Microsoft, Google and Amazon are among the companies stepping up their investments in data centers in Japan. (Source photos by Reuters and Microsoft)
Companies

Microsoft to invest $2.9bn in Japan data centers amid AI boom

Move comes in response to push for 'data sovereignty' among governments

9 April 2024
The flags of the U.S. and Japan fly in front of the White House ahead of Japanese Prime Minister Fumio Kishida's visit.
International relations

Japan's Kishida and Biden to establish Indo-Pacific disaster relief hub

Japanese prime minister arrives in Washington for official visit

9 April 2024
U.S. President Joe Biden, Japanese Prime Minister Fumio Kishida and Philippine President Ferdinand Marcos Jr. will meet in Washington this week.
Your Week in Asia

Japan's Kishida visits Washington, Uniqlo parent earnings, China data

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

7 April 2024
U.S. Treasury Secretary Janet Yellen meets Chinese Premier Li Qiang at the Great Hall of the People in Beijing on April 7.
US-China tensions

Yellen meets China's Premier Li amid 'tough conversations' on industry

Chinese leader tells U.S. Treasury chief that nations should be 'partners not adversaries'

7 April 2024
Single-family homes under construction in California. Japanese homebuilders have stepped up investment in the U.S.
Business trends

U.S. pulls further ahead of China as Japan investment destination

Homebuilders and food companies move in closer to American consumers

7 April 2024
U.S. Treasury Secretary Janet Yellen arrives for a meeting with Chinese Vice Premier He Lifeng in San Francisco last November. She is scheduled to arrive in China on April 4 for a nearly weeklong visit aimed at smoothing economic ties.
US-China tensions

U.S. Treasury's Yellen returns to China, aiming to stem green tech glut

Secretary likely to face pushback over sanctions on Chinese companies

4 April 2024
Prime Minister Fumio Kishida tells Nikkei in an interview that Japan needs to "take greater responsibility" in providing options for Southeast Asian countries. (Photo by Yuki Kohara)
Interview

Japan, U.S., Philippines to cooperate in clean energy, chips: Kishida

Prime minister speaks to Nikkei in exclusive interview ahead of trilateral summit

4 April 2024
Wagyu exports to the U.S. have seen steady growth as the premium meat's popularity rises.
Trade

Japan wagyu faces setback after U.S. beef tariff quota filled

Limit reached two month earlier than last year as Brazil steps up exports

4 April 2024
China is increasing its economic clout in Southeast Asia as its rivalry with the U.S. intensifies.
International relations

Majority of ASEAN people favor China over U.S., survey finds

In a first, Beijing becomes Southeast Asia's preferred choice over Washington

2 April 2024
The Dali apparently lost power and smashed into Baltimore's Francis Scott Key Bridge while sailing out of the harbor early on March 26.
Transportation

Singapore starts dual probes of Baltimore bridge collapse

Maritime authorities to scrutinize potential rule breaches in deadly accident

28 March 2024
Chinese President Xi Jinping meets with top U.S. executives to encourage foreign investment in his country on March 27. (Photo from Chinese Foreign Affairs Assistant Minister Hua Chunying's X account)
International relations

Xi Jinping meets top U.S. executives, then Dutch PM in Beijing

China's leader seeks 'common ground' with America, eyes more Netherlands imports

27 March 2024
The yen has remained persistently weak against the dollar even after the Bank of Japan scrapped negative interest rates.
Currencies

U.S. protectionism lurks behind yen's stubborn weakness

Election-year 'Buy American' push attracts foreign money, bolstering dollar

27 March 2024
U.S. subsidies on the purchase of an EV exclude vehicles assembled outside North America.
Trade

China challenges U.S. electric vehicle subsidies at WTO

Beijing vows to protect its companies and 'fair' global competition

27 March 2024
Freeport LNG exports roughly a fifth of total U.S. LNG outflow. (Freeport LNG)
Energy

Biden LNG pause poses major risk, says CEO of U.S. exporter

Freeport LNG chief voices concern that a lengthier process could derail projects

23 March 2024
U.S. Federal Reserve Chair Jerome Powell indicated the central bank will ease up on tightening Wednesday, leading to a rally on Wall Street.
Economy

Global central bank balance sheets remain at 80% of the peak

Fed hints at slowing asset tapering as stock markets hit record highs

22 March 2024
U.S. presidential candidate Donald Trump's planned tariffs on Chinese imports would stretch the spirit, if not the letter, of World Trade Organization rules.
Opinion

Trump's China tariff plan would be the death of the WTO

Republican presidential candidate would turn 'MFN' principle on its head

21 March 2024
A customer checks out Ohtani merchandise March 19 at Gocheok Sky Dome in Seoul. (Photo by Tetsuya Fujita)
Sports

Shohei Ohtani fever drives $150m windfall from MLB Seoul Series

Dodgers' Japanese superstar a huge draw for South Korean baseball fans

21 March 2024
U.S.-ASEAN Business Council President Ted Osius, left, speaks at a news conference in Hanoi on March 18. (Photo by Yuji Nitta)
Companies

Boeing, Meta join U.S. business delegation to Vietnam

Companies weigh investment opportunities amid 'friendshoring' push

20 March 2024
Solar panels and wind turbines in Quy Non, Vietnam. The U.S. is supporting exports related to renewable energy, the climate and infrastructure to the Southeast Asian country.
Supply Chain

U.S. to finance $500m in green exports to Vietnam

Clean energy, infrastructure and climate projects may get Exim Bank loans

19 March 2024
Scallops fetch a high price at an upscale supermarket in Los Angeles. (Photo by Tomohiro Ichihara)
Food & Beverage

Japan's scallops, spurned by China, head to high-end U.S. market

Processed in Mexico, sushi-grade untreated shellfish fetches twice the price

19 March 2024
A seafood processor in Wenchang, Hainan province. The U.S. lawmakers urge the Biden administration to ban seafood imports from any of the Chinese companies that employ North Korean workers.
Trade

China seafood targeted by U.S. lawmakers over North Korean labor

Congress members warn sales could fund Pyongyang's nuclear program

13 March 2024
With virtually zero chance of the Fed cutting interest rates this month, all eyes are on June.
Markets

Temu parent PDD, JD.com shares gain as tech rally reboots

Investors still expect Fed to cut interest rates in June

13 March 2024
Trucks wait to cross into the U.S. via the Jeronimo-Santa Teresa International Bridge, in Ciudad Juarez, Mexico, on Oct 4.
Trade

Mexico replaces China as top exporter to U.S. in 2023

Trade deficit between world's two largest economies falls to lowest level since 2010

9 March 2024
U.S. President Joe Biden delivers his fourth address to joint sessions of Congress in Washington on March 7.
U.S. elections 2024

Biden takes aim at Trump by saying the U.S. is rising, not China

In State of Union address, president calls the American economy the 'envy of the world'

8 March 2024
Lowering interest rates too much or too soon could "ultimately require even tighter policy," Federal Reserve Chairman Jerome Powell told U.S. lawmakers on March 6.
Markets

Fed's Powell warns cutting rates too soon could backfire

Central bank chief's remarks in line with markets' dialed-down expectations

7 March 2024