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November 26, 2024
 

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Nomura Holdings Chief Executive Officer Kentaro Okuda
BUSINESS
Aug 2, 2023

Nomura shares tumble most in two years after profit miss

The stock dropped as much as 8.5% on Wednesday morning, the biggest daily decline since March 2021.
The government may sell stakes in some major firms, including NTT, to fund its growing defense spending.
BUSINESS
Aug 3, 2023

Raising the stakes: Japan may sell shares to fund defense spending

Selling government stakes in some of Japan's biggest firms won't be straightforward, given the need for consensus and changes to laws.
Hiroshi Mikitani, co-chief executive officer of Rakuten Medical, speaks at the American Society of Clinical Oncology's meeting in Yokohama on Thursday.
BUSINESS
Aug 7, 2023

Rakuten’s Mikitani spends a fifth of his time on biotech startup

Rakuten Medical, based in San Diego, employs about 200 people and specializes in a therapy that uses light and immunotherapy drugs to fight cancer.
A highway runs through Saudi Arabia's arid landscape. A new horticulture project marks the biggest food-tech investment for the country, whose extreme summer temperatures have long left it reliant on food imports.
WORLD
Aug 7, 2023

Saudi city of future enlists Dutch help to grow crops in desert

The Netherlands is now the world’s second-largest agricultural exporter after the U.S., despite being one of Europe’s smallest nations.
Naomi Koshi, CEO of OnBoard K.K., says pressure from foreign investors is pushing Japanese companies to seek out more female board members.
BUSINESS / Companies
Aug 8, 2023

Foreign investor pressure spurs Japanese boards to appoint women

The scramble came after institutional investors set rules to vote against firms with few or no female board members.
A year of restraint in investments has helped SoftBank regain its financial footing, accumulating a cash pile of almost ¥6 trillion.
BUSINESS / Companies
Aug 9, 2023

SoftBank begins making investments again but ‘timidly with fear’

A year of restraint in investments has helped SoftBank regain its financial footing, accumulating a cash pile of almost ¥6 trillion.
The Gacha Pop playlist on Spotify offers a wonderfully scattered collection of J-pop chart-toppers, long-running favorites and next-generation names, reflecting the global ambitions of homegrown artists.
CULTURE / Music / Sound Off
Aug 11, 2023

The summer of Gacha Pop

Spotify’s curated playlist encapsulates J-pop’s diverse range, but more than that, it shows how Japanese music travels in the world today.
People surveying wildfire damage in the town of Lahaina in Hawaii on Friday. Emergency workers on Saturday continued to dig through the ash and rubble, with the official death toll from the fires rising to 93.
WORLD / Society
Aug 14, 2023

Seeking cause of deadly Hawaii fires, lawyers probe power lines

Attorneys from three firms say accounts suggest damaged power infrastructure owned by Hawaiian Electric Industries created the spark for the flames.
SoftBank, which currently owns 75% of Arm, is in talks to acquire the 25% stake in the firm it does not directly own from Vision Fund 1, according to sources.
BUSINESS
Aug 14, 2023

SoftBank in talks to buy Vision Fund's 25% stake in Arm

The move would potentially deliver a win for investors who have waited years for strong returns.
An attendee walks past a wall decorated with binary code during July's World Artificial Intelligence Conference (WAIC) in Shanghai.
BUSINESS / Tech
Aug 15, 2023

Beijing aims to regulate China’s AI sector while maintaining edge

Like Europe, China is moving ahead with government oversight of what may be the most promising — and controversial — technology of the last 30 years.
Tesla CEO Elon Musk
BUSINESS
Aug 18, 2023

Elon Musk arrives in Japan for first visit in nine years

The purpose of his trip is not yet clear, but the space-loving billionaire has posted video clips of the teamLab Planets art installation in Tokyo.
A view of a Nestle, La Laitiere product cover in a supermarket in Paris. The video of Nestle's version of Baroque artist Johannes Vermeer's oil painting The Milkmaid generated sigificant "media value" for the Swiss food giant.
BUSINESS / Companies
Aug 21, 2023

From 'Mad Men' to machines? Big advertisers shift to AI

Many companies remain wary of security and copyright risks, however, meaning humans will remain part of the process for the foreseeable future.
Eiko Higuchi at her microphone production station at Sony Taiyo
BUSINESS / Companies
Aug 25, 2023

A tiny factory is handcrafting mics for Justin Bieber and Dr. Dre

Sony Taiyo, a Sony Group subsidiary, is designed to give people with disabilities a fair chance in the workplace.
A statue of Pokemon character Pikachu is seen during the E3 Electronic Entertainment Expo in Los Angeles.
BUSINESS / Tech
Aug 26, 2023

Pokemon game that’s all about sleep hits 10 million downloads

Pokemon Go made billions of dollars getting people to roam the great outdoors. Now the company is trying to get people to go to bed.
A billboard promoting contract army service in front of the Private Military Company Wagner Center in St. Petersburg on Saturday.
WORLD / Politics
Aug 27, 2023

Kremlin eyes how to bring private military group under its control

The organization’s military prowess, experienced operators and ties to African governments may be too valuable to lose.
Security personnel guard the BYD booth at the Auto Shanghai show in April 2023.
BUSINESS / Companies
Aug 29, 2023

China's leading electric carmaker BYD triples half-year profit

This month the company became the first global manufacturer to pass the 5 million milestone in electric vehicle production.
The VinFast logo during an event in Los Angeles in November 2022
BUSINESS / Markets
Aug 30, 2023

VinFast’s world-beating gain evokes memory of $400 billion crash

The last time a similar stock rose from relative obscurity to the one the world’s largest companies, it didn’t end well for investors.
An efficient, just-in-time strategy for manufacturing made Toyota’s production system famous.
COMMENTARY / Japan
Aug 30, 2023

Toyota shuts factories, investors shrug. That’s resilience.

