Capsule toys capture overseas visitors in Japan's latest cultural craze

TOKYO -- Insert a coin into a vending machine slot, turn the handle clockwise, and a small toy in a translucent capsule pops out at random. It's a shopping habit that increasing numbers of foreign visitors to Japan are enjoying as capsule toys catch on.


Video game engines find new homes in construction and retail

TOKYO -- Software used to create 3D graphics for video games has gained an extra life with long-established companies in the construction and retail industries looking to innovate.


Indonesia's 5.61% Q1 growth hides weak fundamentals, economists warn

JAKARTA -- Indonesia's economy posted its fastest growth in almost three years in the first quarter of this year, despite mounting internal and external pressures, but economists cast doubt on the durability of the expansion.


Japan's startup ambitions collide with harassment concerns

TOKYO -- About 32% of entrepreneurs at Japanese startups have experienced some form of harassment, with women far more likely than men to report sexual harassment, according to a recent academic survey.


Moody's readies stablecoin ratings as Asian market takes shape

TOKYO -- Moody's Ratings is preparing to issue credit evaluations for stablecoins using its own methodology, aiming to meet rising investor demand as digital assets gain traction in Asia and beyond.


CK Hutchison to sell VodafoneThree stake for $5.8bn

HONG KONG -- A unit of the CK Hutchison group said Tuesday it will sell its entire stake in U.K. phone operator VodafoneThree for 4.3 billion pounds ($5.8 billion) as the Hong Kong conglomerate builds its cash reserves.


Indonesia posts 5.61% GDP growth in first quarter, buoyed by Eid spending

JAKARTA -- Indonesia on Tuesday reported 5.61% year-on-year economic growth for the January-March quarter as government subsidies supported spending during the Islamic fasting month of Ramadan and the Eid al-Fitr holiday.


India-Russia pact allows troops and warships on each other's soil

NEW DELHI -- India and Russia have taken their defense ties to a new high in the form of a new pact under which they can share military bases, ports and airfields, and station up to 3,000 troops in each other's territory.


Grab to accelerate EV rollout as fuel prices rise

SINGAPORE -- Ride-hailing and food delivery group Grab has said it will accelerate the introduction of electric vehicles as higher fuel prices, driven by the Middle East crisis, increase cost pressures on its platform. The announcement came as it reported a 24% annualized rise in revenue for the January to March quarter, underscoring continued growth across its core businesses.


Nvidia's Jensen Huang says China should not have its most advanced chips

LOS ANGELES -- Nvidia CEO Jensen Huang said China should not have the company's most advanced chips but urged Washington to allow U.S. semiconductor companies to continue competing in global markets, including China.