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Capital gains on direct Bitcoin purchases are subject to taxes of up to 55% in Japan, making investing in stock proxies like Metaplanet via the Nippon Individual Savings Account program a cheap and convenient option for small-scale and first-time buyers.
BUSINESS / Markets
Feb 10, 2025

Bitcoin hoarder’s stock soars 4,000% in Japan on crypto rally

Shares of Metaplanet are up more than 4,000% over the past 12 months, the largest gain among all Japanese equities in that period.
On Sunday, U.S. President Donald Trump told reporters that U.S. Steel would remain American.
BUSINESS / Companies
Feb 10, 2025

Nippon Steel goes quiet after U.S. Steel deal seemingly nixed for good

Comments over the weekend by U.S. President Donald Trump and Prime Minister Shigeru Ishiba point to the U.S. steelmaker remaining American.
French President Emmanuel Macron speaks during the AI Action Summit in Paris on Monday.
BUSINESS / Tech
Feb 11, 2025

France and EU promise to cut red tape on artificial intelligence technology

European lawmakers last year approved the bloc's artificial intelligence law, the world's first comprehensive set of rules governing the technology.
The Tesla gigafactory in Austin, Texas. Nothing in Texas law would stop Tesla from launching a robotaxi service.
BUSINESS / Tech
Feb 11, 2025

Tesla robotaxis by June? Musk turns to Texas for hands-off regulation

Nothing in Texas law would stop Tesla from launching a robotaxi service.
A Good me tea store, operated by Guming Holdings Ltd., in Chongqing, China, on Saturday. The tea chain's shares began trading in Hong Kong on Wednesday.
BUSINESS / Companies
Feb 12, 2025

Hong Kong’s latest bubble tea IPO mints another billionaire

Guming Holdings' IPO has made founder Yun’an Wang a billionaire as China’s bubble tea market continues its rapid expansion.
Fredric Gushin, president and CEO of Spectrum Gaming Group
BUSINESS
Feb 12, 2025

Thailand's big casino gamble hangs on fine print of regulations

Experts warn success will come only by playing its cards right on regulation.
A Nissan Motor X-Trail vehicle at the company's showroom in Tokyo's Ginza district
BUSINESS / Companies
Feb 12, 2025

Foxconn signals interest in buying Renault's stake in Nissan

The company has approached both Renault and Nissan about potential cooperation.
Cargo ships full of shipping containers are seen at the port of Oakland, California, on Feb. 3 as trade tensions escalate over U.S. tariffs
BUSINESS / Economy
Feb 13, 2025

Trump says he will sign reciprocal tariffs order soon, as trade war fears mount

Trump's latest round of market-rattling tariffs comes as Indian Prime Minister Narendra Modi is due to visit the White House on Thursday.
Sony has prioritized acquiring more content and intellectual property rights at a time when the company’s hardware efforts are stagnating.
BUSINESS / Companies
Feb 13, 2025

Sony lifts forecast on expectations of game and music improvement

Sony has prioritized acquiring more content and intellectual property rights at a time when the company’s hardware efforts are stagnating.
This is the 12th straight year that labor unions of major electronics firms have demanded pay scale hikes.
BUSINESS
Feb 13, 2025

Japan electronics unions demand wage hike of ¥17,000

The focus is on whether employers will agree to raise pay significantly as in recent years to ensure that wages rise faster than prices.
A special police member monitors a protest, while inside the Consumer Financial Protection Bureau (CFPB) building, a day after members of the Department of Government Efficiency (DOGE) led by billionaire entrepreneur Elon Musk moved into the CFPB, in Washington last Saturday.
BUSINESS / Markets
Feb 14, 2025

Rapid unraveling of U.S. consumer watchdog leaves financial firms in limbo

The Consumer Financial Protection Bureau may be reviled by the industry, but its abrupt undoing is causing upheaval among those it regulates.
TikTok had more than 52 million downloads in 2024, according to Sensor Tower.
BUSINESS / Tech
Feb 14, 2025

TikTok returns on Apple and Google U.S. app stores as Trump delays ban

TikTok is back in U.S. app stores after Trump delayed a ban and assured Apple and Google they wouldn’t be penalized.
The U.S. Steel Mon Valley Works Edgar Thomson Plant in Braddock, Pennsylvania.
BUSINESS / Companies
Feb 14, 2025

Nippon Steel wants 100% of U.S. Steel, not a minority stake, report says

Last week, the deal appeared effectively dead after a meeting between Prime Minister Shigeru Ishiba and U.S. President Donald Trump.
Sydney-based Minotaur Capital outperformed the global stock market in its first six months while slashing research costs by using AI.
BUSINESS / Markets
Feb 14, 2025

Hedge fund startup that replaced analysts with AI beats the market

Minotaur Capital, which has no analysts on staff, returned 13.7% in the six months ending January versus 6.7% for the MSCI All-Country World Index.
Bain Capital said in a statement on Monday that it won’t implement a tender offer for Fuji Soft after deciding not to increase the price.
BUSINESS / Companies
Feb 17, 2025

