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November 10, 2025
 

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Google is appealing an Aug. 5 ruling that it illegally monopolized the markets of online search and search text ads but the presiding judge has ordered the start of plans for the second phase of the case, which will involve the government’s proposals for restoring competition, including a possible breakup request.
BUSINESS / Companies
Aug 14, 2024

U.S. considers a rare antitrust move: breaking up Google

If the breakup plan proceeds, the most likely units for divestment are the Android operating system and Chrome web browser.
Prime Minister Fumio Kishida leaves at the end of a news conference, in which he announced he is stepping down, at the Prime Minister's Office in Tokyo on Wednesday.
BUSINESS / Markets
Aug 14, 2024

Kishida's shock announcement shakes already unsettled Japanese markets

The prime minister's decision to step down follows the Bank of Japan's surprise rate hike just two weeks earlier.
People walk along Takeshita street at Harajuku shopping area in Tokyo
BUSINESS / Economy
Aug 15, 2024

Japan's economy rebounds strongly on consumption boost, backing case for more rate hikes

The Bank of Japan had forecast that a solid economic recovery will help inflation hit its 2% target and justify raising interest rates further.
The Shein logo adors the company's first pop-up store in Johannesburg, South Africa, on Aug. 2.
BUSINESS / Companies
Aug 15, 2024

Seoul authorities find toxic substances in Shein and Temu products

The explosive growth has led to increased scrutiny of their business practices and safety standards, including in the EU and South Korea.
Tourists at a water fountain at the Acropolis archaeological site during extreme hot weather conditions in Athens in July 2023.
BUSINESS
Aug 16, 2024

Extreme weather drives travelers to cooler destinations this summer

Cruise operators, hotel companies and airlines are adding trips and accommodations to meet rising demand for temperate destinations.
Fukuoka Financial Group President Hisashi Goto
BUSINESS / Companies
Aug 16, 2024

Regional bank that hired JPMorgan’s Japan strategist seeks more

Fukuoka Financial Group is seeking specialists in alternative investment and equities as it faces pressure to boost returns for shareholders.
The central and Tokyo governments, which own 100% of Tokyo Metro, expect to receive approval for the firm's listing from the Tokyo Stock Exchange as soon as mid-September, sources said.
BUSINESS / Companies
Aug 19, 2024

$4.7 billion valuation for Tokyo Metro targeted in IPO, sources say

Tokyo Metro could have Japan's biggest initial public offering in roughly six years.
A recruiter holding a placard advertising jobs talks to young men at an unofficial job market in the suburbs of Beijing.
BUSINESS / Economy / FOCUS
Aug 21, 2024

China's rising youth unemployment breeds new working class

Millions of graduates are being pushed into a tough bargain, with some forced to accept low-paying work or even subsist on their parents' pensions.
Former Morgan Stanley CEO James Gorman will lead the committee searching for a successor to Disney CEO Bob Iger.
BUSINESS / Companies
Aug 22, 2024

Disney names James Gorman to lead CEO succession planning effort

Disney is weighing both internal and external candidates to succeed Bob Iger.
The yen's rebound is clouding an outlook for Japanese firms' earnings that have enjoyed a boost from the weak yen.
BUSINESS / Companies
Aug 22, 2024

Yen’s rebound threatens earnings growth in Japan

Weak demand in China and the risk of a slowing U.S. economy are fueling worries about how sustainable their earnings growth will be.
Bank of Japan Gov. Kazuo Ueda is scheduled to respond to questions from lawmakers in parliament on Friday.
BUSINESS / Economy
Aug 22, 2024

BOJ governor set to face intense scrutiny after market chaos

Gov. Kazuo Ueda will respond to questions from lawmakers in the Lower House on Friday morning, and those in the Upper House in the afternoon.
An employee pulls a trolley containing boxes of LD Ultra-Slim cigarettes ready for shipping at the Japan Tobacco cigarette plant in the town of Senta in Serbia. JT Group is buying U.S. discount cigarette-maker Vector Group.
BUSINESS / Companies
Aug 22, 2024

JT Group plans to buy U.S. cigarette-maker Vector for ¥348.6 billion

The move will address a loss of anticipated growth due to Russia's war in Ukraine, and will boost Japan Tobacco's U.S. market share from 2.3% to about 8%.
Shoppers outside a Sephora store in Vancouver on Aug. 15
BUSINESS / Companies
Aug 22, 2024

