Economy — 2,060 insights
Exclusive: TSMC to raise chipmaking prices by up to 10% from 2027
Economy

Exclusive: TSMC to raise chipmaking prices by up to 10% from 2027

Hikes cover cutting-edge and mature chips amid surging costs and overseas plant construction TSMC is taking a less aggressive approach to raising prices for its chipmaking clients, according to sources. © Reuters TAIPEI -- TSMC is set to raise prices for both advanced and mature chip production services by up to 10% in 2027 to reflect rising costs for materials, manufacturing equipment and construction of new overseas chip plants, multiple sources told Nikkei Asia.

July 21, 2026
NY Life investment arm steps up Japan private-asset push
Economy

NY Life investment arm steps up Japan private-asset push

Tokyo team to double to about 20 as Japanese investors diversifying beyond bonds Competition is intensifying among global alternatives managers seeking a share of Japan's growing private asset market. (Screenshot from New York Life Invest Management's website) TOKYO -- New York Life Insurance's asset management arm is stepping up its push into Japan's private asset market, joining other global money managers betting that Japanese investors will increase allocations to alternative investments.

July 21, 2026
Japan revises corporate governance code: 5 things to know
Economy

Japan revises corporate governance code: 5 things to know

New guidelines come as investors demand greater capital efficiency Authorities see Japan's revised corporate governance code as a cornerstone of Japan's growth strategy and want listed companies to raise their corporate value. (Photo by Shintaro Ino) TOKYO -- Japan on Tuesday released its latest update to its Corporate Governance Code.

July 21, 2026
Takaichi’s new economic blueprint for Japan: 4 things to know
Economy

Takaichi’s new economic blueprint for Japan: 4 things to know

PM is betting that public spending can be turned into lasting productivity gains Japanese Prime Minister Sanae Takaichi speaks at the House of Councillors budget committee in Tokyo on June 22. (Photo by Ken Suzuki) TOKYO -- Japanese Prime Minister Sanae Takaichi's cabinet approved its annual economic and fiscal policy blueprint on Tuesday, laying out a long-term plan to lift growth through public-private investment while redefining the government's approach to fiscal discipline.

July 21, 2026
Malaysian electric vehicle sales overtake hybrids as market shifts
Economy

Malaysian electric vehicle sales overtake hybrids as market shifts

Proton's e.MAS models help double EV sales as automakers raise 2026 industry forecast Proton's e.MAS 5 is displayed at its launch event in Malaysia. The model has helped drive a surge in EV sales that saw electric vehicles overtake hybrids in the first half of 2026. (Photo by Ahmad Mustakim) KUALA LUMPUR -- Sales of electric vehicles (EVs) in Malaysia more than doubled in the first half of 2026, overtaking hybrids for the first time and helping drive a sharp increase in demand for electrified cars, prompting a rise in the local auto industry's full-year forecast.

July 21, 2026
China-US spat over South China Sea threatens to overshadow ASEAN meeting
Economy

China-US spat over South China Sea threatens to overshadow ASEAN meeting

Beijing and Washington trade accusations as foreign ministers to join Manila gathering China Coast Guard personnel, left, chase Philippine Navy members at the Second Thomas Shoal in the South China Sea on July 20, in this screenshot from a video. (Armed Forces of the Philippines via AP) MANILA -- An escalating row between China and the U.S. over a clash between the Chinese coast guard and Philippine Navy in the South China Sea is threatening to overshadow a gathering of regional foreign ministers and many of their global counterparts in Manila this week.

July 21, 2026
Mainland publishers raise profile at Hong Kong Book Fair
Economy

Mainland publishers raise profile at Hong Kong Book Fair

ByteDance's Tomato Novel touts online microdramas; local booksellers wary of 'red lines' The seven-day Hong Kong Book Fair, sponsored by the government, ran through July 21. (Photo by Anne Chan) HONG KONG -- Chinese publishers have established a larger presence at Hong Kong's annual book fair, while local independent booksellers were removed from the exhibition amid renewed political scrutiny.

July 21, 2026
AI offers new path for Asia’s manufacturers, from EVs to humanoids
Economy

AI offers new path for Asia’s manufacturers, from EVs to humanoids

Executives see potential for autonomous driving and robotics in 'off-China supply chain' Foxconn's chief strategy officer for EVs, Jun Seki, told Nikkei's Global Digital Summit 2026 that electric vehicles would come to the fore as driving became more automated. (Photo by Kazuho Fujiwara) TOKYO -- Asian companies are turning to artificial intelligence to make electric vehicles and humanoid robots more useful, as manufacturers seek an edge in industries where Chinese players are rapidly expanding.

July 21, 2026
Four Indians killed in Russian strike on vessel off Ukraine
Economy

Four Indians killed in Russian strike on vessel off Ukraine

New Delhi summons Moscow's envoy as reports say 3 cruise missiles killed 10 in total In a statement, India's Ministry of External Affairs said that "such attacks undermine the safety, security and stability of international maritime commerce." © Reuters NEW DELHI -- India on Tuesday summoned a top Russian diplomat to convey its "grave concerns and unequivocal condemnation" of an attack on a commercial vessel off the coast of Ukraine that killed four Indian seafarers on Sunday.

July 21, 2026
India approves its first dengue vaccine, from Japan’s Takeda
Economy

India approves its first dengue vaccine, from Japan’s Takeda

South Asian country grapples with sharp rise in cases over recent years The number of dengue cases in India has soared elevenfold over the past two decades, according to Takeda Pharmaceutical. © Reuters MUMBAI -- Indian regulators have approved Japanese drugmaker Takeda Pharmaceutical's vaccine against dengue, the country's first such vaccine, in a bid to curb the increasingly rapid spread of the disease.

July 21, 2026
ASEAN makes little headway in resolving Myanmar crisis
Economy

ASEAN makes little headway in resolving Myanmar crisis

Foreign ministers divided on how to engage regime as South China Sea tensions flare ASEAN chair and Philippine Foreign Secretary Theresa Lazaro delivers her opening statement during the ASEAN foreign ministers meeting in Metro Manila on July 21. © Reuters MANILA -- Southeast Asian foreign ministers made little progress Tuesday on agreeing how to engage with Myanmar, reflecting deep divisions within ASEAN over the best way to address the crisis in their civil-war ravaged member.

July 21, 2026
India’s SBI Funds Management ends flat after market debut
Economy

India’s SBI Funds Management ends flat after market debut

Listing has boosted hopes of strong IPO run after weak start to 2026 SBI Funds Management's public offering of shares worth 98.12 billion rupees was heavily oversubscribed last week, receiving bids worth over 4 trillion rupees. © Reuters MUMBAI -- Shares of SBI Funds Management, India's largest asset manager, closed roughly flat against their opening price on its first day of trading as a listed company on Tuesday, marking a muted ending for a listing that had been expected to help revive one of the world's largest primary markets.

July 21, 2026