French President Emmanuel Macron and Japanese Prime Minister Fumio Kishida meet at the Elysee Palace in Paris on May 2.
Defense

Japan and France to start talks on defense cooperation deal

Kishida and Macron affirm support for rules-based order at summit

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
Argentine Foreign Minister Diana Mondino and Chinese counterpart Wang Yi shake hands in Beijing on April 30. (China's Ministry of Foreign Affairs)
International relations

China woos Argentina, Bolivia and Peru to advance Belt and Road

Beijing pursues broader set of partners amid tensions with U.S.

2 May 2024
Proxy sites provide consumers outside Japan with direct access to some of the country's biggest e-commerce platforms. (Photo by Tatsuhiro Yuki)
Retail

Weak yen drives U.S. shoppers to Japan proxy sites

Foreign buyers get their hands on specialty Japanese goods at hefty discounts

1 May 2024
Shot in Himalayan locations, "Shambhala" from Nepal became the country's first film to be shown in the Berlinale's competition section.
Arts

Lesser-known Asian films challenge the world from Berlinale

Festival can be a springboard to success for indie filmmakers

1 May 2024
Unable to source key technological components from the West due to sanctions, Russia is acquiring civilian tech from Chinese online sellers and repurposing it for the battlefield in Ukraine. (Illustration by Yoshiko Kawano)
The Big Story

How China's ad-hoc tech pipeline fuels Russia's Ukraine war efforts

Civilian electronics, sourced from Chinese e-commerce sellers, find their way to the battlefield

1 May 2024
Ono Pharmaceutical's headquarters in Osaka, Japan. (Photo by Nikkei)
Pharmaceuticals

Japan's Ono Pharma to buy U.S. drugmaker Deciphera for $2.4bn

Company seeks new revenue as patent expirations loom on cash-cow product

1 May 2024
U.S. law firm Mayer Brown is set to carve out its Hong Kong operations.
US-China tensions

U.S. law firm Mayer Brown prepares split from Chinese operations

More such moves expected as China business deals slow amid geopolitical tensions

30 April 2024
Gold represents three-quarters of India's imports from European Free Trade Association nations.
Opinion

New European trade pact marks a milestone for India

Agreement provides model for aligning trade and foreign direct investment

30 April 2024
Microsoft CEO Satya Nadella speaks during Microsoft Build: AI Day in Jakarta on April 30. He promised a program to teach AI skills to 2.5 million Southeast Asians by 2025.
Technology

Microsoft to invest $1.7bn in Indonesia cloud, AI infrastructure

Jokowi proposes that U.S. tech giant build facilities in Bali or planned capital

30 April 2024
An HSBC branch in Hong Kong: The London-based lender reported that its pretax profit for the first quarter through March fell to $12.7 billion.
Finance

HSBC chief exec Noel Quinn to retire; Q1 profit narrowly beats estimate

Bank flags $100m hit on upcoming sale of Russia business

30 April 2024
Knot's statements suggest that the ECB would be willing to start reducing its policy rate ahead of the U.S. Federal Reserve.
Interview

ECB rate cut in June 'realistic,' says Dutch central bank chief

Knot cites declining inflationary pressure in eurozone

30 April 2024
Two Cuban K-pop fans pose for a picture at a club in Havana in February. South Korea and Cuba have established diplomatic relations, decades after cutting off exchanges. (Yonhap via Kyodo)
30 April 2024
Elliott's purchase of Sumitomo shares comes amid an uptick in investor activism in Japan.
Finance

Activist fund Elliott buys stake in Warren Buffett-backed Sumitomo

U.S. hedge fund may pressure Japanese trading house to boost value

29 April 2024
At left, a screen displays the environment seen by a self-driving taxi developed by Baidu. At right, a Tesla showroom in Beijing. (Source photos by AP and Reuters) 
Electric cars in China

Tesla to work with Baidu in push to offer self-driving tech in China

U.S. carmaker clears regulatory obstacles but timetable still unclear

29 April 2024
Karen National Liberation Army troops near Myawaddy on April 15: Myanmar's civil war has strengthened ethnic armed groups.
Opinion

U.S. 'nonlethal' aid for Myanmar's ethnic armies likely to backfire

Increased violence would be costly for all parties

29 April 2024
Storage batteries are seen as crucial in the push for wider use of renewable energy. (Photo by Shinya Sawai)
Climate Change

G7 aims to boost power storage capacity sixfold by 2030

Energy ministers to set goal in joint statement with eye on renewables

29 April 2024
Sky-high prices for China-U.S. air cargo routes are expected to become new norm.
Transportation

U.S. obsession for China's Temu, Shein sends air cargo prices soaring

Chinese e-retailers' rising popularity with American consumers places strain on limited capacity

28 April 2024
One of the two men recently charged in the U.K. for spying for China was a parliamentary aide.
Defense

China spy suspects in U.K. and Germany seen as 'tip of iceberg'

Allegations highlight Europe's tricky balance with Xi Jinping expected to visit soon

28 April 2024
Demonstrators wave an Iranian flag in Tehran on April 15, two days after Iran unleashed a drone-and-missile attack against Israel in retaliation for a presumed Israeli airstrike on the Iranian embassy compound in Syria on April 1.
Comment

How escalating tensions in Middle East threaten Asia's security

Risk of multifront conflict grows as 'axis of war' nations deepen military ties

28 April 2024
F&L's Sakabayashi Sushi Tavern officially opened in Boston on April 25 as an izakaya-style sushi restaurant. (Photo by Kenji Asada)
Food & Beverage

Japan's Sushiro parent opens first U.S. sushi restaurant in Boston

Food & Life looks to capitalize off growing appetite for authentic, affordable sushi

28 April 2024