Not A Hotel's Irori, a glass-walled villa in a forest near Karuizawa, Nagano prefecture, opened on July 16. (Not A Hotel)
Travel & Leisure

Japan's latest pitch to wealthy tourists: Timeshare designer palaces

A Bathing Ape's Nigo curates Not A Hotel's new villa on Tokyo Bay

7 August 2024
Traffic in Kuala Lumpur. Subsidies made up 25% of Malaysia's 2023 budget, with about three-quarters devoted to fuel subsidies. (Photo by Hiroki Endo)
Politics

Malaysia to reduce fuel subsidies as inflation weakens

Government turns to tackling deficit after pandemic spending

7 August 2024
Malaysian Economy Minister Rafizi Ramli, fourth from right, at the opening of Malaysia Semiconductor IC Design Park in Selangor on Aug. 6. (Photo by Norman Goh)
Semiconductors

Malaysia moves up value chain with first semiconductor park

'Once in a generation' chance to become chip champion, minister says

6 August 2024
The logo of SK Hynix is seen at its headquarters in Seongnam.
Semiconductors

U.S. to award SK Hynix up to $450m for chip-packaging facility

Indiana plant will make next-generation chips for training AI systems

6 August 2024
Kawasaki Heavy Industries delivers a submarine to Japan's Maritime Self-Defense Force in early 2023.
Aerospace & Defense Industries

Kawasaki Heavy maintains forecasts despite submarine scandal

'Improper conduct' casts shadow over efforts to develop Japan's defense industry

6 August 2024
Reserve Bank of Australia Governor Michele Bullock speaks during a news conference in Sydney on August 6. (Photo by AAP Image)
Economy

Australian central bank 'near-term' interest rate cuts not on agenda

Governor says market volatility needs to be monitored after decision to stand pat

6 August 2024
Nikkei Stock Average rose as much as 3,453.38 points, or 10.98%, to 34,911.80 at one point. (Photo by Nanami Sato)
Equities

Japan stocks rebound 3,217 points for their largest single-day rise

Strong U.S. service sector data for July eases concerns of recession

6 August 2024
Evergrande New Energy Vehicle test cars are parked outside its research center in Shanghai in October 2021.
China debt crunch

China Evergrande EV units' bankruptcy adds roadblock for liquidators

Case clouds sale of car group amid move to recover billions from developer's execs

6 August 2024
Japan's top five trading houses -- Itochu, Mitsubishi Corp., Mitsui & Co., Sumitomo Corp. and Marubeni -- have drawn investment from Warren Buffett. (Source photos by Nikkei)
Companies

Buffett-backed Japan trading houses stick to annual forecasts

But conglomerates stay alert over uncertainties such as strengthening yen

6 August 2024
Stream article image
Podcast: Tech Latest

China e-commerce ditches low prices for sales growth

Tech Latest: Tune in to Nikkei Asia's podcast for the freshest updates on the tech sector

6 August 2024
Japanese stocks took a big upswing on Aug. 6 after suffering their worst-ever sell-offs in the previous two trading days. (Photo by Nanami Sato)
Equities

Tokyo stocks brace for further volatility after biggest single-day jump

Market wary as it awaits U.S. rate cut decision and Japan real wage data

6 August 2024
A KFC outlet in Shanghai. Yum China Holdings, which operates the fried chicken chain in China, is increasingly targeting cost-conscious consumers. (Photo by Wataru Suzuki)
Food & Beverage

Yum China expands new low-priced eateries in sign of frugal times

Fast food operator posts record quarterly profit as it responds to market 'challenges'

6 August 2024
Employees work on the assembly line at a Nissan auto factory in China.
Business trends

Japanese companies growing more wary of operating in China, report shows

Number of businesses down from peak but massive market still alluring

6 August 2024
John Lee, center, in Ho Chi Minh City. He is the first Hong Kong chief executive to visit Vietnam, Cambodia and Laos. (Photo by Lien Hoang)
Trade

Hong Kong has ASEAN backing to join RCEP trade pact: John Lee

City goes on charm offensive after COVID-19, security law dent reputation

6 August 2024
U.S. markets finished down sharply on Aug. 5 amid fears of an American economic slowdown.
Markets

Market rout turns back to Asia after U.S. plunge

Asia's crash may not have hit bottom after Wall Street's volatility index spikes, analysts say

6 August 2024
A trader works on the floor at the New York Stock Exchange. All three major U.S. indexes sank in morning trading.
Markets

Nasdaq, S&P 500 fall 3% each amid U.S. recession fears, Apple drop

Investors bett on aggressive Fed rate cuts; Wall Street 'fear gauge' spikes

6 August 2024
A woman walks past the Google logo at the China International Import Expo in Shanghai in 2018.
Technology

Google loses massive U.S. antitrust case over its search dominance

Company expected to appeal ruling that it thwarted competition

6 August 2024
Japanese startup Interstellar Technologies plans to launch its Zero rocket for small satellites by 2025. (Interstellar Technologies)
Startups

Japan space startup Interstellar raises $21m from NTT-led backers

Company aims to put constellation of communications satellites in orbit by 2030s

6 August 2024
A wind farm operates in Kazakhstan. Clean energy is a major part of Japan's planned business deals in Central Asia.
International relations

Japan to offer $2bn in trade support for Central Asia projects

Green and digital technology among areas of 200-plus deals due out at summit

6 August 2024
A Canon launch event in Beijing this July. The company sees Gen Zers driving demand for digital cameras in China. (Photo by Shunsuke Tabeta)
Electronics

Canon zooms in on China's Gen Z to boost digital camera sales

Marketing push taps into desire for more eye-catching social media feeds

6 August 2024
A corporate venture capital division was set up within Terumo Americas Holding, located in New Jersey. (Terumo)
Health Care

Japan's Terumo sets up $75m U.S. venture capital fund

Medical equipment maker aims to invest in advanced treatment startups

6 August 2024
Volkswagen, Stellantis, Renault, BMW and Mercedes reported first half net profits that were down from a year earlier. (Photo by Nikkei)
Automobiles

VW, other European carmakers weighed down by EVs, China and R&D

Stellantis sees 48% profit drop in first half, BMW places hopes on Mini Aceman

6 August 2024
Shionogi launched Cefiderocol in the U.S. in 2020, with Japan approving the sale of the antibiotic in 2023. (Photo by Toshiki Sasazu)
Pharmaceuticals

Japan's Shionogi seeks China approval for superbug-fighting antibiotic

Cefiderocol drives drugmaker's overseas sales in U.S. and Europe

6 August 2024
The EU in April demanded an immediate risk assessment from TikTok because of concerns about its potential impact on children and users' mental health.
China tech

TikTok withdraws 'Lite' rewards from EU to comply with tech rules

Bloc had demanded risk assessment on mental health concerns

6 August 2024
The Malaysian ringgit had dropped in February to its lowest level against the dollar in data going back to 1971.
Currencies

Malaysian ringgit hits 16-month high against dollar

Country's strong economy fuels rebound amid greenback sell-off

6 August 2024