TOKYO -- The conflict in Iran has complicated the market's task of predicting whether the Bank of Japan will raise interest rates this spring, with rising oil prices having the potential to either accelerate or stall inflation in Japan.
TSMC-heavy Taiwan stock market shows resilience to Mideast crisis
HONG KONG -- Taiwanese stocks are proving more resilient than Japanese and Korean markets, even as rising tensions in the Middle East and skyrocketing crude oil prices put downward pressure on all three Asian economies.
LNG tankers change course from Europe as Asia spot prices surge
TOKYO -- Tankers loaded with liquefied natural gas from the U.S. and elsewhere are being diverted midjourney from Europe to Asia, where spot prices have surged amid the escalating tensions in the Middle East.
Thai used-car market depressed by household debt, cheap Chinese models
BANGKOK -- Used-car dealers in Thailand are increasingly going under as debt-burdened households struggle to take out and repay auto loans, pushing down prices.
Sumitomo sees US opportunities in Pittsburgh steel branch, exec says
TOKYO -- Japanese trading house Sumitomo Corp. in April will open a strategic branch in the U.S. city of Pittsburgh, Pennsylvania, to enable a more rapid, on-the-ground response as the steel industry there grapples with big changes and President Donald Trump's tariffs.
Japan's Ajinomoto spices up home market with hit Thai, Brazilian products
TOKYO -- Japanese foodmaker Ajinomoto is bringing products that have proven popular overseas to Japan, drawing on its international workforce to find the next big thing in the domestic market.
IndiGo CEO resigns after mass cancellations hit image and profits
BENGALURU -- Pieter Elbers, chief executive of India's largest airline IndiGo, resigned on Tuesday with immediate effect, a couple of months after the company landed in the eye of the storm following widespread cancellations due to a pilot shortage.
Indian stocks under pressure as Iran war threatens Middle East ties
SINGAPORE -- The war in the Middle East has hit India's stock market, sending the benchmark Sensex index lower as the country's heavy reliance on Middle Eastern oil raises concerns about a widening economic impact.
Chinese EV startup Nio logs first profit in Q4, eyes breakeven in 2026
HONG KONG -- Chinese electric vehicle startup Nio has turned a quarterly profit for the first time, after a decade spent burning through billions of dollars to survive cutthroat competition in the world's largest auto market.
Japan's Sumitomo invests in US fusion technology startup Shine
TOKYO -- Japanese trading house Sumitomo Corp. said Tuesday it has invested in Shine Technologies, a U.S. startup that develops applications derived from nuclear fusion, such as medical isotopes.