LVMH’s Sephora cuts around 10% of staff in China as its woes deepen

While Sephora has expanded to some 300 stores since entering China in 2005, the country is increasingly difficult for higher-end retailers to navigate.
Seven & I Holding’s logo is seen at a 7-Eleven convenience store in Tokyo on Aug. 19. Apart from 7-Eleven, Seven & I also owns, has stakes in or operates a number of other iconic properties, including Denny’s, Tower Records and Ito-Yokado.
BUSINESS / Companies
Aug 22, 2024

Japan warms to audacious Canadian bid for 7-Eleven operator

The deal might just work if Alimentation Couche-Tard lets the convenience store chain get on with business and continue to develop and expand globally.
Ebenezer Agyarko tends to his cocoa plantation in Kwabeng, north of Accra, the capital of Ghana.
BUSINESS / Markets
Aug 22, 2024

Chocolate prices unlikely to decline even as African cocoa harvest improves

Issues that have long hobbled the industry remain, meaning bean prices aren’t likely to fall back to previous levels.
A boy pushes a biped robot developed by LimX Dynamics at the World Robot Conference in Beijing on Wednesday.
BUSINESS / Tech
Aug 23, 2024

China's robot makers chase Tesla to deliver humanoid workers

The Asian giant's push into the emerging industry draws from the formula behind its initial electric vehicle drive more than a decade ago.
Tepco employees serve scallops at an event in Tokyo last month.
BUSINESS
Aug 25, 2024

Japan scallop exports shifting away from China dependence

The efforts led to increases in scallop exports to the United States and other markets, highlighting the scallop supply chain's shift away from China.
Trains at a yard in Calgary, Alberta, after Teamsters union workers were locked out by Canadian Pacific Kansas City.
BUSINESS
Aug 25, 2024

Canada rail employees ordered back to work

The disputes centered around workers' concerns over long hours and fatigue, leading to dangerous working conditions.
Sarvam AI, often described as India’s OpenAI, introduced software for businesses that can interact with customers using spoken voice rather than just text.
BUSINESS / Tech
Aug 26, 2024

Cheap AI voice bots are suddenly everywhere in India

Startups may turn India into a proving ground for what could be the next frontier of generative artificial intelligence products.
A Canadian retailer's bid to buy the operator of 7-Eleven convenience stores follows the introduction last year of government guidelines on mergers and acquisitions instructing companies to seriously consider takeover offers.
BUSINESS / Companies / ANALYSIS
Aug 27, 2024

Seven & I takeover proposal tests Japan’s evolving investor-friendly stance

The proposed purchase of the convenience store operator follows government guidelines instructing companies to seriously consider takeover offers.
A Couche-Tard convenience store in Montreal. Canadian retailer Alimentation Couche-Tard has made a preliminary non-binding proposal to buy 7-Eleven owner Seven & I Holdings.
BUSINESS / Companies
Aug 27, 2024

Couche-Tard might finance Seven & I takeover with debt

A leveraged acquisition would be feasible because of the Japanese company's strong cash flow, people familiar with the Canadian retailer’s thinking said.
Nvidia CEO Jensen Huang said Japan should develop its own generative AI.
BUSINESS / Companies
Aug 27, 2024

Nvidia to support development of AI based on Japanese language data

The move is seen helping local efforts to protect critical infrastructure and strengthen industrial competitiveness without relying on other countries.
The surprise 19% price increase comes even as PlayStation 5 sales have slowed.
BUSINESS / Companies
Aug 27, 2024

Sony hikes PlayStation 5 price in Japan citing cost volatility

The surprise move comes even as PS5 sales have slowed and Sony is widely expected to refresh its offering with a revamp of the console in coming months.
Bank of Japan Deputy Governor Ryozo Himino
BUSINESS / Economy
Aug 28, 2024

BOJ deputy governor sees rate hike justified if outlook realized

Bank of Japan Deputy Gov. Ryozo Himino's comments underscore the central bank's basically unchanged stance following ructions in the financial markets.
Japanese workers in their 40s and 50s — known as the "lost generation" — saw their wages rise slightly in the second quarter.
BUSINESS / Economy
Aug 29, 2024

