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Kei Umeda, CEO of Mizuho Trust & Banking, speaks during an interview in Tokyo on Nov. 27.
BUSINESS
Dec 5, 2023

Mizuho sees firms scrambling to meet TSE's capital efficiency call

In January the Tokyo bourse will start publishing a list of companies that have disclosed action plans in line with its call to improve use of capital.
Japanese hotels have been among the most popular real estate investments in the Asia-Pacific region this year.
BUSINESS / Companies
Dec 5, 2023

Blackstone buys Kyoto hotel from Goldman in $54 million deal

Japanese hotels have been among the most popular real estate investments in the Asia-Pacific region this year.
A representative for Morgan Stanley, which in August said it was 70% of the way toward reaching the $1 trillion in sustainable financing it’s told investors it will achieve by 2030, declined to comment beyond referring to the bank’s latest ESG report.
BUSINESS / Companies
Dec 5, 2023

What banks really mean when they put trillions into ESG

With each bank announcing a different target, investors are left with little insight into the ways in which banks are defining what’s sustainable.
Former British Prime Minister Boris Johnson signing the Brexit trade deal with the EU in London on Dec. 30, 2020.
BUSINESS / Companies
Dec 6, 2023

Three years on, U.K. factories still face Brexit challenges

A survey by trade body Make U.K found that 90% of businesses felt post-Brexit trading arrangements were still disrupting trade with the EU.
Kirishima waves to fans as he celebrates his second Emperor's Cup, in Fukuoka last month.
SUMO / INSIDE SUMO
Dec 6, 2023

Wild 2023 the storm before the calm for Japan’s national sport

The sport finished on a high this year, setting up enticing possibilities for 2024 as several potential stars emerge.
Officials from iQPS celebrate in the city of Fukuoka in June after the successful launch of a rocket carrying a small satellite developed by the firm.
BUSINESS / Companies
Dec 6, 2023

Satellite imagery startup iQPS surges 82% in Tokyo debut

The stock opened at ¥860 per share versus its IPO price of ¥390, with trading delayed by nearly five hours due to a glut of buy orders.
While broad-based action at the COP28 summit is critical, the fact is that just a few key actors such as the U.S., China and India have the power to bring about a radical reduction in global emissions.
COMMENTARY / World
Dec 6, 2023

COP28 can deliver progress on climate change, but will it?

Committed global climate action at every level of government, the economy, and society is needed to tackle such a complex, multifaceted challenge.
As a customer for Renault's combustion-engine venture, Nissan will receive gearboxes and engines for 12 of its plants.
BUSINESS / Companies
Dec 6, 2023

Nissan to buy engines and gearboxes from Renault-Geely venture

The step is part of a major revamp of the firms working together following years of growing tensions.
Rakuten Bank executives hold a placard showing the company logo during a ceremony to mark the company's debut on the Tokyo Stock Exchange on April 21.
BUSINESS / Companies
Dec 6, 2023

Rakuten to raise up to $433 million with further sale of bank unit

The planned sale of 25.5 million shares is equivalent to just under 15% of the online bank, according to LSEG data.
Few could have predicted what artificial-intelligence proponents are dreaming up these days.
BUSINESS / Tech
Dec 7, 2023

Wall Street quants see mixed results from chatbots amid AI boom

As AI tools get more sophisticated, companies are updating their presentations to incorporate a positive vocal tone and upbeat sentences, research shows.
Traffic along a highway amid heavy smog and pollution in New Delhi in November
ENVIRONMENT / Energy
Dec 7, 2023

As China enjoys cleaner air, India's pollution struggle continues

Huge swaths of northern India choke on clouds of polluted air during winter as temperatures drop, winds disappear and farmers set fields ablaze.
Ground Self-Defense Force personnel take part in a military drill involving a V-22 Osprey aircraft in June 2022.
EDITORIALS
Dec 8, 2023

The Osprey crash has lessons for the U.S.-Japan alliance

The U.S. and Japan bungled the initial response to the crash of an Osprey aircraft in Japan. Both must learn to improve communication in the future.
Kubura fishing port and Kubura district on the island of Yonaguni, Okinawa Prefecture
JAPAN
Dec 17, 2023

Frontier islanders decry lack of plan to aid fleeing Taiwanese

Concerned about the potential for a China-Taiwan conflict, Japan has embarked on its biggest defense buildup since World War II.
Rina Gonoi, a former member of the Self-Defense Forces, who has accused colleagues of sexually assaulting her during her time in the military, speaks in Yokohama on Friday.
JAPAN / Crime & Legal
Dec 11, 2023

Former Japanese soldier fights for justice in landmark sexual assault case

A former Self-Defence Forces member's yearslong fight for justice against the men she has accused of sexually assaulting her will reach a climax on Tuesday when a court delivers a verdict in a trial that has drawn international attention.
Israeli soldiers keep position on a hill overlooking northern Gaza on Monday.
WORLD
Dec 12, 2023

Gaza destruction worse than in WWII Germany, EU's top diplomat says

Josep Borrell considers Israel's military operation to be disproportionate in terms of civilian deaths and damage to civilian property and infrastructure.
Hayao Miyazaki’s “The Boy and the Heron” received Golden Globes nominations for best animated motion picture and best original score for a motion picture this week.
CULTURE / Entertainment news
Dec 12, 2023

'The Boy and the Heron' and 'Godzilla Minus One' win over U.S.

