DealStreetAsia
Akalarp Yimwilai quits as director of crypto exchange Zipmex Asia
Company says talks with potential investors not making progress
Companies
Companies
Sony eyes listing for heavyweight finance unit
Japanese conglomerate examining partial spinoff of Sony Financial Group
Business deals
NTT, JERA plan Japan's largest acquisition in renewables
$2bn offer for Green Power Investment comes amid competition for wind, solar sites
Markets
Global investors seeking stability send Japan stocks to 20-month high
Nikkei average back above 30,000 on steady economy, monetary outlook
Automobiles
Tesla restarts India market talks, proposing new factory: source
EV maker returns to table despite New Delhi's refusal to cut import tax
China tech
Tencent posts strong quarterly result on China's COVID reopening
Q1 revenue up 11% as most of the tech company's key sectors grow
Automobiles
Indonesia EV show attracts Chinese manufacturers
Wuling, DFSK and others bet on growing market despite still limited demand
DealStreetAsia
Indonesia-focused East Ventures raises $250m for latest fund
First round close of Growth Plus vehicle pushes firm's funds raised to $835m
Energy
Vietnam's top refinery at risk of shutdown with debt talks stalled
Gasoline shortage possible as Hanoi balks at payment extension for project with Japan
Semiconductors
Kyocera plans $3bn in chip spending to meet AI demand
Investment to more than double over previous three-year period
China tech
Baidu to ensure AI won't 'hallucinate' on sensitive topics: CEO
Chinese search giant's Q1 results beat expectations
Technology
Singapore's Sea hit by slower revenue growth amid profitability focus
NYSE-listed tech company posts second straight quarterly profit with cost cutting
Semiconductors
Fujifilm to invest $110m in Taiwan chip material production
Japanese company to build new plant and expand facilities on the island
Technology
Mitsubishi Corp., others make $73.6m bet on fusion power in Japan
Consortium will invest in Tokyo-based startup, aim for early commercialization
DealStreetAsia
Indonesia's Saratoga to cut natural resources investment exposure
Firm aiming to invest up to about $150m in renewable energy, health care this year
Electronics
Chinese charger maker Anker pursues Xiaomi-like diversification
With nearly all its sales overseas, company makes forays from vacuums to headphones
Semiconductors
Japan's advanced chipmaking suppliers help prompt Samsung to open hub
U.S.-China tech war, founder's philosophy also behind new research facility in Yokohama
Finance
Top Japan banks' upbeat forecast dimmed by U.S. worries
High interest rates and regional bank failures raise red flags in growth market
Business trends
EVs replace smartphones as earnings driver for Japan parts makers
Net profit at Kyocera, TDK, other big players set to rise for first time in two years
Companies
Microsoft wins EU antitrust approval for Activision deal vetoed by U.K.
Proposed commitments 'fully address' concerns, European competition watchdog says
