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November 24, 2024
 

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Banking on strong investor appetite for emerging market growth in the absence of Chinese stock offerings, some Southeast Asian companies are considering listing in the U.S.
BUSINESS / Companies
Sep 19, 2023

More Southeast Asian firms consider U.S. IPOs

Senior executives at some firms have said they were looking into New York as one of their initial public offering venues.
Bank of Japan officials view Gov. Kazuo Ueda’s scholarly communication style as the most obvious difference from the previous governor.
BUSINESS / Economy
Sep 19, 2023

Ueda abandons ‘shock and awe’ on path toward BOJ normalization

BOJ officials view Ueda’s scholarly communication style as the most obvious difference from the previous governor.
A specialist removes a Kirin 9000s chip fabricated in China by Semiconductor Manufacturing International Corp. (SMIC) from a Huawei Technologies Mate 60 Pro smartphone earlier this month.
BUSINESS / Tech / ANALYSIS
Sep 20, 2023

U.S. likely to tighten tech curbs as China advances chip production

The chips powering a new Huawei phone represent a jump forward in China’s chipmaking capability as it boosts efforts to catch up with rivals.
The U.S. Federal Reserve building in Washington
BUSINESS / Economy
Sep 19, 2023

A strike, a shutdown and student loans may cool spending for Fed

Some economists say the resumption of student loan repayments for tens of millions of borrowers may already be reshaping behavior.
Pedestrians pass an advertisement for Huawei's Mate 60 series smartphones outside a Huawei store in Shanghai on Sept. 8. Huawei's Mate 60 Pro uses an advanced chip and is said to be capable of 5G speeds.
BUSINESS / Companies
Sep 20, 2023

Huawei ships Chinese-made surveillance chips despite tech curbs

The developments, as well as advances in Chinese-made smartphone chips, indicate the technology giant is overcoming Washington's export controls.
Jensen Huang, CEO of NVIDIA, arriving at the bipartisan A.I. Insight Forum organized by Senate Majority Leader Chuck Schumer, along with labor union leaders and civil society groups, at the Capitol in Washington on Sept. 13.
BUSINESS / Companies
Sep 21, 2023

Nvidia CEO tours India eyeing AI market to hedge China risks

For Nvidia, whose processors are key to development of artificial intelligence systems, the South Asian nation of 1.4 billion presents a rare opportunity.
Burnt olive groves following a wildfire in the village of Dikella, west of Alexandroupolis, Greece, on Aug. 29. Nature-based investment aims to back projects that tackle land degradation, rectify biodiversity loss and combat climate change.
BUSINESS / Markets
Sep 22, 2023

Japan an outlier as interest in nature-based investment grows

Such investments aim to back projects that tackle land degradation, rectify biodiversity loss and combat climate change.
European Union trade chief Valdis Dombrovskis speaks at the Bund Summit in Shanghai on Saturday.
BUSINESS / Economy
Sep 23, 2023

EU trade chief rules out China decoupling, but vows to protect bloc

The bloc posted record bilateral trade with China last year, but it is "very unbalanced," EU trade chief Valdis Dombrovskis said.
Mitsubishi Chemical’s plan for a new semiconductor materials plant comes as the government makes investments in the domestic sector.
BUSINESS
Sep 25, 2023

Mitsubishi Chemical to open new semiconductor materials plant

Details on when or where it will be built or how much it will cost have not been decided, but Fukuoka Prefecture is reportedly a candidate location.
Charles Wang Zhonghe, a senior banker at Nomura Holdings, has reportedly been barred from leaving China in a move connected to a long-running investigation of a top dealmaker in the country.
BUSINESS
Sep 25, 2023

Senior Nomura banker barred from leaving China, report says

The exit ban on the chair of investment banking for China at the bank's Hong Kong arm is linked to an investigation of a top dealmaker in the country.
Nissan Motor is planning to produce only electric vehicles in Europe by 2030.
BUSINESS / Companies
Sep 26, 2023

Nissan to go all-electric in Europe by 2030 despite U.K. delay

Nissan plans to launch 27 electrified vehicles, including 19 fully electric cars, by 2030.
Yahoo News is currently the most popular news portal site in Japan, with the highest number of partnerships with news providers.
BUSINESS / Tech
Sep 26, 2023

Yahoo News considers reviewing contracts with news providers

The announcement follows a report by the JFTC last week that warned that the platform's operator, Yahoo Japan, may be in a superior bargaining position.
China Evergrande Group Chairman Hui Ka Yan
BUSINESS / Companies
Sep 27, 2023

Evergrande’s billionaire chairman Hui under police surveillance

Hui was taken away by Chinese police earlier this month and is being monitored at a designated location. It’s not clear why he is under surveillance.
MUFG Bank is aiming to foray into space by investing in startups.
BUSINESS / Companies
Sep 27, 2023

MUFG Bank among firms to lead $290 million Sierra Space fundraising

Sierra Space is among a handful of space industry players attempting to build a private space station.
The famous Nike swoosh and Air Jordan logo on an Air Jordan 1, called "Notorious" and released from 1984-85, during a preview for "The Rise of the Sneaker Culture" exhibit at the Brooklyn Museum in New York in 2015.
BUSINESS / Markets
Sep 28, 2023

