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August 11, 2025
 

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A production line at Mazda's plant in Salamanca, Guanajuato state, Mexico
BUSINESS / Companies
Dec 12, 2024

Mazda’s Mexico investment to hinge on Trump’s tariff decisions

Mazda joins a growing number of auto firms that have either paused or signaled they may reconsider plans in the country.
Nippon Life Insurance, Japan’s largest insurer by assets, will buy $250 million worth of convertible notes and $300 million of preferred securities issued by TCW Group.
BUSINESS / Companies
Dec 12, 2024

Nippon Life ramps up global push with $550 million TCW deal

The announcement comes just a day after Nippon Life agreed to buy Bermuda-based Resolution Life Group Holdings for about $8.2 billion.
Chinese President Xi Jinping
BUSINESS / Economy
Dec 13, 2024

China vows bigger fiscal spending to boost consumption next year

For only the second time in at least a decade, Chinese officials made "lifting consumption vigorously” and stimulating overall domestic demand their top priority.
Containers at the Yangshan deepwater port in Shanghai earlier this year. A new trade war with the U.S. would still hurt China more as Washington can levy ever-larger import duties on its goods and further rip the Asian giant from its supply chains, analysts say.
BUSINESS / Economy
Dec 13, 2024

China eyes negotiations as Trump threatens new tariffs

Beijing is seeking to amass bargaining chips to kick off talks with a new U.S. administration on contentious aspects of its ties with Washington.
A Nippon Steel blast furnace building in Kashima, Ibaraki Prefecture, on Dec. 6
BUSINESS / Companies
Dec 14, 2024

Nippon Steel’s plan B now in focus as $14 billion U.S. deal falters

The bid for the once-fabled American company ran into a maelstrom of political opposition in the U.S. in the run-up to the presidential election.
Customers queue at a bank ATM in Lagos. Roughly 93% of total currency in circulation sits outside of banks.
BUSINESS / Tech
Dec 16, 2024

Nigeria’s dying ATMs leave a cash-shaped hole filled by agents

Roughly 93% of total currency in circulation — or 4 trillion naira ($2.6 billion) — sits outside of banks as of September.
A Taiwan High Speed Rail bullet train arrives at Nangang Station in the city of Taipei.
BUSINESS
Dec 17, 2024

Taiwan’s bullet train a testament to shinkansen’s export potential

The line runs the length of Taiwan, over mountainous, unstable territory that makes the island a perfect test bed for the fast trains.
Indian billionaire Gautam Adani attends the 51st Gems and Jewellery Awards in Jaipur, India, on Nov. 30.
BUSINESS / Companies
Dec 16, 2024

Extradition of India's Gautam Adani seems unlikely, experts say

Adani Group has called the allegations against Indian billionaire Gautam Adani "baseless" and vowed to seek "all possible legal recourse."
Kioxia Holdings will debut on the market Wednesday, but its initial public offering may get a cooler reception than anticipated.
BUSINESS / Companies
Dec 17, 2024

Chipmaker Kioxia faces a tough debut in Tokyo’s busy IPO arena

Investment in Kioxia faltered as parent Toshiba wrestled with years of scandals and crippling losses at nuclear giant Westinghouse, making it a shadow of its former self.
Nissan President and CEO Makoto Uchida (left) and Honda President and CEO Toshihiro Mibe hold a news conference in Tokyo in March. Both automakers have been working together for months on a deal of some sort.
BUSINESS / Companies
Dec 18, 2024

Honda and Nissan might combine to form world’s No. 3 auto group

Mitsubishi, which has been working closely with Nissan since 2016, also might join the grouping.
Bank of Japan Gov. Kazuo Ueda gives a press conference in Tokyo on Oct. 31.
BUSINESS
Dec 19, 2024

BOJ meets for final rate review this year as Trump risk clouds outlook

Sources have said the BOJ is leaning toward keeping interest rates steady at the two-day meeting concluding on Thursday.
Oleksandr Usyk (left) and Tyson Fury engaged in an 11-minute staredown during a news conference in Riyadh on Thursday.
MORE SPORTS / Boxing
Dec 20, 2024

Tyson Fury all business ahead of rematch with Oleksandr Usyk

Usyk beat Fury in a split decision in Saudi Arabia in May to become a four-belt undisputed heavyweight champion.
The flag of China is seen next to the elements of gallium and germanium on a periodic table.
BUSINESS / Markets
Dec 23, 2024

