TAIPEI -- Huawei's chip design arm has struck a deal aimed at building up its domestic supply chain, a local partner said on Tuesday, in a first public move against a U.S. clampdown aimed at cutting its access to vital technology.

Shenzhen JT Automation Equipment, a Chinese chip production tool maker, on Tuesday said in a stock exchange filing that it has signed a five-year legally binding memorandum of understanding with Huawei's HiSilicon Technologies unit, China's biggest chip developer.

"Huawei

TOKYO -- Days after the deadly mudslide in the coastal Japanese city of Atami, the heaps of debris and soil washed out to sea are proving a major obstacle in the hunt for the missing.

"Be careful -- there's a nail sticking out," someone tells a Japan Coast Guard member swimming through the debris-filled waters of Izusan Port in a clip recorded Sunday by the service. The coast guard has dispatched ships and helicopters to the area for the search effort.

An embankment at Atami's

SHANGHAI/NEW YORK -- Beijing will ramp up supervision of Chinese companies on overseas markets and new listings, citing concerns about information security in plans unveiled Tuesday after authorities launched investigations into U.S.-listed tech names such as Didi Global.

Authorities aim to crack down on illegal activity in the securities market, China's State Council cabinet and the Communist Party's General Office said in a joint opinion released via Xinhua News Agency. Beijing will enact legislation and rules covering cross-border data flows and management

BANGKOK -- Thailand's biggest coal producer, Banpu, will no longer start any new coal developments as the company pivots toward green energy, company CEO Somruedee Chaimongkol said in an interview.

"We will only produce from our organic reserve that we have," said Somruedee. "We have no plan to invest more in the coal mine assets."

Banpu will instead shift resources toward natural gas and renewable energy. The plan is to have low-carbon green businesses contribute more than half of overall income by 2

NEW YORK/BEIJING -- China, Germany and France can together assist the development of Africa in a "four-party" framework, Chinese President Xi Jinping proposed to his European counterparts in an online summit.

The idea of quadrilateral cooperation on Africa -- an "Africa Quad" -- came in the form of an invitation to German Chancellor Angela Merkel and French President Emmanuel Macron to join the Initiative on Partnership for Africa's Development, a framework Beijing launched with African countries in May.

Xi's discussion

OSAKA -- Nintendo announced Tuesday an improved Switch game system with a larger, better screen and more internal memory than the current versions.

The so-called OLED model of the Switch is due out Oct. 8. It boasts a 7-inch screen, up from the 6.2-inch LCD of the original Switch. But thanks to the new model's smaller bezel, both systems are roughly the same size.

In Japan, the OLED model will carry a suggested retail price of 37,9

Brahma Chellaney is a geostrategist and author of nine books, including "Asian Juggernaut: The Rise of China, India and Japan."

Chinese President Xi Jinping recently said that China should strive to "make friends" rather than enemies and be seen as a "credible, lovable and respectable" power. But Xi's own draconian, expansionist actions at home and abroad continue to undermine China's global image.

In Asia, Xi's aggressive revisionism and coercion have roiled relations with countries extending from Japan and the

HONG KONG -- Shares in Didi Global fell nearly 20% Tuesday as the U.S. stock market priced in the impact of the ride-hailing company's head-on collision with Chinese regulators.

The New York-listed stock opened at $11.78, well below last week's IPO price of $14, later narrowing its losses to close at $12.49. Its market cap sunk to around $60 billion, down from more than $

TOKYO -- Nissan Motor plans to compensate parts makers that join with it in developing electric vehicles so as to share burdens and deepen collaborative relationships, Nikkei has learned.

The Japanese automaker will bear the suppliers' costs when they miss an order or postpone development, aligning itself with a global trend as emerging EV makers from China and elsewhere boost their market presence with budget models.

Under its new Alliance Strategic Partner framework, Nissan will increase the joint development efforts it undertakes with parts makers, working closely with them from the early