Search - 2023

 
 
The yen's exchange rate against the dollar on Wednesday. The yen declined from ¥103 against the dollar in 2020 to as little as ¥151 in late 2023.
COMMENTARY / Japan
Jan 11, 2024

Is a weak yen good for Japan’s economy?

The yen's fast depreciation is boosting overseas investment and sectors like tourism, but could also trigger inflation. In response, the BOJ should raise interest rates.
A Tokyo Gas Co. storage tank at the company's Setagaya facility in Tokyo
ENVIRONMENT / Climate change
Jan 12, 2024

World trying to quit fossil fuels gets flood of gas instead

Formerly a sluggish sector, global events spurred LNG's expansion
An old growth forest near Fort St. James, British Columbia, Canada, in an area where pellet producer Drax is permitted to cut.
ENVIRONMENT / Energy / OUR PLANET
Jan 14, 2024

Japan's thirst for biomass is having a harmful impact on Canada's forests

Experts and activists say biomass is not the climate solution it might appear to be on the surface and is far from being sustainable.
U.S. President Joe Biden and his South Korean counterpart, Yoon Suk-yeol, visit a Samsung semiconductor factory in Pyeongtaek, South Korea, in May 2022.
COMMENTARY / World
Jan 14, 2024

South Korea's economic strategy amid the U.S.-China rivalry

If the world is to avoid incurring increasingly high costs from fragmentation, the U.S. and China must learn how to coexist and engage in fair competition.
Tanaka takes part in a signing ceremony for the Japan-Uruguay Investment Agreement with Uruguay's Acting Minister of Foreign Affairs Luis Porto in 2015.
BUSINESS / WOMEN AT WORK
Jan 23, 2024

Why positivity is an asset in a career of PR and diplomacy

Keiko Tanaka went from an office at Nissan to the ambassador's residence in Uruguay.
Taiwan Deputy Foreign Minister Tien Chung-kwang speaks during a news conference at the Ministry of Foreign Affairs in Taipei on Monday.
ASIA PACIFIC / Politics
Jan 15, 2024

China steps up Taiwan isolation after election, peeling off ally Nauru

One of Taiwan’s last diplomatic allies severed relations with the island and switched its alliance to China, after Taipei elected a new leader Beijing views as "separatist.”
A banner for the World Economic Forum hangs on a building on the first day of the annual meeting in Davos, Switzerland, on Monday.
BUSINESS / Companies
Jan 16, 2024

Pre-Davos survey indicates CEOs' fears regarding AI and climate

Some 45% of more than 4,700 global CEOs surveyed do not believe their businesses will survive, barring significant changes, in the next 10 years.
Around 100 YouTube channels actively deny climate change, while also spreading videos attacking solutions such as wind and solar.
BUSINESS / Tech
Jan 17, 2024

Attacks on renewable energy are proliferating on YouTube

While videos espousing climate denial are declining across nearly 100 YouTube channels, videos attacking solutions such as wind and solar are growing.
Microsoft said a Russian-linked hacking group attacked its corporate systems, but said the group doesn’t appear to have accessed customers’ systems or Microsoft servers that run outward-facing products.
BUSINESS / Tech
Jan 20, 2024

Microsoft says Russia-linked group hacked employee emails

The company said it’s acting immediately to fix older systems, which will probably cause some disruption.
Rougned Odor, a 10-year MLB veteran, has reportedly signed a deal with the Yomiuri Giants of the Central League.
BASEBALL
Jan 21, 2024

Rougned Odor signs deal with Yomiuri Giants, report says

Odor, 29, played in 59 games for the San Diego Padres in 2023 before he was released in July, batting .203 with four home runs and 18 RBIs.
Washington Commanders offensive coordinator Eric Bieniemy (right), had interviewed for several top jobs, but wasn’t hired.
MORE SPORTS / Football
Jan 23, 2024

NFL’s diversity push challenged by teams recycling older coaches

There are seven openings — and maybe more coming — among the league’s 32 franchises, compared to just five in 2023.
In Palworld, players can explore an open world and collectible Pokemon-esque creatures, some of whom utilize a variety of weaponry to defeat opponents.
LIFE / Digital
Jan 24, 2024

Overnight smash Palworld is much more than ‘Pokemon with guns’

Instead of “Pokemon with guns,” a more apt description for Palworld would be “Pokemon, but it grew up over the last 30 years.”
China Southern Airlines and Xiamen Airlines Boeing 737 Max 8 aircraft at Boeing facilities in 2019. Between 2018 and 2022, Chinese customers booked only 25 Boeing planes, with sales dominated by cargo aircraft, according to Boeing data.
BUSINESS / Companies
Jan 25, 2024

Boeing delivers 737 Max jet to China in vote of confidence

It's unclear whether the event represents a real reset of the planemaker's relationship with Beijing or a temporary political concession.
Ice covers the Moskva river in downtown Moscow. The Kremlin still mostly relies on volunteers to fight its war in Ukraine, offering 210,000 rubles monthly.
BUSINESS
Jan 25, 2024

Russia’s war fuels a wage spiral that threatens army recruitment

The competition for employees has pushed wages up at a double-digit pace and made once-relatively lucrative military service less appealing.
Iranian sources said Beijing had made it clear it would be very disappointed with Tehran if any vessels linked to China were hit, or the country's interests were affected in any way.
ASIA PACIFIC / Politics
Jan 26, 2024

