Texas Gov. Greg Abbott spoke with Nikkei in Austin. (Photo by Ryosuke Hanafusa)
Semiconductors

Texas governor pursues Japan, Taiwan, South Korea chip investments

Armed with $1.4bn fund, Abbott embarks on economic mission to lure businesses

6 July 2024
Mitsubishi Heavy Industries built the Taigei submarine for Japan's Self-Defense Forces. (Photo by Naoki Hori)
Aerospace & Defense Industries

Mitsubishi Heavy shares soar on hopes for 2nd Trump term military spending

Japanese peers Kawasaki Heavy, IHI also see heavy trading after presidential debate

6 July 2024
The common EV platform will be found in Honda's 0 Series, left, and in the Afeela EV. (Source photos by Nikkei)
Electric vehicles

Sony, Honda to adopt common EV platform, seeking lower costs

Shared development intended to help compete with Chinese rivals

6 July 2024
Kishida speaks at the Asia Business Summit hosted by the Japan Business Federation, or Keidanren, on July 5. (Photo by Uichiro Kasai)
Climate Change

Japan's Kishida calls for 'OECD of Asia' to foster energy transition

Prime minister aims to build 'huge' market for decarbonization efforts

5 July 2024
Toyota Customizing & Development President Kenzo Nishiwaki speaks at a news conference after receiving a cautionary advisory from the Fair Trade Commission on July 5. (Photo by Suzu Takahashi)
Automobiles

Toyota subsidiary warned about Subcontract Act violations

Watchdog says company forced suppliers to store not-in-use tools for free

5 July 2024
Spanish economy minister Carlos Cuerpo tells Nikkei Asia on July 4 that his country will not engage in a 'trade war' with China. Cuerpo is in Tokyo to launch a Japan-Spain business forum. (Photo by Satoko Kawasaki)
Interview

EU must not be 'naive' in China EV talks, Spain economy minister says

Bloc should protect domestic industries and 'be a bit more self-centered'

5 July 2024
Japanese Chief Cabinet Secretary Yoshimasa Hayashi speaks to reporters at a regular news conference on July 5. (Photo by Uichiro Kasai)
International relations

Japan says China set up buoy over its southern continental shelf

Beijing's latest move off island of Shikoku could further strain bilateral relations

5 July 2024
The defense and foreign ministers of the Philippines and Japan are holding a "two-plus-two" meeting in Manila on July 8. (Nikkei montage/Source photos by AP and Kyodo)
International relations

Philippines-Japan meeting to eye defense pact, may bud more 'coalitions'

Experts see multiple implications beyond potential reciprocal access agreement

5 July 2024
A shopper checks out discounted items at a Tokyo supermarket. Japanese workers' monthly pay will rise an average of 5.1% this fiscal year, but high inflation is squelching consumption. (Photo by Akitoshi Sugiura)
Economy

Japan May household spending falls 1.8% on higher prices

Ministry official casts doubt on whether wages have kept pace with prices

5 July 2024
Sakura Internet said it plans to sell computing power in Southeast Asia via the cloud. (Photo by Kosaku Mimura)
Artificial intelligence

Japan's Sakura Internet aims to sell AI power to Southeast Asia

Plans come as Tokyo seeks regional cooperation on artificial intelligence

5 July 2024
Japanese ETFs are slated to sell more than $7 billion in securities on July 8 and July 10.
Equities

Japan's stock market braces for $7bn-plus ETF-linked sell-off

Securities expected to be sold to cover dividend payouts to shareholders

5 July 2024
The secondary offering of Honda shares could reach around 500 billion yen. (Photo by Yuki Nakao)
Equities

Japanese insurers, banks to unload $3bn in Honda shares

Four casualty insurers to sell off entire stakes in push to reduce cross-holdings

5 July 2024
Japanese pharmaceutical companies typically use imported active ingredients to produce finished antibiotics.
Supply Chain

Japan to subsidize antibiotics supply chain to reduce China exposure

Production of active ingredients has moved abroad for cost reasons

5 July 2024
NATO is forming a closer relationship with four key Indo-Pacific nations to counter perceived security threats from China and Russia.  
Indo-Pacific

NATO to up security links with Japan, South Korea, Australia, NZ

Atlantic military alliance will issue joint cooperation document next week

4 July 2024
Japan could adopt financial measures that have promoted entrepreneurship elsewhere, Richard Katz argues.
Opinion

Japan must grab its entrepreneurial moment

Bold government measures are needed to unleash nation's start-up potential

4 July 2024
Foreign investors are leading Japan's stock rally, one analyst says, helping the main index break records. (Photo by Satoko Kawasaki)
Equities

Japan's Nikkei average closes at all-time high, breaks March record

Tech stocks lead gains as Tokyo market tracks U.S. rally

4 July 2024
A Chinese Coast Guard member wields an axe as he and other forces approach Philippine Navy service members on a resupply mission to the Second Thomas Shoal on June 17.
South China Sea

Philippines demands China pay $1m over South China Sea clash in June

Head of armed forces says Manila-Tokyo troop access deal is close to being signed

4 July 2024
A Honda affiliate factory in China. Japanese automakers have fallen behind in EVs.
Electric vehicles

Nissan and Honda weigh tie-up on software and EV charging

Japanese automakers aim to better compete in next-generation vehicles

4 July 2024
CapitaLand plans to complete its third Japanese lyf building, this one in Tokyo's Shibuya, by 2024. (CapitaLand image)
Property

Singapore's CapitaLand charts Japan real estate buying spree

In bid to diversify from China, property group targets 'workcation' and logistics sites

4 July 2024
Japan's shrinking labor force is a major obstacle for its economic growth.
Japan immigration

Japan headed for shortage of 970,000 foreign workers in 2040

JICA doubles estimate amid global race for employees and weaker Asian growth

4 July 2024
Left to right: Tianjin Tower pays tribute to Hu Youping on June 28. A bouquet is offered for Hu Youping near a bus stop believed to be the site where Hu was attacked by a knife wielder going after a Japanese mother and child on June 30. (Source photos by Kyodo and AP)
China up close

Analysis: Tragedy shows China's anti-Japan social media fire burns out of control

Other stabbings reflect a society that cannot vent its social and economic frustrations

4 July 2024
A severe drought is expected to impact coffee harvests in major producer Vietnam.
Commodities

Coffee prices jump 20% as global heat hits commodity markets

Soaring temperatures and drought in Southeast Asia put beans and rubber trees at risk

4 July 2024
Ransomware generally involves encrypting data and making it unusable, then demanding a ransom. (Photo by Suzu Takahashi)
4 July 2024
A reliance on overseas players for cutting-edge technologies could poses risks for economic security. (Nikkei montage)
Artificial intelligence

Japan to help Southeast Asia develop AI in local languages

Public-private initiative to spearhead development of large language models

4 July 2024
Daren Tang, director general of the World Intellectual Property Organization. (Keystone via AP)
Artificial intelligence

China leads in generative AI patent applications, U.N. agency says

U.S. a distant second by this yardstick but No. 1 by some others

4 July 2024