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Japan Times
BUSINESS
Jan 16, 2023

Questions raised over Japan's habit of putting together large-scale supplementary budgets

In the past few years, spending big has in effect been the basic tenet for extra budget compilation, as the ruling camp pushed aggressively for massive additional outlays.
Japan Times
ENVIRONMENT / Longform
Jan 16, 2023

The race to save the Japanese giant salamander

River infrastructure is causing the salamander's decline. To stop Japan from losing this rare species, conservationists are calling for an alternative vision of rural development.
Japan Times
WORLD / Crime & Legal / FOCUS
Jan 16, 2023

The drug mules carrying Europe's cocaine in their guts

More than a sixth of the cocaine consumed in France is smuggled inside the bodies of drug mules from its poverty-stricken South American region of Guiana.
Japan Times
JAPAN
Jan 16, 2023

New AI smartphone app will be able to decipher Japanese cursive manuscripts

The app's beta version is set for release later this month, while the full version is scheduled to become available to the public this March.
Japan Times
TENNIS
Jan 16, 2023

Rafael Nadal victorious at Australian Open but heartbreak for Nick Kyrgios

Top-seeded Nadal recovered from a second-set wobble to defeat the 38th-ranked Briton 7-5, 2-6, 6-4, 6-1 at Rod Laver Arena.
Japan Times
BUSINESS
Jan 16, 2023

TV announcer turned portfolio manager beats 97% of Japanese peers

Maiko Uda reckons the Bank of Japan will raise its cap for 10-year sovereign yields to at least 1.5% within two years from 0.5% now.
Japan Times
JAPAN
Jan 16, 2023

COVID-19 tracker: Tokyo logs 4,433 new cases

Tokyo reported 4,433 new cases of COVID-19 on Monday, down by 3,766 week on week.
Japan Times
JAPAN / Politics
Jan 16, 2023

Japan opposition party lawmaker Hakase Suidobashi resigns

The comedian-turned-politician of Reiwa Shinsengumi had stopped his political activities in October last year after being diagnosed with depression.
Japan Times
COMMENTARY / World
Jan 16, 2023

Why the Fed needs to take the digital yuan seriously

The e-CNY will be more than just a paperless version of cash for China's local economy, its use in trade settlements would pose a challenge to the U.S. dollar.
Japan Times
JAPAN / Regional Voices: Hokkaido
Jan 16, 2023

Tomakomai aims to give tourism a boost through sharing creative works

Local communities are being encouraged to enjoy making use of creative works, and to share that joy with tourists.
Icons of Google's Artificial Intelligence app BardAI (or ChatBot), OpenAI's app ChatGPT and other AI apps are displayed on a smartphone screen.
BUSINESS / Tech
Jul 20, 2023

Google tests AI tool that is able to write news articles

Some executives who saw Google’s pitch described it as unsettling, and two people said it seemed to take for granted the effort that went into producing accurate and artful news stories.
Amid a slowing economy, Beijing has avoided large-scale fiscal stimulus to prevent further debt buildup, focusing instead on modest measures to alleviate regional financial stress without adding new borrowing.
COMMENTARY / Japan
Nov 21, 2024

No, China doesn’t really have a debt crisis

Beijing is gun-shy about fiscal stimulus due to concerns more debt will build up. This thinking is muddled.
Nikko Asset Management is ditching its bearish view on the yen, and now has a ¥135 target against the dollar by year-end.
BUSINESS / Markets
Jul 20, 2023

Nikko Asset shifts to bullish yen slant as Ueda bides his time

The shift in his view highlights potential upside for the yen, where inflation-adjusted interest rates have exacerbated its decline to multidecade lows.
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
BUSINESS / Economy
Nov 22, 2024

Japan approves ¥21.9 trillion stimulus plan

Combined with expected spending from the private sector, this year’s package is estimated to add a total of ¥39 trillion to the economy.
Mizuho Financial Group has become the third Japanese megabank to sell Additional Tier 1 bonds after the collapse of Credit Suisse set off a global fire sale.
BUSINESS / Markets
Jul 20, 2023

Mizuho sells ¥261 billion of AT1 bonds after Credit Suisse turmoil

The lender joined Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group in issuing AT1 bonds this year, while the market in Europe is only just reopening.
Suspect Kenichi Hosoya enters the Asakusa Police Station in Tokyo on Friday. The handcuffs and waist ties are blurred for privacy reasons.
JAPAN / Crime & Legal
Nov 22, 2024

