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Japan Times
BUSINESS
Jan 18, 2023

Despite speculation of shift, BOJ maintains dovish policies

The Bank of Japan said it will maintain its monetary easing policy, including its short-term interest rate at minus 0.1%.
A VinFast electric car is parked outside a showroom in Hanoi on Aug. 18.
BUSINESS / Companies
Aug 29, 2023

EV maker VinFast now worth more than Goldman Sachs and Boeing

VinFast shares closed up 20% at $82.35 Monday, marking a blistering 688% since its market debut Aug. 15. It is currently worth about $190 billion.
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
Ozempic is a drug for treating Type 2 diabetes that is now being used widely as an appetite-suppressing weight loss aid.
BUSINESS / Markets
Oct 9, 2023

Ozempic threat is spurring a slump in snack and beer stocks

Snack and beverage producers are most at risk, as well as purveyors of weight-management food products such as shakes and frozen meals.
A rendered image of the completed Rapidus factory being built in Chitose, Hokkaido
BUSINESS / Tech / Regional Voices: Hokkaido
Oct 23, 2023

Hokkaido waits to gauge impact from upcoming Rapidus chip plant

The nationally backed effort to revive Japan’s semiconductor industry has been called the region’s largest-ever development project.
An assembly engineer works on a lithography system at chipmaker ASML in Veldhoven, Netherlands, on June 16.
COMMENTARY / Japan / Geoeconomic Briefing
Nov 2, 2023

How can the EU strengthen its strategic autonomy regarding chips?

The bloc has felt a sense of crisis over the fact that its growth strategy has been largely dependent on third countries.
U.S. Federal Reserve Board Chairman Jerome Powell during a news conference in Washington on Wednesday
BUSINESS / Economy
Nov 3, 2023

Global central banks mark a possible plateau

Policymakers in Frankfurt, London and Washington uniformly say rate cuts won't be on the table until price pressures are truly contained.
People wait to board trains at the Hongqiao railway station in Shanghai ahead of the National Day holiday on Sept. 28.
ASIA PACIFIC / Politics
Dec 7, 2023

China holds back from easing of Mao-era rules, in blow to economy

An internal passport system has largely tethered people's destinies to their place of origin since the 1950s.
Few could have predicted what artificial-intelligence proponents are dreaming up these days.
BUSINESS / Tech
Dec 7, 2023

Wall Street quants see mixed results from chatbots amid AI boom

As AI tools get more sophisticated, companies are updating their presentations to incorporate a positive vocal tone and upbeat sentences, research shows.
Since starting out as a venue for short, silly lip-syncing videos, TikTok has emerged as an incubator for consumer trends, with millions of people trying on clothes and reviewing products.
BUSINESS / Companies
Dec 13, 2023

TikTok Shop sees early success, taking aim at giant Amazon

In a sign of how seriously Amazon is taking TikTok, the company cut deals with Pinterest, Meta and Snapchat to let users shop without leaving those apps.
Data center development is time-consuming and complex — requiring a mix of expertise around real estate, technology, local regulations and environmental requirements. Asia’s highly fragmented market makes navigating these factors even more onerous.
BUSINESS / Tech
Jan 15, 2024

Global investors plow into Asia data centers on AI boom

Asia is becoming the latest hunting ground for investors in data centers, as companies bet on the region’s growing computing and data storage needs.
Toyota's hybrid RAV4 Prime at an auto show in Los Angeles in 2019
BUSINESS
Feb 2, 2024

Toyota to outshine rivals as more consumers opt for hybrids amid EV slowdown

Toyota is expected to offer an upbeat outlook when it reports its earnings on Tuesday, helped by its heavy reliance on hybrids.
A monitor in Tokyo shows the yen weakening past ¥150 per dollar late Tuesday night.
BUSINESS / Markets
Feb 14, 2024

Yen's slide past ¥150 per dollar prompts stern warnings from Japan

The yen has tumbled more than 6% versus the dollar so far in 2024.
Pedestrians in Piazza Cordusio in Milan. Europe's fertility rate has been stuck around 1.5 births per woman for the past decade.
WORLD / Society / ANALYSIS
Feb 16, 2024

How Europe can dodge a birth rate hard landing

Europe's fertility rate has been stuck around 1.5 births per woman for the past decade, far short of the 2.1 needed to maintain population levels.
Apple CEO Tim Cook speaks at the China Development Forum 2024 in Beijing on Sunday.
BUSINESS / Companies
Mar 26, 2024

Western business leaders help China challenge economic slump fears

Global executives are keen to show interest in participating in China's giant market despite deepening political tensions and moves to favor local firms.
A monitor shows the yen's sharp decline to  ¥158 to the dollar on Saturday morning in Tokyo.
BUSINESS / Markets
Apr 27, 2024

Yen drops beyond ¥157 per dollar as BOJ keeps key rate unchanged

Japan’s currency weakened as much as 1.4% on the day and touched a session low of ¥157.79 per dollar in afternoon trading in New York.
Japan's vice minister of finance for international affairs, Masato Kanda, poses for a photograph during an interview at the Finance Ministry in Tokyo in January 2022.
BUSINESS / Markets
Apr 30, 2024

