Search - business

 
 
The Dongmenting night market in Shenzhen, China, on Feb. 12. Hong Kong residents are flocking to nearby mainland cities in record numbers for cheaper shopping and entertainment.
ASIA PACIFIC
Mar 4, 2024

Young Hong Kongers who defied Xi are now partying in China

Thanks to new infrastructure, they can regularly go to Shenzhen where products and services are cheaper.
Plaintiffs who have filed a lawsuit over Japan's separate surname rule head into the Tokyo District Court on Friday.
JAPAN / Crime & Legal
Mar 8, 2024

Group files lawsuit over Japan law that mandates couples share a surname

Similar lawsuits have been filed before, but public opinion appears to be shifting in favor of allowing couples to have separate surnames.
Tokyo Electric Power Company Holdings' Fukushima No. 1 plant. Tepco has a long way to go to achieve its profits target for financing compensation, reconstruction and the decommissioning of the plant, following the eruption of the March 2011 nuclear crisis.
JAPAN
Mar 10, 2024

Tepco profit goal remains elusive, 13 years after triple meltdown

The total costs related to the nuclear crisis are estimated at ¥23.4 trillion, including ¥8 trillion for decommissioning the Fukushima No. 1 plant.
Former British Prime Minister David Cameron (right) and former Deputy Prime Minister Nick Clegg are both experiencing a revival in U.K. political and business circles.
COMMENTARY / World
Mar 10, 2024

Has the U.K. learned nothing from Brexit?

The current success of David Cameron and Nick Clegg in the U.K. suggests that the country — and the world — have learned little from populism's rise.
India's Prime Minister Narendra Modi waves to supporters from a car after offering prayers at the Kashi Vishwanath Hindu temple in Varanasi on Saturday.
WORLD / Politics
Mar 13, 2024

Modi ramps up campaign to position India as alternative to China

Efforts to integrate the country into global supply chains come ahead of elections in which the Indian premier is seeking to extend his decade in power.
A farmers open cocoa pods in Cote d’Ivoire in October 2018. Many West African farmers make just enough to subsist, with most lacking the means to re-invest in their small plots.
COMMENTARY / World
Mar 13, 2024

The meltdown in chocolate is coming as prices signal supply shortages

It’s worth remembering that cocoa beans traded a year ago for $2,500 and that in 2000 they changed hands at just $650.
Made by Karimoku, Keiji Ashikawa’s design of the JAL Boeing 777 cabin window stool uses an outer window pane from the plane as a transparent seat set on a base comprising recycled oak off-cuts.
LIFE / Style & Design / ON: DESIGN
Mar 16, 2024

Recycling old JAL planes and bullet trains into design treasures

This month, On: Design looks at recycled products designed to rev the engines of plane and train enthusiasts.
Supporters await the arrival of Indian Prime Minister Narendra Modi at a campaign event in Hyderabad on Friday.
ASIA PACIFIC / Politics
Mar 16, 2024

Data dump exposes the fuzzy lines between money and politics in India

Reading between the lines of the spreadsheets full of names poses questions about the intersection of government and business in India.
Lawmakers vote on the new national security law at Hong Kong’s Legislative Council on Tuesday.
ASIA PACIFIC / Politics
Mar 19, 2024

Hong Kong adopts sweeping security laws, bowing to Beijing

The body fast-tracked a major piece of legislation that critics say further threatens the China-ruled city's freedoms.
Republican presidential candidate and former U.S. President Donald Trump speaks at a rally in Vandalia, Ohio, earlier this month.
COMMENTARY / World
Mar 20, 2024

The zombification of American politics

Turning a party into an autocracy is a logical first step toward turning the country into one.
A soup kitchen distributes food in Havana on Jan. 15. The communist government of Cuba is grappling with its worst economic situation since the collapse of the Soviet Union more than three decades ago.
COMMENTARY / World
Mar 20, 2024

Communist Cuba is on the brink of collapse

The communist government of Cuba is grappling with worst economic situation since the collapse of the Soviet Union.
Giant cut-outs of Indian Prime Minister Narendra Modi and other party leaders are positioned beside a road in the Indian state of Madhya Pradesh on Feb. 25.
ASIA PACIFIC
Mar 21, 2024

Hardships and broken promises no hindrance for Modi in India's rural north

If India's prime minister earns a third term in office, it will be in spite of the state of the rural and farming economy — not because of it.
Bank of Japan Gov. Kazuo Ueda speaks during a news conference on Tuesday after the central bank ended its ultra-aggressive monetary stimulus program and scrapped the world's last negative interest rate.
EDITORIALS
Mar 22, 2024

The BOJ's rate hike is both more and less than it seems

There are some fears that the BOJ's return to a positive interest rate environment threatens weak companies.
Fans of Los Angeles Dodgers star Shohei Ohtani outside the Gocheok Sky Dome in Seoul on Wednesday.
MORE SPORTS
Mar 22, 2024

MLB games streamed to skeptical South Korean fans herald global shift

There’s still no dominant sports broadcaster or streamer that serves all of Asia, and that means that there will be fierce competition.
Los Angeles Dodgers' Shohei Ohtani and his then-interpreter, Ippei Mizuhara, attend a news conference at Gocheok Sky Dome in Seoul on March 16, ahead of the 2024 MLB Seoul Series baseball game between the Dodgers and San Diego Padres.
BASEBALL / MLB
Mar 23, 2024

MLB launches investigation into scandal involving Ohtani and ex-interpreter

MLB is expected to request interviews with all parties, including Ohtani and Ippei Mizuhara, the slugger's longtime interpreter and close friend.
A worker helps assemble the fuselage of a BK117 helicopter at Kawasaki Heavy Industries’ Gifu plant in Kakamigahara, Gifu Prefecture.
JAPAN / Regional voices: Chubu
Apr 1, 2024

Kawasaki Heavy’s Gifu plant produces helicopters for disaster aid

The company's BK117 aircraft has been adopted by Gifu Prefecture and many other municipalities for disaster aid.
Legislative Council lawmakers in Hong Kong unanimously voted in favor of a new national security law on Tuesday. The legislation introduces penalties such as life imprisonment for crimes related to treason and insurrection.
COMMENTARY / World
Mar 25, 2024

Is Hong Kong headed for a rubber-stamp legislature?

