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August 07, 2025
 

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The government will extend subsidies worth as much as ¥242.9 billion for Kioxia and Western Digital to expand memory chip production in Mie and Iwate prefectures.
BUSINESS / Tech
Feb 6, 2024

Japan extends subsidies to downturn-hit Kioxia and Western Digital

The funding provides underpinning for the two companies, which have been hammered by a slump in the market for NAND flash chips.
Orienspace's Gravity-1 rocket blasts off from a sea-based platform off the coast of Haiyang, Shandong province, China, on Jan. 11.
BUSINESS / Companies
Feb 6, 2024

China startup aims to close gap with SpaceX on reusable rockets

Reusable rockets are transforming space access, as companies can reuse the most expensive parts of the device with little refurbishment.
Bank of Japan Deputy Gov. Shinichi Uchida says after the bank ends its negative rate policy, financial conditions will remain easy and any policy moves thereafter will occur at a gradual pace.
BUSINESS / Economy
Feb 8, 2024

BOJ's Uchida says sharp hikes unlikely after rates policy shift

Uchida was one of the architects of the bank's current policies and now works closely with Gov. Ueda as an influential member of the BOJ policy board.
A fight over Benefit One is the latest in a growing number of takeover deals in Japan, spurred in part by the Tokyo Stock Exchange pushing for improved corporate governance.
BUSINESS / Companies
Feb 8, 2024

Dai-ichi Life gets Pasona's nod on Benefit One acquisition

The agreement with Pasona Group, which owns 51.16% of Benefit One, is crucial for Dai-ichi to win the battle against digital health care provider M3.
Elon Musk has gone as far as to say that with technological advances, “there will come a point where no job is needed.” Musk revealed his own artificial intelligence chatbot, dubbed Grok, last year.
BUSINESS / Tech
Feb 9, 2024

Firms pausing hiring and axing staff quietly as AI craze persists

While some industry leaders have been outspoken about AI’s potential to transform work, there is caution over citing the new tech as a reason for cuts.
BASEBALL / Japanese Baseball / NPB NOTEBOOK
Feb 9, 2024

Roki Sasaki gets back to business after weeks of speculation about future

After weeks of rampant rumors, the "Monster of the Reiwa Era" is back to the business of baseball, and the MLB questions are back on the shelf for now.
BUSINESS / Companies
Feb 10, 2024

Struggling unit of 7-Eleven's parent company to exit central and northern Japan

The Seven & I Holdings unit will close five of its 17 stores in the regions and hand over 11 to other supermarket operators.
Tetsuro Higashi, the chairman of Rapidus, speaks during an interview in Tokyo in February last year.
BUSINESS / Tech
Feb 10, 2024

Japan earmarks ¥45 billion to fire up chip research at home

The funds are part of a major national push to catch up in semiconductor manufacturing.
Boeing 737 Max airplanes on the tarmac at the Boeing factory in Renton, Washington, in 2019
BUSINESS / Companies
Feb 10, 2024

How production pressures plunged Boeing into yet another crisis

Soul-searching about quality controls and plunged Boeing into its second safety crisis in five years.
Fujitsu has held more than £3.4 billion ($4.3 billion) of active contracts with parts of the British state while £1.4 billion of those were awarded after a 2019 court ruling which associated the firm with the wrongful prosecution of hundreds of local branch post office managers for theft and fraud.
BUSINESS
Feb 11, 2024

Fujitsu got £3.4 billion in U.K. contracts despite Post Office row

A committee said £1.4 billion of those contracts were awarded after a 2019 court ruling connected Fujitsu with hundreds of wrongful prosecutions.
Masahiro Inoue, incoming chief executive officer of Daihatsu Motor, during a news conference in Tokyo on Tuesday
BUSINESS / Companies
Feb 13, 2024

Toyota replaces Daihatsu chief after safety scandal

Masahiro Inoue, the CEO of Toyota Latin America, will replace Soichiro Okudaira effective March 1.
International Monetary Fund Managing Director Kristalina Georgieva (right) speaks during the World Governments Summit in Dubai on Monday.
BUSINESS / Economy
Feb 13, 2024

