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November 24, 2024
 

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The Bulls' court is painted red for their NBA In-Season Tournament game against the Nets at the United Center in Chicago on Nov. 3.
BASKETBALL
Dec 4, 2023

New in-season tournament delivering early returns for NBA

The NBA In-season Tournament was established to add spice to the early part of the season.
Shein, a Chinese-founded online fast fashion platform, has filed to go public in the U.S. in what could be one of the world’s biggest IPOs.
COMMENTARY / World
Dec 4, 2023

Chinese are making a killing everywhere but in China

China's companies are racing to reap the benefits of entering the U.S., while also running away from a crowded and competitive local market.
A BMW electric vehicle is charged at a charging station in Drogenbos, Belgium, in November.
BUSINESS
Dec 4, 2023

EU's electric dreams short-circuited by EV charging gridlock

The process for setting up a fast EV charging station has risen to an average of two years from six months in the last few years.
The graphics processing units made by U.S.-based Nvidia dominate the market for artificial intelligence.
BUSINESS
Dec 4, 2023

Nvidia CEO says he will try to prioritize Japan for AI processors

Japan is rushing to rebuild its once world-leading semiconductor infrastructure and catch up on the development of AI technology.
A man talks on the phone during COP28 in Dubai on Monday.
BUSINESS
Dec 4, 2023

Japan, France back plan to boost climate lending with IMF reserves

Multilateral development banks say they can bolster climate finance in developing markets by leveraging the IMF's Special Drawing Rights.
Consumer prices excluding fresh food rose 2.3% in November from the prior year in Tokyo.
BUSINESS / Economy
Dec 5, 2023

Tokyo inflation cools to slowest pace in over a year

The development supports the Bank of Japan’s view that it should continue to be cautious about a tightening of policy.
Big Japanese banks are now training a generation of professional front-line staff who have little experience with rising interest rates.
BUSINESS
Dec 5, 2023

Staff at Japan's banks scramble to adjust to rising interest rates

Many younger employees have no expertise in dealing with the vagaries of a traditional inflationary environment.
The MP Materials rare earth open-pit mine in Mountain Pass, California, in January 2020. Western startups are focusing their attention on the process of refining rare earths — some of them pivoting from mining — that China has spent the past 30 years mastering.
BUSINESS / Companies
Dec 5, 2023

Western startups seek to break China's grip on rare earths refining

The companies are looking for faster, cleaner and cheaper ways to process the minerals that are critical for billions of electronic devices.
Kei Umeda, CEO of Mizuho Trust & Banking, speaks during an interview in Tokyo on Nov. 27.
BUSINESS
Dec 5, 2023

Mizuho sees firms scrambling to meet TSE's capital efficiency call

In January the Tokyo bourse will start publishing a list of companies that have disclosed action plans in line with its call to improve use of capital.
Starbucks' stock has fallen for the past two weeks amid concern about "still-slow China data” and sales trends, according to one analyst.
BUSINESS / Companies
Dec 5, 2023

Starbucks heads for record losing streak as sales concerns mount

An 11-day stock slump has erased 10% of the coffee giant's market value, or nearly $12 billion.
SoftBank has agreed to buy a majority stake in Irish software developer Cubic Telecom for around €473 million.
BUSINESS / Companies
Dec 5, 2023

SoftBank buys majority stake in Irish car software developer

SoftBank will acquire 51% of Cubic Telecom, which provides a platform for automakers to update software functions in cars globally and in real time.
The average price of whole Christmas cakes in Japan is up 7.8% from a year earlier, reflecting steep rises in prices of ingredients.
BUSINESS
Dec 6, 2023

Christmas cake prices jump 7.8% in Japan

According to a survey by Teikoku Databank, prices of Christmas cakes measuring 15 centimeters in diameter average ¥4,468.
Officials from iQPS celebrate in the city of Fukuoka in June after the successful launch of a rocket carrying a small satellite developed by the firm.
BUSINESS / Companies
Dec 6, 2023

Satellite imagery startup iQPS surges 82% in Tokyo debut

The stock opened at ¥860 per share versus its IPO price of ¥390, with trading delayed by nearly five hours due to a glut of buy orders.
Workers collect recyclable garbage including plastic bottles on World Environment Day in Tokyo in June 2020.
COMMENTARY / Japan
Dec 6, 2023

New solutions tackle Japan’s waste problem at its core

Issues like the plastics and climate crises seem insurmountable — until we apply "systemic design," as several Japanese initiatives are showing.
Italian Prime Minister Giorgia Meloni
WORLD / Politics
Dec 7, 2023

Italy withdraws from China's Belt and Road initiative

The long-expected decision was quietly communicated to Beijing three days ago without any official announcement.
Members-only Japanese sushi restaurant Sushi Namba and jazz bar lounge Listening Room will open in Miami next summer.
BUSINESS / Companies
Dec 7, 2023

