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November 24, 2024
 

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Akio Mimura, honorary chairman of Nippon Steel and head of a private panel focused on depopulation, submits the group's proposal to Prime Minister Fumio Kishida in Tokyo on Tuesday.
JAPAN / Society
Jan 10, 2024

Japan should aim to maintain population of 80 million by 2100: panel

A group comprising academics and business leaders say a higher target than the projected 63 million is needed to maintain economic growth.
Ayao Komatsu speaks during an event ahead of the Japanese Grand Prix at Suzuka Circuit in Mie Prefecture on Sept. 21.
MORE SPORTS / Auto Racing
Jan 11, 2024

Tokyo native Komatsu takes over as Haas F1 boss after Steiner's departure

"In appointing Ayao Komatsu as Team Principal we fundamentally have engineering at the heart of our management," the team owner said.
Bank of Japan Gov. Kazuo Ueda speaks during a news conference at the central bank's headquarters in Tokyo on Dec. 19.
BUSINESS / Economy
Jan 11, 2024

OECD urges Bank of Japan to gradually raise interest rates

The central bank should thus continue efforts to make the yield curve control more flexible, the organization said.
Security guards along the Bund in front of buildings in the Lujiazui Financial District in Shanghai on Tuesday. The pivot away from China may accelerate as positive catalysts are missing at a time when the U.S. Federal Reserve shifts toward monetary easing.
BUSINESS / Markets
Jan 11, 2024

China is fast losing its place as a must-have in global portfolios

An analysis of filings by 14 U.S. pension funds with investments in Chinese stocks show most of them have reduced their holdings since 2020.
Monitors at a foreign exchange dealer show the Nikkei Stock Average rising above 35,000 during morning trading in Tokyo on Thursday.
BUSINESS / Markets
Jan 11, 2024

Nikkei breaches 35,000 for the first time in 34 years

Wall Street's tech-driven gains and a weakening of the yen give Japanese stocks a boost for third day in a row.
The Bank of Japan is fully prepared to put an end to the world’s last negative interest rate, an ex-official has said.
BUSINESS / Economy
Jan 11, 2024

BOJ fully prepared to end negative rate, likely in April: ex-official

"They are just waiting for one last push from one or two economic data,” said former board member Makoto Sakurai.
U.S. President Joe Biden gives a thumbs-up as he walks with Chinese leader Xi Jinping at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation summit, in Woodside, California, on Nov. 15. Their meeting attempted to calm the waters and tried to convey a sense that the U.S. and China could effectively manage their differences.
ASIA PACIFIC / Politics / ANALYSIS
Jan 11, 2024

In 2024, U.S.-China ties likely to get worse before they get better

The trajectory of Washington and Beijing's relationship this year will have profound effects on Japan's own policies going forward.
People take photographs during the launch of Boeing-Lockheed joint venture United Launch Alliance's next-generation Vulcan rocket on its debut flight from Cape Canaveral, Florida, on Monday.
BUSINESS / Tech
Jan 11, 2024

Vulcan rocket's debut brings long-awaited challenge to SpaceX dominance

Dependence on SpaceX has been a concern for the Pentagon, which wants multiple vendors of rides to orbit.
Meiji's canned liquid baby formula is in high demand following the New Year's Day quake that hit central Japan.
BUSINESS / Companies
Jan 11, 2024

Meiji to boost liquid baby formula production after quake

The company has received more than twice the usual number of orders for such products so far this month.
A Tokyo Gas Co. storage tank at the company's Setagaya facility in Tokyo
ENVIRONMENT / Climate change
Jan 12, 2024

World trying to quit fossil fuels gets flood of gas instead

Formerly a sluggish sector, global events spurred LNG's expansion
Hiromi Uetake has future plans to turn some of the currently unused rooms of the former elementary school into taprooms for visiting customers.
LIFE / Food & Drink
Jan 14, 2024

Craft beer’s hoppy road to the deep north

Beer drinkers in these occasionally frozen lands now enjoy flavors infused with deep stories and their home prefectures’ splendid natural beauty.
Who should foot the bill when it comes to making sure Japan's new ¥500 coin can actually be used as widely as the old one?
COMMUNITY / Voices / FOREIGN AGENDA
Jan 15, 2024

All ¥500 coins that glitter are not gold

Twenty years on and the ¥2,000 note can almost certainly still be described as a “novelty" — what if the new ¥500 coin is destined for the same fate?
A monitor in Tokyo shows the Nikkei stock average briefly rising by over 700 points on Friday morning.
BUSINESS / Markets
Jan 12, 2024

Nikkei posts 34-year high, best week in 22 months

The rise was driven both by receding bets on an early exit from the Bank of Japan's stimulus and sheer momentum as foreign investors returned.
After a fuselage panel ripped off during an Alaska Airlines flight on Jan. 5, all Boeing 737 Max 9 planes were grounded in the United States.
COMMENTARY / World
Jan 12, 2024

We're stuck with the 737 Max, like it or not

The most recent incident involving a Boeing 737 Max won't stop airlines from using the craft. There simply aren't that many other options.
The recent surge in the 225-issue Nikkei average has some strategists believing it could rewrite a new all-time high later this year.
BUSINESS / Markets
Jan 13, 2024

