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August 02, 2025
 

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Tim Cook (left), chief executive officer of Apple; John Giannandrea (center), senior vice president of machine learning and AI strategy at Apple; and Craig Federighi, senior vice president of software engineering at Apple, during the Apple Worldwide Developers Conference in Cupertino, California, on Monday
BUSINESS / Companies
Jun 13, 2024

Apple to ‘pay’ OpenAI for ChatGPT through distribution, not cash

The partnership is apparently not expected to generate meaningful revenue for either party — at least, not at the outset.
A nuclear power plant in Crystal River, Florida. While the public have warmed to nuclear in recent years, spiraling project costs have made private equity cautious.
BUSINESS
Jun 15, 2024

Building nuclear power is a bridge too far for world’s private investors

While the public have warmed to nuclear in recent years, spiraling project costs have made private equity cautious.
A Malawian subsistence farmer surveys her maize fields in Dowa near the capital Lilongwe.
BUSINESS / Tech
Jun 15, 2024

The AI revolution comes for farmers growing a third of our food

In Malawi, subsistence farmers are using an AI app to get tips on how to diagnose crop and farm animal diseases.
GMO Internet Group is making a foray into the artificial intelligence and robot business to spread the use of such tech products and services in Japan.
BUSINESS / Companies
Jun 19, 2024

Japan’s GMO takes aim at labor shortage with AI and robotics company

It will focus on matching robot and drone manufacturers and AI developers with businesses.
Digital crime in Sweden has doubled since 2021 and become a growing risk for the Nordic economy.
BUSINESS / Tech
Jun 22, 2024

Ditching paper money makes Sweden a haven for digital criminals

Digital crime in Sweden has doubled since 2021 and become a growing risk for the Nordic economy.
Turbines at a wind farm in Suttsu, Hokkaido. A renewable energy initiative called on Japan to triple its capacity of clean electricity.
BUSINESS / Economy
Jun 25, 2024

Japan urged to triple renewables capacity by 2035

The world's fourth-largest economy is heavily reliant on fossil fuels
Workers assemble second-generation R1 vehicles at electric carmaker Rivian's manufacturing facility in Normal, Illinois, on Friday.
BUSINESS / Companies
Jun 26, 2024

Volkswagen's $5 billion investment in Rivian boosts EV maker's shares

The investment will provide Rivian the funding necessary to develop its less expensive and smaller R2 SUVs, and help it turn cash-flow positive.
Japan’s Economy, Trade and Industry Minister Ken Saito (left), U.S. Commerce Secretary Gina Raimondo (center) and South Korea’s Minister of Trade, Industry and Energy Ahn Duk-geun in Washington on Wednesday
BUSINESS / Economy
Jun 27, 2024

U.S., Japan and South Korea vow strategic cooperation

"We're doubling down our efforts to work together," U.S. Commerce Secretary Gina Raimondo said.
An employee works on a laptop next to a drone at SD Guthrie's Sungai Linau estate in Selangor, Malaysia, on June 6.
BUSINESS / Tech
Jun 29, 2024

Robots are stepping into one of Asia’s dirtiest farm jobs

With global stockpiles of palm oil set for the first back-to-back decline in more than 40 years, Malaysia is pushing for automation to boost production.
A Chinese worker organizes plastic doll heads after painting them at a toy factory in Xietang, Zhejiang Province, China, in 2015.
BUSINESS / Markets
Jul 2, 2024

China’s plastics boom is set to create another trade headache

Parts of the country’s sprawling petrochemicals sector are running at as little as half capacity as producers cut back.
Elliott Investment Management's sizable stake in Sumitomo reflects a growing shareholder activism in Japan.
BUSINESS / Companies
Jul 2, 2024

Activist investor campaigns hit record high, driven by Japan

The number of new activists campaigns totaled 147, up 7% from 138 in the same period in 2023 and 29% above the five-year average.
A humanoid robot to be used by West Japan Railway for maintenance operations
BUSINESS / Companies
Jul 5, 2024

Japan deploys humanoid robot for railway maintenance

The machine can use various attachments for its arms to carry objects, hold a brush to paint or use a chainsaw.
Toyota Customizing & Development, a Toyota subsidiary, broke the subcontract payment law, the Fair Trade Commission said.
BUSINESS / Companies
Jul 5, 2024

Toyota unit violated subcontractor protection law: regulator

Yokohama-based Toyota Customizing & Development broke the law by having dozens of suppliers store metal die casts and other items without paying any storage fees.
Visitors walk past an Amazon exhibition booth during the World Artificial Intelligence Conference in Shanghai on Friday.
BUSINESS / Tech / FOCUS
Jul 6, 2024

Is AI a major drain on the world's energy supply?

