Search - business

 
 
Antimonopoly trials against Dentsu Group and five other firms as well as their officials involved are underway.
BUSINESS
Jun 23, 2025

FTC fines Dentsu Group and others ¥3.3 billion

The FTC also found an antimonopoly law violation by ADK Marketing Solutions but refrained from imposing a fine on the firm.
The Strait of Hormuz separating Iran (top) from the United Arab Emirates and Oman (bottom) as seen from the International Space Station in 2021. More than half of the oil imported by East Asia passes through the Strait, experts estimate.
BUSINESS / Economy
Jun 24, 2025

Asian countries most vulnerable to Strait of Hormuz blockade

Japanese customs data showed 95% of crude oil imports last year came from the Middle East.
A WE League Cup championship match between Sanfrecce Hiroshima Regina and INAC Kobe takes place on Dec. 29 in Tokyo. A healthy increase in gross revenue has highlighted the WE League’s newfound growth potential.
SOCCER
Jun 24, 2025

WE League finally sowing seeds of growth under new stewardship

Yoshikazu Nonomura, who took the helm a year ago, oversaw improved attendance and financial numbers during his first season as chairman.
Chinese tech startup DeepSeek is helping Beijing with military and intelligence operations, according to U.S. officials.
BUSINESS / Tech
Jun 24, 2025

DeepSeek aids China's military and evaded export controls, U.S. official says

The U.S. conclusions reflect a growing conviction in Washington that the capabilities behind the rapid rise of one of China's flagship AI enterprises may have been exaggerated.
The Finance Ministry will trim the volume of 20-, 30- and 40-year bonds sold in regular auctions by a combined ¥3.2 trillion ($21.7 billion) through the end of March 2026.
BUSINESS / Economy
Jun 24, 2025

Japan approves plan to cut super-long bond sales by $22 billion

The changes come after an imbalance between supply and demand for long tenors in Japan’s government bond market led to surges in yields to record highs.
Since its introduction in 1985, Sega's UFO Catcher machine has come to define crane games in Japan.
LIFE / Digital
Jun 24, 2025

King of Japan’s arcades, Sega’s UFO Catcher turns 40

Where would Japan’s arcades be without the rows and rows of crane games that Sega’s influential machine helped popularize?
"I am confident that we have what we need to rebuild our company," said Nissan CEO Ivan Espinosa at its headquarters in Yokohama on Tuesday.
BUSINESS / Companies
Jun 24, 2025

Investors grill new Nissan CEO over job cuts, losses and mounting debt

"We understand your frustration,” Espinosa told stakeholders. "It will not be easy to deliver. But I am confident that we have what we need to rebuild our company.”
Nomura Holdings shareholders have voted down a name change plan following a pair of scandals at the company.
BUSINESS / Companies
Jun 24, 2025

Nomura shareholders reject proposal to change company name

Investors also voted in favor of retaining CEO Kentaro Okuda and Chairman Koji Nagai as board members, the company said on its website.
U.S. proxy adviser Institutional Shareholder Services had urged Japan Exchange Group investors to vote against CEO Hiromi Yamaji’s re-election after an employee was found guilty of insider trading.
BUSINESS / Companies
Jun 24, 2025

Japan bourse CEO reappointed with slimmer vote as rating falls

Investors voted with their feet as the stock’s 18.6% decline over the past year underperformed the broad Topix’s 1.6% rise.
U.S. President Donald Trump speaks to the press before boarding Marine One from the South Lawn of the White House in Washington on Tuesday.
WORLD / Politics
Jun 25, 2025

Trump baffles with sudden U-turn on China buying Iranian oil

U.S. Treasury and State department officials handling Iranian oil sanctions were surprised by Trump’s statement and uncertain how to immediately interpret it.
The Bank of Japan headquarters in Tokyo.
BUSINESS / Economy
Jun 25, 2025

BOJ record signals consensus that inflation is faster than expected

The board’s views indicate it’s possible the bank will raise its inflation forecast in a quarterly economic report at the July meeting.
Taxi drivers wait for fares under a patriotic billboard in Tehran on Tuesday, the day of the ceasefire announcement.
WORLD
Jun 25, 2025

Twelve day Middle East war shows how 'normal' the unthinkable has become

The ructions that have torn through the Middle East aren’t likely to fully reveal their impact for years to come.
Marubeni will jointly hold Senoko with Singapore’s Sembcorp Utilities.
BUSINESS / Companies
Jun 25, 2025

Marubeni boosts power role in Singapore by raising Senoko stake

Following the acquisition, Marubeni will jointly hold Senoko with Singapore’s Sembcorp Utilities.
SBI Holdings repaying the public funds on July 31 will mark the end to the aftermath of a financial crisis triggered by the bursting in the early 1990s of the asset-inflated economic bubble in Japan.
BUSINESS / Companies
Jun 25, 2025

SBI to fully repay public funds next month

SBI repaying the public funds would mark the end to the aftermath of a financial crisis triggered by the bursting in the early 1990s of the asset-inflated economic bubble in Japan.
A group of tourists drive go-karts in Tokyo's Shibuya Ward on April 18, 2024. The ward will introduce new regulations on go-kart rental operators starting July 1.
JAPAN
Jun 25, 2025

Shibuya to regulate popular street kart rentals amid tourist boom

Go-kart-style vehicles have become a staple part of Tokyo’s inbound tourism scene, but they have also drawn complaints from locals.
U.S. President Donald Trump at the NATO summit in The Hague on Wednesday.
WORLD / Politics
Jun 26, 2025

