Search - sales

 
 
The U.S. is expanding import restrictions for Nvidia AI chips to include some countries in the Middle East, the firm has said.
WORLD / Politics
Aug 31, 2023

U.S. curbs AI chip exports from Nvidia to parts of Middle East

A similar move announced last year signaled an escalation of the U.S. crackdown on China's technological capabilities.
Prime Minister Fumio Kishida (center) visits a seafood wholesaler at Tokyo's Toyosu fish market on Thursday.
JAPAN / Politics
Aug 31, 2023

Japan announces new fishing industry aid after China ban

The new aid follows a ¥30 billion fund aimed at countering reputational damage. Another ¥50 billion had been earmarked to support the fishing industry.
The price for regular gasoline is ¥192 per liter at a gas station in the city of Nagano on Monday.
BUSINESS / Economy / ANALYSIS
Sep 1, 2023

Extended gasoline subsidy risks harming Japan's net-zero efforts

The politically tricky decision on ending the program could hamper the shift to EVs and efforts to reach climate change goals.
South Korean President Yoon Suk-yeol (left), U.S. President Joe Biden (center) and Prime Minister Fumio Kishida hold a joint news conference following a trilateral summit at Camp David near Thurmont, Maryland, on Aug. 18.
BUSINESS
Sep 4, 2023

South Korea kicks off historic 'samurai bond' sale in Japan

The historic debt offering comes as part of broad-based improvement in ties between Seoul and Tokyo.
Employees work on the assembly line at an electric vehicle plant in Shanghai. Cutting salaries is illegal in China, but complex pay structures offer loopholes.
BUSINESS / Companies
Sep 5, 2023

China's auto workers bear brunt of price war as fallout widens

Cutting salaries is illegal in China, but complex pay structures offer ways around this.
Prime Minister Fumio Kishida speaks to reporters on Monday evening at the Prime Minister's Office.
JAPAN / Politics
Sep 5, 2023

Japan OKs additional fisheries aid and ups pressure on China

Support for the industry now tops ¥100 billion, as the government struggles to soothe fears over contaminated water at home and abroad.
The Birkenstock logo in Paris
BUSINESS / Companies
Sep 13, 2023

Birkenstock files for IPO in further boost to U.S. market

The company will disclose the proposed terms of the share sale in a later filing with the U.S. Securities and Exchange Commission.
The incoming and outgoing presidents of Johnny & Associates, Noriyuki Higashiyama and Julie Keiko Fujishima, bow at a press conference on Sept. 7.
PODCAST / deep dive
Sep 14, 2023

Johnny’s talent agency has admitted to a past of abuse. What next?

Karin Kaneko joins the show to update us on how the story is unfolding.
Robots carry items around Amazon Japan's logistics base in Chiba.
BUSINESS / Tech
Sep 17, 2023

Logistics robots coming into wider use in Japan

Companies are looking to logistics robots in response to the popularity of e-commerce, as well as present and potential labor shortages.
The U.S. Federal Reserve building in Washington
BUSINESS / Economy
Sep 19, 2023

A strike, a shutdown and student loans may cool spending for Fed

Some economists say the resumption of student loan repayments for tens of millions of borrowers may already be reshaping behavior.
BYD's Dolphin electric car during a test drive in Yokohama
BUSINESS / Companies
Sep 20, 2023

BYD takes aim at Japan's EV market with new Dolphin hatchback

The base model Dolphin starts from ¥3.63 million and is equipped with a 70 kilowatt hour battery that offers 400 kilometers of range.
A liquefied natural gas tanker is tugged toward a thermal power station in Futtsu, Chiba Prefecture, in November 2017
BUSINESS
Sep 20, 2023

Japan’s dwindling LNG inventories could prompt new purchases

Storage held by Japan’s power suppliers fell to 1.62 million tons as of Sept. 17, according to data compiled by the trade ministry.
Sogo & Seibu’s flagship store in Ikebukuro is closed due to a strike on Aug. 31. 
COMMENTARY / Japan
Sep 19, 2023

As goes the Sogo department store, so goes Japan

The number of department stores located outside Japan's 10 biggest cities has dropped by 30% in the past decade.
Players compete against one another during the Just Dance event at the Olympic Esports Week in Singapore in June.
MORE SPORTS / FOCUS
Sep 24, 2023

China hosts esports’ biggest moment with Tencent at the wheel

The once-in-four-years Asian Games, effectively a regional Olympics, is the first time that competitive video games will be eligible for medals.
Lina Khan, chair of the U.S. Federal Trade Commission (FTC), speaks during an interview in Washington on Tuesday. The FTC has sued Amazon.com, accusing the e-commerce giant of monopolizing online marketplace services by degrading quality for shoppers and overcharging sellers.
BUSINESS / Companies
Sep 27, 2023

U.S. trade watchdog sues Amazon.com in landmark antitrust case

The U.S. Federal Trade Commission and 17 states accuse the e-commerce giant of excluding rivals in online marketplace services and stifling competition.
Core inflation in Tokyo slowed in September for the third straight month, mainly on falling fuel costs, but there are concerns the weak yen may push up import costs and the price of basic goods.
BUSINESS
Sep 29, 2023

