Trends

Interview

India's sports chief sees more podium performances ahead

NEW DELHI -- India wants to become a sports superpower, and it has a plan to do it. The Nikkei Asian Review sat down with Injetti Srinivas, director-general of the Sports Authority of India, to talk about the long-term development of the country's at...

  • India's toxic debt forces companies to restructure

    MUMBAI -- India's toxic-debt crunch among lenders is having a domino effect forcing major domestic companies to undertake painful restructuring to repair their financial houses, a trend that threatens to put a brake on their growth.Hindustan Construc...

  • Earnings preview

    Japanese megabanks' profit likely sank 30% on negative rates

    TOKYO -- Combined net profit at Japan's three megabanks likely shrank about 30% last quarter due to meager earnings from lending operations stemming from the Bank of Japan's negative interest rate policy.

  • Advanced tools give closer look at quake dangers

    TOKYO -- New data analysis tools from Japanese companies let users detect earthquake warning signs and calculate buildings' chances of collapse using aerial imaging technology and smartphone accelerometers.Business software provider SAP's Japanese un...

  • Automakers turn to sports cars to pique interest of the young

    TOKYO -- Japanese automakers are turning once again to sports cars in hopes that offerings with new designs and higher performance will ignite interest among a car-shy younger generation.Nissan Motor launches nationwide Wednesday a revised GT-R featu...

  • UK keen to deepen Asia ties after Brexit, business secretary says

    The U.K. intends to expand business cooperation with Asia, the country's new business secretary told the Nikkei Asian Review, noting that the British vote to leave the European Union is an opportunity to push for further internationalization.

  • Smaller aircraft to be key aviation battlefield

    TOKYO -- The growth of budget airlines has not only led to shifts in travel patterns across Asia, but is changing the demand picture in the global aircraft market, and in turn the product strategies of aircraft manufacturers.During the biennial Farnb...

  • Volcanic eruption risk a new opportunity for nonlife insurers

    TOKYO -- As premium incomes from traditional auto insurance decline, Japanese nonlife insurers are having to develop a new breed of accident insurance.When Mount Hakone in Kanagawa Prefecture, southwest of Tokyo, showed signs of volcanic activity in ...

  • Bollywood's Salman Khan acquitted in poaching cases

    NEW DELHI -- Bollywood superstar Salman Khan on Monday was acquitted by an Indian court of killing protected animals during hunting expeditions in the northwestern state of Rajasthan way back in 1998.The verdict by the Rajasthan High Court comes as a...

  • Japan stock investors learn to love corporate debt

    TOKYO -- A shift is taking place in the Japanese stock market. Companies that take risks rather than playing it safe and transform themselves to seize growth opportunities are the new darlings among investors.In the wake of the 2008 financial crisis,...

  • Mobile revolution lifts Myanmar out of telecom time warp

    YANGON -- Telecommunications in Myanmar has gone mobile at a phenomenal pace, driving down voice and data rates, with new entrants expected to heat up competition further.

  • Dry rainy season bumps up Japanese restaurant sales 2% in June

    TOKYO --Japan's restaurant sales rose 2% in June, the Japan Foodservice Association said Monday, helped by an uncommonly mild rainy season in the greater Tokyo region.The uptick was the seventh straight month of year-on-year sales gains at eateries. ...

  • Corporate Japan's pension obligations hit all-time high

    TOKYO -- The value of listed Japanese companies' future obligations to retiring workers reached roughly $860 billion at the end of the last fiscal year, marking a record high.

  • Mizuho, MUFG reorganizing in Europe over Brexit fears

    TOKYO -- Japanese megabank parents Mizuho Financial Group and Mitsubishi UFJ Financial Group are reshuffling operations in Europe to hedge against possible fallout involving Britain's vote to leave the European Union.Mizuho will augment functions at ...

  • Big Thai banks' 2Q profit down 7% on weak recovery

    BANGKOK -- Thailand's four major banks' combined net profit in dropped 7% in the April-June quarter from the same period last year, reflecting the weak economic recovery."The whole [world] economy is still weak, and the Thai economy is not an excepti...

  • 'Pokemon Go' jumps over China's Great Firewall

    BEIJING -- The Chinese government is notorious for blocking foreign internet services -- Google and Facebook included -- and so far "Pokemon Go" is no exception. But the megahit smartphone game is surging into the country anyway."I installed 'Pokemon...

  • Thailand strives to be international corporate hub

    BANGKOK -- Incentives launched last year to have multinational companies establish headquarters and regional centers in Thailand are starting to show results as the Thai government aims to make the country more than just a manufacturing base.

  • Japanese companies shift funds into deposits

    TOKYO -- Japan's corporations are moving funds into deposits at a record pace as they shy away from the historically low yields of the country's government bonds.Corporate deposits stood at 225 trillion yen ($2.12 trillion) at the end of April, data ...

  • Orders slide further at Japan's electronic parts makers

    OSAKA -- Orders to six leading Japanese makers of electronic components sank for a third straight quarter in the three months ended June, reflecting slumping sales of Apple's iPhone and a stronger yen.Combined orders, including some sales, totaled 1....

  • Flash memory prices rebound as makers introduce larger-capacity chips

    TOKYO -- Buoyed by a significant demand increase as Chinese and Taiwanese smartphone makers introduce products with larger memory capacity, prices of NAND flash memory chips have rebounded significantly.The benchmark bulk sales price of NAND flash me...