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February 18, 2025
 

Today's print edition

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BUSINESS

Companies
Economy
Markets
Tech
Japan's gross domestic product grew by an annualized rate of 2.8% in the October-December period, far more than the 1% forecast.
BUSINESS / Economy
Japan’s economic boomlet continues with strong fourth-quarter growth
By Kazuaki Nagata
Gross domestic product grew 2.8% in the three months to December, compared with a median market estimate of a 1% gain.
Minor Hotels and Royal Holdings executives explain their joint venture at a news conference last week in Tokyo.
BUSINESS / Companies
Thailand's Minor Hotels entering Japanese market with Royal Holdings JV
By Kazuaki Nagata
The 50-50 joint venture aims to have 21 hotels in Japan by 2035.
Steelworks of South Korea's largest steelmaker POSCO are seen over a residential area in Pohang on Feb. 13. Smoke billows from chimneys as factories churn in South Korea's steelmaking heartland, now under threat from Washington's new tariffs on the port city's largest export.
BUSINESS / Economy / FOCUS
Trump tariffs loom large in South Korea's 'steel city'
By Claire Lee
South Korea was the fourth largest exporter of the metal to the United States last year, accounting for 13% of its total steel imports.
BUSINESS
EU plans stricter food import restrictions over pesticide use
By Jorge Valero
BUSINESS
Xi hosts summit with Jack Ma and other private sector leaders
BUSINESS
Assets of Japan’s wealthiest jump to a record $3 trillion
By Yuko Takeo
BUSINESS
Japan begins talks with U.S. to sound out Trump tariff specifics
By Yoshiaki Nohara

Companies

Bain Capital said in a statement on Monday that it won’t implement a tender offer for Fuji Soft after deciding not to increase the price.
Companies
Bain ends tussle with KKR for Fuji Soft by giving up bid
By Lisa Du
The public battle underscored how quickly the private equity landscape has been changing in Japan.
Companies
Japan insurers sell $11 billion cross-held shares ahead of plans
By Nao Sano
Companies
U.S. Steel and Nippon Steel were blindsided by Trump investment talk
Companies
Nippon Steel wants 100% of U.S. Steel, not a minority stake, report says
By Kazuaki Nagata
Companies
Japan’s biggest IPO since SoftBank seeks to raise $3 billion
By Yasutaka Tamura
Companies
Bears circle SoftBank as DeepSeek clouds outlook for Stargate
By Aya Wagatsuma and Charlotte Yang
Companies
Honda and Nissan parting leaves both with unresolved problems
By Nicholas Takahashi

Economy

The Bank of Japan Gov. Kazuo Ueda last month reiterated his long-held position that he needs more time to mull the fate of the ETFs because it’s a complicated issue.
Economy
BOJ shifts focus to ETF assets as end of bank stock sales nears
By Toru Fujioka and Sumio Ito
The ETF holdings are the last major piece of Gov. Kazuo Ueda’s policy puzzle.
Economy
Japanese FM asks U.S. counterpart to exempt Tokyo from Trump tariffs
By Jesse Johnson
Economy
Trump says new tariffs on autos coming around April 2
Economy
Xi to chair symposium attended by Jack Ma and other Chinese business leaders, sources say
Economy
Corporate goods prices rise 4.2% from year earlier, backing case for rate hikes
By Toru Fujioka
Economy
Trump says he will sign reciprocal tariffs order soon, as trade war fears mount
By Andrea Shalal, David Lawder and Nandita Bose
Economy
Japan asks for exemption from Trump's steel and aluminum tariffs
By Francis Tang

Markets

As an alternative way of wagering on yen strength, some firms are using strategies involving European currencies, rather than the dollar, to profit from a widening rate differential with Japan.
Markets
Dollar swings drive creative yen bulls to European-based trades
By Naomi Tajitsu
Some firms are using strategies involving European currencies, rather than the dollar, to profit from a widening rate differential with Japan.
Markets
DeepSeek drives $1.3 trillion China stock rally as funds pile in
By John Cheng and Winnie Hsu
Markets
Hedge fund startup that replaced analysts with AI beats the market
By Harry Brumpton and Georgina McKay
Markets
Trump moves to impose reciprocal tariffs as soon as April
By Josh Wingrove, Jennifer A Dlouhy and Jenny Leonard
Markets
Rapid unraveling of U.S. consumer watchdog leaves financial firms in limbo
By Douglas Gillison, Nupur Anand, Pete Schroeder and Isla Binnie
Markets
Yen underperforms major currencies on Trump tariff uncertainties
By Mia Glass
Markets
Canada, Mexico and EU slam 'unjustified' Trump steel tariffs
By Tom Barfield, Jean ARCE and Raziye Akkoc

