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☆ Japan stock futures mixed as election brings political uncertainty; yen tumbles
▼ + stars: | 2024-10-28 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

TOPSHOT - Officials look on as people vote during the general election at a polling station set up at a local school in Tokyo on October 27, 2024. Japan voted on October 27 in its tightest election in years, with new Prime Minister Shigeru Ishiba and his juggernaut Liberal Democratic Party facing potentially their worst result since 2009. (Photo by Richard A. Brooks / AFP) (Photo by RICHARD A. BROOKS/AFP via Getty Images)Futures for Japan's benchmark Nikkei 225 were mixed Monday after the country saw the ruling Liberal Democratic Party lose its majority in Japan's lower house following elections on Sunday. Public broadcaster NHK has projected the ruling bloc would secure 214 seats, with just one of the total 465 seats undeclared. The opposition Constitutional Democratic Party and the Democratic Party for the People have made significant gains in this election.

Persons: Shigeru Ishiba, Richard A, Brooks, RICHARD A, BROOKS Organizations: Liberal Democratic Party, Getty, Nikkei, Sunday, Public, NHK, Constitutional Democratic Party, Democratic Party for Locations: Tokyo, Japan, AFP, Chicago, Osaka

☆ The CEO of optics giant Olympus has resigned after accusations he bought illegal drugs, sending its shares plummeting
▼ + stars: | 2024-10-28 | by ( Nora Redmond | ) www.businessinsider.com time to read: +3 min

The CEO of optics giant Olympus has resigned after it was alleged that he had bought illegal drugs. Stefan Kaufmann's departure as CEO pushed the company's shares almost 6% lower Monday. AdvertisementOlympus Corporation's CEO, Stefan Kaufmann, has exited the optics giant following allegations he purchased illegal drugs. It said that based on the results, Kaufmann had likely acted inconsistently with Olympus' global code of conduct, core values, and corporate culture. Business Insider was unable to reach Stefan Kaufmann for comment.

Persons: Stefan Kaufmann's, —, Stefan Kaufmann, Kaufmann, Yasuo Takeuchi, Julie Hamp Organizations: Olympus, Service, Tokyo Stock Exchange, Police, Kyodo, Toyota Motor Corporation Locations: Tokyo, Japan

It’s still unclear if his ruling coalition with the junior partner Komeito can retain a majority. Ishiba has set a goal of retaining a majority of 233 seats for the ruling coalition between the LDP and its Buddhist-backed Komeito. But analysts say Ishiba’s LDP was expected to remain the top party in Japan’s parliament as voters are skeptical about the opposition’s ability and inexperience. There could be regrouping attempts among opposition parties to decide whether to cooperate among themselves or join the ruling coalition, political watchers say. Ishiba is expected to last at least until the ruling bloc approves key budget plans at the end of December.

Persons: Shigeru Ishiba’s, It’s, Komeito, can’t, Ishiba, Fumio Kishida, “, ”, Yoshihiko Noda, Noda, won’t, Izuru Makihara, ” Makihara, Shinzo Abe, Rintaro Nishimura, Abe Organizations: NHK, Ishiba’s Liberal Democratic Party, Liberal Democratic Party, LDP, Constitutional Democratic Party of Japan, University of Tokyo, The Asia Group, Democratic Party of, Japan Innovation Party Locations: Tokyo, Japan, Japan’s

☆ Japan votes in election expected to punish PM Ishiba's coalition
▼ + stars: | 2024-10-27 | by ( ) www.cnbc.com time to read: +2 min

TOPSHOT - Officials look on as people vote during the general election at a polling station set up at a local school in Tokyo on October 27, 2024. Japan voted on October 27 in its tightest election in years, with new Prime Minister Shigeru Ishiba and his juggernaut Liberal Democratic Party facing potentially their worst result since 2009. (Photo by Richard A. Brooks / AFP) (Photo by RICHARD A. BROOKS/AFP via Getty Images)Japan's voters decide the fate of Prime Minister Shigeru Ishiba's government on Sunday in an election expected to punish his coalition over a funding scandal and inflation, potentially ending a decade of dominance for his Liberal Democratic Party. Political wrangling could roil markets and be a headache for the Bank of Japan, if Ishiba chooses a partner that favours maintaining near-zero interest rates when the central bank wants to gradually raise them. "That's basically the scenario for 'sell Japan'," as investors ponder how the outcome could affect fiscal and monetary policy, said Naka Matsuzawa, chief macro strategist at Nomura Securities.

