Japanese companies are slashing cross-shareholdings with key clients and group affiliates. (Photo by Konosuke Urata)
Companies

Japan Inc. sells record $25bn in cross-held shares, led by Toyota

Governance trend reduces buffer against takeover bids and activist investors

29 August 2024
Shin-Etsu subsidiary Shintech is boosting PVC production by 10% at this plant in the U.S. state of Louisiana. (Shin-Etsu Chemical)
Materials

Shin-Etsu beats Apple's operating margin with commodity-grade PVC

Japan chemical maker's drive to keep operation efficient honed over decades

29 August 2024
Japan's Daiso Industries opened its first store in India in 2022 in the northern city of Chandigarh. (Daiso Industries)
Consumer

Japan's Daiso aims for 200 stores in India and more local sourcing

Hundred-yen store operator expects to have 50 Indian outlets by early 2027

28 August 2024
IHG Hotels & Resorts operates 20 Crowne Plaza franchises in Japan together with ANA Holdings. (Photo by Hajime Tsukada)
Travel & Leisure

IHG adds three Crowne Plaza hotels in Japan in bid to reach smaller cities

U.K. hospitality chain partners with local hotel group to cash in on tourism boom

28 August 2024
Japanese ruling Liberal Democratic Party lawmaker Toshihiro Nikai, left, shakes hands with Zhao Leji, chairman of the Standing Committee of the National People's Congress, in Beijing on Aug. 28.
International relations

Japanese politician gets 'positive' Chinese response on visa-waiver issue

Delegation led by ruling LDP heavyweight looks to smooth short-term travel

28 August 2024
Prices for wagyu calves are falling in Japan as more dairy farmers get into the business. (Photo by Takahiro Kaneko)
Agriculture

Japan's struggling dairy farmers shift to wagyu, despite lean market

Influx of new breeders risks undercutting prices further as supply grows

28 August 2024
The No. 2 reactor at Japan Atomic Power's Tsuruga plant lies near an active fault that potentially stretches right beneath it. (Photo by Maho Obata)
Energy

Central Japan nuclear reactor fails to pass safety review

Tsuruga plant's No. 2 reactor may lie above active fault in Fukui, watchdog says

28 August 2024
U.S. President Joe Biden, right, with Japanese Prime Minister Fumio Kishida at the White House in January 2023: Both are suddenly signaling their imminent departure from office, fueling uncertainty over their successors. (Pool via Reuters)
The Big Story

Tighter U.S.-Japan alliance is unexpected legacy of Kishida-Biden era

Uncertainty over successors threatens momentum of 'global partnership'

28 August 2024
IKEA's Shibuya location has served as an incubator for new store ideas since opening in 2020. (Photo by Nanami Sato)
Retail

IKEA launches new urban store model in Tokyo's Shibuya

City center locations tie into online shopping to help make up for small size

28 August 2024
The Cambodian venue for the 2022 ASEAN summit in Phnom Penh. This year's summit and related meetings will be held in Laos from Oct. 6 through Oct. 11.
Japan's leadership race

Japan's prime minister race clashes with U.N., ASEAN summit season

G20, APEC meetings also follow ruling LDP leadership vote in packed calendar

28 August 2024
This Chinese Y-9 military reconnaissance plane was detected in Japanese airspace on Aug. 26. (Japan Ministry of Defense)
International relations

Japan condemns China military plane incursion as 'grave' violation

Tokyo silent on whether defense officials talked via year-old hotline

28 August 2024
A Sony PlayStation 5 display at an electronics store in Tokyo. The price of the PS5 console has now been raised for the third time in Japan.
Media & Entertainment

Sony to raise PlayStation 5 price by 20% in Japan

Conglomerate cites difficult external environment as global sales fall

27 August 2024
BMW's iX5 Hydrogen fuel cell vehicle. The German carmaker and Toyota are deepening a partnership to manufacture more affordable fuel cell vehicles amid slowed growth among electric vehicle models. (Photo by Yuki Nakao)
Automobiles

Toyota and BMW to form alliance in fuel cell vehicle manufacturing

German auto giant aims to start mass production in a few years

27 August 2024
Isuzu plans to use the trucks to transport cargo between logistics warehouses. (Photo by Hirotake Kitagawa)
Automobiles

Isuzu to develop self-driving trucks with U.S. startup

Japanese automaker hopes to put fully autonomous vehicles on road by fiscal 2027

27 August 2024
Children from a kindergarten read at a public library in Yantai in eastern China's Shandong province. The number of children enrolled in preschool education fell by 5 million in 2023 to 40.92 million, the lowest figure since 2014. (FeatureChina via AP)
Asia Insight

China's kindergarten closures foreshadow economic hit from falling births

20,000 schools shut in two years; Beijing seeks urgent solutions as workforce shrinks

27 August 2024
SBI is expected to lead Preferred Networks' next funding round. (Source photos by Nikkei)
Semiconductors

Japan's SBI to take big stake in AI unicorn Preferred Networks

Investment is part of financial group's entry into semiconductor industry

27 August 2024
Bill Chang, left, CEO of Singtel's Digital InfraCo, shakes hands with Hitachi Executive Vice President Toshiaki Tokunaga. (Photo by Hitachi)
Technology

Hitachi and Singtel deepen AI data center collaboration

Partners to combine strengths to improve efficiency

27 August 2024
A Chinese Y-9 plane like this one breached Japanese airspace on Aug. 26, according to Japan's Ministry of Defense.
International relations

Chinese surveillance plane breaches Japanese airspace for first time

Japan's defense ministry says fighters were scrambled to warn off Y-9

26 August 2024
Japan's Digital Minister Taro Kono speaks at a news conference on Aug. 26. (Photo by Uichiro Kasai)
Japan's leadership race

Japan Digital Minister Kono joins ruling party presidential race

Outspoken 61-year-old launches third bid to become prime minister

26 August 2024
Japanese yen traded at 143.59 to the dollar at one point on Monday morning, the highest level since Aug. 5. (Nikkei montage / Source photos by Reuters, Uichiro Kasai and Mizuho Miyazaki)
Currencies

Yen carry trade to grow once volatility ebbs, strategists say

Despite recent trend, Japan-U.S. interest rate spread to remain wide in short term

26 August 2024
Private debt funds in APAC are relatively young, only five years old or so, and haven’t been through a full credit cycle.
Markets

Asia's private debt market faces test amid higher rates, economic slowdown

Nascent investing space sees fund-raising drop to a third of 2021 peak

26 August 2024
Some credit card companies are becoming more cautious about the kinds of content publishers they are willing to work with. 
Media & Entertainment

Japan's adult manga sellers fear global credit card companies' wrath

Creative expression in tension with trend toward protective restrictions

26 August 2024
The Hara Cafe is located in Hong Kong's bustling Tsim Sha Tsui district. (Photo obtained by Nikkei)
Life

All aboard: Life-size Japanese model trains debut at Hong Kong cafe

Retro railcars by world-renowned modeler Hara transport guests to 1920s Japan

25 August 2024
Scallop exports to the U.S. and Southeast Asia have surged. (Photo by Takumi Sasaki)
Food & Beverage

Japan scallop prices rebound as exports expand beyond China

Domestic consumption campaign also fuels recovery after Beijing's import ban

25 August 2024
Female workers in Bangladesh's garment factories face numerous pressures and hurdles.
Society

Bangladeshi women in garment industry held back by knowledge gap

'Magic bullet' of education seen as key to opening up managerial opportunities

25 August 2024