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Nvidia founder and CEO Jensen Huang delivers a keynote address on the latest innovations in AI, during a developers conference at the SAP Center in San Jose, California, on March 18. Nvidia on Wednesday issued a second-quarter revenue forecast of about $28 billion, topping the $26.8 billion predicted by analysts.
BUSINESS / Companies
May 23, 2024

Nvidia delivers on AI hype, igniting $140 billion stock rally

Its shares rose as much as 7.8% in extended trading on Wednesday, taking them above $1,000 for the first time.
U.S. pressure to slow Beijing’s advances in making semiconductors led the Netherlands to ban exports to China of ASML’s second-most advanced category of machinery at the start of the year. But ASML continues to service machines that were bought before the restrictions were in place.
BUSINESS / Companies
Jul 18, 2024

ASML falls as outlook clouded by risk of U.S. export curbs

ASML shares plunged 11% in Amsterdam on Wednesday to €870.90 ($952), wiping out €42.7 billion of market value — its biggest decline since March 2020.
Nissan's operating profit for the April-June period totaled ¥995 million, compared with ¥128.6 billion in the same period a year earlier.
BUSINESS / Companies
Jul 25, 2024

Nissan shares hammered as Q1 profit wiped out by U.S. discounts

The automaker has cut its operating profit forecast for the financial year by 17% to ¥500 billion from ¥600 billion.
A container-sized cabin produced by Zheng Weirong's company
BUSINESS / Economy
Aug 13, 2024

Chinese swap handbags for trips as ‘experience economy’ booms

Consumer spending in China is still constrained by modest income growth and falling home prices, which make homeowners feel less wealthy overall.
Demand for electric vehicles in Japan has long been sluggish, and the government this year changed how EV subsidies are calculated, reducing them for BYD and several of its rivals, raising concerns about protectionism.
BUSINESS / Companies / FOCUS
Sep 5, 2024

BYD's global expansion push runs into a stiff test in Japan

Demand for electric vehicles in Japan has long been sluggish, and the government this year changed how EV subsidies are calculated.
A Toyota Lexus UX 250h Hybrid vehicle stands on display during the Seoul Motor Show in Goyang, South Korea, in March 2019.
BUSINESS / Companies
Sep 6, 2024

Japanese cars and beer gain ground in South Korea as relations thaw

Monthly sales of Japanese cars, including Toyota and Lexus, jumped 31% in August from a year earlier.
A Toyota Rav-4 Prime charges at an electric vehicle charging station in New York on Sept. 3. Toyota's sales fell again in August after declines in Japan and China put an end to a short-lived recovery.
BUSINESS / Companies
Sep 27, 2024

Toyota production falls on vehicle safety scandals and U.S. recalls

Global output, including that of subsidiaries Daihatsu Motor and Hino Motors, dropped in August by 12.6% from a year earlier
Nissan sees its operating income plunging to just ¥150 billion in the fiscal year ending in March, down 70% from its previous forecast.
BUSINESS / Companies
Nov 7, 2024

Nissan cuts outlook and announces restructuring with 9,000 job cuts

The firm sees its operating income plunging to ¥150 billion in the fiscal year ending in March, down 70% from its previous forecast.
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.
Industrial production dropped 1.1% in March compared with the previous month, according to the industry ministry.
BUSINESS / Companies
Apr 30, 2025

Japan's factory output falls in sign of frailty before tariffs

Industrial production dropped 1.1% in March compared with the previous month, the industry ministry reported Wednesday. Economists had forecast a 0.4% drop.
Security personnel guard the BYD booth at the Auto Shanghai show in April 2023.
BUSINESS / Companies
Aug 29, 2023

China's leading electric carmaker BYD triples half-year profit

This month the company became the first global manufacturer to pass the 5 million milestone in electric vehicle production.
An Apple store in the Huangpu district in Shanghai
BUSINESS / Tech
Sep 8, 2023

Apple grapples with turmoil in China days before iPhone 15 launch

The bans may just be part of a longstanding trend.
The Capcom booth at the Tokyo Game Show in Chiba last week
BUSINESS / Companies
Sep 25, 2023

Capcom sets sights on India's growing game market

Capcom targets selling more than 100 million copies of games a year.
U.S. President Joe Biden at an event in Tempe, Arizona, on Thursday
WORLD / Politics
Sep 29, 2023

Biden said he would stop drilling. Then reality hit.

