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Toyota global output in October hits highest for single month

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Toyota Motor Corp said Thursday its global output in October rose 3.8 percent from a year earlier to 926,987 units, hitting a record high for a single month for the first time in nearly two years, driven by robust hybrid sales in North America. While the world's largest automaker by… Read

Business

Semiconductor giant SK hynix now makes chips you can eat

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South Korea's semiconductor giant SK hynix has made a foray into a new genre of chips -- the kind that's crunchy and goes with a beer. Packing 385 calories a bag, the company's new "HBM chips" snack is a nod to its top-selling high-bandwidth memory semiconductors, in great demand to… Read

Business

Beer giant Asahi says it is not engaging with ransomware hackers

5 Comments

Japanese beer giant Asahi said Thursday it was not negotiating with the hackers behind a "sophisticated and cunning" ransomware attack that is about to enter its third month. "Even if we had a ransom demand, we would not have paid it," CEO Atsushi Katsuki said. "We have not been in… Read

Business

Asian shares rise, taking their cue from Wall Street's winning streak

3 Comments

Asian shares rose on Thursday, taking their cue from Wall Street, where a winning streak extended to a fourth straight day. The future for S&P 500 and that for the Dow Jones Industrial Average were nearly unchanged. Japan’s Nikkei 225 added 1.2% to 50,167.10 as investors bet that the Federal Reserve will… Read

Business

Japan guests, reporters denied entry into China air show amid row

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Registered guests from Japan and Japanese media outlet reporters will be denied entry to an air show set to open later this week in southern China's Guangdong Province, organizers said Wednesday, amid a worsening diplomatic row between Beijing and Tokyo. Those affected were informed of their exclusion on the eve… Read

Business

Campbell's fires executive who was recorded saying company's products are for 'poor people'

20 Comments

The Campbell’s Co said Wednesday it has fired an executive who was recorded making racist comments and mocking the company’s products and customers. Martin Bally, a vice president in Campbell’s information security department, was named in a lawsuit filed last week by Robert Garza, a former Campbell’s employee who said… Read

Business

U.S. retail sales lose steam, consumer confidence falls as costs bite

29 Comments

U.S. retail sales lost momentum in September and firms grappled with an uptick in business costs, government data showed Tuesday, underscoring growing concerns about affordability in the world's biggest economy. Beyond these delayed economic figures -- indicating that consumers turned cautious towards the end of the summer -- a separate… Read

Business

EU says must 'step up' against China rare earths 'racket'

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The European Union must ramp up efforts to break its dependence on China for rare earths faced with export curbs that amount to a "racket" by Beijing, the bloc's industry chief Stephane Sejourne said Tuesday. China, the world's top producer of rare earths, in October announced new controls on the… Read

Business

Best Buy ups sales outlook heading into holiday shopping ramp-up

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Best Buy raised its profit and sales expectations ahead of the holiday shopping ramp-up on Black Friday after a strong third quarter. Comparable-store sales at the nation's largest consumer electronics chain rose 2.7%, fueled by computing, gaming and mobile phones. It was the biggest gain in four years for the… Read

Business

Overseas-based Tokyo condo buyers doubled in 2025 1st half: gov't survey

28 Comments

A survey of new condominium transactions in major metropolitan areas showed a rise in buyers with overseas addresses, with Tokyo seeing the share double to 3.0 percent in the January-June period of 2025, the land ministry said. Speculative purchases that drive up prices without actual demand are believed to exist,… Read


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