Singapore's financial district. White-collar job postings geared for Japanese applicants fell in the July-September quarter. (Photo by Fumito Akiyama)
Work

Japanese workers face less demand in Singapore, Vietnam

Professional job postings in many Asian countries fall as employers hire locals

Space-based solar panels are said to be 10 times more effective in generating electricity than terrestrial solar farms.
Science

Japan takes first step toward space-based solar power supply

Airborne solar panels to beam back energy in trial of technology

Nikkei compiled financial results for approximately 31,000 listed companies in Japan, the U.S., Europe, China and elsewhere.
Nomura Securities is grappling with alleged crimes by a former employee along with a market manipulation scandal. (Photo by Yutaka Miyaguchi)
Finance

Nomura execs give up pay after employee allegedly tried to kill clients

Brokerage scrambles to regain trust amid scandals at Japan financial institutions

Kobayashi Pharma booked extraordinary losses of over 10 billion yen relating to the red yeast supplement scandal between January and September. (Photo by Ryutaro Yokoyama)
Pharmaceuticals

Oasis petitions Kobayashi Pharma to sue executives for $67m

Activist investor wants payment of damages tied to red yeast supplement scandal

iPhone 16s on sale in the U.S. Indonesia has banned the sale of the Apple devices because they do not meet the country's local content criteria.
Technology

Apple to offer Indonesia $1bn in investment, minister says

Move would be 10 times tech giant's previous bid to end iPhone 16 sales ban

3 December 2024
Trade tensions between the U.S. and China are threatening to disrupt global tech supply chains.
Trade war

China blocks exports of chip materials gallium, germanium to U.S.

Beijing says move is in response to Washington 'weaponizing' trade curbs

3 December 2024
Israel Aerospace Industries signed a memorandum of understanding in 2022 with India's defense company, Hindustan Aeronautics, to produce multi-mission tanker transport in India. (Source photos by Kosaku Mimura and IAI)
Aerospace & Defense Industries

Israel Aerospace Industries taps Indian deep-tech startups

Defense major aims to push companies in South Asian nation toward global competitiveness

3 December 2024
Francois Tardif, executive vice president for the Asia business region at Forvia, right, speaks during a panel discussion of the French Japanese Business Summit 2024 in Tokyo on Dec. 3. (Photo by Kotaro Igarashi)
Business trends

Corporate agility needed in era of global uncertainty, say business leaders

France-Japan business summit calls for cooperation amid political risk and division

3 December 2024
Tokyo Electron's new Tainan operation center is aimed at serving TSMC and other customers in Taiwan. (Photo by Cheng Ting-Fang)
Semiconductors

Japan's Tokyo Electron deepens Taiwan ties with new operations center

Facility aimed at better serving key customer TSMC and others

3 December 2024
A Mazda factory in Salamanca, Mexico: The impact of the newly declared tariffs on global automakers operating in the U.S. vary according to each company's dependence on non-U.S. production sites. (Photo by Tomohiro Ichihara)
Automobiles

Asia's carmakers weigh costs of Trump tariffs on Mexico, Canada

Mazda's profit could be squeezed by 44%, says Nomura Securities analyst

3 December 2024
Vietnamese real estate tycoon Truong My Lan attends a court hearing in an appeal against her death sentence in a financial fraud case in Ho Chi Minh City on Dec. 3.
Crime

Vietnam gives death-row mogul chance at reprieve by paying $11bn

Property developer My Lan a poster child of communist country's graft crackdown

3 December 2024
U.S. Steel Mon Valley Works, Pennsylvania. The proposed acquisition by Nippon Steel is currently under review by the Committee on Foreign Investment in the United States. (Photo by Yuki Nakao)
Business deals

Trump vows to block Nippon Steel deal for U.S. Steel

President-elect promises to revive American steelmaker via tax incentives and tariffs

3 December 2024
Chinese Foreign Minister Wang Yi meets his German counterpart Annalena Baerbock in Beijing on Dec. 2, 2024. (China's foreign ministry website)
International relations

German foreign minister's China trip highlights shaky ground under ties

Annalena Baerbock presses Wang Yi on Ukraine ahead of Germany's elections

3 December 2024
The administration of U.S. President Joe Biden is targeting the semiconductor manufacturing and supply network that has helped the likes of Chinese tech champion Huawei Technologies continue to access advanced chips. (Source photo by Yuki Nakao)
Technology

