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Narita Airport aims to become East Asia cargo hub with streamline measures
Economy

Narita Airport aims to become East Asia cargo hub with streamline measures

Japanese airport seeks to draw transshipments that have boosted Incheon, Taoyuan A cargo plane awaits takeoff on the runway at Narita Airport. (Photo by Makoto Okada) CHIBA, Japan -- Narita Airport near Tokyo is reorganizing its cargo facilities to reduce necessary trips in and around the airport, hoping to better tap air shipping demand and establish itself as an East Asian freight hub.

Japan’s Dynabook starts producing notebook PCs domestically
Economy

Japan’s Dynabook starts producing notebook PCs domestically

Manufacturer responds to demand tied to economic security concerns Dynabook produces more than 90% of its personal computing products at a manufacturing hub in China. (Dynabook) OSAKA -- Japanese laptop maker Dynabook has started domestic production in response to local demand from customers addressing economic security concerns, the company's president told Nikkei.

Indonesia truck orders boom for Mitsubishi Fuso, Tata Motors on Prabowo plan
Economy

Indonesia truck orders boom for Mitsubishi Fuso, Tata Motors on Prabowo plan

Automakers step up production of vehicles for village co-op program Local officials welcome trucks supplied to a village cooperative in April. (Antara Foto) JAKARTA -- An Indonesian government plan to procure more than 100,000 vehicles for villages nationwide is giving a tailwind to Mitsubishi Fuso Truck and Bus as well as other commercial vehicle makers.

Pakistan’s moment has arrived
Economy

Pakistan’s moment has arrived

Pakistan Prime Minister Shehbaz Sharif, center, and Pakistan's Chief of Army Staff Field Marshal Syed Asim Munir, left, pose for a photograph with U.S. Vice President JD Vance during a meeting on the sidelines of the Lake Lucerne Summit in Burgenstock, Switzerland, on June 21. © Getty Images Imran Khalid is a Karachi-based geostrategic analyst and a senior fellow at Foreign Policy In Focus, a U.S. think tank.

Nippon Steel acquisition of U.S. Steel changes little for Nucor, says COO
Economy

Nippon Steel acquisition of U.S. Steel changes little for Nucor, says COO

Top American steelmaker confident in strategy, balance sheet A Nucor steel mill in the state of Kentucky. The U.S. company is the world's largest electric arc furnace steelmaker. (Nucor) NEW YORK -- U.S. steel giant Nucor is not worried about Nippon Steel's entry into the American market, according to its chief operating officer, a year after the Japanese company's acquisition of rival U.S. Steel.

Inside Taiwan’s most ambitious space mission yet
Economy

Inside Taiwan’s most ambitious space mission yet

Taiwan's Formosat-8A delivers high-resolution images of the Earth's surface. (Nikkei Asia montage; images courtesy of Taiwan Space Agency) Big spending increase propels aim of homegrown satellite constellation, launch site and first rocket by 2034 HSINCHU, Taiwan -- On a late winter night last December, Huang Po-Hsuan, his team and their colleagues waited anxiously in the control room at the Taiwan Space Agency (TASA), their eyes fixed on screens. They were waiting for the first image taken by the recently launched Formosat-8A satellite to be transmitted back to Earth.

Japan proposes WTO end unanimity rule for certain multiparty deals
Economy

Japan proposes WTO end unanimity rule for certain multiparty deals

Other possible reforms include regulating opaque subsidies, with eye to China Japan has submitted a set of reform proposals to the WTO, which it hopes to get adopted in 2028. (Photo by Rintaro Hosokawa) TOKYO -- Japan has submitted reform proposals to the World Trade Organization that include changing its unanimous decision-making process to facilitate agreements among some member states, as the international body tries to overcome its current dysfunction.

China rare earth export curbs have opened up a huge price gap
Economy

China rare earth export curbs have opened up a huge price gap

Dysprosium, used in EV motors, up 700% from pre-restriction level in Europe China is virtually the sole source of dysprosium and other heavy rare earths. © Reuters TOKYO -- Prices of rare-earth elements used in electric vehicles and other industrial goods are soaring ever higher outside of China, driven by Chinese trade restrictions that have had little impact on the domestic market.

Japan convertible bond issuance at 22-year high on overseas inflows
Economy

Japan convertible bond issuance at 22-year high on overseas inflows

January-June tally reaches $6.8bn as investors look to curb equities risks Japanese chip testing equipment maker Advantest raised 100 billion yen using convertible bonds in April. (Photo by Shintaro Ino) TOKYO -- Companies in Japan have sharply increased their issuance of convertible bonds, approaching a level not seen in more than two decades as foreign investors pour in money to avoid risks from trading stocks.

Indonesia tops report on alleged abuses linked to China critical minerals
Economy

Indonesia tops report on alleged abuses linked to China critical minerals

Human rights group blames nickel boom for country being worse than Congo, Myanmar Workers in a nickel mining and processing hub in Morowali, Central Sulawesi province, Indonesia. The country's nickel boom has been blamed for a rise in allegations of human rights abuses and environmental damage. (Photo by Dimas Ardian) BANGKOK -- Alleged human rights and environmental abuses linked to China's critical minerals supply chains are on the rise, with more recorded in Indonesia than any other country because of its booming nickel sector, according to a report released Wednesday.

Nvidia and Wistron to build Blackwell AI servers in Texas
Economy

Nvidia and Wistron to build Blackwell AI servers in Texas

Taiwanese supplier will soon make Vera Rubin products at $700m US factory Nvidia CEO Jensen Huang, third from right, marks the opening of Wistron's Fort Worth, Texas, manufacturing site. (Wistron) TAIPEI/PALO ALTO, California -- Nvidia server supplier Wistron has opened a new manufacturing site in Fort Worth, Texas, as part of Nvidia's massive supply chain expansion plan to meet local AI infrastructure demand and respond to U.S. President Donald Trump's call to bring manufacturing onshore.

Trump’s renewed outreach to Kim raises prospects of new talks
Economy

Trump’s renewed outreach to Kim raises prospects of new talks

Japan and South Korea risk being sidelined in US-North Korea diplomacy Security experts say momentum is growing for renewed talks between North Korean leader Kim Jong Un and U.S President Donald Trump. (Nikkei montage/Source photos by AP and KCNA/Kyodo) TOKYO -- As the world's attention remains focused on the fighting between the U.S. and Iran, interest in the North Korean issue has faded. Yet there are signs that momentum is building for a restart of top-level negotiations between Washington and Pyongyang.