Japan

wsj.com/business/autos/toyota-makes-1-4-billion-ev-investment-in-indiana-facility-594607ac

Apr 25

Toyota Makes $1.4 Billion EV Investment in Indiana Facility: The latest financing effort follows an additional $1.3 billion investment at its flagship Kentucky ...

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Japan Tightens Export Controls on More Chip and Quantum Tech: Japan said it plans to expand restrictions on exports of four technologies related to ...

bloomberg.com/news/articles/2024-04-26/japan-tightens-export-controls-on-more-chip-and-quantum-tech

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General Motors to shut manufacturing operations in Colombia, Ecuador -statement: U.S. car maker General Motors will close its manufacturing operations in ...

reuters.com/business/autos-transportation/general-motors-shut-manufacturing-operations-colombia-ecuador-statement-2024-04-26/

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Japan comes face to face with its own space junk: A Tokyo company's satellite encounters a big lump of space debris high above the Earth.

bbc.com/news/science-environment-68903801

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Yen drops to 156 level vs. dollar as BOJ keeps current easing policy - The Mainichi

mainichi.jp/english/articles/20240426/p2g/00m/0bu/046000c

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US wants allies to cut chip-related China exports amid Huawei alarm : Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and ...

ft.com/content/4ecea0a7-a5cd-40b0-8a24-b72c1c1a8996

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Yen dives past 156.80 during Ueda news conference: TOKYO -- The Japanese currency fell sharply past 156 to the dollar on Friday, after the Bank of Japan held ...

asia.nikkei.com/Business/Markets/Currencies/Yen-dives-past-156.80-during-Ueda-news-conference

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Quick Glance: Yen declines to 156.80 during Ueda press conference

The Japanese currency saw a significant decline below 156 to the dollar on Friday, following the Bank of Japan's decision to maintain its monetary policy, raising concerns of potential government intervention.

During Bank of Japan Governor Kazuo Ueda's closely monitored press conference, the yen gradually fell to 156.81. The currency has been on a downward trend since the central bank's previous monetary policy meeting.

Financial markets are on edge about potential government interventions as the yen continues to decrease and consumers become increasingly worried about imported inflation.

Nikkei Asian Review, now rebranded as Nikkei Asia, is set to become the influential voice of the Asian Century.

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1h

Japan planting seaweed to meet its climate goals: On an April morning at a popular beach in Japan’s Yokohama, volunteers pluck a strand of eelgrass from a tray ...

theglobeandmail.com/world/video-japan-planting-seaweed-to-meet-its-climate-goals/

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Japan should be worrying about Taiwan, not Ukraine: Brahma Chellaney is professor emeritus of strategic studies at the Centre for Policy Research in New Delhi ...

asia.nikkei.com/Opinion/Japan-should-be-worrying-about-Taiwan-not-Ukraine

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Apr 25

Toyota has launched a public transport pilot with nine fully electric Hilux Revo pickup trucks in Thailand. The automaker's move in Thailand comes as Chinese ... Show more

Toyota pilots EV pickup trucks in key Thai market | Reuters

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17h

Yen tumbles after Bank of Japan holds near-zero interest rates: Central bank resists pressure to tighten policy despite currency weakness pushing up inflation

ft.com/content/30c39c56-3aee-4120-9490-5ce09c187322

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23h

Honda to set up $11 bln electric vehicle, battery plants in Canada: Honda Motor plans to invest C$15 billion ($11 billion) in new EV and battery production ...

reuters.com/business/autos-transportation/honda-set-up-11-bln-ev-production-base-canada-2024-04-25/

Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada

Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.

Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.

The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.

Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.

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20h

Japan frets over relentless yen slide as BOJ keeps ultra-low rates: Japan is concerned about negative effects of the weak yen, finance minister Shunichi Suzuki ...

reuters.com/markets/currencies/japan-is-concerned-about-weak-yens-negative-effects-finmin-says-2024-04-26/

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Nomura Q4 net profit jumps almost eight fold on retail income surge: Nomura Holdings , Japan's biggest brokerage and investment bank, reported on Friday a 670% ...

reuters.com/business/finance/nomura-q4-net-profit-jumps-almost-eight-fold-retail-income-surge-2024-04-26/

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11h

Morning Bid: Big Tech see-saw flips positive, yen swings wildly: A look at the day ahead in U.S. and global markets from Mike Dolan

reuters.com/markets/us/global-markets-view-usa-2024-04-26/

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Toyota teams up with Tencent for drive into China's EV market: BEIJING -- Toyota Motor said on Thursday that it is forming a strategic alliance with Chinese ...

asia.nikkei.com/Business/Business-deals/Toyota-teams-up-with-Tencent-for-drive-into-China-s-EV-market

Paid articlePaid

Quick Glance: Toyota and Tencent Collaborate for Entry into China's EV Market

Toyota announces strategic alliance with Tencent to develop artificial intelligence, cloud computing, and big data for electric vehicles in China.