U.S. cranks up China chip industry curbs: 5 things to know

Latest rules target more links in tech supply chain

3 December 2024
A Bacha Coffee store in Singapore: The premium coffee shop chain has become a fixture in tourist hot spots around the city-state. (Photo by Tsubasa Suruga)
Food & Beverage

Singapore's Bacha Coffee to enter Japan as tourism booms

Luxury brand to open flagship store in Tokyo next year, eying Kyoto and Osaka

3 December 2024
Yields on Chinse government bonds have been falling for most of the year as the country's central bank battles a slowdown in economic growth.
Bonds

China deflationary pressures send benchmark bond yield to new low

Onshore yuan falls to lowest point in more than year despite stimulus packages

3 December 2024
Seven & i is rolling out 7-Eleven stores in Australia that focus more on food and daily necessities. (Photo by Rurika Imahashi)
Retail

7-Eleven expands in Australia, drawing on Japan playbook

Chain targets 1,000 stores by 2030, with emphasis on food and data

3 December 2024
Stream article image
Podcast: Tech Latest

Why Samsung is struggling to ride the AI wave

Tech Latest: Tune in to Nikkei Asia's podcast for the freshest updates on the tech sector

3 December 2024
The Nasdaq, along with the S&P 500, closed at a record high on Dec. 2, boosted by tech-related shares following the market's strong November gains.
Markets

S&P 500, Nasdaq post record highs as tech-related shares gain

Investors await this week's economic data including monthly jobs report

3 December 2024
APA Hotel & Resort Namba Ekimae Toweris the group's second-largest hotel overall. (Photo by Katsuyuki Tanimoto)
Travel & Leisure

Japan's APA opens new Osaka flagship hotel as Marriott, IHG move in

Hospitality group eyes surging tourist demand for midtier accommodations

3 December 2024
General Motors' headquarters in Detroit, Michigan. The automaker said it will sell its stake in a joint-venture battery plant to partner LG Energy Solution.
Automobiles

GM to sell its stake in Michigan battery plant to LG Energy Solution

American automaker to recoup $1bn investment in Lansing facility

3 December 2024
A Vietnamese grower for Hokken holds some of the shiitake mushrooms now being grown in the country. (Hokken)
Agriculture

Japanese shiitake mushroom producer eyes Vietnam market

Hokken develops fungal strains that thrive on local wood

3 December 2024
The amount of outstanding debt on Indonesia's online lending platforms soared from 13.16 trillion rupiah ($828 million) in 2019 to over 66 trillion rupiah at the end of September. (Illustration by Hiroko Aida)
ASEAN Money

Millions of Indonesians fall into digital debt trap as spending power wanes

Many middle-income earners caught out by stratospheric interest rates

3 December 2024
GPIF has been dubbed the "whale" for its outsize market presence, with more than 240 trillion yen in assets under management as of March 31. (Photo by Akira Inujima)
Finance

Japan eyes higher return target of 1.9% for GPIF pension fund

Analysts say proposal could lead to more Japanese stocks in portfolio

3 December 2024
BYD's monthly sales topped 500,000 vehicles in October. (Photo by Shizuka Tanabe)
Electric cars in China

China's BYD marks 30th year by chasing 4m car milestone

EV maker dominates home market but only sells about 10% of its vehicles abroad

3 December 2024
The European Union looks to protect domestic manufacturers of equipment for producing "green" hydrogen.
International relations

EU shuts out Chinese hydrogen equipment from subsidy program

Effective ban seeks to shield industry after struggles in solar and wind

3 December 2024
Saudi Arabia is seeking to diversify its oil-dependent economy under the Saudi Vision 2030 initiative.
Finance

SBI to launch Saudi Arabia's first Japanese equity fund

Japan financial group taps Middle Eastern appetite for overseas assets

3 December 2024
Workers from Malaysia enjoy halal dishes at the cafeteria in Yokowo's plant in Tomioka, a city to the north of Tokyo. (Photo by Nobuyuki Okada)
Japan immigration

Halal cafeteria is among Japan factory's perks for Muslim workers

Yokowo attracts best employees from Malaysia by targeting common stress point

3 December 2024