Nikkei Staff Writers
Stories by Nikkei Staff Writers
Singapore gets Big Pharma rush to invest in plants for aging region
Pfizer, AstraZeneca and Novartis to expand production for cancer and other drugs
Japanese flea market operator Mercari lays off almost half its US workforce
Consumers hunting for deals are turning to sites like Temu.
Ant Group splurges nearly $3b on R&D spending in 2023 for AI, Alipay
Ant has been developing a proprietary LLM called the Bailing foundational model.
AirAsia eyes ‘next level’ of growth with major restructuring
AirAsia says that over the next five years, it plans to connect SE Asia to Europe, Africa, Central Asia and North America.
With home market saturated, Japan’s 7-Eleven, Lawson speed up APAC expansion
Lawson plans to open around 6,800 new stores in China and SE Asia.
CVC Capital agrees to buy Japanese pharmacy operator Sogo Medical for $1.2b
CVC intends to expand Sogo Medical's scale of business.
Japan’s Nippon Life to buy nursing care provider parent Nichii for $1.4b
Japanese insurer aims to close deal as soon as possible, pending FSA approval.
Japanese megabank SMFG to launch $210m venture fund to develop unicorns
SMFG will launch the fund in partnership with Global Brain.
Singapore bets on AI, alternative food talent in new visa scheme
Analysts say upcoming point-based criteria is forcing companies to rethink hiring.
GIC to buy Bain Capital-owned Japanese HR software developer for $2.6b
GIC will buy about half of Works Human's shares.