Top Tokyo sushi chef brings unique flavors to Miami, members only

A $10,000 fee will give members access to monthly seats at the sushi counter, as well as the bar and jazz lounge.
British Prime Minister Rishi Sunak greets Rwandan President Paul Kagame at Downing Street in London on May 4.
WORLD / Politics
Dec 7, 2023

Rishi Sunak’s Rwanda bill seeks to waive some human rights law

Deportation plan to deter asylum-seekers from France is one of his key pledges to U.K. voters ahead of polls that he must call in 14 months.
Chinese fast-fashion upstart Shein has excelled with its offering of $9 hoodies and other bargain-basement apparel.
BUSINESS / Companies
Dec 7, 2023

Amazon targets Shein with fee cuts for cheap apparel sellers

Rare move by U.S. e-commerce giant shows its intent of muscling into Chinese fast-fashion upstart's territory.
Workers organize used clothing for packaging at a warehouse near Barcelona on Aug. 1.
ENVIRONMENT / Climate change
Dec 7, 2023

How to fix the carbon crisis in fast fashion

Positive partnerships between brands and manufacturers are crucial for the sector to achieve its net-zero goals.
A pharmacist holds a box of Novo Nordisk A/S Wegovy brand semaglutide medication.
BUSINESS / Companies
Dec 7, 2023

Can Wegovy fight alcoholism? For Big Pharma, this isn’t a priority

Reluctance underscores reasons why no new treatment has been approved for alcoholism in nearly 20 years.
Traffic along a highway amid heavy smog and pollution in New Delhi in November
ENVIRONMENT / Energy
Dec 7, 2023

As China enjoys cleaner air, India's pollution struggle continues

Huge swaths of northern India choke on clouds of polluted air during winter as temperatures drop, winds disappear and farmers set fields ablaze.
Lawyers representing a consumer advocacy group speak to reporters on Wednesday after filing a cease and desist lawsuit against online travel agency Agoda.
BUSINESS
Dec 7, 2023

Saitama consumer group files lawsuit against travel agency Agoda

The group said the firm’s terms of service that limit it from being liable for compensation violate consumer protection laws.
Remains of a Yayoi Period building found on the former British Embassy property in Tokyo
JAPAN / Society
Dec 7, 2023

Yayoi Period village remains found on former British Embassy grounds

Despite the discovery, construction on the site is set to continue after the excavation of the area concludes in March.
Bank of Japan Gov. Kazuo Ueda speaks to reporters after meeting with Prime Minister Fumio Kishida at the Prime Minister's Office on Thursday.
BUSINESS / Economy
Dec 7, 2023

BOJ’s Ueda meets Kishida and discusses monetary policy stance

The meeting is likely to make BOJ watchers nervous given that the central bank made a surprise policy tweak last December after similar talks.
Spectators watch as a SpaceX Falcon 9 rocket lifts off with a payload of 21 Starlink satellites from the Cape Canaveral Space Force Station in Florida on Feb. 27.
WORLD / Science & Health
Dec 7, 2023

Starlink arctic test paves way for U.S. government contracts

Smooth performance under extreme conditions makes satellite service a crucial asset in an increasingly vital area of competition with Russia and China.
Beet carpaccio served with fresh cream and caviar, the signature dish of three-Michelin-star chef Mauro Colagreco, features at Cycle, his much-anticipated new restaurant in Otemachi.
LIFE / Food & Drink / TOKYO FOOD FILE
Dec 9, 2023

Tokyo dining finally kicked the pandemic blues in 2023

The further we got into 2023, the more it really started to feel like COVID-19 had finally dissipated like a malodorous mist.
Japan’s economic recovery from the pandemic is losing momentum as overseas economies slow and sticky inflation weighs on domestic consumption.
BUSINESS / Economy
Dec 8, 2023

Japan’s deepest economic contraction since pandemic clouds path for BOJ

Gross domestic product contracted at an annualized 2.9% in the three months through September from the previous quarter as households reined in spending.
North Korean leader Kim Jong Un speaks during an event in Pyongyang. Smuggling efforts could be directly linked to the North's military ambitions, analysts have said.
ASIA PACIFIC / Politics
Dec 8, 2023

North Korean smugglers disguised under Pacific island flags

With strict sanctions limiting Pyongyang's ability to import fuel, smugglers have adopted increasingly creative methods.
Hunter Biden departs the federal courthouse in Wilmington, Delaware, on July 26.
WORLD / Politics
Dec 8, 2023

Hunter Biden faces federal tax charges in Los Angeles

The new criminal case could reveal more evidence that supports corruption allegations levied by Republicans.
Users often do not realize that almost all app notifications travel over Google and Apple's servers, giving the two companies unique insight into the traffic flowing from those apps to their users.
BUSINESS / Tech
Dec 8, 2023

Smartphone users' push notifications spied on, U.S. senator warns

Users often do not realize that almost all notifications for incoming messages, breaking news and other updates travel over Google and Apple's servers.
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

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

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