Search - sales

 
 
Stephen Ma, the head of Nissan’s operations in China, speaks during a news conference at the Shanghai auto show on Wednesday.
BUSINESS / Companies
Apr 23, 2025

Nissan commits another $1.4 billion to China with EVs in focus

"With China moving so fast, we want to stay and we want to compete,” said Stephen Ma, the head of Nissan’s operations in China.
An attendee plays with the Nintendo Switch 2 gaming device at a media event in Tokyo on April 3.
BUSINESS / Companies
Apr 24, 2025

Nintendo says demand for Switch 2 console in Japan is overwhelming

"We have received 2.2 million applications for the lottery sale at our official online store for customers in Japan alone," said Nintendo President Shuntaro Furukawa.
New vehicles for sale at a Toyota dealership in El Centro, California. Toyota is planning to spend $88 million at an engine factory in West Virginia to widen its manufacturing footprint in the United States.
BUSINESS
Apr 24, 2025

Toyota to invest ¥12.5 billion in West Virginia plant amid Trump tariff push

The spending will secure the continued employment of some 2,000 workers at the factory, but a spokesman said it won’t result in any new jobs.
Last year was the hottest on record in Japan and globally. An enduring stretch of peak warm weather worldwide has prompted scientists to look for the causes as they try to understand whether we have entered a dangerous phase of accelerated heating.
COMMENTARY / World
Apr 24, 2025

Creating the best possible climate models is existential

Scientists' work in building and interpreting climate models must be fine-tuned so that this data can inform the policies capable of living up to the challenge of global heating.
Nomura is looking to deepen its foothold in its traditional Wall Street businesses by weighing a return to offering cash prime-brokerage services in the United States and Europe.
BUSINESS / Companies
Apr 25, 2025

Nomura weighs return to prime brokerage four years after Archegos

Prime brokerage, which involves banks lending cash and securities to hedge funds, has become an increasing money maker for Wall Street in recent years due to high equities prices.
Stephen Dacus, incoming chief executive officer of Seven & I Holdings, speaks during an interview at the company's headquarters in Tokyo on Friday. Dacus plans to boost investments in its U.S. stores using cash from a planned listing of its American retail operations.
BUSINESS / Companies
Apr 25, 2025

Seven & I’s new CEO plans aggressive investments in U.S. stores

In addition to investing in its North America operations, Stephen Dacus is also looking to review the company’s supply chain globally.
Resona Bank officials attend a ceremony in Los Angeles on Friday to open its first U.S. office in 21 years.
BUSINESS / Companies
Apr 27, 2025

Resona Bank sets up U.S. office for first time in 21 years

The move reflects the bank's aim to enhance business support for some 1,200 client companies operating in the United States.
A man holds a Canadian flag ahead of Canada's Prime Minister Mark Carney's Liberal Party election campaign event at candidate Amarjeet Sohi’s campaign office, in Edmonton, Alberta, Canada, on Sunday.
WORLD / Politics
Apr 28, 2025

Candidates in Canada election make final pitches under shadow of Vancouver tragedy

Sunday was the final day of a five-week campaign for the candidates to make their case ahead of an election entered largely on Trump's tariffs and threats to annex Canada.
There is strong demand for funding from Japanese companies as the economy emerges from years of deflation, and issuers are trying to pinpoint the best time to sell bonds before the Bank of Japan raises interest rates again.
BUSINESS / Companies
Apr 28, 2025

Revived corporate bond deals in Japan underline need for funding

Volatility is particularly tricky for Japan to navigate given that the market has been less exposed to extreme swings after years of rock-bottom interest rates.
A man places a lit candle at a vigil at 41st and Fraser street in Vancouver on Sunday, a day after a car drove into a crowd during the Lapu Lapu Festival, killing at least 11. The suspect in the attack has been charged with murder.
WORLD
Apr 29, 2025

Filipino 'caring culture' hit hard by Canada truck-ramming that killed 11

Many have carved out their place in Canada by raising other people's children while others tend to the elderly or have found careers as medical technicians.
Microsoft signage in New York on Oct. 25, 2024. Microsoft’s sudden decision to pause work on some data centers suggests cloud computing providers may be reevaluating expenditures.
BUSINESS / Tech
Apr 29, 2025

Big Tech’s earnings problem is estimates may be way too high

There’s little expectation executives will be able to give estimates with any degree of confidence, given the high level of macroeconomic uncertainty.
Boy band Epex is set to play an event at a 1,000-capacity hall in Fuzhou, Fujian province.
CULTURE / Entertainment news
Apr 30, 2025

China’s first K-pop concert in years signals efforts to mend ties

In the middle of a trade war, China extends a cultural olive branch to its Korean neighbors.
U.S. Secretary of Commerce Howard Lutnick listens to U.S. President Donald Trump speak during an event to sign executive orders in the Oval Office of the White House in Washington on April 23.
BUSINESS / Markets
Apr 30, 2025

Trump eases auto tariff burden as Lutnick touts foreign trade deal

A group representing Toyota, Volkswagen, Hyundai and nine other foreign automakers said Trump's order provided some relief but that "more must be done."
U.S. President Donald Trump at his 100th day rally in Michigan on Tuesday
WORLD / Politics
Apr 30, 2025

Trump bashes Powell and touts tariffs at rally marking 100 days

The president’s denunciation came even though earlier this month he said he did not plan to fire the central bank chief.
Public transportation ridership across the U.S. hasn’t yet returned to its pre-COVID peak.
WORLD
Apr 30, 2025

