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TOKYO -- A year after Nissan Motor and Renault Group agreed to rebalance their alliance to a team of equals, the Japanese automaker has slipped behind its French partner in market capitalization amid struggles to adapt to shifting market environments.
HONG KONG -- The Hong Kong Jockey Club is looking to expand its presence in mainland China, as it prepares to hold regular races there from 2026, its CEO Winfried Engelbrecht-Bresges told Nikkei in an interview.
NEW YORK -- U.S. state-level officials on both sides of the political spectrum have taken an increasingly confrontational stance against China through actions that tighten trade and economic restrictions, complicating Washington's diplomacy with China.
VIENTIANE -- Chinese Foreign Minister Wang Yi said on Friday that Beijing does not take kindly to other countries meddling in tensions with the Philippines in the South China Sea, hitting at Manila's allies, including the U.S. and Japan, during bilateral talks between Association of Southeast Asian Nations (ASEAN) and China in Vientiane.
TOKYO -- Construction setbacks have impacted a long-range radar system being built by the U.S. Air Force on the Pacific island of Palau, delaying the deployment of an asset designed to boost observational abilities of Washington and its allies in the region.
SHANGHAI -- Chinese state-owned enterprises will invest 3 trillion yuan ($413.8 billion) over the next five years to upgrade their equipment, the government's supervisor for state assets said on Friday, as the country races to bolster its industrial supply chain as laid out in a key economic blueprint.
KUALA LUMPUR -- Malaysia's state energy conglomerate Petronas has announced on Friday a joint venture with Italy's Enilive and Japan's Euglena to construct a biorefinery plant at the Pengerang Integrated Complex in the southern state of Johor.
NEW DELHI -- India and the U.K. are working toward concluding a free trade agreement soon with the new British Foreign Secretary David Lammy describing ongoing negotiations as "the floor not the ceiling" of shared ambitions to unlock their bilateral potential and deliver growth.