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Supporters of TikTok gather outside the U.S. Capitol in Washington on Wednesday.
WORLD / Politics
Mar 14, 2024

U.S. House passes bill to force ByteDance to divest TikTok or face ban

The fate of TikTok, used by about 170 million Americans, has become a major issue in Washington.
The Biden administration has regularly sent warnings about Nippon Steel's proposed purchase of U.S. Steel and has steadfastly sided with the United Steelworkers over the sale of a once-iconic firm based in Pennsylvania, a crucial swing state.
BUSINESS / Companies
Mar 14, 2024

Biden to express concern over Nippon Steel's deal for U.S. Steel, source says

U.S. officials and lawyers have drafted a statement of concern and the White House has privately informed Tokyo of Biden's move, according to reports.
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.
Czech Republic's Ondrej Satoria pitches against Japan during the World Baseball Classic at Tokyo Dome on March 11.
BASEBALL
Mar 14, 2024

Ondrej Satoria reflects on electric WBC showdown against Shohei Ohtani

Satoria, an electrician by day, struck out the Japanese superstar during the World Baseball Classic.
The results of wage negotiations between companies and labor unions are written on a whiteboard at the office of the Japan Council of Metalworkers' Unions in Tokyo on Wednesday.
BUSINESS / Companies
Mar 15, 2024

Japan’s labor unions win big pay raises for members

The preliminary figure for the average hike stands at a 33-year high of 5.28%, according to Japan’s largest labor organization.
Justice Minister Ryuji Koizumi speaks to reporters about the new system to train foreign workers in the parliamentary building on Friday.
JAPAN
Mar 15, 2024

Government OKs bill for new foreign worker training system

The new system is expected to begin as early as 2027 if the legislation is enacted.
Cho Minn Thant, CEO and commissioner of the Asian Tour, during the International Series Macau tournament on Saturday
MORE SPORTS / Golf
Mar 16, 2024

Asian Tour rising above splintered golf's 'turmoil,' says CEO Cho

Cho also said the circuit's decision to partner with upstart LIV had "worked out well" for players.
Nvidia's CEO Jensen Huang displays products onstage during the annual Nvidia GTC Artificial Intelligence Conference at SAP Center in San Jose, California, on Monday.
BUSINESS / Tech
Mar 19, 2024

Nvidia unveils 'superchip' successor to all-conquering AI processor

The new chip, multiple times faster at handling AI models, will be the basis of new computers being deployed by the world’s largest data center operators.
Russian President Vladimir Putin attends a meeting in Moscow in February via video link.
WORLD / Politics
Mar 19, 2024

What are Putin's top challenges in new six-year term?

Putin won six more years in the Kremlin with a landslide victory in an election where he faced no serious competition. Now he faces important challenges.
Takahiro Mori, Nippon Steel's executive vice president, said the company will move its U.S. headquarters to Pittsburgh if it succeeds in acquiring U.S. Steel.
BUSINESS / Companies
Mar 19, 2024

Nippon Steel pledges to move U.S. HQ to U.S. Steel's Pittsburgh

The Japanese steelmaker will move its existing headquarters in the U.S., which is in Houston, in addition to keeping U.S. Steel's headquarters.
Hong Kong leader John Lee (center) with lawmakers after they passed the city's new security law. Hong Kong has fast-tracked into law domestic security legislation that critics say could muzzle open economic discussion and tighten control over foreign bodies operating in the global finance hub.
BUSINESS
Mar 20, 2024

Hong Kong's new security law only deepens challenges for financial hub

While the city’s role as a financial center dwarfs that of rivals, more firms are choosing Singapore as their Asian base.
Tokyo's Kasumigaseki district, where government ministries and agencies are concentrated
JAPAN
Mar 21, 2024

More retired government employees want to work beyond 65

The most common reason, cited by 85.7% of the respondents, was to maintain their standard of living.
Global demand for the hardware that underpins AI has sparked an economic recovery in Taiwan, giving policymakers room to focus on battling inflation.
BUSINESS / Tech
Mar 21, 2024

AI frenzy gives Taiwan central bank room to battle inflation

Taiwan’s exports and benchmark stock indexes have gained over the past few months, even as growth in major overseas markets remains weak.
Dating back to its time as a marginal player in the personal computer market, Apple's business model has long been based on charging users a premium for technology products where the company dictates nearly all of the details of how the device works and can be used.
BUSINESS / Companies
Mar 22, 2024

Apple accused of monopolizing smartphone markets in U.S. antitrust lawsuit

The suit seeks to free markets from the iPhone maker's "anticompetitive and exclusionary conduct and restoring competition to lower prices for consumers."
A lack of comprehensive consumption — and inflation — data makes it impossible to get an accurate picture of India's poverty.
COMMENTARY / World
Mar 21, 2024

India’s poor will not be wished away

Poverty remains deeply entrenched in India and appears to have increased significantly.
A coal-fired power plant in Shanghai in October 2021. For years, analysts expected coal production to plateau after it hit a then-record in 2013. Then came 2021, when power shortages in China set Beijing on a path to order more mining to ensure energy security.
ENVIRONMENT / Energy
Mar 24, 2024

