China has been fighting to beef up its chipmaking capabilities in the face of U.S. restrictions. (Nikkei montage/Source photo by Getty Images)
Semiconductors

China will make just 2% of most advanced chips by 2032, report says

U.S. set to triple its semiconductor manufacturing capacity due to CHIPS Act

8 May 2024
Defense chiefs from the four "Squad" nations. From left, U.S.'s Lloyd Austin, Australia's Richard Marles, Japan's Minoru Kihara and the Philippines' Gilberto Teodoro in Hawaii on May 2.
Indo-Pacific

Philippines first, India later, as U.S. prioritizes 'Squad' allies

White House turns attention to Beijing-Manila tensions in South China Sea

8 May 2024
BYD Americas Stella Li poses at an event as the Chinese EV maker announces the launch of its Dolphin Mini in Mexico City on Feb. 28. Li says the U.S. should not put BYD in the same category as Huawei and TikTok.
Technology

BYD Americas CEO says EV maker is not TikTok or Huawei

Chinese EV giant has no plan to enter US as country becomes less an open market

7 May 2024
The Taipei skyline. A former ambassador in the Donald Trump administration blamed regional tensions on Chinese President Xi Jinping and insisted Washington's position on Taiwan will not change regardless of who wins the November election. 
US-China tensions

Trump ex-envoy 'reassures' Taiwan on U.S. support against 'belligerent' Xi

VP-elect Hsiao tells forum Taipei must 'invest in building our strength first'

7 May 2024
Jollibee founder Tony Tan is part-owner of the Philippine real estate company DoubleDragon, which fully owns the hospitality brand Hotel101. (Nikkei montage/Source photos by Getty Images and Hotel 101) 
IPO

Jollibee founder Tony Tan backs hotel SPAC deal despite lull in IPOs

Philippine fast-food king plans to disrupt hospitality sector with Hotel101

7 May 2024
Automation of back-end chipmaking processes has lagged behind front-end production. (Intel)
Semiconductors

Intel assembles Japan team for chipmaking automation

Tie-up aims to mitigate geopolitical risks in 'back-end' production

7 May 2024
A Berkshire Hathaway shareholder wears a Warren Buffett T-shirt at the company's annual general meeting in the U.S. city of Omaha on May 4.
Companies

Warren Buffett tells why Berkshire Hathaway's cash pile is nearing $200bn

'We only swing at pitches we like,' billionaire investor says

6 May 2024
A Sam's Club in Shenzhen: U.S. retail giant Walmart is the pioneer in the membership warehouse supermarket segment in China. (Photo by Kohei Fujimura)
Retail

In China, Costco, Sam's Club make play for thrifty shoppers

Membership-based chains hang on to customers with low prices, free samples

5 May 2024
U.S. national security adviser Jake Sullivan speaks at the FTWeekend Festival in Washington on May 4. (Photo by Ken Moriyasu)
US-China tensions

TikTok under U.S. ownership makes sense, Jake Sullivan says

National security adviser finds 'no reason' why divestment should not happen

5 May 2024
Berkshire Hathaway Chairman Warren Buffett attends the company's annual shareholders meeting in Omaha, Nebraska, on May 3.
Markets

Warren Buffett saw 'compelling' reasons to buy Japan trading houses

Prominent investor downplays unloading Apple shares at Berkshire annual meeting

5 May 2024
Warren Buffett, the chairman of Berkshire Hathaway, has called Apple the second-most important business after Berkshire's cluster of insurers.
Companies

Buffett's Berkshire Hathaway reduces large Apple stake

Sale may signal legendary investor's change of heart over U.S. tech company

4 May 2024
Adm. Samuel Paparo, the new commander of the U.S. Indo-Pacific Command, vowed to preserve the free and open Indo-Pacific. (U.S. Navy)
Indo-Pacific

China's territorial claims illegal, deceptive: U.S. Indo-Pacific chief

Adm. Samuel Paparo says Beijing's actions go further than 'gray zone'

