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November 25, 2024
 

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Men inspect an electric car at a showroom in Riyadh in June. Although the EV market in Saudi Arabia remains small compared with the United States and China, it tripled last year to nearly 800 cars.
BUSINESS / Tech
Jul 25, 2024

EV adoption gathers steam in fossil fuel-rich Saudi Arabia

The kingdom's EV market tripled last year to nearly 800 cars, according to Saudi business news outlet Al-Iqtisadiyah.
Workers install a battery for an electric vehicle at a Mitsubishi factory in Kurashiki, Okayama Prefecture, in May 2022.
BUSINESS / Companies
Jul 28, 2024

Mitsubishi Motors to join Honda-Nissan alliance, Nikkei reports

The push comes as Nissan, Japan's third-largest automaker, has been steadily losing market share in its two biggest markets: the United States and China.
A Samsung HBM chip
WORLD / Politics
Aug 1, 2024

U.S. weighs restrictions on China’s access to AI memory chips

The new restrictions are likely to be unveiled as soon as late August as part of a broader package that also includes sanctions against over 120 Chinese firms.
Toyota's hybrids are selling well in North America, making up for sluggish demand for its vehicles in Japan and China.
BUSINESS / Companies
Aug 1, 2024

Toyota quarterly profit rises 17% on year as weak yen drives U.S. demand

Despite ongoing turmoil from a government probe that found issues with vehicle certifications, analysts still project the carmaker will post a record profit this year.
Nissan CEO Makoto Uchida (left) and Honda CEO Toshihiro Mibe hold a joint news conference in Tokyo on Thursday.
BUSINESS / Companies
Aug 1, 2024

Honda and Nissan to tighten ties on software, batteries and EV knowhow

Honda and Nissan sales fell about 40% and 27%, respectively, in June alone in China following the shutdown of some of their local plants.
Founded in the early 2000s, Ichiro's Malt has since become a third pole in Japan's whisky world dominated by beverage giants.
LIFE / Food & Drink
Aug 4, 2024

In sleepy Chichibu, Japan's whisky landscape is quietly shifting

Ichiro’s signature flavor profile of rich, woodsy flavors complemented by a clear fruitiness owes in large part to the tempermental 'mizunara' Japanese oak.
Formula E cars race during the Portland E-Prix in Oregon in June.
MORE SPORTS / Auto Racing
Aug 1, 2024

From race to road: Is Formula E fueling the future of green transport?

Formula E has helped hasten the development of technology for electric vehicles, making them easier to sell to consumers, but hurdles for EVs remain.
Nissan CEO Makoto Uchida (left) and Honda CEO Toshihiro Mibe hold a joint news conference in Tokyo last week.
BUSINESS / Companies
Aug 6, 2024

Separate software efforts by Japan's carmakers may jeopardize success

The government has set a goal of having Japanese companies account for 30% of the software-defined vehicle market worldwide by 2030.
The NVIDIA logo in Los Angeles on July 31, 2017
BUSINESS / Tech
Aug 7, 2024

Samsung's HBM3E chips clear Nvidia's tests for use, sources say

HBM3E chips are likely to become the mainstream HBM product in the market this year.
A Deadpool cosplayer walks outside the convention center during Comic Con International in San Diego, California, on July 26.
CULTURE / Entertainment news
Aug 8, 2024

Box-office hero Deadpool could set record at comic-book auction

Cover artwork featuring Deadpool's first appearance in the comics went on sale at Heritage Auctions with an asking price of $7.5 million.
A fan poses for photos next to a poster of trot singer Lim Young-woong before attending his concert in Seoul in May.
CULTURE / Music
Aug 9, 2024

Trotting ahead of K-pop? South Korean crooner Lim Young-woong rivals BTS

The traditional South Korean music genre of trot includes elements of jazz, swing and enka.
U.S. President Donald Trump and SpaceX and Tesla CEO Elon Musk in Cape Canaveral, Florida, on May 30, 2020
BUSINESS / Companies
Aug 13, 2024

Musk scorns subsidies, but Tesla still lobbies for U.S. benefits

Despite Musk's gradual embrace of Trump, the company continues to lobby the U.S. and state governments for benefits championed by the Democratic Party.
People walk along Takeshita street at Harajuku shopping area in Tokyo
BUSINESS / Economy
Aug 15, 2024

Japan's economy rebounds strongly on consumption boost, backing case for more rate hikes

The Bank of Japan had forecast that a solid economic recovery will help inflation hit its 2% target and justify raising interest rates further.
Chiefs tight end Travis Kelce celebrates with his girlfriend, Taylor Swift, after Kansas City won the Super Bowl on Feb. 11 in Las Vegas.
MORE SPORTS
Aug 15, 2024

Taylor Swift spurred 30% boost in Chiefs’ fan base, CEO says

Swift became a fixture at Chiefs games last year after she began dating Travis Kelce, a tight end on the team.
A tug boat assists a container ship to its berth in Long Beach, California, on June 17.
BUSINESS / Economy
Aug 19, 2024

Busiest U.S. ports absorb import surge nearing pandemic-era frenzy

The ports of Los Angeles and Long Beach, which account for roughly a third of all U.S. container imports, had their third-strongest month ever in July.
A recruiter holding a placard advertising jobs talks to young men at an unofficial job market in the suburbs of Beijing.
BUSINESS / Economy / FOCUS
Aug 21, 2024

China's rising youth unemployment breeds new working class

Millions of graduates are being pushed into a tough bargain, with some forced to accept low-paying work or even subsist on their parents' pensions.
A Mitsubishi Electric employee prepares a robotic arm for a demonstration of the firm's artificial intelligence technologies.
BUSINESS / Companies
Aug 23, 2024

