Japan's SMBC to launch $630m fund with Neuberger Berman

TOKYO -- Sumitomo Mitsui Banking Corp. will create an investment fund with major U.S. asset management firm Neuberger Berman that will provide loans to Japanese companies undertaking acquisitions, Nikkei has learned.


Malaysia is Asia's quiet overachiever

Yun Liu is senior ASEAN economist at HSBC.


Toyota unveils new version of basketball-shooting AI robot

NAGOYA, Japan -- Toyota Motor on Sunday showed off the latest version of its artificial intelligence-powered robot that can dribble and shoot a basketball, drawing on various technologies for controlling automobiles and machinery.


Japan's SoftBank launches unit to develop homegrown AI

TOKYO -- SoftBank has established a company to develop artificial intelligence in Japan, with NEC and Honda Motor among eight peers that have invested in the unit, Nikkei has learned.


US-Iran deadlock leaves mediator Pakistan salvaging positives

ISLAMABAD -- Twenty-one hours of talks between the U.S. and Iran in Islamabad ended in a deadlock on Sunday, dashing Pakistan's hopes that the bitter foes would reach a quick deal on its soil.


China's eel farmers face plummeting prices after extensive 2025 catch

GUANGZHOU -- Eels likely will be cheaper in Japan this summer, partly due to a drop in export prices caused by excess supply in China, the world's main producing region.


To Lam visits China, Indian economic data, Guangzhou trade fair

Welcome to Your Week in Asia.

Newly installed Vietnamese President To Lam, who has the rare status of also being leader of the Communist Party, heads to China to meet Xi Jinping, who holds both titles in his own country. Vietnam-China ties have been warming amid closer business cooperation, although Hanoi and Beijing remain at odds over the South China Sea.

India has already faced a significant impact from the Iran war, from its stock market to the rupee to factory operations . Although the nation's central bank


China robotaxi firms eye Southeast Asia; Tesla pushes for US legal changes

TOKYO -- A new automated shuttle service has begun running in northeastern Singapore's Punggol district, a recently redeveloped smart eco-town that serves as a test bed for new technologies.


Wagyu exporters illicitly declare Hong Kong shipments as Cambodia-bound

OSAKA -- Japanese authorities continue to uncover cases of wagyu beef exporters who are shipping to Hong Kong but falsely declaring the product is going to a country with looser regulations.


India's coffee exporters squeezed as Iran conflict disrupts shipping

NEW DELHI -- India's coffee industry faces the threat of losing major export destinations in the Middle East due to the Iran war and the closure of the Strait of Hormuz, as the world's seventh-largest coffee producer -- which ships about 70% of its output overseas -- has expanded sales to buyers in markets including the United Arab Emirates, Kuwait, Jordan and Saudi Arabia in the past decade.