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November 24, 2024
 

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A meeting is held in Tokyo on July 28 to decide on the recommended minimum wages.
BUSINESS
Aug 18, 2023

Some minimum wage hikes in Japan to top government recommendation

The new minimum wages for fiscal 2023, which began in April, will take effect in stages beginning Oct. 1.
A man examines the rates at a currency exchange office in Moscow on Monday.
BUSINESS / Economy
Aug 19, 2023

Russia’s powerful split into squabbling factions over the ruble

Sparring over the ruble’s plunge focused on what caused it just as much as on what to do about it.
Members of the Japanese Trade Union Confederation, commonly known as Rengo, raise their fists as they cheer during their annual May Day rally to demand higher pay and better working conditions, in Tokyo, in April.
BUSINESS / Economy
Aug 19, 2023

Japan eyes expanding tax breaks for firms raising wages

The industry ministry will include plans to expand the program in its tax system reform proposal for fiscal 2024, which starts next April.
Elon Musk
BUSINESS / Tech
Aug 19, 2023

Elon Musk says X will strip ability to block accounts

The block function on X allows a user to restrict specific accounts from contacting them, seeing their posts or following them.
The site of a missile strike in the center of Chernihiv, Ukraine, on Saturday
WORLD
Aug 20, 2023

Seven killed in Russian missile strike on Ukraine's Chernihiv

The dead included a 6-year-old girl, while 144 were wounded after the Russian strike on a central square in the historic northern Ukrainian city.
U.S. President Joe Biden speaks during a news conference at Camp David in Maryland on Friday.
BUSINESS / Economy
Aug 20, 2023

Biden wants to sell his economic plan. But there's a problem.

The White House is embracing "Bidenomics” — originally intended to deride the president's policies — to instead promote his stewardship of the economy.
A woman sweeps ash off the terrace of her house while smoke rises over the village of Benijos as wildfires rage out of control on Spain's Tenerife on Saturday.
WORLD
Aug 20, 2023

Mass evacuations as Tenerife wildfire rages out of control

The huge blaze broke out late Tuesday in a mountainous northeastern area of the island, quickly morphing into the Canary Islands' biggest-ever fire.
Alexis Ryoko Nishizawa (left) facilitates workshops for people with curly hair during which she shares the basics with attendees.
JAPAN / Society
Aug 20, 2023

In Japan, curly hair makes you stand out. This entrepreneur says 'embrace it.'

Nishizawa has become a go-to guide for people in Japan looking to tame and style their natural wavy, curly and coily hair.
Tottori Gov. Shinji Hirai (left) with Shinsuke Nakajima, executive chef at the Hotel New Otani Tokyo
ESG CONSORTIUM
Aug 18, 2023

Tottori, home of premium wagyu, offers great diversity of delicacies

Western Japan’s Tottori Prefecture, lying on the Sea of Japan and boasting the famous Mount Daisen and other peaks, has been a major beef-producing area since the Edo Period. Japan’s least populous prefecture is blessed with rich nature and clean air, abundant groundwater and high-quality straw —...
The Bank of Japan headquarters in Tokyo
BUSINESS
Aug 21, 2023

BOJ adjustments show strain as record bond buying continues

Doubling the effective cap on benchmark yields in December and again last month has yet to significantly reduce the central bank's purchases.
Move Forward Party Leader Pita Limjaroenrat
ASIA PACIFIC / Politics
Aug 21, 2023

Most disagree with Pheu Thai coalition government, poll shows

About 64% of 1,310 respondents said they "did not agree at all” or "disagreed” with Pheu Thai’s plan to lead what it called a reconciliation government.
Japan's major paper manufacturers are developing a new fiber to expand the use of wood amid a decline in domestic demand for paper.
BUSINESS
Aug 21, 2023

Japan paper industry to develop new wood fiber material

With demand for paper in the doldrums, the industry is looking to expand the use of wood, a renewable resource, beyond paper products.
Russian President Vladimir Putin at the Kremlin on Aug. 18. Putin’s authority as a guarantor of stability has taken a big hit in the wake of the mutiny by Yevgeny Prigozhin.
WORLD / Politics / FOCUS
Aug 21, 2023

Putin turns to ruble and ballot to shore up shaken authority

Despite growing misgivings among Russia’s elites, for the regular voter, Putin remains wildly popular.
Lionel Messi is tossed in the air by his teammates after Miami's win in the Leagues Cup final on Nashville, Tennessee, on Sunday.
SOCCER
Aug 21, 2023

Lionel Messi's Inter Miami eyes treble after Leagues Cup triumph

Messi and Miami will play in the semifinals of the U.S. Open Cup before returning to MLS play.
People look at job listings. A U.N. study has found that artificial intelligence is likely to change the intensity of work and the degree of worker autonomy than destroy jobs.
BUSINESS / Tech
Aug 22, 2023

AI more likely to change work than destroy jobs: U.N. study

The study found that 5.5% of employment in high-income countries was potentially exposed to impacts from generative AI, more than in low-income countries.
Spain players celebrate with the trophy after winning the World Cup in Sydney on Sunday.
SOCCER / Women's World cup
Aug 22, 2023

