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A smartphone running ChatGPT4o as it tries to solve a geometry problem in San Francisco on May 28.
BUSINESS / Tech
Sep 20, 2024

OpenAI unveils new ChatGPT that can reason through math and science

The new technology is part of a wider effort to build AI that can reason through complex tasks.
OpenAI announced a new reasoning model on Thursday that it said was capable of surpassing human experts in a number of technical benchmarks for the first time. The new model received the company's first "medium" rating on bioweapon risk.
WORLD / Politics
Sep 20, 2024

Battle rages over U.S.' first binding AI safety bill in California

The legislation has exposed a deep divide across the tech industry and the political establishment, upending the usual coalitions.
The Bank of Japan headquarters in Tokyo. Analysts polled ahead of Friday were in agreement that the BOJ would choose not to make any rate adjustments.
BUSINESS / Economy
Sep 20, 2024

Bank of Japan leaves rates unchanged as Ueda signals pause

The central bank on Friday kept the uncollateralized overnight call rate steady at 0.25% following a two-day meeting of its Policy Board.
The Fair Trade Commission says rules preventing pro baseball players from freely choosing their agents for contract negotiations could violate the antimonopoly law.
BUSINESS / Companies
Sep 20, 2024

Japan FTC warns pro baseball body over agent rules

The body's rules have limited agents for players to lawyers and prohibited players from choosing lawyers who had already been picked by other players.
Rice in a field in Tambasasayama, Hyogo Prefecture in August. Rice prices jumped 28.3%, posting the largest increase since September 1975.
BUSINESS
Sep 20, 2024

Japan core consumer prices up 2.8% in August

Rice prices shot up 28.3%, electricity rates soared 26.2% and city gas rates 15.1%, following an end of government subsidies.
A man holds a new iPhone 16 at an Apple store in Tokyo's Shibuya Ward on Friday.
BUSINESS / Companies
Sep 20, 2024

Apple's iPhone 16 released in Japan

The Japanese version of Apple Intelligence will be launched next year.
Toyota Gazoo Racing fans cheer on the team at the start of the 6 Hours of Fuji race on Sunday at Fuji Speedway in Oyama, Shizuoka Prefecture.
MORE SPORTS / Auto Racing
Sep 20, 2024

For Toyota and its rivals, WEC becomes important arena amid major industry shift

Carmakers' involvement in endurance racing has taken on a new level of importance as the auto industry faces a once-a-generation sea change.
Tokyo Metro will aim to raise $2.25 billion — making it the largest IPO in Japan for six years.
BUSINESS / Companies
Sep 20, 2024

Tokyo Metro and Rigaku set stage for $3 billion Japan IPOs as listings gather pace

Tokyo Metro's indicative price of ¥1,100 per share would raise ¥319.55 billion ($2.25 billion), giving the company a market value of ¥639.1 billion.
Birds rest on the banks of the Susquehanna River near the Three Mile Island nuclear plant south of Middletown, Pennsylvania, in March 2019.
BUSINESS / Tech
Sep 21, 2024

Microsoft AI needs so much power it's tapping site of U.S. nuclear meltdown

The decision is the latest sign of surging interest in the nuclear industry as power demand for AI soars.
A train on JR East's Chuo Line in Tokyo
BUSINESS
Sep 21, 2024

JR East failed to disclose data tampering for seven years

The misconduct occurred in a rail yard of JR East in Tokyo's Shinagawa Ward and was detected in March 2017.
Many of today’s cars — both gas and electric — are equipped with devices connecting them to the internet or cloud services, making them potential targets for hacking.
BUSINESS
Sep 22, 2024

Biden administration to prepare ban on Chinese car software

The U.S. Commerce Department has been meeting with industry experts as it looks to address security concerns raised by a new generation of so-called smart cars.
Lebanese soldiers and civilians inspect the site of an Israeli strike in the southern suburbs of Beirut on Friday.
COMMENTARY / World
Sep 22, 2024

Israel’s plans for Hezbollah are becoming clearer

No ground invasion is imminent; instead, the aim appears to be to degrade Hezbollah to the point where it’s incapable of continuing the rocket and missile attacks.
A semiconductor wafer at the Taiwan Semiconductor Manufacturing Co. (TSMC) Museum of Innovation in Hsinchu, Taiwan, in 2022
BUSINESS / Tech
Sep 23, 2024

TSMC and Samsung weigh adding chip factories in UAE, WSJ says

Projects of the scale under consideration could cost more than $100 billion to complete and may not come to fruition, the paper reported.
U.S. President Joe Biden and Ukrainian leader Volodymyr Zelenskyy during the launching of the Ukraine Compact at the 2024 NATO Summit in Washington in July
WORLD / Politics
Sep 23, 2024

U.S. worries deepen as adversaries team up to challenge dominance

The moves by Russia, China, Iran and North Korea come despite facing some of the most sweeping sanctions the West has ever imposed.
Brazilian president Luiz Inacio Lula da Silva wants to ensure the developing world isn't left out of the global AI debate.
WORLD / Politics
Sep 23, 2024

