Shoppers check out a Huawei Mate XT foldable phone on display at the company's flagship store in Beijing on Sept. 10.
Business Spotlight

China's foldable phones herald conquest of OLED screen market

Samsung and LG see sales share sink as Beijing pushes supply chain localization

Fewer residential buildings are being developed in Tokyo, with suitable sites in short supply.
Property

New Tokyo condo listings plunge 50% as hotel developers snap up land

Residential projects held back by lack of new sites and rising costs

Customers shop at the new GU flagship store in New York's SoHo on opening day Sept. 19. (Photo by Mana Yumi)
Retail

Uniqlo sister brand GU aims for 'fastest' growth with New York opening

Clothing chain banks on rising demand for discount fashion amid inflation

Perovskite solar cells are light, flexible and efficient. (Photo by Tomoki Mera)
Business trends

China sees investment rush in bendable solar panels

Perovskite startups look to conquer emerging market with huge new plants

20 September 2024
A street in Shenzhen near where a 10-year-old boy was stabbed Sept. 18 on his way to a Japanese school. The boy died from his injuries on Sept. 19.
Business trends

Japanese firms scramble to ease worker anxiety after Shenzhen attack

Panasonic offers temporary returns to Japan, counseling for employees in China

20 September 2024
Honda Motor plans big increases in capital expenditures and R&D spending in fiscal 2024 to meet its electric vehicle sales goals. (Honda Motor)
Automobiles

Toyota, Honda to set capex and R&D spending records amid EV pivot

Japan automakers to boost total capital expenditures by 20% this fiscal year

20 September 2024
Seiko Epson has positioned industrial digital printers as a growth area. (Photo by Kohei Yamada) 
Business deals

Seiko Epson to buy U.S. printing software company for $590m

The deal for California-based Fiery is Japanese company's biggest since 2003 listing

19 September 2024
Stream article image
#techAsia

Tech's climate cost and TikTok's day in court

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

19 September 2024
China's yuan recovered all intraday losses on Sept. 19 to close near a 16-month high against the dollar.
Currencies

Chinese yuan closes near a 16-month high on rising stimulus hope

People's Bank of China expected to trim key interest rates on Friday

19 September 2024
KKR and Bain Capital go toe-to-toe to acquire Japanese systems developer Fuji Soft. (Source photos by screenshot from Fuji Soft's website and Yukinori Okamura)
Business deals

KKR deploys '2-step' counter to Bain in Fuji Soft takeover bid

With 30% of shares likely secure, new plan aims to acquire remaining at the same price

19 September 2024
Screens over food shelves will give Lawson customers individualized recommendations with the help of AI. (Photo by Tamayo Muto)
Retail

Lawson to launch 'Real x Tech' convenience store with AI, robots

Japanese retailer and KDDI telecom company create unique alliance after $3.5bn deal

19 September 2024
QR payment systems are becoming basic infrastructure in Southeast Asian nations. (Photos by Atsushi Tomiyama and Ken Kobayashi)
Finance

Malaysia and Cambodia lead QR payment expansion in ASEAN

Cross-border links and tourist services add to region's growing digital money usage

19 September 2024
A screen on the trading floor displays a news conference with Federal Reserve Chair Jerome Powell following the rate announcement on Wednesday.
Equities

Japan's Nikkei average rises 2.1% following U.S. rate cut

Yen's limited appreciation driving stocks higher, Monex says

19 September 2024
No global framework exists to govern AI and the United Nations should lay the foundations of the first 'globally inclusive' AI governance framework, a U.N. panel says in a report.
Artificial intelligence

U.N. urges AI cooperation as 118 countries absent from global talks

No formal international agency needed at this point, report says

19 September 2024
Island Hospital in Penang. The northern Malaysian state has become a hot spot for medical tourism. (Photo courtesy of IHH Healthcare)
Health Care

Malaysia's $900m hospital deal signals battle in medical tourism

Analyst predicts more M&As in growing sector after IHH's buyout in Penang

19 September 2024
This video grab shows a walkie-talkie that exploded inside a house in Baalbek, east Lebanon, on Sept. 18.
19 September 2024
A train on the Tohoku Shinkansen Line is stopped between stations in northern Japan's Miyagi prefecture on Sept. 19.
Transportation

Bullet train in northeastern Japan stops after cars disengage

No injuries reported, operator JR East says no derailment

19 September 2024
Women bake lavash flatbread the traditional way at the Tsaghkunk Restaurant and Glkhatun in the Armenian village of Tsaghkunk. (All photos by Veidehi Gite)
Life

Tsaghkunk puts 'cave cuisine' on your plate

Soviet and underground buildings showcase Armenia's unique culinary history

19 September 2024
The U.S. Federal Reserve cut interest rates on Sept. 18 in response to strong economic data.
Finance

Fed cuts rates for first time in 4 years, by half a percentage point

Yen at 142 to dollar following news of lower U.S. interest rates

19 September 2024
The March disaster killed six people and paralyzed a major transportation artery for the U.S. Northeast. (U.S. Army Corps of Engineers/handout via Reuters)
Transportation

U.S. sues Singaporean owner, operator of cargo ship that wrecked Baltimore bridge

Justice Department calls disaster 'entirely avoidable' result of 'foreseeable errors'

19 September 2024
The Kansai Electric Power-operated Takahama nuclear power plant in Fukui prefecture, Japan. Companies have increased hiring amid a lack of young nuclear specialists. (Photo by Tomoki Mera) 
Energy

Mitsubishi Heavy targets 200 new hires for nuclear power business

Japan looks to nuclear energy for decarbonization, spurring hiring rush

19 September 2024
A man walks past a Huawei company logo outside the entrance of a Huawei office in Wuhan, Hubei province, China.
Opinion

Huawei shows Chinese firms can profit by playing long game

Tech giant is challenging capitalist logic, and this is bad news for foreign rivals

19 September 2024
A U.S. Steel plant in Pennsylvania.
Business deals

U.S. authority postpones decision on Nippon Steel deal

Maintaining American jobs and opposition to tariffs two issues that need to be addressed

19 September 2024
In Xi Jinping's China, local government officials are using a metaphor about selling woks as scrap metal as they struggle to pay down their mountains of debt. (Nikkei montage/Source photos by Getty Images and Yusuke Hinata)
China up close

Analysis: 'Smash iron woks' -- a Great Leap Forward idiom returns to China

A buzz phrase telling people to sacrifice everything reflects nation's current plight

19 September 2024