TOKYO -- The U.S. and China are studying a new mechanism for managing trade and investment, which the American side described as a prospective "Board of Trade," while a planned summit between the rival superpowers' presidents looks likely to be pushed back.
Trump-Xi dynamics keep Taiwan on alert amid summit uncertainty
TOKYO -- U.S. President Donald Trump has said he wants to delay a visit to Beijing, planned for March 31, by "a month or so" due to the war in Iran. For Taiwan and its President Lai Ching-te, that means more weeks of uncertainty over what Trump might say when he eventually makes the trip.
BYD says it 'can't compete' in Japan with EV subsidy gap
TOKYO -- Chinese carmaker BYD lost out on Japan's latest revision of electric vehicle purchase subsidies. None of its four models sold in Japan was granted a subsidy increase while those by Toyota Motor, Tesla and others saw hefty hikes.
Global memory chip crunch set to last till 2030: SK Hynix
SAN JOSE, California -- The global memory chip shortage is set to last until 2030 as the industry struggles to keep pace with demand, according to the chairman of South Korea's SK Group.
Cyberattacks threaten education in India, chips in Taiwan and China: report
NEW DELHI -- Cyberattacks continued to increase globally last year, with companies and government agencies facing 18% more attacks on average than the previous year and nearly 70% more than in 2023, according to a recent industry report that warned the Asia-Pacific region is especially vulnerable, particularly educational institutions in India and the computer hardware and semiconductor industries in Taiwan and China.
Japan and Taiwan to allow second working holiday visas
TOKYO -- Japan will in April start accepting working holiday visa applications from Taiwanese citizens who have already used the program once, in an effort to encourage interpersonal exchanges and strengthen bilateral ties.
Idemitsu lowers ethylene output at 2 Japan plants on Hormuz closure
TOKYO -- Idemitsu Kosan has begun reducing ethylene production at two domestic plants, the Japanese oil company said Monday, as a shortage of the oil-derived raw material naphtha due to the de facto closure of the Strait of Hormuz continues to spread across industries amid the Iran war.
Japan's NEC to pour $630m into undersea cable business
TOKYO -- Japanese technology group NEC plans to invest more thanĀ 100 billion yen ($629 million) over the next five years on its undersea telecommunications cable business to capture market share and prepare for geopolitical threats.
Rose prices spike in Japan's graduation season amid Mideast crisis
TOKYO -- March is Japan's graduation and farewell season, when flower bouquets are in strong demand, but disruptions in imports are driving wholesale rose prices higher.
Uniqlo set to partner with Dodgers on partial stadium naming rights deal
TOKYO -- Japanese clothing retailer Uniqlo is negotiating a partnership agreement with the Los Angeles Dodgers baseball team in a bid for increased name recognition.