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November 21, 2024
 

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Hyunjoo Jin
Korea Zinc Chairman Yun B. Choi, a grandson of a co-founder, last week agreed to scrap a controversial plan to issue new shares in the zinc refiner to help fend off a takeover attempt.
BUSINESS / Companies
Nov 21, 2024
Korea Zinc takeover battle tests Seoul's resolve on tackling 'Korea discount'
South Korean firms tend to have lower valuations compared to their overseas peers due to low dividend payouts and the dominance of family-run conglomerates.
Asian chipmakers, led by Taiwan's TSMC and South Korea's Samsung Electronics, have collectively invested at least $117 billion in the U.S.
BUSINESS / Companies
Nov 7, 2024
What's at stake for Asian companies under a Trump presidency
Trump has floated the idea of a 10% or more tariff on all goods imported into the U.S.
A Toyota Lexus UX 250h Hybrid vehicle stands on display during the Seoul Motor Show in Goyang, South Korea, in March 2019.
BUSINESS / Companies
Sep 6, 2024
Japanese cars and beer gain ground in South Korea as relations thaw
Monthly sales of Japanese cars, including Toyota and Lexus, jumped 31% in August from a year earlier.
Shareholder approval of the $56 billion pay package serves as both an endorsement of Elon Musk's tenure and an acknowledgment that investors do not want to risk Tesla's future.
BUSINESS / Tech
Jun 14, 2024
Tesla's Musk wins shareholder approval for $56 billion pay package
The approval does not, however, resolve a lawsuit on the pay package in a Delaware court.
Tesla's charging network is widely viewed as a signature achievement for the EV maker and a key driver of its sales. Tesla Superchargers account for more than 60% of U.S. high-speed charging ports, federal statistics show.
BUSINESS / Companies
May 16, 2024
The inside story of Elon Musk’s mass firings of Tesla Supercharger staff
Former charging chief met Musk expecting the go-ahead for a massive expansion of the charging network, but ended up getting fired along with her 500-member team.
Tesla Model 3 vehicles are seen for sale at a Tesla facility in Fremont, California, last May.
BUSINESS
Apr 6, 2024
Tesla scraps low-cost car plans amid fierce Chinese EV competition
The automaker will continue developing self-driving robotaxis on the same small-vehicle platform, the sources said.
Tesla CEO Elon Musk
BUSINESS / Companies
Jan 17, 2024
Musk's warning about Tesla stake raises governance questions
CEOs and directors are prohibited from taking any business opportunity for themselves that belongs to the firm.
A Cruise driverless car operating in San Francisco. On Tuesday, California regulators ordered Cruise, a General Motors subsidiary, to stop its driverless taxi service in San Francisco after a series of traffic incidents.
BUSINESS / Tech
Oct 25, 2023
California sidelines Cruise's driverless cars, citing safety risk
The U.S. state suspended Cruise's autonomous vehicle deployment, saying the company had "misrepresented" the safety of the technology.
Japan Times
BUSINESS
Apr 8, 2023
Tesla workers shared sensitive images recorded by customer cars
Some of the recordings caught Tesla customers in embarrassing situations — one ex-employee described a video of a man approaching a vehicle completely naked.
Japan Times
BUSINESS / Tech
Nov 18, 2022
After Elon Musk's ultimatum, Twitter employees start exiting
Musk was meeting some top employees to try and convince them to stay, said one current employee and a recently departed employee who is in touch with Twitter colleagues.
Japan Times
BUSINESS / Tech
Sep 21, 2022
Elon Musk faces skeptics as Tesla gets ready to unveil 'Optimus' robot
The company is floating ambitious plans to deploy thousands of humanoid robots, known as Tesla Bot or Optimus, within its factories.
Japan Times
BUSINESS / Tech
Jun 7, 2022
Elon Musk opens door to Tesla talent exodus
The Tesla chief executive's intentions are rooted in what he described as his 'super bad feeling” about the U.S. economy.
Japan Times
BUSINESS
Jun 3, 2022
Elon Musk feels 'super bad' about economy as he announces need to cut 10% of Tesla jobs
The message, titled 'pause all hiring worldwide,' adds to a growing chorus of warnings from business leaders about the risks of recession.
Japan Times
BUSINESS / Tech
Apr 26, 2022
Funding obscured: The family office behind Elon Musk's $44 billion Twitter buyout
The small family office that is managing the wealth of Elon Musk and is helping put together the largest-ever acquisition to be carried out by one person is shrouded in secrecy.
Japan Times
BUSINESS / ANALYSIS
Apr 6, 2022
Elon Musk may add to U.S. regulator's ire with late report about Twitter stake
U.S. securities law requires disclosure within 10 days of acquiring 5% of a company, and in Musk's case the 10-day deadline was March 24.
Japan Times
BUSINESS / Tech
Mar 8, 2022
Ukraine invasion sets back Elon Musk's dream for cheaper EVs, for now
Rising prices of nickel, lithium and other materials threaten to slow and even temporarily reverse the long-term trend of falling costs of batteries.
Japan Times
BUSINESS / Companies
Oct 22, 2021
Tesla looks to pave the way for Chinese battery makers to come to U.S.
The two biggest economies have many disputes to resolve, and China's regulatory crackdowns in tech could pose another hurdle.
Japan Times
BUSINESS
Aug 24, 2021
A secret weapon for self-driving car startups: human safety operators
With no end in sight to the technical and regulatory obstacles to free-range, driverless taxis, some companies are accepting the need for human minders and scaling down their ambitions.
Japan Times
BUSINESS
Jun 30, 2021
Elon Musk touts Starlink progress as cost and demand hurdles linger
If the service is successful, it could vastly expand the reach of broadband internet around the world and even provide a new platform for traders and others with exotic internet needs.
Japan Times
BUSINESS
Apr 21, 2021
Tesla drives on Autopilot through a regulatory gray zone
The fatal crash of a Tesla with no one apparently behind the wheel has cast a new light on the safety of semiautonomous vehicles and the nebulous U.S. regulatory terrain they navigate.
Ishiba delays meeting with Trump, citing legal restrictions
Prime Minister Shigeru Ishiba waves upon arrival for the Asia-Pacific Economic Cooperation forum, in Callao, Peru, on Friday.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
China may soon resume visa exemptions for Japanese nationals, reports say
A view inside Beijing Daxing International Airport. Japanese nationals could soon visit China without a visa for up to 15 days, according to reports.
Why Yamanashi gave up building a light-rail system on Mount Fuji
A rubber-tired tram system, tentatively called the “Fuji Tram,” would run along magnetic markers, reducing environmental damage, according to the Yamanashi Prefectural Government.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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