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Honda And Nissan Agree To Begin Merger Talks

Japanese Auto Giant Honda And Its Struggling Rival Nissan Agreed Monday To Launch Talks On A Merger Seen As A Bid To Catch Up With Chinese Rivals And Tesla On Electric Vehicles.

Yen Drops To 156 Against Dollar As BOJ Maintains Key Interest Rate

The Yen Weakened Against The Dollar Thursday After The Bank Of Japan Kept Borrowing Costs Unchanged, Extending A Retreat For The Currency That Came After The Federal Reserve Forecast Fewer Rate Cuts.

Honda And Nissan To Begin Merger Talks Nikkei Reports

Japanese Auto Giants Honda And Nissan Are In Preliminary Merger Talks, According To Media Reports Wednesday, Adding That A Tie-up Would Aim To Help Them Better Compete Against Tesla And Chinese Electric Vehicle Makers.

Trump Says He Could Meet Ishiba Before Returning To White House

U.S. President-elect Donald Trump Said Monday He Could Meet With Japanese Prime Minister Shigeru Ishiba Before He Returns To The White House In January.

Foreign-born CEO Says Japan Needs Immigration To Thrive

The Indian-born Head Of One Of Japan's Most Famous Snack Brands Has Warned That The Country Must Change Its Mindset And Admit More Immigrants To Get The Economy Back To The Glory Of Its Boom Years.

Asian Shares Advance, Tracking Rally On Wall Street

Shares Advanced Thursday In Asia After Wall Street Resumed Its Upward Climb, As An Update On Inflation Appeared To Clear The Way For More Help For The Economy From The Federal Reserve.

Nippon Steel Slams Inappropriate Politics In U.S. Steel Deal

Nippon Steel On Wednesday Slammed The "inappropriate" Role Of Politics After Bloomberg News Reported That President Joe Biden Would Block Its Planned Takeover Of U.S. Steel.

Europe Economy Needs Help. Political Chaos In France And Germany Means It May Be Slower In Coming

Even Before The French And German Governments Collapsed, Europe’s Economy Had Enough Difficulties. Tepid Growth And Lagging Competitiveness Versus The U.S. And China. An Auto Industry That's Struggling. Where To Find Billions For Defense Against Russia? And Now Donald Trump Threatening Tariffs.

Tough Times For Japanese Pubs As Izakaya Bankruptcies Come At Highest Rate In More Than A Decade

In Japan, You’ll Come Across A Couple Of Different Sub-classifications Of Restaurants. There Are senmonten, “specialized Shops” That Focus On Variations Of A Single Dish, Like Beef Bowls Or Ramen. There Are teishokuya, Which Serve A Variety Of Set Meals With A Main Dish Accompanied By Rice, Vegetables, And Miso Soup. And Then There Are izakaya, Pubs That Offer A Wide Array Of Alcoholic Beverages And Sides Such As Skewers Of Grilled Chicken, Plates Of Sashimi, And Bowls Of edamame.

Asian Stocks Mixed After Wall Street Falls Ahead Of Key U.S. Jobs Report

Asian Stocks Were Mixed Friday After Wall Street Retreated From Record Highs As Investors Awaited A U.S. Jobs Report Due Later In The Day.

Asian Stocks Slide After South Korea Political Drama

Asian Markets Retreated Wednesday After Overnight Political Drama In South Korea Added To Regional Uncertainties, Though The Kospi In Seoul Fell Less Than 2%.

After Fast Start, Electric Cars Need A Recharge As Range Limits, Cost Leave Some Drivers Skeptical

While Sales Of Electric Vehicles Surge In China, Adoption Of More Environmentally Friendly Vehicles Is Stumbling In The United States And Europe As Carmakers And Governments Struggle To Meet Years-old Promises About Affordability And Charging Stations.

Asian Shares Are Mixed, With U.S. Markets Closed For Thanksgiving

Asian Shares Were Mixed On Friday After U.S. Markets Were Closed Thursday Due To The Thanksgiving Holiday.

In U.S., A Guitar Trademark Feud Gets Political

A Guitar Company Touting An Endorsement By Donald Trump Has Become Embroiled In A Trademark Dispute, Accused Of Imitating An Iconic Instrument, U.S. Media Reported Tuesday.

Hello Kitty Owner Shares Plunge 17% On Sale Plan

Shares In The Japanese Entertainment Giant Behind The Popular Hello Kitty Brand Plunged On Wednesday After Major Shareholders Said They Would Reduce Their Stakes.

