Tag - jack

 
 

JACK

Japan Times
BUSINESS / Companies
Jun 22, 2022
Ant and Alibaba plan for less intertwined future after China crackdown
The two are trying to recover from a sweeping technology sector clampdown that has sliced hundreds of billions of dollars off their value and shrunk revenue.
Japan Times
BUSINESS / Tech
Feb 22, 2022
China tells banks and state firms to report exposure to Jack Ma’s Ant
It is unclear what has triggered the new scrutiny or whether it will lead to any actions or conclusions by regulators.
Japan Times
BUSINESS
Nov 30, 2021
Twitter’s Jack Dorsey steps down from CEO role
Dorsey's exit marks a significant shift at the company, which has navigated years of pressure from investors who thought it did not make enough money and criticism from Washington.
Japan Times
ASIA PACIFIC
Nov 5, 2021
Jack Ma, Trump and Xi: How a Chinese billionaire flew close to the sun
The story of the billionaire e-commerce tycoon's fall from official favor helps illustrate how rapidly China has transformed under Xi Jinping.
Japan Times
COMMUNITY / Our Lives / OBITUARY
Oct 4, 2021
David Jack: ‘One of the most inspiring people’ in Kansai
David Jack, who passed away last month due to a stroke, helmed Kansai Time Out, a lifeline for the non-Japanese community between 1977 and 2009.
Japan Times
SOCCER
Sep 16, 2021
Jack Grealish enjoys impressive Champions League debut with Manchester City
Manchester City winger Jack Grealish put an exclamation point on a fine display in his Champions League debut with a beautifully taken solo goal as Pep Guardiola's side outscored RB Leipzig 6-3 at Etihad Stadium on Wednesday.
Japan Times
BASEBALL / MLB
Aug 18, 2021
Detroit Tigers announcer apologizes after using racist accent to discuss Shohei Ohtani
The comment and apology were widely condemned on social media, with many criticizing the announcer, Hall of Fame pitcher Jack Morris, for saying he was sorry if he offended anyone.
Japan Times
BUSINESS / FOCUS
Jul 12, 2021
China's crackdown on its ultrarich set to reshape its most profitable sectors
With an age of unfettered gains now coming to an abrupt end, investors are likely to be more cautious.
Japan Times
MORE SPORTS
Jun 13, 2021
Reigning 400 champion Mack Horton misses Australia team for Tokyo
The 25-year-old missed the top-two finish that would have allowed him to defend his title at next month's Olympics by just 0.65 seconds.
Japan Times
BUSINESS
May 26, 2021
Old-school tycoons of Hong Kong are losing to China’s moguls
The past few years have seen a remarkable shift in fortunes between China's tech-savvy moguls and their old-school Hong Kong counterparts.
Japan Times
COMMENTARY / World
May 16, 2021
Regulators may be doing Alibaba a favor after all
Of great concern is that this core business once again contributed all of the operating profit because the rest of Alibaba's divisions remain a drag on earnings.
Japan Times
BUSINESS / Companies
May 15, 2021
Alibaba vows to hike spending after first loss since 2012
Jack Ma's flagship e-commerce firm swung to a 5.5 billion yuan ($852 million) net loss after the company swallowed a $2.8 billion fine for monopolistic behavior imposed by Beijing.
Japan Times
BUSINESS
May 12, 2021
After $260 billion slide, Alibaba aims to show the worst is over
Alibaba has agreed to a record $2.8 billion penalty from Beijing and vowed to change certain practices deemed anti-competitive.
Japan Times
COMMENTARY / World
Apr 19, 2021
Trust me, you don’t want to be China's biggest billionaire
Conspicuous wealth attracts unwanted scrutiny. Beijing is wary of rich developers because they often load up on debt, thereby putting corporate China's financial health at risk.
Japan Times
BUSINESS / Companies
Apr 10, 2021
China fines Alibaba Group $2.8 billion in monopoly probe
The penalty is equivalent to 4% of Alibaba's domestic sales in 2019, China's State Administration for Market Regulation said in a statement on Saturday.
Japan Times
COMMENTARY / World
Mar 31, 2021
I wrote a book on Chinese history. It was stolen by pirates on Alibaba
The scale of counterfeiting in China is so vast that tackling it is an epic undertaking even for the supposedly uber-capable Chinese state
Japan Times
COMMENTARY / World
Mar 22, 2021
China’s regulatory war on Ant Group
Once the powerful central bank publicly turned against Ant, bureaucrats who had endorsed the group fell silent and other departments began to jump on the bandwagon.
Japan Times
BUSINESS
Mar 19, 2021
Patriotic voices find big audience outside China's tightly controlled media
The success of bloggers and social media personalities helps show where the line for permissible speech is under President Xi Jinping.
Japan Times
BUSINESS
Feb 22, 2021
Ant faces another setback in curbs on joint lending with banks
Jack Ma’s Ant Group Co. and China’s other fintech giants were dealt another blow by new rules that target a lucrative growth area — joint lending with banks.
Japan Times
COMMENTARY / World
Feb 17, 2021
Why is China cracking down on Alibaba?
Given the Chinese government's huge regulatory power, investors are rightly anxious about Alibaba's prospects.

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores