KUALA LUMPUR -- AirAsia launched a parcel delivery service on Tuesday with logistics unit Teleport as the Malaysian budget airline continues to pursue its "super app" strategy of offering a wide range of services.
Hong Kong activist gets 3.5-year term in security law plea deal
HONG KONG -- Hong Kong activist Tony Chung was sentenced on Tuesday to three years and seven months' imprisonment in the first judgment for a person pleading guilty under the city's national security law.
Japan allocates $5.2bn to fund chip plants by TSMC and others
TOKYO -- Japan is allocating about 600 billion yen ($5.2 billion) of its fiscal 2021 supplementary budget to support advanced semiconductor manufacturers, Nikkei has learned.
China's Xiaomi says chip crunch curbing smartphone shipments
TAIPEI -- China's top smartphone maker Xiaomi on Tuesday night said the ongoing global chip shortage will crimp its shipments this year by up to 20 million units, in the latest signal that the supply crunch is affecting even the world's biggest tech players.
U.S., China and others to tap oil reserves to rein in inflation
WASHINGTON/TOKYO -- The U.S. on Tuesday announced it will release 50 million barrels of oil from the country's strategic reserve, urging China, Japan and others to make similar moves to stabilize gasoline prices amid a rally in crude oil.
Myanmar military conglomerate files to dissolve Kirin beer venture
BANGKOK -- Military-linked conglomerate Myanma Economic Holdings has filed a legal request to end its joint venture with Kirin Holdings, likely dashing the Japanese brewer's hopes to remain in business with a different partner.
This Christmas, the grinch is stealing strawberries in Japan
TOKYO -- Every Christmas, millions of Japanese celebrate by serving a cake topped with jewel-like strawberries.
'No special treatment' for China's CPTPP bid: Mexican trade official
MEXICO CITY -- Members of the CPTPP trade pact will not bend the rules to admit China, a senior Mexican trade official told Nikkei, putting a less-positive spin on Beijing's application than a reported comment by Mexico's foreign secretary.
Japan nears defense access deal with quasi-ally Australia next year
TOKYO -- Japan and Australia are preparing to sign a long-debated pact next year that would make it easier for each country's forces to enter the other for joint exercises, Nikkei has learned.
Why the BRICs nations have not turned the world upside down
William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."