Fully sealed units are stacked on top of each other at Plantx's vertical-farming facility in Tokyo's Koto Ward on Wednesday.
BUSINESS / Companies
Jul 9, 2026
World’s first fully sealed vertical-farming facility opens in Tokyo
At Plantx’s facility, light, air and water are controlled in each unit allowing the system to tailor the nutritional values and sugar content of agricultural products.
The Burj Khalifa and downtown skyline in Dubai in 2021. After a yearslong boom, UAE property markets are showing signs of strain and analysts have flagged risks to expatriate inflows and tourism-linked demand if tensions persist.
BUSINESS / Companies
Jul 9, 2026
Gulf-based firms set to reveal toll of Iran war in quarterly earnings
The fortunes of regional economies largely depend on how reliant they are on the Strait of Hormuz that provides the only sea access to the Gulf.
Since their listing in 2024, Kioxia’s shares have surged on runaway demand for AI memory chips.
BUSINESS / Companies
Jul 9, 2026
Bain Capital exits Kioxia after chip deal yields big returns
A global spending spree on AI catapulted Kioxia’s shares more than 4,800% from their debut, transforming the chipmaker into one of Japan’s most valuable companies.
Rapidus plans to sell its advanced 2-nanometer chips at around the same price as those already mass-produced by TSMC, the world's largest chip foundry.
BUSINESS / Companies
Jul 9, 2026
Rapidus to match TSMC on 2-nanometer chip pricing, Japan firm’s president says
The Taiwanese maker’s chips are expected to be sold at around ¥3 million to ¥3.5 million per silicon wafer.
Zentoshin served around 200,000 shops, many of which rely on early payments to maintain cash flow, raising concerns over their financial stability following the disruption.
BUSINESS / Companies
Jul 8, 2026
Japanese payment processor’s collapse hits banks and restaurants
Zentoshin, an Osaka-based credit card payment processor, filed for bankruptcy on Monday.
Human resources platform operator SmartHR had aimed for a valuation of about $1 billion and is working with banks including Daiwa Securities Group, Goldman Sachs Group and Morgan Stanley, sources have said.
BUSINESS / Companies
Jul 8, 2026
KKR-Backed SmartHR is said to delay Tokyo IPO beyond this year
Sources have said timing and valuation could change due to investors’ concerns over the disruptive impacts of the artificial intelligence boom on the software-as-a-service sector.
A fire truck on burnt woodland following a wildfire in Fontjoncouse, France, in August last year
BUSINESS / Companies
Jul 8, 2026
Private equity plays heat detective as climate analytics boom
Frequent record-breaking weather events are creating new threats to earnings, asset valuations and exit outcomes for portfolio companies of the world’s largest funds.

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The Terasaka Rice Terraces are seen with Mount Buko in the background.
What Yokoze can teach Japan about rural revival