TOKYO -- Leaders from Japan and Vietnam expressed "serious concern" over China's drive to increase its clout in the East and South China seas at a summit in Tokyo on Wednesday.

TOKYO -- Shinsei Bank on Wednesday withdrew its poison pill defense designed to thwart SBI Holdings' takeover and accepted the firm's picks for a new president and chairman.

TOKYO -- Myanma Economic Holdings Ltd. "unjustly" petitioned a Yangon court to end its joint venture with Kirin Holdings in Myanmar, the Japanese beverage company said Wednesday in urging the court to dismiss the filing by the military-linked conglomerate.

TOKYO -- Japanese material group Asahi Kasei aims to put one of the world's largest production systems for hydrogen on the market in 2025, with a goal of lowering the price of the clean-energy fuel to one-third of the current level, Nikkei has learned.

HONG KONG -- Online brokerage Futu Holdings, known as "China's Robinhood," attempted to reassure anxious clients on Wednesday that it would not close accounts and will focus on expanding its presence in Hong Kong and Singapore after Beijing increased pressure on the industry, sending its shares tumbling.

TOKYO -- Major Toshiba shareholder 3D Investment Partners will not support the industrial group's plans to split into three independent companies, the Singapore-based asset manager said Wednesday, citing an inadequate review process leading up to the decision.

TOKYO -- The coordinated release of petroleum reserves by major oil consumers including the U.S., China, Japan and India crosses a line that may signal a breakdown in what had been a mostly amicable relationship between the two sides of the market.

NEW YORK -- JPMorgan Chase CEO Jamie Dimon apologized twice Wednesday for saying that his bank would endure longer than the Chinese Communist Party.

Callysta Thony and Rachel Tan are senior strategy consultants leading the smart cities and sustainability practice areas at Eden Strategy Institute, a strategy consulting firm with a focus on social innovation headquartered in Singapore.

NEW DELHI -- Sri Lanka will tap a Chinese company for a port project in Colombo, its largest city, that had been awarded to Japan and India before the partnership was scrapped this year.