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Australia unveils gas reservation system aimed at lowering domestic prices
Energy Government says plan will help create ‘downward pressure’ and ward off shortages Australian LNG Tanker Northwest Sandpiper is at anchor in Yokohama port, near Tokyo, on April 12, 2022. © AP CANBERRA — The Australian government on Thursday announced a plan that will require east coast gas producers to reserve a portion of their supply […]
US trade complaint triggers Vietnam piracy crackdown: 5 things to know
Trade Hanoi’s clampdown on fake goods seen as move to secure access to US export market Counterfeit products openly on sale in a Ho Chi Minh City mall. Some experts believe Vietnam’s trade surplus might have made it a U.S. target for intellectual property scrutiny. © Reuters HO CHI MINH CITY — The U.S. released a report on […]
Japan energy crises and the importance of having a Plan B
Comment PM Takaichi could learn from tough political choices during 1970s oil crunch Japanese Prime Minister Kakuei Tanaka meets with U.S. Secretary of State Henry Kissinger. (Photo acquired by Nikkei) TOKYO — As Japan faces its worst energy crisis since the 1970s due to the Iran war, a look back at how it weathered the last […]
MediaTek launches Taiwan’s most advanced data center to maintain AI edge
Semiconductors Chipmaker to use Nvidia-powered facility for own research and development work MediaTek took the wraps off its immersion-cooled AI data center on Thursday, with Taiwan’s Gigabyte assembling its servers and key hardware coming from Intel and AMD. (Photo by Cheng Ting-Fang) MIAOLI, Taiwan — MediaTek, the world’s leading mobile chip developer, is building Taiwan’s most […]
AI threatens India’s software exporters and the middle class it built
The arrival of artificial intelligence is threatening the core business model of manpower-based billing, as clients now gravitate towards rewarding impact over input. (Nikkei montage/Source photos by Reuters) BENGALURU — In the mid-1990s, dinner table conversations at Rajdeep Palchowdhury’s one-bedroom tenement in the eastern Indian city of Kolkata often revolved around his future. Almost every […]
Philippine GDP growth slows to 2.8% as Iran war batters economy
Economy Economist predicts further slowdown in Q2 as inflation soars Jeepney drivers gather to receive government cash aid in Manila on April 16. Transportation workers are among those hit hardest by soaring fuel prices in the Philippines, which imports 98% of its oil needs. © Reuters RAMON ROYANDOYAN May 7, 2026 11:06 JST Updated on […]
Malaysia grapples with securing real-time payments in the AI era
Technology ASEAN collaboration also in the spotlight as cross-border QR transactions surge QR payments in Malaysia surged to about 3.48 billion in 2024, up from 109 million five years earlier, a more than thirtyfold increase. They remain on the rise. © Visa Malaysia KUALA LUMPUR/SINGAPORE — Malaysia’s real-time payments system is entering a phase of greater […]
Did Japan raise yen intervention line to 157? Sharp volatility draws speculation
Currencies Some market players think authorities have stepped in repeatedly since last week An exchange rate of 160 yen to the dollar was previously seen as the level at which Japanese authorities would intervene. (Photo by Akira Kodaka) GENKI IKUTA, YOSHINARU SAKABE and TARO SAEKI TOKYO — The yen’s exchange rate against the dollar has continued […]
Mitsubishi Heavy wants bigger bang for its buck to match GE Vernova, Siemens
Energy Japanese group aims to raise gas turbine production with less investment A gas turbine contains roughly 30,000 parts. (Mitsubishi Heavy Industries) EISAKU NITTA and MASASHI ISAWA TOKYO — Mitsubishi Heavy Industries is betting it can increase production of gas turbines for power plants while spending far less than global competitors by rethinking every step of […]