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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.
The Tokyo Stock Exchange wants companies to improve governance and performance.
BUSINESS / Markets
Jan 8, 2025

As standards rise, Tokyo Stock Exchange delistings hit decade high

A total of 94 companies were delisted from the Tokyo exchange in 2024, the highest number since it merged with the Osaka Securities Exchange in 2013.
A potential foreign acquisition of Japanese retail giant Seven & I would be "heavily related" to national security, Japan's economy minister Ryosei Akazawa said on Wednesday.
BUSINESS
Jan 8, 2025

Japan flags foreign takeover of 7-Eleven owner as a security issue

His public comment is the first by a senior Japanese official over security issues raised by a $47 billion buyout offer by Canada's Alimentation Couche-Tard.
Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show in Las Vegas, Nevada on Monday.
BUSINESS / Tech
Jan 9, 2025

Biden to further limit AI chip exports in final push

The regulations would create three tiers of chip trade restrictions, granting full access to allies, limited access to most of the world and virtually no access to adversaries.
According to NHK's budget for fiscal 2025, the public broadcaster will post a deficit of ¥40 billion in the year from April.
BUSINESS / Companies
Jan 9, 2025

NHK to be in the red for third straight year after viewing fee cut

The public broadcaster is set to post a deficit of ¥40 billion in the year from April.
Firms in Japan are becoming more proactive to fend off global rivals and activist investors showing renewed interest in the country after decades of stagnant growth.
BUSINESS / Companies
Jan 9, 2025

Japan’s ¥36.4 trillion M&A boom expected to grow as activist investors circle

Firms are becoming more proactive to fend off global rivals and activist investors showing renewed interest in the country after decades of stagnant growth.
A visitor holds a ¥1,000 banknote to offer a prayer on the first business day of the year at the Kanda Myojin shrine in Tokyo on Monday. The yen has declined against the dollar for four straight years amid a wide gap between interest rates in Japan and the United States.
BUSINESS / Markets
Jan 10, 2025

Yen intervention risk creeps higher as U.S. jobs report approaches

The yen is within reach of ¥160 per dollar, a breach of which would increase concern about the weak currency’s impact on business and consumers.
Apollo Global Management is discussing a commitment of as much as ¥1.5 trillion for an equity stake in a bid by Seven & I’s founding Ito family to take the convenience store operator private.
BUSINESS / Companies
Jan 10, 2025

Apollo weighs $9.5 billion stake in Seven & I management buyout

Under the current proposal, Apollo would join the Ito family and Itochu, the operator of FamilyMart in Japan, as key investors.
The record high reflected strong corporate demand for working capital amid rising raw materials prices and the yen's weakening, as well as brisk capital investment mainly by large companies.
BUSINESS / Economy
Jan 11, 2025

Japan bank lending hits record high at end of 2024

Outstanding bank lending in Japan stood at a record high of ¥605.8 trillion at the end of 2024, up 4.4% from a year before, according to industry data.
The exterior of a blast furnace building run by Nippon Steel in Kashima, Ibaraki Prefecture.
BUSINESS / Companies
Jan 12, 2025

U.S. delays enforcement of order blocking Nippon Steel-U.S. Steel deal

The delay will give the courts time to review a legal challenge brought by parties earlier this month against Biden's order.
Toyota is one of many large employers in the U.S. ordering workers to their desks in recent months, ending policies implemented during the COVID pandemic.
BUSINESS / Companies
Jan 14, 2025

Toyota wants salaried staff back in office four days a week

Toyota denied the move is designed to reduce headcount but warned failure to comply could lead to "termination of employment.”
Bank of Japan Deputy Gov. Ryozo Himino has said that the central bank will raise rates if its outlook continues to be realized.
BUSINESS
Jan 14, 2025

BOJ deputy chief signals chance of rate hike next week

Most BOJ watchers see an interest rate hike coming in either January or March.
Elon Musk, left, with Vivek Ramaswamy on Capitol Hill in Washington on Dec. 5.
BUSINESS / Tech
Jan 15, 2025

SEC accuses Elon Musk of bilking Twitter investors out of millions

The agency’s complaint accuses Musk of failing to promptly report that he had amassed more than 5% of the social media platform’s stock in early 2022.
In only two days, more than 700,000 new users joined Xiaohongshu, also known as RedNote, a person close to the company said.
BUSINESS / Tech
Jan 15, 2025

Over half a million ‘TikTok refugees’ flock to China's RedNote app

In only two days, more than 700,000 new users have reportedly joined Xiaohongshu, a popular networking app known for lifestyle content and product recommendations.
Lawson and FamilyMart enjoyed net profit increases in the March-November 2024 period, while Seven & I Holdings suffered a sharp deterioration in its bottom line, according to their latest earnings reports.
BUSINESS / Companies
Jan 16, 2025

Lawson and FamilyMart enjoy net profit growth in March-November

FamilyMart's net profit went up 62.4% to ¥80 billion because of special profit from a realignment of Chinese operations.
A Blue Origin New Glenn rocket streaks into orbit after launching from the Kennedy Space Center on its maiden flight, at Cape Canaveral, Florida on Thursday.
BUSINESS / Tech
Jan 16, 2025

