HONG KONG -- Chinese battery king Contemporary Amperex Technology Co. Ltd. has reported estimate-beating profits for 2025 as the company cements its market dominance on the back of business diversification efforts.
Mitsubishi Chemical cuts ethylene output as Iran war hits naphtha supply
TOKYO -- Mitsubishi Chemical Group has reduced production of ethylene in Japan, the company said Monday, as the Iran war hampers its ability to procure the raw material naphtha.
Nissan to partner with Uber on self-driving technology
TOKYO -- Nissan Motor is in final talks with Uber Technologies on a deal that would bring autonomous driving to ride-hailing on a global scale, using self-driving vehicles that Nissan is developing with U.K.-based Wayve Technologies, Nikkei learned on Monday.
Philippine government starts four-day workweek as energy prices bite
MANILA/JAKARTA/KUALA LUMPUR -- Civil servants in the Philippines have begun working four days a week as the government of the net fuel-importing nation seeks to reduce its energy use now that the war in the Middle East is driving oil prices to their highest level in years.
Japan 2011 tsunami: Multilingual efforts share hard-won lessons with world
KAMAISHI, Japan -- Fifteen years after an earthquake and tsunami devastated a vast stretch of northeastern Japan's Tohoku region on March 11, 2011, the disaster is being given a new voice -- one aimed at a growing wave of foreign visitors.
Vietnam makes graft arrests over Ho Chi Minh City airport construction
HO CHI MINH CITY -- Vietnamese authorities have detained state officials and company executives on bribery and bid rigging allegations tied to a $1.3 billion contract for the construction of an airport near Ho Chi Minh City .
South Korea to cap fuel prices as energy costs soar over Iran
SEOUL/TOKYO -- South Korea's president said on Monday that the country would introduce a cap on domestic fuel prices to shield consumers from rising costs caused by the ongoing conflict in the Middle East.
With global crude prices soaring past $100 a barrel, Lee Jae Myung told an emergency cabinet meeting that the government would "swiftly introduce and boldly implement" a maximum price system on petroleum products, according to Reuters.
Japan hasn't decided on release of reserve oil: chief cabinet secretary
TOKYO -- The Japanese government has made no decision yet regarding the release of the country's oil reserves, Chief Cabinet Secretary Minoru Kihara told reporters on Monday.
Asia stocks dive as crude oil spikes on Iran crisis
TOKYO -- Asian stocks were hit hard on Monday as the U.S. and Israel's war on Iran drove up oil prices and worries swirled over the economic fallout from the conflict amid signs tensions are broadening across the Middle East.
Vietnam Lunar New Year now means holidaymaking or frugality
HO CHI MINH CITY -- Hoang Trang, who works at a cafe while seeking an IT job, took a bus from Ho Chi Minh City eight hours north to Dak Lak to spend Tet with family.