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BUSINESS
Aug 30, 2023

3M to pay $6 billion to settle military earplug lawsuits

The company will pay $5 billion in cash and $1 billion in 3M common stock under the terms of the agreement
An air raid shelter converted into luxury apartments at Ungererstrasse 158 in Munich, Germany
BUSINESS / Economy / ANALYSIS
Sep 4, 2023

Market flop: How Germany's property boom ended

The country's property sector in Europe's largest economy is suffering its worst slump in decades.
Arm Holdings kicked off its roadshow for initial public offering on Tuesday, disclosing that the proposed range would value it at between $48 billion and $52 billion.
BUSINESS / Companies
Sep 6, 2023

SoftBank's Arm launches IPO courting T Rowe in $52B valuation ask

T Rowe Price has been an anchor investor in some of the biggest stock market debuts.
Kazuki Paul Tsuyukusa with his dog Sunny in Fukuoka
COMMUNITY / Our Lives / 20 QUESTIONS
Sep 9, 2023

Kazuki Paul Tsuyukusa: 'It’s better to live without being noticed everywhere.’

A former rikishi, Kazuki Paul Tsuyukusa has swapped his sumo stable for the life of a salaryman.
Japan Wind Development's Tohoku headquarters in Rokkasho, Aomori Prefecture
JAPAN / Crime & Legal
Sep 10, 2023

Internal email sheds light on wind-power bribery scandal

Tokyo prosecutors have obtained an email as possible evidence of Akimoto having made statements before lawmakers at the request of Tsukawaki.
The agreement to settle an epic battle between Walt Disney and Charter Communications over distribution rights is ushering the end of the lucrative, decades-old pay-television bundle and creating a template for future deals that includes streaming services.
BUSINESS / Companies
Sep 15, 2023

Disney and Charter deal reshapes media landscape, executives say

The deal over distribution rights is ushering the end of pay-television bundles and creating a template for future deals that includes streaming services.
Banking on strong investor appetite for emerging market growth in the absence of Chinese stock offerings, some Southeast Asian companies are considering listing in the U.S.
BUSINESS / Companies
Sep 19, 2023

More Southeast Asian firms consider U.S. IPOs

Senior executives at some firms have said they were looking into New York as one of their initial public offering venues.
For all the scrutiny at home, many of China’s richest new grads are turning their backs on their lives abroad. Sometimes, they’re responding to the lure of China’s potential. Other times, it’s the alienation they feel overseas.
ASIA PACIFIC / Politics
Sep 22, 2023

China’s wealthy youth flock home as tensions with U.S. rise

For all the scrutiny at home, many of China’s richest new grads are turning their backs on their lives abroad.
Hokkaido Gov. Naomichi Suzuki (right) visits a refrigeration facility in Monbetsu, Hokkaido, where returned stocks of scallops are piling up, on Sept. 14.
JAPAN
Sep 22, 2023

Hokkaido seafood piles up in freezers following China ban

Scallops and other products are amassing in freezers at processing facilities in the prefecture, costing businesses more for storage.
An exhibition featuring Studio Ghibli films, including calligraphy by film producer Toshio Suzuki with famous film lines, is held in Bangkok in February 2022.
COMMENTARY / Japan
Sep 22, 2023

Is this the end for Japan’s iconic Studio Ghibli?

It’s tough to find an appropriate analogy for the Ghibli sale; the only one that comes close is Disney's purchase of Pixar for $7.4 billion in 2006.
The Capcom booth at the Tokyo Game Show in Chiba last week
BUSINESS / Companies
Sep 25, 2023

Capcom sets sights on India's growing game market

Capcom targets selling more than 100 million copies of games a year.
Rupert Murdoch in his office in New York in 2007. Murdoch's decision to step down from the boards of News Corp. and Fox Corp. marks the end of a decadeslong media career.
COMMENTARY / World
Sep 25, 2023

Rupert Murdoch, the last of the press barons

No living person has influenced the media landscape like Rupert Murdoch. Should we view his career in a favorable light, or is his legacy one of darkness?
SoftBank is targeting ¥120 billion in sales of the so-called bond-type class shares that will be listed on the Tokyo Stock Exchange.
BUSINESS / Companies
Sep 25, 2023

SoftBank to sell more than ¥120 billion of bond-type stock

The firm has tentatively offered a dividend rate from 2.5% to 3% for the first five years.
Zaein, created by artificial intelligence company Pulse9, is one of South Korea's most active virtual humans.
BUSINESS / Tech
Sep 26, 2023

In South Korea, AI-driven virtual humans go mainstream

Digital humans have been created for some of the country's largest conglomerates, with research indicating the tech could be worth $527 billion by 2030.
Blackberries from Pairwise, a company that uses gene-editing technology to create new breeds of plants, in Durham, North Carolina, on Sept. 13. Pairwise hopes to create a seedless blackberry that grows on compact, thorn-free bushes.
ENVIRONMENT / Sustainability
Sep 26, 2023

Meet the climate-defying fruits and vegetables in your future

Breeding new crops that can thrive under these assaults is a long game.
The famous Nike swoosh and Air Jordan logo on an Air Jordan 1, called "Notorious" and released from 1984-85, during a preview for "The Rise of the Sneaker Culture" exhibit at the Brooklyn Museum in New York in 2015.
BUSINESS / Markets
Sep 28, 2023

