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November 25, 2024
 

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Vitol, the world's biggest trader, has increased its total equity to $26 billion even after paying $5 billion in record dividends after earning $15 billion in 2022.
BUSINESS / Markets
Feb 26, 2024

Top global energy traders face multibillion cash quandary

Most trading houses, which are privately owned and controlled by their employees, disclose little about their cash position, equity or dividends.
Russia's Daniil Medvedev speaks during a news conference after losing to Italy's Jannik Sinner during their men's singles final match on day 15 of the Australian Open in Melbourne on Jan. 29.
TENNIS
Feb 27, 2024

Medvedev says Australian Open final loss 'easy' to get over

The Russian world number four will be contesting his first tournament since the Australian Open this week in Dubai.
Japan's benchmark Nikkei index is on a roll, having broken its bubble-era record last week.
COMMENTARY / Japan
Feb 27, 2024

What explains the recent surge in Japanese stock prices?

Japan needs for increase domestic capital investment, technological innovation and sound risk-taking to improve long-term competitiveness.
Residents of Otsuchi, Iwate Prefecture, take part in an evacuation drill in March 2021.
JAPAN / Society
Mar 1, 2024

More than decade after 2011 quake, Japan still slow to compile evacuation plans

The nation has failed to make progress in crafting plans to help evacuate elderly people and people with disabilities in the event of natural disasters.
Prime Minister Fumio Kishida speaks during an Upper House Budget Committee session on Monday.
JAPAN / Politics
Mar 4, 2024

Kishida denies intent to dissolve Lower House in April

The prime minister was grilled on his reason for rushing the passage of the government's fiscal 2024 draft budget last week.
Australia forward Sam Kerr celebrates scoring her team's first goal during the 2023 Women's World Cup semifinal soccer match between Australia and England in Sydney on Aug. 16.
SOCCER
Mar 5, 2024

Soccer star Kerr charged with 'racially aggravated offense'

The charges and an injury cast a shadow over Kerr's hopes of playing for Australia at the Paris Olympics
Vehicles on display at a Toyota car dealership in Rio de Janeiro, Brazil
BUSINESS / Companies
Mar 6, 2024

Toyota ups its bet on hybrids in Brazil with $2.2 billion plan

The firm will expand production capacity in Latin America’s largest economy for models that use hybrid-flex fuel technology.
On the amateur circuit, domestic tournaments such as the Dream Girls Cup, which took place in Tokyo last month, have generated significant publicity for youth sumo.
SUMO / INSIDE SUMO
Mar 6, 2024

Sumo's popularity is booming. The recruitment of new pros is not.

Sumo is not immune to the labor shortages plaguing the rest of aging Japan.
The National Police Agency conducted its first survey on social media-linked investment frauds and romance scams as the amount of damage from such cases surged last year.
JAPAN / Crime & Legal
Mar 7, 2024

Damage from investment and romance scams in Japan hits ¥45.5 billion

The figure was higher than ¥44.12 billion stolen in remittance and other special fraud cases, according to police data.
In 2019, Japan tightened penalties for the use of smartphones and other mobile handsets while driving.
JAPAN / Crime & Legal
Mar 7, 2024

Record high number of distracted drivers causing death or serious injury

In 2023, 25 incidents were fatal and 97 caused serious injury, with about 10% of drivers using mobile phones to talk and 90% looking at screens.
Google's cybersecurity center in Tokyo will focus on enhancing cybersecurity policy discussions, spearheading educational initiatives, developing resources and supporting research with Japanese institutions.
BUSINESS / Tech
Mar 7, 2024

Google opens Asia-Pacific cybersecurity research center in Tokyo

The center's launch comes as Japan endeavors to ramp up its online security systems following major cyberattacks.
University students participate in a job hunting seminar in Yokohama on March 1. Japan is ranked last among 38 countries in the OECD for its proportion of female graduates in STEM fields.
JAPAN / Society
Mar 8, 2024

More Japanese universities adding female admission quotas for STEM fields

The trend comes amid concerns over the nation's low level of female participation in fields related to science, technology, engineering and math.
Hokuriku Electric Power's Shika nuclear power plant in Ishikawa Prefecture. After the Noto Peninsula earthquake, data from at least 18 monitoring posts to measure radiation levels around the Shika plant became unavailable.
JAPAN / Politics / FOCUS
Mar 10, 2024

Nuclear power policy to be major focus in parliament after Ishikawa quake

The New Year's Day earthquake occurred near Hokuriku Electric Power's Shika nuclear power station, raising concerns over another nuclear disaster.
Unpicked grapes wither on the vine near the town of Griffith in southeast Australia in February.
BUSINESS / Companies
Mar 11, 2024

Australian farmers rip out millions of vines amid wine glut

Falling consumption of wine worldwide has hit Australia particularly hard as demand shrinks fastest for the cheaper reds that are its biggest product.
A LNG tanker at the Negishi LNG Terminal, which is jointly operated by Tokyo Gas and JERA, in Yokohama
BUSINESS
Mar 11, 2024

Japan boosts reliance on allies for long-term LNG supplies

LNG accounts for about a third of Japan's power generation and it is the world's second-largest importer behind China.
Nintendo's popular video game character Super Mario will return to the big screen in April 2026.
BUSINESS / Companies
Mar 11, 2024

Nintendo announces new 'Super Mario' movie

The video game company will partner with animation studio Illumination again for the animated feature scheduled for an April 2026 release.
A Daiso shop in New York in September 2022. While Daiso originally entered the U.S. in 2005, it has scaled these efforts up over the past few years — the retailer now has about 120 stores across seven states.
BUSINESS / Companies
Mar 11, 2024

