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Hello from Tokyo. Recent remarks by U.S. President Joe Biden saying Japan is "xenophobic" and doesn't want immigrants have prompted the Japanese government to hit back, saying his comments were not based on an accurate understanding. But the fact remains that foreign residents account for just over 2% of Japan's total population, far less than in major Western countries such as the U.S. and Germany.
HONG KONG -- Tencent Holdings has been asked by China's regulators to lower the mobile payment market share of its ubiquitous WeChat app, three sources briefed on the matter told Nikkei Asia.
SINGAPORE -- Ukrainian President Volodymyr Zelenskyy is expected to attend Asia's largest defense forum this weekend in Singapore, at a critical moment in his country's war against Russia.
TOKYO -- Japan's government plans to offer loan guarantees for state-backed chipmaker Rapidus as the company pursues bank funding for the mass production of advanced semiconductors, Nikkei has learned.
Hello everyone, it's Cissy from Hong Kong.
Katsuji Nakazawa is a Tokyo-based senior staff and editorial writer at Nikkei. He spent seven years in China as a correspondent and later as China bureau chief. He was the 2014 recipient of the Vaughn-Ueda International Journalist prize.
TOKYO -- Japan will require companies in critical sectors including chips and machine tools to take steps to prevent cross-border technology leaks in order to qualify for government aid, Nikkei has learned.
TOKYO -- Thursday has been a busy day for traders and investors in Japan's financial markets as the 10-year government bond yield rose to a 13-year high, the Nikkei Stock Average was down by more than 2% at one point, and the yen touched its lowest point in four weeks against the dollar.