Blue Origin rocket lifts off in major test in SpaceX rivalry

The firm's new flagship rocket thundered off the launch pad at Cape Canaveral, Florida at 2:03 a.m. local time on Thursday.
The U.S. Supreme Court has signaled it's likely to uphold a law that would ban TikTok in the U.S. if it isn't sold by its Chinese parent company by Jan. 19. U.S. politicians in both major parties, however, are seeking ways to keep the video-sharing app accessible for Americans.
BUSINESS / Companies
Jan 16, 2025

TikTok allies close to Trump and Biden race to delay ban

The app, owned by China’s ByteDance Ltd., faces a deadline of Jan. 19 to find a U.S. buyer in order to continue operating in the country.
Nintendo said it will reveal its next-generation Switch 2 on April 2, setting in motion the retirement of the nearly eight-year-old flagship model.
BUSINESS / Companies
Jan 17, 2025

Nintendo hopes to reprise blockbuster Switch with 2025 successor

It will host several "Nintendo Switch 2 Experience" events in major cities around the world from April 4 to give gamers an opportunity to test the new console.
A message welcoming users back and thanking U.S. President-elect Donald Trump is displayed on the TikTok app on a smartphone Sunday.
BUSINESS / Tech
Jan 20, 2025

TikTok restoring U.S. service after Trump says he will stall ban

Trump said he would "extend the period of time before the law's prohibitions take effect, so that we can make a deal to protect our national security."
Meta CEO Mark Zuckerberg
BUSINESS
Jan 20, 2025

Meta's move to halt fact-checking program in U.S. prompts concern

Instead of using trusted media organizations to fact-check, Meta plans to use "community notes" to check content.
A cartoon image of U.S. President-elect Donald Trump holding a Bitcoin token to mark the cryptocurrency reaching over $100,000 is displayed at a Coinhero store in Hong Kong on Dec. 5.
BUSINESS / Markets
Jan 20, 2025

Trump’s win sparked euphoria in markets — now comes the real test

A reversal was first apparent in the stock market, where the S&P 500 Index gave back a solid chunk of its "Trump bump.”
A Donald Trump 2024 campaign hat on the floor of the New York Stock Exchange in New York on Tuesday
BUSINESS / Markets
Jan 22, 2025

Markets braced for uncertainty as Trump holds back from pledged tariffs

Chinese markets were relieved after Beijing avoided an instant blizzard of executive orders, but Mexico's peso and Canada's dollar weren't so lucky.
Tokyo Gas President Shinichi Sasayama speaks during an interview at the company's headquarters in Tokyo on Jan. 16.
BUSINESS / Companies
Jan 22, 2025

Tokyo Gas focusing on more U.S. investment opportunities

"Among our overseas businesses, North America is an especially important growth market for us,” said President Shinichi Sasayama.
U.S. President Donald Trump delivers remarks on Stargate, as Oracle Executive Chairman Larry Ellison, SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman look on in the Roosevelt room at the White House.
BUSINESS / Companies
Jan 22, 2025

SoftBank to help fund and lead Trump-backed Stargate AI project, a $500 billion venture

The president said it will be the largest AI infrastructure ever built and that it will help counter technology threats from China and other countries.
Investment trusts that cater to Japanese individuals bought a net ¥10.4 trillion of overseas equities and funds last year after the government expanded the scope of the Nippon Individual Savings Account system.
BUSINESS / Economy
Jan 23, 2025

Japan’s love of foreign stocks risks pushing the yen even lower

Investment trusts that cater to Japanese individuals bought a net ¥10.4 trillion of overseas equities and funds last year.
A television screen displays a news report on South Korean President Yoon Suk Yeol, inside a restaurant in Seoul on Dec. 28. 2024
BUSINESS / Economy
Jan 23, 2025

South Korea’s economy struggles to grow amid political crisis

The anemic quarterly growth figure points to an economy already in a weakened state, with the prospect of tariffs clouding the outlook for exports, a key engine of growth.
A business district in Tokyo. Japan plans to strengthen pre-screening measures for overseas investors that could potentially cooperate with foreign intelligence gathering efforts, addressing rising national security concerns.
BUSINESS
Jan 23, 2025

Japan to tighten investment pre-screening amid security concerns

While the updated regulations will impose an additional step for a broader range of investors, those who pass the screening can still invest in Japanese companies.
Fuji TV's headquarters in Tokyo on Thursday
BUSINESS / Markets
Jan 24, 2025

Scandal-hit Fuji Media stock trading soars 1,767% on shakeup bet

A total of 237.8 million shares changed hands in Tokyo, compared with 12.74 million last week.
U.S. President Donald Trump is seen on a giant screen during his address by video conference at the World Economic Forum annual meeting in Davos, Switzerland, on Thursday.
BUSINESS / Markets
Jan 25, 2025

Trump spurs surprise world rally in first week on trade respite

U.S. President Donald Trump's decision not to immediately slap tariffs on U.S. trade partners triggered the surprising market response.
Bank of Japan Gov. Kazuo Ueda explains the central bank's decision on its interest rate hike during a news conference after a policy meeting on Friday.
BUSINESS / Economy / ANALYSIS
Jan 27, 2025

BOJ may revert to fuzzy communication after Fed-style rates clarity

The BOJ fumbled its communication in December, surprising investors, but then telegraphed Friday's increase so unambiguously that the rate hike was 90% priced in.

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