Tiny but vital metal markets rush to adjust to Chinese clampdown

Beijing this month slapped a ban on U.S.-bound exports of gallium, germanium and antimony in a tit-for-tat move in a technology trade war.
The Nio logo on a steering wheel of an electric vehicle at the automaker's dealership in Shanghai
BUSINESS / Tech
Dec 23, 2024

China’s Nio unveils $108,000 EV to take on Porsche and Mercedes

Once one of the brightest rising stars in China’s electric vehicle market, Nio has fallen short of sales targets, with U.S.-traded shares slumping about 50% this year.
Economic uncertainty has left some U.S. drinkers looking for ways to rein in their booze spending, according to three of the largest U.S. spirits distributors.
BUSINESS
Dec 24, 2024

Shrinking U.S. bar tabs signal little festive cheer for liquor makers

Some drinkers are switching to cheaper liquor brands and venues or reducing the amount of out-of-home celebrations they attend.
Singapore's central business district in January 2023. The city-state’s supportive digital-asset environment has been credited with making it a "safe, long-term choice” for a regional hub.
BUSINESS / Tech
Dec 24, 2024

Singapore pulls ahead of Hong Kong in race to be crypto hub

The Southeast Asian city-state doled out 13 cryptocurrency licenses in 2024 to a range of operators, more than double its awards in 2023.
People walk around the New York Stock Exchange (NYSE) on December 29, 2023. Investors are more confident about the economy than this time a year ago.
BUSINESS / Markets
Dec 25, 2024

Investors hope for U.S. stock market trifecta in 2025 after boom years

They are eyeing a solid economy supporting corporate profits, moderating interest rates and pro-growth policies from incoming President Donald Trump.
Cocoa beans are pictured next to a warehouse at the village of Atroni, near Sunyani, Ghana, on April 11, 2019.
BUSINESS / Markets
Dec 25, 2024

How a hedge fund exodus reshaped global cocoa markets 

The impact of hedge funds' exit illustrates how reliant trading has become on these lightly regulated funds that increasingly shape financial markets.
Nissan CEO Makoto Uchida and Honda CEO Toshihiro Mibe during a news conference in Tokyo on Monday
BUSINESS / Companies / ANALYSIS
Dec 25, 2024

Will Honda-Nissan tie-up deliver synergies in time to counter China?

Honda CEO Toshihiro Mibe has said the companies need to build up capabilities by 2030 or face being "beaten," but analysts question whether they have that much time.
Toyota's business is feeling the strain of intense competition over hybrid cars in the U.S. and locally made electric vehicles in China.
BUSINESS / Companies
Dec 25, 2024

Toyota sales stagnate as factory glitches compound weaker demand

Vehicle sales totaled 984,348 units last month, the Japanese automaker said Wednesday, down 0.2% year-on-year.
Bank of Japan Gov. Kazuo Ueda appears to want to keep his options open by noting the need to keep rates low to support the economy while flagging the risk of maintaining them at low levels for too long.
BUSINESS / Economy
Dec 25, 2024

Ueda avoids giving clear hint on chances of January rate hike

The Bank of Japan governor is sticking to his view that the central bank needs to keep monitoring risks for the economy.
Storage tanks at the BP Cherry Point Refinery near Blaine, Washington
BUSINESS / Companies
Dec 27, 2024

Big Oil backtracks on renewables push as climate agenda falters

The likes of BP and Shell this year sharply slowed their plans to spend billions on wind and solar power projects.
At 60, the shinkansen has been mostly stuck in Japan, with only one system ever sold overseas.
BUSINESS / Tech
Jan 1, 2025

Japan’s go-slow approach to selling high-speed rail globally

The shinkansen has been mostly stuck in Japan as competitors from Europe and China sell their own high-speed trains in an increasing number of countries.
Sales of Ibiden's AI-use substrates are robust, with customers buying up all the company can sell.
BUSINESS / Tech
Dec 30, 2024

