Nippon Steel’s vice chairman visited U.S. Steel plants in Pennsylvania and elsewhere this year to meet with employees.
Business deals

Nippon Steel sees path toward U.S. Steel deal after November election

Management expects political climate to be calmer following presidential race

22 June 2024
Riverpark North will offer homes and a megamall. (Rendering courtesy of Federal Land NRE Global)
Property

Japanese-style suburban communities set to pop up outside Metro Manila

Nomura Real Estate embarks on project with Philippine partner Federal Land

22 June 2024
Japan hopes to encourage potential workers coming from overseas to improve their Japanese language ability. (Photo by Mayune Hotta)
Japan immigration

Japan eyes new language test to help foreigners live in country

Effort part of sweeping immigration reforms aimed at attracting talent

21 June 2024
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Podcast: News Roundup

How will Japan's anime industry handle AI?

Tune in to Nikkei Asia's podcast, bringing the region's key news to global listeners

21 June 2024
Nissan's joint venture with Dongfeng Motor runs eight car plants in China with a total output capacity of around 1.6 million units. (Photo by Shizuka Tanabe)
Automobiles

Nissan shuts down China auto plant in eastern city of Changzhou

Japanese carmaker aims to trim output capacity amid sales slump

21 June 2024
A Uniqlo store in Orchard Central, Singapore. The clothing maker and retailer wants to make sure its stores stay well-stocked by keeping a digital eye on the garment-making process. (Photo by Fumika Sato)
Retail

Uniqlo parent to digitally track materials across its supply chain

Fast Retailing wants to keep stores well stocked by collecting factory data

21 June 2024
SoftBank Group’s shares fell 3.8%, trading at 9,826 yen at one point after the meeting. (Photo by Yuji Murakami)
SoftBank

SoftBank's Son lays out ambitious mission on 'artificial super intelligence'

Conglomerate's shares drop 3.8% at one point after the meeting

21 June 2024
Arsenio Balisacan, secretary of the Philippine National Economic and Development Authority, expressed the importance of sustaining economic momentum at a media roundtable in Tokyo on June 20. (Photo by Yuichi Shiga)
South China Sea

Philippines wants China economic ties despite tensions: top official

Manila hopes Japan will take a larger economic role, including more ODA funding

21 June 2024
A supermarket in Tokyo. Japan's core inflation rose for the first time in three months in May, but the pace slowed if both fresh foods and energy are excluded. (Photo by Yusuke Yagi)
Inflation

Japan's inflation rose in May due to rising electricity costs

Core CPI gained 2.5%, accelarating for the first time in three months

21 June 2024
China Coast Guard personnel, center, appear to wield bladed weapons during an incident off the Second Thomas Shoal in the South China Sea. (Photo by AFP/Jiji) 
South China Sea

China says Japan has 'no right to intervene' in sea dispute with Philippines

Beijing's embassy slams Tokyo's statement after latest South China Sea incident

21 June 2024
"Before We Forget Kindness" is the fifth book in a series written by Toshikazu Kawaguchi, pictured here at Topping & Co. Booksellers of Bath, a city in southwest England, in October. (Courtesy of Pan Mcmillan)
Books

'Cozy fiction' fires British appetite for Japanese novels in translation

Toshikazu Kawaguchi's 'Before the Coffee Gets Cold' tops best-seller chart

21 June 2024
KDDI said in June that it will help turn Sharp's LCD panel factory in Sakai, Osaka prefecture, into a data center for artificial intelligence. (Source photos by Kyodo)
Business Spotlight

The AI scramble: Why SoftBank, KDDI and others are racing for Sharp's LCD factory

As Japan aspires to be a major player in AI it is desperate for data centers

21 June 2024
 Kemal Shoshi became president of Yanmar Agribusiness in April. (Photo by Narushi Nakai)
Companies

Tractor maker Yanmar eyes India, Africa in quest to double overseas sales

Under new Turkish-born boss, Japanese brand fights for piece of emerging markets

21 June 2024
Personnel from the Turkish navy and Japan's Maritime Self-Defense Force gather for a photo in front of a new Turkish corvette in Tokyo.
Defense

European powers step up air, sea drills in Japan's backyard -- and China's

Italy, Germany and France among nations sending ships and planes to region

21 June 2024
Construction of a Lion factory began at the Bangladesh Special Economic Zone in May. (Sumitomo Corp.)
Business trends

Bangladesh attracts more global factories, from Japan's Lion to Godiva

Manufacturers drawn to cheap labor and growing market in effort to diversify

21 June 2024
The Tokyo Stock Exchange has been pushing companies to use their capital more efficiently. (Photo by Mizuho Miyazaki)
Finance

SBI-backed Japan firm plans $630m fund to buy cross-held shares

Keystone taps growing demand as regulators and TSE push for reform

21 June 2024
Incumbent Tokyo Gov. Yuriko Koike, left, and former lawmaker Renho Saito speak to their supporters on June 20, the first day of campaigning in the capital's gubernatorial election. (Photos by Yuki Kohara and Rie Ishii)
Politics

Tokyo's governor election race kicks off amid political distrust

Koike vs. Renho race reflects popularity contest between LDP and opposition

20 June 2024
A Hitachi train in the U.K.: The Japanese company has expanded its rail business through a series of acquisitions. (Geography Photos/Universal Images Group via Getty Images)
Companies

Hitachi eyes Singapore and Malaysia rail markets in race with China

Talks with India 'ongoing' for high-speed trains, says Hitachi's rail chief

20 June 2024
The state secretary and special envoy for international climate action at the German Federal Foreign Office, Jennifer Morgan, speaks during an interview in Tokyo on June 19. (Photo by Yuki Kohara)
Interview

Germany to push for Chinese contributions to climate finance

Beijing has capacity to fund others, says envoy Jennifer Morgan prior to visit

20 June 2024
Some Japanese airports are struggling to keep up with surging inbound tourism. (Photo by Konosuke Urata)
Transportation

Australia's Qantas drops Sapporo flight idea over labor shortages

Japan faces ground staff shortage as oil refiners struggle to meet surging demand

20 June 2024
Komatsu expects demand for mining equipment to grow in Central Asia as more businesses turn to the region's mineral reserves. (Komatsu)
Materials

Komatsu opens Central Asia hub to tap mining rush for EV metals

Region's reserves of lithium and more draw attention as China curbs exports

20 June 2024
The yen has weakened past the 200 mark against the pound to a roughly 16-year low. (Photo by Akitoshi Sugiura)
Currencies

Yen sell-off broadens with fresh lows against U.K. pound, Swiss franc

Japan currency weakens amid limited intervention impact outside of dollar

20 June 2024
Japanese frozen treats include ice cream cups, pictured here, and ice pops. (Photo by Keiichiro Sato)
Food & Beverage

Japanese ice cream melts hearts in Asia with record exports

Taiwan is top overseas market, with Malaysia emerging as new battleground

19 June 2024
Vietnamese wishing to work in Japan learn Japanese at a local recruitment agency in Hanoi. Vietnamese make up half of all foreign technical interns in Japan.
Japan immigration

Japan to ease financial burden on Vietnamese migrant workers

Employers to pay half of recruitment costs under new program

19 June 2024
Marubeni sees its investment in Asia Ingredients Group as a strategic investment for its consumer business in Southeast Asia. (Nikkei montage/Source photos by Daiki Katagiri and Marubeni)
Companies

Japan's Marubeni steps up bets on Southeast Asian consumer business

Trading house looking for several investments over $60m each annually

19 June 2024