Sales of Yoma Strategic Holdings' StarCity condos have been robust. (Photo by Nikkei)
Myanmar Crisis

Yangon home prices surge as Myanmar war drives flight to safety

Yoma and other big companies benefit; real estate draws investors fearing currency drop

Tuvalu is expected to be a candidate to receive Japanese support for telecommunications infrastructure.
Telecommunication

Japan set to provide aid for South Pacific telecom infrastructure

NTT expected to play role in region that is nerve center for undersea communications

15 September 2024
Chinese automaker BYD's lowest-priced model in the U.S. would still be the cheapest in the market even with a 100% tariff, according to an industry analyst.
Electric vehicles

Chinese EVs still cheaper than Teslas in U.S. after tariff hike

Supply chain advantages help BYD and others compete on price

15 September 2024
Cathay Pacific showed off a new category of business class seat in Tokyo on Friday. (Photo by Tomonori Washida)
Transportation

Cathay Pacific takes business class higher as airline seats go premium

JAL, other carriers also join trend of higher-price upgrades to keep pace with costs

14 September 2024
Momotaro Jeans has opened a new store in Kyoto.
Retail

Japanese premium jeans maker lures global fans with deep indigo

Momotaro Jeans seeks to more than double sales over 3 years

14 September 2024
Power grids have become the primary bottleneck for expanding clean energy use in the U.S., Europe and Asia.
Datawatch

Renewable energy wasted worldwide due to lack of power grids

Power equal to 480 nuclear reactors unused in U.S. and Europe

14 September 2024
Big Ocean's Jiseok, Hyunjin and Chanyeon all have hearing loss. (Parastar Entertainment)
Media & Entertainment

Deaf K-Pop trio Big Ocean breaks boundaries in music

Using AI and sign language, group brings fresh take to entertainment scene

14 September 2024
Malaysia plans to introduce a heavier 'sugar tax' as the government tackles diabetes and other non-communicable diseases in the country.
Politics

Malaysia prepares heavier 'sugar tax' in bid to combat diabetes

Government to propose new levy on sweetened drinks in 2025 budget

14 September 2024
A Great Lakes Works sign is seen at the U.S. Steel Great Lakes Works plant in Ecorse, Michigan.
Business deals

Nippon Steel bid for U.S. Steel faces Sept. 23 review deadline, sources say

National security panel could grant request by companies to extend review another 90 days

14 September 2024
Hikers climb Mt. Fuji on the Fujinomiya trail on Sept. 10. This summer has seen a 17% decline in peak-day hikers on Japan's tallest mountain due partly to access restrictions on some trails.
Travel & Leisure

Mt. Fuji peak-day climbers drop 17% with overtourism measures

Popular trail sees 27% fall on busiest summer day after introducing $14 toll

14 September 2024
The Thai baht gained 6% against the dollar between Aug. 1 and Sept. 12 thanks partly to a rise in exports.
Currencies

Thai, Malaysian and Indonesian currencies gain as dollar weakens

Southeast Asia enjoys growth; political fears sink Turkish lira, Mexican peso

14 September 2024
Store associates check packaged meat on display at a Yonghui supermarket in Xi'an, China. (Photo by Kohei Fujimura)
Retail

Struggling Chinese supermarket borrows from tiny rival's playbook

Yonghui upgrades stores to replicate pioneer Pangdonglai's success

14 September 2024
Electric vehicle models on display in Beijing. The U.S. enacts a 100% duty on electric vehicles imported from China as well as a 50% tariff on EV batteries, effective Sept. 27.
US-China tensions

U.S. to start steep China tariff hikes on EVs, solar cells, on Sept. 27

Industry group warns of potential for disrupting chip-related supply chains

14 September 2024
An entrance examination at a university. Falling enrollment is especially a problem for private schools that rely on tuition. (Photo by Yo Inoue)
Education

59% of Japan's private universities miss quotas for new enrollment

Government eyes reforms as falling birth rate hits small and rural schools most

14 September 2024
A partnership between General Motors and Hyundai Motor would be the first of its kind between U.S. and South Korean automakers. (Source photos by Reuters)
Automobiles

GM pivots to Hyundai from Honda in shifting EV landscape

U.S. and South Korean partners aim to bring down costs to compete with Chinese rivals

14 September 2024
Chinese fintech heavyweight Ant Group fully took over HaoDF through an affiliate.
Business deals

Alibaba fintech arm Ant Group buys Chinese health platform HaoDF

Telemedicine grows in China as hospitals are sparse in some areas

14 September 2024
Tokyo Electron President and CEO Toshiki Kawai speaks to Nikkei about the Indian market and other topics on Sept. 11. (Photo by Ryosuke Hanada)
Semiconductors

Tokyo Electron looks to tap India's chip potential early on: CEO

Chip tool maker sees global semiconductor market reaching $5tn by 2050

14 September 2024
Shein and Temu account for over 30% of shipments qualifying for de minimis exemptions from tariffs, according to a congressional report.
Retail

China's Shein and Temu face end to tariff-free imports into U.S.

White House to propose rules to limit 'loophole' for small shipments

14 September 2024
The 7-Eleven operator has been designated as particularly critical to Japanese security. (Photo by Yuji Murakami)
Retail

Japan's Seven & i now a 'core business,' with tighter investment rules

But addition to security list seen having little impact on Couche-Tard's buyout offer

14 September 2024
Ford Motor plans to restart manufacturing at its factory in the southern Indian state of Tamil Nadu.
Automobiles

Ford to restart India car production 3 years after quitting

U.S. automaker plans to use mothballed Tamil Nadu plant to build vehicles for export

13 September 2024
PwC, one of the global Big Four accounting firms, is paying a heavy price for its relationship with defaulted Chinese property developer Evergrande.
China debt crunch

China slaps PwC with 6-month suspension over Evergrande audit

Accounting firm fined total of $62m, says it is 'disappointed' in mainland arm

13 September 2024
Ports-to-telecoms conglomerate Adani Group is chaired by its billionaire founder Gautam Adani, one of Asia's richest men.
Adani Group

India's Adani Group eyed in Swiss money-laundering case

Conglomerate blasts reports about case as 'preposterous, irrational and absurd'

13 September 2024
U.S. President Joe Biden delivers remarks at the United Steel Workers headquarters in Pittsburgh, Pennsylvania, on April 17.
Business deals

Nippon Steel and U.S. Steel send letter to Biden on merger plans

Move followed reports president was preparing to block deal; contents not disclosed

13 September 2024
The dollar-yen rate is shown on a screen at a trading desk in Tokyo on Sept. 13. (Photo by Yuji Murakami)
Currencies

Yen hits strongest level this year on speculation of big Fed rate cut

Japanese currency's surge comes just days after reaching previous high

13 September 2024