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Hong Kong and China Gas, part of billionaire Lee Shau Kee’s business empire, is accelerating an expansion of biofuel firm EcoCeres in foreign markets.
BUSINESS / Companies
Oct 3, 2023

Hong Kong tycoon’s energy empire ramps up green jet fuel push

EcoCeres, one of Asia’s largest producers of green jet fuel, is exploring the possibility of expanding into new markets like the U.S. and the Middle East.
Zoom controlled only about 7% of the market for communication and collaboration software as of the first quarter of the year, while Microsoft topped 42%, according to industry analyst IDC.
BUSINESS / Tech
Oct 4, 2023

Zoom expands tools and features in bid to compete with Microsoft

The company is adding word processing to its suite of tools and experimenting with novel features for meetings as it faces steep competition from Teams.
People protest outside Myanmar's embassy in Jakarta in February 2021.
ASIA PACIFIC / Politics
Oct 5, 2023

Activists say Indonesian state weapons makers supplying Myanmar

Groups filed a complaint to Indonesia's human rights commission alleging that three state-owned arms makers had been selling equipment to Myanmar.
Police officers work to control a crowd gathering to celebrate Halloween in the Shibuya district of Tokyo on Oct. 31, 2022.
JAPAN / Society
Oct 5, 2023

Shibuya mayor vows to keep things civil as Halloween nears

The mayor made headlines last month when he told would-be partiers to stay away from the Tokyo ward this year for the occasion, citing safety concerns.
Generative AI will change work for young professionals, but their reasoning skills will still be needed.
COMMENTARY
Oct 5, 2023

Is ChatGPT coming for entry-level jobs?

If entry-level workers get that much faster and better, won’t companies be able to get by with fewer of them? Maybe.
This year's Tokyo Game Show attendance came up just shy of 2019's draw — an encouraging sign for the event's future.
LIFE / Digital / ON: GAMES
Oct 7, 2023

A dark fantasy spin on ‘Pinocchio’ may put FromSoftware under pressure

It wasn’t the biggest TGS ever, but it's hard to imagine anyone behind the scenes at TGS headquarters pulling their hair out over 2023’s return to form.
Taylor Swift attends the MTV Video Music Awards at the Prudential Center in Newark, New Jersey, on Sept. 12.
WORLD / Politics / FOCUS
Oct 8, 2023

Taylor Swift and the political needle

With hundreds of millions of social media followers and a staunchly loyal fan base, she can move any dial with the tiniest of efforts.
Ozempic is a drug for treating Type 2 diabetes that is now being used widely as an appetite-suppressing weight loss aid.
BUSINESS / Markets
Oct 9, 2023

Ozempic threat is spurring a slump in snack and beer stocks

Snack and beverage producers are most at risk, as well as purveyors of weight-management food products such as shakes and frozen meals.
JAPAN / Politics
Oct 10, 2023

Ruling party executive Koichi Hagiuda visits Taiwan

Hagiuda hopes to hold talks with Taiwanese officials, including President Tsai Ing-wen, during the visit.
England goalkeeper Mary Earps was among those calling for replicas of her jersey to be sold by team supplier Nike during the 2023 FIFA Women's World Cup.
SOCCER
Oct 10, 2023

Nike, after criticism, releases Mary Earps goalkeeper jersey

Nike previously faced backlash from fans and from Earps herself after replicas of the goalkeeper’s jersey were not made available during the competition.
OpenAI chief executive officer Sam Altman speaks during a forum in Taipei on Sept. 25.
BUSINESS / Tech
Oct 12, 2023

OpenAI plans major updates to lure developers with lower costs

The new features mark the company's ambition to expand beyond a consumer sensation into one also offering a hit developer platform.
A Uniqlo store in Shanghai
BUSINESS / Companies
Oct 12, 2023

Fast Retailing's annual profit rises 28% to fresh record

Profit was ¥381.1 billion ($2.56 billion) in the 12 months through August compared with ¥297.3 billion, the previous all-time high, a year earlier.
Honda Motor CEO Toshihiro Mibe
BUSINESS / Companies
Oct 12, 2023

Honda and Mitsubishi Corp. sign pact to optimize EV battery use

The deal will eventually pay off in lower electricity bills for customers and better use of battery material, the companies said.
Chinese President Xi Jinping and Arab leaders pose for a group photo during the China-Arab summit in Riyadh on Dec. 9.
WORLD / Politics
Oct 12, 2023

China’s economic stake in the Middle East: Its thirst for oil

China, the world’s second-largest economy, has become addicted to foreign oil at a stunning pace.
Kiva robots move inventory at an Amazon fulfilment center in Tracy, California.
BUSINESS / Companies
Oct 13, 2023

Amazon strategy could unlock $100 billion in revenue

Supply Chain by Amazon is the latest part of its drive to become a leading logistics company.
Pedestrians walk past a McDonald's restaurant in Hong Kong.
BUSINESS / Economy
Oct 13, 2023

Hong Kong takes economic hit as Chinese tourists fail to splurge

Changes in travel habits come as the Chinese economy weakens and youth unemployment remains high.
Asuka (left) and Mai Hatta. Their business, Hasora, near New Delhi, as partnered up with local organic vegetable farmers to sell fresh produce.
JAPAN / Society
Oct 24, 2023

Japanese sisters bring organic produce to residents in India

Mai and Asuka Hatta launched their firm after hearing from Japanese residents in India that they had difficulty obtaining fresh and safe vegetables.
The Japan headquarters of the Family Federation for World Peace and Unification, known as the Unification Church, in Tokyo on Friday
JAPAN / Explainer
Oct 13, 2023

What’s next in the Unification Church saga?

