News

Sales of Nintendo’s Wii U console have been weaker than expected, leading to slashed profits

Japan goes robot crazy

Domo arigato, Mr Roboto

Japan eye comics and pop art to ride economic storm

Japan's manga-loving prime minister, Taro Aso, has long touted the importance of "soft power" content such as comics and anime to boost Japan's global diplomatic status.

Sumo under siege

As a stable master awaits trial for the death of a young apprentice he allegedly ordered to be beaten, David McNeill talks exclusively to the sport's first European champion about the scandals that plague it

Japan economy shrinks at fastest rate in 35 years

Strangled by the collapse in global export demand, Japan's economy shrank at its fastest rate in 35 years in the fourth quarter and shows no signs of reversing course anytime soon.

Pioneer to slash 10,000 more jobs

Electronics giant Pioneer today warned of UK job losses under plans to slash 10,000 roles globally as it suffers widening losses.

Nissan to slash 20,000 jobs worldwide

Nissan is cutting 20,000 jobs, or 8.5 per cent of its global work force, to cope with what Japan's third-largest automaker expects will be its first full year loss in nine years.

The bedding supplier, a fake currency and '£1bn scam'

What investors received from a Japanese businessman, according to police, was hot air and not a lot else.

Japan's Panasonic to cut 15,000 jobs worldwide

Panasonic Corp. said today it will slash 15,000 jobs and shut down 27 plants worldwide to cope with plunging demand for its TVs, semiconductors and other electronics products.

Profits tumble as Honda heads into long UK break

Workers at the UK factory of Japanese motor giant Honda will make the last cars for four months today because of an extended shutdown caused by the slump in sales.

Nomura posts ¥ 343bn loss

Nomura, the Japanese investment bank that has crowed about avoiding damage from the financial crisis, has unveiled a record 343bn yen (£2.7bn) quarterly net loss as it was hit by exposure to Iceland, Bernard Madoff and the cost of its Lehman Brothers acquisition.

Toyota to halt production in Japan for 11 days

Toyota will halt production at its Japanese plants for 11 days in February and March after a sharp fall in US sales.

Toyota slashes profit forecast

Toyota slashed its fiscal year profit forecast today. It is barely breaking even at 50 billion yen ($555 million) as Japan's top automaker gets hammered by plunging global demand and a surging yen.

Japan's lesson to the world: Don't fiddle while the economy burns – take action now

The Bank of Japan is to inject cash directly into the world's second biggest economy in the latest attempt to revive it.

Cut-free zone: a company to copy in a slump

Paul Rodgers reports from Tokyo on why it's all systems go at Canon because it didn't chase growth

Jeremy Warner: IMF must not be too hard on developing world

Outlook: After 10 years of doing little, other than produce worthy reports and forecasts, the IMF finds itself back in business playing the role for which it was created – to act as lender of last resort to distressed countries. Already, outline packages have been announced for three countries – Iceland, Ukraine and Hungary. It is certain there will be many more emergency calls for international rescue before the crisis plays out.

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Rio Ferdinand, Alan Shearer, Alan Hansen and Gary Lineker during Hansen's final broadcast
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Sheeran arrives at the 56th annual Grammy Awards earlier this year
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AKB48 perform during one of their daily concerts at Tokyo’s Akihabara theatre
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Ian Thorpe has thanked his supporters after the athlete said in an interview that he is gay
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The headstone of jazz great Miles Davis at Woodlawn Cemetery in New York
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Germany win the 2014 World Cup in Brazil
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Weekend's 'supermoon' in pictures

The moon appeared bigger and brighter at the weekend
Iraq crisis: How Saudi Arabia helped Isis take over the north of the country

How Saudi Arabia helped Isis take over northern Iraq

A speech by an ex-MI6 boss hints at a plan going back over a decade. In some areas, being Shia is akin to being a Jew in Nazi Germany, says Patrick Cockburn
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First Gollum, then King Kong - now the actor is swinging through the trees in Dawn of the Planet of the Apes
You thought 'Benefits Street' was controversial: Follow-up documentary 'Immigrant Street' has got locals worried

You thought 'Benefits Street' was controversial...

Follow-up documentary 'Immigrant Street' has got locals worried
Refugee children from Central America let down by Washington's high ideals

Refugee children let down by Washington's high ideals

Democrats and Republicans refuse to set aside their differences to cope with the influx of desperate Central Americas, says Rupert Cornwell
Children's books are too white, says Laureate

Children's books are too white, says Laureate

Malorie Blackman appeals for a better ethnic mix of authors and characters and the illustrator Quentin Blake comes to the rescue
Blackest is the new black: Scientists have developed a material so dark that you can't see it...

Blackest is the new black

Scientists have developed a material so dark that you can't see it...
Matthew Barzun: America's diplomatic dude

Matthew Barzun: America's diplomatic dude

The US Ambassador to London holds 'jeans and beer' gigs at his official residence – it's all part of the job, he tells Chris Green
Meet the Quantified Selfers: From heart rates to happiness, there is little this fast-growing, self-tracking community won't monitor

Meet the 'Quantified Selfers'

From heart rates to happiness, there is little this fast-growing, self-tracking community won't monitor
Madani Younis: Five-star reviews are just the opening act for British theatre's first non-white artistic director

Five-star reviews are just the opening act for British theatre's first non-white artistic director

Madani Younis wants the neighbourhood to follow his work as closely as his audiences do
Mrs Brown and her boys: are they having a laugh?

Mrs Brown and her boys: are they having a laugh?

When it comes to national stereotyping, the Irish – among others – know it can pay to play up to outsiders' expectations, says DJ Taylor