TOKYO -- Japan's PayPay will make its QR code-based mobile payment services available at roughly 400,000 convenience stores, restaurants and other businesses in Taiwan from the end of April, the company said Tuesday.
Soaring oil prices threaten Japan's municipal bus, sewer services
TOKYO/NAGOYA, Japan -- Soaring crude oil prices caused by the Iran war are disrupting the procurement of fuel needed for municipal services, such as public transit and sewage, prompting pleas for central government assistance.
Tesla's Shanghai factory can build humanoid robots, China boss says
SHANGHAI -- Tesla's factory in Shanghai has the capacity to produce humanoid robots, the electric vehicle maker said Tuesday.
Japan's Asahi Kasei to delay Canada plant opening on Honda EV slump
TOKYO -- Japanese materials supplier Asahi Kasei will postpone the opening of a battery materials plant under construction in Canada until 2029 or later because of an expected lack of demand after Honda Motor, one of Asahi's main customers, delayed the launch of an electric vehicle plant in the country.
IMF cuts growth forecasts for Asia's emerging economies, blames Iran war
TOKYO -- The International Monetary Fund has downgraded its growth forecasts for Asia's emerging economies this year and said it would have revised its global growth forecasts upward if not for the Iran war.
TikTok, Sea, Alibaba-owned e-commerce corner ASEAN markets
SINGAPORE -- Smaller e-commerce players in Southeast Asia are being increasingly pushed to the margins as well-resourced platforms owned by big Asian technology groups gobble up market share in the region, a report published Tuesday shows.
China set to fine PDD, other e-tailers over food delivery concerns: sources
HONG KONG -- Beijing is planning fine multiple e-commerce platforms over safety concerns involving food deliveries, with bargain e-tailer Pinduoduo expected to be hit the hardest, at around 1.5 billion yuan ($219 million), people familiar with the matter told Nikkei Asia.
Philippine, US military drills to facilitate closer relations with Japan
MANILA -- The Philippines and the U.S. are set to stage annual war games in the coming weeks, with more than 17,000 personnel participating as Japan joins the drills for the first time.
Asian stocks begin to recoup losses from impact of Iran war
TOKYO -- Major stock markets across Asia rose on Tuesday, with Taiwan logging a fresh record high and Singapore recovering a key threshold. Equities in Japan and South Korea also jumped, with the benchmarks in both countries nearing all-time closing peaks reached before the U.S.-Israeli war with Iran began on Feb. 28.
Japan's Mitsubishi Estate, Shimizu to build Singapore food logistics plant
TOKYO -- Japanese developer Mitsubishi Estate and builder Shimizu will build one of the largest food logistics facilities in Singapore, the two companies announced earlier this month.