Business
CSSC Offshore and Marine Engineering reports 2025 profit surge
CSSC Offshore and Marine Engineering (COMEC) reported a net profit of CNY1.01 billion ($144 million) for the 2025 financial year, representing a 167.26 per cent increase compared to the previous year. Internal Pages – Super (728×90) – Position 14 This performance was supported by the delivery of 39 vessels totalling 1.1153 million DWT, according to […]
OpenAI chairman warns firms to evolve with the ‘death of SaaS’ or wither
OpenAI Chairman and Sierra CEO Bret Taylor called Japan a crucial market for consumer support. (Photo by Rei Nakafuji) MIKA MIZOBUCHI and REI NAKAFUJI NEW YORK/SAN FRANCISCO — Companies that cannot accept new technology like artificial intelligence will face a difficult future, said Bret Taylor, CEO of U.S. AI agent startup Sierra and chairman of the […]
Japan eyewear chain Jins to open AI-equipped flagship store in central Tokyo
Companies Data accumulated by recommendation system will help company’s Southeast Asia push Jins new Ginza flagship store in Tokyo will serve its overseas expansion by collecting data on overseas customers. (Photo by Shohei Kanaya) TOKYO — Japanese eyewear chain operator Jins Holdings is opening a flagship location in Tokyo’s upscale Ginza district, equipped with a […]
Tokyo ‘smartly’ addresses lack of trash cans amid overtourism concerns
Travel & Leisure Akihabara to get automated bins, Shibuya to fine shops without receptacles Pedestrians cross the famous “scramble” intersection in Tokyo’s Shibuya district on March 24. Tourists say that a shortage of public trash cans in Japan is a headache. (Photo by Satoko Kawasaki) RIKU TAZAKI and KOHEI TAKAHASHI TOKYO — The Tokyo Metropolitan Government and […]
Japan to stop accepting foreign restaurant workers as visas approach cap
The food services industry had 42,396 people on specified skilled worker visas as of November 2025. (Photo by Mizuho Miyazaki) TOKYO — Japan will no longer receive foreigners to work in food services next month as it nears the immigration cap for such workers, the government said Friday, a move that has sparked panic among […]
Energy crisis hits currencies of Asian economies reliant on Middle East
Currencies Philippine peso and South Korean won plunge, while dollar soars Asian currencies have slumped in the month since the start of the Iran war. (Photo by Akira Kodaka) SHINICHI ARAKAWA and YUKI FUJITA TOKYO/MANILA — Soaring resource prices due to the worsening situation in the Middle East are widening the gaps between currencies of […]
Japan’s ispace postpones lunar lander launch from US by 3 years
A rendering of ispace’s lunar lander for Mission 3, now renamed Mission 5. (ispace) AYA ONISHI and YUIYA SHIBATA TOKYO — Japan’s ispace has delayed a moon lander launch from the U.S. to 2030 from the original 2027, the aerospace startup announced Friday, pushing back expectations of profitability for its lunar surface transport service as […]
Partnership between MRS Logística and Ocean Network Express creates intermodal route connecting Paulínia to the Port of Santos
Marco Dornelas – Disclosure MRS Logística and Ocean Network Express (ONE) entered into a partnership to create an intermodal route (road and rail), which connects Paulínia to the Port of Santos, promoting efficiency gains, increased transport capacity and cost reduction. Internal Pages – Super (728×90) – Position 14 In an exclusive interview with Jornal Portuário, […]
Nuclear restart moves forward in Taiwan amid energy supply concerns
Energy Chip-producing island could face disruptions from Mideast turmoil, China pressure The Maanshan Nuclear Power Plant in southern Taiwan stopped operating last year. © Reuters TAIPEI — State-owned Taiwan Power on Friday submitted a plan to restart one of the island’s nuclear power plants as concerns grow about supply disruptions because of the conflict in […]