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Japan Times
BUSINESS / Tech
May 5, 2023

Apple stakes future growth on emerging markets, starting with India

For Apple, selling an iPhone in an emerging market represents more than just the sale of one device — it represents the chance to get consumers hooked.
Japan Times
BUSINESS
Apr 28, 2023

Sony casts doubt on PlayStation momentum with cagey outlook

The Tokyo-based firm said it expects operating income of ¥1.17 trillion ($8.7 billion) in the year ending March 2024, below average analyst estimates of ¥1.27 trillion.
Japan Times
BUSINESS
Mar 24, 2023

Singapore push for all-EV future faces a love of crazy, rich combustion

The city-state's bid to stop the purchase of combustion-engine cars from 2030 has bumped up against an entrenched love of supercars and other luxury rides.
Japan Times
BUSINESS
Mar 6, 2023

Shein’s throne challenged by shopping platform Temu

Temu views Shein as its biggest rival in the near-term, and wants to surpass its dominance within the next few years, sources have said.
Japan Times
BUSINESS / Companies
Feb 27, 2023

Nissan speeds up electric transition plans with new targets

The auto manufacturer has committed to electrifying more of its lineup and making battery-powered cars a key driver of future growth.
Japan Times
BUSINESS
Feb 14, 2023

Amazon is taking half of each sale from its merchants

Grappling with slowing sales growth and rising costs, the tech giant is squeezing more money from the nearly 2 million small businesses that sell products on its marketplace.
Japan Times
BUSINESS
Feb 10, 2023

Honda beats estimates with 22% rise in third-quarter operating profit

Still, the automaker faced setbacks in China from the spread of COVID-19 and the chip shortage in the third quarter that extended into January, with some of its dealers temporarily closing.
Japan Times
EDITORIALS
Feb 3, 2023

Technology is forcing drastic change on the auto industry

The auto industry has undergone periods of change, but none as wrenching as the current movement toward EVs and the need for advanced computer technology.
Japan Times
BUSINESS
Jan 30, 2023

Toyota maintains title as world's No. 1 carmaker for third straight year

Group sales, which include those of its subsidiaries Daihatsu and Hino, were mostly flat at 10.5 million units for the year, the company said.
Japan Times
BUSINESS / Markets
Jul 13, 2023

Credit Suisse AT1 fallout embroils more brokerages in Japan

Documents have raised questions over whether information over the risks associated with the product was properly disclosed to investors.
Japan Times
BUSINESS / Tech
Jun 29, 2023

Micron delivers strong forecast in sign that glut is easing

Sales will be as much as $4.1 billion in the fiscal fourth quarter, the company said in a statement. That compares with an average analyst estimate of $3.87 billion.
Residential buildings in the Kachidoki area of Tokyo. The average unit price of newly supplied condominiums in the greater Tokyo area in the first six months of this year reached the highest level for the six-month period due to rising material and labor costs and higher land prices.
BUSINESS
Jul 21, 2023

Tokyo's new condo prices surge 60% to a record in first half of year

The average price of a new apartment in central Tokyo jumped 60% to ¥129.6 million ($930,000) in the January to June period.
A factory of Russian automaker Moskvich, in Moscow on July 13
BUSINESS
Jul 20, 2023

What has become of global carmakers' assets in Russia?

The foreign automakers that dominated Russia's car market left following the invasion of Ukraine, leaving a slumping production and sales in their wake.
Attendees gather in front of a stage at the Capcom booth during the Tokyo Game Show in Chiba in 2018.
BUSINESS / Companies
Jul 26, 2023

Game publisher Capcom sees 1,200% gain over decade

The company’s shares are up by a third this year, outpacing the broader Tokyo market and capping off a remarkable 1,200% surge over the past decade.
A building under construction in Osaka. Singapore investors are snapping up Japanese real estate, particularly in Osaka where a large casino resort is set to open.
BUSINESS / Companies
Jul 27, 2023

Singapore property investors bet on Osaka casino

International property agent FM Investment said it has seen a fivefold increase in inquiries since Japan opened its borders in October.
The towers of Canary Wharf, in London, occupied by several major international banks, seen from Greenwich Park in the city
BUSINESS
Jul 31, 2023

Banks voted to limit accounting of capital market emissions

The plan to keep carbon emissions linked to bond and stock sales out of banks' footprints came after wrangling over the issue delayed new standards.
Simon Humphries, head of design at Toyota, speaks during the world premier of the new Land Cruiser in Tokyo on Wednesday.
BUSINESS
Aug 2, 2023

Toyota’s iconic Land Cruiser returns to North America

The world’s biggest carmaker has unveiled three variations of one of its most enduring models, starting at around $50,000.
An installation for The North Face Moon Parka, which uses a Spiber-produced protein material
ENVIRONMENT / Sustainability / OUR PLANET
Aug 6, 2023

