Canadian convenience store leader Alimentation Couche-Tard is expected to need prior approval from Japanese authorities to complete a proposed takeover of Seven & i Holdings, given the latter's involvement in potentially sensitive industries, Nikkei has learned. https://lnkd.in/gfwTF8np
Nikkei Asia
Newspaper Publishing
Chiyoda-ku, Tokyo 761,697 followers
The voice of the Asian century
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Nikkei Asia brings you news and insights on the region's most influential companies, plus comprehensive coverage of politics, the economy, markets and trends - all from a uniquely Asian perspective. For more than 140 years, Nikkei has been providing unparalleled coverage of Japan's economy, industries and markets. The group's business portfolio includes publishing, broadcasting and the Nikkei 225 stock index. Its flagship newspaper, The Nikkei, has a circulation of approximately 3 million. With 37 global bureaus and over 1,500 journalists, Nikkei is ideally positioned to provide Asian news and analysis to a global audience. The Financial Times(FT), the global business newspaper, joined the Nikkei group in 2015. As content partners, Nikkei Asia and the FT share select articles with their respective audiences and collaborate editorially on joint projects. For more information visit: https://asia.nikkei.com
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Updates
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Vietnam's housing market, which in recent years has been beset by distressed developers and a nationwide corruption crackdown that has slowed permitting and financing, is starting to turn a corner, according to industry players. https://lnkd.in/gEBFnkeB
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Good morning, Asia. This was our most read story while you were sleeping. China and Russia drive global nuclear power capacity to record high. https://lnkd.in/gTgmZPep
China and Russia drive global nuclear power capacity to record high
asia.nikkei.com
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China's indictment of a Japanese employee at Astellas Pharma has heightened safety concerns among the Japanese business community there, with companies seeking greater clarity and transparency regarding Beijing's counterespionage efforts. https://lnkd.in/gf_RjHmj
China's indictment of Astellas worker alarms Japanese businesses
asia.nikkei.com
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As it upgrades its lineup and prepares to roll out its first electric car, Malaysian automaker Proton Holdings is working more closely than ever with Chinese car manufacturer and major shareholder Zhejiang Geely Holding Group. https://lnkd.in/gvdsmFjG
Malaysia's Proton deepens ties with China's Geely ahead of EV debut
asia.nikkei.com
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Vietnam's long-awaited first subway line is slated to open in Ho Chi Minh City by the end of this year, although the delays that have plagued construction prompted Japanese company Hitachi to file for arbitration seeking payments from the city as costs pile up. https://lnkd.in/gBWdhJBK
Vietnam's first subway mired in more delays amid planned 2024 start
asia.nikkei.com
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The market for energy-saving heat pumps in Europe is slowing as countries cut subsidies, but Japanese manufacturers like Daikin and Panasonic Holdings have bet big on their spread and are continuing to invest. https://lnkd.in/gAkNupak
Daikin, Panasonic invest in cooling European heat pump market
asia.nikkei.com
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Analysis: U.S. election could dictate Xi Jinping's political schedule
Analysis: U.S. election could dictate Xi Jinping's political schedule
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Nikkei Asia reposted this
It’s happening again. The U.S. just can’t seem to stick to its “pivot to Asia” strategy. The Democratic Party's 2024 policy platform mentions Europe at the top of its chapter on foreign affairs, highlighting the success of the U.S. in rallying allies against Russia, before the chapter outlines the party's Indo-Pacific stance. The "Pivot to Asia" of 2011 was a "radical" change, Robert Blackwill told Chicago Council on Global Affairs last month. "For the first time in American history, Europe was not the first priority" The 1996 and 2000 Democratic platforms both had Europe ahead of Asia. The failure of U.S. administrations to stick to Asia stands as one of the three biggest foreign policy blunders since WWII, alongside Vietnam and Iraq, Blackwill says. While the U.S. was distracted, the Chinese engineered "an astonishing growth of power and influence, in the Indo-Pacific and then, later on, globally"
U.S. Democrats' foreign policy platform pivots back to Europe
asia.nikkei.com
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Like most kids across Pakistan, children in Arshad Nadeem's village often have a cricket bat in hand. But after his record-setting throw that won Olympic gold in Paris, javelin has suddenly turned into the town's favorite sport. https://lnkd.in/gJrVcAQc
Pakistan Olympic winner trades homemade javelins for superstardom
asia.nikkei.com