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November 22, 2024
 

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JAPAN
Oct 10, 2003

Prostitute buying not systematic, company says

An Osaka-based construction firm again denied it had been involved in any systematic procurement of prostitutes during a recent employee trip to China, Senior Vice Foreign Minister Ichiro Aizawa said Thursday.
BUSINESS
Nov 6, 2002

Itochu to help frozen-food company

Yukijirushi Access Inc., a frozen-food distributor operating within the Snow Brand Milk Products Co. group, said Tuesday it will take on two Itochu Corp. officials as directors.
BUSINESS
Jun 27, 2002

Second transport company opts out of mail service

A second transportation company made it known Wednesday that onerous conditions attached to a postal deregulation bill will keep it from entering the mail delivery business.
BUSINESS
May 22, 2002

Famed Kawana Hotel goes bust

The Tokyo-based firm that runs the Kawana Hotel, an internationally known resort in Izu, Shizuoka Prefecture, filed for court protection Tuesday with the aim of rehabilitating itself under different ownership, hotel officials said.
BUSINESS
Jan 16, 2002

UFJ Bank makes shaky debut

UFJ Holdings Inc. decided Tuesday to dip into its reserves to the tune of 1 trillion yen to make dividend payments, indicating that the group's new bank, which officially began operations the same day, is already desperately low on capital.
MORE SPORTS
Jan 22, 2001

Kobe defends company rugby league title

Kobe Steel clinched the National Company Rugby Union Championship for the second consecutive year and ninth time overall after beating Toyota Motor 29-26 on Sunday at Tokyo's Chichibunomiya Stadium.
SOCCER / J. League
Aug 10, 2000

Sanfrecce Hiroshima, Thomson to part company

J. League club Sanfrecce Hiroshima and manager Eddie Thomson have agreed to part company at the end of this season.
JAPAN
Jul 19, 2000

Heo denies swindling petrol company

Heo Young Joong, a real estate developer suspected of causing financial damage to defunct trading house Itoman Corp., pleaded not guilty Tuesday to charges that he swindled a petroleum goods seller out of 18 billion yen in promissory notes.
JAPAN
Apr 30, 1997

Two die in company dormitory fire

OSAKA -- Two people were killed early April 30 in a fire that destroyed a wooden dormitory for employees of a construction company in Toyonaka, Osaka Prefecture.
Japan Times
BUSINESS / Companies
Jun 8, 2023

Sequoia’s split sends warning to every company doing U.S.-China business

While the dramatic separation may insulate Sequoia from pending regulation, it’s a signal that ties to China are a growing liability in Silicon Valley.
Japan Times
BUSINESS
May 22, 2023

Toyota wants to make more than just EVs — and has plenty of company

The harmony of Japan’s car lobby stands in stark contrast to its European counterpart, which lost several members last year that didn’t see eye to eye.
Japan Times
COMMENTARY / World
May 15, 2023

Henry Ford and the lesson crypto enthusiasts must learn

As with automakers at the turn of the last century, the more promising investment approach to digital assets now is to think about what technologies will be needed if the sector takes off.
Japan Times
BUSINESS / Companies
Mar 23, 2023

Japan's JERA to buy Belgium's top offshore wind company for $1.7 billion

JERA will add Parkwind's four offshore wind farms in Belgium and a new wind farm being built in Germany to its renewable portfolio through the deal.
A mockup of a Northvolt battery at a factory in Skelleftea, northern Sweden. Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a company struggling to stay afloat.
BUSINESS / Companies
Nov 22, 2024

Northvolt files for bankruptcy in blow to Europe's EV ambitions

The firm said it has only enough cash to support operations for about a week.
Nissan CEO Makoto Uchida
BUSINESS / Companies
Nov 22, 2024

Nissan’s overly ambitious goals fuel investor, supplier distrust

Nissan’s latest outlook downgrade has shined a light on the Japanese carmaker’s tendency to overpromise and underdeliver.
A push by U.S. antitrust regulators to force the sale of the Google Chrome browser to limit Alphabet's search dominance is likely to run into legal hurdles.
BUSINESS / Tech / ANALYSIS
Nov 22, 2024

