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Warabeya Nichiyo Holdings has apologized after a video went viral that showed one of its rice ball products appearing to contain a cockroach at a Seven Eleven convenience store.
BUSINESS
Aug 7, 2023

Cockroach contamination sends rice-ball supplier’s stock reeling

The company said it is recalling all relevant goods from the factory in Omiya where the food was produced.
Members of a military council that staged a coup attend a rally at a stadium in Niamey, Niger, on Sunday.
WORLD / Politics
Aug 8, 2023

West African leaders to meet on Niger after junta defies deadline

The European Union and United States have welcomed the move, saying it allows more time for mediation.
Naomi Koshi, CEO of OnBoard K.K., says pressure from foreign investors is pushing Japanese companies to seek out more female board members.
BUSINESS / Companies
Aug 8, 2023

Foreign investor pressure spurs Japanese boards to appoint women

The scramble came after institutional investors set rules to vote against firms with few or no female board members.
Members and supporters of the San Francisco Taxi Workers Alliance attend a rally outside the California Public Utilities Commission headquarters in San Francisco on Monday.
BUSINESS / Tech
Aug 8, 2023

Will AI be an economic blessing or curse? History offers clues

History shows the economic impact of technological advances is generally uncertain, unequal and sometimes outright malign.
Nominal cash earnings for workers in June rose 2.3% from the previous year, decelerating from a revised 2.9% clip in the previous month.
BUSINESS / Economy
Aug 8, 2023

Wage growth slowed in June, boosting case for BOJ to hold firm

The unexpected slowdown suggests the labor market may be losing some steam, and clouds prospects for the Bank of Japan’s sustainable inflation goal.
A market in Kolkata, India. Developing nations are demanding control of their resources, in part by insisting on factories in their own countries.
BUSINESS / Economy
Aug 8, 2023

The Global South breaks away from the U.S.-led world order

Developing nations are demanding control over their resources and reordering relationship that date back to colonial times.
Softbank's Vision Fund unit swung to a profit of ¥61 billion in the quarter ended June, compared with a ¥2.33 trillion loss for the same period a year ago.
BUSINESS
Aug 8, 2023

Global tech stock rebound lifts SoftBank Vision Fund into profit

The fund logged a ¥61 billion profit in the quarter ended June — its first in over a year — compared with a ¥2.33 trillion loss a year ago.
People lie passed out on a sidewalk in the Tenderloin district of San Francisco in February 2020.
COMMENTARY / World
Aug 8, 2023

Is America’s soft power eroding?

San Francisco has changed from a hub of hippie culture and freedom in the 1960s and '70s, suggesting America's soft power is abating.
Onboard snack carts on shinkansen services between Tokyo and Osaka will end on Oct. 31, Central Japan Railway has said.
BUSINESS
Aug 8, 2023

End of the line for snack carts on Tokyo-Osaka shinkansen

End of popular service comes amid a looming labor shortage and the trend of more people buying food before boarding.
Containers stored at the Yangshan Deep-Water Port in Shanghai in 2020
BUSINESS
Aug 9, 2023

Not decoupling, but West and China drift apart

Official data showed a 14.5% drop in July exports amid weak consumer demand in the world markets served by China — the fastest decline since the pandemic.
U.S. President Joe Biden is flanked by Labor Secretary Marty Walsh (left) and Celeste Drake while delivering remarks at the White House in Washington in 2022.
BUSINESS / Companies
Aug 9, 2023

Biden's top labor adviser exits as U.S. navigates strikes: source

The departure comes at a critical time for an administration dealing with a summer of labor unrest.
Some strategists think that foreign investors, who had helped drive one of the world’s biggest rallies so far this year, may pose risks for Japan’s stock market in the second half.
BUSINESS / Markets
Aug 9, 2023

Global funds that drove Topix rally may now threaten Japan gains

A lack of bold policy measures by Prime Minister Fumio Kishida and China's economic slowdown are also seen as curbing the bullish trend.
A year of restraint in investments has helped SoftBank regain its financial footing, accumulating a cash pile of almost ¥6 trillion.
BUSINESS / Companies
Aug 9, 2023

SoftBank begins making investments again but ‘timidly with fear’

A year of restraint in investments has helped SoftBank regain its financial footing, accumulating a cash pile of almost ¥6 trillion.
Giorgia Meloni, Italy's prime minister, speaks during a joint news conference following her meeting with Olaf Scholz, Germany's chancellor, at the Chigi Palace in Rome on June 8.
BUSINESS
Aug 9, 2023

Meloni’s Italian populism puts investors and China on notice

The prime minister is doubling down on a state-led approach to managing prosperity, unsettling markets and testing relations with China.
Australia's Matildas have led the way in urging FIFA to provide equal compensation to men's and women's teams competing at World Cups.
SOCCER / Women's World cup
Aug 9, 2023

Unions gain momentum as World Cup women push for pay parity

Though the disparity is still great, women's soccer players have won better deals that have changed the playing field in recent years.
LNG Japan, a joint venture owned by Sumitomo and Sojitz, have inked a deal for a stake in a giant natural gas project off Australia.
BUSINESS
Aug 9, 2023

