The Nikkei Stock Average was off by more than 1,500 points, or 4%, at one point on Sept. 4, driven lower by a sell-off in U.S. shares. (Photo by Sae Kamae)
Equities

Japanese stocks off 4% as U.S. tech stocks dive, led by Nvidia

Concerns over U.S. economy, strong yen, trigger sell-off

4 September 2024
Nvidia will consider collaboration in research and training with Sakana AI and also support the utilization of the essential graphics processing units. (Source photos by Shinya Sawai)
Artificial intelligence

Nvidia to become a big shareholder in Japan's Sakana AI

Startup to be Japan's fastest unicorn; chipmaker to also support GPU supply

4 September 2024
The Japanese startup Whill's new personal mobility model features replaceable batteries and a tight turning range. (Photo by Yuichi Shiga) 
Startups

Toyota-backed startup's new elderly scooters have swappable batteries

Whill looking at Asia, Europe and Canada following U.K., U.S. and Japan

4 September 2024
Alice Guo appears at a Philippine Senate hearing on May 22. (Philippine Senate)
Politics

Fugitive Philippine ex-mayor arrested in Indonesia

Alice Guo accused of links to Chinese crime syndicates

4 September 2024
Japan's Nippon Steel has proposed acquiring U.S. Steel, but the deal faces stiff opposition in America. (Photos by Nanami Sato and AP)
Business deals

Nippon Steel promises most of U.S. Steel board will be American

Governance policy comes amid resistance to deal from presidential candidates

4 September 2024
Former child star Ke Huy Quan quit acting for 20 years after struggling to find work in Hollywood. He returned with a bang in 2022, becoming the first Vietnamese refugee to win a best actor Oscar for "Everything Everywhere All at Once."
Tea Leaves

Golden age for Hollywood's Asian leading men

New generation of cinema stars upturns traditional notions of macho male leads

4 September 2024
Japan's flat tax on financial income tends to lead to a lower effective tax rate for wealthier people. (Photo by Arisa Moriyama)
Japan's leadership race

Japan LDP leadership hopefuls spar over higher investment income tax

Ishiba calls for fairer system, while opponents worry about discouraging investment

4 September 2024
A giant screen shows news footage of Chinese President Xi Jinping attending the third plenary session of the 20th Central Committee of the Communist Party of China in Beijing on July 18.
Opinion

Rising dissent in China puts Xi Jinping's vision for 2025 at risk

Economic malaise challenges CCP's social contract with the people

4 September 2024
An apartment complex in Dalian advertises the sale of completed units. (Photo by Kentaro Shiozaki)
Property

China home presales sink to 18-year low amid unfinished properties

Fearing nondelivery, buyers look to completed homes for purchase

4 September 2024
Kathy Hochul's office fired Linda Sun in March 2023 after discovering evidence of misconduct, a spokesperson for the governor said.
US-China tensions

Ex-aide to New York governor charged with acting as Chinese agent

Linda Sun blocked Taiwan representatives from meeting with officials: prosecutors

4 September 2024
Mongolian President Ukhnaagiin Khurelsukh, left, with Russian President Vladimir Putin at a welcoming ceremony in Ulaanbaatar on Sept. 3. (Sputnik/Kremlin via Reuters)
International relations

Mongolia's defiance of Putin arrest warrant shows reliance on Russia

Vital energy imports discussed in Russian leader's first visit in 5 years

4 September 2024
A South Korean military unit prepares to leave for Israel in October 2023 on an evacuation mission. (South Korea Ministry of National Defense)
Japan-South Korea ties

Japan, South Korea to agree on mutual expat evacuations from abroad

Deeper cooperation in emergencies lets Kishida highlight improving bilateral ties

4 September 2024
An Airbus A350-1000 at the Singapore Airshow on Feb. 20. A part failed on one of Cathay Pacific's A350-1000 planes minutes after take-off from Hong Kong on Sept. 2.
Transportation