Persons: Shigeru Ishiba, Richard A, Brooks, RICHARD A, BROOKS, Shigeru Ishiba's, Komeito, Ishiba, Jeffrey Hall, That's, Naka Matsuzawa Organizations: Liberal Democratic Party, Getty, LDP, Bank of Japan, Kanda University of International Studies, Asahi, Nomura Securities, Constitutional Democratic Party of Japan Locations: Tokyo, Japan, AFP, China

“It makes me excited as one citizen of the nation, too, more than for usual elections,” she said. Going into the election, the Liberal Democrats still commanded the highest level of support, with just over 31 percent of voters endorsing the party in a poll by NHK, the public broadcaster. The Constitutional Democrats received support from less than 10 percent of voters surveyed. Seven disparate opposition parties came together to form a government, but it collapsed within just 11 months. In 2009, the Democratic Party of Japan won in a landslide victory as voters sought to punish the Liberal Democrats for failing to resuscitate the moribund economy.

Persons: ”, Masako Tanaka, Ishiba, “, — Organizations: Liberal Democratic, Constitutional Democrats, Nihon, Liberal Democrats, NHK, Democratic Party of Japan Locations: Tokyo

☆ Maurizio Cattelan’s viral banana artwork ‘Comedian’ could now be worth $1.5 million
▼ + stars: | 2024-10-25 | by ( Oscar Holland | ) edition.cnn.com time to read: +4 min

But artist Maurizio Cattelan’s viral creation, titled “Comedian,” may yet prove a sound investment: On Friday, auction house Sotheby’s announced that one of the artwork’s three “editions” is going back on sale — this time with an estimate of $1 million to $1.5 million. “‘Comedian’ is a conceptual artwork, and the actual physical materials are replaced with every installation,” an auction spokesperson said via email. The Miami installation was eventually removed amid public safety concerns, but all three editions were sold at the fair. In interviews given since the Miami installation, Cattelan has described “Comedian” as a work of commentary. An installation shot of "Comedian" released by Sotheby's auction house ahead of the sale.

Persons: Maurizio Cattelan’s, ”, Sotheby’s, “, ’, Marcel Duchamp’s, David Datuna, David Galperin, ” Galperin Organizations: CNN, Art Basel Miami Beach, Guggenheim, Art Newspaper, Leeum Museum of Art, Seoul National University Locations: Miami, New York, Americas, Seoul, South Korea, York, London, Paris, Milan, Hong Kong, Dubai, Taipei, Tokyo, Los Angeles

☆ Asia-Pacific markets mixed ahead of Japan elections; Tokyo inflation slows
▼ + stars: | 2024-10-25 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets were mixed on Friday, with investors awaiting Japan's general election over the weekend. Japan also released its October inflation numbers for the capital city of Tokyo on Friday, its last key economic data before the election. Tokyo's inflation is widely considered a leading indicator of nationwide trends. The city's headline inflation rate fell to 1.8% in October from 2.2% the month before, with core inflation — which strips out prices of fresh food — also coming in at 1.8%, down from 2%. Economists polled by Reuters had forecast the core inflation rate in Tokyo to slow to 1.7% in October.

Persons: Japan's Organizations: Reuters Locations: Asia, Pacific, Japan, Tokyo

☆ Breakfast with Ohtani: In Japan, watching this World Series may be the national pastime
▼ + stars: | 2024-10-25 | by ( Rustin Dodd | ) www.nytimes.com time to read: +14 min

At World Series Media Day on Thursday, no one was a bigger draw than Ohtani. Ninomiya, 59, grew up in the city of Oita, obsessing over books about Japanese baseball history. The comings and goings of Mamiko Tanaka and Ohtani are regular fodder for Japanese morning shows. In Japan, Ohtani is the face of countless advertising campaigns. Ohtani’s presence — along with starting pitcher Yoshinobu Yamamoto — could help the Japanese World Series audience approach those heights.

