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July 27, 2024
 

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Men inspect an electric car at a showroom in Riyadh in June. Although the EV market in Saudi Arabia remains small compared with the United States and China, it tripled last year to nearly 800 cars.
BUSINESS / Tech
EV adoption gathers steam in fossil fuel-rich Saudi Arabia
The kingdom's EV market tripled last year to nearly 800 cars, according to Saudi business news outlet Al-Iqtisadiyah.
BUSINESS / Tech
Nvidia clears Samsung's HBM3 chips for use in China-market processor
Nvidia's approval of the chips comes amid soaring demand for sophisticated graphics processing units.
BUSINESS / Tech
Japan's Nidec lifts annual profit outlook after first quarter
The company raised its expectations for operating profit in the financial year to the end of March 2025 to ¥240 billion ($1.53 billion).
People visit the Xpeng booth during the 20th Shanghai International Automobile Industry Exhibition on April 19, 2023.
BUSINESS / Tech
Jul 22, 2024
Volkswagen and Xpeng deepen software collaboration across EVs in China
Chinese electric vehicle maker Xpeng said that it has entered into a technical collaboration agreement with Volkswagen.
Nvidia CEO Jensen Huang presents on the chipmaker's Blackwell platform at an event ahead of the Computex forum, in Taipei on June 2. The flagship Blackwell series was unveiled in March.
BUSINESS / Tech
Jul 22, 2024
Nvidia preparing version of new flagship AI chip for Chinese market, sources say
By Fanny Potkin
The Chinese version of the chip will be made compatible with current U.S. export controls.
While chip stocks have been on a tear this year, some strategists see signs of overheating within the sector.
BUSINESS / Tech
Jul 22, 2024
Top Taiwan tech fund says there’s still more juice in AI rally
By Aya Wagatsuma
Fund manager sees more opportunities in Taiwanese and Japanese stocks amid tensions between the U.S. and China.
The U.S. and its allies have accused China of supporting Russia's war in Ukraine, in part by exporting parts and equipment needed by Moscow's weapons makers, including semiconductors.
BUSINESS / Tech
Jul 22, 2024
Illicit chip flows to Russia seen slowing in China
By James Pomfret and Michael Martina
Both mainland China and Hong Kong are seen by the U.S. government as key global nodes for Russia to source materials for its military.
Attendees inspect a Lamborghini Revuelto high performance electrified vehicle on the opening day of the Geneva International Motor Show Qatar 2023, in Doha on Oct. 6, 2023.
BUSINESS / Tech
Jul 22, 2024
In the world of luxury cars, hybrids are the sexiest new thing
By Hannah Elliott
Engineers insist the technology is as much about getting more performance out of existing combustion engines as it is about going green.
The CrowdStrike offices in Sunnyvale, California, on Friday
BUSINESS / Tech
Jul 20, 2024
CrowdStrike update that caused global outage likely skipped checks, experts say
Faulty code resulted in one of the most widespread tech outages in recent years for companies using Microsoft's Windows operating system.
China's official app for digital yuan is seen on a mobile phone next to 100-yuan banknotes
BUSINESS / Tech / FOCUS
Jul 20, 2024
Trump’s disdain for digital dollar risks ‘Cold War era’ in money
By Maria Paula and Mijares Torres
His vow to never allow the dollar to be digitized may turn money into a new front in Trump's trade war with China.

Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
One dead, three missing as heavy rain batters Tohoku
Camera footage shows the Mogami River bursting its banks in Tozawa, Yamagata Prefecture, on Friday morning.
Yen melt-up nudges Japanese stocks into correction territory
Japanese stocks are down 10% from their July peak as the yen strengthens.
Yen rally could help end crushing wage decay in Japan
Some economists say a sticky weak yen trend would have a negative impact on Japan's real wage growth.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Terunofuji, as he tends to do, returns to stamp his authority on sumo pretenders
Terunofuji (left) throws down Kirishima on Tuesday to build on his perfect record at the Nagoya Grand Sumo Tournament.
Japanese startups advised to internationalize to get some global mojo
Entrepreneurs who participated in the Beyond Japan Zero to X program last year share their experiences in the United States during a meeting in May in Tokyo.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals
By Alex K.T. Martin

SUSTAINABLE JAPAN

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

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