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May 02, 2025
 

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U.K. Prime Minister Keir Starmer's special adviser on business, Varun Chandra, used to run Hakluyt, a consultancy that does not disclose its clients.
WORLD / Politics
Sep 27, 2024

Starmer’s ‘business whisperer’ brings connections and complications from past

Varun Chandra‘s previous role in charge of a secretive consultancy introduces a complexity to a government that’s vowed to rebuild trust in public institutions.
Tokyo Metro is seeking to raise at least ¥319.6 billion at a time when the nation’s equity market is showing signs of recovery.
BUSINESS / Companies
Oct 8, 2024

Tokyo Metro unveils range for biggest Japan IPO since 2018

The price range of ¥1,100 to ¥1,200 values the subway operator at between ¥639.1 billion and ¥697.2 billion.
Attendees stand in front of the Google Play booth during the Tokyo Game Show in September 2018 in Chiba.
BUSINESS / Companies
Oct 8, 2024

Google Play must allow rival Android app stores, judge rules

Epic Games argued that Google Play rules and fees stifled competition and blocked app marketplaces launched by developers.
Seven & I had been under pressure from activists and other investors for years to narrow its focus on its crown jewel: 7-Eleven and other convenience stores.
BUSINESS / Companies
Oct 10, 2024

Seven & I to embrace 7-Eleven name as it sheds noncore businesses

The plans accelerate restructuring efforts in the face of an unsolicited ¥7 trillion takeover proposal from Alimentation Couche-Tard.
Seven & I Holdings essentially unveiled a plan to split in two.
BUSINESS / Companies
Oct 11, 2024

Seven & I to split in two to fend off Couche-Tard takeover bid

The big question is if the move will be enough to win over any investors warming to Couche-Tard’s approach.
Thursday night's electronic dance music-infused event had the signature trappings of Elon Musk's salesmanship, but some Tesla investors and experts said they were hoping for more concrete details.
BUSINESS / Tech
Oct 12, 2024

Tesla's robotaxi event was long on Musk promises. Investors wanted more details.

Concrete details on how the company plans to transform from an automaker into an autonomous driving and artificial intelligence titan were missing.
The success of Seven & I's major restructuring plan depends on the retailer's ability to roll out a new store format in Japan, and improve profit margins overseas, analysts say.
BUSINESS / Companies / ANALYSIS
Oct 15, 2024

7-Eleven's turnaround plan requires heavy lifting to stop takeover bid

Much depends on the retailer's ability to roll out a new store format in Japan and improve profit margins overseas.
Pagers on display at a meeting room at the Gold Apollo company building in New Taipei City, Taiwan, on Sept. 18
WORLD
Oct 17, 2024

How Hezbollah came to possess bulky pagers with concealed explosives

The pager attack, and a second on the following day that activated weaponized walkie-talkies, killed 39 people and wounded more than 3,400.
The Hong Kong skyline on Jan. 3, 2022. In 2018, Hong Kong received a record 65 million tourists. In 2023, it welcomed a little more than half that.
BUSINESS
Oct 17, 2024

Tourism has rebounded worldwide but not in Hong Kong.

The rebound of international travel to the city continues to lag far behind the tourist activity reported at most other Asian destinations.
Ticket vending machines at a Tokyo Metro subway station. Tokyo Metro's network connects with nine of the 10 busiest stations in the capital.
BUSINESS / Companies
Oct 22, 2024

Tokyo Metro might be too much railroad for some investors

With over 80% of its operating profit coming from carrying passengers on trains, critics are concerned about its nonrailway business.
Taiwan Semiconductor Manufacturing Company notified the U.S. that one of its chips had been found in a Huawei product, revealing a possible violation of export restrictions on the Chinese company.
BUSINESS / Tech
Oct 23, 2024

TSMC told U.S. of chip in Huawei product after TechInsights finding, source says

The revelation could show how difficult enforcing export controls can be for both companies making highly desired products and regulators.
Flames leap out of an oven where rare-earth-based chemicals are roasted for more than 20 hours, in Changshu, China.
BUSINESS / Tech
Oct 27, 2024

China tightens its hold on minerals needed to make computer chips

The country already produces nearly all the world’s supply of these materials. The new restrictions solidify that market dominance.
Kunihiro Tanaka, CEO of Sakura Internet, says the firm's data center under construction in Hokkaido will likely be fully booked by the time it comes online in three years.
BUSINESS / Companies
Oct 31, 2024

