River Akira Davis's profile photo

River Akira Davis

Tokyo

Business and Economics Correspondent at The New York Times

Correspondent @nytimes covering Japan business, economy and society. Previously @WSJ and @business. DM for Signal/WhatsApp/Line.

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Articles

  • 5 days ago | thestar.com.my | River Akira Davis |Kiuko Notoya

    WHEN Osaka first hosted the World Expo in 1970, a quarter-century after World War II, Japan’s economy was newly affluent and expanding so rapidly that it was hailed as an economic miracle. The Expo broadcast that momentum to the world. It was the first World Expo – a tradition dating to 1851 where countries gather to show off their cultures and achievements – to be held in Asia. Already a subscriber? Log in. Subscribe now and receive free sooka plan for 1 month. T&C applies.

  • 5 days ago | nytimes.com | River Akira Davis

    Japanese tech giant Panasonic is planning to pare troubled business lines and its work force by thousands as it aims to reorient itself for a technological era no longer dominated by its traditional electronics. In a statement on Friday, Panasonic said that it would cut about 10,000 jobs globally, primarily within the fiscal year that started in April.

  • 6 days ago | nytimes.com | River Akira Davis

    The automaker's somber forecast for the fiscal year underscored how quickly fortunes have turned for many companies reckoning with President Trump's tariffs. A year ago, the world's biggest automaker was on a tear. American consumers were snapping up Toyota Motor's hybrids, and a weak yen inflated the value of the company's earnings. That May, Toyota reported the highest annual profit ever recorded by a Japanese firm.

  • 1 week ago | nytimes.com | River Akira Davis |Selam Gebrekidan |Grace Moon

    After a plane overshot a runway in South Korea, killing 179 people, a Times analysis found that global standards that help minimize fatalities are inconsistently followed. Jeju Air Flight 2216 did not have to end in such a catastrophe. Early on Dec. 29, a clear Sunday morning, the Boeing 737-800 made an emergency landing on its belly at South Korea's Muan International Airport. The aircraft skidded past the end of the runway, smashed into a concrete structure and burst into flames.

  • 3 weeks ago | japantimes.co.jp | River Akira Davis

    As Washington and Beijing wage an intensifying trade war, Japan is caught in the middle of the fight. Japan sells a large amount of cars to the United States, and computer chips and chipmaking equipment to China. For the past two decades, the United States and China have alternated as the top destination for Japanese exports. No other country comes close.

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