U.S., Asian and European central banks are among the participants in a Bank for International Settlements-led trial of tokenized central bank money.
Currencies

Top central banks to lay groundwork for instant digital cross-border payments

BOJ and New York Fed join tokenization project for faster, cheaper transactions

4 April 2024
From left, Japanese Prime Minister Fumio Kishida, U.S. President Joe Biden and Philippine President Ferdinand Marcos Jr. will discuss cyberdefense at their April 11 summit in Washington. (Source photos from Kyodo)
Defense

Japan, U.S., Philippines to form joint cyberdefense network

Biden, Kishida and Marcos to agree on measures guarding against China, Russia

3 April 2024
More people are turning to rentals in the U.S. in the face of rising interest rates for mortgages. (Photo by Kazuki Yamaguchi)
Construction

Sumitomo Forestry to add 10,000 U.S. home rentals a year through 2027

Japanese builder has $350m war chest for additional American acquisitions

3 April 2024
Istanbul Mayor Ekrem Imamoglu retained power in a landslide win for the main opposition Republican People's Party in Turkey's local elections on March 31.
Politics

Erdogan's local election drubbing points to tough time at 2028 vote

Istanbul Mayor Imamoglu's win puts him as top challenger for Turkey's presidency

3 April 2024
Toyota Motor's sport utility vehecle "RAV4" are among the popular hybrid vehicles in the U.S. market.
Automobiles

Japanese automakers' U.S. sales up 15% in Q1, led by hybrids

As EV sales sputter in America, hassle-free hybrid vehicles steal spotlight

3 April 2024
U.S. Attorney General Merrick Garland is pictured at a March 21 news conference in Washington in which he accused Apple of engineering an illegal monopoly in smartphones.
The Nikkei View

Apple case highlights difficulty of regulating IT giants

Adequacy of existing antitrust laws tested in rapidly changing digital era

3 April 2024
Both Tesla and BYD face softening EV demand and intensifying competition in China. (Source photos by BYD and Getty Images)
Automobiles

Tesla reclaims EV crown from BYD amid overall sales drop

U.S. and Chinese electric vehicle giants report sharp Q1 delivery declines

3 April 2024
U.S. President Joe Biden and Chinese President Xi Jinping discussed progress on counternarcotics, military-to-military dialogue and artificial intelligence. (Source photos by Reuters and Yusuke Hinata)
International relations

Biden and Xi discuss TikTok, South China Sea and de-risking in call

105-minute phone exchange comes ahead of first U.S.-Japan-Philippines trilateral

3 April 2024
Boeing received an order of 220 aircraft from Air India last year, which U.S. President Joe Biden hailed as a "historic agreement." (Photo by Konosuke Urata)
Aerospace & Defense Industries

Boeing bets on India R&D and supply chain, seeking turnaround

Investment builds up U.S. aircraft manufacturer's largest overseas research base

3 April 2024
Paul Ryan says current Republican Party is "purely a test of loyalty to a guy." (Photo by Masahiro Okoshi)
Interview

Trump's grip on Republican Party 'temporary': ex-U.S. Speaker Ryan

Retired politician sees chance for political unity, but not now

2 April 2024
New subsidy rules for semiconductors are on the agenda at the summit between U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida in Washington on April 10.
International relations

U.S., Japan to agree on subsidy rules on chips, batteries with China in mind

Allies pursue common standards to safeguard supply chains, including for decarbonization

2 April 2024
Donald Trump, left, with Chinese President Xi Jinping in 2019: Trump is likely to be even more confrontational should he win back the U.S. presidency in November.
Opinion

New Trump term would mean more risk, opportunity in China ties

With focus on deals, breakthroughs with North Korea and Iran may be possible

2 April 2024
Stream article image
Podcast: Tech Latest

TikTok sell-or-ban bill -- What's next?

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

2 April 2024
China is increasing its economic clout in Southeast Asia as its rivalry with the U.S. intensifies.
International relations

Majority of ASEAN people favor China over U.S., survey finds

In a first, Beijing becomes Southeast Asia's preferred choice over Washington

2 April 2024
UMC Co-President Jason Wang, right, speaks at an Intel event in February. (UMC)
Semiconductors

With Intel tie-up, Taiwan chipmaker UMC makes U.S. push

Company fights for market share in mature chips against TSMC, Chinese rivals

2 April 2024
American warships dock at the U.S. naval base at Yokosuka, Japan. (Photo by Konosuke Urata)
Defense

Biden-Kishida summit to see deal on repairing large U.S. warships in Japan

Move seeks to improve readiness to counter threats posed by China, North Korea

2 April 2024
"There's a lot of value in this market," said Newton Investment Management's Brian Ferguson. "But there's also a lot of value traps." (Photo by Kae Yoshii)
Interview

Med device stocks set for 'unleashed' demand, Newton Investment fund manager says

Brian Ferguson cautions against embracing market consensus on Fed rate cuts

1 April 2024
Sam Altman speaks to students in Tokyo in June 2023. His OpenAI has been expanding its international footprint since last year. (Photo by Satoko Kawasaki)
Technology

OpenAI to open its first Asia office in Tokyo this month

ChatGPT developer expected to offer customer support and help shape AI governance

1 April 2024
Istanbul Mayor Ekrem Imamoglu, candidate of the main opposition Republican People's Party (CHP), takes off his tie as he addresses his supporters following  early results in front of the Istanbul Metropolitan Municipality on April 1.
Politics

Turkey's opposition thumps Erdogan in pivotal local elections

Istanbul's CHP mayor well ahead; Opposition keeps Ankara, claims other cities from AKP

1 April 2024
A Chinese coast guard ship fires water at a Philippine resupply vessel as it approaches the Second Thomas Shoal in the disputed South China Sea on March 23. (Armed Forces of the Philippines via AP)
Indo-Pacific

First U.S.-Japan-Philippines trilateral to address China's 'gray zone' tactics

Leaders seek to deepen economic ties as Beijing tests American treaty commitments

1 April 2024
Geoffrey Hinton, professor emeritus at the University of Toronto, speaks with the Nikkei at his home near the university campus in Toronto. (Photo by Katsuyoshi Tanaka)
Technology

'Godfather of AI' speaks on threat of tech surpassing humanity

Geoffrey Hinton believes AI is already having experiences akin to humans'

31 March 2024
Japan and the European Union hope to create a framework for cooperation on development of advanced materials.
Materials

Japan and EU to develop cutting-edge materials for chips and EVs

Sides to launch collaborative plan in April, with eye on lowering China dependence

31 March 2024
Apple is believed to be making around 10% less profit on the iPhone 15 Plus than its 2022 counterpart. (Photo by Kento Awashima)
Technology

Apple stock loses shine on shrinking iPhone margins

Estimated $4bn dent and antitrust headwinds loom over longtime market favorite

30 March 2024
Israeli soldiers operate in what the military says is a Hamas command tunnel in Gaza.
Middle East crisis

Israeli startups hope to export battle-tested AI military tech

Development of lethal autonomous weapons raises concerns

30 March 2024
Americans legally wagered $119.8 billion on sports in 2023, with related revenue soaring more than 40% on the year to $10.9 billion.
Sports

Surge in sports betting spawns addiction risk among U.S. youth

The 'bar is low' to begin sports gambling, says expert

30 March 2024