4 May 2024
Julia Turner, the U.S. special envoy on North Korean human rights issues, wants Pyongyang to return to the negotiating table. (Photo by Yukihiro Sakaguchi)
International relations

U.S. will press North Korea to resolve abductions issue: special envoy

Aging families of Japanese abductees raise 'extreme sense of urgency,' Julie Turner says

4 May 2024
The yen strengthened to the 151 level against the dollar, the highest since April 10.
Currencies

Yen surges against dollar, but weakness concerns remain

Finance minister declines comment on currency's level or suspected intervention earlier

4 May 2024
A surge of tourists has raised concerns about overtourism in Japan. Airbnb CEO Brian Chesky says his company can help address the issue with tools designed to spread out travel.
Interview

Airbnb CEO says Asia-Pacific has 'greatest growth potential'

Platform using tools to spread out travel to address overtourism

4 May 2024
Japanese Prime Minister Fumio Kishida tried to urge the U.S. to reverse its inward-looking shift in a speech to a joint session of Congress in April. 
Comment

Kishida tapped Reagan speech writer to press U.S. for Ukraine aid

Japanese prime minister mixed in humor to make his case to Congress

3 May 2024
Vessels belonging to Australia, the U.S., Japan and the Philippines take part in drills off the coast of the Philippines on April 7. (Australian Defence Ministry)
Defense

U.S., Australia, Japan, Philippines eye more maritime exercises

Four-way meeting follows recent South China Sea aggression by China

3 May 2024
Apple faces China headwinds amid stiff local competition and slowing iPhone sales
Technology

Apple CEO calls China 'the most competitive market in the world' as iPhone sales drop

Japan and Asia-Pacific lead revenue decline in the January-March quarter

3 May 2024
The USS Essex amphibious assault ship leaves BAE Systems' Pride of California dry dock in San Diego in September 2023. Shipyards in the U.S. have struggled to maintain their workforces. (U.S. Navy)
Indo-Pacific

U.S. Navy to identify which Indo-Pacific shipyards it can use in wartime

Up to six repair availabilities requested in countries like Japan, South Korea and India

3 May 2024
U.S. B-1B Lancer bombers fly with Japan Self-Defense Forces F-2 fighter jets near Kyushu. (U.S. Air Force via Reuters)
Defense

Japan eyes high-level talks on U.S. nuclear umbrella: defense minister

New framework would elevate discussion on American extended deterrence

3 May 2024
Nikkei Asia reported on April 30 that Mayer Brown was splitting from its China and Hong Kong operations. (Photo by Yuki Kohara) 
US-China tensions

U.S. law firm Mayer Brown confirms split from China operations

Hong Kong entity JSM to oversee Beijing and Shanghai offices

2 May 2024
The U.S. Federal Reserve has held off on a rate cut amid sticky inflation.
Currencies

Yen's surge after Fed announcement stirs fresh intervention talk

Data suggests authorities possibly pumped in $19bn to prop up yen

2 May 2024
The OECD on May 2 raised its global growth forecast to 3.1% this year and 3.2% in 2025, up from a February prediction of of 2.9% in 2024 and 3% in 2025. 
Economy

OECD upgrades global growth outlook as U.S. outperforms

China to grow faster than expected, with EU, Japan remaining sluggish

2 May 2024
A survey by the Pew Research Center shows more Americans view China as enemy than they did four years ago.
Politics

Anti-China sentiment in U.S. grows over past 4 years, Pew survey says

Over 40% of Americans see Beijing as an enemy; 81% hold unfavorable view

2 May 2024
U.S. Secretary of State Antony Blinken and Chinese President Xi Jinping met in Beijing in June 2023, left, and then again in April 2024. Notice the difference in indoor plants from one meeting to the next. (Source photos by Reuters)
China up close

Analysis: Xi Jinping sends a message but no flowers to Antony Blinken

China's symbolism indicates that relations with U.S. are deteriorating further

2 May 2024