Business Sep 1, 2021
Xi tests ‘common prosperity’ policies in Alibaba’s home province
The wealthy province of Zhejiang is home to 65 million people and some of China’s most successful private companies.
Xi tests ‘common prosperity’ policies in Alibaba’s home province
The wealthy province of Zhejiang is home to 65 million people and some of China’s most successful private companies.
Xi approves action on everything from monopolies to pollution
Xi in particular stressed the importance of strengthening anti-monopoly regulations, a push that has already cost tech giants hundreds of billions of dollars over the past year.
NASA taps Kyoto startup to make maps of the wind for drones
The U.S. National Aeronautics and Space Administration is turning to a Japanese startup for help in creating maps of the wind.
Chip crunch may last through 2022, Toyota supplier Rohm warns
"All of our production facilities have been running at their full capacity since September last year, but orders from customers are overwhelming,” the firm's CEO said this week.
Tech giants that host a growing mass of bank, insurance and market operations on their vast cloud internet platforms are keeping watchdogs awake at night.
Nintendo’s yearslong wait for blue-chip status may soon be over
The stock has been excluded so far due to concerns over the potential impact on the average of Nintendo’s large share price.
SoftBank-backed Karrot becomes $2.7 billion South Korean unicorn
Asia’s fourth-largest economy is breaking away from family-controlled conglomerates and minting self-made billionaires faster than ever.
Ex-regulators earn $460,000 to help firms decode China crackdown
Companies are scouring ministries and regulators for officials willing to cross over and help them navigate the moves that have upended some of the nation’s most high-profile firms.
Startups from Japan and Israel to team up to make oxygen on moon
The potential technology could make possible long-term lunar missions independent of Earth in the future.
Masayoshi Son to make personal investments with SoftBank’s Vision Fund
Business leaders don't usually mix personal interests with corporate responsibilities in order to avoid conflicts of interest, especially when there are public shareholders.
SoftBank’s Arm deal gets more enticing, even as it faces major hurdles
An increase in the value of Nvidia stock has since sent the potential payday for SoftBank above $50 billion, but the firm faces a tough challenge getting the deal past regulators.
Xi Jinping’s capitalist smackdown sparks a $1 trillion reckoning
The tutoring sector crackdown has triggered a growing realization that the old rules of Chinese business no longer apply.