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An Apple store in New York
BUSINESS / Tech
Aug 14, 2025

Apple plots expansion into AI robots, home security and smart displays

A tabletop robot that serves as a virtual companion, targeted for 2027, is the centerpiece of the AI strategy.
Rakuten Bank CEO Tomotaka Torin is interviewed in Tokyo last week.
BUSINESS / Companies
Aug 14, 2025

Rakuten Bank to refrain from JGB buying as more rate hikes seen

"We’re not going for any aggressive buying of JGBs until we’ve seen at least another rate hike or two,” CEO Tomotaka Torin said in an interview.
U.S. Treasury Secretary Scott Bessent believes Japan's rates are too low.
BUSINESS / Economy
Aug 14, 2025

Tokyo’s record-beating stock rally ends as Bessent jawbones Japan on rates

The U.S. treasury secretary argues that Japan has an inflation problem.
The streets of Tokyo's Ginza district in April. The number of foreign residents in Japan hit a record high at 3.76 million as of the end of last year, comprising just over 3% of the population.
BUSINESS
Aug 14, 2025

Welcoming foreign residents benefits Japan, three quarters of economists say

Some highlighted the need to avoid conflating foreign nationals who may be in Japan temporarily with long-term foreign residents.
The Dentsu Group headquarters building in Tokyo. The company now expects to incur an operating loss of ¥3.5 billion this year, compared with a previous forecast of ¥66 billion in operating profit.
BUSINESS / Companies
Aug 14, 2025

Dentsu plans to cut overseas workforce by about 3,400 to trim costs

The advertising agency expects to incur an operating loss of ¥3.5 billion this year, compared with a previous forecast of ¥66 billion in operating profit.

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Members of the nonprofit group Japan Youth Memorial Association search for the remains of dead soldiers in a cave in Okinawa Prefecture in February.
The long search for Japan’s lost soldiers