Economy

European Union business sentiment in China plunged to all-time lows during the pandemic, as overseas operators grappled with Beijing's strict zero-COVID policies (Source photos by Getty)
Interview

China 'must do more' to restore investment stature: EU Chamber head

Jens Eskelund says market access, clear regulation key for European companies

26 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
Taiwania Capital has $200 million to invest in Central and Eastern European companies.
International relations

Taiwan-backed fund invests in Central, Eastern Europe as ties warm

Taiwania bets on biotech and health, sees role in Ukraine reconstruction

24 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
Hafize Gaye Erkan, Turkey's new central bank governor, receives flowers from her predecessor, Sahap Kavcioglu, during a handover ceremony on June 9 in Ankara.  
Economy

Turkey raises interest rate to 15% from 8.5% to fight inflation

Hafize Gaye Erkan, first woman to head central bank, begins 'gradual' tightening

22 June 2023
The Port of Karachi is Pakistan's largest port, located across the Arabian Sea from the United Arab Emirates. (Karachi Port Trust handout via Reuters)
International relations

Cash-strapped Pakistan in talks to transfer largest port to UAE

Deepening economic crisis has government scrambling for money

22 June 2023
India's Prime Minister Narendra Modi met Tesla Chief Executive Elon Musk in New York on June 20. (India's Press Information Bureau/Handout via Reuters)
Automobiles

Elon Musk 'confident' Tesla will very soon be in India

Tesla boss makes comment after meeting Narendra Modi in New York

21 June 2023
Chinese Premier Li Qiang and German Chancellor Olaf Scholz review the troops in Berlin on June 20. This is Li's first overseas trip since taking office.
International relations

China and Germany stake out common ground on climate change, economy

Leaders on both sides look to strengthen trade ties despite tensions over security

21 June 2023
European Commission President Ursula von der Leyen says Europe has to be "clear-eyed about a world that has become more contested and geopolitical."
International relations

Europe unveils 'de-risking' strategy but states divided on China

Proposal to defend technologies like AI, chips likely to face fierce debate

21 June 2023
BlackRock CEO Larry Fink recently spoke with Nikkei about the outlook for Chinese and Japanese equity markets. (Photo by Yumi Kotani)
Interview

BlackRock's Fink sees Japan stocks benefiting from China flight

But domestic demand for shares key to keep Tokyo rally going, CEO says

21 June 2023
This fishing vessel was packed with migrants from Pakistan, Syria and Egypt. It capsized off the southern Greek coast on June 14.  (Photo by Hellenic Coast Guard via Reuters)
International relations

Greece shipwreck highlights Pakistan human smuggling woes

Hundreds still missing after migrant vessel capsizes in Mediterranean Sea

20 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
South Korean President Yoon Suk Yeol begins a three-day state visit to Vietnam on June 22.
Your Week in Asia

China's Li Qiang in Europe, Modi visits U.S., Yoon to Vietnam

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

18 June 2023
Building a presence in Africa will help China's independently developed pharmaceutical products to enter the global market.
Caixin

Chinese drugmakers march into Africa

Foothold on the continent could give them sway in setting global standards

17 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
U.S. President Joe Biden attends a cabinet meeting. The administration plans to issue an executive order on screening outbound investments in China.
US-China tensions

Biden executive order on investments in China faces hurdles

Congress and Wall Street push back, while work with key allies remains to be done

10 June 2023
Arsjad Rasjid, chairman of the ASEAN Business Advisory Council, says an "economic cold war" has forced Southeast Asian companies to create "China and non-China" portfolios. (Photo by Yuki Kohara) 
Interview

ASEAN caught in 'economic cold war' over China: business lobby head

Indonesian executive urges nimbler Japan Inc. to match other foreign investors

9 June 2023
People wear protective masks as the Roosevelt Island Tram crosses the East River while haze and smoke from the Canadian wildfires shroud the Manhattan skyline.
Natural disasters

Wildfire smoke from Canada disrupts New York flights

Smoke from hundreds of Canadian forest fires blankets American cities

8 June 2023
U.S. President Joe Biden at the IPEF launch in Tokyo in May 2022: Washington must do more to prove the viability of the new regional economic order it has been championing.
Opinion

Hollow supply chain pact no way to win over IPEF skeptics

U.S. should be offering to share stockpiles or compensate coercion victims

7 June 2023
Turkish President Recep Tayyip Erdogan speaks at the presidential palace in Ankara on May 29. (Photo by Ken Kobayashi)
Economy

Turkey's new cabinet hints at less unorthodox Erdoganomics

Spymaster becomes foreign minister, likely to continue autonomous diplomacy

5 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
U.S. President Joe Biden at the General Motors "Factory ZERO" electric vehicle assembly plant in Detroit, Michigan.
Automobiles

North American EV investments to surpass $140bn: Nikkei estimate

Biden's Inflation Reduction Act boosts U.S. industry at the cost of other countries

4 June 2023
German Chancellor Olaf Scholz poses with Chinese President Xi Jinping in Beijing in November 2022. (Pool via Reuters)
Opinion

Germany can ignore anxious CEOs while setting China policy

Economic stakes are much lower than often portrayed

1 June 2023