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August 05, 2025
 

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Elon Musk has changed Twitter's logo, replacing its signature blue bird with a stylized X as part of the billionaire's vision of transforming the 17-year-old service into an "everything app."
BUSINESS / Companies
Jul 25, 2023

Twitter turning into X is set to kill billions in brand value

Musk’s move wiped out anywhere between $4 billion and $20 billion in value, according to analysts and brand agencies.
BUSINESS / Companies
Jul 25, 2023

Bigmotor chief to resign in wake of repair fraud scandal

Employees were found to have intentionally damaged the vehicles of some customers in order to charge excessive repair fees and make fraudulent insurance claims.
Nissan Motor has finalized plans to invest in Renault’s electric-vehicle venture Ampere, capping months of negotiations to rebalance the troubled automotive alliance.
BUSINESS / Companies
Jul 26, 2023

Nissan to invest $663 million in Renault EV unit as alliance rejigged

The deal caps months of negotiations aimed at rebalancing the troubled automotive alliance.
In the international market, a larger number of airlines went bankrupt compared to domestic fliers due to the pandemic, with low-cost, long-haul carriers getting hit particularly hard.
COMMENTARY / World
Jul 28, 2023

Post-pandemic travel boom is running out of steam

Fare promotions and other signs of weakening domestic demand show business is leveling out for airlines after post-COVID-19 boom.
More than 30 samples of drugs made by Synokem, including generic abortion pills, have failed quality tests conducted by Indian regulators and public health researchers since 2018.
BUSINESS
Aug 3, 2023

Global abortion pill provider buys from maker with poor quality record

More than 30 samples of drugs made by Delhi-based Synokem Pharmaceuticals have failed quality tests conducted by Indian regulators.
Tom Malian on Monday at his business, Toluca Lake Dry Cleaners, in Burbank, California near the Warner Bros. and Disney studios. His business has taken a severe blow since Hollywood went on strike. Film and TV production ground to a halt 100 days ago when writers downed their pens, before being joined on the picket lines in mid-July by actors.
BUSINESS / Economy
Aug 9, 2023

Los Angeles subdued as Hollywood double strike hits 100 days

Despite its sprawling size, the city is almost as much a company town as any in America dominated by a single industry.
A SpaceX Falcon 9 rocket lifts off with a payload of 21 Starlink satellites from the Cape Canaveral Space Force Station in Cape Canaveral, Florida, on Feb. 27.
BUSINESS / Tech
Aug 18, 2023

Starlink lifts off in Asia as satellite internet race heats up

Elon Musk's company has carved out a niche and an opportunity through the region's natural disasters and the vast sweep of its archipelagoes and islands.
A Saudi Aramco oil tank at the Ras Tanura refinery and terminal in Saudi Arabia
BUSINESS / Companies
Aug 27, 2023

U.N. experts challenge Saudi Aramco over climate change

The largely state-owned enterprise plans to ramp up national oil production capacity to 13 million barrels per day by 2027.
Gigi Chao, vice chair of Cheuk Nang Holdings, in Hong Kong on July 19
BUSINESS / Companies
Aug 31, 2023

More LGBTQ rights could help Asian financial hubs draw global talent

In Japan, the only Group of Seven nation without legal protection for same-sex unions, corporations are seen as a key driver for change.
Disney and cable giant Charter Communications are negotiating over how much Charter will pay Disney to carry its channels.
BUSINESS / Companies
Sep 6, 2023

Behind the Disney-Charter dispute over the future of TV

Media companies are trying to build profitable streaming services while cable providers feel like they're subsidizing a business that cannibalizes them.
Mizuho Financial Group has been expanding its presence in the United States to tap the world’s biggest fee pool, becoming one of the four global investment banks leading Arm's IPO.
BUSINESS / Companies
Sep 8, 2023

