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COMMENTARY
Apr 3, 2000

No tolls on the e-commerce highway

The electronic superhighway is becoming an ever more important forum for commerce, and states want a piece of the action. But just as American colonists resisted British attempts to tax paper and tea, American citizens should bar states from taxing online transactions.
JAPAN
Nov 22, 1999

Restructuring of Nissan brings 323 billion yen loss

Struggling Nissan Motor Co. announced Monday a consolidated net loss of 323.5 billion yen for the first half of fiscal 1999. The automaker said the losses were due to pension and retirement expenses as well as the cost of a massive restructuring program.
JAPAN
Nov 6, 1997

Toyota's profits climb thanks to brisk exports

Toyota Motor Corp. managed to post pretax profits of 324.56 billion yen in the April-September period, up 25.6 percent from the same period last year, as brisk exports made up for lackluster sales in the domestic market, the nation's largest automaker said Thursday.
JAPAN
Jan 17, 1997

Foreign automakers fight to secure market share

With more people in Japan beginning to think that there is nothing special about imported cars, foreign automakers can no longer rely on their once luxurious brand image to do the selling for them.Now foreign carmakers are finding themselves in increasingly fierce competition with domestic automakers....
The Central Business District on a rainy day in Beijing. Both U.S. and European companies with exposure to China could be hit by its sluggish growth as its post-COVID-19 momentum has faltered rapidly.
BUSINESS / Economy
Jul 21, 2023

China's sagging economy looms over quarterly results around the world

Both U.S. and European companies with exposure to China could be hit by that economy's sluggish growth as its post-COVID momentum has faltered rapidly.
Monex Group was sued on Thursday in what is believed to be the first lawsuit questioning the responsibility of a Japanese securities company over Credit Suisse AT1 bond losses.
BUSINESS / Companies
Jul 28, 2023

Japan’s Monex sued by client for Credit Suisse bond loss

The move marks a rare case of a financial institution being accused of responsibility for investor losses triggered by Switzerland’s move to wipe out the bonds.
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.
BUSINESS / Companies
Jul 31, 2023

Bigmotor suspected of fabricating insurance contracts

The news came on top of an investigation report that showed employees padded maintenance fee claims to insurance firms by deliberately damaging cars.
Pedestrians outside a Seibu department store in Tokyo's Ikebukuro district in April
BUSINESS / Companies
Jul 31, 2023

Seven & I struggles to sell slumping Sogo & Seibu department stores

The holdup is centered around the flagship Seibu department store in Tokyo's Ikebukuro district, with the local government expressing rare opposition.
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.
Honda's electric vehicle e:NP2 is displayed at the Auto Shanghai show, in Shanghai in April. The recent weakening of the yen couldn't come at a better time for Japanese automakers, which are struggling in the Chinese market.
BUSINESS / Economy
Aug 14, 2023

Weak yen gives Japan automakers temporary relief from China pain

A weak yen has traditionally lifted profits for Japan's big exporters
Elizabeth Kutschke at the park with her son Ben, who was diagnosed with spinal muscular atrophy
WORLD / Science & Health
Aug 15, 2023

When a $2 million gene therapy is not enough

Ben is one of a growing number of patients with spinal muscular atrophy whose doctors are turning to additional drugs in addition to gene therapy.
Residential buildings under construction at Tahoe Group's Cathay Courtyard development in Shanghai
BUSINESS / Economy
Aug 17, 2023

China’s housing slump is much worse than official data shows

Industry insiders and economists say China’s official home-price indexes are likely understating the depth of the downturn.
Supermarket owner Takashi Nakajima, 67, prepares raw fish to sell at his store, near the Fukushima No. 1 nuclear power plant in Soma, Fukushima Prefecture.
BUSINESS / Economy
Aug 22, 2023

For Fukushima shop owner, water release spells battle for survival

Japan said on Tuesday it would start discharging more than 1 million metric tons of the treated water on Thursday
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.
A woman walks past a showroom for Chinese electric vehicle maker XPeng in Beijing in February.
BUSINESS / Companies
Sep 16, 2023