Sakura Internet loads up on Nvidia gear for data center project

Sakura’s current capacity is now fully booked, with a waiting list that extends for years.
People demonstrate in Sydney in March 2021 in response to the treatment of women in politics as part of the Women's March 4 Justice, a series of protest events.
COMMENTARY / World
Nov 8, 2024

Entrenched sexism is very Australian. Let’s uproot it

Australia, despite its progressive history on women’s rights and high levels of female education, is slipping in global gender gap rankings.
U.S. President Joe Biden announces a preliminary agreement with Intel for a major CHIPS and Science Act award, during a visit to the Intel Ocotillo Campus, in Chandler, Arizona, in March.
BUSINESS / Tech / FOCUS
Nov 9, 2024

Trump’s win sets off race to complete chip subsidy deals

The Biden administration is aiming to shore up one of its signature initiatives before President-elect Donald Trump enters the White House.
Nippon Steel Chairman and CEO Eiji Hashimoto told a local weekly that a lawsuit is possible if the company's proposed buyout of U.S. Steel gets blocked without proper procedures being followed.
BUSINESS / Companies
Nov 13, 2024

Nippon Steel does not rule out lawsuit if U.S. Steel deal nixed, CEO says

If the deal falls through without a legitimate reason or proper procedures, the Japanese steelmaker would consider suing the U.S. government, CEO Eiji Hashimoto says.
A poster in the Tamil language advertises smartphone assembly roles outside a shop in Sriperumbudur, near Chennai, in India, on Oct. 28.
BUSINESS / Companies
Nov 18, 2024

Foxconn tells India recruiters: Nix marital status in iPhone job ads

The move follows an investigation published June 25 that found Foxconn excluded married women from jobs at its main India iPhone assembly plant.
Funding for the proposed buyout of Japan's Seven & i Holdings by its founding family will be finalized by the end of December, sources say.
BUSINESS / Companies
Nov 21, 2024

Seven & I buyout funding to be finalized by next month, sources say

The retailer is caught in a three-way tug-of-war between a foreign suitor, its founding family and company management.
Howard Lutnick, Chairman and CEO of Cantor Fitzgerald, gestures as he speaks during a rally for then-Republican presidential nominee Donald Trump at Madison Square Garden in New York on Oct. 27.
WORLD / Politics
Nov 21, 2024

Lutnick's China ties draw fire after Trump taps him for U.S. trade roles

The ties raise questions about whether Lutnick could be unduly influenced by Beijing when making decisions as U.S. trade representative and commerce secretary.
Zoom Video Communications has failed to impress investors with its latest sales forecast, who were expecting a bigger boost from the company’s expanded suite of products. An ongoing loss of consumers and small businesses from Zoom has also concerned investors, particularly since these customers are typically higher-margin than corporate clients.
BUSINESS / Tech
Nov 26, 2024

Zoom fails to impress investors with sales forecast for expanded lineup

While Zoom’s outlook met estimates, the stock had gained about 48% since the company’s last earnings report in August on optimism about the new products.
Emissions rise from the Royal Dutch Shell Plc Norco Refinery in Norco, Louisiana, on June 12, 2020.
ENVIRONMENT / Energy
Nov 27, 2024

How AI and cloud computing may delay the transition to clean energy

The pace of clean-energy deployments is moving too slowly to keep up with the new technology's demands.
Packages move along a conveyor belt at an Amazon warehouse
BUSINESS / Companies
Nov 27, 2024

Japan investigating Amazon for allegedly bullying other businesses

Tactics allegedly employed by the retailer involve the squeezing of business partners in exchange for visibility.
Elliott Investment Management's stake in Tokyo Gas is centered around getting the utility to sell off its real estate holdings, including Shinjuku Park Tower, which houses the Park Hyatt Hotel Tokyo.
BUSINESS / Companies
Nov 28, 2024

Real estate worth ¥25 trillion puts Japan companies in spotlight

The hidden value of property on corporate balance sheets is a theme behind some of the biggest activist campaigns and mergers and acquisitions in Japan.
Shiho Hanadate is part of a small yet growing number of young tappers pivotal in securing the future of domestic sap collection used in Japanese lacquerware.
LIFE / Lifestyle
Nov 30, 2024