Japan’s 'lost generation' gets a raise, and the economy, a small boost

The pay bump in the second quarter is vitally important to the economy, as consumption by Japanese workers in their 40s and 50s is an important driver of growth.
Kirin Holdings President Takeshi Minakata at the company's headquarters in Tokyo on Wednesday
BUSINESS / Companies
Aug 29, 2024

Kirin clinched Fancl takeover to propel health pivot, president says

Fancl fits into a health science portfolio that Kirin aims to grow into a new pillar of the group.
Tomy's "Photogenic LiccA" dress-up dolls are exhibited at the International Tokyo Toy Show 2024 that opened Thursday.
BUSINESS / Companies
Aug 29, 2024

Toys targeting 'kidults' featured at Tokyo Toy Show 2024

About 35,000 toy items from 190 Japanese and foreign companies are being showcased at International Tokyo Toy Show 2024.
Attendees play the For All Time mobile game on smartphones at the NetEase Games booth at the Tokyo Game Show in the city of Chiba in September last year.
BUSINESS / Companies
Aug 30, 2024

Tencent and NetEase rethink Japan approach as game strategy stalls

The companies are reconsidering or scaling back many of their investments in Japanese studios, after years of spending yielded few hit games.
Ryobi Holdings has hired Kyosuke Suzuki, a former currency trader at Societe Generale, to set up an artificial intelligence-powered hedge fund specializing in forex.
BUSINESS / Companies
Sep 3, 2024

Bus group Ryobi sets up forex fund to survive population fall

The move follows its previous investments in real estate, supermarkets and other areas as it tries to secure funds to maintain its bus fleet and grow.
The logo of German carmaker Volkswagen at the main plant of the group in Wolfsburg, northern Germany, in March 2022. German automotive giant Volkswagen said Monday that it could close production sites in Germany as the auto industry struggles to manage rising costs.
BUSINESS / Companies
Sep 3, 2024

Volkswagen weighs first-ever German plant closures amid EV transition woes

Profit margins at the carmaker's underperforming passenger car brand are getting squeezed amid the shift to EVs and a consumer spending slowdown.
Tsunami threat passes following magnitude 6.9 quake off Iwate
A tsunami advisory was issued for Iwate Prefecture on Sunday evening following a strong earthquake. The advisory was later called off, after waves measuring 20 centimeters were recorded in some areas.
The Toyota buyout is a major test for Japan’s reforms
Akio Toyoda, chairman of Toyota Motor, speaks during a media preview at the Japan Mobility Show in Tokyo on Oct. 29. Minority investors are challenging the carmaker's bid to take affiliate Toyota Industries Corp. private.
From France to Mali, a deportee's struggle far from home
Moussa Sacko, a Malian deported from France — where he had lived since he was a young child — stands on a street in Bamako, Mali, in December. Compared with his home in France, Bamako feels like a different planet, Sacko said.
Takaichi plans pay cuts for herself and her ministers
Prime Minister Sanae Takaichi chats with her Cabinet members in parliament in Tokyo on Tuesday.
Mother of Thai girl forced into sex work in Tokyo detained in Taiwan
The Metropolitan Police Department headquarters in Tokyo's Chiyoda Ward
Jenson Button brings end to an illustrious racing career intertwined with Japan
Jenson Button races for Honda during the Singapore Grand Prix in September 2008.
Cleanliness gets competitive at Tokyo’s Spogomi world cup
On Oct. 29, teams from 33 qualifying countries scoured the streets of Shibuya for all manners of trash as part of the Spogomi litter-picking competition.
Jon Homewood: ‘There’s beauty in what we throw away’
After a peripatetic childhood around the world, teacher and artist Jon Homewood ended up coming to Japan in 2012 for a professional opportunity.
Yokozuna duo Onosato and Hoshoryu poised for another clash of titans
Yokozuna duo Onosato (right) and Hoshoryu clash for the title on the final day of the Autumn Grand Sumo Tournament on Sept. 28 at Ryogoku Kokugikan.
High-speed rail is expensive and difficult, but seen as a key to growth
Achal Khare, former managing director at India’s National High Speed Rail Corporation, gives a presentation during the IHRA Forum 2025 in Tokyo on Oct. 23.

Podcast

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

Longform

Bear attacks have dominated Japanese news headlines in recent months, with 13 people so far having been killed by the animals.
Japan’s bears have been on their killing spree for more than 100 years
By Yukana Inoue

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Foreign wrestlers have a long history in sumo
Foreign wrestlers have a long history in sumo

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