Search - business

 
 
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.
Warren Buffett's plans to increase holdings in Japanese trading houses are seen as a stamp of approval for the undervalued sector.
BUSINESS / Markets
Feb 25, 2025

Buffett’s fervor for Japan trading firms sparks share rally

Buffett praised Japan’s trading firms for increasing dividends when appropriate and for being less aggressive in their executive pay than U.S. counterparts.
An Apple store in Walnut Creek, California, on Monday. Apple Inc. Apple investors rejected a proposal to end the iPhone maker’s diversity, equity and inclusion efforts, but CEO Tim Cook some some adjustments may occur.
BUSINESS / Tech
Feb 26, 2025

Apple to keep DEI efforts, though some adjustments possible

The proposal to abolish DEI efforts came after competitors like Meta and Google have started winding down such programs.
A 7-Eleven convenience store, operated by Seven & I Holdings, in Tokyo
BUSINESS / Companies
Feb 26, 2025

Seven & I buyout talks stall over management control

The founding Ito family and Itochu have yet to reach consensus on the composition of the board of the post-buyout entity, sources said.
A drone to shoot videos from the sky of customers at tourist spots, in Tokyo's Chuo Ward on Wednesday
BUSINESS / Companies
Feb 27, 2025

Japanese firms to offer drone video-shooting services for tourists

The three companies plan to launch the services at a national park on Shodo Island in Kagawa Prefecture on Aug. 1.
Consumer prices excluding fresh food in the capital rose 2.2% in February from a year earlier, the internal affairs ministry said Friday.
BUSINESS / Economy
Feb 28, 2025

Tokyo inflation slows slightly more than expected on subsidy impact

Consumer prices excluding fresh food in the capital rose 2.2% in February from a year earlier, according to the internal affairs ministry.
Toshinori Yashiki, director-general of the Financial Services Agency’s strategy development and management bureau, speaks during an interview on Thursday.
BUSINESS / Economy
Feb 28, 2025

Japan to crack down on booming market for JGB-backed loans

The Financial Services Agency will scrutinize banks that have increased purchases of Japanese government bonds that are repackaged into loans over the past year.
The roll-out of accent translation is part of a bigger push by Teleperformance to invest up to €100 million ($104 million) in AI partnerships this year.
BUSINESS / Tech
Mar 1, 2025

Teleperformance uses AI to ‘neutralize’ Indian accents among staff

The roll-out of accent translation is part of a bigger push by Teleperformance to invest up to €100 million ($104 million) in AI partnerships this year.
Shoppers walk through a shopping area in Shanghai. China's household spending is less than 40% of annual economic output, some 20 percentage points below the global average.
BUSINESS / Economy / ANALYSIS
Mar 1, 2025

China urged to think big, go hard on reviving battered consumption

With China's consumer support focusing on subsidies rather than reforms, pressure is growing on Beijing for policies with a longer-term impact.
The government plans to make it easier for urban workers to get side jobs in regional areas.
BUSINESS / Companies
Mar 2, 2025

Government to help regional firms hire urban workers for side jobs

The subsidies are part of a program that matches corporate workers with struggling small and midsize companies in regional areas.
An image of the next-generation E10 bullet train that is expected to be put into commercial service between Tokyo and the Tohoku region in fiscal 2030
BUSINESS / Companies
Mar 5, 2025

JR East to develop E10 series shinkansen train

JR East aims to put the next-generation shinkansen series into commercial service in fiscal 2030, with each E10 train having 10 cars.
The health ministry issued a business improvement order to a medical clinic in Fukuoka, saying a range of stem cell treatments it offers violate the law on the safety of regenerative medicine.
JAPAN / Science & Health
Mar 5, 2025

Fukuoka clinic issued business improvement order over stem cell treatments

The clinic offers various stem cell treatments without the prior submission of its plans to the authorities, the health ministry said.
Bank of Japan Deputy Gov. Shinichi Uchida
BUSINESS / Economy
Mar 5, 2025

BOJ’s deputy chief hints at more rate hikes, without rushing

The remarks come as BOJ watchers look for hints that the next upward move could come earlier than the view that projects the move will come in the summer.
"It is an expanding field. We need more people,” said Kaoru Onishi, head of the global product division at Nissay Asset Management.
BUSINESS / Companies
Mar 6, 2025

Nissay Asset ramps up hiring as alternative investment booms

Japanese asset managers are trying to boost returns at a time when policymakers are encouraging households to shift their savings to investments.
U.S. President Donald Trump is exempting automakers from newly imposed tariffs on Mexico and Canada for one month, the White House said Wednesday, as a temporary reprieve following pleas from industry leaders.
BUSINESS / Economy
Mar 6, 2025

Trump’s tariff pause cheered globally and watched closely in Tokyo

The U.S. president is delaying 25% tariffs on cars from Mexico and Canada and might consider carve-outs for agricultural imports from those countries.
Rengo says its member unions have demanded an average wage increase of 6.09% this year, up from last year’s 5.85%.
BUSINESS / Economy
Mar 6, 2025

