A train arrives at a metro station in the Dominican Republic's capital in 2011. The nation's government is looking to expand transport system in the capital.
International relations

Japan aims to export metro railway tech to Dominican Republic

Tokyo's push comes as China's influence grows in Latin America

21 February 2024
Beijing's stepped-up efforts to clamp down on espionage is making foreign investors more hesitant to park their money in China.
The Nikkei View

China should not underestimate impact of inward FDI plunge

Focus on Communist Party power consolidation, anti-spying campaign turn off overseas investors

21 February 2024
A container terminal in Tokyo: Japan's exports rose 11.9% on the year in January, buoyed by stronger shipments to China, the U.S. and the European Union. (Photo by Kei Higuchi)
Economy

Japan exports up for 2nd month on China-bound shipment growth

Overseas shipments grew 11.9% in January, while imports fell 9.6%

21 February 2024
Ho Chi Minh City's rapid transit network has been funded in part by the Japan International Cooperation Agency and built by Hitachi. (Photo by Tomoya Onishi)
Opinion

Japan's economic presence in Southeast Asia is not fading away

Competition with Chinese companies for regional opportunities is not zero-sum

21 February 2024
Former U.S. President Donald Trump has said he aims to "completely eliminate" American dependence on China in key areas with his trade plan.
Trade war

Trump likely to raise tariffs on China in two steps, former official says

Japan and Europe would also be in the trade line of fire if ex-president reelected

21 February 2024
Japan is developing the sixth-generation fighter jet in partnership with the U.K. and Italy. (U.K. Prime Minister's Office)
Defense

Japan weighs limiting weapons export exemption to planned fighter jet

Ruling LDP plans talks with Komeito to bring reluctant coalition partner on board

21 February 2024
Unfinished apartment towers in Shanghai. China's real estate developers have struggled against a cash crunch.
Economy

China rate cut shows lack of options for boosting economy

Latest monetary easing move tries to spark recovery in housing market

21 February 2024
Hong Kong's population increased by 0.4% year-on-year at the end of 2023, thanks to a special immigration arrangement that allows mainland Chinese to reunite with family in the city. (Photo by Kenji Kawase)  
Economy

Hong Kong population boosted by mainland Chinese inflow in 2023

One-way permits offset natural decrease, emigrants, other downward pressure

20 February 2024
Property prices are falling in Hong Kong.
Property

Hong Kong high-rise apartment prices fall as China's rich look abroad

Greater flow of funds into Japan, other countries likely to continue for some time

20 February 2024
The People's Bank of China is attempting to spur the economy amid property pressures and weak business confidence.
Economy

China cuts 5-year mortgage rate by record margin to aid property sector

Benchmark slashed 25 basis points; one-year loan prime rate left unchanged

20 February 2024
A Country Garden Holdings showroom in Shaoguan was short on customers during the Lunar New Year holiday. (Photo by Takashi Kawakami)
Property

China's smaller cities face yearslong housing glut as sales languish

Country Garden, Evergrande pay for aggressive regional expansion

20 February 2024
Ukrainian Prime Minister Denys Shmyhal, left, and his Japanese counterpart, Fumio Kishida, discussed reconstruction cooperation at a conference in Tokyo on Feb.19. (Pool photo) 
Ukraine war

Japan companies pledge support for Ukraine reconstruction

PM Kishida vows backing for farming, manufacturing, tech industries

19 February 2024
A security surveillance camera overlooks a street in Beijing. Chinese authorities' effort to root out spies has fueled concerns among foreign companies.
Economy

Foreign direct investment in China falls to 30-year low

Companies spooked by detentions for alleged spying and U.S. sanctions

19 February 2024
Visitors throng Shanghai's Yu Garden during the 2024 Lunar New Year holiday.
Travel & Leisure

China's Lunar New Year spending surges beyond pre-pandemic level

Travel also soars as millions meet up with family and friends

18 February 2024
The Indonesian Air Force's aerobatics display team takes to the skies during the Singapore Airshow in 2022.
Your Week in Asia

Singapore Airshow, Japan-Ukraine conference, Cambodia Senate election

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

18 February 2024
Japan successfully launched its next-generation H3 rocket from the Tanegashima Space Center on Feb. 17. (Photo by Mayumi Tsumita)
Aerospace & Defense Industries

Japan eyes commercial space market after H3 rocket launch success

Nation's first new rocket in 22 years comes amid intensifying competition

17 February 2024
Japan's Nikkei Stock Average closed at 38,487 on Feb. 16, up more than 300 points from the previous day's closing price. (Photo by Yutaka Miyaguchi)
Markets

Nikkei average just 50 points short of all-time high

Analysts forecast rise to 40,000 and above by year-end

16 February 2024
The H3 rocket blasts off from Tanegashima island, southern Japan, on March 7, 2023. Just over five minutes into the launch, it was forced to crash into the ocean after the second stage engine failed to ignite. (Photo by Tomoki Mera) 
Editor-in-Chief’s Picks

Letter from Nikkei Asia's editor: Staking on space

Shin Nakayama shares his weekly reflections and recommendations

16 February 2024
A bank employee counts Thai baht. The strong U.S. economy has squeezed the value of emerging-market currencies.
Currencies

Thai baht, Malaysian ringgit sink to three-month lows against dollar

Emerging nation central banks balk at rate cuts to defend currencies

16 February 2024
With the country's property boom over, Beijing is funneling more funds to the manufacturing sector, an analyst said.
Economy

Japan's nominal GDP outgrows China's for first time in 46 years

2023 growth rates reverse due to deflationary pressure from housing, employment slumps

16 February 2024
Japan's Nikkei Stock Average on Feb. 15 topped 38,000 at the close of trade for the first time since Jan. 11, 1990. (Photo by Yuji Murakami)
Markets

Nikkei Stock Average closes at 38,157, fresh 34-year high

Chip-related stocks lead way, following Wall Street rally overnight

15 February 2024
Commuters seen around Tokyo Station on Jan. 16: Weak consumption and capital investment, along with higher saving, point to continued economic sluggishness in Japan. (Photo by Nanami Sato)
Economy

Japan GDP unexpectedly shrinks, loses spot as 3rd-largest economy

Nation slips behind Germany after second straight contraction

15 February 2024
Indian Prime Minister Modi, left, shakes hands with UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi on Feb. 13. (UAE Presidential Court via Reuters)
International relations

India's Modi woos UAE and Qatar to counter China in Middle East

New Delhi advances push for competing economic corridor to Europe

15 February 2024
Shangri-La in Yunnan province was once a hard-to-reach city surrounded by snowcapped mountains. (Photo by Yuri Momoi)
Travel & Leisure

China's Shangri-La high-speed rail welcomes tourists to 'Lost Horizon'

Throngs of visitors bring cultural change to formerly isolated getaway

15 February 2024
PBOC Gov. Pan Gongsheng in Morocco in October 2023: The China deflation narrative would be getting less oxygen if the central bank were perceived to be doing its job.
Opinion

China's deflation problem won't go away by itself

Beijing seems instead to be prioritizing yuan stability

15 February 2024