Persons: Shohei Ohtani, Tatsuo Shinke, Ohtani, Shinke, Emiko, ” Shinke, “, She’s, Katharine Lotze, Michael Jordan, David Beckham, doesn’t, ”, Robert Whiting, —, Rahm Emanuel, Chicago ”, Jordan, ” Emanuel, Whiting, Hideo Nomo, Ichiro Suzuki, Hideki Matsui, Nomo, Japan — Whiting, Suzuki, Yu Darvish, Tomoki Negishi, I’ve, ” Negishi, Masanori, Negishi, I’m, Chen Liang, Ninomiya, ” Ninomiya, ” Ohtani, Ippei Mizuhara, Mizuhara, It’s, Mamiko Tanaka, Stringer, Hiroshi Kitamura, William & Mary, Aaron, Judge, Fernando, Tatis, Ronald, Acuna, Foster Griffin, Griffin, ” Griffin, Ryan Yamazaki, Bobby Valentine, Yoshinobu Yamamoto —, Rob Manfred, “ Smart, ” Yamazaki, Shigeru Ishiba, Machiko Kondo, Kondo, Ichiro, ” Whiting, she’s, Andy McCullough, Sam Blum, Dan Goldfarb, Jayne Kamin Organizations: Mint, Major League Baseball, Los Angeles Dodgers, Ohtani’s Dodgers, New York Yankees, Los Angeles Angels, Dodgers, Padres, National League, Nikkei, Yankees, Asahi Shimbun, Japan’s Pacific League, Ninomiya, UCLA, NHK, Hokkaido, Ham Fighters, Angels, MLB, Pacific, William &, Kansas City Royals, Yomiuri Giants, Mets, Chiba Lotte Marines, Baseball, WBC, Chicago Cubs, San Diego Padres, Athletic, Fuji, United Nations Locations: Japan, Tokyo, Ohtani, United States, America, American, U.S, Chicago, —, Ōta, Oita, ”, Hokkaido Nippon, Osaka, Fukuoka, Sapporo, South Korea

A report from travel news site Skift shows that seven major airlines have retreated from the country in the past four months. Longer flights require more fuel, which make flights more expensive. "Indeed U.S. carriers are making hard but very commercial decisions to drop Chinese services and redeploy the aircraft elsewhere," he said. China airlines' struggleLow demand has also plagued domestic airlines in China. Collectively, Chinese airlines have increased capacity to Europe, compared to pre-pandemic, even though the market and trade flows were much stronger then, said Grant.

Persons: Nicola Economou, John Grant, Grant, It's, Finnair, bauer, haven't Organizations: FIA, FI, British Airlines, Qantas, Nurphoto, Getty, Virgin Atlantic, Scandinavian Airlines, Boeing, OAG, EU, Aaronp, Cape Town, U.S, CNBC, Air China Locations: China, Asia, Hong Kong, Ukraine, United Kingdom, Russia, — Tokyo, Shanghai, Seoul, Bangkok, Delhi, Singapore, Thailand, Beijing, Cape, Sydney, Australia's, Melbourne, Brisbane, Perth, Hong Kong . U.S, Russian, U.S, Europe, Frankfurt

☆ Little possibility that opposition parties will take power in Japan, professor says
▼ + stars: | 2024-10-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLittle possibility that opposition parties will take power in Japan, professor saysYu Uchiyama, professor of political science at the University of Tokyo, discusses Japan's general elections.

