Search - business

 
 
A man talks on a phone in front of an Apple Store in Shanghai. For the first time ever, Apple is closing a retail store in China.
BUSINESS / Companies
Jul 29, 2025

Apple to shutter a retail store in China for the first time ever

The company said it will shut one of two stores in the city of Dalian on Aug. 9, citing a changing landscape at the shopping complex where it is located.
Indian Prime Minister Narendra Modi attends the launch of the Global Biofuels Alliance at the G20 summit in New Delhi in September 2023.
BUSINESS / Economy
Jul 29, 2025

Delayed pricing policy for cleaner ethanol keeps India burning food for fuel

The Indian government wants petrol sold in the country to contain 20% ethanol by October 2025, and has ramped up production by diverting food crops, but could use waste instead.
Citing strong vehicle sales and a rise in domestic and foreign tourists, the Finance Ministry upgraded its economic outlook for Okinawa Prefecture.
BUSINESS / Economy
Jul 29, 2025

Finance Ministry upgrades economic view on Okinawa

For production, the ministry downgraded its view on the Hokuriku region and the Kinki region but upgraded that on Okinawa.
Sanseito leader Sohei Kamiya speaks at a rally in Tokyo on July 21, a day after the Upper House election.
COMMENTARY / Japan
Jul 29, 2025

A fringe party or political force: Will the real Sanseito stand up?

There were a few things that might raise eyebrows, but nothing especially scary. Sanseito's published policy platform is relatively benign.
U.S. and Chinese flags flutter outside Sweden's government offices "Rosenbad" in Stockholm on Tuesday, ahead of the second day of trade talks between China and the U.S.
BUSINESS / Economy
Jul 30, 2025

U.S., China agree to continue talks on tariff truce extension

The Stockholm negotiations marked the third round of U.S.-China trade talks in less than three months.
Apple executives John Giannandrea (left) and Craig Federighi. Shares of the company declined as much as 1.5% to $210.82, reaching a session low in New York trading.
BUSINESS / Tech
Jul 30, 2025

Apple loses fourth AI researcher in a month to Meta’s Superintelligence team

Meta previously lured away the leader of the Apple foundation models group, Ruoming Pang, with a compensation package valued at more than $200 million.
A Hong Kong-flagged tanker is seen leaving the Panama Canal on the Pacific side near Panama City on July 28.
BUSINESS / Companies
Jul 30, 2025

U.S. could resist Cosco inclusion in CK Hutchison port sale

An inclusion of the Chinese shipping giant would be a win for Beijing, but Washington might oppose it on perceived geopolitical risks.
Prime Minister Shigeru Ishiba, also president of the ruling Liberal Democratic Party, speaks to reporters at the party's headquarters in Tokyo on Monday. The party’s loss in the July 20 Upper House election has become the defining factor for the yen.
BUSINESS / Markets
Jul 30, 2025

Yen option traders brace for more weakness ahead of BOJ decision

Analysts warn that Prime Minister Shigeru Ishiba may resort to populist spending to shore up support for his weakened coalition.
A new law set to take effect in December to promote competition in the smartphone app market  bans Google and Apple from excluding other companies' app stores from phones that use their operating systems.
BUSINESS / Companies
Jul 30, 2025

Japan releases guidelines for IT giants regarding smartphone apps

The guidelines prohibit companies like Google and Apple from using data obtained through their operating systems to develop products with competitive advantages.
The agriculture ministry believes the increase in rice distributed through new channels with higher transaction prices is one of the factors behind the rice price surge since last summer.
BUSINESS
Jul 30, 2025

Varied sales channels may have triggered rice price surge

The amount of 2024 rice shipped from producers to major buyers dealing with farmers fell by 340,000 metric tons from the previous year.
New vehicles for sale at a Toyota dealership in California
BUSINESS / Companies
Jul 30, 2025

Toyota logs record global sales despite Trump tariff turmoil

The carmaker’s sales were bolstered by a last-minute rush from customers to lock-in purchases before U.S. President Donald Trump’s threatened 25% tariff on car imports.

Longform

Ichiro Suzuki, one of the most iconic players in NPB and MLB history, was elected to the Baseball Hall of Fame with 99.7% of the vote.
With Hall of Fame induction, Ichiro makes himself heard loud and clear