While both Japanese films broke records at the North American box office, Hayao Miyazaki's latest also received two Golden Globes nominations.
The partnership between Nissan and Renault was jolted in 2018 by the arrest of Carlos Ghosn, chairman of both companies.
BUSINESS / Companies
Dec 12, 2023

Renault selling part of Nissan stake to partner for €765 million

The move follows last month’s finalization of a plan for Renault to reduce its interest in Nissan.
The development of AI worries many, including Sam Altman, who testified in Congress in May that he was "nervous" about the technology's ability to compromise election integrity.
BUSINESS / Tech
Dec 12, 2023

A look at the world's first AI-powered political campaign caller

Ashley is one of the first examples of how generative AI is ushering in a new era of political campaigning.
Shingo Takashima, a 26-year-old doctor, killed himself three months into his specialty doctor training at a general hospital in Kobe.
JAPAN / Society / FOCUS
Dec 13, 2023

Young doctor’s suicide highlights overwork culture at Japan hospitals

The issue is coming into sharper focus ahead of the April implementation of a legal cap on doctors’ overtime.
The Tokyo headquarters of the Unification Church in Shibuya Ward
JAPAN / Crime & Legal
Dec 13, 2023

Japan enacts law to monitor Unification Church assets

The special legislation is designed to ensure that victims of the organization's malpractices have a source of relief.
Since starting out as a venue for short, silly lip-syncing videos, TikTok has emerged as an incubator for consumer trends, with millions of people trying on clothes and reviewing products.
BUSINESS / Companies
Dec 13, 2023

TikTok Shop sees early success, taking aim at giant Amazon

In a sign of how seriously Amazon is taking TikTok, the company cut deals with Pinterest, Meta and Snapchat to let users shop without leaving those apps.
Shohei Ohtani is joining a franchise that has long been a trailblazer in an increasingly diverse and global game.
BASEBALL / MLB
Dec 13, 2023

In a land of stars, Los Angeles can’t stop talking about Ohtani

Dodgers fans were still beside themselves days after Ohtani agreed to the most lucrative contract in sports history.
Israeli soldiers light candles to mark the Jewish holiday of Hanukkah near the country's border with the Gaza Strip on Wednesday.
WORLD / Politics
Dec 14, 2023

Israelis want Hamas crushed despite Gaza casualties and U.N. rebuke

They consider the ongoing offensive — and the "terrible" cost that comes with it — as necessary in wiping out an existential threat, polls indicate.
Japan head coach Eddie Jones celebrates after the team's victory over the U.S. at the 2015 Rugby World Cup.
MORE SPORTS / Rugby
Dec 14, 2023

Make friends, start winning again: Eddie Jones' to-do list

Here are five challenges facing 63-year-old Eddie Jones as he returns to the Brave Blossoms.
Shohei Ohtani puts on a Dodgers cap and uniform during his introductory news conference at Dodgers Stadium in Los Angeles on Thursday.
BASEBALL / MLB
Dec 15, 2023

Shohei Ohtani says shared commitment to winning led him to Dodgers

The one-of-a-kind talent received a Hollywood intro Thursday as he began his new chapter with the Los Angeles Dodgers.
While Hayao Miyazaki’s return to filmmaking, “The Boy and the Heron,” did not attain the ¥10 billion milestone that the beloved animator’s movies had once routinely surpassed, it debuted at the top of the North American box office and became the first original anime film to lead the box office in the United States and Canada.
CULTURE / Film / 2023 in Review
Dec 15, 2023

Japan’s auteurs and anime triumphed in 2023

From Hayao Miyazaki's “The Boy and the Heron” to Hirokazu Kore-eda’s “Monster,” the box-office hits kept coming.
What makes a good gift guide? The answers are as varied as they are complex.
LIFE / Lifestyle
Dec 16, 2023

The naughty and nice of creating holiday gift guides

The most shoppable gift guides, some say, suggest products that are novel but useful, surprising but thoughtful, affordable but not cheap.
Media mogul Jimmy Lai, the founder of now-shuttered pro-democracy newspaper Apple Daily and one of the most prominent Hong Kong critics of China's Communist Party leadership, has faced a salvo of litigation since a wave of pro-democracy demonstrations in 2019.
ASIA PACIFIC / Politics
Dec 15, 2023

China crackdown on Hong Kong in focus as Jimmy Lai goes on trial

Media tycoon faces possible life imprisonment on charges he colluded with foreign forces, including the U.S.
People take shelter in the Khreshchatyk metro station during an air strike alarm in Kyiv on Thursday amid the Russia invasion of Ukraine.
JAPAN
Dec 15, 2023

Japan expands sanctions over Russia's Ukraine invasion

Tokyo added to its sanctions list 57 organizations in Russia and six others in countries.
A Japanese monk rings the bell at his temple. The bell is rung 108 times on New Year's Eve, a way to cleanse ourselves of the worldly desires.
LIFE / Language / BILINGUAL
Dec 29, 2023

The year’s end provides us a chance to consider the passage of time

There are plenty of Japanese words that express the passage of time, whether it's a matter of years or the blink of an eye.

Longform

Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Japan’s sauna movement: Relax, refresh, repeat