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November 24, 2024
 

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Chinese President Xi Jinping during the opening ceremony of the Belt and Road Forum in Beijing on Wednesday
ASIA PACIFIC / Politics
Oct 20, 2023

Europe’s snub turns Xi’s Belt and Road into Global South party

The Chinese leader appears to have reformed the initiative as a club for emerging economies known as the Global South.
Air conditioners on display during an event in Guangzhou
ENVIRONMENT / Sustainability
Oct 20, 2023

Countries asked to slash cooling emissions by 68% by 2050

The Global Cooling Pledge represents a tough request given the cooling industry is only expected to grow.
People react during the funeral of a Palestinian who was killed by Israeli forces, near Ramallah in the Israeli-occupied West Bank on Thursday.
WORLD / Politics
Oct 20, 2023

West Bank a possible 'third front' for Israel

More than 70 Palestinians have been killed in West Bank violence since Oct. 7 and Israel has arrested more than 800 people.
Fruit and vegetables for sale at the entrance to a supermarket in a shopping precinct in Tokyo on Oct. 7.
BUSINESS / Economy
Oct 20, 2023

Japan's core inflation slows below 3% for first time in over a year

The rate has tracked above the Bank of Japan's 2% target for 18 straight months.
A deal between Mitsubishi Electric and Australia’s Department of Defence taps the company’s know-how in electronic and optical systems.
JAPAN / Politics
Oct 20, 2023

In industry first, Mitsubishi Electric secures defense deal with Australia

The deal taps the company’s know-how in electronic and optical systems.
The Bank of Japan intervened in the Japanese government bond (JGB) market on Friday for the fifth time this month after the 10-year yield rose to a fresh decade high.
BUSINESS / Markets
Oct 20, 2023

Bank of Japan intervenes as 10-year JGB yield hits fresh decade peak

The benchmark JGB yield climbed to 0.845% right at the start of the trading day, its highest since July 2013, after revisiting peaks the previous day.
Delegates arrive for the opening ceremony of the Belt and Road Forum to mark the initiatives 10th anniversary in Beijing on Wednesday.
EDITORIALS
Oct 20, 2023

China aims to remake the world with its Belt and Road initiative

Infrastructure is key to the success of the developing world and the failure to help emerging economies meet this vital need will rightly tar the West.
The transport ministry holds a hearing session for Bigmotor on Friday in Nagoya. Bigmotor officials did not show up.
BUSINESS / Companies
Oct 20, 2023

Transport ministry moves to punish Bigmotor outlets over fraud

Violations by the used car chain have included overcharging customers for inspection and maintenance fees.
Valdis Dombrovskis, trade commissioner for the European Union, at the annual meetings of the International Monetary Fund and World Bank in Marrakesh, Morocco, on Oct. 13.
BUSINESS / Economy
Oct 21, 2023

EU says lack of U.S. clarity on tariffs sank trade announcement

Valdis Dombrovskis, an executive VP at the European Commission, said the U.S. had previously agreed to work toward removing the measures.
People demonstrate against the government on Nov. 5, 2022, after nearly 160 people died in a crowd crush in Seoul's Itaewon district on Halloween that year.
ASIA PACIFIC / Society
Oct 21, 2023

Little punishment or change after South Korea’s Halloween calamity

Families of the 159 people crushed to death last year say the government has never acknowledged its mistakes or accepted responsibility.
Canadian Prime Minister Justin Trudeau and Foreign Minister Melanie Joly during an event in Ottawa on Wednesday.
WORLD
Oct 21, 2023

Trudeau says many countries worried after India ousts Canada envoys

The diplomatic row is the latest escalation since Trudeau accused India of helping to orchestrate the killing of a Sikh separatist in Canada.
AI software is being used to detect cognitive decline in older Japanese drivers in order to help prevent accidents.
BUSINESS / Tech
Oct 22, 2023

AI startup helps insurers spot cognitive decline in elderly drivers

Once reliant on a driver's age and model of car, some insurers now rely on AI to expedite settlements and craft more precise risk assessments.
Australian Prime Minister Anthony Albanese and Australian Foreign Minister Penny Wong at the 43rd ASEAN Summit in Jakarta on Sept. 6
ASIA PACIFIC / Politics
Oct 23, 2023

U.S. and China visits put Australian PM’s diplomatic skills to test

There has been a significant easing in tensions between Australia and China since Anthony Albanese’s election.
Swiss People's Party (SVP) leader Marco Chiesa (left) smiles next to the president of The Center (Die Mitte) Swiss political party Gerhard Pfister prior to a TV interview in Bern on Sunday.
WORLD / Politics
Oct 23, 2023

Switzerland’s right-wing party soars on immigration concerns

The SVP — as the People's Party is known by its German acronym — won 28.6% of votes, up from 25.6% four years ago.
The Bank of Japan headquarters in Tokyo. Nearly 40% of respondents of the latest Bloomberg Markets Live Pulse survey said Treasurys will face the most severe impact from the BOJ shifting away from superaccommodative policy.
BUSINESS
Oct 23, 2023

When Japan ends negative rate policy, Treasurys will suffer

The Bank of Japan is likely to unwind its unusual policy of subzero rates during the first half of 2024.
The yen weakened to the ¥150-per-dollar level Monday, but just briefly, as investors betting on a further rise in dollar yields lost out to those expecting Japanese authorities will intervene in markets.
BUSINESS / Markets
Oct 23, 2023

