japan

Warren Buffett got himself a $6 billion birthday present. The billionaire investor’s Berkshire Hathaway conglomerate revealed Sunday — on the Oracle of Omaha’s 90th birthday — that it bought stakes of slightly more than 5 percent in each of Japan’s top five trading companies. Berkshire said it had amassed long-term investments in Itochu, Marubeni, Mitsubishi, …

Japanese prime minister Shinzo Abe announced on Friday that he would resign for health reasons, marking the end of his tenure as Japan’s longest-serving leader. Abe was diagnosed with ulcerative colitis as a teenager, and first stepped down one year into his first term in 2006 because of complications from the chronic illness. However, Abe …

Japan on Monday reported its worst drop in GDP on record, with its economy shrinking a record 7.8% from April to June as the coronavirus pandemic severely slowed economic activity in the country. The decrease translates to an annual rate of decline of 27.8%, the worst quarter the world’s third largest economy has recorded since …

Japanese electronics giant NEC Corp. has rolled out technology at its Tokyo headquarters that can recognize employees’ faces even when they’re wearing masks. NEC is reportedly using the advanced facial recognition system in an experiment it started Monday that aims to reduce the amount of touching in its offices and stem the spread of the …

US judge said on Friday two Massachusetts men pose too great of a risk of flight to be released on bail given “spectacular” allegations that they helped orchestrate former Nissan Motor Chairman Carlos Ghosn’s escape from Japan. Magistrate Judge Donald Cabell said US Army Special Forces veteran Michael Taylor and his son, Peter Taylor, had …

Anyone who has ever been to Japan knows: Japan is special. The country has many strange habits. The Japanese culture is simply different and many peculiarities are hardly understood in the West. But it’s not only the old established traditions that are foreign to us Westerners. Just as disturbing are social developments such as the …

A Japanese supercomputer built with technology from Arm Ltd, whose chip designs power most of the world’s smartphones, has taken the top spot among the world’s most powerful systems, displacing one powered by IBM chips. The Fugaku supercomputer, a system jointly developed by Japanese research institute RIKEN and Fujitsu in Kobe, Japan, took the highest …

TOKYO, June 19 – Japanese shoppers queued at Uniqlo stores and crashed its website on Friday as the clothing chain began selling face masks with breathable fabric used in the brand’s popular underwear, preparing for the coronavirus outbreak lasting through summer. Scenes of people standing in the rain waiting for stores to open were seen …

Read More: Japan eyes extradition of ex-Green Beret who allegedly aided Carlos Ghosn escape Ex-Green Beret says it wasn’t a crime to help Carlos Ghosn escape Turkey charges seven in wild escape of ex-Nissan boss Carlos Ghosn Ex-Green Beret and his son arrested for helping Carlos Ghosn flee Japan

Two Americans accused of helping Carlos Ghosn flee Tokyo have a simple argument for why they shouldn’t face charges in Japan: They didn’t break the law. In a lengthy federal court filing, lawyers for ex-Green Beret Michael Taylor and his son Peter said the pair’s alleged role in the ex-Nissan CEO’s dramatic flight out of …