Persons: Yu Uchiyama Organizations: University of Tokyo Locations: Japan

☆ Yen wobbles, vulnerable to political reverberations
▼ + stars: | 2024-10-25 | by ( ) www.cnbc.com time to read: +4 min

Japanese yen banknotes of various denominations are arranged for a photograph in Tokyo, Japan, on July 22, 2015. The yen was last 0.1% lower at 152 per dollar and was looking at a 1.5% loss for the week. The yen has fallen roughly 5.5% for the month thus far, setting it up for its worst monthly decline since April 2022. Against the dollar, the euro last bought $1.08225, some distance away from its low of $1.076125 hit earlier this week. The dollar index last ticked up 0.04% to 104.09, after having scaled a roughly three-month high of 104.57 earlier in the week.

Persons: Ray Attrill, Katsunobu Kato, Janet Yellen, Donald Trump, Nick Rees, Sterling Organizations: of Japan's, Treasury, Liberal Democratic Party, LDP, National Australia Bank, country's Finance, FX, Monex, New Zealand Locations: Tokyo, Japan, Japanese, Germany —

☆ This man left the US to visit Japan for six months. 32 years later, he’s still there
▼ + stars: | 2024-10-24 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +13 min

“I didn’t know anything about Japan,” Prucha tells CNN Travel via Zoom. He left San Francisco and set off for Japan the following year, bringing very little with him. “I’ve always loved craft beer,” he says. “And when I saw Japan was starting to take baby steps towards embracing craft beer. Courtesy Dave PruchaWhile he loves his life in Japan, Prucha admits that there are some things about the US that he still craves.

Persons: Dave Prucha, he’d, ” Prucha, Prucha, “, ’ ”, ”, “ I’ve, he’d “, I’ll, Dave, you’re, Dave Prucha “, I’ve, ” “, –, ‘ It’s, “ We’re, they’re, it’s Organizations: CNN, San Francisco State University, Kyodo, “, Obina, Japan Locations: Japan, California, American, Tokyo, San Francisco, Yamanashi Prefecture, ”, Japan’s Yamanashi Prefecture, China, Yamanashi

☆ Why is the Japanese yen hovering near three-month lows against the dollar
▼ + stars: | 2024-10-24 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

A queue of people forms outside a money changer (L) as people wait to buy and sell the Japanese yen against foreign currency, along a street in central Tokyo on April 29, 2024. In the past, weakness in the Japanese currency has been attributed to the difference between the U.S. and Japanese interest rates as lower rates tend to pressure currencies, while higher rates lift them up. Japan had negative rates for about eight years, keeping it's currency weak compared to the dollar. The Japanese yen is hovering near three-month lows against the U.S. dollar, after hitting 153.18 late Wednesday. "The annualised 1-month deposit rate for yen is +0.03%, while it is 4.76% for the U.S. dollar.

Persons: Alvin Tan, Homin Lee, Lombard Odier, Donald Trump, Lee, RBC's Tan, Hugh Chung Organizations: Federal, Bank of Japan, U.S, U.S ., Asia FX, RBC Capital Markets, CNBC Locations: Tokyo, Japan, Asia, Swiss, U.S

☆ The world’s best bars for 2024 announced
▼ + stars: | 2024-10-23 | by ( Lilit Marcus | ) edition.cnn.com time to read: +4 min

CNN —A two-level speakeasy in Mexico City’s hip Colonia Juarez neighborhood has been proclaimed the world’s best bar. Handshake Speakeasy clinched the title last night in Madrid, where a splashy awards ceremony was held by the World’s 50 Best association. The World’s 50 Best voters are a mix of industry professionals, including bartenders and food and drink writers. Named after a classic Japanese hairstyle, it was ranked the Best Bar in the Middle East and Africa this year. I also know it’s impossible to have everyone deserving of a place, mentioned on this list, so just keep doing the great things you are doing!”The world’s 50 best bars for 2024

Persons: Speakeasy, Hong Kong’s, ”, Barcelona’s, Singapore’s, Mimi Kakushi, Iain McPherson, Edinburgh’s, . McPherson, “ Congrats Organizations: CNN, El, Pony, Travelers, Mexico City, ., Scotland Locations: Mexico, Colonia Juarez, Madrid, Hong Kong’s Italian, Asia, London, Athens, Tokyo, Sydney, Lima, Shinjuku, Singapore, Rosewood, Connaught, Mayfair, Dubai, East, Africa, New York City, Buenos Aires

