GWACHEON, South Korea -- South Korea's justice minister said the era of close ties between the government and the country's strong family-run conglomerates, known as chaebol , has effectively ended.
Incoming Air India and IndiGo CEOs face need for reset amid struggles
BENGALURU -- After a period of turbulence at India's biggest airlines, IndiGo and Air India, culminated in their CEOs abruptly quitting in quick succession, analysts say their replacements need to oversee resets as concerns grow over financial strains and lax regulatory compliance.
Japan's aging foreign population faces gaps in elder care
TOKYO -- As the many foreign nationals who immigrated to Japan in previous decades as workers reach retirement age, they often face difficulties accessing health care and other public services.
Xi Jinping meets new face of Taiwan's opposition as US and Japan watch
TAIPEI -- Taiwan's top opposition figure Cheng Li-wun met with Chinese President Xi Jinping in Beijing on Friday, an encounter closely watched back in Taipei as well as in Japan and the U.S. ahead of President Donald Trump's expected visit to China.
All-you-can-ride Japan Rail Pass price to go up in October
TOKYO -- Japan Railways Group companies announced on Thursday the price for the Japan Rail Pass, an all-you-can-ride ticket for foreign visitors, would increase beginning Oct. 1, the first price hike in three years.
Singapore's ComfortDelGro bets on robotaxis as next growth engine
SINGAPORE/TOKYO -- Singapore-based transportation group ComfortDelGro looks to expand robotaxis operations worldwide, Group CEO Cheng Siak Kian told Nikkei, seeking to overcome global labor shortages with autonomous driving.
China factory prices log first rise in years as Iran war counters deflation
SHANGHAI -- China's factory gate prices have turned positive for the first time in over three years, as the Iran crisis provides a catalyst for the government's battle against deflation while testing the resilience of the manufacturing industry.
Developing Asia's growth to slow as Iran war sends oil prices soaring: ADB
MANILA -- The worsening conflict in the Middle East has muddied developing Asia's economic prospects. The Asian Development Bank forecast that one of the world's most dynamic regions could lose more than a percentage point of growth if hostilities drag on through the year.
Chinese airlines add thousands of Europe flights, shrugging off Iran war
BRUSSELS -- Chinese airlines are adding thousands more flights to Europe over the next six months, as the Iran war deals them another advantage in the region where other carriers are facing longer routes and higher jet fuel prices.
Sumitomo Electric to boost tungsten output 50%, reducing China dependence
OSAKA -- Japan's Sumitomo Electric Industries plans to build a new tungsten production plant for 15.9 billion yen ($100 million), aiming to reduce dependence on Chinese imports.