BUSINESS

Global food inflation is expected to intensify as supply shocks pile up

Global food inflation is expected to intensify as suppl...

The world's poorest consumers are being hit the hardest as food prices rise in m...

U.S. interest costs hit record $1 trillion, risking debt snowball

U.S. interest costs hit record $1 trillion, risking deb...

For the year through September, net interest costs came to $1.05 trillion, up mo...

Nidec to seek damages from founder and executives over accounting fraud

Nidec to seek damages from founder and executives over ...

The motor manufacturer said it had concluded that the executives violated laws a...

All Toyota models to be software-based by 2030

All Toyota models to be software-based by 2030

The move will help Toyota generate revenue through software update fees after de...

This Chinese export boom really has legs — and wings

This Chinese export boom really has legs — and wings

In an office reeking of cigarettes, Dang Yangyang slouches on a black leather so...

IMF official welcomes Japan’s temporary tax cut plan

IMF official welcomes Japan’s temporary tax cut plan

Rahul Anand, IMF assistant director and mission chief for Japan, said the approa...

Toyota to debut its own version of Tesla EV-making tech in China

Toyota to debut its own version of Tesla EV-making tech...

The Shanghai plant is under construction and due to start producing cars in 2027.

ADB chief warns of high inflation in Asia amid uncertainty

ADB chief warns of high inflation in Asia amid uncertainty

"The global economy is facing unprecedented uncertainty," said Masato Kanda, a f...

SoftBank is said to weigh buying top U.S. security firm allied

SoftBank is said to weigh buying top U.S. security firm...

The potential transaction may give closely held Allied an equity value of as muc...

BOJ’s Ueda ‘can’t tolerate’ underlying inflation further over 2%

BOJ’s Ueda ‘can’t tolerate’ underlying inflation furthe...

The BOJ governor was speaking two weeks ahead of the bank's next policy decision...

Shinkansen helps Kyushu economy with fast connections and local development

Shinkansen helps Kyushu economy with fast connections a...

A major transportation bottleneck was eliminated more than a decade ago when the...

Rakuten sells record ¥400 billion of bonds on retail demand

Rakuten sells record ¥400 billion of bonds on retail de...

The 5.5-year bonds carry a 4.37% coupon and were priced at a spread of 200 basis...

BOJ’s Koeda warns against too much caution on rate hikes

BOJ’s Koeda warns against too much caution on rate hikes

The board member reiterated that she didn't have any specific pace in mind for p...

Japan, South Korea agree to extend $10 billion currency swap arrangement

Japan, South Korea agree to extend $10 billion currency...

The agreement, originally set to expire at the end of November, is expected to r...

Katayama says G20 should monitor markets with urgency

Katayama says G20 should monitor markets with urgency

The finance minister warned speculators that Japan was prepared to take action i...

CoreWeave’s slump spotlights growing burden of debt behind AI boom

CoreWeave’s slump spotlights growing burden of debt beh...

The loss-making cloud company has about $50 billion in debt and has become a foc...