Lula seeks to lead push for global AI rules during Brazil’s G20

Lula aims to use November's G20 summit to push for a Global South-focused AI governance framework and pressure China and the U.S. to engage.
Intel has been working on an expensive plan to remake itself and bring in new products, technology and outside customers under Chief Executive Officer Pat Gelsinger.
BUSINESS / Tech
Sep 23, 2024

Apollo to offer multibillion-dollar investment in Intel

The development comes as San Diego-based Qualcomm floats a friendly takeover of Intel, raising the prospect of one of the biggest-ever M&A deals.
Feeling overshadowed by U.S. elections, North Korean leader Kim Jong Un might conduct a nuclear test, fire missiles, annul the Korean War armistice or demand territorial concessions.
COMMENTARY
Sep 23, 2024

Kim Jong Un will have his October surprise

Feeling overshadowed by U.S. elections, Kim Jong Un might conduct a nuclear test, fire missiles, annul the Korean War armistice or demand territorial concessions.
The top three U.S. money managers — State Street, Vanguard, and BlackRock — have dramatically reduced support for environmental and social proposals.
BUSINESS / Markets
Sep 23, 2024

Big three money managers cut support for climate proposals

Total shareholder support for environmental and social resolutions fell to about 19% during the latest proxy season from roughly 22% in the year-earlier period.
The powertrain of a Mercedes-Benz EQS 450 4Matic SUV. A Mercedes-Benz electric vehicle burst into flames in the South Korean city of Incheon in July, fueling public fear over the safety of battery-powered cars in recent months.
BUSINESS / Companies
Sep 23, 2024

A Mercedes-Benz fire could cloud South Korea’s EV shift, or give it a boost

Seoul's push for battery-supplier transparency and parking lot safety could pave the way for a more resilient environment for EVs in the future.
Actor Zhu Jian, 69, rehearses with other actors on the set of a micro movie during a filming session at a banquet hall in Zhengzhou, Henan province, China, on July 16.
BUSINESS
Sep 23, 2024

Micro dramas shake up China's film industry, aim for Hollywood

The leader in the micro drama space is Kuaishou, an app that accounted for 60% of the top 50 Chinese micro dramas last year.
Manchester City's Rodri reacts after sustaining an injury during a match against Arsenal on Sunday.
SOCCER
Sep 24, 2024

Man City's Rodri 'out for season' after ACL injury

The 28-year-old limped off during City's 2-2 draw against Arsenal in the Premier League after going down holding his right knee.
Elderly people rest at a park in Beijing on May 22.
BUSINESS
Sep 24, 2024

China's retirement reforms not enough to fix pension headache

Lawmakers fast-tracked the policy without public consultation in September
Caption TK
JAPAN / Society / Regional Voices: Hokkaido
Sep 23, 2024

Hokkaido seeks to grow market for scallops in the U.S. — and beyond

China's refusal to budge from its ban on Japanese seafood forces local officials to look elsewhere.
The government has been encouraging people to shift some of the roughly ¥1 quadrillion held in bank accounts to the stock market, but leading candidates to be the next prime minister have avoided investing in stocks.
BUSINESS
Sep 24, 2024

LDP presidential candidates avoid investing in Japanese stocks

Two of the top candidates, Shinjiro Koizumi and Sanae Takaichi, report owning no shares.
Telegram CEO Pavel Durov
BUSINESS / Tech
Sep 24, 2024

Telegram CEO Durov says app to provide more data to governments

The messaging app will provide users’ IP addresses and phone numbers to relevant authorities in response to valid legal requests.
The People's Bank of China building in Beijing
BUSINESS / Economy
Sep 24, 2024

China unleashes stimulus blitz in push to hit annual growth goal

The People's Bank of China has announced moves to boost banks’ lending to consumers and corporates, and a cut to its key short-term interest rate.
Subway operator Tokyo Metro said that its initial public offering was aiming to raise around ¥319.6 billion.
BUSINESS / Markets
Sep 24, 2024

Larger IPOs set to test dominance of smaller listings in Japan

New listings look to be gaining momentum as the Nikkei 225 Stock Average has rebounded more than 20% from this year’s intraday low on Aug. 5.
A man carries hilsa fish in a bamboo basket through a wholesale market in the Indian state of West Bengal.
ASIA PACIFIC
Sep 24, 2024

Sales of beloved fish caught in net of fraying India-Bangladesh ties

Major overfishing means stocks fall far short for India, and traders had turned to Bangladesh to fill the shortfall before the export ban.
Kioxia has scrapped its plan for an initial public offering in October, sources have said.
BUSINESS / Companies
Sep 24, 2024

Chipmaker Kioxia scraps IPO planned for October after market sell-off

Shares in peers Samsung Electronics, SK Hynix and Micron Technology are currently around a third lower than recent highs.
Italian Prime Minister Giorgia Meloni (left) and Elon Musk, the chief executive of Tesla, during the Atlantic Council Global Citizen Awards in Manhattan on Monday.
WORLD / Politics
Sep 24, 2024

Musk calls Italy’s Meloni ‘authentic, honest’ at awards gala

Musk bestowed an award on Meloni during the Atlantic Council Global Citizen Awards in Manhattan on Monday.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?