The spread of data centers across the globe is throwing a spotlight on the amount of energy the technology uses as well as its impact on the environment.
The Chinese Communist Party's Central Committee typically meets seven times in its five-year tenure, with the third of these plenums being particularly important as it represents the first chance for the new leadership to properly introduce its broad thinking on economic and political issues.
BUSINESS / Markets
Jul 8, 2024

Why China’s third plenum matters for global investors

The typically once-in-five-years conclave of top officials usually deals with major economic and political policy changes.
Japan's core machinery orders unexpectedly fell for a second straight month in May.
BUSINESS / Economy
Jul 11, 2024

Japan's key capex gauge falls again, clouds outlook for durable growth

The volatile leading indicator of capital spending fell 3.2% month-on-month in May, following a 2.9% drop in April.
The Nikkei stock average hit another record high on Thursday, rising above the 42,000 level for the first time.
BUSINESS / Markets
Jul 11, 2024

Japan's Nikkei average hits record high, topping 42,000 on Wall Street gains

The 225-issue average went on to secure a third consecutive record high close this week, after an overnight rally in U.S. stocks boosted investor sentiment.
When Microsoft took a non-voting, observer position on OpenAI's board in November, it triggered unease among antitrust watchdogs in the European Union, Britain and the United States over how much control it exerts over the artificial intelligence startup.
BUSINESS / Companies
Jul 11, 2024

Microsoft ditches OpenAI board observer seat to avert antitrust scrutiny

The move comes amid concerns among British and U.S. antitrust watchdogs over Microsoft's influence over OpenAI and the latter's independence.
Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during a news conference in Tokyo in June.
BUSINESS / Companies
Jul 12, 2024

SoftBank buys struggling U.K. chip startup Graphcore in AI race

The deal marks Softbank's second acquisition of a U.K. semiconductor firm, following its 2016 purchase of Cambridge-based Arm Holdings.
Pedestrians in the Wangfujing shopping area in Beijing on July 11, 2024. China's economic growth in the second quarter was lower than forecast, adding pressure on Chinese leaders to lift confidence at the Chinese Communist Party's third plenum this week.
BUSINESS / Economy
Jul 15, 2024

China’s economic growth comes in worse than expected

Underwhelming data for the second quarter puts pressure on Chinese leader Xi Jinping to lift confidence at this week's twice-a-decade policy meeting.
The underperformance of the Tokyo Stock Exchange's Growth Market 250 illustrates how smaller companies may bear a heavier burden should Bank of Japan officials raise interest rates.
BUSINESS / Markets
Jul 19, 2024

Newfound love for Japan’s small cap stocks to be tested

Strategists are increasingly concerned that the prospect of rising interest rates will weigh on smaller businesses that are vulnerable to rising borrowing costs.
The People's Bank of China building in Beijing on May 29
BUSINESS / Markets
Jul 22, 2024

China cuts key rate after Xi’s big meeting disappoints investors

The People’s Bank of China cut the seven-day reverse repo rate, a key short-term policy rate, in the first reduction in almost a year.
People visit the Xpeng booth during the 20th Shanghai International Automobile Industry Exhibition on April 19, 2023.
BUSINESS / Tech
Jul 22, 2024

Volkswagen and Xpeng deepen software collaboration across EVs in China

Chinese electric vehicle maker Xpeng said that it has entered into a technical collaboration agreement with Volkswagen.
The Porsche booth at the Beijing International Automotive Exhibition in Beijing on April 25
BUSINESS / Economy
Jul 24, 2024

China’s slowdown is taking a rising toll on European profits

From luxury brands to carmakers, more trouble is coming for European businesses heavily reliant on demand in the Asian economic giant.
TikTok has deployed Washington power brokers and $1,500-an-hour attorneys to fend off a new law barring the app unless its Beijing-based parent, ByteDance, divests.
BUSINESS / Tech / FOCUS
Jul 27, 2024

