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November 24, 2024
 

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British Prime Minister Rishi Sunak listens to a question as he holds the closing news conference on the second day of the U.K. Artificial Intelligence Safety Summit at Bletchley Park, near Milton Keynes, England, on Thursday.
BUSINESS / Tech
Nov 4, 2023

China quietly took part in leaders' AI meeting in the U.K.

China said it attended a top-level ministerial meeting at the U.K. AI Safety Summit on Thursday, despite not being listed by Britain.
In some cases, it's up to individual foreign residents to understand the unique tax implications of their home countries and Japan in order to avoid a penny-pinching retirement.
COMMUNITY / How-tos / Age Wise
Nov 5, 2023

Retiring in Japan? Be prepared to foot your own bills.

“In an ideal world, everyone should have retirement planning on their radar as soon as possible when working life begins.”
A solar farm at the University of California in Merced
ENVIRONMENT / Energy
Nov 5, 2023

U.S. solar panel manufacturing boom threatened by cheap imports

Global solar panel prices have collapsed due to a wave of new Asian production capacity in recent months.
A tourist takes a photo with the statue of Hachiko in front of Shibuya Station in Tokyo on Wednesday.
JAPAN
Nov 5, 2023

Loyal dog Hachiko still loved 100 years after birth

The statue of Hachiko in front of the station is known as a meeting place and also a popular spot for foreign tourists.
Chinese Premier Li Qiang speaks during the opening ceremony of the China International Import Expo in Shanghai on Sunday.
BUSINESS / Economy
Nov 5, 2023

China premier vows to boost imports and widen foreign market access

The Asian powerhouse's No. 2 official also vowed "to protect the rights and interests of foreign investors in accordance with the law."
Trading with borrowed shares will be banned for equities on the Kospi 200 Index and Kosdaq 150 Index from Monday until the end of June.
BUSINESS / Markets
Nov 5, 2023

South Korea to ban short-selling of stocks until June 2024

Investors say short-selling leads to unfair advantages for foreign and institutional investors.
German Chancellor Olaf Scholz. As the European Union’s biggest economy wrestles with a persistent slump and a surge in immigration, the specter of German nationalism has returned, leaving citizens more conflicted over their country’s direction than at any point since World War II.
WORLD / Politics
Nov 6, 2023

The far right is on the rise in Germany and Scholz is at a loss

Amidst economic challenges and surging immigration, German nationalism has reemerged.
Elon Musk, owner of X, attends an event in Paris on June 16.
BUSINESS / Tech
Nov 6, 2023

Musk to integrate xAI with social media platform X

The billionaire also said xAI released its first AI model, a bot named Grok, after making it available to all X Premium+ subscribers.
Fujio Mitarai, chief executive officer of Canon, during an interview in Tokyo on Oct. 30
BUSINESS / Companies
Nov 6, 2023

Canon’s chipmaking technology promises advanced chips for less

The Tokyo-based firm’s new nano-imprint technology could open doors for smaller semiconductor manufacturers.
Motosaburo Saito at the headquarters of Oji Holdings, a building that won the Wood Design Award
ESG CONSORTIUM
Nov 6, 2023

Old-growth paper company Oji renews forests, products, vision

Oji Holdings, Japan’s leading paper manufacturer, is also its largest corporate forest owner. It studies and develops paper products and related materials and is committed to the maintenance of healthy forests. In a recent interview with The Japan Times, the general manager of Oji’s department on...
Steam rises from the cooling towers of the coal power plant of RWE, one of Europe's biggest electricity and gas companies, in Niederaussem, Germany.
BUSINESS / Companies
Nov 6, 2023

Just 4% of top firms meet U.N. climate target guidelines, study says

The pace of change among governments and corporations is set to form a central part of the COP28 climate talks starting later this month.
Blackstone's headquarters in New York
BUSINESS / Companies
Nov 6, 2023

Blackstone sees most Asia deal activity in Japan and India in 2024

The world’s largest alternative asset manager expects India and Japan to be its most active markets in Asia next year based on capital allocation.
Sundar Pichai, CEO of Alphabet, exits federal court in Washington on Oct. 30.
BUSINESS / Companies
Nov 7, 2023

Google's app store strategy bad for everyone, Epic says in court

Moves by Alphabet to thwart competition hurt developers and raise prices for consumers, the games firm said in opening statements.
NTT plans to test driverless vehicle technology with Toyota and invest in a U.S. startup.
BUSINESS / Companies
Nov 7, 2023

NTT to test driverless tech with Toyota and invest in U.S. startup

NTT aims to start tests with autonomous buses and taxis as early as 2025 and invest about ¥10 billion ($66.91 million) in U.S. startup May Mobility.
Shipping containers near the train station near the China–Laos border in Boten, Laos, on June 29. The Global Times, a newspaper backed by the China’s Communist Party, said the railway “connects hearts” and promotes development.
BUSINESS / Economy
Nov 7, 2023

China revamps lending to Global South as U.S. narrows spending gap

Beijing is moving away from the big bilateral deals in favor of collaborative lending that reduces its exposure to financial risk, a new report says.
Meta has said it will bar political advertisers from using Facebook's generative AI tools.
BUSINESS / Companies
Nov 7, 2023

