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The first phase of growth for Warner Bros. in Asia will come from partnerships with local streaming platforms and telecom operators, with the Max standalone app only being launched once the company thinks it has a big enough audience.
BUSINESS / Companies
Nov 18, 2024

Warner Brothers brings Max to Asia with cautious Hollywood-first strategy

Warner is relying on established franchises like Harry Potter and Friends to draw viewers across the region, setting it apart from rivals Netflix and Disney.
Core machinery orders dropped 0.7% in September month-on-month, confounding economists' median estimates for a 1.9% rise and down for the second straight month.
BUSINESS / Economy
Nov 18, 2024

Japan's machinery orders see unexpected fall in September

The orders dropped 0.7% in September month-on-month, confounding economists' median estimates for a 1.9% rise.
OpenAI CEO Sam Altman speaks during the Microsoft Build conference in Seattle on May 21. Altman recently fired off a social media post saying "There is no wall" as fears arise over potential blockages to AI development.
BUSINESS / Tech
Nov 18, 2024

Is AI's meteoric rise beginning to slow?

Industry insiders are beginning to acknowledge that large language models aren't scaling endlessly higher at breakneck speed when pumped with more power and data.
A poster in the Tamil language advertises smartphone assembly roles outside a shop in Sriperumbudur, near Chennai, in India, on Oct. 28.
BUSINESS / Companies
Nov 18, 2024

Foxconn tells India recruiters: Nix marital status in iPhone job ads

The move follows an investigation published June 25 that found Foxconn excluded married women from jobs at its main India iPhone assembly plant.
Investigators from the Tokyo Metropolitan Police raid a metal shop in Koga City, Ibaraki Prefecture, on Monday.
JAPAN / Crime & Legal
Nov 18, 2024

Four shops raided in Japan for allegedly buying stolen cables

By October, Tokyo's Metropolitan Police Department had arrested seven members of a Thai group for stealing copper cables from solar power plants.
The Bluesky social network has soared to one of the top positions in social network downloads in app stores in the past week since the U.S. election. The company reported a recent gain of 700,000 new users joining the social media platform, an alternative to X.
BUSINESS / Tech
Nov 18, 2024

How Bluesky, alternative to X and Facebook, is handling explosive growth

Bluesky’s meteoric growth underscores its role as a decentralized alternative to traditional social networks, prioritizing user control and developer creativity.
A Xiaomi SU7 electric vehicle on display at one of the company's stores in Shanghai on April 2
BUSINESS / Tech
Nov 18, 2024

China EV makers bet on self-driving models to fend off Tesla

Chinese electric car manufacturers say their advanced driving-assistance services — which can navigate highways or busy city streets — are coming very soon.
Microsoft has artificial intelligence and machine learning research bases in various countries around the world.
BUSINESS / Tech
Nov 18, 2024

Microsoft opens AI and robotics research base in Tokyo

The U.S. technology giant aims to combine AI with Japan's strength in robotics and put the results into practical use.
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
MORE SPORTS / Rugby
Nov 19, 2024

Japanese expats in Asia find community through rugby

Up to 17 teams are slated to join this year’s Asian Japanese Rugby Cup tournament in Malaysia on Dec. 14.
Federal Judge Amit Mehta ruled in August that Google, whose Chrome browser controls about 61% of the market in the U.S., illegally monopolized the search market.
BUSINESS / Tech
Nov 19, 2024

DOJ will push Google to sell off Chrome to break search monopoly

Such a move would be a historic crackdown on one of the biggest tech companies in the world.
The Bank of Japan's policy review next month will be its first attempt to take a deeper, analytical look at the drawbacks of prolonged monetary easing.
BUSINESS / Economy / ANALYSIS
Nov 19, 2024

BOJ to bid farewell to stimulus era and justify rate hikes in policy review

The review will be the central bank's first attempt to take a deeper, analytical look at the drawbacks of prolonged monetary easing.
(From left) JR East President Yoichi Kise, Kabuki actor Onoe Kikunosuke, and Shochiku President Toshihiro Takahashi at a joint news conference at the Kabukiza theater in Tokyo on Monday
JAPAN
Nov 19, 2024

JR East and Shochiku to collaborate on regional revitalization

Under the 10-year agreement, the two companies will bring to life programs rooted in regional traditional culture
British Prime Minister Keir Starmer meets with Prime Minister Shigeru Ishiba during a bilateral meeting on the sidelines of the G20 summit in Rio de Janeiro on Monday.
JAPAN
Nov 19, 2024

Japan to hold regular economic security talks with U.K. under two-plus-two model

The talks are set to focus on improving growth and advancing bilateral cooperation in trade and economic security.
The Fugaku supercomputer at Riken Center for Computational Science in Kobe City, Hyogo Prefecture
BUSINESS / Companies
Nov 19, 2024

Japan's Fugaku supercomputer takes top spot in two rankings for 10th time

Fugaku marked better performance than in the previous rankings, in May, following an improvement to its software.
Armed police stand guard as a prison van arrives at the West Kowloon Magistrates' Courts building, ahead of the sentencing of 45 convicted pro-democracy activists charged under the national security law, in Hong Kong on Tuesday.
ASIA PACIFIC / Politics
Nov 19, 2024

