TOKYO -- Sony Group and Honda Motor have decided to halt development of their Afeela electric vehicle, blaming changes in the EV market and Honda's reassessment of its electrification strategy.

SHANGHAI -- Shares of Pop Mart International Group, the retailer of Labubu plush toys, fell sharply on Wednesday after management indicated slower earnings growth for 2026 despite record results in 2025.

TOKYO -- Sony Group and Honda Motor have decided to halt development of Afeela, their joint electric vehicle, the two Japanese companies announced on Wednesday.

HOUSTON, Texas -- Chinese oil consumption could peak considerably sooner than projected, the head of a major Chinese state oil and gas company's research arm suggested at a conference in the U.S., just as the conflict in the Middle East threatens supplies for Asia.

HOUSTON, Texas -- Surging energy demand in the U.S. has pushed lead times for large power transformers to more than 30 months, according to the world's biggest transformer maker, as manufacturing bottlenecks are creating a supply shortage.

NEW DELHI -- India's trade deficit with China is now estimated to exceed a whopping $100 billion for the first time in the fiscal year ending March, more than doubling since Narendra Modi assumed the premiership in 2014, a clear trend that reveals the world's most populous nation's growing economic dependence on the second-most populous country.

SEOUL -- The highly anticipated comeback concert by K-pop superstars BTS topped the weekly Netflix chart for non-English shows, the streamer said Wednesday, though attendance at the outdoor concert in Seoul was far below official predictions.

NAGOYA, Japan -- At Toyota Motor's Motomachi plant in central Aichi prefecture, a worker wearing a Philippine-flag cap busily attached bumpers to vehicles. Above the worker was a sign reading "salamat po" -- Tagalog for "thank you very much."

TAIPEI -- Worsening supply constraints in central processing units made by Intel and AMD are adding fresh pain for PC and server makers already hammered by an unprecedented memory chip shortage, Nikkei Asia has learned.

MANILA -- The Asian Development Bank (ADB) has announced a financial support package aimed at protecting member countries from the economic shocks of the escalating conflict in the Middle East.