Nidec expects earnings to rise on U.S. infrastructure-related demand. (Photo by Kosaku Mimura)
Electronics

Japan's Nidec projects record profit on EV parts recovery

Motor maker cut losses by reducing focus on competitive Chinese market

24 April 2024
PwC faces growing scrutiny over its auditing of Chinese property developer Evergrande. (Source photos by Reuters)
China debt crunch

Probe of PwC's Evergrande conduct casts shadow on Big Four auditors

Players say firms are likely to grow more conservative, tighten procedures

23 April 2024
A core unit of China Evergrande Group was fined by Chinese authorities for overstating two years of revenues.
China debt crunch

Hong Kong regulator to probe PwC over China Evergrande audits

Whistleblower report claims years of ignoring property developer's misconduct

23 April 2024
Former Japanese Prime Minister Taro Aso is making his second attempt this year to meet with former U.S. President Donald Trump. (Source photos by AP, Nikkei)
International relations

Former Japan PM Aso heads to New York in bid to meet Trump

Tokyo watching U.S. election with interest but says outcome won't change bilateral relations

22 April 2024
Zafrul Aziz, Malaysia's minister of investment, trade and industry. (Photo by Hiroki Endo)
Semiconductors

Malaysian trade minister touts 'neutrality' to grow chip industry

Zafrul says 'earthquake-free' location also attractive for multinationals

21 April 2024
Major Japanese banks are competing for a slice of inherited savings worth nearly 60 trillion yen that are expected to flow out of regional lenders over the next 30 years.
Datawatch

Japan's big cities become magnets for inherited rural savings

Trend leaves key regional 'shinkin' lenders in tight spot

20 April 2024
Volvo Car is CATL's latest partner in battery recycling.
Electric cars in China

China's CATL to recycle EV batteries with Volvo Car

Partnership to recover nickel and other key metals for use in new cells

20 April 2024
Dollar strength has become a monetary policy headache for Japan and other Asian economies.
Currencies

Squeezed by strong dollar, BOJ watches yen ahead of policy meeting

Ueda signals possibility of action if impact on inflation becomes too big to ignore

20 April 2024
SK Hynix's announcement that it is partnering with TSMC comes as global chipmakers are racing to take advantage of the AI boom. (Nikkei montage/Source photos by AP)
Technology

SK Hynix partners with TSMC to develop advanced AI chips

Asian chipmakers aim to supply next-generation high-bandwidth memory for Nvidia

19 April 2024
Higher costs for raw materials are a major factor in Japan's sharper inflation in recent months, which remains above the Bank of Japan's 2% target. (Photo by Yutaka Miyaguchi)
Inflation

Japan's March inflation slows; BOJ cautions on yen weakness

Central bank chief hints at rate hike to contain inflation caused by weak yen

19 April 2024
A surge in electric vehicle sales is driving up demand for equipment used to produce batteries and other parts. But some Japanese companies are struggling to keep up.
Business Spotlight

Japan's small EV battery suppliers feel the heat in race for scale

Tokyo urges alliances to stay competitive but companies wary of giving up control

19 April 2024
Chinese players like BYD and Xiaomi have released low-cost EVs amid an intensifying price competition. (Nikkei montage/Source photos by Nikkei and Xiaomi)
Automobiles

To beat China EVs, Honda supplier and ArcelorMittal look beyond gigacasting

G-Tekt wants to give Japan automakers edge with steel-based production method

19 April 2024
Dai-ichi Life Holdings President Tetsuya Kikuta spoke with Nikkei about the insurer's growth and capital strategy. (Photo by Akikazu Ishii)
Insurance

Japan's Dai-ichi Life wants to maximize advantages of being listed: CEO

Nation's only big listed insurer keeps unsolicited bids on table in growth plan

18 April 2024
From left, Japanese Finance Minister Shunichi Suzuki, U.S. Treasury Secretary Janet Yellen and South Korean Finance Minister Choi Sang-mok in Washington on April 17.
Currencies

U.S., Japan, South Korea finance chiefs share concern for weak yen, won

First trilateral meeting also addresses Pyongyang missile sales and supply chains

18 April 2024
U.S. President Joe Biden delivers remarks at United Steel Workers headquarters in Pittsburgh, Pennsylvania.
Trade

Biden calls for tripling tariffs on Chinese steel

At United Steelworkers, president stresses that U.S. Steel should remain American

18 April 2024
Xi Jinping and Joe Biden found novel diplomatic channels to send each other messages on April 10. Xi used a former Taiwanese president to carry his words, while Biden spoke up by hosting the leaders of Japan and the Philippines. (Source photos by Getty Images and Xinhua/Kyodo)
China up close

Analysis: Why Xi and Biden chose the same day to send a message on Taiwan

The wording of a 45-year-old U.S. law gives China an opening in the Taiwan Strait

18 April 2024
Fujifilm Holdings' investments will include products used to polish silicon wafers. (Fujifilm)
Companies

Fujifilm boosts spending to $12bn, focusing on health care, chip material

Japanese group will also be on lookout for M&A deals, CEO says

18 April 2024
Former Move Forward Party leader Pita Limjaroenrat, left, and current leader Chaithawat Tulathon react during a press conference in Bangkok on Jan. 31.
Politics

Will Move Forward join Thailand's graveyard of political parties?

Reform-minded opposition group awaits court verdict a year after election win

17 April 2024
Embattled Chinese developers are facing a slew of petitions from creditors.
China debt crunch

Developer Times China faces winding-up case from HSBC unit

Shares plunge 37% after Hang Seng Bank files petition in Hong Kong

17 April 2024
A girl chases a bird atop piles of dirty plastic waste washed up on Labuan Beach in western Java, Indonesia. Experts say much of the trash has been imported via "waste trafficking" from developed countries. (Photo by Dimas Ardian)
The Big Story

Southeast Asia's plastic tidal wave: Imported trash swamps region

From Indonesia to Myanmar, China's 2018 import ban fed an already critical domestic waste problem

17 April 2024
Hoa Phat Group's Dung Quat 2 steel production complex was half finished at the end of March. (Photo by Yuji Nitta)
Materials

Vietnam's top steelmaker Hoa Phat races to open new mill this year

Company focuses on higher-value steel for country's emerging auto industry

17 April 2024
Japanese Prime Minister Fumio Kishida and his wife, both at right, are received by Gov. Roy Cooper of North Carolina and his wife at the governor's mansion in Raleigh. (Japanese prime minister's office)
Comment

Japan's 2024 playbook beefs up diplomatic ties with U.S. states

Kishida sees governors as key allies to navigate political uncertainty

16 April 2024
Flags of NATO member countries fly at the alliance's headquarters in Brussels.
Taiwan tensions

NATO could be drawn into Taiwan conflict, affiliated report finds

Chinese attack on Hawaii might trigger collective defense, researcher argues

16 April 2024
Fujifilm and Konica Minolta look to join forces in their office printer businesses in response to the widening digitization of office work. (Source photos by Kohei Yamada)
Business deals

Fujifilm, Konica Minolta eye joint procurement of office printer parts

Shift toward paperless workplaces drives need to merge functions, save money

16 April 2024
Samsung plans to build chipmaking facilities in central Texas that will produce the world's most advanced semiconductors. (Nikkei montage/Source photo by AP)
Semiconductors

Samsung ramps up U.S. chip investment to $45bn with $6.4bn grant

Third and final CHIPS act funding for advanced chips follows Intel and TSMC awards

15 April 2024