TOKYO -- Japan Airlines is looking to raise 300 billion yen ($2.7 billion) in funds to ride out anticipated funding challenges amid the continued slump in air traffic, sources have told Nikkei.

The funds will be raised through subordinated loans and other financing measures, the sources said.

The move comes as air travel continues to languish in Japan despite progress with the country's vaccination program, weighing on the airline's bottom line. JAL will look to shore up its finances to ride out

PALO ALTO, U.S. -- Chinese electric vehicle maker Nio announced a plan to sell up to $2 billion worth of new equity in the U.S. on Wednesday, leading to the sharpest dip in the price of its New York-listed shares since a fatal crash involving the company's self-driving system was reported in August.

Nio plans to sell new American depositary shares through an at-the-market offering, a prospectus filed with the U.S. Securities and Exchange Commission

Late on Sept. 11, 2001, Najib was at home with his family in Kabul listening to a radio bulletin on the Pashto language service of the BBC. There was no such thing as the internet in Afghanistan then, and with almost no other information sources apart from the Taliban's Voice of Sharia radio, the BBC's evening program became known as the "sixth prayer" of the day.

The newsreader said planes had been flown into buildings in New York City and Washington. Just

TOKYO -- The Bank of Japan will continue to take a persistent stance when it comes to monetary easing, even after the COVID-19 pandemic abates, until the goal of 2% inflation is reached, Gov. Haruhiko Kuroda told Nikkei in an exclusive interview.

This signals a markedly different stance from central banks in the U.S. and Europe, which have started to explore ways to reduce monetary easing.

The Japanese economy is currently facing downward pressure with a resurgence of COVID-19, both inside

TOKYO -- Even after two decades of aggressive monetary easing, Japanese people have not been able to shake off their deflationary mindset, Bank of Japan Gov. Haruhiko Kuroda told Nikkei, pledging to stay the course until inflation stabilizes at 2%.

While central banks in the U.S. and Europe start to consider tightening as fears of excessive inflation creep in, price growth in Japan has remained stubbornly weak and the economy lukewarm.

"Past deflation is still affecting people's mindsets," Kuroda said, admitting that

TOKYO -- Canon will acquire Canadian chipmaker Redlen Technologies for around 30 billion yen ($270 million), a move that will enable it to develop the chips that power a new generation of CT scanners as it shifts its focus away from cameras and office equipment.

Canon is developing CT scanners that reduce radiation exposure to one-tenth by leveraging Redlen technology that efficiently detects X-rays.

Redlen Technologies, created in 1999, currently employs around 200. It does not disclose its

MANILA -- The Philippines' ruling PDP-Laban Party on Wednesday failed to secure its presidential candidate for next year's general election, throwing a succession plan for President Rodrigo Duterte into question.

Sen. Bong Go, Duterte's longtime personal aide, declined the nomination during the party's national convention, saying he is not interested in the country's top job. His boss Duterte accepted the nomination for vice president.

“No words can express my gratitude for your continued trust and confidence in my leadership

WASHINGTON -- Gen. John Raymond, the chief of the U.S. Space Force, says that the security of the final frontier faces a "full spectrum of threats" from China that needs to be countered by allied cooperation.

The Chinese have built and are building "everything from reversible jammers of our GPS system -- which provides navigation and timing with precision --, to jamming of communications satellites," Raymond told Nikkei in a recent telephone interview. "They've got missiles they can launch from

TOKYO -- Japan looks to shorten quarantine requirements for vaccinated travelers entering the country from two weeks to 10 days as early as this month, opening the door to easier business travel.

The reduced isolation period would apply only to those who have received vaccines accepted for use in Japan: the Moderna, Pfizer and AstraZeneca shots.

The change will be included in a set of measures due out Thursday designed to ease coronavirus-related restrictions as Japan's inoculation campaign makes headway.

Shorter quarantines would give companies more flexibility to