Bain ends tussle with KKR for Fuji Soft by giving up bid

The public battle underscored how quickly the private equity landscape has been changing in Japan.
Japan’s robo-adviser market, estimated to be worth around ¥3 trillion, has massive room for growth, says the CEO of robo-adviser Folio Holdings.
BUSINESS
Feb 18, 2025

SBI-backed Japan robo-adviser Folio targets swing to profit and IPO

Japan’s robo-adviser market is estimated to be worth around $19.8 billion.
The Grok-3 artificial intelligence chatbot has "more than 10 times” the computing power of its predecessor, billionaire Elon Musk said in a presentation alongside three engineers from xAI, his AI startup, on Monday.
BUSINESS / Tech
Feb 18, 2025

Musk debuts Grok-3 AI chatbot to rival OpenAI and DeepSeek

Grok-3 beats its rivals across math, science and coding benchmarks, the chatbot's developer says.
Prime Minister Shigeru Ishiba said that the situation surrounding Nippon Steel and U.S. Steel has improved under U.S. President Donald Trump.
BUSINESS / Companies
Feb 18, 2025

Ishiba questions the politics of Nippon Steel-U.S. Steel deal rejection

The "unjust political interference” was difficult to understand, the prime minister said, but he indicated that the situation has improved under Trump.
Sapporo beer
BUSINESS / Companies
Feb 18, 2025

Activist fund criticizes Sapporo after ‘acquisition failures’

The Singapore-based investment fund censured the management over "impairment losses on all of its overseas alcoholic beverage acquisitions.”
Murata Manufacturing President Norio Nakajima
BUSINESS / Companies
Feb 19, 2025

IPhone parts maker Murata eyes supply chain shift toward India

The company sees growing demand in India and is running simulations for what it would take to dial up its pace of investment there.
Norinchukin Bank Chief Executive Officer Kazuto Oku
BUSINESS / Companies
Feb 19, 2025

Norinchukin CEO plans to resign after massive bond losses

Norinchukin reported wider losses this month as it boosted investments in riskier leveraged loans and sought additional capital.
Rail wagons loaded with iron ore move along a rail track at Rio Tinto's rail yard operations in Karratha, Western Australia.
BUSINESS / Companies
Feb 19, 2025

Mitsui to buy stake in Australian iron ore mine for $5.3 billion

The move is a bet that the global steel industry will need high-quality raw materials to support its push to go green.
After U.S. President Donald Trump said he plans to impose tariffs of 25% on automobile imports to the United States, Japanese automakers are cautiously looking for ways to handle the situation.
BUSINESS / Companies
Feb 19, 2025

Major Japanese automakers wary of Trump tariffs

The U.S. president says he plans to impose tariffs of 25% on automobile imports to the U.S., though he has not said which countries would be subject to them.
Resonac Holdings CEO Hidehito Takahashi
BUSINESS / Companies
Feb 19, 2025

Resonac explores deal structures for possible JSR takeover

A deal would be a key step in the chemicals maker’s ambition to corner the Japanese artificial intelligence semiconductor materials market.
The scramble to take Fuji Soft private is rooted in the value of the software company’s trove of human resources and real estate.
BUSINESS / Companies
Feb 20, 2025

KKR wins control of $4.4 billion Fuji Soft after Bain clash

KKR aims to acquire the remaining shares in the software company through a squeeze-out process.
Some 61.9% of over 11,000 surveyed companies intend to pledge pay increases as part of annual wage negotiations culminating in March, according to a survey by Teikoku Databank.
BUSINESS / Companies
Feb 20, 2025

Record percentage of Japanese firms plan wage hikes, survey shows

Some 61.9% of over 11,000 surveyed companies intend to pledge pay increases as part of annual wage negotiations culminating in March.
Nissan in recent weeks has been searching for a strategic partner in the tech industry, with some board members suggesting Tesla and Apple as ideal targets, the Financial Times reported.
BUSINESS / Companies
Feb 21, 2025

Japan seeks Tesla investment in Nissan as Foxconn approaches Honda

Taiwan's Foxconn has reportedly proposed forming a partnership with Honda, aiming for a framework that would also include Nissan and Mitsubishi Motors.
Visitors listen to a keynote address at Consensus, a cryptocurrency event in Hong Kong on Feb. 15.
BUSINESS / Tech
Feb 23, 2025

Hong Kong and Singapore lead Asia's drive to cash in on crypto boom

Bitcoin recently hit a record of close to $110,000 while others have also rallied on the back of Trump's pro-crypto promises.
U.S. President Donald Trump has in recent days rolled out a memorandum telling a key government committee to curb Chinese spending on tech, energy and other strategic American sectors.
BUSINESS / Economy
Feb 24, 2025

Trump targets China with biggest salvo so far in second term

In recent days, U.S. President Donald Trump has rolled out a memorandum telling a key government committee to curb Chinese spending on tech, energy and other strategic sectors.
There’s keen interest in the market on whether Japan’s regional banks will pour back into benchmark 10-year notes, whose yields jumped to the highest levels since 2009 in Tokyo trading on Friday.
BUSINESS / Companies
Feb 25, 2025

One of Japan's top regional banks holds JGB buying on bet rates to climb

There’s keen interest in the market on whether Japan’s regional banks will pour back into benchmark 10-year notes.

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