U.S. Federal Reserve Chair Jerome Powell in Washington on March 20: Some observers now expect the Fed to stand pat on rates this year. 
Opinion

U.S. rate cut doubts are a headache for Asian central banks

Preempting the Fed would bring depreciation pressure and drive outflows

10 April 2024
Japan has decided to spend nearly $26 billion over three years to support the domestic semiconductor industry. (Photo by Nikkei)
Semiconductors

Japan outspends U.S., Germany on chip subsidies as share of GDP

0.71% figure is highest, even as America provides more support in value terms

10 April 2024
A container terminal in Tokyo: Japan's exports fell 0.8% in February from the previous month, according to the Japan Center for Economic Research. (Photo by Konosuke Urata)
Economy

Japan's GDP down annualized 0.8% in February: JCER

Economy shrank for second straight month, led by decline in auto shipments

9 April 2024
Microsoft, Google and Amazon are among the companies stepping up their investments in data centers in Japan. (Source photos by Reuters and Microsoft)
Companies

Microsoft to invest $2.9bn in Japan data centers amid AI boom

Move comes in response to push for 'data sovereignty' among governments

9 April 2024
Laem Chabang port in 2020: Thailand has been slow to adjust to the changing nature of globalization. (Photo by Akira Kodaka)
Opinion

To revive investor interest, Thailand needs more than salesmanship

Structural reform needed to make country competitive with neighbors

9 April 2024
The flags of the U.S. and Japan fly in front of the White House ahead of Japanese Prime Minister Fumio Kishida's visit.
International relations

Japan's Kishida and Biden to establish Indo-Pacific disaster relief hub

Japanese prime minister arrives in Washington for official visit

9 April 2024
With Expo 2025 in Osaka just over a year away, organizers face a host of issues, including a construction logjam. As of March 28, work on only 12 of about 50 country pavilions had begun. (Source photos by Yo Inoue)
Asia Insight

Japan's Expo 2025: Osaka triumph or billion-dollar folly?

World fair site on 'Dream Island' mired in construction delays and doubling of costs

9 April 2024
Shuttered businesses in the Japanese city of Kitakyushu. (Photo by Shotaro Mori)
Business trends

Japan corporate bankruptcies hit 9-year high with end of COVID lifelines

Tally could top 10,000 in fiscal 2024 as cost pressure rises

9 April 2024
U.S. President Joe Biden, Japanese Prime Minister Fumio Kishida and Philippine President Ferdinand Marcos Jr. will meet in Washington this week.
Your Week in Asia

Japan's Kishida visits Washington, Uniqlo parent earnings, China data

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

7 April 2024
U.S. Treasury Secretary Janet Yellen meets Chinese Premier Li Qiang at the Great Hall of the People in Beijing on April 7.
US-China tensions

Yellen meets China's Premier Li amid 'tough conversations' on industry

Chinese leader tells U.S. Treasury chief that nations should be 'partners not adversaries'

7 April 2024
Job seekers visit a Hello Work employment center in Tokyo. (Photo by Yumiko Urasaki)
Work

Japan is running out of people on sidelines of job market

Businesses face rise in labor costs that will force changes in how they work

7 April 2024
Single-family homes under construction in California. Japanese homebuilders have stepped up investment in the U.S.
Business trends

U.S. pulls further ahead of China as Japan investment destination

Homebuilders and food companies move in closer to American consumers

7 April 2024
Sagala Ratnayaka, adviser to the Sri Lankan president on national security, talks with Nikkei in a recent interview. (Photo by Satoshi Iwaki) 
Sri Lanka crisis

Sri Lanka's debt repayments to be suspended until 2028

Security adviser says the country is in final talks with creditor nations

6 April 2024
U.S. Treasury Secretary Janet Yellen speaks during an event by the American Chamber of Commerce in China in Guangzhou on April 5.
US-China tensions

Yellen's overcapacity digs rehash 'China threat' rhetoric: Xinhua

Chinese state media says comments create pretext for more U.S. protectionism

6 April 2024
The Japanese government compiles official job statistics by relying on a public placement service that young people increasingly shun, making it difficult to paint an accurate picture of the country's economy.
Datawatch

Japan's official statistics miss the depth of the labor shortage

Younger workers shun public job placement service, making its data less reliable

6 April 2024
Vietnam's Momo payment app uses QR codes. Laos has been in talks with Vietnam to link QR payment platforms. (Photo by Yuji Nitta)
International relations

ASEAN finance chiefs agree to expand cross-border QR payments

Integrated networks seen as crucial to regional economic growth

6 April 2024
Taiwan, home to TSMC and other important tech companies, was hit by a major earthquake on April 3. (Source photos by TSMC and Reuters)
Technology

Taiwan quake highlights risks and readiness of Asia's chip sector

Manufacturers apply lessons from past to keep industry humming

5 April 2024
Inflation readings in Thailand have been negative, a trend largely fueled by government subsidies on diesel.
Economy

Thailand inflation fell by 0.47% in March for its sixth straight drop

Negative streak could end if fuel subsidies elapse or decrease

5 April 2024
An Afghan repairs a carpet in Kabul. Carpets are one of Afghanistan's primary items of exports to Pakistan.
International relations

Pakistan and Taliban to expand trade despite lingering tensions

Two countries agree on 'separation of business from politics'

5 April 2024
Myanmar soldiers salute during an Armed Forces Day parade in Naypyitaw on March 27.
Myanmar Crisis

As Myanmar starts military draft, many flee the country

Potential recruits' departures drive national currency to near-record weakness

5 April 2024
Singaporean Prime Minister Lee Hsien Loong, left, and Australian Prime Minister Anthony Albanese: The two countries plan to build a Green and Digital Shipping Corridor.
Opinion

ASEAN and Australia are facing up to need for green cooperation

Current fossil fuel-focused trade ties will have to evolve

5 April 2024
The Laotian kip has depreciated by more than 10% from a year earlier. (Photo by Ken Kobayashi)
International relations

ASEAN finance chiefs to seek progress on cross-border payments

Host nation Laos looks to soften economic fallout from China slowdown

5 April 2024
The number of tourists coming to Japan has swelled since the recovery from the pandemic. (Photo by Mayumi Tsumita)
Travel & Leisure

Japan hotel rates spike 25% as weak yen draws foreign tourists

Average room rates jump for 26 straight months amid shortage of hotel workers

5 April 2024
U.S. Treasury Secretary Janet Yellen arrives for a meeting with Chinese Vice Premier He Lifeng in San Francisco last November. She is scheduled to arrive in China on April 4 for a nearly weeklong visit aimed at smoothing economic ties.
US-China tensions

U.S. Treasury's Yellen returns to China, aiming to stem green tech glut

Secretary likely to face pushback over sanctions on Chinese companies

4 April 2024
Prime Minister Fumio Kishida tells Nikkei in an interview that Japan needs to "take greater responsibility" in providing options for Southeast Asian countries. (Photo by Yuki Kohara)
Interview

Japan, U.S., Philippines to cooperate in clean energy, chips: Kishida

Prime minister speaks to Nikkei in exclusive interview ahead of trilateral summit

4 April 2024