LNG Japan inks ¥126 billion deal to join Australian gas project

The move will secure supply of a fossil fuel Japan expects will retain a key role in its energy mix.
Now in their fourth year, Hong Kong's security crackdowns have led to the exodus of hundreds of thousands of people, resulting in grave manpower shortages and a stain on the city's image as place to do business.
COMMENTARY / World
Aug 9, 2023

Hong Kong needs to protect its image as a financial center

In Lee’s view, while reviving Hong Kong’s role as a global financial center, it is vital to continue the crackdown on perceived threats.
Visitors at the Todaiji temple in Nara in June
JAPAN / Society
Aug 10, 2023

China lifts pandemic-era ban on group tours to Japan

The decision marks the first time since January 2020 that groups of Chinese tourists will be allowed to visit Japan.
U.S. President Joe Biden in Washington on July 21. On Wednesday, Biden signed an executive order that will prohibit some new U.S. investment in China in sensitive technologies like computer chips, and require government notification in other technology sectors.
WORLD / Politics
Aug 10, 2023

Biden orders ban on U.S. investment in key Chinese technologies

The order restricts investments in semiconductors and microelectronics, quantum information technologies and certain artificial intelligence systems.
Sony, a key supplier of image sensors to Apple and other device-makers, has said it doesn’t expect demand in the mobile phone market to bounce back until next year at the earliest.
BUSINESS / Companies
Aug 10, 2023

Sony falls most in a year as smartphone demand fails to recover

The Tokyo-based company’s operating income fell 31% in the first fiscal quarter because of sharp declines in the movie and sensor groups.
Smoke billows as wildfires driven by high winds destroy a large part of the historic town of Lahaina in Mauii County, Hawaii, on Wednesday.
WORLD
Aug 10, 2023

Hawaii wildfires kill 36 as 'apocalypse' hits resort city

Multiple neighborhoods were burnt to the ground as the western side of the island was nearly cut off.
Japan's wholesale inflation slowed in July year-on-year due to softer energy costs.
BUSINESS / Economy
Aug 10, 2023

Japan's wholesale inflation slowed in July for seventh month

The slowing pace of increases, due to softer energy utility costs, suggest pressures that drove up consumer prices are running their course.
People buy food at stalls promoting China's digital yuan, or e-CNY, during the 2022 China International Fair for Trade in Services in Beijing in September 2022.
BUSINESS / Markets
Aug 10, 2023

With blockchain 'bridge', China challenges U.S. dollar dominance

A Beijing-backed digital prototype for sending money around the world without relying on U.S. banks is advancing quickly.
Logistics companies have started asking truck drivers to use sleep-tracking devices.
BUSINESS / Companies
Aug 10, 2023

Japan truck industry monitors drivers' sleep ahead of overtime cap

Firms are asking drivers to use mattress sleep trackers and wearables as they ready for an expected industry-wide crunch once overtime is limited.
Policemen stand guard outside the hospital where presidential candidate Fernando Villavicencio was taken after being shot at a rally in Quito on Wednesday. Mr. Villavicencio, a 59-year-old journalist, was one of eight candidates in the Aug. 20 presidential election.
WORLD / Crime & Legal
Aug 10, 2023

Ecuador presidential candidate Fernando Villavicencio assassinated

A suspect in the crime later died of injuries sustained in a shoot-out. The violence injured nine others, including a candidate for the legislature.
A bulk carrier transits through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama, on April 19.
BUSINESS / Economy
Aug 11, 2023

Drought-hit Panama Canal lets more unbooked ships pass

Around 70% of canal traffic comes from or goes to the U.S., where retailers like Walmart, Amazon and Target prep for winter holiday sales.
Japan midfielder Yui Hasegawa controls the ball during a training session in Auckland on Tuesday.
SOCCER / Women's World cup
Aug 11, 2023

Rejuvenated Nadeshiko Japan 'ready to fight against anyone'

Japan, a sagging power suddenly revived, might be the most impressive contender remaining in the Women's World Cup.
As long as coal plants are still operating, it is a good idea to make them capture their carbon dioxide emissions. But the sooner that coal is replaced by renewables, the better it will be for the planet.
COMMENTARY / World
Aug 11, 2023

Carbon capture and the changing economics of power generation

Carbon capture policies could unwittingly extend the life of dirtier energy sources.
An office of OpenAI, the creator of ChatGPT, in San Francisco. The firm recently assured corporate partners that their data would not be used to train the chatbot further.
BUSINESS
Aug 12, 2023

ChatGPT fever spreads to U.S. workplace, sounding alarm for some

Some 28% of respondents to an online poll on artificial intelligence said they regularly use ChatGPT at work.
Leaders at Sweden's Psychological Defense Agency, a state agency, in Stockholm
WORLD / Society
Aug 14, 2023

Sweden is not staying neutral in Russia’s information war

Officials say the Kremlin has targeted Sweden with a concerted psychological campaign to discredit the country and undermine its bid to join NATO.

Longform

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