Tokyo inflation slows on subsidies, supporting BOJ policy stance

BOJ Gov. Kazuo Ueda re-emphasized this week that the goal of achieving 2% inflation accompanied by wage gains had not yet come into sight.
A farmer at his cocoa farm in Gabeadji near San Pedro, Cote d'Ivoire, in January
BUSINESS / Markets
Oct 1, 2023

Chocolate could get even pricier if Africa’s cocoa crop flops

Cocoa prices have soared on fears that bad weather and crop disease will hurt output in Cote d'Ivoire and Ghana, which make up two-thirds of world supply.
A shopper browses among winter coats at a department store in Mississauga, Ontario, Canada.
BUSINESS / Companies
Oct 2, 2023

Winter clothes pile up as warm weather threatens holiday shopping

With temperatures expected to start off warm, stores carrying winter clothes could find themselves loaded with inventory at the end of the season.
Dendrobium orchids — highly sought after due to their use in traditional Chinese medicine — growing in the wild in Nepal.
ENVIRONMENT / Sustainability / OUR PLANET
Oct 8, 2023

The orchid obsession: How science and smuggling meet in a global trade

Love of the flowers has a dark side, with the desire for rare varieties underpinning a robust illegal trade believed to have wiped out entire species.
A Matsumotokiyoshi drugstore in Tokyo. Matsumotokiyoshi Holdings and Cocokara Fine integrated their operations in 2021.
BUSINESS / Companies / FOCUS
Oct 10, 2023

Japanese drugstores under pressure for realignment

One analyst has described realignment in the drugstore sector as "a natural course of development."
Whistleblower reports on Bigmotor's fraudulent activities prompted Sompo Japan and two other major nonlife insurers to suspend customer referrals to Bigmotor in June last year, but Sompo Japan soon resumed the referrals.
BUSINESS
Oct 11, 2023

Panel raps Sompo Japan's resumption of business with Bigmotor

The report said the resumption of business was caused by concerns among Sompo Japan execs about possibly losing deals with Bigmotor to rivals.
Toyota Motor and Idemitsu Kosan are teaming up to develop and mass-produce all-solid-state batteries for electric vehicles, the companies said on Thursday.
BUSINESS / Companies
Oct 12, 2023

Toyota and Idemitsu to mass-produce all-solid-state batteries

Idemitsu and Toyota said in a statement they would aim to commercialize the next-generation batteries in 2027-28, followed by full-scale mass production.
There are expectations that Japan’s life insurers may increase purchases of Japanese government bonds as yields rise at home along with signs that the central bank is edging toward a normalization of monetary policy.
BUSINESS / Markets
Oct 13, 2023

Japan’s rising yields and yen hedging costs drive insurers to JGBs

Japanese government bonds are drawing interest amid signs that the central bank is edging toward a normalization of monetary policy.
The Bank of Japan headquarters in Tokyo. Nearly 40% of respondents of the latest Bloomberg Markets Live Pulse survey said Treasurys will face the most severe impact from the BOJ shifting away from superaccommodative policy.
BUSINESS
Oct 23, 2023

When Japan ends negative rate policy, Treasurys will suffer

The Bank of Japan is likely to unwind its unusual policy of subzero rates during the first half of 2024.
EF Polymer CEO Narayan Lal Gurjar (right) and COO Kunihiro Shimoji at the company in Onna, Okinawa Prefecture, in August
JAPAN / Society / Regional Voices: Okinawa
Oct 30, 2023

Organic polymer brings water to drought-hit farmlands

The India-born, Okinawa-nurtured product seeks to replace petroleum-derived polymers to promote sustainability.
The simplest option for many Japanese industries facing labor shortages might be to do what the taxi sector is doing — keep people in the workforce longer.
COMMENTARY / Japan
Oct 26, 2023

Octogenarian taxi drivers to the labor-crunch rescue

An option for many Japanese industries facing labor shortages might be to do what the taxi sector is doing — keep people in the workforce longer.
Iranian Supreme Leader Ayatollah Ali Khamenei  speaks before an audience in Tehran on Wednesday.
WORLD / Politics
Oct 28, 2023

U.S. airstrikes send twin messages to Iran, American officials say

The airstrikes were the latest gamble by the United States to modify Iran’s behavior, few of which have worked in the past.
Japan's industrial output increased a smaller-than-expected 0.2% in September.
BUSINESS / Economy
Oct 31, 2023

Japan's September industrial production growth misses consensus

Factory output increased 0.2% from a month earlier, missing economist expectations of a 2.5% gain.
A crowded crossing near Shibuya Station in Tokyo on Tuesday
JAPAN / Society
Nov 1, 2023

Shibuya Halloween passes without fuss following ‘don’t come’ message

Shibuya's mayor has expressed satisfaction with the reduction in crowds and public drinking this year.
The front page of The Japan Times from Nov. 13, 1948, heralds the verdicts given to Japan's war criminals.
JAPAN / History / Japan Times Gone By
Nov 3, 2023

Japan Times 1948: Tojo and 6 others are sentenced to hang

As sentences are handed down in 1948, two other eras deal with fallout from an earthquake and an oil shock.

Longform

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