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Nisssan Chief Planning Officer Ivan Espinosa speaks during an online news conference on Tuesday. Espinosa will take over as CEO in April.
BUSINESS / Companies
Mar 12, 2025

Ivan Espinosa to take over as new Nissan CEO in April

Espinosa, the automaker's chief planning officer, joined Nissan in 2003 and has been working on product strategy and planning.
A Toyota bZ4X battery electric vehicle on display at the company's showroom in Toyota, Aichi Prefecture, in June 2024
BUSINESS / Companies
Mar 12, 2025

Toyota sees potential risk to deal brokered with Tesla in Europe

Toyota and other carmakers that were planning to pool with Tesla for this year may need much less help than envisioned back in January.
Secondhand clothing store "Onward Reuse Park Kichijoji" in December in the city of Musashino in Tokyo
JAPAN
Mar 13, 2025

Eyeing waste, Japanese apparel industry pushes sustainable fashion

About 60% of the clothes sold in Japan are thrown away, according to the Environment Ministry.
Sources say a hui suo — a private club, which in Japan caters mainly to Chinese businesspeople — will soon open on the upper floors of the Moutai Building in the Ginza district of Tokyo.
JAPAN / Society
Mar 16, 2025

Private clubs quietly open in Tokyo for free-spending Chinese businesspeople

With the economy weak in China and opportunities harder to come by there, more wealthy individuals have been flocking to Japan.
Rolled steel is stored at a Hyundai Steel plant in Dangjin, South Korea, in 2011.
BUSINESS / Markets
Mar 13, 2025

South Korean steelmakers eye U.S. investments as Trump tariffs kick in

Posco and Hyundai Steel say investments in operations in the U.S. are among their options. Meanwhile, European steel mills warn of a flood of surplus metal.
Officials from Taiwan's Institute for National Defense and Security Research (INDSR), the Ministry of National Defense’s research arm, say the lessons from the Ukraine conflict are clear for the democratic island: drones and other autonomous systems are crucial for its defense.
ASIA PACIFIC / ANALYSIS
Mar 14, 2025

Drones, budgets and infighting: Taiwan's daunting defense challenges

In bridging its military gap with China, Taiwan needs to both overcome key technical challenges of asymmetric warfare.
Microchips are a major source of "forever chemicals” that are linked to cancer and other health problems.
BUSINESS / Tech
Mar 14, 2025

As chips race spews ‘forever chemicals,’ startups emerge to destroy them

A wave of companies are offering potential solutions that won’t cut the chemicals out of the supply chain but destroy them.
K-Ballet Tokyo celebrates its 25th anniversary with an extended lineup including a revival of the vibrant pirate-story ballet "Le Corsaire."
CULTURE / Stage
Mar 15, 2025

K-Ballet Tokyo marks 25 years of passion and perseverance

The dance company celebrates a milestone anniversary with an extended lineup including a revival of the vibrant pirate-story ballet "Le Corsaire."
Kyoko Watanabe made a home for herself in Ishinomaki after moving there to participate in disaster relief efforts following 3/11, and now operates a business focused on the creative reuse of <i>akiya</i> (abandoned houses).
COMMUNITY / Our Lives
Mar 17, 2025

From abandoned houses to ‘creative communities’: An Ishinomaki entrepreneur's vision for rural Japan

Kyoko Watanabe moved to Miyagi Prefecture to help with disaster relief efforts following 3/11. She ended up building a company and a vision for revitalizing rural Japan.
The Nikkei stock average on the Tokyo Stock Exchange on Tuesday. Many firms on the TSE have price-to-book ratios of less than 1, lowering the perceived quality of the exchange, which should consider taking steps to increase valuations and trading volume.
COMMENTARY / Japan
Mar 14, 2025

Tokyo Stock Exchange must weed out underperforming firms

Tokyo wants to become Asia's top financial hub, but faces big obstacles. Among them, the presence of too many companies with low profitability and growth prospects.
Iranian Supreme Leader Ayatollah Ali Khamenei looks on during a meeting with students in Tehran on Wednesday.
WORLD / Politics / ANALYSIS
Mar 15, 2025

Despite tough talk, economic woes may force Iran to bargain with Trump

Behind the defiant rhetoric of Iran's leaders in public, there is a pragmatic willingness within Tehran to strike a deal with Washington.
Thames Water's Beddington Sewage Treatment Works near Croydon, south London, on Friday. Thames Water, and other British water companies privatized since 1989, are under fire for allowing the discharge of large quantities of sewage into rivers and the sea.
ENVIRONMENT
Mar 15, 2025

A stain on Britain: Sewage contaminates its waterways and seas

Failings with the most basic services in British society, such as water and sewage, have been harming the broader U.K. economy.
An aerial view of Thames Water's Beddington Sewage Treatment Works near Croydon, south London on Friday. Thames Water — and other British water companies privatized since 1989 — are under fire for allowing the discharge of large quantities of sewage into rivers and the sea.
WORLD / Science & Health
Mar 17, 2025

A stain on Britain: Sewage contaminates its waterways and seas

The pollution affects the seafood and tourism industries, while delaying construction projects and hampering the economy.
The Metropolitan Police Department in Tokyo's Chiyoda Ward. Tokyo police have arrested a number of suspects this month in connection with home improvement scams.
JAPAN / Crime & Legal
Mar 17, 2025

Police issue warning over home improvement scams

Such scams use similar tactics to those employed by fraudsters who impersonate relatives or public agency officials over the phone to defraud victims of their money.
Officials from the state-run Alaska Gasline Development Corporation and development partner Glenfarne Group want to transport natural gas south from Alaska's remote north via a $44 billion 1,300-kilometer pipeline, to be shipped as liquefied natural gas to Japan, South Korea and Taiwan.
BUSINESS
Mar 18, 2025

