Wasn't asked but wanted to chime in as well: I think they share some of the content now that the FT is owned by Nikkei. I notice some Nikkei bylines in the FT from time to time.

For the record, I find the East Asia (and Europe) coverage decent. It's their US section that I'd say is in dire need of an improvement. Overall, a lot boils down to individual correspondents/writers: some are great while others not so much and thus best skipped (although the comments can also provide a lot of insight if the topic as such is interesting).