Nvidia supplier Ibiden weighs faster expansion for AI demand

Sales of the 112-year-old company’s AI-use substrates are robust, with customers buying up all that Ibiden can sell, CEO Koji Kawashima said in an interview.
The U.S. Treasury Department said Monday that a Chinese state-sponsored actor was behind a hack resulting in access to some of its workstations earlier this month, according to a letter to Congress.
BUSINESS
Dec 31, 2024

U.S. Treasury says it was breached by Chinese hackers in 'major' incident

The hackers were able to remotely access certain Treasury workstations and "certain unclassified documents maintained by those users.”
According to Resona Bank, a glitch occurred Saturday night, making it difficult for retail customers to connect to its online banking service.
BUSINESS / Companies
Dec 31, 2024

Mizuho Bank and Resona Bank may have been hit by cyberattack

Both banks may have been hit by a distributed denial of service, in which perpetrators overload traffic by sending enormous amounts of data.
Stock market information on the floor of the New York Stock Exchange on Tuesday
BUSINESS / Markets / FOCUS
Jan 1, 2025

Investors hope for U.S. stock market trifecta in 2025 after back-to-back boom years

Investors are more confident about the economy than this time a year ago, with consumers and businesses having absorbed higher interest rates.
A Tesla Cybertruck
BUSINESS / Companies
Jan 3, 2025

Tesla annual deliveries fall for first time as incentives fail to drum up demand

CEO Elon Musk had earlier predicted "slight growth" in 2024 deliveries and offered a range of promotions including interest-free financing and free fast-charging to boost sales.
Sumitomo Mitsui Banking Corp., Nomura Holdings Inc. and SBI Holdings Inc. are among at least 20 companies that have invested in X&KSK Fund, which is set up by former national soccer star Keisuke Honda.
BUSINESS / Companies
Jan 3, 2025

Soccer star Honda’s venture capital AI fund raises $98 million

Keisuke Honda, who has scored goals in three World Cups, seeks to create a so-called decacorn in Japan — a closely held company with a market value of more than $10 billion.
A United Steelworkers sign is seen outside the Great Lakes Works United States Steel plant in River Rouge, Michigan, in September.
BUSINESS / Companies
Jan 3, 2025

Biden to block U.S. Steel sale to Nippon Steel, source says

Biden's call to block the deal was taken despite contrary efforts by some senior advisers concerned that it could hurt U.S.- Japan relations.
Tokyo’s WWII museums hold diverse views on war and peace
A carrier-based Type 52 Zero fighter marks the entrance foyer of Yasukuni Shrine's Yushukan, a museum that tells a more nuanced story of Japan's experience in World War II than the controversies around the shrine might suggest.
Japan starts survey on foreign nationals' unpaid resident taxes
In the most recent regular session of parliament, problems were highlighted regarding some foreign workers leaving Japan without paying outstanding taxes.
Summer bonuses at major Japan firms hit record
The fourth consecutive year of increase came after many firms raised their monthly wages this spring and as a result of solid earnings mainly among manufacturers.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
Weather agency warns of landslides and flooding in Kyushu as heavy rain continues
An embankment on the Amikake River that collapsed due to heavy rain in Aira, Kagoshima Prefecture, on Friday. Downpours continued in the Kyushu region over the weekend.
At Himawari Shokudo 2, Italian food with a Japanese soul
At Himawari Shokudo 2, chef Hozumi Tanaka serves Italian-inspired fare with a focus on Toyama produce, such as this appetizer of lightly blanched "hotaru ika" (firefly squid) served atop mixed wild plants and a crepe prepared from "yamato-imo" yam.
Cheer with caution: Expert advises sports fans have game plan for extreme heat
A Cardinals fan fans himself during the seventh inning of a game against the Pirates in St. Louis, Missouri, in June 2022.
Australia's warship selection signals Japanese defense industry's arrival
The Maritime Self-Defense Force's Mogami-class frigate. Australia's selection of an upgraded version of the Mogami-class warship for its next frigate class could prove to be a watershed moment for Japan’s defense industry.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
Will the movement seeking Ishiba’s resignation succeed?
Liberal Democratic Party youth division head Yasutaka Nakasone (center) and other members speak to reporters in Tokyo on July 25.

Podcast

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

Longform

Koichi Tagawa’s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person
By Naoko Abe

SUSTAINABLE JAPAN

Smile! It’s ‘Sanrio Time,’ now and ever after
Smile! It’s ‘Sanrio Time,’ now and ever after

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