Shanghai's financial district. China has launched a range of special long-term bonds to help the shaky economy find firmer footing.
Bonds

China's special long-term bonds rise in exchange debut

Investors flock to relative safety amid property crunch

22 May 2024
A man walks past a screen displaying interest rates outside a brokerage in Tokyo on May 22. (Photo by Yutaka Miyaguchi)
Bonds

Japan's 10-year government bond yield hits 1% for first time in 11 years

Investors turn cautious on debt as speculation grows over BOJ hawkishness

22 May 2024
Lai Ching-te speaks at his inauguration on May 20: The new Taiwanese president urged China to "stop threatening" the island. (Photo by Hideaki Ryugen)
Opinion

Taiwan's economy should be Lai's first priority

Young workers disheartened by growing inequality, high home prices

22 May 2024
At the Communist Party National Congress in Hanoi in early 2021: General Secretary Nguyen Phu Trong, front row, right; and three ousted senior officials -- former President Nguyen Xuan Phuc, front row, left; former Deputy Prime Minister Pham Binh Minh, back row, left; ex-Politburo member Truong Thi Mai, back row, right.
Politics

Vietnam rocked by political upheaval: 5 things to know

Security Minister To Lam elected president, nation's No. 2 political post

22 May 2024
Taiwan Printed Circuit Association Chairman Maurice Lee said nearly 30 new investments in printed circuit boards in Thailand have been announced since the beginning of last year, and most of the new factories will go online by the end of next year. (Photo by by Lauly Li)
Supply Chain

Thailand power supply in question as tech investment floods in

Flurry of new Taiwanese and Chinese PCB projects to test industrial infrastructure

22 May 2024
Masato Kanda, Japan's vice finance minister for international affairs, expressed concern over economic fragmentation. (Photo by Tokuyuki Matsubuchi)
Interview

Transcript: Top Japan currency diplomat speaks with Nikkei

Senior official stresses free, rules-based trade amid new U.S. plans for China tariffs

22 May 2024
Japan's exports increased 8.3% year-on-year in April. (Photo by Konosuke Urata)
Economy

Japan exports grew for 5th month in row in April led by cars, chips

Shipments of $57bn were up 8.3% from a year earlier; imports also gain 8.3%

22 May 2024
EV maker BYD has added 470,000 workers since the end of 2019. (Photo by Yuki Nakao)
Electric cars in China

China's EV industry, led by BYD, drives job growth

Private companies account for 80% of new employment since 2019

22 May 2024
Chinese migrants' encounters with U.S. border authorities were 10 times higher in 2023 than in pre-pandemic years. The economic slowdown back home coupled with human rights concerns is prompting many to seek new lives in America.
The Big Story

Why so many middle-class Chinese migrants take risky, illegal route to U.S.

Economic malaise, debt and despair push families to trek through jungle to Mexico border

22 May 2024
Masato Kanda, Japan's vice finance minister for international affairs, spoke with Nikkei. (Photo by Tokuyuki Matsubuchi)
Interview

Japan top currency diplomat calls for stepping up structural reforms

Kanda sees G7 officials discussing Chinese overcapacity this week amid U.S. tariffs

22 May 2024
The Philippine peso has been on a downtrend recently, as the U.S. Federal Reserve holds off on interest rate cuts and the Philippine central bank adopts an easier monetary stance. 
Currencies

Philippine peso falls to 18-month low against dollar

Central bank's 'less hawkish' stance leaves currency to slide

21 May 2024
POM copolymer belongs to a group of durable and heat-resistant materials known as engineering plastics. Chinese President Xi Jinping's government is thought to be protecting domestic production for economic security. (Source photos by Reuters)
Trade war

China plastics probe hits EU, U.S., Japan, Taiwan: 5 things to know

Target material used in cars and more; timing on eve of Lai inauguration raises eyebrows

21 May 2024
The IMF has told Pakistan it must stop subsidizing money-losing entities, such as Pakistan International Airlines (PIA), as a condition for loans to help prop up its faltering economy. (Nikkei montage/Source photos by Getty Images)
Asia Insight

Pakistan moves to sell national airline in test case for privatization drive

Dozens of state enterprises on auction block as IMF calls for end of subsidies

21 May 2024
The yen has traded weaker than 150 to the dollar in recent months. (Photo acquired by Nikkei)
Currencies

Japan's weak yen hindered by costly energy, raw material imports

Capital outflows compound pressure on currency along with rate gap with U.S.

21 May 2024
A port in Shanghai: A number of U.S. companies, including defense equipment makers, have been blacklisted by Chinese authorities, and barred from importing and exporting in the country,
US-China tensions

China commerce ministry bans trading by some U.S. companies

Defense contractors blacklisted, execs barred from entering country

20 May 2024
A tourist is seen passing in front of ZaZa Asia Cannabis dispensary and weed shop, on Sukhumvit Road, in Bangkok. Legalization of cannabis has made a certain contribution to attracting tourists. (Sipa via AP Images)
Economy

Thai economy grows at a lackluster 1.5% in Q1

Robust tourism lends support but weak exports weigh down overall growth

20 May 2024
Japanese government bond yields have been inching up this year due to the Bank of Japan strengthening its hawkish stance and moving toward normalizing its ultraloose monetary policy. (Photo by Suzu Takahashi)
Bonds

Japan's 10-year government bond yield rises to 11-year high

Speculation on hawkish BOJ actions, investor risk appetite led to bond selling

20 May 2024
The yen's weakness stems from the wide rate differential between the U.S. and Japan. (Nikkei montage/Source photos by Akira Kodaka and Yuji Murakami)
Market Spotlight

Potential for earlier BOJ rate hike rises amid hawkish signals, weak yen

Some analysts expect Japan's central bank to use bond yields to stop yen's fall

20 May 2024
Singapore's new Prime Minister Lawrence Wong and Senior Minister Lee Hsien Loong share a laugh at the Istana in Singapore on May 15.
19 May 2024
The 13.2% wage rise among smaller businesses in Miyazaki prefecture between 2018 and 2023 was the fastest in Japan.
Datawatch

Japan's small regional companies vie to raise pay amid labor shortage

Wages rise faster in mostly rural prefectures than in urban centers

18 May 2024
Iris Ohyama's rice cookers are displayed at a store in Japan. The company has begun to export packaged rice to the U.S. and Thailand
Business trends

Weak yen and lower costs lure factories back to Japan

Companies take advantage of 'Cheap Japan' to export cosmetics and rice

18 May 2024
Singapore's fourth Prime Minister, Lawrence Wong, speaks to supporters at a community event after the swearing-in ceremony on May 15. 
Politics

Lawrence Wong, Singapore's new PM, begins term: 5 things to know

51-year-old leader edges toward election as change comes in bunches

18 May 2024
Unfinished residential buildings developed by China Evergrande Group stand in the outskirts of Shijiazhuang, Hebei province, on Feb. 1.
China debt crunch

China unveils $41bn lending program to 'digest' unsold properties

Mortgage rates lowered as vice premier vows to fight risk of 'unfinished' projects

17 May 2024
U.S. President Joe Biden has announced tariffs aimed squarely at China's EV industry, with potential ramifications for companies in other Asian nations. 
Supply Chain

Asia's tech and auto suppliers weigh up impact of U.S. tariff hike

Tariffs likely to reinforce supply chain shifts from China but EV makers little moved

17 May 2024
Pedestrians in Shanghai. Total retail sales of consumer goods were up 2.3% in April, short of a forecast of 3.8%.
Economy

China retail sales slow as industrial output beats forecasts

Data highlights struggle to boost demand as property slump clouds future

17 May 2024