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Nickel prices stay high as Iran war adds to Indonesia output cut: S&P
Commodities Sulfur shortage and Jakarta’s pricing policy send battery feedstock value soaring A nickel processing plant operated by Vale Indonesia in Sorowako, South Sulawesi province. © Reuters ISMI DAMAYANTI and REZHA HADYAN JAKARTA — Nickel prices are expected to stay high throughout 2026 as Indonesia pushes its production cut plans and the Iran war disrupts […]
Asia’s airlines cut more flights as fuel prices soar
Transportation March passenger volume up 8.5% on Europe demand but uncertainty looms Planes sit on the tarmac at Kansai International Airport in Osaka. Some airlines have benefited from higher demand between Asia and Europe. (Photo by Hiromasa Matsuura) SINGAPORE — Rising fuel prices are prompting Asian airlines to cut more flights in the coming months, with a […]
Fanuc, Siemens tap manufacturing know-how in physical AI push
Robot maker Fanuc has partnered with U.S. chipmaker Nvidia to outfit its machines with AI. (Photo by Miki Hiasa) MIKI HIASA and EISAKU NITTA HANOVER, Germany — Manufacturers in Japan and Germany are stepping up the adoption of physical artificial intelligence, leveraging their real-world shop-floor data to boost production speed and precision.
Measures needed to expand ‘outside-China’ rare earths industry: Lynas CEO
Commodities Australian rare earths producer outlines strategy at Nikkei Asia forum Lynas Rare Earths CEO & Managing Director Amanda Lacaze speaks during the Nikkei Asia Forum in Perth on April 28. (Photo by Ken Kobayashi) TOKYO — Government measures are necessary to fuel growth and development of the rare earths industry in countries other than […]
Indonesia’s GoTo posts 1st quarterly net profit as fintech business surges
Technology Superapp also attributes turnaround to “premium” segment and AI strategy Indonesian superapp GoTo, which includes ride hailing service Gojek and online marketplace Tokopedia, reported its first-ever quarterly net profit on April 28. (Photo courtesy of GoTo) JAKARTA — Indonesian superapp company GoTo on Tuesday announced its first quarterly net profit ever, driven by rapid expansion of […]
BYD Q1 profit down 55% from year ago as it banks on overseas sales
Electric vehicles Revenue down but beats expectations, as carmaker moves from cut-price China market BYD showcases its 2026 Yuan Plus electric vehicle at the Auto China show in Beijing on April 24. (Photo by Shizuka Tanabe) HONG KONG — BYD on Tuesday posted a fourth consecutive quarterly profit drop, as China’s electric vehicle champion absorbed the […]
Bangladesh nears nuclear debut as energy crisis deepens
Energy Fuel loaded into first unit of Russia-built plant, but startup months away The Rooppur Nuclear Power Plant at Ishwardi in Pabna, Bangladesh, on Oct.4, 2023. With the start of operations later this year, the plant will offer a buffer against future energy shocks. © AP DHAKA — Bangladesh on Tuesday began loading fuel into the […]
South Korean lawmakers push back on US Coupang claims
Technology Dueling letters are latest phase in Seoul-Washington fight over e-commerce firm Coupang has built a massive customer base in South Korea with speedy deliveries of consumer goods and fresh food. (Photo by Ahn Seong-bok) SEOUL — A group of left-leaning South Korean lawmakers on Tuesday announced they had sent a letter to the U.S. ambassador […]