China's central government is encouraging local governments to acquire property and build affordable housing on it. (Photo by Mizuho Miyazaki)
China debt crunch

China taps public debt to buy unused land from developers

New response to property slump risks further financial woes for local governments

9 August 2024
Tokyu Resorts & Stays plans to quintuple its foreign staff over the next few years, with a focus on restaurant positions. (Tokyu Resorts & Stays)
Japan immigration

Japan hotels scramble for foreign workers as tourists flood country

Tokyu Resorts eyes 5-fold boost in Philippine, Myanmar, Indonesia, Nepal hires

9 August 2024
KakaoTalk, Kakao's main business, helped lift sales in the company's platform division by 10% year on year.
Companies

Kakao's operating profit jumps 18% on strong ad revenue

Founder's indictment could hurt South Korean tech company's reputation

9 August 2024
Japanese meteorological experts provided additional information on the Nankai Trough earthquake on Aug. 8. (Photo by Dai Kuwamura)
Natural disasters

Japan issues advisory over possible Nankai Trough earthquake

Government sees 'relatively higher' chance after 7.1-magnitude temblor off Kyushu

8 August 2024
Kobe Steel is Japan's third-largest steelmaker.
Companies

China's Baosteel, Baowu Aluminum, Japan's Kobe Steel to form joint venture

Japanese steelmaker to take 50% stake in automotive aluminum sheet company

8 August 2024
Nippon Paint's share of the consumer paint market in mid-tier Chinese cities increased. (Photo by Nanami Sato)
Companies

Japan's Nippon Paint posts record profit on strong China demand

Growth in consumer products offset country's real estate slowdown

8 August 2024
Swire owns exclusive rights to manufacture, market and distribute Coca-Cola products in 11 Chinese provinces and the city of Shanghai.
Food & Beverage

Swire's China Coca-Cola business mired in 'subdued' spending

Group turns toward Southeast Asia with 'appetite' for residential property

8 August 2024
Tokyo Electron, a major Japanese chip-tool maker, revised up its annual earnings forecast due to expected strong AI demand. (Tokyo Electron)
Semiconductors

Tokyo Electron ups profit forecast, saying it sees strong AI demand

Chip-tool maker expects more memory chip investments, even as stock price slumps

8 August 2024
Senior Kobayashi Pharmaceutical officials bow at a news conference in Osaka on Aug. 8. (Photo by Yo Inoue)
8 August 2024
Shan Jizhang, a founder, chairman and CEO of Black Sesame International, second from the right, stands next to Hong Kong Exchange CEO Bonnie Chan at the listing ceremony on Aug. 8. (Photo by Kensaku Ihara)
IPO

TSMC-linked China auto chip maker plunges over 30% in Hong Kong IPO

Black Sesame International's weak debut clouds city's tech stock strategy

8 August 2024
Workers get lunch from roadside stalls near buildings under construction in Shenzhen's Qianhai New District, a commercial development sector of the city. The city government has begun to convert unsold apartments within its jurisdiction into affordable housing 
Property

Shenzhen throws weight behind China's drive to absorb unsold homes

City joins nationwide plan to convert abandoned projects into affordable housing

8 August 2024
Stream article image
#techAsia

HP's China shift and Infineon in Malaysia

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

8 August 2024
A rescuer stands by trucks equipped with cranes conveyed by the Japan International Cooperation Agency to the State Emergency Service of Ukraine in the Kyiv region of northern Ukraine, on April 25, 2023.
Opinion

Japan and South Korea must put 'Asia First' over Ukraine support

Focusing on aid to Kyiv risks compromising the two nations' regional security needs

8 August 2024
Workers make Honda SUVs at an auto plant in China's Hubei province.
Automobiles

Japan's automakers lose market share in China, Thailand as EVs spread

Companies rethink their strategy in these countries as competition accelerates

8 August 2024
Oleg Deripaska, founder of aluminum giant Rusal, speaks to Nikkei Asia in an interview in Tokyo on Aug. 5. (Photo by Suzu Takahashi)
Interview

Trade with Asia 'lifeline' for sanction-hit Russia, says Oleg Deripaska

Oligarch says exchange with India and China vital as Ukraine war takes toll

8 August 2024
Bangladesh Prime Minister Sheikh Hasina meets Chinese President Xi Jinping in Beijing, weeks before she was ousted from power. (Photo from X account of China's vice minister of foreign affairs)
Bangladesh turmoil

For China, Bangladesh crisis spells opportunity and awkward social echoes

Beijing treads cautiously after student-led protests oust India-friendly Hasina

8 August 2024
A new exhibit in Hong Kong features photos and videos showing the damage caused by the 2019 protests. (Photo by Kensaku Ihara)
Hong Kong security law

Hong Kong national security gallery imprints 2019 protests as 'destruction'

New exhibits seek to promote Chinese patriotism in face of 'external hostilities'

8 August 2024
The number of job openings in Japan during the April-June quarter was 67% higher than in 2019. (Photo by Yutaka Miyaguchi)
Work

Japan midcareer hires score higher pay amid scramble for talent

Businesses seek experienced workers in shift after pandemic

8 August 2024
An AG&P tanker truck hauls LNG. The company's service area covers 10% of India. (Photo obtained by Nikkei)
Energy

Osaka Gas lends hand in developing India's gas lines

Japanese utility partners with local operator to modernize infrastructure

8 August 2024
Japan Inc. was once praised for its strong sense of community with management often regarded by employees as an extension of themselves.
Opinion

Japan Inc. must avoid America's astronomical executive pay

Wider CEO-employee compensation gap would threaten corporate harmony

8 August 2024
With recently announced draft regulations calling for national internet IDs, Xi Jinping is seen maneuvering to further control online speech. (Nikkei montage/Source photos by Kyodo, Reuters, and Yusuke Hinata)
China up close

Analysis: Xi Jinping's draft internet ID law sparks '1984' fears

Online criticism goes viral, then disappears on eve of Beidaihe meeting

8 August 2024
Amazon provides logistics support for sellers across China. (Photo by Shunsuke Tabeta)
Retail

Amazon develops China seller network to take on Temu, Shein

Chinese upstarts are cutting into U.S. e-commerce giant's share with cheap goods

8 August 2024
China's ACM Research is among the chipmaking equipment companies considering participating in the joint Malaysian-Chinese expo. (Photo by Shunsuke Tabeta)
Semiconductors

Malaysia and China deepen chip cooperation with joint expo

Kuala Lumpur seeks foreign investment to upgrade its 'Silicon Valley'

8 August 2024
Nitto Denko is running a demonstration carbon-capture facility at its plant in Japan's Shiga prefecture. (Nitto Denko)
Climate Change

New, lower-cost carbon-capture materials in development in Japan

Nitto Denko, JFE Engineering and Toray work on membranes for factory emissions

8 August 2024
Daiwa Securities aims to keep more of its wealth management services in-house by offering the loans.
Wealth Management

Japan's Daiwa to launch property loans in wealth management push

Group renews focus on high net worth clients by financing deals $2m and up

8 August 2024