China's Foreign Minister Wang Yi is expected to hold talks with Myanmar's military regime officials on Wednesday. 
International relations

China's top envoy to meet military regime officials in Myanmar

Wang Yi's trip to region comes as wary Beijing pushes Naypyitaw to restore stability

14 August 2024
Chinese President Xi Jinping, center, poses with leaders of Arab nations before the opening of the China-Arab States Cooperation Forum in Beijing on May 30. (Pool photo by Reuters)
Comment

How China's peace diplomacy could endanger global stability

Beijing prioritizes showcasing its power over achieving lasting peace

14 August 2024
Kiribati President Taneti Maamau speaks during a plenary session at the COP28 U.N. Climate Summit, Saturday, December 9, 2023, in Dubai, United Arab Emirates.
Indo-Pacific

Kiribati election poses test for China-friendly leader

Critics say pivot to Beijing hasn't solved Pacific island nation's core issues

14 August 2024
Mercari has struggled in the U.S. as inflation-hit consumers tighten their purse strings.
Retail

Japan resale app Mercari delivers record profit amid U.S. troubles

China e-commerce platforms like Temu lure away Americans with cheaper products

14 August 2024
Meiji Yasuda unit StanCorp is the sixth-largest U.S. provider of all-employee group disability insurance and ranks 20th for voluntary group policies.
Business deals

Japan's Meiji Yasuda Life to buy Allstate insurance unit for $2bn

Provider looks to bolster group insurance business in the U.S.

14 August 2024
Amid surging labor demand in an AI boom, Vietnam aims to train at least 50,000 chip engineers and designers by 2030 as industry giants look to offset severe staff shortages in their home markets. (Illustration by Yoshiko Kawano)
The Big Story

Vietnam turns chip sector magnet with affordable, quality talent pool

US, Taiwan, South Korean players beat path to Vietnam though boom strains resources

14 August 2024
Fanuc is focused on reducing excess inventory instead of building new capacity. (Photo by Hirofumi Hasebe) 
Technology

Japan's Fanuc builds $4bn cash hoard. Is it ready to spend?

Investors watch for next step from robot maker as rivals spend more freely

14 August 2024
For decades in Japan, "leaders" have been understood to be people, usually men, holding management positions at large corporations. (Photo by Satoko Kawasaki)
Opinion

Japan can tap seniors' know-how by redefining leadership

In an inclusive society, you're never too old to contribute

14 August 2024
Seven & i plans to achieve net-zero carbon dioxide emissions in Japan by fiscal 2050. (Photo by Kosuke Imamura) 
Energy

Japan 7-Eleven parent to source renewable power for group stores

Seven & i wants green energy for 40% of electricity at domestic locations in fiscal 2030

14 August 2024
CATL's new showroom, which does not sell cars, features models from around 50 global brands. (Photo by Shizuka Tanabe)
Electric vehicles

CATL markets itself directly to consumers in rivalry with BYD

Company showroom sports 50 EV brands from Tesla to Xiaomi, all with its batteries

14 August 2024
SMFG first agreed to purchase a stake in Jefferies Financial Group in 2021 as part of a strategic partnership.
Finance

Japan's SMFG lifts Jefferies stake to boost investment banking ops

Financial group chases domestic peers in key business segment

14 August 2024
Net profit is expected to fall 1% this fiscal year for companies on the Tokyo Stock Exchange's Prime market. (Photo by Mizuho Miyazaki)
Business trends

Japan Inc. projects 1% net profit dip on yen uptick and U.S. worries

Outlook for fiscal year improves slightly, but slump continues in autos and steel

14 August 2024
NagaWorld in Phnom Penh. A suspended Russian project is weighing on the Cambodian casino group. (Photo by Masayori Ishikawa)
Media & Entertainment

Cambodia's NagaCorp flags up to $95m charge on Russia casino project

Stalled Vladivostok resort threatens to push company into the red

13 August 2024
The spotlight is back on corruption in the Chinese People's Liberation Army.
Opinion

Xi's anti-graft purge of the PLA is limited and has dubious motives

Efforts are as much about ensuring loyalty to China's leader as tackling corruption

13 August 2024
The stocks of major exporters Sony Group and Toyota Motor rose 5% and 3.3%, respectively, on the Nikkei average by the end of trading on Tuesday. (Photo by Yutaka Miyaguchi)
Equities

Japan stocks surge 3.5% on return from holiday with weak yen's support

Chip-related companies, major exporters gain in rally

13 August 2024
These vehicle carcasses were left by a fire that broke out Aug. 1, reportedly under the hood of a Mercedes-Benz EV in the underground parking lot of an apartment complex in Incheon, South Korea.
Electric vehicles

South Korea EV fires spark calls for stricter safety rules

Analysts foresee potential sales decline in fallout after blazes

13 August 2024
Shanghai's Lujiazui financial district. The city was the first to establish a QDLP in 2012 and counts $5 billion worth of allocations through the mechanism so far.
China debt crunch

China mechanism for foreign investment faces tighter scrutiny

Checks meant to curb risk and ensure taxation create bottlenecks amid high demand

13 August 2024
Tesla CEO Elon Musk, left, and Republican presidential nominee and former U.S. President Donald Trump 
U.S. elections 2024

Trump tells Musk he hopes to 'get along' with Xi, Putin in X interview

Former President also says to Tesla CEO not everybody should have an EV

13 August 2024
Philippine Coast Guard personnel, right, salute a Vietnam Coast Guard vessel during their joint drills conducted in Manila Bay on Aug. 9. (Photo by Ramon Royandoyan)
South China Sea

Philippines-Vietnam drills show ASEAN a solution to China

Big step as partners cooperate in South China Sea without presence of U.S. or Japan

13 August 2024
Marriages in China are falling near levels last seen during the COVID-19 pandemic. (China Daily via Reuters)
Society

China's soaring 'bride prices' in focus as marriages decline

High cost of living, gender imbalance raise traditional payments

13 August 2024
The Hokuriku Shinkansen extension is now seen costing up to 5.3 trillion yen, more than double the original forecast. (Photo by Yo Inoue)
Transportation

Japan bullet train extension plan under pressure as costs soar

Benefits of project in doubt with price tag seen rising up to $36bn

13 August 2024
A soldier with the Japanese Ground Self-Defense Force takes part in a military drill on the uninhabited Irisuna island close to Okinawa, Japan, in November 2023.
Opinion

Japan must hedge currency risk to avoid defense funding crisis

Biggest military buildup since World War II at risk from fluctuating forex

13 August 2024
The Disney Dream cruise ship docks at an island in the Bahamas. The group has five vessels in its current fleet. (Photo obtained by Nikkei)
Travel & Leisure

Disney takes its cruise ships to Singapore, Japan in major expansion

Fleet will more than double by 2031 with new operations in Asia

13 August 2024
Around 1,500 people from the Korean Peninsula worked at the Sado mines during World War II, according to the exhibit. (Photo by Junnosuke Kobara)
Japan-South Korea ties

Japan sheds light on Korean wartime labor at World Heritage Sado mines

New exhibit details brutal conditions but stops short of saying workers were 'forced'

13 August 2024
Zeekr's high-end electric vehicles such as the 009 model, right, have gained a following in China. (Photo by Tomoko Wakasugi)
Electric vehicles

China's Zeekr to bring luxury EVs to Japan in 2025

Geely brand follows BYD into market that is less crowded than China's

13 August 2024