An efficient, just-in-time strategy for manufacturing made Toyota’s production system famous.
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.
Suntory Beverage & Food's chief executive Makiko Ono sees Australia as a model for integrating canned alcoholic drinks into offerings in other global markets.
BUSINESS / Companies
Aug 31, 2023

Suntory Beverage sees Australia as model for can cocktail growth

The company is considering building a factory in Australia's northeastern city of Brisbane to produce canned drinks.
Load and haul operations at Thungela's thermal coal mining operation, Isibonelo Colliery (formerly Anglo American), in Mpumalanga Province, South Africa, in March 2019
BUSINESS / Companies
Sep 1, 2023

Coal miners forced to insure themselves amid climate concerns

Dozens of insurers have announced restrictions on their cover for the coal industry, particularly for new projects
A clothing packaging warehouse near Barcelona last month
BUSINESS / FOCUS
Sep 1, 2023

Fast fashion firms prepare for EU crackdown on waste mountain

Fast fashion, or making and selling cheap clothes with a short lifespan, is "highly unsustainable," the European Commission said in July.
A municipality worker collects garbage, most of which is plastic and domestic waste, along the shore of Jakarta.
ENVIRONMENT / Sustainability
Sep 4, 2023

Trash to treasure: Indonesian firm turns plastic into bricks

The company mixes volcanic ash, mountain stones, plastic waste and cement to make its bricks, which do not contain sand like regular ones.
Disney and cable giant Charter Communications are negotiating over how much Charter will pay Disney to carry its channels.
BUSINESS / Companies
Sep 6, 2023

Behind the Disney-Charter dispute over the future of TV

Media companies are trying to build profitable streaming services while cable providers feel like they're subsidizing a business that cannibalizes them.
Apple shares slid 3.6% after reports that Chinese government agencies will ban iPhones and other foreign-branded devices in workplaces.
BUSINESS / Companies
Sep 7, 2023

Apple falls on report that China agencies are barring iPhone use

The company enjoys widespread popularity in China, its largest international market.
A joint study by consultant McKinsey and data firm NielsenIQ earlier this year found that 78% of U.S. consumers say a sustainable lifestyle is important to them.
ENVIRONMENT / Sustainability
Sep 8, 2023

Shoppers say they want sustainable goods, but won't pay more

When push comes to shove, manufacturers sometimes find consumers aren't buying their sustainable products.
Mizuho Financial Group has been expanding its presence in the United States to tap the world’s biggest fee pool, becoming one of the four global investment banks leading Arm's IPO.
BUSINESS / Companies
Sep 8, 2023

Mizuho's SoftBank ties boost Wall Street ambitions via Arm IPO

The bank has been expanding its presence in the U.S. to tap the world’s biggest fee pool, even as deals slump globally following the pandemic.
Nvidia's corporate headquarters in Santa Clara, California. The company dominates the market for chips that work with massive amounts of language data.
BUSINESS / Tech
Sep 12, 2023

Nvidia's dominance in AI chips deters funding for startups

Nvidia's supremacy in building computer chips for artificial intelligence has chilled venture funding for would-be rivals, investors have said.
A Kirin 9000S chip fabricated in China by Semiconductor Manufacturing International Corp. taken from a Huawei Technologies Mate 60 Pro smartphone
COMMENTARY / World
Sep 12, 2023

Huawei sends a message with its new smartphone

Fear of turbocharging China’s indigenous technology development efforts has been one of the most powerful arguments against tightening export controls.
Advertisements for the Dholera Smart City project, which is in the early stages of development, in Dholera, India, on Aug. 25. India’s government, seizing on the world’s desire to reduce reliance on China, is offering billions to build an entire semiconductor ecosystem on vast empty plots.
WORLD / Politics
Sep 13, 2023

Modi wants to make India a chipmaking superpower. Can he succeed?

The prime minister betting he can lure private companies to a future semiconductor city from not only across India but also the world.
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
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.
Japan’s sauna movement: Relax, refresh, repeat
Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
AI boom makes 139-year-old cable maker Japan’s hottest stock
Fujikura's headquarters in Tokyo's Koto Ward. The company's share price has surged by more than 400% this year.
Japan and U.S. to form missile plan in case of Taiwan emergency
A U.S. Marine Corps M142 High Mobility Artillery Rocket System (HIMARS) and a Japanese Ground Self-Defense Force Type 12 Surface-to-Ship Missile (12SSM) system are put on display at a symposium at a base in Kisarazu, Japan, in June 2022.
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
How Japan can exit the fossil fuel subsidies it can’t seem to quit
A man walks past a gasoline station in Tokyo on Thursday.
Are you leaving your loved ones digital legacies or headaches?
The National Consumer Affairs Center reports a growing number of consultations regarding "digital legacies" — data and online services left behind when people die.
Rayssa Leal and Chloe Covell on Japan’s teen skaters: We are friends, not rivals
Brazil’s Rayssa Leal celebrates after winning the women's Street League Skateboarding competition on Saturday in Tokyo.
An iconic 32-foot doughnut might give Randy’s an edge in Japan
Randy's Donuts in Inglewood, California. Replicas of the giant doughnut sculpture will be installed, where possible, at shops in Japan.

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
The celebrated artist ‘updating’ the kimono

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