Economy

U.S. Treasury officials also met with bankers and regulators in Hong Kong last year to urge them to identify U.S. high-tech items being shipped to Russia through Hong Kong. (Nikkei montage/Source photos by AP and Reuters)
Trade

U.S. Treasury meets with banks in Hong Kong on Russia sanctions

Chinese and foreign lenders are pressed to comply with latest Biden executive order

18 January 2024
Phuket's famous Patong Beach. Dubbed the Pearl of the Orient, the island is the jewel in Thailand's tourism crown thanks to its numerous beaches and clean air. (Photo by Dominic Faulder)
Business Spotlight

Phuket booms as wealthy Russians seek a new home

Residential sales skyrocket but bring traffic and infrastructure headaches

17 January 2024
Shipping containers are stacked at a commercial port in Vladivostok, Russia.
Trade

China-Russia trade tops $200bn a year ahead of schedule

Bilateral trade soars after Ukraine war draws Western sanctions

8 December 2023
The wholesale price of crab in Japan has fallen by as much as half since last year. (Photo obtained by Nikkei)
Fisheries

Crab meat prices drop in Japan as Russian imports flood market

Seafood being diverted to Asian markets after U.S. imposes ban

3 December 2023
Russia's wheat exports have kept up with rising global demand, particularly from developing countries.
Commodities

Russia drives wheat prices to near 3-year low with export push

Bumper crop staves off supply fears but feeds concerns about overreliance

17 October 2023
Russian dancers perform at a restaurant in the Chinese city of Manzhouli. (Photo by Shin Watanabe)
Trade

China border city thrives as trade with Russia booms

Exports passing through Manzhouli said to have doubled

4 October 2023
Combines load wheat into a truck during harvest in the Cherlaksky district of the Omsk region of Russia on Sept. 8.
G20 Summit

G20 calls for exports of Ukraine grain to ease inflation

Developing nations depend on shipments from war-affected region, group says

9 September 2023
A ship carrying Russian crude anchored in Karachi in June: Pakistan's refinery says the oil was processed successfully, but experts and officials have cast doubt on the viability of the imports.
Economy

Pakistan eyes deeper discounts as Russian oil imports hit snag

Current deal economically infeasible despite official denials, insiders say

19 August 2023
Crew members check the deck of a ship delivering Russian crude oil to Pakistan at the port of Karachi in June.
Economy

Pakistan lines up Saudi-backed refinery as it eyes more Russian oil

$10bn project in Gwadar draws skepticism but some experts see long game

1 August 2023
The yuan was used in 49% of China's cross-border transactions made by companies and institutional investors in the April-June quarter, topping the dollar's share for the first time.
Currencies

Yuan exceeds dollar in China's bilateral trade for first time

April-June figure driven by capital market liberalization and Russian trade

25 July 2023
A man walks past a Geely Atlas Pro at a dealership in Moscow. Geely has seen sales volume soar in Russia this year.
Trade

Chinese cars and TVs stream into Russia after South Korean exodus

Hyundai, Samsung, LG pull back from market following Ukraine invasion

7 July 2023
Truckers wait near Pakistan's border with Afghanistan during a temporary closure in February. Islamabad authorized formal barter trade in June, aiming to ease pressure on foreign reserves.
Economy

Pakistani barter trade with Afghanistan, Iran, Russia stuck in neutral

Plan to ease forex pressure met with disinterest amid strained Taliban ties

6 July 2023
An oil tanker sails near Nakhodka, Russia: Crude oil from Russia accounted for about 40% of India's total feedstock imports for its refineries in May.
Opinion

India's Russian oil buying spree isn't anything to worry about

Discounts may not last, but New Delhi can always return to usual suppliers

6 July 2023
The DJI Mavic 3 Cine Drone shown here could be used in Ukraine to gather intelligence on the battlefield, according to a Japanese expert. (Source photos by Getty Images and AP)
Ukraine war

Special report: Russia buying civilian drones from China for war effort

Moscow relying on 'dual use' equipment and third-party exporters

1 July 2023
Russia recently raised its growth forecast for this year, but the short-lived Wagner uprising and a slowdown in China could derail the fragile recovery. (Source photos by AP and Reuters)
Economy

China slowdown, Wagner rebellion overshadow Russian economy

Recent signs of improvement mask myriad weak points, experts say

28 June 2023
As the volume of sea urchin landings in Hokkaido drops, imports from Russia are increasing.
Trade

Japan's appetite for Russian fishery products remains strong

Sea urchin and crab imports hover at high levels despite Ukraine war

26 June 2023
A commercial port in Vladivostok. Despite sanctions, semiconductors and other targeted goods and technologies have continued to make their way into Russia.
International relations

EU takes aim at Chinese companies in new Russia sanctions

11th package focuses on curbing chips and other shipments via third countries

24 June 2023
There were at least 89 sales of semiconductors to Russia that involved Japanese manufacturers from Feb. 24, 2022 to March 31, 2023, according to Nikkei analysis.
Trade

Japan-made semiconductors skirt sanctions to enter Russia

Domestically made chips avoid export controls via China and other countries

19 June 2023
Workers check the deck of the Russian oil tanker Pure Point, carrying crude oil for delivery to Pakistan, sits at anchor in Karachi on June 13.
Economy

Pakistan pins hopes on Russian energy imports shrouded in secrecy

Government says deals in yuan will bring economic relief; experts aren't so sure

16 June 2023
Chinese yuan and Russian ruble banknotes. The yuan is emerging as an alternative to the dollar now that financial sanctions in the wake of Russia's invasion of Ukraine have kicked Russia out of the dollar settlement network.
Ukraine war

Russia pays Sakhalin dividends in Chinese yuan

Western sanctions on Moscow cast shadow on dollar hegemony

15 June 2023
Kazakh President Kassym-Jomart Tokayev, right, met with President Vladimir Putin in Moscow on Russia's Victory Day in May. (Pool via Reuters)
Opinion

Kazakhstan's backdoor trade with Russia must be stopped

Time for sanctions over funneling of restricted goods to support war in Ukraine

15 June 2023
A Ukrainian soldier drives a captured Russian T-72 tank in the village of Lukianivka, in northwestern Kyiv, Ukraine, in March 2022.
Ukraine war

Russia 'buying back' arms parts exported to Myanmar and India

Reimports appear aimed at improving weapons for use in Ukraine war

5 June 2023
Turkish President Recep Tayyip Erdogan waves to voters at the presidential palace in Ankara on the night of May 28. (Photo by Ken Kobayashi)
Turkey elections

Erdogan leaned into defense, religion to win tight Turkish election

Unorthodox monetary policy, Russia-friendly foreign policy expected to continue

30 May 2023
Chinese Vice Premier He Lifeng, left, greets Russian Prime Minister Mikhail Mishustin before a session of the Russian-Chinese Business Forum in Shanghai on May 23.
International relations

Russia PM visits China with U.S.-sanctioned delegation

Mishustin to meet Xi as trade grows between two nations targeted by West

23 May 2023
New U.S. and Japanese sanctions on Russia were announced as G-7 leaders meet in Hiroshima. (Photo by Kosaku Mimura)
Ukraine war

U.S., Japan impose sweeping sanctions on Russia as G-7 stands with Ukraine

Hundreds of people and organizations targeted as group seeks to stop evasion

20 May 2023