☆ Cure for America's High Real Estate Prices: Build More Weird Homes
▼ + stars: | 2024-10-23 | by ( Ned Resnikoff | ) www.businessinsider.com time to read: +12 min

Take Los Angeles, where about three-quarters of residential-zoned land in 2021 was zoned exclusively for developing single-family housing. This country needs to build more homes, but there's no reason all those new homes need to look the same. Tokyo has homes in all shapes and sizes: detached single-family homes, attached row houses, small apartment buildings, midsize apartment buildings, and colossal residential high-rises. Allow apartment buildings with one staircase: Making it legal to build more apartment buildings with only one staircase would substantially reduce construction costs and allow for apartment buildings to be built on smaller lots. People who really like single-family homes should still have access to single-family homes.

Persons: —, we'll, homebuilders, Stephen Smith Organizations: sameness, Center for, The New York Times Locations: United States, Levittown , New York, Los Angeles, Connecticut, Levittown, Tokyo, American, Japan, North America

☆ Asia stocks mostly rise after Wall Street rally stalls; Tokyo Metro shares soar on debut
▼ + stars: | 2024-10-23 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Pokemon game characters of Japanese video game manufacturer Nintendo are on display on a subway train car in Tokyo, Japan. Asia-Pacific markets mostly rose Tuesday, breaking ranks with major Wall Street benchmarks, while Japanese subway operator Tokyo Metro's stellar market debut boosted investor optimism. The company, one of Japan's leading subway operators and the largest in Tokyo, raised 348.6 billion yen in its initial public offering, the largest IPO in Japan since 2018. The IPO was reportedly 15 times oversubscribed and priced at the top end of its pricing band, offering shares at 1,200 yen apiece. The overall consumer inflation rose 2% from the previous year, compared with the expected 1.9%.

Organizations: Nintendo, Tokyo Metro, Reuters Locations: Tokyo, Japan, Asia, Pacific

☆ How millionaire bankers actually work, according to a former trader
▼ + stars: | 2024-10-22 | by ( Kevin Reilly | ) www.businessinsider.com time to read: 1 min

Gary Stevenson, the author of "The Trading Game," spent his early 20s trading trillions of dollars for Citibank in London and Tokyo. He talks to Business Insider about office culture in Canary Wharf, London; the bosses; and the bonuses. He covers the mindset of profitable bankers, their daily routine, and what leaving the job was like. Now, Gary teaches economics through his YouTube channel, Garyseconomics. For more:"The Trading Game" — US publication"The Trading Game" — UK publicationGary's YouTube channel

Persons: Gary Stevenson, Gary, Gary's Organizations: Citibank, Business, YouTube, BI Locations: London, Tokyo, Canary Wharf , London

☆ A US F-35 stealth fighter just landed on a destroyer Japan turned into an aircraft carrier for the first time off the California coast
▼ + stars: | 2024-10-21 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

The US landed an F-35 stealth fighter on Japan's new aircraft carrier for the first time. US and Japanese forces are integrating the short-takeoff/vertical landing F-35B onto the JS Kaga. AdvertisementA US F-35 stealth fighter jet landed aboard Japan's new destroyer-turned-aircraft carrier for the first time off the coast of California, the US military said, sharing photos of the event. Japan's Izumo-class JS Kaga recently converted into a light aircraft carrier. Kaga's successful modification also paves the way for another Japanese helicopter carrier, JS Izumo, to be converted into an aircraft carrier.

