Japan automaker profits expected to slow after blockbuster year
TOKYO -- Profit growth at six leading Japanese automakers is expected to slow in fiscal 2024 as they enjoy less room to raise output but face rising costs.
Asian news from Tokyo
Japan and South Korea agree to deepen trilateral ties with U.S.
TOKYO (Kyodo) -- Japanese Prime Minister Fumio Kishida said he and South Korean President Yoon Suk Yeol agreed during phone talks Wednesday to further promote bilateral and trilateral cooperation together with the United States, following his recent visit to Washington.
Analysis: Why Xi and Biden chose the same day to send a message on Taiwan
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.
Fujifilm boosts spending to $12bn, focusing on health care, chip material
TOKYO -- Fujifilm Holdings will invest 1.9 trillion yen ($12.3 billion) in health care, chipmaking materials and other areas where it seeks growth over the next three fiscal years, the company said Wednesday.
Indian media group Zee abandons bid to merge with Sony
TOKYO -- Indian broadcaster Zee Entertainment has withdrawn its bid to force a $10 billion merger with Sony's local unit, several months after the Japanese company pulled out of the blockbuster deal.
Bitcoin 'halving' approaches, raising uncertainty
TOKYO -- As bitcoin approaches its "'halving" -- a planned adjustment in the number of coins in circulation -- around Saturday, the cryptocurrency market is bracing for volatility amid a 50% jump in prices since the end of last year.
Toshiba weighs cutting 5,000 jobs in Japan
TOKYO -- Toshiba is considering cutting its domestic workforce by 5,000, equivalent to about 7% of the total in Japan, Nikkei has learned, in its latest move to accelerate its restructuring.
Sony's new Bravia TVs built for Prime Video, other streaming services
PALO ALTO, California/TOKYO -- Sony has tailored its newest line of Bravia televisions for the video streaming audience by working with creatives in the entertainment industry.