Cathay Pacific inspections find 15 A350s need new engine parts

Japan Airlines reaches out to Rolls-Royce about the components in its Airbus planes

4 September 2024
U.S. Vice President Kamala Harris attends a campaign event focused on Asian American, Native Hawaiian and Pacific Islander communities on July 9 in Nevada, one of seven key states that could decide the outcome of November's presidential election.
Asia Insight

Once neglected, Asian Americans now courted in knife-edge election

Tiny margins in battleground states spotlight voters like Wisconsin's Hmong community

3 September 2024
South Korean President Yoon Suk Yeol, right, and Japanese Prime Minister Fumio Kishida participate in a joint press conference in Seoul on May 27.
International relations

Japan PM Kishida starts 2-day visit to South Korea on Friday

Summit with President Yoon Suk Yeol scheduled during the stay

3 September 2024
Exhibits inside the Hong Kong Museum of War of Resistance and Coastal Defense. (Photo by Kenji Kawase)
International relations

Hong Kong converts defense museum to focus on anti-Japan resistance

John Lee emphasizes WWII exhibits' role in today's 'patriotic education'

3 September 2024
Apple CEO Tim Cook shows off the new iPhone SE featuring 5G and the A15 Bionic chip during an event at Apple Park in March 2022. (Photo by Brooks Kraft/Apple Inc.)
Supply Chain

Japan no longer iPhone display supplier as Apple ends LCD use

U.S. tech giant to switch iPhone SE's screen to OLEDs in 2025

3 September 2024
Bain Capital is proposing a takeover bid for Fuji Soft estimated at around 9,200 to 9,300 yen ($63.13 to $63.81) per share, a price around 5% higher than KKR's offer. (Source photos by Nikkei)
Business deals

Bain Capital makes counteroffer to KKR's takeover bid for Fuji Soft

Rare buyout competition in Japan raises acquisition price by 5%

3 September 2024
The chip industry is pushing to meet surging demand from the AI computing boom.
Technology

TSMC aims to ready next-gen silicon photonics for AI in 5 years

Chip sector driving to develop tech to boost speeds, cut power usage

3 September 2024
Russian President Vladimir Putin takes part in a welcoming ceremony upon his arrival at an airport in Ulaanbaatar, Mongolia, on Sept. 2. (Sputnik/Natalia Gubernatorova/Pool via Reuters)
International relations

Ukraine criticizes Mongolia's failure to arrest Putin

Foreign Ministry calls it 'a heavy blow to the ICC and system of criminal war'

3 September 2024
A China CSSC Holdings shipyard in Jiangyin, northwest of Shanghai. The government is pressuring listed arms of so-called central companies to better "manage market values."
Companies

Chinese state shipbuilders plan merger with eye on 'strong military'

CSSC Holdings, China Shipbuilding Industry aim to 'focus on major state strategy'

3 September 2024
Japan's Chief Cabinet Secretary Yoshimasa Hayashi speaks during an interview with Reuters in Tokyo, Japan July 19, 2024.
Japan's leadership race

Yoshimasa Hayashi enters Japan LDP leadership race

The top government spokesman has also held foreign, defense, education portfolios

3 September 2024
A bus crashed into a group of students near this school in Tai'an, in China's Shandong province, on Sept. 3. (Photo from WeChat account of Foshan Middle School of Dongping)
Society

Bus hits students in eastern China, killing 11 and injuring 13, police say

Driver in custody as authorities investigate deadly crash in city of Tai'an

3 September 2024
Canola fields surround an oil pump jack before harvesting in rural Alberta, in western Canada, in July 2019.
Trade war

China to start anti-dumping probe into Canada canola imports

Beijing says it will use WTO mechanism following Ottawa's 100% EV tariff

3 September 2024
U.S. chipmaker Intel will provide expertise in chip manufacturing to the new facility, which will be run by Japan's National Institute of Advanced Industrial Science and Technology. (Intel)
Semiconductors

Japan to establish chip research center with Intel

Facility to speed up development of equipment and materials via EUV systems

3 September 2024