Taiwan Semiconductor Manufacturing Co. has stepped up investment in such destinations as the U.S. and Europe. (Photo by Shinya Sawai)
Economy

Taiwan investment in China plummets as it soars in U.S. and Germany

Mainland's appeal ebbs amid flagging economy and rising tensions

29 December 2023
A Filipino at a remittance center in the Metro Manila city of Makati receives pesos sent by a relative working abroad.
Economy

Cross-border remittances at all-time high for third consecutive year

Workers from South and East Asia, Pacific drive increase, World Bank says

28 December 2023
Ambassador Octavio Cortes, Brazil's envoy to Japan, spoke with the Nikkei about his country's hopes for an economic partnership agreement with Japan.
International relations

Japan needs early EPA talks with Mercosur: Brazilian envoy

Tax reform makes Brazil more attractive for investment, ambassador says

27 December 2023
Houthi boats seize the Galaxy Leader car carrier on Nov. 20. Attacks in the Red Sea have disrupted shipping routes. (Houthi Military Media via Reuters)
Supply Chain

Red Sea attacks threaten to cut global shipping capacity 20%

Supply chain disruptions lead to delays and higher prices, experts warn

23 December 2023
Chairman Jin Roy Ryu of the Federation of Korean Industries speaks to reporters in Seoul on Dec. 21. (Photo courtesy of FKI)
International relations

South Korea business lobby seeks regular meetings with U.S., Japan

Chairman Jin Roy Ryu calls for talks on chip and EV supply chains

22 December 2023
Nippon Steel's plan to buy U.S. Steel has hit home for lawmakers representing states where the storied American steelmaker is an employer.
Business deals

U.S. Steel takeover opposition sends wrong message to Japan: analysts

Nippon Steel's $14bn acquisition triggers harsh language against key ally

21 December 2023
India's diamond processing industry is awaiting more details about a G7 move to trace the origins of the precious stones.
Trade

India braces for G7 Russian diamond restrictions

Impact on Indian trade to be limited at first but could grow as ban broadens

21 December 2023
India, the world's largest democracy, heads to the polls in 2024. The country is expected to continue its rise as an economic powerhouse.
Markets

India's ascent to continue as China slows: Wall Street 2024 forecast

Investors stay bullish on Japan despite anticipated monetary policy shift

20 December 2023
A Patriot missile defense system near the Defense Ministry in Tokyo. (Photo by Yoshiyuki Tamai)
Defense

Japan seen fulfilling U.S. request for Patriot missiles

Move would mark 1st lethal weapon shipment under rules adopted in 2014

20 December 2023
Bank of Japan Gov. Kazuo Ueda struck a balanced tone at the post-policy-meeting news conference Dec. 19 as the central bank moves toward an exit from easing. (Photo by Nanami Sato)
Bank of Japan

BOJ's negative-rate exit may hinge on January, April inflation outlooks

With price growth looking stable, Japan central bank homes in on wages

20 December 2023
The Chesapeake Bay Bridge in the state of Maryland is one of the iconic pieces of American infrastructure made with supplies from U.S. Steel.
Business deals

U.S. Steel deal draws immediate heat from American lawmakers

Sen. John Fetterman vows to block 'outrageous' sale to Nippon Steel

19 December 2023
"We did not discuss rate cuts at all. No discussion, no debate," ECB President Christine Lagarde told a news conference on Dec. 14.
Economy

ECB says no rate cut talk after holding steady

No lowering of the guard, Lagarde says despite lower inflation expectations

15 December 2023
The Fed's decision to hold interest steady in December was expected, but the bigger potential for rate cuts next year moved markets.
Currencies

Yen rallies after Federal Reserve signals rate cuts in 2024

Market watchers shift focus to BOJ for more signs of policy shift

14 December 2023
Renault's Chinese-made Dacia Spring EV is a big seller in France.
Automobiles

France moves to curb subsidies for Asian-made EVs

Qualifying vehicles to be announced Dec. 15 as Chinese imports raise EU alarm

10 December 2023
A bull statue at the Bombay Stock Exchange. India's benchmark Sensex index ended Friday at a record high.
Markets

India, Taiwan stocks draw emerging-market investors as China slumps

Growth hopes lift Sensex to record; U.S. rate cut chatter boosts other currencies

9 December 2023
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
A Canadian flag flies in front of the Peace Tower on Parliament Hill in Ottawa. Canada assumes the rotating chair of the CPTPP commission from January. 
Trade

New CPTPP chair Canada should seek to engage Taiwan: ex-officials

Working group invitation floated, but Beijing sure to oppose

7 December 2023
China's military vehicles carry DF-17 hypersonic missiles in Beijing in 2019. Japan has added the China Academy of Engineering Physics to a list of foreign entities for which concern cannot be eliminated regarding involvement in activities such as the development of weapons of mass destruction.
Politics

Japan adds Chinese nuclear weapons lab and others to WMD concern list

China Academy of Engineering Physics included on list to prevent military use of exports

6 December 2023
Trucks line up in Osaka: New rules capping overtime hours for truck drivers in Japan are forecast to cut the country's cargo delivery capacity by more than a third by 2030. (Photo by Kosaku Mimura)
Asia Insight

Japan's 2024 problem? Trucker overtime curbs risk an economic pileup

Multiple industries brace for impact of move to tackle chronic driver shortage

5 December 2023
The Japanese and Canadian trade ministers, Yasutoshi Nishimura and Mary Ng, seal a memorandum of understanding over battery supply chains in Ottawa on Sept. 21. (The Canadian Press via AP)
Indo-Pacific

Canada trade agency to open offices in Tokyo, Manila, Ho Chi Minh City

Ottawa accelerates Indo-Pacific push after entering Jakarta and Seoul

5 December 2023
U.S. President Joe Biden stands next to a Ford Mustang Mach-E electric SUV at the Detroit Auto Show in September 2022.
US-China tensions

In EV tax rules, U.S. prefers China decoupling over decarbonization

Washington looks to further block China from supply chain, alarming EV makers

5 December 2023
China's slowing economy is contributing to persistent manufacturing inventory gluts worldwide.
Business trends

China slowdown swells global manufacturing inventories

Industrial machinery among sectors hit hardest by falling demand

5 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
Southeast Asia is raking in foreign direct investment as the region positions itself as a buffer zone amid the intensifying U.S.-China rivalry.
Datawatch

U.S. and China butt heads over investment in Southeast Asia

Region attracted a record $222bn in foreign direct investment in 2022

2 December 2023
Graphite anodes are a key component of lithium-ion batteries for electric vehicles.
Supply Chain

China's graphite export curbs take effect with uncertainty for EVs

Chinese battery material makers' push abroad raises questions over access

2 December 2023