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Asian news from city Tokyo

Warren Buffett - Nikkei staff writer - Buffett-backed Itochu aims to build on Berkshire clothing tie-up - asia.nikkei.com - Japan - city Tokyo

Buffett-backed Itochu aims to build on Berkshire clothing tie-up

TOKYO -- Japanese trading house Itochu is discussing partnership opportunities with Warren Buffett's Berkshire Hathaway after securing an apparel tie-up, Chief Financial Officer Tsuyoshi Hachimura told Nikkei.

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RYOHTAROH SATOH - Nikkei staff writer - Japan's auto industry has an AI chip problem, says self-driving startup - asia.nikkei.com - Japan - China - city Tokyo

Japan's auto industry has an AI chip problem, says self-driving startup

TOKYO -- The Japanese auto industry is facing higher costs and potentially less design freedom as artificial intelligence chips become more expensive and reliance on overseas companies like Nvidia grows, said the semiconductor development chief of Turing, a Tokyo-based self-driving startup.

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Tokyo’s old fish market makes way for skyscrapers, glitzy stadium to woo global spenders - apnews.com - Japan - Singapore - city Tokyo

Tokyo’s old fish market makes way for skyscrapers, glitzy stadium to woo global spenders

TOKYO (AP) — The site of Tokyo’s famed Tsukiji fish market, left empty after it was razed six years ago, will be replaced by a scenic waterfront stadium and glistening skyscrapers according to plans for its redevelopment that are facing some staunch opposition.

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Lim Hui Jie - Sarah Min - Asia-Pacific markets are set to open mixed as investors await Tokyo, U.S. inflation data - cnbc.com - Japan - Hong Kong - Australia - city Tokyo - city Chicago

Asia-Pacific markets are set to open mixed as investors await Tokyo, U.S. inflation data

Asia-Pacific markets were set to open mixed on Friday, as investors awaited key economic data out of Japan as well as U.S. inflation reading for clues on the two countries' monetary policy path.

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Fumio Kishida - Joe Biden - Theodore Roosevelt - Japan, U.S., South Korea start military drills to counter North - asia.nikkei.com - Japan - China - Taiwan - Usa - South Korea - Washington - North Korea - state Washington - city Tokyo - city Beijing - city Seoul

Japan, U.S., South Korea start military drills to counter North

TOKYO (Kyodo) -- Japan, the United States and South Korea on Thursday began a new joint military exercise in the East China Sea spanning aerial, naval and cyber domains, apparently to boost their readiness against North Korea's missile and nuclear threats.

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SHIGERU SENO - Nikkei senior staff writer - Philippines, Bangladesh push Asian migrant numbers to record high - asia.nikkei.com - Philippines - Bangladesh - city Tokyo - city Bangkok

Philippines, Bangladesh push Asian migrant numbers to record high

TOKYO -- A record 6.93 million Asians newly migrated overseas for work in 2023, as more people from the Philippines, Bangladesh and other countries chase opportunities in advanced economies hungry for labor.

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CHIHIRO ISHIKAWA - Nikkei staff writer - Yen slides under 160 to lowest level since 1986; Japan stocks fall - asia.nikkei.com - Japan - city Tokyo

Yen slides under 160 to lowest level since 1986; Japan stocks fall

TOKYO -- The yen fell past 160 against the dollar for the first time since late April when the government and the Bank of Japan began to support the currency, stoking expectations of more intervention.

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Masato Kanda - Nikkei staff writer - LISA KIM - Analysts expect next Japan forex intervention around 165 - asia.nikkei.com - Japan - city Tokyo

Analysts expect next Japan forex intervention around 165

TOKYO -- The next round of Japanese government intervention to stop the yen's slide will likely happen if the currency hits 165 versus the dollar, according to Bank of America Securities and Citigroup.

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