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Buddhist monk who built popular Tokyo startup seeks IPO in 2021

Business / Corporate Jun 25, 2021

Buddhist monk who built popular Tokyo startup seeks IPO in 2021

by Min Jeong Lee and Gearoid Reidy

Campfire's Kazuma Ieiri is one of a growing number of CEOs in Japan who have followed an atypical path to success.

New Panasonic CEO says efficiency to fuel Tesla business and spur growth

Business / Corporate Jun 24, 2021

New Panasonic CEO says efficiency to fuel Tesla business and spur growth

by River Davis and Yuki Furukawa

What’s now critical to Panasonic’s future growth is its relationship with the world’s biggest maker of electric cars and ability to claim a share of the global market for EV batteries.

Corporate governance issues haunt troubled Toshiba as it faces off with investors

Business / Corporate | FOCUS Jun 24, 2021

Corporate governance issues haunt troubled Toshiba as it faces off with investors

by Kazuaki Nagata

Amid scandal, a shareholders meeting on Friday is set to be a showdown between Toshiba’s board, who are pushing to retain Chairman Osamu Nagayama, and investors who want him out.

Pacific island turns to Australia for undersea cable after spurning China

Asia Pacific Jun 24, 2021

Pacific island turns to Australia for undersea cable after spurning China

by Jonathan Barrett

The United States and its Pacific allies have concerns that cables laid by China could compromise regional security.

World’s richest face tax squeeze after 40% boost to fortunes

World | FOCUS Jun 11, 2021

World’s richest face tax squeeze after 40% boost to fortunes

by Ben Steverman, Laura Davison and William Horobin

The proposals form part of a global revival of initiatives to target the rich, including new taxes on capital gains, inheritances and wealth.

Toshiba sought ministry help to swing key vote, probe finds

Business / Corporate Jun 10, 2021

Toshiba sought ministry help to swing key vote, probe finds

by Gearoid Reidy and Min Jeong Lee

Toshiba sought government help in an attempt to influence a key shareholder vote that installed its slate of directors, a probe has found in a vindication for investor activism in Japan.

Biden drops plan to ban Chinese-owned apps TikTok and WeChat

Business Jun 10, 2021

Biden drops plan to ban Chinese-owned apps TikTok and WeChat

The Trump administration had claimed the apps posed national security risks and had sought to force the sale of TikTok to U.S. investors.

Japan must work with TSMC to rebuild chipmaking base, ex-economy minister says

Business / Economy Jun 8, 2021

Japan must work with TSMC to rebuild chipmaking base, ex-economy minister says

by Isabel Reynolds, Pavel Alpeyev, Yuki Furukawa and Emi Nobuhiro

The nation is unable to return to cutting-edge chip development and manufacturing on its own, LDP lawmaker Akira Amari acknowledged, suggesting a tie-up with the Taiwanese chipmaker.

'Nihonbashi Valley': Tokyo’s old trade quarters transforming into a startup hub

Business / Corporate Jun 7, 2021

'Nihonbashi Valley': Tokyo’s old trade quarters transforming into a startup hub

by Alex K.T. Martin

The financial district home to the Tokyo Stock Exchange and the Bank of Japan is undergoing a makeover, luring dozens of life science and space technology startups.

G7 nations 'just 1 millimeter' from historic tax deal

Business / Economy Jun 5, 2021

G7 nations 'just 1 millimeter' from historic tax deal

Some of the world's richest nations are within touching distance of a historic deal to close the net on large companies that do not pay their fair share of tax.

G7 finance ministers meet in London to broker global tax deal

Business Jun 4, 2021

G7 finance ministers meet in London to broker global tax deal

The talks are aimed at moving closer to a global deal to raise more tax revenue from the likes of Google, Facebook and Amazon.

Biden order bans investment in dozens of Chinese defense and tech firms

World / Politics Jun 4, 2021

Biden order bans investment in dozens of Chinese defense and tech firms

The order prevents U.S. investment from supporting the Chinese military-industrial complex, as well as military, intelligence, and security research and development programs.

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