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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.
TSMC’s surge propelled Taiwan’s benchmark index to a record high, as expectations of booming demand for artificial intelligence technology drove investor sentiment.
BUSINESS / Tech
Feb 15, 2024

TSMC soars most since 2020, lifting Taiwan on AI optimism

The company’s surge propelled Taiwan’s benchmark index to a record high, as expectations of booming demand for AI technology drove investor sentiment.
Taiwan Semiconductor Manufacturing Co.'s first Kumamoto plant in the town of Kikuyo, Kumamoto Prefecture, on Feb. 10
BUSINESS / Companies
Feb 16, 2024

Japan boosts aid to chip projects amid global race

Prompted by concerns, the government acted swiftly to prevent the potential loss of domestic production bases.
BASEBALL
Feb 16, 2024

Seoul mayor hopes interest in Shohei Ohtani and MLB brings more games to South Korea

The Seoul Series will be a chance for South Korea and MLB to work together to revive professional baseball’s popularity in the nation.
Shoppers walk past an ID Hub, a Volkswagen showroom for electric cars, at a mall in Shanghai on Dec. 3, 2023.
BUSINESS / Companies
Feb 19, 2024

Firms with deep roots in China reconsider their Xinjiang ties

Volkswagen Group is reviewing the future of its joint venture in the Xinjiang region of northwestern China
ASML engineers walk past a High NA EUV tool at ASML’s headquarters in Veldhoven, Netherlands, on Nov. 20, 2023.
WORLD / Politics
Feb 20, 2024

Dutch say China seeks military advantage from ASML tools

Netherlands-based ASML, Europe's largest tech firm, dominates the world market for lithography systems, needed by computer chipmakers.
BUSINESS
Feb 20, 2024

Hirotake Yano, founder of ¥100 chain Daiso, dies at 80

The retailer capitalized on a shift in spending habits after Japan's economic bubble burst, launching Yano onto the Bloomberg Billionaires Index.
CocoDesk private work booths set up by Fujifilm Business Innovation and Tokyo Metro at a subway station in Tokyo
BUSINESS / Companies
Feb 20, 2024

Demand for private work booths grows in Japan

The increase in the use of private work booths reflects how working styles have become more diverse since the pandemic.
Visa-free access for Chinese tourists to Southeast Asia countries boosted traffic and signaled a robust revival in travel since Beijing lifted strict COVID-19 restrictions in early 2023 that had all but shut China's borders for three years.
BUSINESS / Economy
Feb 21, 2024

Chinese tourists flock to Southeast Asia as travel bounces back

The increase provides welcome relief to countries that rely on the Chinese and their spending.
Volkswagen ID.3 and Cupra Born electric cars on the production line at the company’s plant in Zwickau, Germany.
BUSINESS / Companies
Feb 21, 2024

Europe is being forced to reboot its car industry

Unless they can get strategies back on track, Europe’s automakers risk falling further behind China and Tesla
A Rapidus factory construction site in Chitose, Hokkaido, in December
BUSINESS / Tech
Feb 21, 2024

Japan’s chip spree aims to kick economy into high gear

The government’s chip strategy aims to triple domestic chip sales to around ¥15 trillion by 2030.
As their popularity grow, Shein and Temu together send almost 600,000 packages to the U.S. every day.
BUSINESS / Companies
Feb 22, 2024

Rise of fast-fashion Shein and Temu roils global air cargo industry

Their pursuit of limited air-cargo space to woo consumers with rapid transit times make off-peak seasons almost disappear and cause capacity shortages.
Brooklyn-based startup HEVO is working with other firms to develop wireless EV charging systems.
BUSINESS / Tech
Feb 22, 2024

Wireless charging for electric cars is inching closer to reality

Major hurdles include slow charging speeds and the money and interest needed to build stations and get more carmakers on board.
Chorus supported A Space for the Unbound by publishing the console versions of the game, which meant working closely with platforms like Nintendo for the eShop and physical versions while also providing additional Japanese localization for the game.
LIFE / Digital / ON: GAMES
Feb 24, 2024

How a small publisher links Japan to global indie gaming hits

Chorus Worldwide was founded in 2014, but the combined games pedigree of its core team goes much further back.
The Huawei Mate 60 Pro, launched in August 2023 and powered by a sophisticated chip, was seen as a symbol of the China's technological resurgence despite Washington's ongoing efforts to cripple its capacity to produce advanced semiconductors.
BUSINESS / Tech
Feb 22, 2024

