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
Japanese ministers Minoru Kihara and Yoko Kamikawa, second and third from left in front row, pose for a photo on Sept. 5 next to their Australian counterparts, Penny Wong and Richard Marles. (Photo by Rurika Imahashi)
International relations

Australia and Japan launch Pacific digital plan, boost defense ties

Foreign and defense ministers meet amid 'serious concerns' over China

5 September 2024
Donald Trump and Kim Jong Un shake hands during a meeting at the demilitarized zone (DMZ) separating the two Koreas, in Panmunjom, South Korea, in June 2019.
Opinion

How North Korea will seek to play the next U.S. president

Pyongyang has tried and trusted method for buying time to develop weapons

5 September 2024
Chinese President Xi Jinping delivers a speech at the Forum on China-Africa Cooperation in Beijing on Sept. 5.
Belt and Road

China pledges billions in fresh Africa aid despite debt concerns

Xi offers slew of support to visiting leaders, including training for security forces

5 September 2024
China's Fosun acquired British travel company Thomas Cook only five years ago, but now it is selling the business. (Source photos by AP)
China debt crunch

China's once-acquisitive Fosun unloads Thomas Cook after 5 years

Sale of travel brand continues downsizing effort as debt burden rises, profits drop

5 September 2024
A Zentiva medical production plant in Prague. (Courtesy of Zentiva Group)
Pharmaceuticals

Europe reliant on Chinese drugs after local products priced out

EU wants to wrest control back from Chinese producers but no clear path ahead

5 September 2024
Belarusian President Alexander Lukashenko attends a news briefing following talks with Russian President Vladimir Putin in Minsk on May 24. (Pool via Reuters)
International relations

Japanese man held in Belarus on spying allegations: local broadcaster

Government source says man in custody is a teacher at a state university

5 September 2024
Secretary-General Toshimitsu Motegi of Japan's ruling Liberal Democratic Party announces his candidacy for party leader on Sept. 4. (Photo by Uichiro Kasai)
Japan's leadership race

Japan's leadership race focuses on aid for inflation-weary voters

Pledges to not raise taxes and extend subsidies risk eroding fiscal situation

5 September 2024
Former Kiribati President Anote Tong speaks with Nikkei Asia on Sept. 3 in Sydney during the Sydney Dialogue hosted by the Australian Strategic Policy Institute. (Photo by Rurika Imahashi)
Interview

Kiribati ex-leader calls on Pacific to confront assertive China

Anote Tong says recent PIF controversy holds lessons for how to deal with Beijing

5 September 2024
Hwang Jung-ho, head of overseas business at HiteJinro, explained the company's ambition to popularize Jinro around the world, in Vietnam in June. (HiteJinro)
Food & Beverage

South Korea's Jinro maker targets tripling overseas soju spirit sales

HiteJinro will use Vietnam plant to meet growing Southeast Asian demand

5 September 2024
Gakken runs 100 classrooms in seven countries outside Japan, including this location in Vietnam. (Gakken Holdings)
Education

Japan's Gakken turns to Vietnam, Malaysia in tutoring push abroad

Goal of 400,000 overseas students by 2030 centers on Southeast Asia

5 September 2024
White House national security adviser Jake Sullivan, left, stand with Vice Chairman of the CPC Central Military Commission Zhang Youxia before a meeting at the Bayi building in Beijing on Aug. 29.
China up close

Analysis: General's smile hints at changes in China power balance

Top military brass return to forefront of diplomacy with U.S.

5 September 2024
Bain Capital has put forward a competing offer for Fuji Soft that tops a bid KKR made in August. (Source photos by Nikkei)
Business deals

Bain Capital, KKR bid for Fuji Soft ahead of Japan's '2025 digital cliff'

Demand to modernize systems surges as aging workforce is set to retire

5 September 2024
Mitsubishi UFJ Financial Group, Mizuho Financial Group and Sumitomo Mitsui Financial Group are working together on the new settlement system. (Photo by Nanami Sato)
Finance

Japan megabanks to tap blockchain and SWIFT for instant trade payments

Cross-border settlement system aims to slash transaction costs for businesses

5 September 2024
IKEA's China subsidiary plans to invest 270 million yuan a year in development and sales of low-priced products.
Retail

IKEA to launch 500 new low-priced products in China over next year

Young consumers tighten purse strings as the economy struggles

4 September 2024
An EV charger next to a Volvo car at the 2024 Canadian International Auto Show in Toronto. Volvo Cars has ditched its plan to go all electric by 2030.
Automobiles

Volvo abandons 2030 EV-only target as demand slows

Swedish automaker expects to still offer hybrid models at target date

4 September 2024
Nio Thinker, presented as a progressive news and opinion site, frequently bashes Donald Trump in its pieces. (Screenshot from Nio Thinker site) 
U.S. elections 2024

China, Iran tap AI to influence U.S. election, experts warn

Fake news sites and 'spamouflage' attempt to sway opinion ahead of vote

4 September 2024
Chinese President Xi Jinping and his wife Peng Liyuan pose with leaders from African nations ahead of a dinner reception for the 2024 Summit of the Forum on China-Africa Cooperation in Beijing on Sept. 4.
International relations

Xi says 2.8bn Chinese and Africans can modernize Global South together

Unbalanced ties, debt concerns loom over gathering of leaders in Beijing

4 September 2024
Semicon Taiwan draws thousands of attendees in Taipei on Sept. 4. (Photo by Shinya Sawai)
Semiconductors

SK Hynix and Samsung seek closer ties with Taiwan's supply chain

AI opportunities and challenges drive unprecedented push for collaboration

4 September 2024
Beijing's antitrust actions have eroded some of the "walled gardens" in China's e-commerce industry. (Photo by Suzu Takahashi)
Retail

Alibaba to let rival Tencent's payment app into its 'walled garden'

Taobao and Tmall sellers will be able to accept WeChat Pay

4 September 2024
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Announcements

Nikkei 225 to add NRI and Muji owner in semiannual review

Replacement to remove Nippon Paper Industries and DIC, effective from Oct. 1

4 September 2024
A pedestrian crossing in Hong Kong in June. Japanese business sentiment in the city has been in negative territory for more than two years. (Photo by Ken Kobayashi)
Hong Kong security law

Hong Kong economic, security pressures sour Japanese business sentiment

Survey shows deepening concern over personnel exodus and information restrictions

4 September 2024
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Media & Entertainment

Nikkei wins top Japan media award for 3D visual explainers

Business daily recognized for interactives on Fukushima wastewater and JAL collision

4 September 2024
Harvard-educated Toshimitsu Motegi is a leading candidate to succeed Prime Minister Fumio Kishida as LDP president in the Sept. 27 party election. (Photo by Uichiro Kasai)
Japan's leadership race

Japan ruling party's No.2 Motegi announces leadership bid

LDP secretary-general known as key supporter of Kishida

4 September 2024