Vietnam's new leader To Lam, a former police officer, was appointed Communist Party general secretary in August. 
Your Week in Asia

Japan-India 2+2, Thai GDP, Vietnam leader in China

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

18 August 2024
Container ships at Qingdao port in China's Shandong province.
Caixin

China shippers face diverging fortunes in global and domestic waters

Ocean freight rates surge with tight capacity, while local market descends into price war

17 August 2024
Characters from the "Demon Slayer" anime at the Japan Parade in New York on May 11. The series has achieved much success outside its home market.
Media & Entertainment

Japan's anime exports poised to match chips and steel

Content can be developed into core industry that erases digital trade deficit

17 August 2024
Prime Minister Kishida announces that he will not run in the LDP presidential election in Tokyo on August 14. (Photo by Wataru Ito)
17 August 2024
About 1 billion packages arrived in the U.S. duty free through the de minimis law in the first half of 2024, according to customs authorities.
Trade war

U.S. lawmakers push for clampdown on tariff-dodging Chinese imports

Proposals include tightening 'de minimis' import rules, stronger enforcement

17 August 2024
Kwai Chung Container Terminal in Hong Kong. The city's exports should remain positive, though potential trade conflicts are a risk, according to government economist.
Economy

Hong Kong second-quarter GDP expands 3.3% on the year

City still struggles to bounce back after three-year COVID lockdowns

16 August 2024
Services along the Tokaido Shinkansen line between Tokyo and Nagoya have been suspended for all of Aug. 16. (Photo by Masashi Isawa)
Natural disasters

Powerful typhoon moves toward Tokyo, disrupting transit

JR Central suspends bullet train services between the capital and Nagoya

16 August 2024
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
Children wearing traditional clothing wave national flags in Seoul. South Korea is facing a "national demographic emergency."
Opinion

South Korea must learn from China's population long game

Seoul waking up to demographic crisis after long-term complacency

16 August 2024
Facilities under construction at a Tajikistan antimony mine in 2021.
Trade

China to restrict antimony exports in latest rare-metal curbs

Controls on flame-retardant mineral do not target specific countries, Beijing says

16 August 2024
Condominiums on the outskirts of Beijing in February. China's biggest cities have seen housing prices fall in the past three years, though not as much as smaller regional hubs. (Photo by Mizuho Miyazaki)
Property

China home prices down 8% from peak, with no end to decline in sight

Government rebuffs IMF call to support property sector despite continued woes

16 August 2024
An influx from mainland China is shoring up Hong Kong's population. (Photo by Shinya Sawai)
Economy

Hong Kong population edges up from end-2023 as mainlanders move in

City touts programs to lure talent amid questions over long-term prospects

15 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
A flea market in Beijing: Chinese household spending rose slightly in July but the recovery remained uneven due to subdued demand in the property sector.
Economy

China retail sales improve in July despite weak economy

New home prices in key cities continue to fall on poor demand

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
A worker cleans windows in Beijing's Central Business District. Chinese authorities are struggling to keep the bond market under control.
Bonds

Chinese central bank crackdown shakes bond market

Yields fluctuate after PBOC says measures have restored 'reasonable levels'

14 August 2024
Amid surging labor demand in an AI boom, Vietnam aims to train at least 50,000 chip engineers and designers by 2030 as industry giants look to offset severe staff shortages in their home markets. (Illustration by Yoshiko Kawano)
The Big Story

Vietnam turns chip sector magnet with affordable, quality talent pool

US, Taiwan, South Korean players beat path to Vietnam though boom strains resources

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
Though the majority of Asian countries did not join in the West's sanctions against Russian oil, they are expected to abide by them.
Opinion

'Dark fleet' of oil tankers risk more maritime disasters in Asia

The West needs to bring Russian oil shipping out of the shadows

12 August 2024
Workers at a commercial housing complex under construction by China Vanke in Nanjing, Jiangsu province. Labor disputes involving the property and manufacturing sectors have swelled in the first half of 2024 due to an economic slowdown.
Economy

Strikes hit China's property, manufacturing sectors as growth slows

Labor disputes reflect disparities in the country's social safety net

12 August 2024