Tech

Talks on Taiwan Semiconductor Manufacturing Co. taking a controlling stake in Intel's factories at the request of Trump administration officials are in very early stages, and the exact structure of a potential partnership hasn’t been established. But the intended result would have the world’s largest made-to-order chipmaker fully operating Intel’s U.S. semiconductor factories.
Tech
TSMC considers running Intel’s U.S. factories after Trump team request
By Mackenzie Hawkins and Ian King
Trump officials raised the idea of a deal between the two companies in recent meetings with the Taiwanese chipmaker, and TSMC was receptive.
Tech
TikTok returns on Apple and Google U.S. app stores as Trump delays ban
Tech
Meta rally makes history as it goes on offensive with AI
By Ryan Vlastelica
Tech
AI feud: How Musk and Altman's partnership turned toxic
Tech
Tesla robotaxis by June? Musk turns to Texas for hands-off regulation
By Chris Kirkham and Abhirup Roy
Tech
France and EU promise to cut red tape on artificial intelligence technology
By Jeffrey Dastin, Elizabeth Howcroft and Florence Loeve
Tech
YouTube, the online video powerhouse, turns 20
By Glenn CHAPMAN
Read more BUSINESS stories
Japan's Iwaya vows to push ahead with sanctions against Russia
Foreign Minister Takeshi Iwaya meets with U.S. Secretary of State Marco Rubio and counterparts from other countries at the State Department in Washington on Jan. 21.
Nippon Steel wants 100% of U.S. Steel, not a minority stake, report says
The U.S. Steel Mon Valley Works Edgar Thomson Plant in Braddock, Pennsylvania.
U.S. drops website wording on not supporting Taiwan independence
The U.S. State Department has dropped the phrase "we do not support Taiwan independence" from a fact sheet on the democratic island on its website.
Singapore says Asia now views U.S. as a ‘landlord seeking rent’
According to a prepared text of Singaporean Defense Minister Ng Eng Hen's remarks posted on a government website over the weekend, the image of the U.S. "has changed from liberator to great disruptor to a landlord seeking rent."
Macron to host European leaders' meeting on Ukraine on Monday, says French minister
French President Emmanuel Macron and Ukraine President Volodymyr Zelenskyy meet in Brussels on Dec. 18.
Japanese research team develops world’s largest 'biohybrid' robot hand
A "biohybrid" robot hand developed by a research team from the University of Tokyo and Waseda University
The different faces of ‘Asura’ through the generations
Netflix series “Asura,” directed by Hirokazu Kore-eda, is a remake of a classic TV drama (known as “Like Asura” in English), created by Kuniko Mukoda and broadcast by NHK between 1979 and 1980.
Nariaki Obukuro found his groove — just not on the dance floor
While Nariaki Obukuro’s previous releases often included lyrics with specific references pulled from his own experiences, on “Zatto,” he’s stepping back to explore the joy and pain of the wider world.
Mao Asada sets out to safeguard the future of Japanese skating
"I hope skaters who train here will go on to shine on the world stage," Olympic silver medalist Mao Asada told the Japan Times at Mao Rink Tachikawa Tachihi, a skating rink in Tachikawa, Tokyo, whose establishment she was involved in, on Jan. 28.
Japan exploring drone production capabilities for military aid program
An unmanned Hamadori drone developed by Japanese company Space Entertainment Laboratory and equipped with various sensor options for surveys is displayed at the Japan Drone 2020 exhibition at Makuhari Messe in the city of Chiba in September 2020.

Podcast

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

Longform

Tokyo Koon stands at the forefront of tackling the so-called 2025 issue, also known as the “Magnetic Tape Alert.”
The race to save 20th-century history
By Alex K.T. Martin

SUSTAINABLE JAPAN

Site designer on why expos matter more than ever
Site designer on why expos matter more than ever

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