South Korea, Japan hold upgraded 2+2 talks as US focuses on Iran
Economy

South Korea, Japan hold upgraded 2+2 talks as US focuses on Iran

Neighbors seek closer trilateral cooperation to keep Washington engaged in East Asia Vice foreign and defense ministers from Japan and South Korea held their first two-plus-two meeting in Seoul on May 7. © Kyodo TOKYO/SEOUL -- Japan and South Korea held a two-plus-two meeting with vice foreign and defense ministers for the first time in Seoul on Thursday, discussing security cooperation with each other and the U.S. amid worries about the Middle East conflict leaving a power vacuum in East Asia.

Japan plans start of round-the-clock JGB trading on blockchain
Economy

Japan plans start of round-the-clock JGB trading on blockchain

Big banks, securities companies look to tokenize bond trading this year Japan expects increased capital efficiency from a system for trading tokenized securities. (Nikkei illustration) TOKYO -- Japan plans to introduce a system for round-the-clock trading of government bonds on the blockchain as early as 2026, aiming to lower costs and speed up transactions.

Two men found guilty of spying for Hong Kong by London jury
Economy

Two men found guilty of spying for Hong Kong by London jury

Yuen Chung Biu, Wai Chi Leung face lengthy sentences; SAR government rejects charges Yuen Chung Biu, left, and Wai Chi Leung face lengthy sentences after a jury found them guilty of spying for the Hong Kong government in the U.K. © Reuters LONDON -- A jury in London on Thursday found two men guilty of spying for the Hong Kong government in the U.K., and one of them guilty also of abusing his access to government databases to obtain information about dissidents living in the country.

SoftBank in talks with Nvidia to build made-in-Japan AI servers
Economy

SoftBank in talks with Nvidia to build made-in-Japan AI servers

Foxconn also in discussion as Japan mobile provider seeks to tap demand for sovereign AI SoftBank will enter the business of high-performance servers, capable of operating cutting-edge graphics processing units at high speeds. (SoftBank) TOKYO -- Japan's SoftBank Corp. looks to develop and produce homegrown artificial intelligence servers, weighing plans to start designing and assembling components by the end of the decade with the help of major players like Nvidia and Foxconn, Nikkei has learned.

Japan extends streak of record stock buybacks, led by these blue chips
Economy

Japan extends streak of record stock buybacks, led by these blue chips

Recruit, Toyota repurchase shares in push for capital efficiency Share buyback programs are becoming bigger as corporate Japan embraces capital efficiency. (Photo by Yuki Kohara) TOKYO -- Share buybacks by Japan-listed companies set another record in the year ended March, marking the fifth straight year of gains, as the Tokyo Stock Exchange prepares to issue a new call for improving capital efficiency.

Japan Inc. racks up $130bn in paper property gains, drawing investor pressure
Economy

Japan Inc. racks up $130bn in paper property gains, drawing investor pressure

Activist shareholders pressure companies to sell real estate for better asset efficiency Unrealized gains in corporate rental properties in Japan rose 25% in five years. (Photo by Rie Ishii) TOKYO -- The real estate owned by listed Japanese companies has amassed paper gains totaling an estimated 20 trillion yen ($128 billion), prompting activist investors to pressure the businesses to sell off the assets for better capital efficiency.

Daiwa House buys regional US homebuilder, tapping into fast-growing market
Economy

Daiwa House buys regional US homebuilder, tapping into fast-growing market

United Homes acquisition seen helping Japanese group expand in Southeast OSAKA -- Japanese homebuilder Daiwa House Industry said Thursday that it has completed the acquisition of United Homes Group, an American residential builder based in South Carolina.

Asia propels global carbon-cutting investments to record $2.3tn
Economy

Asia propels global carbon-cutting investments to record $2.3tn

China tops world, Japan sees 44% growth despite US headwinds against renewables Solar power generation jumped by 43% during 2025 in China, the leading country for energy transition investments. © Reuters TOKYO -- The Asia-Pacific region provided crucial momentum as global decarbonization investments climbed an estimated 8% to a record $2.3 trillion in 2025, defying U.S. political headwinds against spending on sustainability.

The Iran war has exposed global shipping’s weakest links
Economy

The Iran war has exposed global shipping’s weakest links

Massive investment, unprecedented global coordination needed for secure, efficient future A drone view shows cargo ships sailing in Hong Kong on Oct. 17, 2025. © Reuters James David Spellman is principal of Strategic Communications, a consulting firm based in Washington.

BMW, Mercedes struggle to make luxury cars with Chinese characteristics
Economy

BMW, Mercedes struggle to make luxury cars with Chinese characteristics

Tech-oriented homegrown models are eating German automakers' lunch BMW chose Beijing for the world premiere of its refreshed flagship 7 Series in April. (Photo by Tomoko Wakasugi) BERLIN/SHANGHAI -- Sales of German luxury cars are slumping in China as local rivals roll out models with the high-tech features that Chinese buyers want.

Nissan unit should expand dividends 80-fold, investor says
Economy

Nissan unit should expand dividends 80-fold, investor says

Strategic Capital to call for 'maximum returns' to reward shareholders Nissan Shatai makes sport utility vehicles for parent Nissan Motor. © Reuters TOKYO -- Strategic Capital will submit a shareholder proposal calling on Nissan Shatai to greatly increase dividend payouts, the Japanese activist investor said Thursday.

No spring thaw for Japan-China diplomacy 6 months after Taiwan spat
Economy

No spring thaw for Japan-China diplomacy 6 months after Taiwan spat

Countries' top officials yet to meet as former communication channels erode Remarks by Japanese Prime Minister Sanae Takaichi late last year raised tensions with China. (Source photos by Nikkei) TOKYO -- There's a saying that time heals all wounds. But in the six months since Japanese Prime Minister Sanae Takaichi's remarks about Taiwan chilled Tokyo-Beijing relations, the two sides have yet to feel a thaw.