The government sought a court order on Friday to strip the Unification Church of its religious corporation status. The process is just beginning.
Tesla, which opened a factory in Lingang, China, was expected to be one of many large, foreign companies to open facilities in the region. Few have followed.
BUSINESS / Economy
Oct 15, 2023

China’s slowdown casts pall over Xi’s Yangtze Delta project

The setback is particularly obvious in Lingang, a free-trade zone in the southeastern tip of Shanghai and a key part of the Yangtze Delta project.
Taiwanese President Tsai Ing-wen attends the launching ceremony of Narwhal, its first domestically built submarine, in Kaohsiung, Taiwan, on Sept. 28.
ASIA PACIFIC / Politics
Oct 16, 2023

Fearing China, South Korea targets Taiwan navy submarine contractors

Seoul has avoided arming the island, even as its companies ink weapons deals with other Asian neighbors.
Hiroshi Mikitani, chairman and CEO of Rakuten Group, speaks during a news conference in Tokyo in May.
BUSINESS / Companies
Oct 17, 2023

Rakuten rally from record lows clouded by looming bond deadlines

The most pressing task now for Rakuten is to raise funds for a wall of more than $5 billion of bonds due in the next two years.
United Airlines planes on the tarmac at Newark Liberty International Airport in Newark, New Jersey
BUSINESS / Economy
Oct 19, 2023

Airline investors worry travel boom may be coming in for a landing

Strong demand from travelers has so far allowed carriers to mitigate inflationary pressure with higher fares.
Japan has doubled its target for the installation of electric vehicle charging outlets to 300,000 outlets by 2030.
BUSINESS / Economy
Oct 19, 2023

Industry ministry doubles target for EV charger installments

The aim is to accelerate installments so that Japan can achieve its target of having electrified vehicles account for 100% of its new car sales by 2035.
An AI-generated model is featured in Ito En's latest green tea brand commercial.
BUSINESS / Companies
Oct 19, 2023

Beverage company Ito En taps AI actress for TV commercial

The commercial is receiving mixed reviews from netizens, with some praising the quality of the tech while others worry about job loss.
The Taiwan Semiconductor Manufacturing Co. logo atop a building at the Hsinchu Science Park in Hsinchu, Taiwan
BUSINESS / Companies
Oct 20, 2023

‘Sell TSMC, buy ASML’ gains traction as China-Taiwan risks grow

Because TSMC’s operations are mostly in Taiwan, it faces heightened geopolitical hazards. ASML, meanwhile, stands to benefit from the fragmentation.
Daiichi Sankyo is aiming for at least ¥900 billion of revenue from its oncology business in the fiscal year ending in March 2026.
BUSINESS
Oct 20, 2023

Merck signs $5.5 billion deal with Daiichi for cancer therapy development

Daiichi Sankyo is aiming for at least ¥900 billion of revenue from its oncology business in the fiscal year ending in March 2026.
There are a lot of reasons for why the Pacific saury is becoming scarcer, including overfishing in international waters and changing ocean conditions.
LIFE / Food & Drink / Longform
Oct 23, 2023

A saury state: How the price of 'autumn's fish' skyrocketed

A fish so cheap and abundant that even the cats would ignore it, the Pacific saury is becoming a sought-after dish as stocks dwindle.
A used KIA electric car is seen for sale outside the showroom of a used car dealer in Manchester, Britain
BUSINESS / Tech
Oct 23, 2023

The battery test race to work out what used EVs are really worth

There used to be no way to measure battery health. But that is changing as firms rush to scale up EV battery tests — some of which take just minutes.
An electronic stock board in Tokyo. Kokusai Electric is set to go public on the Tokyo Stock Exchange on Wednesday.
BUSINESS / Markets
Oct 24, 2023

KKR poised for Kokusai payoff with largest Japan IPO since 2018

The American private equity firm acquired the business from Hitachi Kokusai Electric through a tender offer in 2018.
A fishing boat patrols the sea for poaching off the port of Yomogita, Aomori Prefecture, on the night of Sept. 13.
JAPAN / Society / Regional Voices: Tohoku
Oct 30, 2023

Aomori sea cucumber fishermen hit hard by China’s seafood import ban

Twenty-seven cooperatives in the prefecture have suspended operations in October, when the fishing season for sea cucumbers starts in a normal year.

Longform

A sinkhole in Yashio, which emerged in January, was triggered by a ruptured, aging sewer pipe. Authorities worry that similar sections of infrastructure across the country are also at risk of corrosion.
That sinking feeling: Japan’s aging sewers are an infrastructure time bomb