TOKYO -- Roughly 110 Japanese corporations and organizations, including Mitsui Sumitomo Insurance and railway operator Hankyu, will enter the market for trading greenhouse gas emission credits, Nikkei has found, with the Iran war raising awareness for shrinking carbon footprints.
From Hondas to baby products, Japan brand knockoffs plague Cambodia
HANOI -- Counterfeit products that closely resemble Japanese brands and unauthorized imports are circulating in Cambodia, adding to the risks of doing business in the Southeast Asian nation.
Marubeni buys Spanish energy supplier, moving into Europe, Latin America
TOKYO -- Japanese trading house Marubeni has gained a foothold in European and Latin American retail markets for electricity and natural gas with the acquisition of a Spanish utility as demand for data center power grows.
SoftBank to cover OpenAI lending with $3.6bn dollar, euro debt issuance
TOKYO -- SoftBank Group has finalized the terms for the issuance of $3.6 billion in foreign-currency bonds, the company's first offering of such securities since October.
Honda to debut made-in-China EV in Japan in a first for local automakers
TOKYO -- Honda Motor will launch a new electric vehicle in Japan on Friday, becoming the first local automaker to bring in a China-made model.
Elliott presses Daikin for big share buyback in activist push
TOKYO -- Daikin Industries, the world's largest air conditioner maker, is facing pressure from activist investor Elliott Management to buy back up to 1 trillion yen ($6.3 billion) of its shares over the next few years, Nikkei learned Thursday.
Ships plying Strait of Hormuz resort to altering info, location data
TOKYO -- Some vessels traveling the Strait of Hormuz are trying to navigate closures by Iran and the U.S. by blocking detection of their location or altering their ship information, an analysis shows, as global shipping continues to be rocked by the Mideast conflict.
China's surging chip tool imports from Southeast Asia
Hi everyone! This is Cheng Ting-Fang, your #techAsia host for this week.
In just the past few days, I found myself at two groundbreaking ceremonies for chip suppliers. One was down in southern Taiwan in Kaohsiung, close to TSMC's most cutting-edge 2-nanometer plants. The other was in Taipei, near where new offices are being taken over by Nvidia and AMD. Despite the celebratory mood, both events carried the same underlying message: Demand is still outpacing supply.
Under the tropical
TEPCO resumes commercial operations at world's largest nuclear plant
TOKYO -- Tokyo Electric Power Co. Holdings (TEPCO) started commercial operations at the world's biggest nuclear power plant on Thursday, 14 years after its final reactor was stopped in the aftermath of the meltdown at the company's Fukushima Daiichi facility.
TSMC warns higher gas prices amid Middle East conflict could impact profit
TAIPEI -- Taiwan Semiconductor Manufacturing Co. says the rising price of gas and chipmaking chemicals due to conflicts in the Middle East could weigh on the company's profitability and the global economy, while increasing component costs, including for memory chips, could affect the price-sensitive consumer market.