The tug of war over one drilling lease in the Gulf of Mexico involving the president, Congress and the courts illustrates the limits of executive power.
Visitors walk down the main shopping street of Nanjing East Road, one of Shanghai's main commercial and tourist areas, on Sept. 30.
BUSINESS / Economy
Oct 17, 2023

China data likely to show fragile economy in need of support

Data due Wednesday will likely show gross domestic product expanded 4.5% in the July-to-September period from a year earlier.
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.
BUSINESS / Companies
Nov 10, 2023

Many Japanese firms log higher April-September net profits

The normalization of economic activity from the COVID-19 crisis and the depreciation of the yen have boosted earnings.
BUSINESS
Nov 22, 2023

Manga artists and taxi drivers hit as tax frustrations mount

About 4.6 million businesses that were previously exempt from paying sales tax have been impacted by a new invoice system.
Toyota posted record October global sales and production on strong demand for its cars in North America and Europe.
BUSINESS / Companies
Nov 29, 2023

Toyota's October global output hits record despite supplier issue

The world's largest automaker by sales said it produced 900,285 vehicles worldwide, up 16.7% from the same period a year earlier.
JAPAN / Politics
Dec 3, 2023

Second LDP faction suspected of breaching political fund law

The allegation came after a similar practice at the faction previously led by the former Prime Minister Shinzo Abe came to light recently.
Dodgers owner Mark Walter puts a jersey on Shohei Ohtani during the superstar's introductory news conference on Thursday. The structure of Ohtani's contract could help the Dodgers get a full return on their investment in the two-way player.
BASEBALL / MLB
Dec 15, 2023

For the Dodgers, Ohtani's megadeal could end up being a bargain

The Dodgers have the makings of a juggernaut, and success on the field will allow the franchise to cash in on Ohtani’s transcendent marketability.
The Dodgers officially introduced two-way superstar Shohei Ohtani during a news conference on Thursday.
EDITORIALS
Dec 15, 2023

Another extraordinary milestone for Shohei Ohtani

Dodgers secure baseball phenom Shohei Ohtani with record-breaking $700 million contract.
Warriors guard Stephen Curry drives to the basket during a game against the Wizards on Tuesday.
BASKETBALL / NBA
Feb 28, 2024

Stephen Curry is battling the clock to win over sneaker fans

Curry, 35, is still a commanding presence in the NBA, but he has work to do when it comes to winning over "sneakerheads."
Yayoi Kusama during a media preview of her exhibition at the David Zwirner gallery in New York in November 2013.
CULTURE / Art
Apr 11, 2024

Yayoi Kusama was the world’s top-selling artist last year

Sales from Kusama’s auctioned works totaled $80.9 million in 2023, moving her up from the second-highest selling artist in 2022.
People ride past a JD.com advertisement promoting a Singles Day shopping festival in Beijing in 2023.
BUSINESS / Companies
May 13, 2024

China's e-commerce giants face a delicate balance

Chinese consumers are seeking discounts and lower-cost shopping following the pandemic.
Toyota President Koji Sato announces the company's earnings results in Tokyo on May 8.
BUSINESS / Companies
May 17, 2024

Japan firms brace for earnings slumps after marking record profits

Companies are concerned over the weak yen, global conflict and inflation hitting personal spending.
China’s real estate sector has fundamentally changed in that existing home sales will become the norm, as is the case with developed countries.
COMMENTARY / World
May 19, 2024

China’s housing mess finally comes for Xi’s own

China’s real estate sector has fundamentally changed, in that existing home sales will be the norm, as is the case with developed countries.
A Starbucks coffee shop in Beijing on May 22
BUSINESS
May 27, 2024

In China, Starbucks tries to avoid price war but gets dragged into discounting

A coffee price war in China has arisen amid persistent deflation, weak consumer sentiment, and stagnant wages.
Kawasaki's Yasuto Wakizaka (center) scores a goal during a game against Urawa last month. In the J. League's current season format, player performances tend to decline as Japan's scorching summer sets in.
SOCCER / J. League
Jun 16, 2024

Why the J. League chose to shift its calendar starting in 2026

Over the past 30 years, the environment for Japanese soccer has evolved significantly and the J. League hopes the schedule shift will grow the game.
Nvidia made a big bet on graphics chips and the vision of its co-founder and Chief Executive Officer Jensen Huang that the industry would shift to what he calls "accelerated computing.” That bet paid off.
BUSINESS / Companies
Jun 19, 2024

Nvidia’s 591,078% rally to most valuable stock came in waves

First, it was video game consoles, and then came data centers, autonomous vehicles and cryptocurrency. Today, its chips are powering artificial intelligence.

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A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami