 20m barrels of UAE oil to bypass Hormuz blockade

TOKYO -- Japan has agreed to buy an additional 20 million barrels of crude oil from the United Arab Emirates, Nikkei learned Wednesday, as Tokyo continues pursuing alternative supply channels amid the effective blockade of the Strait of Hormuz.


India and Vietnam agree on defense, minerals, rare-earth ties

NEW DELHI -- Indian Prime Minister Narendra Modi and Vietnamese President To Lam held wide-ranging discussions on Wednesday over cooperation in sectors such as defense, energy, critical minerals, rare earths and supply chain resilience, as they seek to expand their partnership and increase bilateral trade to $25 billion by 2030.


ASEAN leaders under pressure to address economic fallout of Iran conflict

MANILA/JAKARTA -- The escalating impact of the Iran war on Southeast Asia is expected to dominate this week's ASEAN Summit in the Philippines, as leaders seek to mitigate the effects of the conflict on their economies. The heads of government will also discuss the ongoing crisis in Myanmar and the conclusion of negotiations for a South China Sea code of conduct, according to officials.


India and Vietnam agree on minerals, rare earth, defense ties

NEW DELHI -- Indian Prime Minister Narendra Modi and Vietnamese President To Lam held wide-ranging discussions on Wednesday over cooperation in sectors such as energy, critical minerals, rare earths and supply chain resilience, as they seek to expand their partnership and increase bilateral trade to $25 billion by 2030.


India and Vietnam agree on energy, minerals, rare earth ties

NEW DELHI -- Indian Prime Minister Narendra Modi and Vietnamese President To Lam on Wednesday held wide-ranging discussions on cooperation in sectors such as energy, critical minerals, rare earths and supply chain resilience as they sought to further boost their partnership and raise bilateral trade to $25 billion by 2030.


Singapore needs harsher penalties for money laundering: watchdog

SINGAPORE -- A global money laundering watchdog on Wednesday found room for improvement in Singapore's fight against dirty money flows, and called for higher penalties.


UAE bets big on AI education to move into post-oil future

Generative artificial intelligence has begun to take over human thinking in many ways, presenting challenges to how the intellect is cultivated and used. Despite the collective wisdom of people, divisions and conflict continue around the world, raising the question: What skills and capabilities are needed for human beings to navigate the future? In a series of articles, Nikkei explores how the world is reconstructing the value of intellect. This is part two.


Swiss energy company chief casts doubt on nuclear renaissance

TOKYO -- The chief executive of Swiss energy company Axpo Group has cast doubt on the revival of nuclear energy, even as the Iran War prompts countries around the world to take another look at the technology as a way to reduce fossil fuel imports.