U.S. targets China chipmaking plant after Huawei Mate 60 Pro

The Biden administration seeks to cut off China's most advanced factory from more American imports after it produced a sophisticated chip for the phone.
Thailand will seek to get a new cannabis bill explicitly outlawing the recreational use of cannabis approved by the end of October.
ASIA PACIFIC / Crime & Legal
Feb 22, 2024

Thailand aims for clampdown on recreational cannabis by year-end

The move would put thousands of marijuana shops and farms out of business.
The volume of mergers and acquisitions linked to Japan has grown 43% so far this year.
BUSINESS / Companies
Feb 22, 2024

Japan sees dealmaking boom as mergers and acquisitions rise 43%

A strong stock market is giving companies more scope for acquisitions at a time when the government and investors are pressuring firms to bolster growth.
China’s tech firms were caught off guard by breakthroughs in generative artificial intelligence — Beijing’s regulations and a sagging economy aren’t helping.
BUSINESS / Tech
Feb 22, 2024

China’s rush to dominate AI has a twist: It depends on U.S. technology

Even as the United States has tried to slow China’s advancements, it has not held back the practice of openly releasing software to encourage its adoption.
With the wars in Ukraine and Gaza claiming America’s attention and the world undergoing a broader geopolitical reconfiguration, China might see a window of opportunity in forcing its claim on Taiwan.
COMMENTARY / World
Feb 21, 2024

A Taiwan crisis is coming

Already, Xi Jinping has been stepping up intrusions into Taiwan's air defense zone and encircling the island with warships.
BUSINESS / Tech
Feb 24, 2024

Chip giant TSMC shifts away from hot spot Taiwan with Japan plant

The chipmaker's new plant in Kumamoto will boost the resilience of global supplies of the crucial hardware, founder Morris Chang told an opening ceremony.
Japan, Britain and Italy have made headway in their joint next-generation fighter aircraft project, with industry officials saying that the partners are close to completing the aircraft’s conceptual design phase.
JAPAN / FOCUS
Feb 26, 2024

Japan joint fighter program gains steam as firms zero in on conceptual design

The completion of the conceptual design phase will allow Japan, Britain and Italy to move to the next stage of the program next year.
Smoke rises from the Posco steel mill in Pohang, South Korea.
BUSINESS / Companies
Feb 26, 2024

South Korea’s biggest polluters made millions from carbon sales

Seoul was one of the first in Asia to start an emissions-trading system, but it has fallen short of encouraging industrial polluters to reduce pollution.
Sean Bailey, president of Walt Disney Studios Motion Picture Production, at his office in Burbank, California
BUSINESS / Companies
Feb 27, 2024

Disney reshuffles leadership at troubled namesake movie division

New President David Greenbaum oversaw the release of Oscar nominated "Poor Things" and previous winners such as "The Shape of Water" and "Nomadland."
BUSINESS / Companies
Feb 27, 2024

Restaurant chain Torikizoku to open branches in Taiwan and Hong Kong

Specific details regarding the number of restaurants and finalized opening dates in Hong Kong and Taiwan are yet to be determined.
JAPAN / Politics
Feb 27, 2024

What to know about the ethics committee probing the LDP funds scandal

When the committee convenes later this week, at least five senior ruling party officials are expected to testify on what they knew about the scandal.
Farmers in India take part in a recent march on New Delhi to demand that minimum crop prices be written into law in scenes reminiscent of protests in 2021. 
COMMENTARY / World
Feb 27, 2024

India’s farmers are mad as hell and not going to take it anymore

Farmers in India are marching to demand that guaranteed crop prices promised in 2021 be written into law. Will Modi acquiesce like he did three years ago?
A Honda CR-V e:FCEV on display at H2 & FC Expo in Tokyo on Wednesday
BUSINESS / Companies
Feb 28, 2024

Honda to sell plug-in hydrogen vehicle in North America, Japan

Japan's second-largest carmaker hopes to ease drivers’ anxiety over finding hydrogen stations by adding electric recharging capabilities.
In Tokyo's 23 wards, the average unit price of new condominiums in 2023 soared about 40% from the previous year to ¥114.83 million, topping ¥100 million for the first time.
BUSINESS
Feb 29, 2024

Japan's average condo price hits record high for seventh year in 2023

The nationwide average price was pushed up by rising costs for construction materials and labor.

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