TOKYO -- Nikkei Inc. announced on Monday that Nisshinbo Holdings and Sky Perfect JSAT Holdings will be removed from the Nikkei 225 High Dividend Yield Stock 50 Index.

The 50 constituent stocks of the index are chosen from the component issues of the 225-issue Nikkei Stock Average. The two companies will be deleted from the 50-issue index from Oct. 1 because they will be removed from the 225-issue index.

No stock will be added to the 50-

TOKYO -- Honda Motor will start selling electric vehicles in the U.S. that will be made with over 50% of the same parts as General Motors' cars, Nikkei has learned, the latest undulation from an auto industry being forced to realign amid environmental and other concerns.

The Japanese automaker plans to provide GM with information on an EV platform -- the base structure on which the body and key components are built.

Since a platform and a car's engineering must mind each other, the automakers

TAIPEI/HSINCHU, Taiwan -- The price of chips -- and the electronic devices they power -- are on track to rise into 2022 as the world's biggest contract chipmaker joins its rivals in ramping up production fees.

Prices of semiconductors have been climbing since the last quarter of 2020 amid a global supply crunch. But news that Taiwan Semiconductor Manufacturing Co. was preparing its biggest price hike in a decade still came as a shock to some, bringing home just how entrenched chip

MANILA -- Philippine Airlines will delay or cancel the delivery of over a dozen Airbus planes, company officials said on Monday, adding that the distressed flag carrier is looking to emerge from bankruptcy protection by year-end.

The airline was supposed to receive 13 narrow-body aircraft from European manufacturer in the next five years, until the coronavirus pandemic hammered the aviation industry.

"We were able to get the support of Airbus to basically postpone those deliveries and give us an option to cancel some of those aircraft beyond 2

HONG KONG -- China's crackdown on overextended property developers has led to a surge in loan losses, raising fears of contagion across the nation's $50 trillion financial sector.

Developers enjoyed a return to pre-pandemic profit levels in the first half of the year, buoyed by the nation's economic recovery. Now, however, they are contending with a slew of tougher rules, including curbs on borrowing, leverage and land purchasing, that has sparked a liquidity crisis and missed debt payments.

Nonperforming

NEW YORK -- The United States is days away from marking the 20th anniversary of the Sept. 11, 2001, terrorist attacks, which brought down the World Trade Center towers in New York City and collapsed part of the Pentagon, outside Washington. Nikkei interviewed Thomas Friedman, The New York Times' foreign affairs columnist, and asked him to look back on how the attacks affected the world in terms of history and thought. The following are edited excerpts from the interview.

On Sept.

KUALA LUMPUR -- Having navigated a battle to become Malaysia's new prime minister, Ismail Sabri Yaakob now faces even tougher tests. He has to stem a surge in COVID-19 cases and restore public confidence in the government.

Ismail Sabri took over last month with total cases having grown to 1.8 million -- 255,000 of them active -- and the country's healthcare system was at the brink of collapse. By comparison, cumulative infections were only 250

COLOMBO -- Sri Lanka's political opposition, importers and traders are up in arms after President Gotabaya Rajapaksa last week declared a state of emergency, allowing his government to dictate retail prices for essential food items and seize stocks from traders, as the country's foreign reserves dry up.

Importers warn the emergency regulation could create a supply crisis, while opposition parties say the move endangers the country and inches it closer to authoritarianism.

Since the Aug. 30 decree, traders and importers have had one meeting after another

SINGAPORE -- With a shift in investment trends toward a focus on environmental, social and governance issues, Singapore state fund GIC says it is looking for businesses that have the potential to transition to a more sustainable model.

In an interview with Nikkei Asia, GIC Chief Investment Officer for Fixed Income Liew Tzu Mi, who also chairs its sustainability committee, pointed out every company has "different starting points" in terms of building a business that complies with ESG standards.

"It is not whether the ESG standard is high or