TOKYO -- Tired of merely supplying parts for Western aircraft, major Japanese engineering companies including IHI and Mitsubishi Heavy Industries are joining forces with Japan's space agency on research and development in supersonic passenger jets, seen as a key step in the next generation of transportation.
Their new public-private initiative, Japan Supersonic Research, was announced Wednesday. Members also include Kawasaki Heavy Industries, Subaru and Japan Aircraft Development Corp. The group aims to participate in international projects with such companies as Boeing, starting around 203
K-pop tirade reveals Kim Jong Un's desperate need for a hit
William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."
K-pop tunes and flashy dance moves are many things to many people. High art to some; a lunge to mute for others. For the rest, a potent sign of the economic potential of South Korea's cultural-industrial complex.
Could K-pop boyband BTS also be an unlikely weapon against North Korea? One that uber-hawks in Washington
Asian powers plot to fill US vacuum in Afghanistan
NEW YORK -- Forty-eight hours after meeting with Turkish President Recep Tayyip Erdogan in Brussels, U.S. President Joe Biden met Wednesday with another leader of a country Washington has thorny ties to: Russian President Vladimir Putin.
As with Turkey, Biden seeks to build a constructive relationship with Russia as he tries to reestablish America's international alliances and partnerships. He also wants to clear his desk while setting his sights on China, Washington's primary "strategic competitor." But an additional factor driving Biden
Emerging Asia faces capital outflow risk as Fed signals rate hike
SINGAPORE -- Capital has started to pour out of Asian emerging markets as coronavirus outbreaks slow the region's economic recovery while investors price in the likelihood of interest rate hikes in the U.S. and Europe.
International investors sold $500 million more stocks and bonds than they bought in Asian emerging markets in May, according to the Institute of International Finance. It marks the first net outflow since December last year. When the data excludes China, whose economy bounced back quickly from its first COVID-1
War on cybercrime demands global campaign: Kaspersky Lab CEO
MOSCOW -- International cooperation is crucial to fighting hackers, Kaspersky Lab CEO Eugene Kaspersky told Nikkei in a recent interview, at a time when Chinese cybercriminals are more actively targeting Japan.
The Moscow-based company offers antivirus software and other information security products. It detects average of 360,000 new malicious applications a day, up 20% to 25% since the coronavirus began spreading worldwide in the spring of 2020, the CEO said.
Many attacks are carried out by Russia
China's subjugation of ASEAN is a great leap backward for Myanmar
Jason Tower is Myanmar country director, United States Institute of Peace.
Almost as if coordinated, China and the Association of Southeast Asian Nations took major steps toward recognizing Myanmar's newly minted military dictatorship within a day of each other in early June.
In Yangon, the Chinese embassy issued a statement after the ambassador's first meeting with the junta chief, referring to the general as "Myanmar's Leader." Meanwhile, ASEAN's indirect endorsement came in the form of a statement summarizing the purported success of
War on cybercrime demands global campaign: Russian security expert
MOSCOW -- International cooperation is crucial to fighting hackers, Kaspersky Lab CEO Eugene Kaspersky told Nikkei in a recent interview, at a time when Chinese cybercriminals are more actively targeting Japan.
The Moscow-based company offers antivirus software and other information security products. It detects average of 360,000 new malicious applications a day, up 20% to 25% since the coronavirus began spreading worldwide in the spring of 2020, the CEO said.
Many attacks are carried out by Russia
Nikkei 225 High Dividend Yield 50 Index to be reshuffled
TOKYO -- Nikkei Inc. will reshuffle the constituents of the Nikkei 225 High Dividend Yield Stock 50 Index on June 30 after a periodic review.
INPEX Corp., Nippon Yusen K.K. and SoftBank Corp. will be added as new constituents, while Tokai Carbon Co., and NSK will be removed from the index.
When NTT Docomo was taken off the index in October last year, it was not replaced, which reduced the number of constituents to 49. From June 30
Shares of 'China's Invisalign' rise up to 183% in Hong Kong IPO
HONG KONG -- Shares of Angelalign Technology nearly tripled in price in the debut of China's version of Invisalign in Hong Kong on Wednesday, a performance that may put to rest concerns the city's IPO market was running out of steam.
Shares in Angelalign climbed as high HK$490 from their issue price of HK$173. The shares ultimately closed at HK$400.20, marking the best first day for a Hong Kong initial public offering of at least $
Escalating Myanmar bombings cause civilian casualties
YANGON/BANGKOK -- Four and half months after an inconclusive coup on Feb. 1, bombings are on the rise in Yangon, Mandalay, Bago and other cities in Myanmar, targeting government offices, schools and security forces, after the military gained the upper hand over widespread street protests.
A gift that appeared to be an electric stove exploded during a wedding reception in Yangon on May 25, killing the bride and two relatives of the groom. Eight guests were also wounded. The gift-wrapped bomb was brought
