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October 06, 2024
 

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BUSINESS

Economy

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There's long been one mantra in mainstream economics: Growth is good. But recently, an alternative term has begun taking root in popular culture and policy: "degrowth."
BUSINESS / Economy
These are boom times for ‘degrowth’
Kohei Saito believes one reason degrowth has had increasing appeal is because "younger generations are not enjoying the fruits of economic growth.”
BUSINESS / Economy
EU tests its mettle to take on China with new EV tariff fight
The EU voted on Friday to boost tariffs as high as 45%, arguing that Beijing provides unfair subsidies to its carmakers.
BUSINESS / Economy
In Bank of Japan chief's birthplace, Ueda's policy puzzle is laid bare
Makinohara's mayor says the Shizuoka Prefecture surf town is not keeping pace with Japan's broader recovery.
Analysts say Warren Buffett may be looking to buy Japanese financial firms and shipping companies.
BUSINESS / Economy
Oct 3, 2024
Buffett may target Japan banks or insurers for next purchase, analysts say
By Momoka Yokoyama
The billionaire’s company this week mandated banks to manage a yen bond sale in the global market, in a sign he may increase holdings in Japan.
Labor union members rally and call for an increase of the average minimum wage in Tokyo in July.
BUSINESS / Economy
Oct 2, 2024
Japan’s new prime minister moots minimum wage moon shot
By Kazuaki Nagata
To achieve Ishiba’s target, increases of over 7% a year would be needed, which economists say would be a challenge.
Prime Minister Shigeru Ishiba speaks during a news conference at the Prime Minister's Office on Tuesday.
BUSINESS / Economy
Oct 2, 2024
Ishiba to focus on fighting inflation ahead of election
He also aims to calm financial markets by signaling a willingness to spend flexibly in the wake of a stock market plunge following his accession in the ruling party.
An electronic stock board displays the 225-issue Nikkei average and the rate of the yen against the U.S. dollar outside a securities firm in Tokyo on Monday.
BUSINESS / Economy
Oct 1, 2024
Ishiba cool on Abenomics, pragmatic and a bit of a mystery
By Kazuaki Nagata
Analysts argue that the new prime minister will be more like former Prime Minister Fumio Kishida than former Prime Minister Shinzo Abe.
Big nonmanufacturers' mood has improved, the Bank of Japan's <i>tankan</i> survey shows, underscoring the strength of domestic demand.
BUSINESS / Economy
Oct 1, 2024
Big manufacturer sentiment steady in third quarter, tankan survey shows
By Makiko Yamazaki and Leika Kihara
While the survey found optimism among manufacturers, nonmanufacturers expect conditions to worsen in the months ahead.
The Bank of Japan's September board meeting summary suggests the BOJ will endeavor to send clearer hints before raising its benchmark rate again.
BUSINESS / Economy
Oct 1, 2024
BOJ keen to avoid surprises after rate hike tanked Nikkei, meeting notes show
By Toru Fujioka
The bank's July 31 rate hike shocked markets and prompted the 225-issue Nikkei average's biggest tumble on record.
An employee works on the production line of Nio electric vehicles at a JAC-NIO manufacturing plant in Hefei, Anhui province, in China in 2022.
BUSINESS / Economy
Sep 30, 2024
China's factory and service sectors skid as stimulus calls grow
The data showed China's manufacturing industry remains a pain point for policymakers, who acknowledged the economy faces "new problems."

High temperatures to continue in Japan throughout October
The city of Kumamoto on Sept. 18, when the temperature climbed to 37.5 degrees Celsius
Masamitsu Yoshioka, last Pearl Harbor bombardier, dies at 106
Masamitsu Yoshioka in 2023, when he was 105
Tokyo passes nation's first customer harassment ordinance
Tokyo Gov. Yuriko Koike speaks to a reporter on Sept. 27. Aggressive acts toward front-line workers, dubbed "customer harassment," have become a growing problem.
The Russian war economy’s days are numbered
A funeral is held for Russian military personnel and civilians killed in the war with Ukraine, at a cemetery in Luhansk, in Russian-controlled Ukraine, in May 2023. The U.S. estimates that 120,000 Russian soldiers have been killed and another 180,000 injured, further worsening the nation's manpower shortages and economic output.
Ishiba omits divisive proposals in first policy speech as PM
Prime Minister Shigeru Ishiba delivers his inaugural policy address to parliament in Tokyo on Friday.
Sure, Tokyo’s trains are amazing. But are they ruining your trip?
Walking through Tokyo's varied neighborhoods and the sub-communities within them can be the best way for a tourist, even one with limited time, to take the city in.
Japan’s biggest Louise Bourgeois exhibit yet leans into ambivalence
Bourgeois is perhaps best known among the general public for her giant steel spider sculptures, particularly in Tokyo, where a nearly 10-meter tall bronze cast of the original spider has loomed over the walkway in Roppongi Hills since 2003.
Japan great Ayami Sato helps shine light on women's baseball in new documentary
Ayami Sato is one of the best female players in baseball history.
Tokyo passes nation's first customer harassment ordinance
Tokyo Gov. Yuriko Koike speaks to a reporter on Sept. 27. Aggressive acts toward front-line workers, dubbed "customer harassment," have become a growing problem.
Ishiba omits divisive proposals in first policy speech as PM
Prime Minister Shigeru Ishiba delivers his inaugural policy address to parliament in Tokyo on Friday.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Wozme, founded by dancer and choreographer Wakaba Kohei, is composed of Kana Kitty, Ami Ishii, Akane Watanabe and Natsuki. Its aim is to inject elegance and beauty, traits traditionally associated with femininity, into the sometimes grotesque art form of butoh dance.
Wozme, an all-women dance troupe, wants to move the needle in butoh
By Zoria Petkoska

SUSTAINABLE JAPAN

Sasakawa works for a sustainable blue economy
Sasakawa works for a sustainable blue economy

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