Mizuho's SoftBank ties boost Wall Street ambitions via Arm IPO

The bank has been expanding its presence in the U.S. to tap the world’s biggest fee pool, even as deals slump globally following the pandemic.
Rachel Culin, a disenchanted Toyota owner, standing between her Toyota Prius and new Chevy Bolt at her home in Mesa, Arizona. The world’s largest carmaker dominates the sales of hybrid cars but has been slow to sell all-electric vehicles, alienating some customers and hurting sales.
BUSINESS / Companies
Sep 8, 2023

Toyota, a hybrid pioneer, struggles to master electric vehicles

The world’s largest carmaker dominates the sales of hybrid cars but has been slow to sell EVs, alienating some customers and hurting sales.
An autonomous truck in Stack AV’s test fleet
BUSINESS / Companies
Sep 8, 2023

SoftBank backs autonomous trucking firm started by ex-Ford execs

The new firm, named Stack AV, is led by three executives who previously ran Argo AI, the self-driving operation that Ford and VW shut down last year.
Core machinery orders, the leading indicator of Japanese business spending, were down 1.1% in July from the previous month in July.
BUSINESS / Economy
Sep 14, 2023

Weak machinery orders darken outlook and raise policy challenge

Core orders, the leading indicator of Japanese business spending, were down 1.1% in July from the previous month, Cabinet Office data showed.
The Japanese conglomerate put in its offer to the European Commission on Thursday, the same day it requested EU clearance for the deal, an EU regulatory filing showed Friday.
BUSINESS / Companies
Sep 16, 2023

Hitachi offers to sell assets to win EU okay for Thales rail deal

Hitachi has offered to sell assets in France and Germany as well as its core train control tech to gain EU approval for the railway signaling deal.
Couples prepare to have their photo taken during a wedding photography shoot on a in Shanghai on Sept. 6.
BUSINESS / Companies
Sep 19, 2023

Fewer 'I dos' ruin the party for China's $500 billion wedding industry

The trend is worrying officials trying to revive marriage rates and birth rates, which dropped to record lows last year.
Secondhand Toyota cars on sale in Moscow in July 2016
BUSINESS / Companies
Oct 3, 2023

Japan puts the brakes on lucrative used-car trade with Russia

While wiping out Russia's biggest source of used cars, sanctions have driven down prices for secondhand cars in Japan.
Pump jacks in an oil field in Midland, Texas. Big Oil is responsible for the bulk of human-induced greenhouse gas emissions and pressure for action is building.
BUSINESS
Oct 7, 2023

Exxon Mobil's megadeal to test climate-aware shareholders

Negotiations between Exxon and Pioneer are advanced but have not yet led to an agreement over the acquisition.
Pudong's Lujiazui Financial District in Shanghai in August
BUSINESS / Economy
Oct 13, 2023

Most Japanese companies pessimistic on China’s economy

A quarter of firms said they wouldn’t invest in China this year, while another 22% said they would reduce the amount they invest, a report has shown.
Hiroshi Mikitani, chairman and CEO of Rakuten Group, speaks during a news conference in Tokyo in May.
BUSINESS / Companies
Oct 17, 2023

Rakuten rally from record lows clouded by looming bond deadlines

The most pressing task now for Rakuten is to raise funds for a wall of more than $5 billion of bonds due in the next two years.
About 9 million sets of customer information have been leaked from an NTT West subsidiary.
BUSINESS / Companies
Oct 18, 2023

NTT unit says around 9 million sets of customer information leaked

The former worker illegally downloaded customer information between around July 2013 and January this year.
Funding for AI companies has outpaced every other category of tech.
BUSINESS / Tech
Oct 18, 2023

AI funding soars to $17.9 billion while rest of tech slumps

Multibillion-dollar investments in artificial intelligence startups have become almost commonplace in Silicon Valley.
Kioxia Holdings has approached Japan Investment Corp. about making a capital infusion to support its merger with Western Digital and strengthen the combined company’s financial base, according to people familiar with the matter.
BUSINESS
Oct 20, 2023

