Business

CP All restructuring plan rejected as shareholders deliver 96% "no" vote CP All shareholders overwhelmingly rejected the CP All restructuring proposal on May 29, 2026, with 96% opposing the transfer …

Japan confronts naphtha supply risks after Middle East strikes, raising alarm over medical disposables Japan moves to diversify naphtha supply chains after Feb. 28 strikes on Iran disrupted petrochemical feedstocks …

Japan’s Record Yen Intervention: Ministry of Finance Spends ¥11.7 Trillion in One-Month Rescue Yen intervention: Japan spent a record ¥11.7 trillion from April 28 to May 27 to counter selling …

Mitsubishi Pajero Revival: Automaker to Restart Production in Thailand Mitsubishi revives the Pajero due to strong customer demand, shifting production to Thailand as part of a wider Southeast Asia growth …

MediaTek confirms Intel collaboration for advanced chip packaging alongside TSMC MediaTek teams with Intel for advanced chip packaging alongside TSMC, expanding options for AI-focused customers and boosting foundry competition for …

Li Auto posts $340 million first-quarter loss amid China EV price war Li Auto posts a $340 million Q1 loss as China’s fierce electric vehicle price war squeezes margins; the …

Japanese steelmakers accelerate investments in India to localize high-end production Japanese steelmakers investing in India are deepening partnerships and expanding local production to supply the country’s booming autos, infrastructure and …

Kakao labor dispute escalates as union presses for larger profit share Kakao labor dispute intensifies as Kakao Corp. and its union clash over profit-sharing demands, echoing Samsung union wins and …

Foxconn to Ship New Data Transmission Technology for AI Infrastructure This Year Foxconn will begin shipping a new data transmission technology for AI infrastructure in 2026, CEO Young Liu announced …