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"The public and private sectors need to work as one to realize (Keidanren's) targets," Prime Minister Shigeru Ishiba said at a joint meeting of the public and private sectors to expand domestic investment, held on Monday at the Prime Minister's Office in Tokyo.
BUSINESS / Economy
Jan 28, 2025

Keidanren sets ¥200 trillion capital spending target for fiscal 2040

The target was unveiled at a joint meeting of the public and private sectors to expand domestic investment.
Hiroki Totoki had taken up more of the leadership burden at Tokyo-based Sony two years prior, when he added the titles of president and chief operating officer to his role as chief financial officer.
BUSINESS / Companies
Jan 29, 2025

Sony names finance chief Hiroki Totoki as its next CEO

Kenichiro Yoshida, the outgoing CEO, will remain as chairperson of the board.
Even before U.S. President Donald Trump returned to office this month, uncertainty motivated businesses to rush shipments.
BUSINESS / Companies / ANALYSIS
Jan 31, 2025

Companies race to ship goods to the U.S. ahead of potential tariffs

Even before Trump returned to office, uncertainty motivated many businesses to rush shipments to the U.S.
Ditching the U.S.' normal trade relations designation for China could lead to an automatic jump in levies, at rates that could far exceed what Trump has so far slapped on China.
BUSINESS / Economy / ANALYSIS
Feb 6, 2025

Trump's China focus increases odds of end to special trading status

The Permanent Normal Trade Relations designation was was extended to China in 2000.
Visitors pack Bourbon Street on Saturday ahead of the NFL's Super Bowl LIX between the Kansas City Chiefs and the Philadelphia Eagles, in New Orleans, Louisiana,
WORLD
Feb 9, 2025

Super Bowl parade celebrates fact that New Orleans is 'still in business'

New Orleans mixed celebration and remembrance with a Super Bowl parade ahead of the big game.
Semiconductor chips on a printed circuit board in in 2023. Chinese companies' dramatic increase in legacy chip production capacity in recent years has forced Taiwanese foundries to retreat or pursue more advanced and specialty processes.
BUSINESS / Tech
Feb 10, 2025

Taiwan's legacy chip sector contemplates future as China eats into share​

Strong funding support from Beijing and an embrace of lower margins have enabled Chinese foundries to undercut Taiwanese rivals on price.
The entrance to Walt Disney studios in Burbank, California
BUSINESS / Companies
Feb 12, 2025

Disney softens diversity criteria used to determine manager pay

Disney is the latest company to soften its focus on diversity, equity and inclusion amid a growing backlash against such policies by mostly conservative groups.
In its new medium-term business plan, Suzuki also included a goal to increase its sales to 8 trillion yen in the fiscal year beginning April 2030 from 5,374.2 billion yen in fiscal 2023.
BUSINESS / Companies
Feb 20, 2025

Suzuki targets operating profit of ¥800 billion in FY 2030

Suzuki will spend ¥4 trillion on research and development and capital investment over the six years to fiscal 2030.
An electric vehicle factory in Rayong, Thailand. Asian countries are among the most vulnerable to President Donald Trump's economic grievances — but also well-placed to make deals to minimize their exposure.
BUSINESS / Markets
Feb 22, 2025

How Trump’s tariffs could reorder Asia trade and exclude the U.S.

Asian countries are among the most vulnerable to Trump's economic grievances — but also well-placed to make deals to minimize their exposure.
Major Japanese banks are tightening controls on the management of safe-deposit boxes after a string of thefts involving bank employees rocked public confidence.
BUSINESS / Companies
Feb 24, 2025

Japanese banks to rethink security measures for safe-deposit boxes

A string of thefts involving bank employees have intensified scrutiny of a segment already grappling with weak demand and thin margins.
Mitsubishi Heavy Industries' announcement is believed to be part of a push by Japan as it vies with Germany for a lucrative contract to build new Mogami-class frigates for Australia.
JAPAN
Feb 26, 2025

MHI to ramp up Australian business activities with eye on frigate contract

The expansion is seen as a push by Japan to improve its chances of securing a winning bid over Germany to supply the Australian Navy with seven to 11 warships.
A person takes a photo of the Google Cloud logo during the 2025 Mobile World Congress (MWC) in Barcelona on Tuesday. The administration of former U.S. President Joe Biden in November had called for Google to sell its Chrome web browser and make other changes to its business.
BUSINESS / Tech
Mar 5, 2025

Google urges DOJ to reverse course on breaking up company

Representatives argue that the Alphabet unit’s critical importance to the U.S. economy and national security requires a softer touch.
Nippon Steel is trying to build its business globally with U.S. Steel as a key component.
BUSINESS / Companies / ANALYSIS
Mar 5, 2025

U.S. Steel seen as key to Nippon Steel's global strategy

To meet its target of raising its annual crude steel production capacity to over 100 million metric tons, the firm needs to forge ahead into promising foreign markets.
Sony Group President Hiroki Totoki told a news conference last month that the Playstation maker had been preparing for tariffs by building up inventory from its gaming and electronics divisions in the United States.
BUSINESS / Companies / ANALYSIS
Mar 6, 2025

Sony and Suntory build U.S. stockpiles as Japan faces Trump tariff threat

In his latest trade salvo this week, U.S. President Donald Trump hinted that he might target Tokyo next, after imposing tariffs on Mexico and China.
Nomura Holdings and Japan's other big brokers are having second thoughts about selling so-called structured loans to regional lenders.
BUSINESS / Economy
Mar 11, 2025