Hong Kong jails 45 democracy activists in landmark trial

The ruling, which critics have said tarnishes Hong Kong's role as a global financial hub, comes as the city is hosting an international financial summit.
Prices will increase for about 60% of Sukiya menu items starting Nov. 22 due to a recent rise in the price of Japanese rice, the fast-food restaurant operator Zensho Holdings said in a statement Monday.
BUSINESS / Companies
Nov 19, 2024

Sukiya operator Zensho sees shares rise ahead of beef-bowl meal price hike

Prices will increase for about 60% of Sukiya menu items starting Nov. 22 due to a recent rise in the price of Japanese rice, the company said Monday.
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
BUSINESS / Markets
Nov 19, 2024

Two of America’s biggest debt holders are dumping Treasurys

Japanese investors sold a record $61.9 billion of the securities in the three months ended Sept. 30.
Nippon Steel has accused critics of the U.S. Steel deal of making inaccurate comments about the transaction.
BUSINESS / Companies
Nov 19, 2024

Nippon Steel claims union 'misinformation' in battle for U.S. Steel

Vice Chairman Takahiro Mori has reiterated commitments made by Nippon Steel, which include maintaining U.S. Steel’s blast furnace operations.
Former economic revitalization minister Daishiro Yamagiwa has been named the new head of the Liberal Democratic Party's group that promotes semiconductors.
BUSINESS / Economy
Nov 19, 2024

Former minister Daishiro Yamagiwa named to lead LDP semiconductor group

Appointment follows pledge by Prime Minister Shigeru Ishiba of more than ¥10 trillion in fresh public support for chip and artificial intelligence sectors.
Media mogul Jimmy Lai leaves Mong Kok police station after being released on bail in Hong Kong on Aug. 12, 2020.
ASIA PACIFIC / Politics
Nov 20, 2024

After years in a Hong Kong jail, Jimmy Lai has his say in court

The media mogul said his now-shuttered newspaper, Apple Daily, represented the freedoms that people in the city valued.
A lobby lounge of a luxury hotel inside Tokyo Garden Terrace Kioicho in Tokyo's Chiyoda Ward
BUSINESS / Companies
Nov 20, 2024

Blackstone nears $2.6 billion deal to buy Seibu’s Tokyo complex

Any sale around that amount would make it one of the most expensive single real estate transactions in Japan.
The National Consumer Affairs Center reported 1,997 consultations about water dispensers nationwide last fiscal year — an increase 1.4 times that of the previous year.
JAPAN
Nov 20, 2024

Misleading water dispenser contracts in Japan lead to surge in inquiries

The National Consumer Affairs Center reported 1,997 consultations nationwide last fiscal year — an increase 1.4 times that of the previous year.
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
JAPAN
Nov 20, 2024

Japan, U.K. and Italy discuss inviting more countries to joint fighter project

The nations also reiterated their “unwavering commitment” to seeing the next-generation supersonic jet take to the sky by 2035.
Bank of Japan Gov. Kazuo Ueda gives a speech in Nagoya on Monday. Ueda's signaling remains vague and noncommittal, further muddying the outlook for December.
BUSINESS / Economy
Nov 20, 2024

Dithering in December could cost Bank of Japan yen stability

For some analysts, the central bank is all but certain to raise rates next month, though others think it might be too early.
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
COMMENTARY / Japan
Nov 20, 2024

Ishiba aggravates his own political failures with diplomatic faux pas

It would be hard to paint Ishiba's trip as a success, with the prime minister committing a series of diplomatic faux pas.
A post-election analysis by the polling company Blueprint discovered that the top reason why American swing voters eventually supported Donald Trump over Kamal Harris was culture (+28) followed by inflation (+23).
COMMENTARY / World
Nov 20, 2024

It’s too soon to say wokeism is dead

The Republicans ran the most unwoke man in America for the presidency, Donald Trump, and were amply rewarded for it.
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
JAPAN
Nov 20, 2024

Japan's 3.31 million visitors in October set monthly record

Travelers spent ¥5.86 trillion in Japan through September of this year, preliminary figures show, eclipsing the ¥5.3 trillion they spent in all of 2023.
Sony Group headquarters in Tokyo, on Jan. 31, 2023
BUSINESS
Nov 20, 2024

Japanese publisher Kadokawa shares roar on Sony buyout report

Early afternoon Kadokawa shares were up 15.91% to ¥4,341 on the Tokyo Stock Exchange.
Rengo chief Tomoko Yoshino speaks at a news conference in Tokyo in October.
BUSINESS
Nov 21, 2024

Union chief calls for Ishiba to step up wage hike efforts

Rengo's Tomoko Yoshino was keen to emphasize that wage gains have to spread more to workers at smaller firms.
Funding for the proposed buyout of Japan's Seven & i Holdings by its founding family will be finalized by the end of December, sources say.
BUSINESS / Companies
Nov 21, 2024

Seven & I buyout funding to be finalized by next month, sources say

The retailer is caught in a three-way tug-of-war between a foreign suitor, its founding family and company management.

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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