TAIPEI -- A memorial library in honor of Lee Teng-hui, Taiwan's first democratically elected president, will open as early as mid-2023 in Taipei, his namesake foundation announced Thursday.

The library will likely be housed at the National Taiwan University, Lee's alma mater, and feature books and documents on Lee's accomplishments to help future research about Taiwan's democratization movement.

Lee, dubbed Taiwan's father of democracy, died at age 97 on July 30

TOKYO -- As Japanese universities fall further in global rankings, the government is launching a new 10 trillion yen ($91 billion) endowment fund designed to help them better compete with top institutions around the world.

Just two Japanese universities made the top 200 in the World University Rankings 2021 compiled by British magazine Times Higher Education last year: the University of Tokyo at 36th and Kyoto University at 54th. China's Tsinghua University was the top-ranked Asian institution

Nobuko Kobayashi is a partner with EY Strategy and Consulting Co., Ltd., Strategy and Transactions -- EY-Parthenon.

The Emissary is an award-winning dystopian novel by Yoko Tawada depicting a decoupled Japan. It portrays a world after Jexit, a self-isolation achieved on a quieter yet more comprehensive scale than the one executed by its real-world cousin, Brexit.

The consequences are dire. Electronic appliances are banished in order to save electricity; domestically produced food is rationed, and international airports are left

BEIJING -- Didi Global, China's largest ride-hailing operator, closed 11% higher in New York Thursday on a U.S. media report that it is considering delisting from the New York Stock Exchange barely a month after its IPO as Chinese regulators turn up the pressure on the company.

The Wall Street Journal said a tender offer for Didi's publicly traded shares is among the options on the table amid "discussions with bankers, regulators and key investors about how it could resolve some of the

TOKYO -- A list of 186 "anchor investors" that bought into Zomato's initial public offering is a symbol of India's stock market frenzy.

The list, which the food delivery company disclosed on July 13 ahead of its stock market debut, includes giant U.S. asset managers BlackRock and Fidelity as well as government-linked managers like the Canada Pension Plan Investment Board and the Abu Dhabi Investment Authority -- some of the biggest names in investing.

Despite listing on the domestic exchange

TOKYO -- Lawmakers from the U.S., Japan and Taiwan on Thursday held an inaugural policy dialogue to discuss Chinese expansionism in the Indo-Pacific region, with former Japanese Prime Minister Shinzo Abe sounding the alarm on the threat to Taiwanese democracy.

"What happened in Hong Kong must never happen in Taiwan," Abe said, alluding to the Chinese crackdown on Hong Kong's pro-democracy movement.

"I find the unilateral attempts to change the status quo in the South China Sea and the East China

TOKYO -- Japanese chipmaker Renesas Electronics on Thursday reported a 115 % jump in operating profit in the January to June fiscal first half, as the company recovers from a debilitating fire at its main plant and capitalizes on strong demand for semiconductors worldwide.

Renesas's six-month operating profit came to 65.6 billion yen ($600 million), as sales increased 22% to 421.5 billion yen.

Renesas is a key chip supplier for Japanese automakers, including Toyota

TOKYO -- The Tokyo Olympics are well underway after a long journey filled with controversy, and an unprecedented one-year postponement because of the COVID-19 pandemic.

The proceedings officially began with the opening ceremony at the National Stadium , a mostly subdued affair mixed with joyous moments like a high-tech drone show, and capped by tennis star Naomi Osaka lighting the Olympic cauldron.

We're tracking the latest medal count .

Read our breakdown of the events to watch .

Here are the latest developments:

Thursday,

TAIPEI -- Huawei Technologies will try to prove its embattled smartphone business is still alive despite the U.S. crackdown when the Chinese tech group releases its latest flagship handset on Thursday.

The world's second-biggest smartphone maker as recently as last year is slated to introduce its latest P50 smartphone in a Chinese-only, online event, a stark contrast to previous launches. Normally the company rolls out its P-series handsets in February or March at splashy events in Barcelona or other major European cities