Nippon Steel's planned acquisition of U.S. Steel faces opposition from the American presidential candidates of both major parties.
Business deals

U.S. Steel CEO confident Nippon Steel deal will close 'on its merits'

Burritt eyes 'better and bigger' strategy with Japanese suitor

18 September 2024
Bank of Ayudhya, also known as Krungsri, holds an event in Bangkok on Sept. 17 to mark the new program's launch. (Photo by Kenya Akama)
Finance

Thai bank Krungsri to help companies expand to Indonesia, Philippines and Vietnam

MUFG-owned lender joins forces with peers in ASEAN economies

18 September 2024
Aircraft at the U.S. Marine Corps Air Station Futenma. Okinawa hosts several U.S. military bases.
Japan's leadership race

Japan PM hopeful Ishiba floats joint U.S. base management in Okinawa

Former defense chief calls for updates to status of forces pact with eye on China

18 September 2024
SK Hynix leads the market for high-bandwidth memory. (SK Hynix)
Semiconductors

South Korea's AI memory chips have Japan suppliers hungry for growth

Tokyo Electron and Disco increase investment, hiring near SK Hynix and Samsung

18 September 2024
GLP Japan seeks to expand its warehouse floor space for chilled and frozen food 90% by 2028. (GLP Japan)
Transportation

Japan's Mitsui Fudosan, others to invest $3.5bn in cold storage

Demand for warehouses rises as driver shortage strains shipping chain

18 September 2024
A maglev train runs on a test track in Yamanashi Prefecture. (Photo by Takayuki Matsunaga)
Transportation

Shizuoka prefecture approves drilling survey for maglev train project

Japan's planned high-speed line between Tokyo and Nagoya takes step forward

18 September 2024
Lenovo aims to make 50,000 AI rack servers and 2,400 GPU servers annually at the plant in India.
Technology

China's Lenovo to make AI servers at India plant

Electronics maker also plans Indian R&D hub focused on AI servers

18 September 2024
Japanese logistics company Trancom has been squeezed by a truck driver shortage. (Trancom)
Business deals

Bain joins $700m management buyout of Japan logistics group

Trancom to go private to gain more flexibility amid a tougher trucking industry

18 September 2024
A trainer for the Bamar People's Liberation Army shouts during a training session at a camp in territory belonging to the Karen National Liberation Army in the Myanmar state of Karen on March 6.
Myanmar Crisis

Myanmar military intensifies civilian killings and arrests, U.N. report says

Forces said to have killed 5,350 civilians since Suu Kyi government deposed

18 September 2024
Production costs are high for the Mate XT, the world's first trifold smartphone. (Photo by Itsuro Fujino)
Electronics

Huawei trifold phones being flipped for $7,000 even before release

Limited availability causes prices to soar on online marketplaces

17 September 2024
The planned factory in Mexico would boost Koito's production capacity in the country by around 60%. (Koito Manufacturing)
17 September 2024
Residents wade through flooding at a broken bridge in Myanmar's capital, Naypyitaw, on Sept. 17.
Natural disasters

Myanmar victims push Southeast Asian death toll from Typhoon Yagi past 500

Flooding affects an estimated 631,000 people across the country

17 September 2024
Shigeru Ishiba speaks at LDP headquarters on Sept. 12. Ishiba leads the latest Nikkei/TV Tokyo poll as the public's favorite for Japan's next prime minister.
Indo-Pacific

Asian NATO proposal by Japan's Ishiba seen as 'fantasy' in U.S.

'It's not what we're looking for,' Biden official says of LDP candidate's idea

17 September 2024
Sakana AI, Japan's fastest unicorn, has attracted further investment from three Japanese megabanks and other sources. (Nikkei montage)
Artificial intelligence

Japan's Sakana AI worth $1.5bn in latest megabank fund raise

Top-tier companies invest $70m in partnerships to boost operating efficiency

17 September 2024
The Meidi-ya Ginza commercial building site in Tokyo's Ginza shopping district fetched the highest land price per square meter at 42.1 million yen ($300,000), topping the list for the 19th consecutive year.
Economy

Japan land prices see sharpest rise since 1992 on tourism, foreign investment

Commercial land saw a 2.4% jump while residential land rose 0.9 %

17 September 2024
After the weekly cabinet meeting, Thai Finance Minister Pichai Chunhavajira finally provided initial disbursement details on Pheu Thai's long-delayed 10,000 baht handout scheme that has caused concern in financial circles, including at the Bank of Thailand. (Photo by Adryel Talamantes)
Economy

Thai cabinet approves first tranche of 10,000 baht handout

Flagship Pheu Thai scheme to prioritize poor and disabled this month

17 September 2024
Thai Prime Minister Paetongtarn Shinawatra delivers her government's policy proposal to parliament in Bangkok on Sept. 12. 
Economy

Thai PM Paetongtarn pleads for stability to stimulate economic revival

New leader guarantees medical marijuana, pitches casino complexes

17 September 2024
Midea Chairman and CEO Fang Hongbo, right, hits the ceremonial gong as the appliance maker's shares begin trading in Hong Kong on Sept. 17. (Photo by Kenji Kawase)
Markets

Midea shares rise 8% in Hong Kong after $4bn offering

Chinese appliance maker expands issuance as bourse leans on mainland companies

17 September 2024
A collapsed bridge over Vietnam's Red River has become emblematic of the destruction wrought by Typhoon Yagi.
Natural disasters

Vietnam to rebuild key bridge in wake of devastating super typhoon

Damage from worst storm to hit nation in 70 years estimated at $1.6bn

17 September 2024
Stream article image
Announcements

Nikkei Stock Index 300 to add Japan Post Bank and 2 others

Reshuffle to remove three existing companies, effective from Oct. 1

17 September 2024
The flags of Australia, left, and the United Arab Emirates. Australia is hoping that a trade deal the countries have completed will lead to investment for its minerals sector. (Source photos by Reuters and AP)
Trade

Australia secures trade deal with UAE, eyes cash for critical minerals

Agreement will boost exports by AU$678m a year, minister says

17 September 2024
Activists hold posters reading ‘Repeated deep fake sex crimes, the state is an accomplice too’ at a protest in Seoul on Aug. 30. (Photo by AFP/Jiji)
Opinion

Deep fake porn shows why Korean women must become hypervigilant

Issue reflects societal issues of male sociopathy and insufficient institutional responses

17 September 2024
A Shaheen 3 surface-to-surface ballistic missile is displayed during a Pakistan Day military parade in Islamabad on March 23, 2019.
Defense

China-Pakistan defense ties threatened by new U.S. sanctions

Fresh measures from Washington target Chinese ballistic missile companies

17 September 2024
ACEN plans to close this coal plant in the Philippine province of Batangas 10 years early in 2030. (ACEN)
Finance

Singapore leads new finance system to speed ASEAN decarbonization

Transition credits to turn early coal plant closures into win-wins

17 September 2024
All Nippon Airways parent ANA Holdings is adding new international routes to Europe and elsewhere in a bid to lift profit. (Photo by Kosaku Mimura)
Transportation

Japan's ANA Holdings faces uphill battle to lift valuation

Aviation group bets on international travel to propel post-COVID ambitions

17 September 2024