Flags of participating countries are pictured ahead of the China-Arab summit in Riyadh in December 2022.
Business deals

Saudi sovereign fund PIF signs $50bn deals with Chinese banks

Pacts with 6 institutions encourage 2-way capital flows

1 August 2024
China's Fuzhou and U.S.'s Tacoma delegation at the US-China Sister Cities Summit.
US-China tensions

China woos local U.S. officials as tensions with Washington rise

Delegations of American mayors visiting China have grown since last year

1 August 2024
Nissan President and CEO Makoto Uchida (left) and Honda President Toshihiro Mibe speak at a news conference in Tokyo on Aug. 1. (Photo by Sae Kamae)
Automobiles

Nissan and Honda to jointly develop tech-savvy cars, share EV parts

Mitsubishi Motors welcomed into alliance as Japanese brands race to catch up

1 August 2024
Toyota Motor Kyushu's production line. Sales of the Toyota and Lexus brands in the April-June period fell by 14% on year. (Photo by Toshiki Sasazu)
Automobiles

Toyota's record Q1 net profit comes on weak yen and despite sales drop

Sales in Japan slip after group's safety test irregularities

1 August 2024
President Volodymyr Zelenskyy believes China can play a much more valuable role pressuring Russia to stop its war in Ukraine than posing as a mediator. 
Ukraine war

Ukraine's Zelenskyy wants China to put more pressure on Russia

President tells French media he wants war stopped by China, not mediated

1 August 2024
Supporters of the Balochistan Yakjehti Committee listen to their leader speak during the Baloch National Gathering in Gwadar on the southwestern coast of Pakistan on July 28.
Politics

Protests disrupt Pakistan's Gwadar, home of Chinese-controlled port

Turmoil led by group demanding recovery of victims of enforced disappearances

1 August 2024
A server pours Budweiser at a beer festival in Beijing. Budweiser Brewing Co. APAC, the Hong Kong-listed regional arm of Anheuser-Busch InBev, has reported sharply weaker performance in the country.
Food & Beverage

Budweiser group's China beer sales plunge by double digits

APAC CEO blames drop-off on COVID reopening hangover, weather, weak consumption

1 August 2024
Stream article image
#techAsia

China e-commerce shifts gear and TSMC heads to Europe

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

1 August 2024
JD Vance speaks at a rally in St. Cloud, Minnesota, U.S. on July 27.
Opinion

Childless cat ladies of the world must unite against JD Vance's misogyny

Remarks by Trump's running mate reverberate through Japan and South Korea

1 August 2024
Services benefiting from inbound spending also took a blow. Department store operator Isetan Mitsukoshi Holdings dropped 11.7%. (Photo by Satoko Kawasaki)
Equities

Japan's Nikkei average drops 3.5% as yen jumps to 148 per dollar

BOJ governor's hawkish posture weighs on stocks of exporters like auto companies

1 August 2024
The nomination of Kim Moon-soo as South Korea's labor minister comes with the country experiencing high-profile strikes. (Source photos by Reuters and EPA/Jiji)
Economy

South Korea's Yoon nominates trade union opponent as labor minister

Kim Moon-soo has shed his student activist past to become staunchly conservative

1 August 2024
Metro passengers peer into their phones in Shanghai on July 23. A proposal to create a new online identification system states that it would protect citizens by "minimizing the excessive collection of personal information by internet platforms."
Politics

China's cyberspace ID proposal triggers fear of stricter social control

Lawyers worry system would expand surveillance and make access a licensed privilege

1 August 2024
GDP for the ASEAN six is expected to increase by an average of 5.1% annually until 2034, outpacing China's projected growth of 3.5% to 4.5%. (Source photos by Ken Kobayashi and Reuters)
Economy

Southeast Asia to outpace China's GDP growth and foreign investment: report

Think tank projects 5.1% average growth next decade in six key economies

1 August 2024
Ken Akamatsu speaks to Nikkei Asia during an interview in Tokyo, on July 12. (Photo by Suzu Takahashi) 
Artificial intelligence

AI companies should share revenue with manga artists: Japan lawmaker

Akamatsu suggests AI services set aside 1% of earnings for cultural projects

1 August 2024
Qualcomm's total revenue grew 11%, driven by rising global demand for chips used in AI smartphones, AI PCs and automobiles.
Companies

Qualcomm revenue from China smartphone makers grows 50%, driven by AI

Chipmaker says loss of Huawei export license will affect future earnings

1 August 2024
Venezuela's President Nicolas Maduro shakes hands with China's President Xi Jinping, during a meeting at the Great Hall of the People in Beijing on Sept. 13, 2023.
Opinion

China is the great power that keeps Venezuela's Maduro in power

Beijing quick to congratulate president on questionable election win

1 August 2024
President Xi Jinping must know property-related tax reform is needed, but party cadres with vested interests stand in his way. (Nikkei montage/Source photos by Yusuke Hinata)
China up close

Analysis: 'Chinese dream' gives way to an urban legend in Shenzhen

Real estate heartache leads to a tale of couples feigning divorce to get a loan

1 August 2024
Rising global electricity consumption from the AI boom is a tailwind for Hitachi's power transmission business. (Hitachi)
Companies

Hitachi leans into IT services and power grid, fueling 150% profit surge

Long-term restructuring efforts bear fruit in April-June quarter, tapping AI demand

1 August 2024
Samsung Electronics' troubles in establishing production processes for AI memory semiconductors kept it behind competitors. (Samsung Electronics)
Semiconductors

Samsung's comeback marred by AI chip woes despite strong Q2

South Korean company lags behind rivals in producing advanced HBM semiconductors

1 August 2024
Warren Buffett-led Berkshire Hathaway has drawn down its stake in BYD to less than 5%.
Equities

China EV price wars weigh on BYD, Japan automaker stocks

Chinese subsidies, improved quality add to headwinds faced by Nissan, Honda

1 August 2024
Japanese Prime Minister Fumio Kishida will meet in August with leaders from five Central Asian countries in Astana, the capital of Kazakhstan.
International relations

Japan builds ties in Russia's backyard with Central Asia summit

Tokyo to offer support for decarbonization and logistics in resource-rich region

1 August 2024
A drone from Chinese manufacturer DJI, a dominant player in the world's consumer drone market.
International relations

China revises drone export rules amid U.S., Western scrutiny

Beijing also lifts temporary export controls on some consumer drones Sept. 1

1 August 2024
The BOJ's monetary policy decision on July 31 sent the Japanese yen to a high it had not touched since mid-March. (Photo by Nanami Sato)
Currencies

Yen jumps on BOJ chief's hawkish stance

Kazuo Ueda remains open to further rate hikes, pending economic growth and inflation

31 July 2024
Interior Minister Nancy Faeser attends the official opening of Germany's new national IT Security Center in Bonn during February.
Defense

Germany accuses China of 2021 cyberattack on cartography agency

Berlin alleges espionage, says hackers compromised individuals and companies

31 July 2024
JAL and ANA have seen increased passenger loads -- and have raised some fares -- but the weak yen has offset gains by making fuel and aircraft upkeep more costly. (Photo by Konosuke Urata)
Transportation

Japan's JAL and ANA see Q1 revenue growth but profits drop

Major airlines hit by rising fuel and maintenance costs due to weak yen

31 July 2024