Ken Akamatsu speaks to Nikkei Asia during an interview in Tokyo, on July 12. (Photo by Suzu Takahashi) 
Artificial intelligence

AI companies should share revenue with manga artists: Japan lawmaker

Akamatsu suggests AI services set aside 1% of earnings for cultural projects

1 August 2024
Rising global electricity consumption from the AI boom is a tailwind for Hitachi's power transmission business. (Hitachi)
Companies

Hitachi leans into IT services and power grid, fueling 150% profit surge

Long-term restructuring efforts bear fruit in April-June quarter, tapping AI demand

1 August 2024
Warren Buffett-led Berkshire Hathaway has drawn down its stake in BYD to less than 5%.
Equities

China EV price wars weigh on BYD, Japan automaker stocks

Chinese subsidies, improved quality add to headwinds faced by Nissan, Honda

1 August 2024
Japanese Prime Minister Fumio Kishida will meet in August with leaders from five Central Asian countries in Astana, the capital of Kazakhstan.
International relations

Japan builds ties in Russia's backyard with Central Asia summit

Tokyo to offer support for decarbonization and logistics in resource-rich region

1 August 2024
The BOJ's monetary policy decision on July 31 sent the Japanese yen to a high it had not touched since mid-March. (Photo by Nanami Sato)
Currencies

Yen jumps on BOJ chief's hawkish stance

Kazuo Ueda remains open to further rate hikes, pending economic growth and inflation

31 July 2024
JAL and ANA have seen increased passenger loads -- and have raised some fares -- but the weak yen has offset gains by making fuel and aircraft upkeep more costly. (Photo by Konosuke Urata)
Transportation

Japan's JAL and ANA see Q1 revenue growth but profits drop

Major airlines hit by rising fuel and maintenance costs due to weak yen

31 July 2024
Bank of Japan Gov. Kazuo Ueda speaks at a news conference after its policy meeting in Tokyo on July 31. (Photo by Yutaka Miyaguchi)
31 July 2024
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Announcements

Nikkei 225 to cap Fast Retailing share weight in index calculation

Uniqlo owner is 1st case of Nikkei Stock Average's rule introduced in 2022

31 July 2024
The Japanese government has ordered Toyota Motor to make "drastic reforms to ensure appropriate certification operations." (Photo by Haruka Kadooka)
Automobiles

Toyota handed corrective order for certification violations

Japan's transport ministry uncovers intentional misconduct and irregularities

31 July 2024
Alternative investments take place in less liquid private markets than those in publicly traded assets such as equities. (Photo by Mizuho Miyazaki)
Finance

Alternative investors shifting assets into Japan, India: Preqin

Overall fundraising in Asia drops to 10-year low on China concerns

31 July 2024
People take photos of characters from the Japanese manga series “Chiikawa” at a pop-up store in Hong Kong. (Photo by Echo Wong)
Tea Leaves

China's stressed young people find solace in Japanese manga

Struggles facing ‘Chiikawa’ characters resonate with youth amid economic slowdown

31 July 2024
ATMs are installed at the over 3,000 7-Eleven stores in the Philippines. (Seven Bank)
Finance

7-Eleven group ATMs coming to Malaysia in latest Southeast Asian expansion

Seven Bank to add new features like biometrics to cash machines in convenience stores

31 July 2024
The company's factory automation business is centered on China, where investments are sluggish. (Photo by Yoichiro Hiroi)
Electronics

Mitsubishi Electric bets on price hikes amid headwinds in China, Europe

Investors focus on two earnings drivers: factory automation and air conditioning

31 July 2024
Japan is seeing record numbers of foreign tourists attracted by the weak yen.
Food & Beverage

Japan restaurant reservation sites start catering to foreign tourists

Services let customers pay to skip lines, reserve tables in other languages

31 July 2024
The Bank of Japan will discuss increasing the policy rate to 0.25% at its two-day policy board meeting through July 31. (Photo by Satoko Kawasaki)
Bank of Japan

BOJ to weigh rate hike to 0.25% at Wednesday policy meeting

Japan central bank seen halving JGB purchases within 2 years amid steady inflation

31 July 2024
IPEF nations have established a network that will take action whenever supply chains are disrupted.
Supply Chain

South Korea, Japan to help crisis-proof Indo-Pacific supply chain

14 IPEF members to share chips and medical supplies in emergencies

31 July 2024
Isuzu's Elf EV: The Japanese automaker plans a push into the electric truck market in North America, starting with smaller vehicles. (Photo by Satoko Kawasaki)
Electric vehicles

Isuzu to enter U.S. EV truck market ahead of tougher CO2 rules

Automaker to start locally assembled compact vehicle sales in August

30 July 2024
A Harley-Davidson Japan office in Tokyo has been inspected over allegations that the subsidiary of the American motorcycle maker breached the Antimonopoly Act.
Automobiles

Harley-Davidson Japan faces probe over excessive sales quotas

Antitrust watchdog looks into allegations dealers were forced to buy unsold units

30 July 2024
(From left) Kazuma Tomoto, Toshiyuki Tanaka, and Yoshiaki Oiwa won the bronze medal in the eventing equestrian event at the Paris Olympics on July 29.
Sports

Japan wins eventing bronze, 1st equestrian medal in 92 yrs

Three-day competition ends with Great Britain taking gold, France wins silver

30 July 2024
Known in Japan for its potato-based snacks, Calbee is looking to venture into AI. (Photo by Kotaro Suzuki)
Food & Beverage

Japan snack giant Calbee looks to bring AI to potato chips

Company seeks U.S. startups to make healthier snacks and greener packaging

30 July 2024
Members of the Japan Self-Defense Forces walk past a Patriot Advanced Capability-3 (PAC-3) missile unit at the Ministry of Defense in Tokyo.
Defense

Japan to sell $19m in Patriot missiles to U.S.

Two sides settle on pricing, 7 months after agreeing to backfill American stockpiles

30 July 2024
Researchers from Japan's Kyoto University discovered a technique to produce white blood cells that attack COVID-infected cells. (Photo by Yo Inoue)
Coronavirus

Japanese researchers eye COVID treatment derived from stem cells

Immunotherapy creates killer T cells that detect coronavirus markers

30 July 2024
TDK shares rose sharply after the company announced a new material for all-solid-state batteries with improved energy density. (TDK)
Equities

AI, solid-state-battery hopes power up TDK's stock price

Japanese company holds roughly 40% global market share in mobile phone batteries

30 July 2024
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Climate Change

Sumitomo, JGC to harness Japan production tech for floating wind turbines

More than 20 companies to join consortium to manufacture platforms

30 July 2024
Japan's Ministry of Finance will work with designated brokerages on outreach to overseas bond investors. (Photo by Wataru Ito)
Finance

Japan taps brokerages to market JGBs abroad as BOJ steps back

Ministry of Finance seeks buyers to fill gap in market long dominated by central bank

30 July 2024