China presses Iran to rein in Houthi attacks in Red Sea, sources say

But amid regional alliances and priorities, it is uncertain whether Tehran will take action following the discussions with Beijing.
Some 5 million people globally die of causes related to air pollution from fossil fuels each year and climate change has a huge impact on people's health and psychological well-being.
COMMENTARY / World
Jan 24, 2024

We’re finally recognizing climate change’s mental health toll

Climate change's impact on health, including psychological well-being, is overwhelming. COP28 took stock of this and put youth at the center of discussions like never before.
Workers assemble electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, in September 2021.
BUSINESS / Tech
Jan 28, 2024

Riyadh's multi-billion EV dream risks crashing into reality

Riyadh has spent billions to try to turn itself into a hub for electric vehicles and overcome obstacles including a lack of infrastructure and talent.
Environment groups gather to oppose a key LNG terminal that threatened a delicate algal reef, in Taipei in December 2021. If Taipower can’t make sufficient progress on clean-energy generation, the island could potentially lose some of its allure as a destination for chip manufacturing.
BUSINESS / Tech
Jan 28, 2024

Taiwan’s troubled utility poses risk to chipmakers’ green goals

Political pressures have prevented the state-owned Taipower from passing on costs to customers, while bets on offshore wind have been marred by obstacles.
Kamila Valieva of the Russian Olympic Committee competes during the 2022 Beijing Olympics.
OLYMPICS / Figure skating
Jan 28, 2024

Russian skater Valieva's future rests on sports court's decision

Valieva's positive doping test ignited a scandal at the 2022 Winter Olympics when she was just 15 years old.
The Jakarta-Bandung high-speed train is the first of its kind in Southeast Asia, even faster than the shinkansen. However, demand for the new railway service remains lacking.
ASIA PACIFIC / Politics
Jan 29, 2024

Linking 17,000 islands in Indonesia tests a nation on the rise

President Joko Widodo's grand vision for the world’s largest archipelago is colliding with financial realities.
Mitsui & Co. employees hold a meeting at its headquarters in Tokyo. The company introduced a stock-based compensation system in 2020.
BUSINESS / Companies
Jan 29, 2024

Growing number of Japan firms adopt stock-based worker compensation

The practice underscores the belief that fostering growth can be achieved through effective human capital management.
Taiwan Semiconductor Manufacturing Co.’s new factory in Kikuyo, Kumamoto Prefecture, in May 2023
BUSINESS / Tech / FOCUS
Jan 29, 2024

Can Japan again master semiconductors to relive its glory days?

Competition in the sector is fierce, with many countries pushing to develop their own capabilities and insulate supply chains from geopolitical tensions.
The administration of U.S. President Joe Biden has increasingly focused on hacking from China, Russia and elsewhere.
WORLD / Politics
Jan 30, 2024

U.S. disabled Chinese hackers targeting infrastructure: sources

The administration of U.S. President Joe Biden has increasingly focused on hacking from China, Russia and elsewhere.
IBM offices in Foster City, California
BUSINESS / Companies
Jan 30, 2024

IBM managers: Move near an office or leave company

Return-to-office mandates are often seen as fueling attrition
Boeing 737 Max 9 aircraft under construction in Renton, Washington, in 2017
BUSINESS / Companies
Jan 30, 2024

Boeing under a microscope for safety issues as it reports results

Boeing shares have fallen 21% this month, putting them on track for their worst January since at least 2017.
As China struggles with a slumping stock market and a collapsing real estate sector, commentary and even financial analysis Beijing deems negative are blocked.
BUSINESS
Jan 31, 2024

China’s censorship dragnet targets critics of the economy

The government's new information campaign about the economy is wider than usual censorship, with efforts now extending to mainstream commentary.
At the heart of European Union thinking about economic security is fear that economic dependencies will be weaponized.
COMMENTARY / Japan
Jan 30, 2024

EU’s dilemma: balancing national and economic security

At the heart of EU thinking about economic security is fear that economic dependencies will be weaponized.
U.S. Federal Reserve chair Jerome Powell holds a news conference after a Federal Open Market Committee meeting in Washington on Wednesday. Powell signaled that an interest rate cut as soon as in March is unlikely, as the central bank remains data-dependent when mulling its next steps.
BUSINESS / Economy
Feb 1, 2024

Fed cements pivot but pushes back on timing of cuts

Chair Jerome Powell said officials would move patiently and doused speculation that rate cuts would start at the next meeting.
Mercedes' Lewis Hamilton, seen after a third-place finish at the Bahrain Grand Prix in March 2022, will make a blockbuster move to Ferrari after the 2024 season.
SPORTS / Auto Racing
Feb 2, 2024

Mercedes' Lewis Hamilton to make blockbuster move to Ferrari in 2025

Hamilton will exercise an option in his contract that will allow him to end his two-year deal with Mercedes after one year.
A native of Seoul who grew up in Shanghai, Hana Yoon moved to New York to attend the prestigious Culinary Institute of America when she was 20 years old.
LIFE / Food & Drink
Feb 4, 2024

In Japan’s age-old capital, a young head chef stirs the pot

Upon her arrival in Kyoto, Yoon spent four months delving into the distinctive varieties of “kyōyasai,” vegetables grown in Kyoto and its suburbs.

Longform

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