Success of Women's World Cup can't hide financial gap with men

The 2023 World Cup buoyed hopes that the women's game can start to bridge the yawning financial gap.
A bulk carrier at the Panama Canal on April 19
BUSINESS / Economy
Aug 22, 2023

Historic drought and hot seas slow Panama Canal shipping

Restrictions already are sending China-U.S. spot shipping prices up as much as 36% amid soaring sea temperatures.
Supermarket owner Takashi Nakajima, 67, prepares raw fish to sell at his store, near the Fukushima No. 1 nuclear power plant in Soma, Fukushima Prefecture.
BUSINESS / Economy
Aug 22, 2023

For Fukushima shop owner, water release spells battle for survival

Japan said on Tuesday it would start discharging more than 1 million metric tons of the treated water on Thursday
Kenya Koshimizu, senior executive at Mizuho Financial Group, speaks during an interview in Tokyo on Monday.
BUSINESS / Economy
Aug 22, 2023

Mizuho deferring JGB purchases as BOJ mulls policy exit: official

Banks face a looming inflection point as Japan's economy approaches policy normalization after years of little growth, weak spending and massive easing.
Bank of Japan Gov. Kazuo Ueda speaks to reporters after meeting with Prime Minister Fumio Kishida at the Prime Minister's Office in Tokyo on Tuesday.
BUSINESS / Economy
Aug 22, 2023

BOJ's Ueda meets Kishida but says yen volatility wasn't discussed

The talks took place after the dollar's recent ascent above ¥145, a level that last September triggered Japan's first yen-buying operation since 1998.
The European Union has named 19 platforms that face stricter rules on policing online content and transparency.
BUSINESS / Tech
Aug 23, 2023

Big tech to face full force of new EU law

The landmark law is part of the EU's legal arsenal deployed to bring tech companies to heel and enforce order.
An office worker in London. A new report found that 36% of so-called workpoints — cubicles and desks — are never occupied, "indicating a general oversupply.”
BUSINESS / Companies
Aug 23, 2023

More than one-third of desks globally sit empty all week long

The dearth of desk usage could prompt employers to rethink their real estate needs.
X is planning to remove the headline and text while retaining just the lead image from links to news articles shared on the platform, Elon Musk has said.
BUSINESS / Tech
Aug 23, 2023

X plans to remove headlines from links to news articles

It is not immediately clear how the move will impact advertisers on the platform, which Musk claimed in July had 540 million monthly users.
Prime Minister Fumio Kishida speaks to reporters at the Prime Minister's Office on Tuesday.
BUSINESS
Aug 23, 2023

Kishida under pressure to spend even as debt costs rise

The prime minister pivoted away from his previous stance Tuesday by scrapping September-end plans to stop subsidies that cap gasoline prices.
Members of Johnny’s Sexual Assault Victims Association who allege they were abused by famed-talent agent Johnny Kitagawa speak to reporters in late July in Tokyo following a hearing by United Nations human rights experts.
COMMENTARY / Japan
Aug 23, 2023

Kishida faces leadership test over Johnny's sexual abuse scandal

Prime Minister Fumio Kishida, who prides himself on his “ability to listen,” faces a test of his leadership amid the Johnny's sexual abuse scandal.
South Korean soldiers prepare for a counterterrorism drill, as part of the Ulchi Freedom Shield military exercises between the U.S. and South Korea, at a subway station in Seoul on Wednesday.
ASIA PACIFIC / Politics
Aug 23, 2023

South Korea holds first nationwide defense drills in six years

The drill, focused on a North Korea attack, required South Korea’s 51 million residents to practice evacuating to shelters or underground spaces.
Nomura Securities International has agreed to pay $35 million over securities trading fraud which took place from 2009 to 2013 and primarily from the company’s trading floor in New York.
BUSINESS
Aug 23, 2023

Nomura fined $35 million in U.S. over mortgage-backed securities

Nomura Securities International will also pay almost $808,000 in restitution to victims of the scheme.
Sushi made with fish imported from Japan at a Japanese supermarket in Hong Kong on Wednesday.
JAPAN
Aug 23, 2023

China's sushi fans flounder over Fukushima water release

Chinese sushi lovers have expressed reservations after Japan kicked off plans for the disposal of wastewater from the stricken Fukushima No. 1 plant.
People watch a live stream of Chandrayaan-3 spacecraft's landing on the moon, at an auditorium of Gujarat Science City in Ahmedabad, India, Wednesday.
ASIA PACIFIC / Science & Health
Aug 24, 2023

‘India is on the moon’: Nation’s success opens next space chapter

The mission makes India the first nation to reach the moon's south polar region in one piece and adds to the achievements of the country’s space program.
Challenges to the U.S. dollar’s vital role in the world economic and financial system are often said to be imminent, but somehow never materialize.
COMMENTARY / World
Aug 23, 2023

A BRICS common currency is still a pipe dream

The greenback comprises just under 60% of global currency reserves, down from around 70% in 2000. Still that is well above any competitor.
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
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.
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.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
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

Azabudai Hills, Tokyo’s green new downtown ‘village’
Azabudai Hills, Tokyo’s green new downtown ‘village’

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