Alaskan officials to seek investors in Japan as Trump touts LNG

Japanese energy firms have yet to commit, with cost being a focal point.
The Intel headquarters in Santa Clara, California
BUSINESS / Tech
Mar 18, 2025

Intel's new CEO plots overhaul of manufacturing and AI operations

Intel reported an annual loss of $19 billion in 2024, its first since 1986.
BYD's large cylindrical cell batteries are pictured at Smart Energy Week in Tokyo on Feb. 19.
BUSINESS / Tech
Mar 18, 2025

How BYD’s five-minute charging stacks up against the competition

The Chinese firm is now staking claim to a system it says will make it as quick to charge an electric vehicle as to refuel a gasoline car.
The Japanese postal mark displayed on a Japan Post post box in Tokyo
JAPAN
Mar 18, 2025

Number of Japan Post clients affected by misuse of information rises to 10 million

"We deeply apologize for causing anxiety and worry," Japan Post Holdings Managing Executive Officer Miho Ichiki told a news conference.
U.S. President Donald Trump speaks with C.C. Wei, chief executive of Taiwan Semiconductor Manufacturing Co., at a news conference in Washington on March 3.
BUSINESS / Tech
Mar 19, 2025

Tariff threats spur TSMC’s Taiwan peers to seek U.S. expansion

Taiwanese electronic firms' migration of manufacturing to the U.S. has accelerated from previous years as U.S. President Donald Trump threatens more trade barriers.
Malaysian Prime Minister Anwar Ibrahim (center left) and Arm Holdings CEO Rene Haas (center right) during a ceremony to launch a collaboration between Malaysia and the chipmaker in Kuala Lumpur on March 5
BUSINESS / Tech
Mar 19, 2025

Malaysia's Silicon Valley ambitions face tough challenges

Internal constraints such as a talent crunch, funding problems and other supply chain gaps present key hurdles to the Southeast Asian country.
SoftBank Group has agreed to acquire semiconductor designer Ampere Computing.
BUSINESS / Companies
Mar 20, 2025

SoftBank seals $6.5 billion deal for chip designer Ampere

The move further broadens the Japanese investment firm’s push into artificial intelligence infrastructure.
Alex Miller, CEO of Alimentation Couche-Tard, speaks during a news conference in Tokyo last week.
BUSINESS / Companies
Mar 20, 2025

Couche-Tard seeks to reassure investors on Seven & I approach

The parent company of the Circle K chain has been pursuing Seven & I for months, bidding almost $50 billion for it, but has been rebuffed.
Some critics of Prime Minister Shigeru Ishiba call him weak and indecisive, saying his leadership has led to policy blunders that may make his grip on power increasingly untenable.
COMMENTARY / Japan
Mar 20, 2025

Prime Minister Ishiba’s struggles put his leadership in jeopardy

With the world as turbulent as it is, the country cannot continue with such a weak and indecisive leader.
Toyota's new research and development center in India will begin operations with a team of about 200 people in Bengaluru.
BUSINESS / Companies
Mar 21, 2025

Toyota’s new R&D unit signals its sharper India focus

The research facility comes after Toyota last year reorganized India to be the hub of its operations across the Middle East, East Asia and Oceania region.
At the inauguration of a factory owned by Japanese power electronics manufacturer TMEIC in Tumakuru, India, in 2017. Although Japanese companies have become a significant presence in India, the flow of fresh investment has slowed down.
COMMENTARY / Japan
Mar 23, 2025

Japan-India business ties can go the extra mile

After remarkable growth, Japan-India business ties are plateauing. Companies on both sides need help from their governments to promote more understanding and, hence, opportunities.
Ukraine will do its "job" and hold up its end of agreements reached with the United States, Ukrainian President Volodymyr Zelenskyy said in Kyiv on Tuesday.
WORLD / Politics
Mar 26, 2025

U.S. says Black Sea truce set even as the Kremlin lays out terms

The U.S. said Russia and Ukraine agreed to the ceasefire even as the Kremlin said its involvement would depend on a series of preconditions.
Tatsuo Hashida (second from right), head of a group representing victims who suffered from having given large donations to the Unification Church in Kochi Prefecture, speaks during a news conference in Kochi on Tuesday.
JAPAN / Crime & Legal
Mar 26, 2025

Unification Church victims voice joy over stripping of group's legal status

The Tokyo District Court stripped the controversial group of its religious corporation status on Tuesday.
Rengo President Tomoko Yoshino speaks at a Democratic Party for the People convention in Sumida Ward, Tokyo, on Feb. 11.
BUSINESS / WOMEN AT WORK
Apr 6, 2025

Breaking with tradition: From the shop floor to fighting for millions

Tomoko Yoshino has rubbed shoulders with political heavyweights and business leaders as the first female leader of Rengo.
The Tokyo District Court on Wednesday found a former judge guilty of insider trading.
JAPAN / Crime & Legal
Mar 26, 2025

Court convicts former judge over insider trading

Soichiro Sato was given two years in prison, suspended for four years, fined ¥1 million and ordered to pay an additional ¥10.2 million penalty.
Nissan is set to roll out a number of new and refreshed models in fiscal 2025 and 2026 as it seeks to halt its financial free fall.
BUSINESS / Companies
Mar 26, 2025

Nissan’s next CEO says it needs partners and he’s open to Honda

Ivan Espinosa, who currently serves as Nissan’s chief planning officer, takes the helm at a critical time for the company.

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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