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13.09.2024 0:12
JD Vance says GOP should threaten a shutdown WASHINGTON Sen. JD Vance suggested that it could be in Republicans' best interest to threaten a government shutdown ahead of an impending funding deadline, asking, Why have a government if its not a functioning government? Vance, the Republican vice presidential nominee, made the remarks in an interview Wednesday on the Shawn Ryan Show.

13.09.2024 1:05
Pakistan needs to learn lessons from failed Iran gas pipeline project - Nikkei Asia Vandana Hari is founder of Vanda Insights, a Singapore-based global energy market intelligence provider.Pakistan has no good options in navigating the legal quagmire and Iran's ire after failing to complete a natural gas pipeline connecting the two nations a whole decade after construction was originally meant to conclude. Missing out on a much-needed supply of a relatively clean fossil fuel -- the project stands next to nil chances of materializing -- is a double blow for Islamabad.

13.09.2024 1:16
Japan companies reap nearly $56bn in 3 years from divestments - Nikkei Asia TOKYO -- Japanese listed companies earned almost 8 trillion yen ($56 billion) from selling shares in subsidiaries and affiliates over the past three years, the highest tally since the 2008 global financial crisis, as they sought to put shareholder money to better use.The figure for last fiscal year alone came to about 2.5 trillion yen, the third largest after fiscal 2018 and fiscal 2022, which saw big sales by Toshiba in the former year and Hitachi and Marubeni in the latter, cash flow statements show. The figures exclude cross-shareholdings and short-term securities.

13.09.2024 1:27
13.09.2024 1:28
Macao's former top judge to run unopposed in leadership race - Nikkei Asia HONG KONG -- Macao's upcoming election for chief executive will again have just one candidate -- this time Sam Hou-fai, former president of the Court of Final Appeal -- after the Chinese territory's application period for candidates closed on Thursday.A candidate needs the nomination of at least 66 of the Chief Executive Election Committee's 400 members, who represent various fields. Sam drew support from 383, or nearly 96% of the members.

13.09.2024 2:00
Japanese auto parts makers scramble to prepare for EV shift - Nikkei Asia TOKYO -- Nearly eight decades ago, the forerunner of KYB Corp. latched onto the automotive sector when Japan's defeat in World War II ended its previous business supplying hydraulic devices for military aircraft.These days, company officials are once again looking to adapt KYB's know-how to a new area as its main product line -- conventional automotive shock absorbers that make use of its original hydraulic expertise -- is under threat due to commitments by Japan and other governments to reach net-zero carbon emissions.