IMF and World Bank warn Gaza and Red Sea chaos imperils global economy

The Israel-Hamas war and its knock-on effects could impact the world the longer the fighting drags on, IMF chief Kristalina Georgieva said.
An Asiana Airlines passenger aircraft lands at Kansai International Airport in Osaka, Japan, on Dec. 20, 2023.
BUSINESS / Companies
Feb 14, 2024

Korean Air wins EU’s approval for $1.4 billion Asiana deal

Korean Air is expected to be ranked as one of the world’s top 10 airlines once the deal is completed.
Masayoshi Son, chairman and chief executive officer of SoftBank Group. One of SoftBank's primary objectives will be to harvest returns from its huge portfolio rather than priming unprofitable startups for growth.
BUSINESS / Companies
Feb 14, 2024

SoftBank’s Vision Fund swaps splashy bets for ‘timid’ investing

As other tech investors have heaped money into new artificial intelligence firms, Vision Fund has stayed out of the fray.
Sony trimmed its revenue forecast after sales of its flagship PlayStation 5 in the December quarter came in roughly a million units lower than analysts’ estimates.
BUSINESS / Companies
Feb 15, 2024

Sony dives most in two years after cutting PS5 sales outlook

Shares fell as much as 8.4% in early Tokyo trading, the biggest intraday fall since February 2022.
Taiwan Semiconductor Manufacturing Co.'s first Kumamoto plant in the town of Kikuyo, Kumamoto Prefecture, on Feb. 10
BUSINESS / Companies
Feb 16, 2024

Japan boosts aid to chip projects amid global race

Prompted by concerns, the government acted swiftly to prevent the potential loss of domestic production bases.
Vitol, the world's largest independent oil trader, is considering opening an office in Tokyo to trade electricity, sources said.
BUSINESS / Companies
Feb 16, 2024

Vitol considers entering Japan power market with Tokyo office

Japan's power market is attracting more overseas firms due to increased volatility amid shifts away from fossil fuels
Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during the SoftBank World event in Tokyo in October.
BUSINESS / Tech
Feb 17, 2024

Masayoshi Son aims to launch a $100 billion AI chip venture

The SoftBank Group founder is looking to create a chip venture to compete with Nvidia and supply semiconductors essential for AI.
Shoppers walk past an ID Hub, a Volkswagen showroom for electric cars, at a mall in Shanghai on Dec. 3, 2023.
BUSINESS / Companies
Feb 19, 2024

Firms with deep roots in China reconsider their Xinjiang ties

Volkswagen Group is reviewing the future of its joint venture in the Xinjiang region of northwestern China
An Enechange electric vehicle charging station in Kisarazu, Chiba Prefecture. There are around 37,000 public charging ports in Japan.
BUSINESS / Companies
Feb 19, 2024

Japan needs more priority EV parking spots, Enechange CEO says

In space-challenged Japan, where electric vehicles only account for around 3% of new car sales, regular cars often park in charging spots instead.
A public screen displaying stock figures in Shanghai on Jan. 29. China will halt the lending of certain shares for short selling from Monday, the securities regulator announced Sunday, in a move to support the country’s slumping stock markets.
BUSINESS / Markets
Feb 20, 2024

In rare move, China stock watchdog vows to heed market critique

Earlier policies, including state buying, have proved inadequate to avert a $5 trillion rout.
China's C919 — the country's first domestically developed large, narrow-body passenger aircraft, is displayed at the Singapore Air Show on Tuesday.
BUSINESS / FOCUS
Feb 20, 2024

China debuts C919 aircraft in Singapore, but can it challenge Boeing and Airbus?

