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Daiichi Sankyo's headquarters in Tokyo
BUSINESS
Jan 18, 2025

AstraZeneca and Daiichi Sankyo win U.S. approval for breast cancer drug

The Food and Drug Administration approved the drug for patients with advanced breast tumors whose cells bear a certain genetic signature.
After months of legal tussles, the U.S. Supreme Court on Friday upheld a law that would ban TikTok in the name of national security.
BUSINESS / Tech
Jan 19, 2025

TikTok shuts down U.S. access as Trump seeks app's reinstatement

Only months after overwhelmingly backing the law, lawmakers are now fretting about the ban, with all eyes on whether Trump can swoop in and find a way to save the app.
An employee at an auto parts maker in Ota, Gunma Prefecture. The automotive industries, which give fewer days off than other sectors do, are falling behind in the recruitment of new workers.
BUSINESS
Jan 19, 2025

Japan auto unions aiming to get five more days off in 2025

The number of nonworking days in the automotive industries has not increased in recent years and lags behind other sectors.
U.S. President Joe Biden delivers remarks at the U.S. Conference of Mayors in Washington on Friday.
BUSINESS / Economy / FOCUS
Jan 19, 2025

Democrats search for economic policy lessons as Trump takes office

Scarred by the 2007-09 recession, the Biden administration bet big on the labor market. The bet worked but not exactly as they hoped.
People attend a New Year's celebration in Wuhan, China, on Jan. 1.
ASIA PACIFIC
Jan 19, 2025

Wuhan keen to shake off pandemic label five years on

There is nothing to mark the location of the world's first COVID-19 lockdown — in fact, there are no major memorials to the lives lost to the virus anywhere in the city.
World Bank Deputy Chief Economist Ayhan Kose says there is room for the Bank of Japan to raise interest rates.
BUSINESS / Economy
Jan 19, 2025

Japan likely to see 'healthy growth' through 2026: World Bank exec

In its economic forecast released Thursday, the World Bank predicted Japan's gross domestic product will grow a real 1.2% in 2025 and 0.9% in 2026.
Woodworkers check phones during a blackout at an industrial complex in Tehran on Dec. 18.
WORLD / Politics
Jan 20, 2025

Blackouts in Iran leave industry in tatters

The regime is bracing for a harder road ahead, with incoming U.S. President Donald Trump pledging pressure and preparing sanctions.
The U.S. Food and Drug Administration's approval of novel breast cancer treatment by Daiichi Sankyo and AstraZeneca led Daiichi Sankyo's shares to post the largest intraday gain since August on Monday.
BUSINESS / Companies
Jan 20, 2025

Daiichi Sankyo rises most in five months on cancer drug approval

Datroway, developed with AstraZeneca, has been approved for patients with advanced breast tumors.
A dairy farming facility in Bengaluru, which Akiba Bokujo Holdings is expected to operate
BUSINESS / Companies
Jan 20, 2025

Japanese dairy farm operator targeting India

Akiba Bokujo Holdings has partnered with an Indian IT startup to procure feed, raise dairy cows and produce products.
Although direct Chinese exports to the U.S. have shrunk a little in importance over the past four years, the world’s largest economy is still the most important source of final demand for China.
BUSINESS / Economy
Jan 20, 2025

China faces Trump’s return just as reliance on exports soars

China’s record trade surplus of nearly $1 trillion last year was equivalent to more than 5% of its gross domestic product.
Donald Trump speaks at a Bitcoin conference in Nashville, Tennessee, on July 27, 2024.
BUSINESS / Tech
Jan 20, 2025

Cocktails and Snoop Dogg — crypto industry celebrates Trump inauguration

The crypto gala marks a stunning turnaround for an industry that has been in the Biden administration's crosshairs.
Core machinery orders, excluding orders for ships and power equipment, totaled ¥899.6 billion ($5.77 billion) in November, the Cabinet Office said.
BUSINESS / Economy
Jan 20, 2025

Japan's core machinery orders up 3.4% in November

Orders totaled ¥899.6 billion ($5.77 billion), the Cabinet Office said, marking a second consecutive month of growth.
Curtis Sparrer, founder of the public relations agency Bospar, sits at his desk in his apartment in San Francisco, California, on Jan. 9.
BUSINESS / Companies
Jan 20, 2025

In the U.S., remote workers don't want to head back to the office

The question of remote work or working in an office has become increasingly political.
Fuji TV President Koichi Minato speaks at a news conference on Friday in Tokyo.
JAPAN / Media
Jan 20, 2025

What went wrong at Fuji TV's news conference on allegations against Nakai?

The broadcaster, which imposed various restrictions for the event that included denying access to many media agencies, ended up worsening the scandal.
The surge in share buybacks followed a request by the Tokyo Stock Exchange in March 2023 that listed companies put more focus on improving capital efficiency.
BUSINESS / Markets
Jan 20, 2025

Listed Japanese firms' share buybacks hit record in 2024

The increase has been attributed to accelerated corporate efforts to improve capital efficiency and pressure from activist shareholders.
Donald Trump is sworn in as the 47th president of the United States by Chief Justice John Roberts as Melania Trump holds the Bible during the 60th presidential inauguration in the Rotunda of the U.S. Capitol in Washington on Monday.
WORLD / Politics
Jan 21, 2025

Trump sworn in a second time, vowing 'golden age of America'

Trump has promised to push the limits of executive power, deport millions of immigrants and secure retribution against his political enemies.

Longform

Atsuyoshi Koike, the president and CEO of Rapidus, says there is a “sense of urgency” when it comes to Japan’s efforts in manufacturing semiconductors. “We have to make sure we are successful,” he says.
Atsuyoshi Koike’s big game: Fourth down and 2 nanometers to go