Economy
Top Japanese manufacturers agree to big wage hikes amid inflation
But higher prices seen offsetting gains in low-paying industrialized economy
Companies
Supply Chain
China decoupling spreads to software development
Fears grow that Chinese software components make apps open to attack
Transportation
Taiwan to buy bullet trains from Hitachi-Toshiba duo in $930m deal
Rail operator moves ahead with purchase of 12 trains to improve service
Companies
Peninsula hotel operator ready to resume Yangon project anytime
'Suitable' conditions sought in Myanmar after military takeover stalls work
Automobiles
Honda to convert existing U.S. factories to make EVs
Automaker reshuffles resources to form a fully integrated production chain
Semiconductors
Samsung Electronics to build five new chip plants in South Korea
Government says $230bn plan to strengthen semiconductor supply chains
DealStreetAsia
Mirova raises $171m for Asia, Africa blended finance debt fund
Sustainability-focused investment manager targeting $500m
Semiconductors
Mitsubishi Electric to quintuple silicon carbide power device output
Company to invest $700m in new Japanese plant
Companies
Nidec's hunt for Nagamori successor leads to 5 new vice presidents
Outside committee will pick one as the next president in April 2024
Companies
Philippines' Lopez Group looks to geothermal, LNG for future growth
Conglomerate seeks to offset collapse of media business after political frictions
Finance
Japan Post Bank's new stock offering valued at over $9bn
Retail investors are driving force behind massive share sale
Transportation
Japan's ANA to lift revenue with new Tokyo-Europe routes
Some service to Asia to remain suspended through fiscal 2025 amid high fuel and labor costs
Finance
Biden says U.S. banking system is safe after SVB, Signature collapse
President vows that there will be stricter financial regulation
Aerospace & Defense Industries
IHI teams up with Northrop to monitor suspicious satellites
Japan-U.S. contractor alliance targets Tokyo's expanding defense budget
Finance
HSBC acquires U.K. arm of defunct Silicon Valley Bank
Operations sold for 1 pound in transaction that closed 'immediately' on Monday
Travel & Leisure
Indonesia's Traveloka eyes sustainability demand as tourists return
Online booking unicorn seeks 'quality' partnerships for wider ASEAN market share
DealStreetAsia
FMO pitches $11m investment in Indian microfinance company Arohan
Funds will be used to finance post-COVID growth, boost technology
Agriculture
Agrochemical makers sow seeds in nascent Indian market
Factory investments take aim at industry heavy on small rural farms
Opinion
Foreign companies are not all rushing back to China
Multinationals reassess whether local production and sales are still worthwhile
Retail
India's trendy thrift stores offer cheap alternative to fast fashion
Environmentally conscious young people turn to secondhand clothing
