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A driver for an independent contractor to FedEx delivers packages on Cyber Monday in New York on Nov. 27, 2023.
BUSINESS / Companies
Jan 31, 2024

Delivery firms struggle to adopt EVs as online sales drive up demand

Many climate pledges have been scaled back as the industry fails to keep pace with climbing emissions.
A statue of Mario on display inside a Takashiyama department store in Kyoto in November. Nintendo's shares have soared 47% in the past year, outpacing gains in console rivals Microsoft and Sony Group over the past couple of months.
BUSINESS / Companies
Jan 31, 2024

Nintendo’s record gain tested in wait for 'Switch 2’

Nintendo's shares have soared 47% in the past year, recently outpacing gains in console rivals Microsoft and Sony Group.
Takuo Komori, parliamentary vice minister for internal affairs, bows after speaking to reporters in Tokyo on Wednesday.
JAPAN / Politics
Jan 31, 2024

Two Abe faction members resign as vice ministers over funds scandal

The latest development in the scandal currently enveloping the LDP comes as the opposition is expected to gear up its criticism of the ruling party.
Fujitsu apologized for its role in the wrongful conviction of more than 900 subpostmasters in the U.K. who used its accounting software.
BUSINESS / Companies
Feb 1, 2024

Fujitsu promises better quality control after U.K. scandal

The Tokyo-based technology company is the subject of an inquiry into a glitch in its Horizon accounting software used by the U.K. Post Office.
JAPAN / Politics
Feb 1, 2024

Curtain falls on Abe faction's 45-year history but scrutiny to continue

Unanswered questions over members' involvement in the LDP's political funds scandal mean the dissolution may not be the end of the story.
Japan Airlines has reported third-quarter income that beat average analyst estimates.
BUSINESS
Feb 2, 2024

JAL expects ¥2 billion in lost revenue due to Haneda jet crash

JAL said Friday the amount also includes losses incurred from having to take the A350 out of service.
The People's Liberation Army's Academy of Military Sciences had used an open-source standard known as RISC-V to reduce malfunctions in chips for cloud computing and smart cars.
ASIA PACIFIC / Politics
Feb 5, 2024

China bets on open-source chips as U.S. export controls mount

RISC-V is free to use and has a simpler outline, often leading to more energy-efficient chips, and users can build atop the framework to suit their needs.
Ground Self-Defense Force troops participate in a joint military drill and demonstration with the U.S., British, Canadian, German and other countries' militaries in Funabashi, Chiba Prefecture, on Jan. 7.
COMMENTARY / Japan / EXPLAINER
Feb 5, 2024

The Rosetta Stone to decipher Japan's new security deals

Japan has already signed several agreements this year that, together with previous ones, form a dense web of security pacts — one worth untangling.
Singer-songwriter Taylor Swift arrives for the 66th Annual Grammy Awards at the Crypto.com Arena in Los Angeles on Sunday.
CULTURE / Entertainment news
Feb 5, 2024

Taylor Swift makes Grammys history as women rule music's top honors

Winning for her album "Midnights," Taylor Swift has won the best album prize a total of four times, eclipsing Frank Sinatra, Paul Simon and Stevie Wonder.
Like for other generative AI services, the algorithm behind Rufus is a closely held secret and Amazon declined to discuss how it operates.
BUSINESS / Companies
Feb 6, 2024

Who benefits when shoppers use Amazon's new AI tool?

The tool raises several questions, as Amazon has a history of steering customers toward products that most benefit the company.
A man walks through panels at a solar power plant under construction in Aksu, in the Xinjiang Uyghur Autonomous Region of China, in 2012.
BUSINESS / Companies
Feb 6, 2024

Banned Chinese solar goods worth billions find route to U.S. via India

Amid a solar boom, India’s largest panel-maker has sent millions of panels to the U.S. made with parts from a Chinese firm denied entry to the U.S. market.
JAPAN / Politics
Feb 6, 2024

Kishida insists corporate donations have no effect on LDP policy

The responses came during Lower House budget committee questions from Akira Nagatsuma, policy chief of the opposition Constitutional Democratic Party.
A Chinese J-10 jet fighter in Zhuhai, Guangdong province, China, in November 2014. Relations between Saudi Arabia and China have become closer in the energy industry and beyond. The two countries are working to expand cooperation in fields including aircraft, artificial intelligence and infrastructure.
WORLD
Feb 8, 2024

China grabs spotlight with major presence at Saudi weapons show

Exhibiting for the first time under a single brand, state companies displayed a range of weaponry, from drones to anti-aircraft and ballistic missiles.
In the quest for immortality, some researchers believe mind uploading will be our ticket to an eternal existence.
PODCAST / deep dive
Feb 8, 2024

Japan’s take on immortality; problems in Palworld

As scientists and technologists attempt to tackle the problem of aging and death, we discuss Japanese ideas about immortality.
A Banei Keiba horse race takes place at the Obihiro racecourse in Hokkaido on Dec. 9. The unpredictable stop-and-start drama of the world's slowest horse race has drawn new fans.
JAPAN
Feb 18, 2024