Surging Nikkei may top 40,000 this year, strategists say

The recent surge in the 225-issue Nikkei average has some strategists believing it could rewrite a new all-time high later this year and breach the 40,000 mark.
The Financial Services Agency ordered SBI Securities to halt part of its business related to initial public offerings through Jan. 18 as a penalty for having manipulated clients' post-IPO share prices.
BUSINESS / Companies
Jan 13, 2024

Japan’s biggest online brokerage SBI punished for market rigging

The Financial Services Agency on Friday instructed the nation’s biggest online broker SBI Securities not to solicit trade orders from clients for shares on the day they list.
Eleven of 21 sectors surveyed saw increases in winter bonus payments at major Japanese firms.
BUSINESS / Economy
Jan 13, 2024

Winter bonuses at major Japan firms see modest rise

The average increased for the second year in a row, though at a slower pace than the 7.77% growth marked in winter 2022.
As Kura has grown, so has the hype, with diners sometimes enduring seven-hour waits to try its automated sushi-serving machines and dishes under plastic domes brought to the table on a revolving belt.
BUSINESS / Companies
Jan 13, 2024

Kura Sushi must live up to high hopes after wowing Wall Street

Kura shares have surged more than sixfold since their 2019 debut, climbing from an initial public offering price of $14 to $88.55.
A screen displays the Nikkei 225 Stock Average figure on the trading floor at the Nomura Securities headquarters in Tokyo on Thursday.
BUSINESS / Markets
Jan 13, 2024

Tokyo stocks find their mojo as bubble-era highs draw nearer

The roaring start to 2024 looks to be on far more solid ground than last time stocks reached these levels as investors bet the country is escaping deflation.
Former U.S. President Donald Trump participates in a livestream event with Iowa’s attorney general, Brenna Bird in Des Moines, Iowa, on Saturday.
WORLD / Politics
Jan 14, 2024

U.S. presidential election heats up as frigid Iowa tests Trump

With a commanding lead in polls, the ex-president is expected easily to win the Midwestern state's first-in-the-nation vote.
Prime Minister Fumio Kishida (center, right) speaks with Shigeru Sakaguchi, mayor of Wajima, Ishikawa Prefecture, and volunteers during his visit to an evacuation center in the city on Sunday.
JAPAN
Jan 14, 2024

Kishida makes first visit to Noto Peninsula after quake

Speaking to people at an evacuation center in Wajima, Kishida encouraged them to keep their hearts strong amid the difficult situation.
The Japanese term "yarinuku" means to do something to completion and implies there were difficulties along the way. It may feel like climbing a mountain, but it's often used in the boardroom.
LIFE / Language / BILINGUAL
Jan 19, 2024

Persevere with your Japanese grammar using these compound verbs

By mixing and matching certain verbs, your vocabulary will expand immensely.
Soichiro Watanabe, Panasonic's chief technology officer for EV batteries, says production of a revamped version of the firm's 2170 cells will begin at its manufacturing plant in Nevada as early as this year.
BUSINESS / Companies
Jan 15, 2024

Panasonic to make upgraded electric car battery as early as 2024

Production of a revamped version of the company's 2170 cells will begin at its manufacturing plant in Nevada sometime during 2024 or 2025.
The continued demand for and access to banned Nvidia chips underlines the lack of good alternatives for Chinese firms despite the nascent development of rival products from Huawei and others.
BUSINESS / Tech
Jan 15, 2024

China's military and government acquire Nvidia chips despite ban

The sales by largely unknown Chinese suppliers highlight the difficulties Washington faces.
U.S. House Speaker Mike Johnson
WORLD / Politics
Jan 15, 2024

U.S. Congress unveils temporary spending bill to avert shutdown

The temporary spending bill would extend funds for some agencies that face a Jan. 20 deadline.
Former finance ministry official Michio Saito says Japanese long-term yields won’t climb much beyond 1% even if the Bank of Japan revises its yield curve control program.
BUSINESS / Markets
Jan 15, 2024

Mr. JGB says end of BOJ’s negative rate won’t set yields on fire

Yields won’t keep shooting up after the initial jump as the central bank will still be offering support for the economy, says Nomura's Michio Saito.
Scallops from Hokkaido are served at an event in Sao Paulo on Sunday to promote Japanese seafood.
BUSINESS
Jan 15, 2024

Japan promotes fishery products at event in Brazil

The move is meant to cut reliance on the Chinese market after Beijing banned seafood imports from Japan last year.
The Nikkei stock average temporarily rose above the 36,000 mark in Tokyo trading Monday.
BUSINESS / Markets
Jan 15, 2024

Nikkei hits 34-year peak above 36,000 as shippers rally

The index finished the day nearly 1% higher at 35,901.73, after touching the highest since February 1990 at 36,008.23.
Iga Swiatek won the WTA Finals in November 2023 to end an event that featured bad weather and a number of complaints from the players.
TENNIS
Jan 15, 2024

WTA and ATP Tours embarking on year of formative changes

The WTA is looking to take steps toward equal pay for women at combined events, and the ATP hopes to align the interests of its players and tournaments.
Shipping containers at a port in Lianyungang, eastern China's Jiangsu province, on Friday
BUSINESS
Jan 15, 2024

Most Japanese firms don’t see China’s economy improving in 2024

More than 400 companies said they cut investment in China last year, according to a survey of 1,713 firms by the Japanese Chamber of Commerce and Industry in China.
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

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