Search - business

 
 
A Pertamina fuel storage facility at Tanjung Priok port in Jakarta in 2022
BUSINESS / Companies
Aug 18, 2025

Indonesia’s ‘gasoline godfather’ targeted in $18 billion graft probe

Mohammad Riza Chalid is the most audacious target to date for the current administration, as it reshuffles its energy procurement and attempts to supercharge growth.
Former Suntory Holdings CEO Takeshi Niinami said he did not violate the law.
BUSINESS / Companies
Sep 3, 2025

Niinami, a tough and respected leader, remains at helm of Keizai Doyukai for now

He has championed fast wage increases and a tough approach to wrongdoing.
Business sentiment among major Japanese companies turned positive for the first time in two quarters in July to September, according to a government survey released Thursday.
BUSINESS / Economy
Sep 11, 2025

Sentiment among big Japanese firms turns positive for first time in two quarters

The business sentiment index represents the proportion of firms seeing their business conditions improve from the previous quarter minus that of those feeling the opposite.
South Korea's LG Energy Solution was using workarounds to U.S. visa restrictions well before Donald Trump returned as U.S. president.
BUSINESS / Companies
Sep 19, 2025

LG Energy was using U.S. visa workarounds before Trump, documents show

South Korean companies say they face long-running problems in getting short-term visas for specialists they need for their high-tech plants in the U.S.
The Bank of Japan headquarters in Tokyo. The <i>tankan</i> survey is one of key economic indicators the central bank assesses when determining monetary policy.
BUSINESS / Economy
Sep 23, 2025

BOJ tankan expected to show slight rise in manufacturers' sentiment

The lowering of United States' tariffs on Japanese cars and auto parts earlier this month is likely to have eased makers' perception of current business conditions.
Mizuho Securities President Yoshiro Hamamoto
BUSINESS
Sep 29, 2025

Mizuho vies with Nomura to manage money for Japan’s wealthy

Through its brokerage unit, Mizuho is targeting individuals with assets exceeding ¥500 million ($3.4 million).
Mari Sako at New College, the University of Oxford, in Oxford, England
BUSINESS / WOMEN AT WORK
Oct 26, 2025

Flying academia's flag for Japan, with a nod to the U.K.

Mari Sako has adopted the idea of being a "global citizen" through her work in academia.
Chef and restaurant owner Rikuo Morimoto, who runs the restaurant Andante in Tokyo, on May 1. A 2019 government report estimated that about 1.27 million small business owners would be 70 or older by 2025 and have no successors.
BUSINESS / Economy
Aug 6, 2023

'Era of mass closures': The Japanese firms with no successors

A 2019 government report estimated that about 1.27 million small business owners would be 70 or older by 2025 and have no successors.
Hiroshi Mikitani, co-chief executive officer of Rakuten Medical, speaks at the American Society of Clinical Oncology's meeting in Yokohama on Thursday.
BUSINESS
Aug 7, 2023

Rakuten’s Mikitani spends a fifth of his time on biotech startup

Rakuten Medical, based in San Diego, employs about 200 people and specializes in a therapy that uses light and immunotherapy drugs to fight cancer.
Russian businessman and co-founder of Alfa Group Mikhail Fridman (left) attends a conference in Moscow in September 2019.
COMMENTARY / World
Aug 24, 2023

Sympathy for the oligarch

As private actors sought to navigate the collapse of the Soviet economy, they ended up shaping it into something far more functional and prosperous.
BUSINESS / Companies
Aug 28, 2023

Sogo & Seibu labor union plans strike over possible sale

If the strike goes ahead on Thursday, it would be the first in Japan’s department store industry in about 60 years.
Load and haul operations at Thungela's thermal coal mining operation, Isibonelo Colliery (formerly Anglo American), in Mpumalanga Province, South Africa, in March 2019
BUSINESS / Companies
Sep 1, 2023

Coal miners forced to insure themselves amid climate concerns

Dozens of insurers have announced restrictions on their cover for the coal industry, particularly for new projects
A woman walks past surveillance cameras in Shanghai. China’s Ministry of State Security has called for a "whole of society mobilization,” urging the public to watch for what it considers foreign-backed subversion.
BUSINESS / Companies
Sep 20, 2023

Burner laptops and smaller profits: Firms face China challenges

Beijing has doubled down on policies emphasizing security and self-reliance that make it harder to do business.
Disney said its parks, experiences and products segment has expanded at a combined annual growth rate of 6% since fiscal 2017, and generated $32.3 billion in operating income over the last 12 months.
BUSINESS / Companies
Sep 21, 2023

Disney to nearly double parks spending to $60 billion

Disney CEO Bob Iger and Josh D'Amaro, the company's parks chief, announced the accelerated pace of investment at a gathering of Wall Street analysts.
Shell CEO Wael Sawan attends the China Development Forum 2023 in Beijing on March 25. At an investor day in June, Sawan outlined plans to slow investment in renewables and low-carbon business as part of a strategy to boost returns.
BUSINESS / Companies
Sep 28, 2023

Shell CEO faces pressure from within over renewables commitment

Employees have issued a rare open letter to Wael Sawan after he outlined plans to slow investment in renewables in a strategy to boost returns.
The Singapore skyline
BUSINESS / Economy
Oct 6, 2023