The young sap collectors underpinning Japanese lacquerware

“You can’t cut into the core, so you have to judge the thickness of the bark,” says tapper Shiho Hanadate. “You have to develop a sense for it.”
Hiroyuki Fukuda is due to become the new president of Nippon Television Holdings in April.
BUSINESS / Companies
Nov 30, 2024

Four Nippon TV affiliates to integrate management in April

The aim of the merger is to stabilize their business base and address the increasingly tough business environment resulting from media diversification.
Hyogo Gov. Motohiko Saito greets supporters upon his arrival at the Hyogo Prefectural Government office in Kobe on Nov. 19.
JAPAN / Politics
Dec 2, 2024

Lawsuit filed over Hyogo governor's alleged election law violation

A lawyer for Saito said that the president of a public relations company had engaged in activities as a volunteer, other than five items including making posters.
While FromSoftware's Elden Ring: Shadow of the Erdtree is a strong contender for game of the year, Black Myth: Wukong, the first AAA game made by a Chinese developer, offers some stiff competition.
LIFE / Digital / 2024 in Review
Dec 6, 2024

It’s Japan versus China for 2024’s game of the year

Elden Ring: Shadow of the Erdtree and Black Myth: Wukong both have a claim to the best game of 2024, a year marked by cultural scandals and lawsuits.
Filipino housekeepers undergo training to work for a Japanese staffing company. By applying the same criteria when hiring overseas and local workers, Japanese firms tend to underutilize the unique skills that foreign nationals can bring.
COMMENTARY / Japan
Dec 8, 2024

Firms should quit turning foreign workers into Japanese ones

Many foreign nationals struggle with the idiosyncrasies of Japan's employment system. Firms tend to assimilate overseas personnel rather than utilize their unique skills.
A smartphone with a displayed Nvidia logo is placed on a computer motherboard in this illustration taken March 6, 2023.
WORLD / Politics
Dec 10, 2024

Nvidia hit with China probe in global tech war escalation

The move against Nvidia is Beijing’s latest riposte to escalating U.S. technology curbs.
X owner Elon Musk and U.S. President-elect Donald Trump attend a viewing of the launch of a SpaceX test flight on Nov. 19.
WORLD / Politics
Dec 10, 2024

Trump is on collision course with EU over big tech crackdown

In the coming months, several U.S. tech companies could face billions in fines or even mandatory divestment orders from EU investigations.
Nearly half of workers in Japan engage in ‘quiet quitting’
"Quiet quitting" is most common among the younger generation, with 46.7% of respondents to a survey in their 20s identifying with the practice, reflecting a less-motivated workforce more focused on work-life balance.
Israel protests after Kyoto inn seeks war crime declaration from tourist
A street in Kyoto in March 2023. An Israeli tourist was asked to sign a document stating that he had not committed war crimes when he checked in at a Kyoto guesthouse in April, prompting a response from Israel's ambassador.
U.S. and Ukraine sign resources deal after fraught negotiations
The United States and Ukraine signed a minerals deal on Wednesday, offering a measure of assurance to officials in Kyiv.
Puzzling decisions and opaque rankings are all part of sumo's charm
Chiyoshoma (right) battles Churanoumi during the New Year Basho in Tokyo in January. The Mongolian's drop down the sumo rankings ahead of the May tournament was one of the biggest surprises of the latest banzuke.
If the 'Big One' hits, this city could face a 31-meter-high tsunami
A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
CDP submits bill proposal on separate surnames, but challenges remain
Constitutional Democratic Party of Japan lawmakers speak to reporters in parliament on Wednesday after submitting a bill in the Lower House to allow married couples to retain different surnames.
Puzzling decisions and opaque rankings are all part of sumo's charm
Chiyoshoma (right) battles Churanoumi during the New Year Basho in Tokyo in January. The Mongolian's drop down the sumo rankings ahead of the May tournament was one of the biggest surprises of the latest banzuke.
North Korea's Kim sets sights on nuclear-armed navy
An unidentified weapons system is fired from the deck of North Korea's latest destroyer, the Choe Hyon, during two days of tests on Monday and Tuesday in this undated photo released Wednesday.
Single, or not? Japanese dating app launches relationship verification system
Tapple, one of Japan's most popular dating apps, has launched the nation's first feature to verify a user's single status via their My Number card.
Counting the reasons why there are so few American cars in Japan
Tesla's store in Tokyo's Shibuya district. While sales of American cars in Japan appear to be shrinking, Tesla's presence in the country is growing.

Podcast

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

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami
By Alex K.T. Martin

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