Business deals
Nippon Steel outlines upgrades to two U.S. Steel mills amid buyout opposition
Japanese giant proposes extending operations for decades with $1.3 billion investment
Semiconductors
Nvidia's plunge despite big earnings ripples through Asian tech stocks
Chinese market will remain tough due to U.S. export controls, chip designer warns
US-China tensions
China and U.S. discuss plans for 'leader-level call' in coming weeks
Wang Yi and Jake Sullivan hammer each side's positions on Taiwan, South China Sea
Retail
Sports brands in China turn in uneven performance despite Olympic year
From Anta and Li Ning to Nike, gold medals not enough to ease consumption worries
Business deals
Samsung SDI, GM ink deal to build $3.5bn EV battery plant in U.S.
Factory to start mass production in 2027, will have capacity 'up to 36 GWh'
U.S. elections 2024
JD Vance slams Democrats for allowing Chinese battery plant in Michigan
Gotion's $2.4bn investment targets IRA subsidies, vice presidential candidate says
The Big Story
Tighter U.S.-Japan alliance is unexpected legacy of Kishida-Biden era
Uncertainty over successors threatens momentum of 'global partnership'
Consumer
South Korean cosmetics maker Amorepacific looks past China to U.S.
Company targets American youth with social media ads, high-performance products
US-China tensions
Jake Sullivan meets Wang Yi on China visit to 'manage' tense ties
U.S. national security adviser and China's top diplomat juggling 'complex' agenda
Trade war
China accuses Canada of protectionism over 100% tariffs on electric vehicles
Commerce Ministry says Beijing will take any measures needed to defend Chinese companies
Automobiles
Canada to impose 100% tariff on Chinese EVs, following U.S. lead
Trudeau says Beijing 'is not playing by same rules'; China calls move 'protectionist'
Automobiles
Isuzu to develop self-driving trucks with U.S. startup
Japanese automaker hopes to put fully autonomous vehicles on road by fiscal 2027
Middle East crisis
Malaysia steps up pro-Palestinian stance, straining ties with U.S.
PM Anwar redoubles criticism of Israel after killing of Hamas leader in Iran
Defense
Indonesia, U.S. host joint drills with first cybersecurity agenda
More countries participate in this year's Super Garuda Shield exercise
US-China tensions
China opposes U.S. sanctions on firms over alleged ties to Russia war effort
Latest measures target hundreds of companies in Europe, Asia and Middle East
Media & Entertainment
Disney sees digital engagement as way into new markets, brand officer says
Entertainment giant looks to technology to bridge geographical, generational divides
Pharmaceuticals
Japan's Takeda aims to sell vaccines in U.S., targeting dengue first
Drugmaker hopes to break into market dominated by American and European players
Sports
Shohei Ohtani becomes fastest player in MLB history to join 40-40 club
Los Angeles Dodgers manager hails Japanese baseball star's 'storybook' feat
Interview
Fed's Harker sees possible '2 to 3' rate cuts ahead this year
Philadelphia bank chief open to faster pace of easing than in June outlook based on current data
U.S. elections 2024
RFK Jr. ends U.S. presidential campaign, endorses Trump
Anti-vaccine activist is son and nephew of two titans of Democratic politics
Economy
Fed's Powell says 'time has come' for U.S. to cut interest rates
Jackson Hole remarks as close as he is likely to come to declaring victory over inflation
Bonds
Japan money piles into U.S., China bonds on rate cut expectations
Yen outlook holds key to Japanese investors' moves for rest of 2024
US-China tensions
Jake Sullivan to visit China with eye on last Biden-Xi engagement
Beijing trip will be first by a U.S. national security adviser since 2016
US-China tensions
China tech tensions may turn off U.S. allies, State Dept. official warns
Policymakers debate whether Trump or Harris would take harder line on Beijing
U.S. elections 2024
Kamala Harris says America, not China, will win 21st century
Nomination speech recalls Indian mother, jabs Trump for cozying up to Kim Jong Un