Mitsubishi Electric fights to keep up with AI data center demand

The Tokyo-based maker of factory automation is a key supplier of optic fiber communication devices that link servers to one another.
Seafood for sale at a market in Zhoushan, China. Beijng's import ban has fueled an aversion to seafood in general, creating a situation it hadn't anticipated.
BUSINESS
Aug 24, 2024

China keeps door firmly closed to Japanese seafood imports

Despite assurances of safety, Beijing continues to call water released from the crippled Fukushima plant "nuclear-contaminated water."
Prime Minister Fumio Kishida, alongside Fukushima fisheries cooperative chief Tetsu Nozaki (far right), inspects fish caught off Fukushima Prefecture during a visit to Iwaki on Saturday.
JAPAN / Politics
Aug 24, 2024

Japan to compile additional measures to support fisheries industry

The additional measures will be put in place to help fishery operators hurt by China's blanket ban on imports of Japanese marine products.
Tepco employees serve scallops at an event in Tokyo last month.
BUSINESS
Aug 25, 2024

Japan scallop exports shifting away from China dependence

The efforts led to increases in scallop exports to the United States and other markets, highlighting the scallop supply chain's shift away from China.
NFL Commissioner Roger Goodell at a news conference in January 2020
MORE SPORTS / Football
Aug 28, 2024

NFL allows private equity firms to invest in teams

The owners of the National Football League have decided to allow some private equity firms to buy up to a 10% stake in a team, the NFL said on Tuesday.
Traders work in the S&P options pit at the Cboe Global Markets exchange in Chicago, Illinois, on Wednesday.
BUSINESS / Tech
Aug 29, 2024

Nvidia fails to impress growth-hungry investors as shares fall

Nvidia shares fell 6% in after-hours trading, weighing on shares of other chipmakers.
An electric stock board displays the rate of the yen against the U.S. dollar at the Tokyo Stock Exchange in early August.
BUSINESS / Markets
Aug 31, 2024

Yen’s rapid advance pressures earnings once thought easy to beat

With stronger signals coming from the Bank of Japan and Federal Reserve, the yen has gained 3.5% against the dollar since the end of July.
Daikin's air conditioners for sale at a home appliances store in Mumbai
BUSINESS / Companies
Sep 3, 2024

Daikin, world’s No. 1 air-conditioner maker, to expand capacity in India

The Japanese company has signed a memorandum of understanding to acquire an additional 13.4 hectares to build a new plant near its current factory in southern India.
Shuzo Fukushi, who heads Rice Meister Kojimachi in Tokyo, shows a bag of Calrose mixed with domestic rice at his store on Thursday.
JAPAN / Society
Sep 6, 2024

Demand for Calrose rice rises amid Japanese rice shortage

The California rice is a medium-grain variety cheaper than the Japanese short-grain cultivar, but with a similar taste.
A barista fills a customer’s order at a Starbucks in Odessa, Texas. Starbucks has more than 16,000 locations in the United States, including this one in Odessa.
BUSINESS
Sep 10, 2024

A funnel cake macchiato anyone? The coffee wars are heating up.

From the giant Starbucks to small coffee shops, the battle is on for who can come up with the craziest, calorie-laden, not-really-coffee drink.
Hong Kong’s property tycoons are eagerly awaiting interest rate cuts by the Federal Reserve due to their struggles with slow home sales, vacant office buildings and tenants pushing for lease renegotiations.
COMMENTARY / World
Sep 12, 2024

The Fed is making Hong Kong's billionaire landlords anxious

Many Hong Kong property companies have significant amounts of debt at floating interest rates tied to Hibor, which tracks the Fed's rate changes.
Aeon is selling an assortment of 'osechi' (traditional New Year's cuisine) curated with the support of artificial intelligence.
LIFE / Food & Drink
Sep 13, 2024

AI fried chicken, retro chic collabs: Retailers rebrand Japan's New Year's cuisine

Major department stores and supermarkets are trying unorthodox methods to entice younger generations to buy traditional New Year's dishes in Japan.
The BMW logo. It took the German automaker more than two years to discover the extent of a braking system fault that is expected to cost the carmaker nearly €1 billion ($1.1 billion) to fix.
BUSINESS / Companies
Sep 16, 2024

BMW took two years to find extent of defect behind recall

The braking system fault is expected to cost the carmaker nearly €1 billion ($1.1 billion) to fix.
A group of older women performs during a midautumn festival at a mall in Jinan, in eastern China, on Sept. 6. China’s shrinking population poses threats to growth but has opened opportunities for businesses that serve older adults.
ASIA PACIFIC / Society
Sep 18, 2024

China’s ‘silver economy’ is thriving as birthrate plunges

Births in China fell to 9 million in 2023, down about 6% from the previous year, with the number of preschool children plummeting nearly 12%.
Taiwan stuns Samurai Japan to capture Premier12 title
Japan starter Shosei Togo reacts after allowing a three-run home run against Taiwan in the fifth inning of the Premier12 final on Sunday.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
Japan beats Taiwan ahead of rematch in Premier12 final
Keita Sano celebrates with his teammates after scoring on Kotaro Kiyomiya's two-run triple against Taiwan during their Premier12 game at Tokyo Dome on Saturday.
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.
'Kohaku' still matters for J-pop bragging rights
Emerging Gen Z J-pop group ME:I will perform on this year's "Kohaku Uta Gassen," national broadcaster NHK’s New Year's Eve spectacle.
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

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
By Greg Dvorak

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The celebrated artist ‘updating’ the kimono
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