Employees work on the production line at a factory for Chery's electric vehicles in Wuhu, in China's Anhui province, on July 29.
Economy

China factory activity slows to six-month low in August

Missed PMI forecast could fuel hopes for economic stimulus measures

31 August 2024
A member of the nightly patrol in Tokyo's Shibuya ward approaches people drinking in public. (Photo by Koki Kubota)
Society

Tokyo's Shibuya cracks down on public drinking as tourist crowds swell

District to impose year-round nighttime ban with patrols targeting unruly behavior

31 August 2024
These two satellite photos show the North Korean hamlet prior to the flooding on July 18 and after the disaster on Aug. 14.
Natural disasters

North Korea dismantling flooded farm hamlets, photo evidence shows

Kim's comments hint at building more modern community from scratch

31 August 2024
Beijing in 2021 slapped Alibaba with a record 18 billion yuan antitrust fine after a probe found the e-commerce giant had abused its dominant market position.
Companies

Alibaba's 3-year antitrust 'rectification' is over, Beijing says

Regulator vows 'solid protection' for e-commerce giant to enhance competitiveness

30 August 2024
In January to June, China's top insurers expanded their bond portfolios, a safe bet given the murky outlook for economic growth.
Finance

China's top insurers log $169bn bond portfolio boost as PBOC intervenes

Central bank foray into bond trading comes as buyers show hunger despite bubble fears

30 August 2024
Customers look at a model of a Poly housing project in Sanya, Hainan province, in May 2023. The state-backed company is one of several that have seen contracted sales slump.
China debt crunch

China real estate crisis batters state developers seen as better off

Units of 'central companies' hold edge on private peers but log double-digit sales drops

30 August 2024
An employee works at a Tokyo supermarket in early 2023. Inflation figures for the Japanese capital are considered a leading indicator of nationwide trends.
Inflation

Core inflation in Japan's capital rises 2.4% in August

Consumer price data backs case for more BOJ interest rate hikes

30 August 2024
Travelers weigh their options at Shin-Osaka Station as a slow-moving typhoon bears down on the region on Aug. 29. (Photo by Arisa Moriyama)
Natural disasters

Japanese typhoon weakens but train and flight disruptions continue

Shinkansen service between Nagoya and Shin-Osaka resumes; Tokyo-Nagoya still suspended

30 August 2024
South Korea's Constitutional Court Chief Justice Lee Jong-seok, center, and other judges sit upon their arrival at the Constitutional Court in Seoul on  Aug. 29. 
Climate Change

Court orders South Korea to specify carbon emission cut plans through 2049

Decision hands partial victory to activists who say climate change affects 'fundamental rights'

30 August 2024
Marriage of convenience? Canada's Alimentation Couche-Tard has made an ambitious, preliminary takeover approach for the Japanese company that owns 7-Eleven. (Photos by Reuters and Yuji Murakami)
Business Spotlight

With 7-Eleven on buyout menu, Japanese owner Seven & i reaches crossroads

Couche-Tard targets food business, U.S. market; regulatory, antitrust issues weigh

30 August 2024
South Korean President Yoon Suk Yeol discussed reworking the national pension system in a news conference on Aug. 29.
Politics

South Korea's Yoon vows to reform pension plan set to run dry in 2055

Facing aging population, government eyes benefit adjustments and higher premiums

30 August 2024
The offices of Japan's ministries in Tokyo. Budget requests submitted to the Finance Ministry for fiscal 2025 were the largest on record. (Photo by Hirofumi Yamamoto)
Politics

Japan interest rates, defense buildup push budget requests above $800bn

Record spending could go even higher on wage, inflation measures

30 August 2024
A Chinese firm jointly runs this antimony mine in Tajikistan. China produces 48% of the rare metal globally.
Commodities

Antimony, gallium prices soar as China widens rare-metal export curbs

Buyers scramble to stock up on minerals amid uncertainties over tighter controls

30 August 2024
Interest rates on Japanese loans are rising, though they still remain low when accounting for inflation. (Photo by Nanami Sato)
Finance

Japanese banks' lending rates rise for 7th straight month

Trend seen expanding from floating-rate loans to mortgages and other debt

29 August 2024
Bottles of drink are displayed at Remy Cointreau's Paris headquarters. France accounted for 99% of China's brandy imports in 2023.
Trade

China will not impose anti-dumping measures on EU brandy, for now

European producers remain concerned tariffs could still come in future

29 August 2024
Slow-moving Typhoon Shanshan is bringing heavy rain and strong winds to parts of southern Japan, including the city of Miyazaki, on the island of Kyushu, where this residential neighborhood suffered damage.
Natural disasters

Toyota extends production halt as strong typhoon pounds southern Japan

Other manufacturers follow suit as Typhoon Shanshan causes damage and injuries

29 August 2024
Food delivery service Yogiyo operates in South Korea's fiercely competitive market. 
Companies

South Korea delivery company Yogiyo to offer buyouts, media say

Competition in sector has grown in recent months as top players cut prices

29 August 2024
India lowered import tariffs on gold and other metals from 15% to 6% in July.
Commodities

Gold buying soars on India tax reforms as prices near record high

Central banks in emerging markets also increase purchases on geopolitical concerns

29 August 2024
Deng Xiaoping and Xi Jinping. A Xinhua commentary in July appeared intended to muddy the waters as to who should be credited with the reforms that helped China build the world's second largest economy. (Nikkei montage/Source photos by Yusuke Hinata and Getty Images)
China up close

Analysis: Elders stay faithful to Deng over 'reformer Xi Jinping'

Summer rebellion forces Xinhua to delete a commentary that rewrote party history

29 August 2024
This government building in Chengdu has turned off escalators to conserve power. (Qingyang District Government)
Climate Change

Extreme heat in China triggers power warnings, factory stoppages

Shopping centers and supermarkets turn off air conditioning during peak hours

29 August 2024
The No. 2 reactor at Japan Atomic Power's Tsuruga plant lies near an active fault that potentially stretches right beneath it. (Photo by Maho Obata)
Energy

Central Japan nuclear reactor fails to pass safety review

Tsuruga plant's No. 2 reactor may lie above active fault in Fukui, watchdog says

28 August 2024
Children wait for a school bus in Seoul's Gangnam district. Parents with means are flocking to areas with strong educational opportunities, driving up property prices there. (Photo by Kotaro Hosokawa)
Education

South Korea birth rate squeezed by entrance exam pressures: central bank

Bank of Korea urges reform of college admissions to ease burden on families

28 August 2024
Canadian Prime Minister Justin Trudeau's government has imposed a 100% tariff on Chinese electric vehicles, matching U.S. duties, and Trudeau said Canada also would impose a 25% tariff on Chinese steel and aluminum.
Trade war

China accuses Canada of protectionism over 100% tariffs on electric vehicles

Commerce Ministry says Beijing will take any measures needed to defend Chinese companies

27 August 2024
Children from a kindergarten read at a public library in Yantai in eastern China's Shandong province. The number of children enrolled in preschool education fell by 5 million in 2023 to 40.92 million, the lowest figure since 2014. (FeatureChina via AP)
Asia Insight

China's kindergarten closures foreshadow economic hit from falling births

20,000 schools shut in two years; Beijing seeks urgent solutions as workforce shrinks

27 August 2024
A notice in China's Liaoning province warns of fines for violations such as blocking passageways for the visually impaired. (Photo by Kohei Fujimura)
Economy

Cash-strapped Chinese cities bring in over $50bn from fines

Penalties from traffic violations to unwashed dishes aim to offset lost land revenue

27 August 2024