Chinese EV makers pin hopes on Europe’s fading auto dealers

At the heart of their strategy is the traditional dealership model that European carmakers have been exiting in favor of direct sales.
The new invoice system, which goes into effect Oct. 1, is forcing many freelancers in Japan to choose between raising their prices or suffer a 10% loss in revenue.
COMMUNITY / How-tos
Sep 25, 2023

Freelancers aren’t happy with Japan’s new invoice system

For many freelancers and small businesses, the result will amount to a 10% increase in taxes.
BUSINESS / Companies
Sep 29, 2023

With help from GM, Honda tries again in U.S. EV market

The carmaker unveiled the brand’s first electric SUV on Thursday, marking a renewed push into fully electric vehicles.
A Ukrainian drone pilot, call sign Darwin, operating a first-person-view, or FPV, drone on a test flight near Kupiansk, Ukraine, on Aug. 5.
WORLD / Politics
Oct 1, 2023

Ukraine’s war of drones runs into an obstacle: China

Ukraine's latest fight is one over global electronics supply chains that run through China.
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.
A prescription injector for Ozempic, a weight loss drug
COMMENTARY / World
Oct 4, 2023

Ozempic cuts alcohol cravings. Liquor companies aren’t ready.

A survey conducted by Morgan Stanley’s AlphaWise research unit found that people consumed 62% less alcohol while taking weight loss drugs.
Scallops shipped from Hokkaido are served at the Anuga food trade fair held in Cologne, Germany, on Saturday.
JAPAN
Oct 9, 2023

Snubbed by China, Japan tries to sell Europe on its seafood

The scallop industry was hit particularly hard, as Japanese exports to China in August fell 71.3% from a year earlier.
Washington is taking steps to prevent U.S. chipmakers from circumventing government rules in order to sell to China.
BUSINESS / Tech
Oct 16, 2023

U.S. to tighten rules aimed at keeping advanced chips out of China

The Biden administration is aiming to close loopholes that might help its geopolitical rival gain cutting-edge technologies.
Sections of the forests in Colville, Washington, have already been thinned, allowing trees to grow less densely and reducing the risk for wildfire.
ENVIRONMENT / Sustainability
Oct 26, 2023

How to prevent forest fires by building cities with more wood

Not everyone is convinced mass timber will help forest health.
While Toyota has avoided the kind of hit other Japanese automakers have taken in China from a shift to electric vehicles and the rise of domestic brands, it still faces pressure in the world's biggest auto market.
BUSINESS / Companies
Nov 7, 2023

Toyota extends output cut at Chinese JV to ease dealer pressure

The automaker has told dealers that it will extend a plan to reduce output at one of its joint ventures in China, where it faces rising competition.
A JD.com advertisement in Beijing promoting the Singles Day shopping festival
BUSINESS
Nov 10, 2023

China’s Singles Day downbeat amid slumping consumer confidence

Shoppers are increasingly seeking value, looking for cheaper brands amid an overall mood of restraint.
The Formula One track in Las Vegas is lit up ahead of the Grand Prix on Wednesday.
MORE SPORTS
Nov 16, 2023

Formula One’s Las Vegas race isn’t living up to the hype

Liberty Media, the owner of F1, has started to lower profit expectations for the race, blaming unexpected costs.
Singapore national flags hang from the facade of a Housing & Development Board public housing estate in the Selegie area of Singapore, in 2021.
BUSINESS / Economy
Nov 17, 2023

China puts money behind Singapore model in major housing shift

Details are undisclosed, outlined in a classified "Document 14" last month.
JAPAN / Crime & Legal
Nov 21, 2023

Japan to ban marijuana-derived substance found in gummy candies

An expert panel at the health ministry decided to officially add the HHCH synthetic compound to a drug list, with the ban taking effect from Dec. 2.

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