Economy: News & Insights - Nikkei Asia

    Economy

    High-yield currencies, including the Australian dollar and Mexican peso, have fallen against the U.S. dollar in recent weeks. (Source photos by Nikkei)
    Currencies

    Mexican peso drops while Aussie dollar resilient in flight to quality

    Japanese investors rethink high-yield currency risks as US rates rise

    16 October 2026
    Japanese Foreign Minister Toshimitsu Motegi, left, poses with counterpart Roberto Kury Pesantes in Ecuador on Aug. 6. (Japanese Ministry of Foreign Affairs)
    Trade

    Japan makes play for resources with Ecuador, Mercosur outreach

    Tokyo looks to diversify sources for crude oil, rare earths

    8 August 2026
    Japan's production of top-grade wagyu beef tripled over the past 10 years. (Photo by Nikkei)
    Trade

    Japan's farmer-backed ruling party to support trade talks with Mercosur

    LDP urges government to expand Japanese farm exports to South American bloc

    6 June 2026
    Brazilian President Luiz Inacio Lula da Silva visits a Petrobras refinery on May 18. (Photo by Niki Mizuguchi)
    Energy

    Brazil to ramp up oil output as Asia looks for Iran alternative

    Planned 30% production increase would make Brazil world's 5th largest supplier

    5 June 2026
    The train service connecting Mexico City and Felipe Angeles International Airport was completed in April after two years of delays. (Photo by Tomohiro Ichihara)
    Construction

    As World Cup looms, Mexico's infrastructure work mired in delays

    Airport, stadium and rail projects won't be completed before June opening ceremony

    1 June 2026
    Mercosur is among the few major global markets with which Japan has yet to negotiate a free trade deal.
    Trade

    Japan poised to start Mercosur trade talks, seeking oil, more car exports

    Access to South American resources outweighs worries over impact on farm sector

    27 May 2026
    A Nubank mobile app. The Brazilian fintech bank is rapidly expanding in the country. (Photo by Niki Mizuguchi)
    Finance

    Brazil debt crisis swells with over 82 million behind on payments

    Government rolls out relief as Asian firms eye growing fintech-led credit market

    24 May 2026
    A Petrobras distribution terminal in the state of Sao Paulo. Brazil can contribute to Japan's energy security, Foreign Minister Mauro Vieira says.
    Interview

    Brazil 'ready' to ramp up oil exports to Japan: foreign minister

    South American nation also has rare earths but wants to add value, Vieira says

    20 May 2026
    Brazilian President Luiz Inacio Lula da Silva attends an energy investment event in capital city Brasilia on May 8.
    International relations

    Brazil reaps gains from US-China tensions with resource diplomacy

    Lula wields South American country's rare earths for edge over Trump on trade

    14 May 2026
    Squid being sun-dried at the Yobuko port, known for a seafood market and fresh squid, in Saga prefecture, Japan. (Photo by Nikkei)
    Fisheries

    China's aggressive squid fishing linked to sharp drops in catches

    Japan's massive appetite for cheap seafood cited as a factor in neighbor's practices

    10 May 2026
    Talks toward an economic partnership agreement with Mercosur would mark the first major free-trade negotiation for Japan under Prime Minister Sanae Takaichi. (Nikkei montage/Kyodo)
    Trade

    Japan pushes for South American economic pact, eyeing energy resources

    Tokyo aims to kick off Mercosur talks by summer, Brazil beef imports pose hurdle

    10 May 2026
    Costa Rica is close to securing entry into the CPTPP, a move that would grant it preferential trade status with Japan, Australia and other members.
    Interview

    Costa Rica to reach CPTPP deal in 'few weeks,' trade minister says

    Central American country eager to join world's largest free trade bloc

    19 February 2026
    Honduras envisions construction of a dry canal linking the Pacific and Atlantic oceans, which would involve trucks and rail, but there is little appetite to build infrastructure other than roads. (Photo by Tomohiro Ichikawa)
    Trade

    Road-rail rivals to Panama Canal face mounting costs, other headwinds

    Mexican railway project in trouble after fatal derailment in December

    10 February 2026
    A mechanic fixes a car on a street in Havana on Jan. 30, as Cubans face blackouts and rising prices for food and fuel.  
    International relations

    Cuba scrambles to build Asian ties beyond China under US pressure

    Rare Tokyo investment seminar held amid warnings of humanitarian 'collapse'

    6 February 2026
    An MSC vessel at the port of Cristobal, operated by a unit of CK Hutchison group, on Feb. 1, 2025. A Panamanian court ruled that the company's concessions were unconstitutional.
    US-China tensions