Coal, the dirtiest fossil fuel, is preparing for a long goodbye

Output hit a record last year, and producers expect a future where coal will be required to balance renewable energy for decades.
Some 43% of Gen Z and 41% of millennials say they suffer from a flawed perception of their finances.
COMMENTARY / World
Mar 24, 2024

'Money dysmorphia' traps the younger generations

Some 43% of Gen Z and 41% of millennials say they suffer from a flawed perception of their finances.
Japan's Evelyn Mawuli (left) goes on the attack as Canada's Laeticia Amihere plays defense in the first quarter of an Olympic women's basketball qualifier on Feb. 11 in Sopron, Hungary.
BASKETBALL
Mar 25, 2024

Basketball star thrives on court again after putting herself first

Evelyn Mawuli is helping to normalize career breaks for reasons other than physical health.
The Central business district of Hong Kong. Hong Kong IPOs have dried up as stock prices slump and economic prospects wane.
BUSINESS
Mar 25, 2024

Once high-flying bankers in Hong Kong become a lost generation

The damage is underscored by the barrage of layoffs, the retreat of global capital, and the city’s diminishing role as an international financial center.
BOJ Gov. Kazuo Ueda takes questions during a news conference. The bank's monetary policy overhaul announced last week was known by some Japanese media before it was made public.
COMMENTARY / Japan
Mar 25, 2024

The BOJ has sprung a leak. Japan must investigate.

The bank's policy of disclosing information selectively to certain media is harmful and needs to be looked into, as slip-ups in other countries show.
Though renewable energy can significantly reduce carbon emissions, if growth remains the global economic imperative, increased energy use will prevent us from reaching decarbonization goals.
COMMENTARY / Japan
Mar 25, 2024

A call for economic degrowth

To achieve the systemic change needed to tackle the climate crisis, we must abandon GDP as the measure of social progress. This is what degrowth calls for.
Two people try to take a selfie under the illuminated cherry blossoms in Kyoto’s Gion district last year.
PODCAST / deep dive
Mar 25, 2024

Sakura stories revisited: Getting in the mood for hanami

We are revisiting some past content on the science, economics and culture of cherry blossom season.
International bankers in Tokyo say their compensation remain a fraction of pay in other financial hubs despite booming markets in Japan.
BUSINESS / Companies
Mar 26, 2024

Bonuses at Japan's global banks underwhelm despite booming markets

Bonuses at international investment banks fell by about 10% on average in Tokyo for 2023, bankers and recruiters have said.
Jacky Im, Elizabeth Chan and Kate Maco are the founders of Neptune Robotics, a firm building robots that remove debris from the hulls of ships to improve fuel efficiency and reduce emissions.
BUSINESS / Tech
Mar 27, 2024

Underwater robots offering practical route to greener shipping

Technology that removes the algae, barnacles and debris that accumulate on ships' hulls can reduce drag and improve fuel efficiency.
University students take part in an internship program offered by Tokyo Marine & Nichido Fire Insurance in Tokyo's Shibuya Ward in August.
BUSINESS / Companies
Mar 27, 2024

About 70% of firms in Japan now offer employment-linked internships

Companies in Japan were newly allowed to offer employment-linked internships starting from their recruitment drive for students graduating in spring 2025.
An online army of Chinese nationalists have taken it upon themselves to punish perceived insults to the country — including from some of China’s leading business figures.
ASIA PACIFIC / Politics
Mar 27, 2024

Why are China’s nationalists attacking the country’s heroes?

Many of the grievances seem to be fueled by discontent over China’s economic malaise, potentially making it harder for authorities to quell public anger.
Williams' Alexander Albon drives during the Australian Formula One Grand Prix in Melbourne on Sunday.
MORE SPORTS / Auto Racing
Mar 29, 2024

Williams will have two cars but still no spare in Japan

Team principal James Vowles said that both Williams drivers would be racing at Suzuka.
California’s share of U.S. wine production, around 90% in the 1990s and 2000s, dropped below 80% for the first time on record in 2022.
COMMENTARY / World
Mar 27, 2024

Who will save the U.S. wine industry? Not California boomers.

California’s share of U.S. wine production, around 90% in the 1990s and 2000s, dropped below 80% for the first time on record in 2022.
U.S. Vice President Kamala Harris delivers remarks at the Chavis Community Center in Raleigh, North Carolina, on Tuesday.
WORLD / Politics / FOCUS
Mar 30, 2024

Kamala Harris pushes the envelope as Biden struggles with some Democrats

The U.S. vice president's new role is seen as part of a high-profile effort to persuade the fractious coalition of voters to give them a second term.
Cranes begin the clean-up of the collapsed Francis Scott Key Bridge and the container ship Dali in Baltimore, Maryland, on Saturday.
WORLD
Mar 31, 2024

Salvage crews work to lift first piece of collapsed Baltimore bridge

Five days after the tragedy, the jobs of some 15,000 people whose work revolves around daily port operation are on hold.

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