Amazon Japan Suspected Of Forcing Retailers To Cut Product Prices

Japan's Antitrust Watchdog Conducted An On-site Investigation Of The Japanese Unit Of Amazon.com Inc. On Tuesday For Allegedly Forcing Retailers To Cut Prices Of Products Sold On Its Online Shopping Website, Sources Close To The Matter Said.

Asian Shares Mostly Gain After Trump Picks Billionaire For Treasury Post

Shares Climbed In Asia On Monday, Tracking Last Week’s Gains On Wall Street, And Analysts Said Investors Were Viewing President-elect Donald Trump’s Choice Of Billionaire Investor Scott Bessent as His Nominee For Treasury Secretary As A Relatively Market-friendly Choice.

Mori Building Acquires Stake In Manhattan Landmark One Vanderbilt Avenue

Mori Building Co Ltd, Japan's Leading Urban Landscape Developer, Announced Friday That its U.S. Subsidiary Mori Building (U.S.A.) LLC Has Acquired A Stake In The One Vanderbilt From SL Green Realty Corp, New York City’s Largest Office Landlord.

Japan Inflation Slows For 2nd Month In Oct On Energy Subsidies

Japan's Core Consumer Prices In October Climbed 2.3 Percent From A Year Earlier, Increasing At A Slower Pace For The Second Straight Month As Government Subsidies Curbed A Rise In Energy Bills, Government Data Showed Friday.

Japanese Rice Price To Wholesalers Hits Record High In October

The Average Price Of Japanese Rice Sold To Wholesalers By Suppliers In October Struck A Record High On Rising Production Costs, Government Data Showed Tuesday, Despite Forecasts That The Price Would Go Down Following The Autumn Harvest.

Associated Press Says Buyouts And Some Layoffs Are Ahead As It Seeks To Cut Its Workforce By 8%

The Associated Press Said Monday That It Would Begin Offering Buyouts And Lay Off Selected Employees, Part Of A Plan To Reduce The News Outlet's Staff By About 8% And Accelerate A Transition To A Digital-first Organization.

Japan Economy Grows For 2nd Straight Quarter On Back Of Consumer Spending

Japan’s Economy Eked Out An Annual Rate Of 0.9% Growth In The July-September Period As Consumer Spending Held Up, Government Data Showed Friday.

Global Luxury Sales To Fall 2% In 2024, Among Weakest Years On Record, Bain Says

Sales Of Personal Luxury Goods Are Set To Fall 2% This Year, Making It One Of The Weakest On Record, With Price Hikes And Economic Uncertainty Shrinking The Industry's Customer Base, According To Consultancy Bain & Company.

Asian Shares Mostly Decline, Shrugging Off Wall Street Overnight Rally

Asian Shares Mostly Fell Tuesday, Despite A Rally On Wall Street In Stocks Seen As Benefiting The Most From Donald Trump’s Reelection as U.S. President.

Honda To End Production Of Super Cub 50 Motorcycle In May 2025

Honda Motor Co Plans To End Production Of Its Iconic Super Cub 50 Motorcycle In May 2025 Ahead Of The Introduction Of Stricter Vehicle Emissions Standards In Japan Later That Year.

Asia, The World Economic Engine, Prepares For Trump Shock

Some Asian Countries Stand To Gain If U.S. President-elect Donald Trump Pushes Ahead With His Promised Massive Tariffs On China And Triggers A New Wave Of Factory Relocations To The Rest Of The Region.

Toyota Maintains Net Profit Forecast Despite Drop In First Half

Japanese Auto Giant Toyota Kept Its Annual Net Profit Forecast Unchanged On Wednesday, Despite Logging A 26 Percent Drop For The First Half Of This Financial Year.

Stocks, Bond Yields And Bitcoin Advance As U.S. Election Brings Republican Gains

Share Prices And Bond Yields Surged Wednesday As The Republican Party Gained Control Of The Senate And Former President Donald Trump Was Leading In The Still Incomplete Vote Counts From Tuesday’s Election.

Tokyo Stock Exchange Extends Closing Time For 1st Time In 70 Years

The Tokyo Stock Exchange Has Extended Its Trading Hours By 30 Minutes Starting Tuesday Without Any Trouble On The First Day, As It Aims To Make The Bourse More Attractive To Foreign Investors And Boost Dealing Activity.

U.S. Government Tries To Rein In An Out-of-control Subscription Economy

Signing Up For A Subscription To A Streaming Service Or Newspaper Has Never Been Easier.

