Former US Ambassador throws support behind Toshiba board chair
TOKYO (Reuters) -- Former U.S. Ambassador to Japan John Roos on Saturday endorsed the continued leadership of Toshiba Corp Board Chairman Osamu Nagayama, who has come under intense pressure to resign amid a deepening crisis at the Japanese conglomerate.
Both Nagayama and Roos served as independent directors at Sony Group Corp's board when the electronic giant emerged from a turbulent earnings period to a sharp recovery.
"I am convinced Toshiba's shareholders will benefit from him continuing to provide his steady hand and strong leadership,"
Nissan's iconic Skyline sedan reaches the end of the road
TOKYO -- Nissan Motor is pulling the plug on the development of its signature Skyline sedans after 64 years.
The Skyline was the first Nissan model to be made and is arguably the company's most iconic, although it is sold under the Infiniti brand in some overseas markets.
The high-end Skyline was emblematic of Japan's robust economic growth in the 1960s and 1970s, when private car ownership took off in Japan, reshaping the social and cultural fabric of everyday
Rediscovering 'tipsy cheek' and other forgotten Chinese colors
NINGBO, China -- While Chinese nowadays are used to the standard Pantone colors, their ancestors enjoyed a far richer array of "poetic" colors inspired by nature. In the Southern Tang dynasty, for instance, the color "heaven-water green" was accidentally discovered when a swath of green silk became drenched by dew overnight. Since dew was considered water from heaven, this gentle shade of green became a playful invention of nature.
Traditional Chinese colors have their roots in everything from astronomy to geography and even everyday food

Japan's eRex plans coal-to-biomass power plant conversion
TOKYO -- A biomass power plant operator in Japan is in the process of purchasing coal-fired plants from a major power company and other parties that it plans to refit so that they burn its cleaner fuel, Nikkei has learned.
eRex has entered into talks with companies that own coal-fired plants in Japan's Kanto, Hokuriku and Shikoku regions. The biomass plant operator is looking to acquire about four coal-fired plants of about 150,000kW to 500,00
Chinese AI startup SenseTime resumes push for $2bn Hong Kong IPO
HONG KONG -- Chinese artificial intelligence startup SenseTime has revived plans for an initial public offering in Hong Kong that could raise as much as $2 billion, two people familiar with the matter say.
SenseTime is working with advisers to finalize a listing application with the Hong Kong stock exchange, the sources said. Approval is required, and listing typically occurs three to six months after the application is filed.
SenseTime last year deferred plans for an IPO after the U.S. blacklisted it and seven other Chinese technology companies in
North Korean hack targets South's nuclear power research
SEOUL -- North Korean hackers conducted a cyberattack against a South Korean nuclear energy research organization last month and may have stolen valuable technology, a South Korean lawmaker said Friday.
The attackers targeted the state-run Korea Atomic Energy Research Institute. IP addresses linked to the "kimsuky" hacking unit within Pyongyang's Reconnaissance General Bureau were found to have connected to the organization's internal networks on May 14.
"Government agencies are currently assessing the damage," the institute told Nikkei.
The incident was disclosed by
Coupang founder drops all South Korean posts to focus on global push
SEOUL -- The founder of leading South Korean e-tailer Coupang has stepped down from all positions at the group's domestic unit, as he focuses on the international segment.
Kim Bom-suk resigned as board chairman and registered director of Coupang Korea effective May 31. He has been replaced by Kang Han-seung, who is serving double duty as the company's president.
Kim, who is Korean American, will devote his time to Coupang Inc., which leads the global business and listed on
Renesas to restore full capacity at fire-hit chip plant this month
TOKYO -- Renesas Electronics expects to restore full production capacity at a key semiconductor factory by the end of June following a fire there three months ago, though how quickly the automotive supplier can bring shipments back up to speed remains unclear.
The N3 building at the Naka factory, which produces mainly automotive microcontrollers, shut down after the March 19 incident. More than 95% of the facility's capacity has been restored since its April 17 reopening, a source familiar with the matter said. Further adjustments

Power unit of Thailand's PTT makes $635m pivot to Asia green energy
BANGKOK -- The power-generating subsidiary of PTT, Thailand's state-owned oil and gas group, will invest 20 billion baht ($635 million) in renewable energy in India, China and elsewhere in Asia, stepping up a shift from fossil fuels to cleaner energy sources.
Global Power Synergy said it is borrowing up to 20 billion baht from PTT for investment chiefly in solar and wind projects. The aim is to have 30% of the power it generates from renewables, including
Japan investment rules weren't abused in Toshiba affair, minister says
TOKYO -- Japan's industry minister on Friday again dismissed a recent report's finding that the government went beyond its authority to interfere in a Toshiba shareholders meeting, asserting that there were "no problems" with how the foreign investment law was applied.
Speaking to reporters, Hiroshi Kajiyama also denied that the Ministry of Economy, Trade and Industry had asked a former adviser to influence foreign investors or that confidential information was shared illegally with Toshiba.
"It's natural for us to take an interest in technologies and
