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November 24, 2024
 

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An attendee tries out the XR Catch game at the Sony Group booth at CEATEC in Chiba on Tuesday.
BUSINESS / Tech
Oct 17, 2023

Major Japan tech show opens with focus on sustainability

The major trade show kicked off on Tuesday, with firms keen to showcase how their latest technologies could contribute to creating a sustainable society.
Small-cap shares listed on the Tokyo Stock Exchange are undervalued because many don’t have enough information in English, according to a top-performing Japanese small-cap fund.
BUSINESS
Oct 18, 2023

Top Japan fund bets on English disclosure to lift small-cap shares

An improvement in transparency may help revive foreign demand that drove Japan’s stock market to multi-decade highs earlier this year.
U.K. Prime Minister Rishi Sunak is pushing for nations to label artificial intelligence as capable of "catastrophic harm.”
BUSINESS / Tech
Oct 19, 2023

U.K. pushes nations to label AI as capable of ‘catastrophic harm’

Britain wants countries to sign up to a joint position that outlines particular concerns for AI’s impact on cybersecurity and biotechnology.
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.
Daiichi Sankyo is aiming for at least ¥900 billion of revenue from its oncology business in the fiscal year ending in March 2026.
BUSINESS
Oct 20, 2023

Merck signs $5.5 billion deal with Daiichi for cancer therapy development

Daiichi Sankyo is aiming for at least ¥900 billion of revenue from its oncology business in the fiscal year ending in March 2026.
An assembly engineer works on a TWINSCAN DUV lithography system at ASML in Veldhoven, Netherlands, in June.
BUSINESS / Tech
Oct 21, 2023

The multimillion-dollar machines at the center of the U.S.-China rivalry

Complex lithography machines that print intricate circuitry on computer chips are at the heart of Washington's tough new measures on Beijing.
The Fair Trade Commission has begun a probe on allegations of potential antitrust violations by Google.
BUSINESS / Tech
Oct 23, 2023

Japan begins probe into Google for alleged antitrust violations

Japan’s antitrust watchdog has begun an investigation into whether Alphabet’s Google abuses its market position to block rival services.
Speech-generating AI works by sifting through reams of data, categorizing how people speak then using an algorithm, to replicate human vocal patterns and speech characteristics.
BUSINESS / Tech / FOCUS
Oct 23, 2023

Whose voice is it anyway? Actors take on AI copycats

Artists around the world are joining forces to protect their jobs, and their souls, from the ramifications of AI that sounds just like them.
A used KIA electric car is seen for sale outside the showroom of a used car dealer in Manchester, Britain
BUSINESS / Tech
Oct 23, 2023

The battery test race to work out what used EVs are really worth

There used to be no way to measure battery health. But that is changing as firms rush to scale up EV battery tests — some of which take just minutes.
Gamers compete during the Electronic Entertainment Expo E3 at the Los Angeles Convention Center in 2017.
BUSINESS / Companies
Oct 24, 2023

Twitch and YouTube curb big-money deals for gaming superstars

For years, the leading livestreaming sites have competed for top gaming talent to bolster their services.
Kokusai Electric's technology and manufacturing center in the city of Toyama
BUSINESS / Companies
Oct 25, 2023

Kokusai Electric shares jump 28% in Tokyo debut

The stock closed at ¥2,350, valuing the company at ¥541.5 billion as investors grabbed shares following the IPO.
A Cruise driverless car operating in San Francisco. On Tuesday, California regulators ordered Cruise, a General Motors subsidiary, to stop its driverless taxi service in San Francisco after a series of traffic incidents.
BUSINESS / Tech
Oct 25, 2023

California sidelines Cruise's driverless cars, citing safety risk

The U.S. state suspended Cruise's autonomous vehicle deployment, saying the company had "misrepresented" the safety of the technology.
Samuel Bankman-Fried, founder and CEO of FTX, testifies during a Senate Committee on Agriculture, Nutrition and Forestry hearing on Capitol Hill in Washington in February 2022.
BUSINESS / Companies
Oct 28, 2023

FTX founder admits 'mistakes' but testifies he didn't defraud anyone

FTX founder Sam Bankman-Fried insisted he did not steal billions of dollars from customers when the cryptocurrency exchange collapsed last year.
Toyota’s gigacast rear component. The company plans to employ the gigacasting technology in making electric vehicles.
BUSINESS / Companies
Oct 30, 2023

Tesla’s latest disruption in carmaking draws followers in Japan

Carmakers in Japan are starting to embrace gigacasting as they seek to make up for lost ground in the shift to EVs.
Laborers work at a private garment factory in Hanoi in 2021.
BUSINESS / Companies
Oct 31, 2023

Clothing-makers find it hard to break with China’s supply chain

Amid economic uncertainty and weakening consumer demand, many are discovering that finding alternative production hubs comes with its own challenges.
BOJ Gov. Kazuo Ueda speaks during a news conference on Tuesday in Tokyo.
BUSINESS / Economy
Oct 31, 2023