JAL Net Profit Falls 19.1% To ¥49.9 Bil In Fiscal 1st Half

Japan Airlines Co Said Friday Its Net Profit For The Six Months Ended September Fell 19.1 Percent From A Year Earlier To 49.9 Billion Yen, Hit By A Typhoon And An Investment Loss.

EU To Impose Duties On Electric Vehicle Imports From China From Thursday

The European Union Will Impose Duties On Imports Of Electric Vehicles From China From Thursday After Talks Between Brussels And Beijing Failed To Find An Amicable Solution To Their Trade Dispute, European Commission Spokesperson Olof Gill Said Tuesday.

30 Plaintiffs In Japan Sue Facebook Owner Meta Over Fake Ads

Facebook And Instagram Owner Meta Platforms Inc Faced Fresh Lawsuits In Japan On Tuesday Over Advertisements That Fraudulently Solicited Investments With Fake Celebrity Endorsements, With 30 Plaintiffs Seeking A Total Of 435 Million Yen In Damages.

Moody Cuts France Outlook, Opening Door To Credit Downgrade

Ratings Agency Moody's Has Downgraded France's Outlook, Opening The Door To A Potential Credit Rating Cut As It Cited Concerns Over The Country's Finances.

Lower-priced New Cars Are Gaining Popularity In U.S., And Not Just For Cash-poor Buyers

Had She Wanted To, Michelle Chumley Could Have Afforded A Pricey New SUV Loaded With Options. But When It Came Time To Replace Her Chevrolet Blazer SUV, For Which She'd Paid About $40,000 Three Years Ago, Chumley Chose Something Smaller. And Less Costly.

Seven & I Unveils 1.7-fold Sales Growth Plan Amid Takeover Pressure

Japanese Retail Giant Seven & I Holdings Co Aims To Increase Its Group Sales 1.7-fold To Over 30 Trillion Yen By Fiscal 2030, Its President Said Thursday, Amid Pressure To Raise Its Corporate Value Following A Renewed Takeover Bid From A Canadian Rival.

BOJ Chief Warns Of Risks Of Raising Interest Rates Too Slowly

Bank Of Japan Governor Kazuo Ueda On Wednesday Warned Of The Risks Of Moving Too Slowly In Raising Interest Rates, Saying Striking The Right Balance Is Crucial For The Japanese Economy To Grow In A Sustainable Way.

Tokyo Metro Shares Rocket On Debut In Japans Biggest IPO In 6 Years

Shares In Tokyo Metro, One Of The World's Busiest Subways, Soared Almost 50 Percent On Its Debut Wednesday After Its Government Owners Raised 348.6 Billion Yen In Japan's Biggest Initial Public Offering In Six Years.

U.S. Budget Deficit Widens To $1.8 Tn, Third Highest On Record

The United States On Friday Reported A Budget Deficit Of $1.8 Trillion For The Past Year, Widening From 2023's Level On Greater Spending, Including For Interest On The Public Debt.

Japan Records ¥294.3 Bil Trade Deficit On Weak Yen, Slowing Exports

Japan Racked Up A Trade Deficit Of 294.3 Billion Yen In September, According To Finance Ministry Data Released Thursday, As Exports Fell To Key Destinations Like China.

7 Eleven Turnaround Plan Requires Heavy Lifting To Stop Couche-Tard $47 Billion Takeover

Japan's Seven & I Holdings Is Betting It Can Boost Value By Hiving Off Underperforming Businesses And Focusing On Mainstay 7-Eleven stores. The Outcome Of Its Strategy Will Determine Whether It Can Outmaneuver A $47 Billion Canadian Takeover Bid.

China Exports Slow Sharply In September, Adding To Worries Over The Economy

China’s Exports Slowed Sharply In September As Global Demand Weakened, Adding To Worries Over How To Recharge Growth In The World’s Second-largest Economy.

Chinas Solar Goes From Supremacy To Oversupply

Strong State Support And Huge Private Investment Have Made China's Solar Industry A Global Powerhouse, But It Faces New Headwinds, From Punitive Tariffs Abroad To A Brutal Price War At Home.

Uniqlo Parent Company Reports Record Annual Earnings

Uniqlo's Parent Company Fast Retailing On Thursday Announced "a Record High Performance In Fiscal 2024" With Domestic Profits In Japan Boosted By Hot Summer Weather And A Tourism Boom.

Asian Stocks Follow Wall Street Decline; Markets Wait For China Policy Briefing

Asian Stocks Were Mostly Lower On Friday As Chinese Markets Declined As Investors Await A Key Briefing About The Details Of The Upcoming Stimulus Plan This Weekend.

