Riccardo Puliti, the International Finance Corp.'s regional vice president for Asia and the Pacific, speaks to Nikkei Asia in Tokyo on Aug. 9. (Photo by Suzu Takahashi)
Climate Change

IFC's Asia-Pacific financing rose 15% to record in fiscal 2024

Development institution sees promising prospects for blue bonds in the region

16 August 2024
A policeman stands guard in front of  the headquarters of the ruling Liberal Democratic Party in Tokyo. The LDP will select a new leader next month.
Japan's leadership race

Japan's ruling LDP to vote on Kishida successor: 5 things to know

With prime minister stepping down, how will party select his replacement?

15 August 2024
A barrier blocks access to a beach on Aug. 14 due to the Nankai Trough megaquake advisory. The alert impacted some tourism-related businesses during the summer holiday season. (Photo by Yo Inoue)
Natural disasters

Japan's megaquake alert ends amid no major new seismic activity

Weeklong advisory has been lifted, but government urges public to remain vigilant

15 August 2024
Japan's GDP expanded in the second quarter of this year following a contraction in the previous three months. (Photo by Yo Inoue)
Economy

Japan's Q2 GDP grows annualized 3.1% as consumption rises

Economy rebounds from revised 2.3% contraction in January-March quarter

15 August 2024
Fumio Kishida's plan to raise defense spending -- one of his signature initiatives -- was slated to be covered by tax hikes, but the government has yet to set a start date for them. (Photos by Shinya Sawai and Wataru Ito)
Japan's leadership race

Japan's Kishida set to depart with defense, climate funding in question

PM's successor faces fitting birth rate, chip commitments into budget as well

15 August 2024
Japanese Prime Minister Fumio Kishida holds a news conference in Tokyo on Aug. 14 announcing that he will not seek reelection as Liberal Democratic Party president. (Photo by Wataru Ito)
Japan's leadership race

Japan's Kishida to step down as PM after LDP picks new leader

Move to show 'new, changed' ruling party amid persistent low approval ratings

14 August 2024
For decades in Japan, "leaders" have been understood to be people, usually men, holding management positions at large corporations. (Photo by Satoko Kawasaki)
Opinion

Japan can tap seniors' know-how by redefining leadership

In an inclusive society, you're never too old to contribute

14 August 2024
Net profit is expected to fall 1% this fiscal year for companies on the Tokyo Stock Exchange's Prime market. (Photo by Mizuho Miyazaki)
Business trends

Japan Inc. projects 1% net profit dip on yen uptick and U.S. worries

Outlook for fiscal year improves slightly, but slump continues in autos and steel

14 August 2024
A soldier with the Japanese Ground Self-Defense Force takes part in a military drill on the uninhabited Irisuna island close to Okinawa, Japan, in November 2023.
Opinion

Japan must hedge currency risk to avoid defense funding crisis

Biggest military buildup since World War II at risk from fluctuating forex

13 August 2024
The market fluctuation comes as the government is encouraging more households to direct their cash and savings worth 1,050 trillion yen ($7.1 trillion) into stocks and mutual funds. (Source photos by Yo Inoue and Toshiki Sasazu)
Market Spotlight

Japan retail investors keep the faith in stocks despite historic volatility

Mom-and-pop investors are seen 'buying the dip' in domestic and global stocks

12 August 2024
Taliban fighters outside the Interior Ministry in Kabul in August 2021, after the militant group retook power in Afghanistan.
Your Week in Asia

Taliban takeover anniversary, Japan GDP, Greater China earnings

Your weekly lineup of Asia's biggest business and political events

11 August 2024
Bank of Japan Gov. Kazuo Ueda speaks at a press conference following a monetary policy meeting on July 31. (Photo by Yutaka Miyaguchi)
Opinion

BOJ still on hawkish track despite dovish bid to cool market turmoil

Central bank must improve communication, economy judgment and risk assessment

10 August 2024
Stream article image
Markets

On topic: Japan stocks hit by historic turbulence

A collection of stories on current hot topics

10 August 2024
Same-store sales in the first half were up 7.1% year-on-year.
Food & Beverage

McDonald's Japan supersizes profit, pairing price hikes and promotions

But popular $5 meals in U.S. spark concern about consumer cutbacks

10 August 2024
Companies listed on Tokyo's Prime market have seen three consecutive years of record high profits. (Photo by Konosuke Urata)
Business trends

Japan corporate profits up 10% on weak yen, AI demand

Toyota, Hitachi among winners in April-June as China slump drags on others

10 August 2024
The Japan Meteorological Agency's website shows earthquake information on Aug. 9.
Society

M5.3 quake jolts Japan's Kanagawa Prefecture near Tokyo

Temblor occurs after first-ever advisory on expected Nankai Trough megaquake

9 August 2024
Japanese government experts gather to discuss the potential for a Nankai Trough earthquake at a meeting on Aug. 8 in Tokyo.
Natural disasters

Japan's Nankai Trough earthquake advisory: 5 things to know

Country reacts with calm concern over heightened chance of major disaster

9 August 2024
Higher bonus payments appear to have helped boost Japan's private consumption in June. (Photo by Arisa Moriyama)
Economy

Japan's June GDP shrinks 0.3% despite consumption recovery: JCER

Increased imports and weak corporate investment offset the effect of higher bonuses

9 August 2024
Japanese Prime Minister Fumio Kishida has canceled his trip to Central Asia. (Photo by Toshiki Sasazu)
International relations

Japan PM cancels Central Asia and Mongolia trip over megaquake advisory

Nation's weather agency made warning after magnitude-7.1 quake on Thursday

9 August 2024
The mighty dollar has taken a 10% hit since early July from a suddenly strengthening Japanese yen. (Photo by Yuji Murakami)
Currencies

Currency strategists see yen closing out the year in the mid-140s

Speculators scurry to reduce their bets on the yen's fall

9 August 2024
Japanese meteorological experts provided additional information on the Nankai Trough earthquake on Aug. 8. (Photo by Dai Kuwamura)
Natural disasters

Japan issues advisory over possible Nankai Trough earthquake

Government sees 'relatively higher' chance after 7.1-magnitude temblor off Kyushu

8 August 2024
Dovish comments by the Bank of Japan's deputy governor drove up stock prices on Aug. 7. (Photo by Akitoshi Sugiura)
Equities

Japan stocks close up 1% on dovish BOJ signal

Financial shares such as SMFG and MUFG are biggest gainers

7 August 2024
Goldman Sachs in a note said investors typically profit when they buy after a 5% selloff in the S&P 500 index.
Markets

Wall Street bounces back after global stocks rout

Fed officials push back on bearish sentiment about U.S. economy

7 August 2024
Vice President Kamala Harris' jump to the top of the Democratic Party's 2024 presidential election ticket caught many Washington diplomats off guard. While they weigh whether she will extend President Joe Biden's current Asia policies, they must also prepare for the prospect of a new, unpredictable term for former President Donald Trump.
The Big Story

Harris takes on Trump: Asia braces as U.S. heads toward poll

As diplomats weigh policy hints, VP picks Walz and Vance vie for working class votes

7 August 2024
People shop at the Grand Bazaar in Istanbul. Turkey's fragile economy is suffering from high inflation and exchange rate volatility.
Opinion

Japan must wake up to the potential of boosting economic ties with Turkey

PM Kishida should use this 100th anniversary year of relations to visit Ankara

6 August 2024