Busan port, South Korea: The U.S. has overtaken China as the country's largest export market. (Yonhap via AP)
Opinion

China is buying less from its Asian neighbors, too

Yet its exports are still rising, raising pressure on local manufacturers

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
The same province that attracts tourists from around the world to Halong Bay is beginning to attract big manufacturers to its relatively cheap industrial parks.
Business trends

Vietnam's tourism hot spot becomes foreign investment hub

U.S.-China conflict and new infrastructure give rise to northern Quang Ninh province

28 April 2024
Kishida said in the interview with Nikkei that Japan is ready to lead the discussion on other global issues such as generative artificial intelligence and free distribution of data in the digital field, as well as climate change. (Photo by Sae Kamae)
Climate Change

Japan's Kishida to lead creation of ministerial dialogue on decarbonization at OECD

58 countries including 'Global South' to join framework to tackle climate change

27 April 2024
Lai Pin Yong, co-founder and chairman of Malaysia's Blue Chip Venture Capital, speaks during an interview in Kuala Lumpur on April 22. (Photo by Hakimie Amrie)
Startups

Malaysian chip-focused venture fund to invest in over 10 startups

Blue Chip founder says $209m fund helps country's semiconductor industry

27 April 2024
The yen hit a new 34-year low against the dollar on April 26. (Photo by Takaki Kashiwabara) 
Currencies

Yen tumbles past 158 against dollar on stubborn U.S. inflation

Japan's currency in intervention territory, but stepping in unlikely to work: Mizuho

27 April 2024
Honda Motor CEO Toshihiro Mibe is spearheading the automaker's North American EV investments. (Photo by Kazuyuki Okudaira)
Automobiles

Honda goes all in on EVs in U.S., Canada despite slowdown worries

Hybrid cars and motorcycles to help pay for $11bn supply chain buildup

27 April 2024
Gita Gopinath is first deputy managing director at the International Monetary Fund.
Interview

IMF's Gita Gopinath: Global trade realignment 'going to last a long time'

'It's going to make it harder for us to achieve our common goals'

26 April 2024
The decision to hold monetary policy steady came as the yen has fallen 9% against the dollar so far this year, hitting a 34-year low of 156. (Photo by Yutaka Miyaguchi)
Bank of Japan

BOJ stands pat, gives no hint of imminent tightening

Recent yen weakness has not stoked sustained inflation, governor says

26 April 2024
Unfinished residential buildings in Tongchuan, in China's Shaanxi province, in September 2023.
China debt crunch

China's distressed property developers reveal wave of job cuts

Defaulted companies carry out double-digit reductions as revenues fall, debts pile up

26 April 2024
A Patriot missile unit outside the Ministry of Defense in Tokyo in 2017: The government should not be taking weapons out of its air defenses at this time.
Opinion

Japan should be worrying about Taiwan, not Ukraine

Given growing threat from China, defense systems needed urgently at home

26 April 2024
Sensoji temple is seen from Asakusa culture tourist information center in Tokyo on April 25.
26 April 2024
Apple's most recent official supplier list shows the company is sourcing from more companies from China. (Nikkei montage/Source Photo by Getty Images)
Business Spotlight

Apple moves closer to China despite supply chain shifts

Japan, Taiwan and U.S. supplier numbers dip as iPhone maker expands in Southeast Asia

26 April 2024
Copper is a big business for Anglo American, accounting for 20% of sales.
Commodities

BHP makes $39bn bid for Anglo American amid copper rush

Australian miner proposes takeover to tap demand in EVs, renewables

26 April 2024
Offshore wind turbines operate off the coast of France. The European Union looks to safeguard its regional decarbonization industry from inexpensive imports.
Climate Change

Japan and EU to unify subsidy rules for EVs, solar panels

Two sides aim to reduce supply chain dependence on China

26 April 2024
Google is expanding its presence in Taiwan as it looks to make its hardware offerings more enticing to users. (Photo by Lauly Li)
Supply Chain

Google to expand hardware R&D team in Taiwan

Search engine giant 'serious' about beefing up equipment and software ecosystem

25 April 2024
Decarbonization Partners, a joint venture between Temasek Holdings and BlackRock, on Thursday announced the final closing of its fund. (Source Photos by Reuters and AP)
Climate Change

Singapore's Temasek and BlackRock venture closes $1.4bn climate fund

Japan's Mizuho and MUFG join investment vehicle to push decarbonization

25 April 2024
Nokia is the world's second-biggest supplier of telecom network equipment after China's Huawei Technologies. (Photo by Lauly Li)
Supply Chain

Nokia cuts orders with China-listed supplier as U.S. pushes 'clean network'

Telecom sector's supply shift escalates as companies avoid even Chinese capital

25 April 2024
Russian Defense Minister Sergei Shoigu inspect drones with an entourage in Moscow. Drones and their components are considered dual-use items.
Defense

Japan sees 'transition phase' in dual-use military export controls

Ministry says changes in global environment require tougher measures

25 April 2024
Lithium, nickel and cobalt recovered from used EV batteries are seen at a recycle plant in Germany. Japan and Europe want to give themselves a leg up in the competition with China for battery materials. (Photo by Eiki Hayashi)
Supply Chain

Japan, Europe to link industrial data platforms for EV battery materials

Public-private initiative will promote rare-metal recycling to counter China

24 April 2024
Asahi Kasei will invest about $1.3 billion in a battery component plant, aiming to start production in 2027. (Photo by Shoya Okinaga)
Supply Chain

Asahi Kasei to build $1.3bn EV battery components plant in Canada

Japan company will supply key parts for Honda's new EV factory

24 April 2024
Chinese People's Liberation Army aircraft conduct training exercises near Taiwan. (Xinhua via AP)
Interview

China wants ability to invade Taiwan by 2027, U.S. admiral says

John Aquilino warns Beijing is building up military despite economic challenges

24 April 2024
Clockwise from top left, a Japanese power station in Kanagawa prefecture, a Sumitomo Corp.-built battery station in Kumamoto city, and wind turbines in Hokkaido's Ishikari bay. (Source photos by Konosuke Urata, Keigo Yoshida and Yasuki Okamoto)
Climate Change

Japan's Sumitomo plans $1.3bn power storage network for renewables

Trading house looks to sell stored electricity to utilities and chip industry

24 April 2024
In Japan, it is impossible to escape notice of the country's sliding currency. (Photo by Nanami Sato)
Opinion

Yen's decline will inevitably affect confidence in Japan's economy

End of quantitative easing would be vital step toward restoring normalcy

24 April 2024
The Charging Bull or Wall Street Bull is pictured in New York City. Japanese companies are raising more capital from flush overseas investors.
Business trends

Japan companies raise 30% more capital from overseas stock offerings

Businesses seeking growth funds tap enthusiasm for governance reform

24 April 2024