Tokyo couple served fresh arrest warrants over family murders

The couple was served arrest warrants for the fourth time, following warrants over the deaths of their second daughter, the husband's father and his sister.
Mitsubishi UFJ Financial Group is investigating the incident and consulting with the police.
JAPAN / Crime & Legal
Nov 22, 2024

MUFG fires worker over ¥2 billion theft from clients’ safe deposit boxes

The theft by a front-line employee responsible for managing the safe deposit boxes took place at two branches in Tokyo over 4½ years.
Officials in the municipality of Daito, in Osaka, speak at a news conference on Wednesday regarding a case in which a mother is suspected of starving her daughter, hospitalizing her and claiming insurance payments.
JAPAN / Crime & Legal
Jul 20, 2023

Mother in Osaka arrested for starving daughter and claiming insurance money

Investigators believe Kasumi Nawata regularly starved her daughter, hospitalizing her 43 times for a total of 332 days since spring 2018.
With its initial public offering, Kioxia is valuing the company at ¥750 billion.
BUSINESS / Companies
Nov 22, 2024

Japan chipmaker Kioxia IPO set for next month

Formerly the semiconductor unit of Japanese engineering giant Toshiba, the company is the world's third-largest producer of NAND flash memory chips.
Ichiro Ozawa speaks to Constitutional Democratic Party of Japan lawmakers at a party in Yokohama on Friday. The veteran politician still hopes the country will achieve a genuine two-party parliamentary democracy.
JAPAN / Politics
Jul 19, 2023

CDP's Ichiro Ozawa bracing for 'final battle' in next election

The veteran politician still hopes the country will achieve a genuine two-party parliamentary democracy.
U.S. Secretary of State Antony Blinken, South Korean Foreign Minister Park Jin and Foreign Minister Yoshimasa Hayashi pose for a photo during their meeting in Jakarta on Friday.
JAPAN
Jul 15, 2023

U.S., Japan and South Korea condemn North Korean missile launch

The condemnation came after North Korea fired a powerful long-range missile that flew for a record 74 minutes to an altitude of 6,000 kilometers.
Komeito leader Natsuo Yamaguchi waits ahead of a high-level meeting with Chinese Communist Party officials at Beijing's Great Hall of the People in December 2017.
JAPAN
Jul 15, 2023

Japan ruling bloc lawmakers facing hurdles to China visit plans

Trips to China by Komeito leader and senior LDP official both put on ice over Chinese anger at planned release of treated Fukushima water.
Foreign Minister Yoshimasa Hayashi meets with his Chinese counterpart, Wang Yi, on Friday in Jakarta.
JAPAN
Jul 14, 2023

Japan calls on China to approach Fukushima water release in 'scientific manner'

The issue of the water release took up a substantive amount of the hourlong talks between the nations' top diplomats, but the two did not come to a clear agreement on the matter.
Support for Prime Minister Fumio Kishida's Cabinet dropped to 30.8% in July, a survey shows.
JAPAN / Politics
Jul 13, 2023

Poll shows Kishida Cabinet approval down to 30.8%

The slide in support may have reflected the string of problems related to My Number personal identification cards.
A man stands atop a float holding a portable shrine at this year’s Sanja Festival in Tokyo.
PODCAST / deep dive
Jul 20, 2023

Why 2023 will be a deciding year for Japan’s iconic summer festivals

As the population gets older do we risk losing the summer festivals that make Japan unique?
Some economists hope the labor ministry panel will make an annual average minimum wage proposal of above ¥1,000 this week.
BUSINESS / Economy
Jul 23, 2023

The average minimum wage may top ¥1,000 this year. But is that enough?

Aside from the symbolic hurdle, a more substantial issue remains: Will momentum for wage hikes from this spring continue or will it be short-lived?
Asia's best bartenders congregated in Hong Kong for the unveiling of the 2023 list of the continents top watering holes.
LIFE / Food & Drink
Jul 21, 2023

Tokyo’s Ben Fiddich inches toward top of Asia’s 50 Best Bars

A total of 14 bars in Japan cracked the top 100 of this year’s continent-wide rankings.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?