Meta to restrict use of generative AI tools in political adverts

The move may limit campaigns' access to tools lawmakers have warned could turbocharge the spread of election misinformation.
New Chinese Premier Li Keqiang (left) and and his predecessor, Wen Jiabao (center), attend the 12th National People's Congress where Chinese President Xi Jinping was first elected in Beijing in March 2013.
COMMENTARY / World
Nov 7, 2023

China's opaque politics and the Li Keqiang mystery

Li reportedly had bypass surgery and was taking drugs after a liver transplant, both of which would have increased the risk of a heart attack.
Nintendo reported operating profit of ¥94.5 billion and revenue of ¥334.9 billion in the September quarter, both beating analyst expectations.
BUSINESS / Companies
Nov 8, 2023

Nintendo lifts annual profit forecasts

The Kyoto-based entertainment company said it now expects operating income of ¥500 billion ($3.3 billion), up from ¥450 billion previously.
While Toyota has avoided the kind of hit other Japanese automakers have taken in China from a shift to electric vehicles and the rise of domestic brands, it still faces pressure in the world's biggest auto market.
BUSINESS / Companies
Nov 7, 2023

Toyota extends output cut at Chinese JV to ease dealer pressure

The automaker has told dealers that it will extend a plan to reduce output at one of its joint ventures in China, where it faces rising competition.
A structure of the Arctic LNG 2 joint venture is seen under construction near the settlement of Belokamenka, Murmansk region, Russia, in July last year
BUSINESS
Nov 7, 2023

U.S. sanctions on Russia LNG won't harm supplies, minister says

The industry minister said that Japan will ensure its energy supplies are not affected by U.S. sanctions on a Russian project in which it has a stake.
Australian Prime Minister Anthony Albanese meets with Chinese leader Xi Jinping at the Great Hall of the People in Beijing on Monday.
ASIA PACIFIC / Politics / ANALYSIS
Nov 8, 2023

China and Australia agree to mend ties. But will this impact security?

As the two nations agree to put bygones behind them and boost communication, questions remain over how this will impact security tensions in the region.
In a new program called Lantern, big tech companies will share signals of activity that violate their policies on child exploitation.
BUSINESS / Companies
Nov 8, 2023

Tech giants pool efforts to fight online child sex abuse

Child victims of abuse online are a hot-button issue for regulators and tech firms are eager to show they are taking adequate measures to protect them.
People stand outside an Apple Store in Shanghai as the new iPhone 15 officially goes on sale across China on Sept. 22.
BUSINESS / Companies
Nov 8, 2023

Apple postpones next year's iPhone and Mac software to fix bugs

Rather than adding new features, company engineers have now been tasked with fixing flaws and improving software performance, sources have said.
A Nissan auto dealership in the Botafogo neighborhood of Rio de Janeiro, Brazil. The firm hopes to more than double its market share in Brazil, to 7% from the current 3.4% in 2026.
BUSINESS / Companies
Nov 8, 2023

Nissan to invest $575 million in Brazil as it aims to double share

Nissan hopes to more than double its market share in Brazil, to 7% from the current 3.4% in 2026.
Tokyo International Film Festival celebrated the 120th anniversary of Yasujiro Ozu’s birth with screenings of the director’s films, including 1953’s “Tokyo Story.” The festival also held a symposium featuring three world-class filmmakers discussing Ozu’s contributions: Kiyoshi Kurosawa, Jia Zhangke and Kelly Reichardt.
CULTURE / Film
Nov 9, 2023

Kelly Reichardt: 'Yasujiro Ozu truly tries to achieve stillness'

The indie director discusses Ozu's cinematic impact on the 120th anniversary of his birth at the Tokyo International Film Festival.
The construction site of a new Taiwan Semiconductor Manufacturing Co. factory in Kikuyo, Kumamoto Prefecture
BUSINESS / Economy
Nov 9, 2023

Japan set to earmark ¥2 trillion for chips in extra budget

Japan is in the midst of a spending spree to revive its chip industry with an aim to triple the sales of domestically produced semiconductors by 2030.
Bank of Japan Gov. Kazuo Ueda speaks at a news conference following the central bank's policy meeting on Oct. 31.
BUSINESS / Economy
Nov 9, 2023

BOJ debated groundwork for future easy-policy exit at meeting

The October discussions highlight how the central bank is looking to exit its decade-long accommodative regime.
Coffee is served from a Toyota-developed fuel cell food truck at an event in Hita, Oita Prefecture, in October.
BUSINESS / Tech / Regional voices: Chubu
Nov 13, 2023

Toyota's fuel cell vehicles include food trucks and mobile offices

The carmaker is offering a variety of ways to utilize FCVs by taking advantage of their lack of tailpipe emissions and ability to generate electricity.
People from Hawaii pray for the victims of the Great East Japan Earthquake, on a beach in Iwaki, Fukushima Prefecture, in 2014.
JAPAN / History / Regional Voices: Fukushima
Nov 13, 2023

Fukushima celebrates a century of special ties with Hawaii

Residents emigrated to Hawaii and other places to cultivate undeveloped land, and made a living by working in the sugar industry.
Staff at the Tokyo Legacy Half Marathon 2023 collect used paper cups after the event on Oct. 15.
JAPAN / Society
Nov 9, 2023

Japanese paper-makers pioneer domestic recycling of paper cups

Until now paper cups have typically been discarded as flammable waste, but are made from high quality pulp that can be reused.
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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