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Hiroyuki Nagai, president and chief executive officer of Rakuten Bank (left), attends the company's listing ceremony at the Tokyo Stock Exchange on April 21.
BUSINESS / Companies
Aug 8, 2023

Rakuten Bank sees edge over rivals once BOJ ends negative rates

Uncertainty remains over when the Bank of Japan will scrap the policy, which has squeezed banks’ lending margins since its introduction seven years ago.
Softbank's Vision Fund unit swung to a profit of ¥61 billion in the quarter ended June, compared with a ¥2.33 trillion loss for the same period a year ago.
BUSINESS
Aug 8, 2023

Global tech stock rebound lifts SoftBank Vision Fund into profit

The fund logged a ¥61 billion profit in the quarter ended June — its first in over a year — compared with a ¥2.33 trillion loss a year ago.
A year of restraint in investments has helped SoftBank regain its financial footing, accumulating a cash pile of almost ¥6 trillion.
BUSINESS / Companies
Aug 9, 2023

SoftBank begins making investments again but ‘timidly with fear’

A year of restraint in investments has helped SoftBank regain its financial footing, accumulating a cash pile of almost ¥6 trillion.
Sony, a key supplier of image sensors to Apple and other device-makers, has said it doesn’t expect demand in the mobile phone market to bounce back until next year at the earliest.
BUSINESS / Companies
Aug 10, 2023

Sony falls most in a year as smartphone demand fails to recover

The Tokyo-based company’s operating income fell 31% in the first fiscal quarter because of sharp declines in the movie and sensor groups.
Workers at a WeWork coworking office in London
BUSINESS / Companies
Aug 11, 2023

Flexible work will survive despite gloomy corporate signals

A growing body of research, trend data and surveys show that flexibility matters, and that work is now a thing we do, not a place we go.
A Taiwan Air Force Mirage 2000 jet fighter landing at Hsinchu Air Base in Hsinchu, Taiwan, in April.
ASIA PACIFIC
Aug 12, 2023

China’s military, ‘chasing the dream,’ probes Taiwan’s defenses

Day by day, the People’s Liberation Army is turning up the pressure, deploying an ever-wider array of planes and ships.
SoftBank, which currently owns 75% of Arm, is in talks to acquire the 25% stake in the firm it does not directly own from Vision Fund 1, according to sources.
BUSINESS
Aug 14, 2023

SoftBank in talks to buy Vision Fund's 25% stake in Arm

The move would potentially deliver a win for investors who have waited years for strong returns.
A Chadian army officer reacts as cart owners transport the belongings of Sudanese people who fled the conflict in Sudan's Darfur region, while crossing the border between Sudan and Chad.
WORLD / Politics
Aug 16, 2023

Sudan 'spiraling out of control' as 1 million flee country: U.N.

Efforts to mediate a cease-fire have stalled, and those remaining in the country have faced rampant looting and long power cuts.
Afghan women during a protest against Taliban restrictions on women's freedom in Kabul in 2021
WORLD
Aug 14, 2023

Afghan women take protests online as Taliban crush dissent

Organizing through social media and messaging apps, women have posted pictures and videos of the protests, drawing attention to the worsening crisis.
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 Tomahawk cruise missile is launched from a U.S. Navy warship. Australia has announced that it will buy more than 200 of the cruise missiles at a price of $830 million.
ASIA PACIFIC / Politics
Aug 21, 2023

Australia agrees to buy long-range Tomahawk missiles from U.S.

The move is part of a major military pivot toward long-range strike capabilities in an effort to keep would-be foes such as China at arms length.
Shinobu Yamanaka, a mom of three sons and director of a day care facility in Konan, Kochi Prefecture, serves up to eight "members" six days a week.
JAPAN / Science & Health / FOCUS
Aug 22, 2023

Kochi dementia care center aims to set new paradigm in Japan

A new generation of people with Alzheimer’s in Japan are trying to change not only dementia care but also social attitudes toward patients.
The darkened area surrounding Lahaina shows where the fire spread on the Hawaiian island of Maui on Aug. 13.
WORLD / Society
Aug 23, 2023

After Maui wildfire residents fear land grab may threaten culture

Hawaii's Office of Consumer Protection has warned of people making below-market offers, playing on fears of foreclosure and the cost of rebuilding.
A statue of Pokemon character Pikachu is seen during the E3 Electronic Entertainment Expo in Los Angeles.
BUSINESS / Tech
Aug 26, 2023

Pokemon game that’s all about sleep hits 10 million downloads

Pokemon Go made billions of dollars getting people to roam the great outdoors. Now the company is trying to get people to go to bed.
A Mazda MX-30 at a dealership in the city of Hiroshima. The MX-30 is the only electric vehicle model Mazda currently sells in Japan.
BUSINESS / Companies / Regional Voices: Hiroshima
Aug 28, 2023

