TAIPEI -- One of China's biggest chipmakers has warned it may have to drop orders from foreign clients next year to prioritize domestic demand, Nikkei Asia has learned, as the country pushes to build a "secure and controllable" tech supply chain.
Migrant standoff at Poland-Belarus border stokes war fears
ATHENS -- As a crisis along the Polish-Belarusian border explodes into an international flashpoint with geopolitical and humanitarian implications, fears are rising that it could escalate into an armed conflict.
Shares in India's Paytm plummet as much as 25% on their debut
BENGALURU -- Shares in Indian digital payments startup Paytm made an underwhelming debut on the local stock exchange on Thursday, plunging as much as 25% from their issue price.
Japan readies to implement record $487bn stimulus package
TOKYO -- Japan's economic stimulus package set to be approved by the cabinet on Friday will be a record 55.7 trillion yen ($487 billion) on a fiscal expenditure basis, Nikkei has learned.
Japan's Kubota to buy Indian farm equipment maker Escorts
OSAKA -- Top Japanese farm equipment maker Kubota announced Thursday that it will purchase major Indian farm equipment maker Escorts for around 140 billion yen ($1.2 billion), turning the company into a subsidiary.
Paytm shares fall 9% in their debut
BENGALURU -- Shares in Paytm made a underwhelming debut on the local stock exchange on Thursday, trading at a discount of 9% to their issue price of $28.50 apiece, the top of their marketed range.
Coronavirus latest: Foreign athlete in Beijing tests positive for COVID
Nikkei Asia is tracking the spread of the coronavirus that was first detected in the central Chinese city of Wuhan.
Cumulative global cases have reached 254,910,151 according to Johns Hopkins University in Baltimore. The worldwide death toll has hit 5,122,686.
For more information about the spread of COVID-19 and vaccination progress around the world, please see our interactive charts and maps.
Sanrio Entertainment develops characters targeting Asian consumers
TOKYO -- Sanrio, the company behind the super-superstar character Hello Kitty, is developing Asia-specific characters in its effort to increase its fan base in the region.
Tipping point nears for Tiananmen memorial in Hong Kong
HONG KONG -- The future of Hong Kong's most prominent standing memorial to the 1989 Tiananmen Square massacre is in limbo after a breakdown in talks over its removal between the Danish sculptor who created it and the university which has inadvertently hosted it for 24 years.
AirAsia in final talks with Tata Group to exit India: sources
KUALA LUMPUR -- Frill-free carrier AirAsia is in the last lap of negotiations to sell its remaining stake in AirAsia India to its joint venture partner Tata Group, two sources close to the matter told Nikkei Asia.