Air Jordan resale prices tumble, casting shadow over Nike

Sneaker styles that once sold on StockX for $100 or more above Nike's list price are now selling for a premium of less than $10.
TikTok can advertise to more than 100 million users in Indonesia, but they now need to go on a different app or site to buy.
BUSINESS / Companies
Sep 28, 2023

TikTok’s e-commerce ambitions stall as global backlash grows

Complaints about how TikTok is squeezing local players has stalled the Chinese-owned social media platform's e-commerce ambitions
The U.S. Capitol in Washington. Congress is struggling to pass a short-term spending bill needed to keep the government open past the new fiscal year beginning Oct. 1.
BUSINESS / Economy
Sep 29, 2023

Missing economic data will test alternatives in U.S. shutdown

Nongovernment measures are seen as less reliable than Bureau of Labor Statistics, Census Bureau and Bureau of Economic Analysis releases.
Self-driving vehicles featuring level-4 capabilities in Eiheiji, Fukui Prefecture. The limited availability of autonomous driving in Japan stands in stark contrast to the U.S. and China.
BUSINESS / Economy
Oct 2, 2023

Autonomous driving remains a distant reality in Japan

The limited availability of autonomous driving stands in stark contrast to the U.S. and China, where robotaxis already roam the streets in some cities.
Zoom controlled only about 7% of the market for communication and collaboration software as of the first quarter of the year, while Microsoft topped 42%, according to industry analyst IDC.
BUSINESS / Tech
Oct 4, 2023

Zoom expands tools and features in bid to compete with Microsoft

The company is adding word processing to its suite of tools and experimenting with novel features for meetings as it faces steep competition from Teams.
NTT Docomo President Motoyuki Ii (left) and Monex Group Chairman Oki Matsumoto hold a news conference in Tokyo on Wednesday.
BUSINESS / Companies
Oct 5, 2023

NTT Docomo to make online brokerage Monex a subsidiary

With the move, the firm aims to strengthen its revenue base by entering in the field of asset formation services.
The PayPay app now seeks to keep its pace of double-digit growth with help from other SoftBank portfolio companies.
BUSINESS / Tech
Oct 5, 2023

SoftBank’s PayPay app showcases Masayoshi Son’s clout in Japan

Seen to be next in SoftBank’s initial public offering pipeline, the startup now holds two-thirds’ share in QR-code payments in Japan.
Uniqlo's first Indian store, in New Delhi, in October 2019
BUSINESS / Companies
Oct 6, 2023

Uniqlo owner scouts for more Indian partners after 60% sales jump

The Japanese apparel giant is currently working with over 20 sewing factories and mills in India.
Visitors walk along the Marina Barrage water catchment area in Singapore in 2009.
BUSINESS / Markets
Oct 10, 2023

Singapore fighting rising seas to save $50 billion in real estate

During a half-century of independence, Singapore has fought to expand its territory, inch by hard-won inch. On the tip of the Malaysian peninsula, the island city-state piled up sand to expand its coastline and reclaim land from the sea.
Chey Tae-won in Paris on Monday
BUSINESS / Tech
Oct 11, 2023

SK Group boss blames U.S.-China tensions for EV battery prices

SK Group’s operations range from batteries and chips to chemicals and telecoms.
Signage for Japan's top banks, MUFG Bank, Mizuho Bank and Sumitomo Mitsui Banking in Tokyo.
BUSINESS / Companies
Oct 12, 2023

Japan’s top banks pay women about half of what men earn

The country has a relatively high labor participation rate for women, but many of the positions they occupy have little prospect of better pay.
Toyota Motor and Idemitsu Kosan are teaming up to develop and mass-produce all-solid-state batteries for electric vehicles, the companies said on Thursday.
BUSINESS / Companies
Oct 12, 2023

Toyota and Idemitsu to mass-produce all-solid-state batteries

Idemitsu and Toyota said in a statement they would aim to commercialize the next-generation batteries in 2027-28, followed by full-scale mass production.
A Uniqlo store in Shanghai
BUSINESS / Companies
Oct 12, 2023

Fast Retailing's annual profit rises 28% to fresh record

Profit was ¥381.1 billion ($2.56 billion) in the 12 months through August compared with ¥297.3 billion, the previous all-time high, a year earlier.
Honda Motor CEO Toshihiro Mibe
BUSINESS / Companies
Oct 12, 2023

Honda and Mitsubishi Corp. sign pact to optimize EV battery use

The deal will eventually pay off in lower electricity bills for customers and better use of battery material, the companies said.
Thanks to a rally in Japanese stocks, even some "bad governance” companies have been unfairly benefiting from the wave, a fund manager has said.
BUSINESS / Markets
Oct 16, 2023

Time to short Japan’s ‘bad governance’ stocks, hedge fund says

A rally in Japanese stocks has unfairly benefited companies that are flouting the bourse’s campaign to boost valuations, according to a fund manager.
People walk into Jerusalem's Old City via Jaffa Gate, as the conflict wreaks havoc across the tourism sector.
BUSINESS
Oct 17, 2023

Israeli-Palestinian tourism sector hit hard by conflict

"Business is at a standstill since the war started," said a tour guide in the Palestinian city. "The roads were cut off, no one is coming."
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
Japan will spend ¥325 million in government funds on Princess Yuriko's funeral
Princess Yuriko waves during the New Year's public greeting at the Imperial Palace in Tokyo in January 2019.
133-year-old Kyushu railway station remains to be partially preserved
The remains of the original Moji Station in Kitakyushu
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.

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

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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