Issuance of Suica and Pasmo travel passes will resume in September following a shortage of chips last year. 
Transportation

Japan travel passes available in September after year suspension

Railways stopped selling Suica and Pasmo in 2023 due to chip shortage

23 August 2024
Couples wearing traditional Han Chinese clothing participate in a marriage event in Luoyang, China, on Aug. 10.
Politics

China to cut red tape so more couples tie the knot

Nation aims to boost birth rate as young people stay single in flagging economy

23 August 2024
BYD is challenging top automakers with affordable electric vehicles, like the Seal sedan. (Photo by Yuki Nakao)
Automobiles

China's BYD beats Honda and Nissan in April-June vehicles sold

Leading EV maker shakes up auto industry rankings with affordable price tags

23 August 2024
Leaders seeking to lift productivity cannot ignore the experience of employees, as it is engaged and enabled employees who deliver organisational outcomes.
Opinion

Want to unlock AI productivity? Then don't forget the employee experience

Companies need to rethink how they lead and engage their workers

23 August 2024
Members of the Sri Lankan military board a smuggling ship as part of a training exercise on maritime crime near Trincomalee. (Photo by Takayuki Tanaka)
Indo-Pacific

Indo-Pacific nations embrace U.N. exercises to fight maritime crime

China provocations contribute to growing interest in boosting security

23 August 2024
Demand for machine tools has been strong in China and North America, but has sputtered in Europe and Japan. (Photo by Takuro Hosoda)
Business trends

Japan machine tool orders rise in July on Chinese demand

Exports buoyed by Beijing's subsidies, offsetting weak home market

23 August 2024
Japan's Financial Services Agency will tighten disclosure requirements surrounding cross-shareholdings. (Photo by Fumi Matsumoto)
Equities

Japan looks to keep companies honest about cross-shareholding cuts

Tighter disclosure rules aim to keep shares from being repurposed in name only

23 August 2024
Soldiers instruct employees on how to use gas masks in the basement of a government building in Seoul, during an air raid drill on Aug. 22. (Photo by Ahn Seong-bok)
Defense

South Korea preps for nuclear, chemical attacks with nationwide drill

Civilians move underground during air raid exercise as tension with North mounts

23 August 2024
Online marketing accounts for more than half Baidu's total revenue.
China tech

Baidu's AI push fails to boost core revenue amid China's economic slump

Chinese search engine leader's Q2 sales dip 0.4% on online marketing slide

23 August 2024
MUFG Bank previously invested 19.1 billion rupees in DMI Finance in 2023.
Finance

Japan's MUFG Bank to invest additional $330m in India's DMI Finance

Financial group builds on 2023 stake as partnership progresses

22 August 2024
Oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia, in June 2023. Figures from the Middle East suggest Shanghai Petrochem now sources 10% of its crude from Russia.
Commodities

Shanghai Petrochem reveals more Russia oil buying as Li Qiang visits

Executive stresses 'price' is key; Chinese premier cements economic ties with Putin

22 August 2024
A Russian-owned oil tanker. An Indian refiner says the country's "requirement for Russian oil is going to go up as long as there are no further tightening of sanctions."
Trade

India surpasses China to become Russia's top oil buyer in July

Russian crude makes up a record 44% of India's overall imports

22 August 2024
Bank of China joined a growing list of Chinese companies terminating contracts with PwC as the collapse of China Evergrande put the auditor's work in doubt.
Caixin

PwC loses largest China client in wake of China Evergrande storm

Penalties on professional services firm over 'negligence' likely to come soon

22 August 2024
Stream article image
#techAsia

China becomes a player in console games

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

22 August 2024
Nippon Steel and JFE Steel will buy stakes in Whitehaven's Blackwater coal mine in Australia to secure supplies of high-grade coking coal. (Nippon Steel)
Business deals

Nippon Steel, JFE Steel to invest $1bn in Australian coal mine

Japanese steelmakers want higher quality coking coal to cut CO2 emissions

22 August 2024
National flags flutter at the border dividing the Korean Peninsula.
North Korea tensions

South Korea calls out North's silence on Yoon's unification vision

Seoul has offered working-level talks as part of potential new dialogue channel

22 August 2024
Japanese companies' strong earnings during the April-June period encouraged investors to buy while their stock prices were down. (Photo by Shunsuke Inaba)
Equities

Japanese stocks erase losses from tailspin on brighter U.S. outlook

Companies' strong April-June performances boost share prices

22 August 2024
A real estate property developed by Kaisa Group Holdings in Beijing. The company's losses continue to pile up.
China debt crunch

China developers' loss warnings exceed $8bn in past week alone

Kaisa reports more red ink; Sunac takes big blow despite Xi's 'bright prospects'

22 August 2024
Part of a treated water dilution and discharge facility at the Fukushima Daiichi nuclear complex is pictured during a tour for foreign media in August 2023. Eugene Hoshiko/Pool via REUTERS
Environment

Operator halts attempt to extract melted fuel from Fukushima nuclear plant

Would have marked first such attempt since devastating 2011 quake and tsunami

22 August 2024
Big Japanese department stores have benefited from tourists' luxury shopping. (Photo by Haruka Kadooka)
Consumer

Chinese tourists buying Gucci make Japan exception to global luxury slump

International shoppers reap fruits of weak yen at Tokyo department stores

22 August 2024
The global chip market grew 18.3% in the second quarter. (Photo by Masayuki Kozono)
Semiconductors

AI-fueled demand buoys semiconductor market while legacy chips lag

Materials suppliers and producers in mature sectors left behind in current upcycle

22 August 2024
Tibetan spiritual leader the Dalai Lama visits Switzerland in 2018. He has been in the U.S. since June for medical treatment on his knees.
International relations

U.S. senior officials meet with Dalai Lama in New York

Chinese Embassy 'gravely concerned' over engagement with Tibetan spiritual leader

22 August 2024
A boy swims in a pool at a Vinhomes condominium complex in Ho Chi Minh City: Demand for housing in Vietnam's big cities outstrips supply, buoying prices.
Property

Vietnam's housing market sees green shoots of recovery

Fears of crash subside but apartment shortage persists

22 August 2024
Seven & i Holdings, which operates the 7-Eleven convenience store chain, is one of Japan's leading retailers.
Business deals

Seven & i's proposed buyout to require preapproval by Japan

Foreign investment rules could hinder Couche-Tard's bid for 7-Eleven parent

22 August 2024
Tamra wind farm, the first offshore wind development in South Korea, located off Jeju Island, consists of 10 wind turbines and has already generated substantial economic benefits by creating jobs during the construction and operational phases.
Opinion

Asia needs low-cost financing to harness offshore wind

Strategic investment, partnerships are key to region's renewable energy ambitions

22 August 2024