TOKYO -- Hitachi will acquire a U.S. developer of public transit management systems under a deal announced Thursday, looking to provide solutions that combine these systems with its own artificial intelligence technology.
Asia can ease Iran war shocks through fiscal, monetary policy: ADB chief
TOKYO -- As the conflict in the Middle East rattles Asia's economies, bolstering confidence in their own currencies through sound fiscal and monetary policies serves as the best defense against economic vulnerability, says Asian Development Bank President Masato Kanda.
AI startup trains Chinese humanoid robots on Japanese hospitality
TOKYO -- Japanese artificial intelligence startup Zeals is introducing Chinese humanoid robots that can perform tasks like guiding patients in hospitals, adopting a born-in-China, raised-in-Japan strategy as robot development lags at home.
US imports from Asia fell in February despite rising AI buildout demand
NEW YORK -- U.S. imports from Asia fell in February despite rising demand in AI-related equipment, according to Commerce Department data released Thursday.
Berkshire Hathaway deal to supercharge Tokio Marine's M&A
TOKYO -- The new strategic partnership between Tokio Marine Holdings and Warren Buffett's Berkshire Hathaway is expected to raise the ceiling on international acquisitions for Japan's largest non-life insurance group.
Hitachi to buy US maker of public transportation management systems
TOKYO -- Hitachi will acquire a U.S. developer of public transit management systems under a deal announced Thursday, looking to provide solutions that combine these systems with its own artificial intelligence technology.
Osaka Gas eyes deeper US investment with up to 5 power plant projects
TOKYO -- Osaka Gas has begun exploring involvement in up to five more natural gas-fired power plants in the U.S., a move that would double its current footprint as data centers drive growth in electricity demand.
One year on from Trump tariffs, Taiwan sees 80% rise in exports to US
TOKYO -- A year since U.S. President Donald Trump announced his "reciprocal" tariffs, shifting trade patterns highlight differences in industrial competitiveness across the globe.
Taiwan vows $2bn coast guard reinforcement as Hormuz highlights strait risk
TAIPEI -- Taiwan intends to invest up to $2 billion to develop better early-warning systems and ensure its maritime security, Taipei's top ocean minister said Thursday, stressing that the effective closure of the Middle East's Strait of Hormuz underscores the urgency.
Trump speech sparks oil price jump, Asia stock slide
TOKYO -- Crude oil futures rose and stocks fell in Asia on Thursday following U.S. President Donald Trump's address to the nation about the Iran war, in which he boasted of "overwhelming victories on the battlefield" while also threatening additional strikes against the Islamic Republic.