TikTok’s survival is at stake in all-out fight against U.S. ban

TikTok has deployed Washington power brokers and $1,500-an-hour attorneys to fend off a new law barring the app unless ByteDance divests.
Even small and indirect sums from the Government Pension Investment Fund would help startups to get their businesses going.
BUSINESS / Companies
Jul 29, 2024

Japanese pension funds tiptoe into moonshot tech investments

More sources of funding would help the country’s on-again-off-again quest to monetize pioneering research.
New Zealand Prime Minister Christopher Luxon speaks during a joint press conference with Japanese Prime Minister Kishida Fumio following their bilateral meeting at the Luxon's residence on June 19.
BUSINESS
Aug 5, 2024

New Zealand scraps clean, green policies to boost economy

New Zealand's government is shifting its priorities toward increasing exports to support its flailing economy.
Nissan CEO Makoto Uchida (left) and Honda CEO Toshihiro Mibe hold a joint news conference in Tokyo last week.
BUSINESS / Companies
Aug 6, 2024

Separate software efforts by Japan's carmakers may jeopardize success

The government has set a goal of having Japanese companies account for 30% of the software-defined vehicle market worldwide by 2030.
The NVIDIA logo in Los Angeles on July 31, 2017
BUSINESS / Tech
Aug 7, 2024

Samsung's HBM3E chips clear Nvidia's tests for use, sources say

HBM3E chips are likely to become the mainstream HBM product in the market this year.
Hideki Ito, commissioner of the Financial Services Agency, says Japan needs to be cautious about approving crypto-linked exchange-traded funds.
BUSINESS / Markets
Aug 8, 2024

Japan’s top finance regulator hesitant on crypto ETF approvals

Whether to follow the likes of Hong Kong and the U.S. by approving crypto-linked exchange-traded funds requires "cautious consideration,” he said.
Why did such a powerful earthquake produce such a weak tsunami?
A person records images of waves following a tsunami advisory generated by local authorities after an earthquake struck off Russia's Kamchatka Peninsula, prompting warnings and evacuations stretching across at the South Pacific, in Vina del Mar, Chile, on Wednesday.
Last soldiers of Imperial Japanese Army have a warning for younger generations
Kunshiro Kiyozumi, 97, who was the youngest crew member of the Imperial Japanese Navy submarine I-58 in World War II, on his way to a restaurant to have lunch in Matsuyama, Japan, on April 29.
80 years on, former teacher conveys history of hidden island in World War II
Masayuki Yamauchi teaches junior high school students about the history of Okunoshima, an island in Takehara, Hiroshima Prefecture, in May.
1,010 food and beverage prices to rise in Japan in August
The price increases in August will be especially noticeable for dairy products, including milk and yogurt, according to the research firm Teikoku Databank.
GTN takes a chance on newcomers to Japan
Hiroyuki Goto, president of GTN. The company started after Goto personally co-signed leases for around 20 non-Japanese people, including some friends and friends of friends.
Junglia brought dinos back to Okinawa. But will it bring tourists?
At Panorama Dining, one of Junglia’s two proper restaurants that also doubles as the rooftop Inifinity Terrace overlook, guests can pay extra to sit in balcony tables made to look like birds’ nests overlooking the park grounds.
Coordination office marks first step in U.S. Forces Japan’s shift to ‘warfighting’ command
U.S., Japanese and Australian staff work in the JJOC Cooperation Team office at the U.S. Army’s Hardy Barracks in central Tokyo in this image posted to the Australian Embassy's X account on July 25.
GTN takes a chance on newcomers to Japan
Hiroyuki Goto, president of GTN. The company started after Goto personally co-signed leases for around 20 non-Japanese people, including some friends and friends of friends.
Artist Chiharu Shiota weaves a hidden marvel on Teshima
“Memory of Lines” is Chiharu Shiota’s second art installation on Teshima as part of the Setouchi Triennale.
How the Japanese TV industry is changing
Fuji TV headquarters in Tokyo's Minato Ward. Fuji TV came under fire over the manner in which it handled a case of “sexual trouble” involving former boy band member Masahiro Nakai and a female announcer.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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
By Jason Coskrey

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