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November 24, 2024
 

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The yen's slide past ¥150 to the dollar has raised renewed speculation over possible government interventions in the currency market.
BUSINESS / Markets
Oct 26, 2023

Yen weakens close to three-decade low against U.S. dollar

The yen was trading well within the zone that saw authorities wade into the market last year.
An increasing number of middle-aged men are using currency trading apps to buy and sell the yen to get short-term profits.
BUSINESS / Markets
Oct 26, 2023

Middle-aged salarymen exploit volatile yen with smartphone trades

Smartphone traders amplify volatility in currency markets by seizing on intraday moves, departing from a previous focus on interest rate differentials.
Newly elected Speaker of the House Mike Johnson takes his oath of office after he was elected to be the new Speaker, at the U.S. Capitol in Washington, on Wednesday.
WORLD / Politics
Oct 26, 2023

Untested new U.S. House speaker faces daunting first days

Republican Mike Johnson, a conservative with little leadership experience, was elected as speaker on Wednesday.
Japanese companies that have more female directors tend to outperform their peers in terms of stock market performance.
BUSINESS / Companies
Oct 26, 2023

Japan firms with more female directors beating peers

The positive impact from having more women in leadership roles hasn’t necessarily enhanced compensation for women in line with their contributions.
Taro Yamada, parliamentary vice minister for education, speaks to reporters at the parliament building in Tokyo on Thursday.
JAPAN / Politics
Oct 26, 2023

Parliamentary Vice Minister Taro Yamada steps down over affair

The first Cabinet resignation since a mid-September reshuffle deals a blow to Kishida at a time when public support rates have plummeted.
The simplest option for many Japanese industries facing labor shortages might be to do what the taxi sector is doing — keep people in the workforce longer.
COMMENTARY / Japan
Oct 26, 2023

Octogenarian taxi drivers to the labor-crunch rescue

An option for many Japanese industries facing labor shortages might be to do what the taxi sector is doing — keep people in the workforce longer.
United Auto Workers President Shawn Fain
BUSINESS / Companies
Oct 27, 2023

Auto union boss victorious over Ford with unorthodox playbook

Bible-quoting, tough-talking Shawn Fain scored his first big victory against the Detroit Three through a tentative labor deal with Ford.
An employee operates at a production facility of Zaporizhstal Iron and Steel Works, in Zaporizhzhia, Ukraine, this month.
BUSINESS / Companies / ANALYSIS
Oct 27, 2023

Ukraine's once-mighty steel sector choked by export blockade

Until producers can get steel to markets via the Black Sea, where Russia continues to pose a threat to shipping, there is little prospect of recovery.
Great Wall Motor's Ora Good Cat electric vehicles are charged at the company's charging station at Siam Square in Bangkok
BUSINESS / Economy
Oct 27, 2023

Thailand bets on EVs to draw trillion baht in investment

The country has set up a "special operation” center to catch what its investment board head calls the "big fish” of the EV industry.
The Khmelnytskyi nuclear power plant near the city of Netishyn, Khmelnytskyi region, Ukraine, in August.
WORLD / Politics
Oct 27, 2023

As winter nears, Ukraine braces for attacks on energy grid

Russian drone strikes near a nuclear power plant in western Ukraine this week have revived anxiety among officials and civilians.
The Tokyo core consumer price index (CPI), which excludes volatile fresh food but includes fuel costs, rose 2.7% in October from a year earlier, exceeding market forecasts for a 2.5% gain.
BUSINESS / Economy
Oct 27, 2023

BOJ in focus as core inflation in Tokyo unexpectedly accelerates

The data reinforces expectations the BOJ will revise up its inflation forecasts when it produces fresh quarterly projections at next week's meeting.
While inaka sushi still uses dashi broth to flavor some ingredients, it's possible to make this sushi 100% vegan.
LIFE / Food & Drink
Oct 29, 2023

Sushi sans fish: How rural traditions led to vegan-friendly rolls

Leave the salmon behind with “inaka sushi,” which trades raw fish for mushrooms, ginger and other fresh veggies.
Tokyo now boasts five different Quidditch teams, while universities in Osaka and Kyoto also play host to their own clubs.
COMMUNITY / Issues / The Foreign Element
Nov 4, 2023

'Accio broomstick!' Quidditch is back and open to everyone

From relatively humble beginnings, Quidditch has continued to grow in popularity across Japan.
Major supermarket chain Daiei opened a checkout-free, walk-through store in the CeeU Yokohama mall on Friday.
BUSINESS / Tech
Oct 27, 2023

At new Japan supermarket outlet, high tech runs the store

The system replaces cash registers with a network of cameras, weight sensors and a smartphone app.
Prime Minister Fumio Kishida replies to questions at Friday's budget committee session at the Diet in Tokyo.
JAPAN / Politics
Oct 27, 2023

Amid scrutiny, Kishida emphasizes tax cuts to pull out from deflation

The Constitutional Democratic Party of Japan has heavily criticized the government for its belated response to rising inflation.
Nippon Life Insurance will focus purchases on 30-year JGBs, with the current yield of above 1.8% "good in terms of absolute level," a representative for the insurer said at a recent briefing.
BUSINESS / Markets
Oct 27, 2023

