Trends

Van Cleef & Arpels opened a newly renovated shop on Tokyo's ritzy strip this spring.

International luxury brands remodeling Ginza outlets

TOKYO -- High-end brands across the globe are refurbishing flagship stores in Tokyo's upscale Ginza district ahead of the anticipated flood of tourists to the Japanese capital for the 2020 Olympics.Salvatore Ferragamo has begun remodeling an outlet o...

  • Sri Lanka importing fewer used Japanese cars

    TOKYO -- Exports of used Japanese automobiles to Sri Lanka could fall by roughly half in unit terms because of import duty hikes implemented since October, the head of the auto importers' association there tells The Nikkei.Sri Lanka was the biggest i...

  • Aussie farmers worry over fallout of 'backpacker tax'

    SYDNEY -- Australian farmers, as well as its tourism industry, are concerned about Canberra's plan to eliminate a tax-free threshold for working holiday makers since these young foreigners are vital to their operations. But the cash-starved governmen...

  • Japan execs with 100m yen in pay reach record

    TOKYO -- A record number of directors at Japanese companies received 100 million yen ($968,300) or more in compensation for the year ended in March, buoyed by rising overseas earnings and the growing use of earnings-linked remuneration.Data by Tokyo ...

  • Brexit sends chills through Hong Kong's retail sector

    HONG KONG -- Brexit could have come at a bad time for Hong Kong's high street as retailers in the territory are already grappling with slumping sales due to a slowing economy in China.The territory's retail sales slid for the 15th straight month in M...

  • B Corps on the rise

    HONG KONG -- Technological advances have made computers and smartphones an indispensable part of life for much of the world. But there are drawbacks to having the World Wide Web constantly at your fingertips. By one estimate, sifting through emails a...

  • Indian tire dealers push back against local cartel

    NEW DELHI/BANGALORE, India -- Unable to break a local tire manufacturing cartel that has kept prices artificially high, Indian tire retailers and wholesalers are pushing sales of foreign brands in an effort to boost demand. "We need more foreign play...

  • Quality governance is key to making money

    TOKYO -- Japan's corporate governance code, now in its second year, has brought rapid change. Roughly 80% of companies on the Tokyo Stock Exchange's first section have appointed multiple outside directors. But in terms of governance quality, this may...

  • Governance becoming hot topic at Japanese shareholders meetings

    TOKYO -- As the flurry of Japanese shareholders meetings for the fiscal year ended in March reaches its zenith, votes against top company officials are on the rise as governance-focused investors take a stand against scandals and lackluster profits.S...

  • China's 5G push complicates Japanese ambitions

    SHANGHAI -- The top Chinese wireless carrier's drive to offer next-generation 5G service in its home market, the world's biggest, adds a new element of uncertainty to a Japanese effort to create a global standard.China Mobile seeks to achieve 5G by 2...

  • Tata Consultancy Services, Infosys

    Brexit could hurt Indian software exporters

    MUMBAI (NewsRise) -- Britain's vote to exit from the European Union has cast a pall over India's software services industry, as fears of a freeze in technology spending and the sustained volatility in British pound could damp company earnings. Some...

  • Spirited debate on alcohol racks Indonesia

    JAKARTA -- When a commotion surrounding a ban on alcohol sales in Indonesian convenience stores began to cool last year, many thought it would spell the end of an exhaustive debate about easy access to alcoholic beverages. But it did not.A year after...

  • Why some Japanese manufacturers aren't sweating Brexit

    TOKYO -- A few big Japanese companies are suddenly looking savvy in the wake of Brexit, having created "buffer zones" of business across Europe.

  • Asia's shareholders demand more as earnings sour

    BANGKOK -- Many companies across Asia are no longer delivering the dazzling growth of old, and investors this week at shareholders meetings are not holding back over their frustrations regarding low earnings and managerial lapses.

  • Nuclear power debate front and center for Japan's utility shareholders

    TOKYO -- Shareholders in many of Japan's utilities are split over the prospect of restarting nuclear power operations -- a discussion complicated by one company's apology for withholding information in the wake of the country's last nuclear disaster....

  • Japan trading houses see opportunity in low resource prices

    TOKYO -- Japanese trading houses are starting to invest in resource development projects again, aiming to make the most of cheaper equipment-leasing fees and other lower expenses stemming from the resource market slump.Mitsui & Co. will spend some 80...

  • Commentary

    Douglas Fuller -- 'Hybrid' model drives China tech sector

    Chinese technology groups with foreign financing and local management are best placed for long-term success.

  • China's carmakers taking advantage of green car subsidy

    GUANGZHOU, China -- Chinese automakers are increasingly spending money on building green car production facilities at home, hoping to get the most of government subsidies before the program ends in 2020. Last year, Beijing introduced a subsidy progra...

  • ROE quality key to investor satisfaction

    TOKYO -- With investors casting a sterner eye on quality, it appears that simply raising return on equity is no longer enough to keep them satisfied. On a June visit to the head office of Kansai Paint in Osaka, western Japan, one institutional invest...

  • E-commerce in Thailand booms on trust

    BANGKOK -- When swept up by the urge to buy new clothes, Nutthakarn Kachenrum simply taps her smartphone to place an order from her favorite supplier. Within days, a large package is delivered to her desk in the accounting department of an office com...