Japan forex authorities ready '24 hours,' top currency diplomat Kanda says

Masato Kanda again declined to comment on whether the Finance Ministry had intervened to prop up the yen a day earlier.
An electronic screen displays a graph showing Japanese yen exchange rates surging against the dollar amid signs of intervention by authorities, in Tokyo on Thursday.
BUSINESS / Markets
May 3, 2024

Japan's May 1 intervention may have cost ¥3.66 trillion, BOJ data suggests

The yen was at around ¥157.55 per dollar when it suddenly spiked, strengthening as far as ¥153 over the next half hour.
Shunichi Suzuki, Japan's finance minister
BUSINESS / Markets
May 4, 2024

Japan’s finance minister keeps traders guessing on yen intervention

The comments came days after Japanese authorities apparently entered the market to support the yen on two occasions this week.
French President Emmanuel Macron, Chinese leader Xi Jinping and European Commission chief Ursula von der Leyen walk after their meeting in Paris on Monday.
ASIA PACIFIC / Politics / ANALYSIS
May 7, 2024

Xi bristles as Macron and von der Leyen urge China to do more on Ukraine

The Chinese president also rejected what he described as attempts to use the Ukraine conflict to smear a third country or stoke a new Cold War.
Employees work on a production line at an automotive plant producing electric cars near Ningbo, China. The U.S. is set to announce new tariffs on Chinese electric vehicles and other goods as early as next week, according to people familiar with the matter.
BUSINESS
May 11, 2024

Biden set to hit China EVs and strategic sectors with tariffs

The decision, which could come as early as next week, represents one of Biden’s biggest moves in the economic race with China.
U.S. President Joe Biden speaks about new actions to protect American workers and businesses from China's "unfair" trade practices, in the Rose Garden of the White House in Washington on Tuesday.
BUSINESS / Economy / ANALYSIS
May 15, 2024

Who’s toughest on China? Biden’s tariff tactic ups ante as election looms.

U.S. president is seen to be trying to "outtrump Trump" to appeal to voters who worry about geopolitical competition or hold anti-China sentiments.
Foreign private credit funds are focusing on Japanese investors as they move more money into higher-paying assets.
BUSINESS / Companies
May 29, 2024

Private credit chases Japan’s trillions as inflation spurs shift

Private credit funds are betting that inflation will prompt investors to channel more money into riskier overseas investments.
The Bank of Japan headquarters in Tokyo on June 12
BUSINESS / Markets
Jun 24, 2024

Yen nears lows as Bank of Japan leans dovish

The BOJ has suggested in recent weeks that it might not hurry in tightening monetary policy, unsettling the market.
Toyota has been looking to cash in on stakes in affiliates as it steps up development and production of battery-powered vehicles.
BUSINESS
Jun 27, 2024

Toyota and affiliates to offload some $1 billion in Aisin shares

Toyota Motor and two affiliates will divest at least 12.5% of supplier Aisin
The Bank of Japan headquarters in Tokyo. Many analysts say the central bank would want to avoid rushing policy moves as policymakers probably don’t want to be seen as being forced to act to boost the currency.
BUSINESS / Markets
Jul 12, 2024

Yen jump eases pressure on BOJ to tighten its policy, analysts say

If the Bank of Japan raised interest rates and announced fewer bond purchases, it could risk being seen as only driven by the volatile yen.
Prime Minister Fumio Kishida and German Chancellor Olaf Scholz speak to reporters in Berlin on Friday.
JAPAN / Politics / ANALYSIS
Jul 13, 2024

Japanese and German leaders deepen ties with new economic security framework

Prime Minister Fumio Kishida and German Chancellor Olaz Scholz agreed on the new mechanism during the Japanese leader's first visit to the country as PM.
An electronic screen displays a graph showing yen exchange rates surging against the U.S. dollar amid an alert to the possibility of intervention in Tokyo on Friday.
BUSINESS / Economy
Jul 16, 2024

Japan keeps up yen warnings as two-day intervention suspected

Bank of Japan data released on Tuesday suggested Tokyo may have spent ¥2.14 trillion ($13.5 billion) intervening on Friday last week.
Bank of Japan Gov. Kazuo Ueda attends a news conference after the central bank's policy meeting, in Tokyo on Wednesday.
BUSINESS / Economy
Aug 1, 2024

BOJ’s sudden hawkishness attributed to yen defense

Economists believe political pressure may have had something to do with the central bank’s shift in stance.
Circle K owner Alimentation Couche-Tard’s initial $14.86-a-share proposal, seen as cheap at only 20% above Seven & I’s share price, may fail without a higher bid.
COMMENTARY / Japan
Sep 19, 2024

How 7-Eleven can get a big price from Circle K

Alimentation Couche-Tard’s initial $14.86-a-share proposal, seen as cheap at only 20% above Seven & I’s share price, is unlikely to succeed without a higher bid.

Longform

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