Air Jordan resale prices tumble, casting shadow over Nike

Sneaker styles that once sold on StockX for $100 or more above Nike's list price are now selling for a premium of less than $10.
The cast of Chelfitsch’s play “The Window of Spaceship ‘In-Between’” includes individuals with different levels of Japanese-language proficiency. They participated in workshops hosted by the theater company to promote more inclusivity in Japanese theater.
CULTURE / Stage
Sep 29, 2023

Chelfitsch challenges Japanese theater's language barriers

The theater company questions the status quo of the Japanese stage by casting non-native speakers in new project, 'The Window of Spaceship "In-Between."'
Honda's new electric vehicle Prologue is displayed in Detroit on Sept. 21.
BUSINESS / Companies
Sep 29, 2023

With help from GM, Honda tries again in U.S. EV market

The carmaker unveiled the brand’s first electric SUV on Thursday, marking a renewed push into fully electric vehicles.
Hong Kong and China Gas, part of billionaire Lee Shau Kee’s business empire, is accelerating an expansion of biofuel firm EcoCeres in foreign markets.
BUSINESS / Companies
Oct 3, 2023

Hong Kong tycoon’s energy empire ramps up green jet fuel push

EcoCeres, one of Asia’s largest producers of green jet fuel, is exploring the possibility of expanding into new markets like the U.S. and the Middle East.
A reporter raises their hand during a Johnny & Associates news conference on Monday. Journalists were limited to a “one question per company” at the event.
JAPAN / Society
Oct 4, 2023

Johnny’s news conference had journalist ‘blacklist,' reports say

Johnny & Associates has said it never made a request that specific journalists be passed over for questions.
People protest outside Myanmar's embassy in Jakarta in February 2021.
ASIA PACIFIC / Politics
Oct 5, 2023

Activists say Indonesian state weapons makers supplying Myanmar

Groups filed a complaint to Indonesia's human rights commission alleging that three state-owned arms makers had been selling equipment to Myanmar.
Then-U.S. President Donald Trump, accompanied by Treasury Secretary Steven Mnuchin, announces a slew of retaliatory measures against China, including sanctions, at a news conference at the White House in May 2020.
COMMENTARY / World
Oct 6, 2023

Protectionism started the geopolitical fire

The protectionism in the post-pandemic economic shutdowns will also impact international relations.
Chey Tae-won in Paris on Monday
BUSINESS / Tech
Oct 11, 2023

SK Group boss blames U.S.-China tensions for EV battery prices

SK Group’s operations range from batteries and chips to chemicals and telecoms.
Booking.com has issued a statement on their website apologizing for “updates to their payment system” that are causing issues for some of their partners, including many hotels in Japan.
JAPAN / Society
Oct 15, 2023

Japanese hotel owners plan to sue Booking.com over payment failure

Hotel owners say that over the past few months, Booking.com has failed to promptly transfer customer payments to hotels.
Road signage near Mai Mahiu, Kenya
BUSINESS / Tech
Oct 16, 2023

Mental trauma: African content moderators push Big Tech on rights

Thousands are hired to scour social media for graphic content, but many allege irregular pay, union-busting and inadequate mental health support.
JERA's coal-fired power plant in Yokosuka, Kanagawa Prefecture, is under construction in 2021.
ENVIRONMENT / Energy / OUR PLANET
Oct 22, 2023

Japan sticks with climate solution that critics say is far from clean

The government hopes to use ammonia on a massive scale to reduce emissions from coal-fired power plants, but environmentalists remain skeptical.
Taiwan Vice President and presidential candidate Lai Ching-te
ASIA PACIFIC / Politics
Oct 24, 2023

Taiwan presidential front-runner assails China's Foxconn probe

The major Apple supplier is facing a tax probe in China, two sources close to the company said Monday, confirming a report in Chinese state-run media.
Cosmo Energy Holdings has said it will call another shareholder vote in December to seek approval for a "poison pill" takeover defense against a group of activist investors.
BUSINESS / Companies
Oct 25, 2023

Cosmo calls another shareholder vote in activist defense

Japan's third-biggest oil refiner said it will not prevent the group a group of activist investors from voting this time.
Much of the focus on Meta stemmed from a whistleblower's release of documents in 2021 that showed the company knew Instagram, which began as a photo-sharing app, was addictive and worsened body image issues for some teen girls.
BUSINESS / Tech
Oct 25, 2023

Lawsuits against Meta in 33 states claim Instagram harms children

Children have long been an appealing demographic for businesses, which hope to attract them as consumers at ages when they may be more impressionable.
Kokusai Electric's technology and manufacturing center in the city of Toyama
BUSINESS / Companies
Oct 25, 2023

Kokusai Electric shares jump 28% in Tokyo debut

The stock closed at ¥2,350, valuing the company at ¥541.5 billion as investors grabbed shares following the IPO.
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Tokyo police care for lost umbrellas, keys and flying squirrels
An employee at the Tokyo Metropolitan Police Department Lost and Found Center in the Iidabashi area of central Tokyo bags, tags and organizes thousands of items.
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
Tokyo’s newest three-star chef wants ‘harmony across every detail’
British-born Daniel Calvert earned his third Michelin star last month — a stunning achievement considering his restaurant, Sezanne, has only been open for just over three years.
133-year-old Kyushu railway station remains to be partially preserved
The remains of the original Moji Station in Kitakyushu
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”

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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