Japanese automaker Toyota has been facing challenges in the Chinese market due to aggressive pricing and marketing by local competitors.

Collaboration with Tencent focuses on developing in-car software crucial for next-generation vehicles.

Demand for electric vehicles in China is rapidly growing, and Toyota aims to accelerate in this sector.

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17h

ByteDance would shut down TikTok in US rather than sell it, sources say: App’s ‘secret source’ algorithm reportedly core to operations of parent company ...

theguardian.com/technology/2024/apr/25/bytedance-shut-down-tiktok-than-sell

Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim

ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.

Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.

ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.

As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.

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3h

Beijing auto show: Foreign automakers eager for Chinese partners: Global automakers including Volkswagen and Toyota came to this year's Beijing auto show looking ...

reuters.com/business/autos-transportation/foreign-automakers-eager-chinese-partners-beijing-auto-show-2024-04-26/

reuters.com/world/glitch-japans-plans-bolster-us-defence-2024-04-26/

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The glitch in Japan's plans to bolster U.S. defence: As the United States faces security threats across the globe, its close ally Japan has committed to stepping ...

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Apr 24

Why Congress Voted to Force a Sale of TikTok in the U.S.: Lawmakers in numerous countries have expressed concerns that TikTok, which is owned by the Chinese ...

nytimes.com/article/tiktok-ban.html

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Apr 25

Japan's Moon lander makes it through another lunar night: What do we say to the God of Death? Not today

theregister.com/2024/04/25/slim_another_lunar_night/

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The glitch in Japan's plans to bolster U.S. defence: As the United States faces security threats across the globe, its close ally Japan has committed to stepping ...

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Japanese yen retreats after sudden surge: The Japanese yen slid on Friday, having briefly jumped against the dollar and other currencies ...

reuters.com/markets/currencies/yen-its-weakest-decades-boj-meets-2024-04-26/

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Japan's ANA enjoys record earnings on robust tourism growth - The Mainichi: TOKYO (Kyodo) -- ANA Holdings Inc. said Friday its net profit rose 75 ...

mainichi.jp/english/articles/20240426/p2g/00m/0bu/055000c

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Apr 25

LIVE: Russian cosmonauts step out of the ISS for a spacewalk: Reuters Live on X (Twitter)

twitter.com/i/broadcasts/1yoJMwVXnVwKQ

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19h

Haiti PM Henry steps down as transitional government takes power: Haitian Prime Minister Ariel Henry has resigned, his office said on Thursday ...

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4h

Honda goes all-in on EVs in U.S., Canada despite slowdown worries: TOKYO/TORONTO -- With big plans for a North American electric-vehicle supply chain ...

asia.nikkei.com/Business/Automobiles/Honda-goes-all-in-on-EVs-in-U.S.-Canada-despite-slowdown-worries

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Apr 25

Yen inches closer to intervention point as BOJ meeting starts: For the first time in over 30 years, the yen weakened beyond ¥155 per dollar ...

japantimes.co.jp/business/2024/04/25/markets/yen-falls-past-155/

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Morning Bid: Bank of Japan center stage, US tech supports

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Apr 25

Japan's lunar lander SLIM surprisingly returns after the third night: Japan's lunar lander exceeded all expectations: Although it was not designed for the ...

heise.de/news/Japans-Mondlander-SLIM-meldet-sich-ueberraschend-auch-nach-dritter-Nacht-zurueck-9698266.html

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Another incident of shooting at a student and this time the victim was killed inside the house.

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Nikkei Asia

asia.nikkei.com/Business/Business-deals/Carlyle-leads-in-race-to-acquire-KFC-s-Japan-operator

12h

Carlyle leads in race to acquire KFC's Japan operator: TOKYO -- U.S. fund manager Carlyle Group is close to acquiring KFC Holdings Japan ...

