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Nikkei Asia
5 days ago
- Politics
- Nikkei Asia
Foreign residents in Japan fret over immigration backlash
The leader of Sanseito, Sohei Kamiya, speaks at a rally in Tokyo on July 21, one day after the Japanese political party won 14 seats in the upper house parliamentary election. © Reuters Nikkei staff writers TOKYO -- The rapid ascent of the right-wing Sanseito party in Japan has shone a spotlight on public attitudes to immigration, unnerving some non-Japanese residents. Sanseito, founded in 2020, won 14 seats in Sunday's upper house election on its "Japanese First" platform advocating stricter rules on immigration and foreign capital, along with proposing tax cuts and welfare spending. The party had held only one seat in the 248-member chamber of parliament prior to the vote.
Nikkei Asia
5 days ago
- Politics
- Nikkei Asia
Thai-Cambodia clashes live: 130,000 evacuated in Thailand
People, evacuated from Pong Tuek village, in Banthey Empel district, around 20 km from the disputed Ta Moan Thom temple, rest at a temporary shelter in Oddar Meachey province, Cambodia, on July 25. © Reuters Nikkei staff writers BANGKOK -- Military clashes between Thailand and Cambodia entered a second day on Friday, leaving "more than 20 deaths" in Thailand, according to the acting Thai prime minister, and one civilian dead in Cambodia. More than 130,000 people have been evacuated in Thailand, while Thai financial institutions with branches in Cambodia are gradually repatriating staff.
Nikkei Asia
09-07-2025
- Business
- Nikkei Asia
Philippines to face 20% US tariff, Trump says in letter to Marcos
U.S. President Donald Trump issued his latest round of tariff letters on July 9, targeting the Philippines and Brunei, among others. © Reuters Nikkei staff writers NEW YORK -- The U.S. will impose a 20% tariff on goods imported from the Philippines starting Aug. 1, President Donald Trump said in a letter revealed Wednesday, in his latest salvo against trade deficits with Southeast Asian nations. "Goods transhipped to evade a higher Tariff will be subject to that higher Tariff," Trump wrote in the letter to Philippine President Ferdinand Marcos, Jr., posted on his Truth Social account.
Nikkei Asia
09-07-2025
- Business
- Nikkei Asia
Japan GDP growth rebounds to annualized 0.9% in May: JCER
A rebound in business investment in Japan contributed to an upturn in the economy in May. © Reuters Nikkei staff writers TOKYO -- Japan's economy grew at an annualized pace of 0.9% in May from the previous month, led by private-sector capital expenditures, according to an estimate released by the Japan Center for Economic Research (JCER) on Wednesday. The growth marks a sharp reversal from the previous month, when the Nikkei-affiliated think tank estimated that the economy contracted an annualized 0.7%. If the economic growth maintains the April-May pace, the nation's gross domestic product could rise by an annualized 0.9% in inflation-adjusted real terms in the second quarter of this year compared to the preceding quarter, JCER said.
Nikkei Asia
07-07-2025
- Automotive
- Nikkei Asia
Foxconn EV tie-up could save Nissan's Japan supply chain
A Nissan staffer works on a Leaf electric vehicle at the automaker's Oppama plant in Kanagawa prefecture. © Reuters Nikkei staff writers TOKYO/TAIPEI -- Talks between Nissan Motor and Taiwan's Foxconn on joint use of a Japanese plant for electric-vehicle production could provide a lifeline to Nissan suppliers and help build up an EV supply chain. The proposed collaboration involves Nissan's Oppama plant in the city of Yokosuka, Nikkei reported Saturday.
