At least 21 people, including foreign tourists, were killed in a fire at a hotel in India's capital Delhi. Following the casualties, authorities said they are reviewing the hotel's fire-safety inspections.
Bank of Japan Governor Kazuo Ueda said the policy board will 'discuss' the option of a rate hike despite global uncertainties. Nikkei Asia reported that the comments were closely watched in the yen and government bond markets.
According to traders, the Reserve Bank of India (RBI) intervened in the FX market to limit the rupee's decline against the dollar. The currency has been testing new lows.
Sailors who have been stuck on their ships for months because of the Strait of Hormuz blockade are showing serious signs of stress and exhaustion. BBC Asia spoke with families and seafarer unions.
Japan's leading defence-industry company Mitsubishi Heavy Industries has signed a partnership with local technology firm Preferred Networks to build defence-oriented artificial-intelligence models trained domestically. According to Nikkei Asia, the project is positioned as part of Japan's 'AI sovereignty' agenda.
South Korea's SK Hynix has announced it will double wafer production capacity to respond to a global memory-chip shortage. According to the Straits Times, the company's chair said the storage-chip deficit could endure until 2030.
Japan's Prime Minister Sanae Takaichi is preparing to make a final decision this month on cutting the consumption tax on food to 1%, according to Nikkei Asia. The move could mark a meaningful turning point for household budgets and inflation policy.
South Korean chipmaker SK Hynix plans to double its wafer capacity over the next five years to keep pace with AI-driven demand, according to Nikkei Asia. The plan signals a meaningful capacity build in the global memory supply chain.
Representatives from the US Indo-Pacific Command and the Chinese People's Liberation Army Navy held maritime military safety talks in Honolulu, Hawaii. The two sides discussed contact protocols in the Taiwan Strait and the South China Sea. The Pentagon and Beijing said the meeting was 'candid and constructive'.
SoftBank Group CEO Masayoshi Son announced a $75 billion data centre investment in France to address rising electricity demand from artificial intelligence. The first phase covers two sites in Lyon and Marseille totalling 2 GW of capacity. The joint announcement with French President Macron confirmed an EDF nuclear-power partnership.