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Apr 25

Moms welcome babies Johnny Cash and June Carter on same day, at same hospital: Two Alabama babies who were both born on April 10 at the same hospital were named ...

goodmorningamerica.com/family/story/moms-babies-johnny-cash-june-carter-same-day-109573736

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21h

Inflation in Japan's capital slows more than expected, slides below BOJ goal

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Sony installs AI cameras in 500 Japan 7-Elevens for consumer analysis: TOKYO -- Sony has introduced an AI camera-powered system that measures the effectiveness ...

asia.nikkei.com/Business/Technology/Sony-installs-AI-cameras-in-500-Japan-7-Elevens-for-consumer-analysis

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Apr 25

‘Not only through blue eyes’: Hiroyuki Sanada on bringing ‘Shogun’ to life: Lead actor and producer of the hit FX series on his quest for authentic Japanese ...

cnn.com/2024/04/25/style/shogun-hiroyuki-sanada-interview-hnk-intl/

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Soros family fund among investors in Japan electricity exchange startup: TOKYO -- A group of 17 trading, power and gas companies, as well as Soros Capital ...

asia.nikkei.com/Business/Energy/Soros-family-fund-among-investors-in-Japan-electricity-exchange-startup

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16h

Inflation in Japan's capital slows more than expected, slides below BOJ goal: Core inflation in Japan's capital slowed much more than expected in April and fell ...

reuters.com/markets/asia/inflation-japans-capital-falls-below-boj-target-slows-2nd-month-2024-04-25/

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Apr 25

Japanese Olympic champion Ryoyu Kobayashi soared to a world record 291m (around 954 ft.) ski jump, shattering the ski flying and ski jump world records.

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Apr 25

Japanese companies navigate workplace revolution as job hunters get choosier "Both my parents are working and seem devoted to their jobs, which I respect ... Show more

Japanese companies navigate workplace revolution as job hunters get choosier - Nikkei Asia

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japannews.yomiuri.co.jp/business/companies/20240426-182585/

17h

Japanese Beer Makers Tap Interactive Experiences to Pique Interest of Young Generation

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Apr 25

In the face of bans, ByteDance tightens grip over US TikTok operations: Relationship between TikTok, ByteDance deepens as tensions over the app’s ownership ...

ft.com/content/0e040c03-e979-4acd-a6aa-6298301dcc42

Quick Glance: TikTok Ban Threat: ByteDance Prefers Closure Over Sale, Insiders Say

ByteDance, the owner of TikTok, would prefer to shut down its loss-making app rather than sell it if all legal options to fight legislation to ban the platform from app stores in the US are exhausted, said four sources.

TikTok accounts for a small share of ByteDance’s total revenues and daily active users, so the parent would rather have the app shut down in the US in a worst-case scenario than sell it to a potential American buyer, they said.

ByteDance would not agree to sell one of its most valuable assets – its “secret source” – to rivals, said the four sources, referring to the TikTok algorithm.

After facing challenges regarding bans, the short-form video app has encountered partial and attempted prohibitions in the US and other nations.

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8h

Wesley Snipes is set to return to one of his most famous roles after 20 years: Blade could appear twice in the MCU in the future. According to an insider ...

gamestar.de/artikel/wesley-snipes-blade-marvel-comeback,3412480.html

pbs.org/newshour/politics/trumps-lawyers-grill-ex-tabloid-publisher-pecker-as-1st-week-of-hush-money-testimony-nears-close

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PBS

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Trump's lawyers grill ex-tabloid publisher Pecker as 1st week of hush money testimony nears close

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Apr 25

'Charlie's kind of going through what Trump's going through': Jeff Daniels compares his character's situation in new series 'A Man in Full' to Donald Trump at ... Show more

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20h

Nidec faces market pressure as founder rips 'unfair' China EV war: TOKYO -- Cutthroat competition in China's electric vehicle sector has cast a shadow over ...

asia.nikkei.com/Business/Markets/Nidec-faces-market-pressure-as-founder-rips-unfair-China-EV-war

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Apr 25

The yen has a yield problem the BOJ can't easily fix

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23h

Passengers at Narita Airport soar 72% in fiscal 2023: The operator forecast that during the Golden Week holiday period, international passengers would total 835 ...

japantimes.co.jp/news/2024/04/25/japan/narita-airport-passengers-surge/

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Japanese yen rises sharply after hitting 34-year low against dollar Japanese yen rises sharply after hitting 34-year low against dollar | The Asahi Shimbun: Breaking News, Japan News and Analysis

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Middle East Eye

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Sudan: El-Fasher faces massacre as final fight for Darfur looms: Sudanese and international experts are warning of a massacre that could generate “Hiroshima and ...

