A wind farm off the coast of Germany. 
Energy

Germany to probe use of Chinese wind turbines in North Sea project

Berlin looks to balance protecting critical infrastructure and fair competition

4 July 2024
BOJ Governor Kazuo Ueda speaks during a ceremony on the day of the new notes of 10,000 yen, 5,000 yen and 1,000 yen went into circulation, at the BOJ headquarters in Tokyo on July 3. (Pool photo)
Currencies

Cash-loving Japan redesigns banknotes for first time in two decades

Bills embrace cutting-edge tech in a world first, are clearer to non-Japanese

3 July 2024
Tesla's new Model 3 sedan is displayed next to a Model X SUV at the China International Fair for Trade in Services in Beijing last September.
Automobiles

Tesla shares rally as Q2 deliveries fall less than expected

Incentives help EV maker achieve increase from previous quarter

3 July 2024
North Korean leader Kim Jong Un speaks at a plenary meeting of the Central Committee of the ruling Workers' Party of Korea. (KCNA via Reuters)
Economy

North Korea's Kim talks up economy amid closer Russia ties

Food shipments seen easing shortage as farming and China trade recover

3 July 2024
The four companies were added to the U.S. Entity List for their connections to the training of China's military forces.
US-China tensions

U.S. adds four firms to trade restriction list for China military links

Washington adds total of six companies to Entity List, citing national security

3 July 2024
Xpeng holds a launch event in Cairo this June for two EV models in Egypt. (Xpeng)
Electric cars in China

China EV makers Neta, Xpeng turn to Africa amid European backlash

Emerging markets gain shine as Europe preps higher tariffs on China-built models

3 July 2024
Geely Automobile Holdings has upgraded its 2024 export target to 380,000 units from 300,000, despite new European Union tariffs set to affect the company.
Automobiles

Geely raises annual export target on eve of European punitive tariffs

Chinese automaker stresses 'limited' impact while feeling pinch in premium EV brand

3 July 2024
A worker takes a reading at a power transmission and distribution center near Jakarta.
Energy

Japan commits to ASEAN power grid project to counter China

PM Kishida to reveal details of 10-year plan as utilities seek slice of market

2 July 2024
Cars for export are seen at a port in Lianyungang, Jiangsu province, China.
Opinion

Asia is set to embrace protectionism in face of China's overcapacity

Pressure growing across region as West imposes more tariffs on Beijing

2 July 2024
China has served up new economic support measures for Hong Kong coinciding with the 27th anniversary of the city's handover from the U.K. (Photo by Ken Kobayashi)
Economy

China charms Hong Kong with economic boosts, from pandas to visas

Chief Executive John Lee urges city to 'capitalize' on what Beijing offers

2 July 2024
Australia's earnings from metallurgical coal, used as a fuel for steelmaking, are forecast to fall in the next 12 months due to weaker prices.
Commodities

China tensions with West a risk for resource exports, Australia warns

Further dips in value expected as U.S., Europe look to reshore manufacturing

2 July 2024
A garment factory in Hanoi. The minimum wage in the capital has increased about 80% over the past decade. (Photo by Atsushi Tomiyama)
Economy

ASEAN wage hikes worry industries benefiting from supply chain shift

Vietnam implements 6% nationwide raise; Thailand plans 'unrealistic' 14% increase

2 July 2024
Aeon Orange is a joint venture by Japanese retailer Aeon and its partner in Myanmar. (Photo by Nikkei)
Myanmar Crisis

Myanmar detains Aeon unit exec for high rice prices

Military regime targets big businesses as public frustration over economy mounts

2 July 2024
Chinese Communist Party officials are expected to accelerate a push toward President Xi Jinping's goal of technological self-sufficiency by 2035 when they convene this month for a long-awaited meeting known as the third plenum.
Asia Insight

China's leaders to choose economic path at high-pressure third plenum

Historically pivotal policy gathering expected to focus on tech as property woes fester

2 July 2024
Overtourism has become a problem at Mt. Fuji, Japan's tallest and most iconic mountain. (Photo by Takayuki Matsunaga)
Travel & Leisure

Mt. Fuji opens for season with traffic cap, toll to combat overtourism

Local governments hope new restrictions help reduce crowds and accidents

2 July 2024
The People's Bank of China has raised concerns about the functioning of the government bond market.
Bonds

China central bank to borrow government bonds, with sale seen possible

PBOC looks to curb plunge in yields as economy fears spur flight to safe assets

2 July 2024
Tata Steel workers in Port Talbot and Llanwern have suspended a strike as talks between their trade union and company continue over future investment. 
Work

Tata Steel workers in U.K. suspend strike action

Around 1,500 workers at Port Talbot, Llanwern were due to begin indefinite strike

1 July 2024
The average land price in Japan rose 2.3% in 2024 from a year earlier, logging its third consecutive year of gains, the country's land ministry reported on July 1.
Property

Japan land price rises over 2% for 1st time amid post-COVID bounce

Twenty-nine out of 47 prefectures see rises; Fukuoka has biggest gains

1 July 2024
The Bank of Japan released the results of the latest Tankan business sentiment survey as it considers the timing of a pending policy shift. (Photo by Maho Obata)
Economy

Japan business mood rises for the first time in 6 months: BOJ Tankan

Quarterly survey results come amid BOJ's pending policy shift

1 July 2024
Japan's real GDP shrank an annualized 2.9% in January-March, down from an earlier estimate of a 1.8% contraction.
Economy

Japan downgrades Q1 GDP to annualized 2.9% drop

Construction data in unscheduled revision darkens recovery prospects

1 July 2024
Indian Prime Minister Narendra Modi gestures at the Bharatiya Janata Party (BJP) headquarters in New Delhi on July 4.
Opinion

The road ahead for Modi and India

Nation of 1.5bn people faces enormous challenges over the next decade

1 July 2024
A factory in Zhangjiakou, in China's Hebei province. China's latest industrial activity reading comes weeks ahead of a key meeting of Communist Party officials.
Economy

China factory activity contracts for second straight month in June

Market hopes for more economic stimulus at upcoming third plenum

30 June 2024
Electric vehicle maker BYD is opening a new factory in Thailand as Chinese EV producers face the prospect of stiff EU tariffs.
Your Week in Asia

Tokyo picks next governor, Shanghai AI conference, BYD opens Thai factory

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

30 June 2024
A public housing complex in Hong Kong.
Caixin

Hong Kong's talent pass program drives up housing rents

While professionals from outside bolster rents, house prices are falling again

30 June 2024
Cashews must undergo a lengthy procedure before they turn into the delicious nuts the globe craves, but Cambodia has never been able to carry out this process on its own. Until now.
Agriculture

Japan helps Cambodia toward its goal of being top cashew exporter

Real estate developer Mirarth completes ASEAN country's processing center

29 June 2024