SINGAPORE/DUBAI -- Japanese imports of crude oil have dropped by nearly half since the U.S. started the Iran war, a Nikkei analysis shows, underscoring the widening economic fallout from the conflict.
Taiwanese tourists flock to Japan's Kyushu for local-ish trips
FUKUOKA, Japan -- Japan's southwestern island of Kyushu is becoming a hot spot for Taiwanese travelers who see it as akin to an affordable local destination, with recent data showing visitors from Taiwan surging by half.
Renewables offer price security and domestic control
Woochong Um is CEO of Global Energy Alliance for People and Planet and the former managing director general at the Asian Development Bank.
South Korean election campaign sparks US alliance questions
SEOUL -- Each Saturday, in the heart of South Korea's capital, a crowd of a few hundred people gathers a stone's throw from the U.S. Embassy. A host leads chants of "We oppose the U.S.!" in protests that observers say have grown in the lead-up to local elections on June 3.
Japan Post Bank share price doubles as overseas investors look beyond AI
TOKYO -- Japan Post Bank has roughly doubled its share price over the past year as overseas investors hunt for growth equities that are not tied to the artificial intelligence boom.
Nikon to take on ASML with low-priced chipmaking equipment: CEO
TOKYO -- Nikon is focusing in on a comeback in semiconductor photolithography equipment by offering lower prices than Dutch company ASML Holding, which has an over 80% market share, the Japanese company's new president and CEO told Nikkei.
Japan beef bowl purveyors scramble for meat as US prices climb
TOKYO -- Japanese beef bowl chains and barbecue restaurants are scrambling for beef as a drought-driven decline in American production has pushed the price of a favored cut to its highest level in nearly 20 months.
Japan hotel rates hit high on US, Europe tourists as China visitors fall
TOKYO -- Rates for Japanese hotel rooms set a new record this April as demand from inbound tourists stayed strong, led by visitors from the U.S. and Europe, while visitors from China declined as that country continued to discourage travel to Japan due to political frictions.
Toyota halts development of next-gen Lexus EV model
NAGOYA, Japan -- Toyota Motor will discontinue development of a Lexus next-generation electric vehicle, Nikkei has learned, instead focusing on developing SUVs and other vehicles amid a global slump in EV sales.
CATL opens $440m battery storage test site that simulates severe conditions
XIAMEN, China -- Chinese automotive battery leader Contemporary Amperex Technology Co. Ltd. opened a 10-hectare battery storage testing facility Thursday, aiming to improve safety and reliability by testing under more severe conditions.