With the unanimous passing of the new national security law, Hong Kong's "patriotic" council has shown that its willingness to toe the government line.
The giant green signs of this supermarket chain can be slightly intimidating, but chefs of all stripes are welcome in Gyomu's aisles.
LIFE / Food & Drink
Mar 31, 2024

In praise of Gyomu Super, a gem of Japanese grocery shopping

With a name that translates to something like “commercial supermarket,” you might assume Gyomu is just a restaurant supply chain.
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.
Around 90% of China’s increased oil demand between 2021 and 2024 comes from chemical feedstocks, driven by the manufacturing of products such as those sold by fast-fashion retailers Shein and Tamu.
COMMENTARY / World
Apr 1, 2024

China's Shein and Temu are driving oil, not Toyota and GM

The cause behind recent a surge in China's oil demand is not to be found in people's transport habits, including car use, but in fast-fashion clothing.
Leftover premium-brand chocolate, originally slated for disposal, is made available for purchase at a discount in Tokyo's Chuo Ward on Feb. 15, the day after Valentine's Day.
JAPAN / Society
Apr 3, 2024

Efforts to reduce food waste find support in Japan but still face challenges

Initiatives are being introduced to avoid the waste of seasonal delicacies, but challenges such as entrenched commercial customs persist.
Recent research suggests that within developed countries, the old positive relationship between status and fertility is re-emerging.
COMMENTARY
Apr 3, 2024

The wealthy are starting to have more babies than the poor again

After a century during which higher income and status meant fewer children, the current trend is potentially a momentous change.
Last December, Nintendo postponed the Splatoon Koshien finals and Mario Kart 8 Deluxe World Championship, as well as cancel Nintendo Live Tokyo, citing threats leveled at both attendees and personnel.
JAPAN / Crime & Legal
Apr 4, 2024

Ibaraki man arrested over death threats sent to Nintendo

The man allegedly sent 39 messages through an inquiry form on Nintendo's official website, threatening to kill people at the gamemaker's events.
Yuki Tsunoda attends a promotional event ahead of the Japanese Grand Prix, in Tokyo on Wednesday.
MORE SPORTS / Auto Racing
Apr 5, 2024

Japan favorite Tsunoda looks to shift career into higher gear at Suzuka

Without a race seat yet for 2025, the driver's future is up in the air.
Migrant workers from Tajikistan in an apartment shared by 18 people in Moscow in May 2020. The main suspects in the deadly assault are from Tajikistan. Now many other Tajiks, who fill jobs in Russia’s wartime economy, are being deported and harassed.
WORLD / Politics
Apr 6, 2024

In Moscow attack, a handful of suspects but 1 million Tajiks under suspicion

Many Tajiks who fill jobs in Russia’s wartime economy are being deported and harassed.
Flames blaze from a chimney at Western Europe's largest liquefied natural gas plant, Hammerfest LNG, in Hammerfest, Norway, on March 14.
ENVIRONMENT / Climate change
Apr 9, 2024

Banks made big climate promises. A new study doubts they work.

Researchers found a reduction in lending to sectors targeted under the pledges was the same as for banks that had not made the same commitment.
U.S. President Joe Biden waves with Prime Minister Fumio Kishida and his wife, Yuko, as first lady Jill Biden looks on at the White House in Washington on Tuesday.
JAPAN / Politics
Apr 10, 2024

Kishida kicks off state visit to U.S., with allies set for 'historic' defense upgrade

The state visit, which will include all the trimmings — including a swanky gala banquet — will be the culmination of years of deepening cooperation.
Discomfort and life lessons ensue after a 60-something-year-old man (Shofukutei Tsurube, center) marries a much younger woman (Ayami Nakajo, left) while living with his 39-year-old daughter (Noriko Eguchi) in “Amalock.”
CULTURE / Film
Apr 11, 2024

‘Amalock’: Family comedy plays questionable age gap for laughs

Noriko Eguchi delivers a relatable performance as a woman who is disconcerted by her father’s marriage in Kazuhiro Nakamura’s film.
Los Angeles Dodgers designated hitter Shohei Ohtani during a spring training game on March 12.
BASEBALL / MLB
Apr 15, 2024

Ohtani’s dizzying three weeks end in exoneration by authorities

At times, baseball’s biggest star seemed in danger of being tainted by a gambling scandal, before his longtime interpreter was charged with fraud.
Canada has become ground zero for Facebook's battle with governments regarding laws that force internet giants to pay media companies for links to news published on their platforms.
WORLD / Politics
Apr 15, 2024

When Facebook blocks news, studies show the political risks that follow

The blocking of news links has led to changes in the way Canadian Facebook users engage with information about politics, two unpublished studies found.

Longform

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