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November 24, 2024
 

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There are expectations that Japan’s life insurers may increase purchases of Japanese government bonds as yields rise at home along with signs that the central bank is edging toward a normalization of monetary policy.
BUSINESS / Markets
Oct 13, 2023

Japan’s rising yields and yen hedging costs drive insurers to JGBs

Japanese government bonds are drawing interest amid signs that the central bank is edging toward a normalization of monetary policy.
A representative of Chevalier Brewery presents a bottle of its sake adapted to French drinkers' tastes.
LIFE / Food & Drink
Oct 15, 2023

Sake fights an uphill battle for France’s wine lovers

Among many French drinkers, sake is still associated with cheap, low-quality alcohol only served at the end of meals in Japanese restaurants.
A gender-equality supporter protests against discrimination at an event held in Tokyo for International Women's Day in March 2021
COMMENTARY / Japan
Oct 13, 2023

Japan’s gender gap has never been wider. Can Kishida close it?

The government emphasizes the need to improve gender equality, but correcting Japan's dismal record requires a nuanced approach.
Finance Minister Shunichi Suzuki (front right) arrives for a news conference during the annual meeting of the International Monetary Fund and the World Bank, in Marrakech, Morocco, on Friday.
BUSINESS / Economy
Oct 14, 2023

Japan tells G20 it may need to act in FX market

Finance Minister Shunichi Suzuki's remarks came as the yen renewed its declines against the dollar.
Hiroshi Watanabe, former Japanese currency policy chief and onetime head of the Japan Bank for International Cooperation, speaks during an interview in Tokyo.
BUSINESS / Economy / ANALYSIS
Oct 15, 2023

IMF warning on China puts 'Japanization' risk in spotlight

Stalling inflation and a deepening real estate crisis were said to be among the biggest risks to global growth during a recent IMF and World Bank meeting.
Washington is taking steps to prevent U.S. chipmakers from circumventing government rules in order to sell to China.
BUSINESS / Tech
Oct 16, 2023

U.S. to tighten rules aimed at keeping advanced chips out of China

The Biden administration is aiming to close loopholes that might help its geopolitical rival gain cutting-edge technologies.
The International Monetary Fund says it sees no factors for Japan to intervene in the foreign exchange market to support the yen.
BUSINESS / Markets
Oct 16, 2023

IMF sees no conditions for Japan to intervene in currency market

Whether Japan will intervene to support the yen has been a key focus lately, with the currency staying near ¥150 per dollar.
Xi Jinping's third Belt and Road Forum begins today in Beijing.
BUSINESS / Economy / FOCUS
Oct 16, 2023

Xi’s $1 trillion ‘project of the century’ faces uncertain future

China’s overall activity in BRI countries is down about 40% from its 2018 peak as the world’s second-biggest economy slows.
Road signage near Mai Mahiu, Kenya
BUSINESS / Tech
Oct 16, 2023

Mental trauma: African content moderators push Big Tech on rights

Thousands are hired to scour social media for graphic content, but many allege irregular pay, union-busting and inadequate mental health support.
Taiwanese President Tsai Ing-wen attends the launching ceremony of Narwhal, its first domestically built submarine, in Kaohsiung, Taiwan, on Sept. 28.
ASIA PACIFIC / Politics
Oct 16, 2023

Fearing China, South Korea targets Taiwan navy submarine contractors

Seoul has avoided arming the island, even as its companies ink weapons deals with other Asian neighbors.
Visitors walk down the main shopping street of Nanjing East Road, one of Shanghai's main commercial and tourist areas, on Sept. 30.
BUSINESS / Economy
Oct 17, 2023

China data likely to show fragile economy in need of support

Data due Wednesday will likely show gross domestic product expanded 4.5% in the July-to-September period from a year earlier.
Rangers catcher Jonah Heim hits a third-inning home run against the Astros during Game 3 of the AL Championship Series in Houston on Monday.
BASEBALL / MLB
Oct 17, 2023

Rangers take 2-0 lead over Astros; Phillies down Arizona

Both Texas and Philadelphia protected early-inning leads in Monday's wins.
Toyota has suspended operations at six domestic plants following a blast at a factory run by one of its component suppliers.
BUSINESS / Companies
Oct 17, 2023

Toyota halts six auto plants after explosion at parts supplier

The explosion occurred Monday at Chuo Spring’s factory in Aichi Prefecture, where vehicle suspension coils are made.
Oil storage tanks in the Keihin industrial area in Kanagawa Prefecture. Japan relies on the Middle East for over 95% of its oil.
BUSINESS / Economy / FOCUS
Oct 17, 2023

Japan still relies on Middle East oil 50 years on from crisis

Japan's alternative oil suppliers, such as Indonesia, have seen their ability to export reduced by their own economic growth.
Palestinian refugees flee to Rafah, in southern Gaza, after Israeli airstrikes on Friday.
COMMENTARY / Japan
Oct 17, 2023

Japan must uphold humanitarianism in the Middle East

War cries from Israel and Hamas must be met with appeals for the defense of human life, a position Japan has historically held.
Powerchip Semiconductor Manufacturing Corp.'s Japanese office in Tokyo
BUSINESS / Tech
Oct 17, 2023

