Nikkei Vies for Global Clout With Splurge on The Financial Times
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Newspapers for sale in Japan. The Japanese paper Nikkei is buying The Financial Times, of Britain.CreditShuji Kajiyama/Associated Press
TOKYO — Not long after he took over as president of Japan’s dominant business newspaper in April, Naotoshi Okada delivered a message to his 1,300 reporters and editors. It was time, he said, for Nikkei, the muscular but domestically focused broadsheet, to attain the global influence it had long craved.
The model he envisioned: the British newspaper The Financial Times.
“I want us to stand side by side with newspapers in Europe and America,” Mr. Okada, a career Nikkei journalist, said in a private address to the staff, according to two employees. Adding that he wanted columnists “whose advice is sought by the world’s central bankers,” he named The Financial Times’s respected economics editor, Martin Wolf, as an example…
Nikkei Vies for Global Clout With Splurge on The Financial Times