Yen breaches ¥150 per dollar again, raising intervention risk

It touched ¥150.11 per the greenback in early Asian trading on Monday before quickly recovering.
The Italian Serie A's current domestic broadcast deal is worth just under $1 billion annually, less than half that of the English Premier League.
SOCCER
Oct 24, 2023

DAZN and Sky retain Italian Serie A rights in $4.8 billion deal

TV rights are a crucial source of revenue for Serie A teams such as this year's champion Napoli, Juventus and Milanese clubs AC Milan and Inter.
Traders are betting that the Bank of Japan will almost certainly end its negative interest rate policy by early next year.
BUSINESS / Economy
Oct 24, 2023

Rising bets on BOJ policy move shift focus to ‘neutral’ rate

This theoretical rate that neither stimulates nor restricts the economy is likely somewhere in a wide range of 0.5% to 2%, according to analysts.
A fishing boat patrols the sea for poaching off the port of Yomogita, Aomori Prefecture, on the night of Sept. 13.
JAPAN / Society / Regional Voices: Tohoku
Oct 30, 2023

Aomori sea cucumber fishermen hit hard by China’s seafood import ban

Twenty-seven cooperatives in the prefecture have suspended operations in October, when the fishing season for sea cucumbers starts in a normal year.
A pedestrian walks past an electronic signboard showing data from the Tokyo Stock Exchange and on the Japanese yen after the currency rebounded slightly after hitting ¥150 to the U.S. dollar in overnight trading, along a street in central Tokyo on Oct. 4.
BUSINESS / Economy
Oct 24, 2023

Germany set to eclipse Japan as No. 3 economy in 2023, IMF says

The yen’s widely watched depreciation has played an outsized role in its projected slide in position.
English and Italian footballers observe a minute of silence for the victims of a deadly shooting in Brussels and of the devastating events in Israel and Palestine, at Wembley Stadium in London on Oct. 17.
BUSINESS / Companies
Oct 24, 2023

Qatar-owned network altered broadcasts to avoid war references

Instead of tributes and moments of silence at recent games, beIN broadcasts aired extended studio discussions that hewed solely toward soccer.
Cosmo Energy Holdings has said it will call another shareholder vote in December to seek approval for a "poison pill" takeover defense against a group of activist investors.
BUSINESS / Companies
Oct 25, 2023

Cosmo calls another shareholder vote in activist defense

Japan's third-biggest oil refiner said it will not prevent the group a group of activist investors from voting this time.
The role of cryptocurrencies in terrorist financing has once again come into focus after the start of the Israel-Hamas war.
BUSINESS / Tech / EXPLAINER
Oct 25, 2023

Crypto's role in terrorist financing comes under renewed scrutiny

Cryptocurrency's role in terrorist financing has come under renewed scrutiny following a deadly attack in Israel by Palestinian militant group Hamas.
Much of the focus on Meta stemmed from a whistleblower's release of documents in 2021 that showed the company knew Instagram, which began as a photo-sharing app, was addictive and worsened body image issues for some teen girls.
BUSINESS / Tech
Oct 25, 2023

Lawsuits against Meta in 33 states claim Instagram harms children

Children have long been an appealing demographic for businesses, which hope to attract them as consumers at ages when they may be more impressionable.
Turbines at Orsted's offshore wind farm near Nysted, Denmark, in September
BUSINESS / Economy
Oct 25, 2023

Japan and Denmark to tie up on floating offshore wind technology

The nascent floating offshore wind industry is poised for explosive growth in the coming decade as countries strive to cut carbon emissions.
Baby soap donated by sanitary products company Saraya to the city of Kashiwara, Osaka Prefecture, has been distributed at child care support facilities in the city.
BUSINESS
Oct 26, 2023

Donation platform matches firms with local governments in Japan

The platform not only helps improve the welfare of residents, but also allows companies to make effective use of inventories.
A statue of the Demon Spirit in the Mononoke Village area, a new area within Ghibli Park in the city of Nagakute, Aichi Prefecture
BUSINESS
Oct 25, 2023

Ghibli Park unveils new 'Princess Mononoke' area

The Mononoke Village area within the facility will open on Nov. 1, showcasing the sceneries of village forests in Japan.
SkyDrive displays its eVTOL flying car at the Japan Mobility Show in Tokyo.
BUSINESS / Companies
Oct 25, 2023

Japan’s largest auto show returns with focus on mobility

The organizer has renamed the event for the first time since 1964, with the Japan Mobility Show replacing the Tokyo Motor Show.
A fledgling film director (Mayu Matsuoka, center) returns home to make a film about her dysfunctional family in “Masked Hearts.”
CULTURE / Film
Oct 26, 2023

‘Masked Hearts’: Catharsis comes out of familial discord

Yuya Ishii returns to his indie roots with a comedy-drama that comes from a personal and painfully real place.
Members of the United Auto Workers outside Ford's Michigan Parts Assembly Plant in Wayne, Michigan, on Sept. 26. The U.S. auto workers union announced a tentative agreement with the firm late on Wednesday.
BUSINESS / Companies
Oct 26, 2023

Ford and UAW reach tentative deal to end strike by auto workers

Including compounding and cost of living, worker pay will rise about 33% to over $40 an hour over the life of the contract.
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

SUSTAINABLE JAPAN

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