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November 24, 2024
 

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Recent attacks on vessels in the Red Sea by the Iran-aligned Houthi militant group have forced shipping companies to reroute around the Cape of Good Hope to avoid the Suez Canal.
BUSINESS / Companies
Dec 20, 2023

Companies rush to avert Red Sea attacks as shipping rates rise

They are exploring alternative routes to avoid the region where the Houthi militant group is actively targeting vessels.
Japan's exports in November fell for the first time in three months, dragged down by China-bound chip shipments, underscoring worries that slowing overseas economies will complicate policymakers' efforts to wind back on stimulus.
BUSINESS / Economy
Dec 20, 2023

Japan’s exports dip as global slowdown puts pressure on recovery

Exports fell 0.2% from a year earlier despite weakness in the yen, dashing economists' hopes for a 1.4% increase and support from overseas demand.
A 2023 Toyota Prius vehicle during an auto show in New York in April
BUSINESS / Companies
Dec 20, 2023

In the birthplace of Toyota’s Prius, hybrids now reign supreme

Japan’s biggest carmakers have only recently promised to roll out a wider slate of battery-only models in the next two to three years.
Some analysts believe Japan's stock market will be fragile in the coming months due to such factors as weak consumer spending and political instability.
BUSINESS / Markets
Dec 20, 2023

Japanese stocks expected to face early hurdles in 2024

Analysts see the nation’s equities indexes struggling over the next few months due to factors such as a stronger yen and weak consumer spending.
Muscat International Airport in Oman was ranked No. 1 in AirHelp’s just-released annual global airport scores.
BUSINESS
Dec 20, 2023

Japan scores highly in ranking of 2023’s best and worst airports

More than 4,000 airports worldwide were assessed for on-time performance, airport navigation, food and shopping options.
Tokyo police officers head to host clubs in the Kabukicho district in Shinjuku Ward for inspections on Friday.
JAPAN / Crime & Legal
Dec 20, 2023

Women arrested for prostitution in Shinjuku tripled in 2023

The issue of women going into prostitution as a result of loans used to finance host club visits has become a huge problem.
Music streaming service Spotify started offering audiobooks in October, but not everyone in the book industry is thrilled.
BUSINESS / Companies
Dec 20, 2023

Spotify's push into audiobooks sparks concern among authors

Spotify began offering complimentary audiobooks to millions of customers in October as part of their monthly subscriptions.
While non-Japanese readers have in recent years been spoiled for choice when it comes to Japanese literature in translation, there is still a wealth of notable works that translators would love to see rendered into English.
CULTURE / Books
Dec 20, 2023

A wish list of hidden gems for Japanese literature lovers

Eight translators reveal their top Japanese books that English readers have yet to enjoy.
Voters in countries representing more than 40% of the world’s population, including India, Indonesia and the U.S., will go to the polls between now and the end of 2024.
COMMENTARY / World
Dec 18, 2023

Democracy and climate politics are set to collide next year

Voters in countries representing more than 40% of the world’s population will go to the polls between now and the end of next year.
Tokyo-based Bridgestone decided in March 2022 to suspend all manufacturing activities and freeze new investments in the Russia following Moscow's invasion of Ukraine.
BUSINESS / Companies
Dec 20, 2023

Bridgestone exits Russia with asset sale to serial buyer S8 Capital

Bridgestone, present in Russia since 1998, decided in March 2022 to suspend all manufacturing activities and freeze new investments in the country.
Young Japanese eels successfully hatched from the full-cycle breeding process
BUSINESS
Jan 2, 2024

Full-cycle onshore aquaculture in the spotlight in Japan

The farming method is being developed at a time when factors including overfishing are leading to falls in stocks.
Japan's real economic growth rate for fiscal 2023 ending in March 2024 is estimated at 1.6%, up from 1.3% seen half a year ago.
BUSINESS / Economy
Dec 21, 2023

Japanese government lifts economic growth estimates

The real economic growth rate for fiscal 2023 ending in March 2024 is estimated at 1.6%, up from 1.3% seen half a year ago.
The Galaxy Leader cargo ship is escorted by Houthi boats after being hijacked in the Red Sea in this photo released on Nov. 20.
BUSINESS / Companies
Dec 21, 2023

Exporters explore flights to avoid deepening Red Sea bottleneck

Iran-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea since Nov. 19.
A line worker installs an airbag at GM's Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, in 2018.
BUSINESS / Companies
Dec 21, 2023

Carmakers battle massive air-bag recall that may cost $10 billion

The U.S. safety regulator could recall as 52 million air-bag inflators made by ARC Automotive after some were reported to have exploded.
In Japan, most of the trending hashtags on X on Thursday are related to the platform's outage.
BUSINESS / Tech
Dec 21, 2023

Social media platform X back up after wide-scale outage

Social media platform X suffered a global outage on Thursday, with users being unable to view posts.
Police officers stand guard outside the Liberal Democratic Party headquarters in Tokyo on Dec. 14. The ruling party is currently trying to contain a funding scandal that threatens the future of the Kishida administration. 
COMMENTARY / Japan
Dec 20, 2023

