MUMBAI -- Major automakers in India plan to raise prices next month, as rising materials and logistics costs caused by turmoil in the Middle East create headwinds for a market where sales have been strong.

TOKYO/CHIBA, Japan -- Japan Display (JDI) is in negotiations with Micron Technology to sell a major LCD panel production facility in Japan, under plans revealed on Thursday, with the U.S. memory maker reportedly looking to use it for chip assembly and testing.

TOKYO -- Japan-listed companies such as air carrier ANA Holdings are increasingly embracing bond-type class shares as an alternative way to raise funds.

MANILA -- The Philippine central bank forecast on Thursday inflation is likely to average above 5% this year and that monetary policy "couldn't do very much" to bring it down because rising prices are being driven by factors outside its control.

TOKYO -- The Japanese government will temporarily lift restrictions on the operation of coal-fired power plants to lower the risk of an energy shortage as the war in the Middle East chokes off supplies of oil and gas from the Strait of Hormuz, according to sources familiar with the matter.

TOKYO -- Japan's Mitsubishi Electric, Rohm and Toshiba will begin negotiations to merge their power semiconductor businesses, sources familiar with the matter have told Nikkei.

Hi everyone, this is Lauly helming #techAsia this week. I'm writing this newsletter next to a rice paddy in the northern Taiwanese city of Taoyuan, where I have attended the opening of UPS's largest logistics center in the Asia-Pacific.

The U.S. company didn't pick this location for its 81,000 sq. meter, nearly $100 million facility because of its proximity to rice paddies, of course. Rather, it is only about 5 kilometers