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November 11, 2025
 

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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.
Fast Retailing’s November-ending quarter may have seen operating profit growth soften as warmer autumn-winter temperatures dented sales, even with the backdrop for consumer spending in Japan looking promising.
BUSINESS / Companies
Jan 3, 2025

Uniqlo and 7-Eleven face sales headwinds despite brighter consumer spending

Uniqlo parent Fast Retailing and Seven & i Holdings are among the first to kick off this earnings season in Asia.
U.S. President Joe Biden decided Friday to block the proposed $14.9 billion purchase of U.S. Steel by Japan's Nippon Steel, with the firms blasting the decision, calling it a "clear violation of due process" and a political move, and vowing to "take all appropriate action" to protect their legal rights.
BUSINESS / Companies
Jan 4, 2025

Biden blocks Nippon Steel’s $14.1 billion takeover of U.S. Steel

The two firms blasted the decision, calling it a "clear violation of due process" and a political move, and saying they would "take all appropriate action" in response.
A 2024 Toyota Prius Prime during the 2024 New York International Auto Show in New York last March
BUSINESS / Companies
Jan 4, 2025

U.S. new car sales rose to five-year high in 2024, helped by hybrids

Sales continued to rise from their pandemic lows, bolstered by replenished inventories, higher incentives and surging demand for hybrid vehicles.
Meiji Yasuda Life Insurance headquarters in Tokyo
BUSINESS / Companies
Jan 4, 2025

Meiji Yasuda girds to be more daring in global M&A hunt

The firm’s ambitions reflect bold moves also being made by many of its local rivals, all hunting for growth outside of the country.
U.S. Steel's Edgar Thomson Steel Works in Braddock, Pennsylvania, in December 2019. The Biden administration blocked the $14 billion takeover of U.S. Steel by Nippon Steel on Friday, citing grounds that the sale posed a threat to national security.
BUSINESS / Companies / FOCUS
Jan 5, 2025

Biden’s decision on Nippon Steel deal followed divide in his orbit

The split was emblematic of so many shifts in U.S. policy — including of Biden’s pledge to build trust with allies and the race against China.
This undated handout picture courtesy of Blue Origin shows the New Glenn rocket during a successful integrated vehicle hotfire at Launch Complex 36 (LC-36) at Cape Canaveral Space Force Station in Florida.
BUSINESS / Companies
Jan 6, 2025

Bezos' Blue Origin poised for first orbital launch

The NG-1 mission will carry a prototype of Blue Ring, a Department of Defense-funded spacecraft envisioned as a versatile satellite deployment platform.
Retirees dance at a park in Beijing
BUSINESS
Jan 6, 2025

Singapore hospital operator targets wealthy boomers in China

The company is building similar projects in major Chinese cities, investing 31 billion yuan in medical and eldercare.
Nissan's Ariya electric crossover sport utility vehicle on the production line at the company's plant in Kaminokawa, Tochigi Prefecture
BUSINESS / Companies
Jan 7, 2025

Japan’s carmakers vow closer ties to regain ground in China

Japan’s automakers are united in their struggle to regain ground they’ve lost to the flashy offerings that have turned China into a global EV superpower.
Prototypes for Honda 0 Series EVs, set to launch in 2026, were revealed on Tuesday in Las Vegas.
BUSINESS / Companies
Jan 8, 2025

Honda showcases U.S.-made EVs as it considers slowing investments

The firm plans to introduce 30 new electric vehicles globally by 2030.
Jensen Huang, co-founder and CEO of Nvidia, speaks during the 2025 CES event in Las Vegas on Monday.
BUSINESS / Tech
Jan 8, 2025

Nvidia slides after unveiling leaves investors wanting more

Though Nvidia’s latest announcements gave an upbeat view of the company’s long-range prospects, there wasn’t as much near-term upside as some investors had sought.
Tencent, China’s most valuable company, is seen as a pioneer in China’s internet and private sector, creating a so-called everything app that Elon Musk has held up as a model for X.
BUSINESS / Tech
Jan 8, 2025

U.S. blacklist of China’s tech giants risks even faster decoupling

The move, which experts say could backfire on Washington, comes amid an intensifying tech rivalry between the two countries.
Social media giant Meta slashed its content moderation policies on Tuesday, including ending its U.S. fact-checking program, in a major shift that conforms with the priorities of incoming president Donald Trump.
BUSINESS / Tech
Jan 8, 2025

Big Tech rolls out the red carpet for Trump ahead of his inauguration

Since the November election, a stream of senior moguls have traveled to meet with Trump at his Florida estate.
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

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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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