Taiwan's Powerchip considering five sites in Japan for factory

Powerchip announced in July that it was setting up a joint venture with financial firm SBI Holdings with the aim of securing government subsidies.
Bento boxes at OK's new store in Tokyo's upscale Ginza district on Tuesday
BUSINESS
Oct 18, 2023

Discount supermarket OK opens store in Tokyo's posh Ginza district

Discount supermarket operator OK opened a store in Tokyo's upscale Ginza district, aiming to cater to foreign tourists and restaurant operators.
Elon Musk, owner of the X social media platform and carmaker Tesla, attends the opening ceremony of a new Tesla factory in Gruenheide, Germany, in March 2022.
BUSINESS / Tech
Oct 18, 2023

X unveils ‘Not a Bot’ paid program and new Japan feature

The new “Not A Bot” subscription method is Elon Musk’s latest way of nudging users toward paying for the platform.
Foreign tourists in Tokyo's Shibuya Ward on Wednesday
JAPAN
Oct 18, 2023

Foreign visitors to Japan hit 96% of pre-COVID level in September

The number of foreign visitors for business and leisure was 2.18 million last month, up slightly from 2.16 million in August.
The Bank of Japan headquarters in Tokyo. The central bank announced an emergency bond-buying operation on Wednesday after the 10-year Japanese government bond yield hit a new decade high.
BUSINESS
Oct 18, 2023

Bank of Japan steps into debt market to slow rising bond yields

The operation had no immediate impact on the benchmark 10-year yield, which earlier in the day touched 0.815%, a fresh decade high.
Notification of a system glitch is posted at MUFG Bank's Ueno branch in Tokyo's Taito Ward on Oct. 10.
BUSINESS / Companies
Oct 18, 2023

Compensation to be given over Japan payments clearing system glitch

Zengin-Net, the system’s operator, said member banks will reimburse customers for extra fees and penalties incurred.
The Bank of Japan headquarters in Tokyo. The central bank is likely to discuss raising its inflation projection for fiscal year 2023 and 2024 at its policy meeting later this month.
BUSINESS
Oct 18, 2023

BOJ seen lifting inflation forecasts as pressure on policy grows

Central bank is also seen upgrading its forecast for 2024 from the current 1.9%, to at or above 2.0%.
Locally caught seafood at the Hamanoeki Fish Market and Food Court in Soma, Fukushima Prefecture, on Aug. 31
BUSINESS
Oct 18, 2023

China's fish imports from Japan fall to zero in September

The result followed a 33% decline in July from a year before and a 70% drop in August.
Rep. Jim Jordan after a vote for House speaker on Capitol Hill in Washington on Wednesday
WORLD / Politics
Oct 19, 2023

Jordan defeated again for speaker as Republican stalemate deepens

The hard-line Republican from Ohio lost a second bid for speaker after running headlong into opposition from a group of mainstream GOP holdouts.
Japan has doubled its target for the installation of electric vehicle charging outlets to 300,000 outlets by 2030.
BUSINESS / Economy
Oct 19, 2023

Industry ministry doubles target for EV charger installments

The aim is to accelerate installments so that Japan can achieve its target of having electrified vehicles account for 100% of its new car sales by 2035.
Japan's exports rose more than expected in September, led by shipments of cars and medical supplies.
BUSINESS / Economy
Oct 19, 2023

Japan exports rise more than expected in support for recovery

The value of exports gained 4.3% from a year earlier, led by shipments of cars and medical supplies in the first overall rise in three months.
Jobseekers attend a Business and IT Career Fair at Cape Fear Community College in Castle Hayne, North Carolina, on Sept. 20.
BUSINESS / Companies
Oct 19, 2023

Biased bots? U.S. lawmakers take on 'Wild West' of AI recruitment

Around 85% of large U.S. employers now use some form of automated tool or AI to screen or rank candidates for hire, according to recent surveys.
Various aspects of Japan’s Sado Island — noh, taiko drumming, business investment and cultural regeneration projects — weave their way into “L’ile d’Or Kanemu-Jima,” with characters and cultures coming together in a melting pot of real-world political problems, theater styles and dark humor.
CULTURE / Stage
Oct 20, 2023

Cultures collide in Ariane Mnouchkine's Sado Island-inspired play

The Kyoto Prize-winning French theater director's latest production, "L’ile d’Or Kanemu-Jima," draws from her experiences in Japan, both old and new.
An AI-generated model is featured in Ito En's latest green tea brand commercial.
BUSINESS / Companies
Oct 19, 2023

Beverage company Ito En taps AI actress for TV commercial

The commercial is receiving mixed reviews from netizens, with some praising the quality of the tech while others worry about job loss.
Rengo President Tomoko Yoshino says the labor organization will seek wage hikes of 5% or more next year.
BUSINESS / Economy
Oct 19, 2023

Japan's largest labor group aims for wage hikes of 5% or more

Rengo will finalize its stance in December ahead of next year's wage negotiations.
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
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.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.

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

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