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November 21, 2024
 

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BUSINESS

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Companies
Economy
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Gautam Adani has been charged in the U.S. with paying hundreds of millions of dollars in bribes and hiding the payments from investors.
BUSINESS / Companies
Indian billionaire Gautam Adani charged in U.S. with bribery
The billionaire chair of Indian conglomerate Adani Group has been indicted in New York over his role in a $265 million bribery scheme.
BUSINESS / Companies
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.
BUSINESS / Companies
Hedge fund Effissimo stirs speculation with its stake in Nissan Motor
News of the investment sent Nissan’s shares soaring 13% on Nov. 12.
Nissan has warned that missing a British government target on electric vehicles would lead to significant fines for manufacturers.
BUSINESS / Companies
Nov 21, 2024
Nissan urges U.K. to ease EV targets amid weak demand
A British mandate requires at least 22% of an automaker's new car sales in 2024 to be purely EVs, or they face hefty fines.
Funding for the proposed buyout of Japan's Seven & i Holdings by its founding family will be finalized by the end of December, sources say.
BUSINESS / Companies
Nov 21, 2024
Seven & I buyout funding to be finalized by next month, sources say
The retailer is caught in a three-way tug-of-war between a foreign suitor, its founding family and company management.
Pudong's Lujiazui Financial District in Shanghai, China
BUSINESS / Companies
Nov 20, 2024
Japanese businesses grow more pessimistic on China’s economy
About 64% of Japanese companies said the Chinese economy is faring worse than last year.
Tokyo Gas’ LNG terminal in Sodegaura, Chiba Prefecture
BUSINESS / Companies
Nov 20, 2024
Tokyo Gas shares jump most since 1987 after activist fund discloses major stake
By Shoko Oda and Alice French
Elliott Investment Management said it now owns more than 5% of Tokyo Gas and may make "important proposals” to the utility provider.
A lobby lounge of a luxury hotel inside Tokyo Garden Terrace Kioicho in Tokyo's Chiyoda Ward
BUSINESS / Companies
Nov 20, 2024
Blackstone nears $2.6 billion deal to buy Seibu’s Tokyo complex
By Lisa Du
Any sale around that amount would make it one of the most expensive single real estate transactions in Japan.
Nippon Steel has accused critics of the U.S. Steel deal of making inaccurate comments about the transaction.
BUSINESS / Companies
Nov 19, 2024
Nippon Steel claims union 'misinformation' in battle for U.S. Steel
By Francis Tang
Vice Chairman Takahiro Mori has reiterated commitments made by Nippon Steel, which include maintaining U.S. Steel’s blast furnace operations.
Sony already has a 2% stake in Kadokawa and a stake in Kadokawa subsidiary FromSoftware, the developer of Elden Ring.
BUSINESS / Companies
Nov 19, 2024
Sony in talks to buy media powerhouse behind Elden Ring, sources say
By Anirban Sen and Sam Nussey
The talks between the two sides are ongoing and, if successful, a deal could be signed in the coming weeks.

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.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
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

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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