Nikkei Asia

HONG KONG -- China on Friday imposed fresh trade curbs on more than a dozen European industrial companies in retaliation against the European Union's recent decision to sanction Chinese firms over their alleged role in supporting Russia's war effort.

NEW DELHI/SEOUL/SINGAPORE -- Asian governments and analysts on Friday greeted the White House's announcement of tariffs ranging from 10% to 12.5% on 60 economies with disappointment and skepticism.

ADELAIDE, Australia -- Senior figures in Australia's ruling Labor Party have moved to head off pressure to hike taxes on Australia's liquefied natural gas (LNG) exporters, as the party confronts a push from members during its national conference.

TOKYO -- The Bank of Japan is set to hold the interest rate at 1% in its policy meeting scheduled for July 30 and 31, Nikkei learned on Friday.

SEOUL -- A South Korean appeals court on Friday ruled that SK chairman Chey Tae-won must pay 944.4 billion won ($643.9 million) to his former wife, Roh Soh-yeong, in a record divorce settlement, putting financial pressure on the tycoon who controls leading global memory chipmaker SK Hynix.

WASHINGTON -- The World Bank decided Thursday to phase out lending to China by 2031 in light of the country's economic development.

TOKYO -- Japan's Immigration Services Agency will add more than 200 employees this fiscal year in an emergency staffing increase, as it ramps up enforcement against visa overstayers and strengthens the country's border controls, the government said Friday. Such a midyear staffing expansion is high

MANILA -- When ASEAN's foreign ministers met with counterparts from around the world in Manila this week, a swath of geopolitical flashpoints dominated the agenda.