middleeasteye.net/news/sudan-darfur-el-fasher-massacre-imminent-final-fight

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Apr 25

Hello Kitty turns 50. What will the next cat's meow be?: The global rise of Hello Kitty, who turns 50 this year, tracks that of Japanese culture. What, then ...

japantimes.co.jp/commentary/2024/04/22/japan/hello-kitty-50-years-anniversary/

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Honda to set up $11 bln electric vehicle, battery plants in Canada Show more

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291 meters from Kobayashi: Ski association denies world record to monstrous air show

n-tv.de/sport/Skiverband-verweigert-monstroeser-Flugshow-den-Weltrekord-article24900531.html

Quick Glance: Record Flight by Ryoyu Kobayashi in Iceland

Ryoyu Kobayashi reaches 291 meters at a ski jumping event in Iceland, surpassing the official world record by 37.5 meters.

Kobayashi expresses that the jump was a long-time dream and credits all involved for their support.

A provisional ski jump in Iceland allowed for flights over 300 meters, with Kobayashi reaching 291 meters.

Although the record is not officially recognized, it was an exciting event with months of preparation and a second attempt by the energy drink giant.

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Rui Hachimura says the Lakers just don’t have enough experience compared to the Nuggets “Clearly, we have to do something better. Of course ... Show more

businessinsider.com/equativ-in-talks-to-acquire-sharethrough-adtech-sources-2024-4

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Adtech firm Equativ is in talks to acquire Sharethrough: sources: PE firm Bridgepoint recently took a majority stake in Equativ and Deutsche Telekom took a stake ...

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Apr 25

Ramen is more than just a bowl of noodles, it is an experience and tourist attraction in Japan

apnews.com/article/japan-ramen-food-noodles-f7b36ca1fb7abc08c069bf8462e29dd6

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Welcome to the Tennessee Titans, JC Latham. He was the No. 7 overall pick in the NFL Draft. HE played football at the University of Alabama as a right tackle ... Show more

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Apr 25

Motoki Yuzuriha, president of Mynavi Global, a Tokyo-based human resources company, on how to make Japan can an attractive place for foreigners to work despite ... Show more

Japan's declining attractiveness from the perspective of foreign talent is starting to become reality. Companies must improve salaries and other benefits. - Japan Today

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Apr 25

Battling climate change, Japan looks to seagrass for carbon capture: On a recent Saturday, some 100 volunteers gathered on a popular beach in the Japanese port ...

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Apr 25

'City Hunter' manga hero drops the sexism for new live-action film: Lead actor Ryohei Suzuki says production had to strike a balance between his character's ...

japantimes.co.jp/culture/2024/04/25/film/ryohei-suzuki-city-hunter-movie/

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Apr 25

Foreigners take advantage of weak yen to feast on pricey dishesForeigners take advantage of weak yen to feast on pricey dishes | The Asahi Shimbun: Breaking News, Japan News and Analysis

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japannews.yomiuri.co.jp/society/obituaries/20240426-182636/

14h

Yukio Kasaya, Japan’s First Winter Olympics Champion, Dies at 80

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Japan's defense spending climbs to 1.6% of GDP: TOKYO -- Japan's defense-related budget for fiscal 2024 has expanded to 1.6% of gross domestic product ...

asia.nikkei.com/Politics/Defense/Japan-s-defense-spending-climbs-to-1.6-of-GDP

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Apr 25

Revival in Japanese Stock Market Hinges on Domestic Demand Taking Hold: Japan’s stock market needs to see more domestically-oriented companies step up their game ...

bloomberg.com/news/articles/2024-04-25/revival-in-japanese-stock-market-hinges-on-domestic-demand-taking-hold

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Apr 25

Fragile yen could make BOJ's Ueda tilt more towards hawkish stance: The yen's slide to fresh 34-year lows is likely to force Bank of Japan Governor Kazuo Ueda to ...

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Bandai Namco has partnered with PureArts Studio for a life-sized replica of Malenia's detached arm from Elden Ring, allowing FromSoftware fans to display it on ... Show more

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Hokkaido Shinkansen Extension to Be Delayed Beyond FY 2030

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Shortage of staff: Bremer Straßenbahn AG lets subcontractors drive: BSAG does not have enough staff to operate all routes in Bremen itself. On some lines it ...

weser-kurier.de/bremen/stadtteil-huchting/personalmangel-bremer-strassenbahn-ag-laesst-subunternehmer-fahren-doc7v4j7f7kitvl46bi32d

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