The Circuit Hosted by high-profile journalist Emily Chang, The Circuit is a fast-paced, dynamic series that lives at the intersection of culture, tech, entertainment, and business. Every week, Chang will go on location to meet the world’s most fascinating founders, influencers, and innovators, conducting intimate interviews and bringing audiences behind the scenes of the most … Read more
I’m Enda Curran, senior economics reporter in Washington, and today we’re looking at the implications of US economic exceptionalism. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here. Plentiful jobs, confident consumers, sustained … Read more
Image: Nintendo According to new data from Toyo Keizai, an economics magazine company based in Tokyo, Japan, Nintendo is currently the richest company in the country. As spotted by Install Base forums and X user Pierre485, Nintendo currently boasts a cash and cash equivalent value of roughly $11.44 billion when converted from Japanese yen. According … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on January 31, 2024 in New York City. Michael M. Santiago | Getty Images The so-called “Magnificent 7” now wields greater financial might than almost every other major country in the world, according to new Deutsche Bank research. The meteoric rise … Read more
SINGAPORE–Asian equities rose on Thursday, powered by chip stocks, with the Nikkei breaching a new 34-year peak, while the dollar took a breather near a three-month high as markets assess when the Federal Reserve is likely to start its easing cycle. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.7%, with the IT index … Read more
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The Navy removed the commanding officer of the Japan-based destroyer Howard on Tuesday – less than six months after relieving the previous skipper of the ship. In a brief statement, the Navy said it ousted Cmdr. Cameron Dennis, who became the commanding officer of the warship in September, due to a “loss of confidence in … Read more
BEIJING–Many Chinese are venting their frustration at the slowing economy and the weak stock market in an unconventional place: the social media account of the U.S. Embassy in Beijing. A post on Friday on protecting wild giraffes by the U.S. embassy on Weibo, a Chinese platform similar to X, has attracted 130,000 comments and 15,000 … Read more
Image: Pocketpair The survival crafting game and overnight sensation Palworld has now successfully established itself with over 19 million players globally, but it seems there are still some concerns about this new monster game in Pokémon’s homeland, Japan. After The Pokémon Company released an official statement last week about this new early-access title, Japanese entertainment … Read more
TOKYO (AP) — Crowned Miss Japan this week, Ukrainian-born Carolina Shiino cried with joy, thankful for the recognition of her identity as Japanese. But her Caucasian look rekindled an old question in a country where many people value homogeneity and conformity: What does it mean to be Japanese? Shiino has lived in Japan since moving … Read more
TOKYO (AP) — Asian shares were mostly lower on Friday despite upbeat news on the U.S. economy, with Japan’s benchmark falling after the latest data showed inflation has been slowing faster than expected. Tokyo’s Nikkei 225 declined 1.1% to 35,847.71 in morning trading as a key measure of inflation showed it slowed faster than expected … Read more