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November 23, 2024
 

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With President Yoon Suk-yeol's approval rating hovering around 34% and public discontent running high over the country's lackluster economy, the opposition is ahead in some polls. Yoon term as president ends in 2027.
ASIA PACIFIC / Politics
Mar 28, 2024

South Korea kicks off campaigning ahead of April election

Poll is crucial for Yoon Suk-yeol's ruling People Power Party to avoid him ending up a lame duck president should the opposition secure a supermajority.
Prices excluding fresh food rose 2.4% in March in Tokyo, slowing slightly from 2.5% in February.
BUSINESS / Economy
Mar 29, 2024

Tokyo inflation slows but stays above BOJ target

Prices excluding fresh food rose 2.4% in March from a year before, slowing slightly from 2.5% in February.
China coach Li Tie reacts during a soccer match between China and Australia in Qatar in September 2021.
SOCCER
Mar 29, 2024

Former China coach pleads guilty to taking millions in bribes

"Li Tie made his final statement, pleaded guilty and expressed remorse," a court said.
Officials from the Finance Ministry, the Bank of Japan and the Financial Services Agency hold an emergency meeting over the yen at the ministry on Wednesday.
BUSINESS / Markets
Mar 29, 2024

Japan brought forward emergency yen meeting to maximize market impact, source says

Meeting like these are considered a sign Tokyo is moving closer to intervening in the currency market.
Israeli police officers hold fire extinguishers during a protest against Prime Minister Benjamin Netanyahu's government in Tel Aviv on Saturday.
WORLD
Mar 31, 2024

Deadly chaos at Gaza aid distribution as WHO renews hospital warning

U.N. agencies have warned repeatedly that northern Gaza is on the verge of a man-made famine.
Under the revised labor standards law, annual overtime will be capped at 960 hours for truck drivers and 720 hours for construction workers.
JAPAN
Mar 31, 2024

New work-style reform measures kick off in Japan

It is feared the new caps will cause shortages of workers, making it difficult to maintain services.
The Bank of Japan headquarters in Tokyo. While some BOJ watchers flag the risk the BOJ could move quickly to raise interest rates again, Tsutomu Watanabe, who was a potential governor candidate last year, says he doesn't think the move will come so soon.
BUSINESS / Economy
Apr 1, 2024

BOJ’s next hike likely in October at earliest, ex-official says

The views of Tsutomu Watanabe contrast with those of some BOJ watchers who flag the risk the BOJ could move quickly as the yen slumps near a 34-year low.
Cardboard beds at an evacuation center in Wajima, Ishikawa Prefecture, on Jan. 31. Because evacuation shelters are operated by municipalities, the quality of disaster relief varies depending on the strength of each local government, one expert points out.
JAPAN / Society
Apr 1, 2024

Over 8,000 still in evacuation centers three months after Noto quake

The patchy progress of Japan's decentralized disaster relief shows that lessons from past disasters have not been learned, experts say.
Children are evacuated from a preschool in Naha, Okinawa Prefecture, following tsunami warnings after a powerful earthquake struck off Taiwan on Wednesday morning.
JAPAN
Apr 3, 2024

Japan lifts tsunami advisory after strong quake hits Taiwan

Tsunami measuring at least 30 centimeters were observed at Yonaguni and Miyako islands, while waves as high as 20 cm also reached Ishigaki Island.
Taiwanese military personnel aide in rescue and relief efforts by searching for survivors in a damaged building in Hualien, Taiwan, after a major earthquake struck off the island's eastern coast.
ASIA PACIFIC
Apr 3, 2024

Taiwan rocked by most powerful earthquake in 25 years

At least nine people were killed and more than 900 injured Wednesday by a powerful earthquake in Taiwan that prompted tsunami warnings.
Former Vice Finance Minister for International Affairs Tatsuo Yamasaki previously warned of the possibility of a looming currency intervention two days before Japan entered markets in September 2022.
BUSINESS / Markets
Apr 3, 2024

Ex-finance official who warned of Japan's 2022 yen intervention sounds alarm

"Officials wouldn’t have issued such strong warnings unless they were prepared.” said Tatsuo Yamasaki, a former vice minister overseeing the yen.
Japanese swimmer Ryosuke Irie speaks during a news conference on Wednesday in Tokyo.
MORE SPORTS / Swimming
Apr 3, 2024

Three-time Olympic medalist Ryosuke Irie retires

The 34-year-old, who appeared in four consecutive Olympic Games in men's backstroke events, had been active on the international stage since 2006.
Reindeer that belong to Sami herder Nils Mathis Sara, 65, run in a winter pasture near Geadgebarjavri up on the Finnmark plateau, Norway, last month.
ENVIRONMENT / Climate change
Apr 3, 2024

Reindeer herders battle power line needed for Norway's climate goal

The conflict illustrates the difficult choices countries must make to cut greenhouse gas emissions and power future growth.
The Bank of Japan's steady policy normalization process will probably start next year, with potentially a 25-basis-point rate increase every six months, a former policy board member says.
BUSINESS / Economy
Apr 4, 2024

BOJ will wait until October before hiking rates again, says ex-board member

Makoto Sakurai believes a steady policy normalization process may start next year, with potentially a 25-basis-point rate increase every six months.
Former Hamas hostage Aviva Siegel poses during an interview with AFP during her visit to the 55th session of the U.N. Human Rights Council in Geneva, on Feb. 28. Nearly six months into the Gaza war, with the families of hostages still held captive by Hamas desperate for their release, many former hostages are finding the words to describe the ordeal of captivity.
WORLD / Politics
Apr 4, 2024