Persons: Kaga, —, Cmdr, Darin Russell, Lockheed Martin, Japan's JS Kaga, Shusaku Takeuchi, Darin Russell Japan Organizations: US, Service, US Marine Corps, British Royal Navy, Air, Naval Air Base, Lockheed, ITF, Self, Defense Force, Force, JS Izumo, - Defense Force, US Navy, East China Locations: California, Naval Air Base Patuxent, Maryland, San Diego , California, Japan, San Diego, Bataan, Red, China, South, East, Tokyo, Australia

☆ Asia-Pacific markets mixed as investors await China loan prime rate announcement
▼ + stars: | 2024-10-21 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

The central bank of the People's Republic of China is responsible for formulating and implementing monetary policies, preventing and defusing financial risks and maintaining financial stability. Asia-Pacific markets were mixed Monday as traders awaited China's loan prime rate announcement, with focus also on Japan's general election at the end of this week. China's central bank is expected to cut the one-year and five-year LPRs by 20 basis points, according to a note by ING and echoing the statement made by People's Bank of China Governor Pan Gongsheng on Friday. "Data aside, it is worth monitoring if there are potential further government ministry briefings or a potential announcement of the timing for the National People's Congress meeting in the week ahead, as stimulus rollout remains a major theme for markets," ING said. Other key economic data this week will include October inflation figures for Japan's capital city of Tokyo, as well as advance third-quarter GDP figures from South Korea.

Persons: Pan Gongsheng Organizations: ING, People's Bank of China, National People's Locations: People's Republic of China, Asia, Pacific, Tokyo, South Korea

☆ Airport introduces time limit on hugs
▼ + stars: | 2024-10-19 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. CNN —In travel news this week: the Chinese pets earning “snack money” in cafés, a European capital that’s had enough of “drunk” tourists, and the New Zealand airport that’s curtailing caresses. Dunedin Airport CEO Daniel De Bono weighed in on the topic in an interview with New Zealand’s RNZ radio. Tradition is also important in this century-old “masterpiece café” cafe in Tokyo which discourages socializing and forbids mobile phones. In case you missed itThis airport landing is so difficult only 50 pilots can do it.

Persons: that’s, fonder, Daniel De Bono, De Bono, “, ”, Mario, Donkey Kong, Lindz, she’d, Scot, they’ll, it’s Organizations: CNN, New, Dunedin Airport, Nintendo Museum, Egyptian, Universal Orlando, New Yorker Locations: cafés, New Zealand, Dunedin, Tokyo, China, Hell, Pamukkale, Turkey, Darvaza, Turkmenistan, Uji, Kyoto, Japan, New, Spain

Disney parks are adding a top-tier, line-skipping upgrade with a whole new world of pricing: as much as $449 per person on top of park admission, Walt Disney Co. said Wednesday. The two existing Lightning Lane passes require holders to commit to estimated time windows for specific attractions. Tokyo Disney Resort's Premier Access passes work like the Lightning Lane Multi Pass. Disney World tickets start at $119 for single-day admission and are $104 for one of the Disneyland Resort parks, according to the park websites. The Premier Pass pilot program is among Disney Parks' priciest upgrades or ticket packages.

Persons: Lightning Organizations: Disney, Walt Disney Co, Lightning, Walt Disney, Disneyland, Disney Parks, Paris, Premier, Tokyo Disney Resort's, Universal Express, Universal Destinations, Universal Studios Hollywood, NBC, Universal, Comcast, Walt Disney Company, CNBC Locations: Anaheim , California, Lake Buena Vista , Florida, Florida, Tokyo

☆ Asia-Pacific markets open higher as Dow reaches new highs; Japan trade misses
▼ + stars: | 2024-10-17 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

A flag of Japan flies near cargo containers at Tokyo's Odaiba Waterfront on August 6, 2020. Asia-Pacific markets opened higher on Tuesday, following gains on Wall Street that saw the Dow Jones Industrial Average reach a record close amid a strong start to the earnings season. Japan's exports fell 1.7% in September compared to the same period last year, surprising economists polled by Reuters who expected a 0.5% growth rate. It's the first time that exports contracted this year and was down sharply from a revised growth rate of 5.5% in August. September's import growth came in at 2.1% also missing expectations of economists who expected growth of 3.2%.

