Telecommunication
NTT doubles down on AI, data centers with $60bn investment
Japanese telecom to create new unit for next-generation optical network tech
Companies
Finance
Shinsei Bank's bid to go private marks latest push toward bailout exit
Shares still trade at deep discount to level for repaying funds from decades ago
Semiconductors
Foxconn accelerates drive for in-house EV chips
Apple supplier turns to auto assembly to reduce reliance on thin-margin iPhones
Technology
Ex-NBCUniversal ad chief Yaccarino named new Twitter CEO, Musk says
Hire will free Tesla chief to focus on EV business, analysts say
Finance
Japan's top banks expected to hit 9-year profit high of $19bn
U.S. rate hikes boost earnings, but recession risk clouds outlook
Energy
South Korea's KEPCO racks up losses amid pressure to limit power bill hikes
Energy costs soar, but rate increases held down as 2024 general election looms
Business deals
Japan's Shinsei Bank to go private in SBI's $1.1bn takeover bid
Parent aims to repay government bailout from 2 decades ago
Automobiles
More than 2m Toyota users face risk of vehicle data leak in Japan
Admission of error comes as carmaker makes push into connected services
DealStreetAsia
Singapore's Flash Coffee closes Series B funding round at $50m
Grab-and-go chain to use fresh capital for Asia-Pacific expansion
Retail
Japan's Rakuten posts $564m Q1 loss on weak mobile business
Company to sell its stake in Seiyu supermarket chain to KKR to raise cash
Business deals
Nippon Express Holdings to buy Austria's Cargo-Partner for $743m
Japanese shipper hopes to become more internationally competitive with buyout
Semiconductors
China's SMIC foresees better Q2 on rush of domestic chip orders
Supply chain reshuffles benefiting chipmaker for now, says co-CEO
Retail
H&M returns to Tokyo's Ginza with cafe and interior goods
Clothing maker shows environmental bent with recycling program, organic coffee
Technology
SoftBank poised to emerge from 'defense mode' with $38bn in coffers
Japanese tech giant weighs balance with 'offense' through renewed investment
Automobiles
Nissan, Honda see double-digit profit gain as chip shortage eases
EV development costs, higher rates cast shadow over bullish forecast
Education
Japan's Smile Zemi home learning tablets to make U.S. debut
JustSystems says devices raised test scores in elementary school trials
Automobiles
Kia aims to sell 1m custom electric delivery trucks, taxis in 2030
South Korean automaker sees opening in market where major companies lag
China tech
JD.com CEO Xu Lei to step down after only 1 year at post
Leadership change comes as Chinese e-retailer's Q1 results beat expectations
Automobiles
South Korea's Hyundai to invest $2.45bn in Indian state
Move is part of drive to boost electric car production in South Asian nation
Technology
Foxconn will seek management changes at Sharp if losses persist
Key iPhone assembler sees earnings plunge 56% due to display market woes