Comparing U.S. Iran strike to Hiroshima, Trump plays down intelligence report

The U.S. president argued that the damage was severe even though available intelligence reports were inconclusive.
Apartment rents in the capital climbed 1.3% from a year earlier in April and May for the largest gains since 1994, government data shows.
BUSINESS / Economy
Jun 26, 2025

Tokyo rents rising at fastest pace in 30 years backs case for BOJ rate hikes

Bigger outlays for accommodation are likely to further fuel a change in inflation expectations and behavior among households of all sizes.
A Falcon 9 rocket carrying the Axiom-4 crew of four astronauts lifts off from Kennedy Space Center Launch Complex 39A on a mission to the International Space Station in Cape Canaveral, Florida on Wednesday.
WORLD
Jun 26, 2025

India, Poland and Hungary astronauts launch for first space station mission

The four-member crew was carried aloft on a towering SpaceX launch vehicle consisting of a Crew Dragon capsule perched atop a two-stage Falcon 9 rocket.
Japanese automakers make 3.3 million cars in the U.S. a year, far more than the 1.37 million that they ship there, Japan's chief trade negotiator Ryosei Akazawa says.
BUSINESS / Economy
Jun 26, 2025

Japan can’t accept 25% car tariffs, Akazawa reiterates

Japanese automakers make roughly 3.3 million cars in the U.S. a year, far more than the 1.37 million that they ship there, the negotiator said.
Softbank has invested $15 million in a startup's climate monitoring stations that are designed to capture real-time data on wildfires, flooding and greenhouse gases.
BUSINESS / Companies
Jun 26, 2025

SoftBank backs startup building giant floating climate stations

The massive, bullet-shaped helium balloons will monitor climate data and bring connectivity to hard-to-reach areas.
Foreign investors bought a net ¥88.4 billion of Japanese equities in the week that ended on June 20, data has shown.
BUSINESS / Markets
Jun 26, 2025

Foreign buying of Japanese stocks marks 12-week streak, TSE data shows

According to data, foreign investors bought ¥88.4 billion of Japanese equities in the week that ended on June 20.
Power supply shortages may occur even if nuclear power reactors and aging thermal power plants are rebuilt, an industry organization warns.
BUSINESS / Economy
Jun 26, 2025

Japan's power demand may grow by up to 40% by 2050

A report warned that supply shortages may occur even if nuclear power reactors and aging thermal power plants are rebuilt.
A San Francisco District Court has ruled that Meta's use of copyrighted works to train its AI model was "transformative" enough to constitute "fair use" under copyright law, in the second such courtroom triumph for AI firms this week.
BUSINESS / Tech
Jun 26, 2025

U.S. judge rules for Meta in AI training copyright case but says it isn't lawful

The ruling said the authors could have pitched a winning argument — that by training AI with copyrighted works, tech firms are creating competition in the marketplace.
Fever guard Caitlin Clark is seen during the second have of a game against the Aces in Las Vegas on Sunday.
BASKETBALL
Jun 26, 2025

WNBA players push for better pay as league soars to new heights

The league's recent $2.2 billion media rights deal, spanning 11 years, pales in comparison to the NBA's $76 billion package.
Following domestic economic instability after the real estate market’s 2020 collapse, and global geopolitical uncertainty, wealthy Chinese have sought to establish bases in other countries, including Japan.
BUSINESS
Jun 26, 2025

Japan among most attractive Asian nations for uber-wealthy

The standard of living, health care, and safety and security make Japan attractive to wealthy Chinese expatriates, with Tokyo, Osaka, Kyoto and Kobe their main destinations.
Tokyo Gas is in talks with at least four U.S. liquefied natural gas suppliers to secure a purchase deal, according to sources.
BUSINESS / Companies
Jun 26, 2025

Tokyo gas in talks to seal long-term U.S. LNG purchase deals

Japan’s largest gas distributor is in talks with at least four companies over supply from projects dotting the U.S. Gulf Coast, according to sources.
The National Police Agency has drafted stricter identification rules for secondhand metal dealers in order to prevent the resale of stolen goods.
JAPAN / Crime & Legal
Jun 26, 2025

NPA to toughen ID rules for metal dealers amid surge in stolen AC units

The National Police Agency drafted amendments that would require metal dealers to verify sellers’ identities and keep transaction records for three years.
Two mobile phones show different viral AI-generated videos of people voicing their opinions on the impeachment of Philippine Vice President Sara Duterte.
ASIA PACIFIC / Politics
Jun 26, 2025

AI fakes duel over Sara Duterte impeachment in Philippines

Two interviews with Filipinos arguing for and against Vice President Duterte's impeachment have gone viral. Neither are real.
Governments seeking agreements to whittle down country-by-country tariffs U.S. President Donald Trump announced on April 2, and then suspended until July 9, have no idea where additional levies will land.
BUSINESS / Economy
Jun 27, 2025

Trump’s threat of more tariffs makes U.S. trade partners wary of signing deals

The U.S. might apply levies under Section 232 of the Trade Expansion Act on a range of foreign-made products in certain industries.
The U.S. dollar was back at multiyear lows against a basket of other major currencies on Thursday, erasing a brief respite provided by safe-haven flows related to Middle East tensions earlier in the week.
BUSINESS / Economy
Jun 27, 2025

No love for the dollar as markets fret about Fed independence

Respect for independent institutions such as central banks has long been viewed as a key attraction of major economies, helping anchor economic stability.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past