The Netherlands, home to ASML, is tightening its export restrictions on chipmaking tools.
Technology

Netherlands curbs more ASML exports, in line with U.S. rules

Dutch company is Europe's top semiconductor equipment maker

6 September 2024
Toyota's decision to lower its EV production target for 2026 to 1 million cars, 30% below its earlier sales forecast, was prompted by the slowdown in the global EV market.
Electric vehicles

Toyota to slow EV output to 30% below previous 2026 sales forecast

Japan auto giant revises plan, now eyes 1m cars for global market

6 September 2024
An ammonia tank at JERA's Hekinan thermal power station, in Japan's Aichi prefecture.
Opinion

Japan is quietly in the lead on ammonia-coal co-firing projects

Support from Tokyo is helping to drive Indonesia's green energy goals

6 September 2024
While China is pushing its banks to lend to real estate developers, unfinished apartment buildings can be seen in many cities.
China debt crunch

China's regional banks move quicker to shed bad real estate debt

Net interest margins strained by government pressure to lend more

6 September 2024
People in Haiphong secure fishing boats as coastal Vietnamese areas brace for Typhoon Yagi. (Screenshot from Vietnam Television, VTV1)
Natural disasters

Supertyphoon Yagi forces Vietnam airport closures, including Hanoi

Supply chain and UNESCO tourism site hit, while Hong Kong stock market shut

6 September 2024
Despite its sponsorship of the Euro 2024 soccer championship, BYD has yet to make sales headway in Germany. (Photo by Jens Kastner)
Automobiles

BYD's new German strategy under scrutiny after August sales slump

Lack of trust in after-sales services, low brand recognition seen as problems

6 September 2024
Production of rice in Japan is guided by the government, and deviations from estimates of supply and demand due to weather events and things like higher tourism can lead to shortages and higher prices. (Photos by Junpei Kinefuchi)
Commodities

Japan's rice demand rises amid record tourist numbers

Heat wave and domestic demand also contribute to shortages and price hikes

6 September 2024
Shinjiro Koizumi announced his candidacy to become head of Japan's ruling Liberal Democratic Party on Sept. 6. He is the son of former Prime Minister Junichiro Koizumi and a voter favorite. (Photo by Uichiro Kasai)
Japan's leadership race

Japan's Shinjiro Koizumi announces bid for LDP leadership

Son of former PM, 43, among public favorites joins leadership race

6 September 2024
Japanese artist Yoshitomo Nara's "Puff Marshie (Hirosaki Version, Shanghai Version)" is displayed at the Tokyo Gendai international art fair in July. Strong demand among Japanese collectors at this year's event bodes well for the city's future as a global art hub. (Courtesy of Tokyo Gendai 2024)
Arts

New York gallery sets pace in Japan's nascent art market

Recent sales of contemporary works highlight shift in collectors' attitudes

6 September 2024
Green Rubber Energy's technology offers an alternative to burning waste tires. (Green Rubber Energy)
Climate Change

Japan's Marubeni takes stake in Thailand tire recycling company

Trading house buys into technology that recovers carbon black

6 September 2024
Emergency personnel carry the body of a person killed in a fire at a lithium battery factory owned by South Korean battery maker Aricell, in Hwaseong, Jun. 24. The disaster was the latest in a long-running string of fatal business-related accidents in the country.
Business Spotlight

South Korea Inc. faces reckoning as company CEO awaits trial over factory fire

After battery plant disaster kills 23, campaigners seek justice, safety in workplace

6 September 2024
A view of a wafer on display during Foxconn's annual Tech Day in Taipei in October 2022. The Taiwanese tech scene is deeply integrated with the rest of society.
Opinion

Asia can show the West how to integrate tech with societal needs

Taiwan, India and Japan offer lessons on community integrated innovation

6 September 2024
Incoming Alimentation Couche-Tard CEO Alex Miller argued that buying 7-Eleven operator Seven & i holdings would "deliver a compelling outcome" for shareholders and employees.
Business deals

7-Eleven suitor Couche-Tard 'confident' in financing of buyout

CEO says Canadian company has leeway for 'higher leverage' if needed

6 September 2024
The 1st Multi-Domain Task Force's Mid-Range Capability (MRC) launcher arrives as part of the capability’s first deployment into theater on Northern Luzon, Philippines on April 8. (U.S. Army photo)
Indo-Pacific

U.S. wants to deploy midrange-missile launcher to Japan via drills

Army secretary envisions keeping Typhon in Indo-Pacific for 6 months or longer

6 September 2024
Toyota Motor plans to build a new electric-vehicle battery factory that will supply a nearby Lexus assembly plant. (Photo by Haruka Kadooka)
6 September 2024
Though U.S.-China tensions have cast a shadow over international trade, Alibaba.com's American business is growing fast, the company says.
China tech

Alibaba accelerates U.S. push with AI sourcing tool

Chinese e-commerce giant eyes more overseas expansion as supply chains diversify

6 September 2024
Fuel cell vehicles can be fully charged in a few minutes, much faster than EVs. (Fabian Kirchbauer Photography)
Automobiles

BMW to make fuel cell cars in 2028 by teaming with Toyota

Automakers look to drive down costs of expensive EV alternatives

6 September 2024
Interest in health insurance is growing in Southeast Asia as health awareness rises. (Photo by Fumito Akiyama)
Business deals

Mitsui Sumitomo enters Singapore health insurance via local stake

Japan firm eyes expansion into Indonesia and Vietnam markets

6 September 2024
Jones Lang LaSalle's real estate transparency ranking gave Japan high marks on sustainability, though it lagged on governance. (Photo by Mizuho Miyazaki)
Property

Japan ranked as Asia's most transparent property market by JLL

Environmental rules spur rise to 11th place while Singapore enters top tier

6 September 2024
A sign outside Navis HR's Bengaluru office advertises job placements in Germany for nurses. (Photo by Eugene Lang)
Work

After Japan trainee program, Indian nurses eye Germany as next step

Higher pay and lower barriers to entry draw former technical interns

5 September 2024
U.S. Steel's Mon Valley Works Clairton Plant, left, and a rally by the company's employees in downtown Pittsburgh to display their support for the transaction on Sept. 4.
Business deals

Nippon Steel says not told of Biden block on U.S. Steel buyout

White House set to bar $15bn acquisition, according to media reports

5 September 2024
Seven & i Holdings wants Canadian convenience store giant Alimentation Couche-Tard to reconsider its takeover offer. 
Business deals

7-Eleven owner to tell Couche-Tard $40bn buyout offer too low

Japanese company will send letter as early as Friday, source says

5 September 2024
Hong Kong's skyline, with the International Finance Centre tower at center, developed by Henderson Land Development. (Photo by Ken Kobayashi)
Property

Hong Kong's major property developers suffer from revaluation losses

Reassessments eat into bottom lines as rents drop in weakening economy

5 September 2024
Ko Wen-je, leader of the crisis-torn Taiwan People's Party, speaks to Nikkei Asia in an exclusive interview on Sept. 4, after he was released from custody in a graft probe. (Ko Wen-je's office)
Interview

Taiwan's Ko Wen-je accuses government of witch hunt ahead of fresh arrest

TPP chief detained again in corruption probe, hours after exclusive interview

5 September 2024