    China vows to protect companies after CK Hutchison loses Panama ports

    Hong Kong 'firmly rejects' court ruling; shares in Li Ka-shing's conglomerate fall

    30 January 2026
    China is Venezuela's largest importer of oil. (Nikkei montage/Source photos by Reuters)
    Energy

    Venezuelan oil and China: 4 things to know

    Country's oil industry won't be 'controlled by adversaries of the US,' Rubio says

    6 January 2026
    The Trump administration's tariffs and China's overproduction are distorting global trade, prompting other countries to impose levies on Chinese exports. (Source photos by Nikkei and Reuters)
    Trade

    Trump tariffs spur copycat policies as countries try to limit China imports

    Mexico raises levies on imports as Chinese goods shut out of US hit the market

    28 December 2025
    A BYD dealership in Mexico City. Chinese automakers have been growing in the Mexican market, but face new tariff obstacles.
    Trade war

    China urges Mexico to 'correct erroneous practices' over tariff hikes

    50% levies would harm Chinese and other countries' interests, Beijing says

    11 December 2025
    Buyers from a Dutch company inspect nishikigoi carp at a trade show in November in Ojiya, Japan. (Photo by Yugo Takagaki)
    Business trends

    Japan's Niigata eyes South America for 'nishikigoi' carp exports

    Nation's largest producer seeks safe means of long-distance transport

    9 December 2025
    Monterrey is set to host the World Cup next summer, providing another tailwind for new investments. (Photo by Tomohiro Ichihara)
    Business trends

    Mexico's foreign direct investment hits record as China reliance eases

    AI data center, Tesla gigafactory earmarked for growing northern tech hub Monterrey

    3 December 2025
    Lazaro Cardenas Port's capacity grew more than 1,000-fold in the 20 years after Hutchison Ports acquired management rights there in 2003. (Photo by Tomohiro Ichihara)
    Transportation

    Hong Kong's CK Hutchison spends big to bolster Mexico port

    Latin American harbors at the frontlines of US-China frictions

    26 November 2025
    People shopping in New Delhi on Nov. 13. India reported a surprisingly robust 7.8% economic expansion in the April-June quarter, before U.S. tariffs took full effect. (Photo by Ken Kobayashi)
    Your Week in Asia

    Election in Malaysia's Sabah, India GDP, Thai motor show

    Your weekly lineup of Asia's biggest business and political events

    23 November 2025
    An LPG pipeline would remove the need for vessels carrying the fuel to pass through the canal.
    Energy

    Panama Canal plans pipeline to open path for Asia-bound LPG

    Exxon Mobil, Shell show interest in investing in project to ease congestion

    6 November 2025
    Zhi Dong Zhang is extradited to the U.S. from Mexico by law enforcement officials. (Photo from X post by Omar Garcia Harfuch)
    Fentanyl’s Hidden Routes

    Suspected Chinese drug boss extradited to US after failed escape

    Zhi Dong Zhang fled house arrest in Mexico to Cuba but was denied entry to Russia

    25 October 2025
    A harvesting machine works on a soybean plantation in San Andres de Giles, on the outskirts of Buenos Aires, in May 2025.
    International relations

    Argentina in superpower duel as China buys soybeans, US dangles billions

    Despite friendly Trump ties, Milei likely to find Beijing 'too big to ignore'

    8 October 2025
    Mitsubishi Motors will start exporting to Latin American markets via Brazil. (Photo by Yuki Nakao)
    Automobiles

    US auto tariffs push Mitsubishi, Mazda toward Latin America

    Duties in No. 2 auto market still high for Japan carmakers even after cut to 15%

    17 September 2025
    Business leaders at the 26th Brazil-Japan Business Council Plenary Meeting adopt a joint statement on work toward economic partnership agreement. (Photo by Niki Mizuguchi)
    International relations

    Japan, Brazil business groups push for Mercosur economic pact

    Countries are moving to shore up ties with South American trade bloc amid US-China tensions

    11 September 2025
    Almost no workers were present at the automated port in Chancay. (Photo by Niki Mizuguchi)
    Transportation

    Shippers flock to China-backed high-tech port in Peru

    Despite US concerns, official at operator CSPCP says naval use of Chancay 'impossible'

    28 August 2025
    A waitress serves coffee at a cafe in Rio de Janeiro, Brazil.
    Trump tariffs

    Brazil courts China for coffee exports in face of stiff US tariffs

    International coffee prices slump on concerns of depressed American demand

    15 August 2025