Mazda accelerates EV shift in China, reshaping ties with suppliers

Mazda’s sales in China in the year from April 2022 halved from the previous year to 84,000 units due to a thin lineup of EVs.
The Nagor fishing harbor in Nagapattinam, Tamil Nadu, India, in 2016
ASIA PACIFIC / Society
Aug 28, 2023

Indian fishermen use smartphones to map a vanishing way of life

Port and power plant development plans could beach a flotilla of boats that trawl the waters for mackerel and sea bass.
A residential compound near the Orlen refinery on the outskirts of Plock, Poland
WORLD / Society
Aug 28, 2023

After weaponizing immigrants, Europe’s east finds it needs them

Economic reality has caught up with some of the most vitriolic anti-immigrant rhetoric on the continent.
Singer Jimmy Buffett performs during NBC's "Today" show Summer Concert Series in New York City in July 2016.
CULTURE / Music
Sep 2, 2023

Singer-songwriter Jimmy Buffett dies at 76

Jimmy Buffett, the American singer-songwriter who went from Key West beach bum to billionaire behind the always-on-vacation "Margaritaville" commercial empire, has died at the age of 76.
Personnel from the Self-Defense Forces take part in a nuclear, biological and chemical weapons exercise at New Chitose airport in Hokkaido in July 2012.
COMMENTARY / Japan / Geoeconomic Briefing
Sep 7, 2023

Japan has plenty to offer in the field of detecting threats

With the spread of chemical, nuclear and biological weapons, the time is right to put domestic tech to good use.
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.
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.
A family plays the Monster Catcher crane game at Happy Land Marina amusement arcade in Hiroshima.
JAPAN / Society / Regional Voices: Hiroshima
Sep 18, 2023

Crane games win hearts at amusement arcades with limited-edition prizes

Thanks to the growing popularity of anime, crane games have become a popular family pastime and are also attracting foreign visitors.
U.S. President Joe Biden holds a news conference in Hanoi on Sunday.
ASIA PACIFIC / Politics
Sep 11, 2023

Biden doubts China able to invade Taiwan amid economic woes

The U.S. president said China "has a difficult economic problem right now for a whole range of reasons."
Soldiers transport an injured person to a temporary military hospital following an earthquake in Asni, Morocco, on Monday.
WORLD
Sep 12, 2023

Morocco medics face flow of quake victims with limited resources

Three days after Morocco's quake, the strongest ever to hit the North African country, relief workers are struggling to cope in the aftermath.
David Dahlquist, senior trial counsel in the antitrust division at the U.S. Department of Justice (left), and Kenneth Dintzer, litigator for the U.S. Department of Justice, leave federal court in Washington on Tuesday.
BUSINESS / Companies
Sep 13, 2023

Google’s search domination began with plan to combat rivals

Google argues the company has won market share because it has the best search engine, not because of a lack of competition.
Advertisements for the Dholera Smart City project, which is in the early stages of development, in Dholera, India, on Aug. 25. India’s government, seizing on the world’s desire to reduce reliance on China, is offering billions to build an entire semiconductor ecosystem on vast empty plots.
WORLD / Politics
Sep 13, 2023

Modi wants to make India a chipmaking superpower. Can he succeed?

The prime minister betting he can lure private companies to a future semiconductor city from not only across India but also the world.
Arm CEO Rene Haas rings the opening bell, as Softbank's Arm, a chip design firm, holds an initial public offering at Nasdaq MarketSite in New York on Thursday.
BUSINESS / Companies
Sep 15, 2023

Chip designer Arm soars 25% in IPO win for owner SoftBank

Shares in the chip designer, still 90% owned by SoftBank, closed at $63.59 in New York trading Thursday, giving it a market value of over $65 billion.
Fuji TV quoted tech journalist Yo Mikami as saying there is a chance that the suspect opened one of the victim's eyelids so he could unlock the smartphone.
JAPAN / Crime & Legal
Sep 15, 2023

Two men arrested in Tokyo over alleged theft using Face ID

A 27-year-old Tunisian man allegedly used the victim’s smartphone to send ¥500,000 to the bank account of his 25-year-old friend.
BUSINESS / Tech
Sep 17, 2023

Logistics robots coming into wider use in Japan

Companies are looking to logistics robots in response to the popularity of e-commerce, as well as present and potential labor shortages.
Survivors fill up water from a tanker truck in the earthquake-hit village of Ineghede in Morocco on Sunday.
WORLD / Society
Sep 18, 2023

Dire hygiene spells new threat for Morocco quake survivors

An especially pressing need is the provision of clean water, which was already in short supply in some areas before the quake.

Longform

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