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Mitsubishi Heavy expects profit surge as Japan eases arms export rules
Companies Defense contractor touts frigate sales abroad as contributing to regional security Mitsubishi Heavy Industries’ military hardware includes warships like the destroyer “Yoshii”, launched here at its Nagasaki Shipyard in Japan last December. (Photo by Taro Fujii) TOKYO — Mitsubishi Heavy Industries expects full-year net profit to surge as it benefits from the Japanese government’s […]
Bond yields jump in Japan and South Korea as US-Iran talks snag
Markets Higher energy prices stir inflation fears; stock markets choppy 10-year Japanese government bond yields jumped to 2.545% on May 12, a level not seen since June 1997. (Photo by Arisa Moriyama) JADA NAGUMO May 12, 2026 14:28 JST Updated on May 12, 2026 16:22 JST TOKYO — Inflation worries stemming from the ongoing conflict in […]
Chinese rare-earth miners bullish ahead of Trump-Xi summit
Materials Earnings rise on higher prices as importers face battle to curb China dominance People gather at the rare-earth elements production section of an exhibition on China’s manufacturing achievements at the National Museum in Beijing on March 24. © Reuters TOKYO — Chinese rare-earth miners are coming off strong years and staying bullish ahead of […]
South Korea floats using AI profits for ‘people’s dividend’
Technology President’s policy chief suggests redistributive measure to ease AI-driven inequality The administration of South Korean President Lee Jae Myung has floated the idea of having members of the public receive dividends from the massive profits of chipmakers. (Nikkei montage/Source photo by Reuters) SEOUL — A high-ranking South Korea policymaker suggested Tuesday that members of […]
China Inc.’s global growth curbs Trump tariff powers undercut by courts
Trump tariffs US president likely to find levy threat gives little leverage over Xi Jinping U.S. President Donald Trump is set to meet Chinese leader Xi Jinping in Beijing this week, as they look to preserve their trade truce. (Nikkei montage/Source photos by Reuters) SHANGHAI — When U.S. President Donald Trump talks trade with Chinese […]
Helium tank and solvent shortages latest Iran war pain for tech suppliers
Supply Chain Industry executives warn price and supply disruption to linger even if war ends (Nikkei montage/Source photos by Lauly Li and Kyodo) CHENG TING-FANG and LAULY LI KUALA LUMPUR/TAIPEI — Shortages of helium tanks and niche industrial solvents are pushing up prices and threatening to disrupt production in the tech supply chain as the Iran war […]
Bay of Bengal cooperation is critical amid the global crisis: BIMSTEC chief
BIMSTEC Secretary-General Indra Mani Pandey. The veteran Indian diplomat says the Bay of Bengal bloc is gaining momentum. (Photo by Toru Takahashi) DHAKA — Rising global geopolitical tensions underscore the need for stronger regional cooperation to address economic and security challenges, the chief of a bloc involving seven South and Southeast Asian countries said.
Japanese expats being sent home from Thailand as employers cut costs
Economy Recent exodus spurred by increased Chinese presence and rocky economy Isuzu is a major investor in Thailand and remains committed as other Japanese companies scale back their expatriate staff in the Southeast Asian country. (Nikkei montage/Source photos by Rie Ishii) DOMINIC FAULDER and YUKA KONISHI BANGKOK/TOKYO — Japan in recent years has dramatically reduced […]
ICC confirms arrest warrant issued for Duterte ally over drug war
Crime Lawmaker Dela Rosa currently under Senate’s protective custody Supporters of Sen. Ronald Dela Rosa, the chief enforcer of former President Rodrigo Duterte’s deadly “war on drugs,” hold a protest as Dela Rosa is placed under the protective custody of the Senate in Pasay City, Metro Manila, Philippines, on May 11. © Reuters RAMON ROYANDOYAN […]
Japan’s NEC seeks edge in undersea cable with high-capacity fiber
Telecommunication Company to invest $600m-plus in tech, cable-laying capacity as market grows Submarine cables are wound at a factory belonging to NEC subsidiary OCC. (Photo by Kyoko Hariya) TOKYO — Japan’s NEC is looking to hone its undersea cable technology to secure a bigger share of a critical market for international telecommunications, with plans to invest more […]