Persons: Topix Organizations: Dow Jones, Investors, Nikkei, Reuters Locations: Japan, Asia, Pacific, Australia

☆ Victoria’s Secret Fashion Show returns: Here’s what you need to know
▼ + stars: | 2024-10-16 | by ( Tara John | ) edition.cnn.com time to read: +14 min

Kate Moss, 50, makes her Victoria's Secret Fashion Show debut. Kate Moss, who turned 50 in January, made her Victoria’s Secret Fashion Show debut, with her daughter Lila also modeling. Taylor Hill/WireImage/Getty ImagesShe said that Victoria’s Secret was listening to their customers, who wanted the show to return. Ashley Graham walks the runway for the Victoria's Secret Fashion Show 2024. Dimitrios Kambouris/Getty ImagesBlackpink's Lisa performs during the Victoria's Secret Fashion Show 2024.

Persons: Lisa, Blackpink, Gigi Hadid, Barbie, Hadid, Brown, Kate Moss, Dimitrios Kambouris, Adriana Lima —, —, Bella Hadid, Alex Consani, Paloma Elsesser, Lila, Cher, Roxanne Robinson, ” Cher, Evan Agostini, Destiny’s Child, Justin Timberlake, Kanye, Barbara Palvin, Yasmin Wijnaldum, Winnie Harlow, Kendall Jenner, Alexina Graham, Naomi Campbell, Quannah, Megan Rapinoe, Priyanka Chopra Jonas, “, ”, Chantal Fernandez, Lauren Sherman, Victoria’s, Sarah Sylvester, Critics, Janie Schaffer, Liu Wen, Taylor, Victoria’s Secret’s, Tyra Banks, Law Roach, Banks, Angela Weiss, Ashley Graham —, ’ ”, ” Adriana Lima, Roy Raymond, Leslie Wexner, Reagan, ” Sherman, ” Fernandez, Heidi Klum, Gisele Bundchen, Stephen Cherrnin, Sherman, Sharleen, Brands ’, Ed Razek “, Razek, Wexner, Vogue, didn’t, Lily Aldrige, Karlie Kloss, Jeffrey Epstein, Epstein, Ashley Graham, Blackpink's Lisa Organizations: New, New York CNN, PETA, CNN, Brands, Getty, Brooklyn Navy, AP Locations: New York, Brooklyn, White, Lagos, Bogotá, London, Tokyo, American

☆ The solid-state batteries hype is fading – prompting auto giants to consider alternatives
▼ + stars: | 2024-10-16 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

Solid-state batteries have long been billed as the "holy grail" of sustainable driving. As the name suggests, solid-state batteries contain a solid electrolyte, made from materials such as ceramics. Automakers have invested billions of dollars in solid-state battery research and teamed up with developers to produce their own versions for mass production. Tomohiro Ohsumi | Getty Images News | Getty ImagesJapan's Toyota, for instance, has said it is aiming to bring solid-state batteries into mass production between 2027 and 2028. Yet, despite growing hype over the potential rollout of solid-state batteries, analysts remain skeptical about when they will actually make it to market.

Persons: Tomohiro Ohsumi, Japan's Nissan, Germany's Mercedes, Max Reid, Wood Mackenzie, Reid, Wood Mackenzie's Reid, Julia Poliscanova, Poliscanova, Nio, Ganfeng, Environment's Poliscanova Organizations: Afp, Getty, Toyota Motor Corp, Benz Group, Stellantis, Hyundai, Kia, Environmental Defense Fund, CNBC, Transport, Environment, Paris, Show, Qingtao Energy Locations: Nanjing, China's, Jiangsu, PARIS, France, Tokyo, Japan, U.S, China

☆ I bought a $54,000 abandoned house in Japan and turned it into a luxury Airbnb—take a look inside
▼ + stars: | 2024-10-16 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +6 min

Death rates have surpassed birth rates in Japan, contributing to abandoned properties. "Like to create something really, really good that you're very proud of — it just makes me very happy." The property still had belongings of its previous residents, a common occurrence among abandoned properties in Japan. Courtesy of Anton Wormann. Courtesy of Anton Wormann

Persons: Anton Wormann, Anton Wormann Anton Wormann, Wormann, —, Japan's, Tokyo akiya, Anton Wormann's akiya Organizations: CNBC, Tokyo, Wormann Locations: Japan, Sweden, Paris, London, Milan, New York, Tokyo

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