Japan's ispace postpones lunar lander launch from US by 3 years

TOKYO -- Japan's ispace has delayed a moon lander launch from the U.S. to 2030 from the original 2027, the aerospace startup announced Friday, pushing back expectations of profitability for its lunar surface transport service as well.


Nuclear restart moves forward in Taiwan amid energy supply concerns

TAIPEI -- State-owned Taiwan Power on Friday submitted a plan to restart one of the island's nuclear power plants as concerns grow about supply disruptions because of the conflict in the Middle East and pressure from China.


Yen plunges past 160 against dollar for 1st time in 20 months

NEW YORK -- The Japanese yen on Friday weakened past the psychologically important mark of 160 to the dollar for the first time since July 2024 as Middle East tensions spur buying of the greenback. The depreciation has raised speculation that Japan's financial authorities might intervene.


China chip sector targets 80% self-sufficiency with US in its sights

SHANGHAI -- China's semiconductor industry plans to achieve 80% domestic self-efficiency by 2030, according to a target set by 13 top company leaders, as the country seeks to catch up to the U.S. through technological development and capacity expansion.


Japan tightens naturalization rules, doubling residency minimum to 10 years

TOKYO -- Japan will introduce stricter standards for applications for naturalization effective April 1, requiring at least 10 years of residency, along with longer tax payment records, the government announced Friday.


Nissan to launch SUV as 1st new North American Infiniti model in 5 years

NEW YORK -- Japan's Nissan Motor will release a new model under its luxury brand Infiniti, the first for North America in five years, in a bid to revive its flagging business there through a focus on design and practicality.


Former BOJ Gov. Kuroda says Japan's yen-driven deflation 'completely over'

TOKYO -- Since the 1985 Plaza Accord, when the U.S., Japan and major European countries jointly moved to address exchange rates, Japan's currency and economic policies have consistently been influenced by the U.S.


Carbon fiber maker Toray levies global surcharge as raw materials prices rise

TOKYO -- Japanese materials maker Toray Industries has decided to introduce a global surcharge on resins, carbon fibers and other products, aiming to pass on price fluctuations in raw materials costs in as little as a month.


China's COSCO ships appear to abort Strait of Hormuz transit

TOKYO -- Two large container ships from China's state-owned COSCO group appeared to have abandoned attempts to exit the Persian Gulf through the Strait of Hormuz on Friday, data from tracking service Marine Traffic shows, underscoring the treacherous conditions the Iran war continues to create.


Inpex to give Japan preferential access to oil from Azerbaijan

TOKYO -- Japanese energy group Inpex plans to prioritize buyers in its home market for oil produced off the coast of Azerbaijan as the war in Iran and the de facto shutdown of the Strait of Hormuz heighten procurement risks.