The Asian powerhouse hopes the country's first domestically developed large, narrow-body passenger aircraft will help it break into new markets.
Volkswagen ID.3 and Cupra Born electric cars on the production line at the company’s plant in Zwickau, Germany.
BUSINESS / Companies
Feb 21, 2024

Europe is being forced to reboot its car industry

Unless they can get strategies back on track, Europe’s automakers risk falling further behind China and Tesla
As their popularity grow, Shein and Temu together send almost 600,000 packages to the U.S. every day.
BUSINESS / Companies
Feb 22, 2024

Rise of fast-fashion Shein and Temu roils global air cargo industry

Their pursuit of limited air-cargo space to woo consumers with rapid transit times make off-peak seasons almost disappear and cause capacity shortages.
The Huawei Mate 60 Pro, launched in August 2023 and powered by a sophisticated chip, was seen as a symbol of the China's technological resurgence despite Washington's ongoing efforts to cripple its capacity to produce advanced semiconductors.
BUSINESS / Tech
Feb 22, 2024

U.S. targets China chipmaking plant after Huawei Mate 60 Pro

The Biden administration seeks to cut off China's most advanced factory from more American imports after it produced a sophisticated chip for the phone.
Gunma Bank's video message in English is geared toward those from overseas who are flocking to Japan to buy up stocks, bonds and real estate as the nation’s assets emerge from decades of slumber.
BUSINESS / Companies
Feb 22, 2024

English video shows Japanese regional banks opening up to overseas investors

Foreigners are flocking to Japan to buy up stocks, bonds and real estate as the nation’s assets emerge from decades of slumber.
Passengers line up for security at San Francisco International Airport (SFO).
BUSINESS / Tech
Feb 22, 2024

The five most exciting innovations coming to an airport near you

Updating an existing airport terminal is time-consuming, expensive work that often costs hundreds of millions of dollars — and sometimes billions.
Jeff Bezos — the world’s second-richest person, according to the Bloomberg Billionaires Ranking — is investing in a business that’s developing human-like robots.
BUSINESS / Tech
Feb 24, 2024

Bezos and Nvidia join OpenAI in funding humanoid robot startup

The startup Figure AI is raising about $675 million in a funding round that carries a pre-money valuation of roughly $2 billion.
BUSINESS / Tech
Feb 24, 2024

Chip giant TSMC shifts away from hot spot Taiwan with Japan plant

The chipmaker's new plant in Kumamoto will boost the resilience of global supplies of the crucial hardware, founder Morris Chang told an opening ceremony.
With concerns over economics cutting across party lines, the preferred degree of toughness on China tends to be a policy rather than partisan divide.
BUSINESS / Economy / FOCUS
Feb 25, 2024

Biden or Trump, hawkish economic approach on China to intensify

With concerns over economics cutting across party lines, the preferred degree of toughness on Beijing tends to be a policy rather than partisan divide.
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’s unbeatable new production model export
China is not merely moving more goods; it is exporting a new, ruthlessly efficient production model powered by automation, AI and state-guided industrial optimization.
Trump: The $550 billion pledged by Japan is 'our money'
U.S. President Donald Trump at the White House on Tuesday. He told CNBC that investment pledges are like signing bonuses.
Australia announces new warships will come from Japan
The Maritime Self-Defense Force's Mogami-class frigate Niyodo sails at an undisclosed location in this image released Tuesday.
Japan swelters as previous heat record melts
A worker tries to cool down a street in central Tokyo Tuesday as wide swaths of the Kanto region sweltered under intense heat. In Gunma Prefecture, the temperature rose 41.8 degrees Celsius, the highest ever recorded in Japan.
Photographer Bleg Bayraktar is winning social media with politeness
A video on Bayraktar's Instagram account of the Belgian photographer approaching an elderly worker in Tokyo's Shibuya has gone viral, garnering almost 9 million views.
Australia announces new warships will come from Japan
The Maritime Self-Defense Force's Mogami-class frigate Niyodo sails at an undisclosed location in this image released Tuesday.
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.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

A mushroom cloud from the atomic bombing on Hiroshima taken from a U.S. military aircraft on Aug. 6, 1945. Copying the photo without permission is prohibited.
80 years on, a Japanese American hibakusha recalls the day the bomb dropped
By Elizabeth Beattie

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