Japan's life insurers to boost JGB buying but wary of policy shift

Nippon Life, Dai-Ichi Life and Meiji Yasuda Life were among those who said they aimed to buy the longest-dated JGBs amid the highest yields in a decade.
Iranian Supreme Leader Ayatollah Ali Khamenei speaks before an audience in Tehran on Wednesday.
WORLD / Politics
Oct 28, 2023

U.S. airstrikes send twin messages to Iran, American officials say

The airstrikes were the latest gamble by the United States to modify Iran’s behavior, few of which have worked in the past.
United Auto Workers members strike at a General Motors assembly plant in Arlington, Texas, on Oct. 24.
BUSINESS / Companies
Oct 29, 2023

General Motors hit with more strikes while Stellantis reaches deal with UAW

More than six weeks after the historic strikes began, GM is now the only one of the companies that doesn’t have a deal with the union.
A health care worker administers the COVID-19 vaccine to a child in Rio de Janeiro in January 2022.
COMMENTARY / World
Oct 30, 2023

How we got COVID’s risk right but the response wrong

It was not the initial consensus on the fatality rate that drove the response but rather the way the risks of COVID-19 were balanced with the costs.
Workers picket outside the Ford Assembly plant in Chicago on Oct. 24.
BUSINESS / Companies
Oct 30, 2023

UAW-Ford deal includes $8 billion in manufacturing investments

The UAW-Ford contract could give workers up to $70,000 in extra pay over the 4½-year life of the contract.
The Bank of Japan is holding a two-day policy meeting through Tuesday.
BUSINESS / Economy
Oct 30, 2023

Ueda faces market fallout risk as BOJ mulls yields, prices and yen

In a sign of just how fraught the discussions on policy may be, BOJ officials are likely to monitor yield movements until the very last minute.
Australian Trade Minister Don Farrell discussed a regional trade pact with Japan's economy minister Yasutoshi Nishimura during their meeting in Osaka on Sunday.
BUSINESS / Economy
Oct 30, 2023

Australia reassures Japan on CPTPP and strength of relationship

Australian Trade Minister discussed a regional trade pact with Japan's economy minister during their meeting in Osaka.
Many of Japan’s largest businesses are exporters that benefit from a weaker yen.
BUSINESS / Companies
Oct 30, 2023

Japan’s biggest firms set for $9.3 billion bonanza from weak yen

Many of Japan’s largest businesses are exporters that benefit from a weaker yen.
A rally in support of Israel is held in Tokyo on Oct. 11 during which participants, including Israelis living in Japan, demanded the immediate release of all hostages captured by Hamas during its Oct. 7 attack on Israel.
COMMENTARY / World
Oct 30, 2023

A primer on the Israel-Hamas war


Japan's image of Israel is shallow and distorted, as many people fail to understand the existential threat that Hamas' aggression poses.
Shibuya's local government has mounted a campaign to dissuade revelers from visiting the neighborhood for Halloween celebrations and has banned drinking in the streets.
COMMENTARY / Japan
Oct 30, 2023

Shibuya wants to cancel Halloween. That's a mistake.

This year, Shibuya isn't dressing up for Halloween. The neighborhood is turning revelers away, ignoring its role as a youth culture hub.
A judge has decided to evict former Nissan boss Carlos Ghosn from his residence in the Lebanese capital, a judicial source has said, about four years after an investment firm accused him of "trespassing."
BUSINESS
Oct 30, 2023

Lebanon court orders Carlos Ghosn out of Beirut home

Phoinos Investment, to which the home in the Lebanese capital is registered, has accused the former Nissan boss of "trespassing."
Bungie, the Sony-owned game studio behind Destiny 2, has cut an undisclosed number of staffers amid restructuring of Sony's video game operations.
BUSINESS / Companies
Oct 31, 2023

Sony’s Bungie game unit cuts staff following delayed titles

Sony, which purchased Bungie in early 2022 for $3.6 billion, has been cutting staff across its PlayStation division this year, in part due to delays.
Striking United Auto Workers union members embrace at the end of their picket shift outside the Ford Assembly Plant in Wayne, Michigan, on Wednesday.
BUSINESS / Companies
Oct 31, 2023

UAW reaches deal with GM, ending strike against Detroit carmakers

Some analysts have said recent deals will place the Detroit Three at a disadvantage compared with Tesla and foreign brands such as Toyota.
Israeli Prime Minister Benjamin Netanyahu attends a press conference at the Kirya military base in Tel Aviv on Saturday.
WORLD / Politics
Oct 31, 2023

Netanyahu's ‘Mr. Security’ image fades as rivals want him out

Opponents say Netanyahu failed spectacularly by ignoring Hamas’ true intentions.
At the time ofElon Musk's takeover, Twitter was valued at $44 billion. Now called X, the company is now valued at $19 billion.
BUSINESS / Companies
Oct 31, 2023

Elon Musk’s X is worth less than half of price he paid for Twitter

In the past, Musk has hinted that he’d like to take X public, but the company’s steep drop in value could make that difficult.
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.
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
Japan will spend ¥325 million in government funds on Princess Yuriko's funeral
Princess Yuriko waves during the New Year's public greeting at the Imperial Palace in Tokyo in January 2019.
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

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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