The rich are flocking to Singapore as bankers stick with Hong Kong

From Singapore’s earliest years as an independent state, it has aimed to be one of the key locales through which the world’s money flows.
When COVID-19 first emerged, companies across the health care industry raced to reconfigure themselves. That transformation is now unraveling.
BUSINESS / Companies
Oct 18, 2023

Life after COVID turns rocky for reshaped health care businesses

When the coronavirus first emerged, companies across the health care industry raced to reconfigure themselves. That transformation is now unraveling.
People use smartphones on the street in Tokyo in January 2019.
BUSINESS / Companies / FOCUS
Nov 20, 2023

The NTT Law — a guard against monopoly, or barrier to innovation?

Some say the law regulating the telecom giant stops it from competing against the likes of Google, but others say it contains vital market protections.
A man walks through the Central Business District on a rainy day, in Beijing.
BUSINESS / Economy
Nov 28, 2023

West's de-risking starts to bite China's prospects

China is outwardly confident about growth despite a global economic slowdown
Disney CEO Bob Iger
BUSINESS / Companies
Nov 29, 2023

Disney CEO Bob Iger says company is ready to start building

CEO Bob Iger said the company is poised to begin building its business again, after a year of restructuring.
Mitsubishi UFJ Financial Group CEO Hironori Kamezawa
BUSINESS / Companies
Dec 22, 2023

Japan banks scramble to beef up asset management businesses

Asset management has emerged as an area of focus for the banks this year amid signs decades of deflation is ending.
Data center development is time-consuming and complex — requiring a mix of expertise around real estate, technology, local regulations and environmental requirements. Asia’s highly fragmented market makes navigating these factors even more onerous.
BUSINESS / Tech
Jan 15, 2024

Global investors plow into Asia data centers on AI boom

Asia is becoming the latest hunting ground for investors in data centers, as companies bet on the region’s growing computing and data storage needs.
Nomura Holdings plans a buyback of up to ¥100 billion.
BUSINESS / Companies
Feb 1, 2024

Nomura’s trading overhaul advances as CEO plans buyback

Nomura Holdings plans a buyback of up to ¥100 billion.
Prolonged factory deflation is threatening the survival of smaller Chinese exporters, who are locked in relentless price wars for shrinking business as higher interest rates abroad and rising trade protectionism squeeze demand.
BUSINESS / Economy / ANALYSIS
Feb 5, 2024

China's small exporters threatened amid price wars and low demand

Producer prices have been falling for 15 straight months, crushing profit margins to the point where industrial output and jobs are now at risk.
Donald Trump, who made a fortune in construction over the years, has assets he can sell to pay the $355 million financial penalty recently imposed on him in civil fraud case filed in New York, but it will strain his available cash reserves.
COMMENTARY / World
Feb 20, 2024

Trump loved New York. Now it's giving him the boot.

The place that made Trump who he is has turned on him. The former president is being fined millions and banned from doing business in New York.
Phytochemical Products CEO Makiko Kato (second from right) and Chief Technology Officer and professor Naomi Kitakawa (right) at the startup's laboratory in Sendai
BUSINESS / Companies / Regional Voices: Tohoku
Mar 18, 2024

Tohoku University startup opens path to waste oil recycling

Its proprietary technology allows it to extract useful compounds from waste oil to produce biofuel and other products.
Mustafa Suleyman, the co-founder & CEO of Inflection AI, at the Greylock Partners office in Menlo Park, California in May 2023. Suleyman, a co-founder of Google’s DeepMind artificial intelligence lab, is leaving the startup he was running to lead Microsoft’s consumer AI business, in another sign of Microsoft’s aggressive plans for the technology.
BUSINESS / Companies
Mar 20, 2024

Microsoft deepens AI focus, hiring DeepMind co-founder for consumer tools

Over a year after unveiling an AI-enhanced Bing search, the company has made few gains in the search market, still dominated by Google.
Kelly Zong Fuli
BUSINESS / Companies
Mar 28, 2024

China's ‘Princess of Wahaha’ to lead beverage empire fighting for relevance

Sales at Hangzhou Wahaha Group have fallen in an increasingly competitive market as the firm has proven slow to adapt to consumers’ changing tastes.
Startup Genome officials speak to representatives from startups that will participate in the Global Hypergrowth Tokyo program during its kickoff event last week in Tokyo.
BUSINESS / Tech
Apr 3, 2024

New mentoring program aims to help later-stage Japan startups go overseas

While many acceleration programs target young startups, the new initiative focuses on later-stage firms that already have a certain degree of experience.
An evening launch of a SpaceX Falcon 9 rocket carrying 22 Starlink satellites to low-Earth orbit as seen from Encinitas, California, on April 1.
BUSINESS / Companies
Apr 12, 2024

Musk's undisclosed Starlink costs undercut profitability claims

Despite Elon Musk's claims of profitability, Starlink is spending more than it earns, those familiar with the company's finances say.

Longform

Once smoky, male-dominated spaces, today's net cafes, like Kaikatsu Club, are working to make their operations more attractive to women customers.
The second life of Japan's net cafes