Japan’s biggest union group demands highest wage hike since 1993

Member unions of the Japanese Trade Union Confederation are seeking an average wage increase of 6.09% this year, up from last year’s 5.85%.
U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau in December 2019
BUSINESS / Economy
Mar 7, 2025

'Psychodrama' tariff negotiations frustrate Mexico and Canada

The on-again, off-again tariffs and the high-level discussions surrounding them have exasperated negotiating teams, sources say.
Qianmen street, Beijing, in March 2023. Though the immediate shock has passed, COVID-19's legacy continues to reshape global economies and markets.
BUSINESS / Economy
Mar 8, 2025

Five years on, the economic impact of COVID-19 lingers

Though the immediate shock has passed, COVID-19's legacy continues to reshape global economies and markets.
The British government and Fujitsu have agreed to begin talks on compensation for the Post Office scandal involving the Horizon accounting software developed by the Japanese company.
BUSINESS
Mar 9, 2025

Britain and Fujitsu to begin compensation talks over post office scandal

More than 700 people were indicted on embezzlement and other charges by 2015, but the issue was later found to stem from flaws in Fujitsu's software.
Japan's economy expanded in the October-December quarter at a slower pace than earlier reported as consumption came in weaker than expected.
BUSINESS / Economy
Mar 11, 2025

Japan’s economic growth revised lower ahead of BOJ meet

The revised figures highlight pockets of weakness in the Japanese economy even as it continues to moderately expand.
Trade minister Yoji Muto says his talks in Washington with U.S. officials didn’t result in any confirmation to exclude Tokyo from upcoming tariff measures.
BUSINESS / Economy
Mar 11, 2025

Japan's trade minister fails to win tariff exemption assurance from U.S.

New duties on car imports would deal a direct blow to the economy of Japan, which is already bracing for an indirect impact from tariffs the U.S. is imposing on other nations.
Students learn heavy machinery maintenance using virtual reality at a United Tractors vocational institution in Jakarta on March 6.
BUSINESS
Mar 11, 2025

Indonesia’s industrial growth goals at risk as education system falls short

Poor teaching and a dearth of basic equipment has led to a pressing shortage of qualified workers and high unemployment among young people.
A Toyota bZ4X battery electric vehicle on display at the company's showroom in Toyota, Aichi Prefecture, in June 2024
BUSINESS / Companies
Mar 12, 2025

Toyota sees potential risk to deal brokered with Tesla in Europe

Toyota and other carmakers that were planning to pool with Tesla for this year may need much less help than envisioned back in January.
A worker inspects a steel coil on the factory floor before Canada's Prime Minister-designate Mark Carney visits the ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, on Wednesday.
BUSINESS / Economy
Mar 13, 2025

Trump threatens further tariffs as EU and Canada retaliate against U.S. levies

The U.S. tariffs have rattled investor, consumer and business confidence and raised recession fears.
The Intel headquarters in Santa Clara, California. The struggling tech giant announced Lip-Bu Tan as its new chief executive, boosting shares of the U.S. computer chipmaker.
BUSINESS / Tech
Mar 13, 2025

Struggling Intel names industry veteran Lip-Bu Tan as CEO

Shares rose more than 10% in after-market trade after the announcement.
Alcohol is shaping up to be a key friction point in the brewing trade war.
BUSINESS / Economy
Mar 14, 2025

Trump threatens tariffs on European wine and spirits in escalating trade war

The threat came in response to a European Union plan to impose tariffs on American whiskey and other products next month.
A hamburger made with "okonomiyaki" savory pancakes
BUSINESS
Mar 14, 2025

Osaka Expo to showcase Japan's food industry

Major conveyor-belt sushi chain Kura Sushi will open a store at the expo featuring it's longest circular conveyor belt ever.
Idled blast furnaces at U.S. Steel's Granite City Works in Granite City, Illinois, in July 2017
BUSINESS / Companies
Mar 15, 2025

U.S. Steel activist investor boosts holding in turnaround push

The move comes as hope for the deal that drew massive attention during the 2024 American presidential election has shown little progress.
U.S. President Donald Trump, flanked by Commerce Secretary Howard Lutnick, holds an executive order about a tariffs increase in the Oval Office of the White House in Washington on Feb. 13.
BUSINESS / Economy
Mar 15, 2025

U.S. commerce chief rules out auto tariff exemption for Japan

Commerce Secretary Howard Lutnick linked the 25% tariffs on car imports, set to begin on April 2, to cutting the U.S. trade deficit with Japan.
According to the ministry, Japan has about 4,500 companies with annual sales of ¥10 billion or more. But many of them are concentrated in metropolitan areas.
BUSINESS / Companies
Mar 15, 2025

Japan to invite small businesses to declare ¥10 billion sales targets

The country has about 4,500 companies with annual sales of ¥10 billion or more, but many of them are concentrated in metropolitan areas.

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