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Announcements

Nikkei 225 to add NRI and Muji owner in semiannual review

Replacement to remove Nippon Paper Industries and DIC, effective from Oct. 1

4 September 2024
A pedestrian crossing in Hong Kong in June. Japanese business sentiment in the city has been in negative territory for more than two years. (Photo by Ken Kobayashi)
Hong Kong security law

Hong Kong economic, security pressures sour Japanese business sentiment

Survey shows deepening concern over personnel exodus and information restrictions

4 September 2024
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Media & Entertainment

Nikkei wins top Japan media award for 3D visual explainers

Business daily recognized for interactives on Fukushima wastewater and JAL collision

4 September 2024
The Nikkei Stock Average was off by more than 1,500 points, or 4%, at one point on Sept. 4, driven lower by a sell-off in U.S. shares. (Photo by Sae Kamae)
Equities

Japanese stocks off 4% as U.S. tech stocks dive, led by Nvidia

Concerns over U.S. economy, strong yen, trigger sell-off

4 September 2024
Nvidia will consider collaboration in research and training with Sakana AI and also support the utilization of the essential graphics processing units. (Source photos by Shinya Sawai)
Artificial intelligence

Nvidia to become a big shareholder in Japan's Sakana AI

Startup to be Japan's fastest unicorn; chipmaker to also support GPU supply

4 September 2024
The Japanese startup Whill's new personal mobility model features replaceable batteries and a tight turning range. (Photo by Yuichi Shiga) 
Startups

Toyota-backed startup's new elderly scooters have swappable batteries

Whill looking at Asia, Europe and Canada following U.K., U.S. and Japan

4 September 2024
Japan's Nippon Steel has proposed acquiring U.S. Steel, but the deal faces stiff opposition in America. (Photos by Nanami Sato and AP)
Business deals

Nippon Steel promises most of U.S. Steel board will be American

Governance policy comes amid resistance to deal from presidential candidates

4 September 2024
TotalEnergies and Adani Green Energy's joint venture will sell electricity on the Indian wholesale market and through power purchase agreements signed with the government.
Business deals

TotalEnergies deepens ties with India's Adani Green with $444m JV

French oil giant to hold 50% of 1.15 GW of solar electricity installations

4 September 2024
Gig workers dependent on online jobs will be badly affected by internet disruptions.
Telecommunication

Pakistan installs firewall in censorship drive, hitting businesses

Critics say move curbs freedoms, but government claims national security at risk

4 September 2024
U.S. stocks fell sharply on Sept. 3. Tech stocks that had led this year's rally slumped, with Nvidia falling nearly 10%.
Markets

Nvidia tumbles as U.S. stock market starts September sell-off

Wall Street suffers biggest percentage decline since early August on weak ISM report

4 September 2024
AIS slipped to second among Thailand's wireless carriers after last year's merger of True and DTAC. (Photo by Akira Kodaka)
Telecommunication

Thai telecom AIS branches out into cloud, renewables

Partnership with Oracle part of diversification strategy as rivals get bigger

4 September 2024
Japan's flat tax on financial income tends to lead to a lower effective tax rate for wealthier people. (Photo by Arisa Moriyama)
Japan's leadership race

Japan LDP leadership hopefuls spar over higher investment income tax

Ishiba calls for fairer system, while opponents worry about discouraging investment

4 September 2024
An apartment complex in Dalian advertises the sale of completed units. (Photo by Kentaro Shiozaki)
Property

China home presales sink to 18-year low amid unfinished properties

Fearing nondelivery, buyers look to completed homes for purchase

4 September 2024
An Airbus A350-1000 at the Singapore Airshow on Feb. 20. A part failed on one of Cathay Pacific's A350-1000 planes minutes after take-off from Hong Kong on Sept. 2.
Transportation

Cathay Pacific inspections find 15 A350s need new engine parts

Japan Airlines reaches out to Rolls-Royce about the components in its Airbus planes

4 September 2024
U.S. Vice President Kamala Harris attends a campaign event focused on Asian American, Native Hawaiian and Pacific Islander communities on July 9 in Nevada, one of seven key states that could decide the outcome of November's presidential election.
Asia Insight

Once neglected, Asian Americans now courted in knife-edge election

Tiny margins in battleground states spotlight voters like Wisconsin's Hmong community

3 September 2024
Apple CEO Tim Cook shows off the new iPhone SE featuring 5G and the A15 Bionic chip during an event at Apple Park in March 2022. (Photo by Brooks Kraft/Apple Inc.)
Supply Chain

Japan no longer iPhone display supplier as Apple ends LCD use

U.S. tech giant to switch iPhone SE's screen to OLEDs in 2025

3 September 2024
Bain Capital is proposing a takeover bid for Fuji Soft estimated at around 9,200 to 9,300 yen ($63.13 to $63.81) per share, a price around 5% higher than KKR's offer. (Source photos by Nikkei)
Business deals

Bain Capital makes counteroffer to KKR's takeover bid for Fuji Soft

Rare buyout competition in Japan raises acquisition price by 5%

3 September 2024
Indonesian e-bike maker Gesits Motor Nusantara showcases its products during the Indonesia-Africa Forum in Bali on Sept. 3. (Photo by Nana Shibata)
Business trends

Indonesian e-bike, vaccine makers seek to expand in Africa

Companies take opportunity at three-day forum in Bali to showcase products

3 September 2024
The chip industry is pushing to meet surging demand from the AI computing boom.
Technology

TSMC aims to ready next-gen silicon photonics for AI in 5 years

Chip sector driving to develop tech to boost speeds, cut power usage

3 September 2024
A China CSSC Holdings shipyard in Jiangyin, northwest of Shanghai. The government is pressuring listed arms of so-called central companies to better "manage market values."
Companies

Chinese state shipbuilders plan merger with eye on 'strong military'

CSSC Holdings, China Shipbuilding Industry aim to 'focus on major state strategy'

3 September 2024
U.S. chipmaker Intel will provide expertise in chip manufacturing to the new facility, which will be run by Japan's National Institute of Advanced Industrial Science and Technology. (Intel)
Semiconductors

Japan to establish chip research center with Intel

Facility to speed up development of equipment and materials via EUV systems

3 September 2024
Neon gas is a critical material for chipmaking, but supplies have faced significant disruption in recent years.
Semiconductors

Taiwan top chipmakers plan to localize neon gas supply by 2025

Scarcity of key material after Ukraine war leads firms to shore up supply

3 September 2024
U.S. Secretary of State John Kerry, center, presents a Letter of Intent to fund Fulbright University Vietnam's construction in 2017. Critics blasted an ex-school official for focusing on U.S. suffering in the Vietnam War. 
International relations

U.S.-backed Vietnam university condemns rumors it foments 'color revolution'

Taboos about Vietnam War and one-party rule kick up social media furor around Fulbright

3 September 2024
Kamala Harris tells a rally in the old steel mill city of Pittsburgh, in the U.S. state of Pennsylvania, on Sept. 2, "I will always have the back of America's steelworkers and all of America's workers."
U.S. elections 2024

Harris voices opposition to Nippon Steel's buyout of U.S. Steel

Presidential candidate tells Pittsburgh strong U.S. steel companies are 'vital'

3 September 2024
Works are displayed at Frieze Seoul 2023: More than 70,000 visitors are expected at this year's edition, which will feature 110 galleries spanning 32 countries. (Courtesy of Frieze Seoul)
Arts

Frieze Seoul returns as South Korea deepens its art hub drive

Latest in a series of international art fairs showcases local and global artists

3 September 2024