After six months of war, former Hamas hostages speak of ordeals in Gaza

About 130 Israeli hostages remain in Gaza, Israel believes, including 34 who are presumed dead.
Activist investor Oasis Management says shares in Kao have the potential to rise by more than 70% from recent levels.
BUSINESS / Companies
Apr 4, 2024

Kao shares jump as activist investor Oasis calls for improved performance

Kao has "significantly underperformed” its competitors in sales growth, margins, return on equity and stock performance, Oasis said in a statement.
Japanese household spending fell 0.5% in February from a year earlier, down for a 12th straight month, indicating the impact of persistent price increases on spending patterns.
BUSINESS / Economy
Apr 5, 2024

Japan’s households continue to cut outlays as inflation hits

Outlays decreased 0.5% in February from a year ago, sliding for a 12th consecutive month.
Palestinians carry aid as others struggle to receive their portion amid widespread hunger in Gaza City on Thursday.
WORLD
Apr 5, 2024

Peace feels further than ever at six months of Israel-Hamas war

Israel's retaliatory campaign has killed over 33,000 people, mostly women and children, according to the health ministry in Hamas-run Gaza.
Japanese driver Yuki Tsunoda competes in the Japanese Grand Prix on Sunday as the race's spring debut saw cherry blossoms greet the 20 drivers on the Formula One grid.
MORE SPORTS / Auto Racing
Apr 7, 2024

Tsunoda becomes first Japanese F1 driver to score a point at home since 2012

Tsunoda’s deep knowledge of the track paid off and Max Verstappen's Honda-powered Red Bull took the win.
Palestinians who had taken refuge in Rafah, leave the city to return to Khan Younis after Israel pulled its ground forces out of the southern Gaza Strip, on Sunday, six months into the devastating war sparked by Hamas' Oct. 7 attacks.
WORLD
Apr 8, 2024

Six months into 'long' war, Israel says readying for Rafah

Defense minister says troops left Khan Younis "to prepare for future missions, including ... in Rafah" where most of Gaza's population has taken refuge.
A lone Tesla charges in the basement of a commercial property in Tokyo. One of Japan’s biggest obstacles to electric vehicles is subpar charging infrastructure.
BUSINESS / Companies
Apr 8, 2024

How three high-tech countries became laggards in electric vehicles

Japan's slow adoption traces back to a decade-old bet on hydrogen fuel-cell technology, while U.S. and South Korea have hit bottlenecks.
Real cash earnings for Japanese workers in February dropped 1.3% from a year earlier, government data has shown.
BUSINESS / Economy
Apr 8, 2024

Japan’s decline in real wages likely to keep BOJ on hold for now

The latest decline in real wages comes as growth in consumer prices accelerated to 2.8% in February, the quickest pace since November.
A street in Ota Ward, Tokyo, on March 15. In the year through March, bankruptcies mainly rose among small and midsize companies.
BUSINESS / Economy
Apr 8, 2024

Japan's business failures top 9,000 for first time in nine years

In the year through March, bankruptcies mainly rose among small and midsize companies as they struggled to raise prices to reflect higher costs.
Finance Minister Shunichi Suzuki says authorities are watching exchange-rate moves closely and won't rule out any options.
BUSINESS / Economy
Apr 9, 2024

Japan warns against excessive volatility as yen slides near fresh lows

The yen briefly hit ¥151.840 to the dollar, within striking distance of the 34-year low of ¥151.975 marked last month.
Palestinian Ambassador to the United Nations Riyad Mansour speaks with the media, accompanied by Yemen's Ambassador to the United Nations Abdullah Ali Fadhel Al-Saadi and Algeria's Representative to the United Nations Amar Bendjama, at U.N. headquarters in New York on March 25.
WORLD / Politics
Apr 9, 2024

Security Council to decide within April on Palestine's U.N. membership bid

Palestinians have lobbied for years to gain full membership, which would amount to recognition of Palestinian statehood.
Tesla says that Autopilot enables its vehicles to steer, accelerate and brake automatically, but that the system’s features require "active driver supervision and do not make the vehicle autonomous.”
BUSINESS / Companies
Apr 9, 2024

Tesla settles over fatal Autopilot crash on eve of trial

The case centered on a 38-year-old Apple engineer whose Model X veered off the highway and slammed into a roadside barrier on his way to work.
Koki Nagata (right) offers a Buddhist altar to a Noto Peninsula earthquake evacuee in Kanazawa, Ishikawa Prefecture, on March 29.
JAPAN / Society
Apr 10, 2024

Kumamoto shop owner gives away free Buddhist altars to Noto quake victims

“I hope it will be a source of comfort for those who lost their loved ones and homes," said shop owner Koki Nagata.
Masato Kanda, vice finance minister for international affairs, says all options are on table after the yen fell past ¥153 to the dollar.
BUSINESS / Markets
Apr 11, 2024

Tokyo and Washington may be in sync, but the dollar-yen currency gap is growing

The yen slipped to its lowest level since 1990 — ¥153 against the dollar — while officials said they were examining their options.
Approval rate for Prime Minister Fumio Kishida's Cabinet hit a new low of 16.6% in April since its launch in October 2021.
JAPAN / Politics
Apr 11, 2024

Support for Kishida Cabinet sinks to fresh low of 16.6%, poll shows

The approval rate fell 1.4 percentage points from the previous month, while the disapproval rate climbed 2.0 points to 59.4%.
A branch of the Fast Retailing clothing brand Uniqlo in Tokyo
BUSINESS
Apr 12, 2024

Uniqlo operator upbeat on Europe and North America after Q2 profit miss

Fast Retailing left its full-year operating profit forecast unchanged at ¥450 billion.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

Podcast

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

Longform

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