Chinese home appliance maker Midea is set to list in Hong Kong.
Markets

Midea's $3.45bn Hong Kong share offering met with Shenzhen selloff

Appliance maker seeks more funds but dilution, discount anger current investors

9 September 2024
Canadian convenience store operator Alimentation Couche-Tard said in a press release dated Sept. 8 that it will continue efforts to buy 7-Eleven despite its objections. (Photo by Yoshiyuki Tamai)
Business deals

Couche-Tard demands talks on 7-Eleven owner buyout despite rejection

Canadian company 'disappointed' in Seven & i refusal to engage

9 September 2024
Japan's Coco Yoshizawa competes in the women's street skateboarding final during the Paris 2024 Olympic Summer Games. She was one of 11 Japanese gold medalists aged under 25.
Opinion

Japan's skateboarders show Gen Z can be a catalyst for change

Younger people are flipping Japan's perspective on its relations with the world

9 September 2024
In 2023, Japan logged around 660 outbound M&A transactions, up 6% from the previous year, according to Recof Data.
Finance

Japan Inc. eyes larger overseas M&A amid hunt for growth

Politics is increasingly becoming a hurdle in deals abroad, lawyer says

9 September 2024
A board shows one-year movements in Japan's benchmark stock index in Tokyo on Sept. 9. (Photo by Nanami Sato)
Markets

Japanese stocks pare losses after early slide on U.S. economy worries

Markets 'not fully at ease' after weaker-than-expected nonfarm payroll data

9 September 2024
Panasonic Energy says it is ready to begin producing its latest, larger lithium-ion batteries, far right. (Photo by Yo Inoue)
Automobiles

Tesla supplier Panasonic ready to make larger 4680 EV batteries

Greater energy capacity will help automakers cut production costs

9 September 2024
In China, foreign entities can only establish hospitals through joint ventures under existing policy. The country's commerce ministry announced Sunday that it will curb these rules in certain cities to allow full ownership. 
Health Care

China to allow wholly foreign-owned hospitals to lure investment

Beijing, Shanghai, Nanjing, Hainan among major locations identified for initiative

9 September 2024
Sanae Takaichi announces her candidacy for president of Japan's Liberal Democratic Party on Sept. 9. (Photo by Akitoshi Sugiura)
Japan's leadership race

Conservative Takaichi makes 2nd bid in Japan's leadership race

Staunch supporter of late PM Shinzo Abe joins crowded field in LDP election

9 September 2024
New South Wales Premier Chris Minns, right, speaks during the Nikkei Forum Sydney 2024 on Sept. 9. (Photo by Shinya Sawai)
Business trends

Japan and Australia should 'update' trade relations: NSW premier

Nikkei Forum in Sydney focuses on the two countries' future

9 September 2024
Faltering economic activity has prompted global brokerages to scale back their China 2024 growth forecasts to below the official target of around 5%.
Economy

China's consumer prices rise at faster pace in August

Producer price deflation worsens despite government stimulus

9 September 2024
Japan's economy grew by an annualized 2.9% in April to June, versus economists' median forecast for a 3.2% rise in a Reuters poll and down from an initial reading of 3.1%. ((Photo by Konosuke Urata)
Economy

Japan's Q2 GDP growth revised down slightly on consumption, capex

Latest figure down to annualized 2.9% from initial 3.1%, short of forecast

9 September 2024
All six ETFs, which made their market debuts in Hong Kong at the end of April, have posted negative returns as of the end of August. (Source photos by AP and Getty Images)
Market Spotlight

From Hong Kong to Singapore, crypto ETFs face chill

Market turbulence ahead of U.S. election weighs on digital asset funds

9 September 2024
The Henn na Hotel in Tokyo's Hamamatsucho district featured a room with station and train motifs of the city's iconic JR Yamanote line. (H.I.S.)
Travel & Leisure

Quirky Japan hotel chain goes upscale with amenities, collaborations

Henn na Hotel operator H.I.S. shifts focus from expansion to higher room rates

9 September 2024
China's major private automakers, including BYD, posted strong results for the January-June half. (Photo by Shizuka Tanabe)
Automobiles

BYD, Geely soar in China's crowded field as state carmakers slump

Private companies log higher profit in 1st half on strong sales and margins

9 September 2024
North Korean leader Kim Jong Un visits a naval base construction site at an undisclosed location in North Korea, in this photo released by KCNA on September 8, 2024.
Defense

North Korean leader emphasizes importance of strengthening naval power

Kim Jong Un stresses need to build naval port that can operate warships' weapons systems

8 September 2024
Alibaba's office building in Beijing. The tech giant is joining Hong Kong's Stock Connect system that will let mainland investors trade its shares.
Your Week in Asia

Seoul military AI forum, Alibaba's mainland trading, Semicon India

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

8 September 2024
Carbon trading on the Tokyo Stock Exchange has been going on for almost a year though volume lags overseas markets.
Climate Change

Tokyo Stock Exchange carbon trading slowly picks up in first year

Companies prepare for government initiative in 2026 to speed up emission cuts

8 September 2024
A recent guandan tournament in a Beijing mall drew 80 players. (Photo by Kentaro Shiozaki)
Media & Entertainment

China's poker-style 'guandan' takes off as networking tool

Team-based card game finds 140m fans, from financiers to students

8 September 2024
An Appotronics-made projection screen installed in a premium Chinese EV. Demand for such add-on gadgets is growing, the company says. (Photo by Wataru Suzuki)
Interview

Chinese laser display company rides EV boom amid geopolitical pressures

Appotronics says U.S.-China tensions hamper research collaboration

8 September 2024
Chicken breeding is regarded as more feed-efficient with less environmental impact. (Mitsui & Co.)
Food & Beverage

Mitsui's protein push embraces shrimp and poultry

Farming foods seen as more economically and environmentally sustainable

8 September 2024
U.S. Treasury Secretary Janet Yellen in Beijing during an April trip. She said on Sept. 7 that she plans on meeting her Chinese counterpart again soon.
US-China tensions

U.S. Treasury chief Yellen says she may meet Chinese counterpart

Chinese Vice Premier He Lifeng visit to happen 'one way or another'

8 September 2024
Huawei is unveiling a tri-fold phone soon after the expected launch of the iPhone 16 by Apple. (Photo from Huawei social media post)
Telecommunication

Huawei tri-fold phone receives orders from 1.3 million fans in 7 hours

Mate XT to be unveiled soon after the iPhone 16 launch next week

8 September 2024
JDI and Sharp will no longer supply displays for new Apple smartphones after the fourth-generation iPhone SE comes out in 2025. (Photos obtained by Nikkei)
Supply Chain

Japan display makers pay dearly for failing to foresee iPhone's LCD exit

With switchover to OLED, Japanese companies shut out of Apple supply chain

8 September 2024
From left, Australian Prime Minister Anthony Albanese, U.S. President Joe Biden, Indian Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida prepare to hold a Quad summit in Tokyo in May 2022. (Photo by Uichiro Kasai)
Indo-Pacific

Quad plans Biden-Kishida send-off summit in Delaware on Sept. 21

President to host leaders of Japan, India and Australia in home city

8 September 2024
An artist rendering of the planned casino resort in Osaka. (Osaka IR) 
Travel & Leisure

Japan's 1st casino to move forward, eyeing 2030 opening

Osaka operator to forfeit right to withdraw from project

8 September 2024