Bank of Japan to allow 10-year yields to top 1%

The development is significant as the central bank has long maintained its strategy of buying up government bonds to control interest rates.
Suzuki President and Representative Director Toshihiro Suzuki unveils the Suzu-Ride at a press day of the Japan Mobility Show at Tokyo Big Sight in Tokyo on Oct. 25.
BUSINESS / Companies
Nov 1, 2023

New mobility concepts cater to older people's love for the road

The four-wheeled vehicles categorized as "specified small motorized bicycles" can be driven on public roads by anyone 16 or over without a license.
An employee works on the production line of the Kohara Gear Industry Co. factory in Kawaguchi, Japan, in 2019.
BUSINESS / Economy
Nov 1, 2023

Asia's factories grapple with rising costs amid Israel-Hamas war

The numbers look bad a the global economic recovery now threatened by the Israel-Hamas war and potential for wider conflict.
Prime Minister Fumio Kishida chats with Finance Minister Shunichi Suzuki (left) in a parliamentary session in October.
BUSINESS / Economy / FOCUS
Nov 2, 2023

Kishida distances himself from panel report backing tax overhaul

The advisory panel's medium-term reform proposal could mean higher taxes for salaried workers.
Former FTX chief executive Sam Bankman-Fried leaves Manhattan federal court in New York in January.
BUSINESS / FOCUS
Nov 4, 2023

Swift FTX case vindicates prosecution ‘need for speed’

ON Thursday, the jury took only a few hours to convict Sam Bankman-Fried of treating FTX as his personal piggy bank.
A WeWork co-working space in New York
BUSINESS / Companies
Nov 5, 2023

WeWork's troubles darken outlook for embattled office market

Media reports suggest the New York-listed flexible workspace provider — once valued at $47 billion — may petition for bankruptcy next week.
Rapid improvements in image generation have spurred artists to push back on generative AI startups, which ingest vast troves of internet data in order to generate content like pictures or text.
BUSINESS / Tech
Nov 6, 2023

Dall-E 3 is so good it’s stoking a revolt against AI scraping

It hasn’t helped much that OpenAI’s new process for artists who want to exclude their data from the system is time-consuming and complex.
Bank of Japan Gov. Kazuo Ueda addresses business leaders in Nagoya on Monday.
BUSINESS
Nov 6, 2023

BOJ chief sees inflation progress but warns of uncertainty

Japan's economy is likely to continue recovering, but the outlook was "extremely uncertain," Bank of Japan Gov. Kazuo Ueda said.
Nobuhiro Torii, president of Suntory Spirits, speaks during an interview in Tokyo on Oct. 27.
BUSINESS / Companies
Nov 6, 2023

Suntory to boost output as Japanese whisky sees global boom

Suntory Spirits has begun two-year renovations at its Yamazaki distillery in Osaka Prefecture and its Hakushu distillery in Yamanashi Prefecture.
Elon Musk, chief executive officer of Tesla, discusses artificial intelligence in London on Thursday.
BUSINESS / Tech
Nov 7, 2023

Elon Musk's X curtails disinformation research, spurring legal fears

Restrictions on critical methods of gathering data on the platform have suppressed the ability to untangle the origin and spread of false information.
Japan's real wages dropped 2.4% in September from a year earlier.
BUSINESS / Economy
Nov 7, 2023

Japan's wages and spending extend declines in test for BOJ policy

Japan's real wages dropped 2.4% in September from a year earlier.
The McKinsey & Company logo at the 54th International Paris Airshow on June 21
BUSINESS / Companies
Nov 8, 2023

Top consultancy undermining climate change fight: whistleblowers

Privately, the U.S.-based firm offers energy scenarios at odds with its public climate goals to the summit's decision-makers.
Oil storage tanks at Eneos' Negishi refinery in the Keihin industrial area of Yokohama. The firm said Wednesday that its full-year profit result was expected to increase by 67% from last year.
BUSINESS / Companies
Nov 8, 2023

Eneos raises full-year profit forecast on higher oil, weaker yen

The refiner said its full-year result was expected to increase by 67% from last year.
Pedestrians and shoppers walk past a branch of fashion retailer H&M in central Stockholm on July 17.
BUSINESS / Companies
Nov 9, 2023

Sustainable cloth-maker Renewcell struggling amid slow adoption

Stock in Renewcell lost over 80% of its value in the last month and the firm has reported an operating loss of $17 million in nine months.
The Suiso Frontier hydrogen carrier, built by Kawasaki Heavy Industries, in January 2022.
BUSINESS
Nov 10, 2023

Tokyo and Seoul to set up hydrogen and ammonia supply chain: report

Japan and South Korea, both highly dependent on energy imports, plan to work together to negotiate prices and volumes.
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

Azabudai Hills, Tokyo’s green new downtown ‘village’
Azabudai Hills, Tokyo’s green new downtown ‘village’

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