Mitsubishi Electric CEO Sugiyama quits over fake inspections
TOKYO -- Mitsubishi Electric President and CEO Takeshi Sugiyama said he will resign after revelations that the company used a computer program to generate falsified data for equipment going back as far as the 1980s.
"Problems ... have occurred in recent years, and I am keenly aware of my responsibility for damaging trust," Sugiyama said in a news conference on Friday. "I have decided that I will resign as president and that a new system is necessary to work to restore trust."
The news
Mitsubishi Electric president Sugiyama to quit over fake inspections
TOKYO -- Mitsubishi Electric President Takeshi Sugiyama said he will resign after revelations that the company used a computer program to generate falsified data for equipment going as far back as the 1980s.
"Problems such as labor and unauthorized access have occurred in recent years, and I am keenly aware of my responsibility for damaging trust," Sugiyama said in a news conference. "I have decided that I will resign as president and that a new system is necessary to work to restore trust."
The news conference
Indonesian media king wants to turn TV viewers into bank clients
JAKARTA -- After conquering Indonesia's broadcast market, MNC Group founder and Executive Chairman Hary Tanoesoedibjo is seeking to tap his extensive media audience to fuel a new engine of growth: digital finance.
MNC is Indonesia's largest media conglomerate, with its popular television shows reaching every corner of Southeast Asia's most populous country. Tanoesoedibjo outlined to Nikkei in an interview his plan to ramp up new online banking operations by reaching the underbanked.
Founded in 1989 as a securities company, MNC Group has since

COVID tracing apps subject to cyberattacks during Olympics
TOKYO -- A yearlong postponement may have bought Tokyo more time to prepare for the first pandemic-marred Olympics, but it also gave cybercriminals a bigger window to target the event.
The Japanese Olympic Committee's revelation last week that its computers and servers were attacked in April was not an isolated incident, with U.K. and U.S. officials announcing as early as October that Russian military intelligence had launched attacks on the Tokyo 2020 organizing committee.
HIgh-profile and logistically complex events like
India's look east policy should start with Myanmar
Subir Bhaumik is a former BBC and Reuters correspondent and author of five books on South Asian conflicts.
Popular resentment at China's involvement in Myanmar and attacks on Chinese businesses there has intensified since the Feb. 1 coup that ousted the elected National League for Democracy government. India, another friendly neighbor of Myanmar, has not drawn the ire of protesters in the way that China has. But New Delhi's policy paralysis on Myanmar was reflected in its abstention on June 19 in a U.N. General Assembly

Tokyo and Singapore trail Melbourne in 'digital nomad' ranking
SINGAPORE -- The COVID-19 pandemic has proved that for many, it is possible to work just about anywhere with an internet connection. A new ranking, however, shows some places offer more advantages for "digital nomads" looking to do their jobs or freelance abroad -- whenever border restrictions permit.
Asian cities broadly lag behind on the list of the best spots to live and work remotely, released Thursday by European online housing platform Nestpick. Tokyo placed sixth and Singapore seventh, as the region's only

Myanmar rights advocates blast Australian inertia on sanctions
SYDNEY -- "Shameful," "crazy," "unconscionable" -- Australia's government is coming under heavy criticism from experts, activists and opposition politicians for what they see as its tepid response to the violence in Myanmar.
The U.S., U.K., Canada and the European Union have imposed sanctions against 38 senior Myanmar military figures since Aung San Suu Kyi's elected government was ousted on Feb. 1. Seventeen businesses with ties to the military have also been sanctioned,
Shenzhen skyscraper shakes up Chinese thinking on growth
GUANGZHOU -- In May, a skyscraper in the southern Chinese city of Shenzhen suddenly started to shake, sending people rushing to evacuate.
Two decades ago, an essay analyzing the construction project for the building was eerily prescient, in that it pointed out the dangers of overzealously pursuing speed and efficiency. It highlighted the societal distortions caused by this outlook, which seems to have taken root throughout China.
On May 18, SEG Plaza in Shenzhen's largest electronics shopping district started shaking so much as to be visible from

Apple and Intel become first to adopt TSMC's latest chip tech
TAIPEI -- Apple and Intel have emerged as the first adopters of Taiwan Semiconductor Manufacturing Co.'s next-generation chip production technology ahead of its deployment as early as next year, Nikkei Asia has learned.
The development shows how TSMC continues to be vital to U.S. companies' chip ambitions, even as Washington attempts to bring more semiconductor production to American soil.
Apple and Intel are testing their chip designs with TSMC's 3-nanometer production technology, according to several sources briefed on the matter,
TikTok ups video limit to 3 minutes as competition heats up
PALO ALTO, U.S. -- TikTok, the online platform known for hosting super-short videos, is edging into longer-format territory as competition in user-generated videos heats up.
The company, owned by China's ByteDance, announced on Thursday that users will be able to upload 3-minute clips, triple the platform's original limit. Last week ByteDance launched a web version of Douyin -- the Chinese version of TikTok -- as part of its broader push into the longer-