Nikkei Stock Average rose as much as 3,453.38 points, or 10.98%, to 34,911.80 at one point. (Photo by Nanami Sato)
Equities

Japan stocks rebound 3,217 points for their largest single-day rise

Strong U.S. service sector data for July eases concerns of recession

6 August 2024
Evergrande New Energy Vehicle test cars are parked outside its research center in Shanghai in October 2021.
China debt crunch

China Evergrande EV units' bankruptcy adds roadblock for liquidators

Case clouds sale of car group amid move to recover billions from developer's execs

6 August 2024
Japan's top five trading houses -- Itochu, Mitsubishi Corp., Mitsui & Co., Sumitomo Corp. and Marubeni -- have drawn investment from Warren Buffett. (Source photos by Nikkei)
Companies

Buffett-backed Japan trading houses stick to annual forecasts

But conglomerates stay alert over uncertainties such as strengthening yen

6 August 2024
People shop at the Grand Bazaar in Istanbul. Turkey's fragile economy is suffering from high inflation and exchange rate volatility.
Opinion

Japan must wake up to the potential of boosting economic ties with Turkey

PM Kishida should use this 100th anniversary year of relations to visit Ankara

6 August 2024
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Podcast: Tech Latest

China e-commerce ditches low prices for sales growth

Tech Latest: Tune in to Nikkei Asia's podcast for the freshest updates on the tech sector

6 August 2024
Japanese stocks took a big upswing on Aug. 6 after suffering their worst-ever sell-offs in the previous two trading days. (Photo by Nanami Sato)
Equities

Tokyo stocks brace for further volatility after biggest single-day jump

Market wary as it awaits U.S. rate cut decision and Japan real wage data

6 August 2024
A KFC outlet in Shanghai. Yum China Holdings, which operates the fried chicken chain in China, is increasingly targeting cost-conscious consumers. (Photo by Wataru Suzuki)
Food & Beverage

Yum China expands new low-priced eateries in sign of frugal times

Fast food operator posts record quarterly profit as it responds to market 'challenges'

6 August 2024
The groundbreaking ceremony was attended by Prime Minister Hun Manet and others. (Photo by Yuji Nitta)
International relations

Cambodia breaks ground on 'Hun Sen' canal project backed by China

Impact on Mekong River, possible military use by Beijing cause concern in region

6 August 2024
Employees work on the assembly line at a Nissan auto factory in China.
Business trends

Japanese companies growing more wary of operating in China, report shows

Number of businesses down from peak but massive market still alluring

6 August 2024
John Lee, center, in Ho Chi Minh City. He is the first Hong Kong chief executive to visit Vietnam, Cambodia and Laos. (Photo by Lien Hoang)
Trade

Hong Kong has ASEAN backing to join RCEP trade pact: John Lee

City goes on charm offensive after COVID-19, security law dent reputation

6 August 2024
Japanese companies agreed to raise monthly pay by 5.1% on average this year, the biggest gain in 33 years.
Economy

Japan real wages rise in June for first time in 27 months

Nominal pay climbs at strongest pace in nearly three decades

6 August 2024
U.S. markets finished down sharply on Aug. 5 amid fears of an American economic slowdown.
Markets

Market rout turns back to Asia after U.S. plunge

Asia's crash may not have hit bottom after Wall Street's volatility index spikes, analysts say

6 August 2024
Taiwan's President Lai Ching-te, left, and Defense Minister Wellington Koo Li-hsiung, center, attend a ceremony with new army recruits at a military camp in Taichung in June.
Asia Insight

Taiwan turns to own 'Iron Duke' Wellington Koo to deter China

Civilian defense minister aims to sharpen asymmetric warfare capabilities

6 August 2024
A wreath-laying ceremony in the Peace Memorial Park is held as part of the G7 leaders' summit in Hiroshima, Japan, in May 2023.
Opinion

Mutually assured destruction is an outdated nuclear deterrence doctrine

As the world commemorates the Hiroshima bombing, it's time to work toward mutual survival

6 August 2024
Japanese startup Interstellar Technologies plans to launch its Zero rocket for small satellites by 2025. (Interstellar Technologies)
Startups

Japan space startup Interstellar raises $21m from NTT-led backers

Company aims to put constellation of communications satellites in orbit by 2030s

6 August 2024
A wind farm operates in Kazakhstan. Clean energy is a major part of Japan's planned business deals in Central Asia.
International relations

Japan to offer $2bn in trade support for Central Asia projects

Green and digital technology among areas of 200-plus deals due out at summit

6 August 2024
A Canon launch event in Beijing this July. The company sees Gen Zers driving demand for digital cameras in China. (Photo by Shunsuke Tabeta)
Electronics

Canon zooms in on China's Gen Z to boost digital camera sales

Marketing push taps into desire for more eye-catching social media feeds

6 August 2024
A corporate venture capital division was set up within Terumo Americas Holding, located in New Jersey. (Terumo)
Health Care

Japan's Terumo sets up $75m U.S. venture capital fund

Medical equipment maker aims to invest in advanced treatment startups

6 August 2024
Volkswagen, Stellantis, Renault, BMW and Mercedes reported first half net profits that were down from a year earlier. (Photo by Nikkei)
Automobiles

VW, other European carmakers weighed down by EVs, China and R&D

Stellantis sees 48% profit drop in first half, BMW places hopes on Mini Aceman

6 August 2024
Shionogi launched Cefiderocol in the U.S. in 2020, with Japan approving the sale of the antibiotic in 2023. (Photo by Toshiki Sasazu)
Pharmaceuticals

Japan's Shionogi seeks China approval for superbug-fighting antibiotic

Cefiderocol drives drugmaker's overseas sales in U.S. and Europe

6 August 2024
North Korea held a ceremony Aug. 4 to mark the handover of missile launchers to forces stationed near the South Korean border. (KCNA via Reuters)
North Korea tensions

North Korea sends 250 missile launchers to border with South

Kim claims improved effectiveness of tactical nuclear weapons as tensions rise

6 August 2024
The EU in April demanded an immediate risk assessment from TikTok because of concerns about its potential impact on children and users' mental health.
China tech

TikTok withdraws 'Lite' rewards from EU to comply with tech rules

Bloc had demanded risk assessment on mental health concerns

6 August 2024
Honda's sales in the U.S. have grown on a year-earlier basis for 16 consecutive months through June.
Automobiles

Honda to report record Q1 $3bn-plus profit on strong U.S. hybrid sales

Weak yen also lifts operating profit to new heights despite tough Chinese market

6 August 2024
Japanese Prime Minister Fumio Kishida, right, and Mongolian President Ukhnaa Khurelsukh pledged to increase bilateral cooperation when they met in November 2022. (Photo by Yo Inoue)
Defense

Japan, Mongolia to agree on defense equipment cooperation at summit

Ulaanbaatar pursues diverse tie-ups as China and Russia build up military

5 August 2024
Japanese Defense Minister Minoru Kihara, left, shakes hands with his Cambodian counterpart Tea Seiha at the Defense Ministry in Phnom Penh on Aug. 5. (Cambodian Defense Ministry via AP)
Defense

Japan, Cambodia agree to boost defense cooperation, exchanges

Defense chiefs also agree to promote Japan-ASEAN multilateral cooperation

5 August 2024