'Suspense' of slowest horse race wins new fans in Japan

At the Banei Keiba races in Hokkaido, spectators cheer on workhorses moving at the pace of a brisk human walk.
Tetsuro Higashi, the chairman of Rapidus, speaks during an interview in Tokyo in February last year.
BUSINESS / Tech
Feb 10, 2024

Japan earmarks ¥45 billion to fire up chip research at home

The funds are part of a major national push to catch up in semiconductor manufacturing.
Taylor Swift attends Super Bowl LVIII between the Chiefs and 49ers in Las Vegas on Sunday.
MORE SPORTS / Football
Feb 12, 2024

Superstar Taylor Swift attends Super Bowl to cheer on Chiefs' Travis Kelce

The Super Bowl got an early jolt of excitement on Sunday when enormous TV screens around the stadium showed Swift arriving about two hours before kickoff.
Copies of the Apple Daily newspaper, published by Next Digital Ltd., at the company's printing facility in Hong Kong on Nov. 5, 2020.
WORLD / Politics
Feb 12, 2024

In Trump-Biden rematch, the only sure loser is China

Trump’s rhetoric may pressure Biden to take harsher measures in the run-up to election day — bad news for China’s economy and slumping stock market.
Japan’s latest growth figures are set to confirm it slipped to become the world's fourth-largest economy last year.
BUSINESS / Economy
Feb 13, 2024

Japan GDP set to confirm slip to world’s fourth-largest economy

Figures for the calendar year are almost certain to show the value of output falling behind Germany’s in dollar terms.
The Nvidia headquarters in Santa Clara, California
BUSINESS / Tech
Feb 13, 2024

Nvidia briefly overtakes Amazon in market value

NVIDIA's market value momentarily surpassed Amazon's on Monday, fueled by soaring demand for its chips used in artificial intelligence computing.
Masahiro Inoue, incoming chief executive officer of Daihatsu Motor, during a news conference in Tokyo on Tuesday
BUSINESS / Companies
Feb 13, 2024

Toyota replaces Daihatsu chief after safety scandal

Masahiro Inoue, the CEO of Toyota Latin America, will replace Soichiro Okudaira effective March 1.
The bond sale is part of Prime Minister Fumio Kishida's plan to sell ¥20 trillion of bonds to help finance projects such as developing low-cost wind power generators and airplanes that use alternative fuels.
BUSINESS
Feb 13, 2024

Japan's first sovereign green bonds expected to attract healthy demand

The financing is meant to help the nation cut greenhouse gases to zero by 2050 and become a carbon-neutral society.
Hisashi Oka, president and CEO
ESG CONSORTIUM
Feb 14, 2024

OAT Agrio grows better farms with green tech, agrochemicals

OAT Agrio Co. Ltd. produces environmentally friendly fertilizers and other agricultural chemicals for the sake of both better food security and nature. In a recent interview with The Japan Times, the company’s president, Hisashi Oka, talked about its hands-on efforts to learn more and continue improving...
Amazon CEO And Blue Origin Founder Jeff Bezos
BUSINESS / Companies
Feb 14, 2024

Jeff Bezos sells $4 billion of Amazon stock, avoiding $288 million levy

Moving to Florida, after Washington imposed a 7% gains tax, the world’s second-richest person offloaded 24 million shares over just four trading days.
No politicians, government officials, bankers or business leaders have voiced strong opposition to Bank of Japan Gov. Kazuo Ueda's intention to put an end to the world’s last negative rate regime.
BUSINESS
Feb 14, 2024

Lack of political opposition opens way for BOJ rate hike

Bank of Japan Gov. Kazuo Ueda is in a rare sweet spot for such a move, in sharp contrast to the experiences of his BOJ predecessors.
Telecoms giant KDDI plans with Mitsubishi to take convenience store operator Lawson private could help it as it currently stands behind FamilyMart and Seven & I Holdings in a three-horse race.
COMMENTARY / Japan
Feb 14, 2024

There are clouds on the horizon in Japan’s 'conbini-land'

Industry consolidation has pushed minor players out of the conbini game.
A Starlink satellite internet system is set up near the frontline town of Bakhmut, Ukraine, in March 2023.
WORLD
Feb 15, 2024

Musk’s Starlink wins license for Israel and parts of Gaza

The service will be available to some authorities in Israel and a field hospital run by the UAE in southern Gaza.
Renesas Electronics will buy software firm Altium in the biggest acquisition yet of an Australian-listed company by a Japanese buyer.
BUSINESS / Companies
Feb 15, 2024

Japan chipmaker Renesas to buy software company Altium for $5.9 billion

The move marks the biggest acquisition yet of an Australia-listed company by a Japanese buyer.
Labor unions at Toyota and other carmakers are seeking record pay increases in this year's spring wage negotiations.
BUSINESS / Companies
Feb 15, 2024

Major auto firm unions request record pay hikes ahead of annual talks

Whether major automakers fully accept unions' demands for a second consecutive year is set to be in focus after the prime minister called for wage hikes.
Nvidia CEO Jensen Huang attends a session of the World Governments Summit in Dubai on Monday.
BUSINESS / Companies
Feb 15, 2024

Nvidia overtakes Alphabet, one day after eclipsing Amazon

The AI frenzy has boosted tech stocks associated with the field, but Nvidia stands out for its significant revenue growth.

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