Legal hurdles ahead for Google's forced sale of Chrome

The proposed remedies have been described as extreme, while a forced sale would not address several issues raised in the DOJ lawsuit, critics say.
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.
A portion of a Microsoft data center that supports the Pentagon, and is next door to a bitcoin mine operated by Chinese-owned Bit Origin, in Cheyenne, Wyoming, on Sept. 29. Aside from the intelligence-gathering concerns over Chinese bitcoin mines in the U.S., the energy sucking facilities can also put immense pressure on power grids.
WORLD
Oct 14, 2023

Across U.S., Chinese bitcoin mines draw national security scrutiny

Microsoft reported one site in because of its proximity to a nuclear missile base. Other cryptocurrency facilities have ties to the Chinese state.
Starbucks workers hold a rally in New York City in 2022.
BUSINESS / Companies
Feb 29, 2024

Starbucks' pivot on union may shape labor relations beyond its stores

The iconic coffee chain has been locked in a bitter, high-profile and multifront battle with the union across the U.S. since its first win in 2021.
The NewsBreak company logo adorns a sign at a corporate office building in Mountain View, California, on April 26
WORLD
Jun 6, 2024

Top news app in U.S. has Chinese origins and ‘writes fiction’ with AI

NewsBreak launched in the U.S. in 2015 as a subsidiary of Yidian, a Chinese news aggregation app.
More than 30 samples of drugs made by Synokem, including generic abortion pills, have failed quality tests conducted by Indian regulators and public health researchers since 2018.
BUSINESS
Aug 3, 2023

Global abortion pill provider buys from maker with poor quality record

More than 30 samples of drugs made by Delhi-based Synokem Pharmaceuticals have failed quality tests conducted by Indian regulators.
A WeWork co-working office space in San Francisco on Wednesday. WeWork has said there's 'substantial doubt' about its ability to continue operating, citing sustained losses and canceled memberships to its office spaces.
BUSINESS / Companies
Aug 10, 2023

WeWork’s ‘substantial doubt’ about its future marks a stunning fall

The New York-based company is bleeding cash, and customers of its office rentals are canceling their memberships in droves.
Women work in a warehouse in on the outskirts of Chennai, India.
ASIA PACIFIC / Society
Sep 5, 2023

India's women gig workers organize with WhatsApp and secret meetings

Once seen as promising greater autonomy and higher earnings for women in India, the system is now riddled with issues.
Rachel Culin, a disenchanted Toyota owner, standing between her Toyota Prius and new Chevy Bolt at her home in Mesa, Arizona. The world’s largest carmaker dominates the sales of hybrid cars but has been slow to sell all-electric vehicles, alienating some customers and hurting sales.
BUSINESS / Companies
Sep 8, 2023

Toyota, a hybrid pioneer, struggles to master electric vehicles

The world’s largest carmaker dominates the sales of hybrid cars but has been slow to sell EVs, alienating some customers and hurting sales.
Masimo's headquarters in Irvine, California. The U.S. International Trade Commission ruled earlier this year that the Apple Watch violates two Masimo patents related to blood-oxygen sensing and imposed an import ban on the Ultra 2 and Series 9 models.
BUSINESS / Companies
Dec 28, 2023

The email to Tim Cook that set the Apple watch saga in motion

Masimo, based in Irvine, California, is the rare company to wound Apple in a patent dispute.
An employee looks at data on screens in the high-tech command center at the Novartis AG campus in Basel, Switzerland.
BUSINESS / Companies
Jan 10, 2024

Swiss pharma firms plot different paths to blockbuster drugs

Roche has doubled down on Alzheimer’s and boosted research and development spending across its portfolio.
Meta CEO Mark Zuckerbeg. In October, more than 30 states sued Meta, alleging its social media apps were feeding harmful content to youth.
BUSINESS / Tech
Jan 31, 2024

Social media CEOs brace for child safety scrutiny: Here's what to expect

Evidence suggests that excessive use of social media and harmful content may damage mental health.
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.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
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.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
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.

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

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SWCC keeps changing with keyword ‘new challenges’

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