E-cigarettes or vapes are becoming an increasingly popular option for smokers around the world.
Business deals

Japan Tobacco sets sights on e-cigarette push with U.S. Vector deal

$2.4bn acquisition to accelerate investment into growing market

22 August 2024
The Fuqing Nuclear Power Plant in China's Fujian province. China has built 39 reactors over the past decade. (Fuqing Nuclear Power Plant)
Energy

China and Russia drive global nuclear power capacity to record high

With as many reactors as France, China is building more while pursuing new tech

22 August 2024
Panasonic has announced plans to invest 45 billion yen in its Czech factory to increase heat pump production capacity. (Photo obtained by Nikkei)
Electronics

Daikin, Panasonic invest in cooling European heat pump market

Despite setbacks, demand for energy-saving tech still seen rising in long run

21 August 2024
The Hong Kong Exchange logged a 3% decline in first-half profit although the second quarter showed more promise. (Photo by Ken Kobayashi)
Markets

Hong Kong Exchange's first-half profit sinks amid weak market sentiment

New CEO Bonnie Chan describes results as 'robust' but concedes outlook uncertain

21 August 2024
Japan Tobacco is expanding its global presence with the acquisition of America's Vector Group.
Companies

Japan Tobacco to buy U.S. tobacco maker Vector Group for $2.4bn

JT-backed company to launch a tender offer at $15 per share

21 August 2024
As of end March, U.S. retailer Walmart held a 9.4% stake in JD.com, making it the No. 2 shareholder after the Chinese company's founder. It has now sold it all. (Source photos by AP)
Business deals

JD.com stock drops as Walmart unloads stake for estimated $3.6bn

U.S. retailer says it wants to focus on its own China operations

21 August 2024
BYD cars are unloaded at a port in Germany: Chinese EVs will be subject to additional tariffs, on top of an existing 10% duty, once an anti-subsidy investigation is finalized on Oct. 30. 
Trade war

China probes dairy imports following EU's EV probe update

Tariffs on Chinese brands slightly adjusted in Europe's latest decision

21 August 2024
Former U.S. President Barack Obama speaks during the Democratic National Convention on Aug. 20 in Chicago. 
U.S. elections 2024

Barack Obama tells Democrats of Kamala Harris: 'Yes, she can'

Former president says America is ready for a new story, not a Trump sequel

21 August 2024
Supporters of the French far-right National Rally party react at the party's election-night headquarters on June 9 in Paris.
The Nikkei View

Global election results show importance of functioning democracy

Growing populism, confusion could benefit authoritarian regimes

21 August 2024
Turkish President Recep Tayyip Erdogan, left, meets with Chinese President Xi Jinping at the Shanghai Cooperation Organization Summit in Kazakhstan on July 4. (Turkish presidency)
International relations

Turkey lauds improvement in relations with China after long stagnation

President Erdogan reveals possible visit in 2025 by counterpart Xi

21 August 2024
Construction of hydrogen production facilities is underway in Utah. (Mitsubishi Heavy Industries)
Energy

Mitsubishi Heavy, Chevron eye U.S. green hydrogen launch in 2025

Utah project to produce, store and generate power from fuel made with renewables

21 August 2024
A group of U.S. lawmakers warned of the possibility of forced participation of Uyghurs in clinical trials conducted in China's Xinjiang region.
Pharmaceuticals

American clinical trials in China questioned by U.S. lawmakers

House members cite risks of intellectual property theft and forced use of Uyghurs

21 August 2024
U.S. Vice President Kamala Harris arrives to hold a news conference in Paris in November 2021.
U.S. elections 2024

U.S. Democrats' foreign policy platform pivots back to Europe

Harris administration will likely seek to 'manage' China with trans-Atlantic partners

21 August 2024
Alimentation Couche-Tard has expanded its convenience store network in Canada under the brand name Couche-Tard.
Retail

Seven & i potential buyer Couche-Tard is skilled M&A tactician

Canadian company's buyout of Japanese 7-Eleven parent would be its biggest yet

21 August 2024
Taiwan Semiconductor Manufacturing Co. aims to start up the fabrication facility in Dresden by 2027.
Semiconductors

TSMC breaks ground on first Europe chip fab with eye on auto sector

Chipmaker scrambles for staff in Dresden to avoid delays in overseas expansion

21 August 2024
MUFG raised its stake in U.S. Bancorp last year, during turbulence following the collapse of Silicon Valley Bank. (Photo by Yuki Nakamura)
Finance

MUFG sheds $1bn in U.S. Bancorp shares

Japanese megabank will maintain smaller stake, bolster partnership

20 August 2024
Tesla Model 3 vehicles at its factory in Shanghai, China.
Electric vehicles

EU slashes planned tariff on Tesla's China-made EVs to 9%

New reduced rate is set lower than the 20.8% it had indicated in July

20 August 2024
U.S. President Joe Biden appears on stage with Democratic presidential candidate and Vice President Kamala Harris on the first day of the party's convention in Chicago on Aug. 19.
U.S. elections 2024

Trump and 'America First' left world in tatters, Biden says

At Democratic convention, president says choosing Harris as VP was his best decision

20 August 2024
Lime operates in 280 cities worldwide, capturing over 9 million new users last year.
Startups

U.S. e-scooter startup Lime brings rental service to Japan

Company's first foray into East Asia will see 2,000 vehicles in Tokyo this year

20 August 2024
Putin awards India's Modi with the Order of St. Andrew the Apostle the First-Called at the Kremlin in Moscow, Russia on July 9.
Opinion

West must stop trying to pull India into the liberal democracy camp

U.S. and allies would be better served trying to prevent New Delhi siding with China

20 August 2024
Yuki Shirato, managing director of Techstars, says he looks to develop Japan's unique entrepreneurial ecosystem. (Techstars)
Startups

U.S. startup investor Techstars debuts Japan accelerator program

12 startups each receive $120,000 and mentorship in 3-month program

20 August 2024
Rear Adm. Axel Schulz said a conflict in the Indo-Pacific region would have major consequences for Germany. (Leon Rodewald/German armed forces)
Defense

German Navy 'cannot just pay lip service' to aiding global order: admiral

Ships and planes cross into Pacific to join Japan and U.S. in joint exercises

20 August 2024
In May, China Southern Airlines opened direct flights from Shenzhen to Mexico City, the company’s longest passenger route.
Transportation

China-Mexico flights reopen amid manufacturers' Latin American push

BYD's plans for new plant in the country could further boost air travel demand

20 August 2024
South Korean President Yoon Suk Yeol, left, and North Korean leader Kim Jong Un are expected to closely watch the outcome of the U.S. presidential election. (Source photos by Yonhap and Kyodo)
North Korea tensions

South and North Korea brace for Harris or Trump as next U.S. leader

Yoon and Kim deepen their own alliances while keeping door open to dialogue

20 August 2024
Seven & i operates a variety of businesses, opening it to some market criticism of a lack of efficiency. (Source photos by Nikkei)
Business deals

Seven & i's slumping stock price raises takeover risk

Japan 7-Eleven parent's structural reforms fail to impress investors

20 August 2024