CANBERRA -- The leaders of Australia and Japan on Monday pledged to expand efforts to build resilient supply chains for energy, critical minerals, food and manufactured goods, as concerns grow over China's increasing use of its industrial dominance for political leverage.
Debt-financed stock investment booming as market surges in South Korea
SEOUL -- Debt-financed stock investing is overheating in South Korea. Margin loans to retail investors have doubled in April from a year earlier to over 30 trillion won ($20 billion), as surging home prices and pension worries push individuals toward riskier bets. The government now faces the task of protecting retail investors.
ASEAN states shift oil imports toward Brunei, Libya and US
SINGAPORE -- Southeast Asian countries are shifting their oil imports from the Gulf to alternative suppliers, tapping Brunei, Libya, the U.S. and others to keep their economies running, official trade statistics and shipping data show.
Tokyo's reliability draws global startups in volatile world, governor says
TOKYO -- Tokyo's reputation for trust and reliability is becoming a key advantage in attracting global startups, as companies search for stability in the face of an increasingly turbulent geopolitical environment, the Japanese capital's governor told Nikkei Asia.
In Vietnam's AI hiring race, cash isn't everything
HANOI -- Smaller Vietnamese companies are fighting to attract AI talent in a fiercely competitive market dominated by cash-rich conglomerates.
Japan inbound tourism slowdown isn't stopping outlet malls
TOKYO -- Outlet malls are thriving in Japan by drawing more domestic shoppers to make up for a drop in Chinese tourists and uncertain prospects for inbound travel this year.
Tokyo office rents hit 31-year high as companies move upmarket for talent
TOKYO -- A gauge of the cost of Tokyo office space has climbed to the highest level in 31 years, driven by companies relocating to better digs to help them compete for workers, Nikkei research shows.
Hong Kong's new listing pipeline undeterred by Iran war volatility
HONG KONG --The Hong Kong Stock Exchange is riding a listing boom driven by AI and tech companies, even as IPO bankers elsewhere struggle with choppy markets and geopolitical uncertainty over Iran.
Yuan payments soar as currency of last resort for Iran, Russia
BEIJING -- Use of the yuan to pay for crude oil and other goods and services has soared, with Iran and Russia turning to China's currency to sustain dollar-free trade.
Japan to sign quantum tech agreement with India, eyeing computer exports
TOKYO -- Officials from Japan and India are set to sign an agreement Monday meant to spur development of quantum computing technology by increasing interactions between researchers and companies from both countries.