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Nikkei asian news

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Editor - Letter from Nikkei Asia's editor: China's tech trap - asia.nikkei.com - Japan - Tokyo - China - Portugal - prefecture Shizuoka

Letter from Nikkei Asia's editor: China's tech trap

Hello from Tokyo. Joseph Schumpeter was one of the most famous economists of the 20th century. He is known for characterizing the core of capitalism as an evolutionary cycle of creative destruction, or innovation. His theory attracted many Japanese scholars, and Heita Kawakatsu, the professor turned governor of Shizuoka prefecture, was one of them. (Some people say that this is possibly because his own name, Heita -- which can also be read as Peta -- is similar to Schumpeter's.)

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Nikkei staff writers - Yen, oil rally; stocks fall as geopolitical tensions flare - asia.nikkei.com - Japan - Tokyo - Taiwan

Yen, oil rally; stocks fall as geopolitical tensions flare

TOKYO -- The yen strengthened to the 150 range versus the dollar in Tokyo by midday on Friday, the Japanese currency's strongest point in about two weeks, as a "risk-off" mood carried over to Asian markets amid investor jitters about rising geopolitical tensions in the Middle East, an earthquake in Taiwan and elevated inflation in the U.S.

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Fumio Kishida - Nikkei staff writers - Japan, U.S., Philippines to cooperate in clean energy, chips: Kishida - asia.nikkei.com - Japan - Tokyo - Philippines - Washington - county Cooper

Japan, U.S., Philippines to cooperate in clean energy, chips: Kishida

TOKYO -- Japan, the U.S. and the Philippines will work together in areas such as semiconductors, digitalization, communication networks, clean energy and critical minerals, Japanese Prime Minister Fumio Kishida told Nikkei ahead of a historic three-way summit in Washington next week.

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Fumio Kishida - Joe Biden - Nikkei staff writer - Japan, U.S. in talks to bolster hydrogen supply chain together - asia.nikkei.com - Japan - Washington

Japan, U.S. in talks to bolster hydrogen supply chain together

OSAKA -- Japan and the U.S. are discussing joint efforts to promote hydrogen energy and bolster related supply chains, including by lowering costs for producers, Nikkei has learned.

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Nikkei staff writer - Japan eyes hydrogen production using next-gen nuclear reactor - asia.nikkei.com - Japan - Tokyo - prefecture Ibaraki

Japan eyes hydrogen production using next-gen nuclear reactor

TOKYO -- The Japanese government plans to start field testing clean hydrogen production using nuclear power as soon as 2028, Nikkei has learned, with the move following a successful safety test of a next-generation reactor last week.

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Japan's Nikkei average jumps 2% as domestic investors buy stocks - asia.nikkei.com - Japan - Tokyo

Japan's Nikkei average jumps 2% as domestic investors buy stocks

TOKYO -- Japan's benchmark Nikkei Stock Average jumped on Thursday as the market realized that individuals' interest in buying stocks through a revamped tax-free program is stronger than expected.

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Fumio Kishida - Nikkei staff writers - Japan, U.S., Philippines to cooperate in clean energy, chips: Kishida - asia.nikkei.com - Japan - Tokyo - Philippines - Washington - county Cooper

Japan, U.S., Philippines to cooperate in clean energy, chips: Kishida

TOKYO -- Japan, the U.S. and the Philippines "will work together to proceed with trilateral cooperative projects," including in semiconductors, digital, communication networks, clean energy and critical minerals, Japanese Prime Minister Fumio Kishida told Nikkei ahead of a summit with the leaders of the two countries next week in Washington.

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KENYA AKAMA - Nikkei staff writer - Thai plastics maker Indorama shifts focus from M&A to reducing debt - asia.nikkei.com - China - Thailand - Bangkok

Thai plastics maker Indorama shifts focus from M&A to reducing debt

BANGKOK -- Thai petrochemical producer Indorama Ventures will pull back on acquisitions to focus on curbing debt, Group CEO Aloke Lohia told Nikkei, as the company grapples with growing competition from inexpensive Chinese products.

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