A Japanese startup is using biotech to ‘brew’ greener fashion

Fashion has a huge environmental impact, and Spiber thinks its products can help curb the industry's footprint.
Hiroshi Mikitani, co-chief executive officer of Rakuten Medical, speaks at the American Society of Clinical Oncology's meeting in Yokohama on Thursday.
BUSINESS
Aug 7, 2023

Rakuten’s Mikitani spends a fifth of his time on biotech startup

Rakuten Medical, based in San Diego, employs about 200 people and specializes in a therapy that uses light and immunotherapy drugs to fight cancer.
Softbank's Vision Fund unit swung to a profit of ¥61 billion in the quarter ended June, compared with a ¥2.33 trillion loss for the same period a year ago.
BUSINESS
Aug 8, 2023

Global tech stock rebound lifts SoftBank Vision Fund into profit

The fund logged a ¥61 billion profit in the quarter ended June — its first in over a year — compared with a ¥2.33 trillion loss a year ago.
Some strategists think that foreign investors, who had helped drive one of the world’s biggest rallies so far this year, may pose risks for Japan’s stock market in the second half.
BUSINESS / Markets
Aug 9, 2023

Global funds that drove Topix rally may now threaten Japan gains

A lack of bold policy measures by Prime Minister Fumio Kishida and China's economic slowdown are also seen as curbing the bullish trend.
A year of restraint in investments has helped SoftBank regain its financial footing, accumulating a cash pile of almost ¥6 trillion.
BUSINESS / Companies
Aug 9, 2023

SoftBank begins making investments again but ‘timidly with fear’

A year of restraint in investments has helped SoftBank regain its financial footing, accumulating a cash pile of almost ¥6 trillion.
Seattle Kraken center Alex Wennberg recently spoke out about "vile comments" he and his wife were receiving from fans on social media.
MORE SPORTS
Aug 11, 2023

Tensions build after collision of hockey, TikTok and romance novels

BookTok has brought new fans to hockey, but some wonder if fans are crossing the line with explicit comments.
Chinese national flags fly over Tiananmen Square along with other red flags ahead of the fifth plenary session of the First Session of the 14th National People's Congress (NPC) at the Great Hall of the People in Beijing on March 12.
ASIA PACIFIC
Aug 16, 2023

China is hiding more and more data from the rest of the world

China’s abrupt decision to pause releasing data on its soaring youth jobless rate this week was the latest sign the Asian giant is increasingly restricting sensitive information - especially when it’s unflattering to the nation’s faltering economy.
China Evergrande has sought protection under Chapter 15 of the U.S. bankruptcy code, which shields non-U.S. companies undergoing restructurings from creditors that hope to sue them or tie up assets in the United States.
BUSINESS / Companies
Aug 18, 2023

China Evergrande files for protection in U.S. bankruptcy court

The company sought protection under Chapter 15 of the U.S. bankruptcy code, which shields non-U.S. companies that are undergoing restructuring.
The initial public offering for Arm Holdings is set to be the biggest in the United States this year.
BUSINESS / Markets
Aug 22, 2023

SoftBank’s planned IPO for Arm set to be biggest of 2023

Arm didn’t disclose proposed terms for the share sale in the document, but it’s expected to seek a valuation of $60 billion to $70 billion.
Spanish midfielder Alexia Putellas (left) battles for the ball against English forward Lauren James during in the final of the 2023 FIFA Women's World Cup in Sydney on Sunday. Spain won the match 1-0.
COMMENTARY / World
Aug 22, 2023

FIFA boss should read the pitch on women’s pay

More than 2 billion people are expected to have tuned in. About 2 million attended matches in person. Both records. The FIFA Women’s World Cup generated more than $570 million to break even.
Vendors carry lobster at a seafood market in Shanghai, China, on Friday.
BUSINESS
Aug 25, 2023

Japan fishing industry reels after China’s seafood embargo

The average price of fresh Aomori tuna at the Toyosu market in Tokyo fell 24% on Aug. 25 from the previous day to ¥9,383 per kilogram.
A woman carries food to customers at a Japanese restaurant in Hong Kong on Wednesday.
ASIA PACIFIC
Aug 27, 2023

Hong Kong turns to tycoons to get party scene back on track

The government is urging major property groups to help boost the nighttime economy via drink coupons, free events and later shopping hours.
Members of the Philippines, Japan, South Korea, and U.S. armed forces carry national flags during the opening ceremony of joint military exercises in Taguig, Philippines, in October 2022.
COMMENTARY / Japan / Geoeconomic Briefing
Aug 27, 2023

How Japan can make the most of its latest diplomatic tool

Japan recently decided to establish a policy of Official Security Assistance. But how can it ensure its success?

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Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Japan’s sauna movement: Relax, refresh, repeat