Vingroup launches first bullet train linking Vietnamese cities

HO CHI MINH CITY -- Vingroup has begun work on a high-speed rail line in northern Vietnam as part of an eventual $5.6 billion network that will slash two-hour trips from Hanoi to 30 minutes.


Japan's Toto suspends pre-fab bath orders as Iran war hits glue supply

TOKYO -- Japan's Toto, known for its bidet toilets, bathtubs and kitchens, has stopped taking orders for its prefabricated bath units due to a shortage of organic solvents, a result of the Strait of Hormuz closure, Nikkei learned on Monday.


Japan's matcha, wagyu, tuna exports to Middle East hit by Iran War

TOKYO -- Japanese companies exporting popular products such as matcha tea, wagyu beef and tuna to the Middle East are struggling to recover from major falls in orders due to the Iran war.


India, Russia could benefit with oil, gas deals amid Iran conflict

NEW DELHI -- Amid a global energy crisis sparked by the U.S.-Israel attacks on Iran, Russia is showing a willingness to boost oil and gas supplies to India, which relies heavily on imported petroleum products to meet domestic demand in the world's most populous nation with over 1.4 billion people.


Vietnam's air pollution reality is clouded by falsified data

HANOI -- Vietnam is not only dealing with air pollution. It is also tackling data "pollution."


Japan bond yields hit 29-year high as Iran impasse stokes inflation fears

TOKYO -- Long-term Japanese government bond yields hit a 29-year high of 2.49% on Monday after the U.S. announced a blockade of the Strait of Hormuz, pushing up oil prices and reinforcing expectations of a Bank of Japan rate hike.


India increases use of foreign players to move up electronics value chain

BENGALURU -- Foreign players are increasing their presence in India's electronic manufacturing sector through company partnerships and government-backed incentive programs as the country looks to move up the value chain -- a goal long held back by insufficient training and weak research and development spending.


Oil jumps and Japan stocks slip as Trump threatens Hormuz blockade

TOKYO -- Oil prices rose and Japanese stocks fell on Monday morning after U.S.- Iran talks ended with no agreement and Washington threatened to block the Strait of Hormuz.


Japan's long-term government bond yield hit a 29-year high

TOKYO -- Long-term Japanese government bond yields hit a 29-year high of 2.49% on Monday after the U.S. announced a blockade of the Strait of Hormuz, pushing up oil prices and reinforcing expectations of a Bank of Japan rate hike.


Indonesia's underperforming stock market faces credibility test

JAKARTA -- With Indonesian stocks underperforming their regional rivals this year, the country's Financial Services Authority (OJK) has outlined four key measures to address concerns about market transparency in Southeast Asia's biggest economy.