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The latest headlines from Nikkei Asia. We tell untold stories about Asia, from Asia.
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Southeast Asia manufacturers sweat as U.S. mulls tougher tariff rules

Reforms to America's largest and longest-running trade preference program could freeze out top beneficiaries Thailand, Indonesia, Cambodia and the Philippines.

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Chinese companies slash advertising as COVID slowdown bites

Internet groups including Tencent and Baidu are warning that their digital advertising revenue tumbled in the first three months of the year and they don't expect the second quarter to be much better.

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Indonesia's Jokowi en route to meet Zelenskyy in Kyiv

Indonesian President Joko Widodo is traveling to Kyiv, Ukraine, where he is to meet with President Volodymyr Zelenskyy on Wednesday and will call on him to "open room for a dialogue" and address the global food crisis.

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Singapore and Hong Kong lure financing for green real estate

Singapore and Hong Kong are among the top cities in Asia for green commercial properties as the rival hubs attract financing to support the development of eco-friendly urban projects.

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Duterte's controversial legacy: Making Philippine strongmen 'cool'

Philippine President Rodrigo Duterte will leave office on Thursday after a rocky six-year term during which he waged a brutal drug war, embraced China despite a maritime feud, crushed political opponents and shamed tycoons.

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With drone gift to Ukraine, Turkey's Baykar wins fans and clients

Baykar Defense said it is donating three armed drones to Ukraine free of charge, a move that has been widely praised on social media. It was also a skillful move by the company to highlight the success of its drones in Ukraine.

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Bukalapak sees hope if Indonesians tighten belts amid inflation

Teddy Oetomo, president of major e-commerce company Bukalapak, sees a silver lining in rising prices as consumers may seek out products in smaller volumes sold by Indonesia's ubiquitous small and midsize family-owned warung retail shops.

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Isetan Mitsukoshi's overseas retreat quickens with China closure

Japanese department store operator Isetan Mitsukoshi Holdings will close its Chengdu Isetan store in China's Sichuan Province at the end of December, Nikkei has learned.

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India's eyewear retailer Lenskart to buy Japanese peer Owndays

Lenskart, India's largest eyewear retailer backed by SoftBank Group, is buying an approximately 75% stake in Owndays, a Japanese eyewear chain, Nikkei has learned.

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Biden, Kishida and Yoon discuss threat of North Korea nuclear test

The leaders of the U.S., Japan and South Korea held their first in-person trilateral meeting in nearly five years on the sidelines of the NATO summit in Spain on Wednesday, discussing how to handle North Korea's flurry of missile launches and the possibility of a seventh nuclear test.

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Yen briefly dips into 137-range against dollar for fresh 24-year low

The Japanese yen briefly fell into the 137-per-dollar range Wednesday, slumping to a level not seen since September 1998, as Japan diverges drastically on monetary policy from the U.S. and Europe.

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Fujifilm to pump $1.5bn into biopharm in U.S. and Europe

Japan's Fujifilm Holdings will spend about 200 billion yen ($1.47 billion) to nearly quadruple its capacity for biopharmaceutical products by upgrading U.S. and European plants, Nikkei has learned.

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Asian tech takes center stage at U.S. investment summit

Many Asian businesses and public officials were among the thousands of visitors who descended upon a convention center near Washington this week for the largest annual American conference aimed at attracting foreign direct investment.

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Singapore base to lead Credit Saison drive to triple overseas profit

Credit Saison will give its new international headquarters in Singapore the authority to greenlight overseas investments and proposals that come from the Japanese financial group's operations in the rest of Asia as it pushes to triple its international profit ratio.

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China factory activity expands for first time in four months

China's factory activity in June expanded for the first time in four months, a key manufacturing index showed Thursday, as major economic hubs, including the financial capital Shanghai, emerged from virus lockdowns.

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Binance sees crypto recovery with closer ties to regulators

Cryptocurrency giant Binance is changing tack as it eyes the underdeveloped industry in Southeast Asia, reversing an "enter first, comply later" approach that has triggered warnings by financial authorities in the U.K., Japan and Singapore.

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Keep up with the latest news on the Ukraine War at Nikkei Asia's free blog

Russia presses on with its offensive in eastern Ukraine after NATO branded Moscow the biggest "direct threat" to Western security and agreed on plans to modernize Kyiv's beleaguered armed forces.

President Vladimir Putin said on Wednesday that Russia would respond in kind if NATO deployed troops and infrastructure in Finland and Sweden after they join the U.S.-led military alliance.

The U.S. will increase its military presence in Europe, President Joe Biden says following meetings that show "the determination of our alliance to defend every inch of NATO territory."

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