Is China considering a data tax on big tech? Signs point to yes

SHANGHAI -- The possible imposition of a so-called 'data tax' on platform developers including giant internet companies has emerged as another facet of President's Xi Jinping's 'common prosperity' drive to share wealth more equitably throughout the nation.


'Toshiba Next' is dead

Stephen Givens is a corporate lawyer based in Tokyo.


Global VCs pile into India

BENGALURU -- Hundreds of venture capital firms from around the world are investing in India for the first time, suggesting a breakout moment for the country's startups but also raising questions about whether the boom will be sustainable.


Vietnam PM visits Japan, Asia-Europe summit, Marcos Jr. in focus

Welcome to Your Week in Asia.

It will be a busy Monday for Vietnamese Prime Minister Pham Minh Chinh who is due to start his official visit to Japan. He will be accompanied by business leaders from 50 Vietnamese companies to seek cooperation with Japanese counterparts in fields such as energy and infrastructure development. Chinh will also attend a virtual ASEAN-China summit chaired by Chinese President Xi Jinping on the same day.

The Philippines will be welcoming its first -- and the world's largest -- Ikea store. The


Fujifilm to spend $5bn to become global contract drugmaker

TOKYO -- Fujifilm Holdings is staking its future on becoming a provider of drug development and manufacturing services to other pharmaceutical companies.


Academy Award-winning Japanese costume designer Wada dies at 84

TOKYO (Kyodo) -- Japanese costume designer Emi Wada, known for her Academy Award-winning work on a film by renowned director Akira Kurosawa, died on Nov. 13, her family said. She was 84.


China's historical resolution helps Xi hold power: 5 things to know

SHANGHAI -- The Chinese Communist Party's Central Committee adopted the third historical resolution on Nov. 11, cementing President Xi Jinping's ambition to stay in power for a third five-year term and beyond.


Japan, the EU and U.S. race to replace the lithium-ion battery

TOKYO -- The limitations of lithium-ion batteries, which have been powering our portable gadgets for three decades now, are becoming clear, and the race to replace them is well underway.


Bali still a shadow of its former self as foreign tourists stay away

NUSA DUA, Bali -- When Indonesia opened Bali to vaccinated international travelers from a string of countries in October after nearly two years, it was supposed to herald a return to normality for the tourism-dependent island that was hit hard by the COVID-19 pandemic. But, a month on, the "Island of the Gods" remains a shadow of its former self, with shuttered shops and restaurants dominating its once-bustling streets, and little to no sign of overseas visitors.


Japan poised to tap national petroleum reserve for first time

TOKYO -- Japan is weighing a release of crude oil from its national petroleum reserve, Prime Minister Fumio Kishida said Saturday, an unprecedented move in response to a U.S. call for action against high energy prices.