A $6 billion shortfall has U.S. mass transit facing a death spiral

The Trump administration is drastically reining in federal spending, creating fear of job losses that could again decimate ridership.
The Apple App Store app on an iPhone on June 25, 2024
BUSINESS / Tech
May 1, 2025

Apple must halt non-app store sales commissions, judge says

U.S. District Judge Yvonne Gonzalez Rogers sided Wednesday with Fortnite maker Epic Games over its allegation that the iPhone maker failed to comply with a court order.
People take part in the European Defense Tech Hub hackathon in Amsterdam on March 28.
WORLD / Politics
May 2, 2025

Mission before money: How Europe's defense startups are luring AI talent

A sense of patriotism stirred by the war in Ukraine and U.S. President Donald Trump's upending of security alliances is a motivation for many.
The Otemachi Financial City Grand Cube, which houses the Mitsubishi UFJ Morgan Stanley Securities head office, in Tokyo. MUMSS has stopped selling so-called structured loans after purchases of the products by regional banks prompted a regulatory backlash.
BUSINESS / Companies
May 2, 2025

MUFG joint venture stops selling structured loans after scrutiny

It’s the first known instance of a major brokerage ending this business in what was a booming market.
Myaku-Myaku, the mascot of the 2025 Osaka Expo. Some people in the Japanese government are hoping that U.S. President Donald Trump will visit Japan to see the expo.
JAPAN
May 3, 2025

Trump visit to Osaka Expo likely to depend on tariff talks

A visit could provide a tailwind to Prime Minister Shigeru Ishiba's ruling coalition ahead of this summer's Upper House election, observers said.
A Shein pop-up store in New York. Many goods imported from China now face a 145% tariff.
BUSINESS
May 3, 2025

Young Americans sour on Trump’s China tariffs despite election-year bump

For Republicans, the trade war is poised to reverse gains with a demographic that could be key to maintaining control of Congress.
An Israeli soldier walks near tanks deployed at a position near Israel's border with the Gaza Strip on Sunday.
WORLD / Politics
May 5, 2025

Israel prepares to scale up pressure on Gaza ahead of Trump visit

The new ground operations will likely involve taking control of additional territory while stopping short of a full siege.
Finance Minister Katsunobu Kato (right) speaks during a news conference in Milan on Sunday.
BUSINESS
May 5, 2025

Finance chief Kato walks back idea of U.S. Treasury sales as trade chip

Japan held roughly $1.13 trillion in Treasury Securities at the end of February — making it the biggest overseas holder of U.S. debt.
Several Europe-based carmakers have withdrawn or cut guidance in response to the trade war, including Jeep-owner Stellantis, Porsche and Mercedes-Benz Group.
BUSINESS / Markets
May 5, 2025

European firms fare better than expected through early trade pain

Companies on the MSCI Europe index are averaging earnings growth of 3.8% so far, outpacing preseason estimates of a 1.4% decline.
The Nike House of Innovation store on Fifth Avenue in New York. CEO Elliott Hill, who came out of retirement to take the top job in October, said that Nike is resetting its priorities.
BUSINESS / Companies
May 6, 2025

Nike president O’Neill out in latest shake-up under new CEO

CEO Elliott Hill said the sportswear company is resetting its priorities.
Data center servers and components containing the newest artificial intelligence chips from Nvidia are seen on display at the company's GTC software developer conference in San Jose, California, on March 19.
WORLD / Politics
May 6, 2025

U.S. lawmaker targets smuggling of Nvidia chips to China with new bill

Rep. Bill Foster said the technology to track chips after they are sold is readily available, with much of it already built into Nvidia's chips.
SMBC Nikko Securities hired former Nomura Holdings senior executive Susumu Usui as co-head of equity and ex-Citigroup’s Keita Matsumoto as head of financial markets.
BUSINESS / Companies
May 7, 2025

SMBC Nikko hires former Nomura and Citi top executives in rebuild

The firm is seeking to strengthen its business following the rigging scandal more than two years ago, which led to the loss of several equity executives.
A semiconductor wafer is magnified through the lens of a microscope in Seoul on April 30. A rule introduced by former U.S. President Joe Biden to restrict the export of sophisticated chips has been described as "unenforceable."
BUSINESS / Tech
May 8, 2025

Trump administration to rescind and replace Biden's AI chip export curbs

A spokeswoman for the Department of Commerce said the rule is "overly complex" and "unenforceable."
Deceptive contractors prey on elderly homeowners and pressure them into signing contracts by making claims such as, "If you leave it unchanged, your house will tilt."
JAPAN / Crime & Legal / FOCUS
May 8, 2025

Japan struggles to crack down on home renovation scams

A senior police official said the rise in fraudulent renovation work is largely due to a legal loophole over small-scale construction work.
Tokyo-based satellite maker Axelspace's initial public offering is expected to be approved by the Tokyo Stock Exchange later this month, people with knowledge of the matter said.
BUSINESS / Companies
May 8, 2025

Axelspace is latest Japan space startup to seek IPO, sources say

If successful, it would be the fifth such listing of a Japanese spacecraft venture over the last two years.
A supermarket in Chiba. Politicians in Japan might cut the consumption tax to help households and the economy.
BUSINESS / Economy
May 8, 2025

Economists debate consumption tax cut as Japanese politicians warm to idea

Japanese politicians are considering the possibility of lowering the consumption tax to stimulate the economy in the face of U.S. tariffs.

Longform

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