'Strategic Communication' is a missing link in Japan's crisis management

From gaffes to governance, lessons in "strategic communications" for Japanese politicians.
Former education minister Kisaburo Tokai, who has been tapped as Liberal Democratic Party policy chief, speaks to reporters Thursday at the Prime Minister's Office.
JAPAN / Politics
Dec 21, 2023

Kishida makes more LDP leadership changes in bid to restore trust

The changes come a week after he dismissed four key members of his Cabinet who were also Abe faction members suspected of receiving unreported funds.
Real Madrid's Luka Modric battles for the ball with FC Barcelona's Ilkay Gundogan during a match in October. Plans for a European Super League bringing together elite soccer clubs such as the two Spanish outfits won a surprise boost on Thursday.
SOCCER
Dec 22, 2023

Teams shun European Super League despite shock court victory

UEFA and FIFA are "abusing a dominant position” by applying arbitrary rules on approval, control and sanctions, the top EU court said.
Workers disassemble vehicle battery packs in a workshop in Dongguan, China.
BUSINESS / Economy
Dec 22, 2023

China bans export of rare earths processing tech over security

China has significantly tightened rules guiding exports of several metals this year, in an escalating battle with the West over control of key minerals.
The U.S. Steel Clairton Coke Works in Clairton, Pennsylvania. U.S. President Joe Biden's top economic advisor said the purchase of the firm by Nippon Steel deserves serious scrutiny, in the latest sign of political pressure over the deal.
BUSINESS / Companies
Dec 22, 2023

Nippon-U.S. Steel deal deserves 'serious scrutiny,' White House says

The White House said it views a strong domestic steel industry as vital to the U.S. economy and national security.
An employee inspects integrated circuit boards at a factory in Suzhou, China.
BUSINESS
Dec 22, 2023

U.S. to scrutinize Chinese chipmakers as Biden mulls tariffs

Over 100 companies in various sectors to be surveyed on their procurement and use of legacy chips
Shinjuku's Kabukicho is filled with colorful individuals that give the neighborhood its character.
LIFE / Travel / Longform
Dec 22, 2023

Christmastime in Shinjuku Golden Gai

One of Tokyo's most storied watering holes gets a little quiet during the holidays now that it relies quite a bit on tourists.
Japan's core consumer prices rose 2.5% in November from a year earlier, marking the slowest pace of increase in over a year in a sign of easing cost-push pressures in the world's third-largest economy.
BUSINESS / Economy
Dec 22, 2023

Japan’s cooling inflation also offers encouraging signs for BOJ

Consumer prices excluding fresh food items rose 2.5% from a year earlier as falls in energy costs deepened and gains in processed food prices eased.
A meeting is held at the Liberal Democratic Party's headquarters in Tokyo on Friday to officially replace two of the party's executives.
JAPAN / Politics
Dec 22, 2023

In search for top officials, Kishida constrained by funds scandal

The limited number of viable candidates not suspected of misconduct means new appointees look more likely to be stopgap replacements.
Digital minister Taro Kono (second from right) and health minister Keizo Takemi hand out leaflets to promote the use of My Number cards as health insurance certificates at Jikei University Hospital in Tokyo last month.
JAPAN / Science & Health
Dec 22, 2023

Japan to scrap health insurance cards from December next year

The government aims to streamline administration and improve health care services by integrating the function of the cards into My Number cards.
JAXA’s Smart Lander for Investigating Moon (SLIM) spacecraft is expected to land on the lunar surface in early 2024.
COMMENTARY / Japan
Dec 21, 2023

One small step for a JAXA spacecraft, one giant leap for exploration

In 2024, we can look forward to the arrival on the moon of JAXA's SLIM spacecraft. Its groundbreaking accuracy could further propel space exploration.
A Patriot Advanced Capability-3 (PAC-3) surface-to-air guided missile at the Air Self-Defense Force's Miyakojima Sub Base in Okinawa Prefecture in November
JAPAN
Dec 22, 2023

In major shift, Japan eases rules on exporting defense gear

The policy change could see Japan make its first export of lethal military equipment as early as next year.
A turbine generator at JERA's No. 2 coal-fired power unit at its Yokosuka plant in Kanagawa Prefecture.
BUSINESS
Dec 23, 2023

JERA starts operating Yokosuka coal-fired plant ahead of schedule

The move comes despite mounting criticism over its continued use of power plants that are fired by the dirtiest fossil fuel.
In writing "Climate Capitalism: Winning the Global Race to Zero Emissions," journalist Akshat Rathi said his goal was to try and determine where climate solutions are being built and uncover the challenges that they face.
ENVIRONMENT / Climate change / OUR PLANET
Dec 24, 2023

Finding crucial solutions in a time of climate crisis

Journalist Akshat Rathi explores the economic side of the emergency in his book ‘Climate Capitalism.'
Subsidies in China turned the country into an electric vehicle giant but produced weed-infested graveyards of abandoned EVs.
BUSINESS / Tech
Dec 25, 2023

No one wants used EVs, making new ones a tougher sell too

In the $1.2 trillion secondhand market, prices for battery-powered cars are falling faster than for their combustion-engine cousins.
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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