Stream article image
Announcements

Lawson to be removed from JPX-Nikkei Index 400

Deletion follows company's designation as stock 'to be delisted'

3 July 2024
Plaintiffs gather near the Supreme Court before its ruling on July 3 in Tokyo. (Photo by Akitoshi Sugiura)
Society

Japan top court orders government to pay damages over forced sterilization

Plaintiffs suffered in 1950s to 1970s under now-defunct eugenics protection law

3 July 2024
A vehicle drives along the U.S. side of the border with Mexico in Nogales, Arizona, on June 25.
Immigration

U.S. deports 116 Chinese migrants in first 'large charter flight' in 5 years

Immigration under intense scrutiny in race for the White House

3 July 2024
Blackstone is accelerating the pace of its deals in the Japanese health care business, including the purchase of an over-the-counter drugmaker. (Source photos by Tomoki Mera and Jo Miyaguchi)
Pharmaceuticals

Blackstone targets health care sector in Japan push

Alinamin Pharma sale is latest in string of deals by U.S. private equity

3 July 2024
BYD's Atto 3 is displayed during the Thailand Big Motor Sale 2023 in Bangkok. (Photo by Hiroki Endo)
Electric vehicles

BYD to open Thai factory as new EU tariffs on China EVs kick in

Local industry fears influx of Chinese imports barred from Europe

3 July 2024
Anti-landing barricades are pictured on the beach in Kinmen, Taiwan, on Feb. 21, with the Chinese city of Xiamen in the background.
Taiwan tensions

Taiwan says China has seized fishing boat, escalating tensions

Vessel was operating near Taiwan-administered Kinmen islands

3 July 2024
BOJ Governor Kazuo Ueda speaks during a ceremony on the day of the new notes of 10,000 yen, 5,000 yen and 1,000 yen went into circulation, at the BOJ headquarters in Tokyo on July 3. (Pool photo)
Currencies

Cash-loving Japan redesigns banknotes for first time in two decades

Bills embrace cutting-edge tech in a world first, are clearer to non-Japanese

3 July 2024
Tesla's new Model 3 sedan is displayed next to a Model X SUV at the China International Fair for Trade in Services in Beijing last September.
Automobiles

Tesla shares rally as Q2 deliveries fall less than expected

Incentives help EV maker achieve increase from previous quarter

3 July 2024
Japan's redesigned yen notes are the first in the world to adopt 3D holograms as an anticounterfeit measure. (Photo by Mizuho Miyazaki)
Currencies

Japan rolls out new banknotes, with 90% of bank ATMs ready

Bills feature 3D holograms, other latest anticounterfeit measures

3 July 2024
Norinchukin Bank has said it had 2.2 trillion yen in unrealized losses on bonds as of March. (Photo by Kodai Mihara)
Finance

Moody's weighs downgrade to Japan's Norinchukin on foreign-bond losses

Unprofitable holdings to 'materially' hurt earnings after sale, ratings agency says

3 July 2024
Questions about U.S. President Joe Biden's cognitive health swirl following his halting June 27 debate performance.
Opinion

Asian officials brace for Trump 2.0 after Biden debate meltdown

Few relish prospect of more of the chaos wrought by former president's first term

3 July 2024
Direct passenger train service between Vladivostok and Rason will restart in July.
3 July 2024
North Korean leader Kim Jong Un speaks at a plenary meeting of the Central Committee of the ruling Workers' Party of Korea. (KCNA via Reuters)
Economy

North Korea's Kim talks up economy amid closer Russia ties

Food shipments seen easing shortage as farming and China trade recover

3 July 2024
The four companies were added to the U.S. Entity List for their connections to the training of China's military forces.
US-China tensions

U.S. adds four firms to trade restriction list for China military links

Washington adds total of six companies to Entity List, citing national security

3 July 2024
Xpeng holds a launch event in Cairo this June for two EV models in Egypt. (Xpeng)
Electric cars in China

China EV makers Neta, Xpeng turn to Africa amid European backlash

Emerging markets gain shine as Europe preps higher tariffs on China-built models

3 July 2024
Chinese Chengdu J-10 fighter jets are among the aircraft that have crossed the Taiwan Strait median line. (Taiwan Defense Ministry)
Taiwan tensions

China pressures Taiwan's Lai with most military flights in nearly 2 years

175 flights crossed median line in June, raising concerns of unintentional clash

3 July 2024
Japan lags behind other countries in number of cyberdefense personnel. (Japan Defense Ministry)
Cybersecurity

Japan aims to boost Self-Defense Force cyber personnel to 4,000

Government considers relaxed physical standards and plans new testing system

3 July 2024
Geely Automobile Holdings has upgraded its 2024 export target to 380,000 units from 300,000, despite new European Union tariffs set to affect the company.
Automobiles

Geely raises annual export target on eve of European punitive tariffs

Chinese automaker stresses 'limited' impact while feeling pinch in premium EV brand

3 July 2024
Chinese Maritime Militia vessels are pictured near Second Thomas Shoal in the South China Sea, on March 5.
South China Sea

Philippines to be 'relentless' in protecting South China Sea rights

Beijing-Manila dialogue sees 'substantial progress': Foreign Ministry

2 July 2024
The Zhongzhi Enterprise Group office building in Beijing is the apex of 247 related companies that the liquidator would like to treat as a single entity for the benefit of creditors. 
China debt crunch

Chinese shadow bank Zhongzhi's liquidation prompts fallout fears

Liquidator seeks consolidation in 'complicated' case with 'enormous' debts

2 July 2024
A worker takes a reading at a power transmission and distribution center near Jakarta.
Energy

Japan commits to ASEAN power grid project to counter China

PM Kishida to reveal details of 10-year plan as utilities seek slice of market

2 July 2024
A Compose Coffee store in Seoul. Philippine fast food giant will enter the highly competitive South Korean cafe market. (Photo by Steven Borowiec)
Business deals

Philippines' Jollibee to buy South Korea's Compose Coffee for $238m

Acquisition adds coffee chain to fast-food purveyor's portfolio

2 July 2024
Cars for export are seen at a port in Lianyungang, Jiangsu province, China.
Opinion

Asia is set to embrace protectionism in face of China's overcapacity

Pressure growing across region as West imposes more tariffs on Beijing

2 July 2024
China has served up new economic support measures for Hong Kong coinciding with the 27th anniversary of the city's handover from the U.K. (Photo by Ken Kobayashi)
Economy

China charms Hong Kong with economic boosts, from pandas to visas

Chief Executive John Lee urges city to 'capitalize' on what Beijing offers

2 July 2024
Lapulapu-Cebu International College's campus in Cebu, the Philippines: The school is recruiting more students from Japan, South Korea and Taiwan. (LCIC)  
Education

Japanese university operator looks to Philippine campus for growth

English learners from Asia get lower-cost alternative to U.S., Europe

2 July 2024