Daiso banks on ‘brand Japan’ for U.S. expansion

The discount store chain plans to open 65 stores in the U.S. in 2024, and over 100 next year.
A woman holds a picture of Russian President Vladimir Putin during a rally organized by Serbian ultra nationalist organizations in Belgrade in 2022.
WORLD / Politics
Mar 12, 2024

As Russia prepares to vote, Putin's sights remain set on new world order

Running for a fifth term in office this week, the Russian president has built up a system of domestic repression almost certain to guarantee his success.
Earl Stewart, a Toyota dealer, says he was shocked when he first heard about Toyota’s strategy.
BUSINESS
Mar 13, 2024

Toyota’s hybrid-first strategy is delivering big profits

Toyota’s sales are booming, and the company is reporting huge profits.
Despite Japan's still-nascent domestic winemaking scene, wine drinkers in the country have long enjoyed an obsession with obtaining certifications around the beverage.
LIFE / Food & Drink
Mar 17, 2024

What’s driving Japan’s love affair with wine certifications?

Studying wine is an extremely popular pastime in Japan — despite the number of students without a professional need to do so.
French President Emmanuel Macron on International Women's Day in Paris on March 8
WORLD / Politics
Mar 14, 2024

France faces centrist vacuum as far right builds momentum for presidency

A far-right presidency would be a transformational moment for France, Europe’s second largest economy.
In the weeks leading up to the Academy Awards, analysts believed the winner for best animated feature to be a toss-up between Hayao Miyazaki’s “The Boy and the Heron” and “Spider-Man: Across the Spider-Verse.”
CULTURE / Film / Wide Angle
Mar 15, 2024

An agile campaign helped Hayao Miyazaki score another Oscar award

Even the greats can use an assist when it comes to awards season in Hollywood, and Studio Ghibli has no shortage of supporters.
SpaceX's next-generation Starship spacecraft, atop its powerful Super Heavy rocket, lifts off on its third launch from the company's Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, on Thursday.
BUSINESS / Companies
Mar 15, 2024

SpaceX rocket makes successful test flight but is lost in descent

SpaceX's prior attempts have ended in spectacular explosions — but the company says this is an acceptable cost in its rapid trial-and-error approach.
Gold beans for sale inside a Luk Fook Holdings International jewelry store in Shanghai on Wednesday.
BUSINESS
Mar 16, 2024

Gold beans all the rage with China’s Gen Z as deflation bites

Weighing as little as 1 gram, the beans — and other forms of gold jewelry — are increasingly viewed as the safest investment bet for young Chinese.
Fans cheer during a friendly match between the Los Angeles Dodgers and the Kiwoon Heroes ahead of the Major League Baseball Seoul Series in Seoul on Sunday.
BASEBALL / MLB
Mar 18, 2024

MLB brings Shohei Ohtani, season openers and big dreams to Seoul

With a set of stars from the region, 2024 is turning out to be baseball’s moment in Asia.
Women attend a singing class at Mama Sunset, a learning center for middle-aged and senior people, in Beijing in January.
ASIA PACIFIC / Society
Mar 18, 2024

Silver lining: Tutoring the elderly is growing fast in China

The growth potential of the industry contrasts sharply with the decline of the after-school private tutoring sector following a crackdown in 2021.
Firefighters tackle a forest fire ravaging the Bolivian Amazon, in San Buenaventura, Bolivia, in November 2023.
ENVIRONMENT / Climate change
Mar 18, 2024

Reading the ruins of Amazon fires, scientists see crisis ahead

Fanned by drought, high winds and human felling, the forest is suffering unprecedented early-year fires.
Customers make a toast at an eatery in Tokyo. Many view Japan’s economy as being on the rise, and that of regional powerhouse China as declining. But how accurate is this narrative?
COMMENTARY / Japan
Mar 18, 2024

Japan is back, China is over. The trouble with narratives.

The idea that Japan and China's roles have flipped, with the former on the rise and the latter in decline, obfuscates important facts and trends.
Mamiko Tanaka (right), wife of Los Angeles Dodgers Shohei Ohtani, arrives at Incheon International Airport on Friday ahead of the 2024 MLB Seoul Series baseball games.
JAPAN / Society
Mar 18, 2024

A mystery no more: What we know about Ohtani’s wife

No one in the sports world is receiving as much attention right now as baseball superstar Shohei Ohtani — that is, besides his wife, Mamiko Tanaka.
The outdoor version of an "instant house," developed and set up by architect Keisuke Kitagawa in Wajima, Ishikawa Prefecture
JAPAN
Mar 19, 2024

'Instant Houses' used widely in Noto quake-hit areas

The structure, which can be erected in an hour, is 4 meters tall with a floor area of 20 square meters.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Tokyo police care for lost umbrellas, keys and flying squirrels
An employee at the Tokyo Metropolitan Police Department Lost and Found Center in the Iidabashi area of central Tokyo bags, tags and organizes thousands of items.
Japan to aid introduction of multilingual ride-hailing apps
A Nihon Kotsu Co. taxi departs one of the company's service offices in Tokyo.
Seven & I founding family sounded out KKR and others about buyout: report
A 7-Eleven convenience store in Tokyo
Tokyo’s newest three-star chef wants ‘harmony across every detail’
British-born Daniel Calvert earned his third Michelin star last month — a stunning achievement considering his restaurant, Sezanne, has only been open for just over three years.
133-year-old Kyushu railway station remains to be partially preserved
The remains of the original Moji Station in Kitakyushu
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
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.”

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?
By Kathryn Wortley

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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