Kioxia has approached JIC to back Western Digital deal: sources

Kioxia’s lenders are working toward submitting a commitment letter as soon as possible to help facilitate the agreement.
BUSINESS / Companies
Oct 23, 2023

Race to develop new laundry detergent heats up in Japan

Manufacturers are racing to offer detergent products that come in single washing amounts and do not require measurement.
An electronic stock board in Tokyo. Kokusai Electric is set to go public on the Tokyo Stock Exchange on Wednesday.
BUSINESS / Markets
Oct 24, 2023

KKR poised for Kokusai payoff with largest Japan IPO since 2018

The American private equity firm acquired the business from Hitachi Kokusai Electric through a tender offer in 2018.
Mizuho's main lending business has stayed strong as economic activity continues to normalize from the COVID-19 pandemic, helping the bank press down credit costs.
BUSINESS / Companies
Nov 13, 2023

Mizuho hikes profit forecast on robust economic outlook

The lender raised its profit forecast to ¥640 billion from ¥610 billion, outpacing the ¥625.56 billion average estimate of 14 analysts.
Indo-Pacific Economic Framework leaders pose for a family photo at the Asia-Pacific Economic Cooperation summit in San Francisco on Thursday.
BUSINESS / Economy
Nov 18, 2023

Indo-Pacific trade deal prospects dim as U.S. election year looms

Election-year pressures and resistance to tough commitments from some countries make a deal unlikely anytime soon, observers say.
An employee works on the assembly line in a hangar of an aircraft manufacturer near the town of Odolena Voda, Czech Republic, in July 2017.
BUSINESS / Companies
Nov 20, 2023

Central Europe's defense companies spy African opportunity

Former Warsaw Pact members are well-placed to maintain or upgrade many weapon systems used on the continent.
BUSINESS
Nov 20, 2023

Listed firms in Japan work on fostering female managers

An increasing number of publicly traded Japanese companies are actively fostering female managers to assume leadership roles in the future.
BUSINESS / Companies / ANALYSIS
Nov 20, 2023

Japan's back-to-back wage bonanza would open door for BOJ exit

The news comes as the government pushes companies to hike pay to help offset rising living costs.
How Pakistan shot down India's cutting-edge fighter using Chinese gear
An Indian Air Force pilot gets out of a Rafale fighter jet during its induction ceremony at an air force station in Ambala, India, September 2020.
China and Russia start joint military drills in Sea of Japan
Russian and Chinese naval officers take part in a ceremony Thursday ahead of the start of joint naval drills in the Sea of Japan, following the arrival of Chinese military vessels in Vladivostok, Russia.
Kamchatka quake may have awakened volcano dormant for 600 years, Russia says
Kamchatka. Krasheninnikov Bay
Italy's fast fashion hub becomes Chinese mafia battlefield
Signs for fast-fashion factories in Prato, Italy, on Friday. Chinese crime groups in the district thrive on the "Prato system" rife with corruption in the fast-fashion sector.
Extreme heat in Japan set to peak this week
People shield their eyes from the sun as they walk through a street on a hot day in Tokyo on July 26.
Fuji Rock's weekend of surprises was one of its best yet
Radwimps lead singer Yojiro Noda threw himself into the rock band’s Green Stage performance ahead of headliner Vampire Weekend.
How Trump is gaslighting on climate change — with Japan’s help
The Bishu Maru LNG tanker, owned by Kawasaki Kisen Kaisha, next to the Freeport LNG terminal in Texas
With a new distillery, Suntory makes a spirited move on gin market
A staff inspects a distillation pot still at Suntory's new Osaka Spirits & Liqueurs Craft Distillery, which will focus on gin production and help Suntory capture a bigger slice of the fast-growing gin market.
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.
From Osaka to the NHL: Jordan Spence hopes to inspire young Japanese hockey players
Ottawa Senators defenseman Jordan Spence helps lead the Dreamskate Japan hockey camp in Tomakomai, Hokkaido, on July 5.

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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