Asian Shares Rise After Wall Street Rally

Asian Shares Mostly Rose Thursday, As Market Optimism Got A Perk From The Record Highs Set On Wall Street.

Japan's Benchmark Nikkei 225 Edged Up 0.3% In Afternoon Trading To 39,390.33. Australia's S&P/ASX 200 Rose 0.4% To 8,223.00. South Korea's Kospi Added 0.5% To 2,607.45.

Your Local Everything: What 7-Eleven Buyout Battle Means For Japan

In Japan More Is At Stake Than Money In The Mammoth Takeover Battle For 7-Eleven, The World's Biggest Convenience Chain, By Canadian Retail Giant Alimentation Couche-Tard.

Japan Real Wages Log 1st Fall In 3 Months Amid Continued Price Rises

Japan's Real Wages In August Fell 0.6 Percent From A Year Earlier, Marking The First Decline In Three Months, As Wage Growth Failed To Keep Pace With An Acceleration Of Price Increases, Government Data Showed Tuesday.

Asian Shares Climb After Blockbuster U.S. Jobs Report

Asian Shares Advanced Monday After A Surprisingly strong U.S. Jobs Report raised Optimism About The Economy, Sparking A Rally On Wall Street.

Are Digital Tools A Way For Companies To Retain Hourly Workers?

The COVID-19 Pandemic and The resetting Of The Economy that Followed It Made Hourly Workers More Aware Of Their Value. Some Experts Think Employers Should Expect To Field Demands For flexible Hours and Other Workplace Incentives Even As The labor Market Weakens.

Unions Trying To Fend Off Automation, Or Minimize The Impact

The Massive Port Workers' Strike That Threatened To Shut Down All The Major Dockyards On The Eastern Seaboard Of The U.S. And The Gulf Coast Is Highlighting A Fear Held By Many Workers: Eventually, We Will Be Replaced By Machines.

Convenience Store FamilyMart To Abolish Eat-in Spaces

There’s A Lot Of Joy To Be Found In Just Randomly Browsing Through A Japanese Convenience Store, Where The High-quality And Uniqueness Of The Ever-changing Lineup Of Food And Drinks Means There’s Always A Tasty Surprise Or Two Waiting For You.

Japan Antitrust Watchdog Launches Risk Study Into Generative AI

Japan's Antitrust Watchdog Has Launched An Investigation Into The Rapidly Growing Generative Artificial Intelligence Market, Aiming To Promote Fair Competition Amid Dominance By U.S. Tech Giants In Semiconductors And Specialized Personnel Necessary For Development.

Toyota Boosts Its Investment In Air Taxi Company Joby Aviation By Another $500 Million

Toyota Is Investing Another $500 Million In Joby Aviation As Part Of A Partnership Aimed At Helping Get The American Air Taxi Company's Commercial Business Off The Ground.

Asian Markets Mixed; Japanese Stocks Rebound From Mondays Slump

Asian Shares Were Mixed On Tuesday, With Japan’s Nikkei 225 Index Regaining Some Of Its Sharp Losses From A Day Earlier.

Japan S Stocks Slump After Ishiba S Election

Asian Markets Had A Wild Start To The Week, With Tokyo’s Nikkei 225 Index Tumbling Nearly 5% While Chinese Markets Soared On News Of Fresh Stimulus For The Faltering Economy.

Japan Businesses Hope For Sustained Economic Growth Under Next PM

Japan's Business Leaders Have Expressed Hope That Shigeru Ishiba, The Newly Elected President Of The Ruling Liberal Democratic Party, Will Accelerate The Country's Economic Growth Amid Signs Of Recovery, Including Rising Wages And Prices.

Japan Super-cheap Corn Snacks Maker Apologizes For 2nd-ever Price Increase In 45 Years

Part Of The Appeal Of Japan’s Mega-popular Umaibo corn Puff Snacks Is How Manufacturer Yaokin Is Constantly Adding New Flavors To The Lineup, Like Teriyaki Hamburger Or Cup Noodle. But At The Same Time,

Toyota Global Output Drops 11.2% In August As Quality Scandal Bites

Toyota Motor Corp Said Friday Its Global Production In August Dropped 11.2 Percent From A Year Earlier To 709,571 Vehicles, Falling For The Seventh Straight Month, As Output Was Partially Suspended Due To A Vehicle Certification Scandal And A Typhoon.