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May 25th, 2023

Buffett's shifting Asian portfolio

Geopolitics push the "Oracle of Omaha" from China to Japan

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The Big Story

Warren Buffett's shifting Asian portfolio

Geopolitics push 'Oracle of Omaha' to move away from China and invest in Japan

Warren Buffett, the 92-year-old CEO of U.S. investment company Berkshire Hathaway, is increasing his stake in Japan and moving away from Chinese investments as Sino-American tensions mount. 
Tokyo's nighttime businesses have been slower to recover than those of other major urban centers around the world.
Datawatch

Tokyo nightlife still not fully lit despite global COVID recovery

NASA data on luminosity shows city at 90% of pre-pandemic levels

Nancy Pelosi, then U.S. House speaker, center, gestures as she leaves parliament in Taipei on Aug. 3, 2022. 
Opinion

Asians can think for themselves on Taiwan

Outspoken Western leaders are putting region's peace at risk

U.S. President Joe Biden with Ferdinand Marcos Jr. at the White House on May 1: The Biden administration's success with the Philippines is a rare bright spot.
Opinion

U.S. needs more friends to counter Beijing's ambitions

Ideology must not get in the way of coalition building

G-7 leaders pose for a photo after laying flower wreaths during a visit to the Hiroshima Peace Memorial Park as part of their summit in the Japanese city on May 19. (Pool via Reuters)
The Nikkei View

G-7 'Hiroshima Vision' rekindles push for nuclear disarmament

Nations must work together to rebuild nonproliferation regime

Telcos and tech firms are investing in subsea cable to meet surging demand in Asia. (Photo courtesy of NEC)
Business Spotlight

Asia's internet cable projects delayed by South China Sea tensions

Telcos and tech giants look to bypass region as Beijing presses territorial claims

Apple is taking a hands-on approach to production of micro-LED screens, a next-generation display technology that it plans to introduce first with its Apple Watch.
Supply Chain

Apple dives into display-making to cut reliance on Samsung

iPhone maker makes billion-dollar bet on micro-LED screens

Fukui Tower Sky Residence, left, is a 28-story, 118-unit condominium being constructed near JR Fukui Station. (Illustration courtesy of Haseko Real Estate Development)
Property

Luxury condos spreading around Japanese cities and selling fast

Low interest rates, rising costs, rich retirees fueling trend in smaller cities

cdf Haikou International Duty-Free City in Hainan province, China. Both foreign visitors and those from mainland China can purchase duty-free goods in the province. (Photo by Yusuke Hinata)
Business trends

'China's Hawaii' lures top global brands with tax-free promise

Planned tariff exemptions in Hainan by 2025 to boost demand for luxury goods

Indonesia's President Joko Widodo hopes banning exports of raw bauxite and other minerals will draw investment to the country.
Asia Insight

Indonesia bets on critical mineral export bans as deadline nears

History of policy flip-flops could hamper climb up resource value-chain

Some China-listed companies have switched to auditors in the U.S. and Singapore amid pressure to open their books to American regulators.
US-China tensions

Chinese companies switch auditors to avoid U.S. delisting risk

American, Singapore companies gain business as accountant inspections begin

According to the Japan External Trade Organization, the $721 million stolen from Japan by North Korean hackers is 8.8 times greater than the value of North Korea's exports in 2021.
Cryptocurrencies

North Korean crypto thefts target Japan, Vietnam, Hong Kong

Study finds Japan's $721m loss accounts for 30% of global total since 2017

Indian Prime Minister Narendra Modi speaks with Nikkei Asia in New Delhi on May 18, the day before his departure to attend the G-7.
Interview

Modi says he will 'amplify concerns of Global South' at G-7

India PM says presence in Quad, Shanghai Cooperation Organization 'not contradictory'

A Karenni child carries a pail in a camp for internally displaced people in Kayah state, eastern Myanmar, in July 2022. Many people in the region were forced to flee their villages when fighting erupted following the military takeover in February 2021.
Life

Myanmar's 'forgotten people' bear brunt of war

Conflict sheds light on the Karenni, who have sought autonomy for 75 years

Blackpink performs at the 2022 MTV Video Music Awards in Newark, U.S., in August 2022. Half of the songs on the South Korean group's latest album have entirely English-language lyrics, while the others are a mix of Korean and English.
Tea Leaves

Has K-pop's global march lost rhythm?

Musical arm of the cool Korean wave is only marking time