Japan brokers rethink repackaged JGBs after regulator warning

There are concerns that buyers might lack proper risk management for the product and could suffer mounting losses if market interest rates move against them.
Chinese leaders attend the second plenary session of the National People's Congress (NPC) in Beijing's Great Hall of the People on Saturday.
BUSINESS / Tech
Mar 11, 2025

DeepSeek-fueled AI fever injects new energy into China’s annual meeting

Communist Party cadres from different regions competed to market their locales as China’s next AI hub at the National People’s Congress seven-day gathering.
Alimentation Couche-Tard founder Alain Bouchard (center), CEO Alex Miller (left) and CFO Filipe Da Silva attend a photo session after a news conference on their bid for Seven & I Holdings in Tokyo on Thursday.
BUSINESS / Companies / EXPLAINER
Mar 17, 2025

Why Couche-Tard's deal with Seven & I isn't going anywhere

The buyout bid has seen a mixed response in Japan, with some expressing concerns over the convenience store chain being taken over by a foreign company.
Lyft envisions a hybrid future where human drivers will complement autonomous vehicle fleets, especially during periods of peak demand.
BUSINESS / Tech
Mar 21, 2025

Lyft to offer driverless ride-hails ‘as soon as this summer’

The company sees its human drivers transitioning to other work such as fleet management as autonomous rides become more ubiquitous.
U.S. President Donald Trump walks toward Air Force One in Morristown, New Jersey, on Saturday.
BUSINESS / Economy
Mar 23, 2025

Trump plans his tariff ‘Liberation Day’ with more targeted push

Trump is preparing a "Liberation Day” tariff announcement on April 2.
Japan has become one of the biggest markets for activist investors, with the government and institutions such as the Tokyo Stock Exchange pushing companies to pay more attention to stock prices and shareholder returns.
BUSINESS / Companies
Mar 24, 2025

Elliott said to have built up significant stake in Sumitomo Realty

The size of the stake in isn’t known but the activist investor has engaged with the Tokyo-based real estate developer on measures to improve shareholder value, sources say.
William Lu, president and partner of Xiaomi, presents the new Xiaomi 15 series ahead of the 2025 Mobile World Congress in Barcelona on March 2.
BUSINESS
Mar 25, 2025

Xiaomi raises $5.5 billion in upsized Hong Kong share sale

Xiaomi has been investing aggressively in its nascent EV business to drive growth and recently increased its 2025 delivery target.
An advertisement featuring Shohei Ohtani in Tokyo.
BASEBALL / MLB
Mar 26, 2025

Tokyo Series proves to be big business for MLB — and Japanese companies

The weeklong festival of all things baseball highlights how Shohei Ohtani has created myriad business opportunities on both sides of the Pacific.
Hong Kong billionaire Li Ka-shing's CK Hutchison has entered into a deal with a BlackRock-led consortium to sell ports in Panama and elsewhere, putting his conglomerate’s flagship entity in the crosshairs of U.S.-China tensions.
BUSINESS / Companies
Mar 27, 2025

China pauses new deals with Li Ka-Shing family after Panama ports plan

The directive was issued to state-owned enterprises last week at the behest of senior Chinese officials.
Empty shelves with "Buy Canadian Instead" signs are seen in the American Whiskey section of the BC Liquor in Vancouver, British Columbia, on March 10.
BUSINESS / Economy
Apr 1, 2025

As ‘Buy Canadian’ grows, more U.S. firms say retailers turning away products

A dramatic reshuffling of Canada's retail shelves illustrates the impact of patriotic consumerism in the country.
The Bank of Japan's tankan survey indicates that large business are still positive on their prospects.
BUSINESS / Economy
Apr 1, 2025

Japanese businesses maintain optimism ahead of looming tariff storm

In the BOJ's latest tankan survey, the headline index for big manufacturers was 12, which indicates confidence in the business outlook.
White House press secretary Karoline Leavitt holds a press briefing, as headlines from articles on U.S. President Donald Trump's tariffs are displayed, at the White House in Washington on Tuesday.
BUSINESS / Economy
Apr 2, 2025

White House says Trump to go ahead with tariffs as nervous world awaits trade war

White House spokeswoman Karoline Leavitt said reciprocal tariffs on countries that impose duties on U.S. goods would take effect immediately after Trump announces them.
New vehicles parked at a pier in Yokohama on Wednesday.
BUSINESS / Companies
Apr 2, 2025

'Give me a break': Trump tariffs threaten Japan auto sector

The 5.6 million people employed directly or indirectly in the auto sector are now fearful about their future.
U.S. President Donald Trump's trade war has spurred the biggest market losses since the COVID-19 pandemic.
BUSINESS / Economy
Apr 5, 2025

Stocks slump again after China fires back in trade war with tariffs on U.S. goods

The trade war has spurred the biggest market losses since the COVID-19 pandemic.
A vandalized sign indicating an ultralow emission zone in west London.
ENVIRONMENT
Apr 10, 2025

Clean streets versus business woes: Pollution charge divides Londoners

The plan in London requires motorists to switch to low-emission vehicles or face a daily charge.
A pedestrian walks past an electronic board showing the morning numbers on the Tokyo Stock Exchange along a street in the Japanese capital on Friday.
BUSINESS / Markets
Apr 13, 2025

Punch drunk traders across Asia ready for another week of drama

Even though investors were fearful of events last weekend, the reaction in markets was more extreme than many countenanced.

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