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November 24, 2024
 

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SoftBank Group booked a profit for the December quarter after four straight quarters of losses.
BUSINESS / Companies
Feb 8, 2024

SoftBank swings to profit lifted by T-Mobile windfall

SoftBank recorded its first profit after four straight quarters of losses, backed by a rebound of the Vision Fund and gains from T-Mobile shares.
At the new teamLab Borderless museum, the crowd-favorite room of lamps from Borderless 1.0 has evolved into a room of light bubbles, which interact with each other and the bodies passing by.
CULTURE / Art
Feb 8, 2024

Have we reached teamLab saturation?

The art collective re-opens its Borderless museum in Azabudai Hills. But the experience is starting to feel stale.
Japanese companies are paying higher starting salaries as they struggle to secure young workers.
BUSINESS / Economy
Feb 9, 2024

Japanese firms boosting pay for young workers is good news for Bank of Japan

If wage gain momentum carries over into this year, the BOJ is expected to end the world’s last negative interest rate regime by April.
While in recent years Donald Trump is better known for his trade war with China, the former president has a long history of Japan-bashing and should be taken at his word on the U.S. Steel purchase by Nippon Steel.
COMMENTARY / Japan
Feb 9, 2024

Trump is wrong to oppose Nippon Steel deal

"I would block it instantaneously. Absolutely,” Trump said of Nippon Steel’s bid, and he should be taken seriously and literally.
A Uniqlo store in Shanghai, China. The clothing chain's operator Fast Retailing announced last year that it expected to open 80 stores in China and roughly 60 new stores each year in Southeast Asia, India and the Australian region.
BUSINESS / Companies
Feb 9, 2024

Fast Retailing’s peer-beating 48% jump may extend on global push

Uniqlo owner has become one of the top performers among 10 other clothing companies worldwide that have a market value exceeding $10 billion.
An advertisement for the new Nippon Individual Savings Account in Tokyo in January
BUSINESS / Companies
Feb 9, 2024

Revamp of tax-free investments in Japan spurs jump in accounts

The creation of the new savings accounts is one of a slew of measures to lure more buyers to the Japanese market.
Pop superstar Taylor Swift delighted fans at her sold-out Tokyo Dome show on Wednesday by confidently telling the audience, “Eras Tour e yokōso!” (“Welcome to The Eras Tour!”)
CULTURE / Music
Feb 9, 2024

Taylor Swift slays her Tokyo era

Pop's reigning queen gets sold-out crowd singing along to her hits for the Japan leg of the global Eras Tour.
Daihatsu President Soichiro Okudaira submits a report to transport minister Tetsuo Saito on measures the automaker will take to prevent a recurrence of safety testing fraud, on Friday in Tokyo.
BUSINESS / Companies
Feb 10, 2024

Daihatsu reports measures to prevent recurrence of testing fraud

"We want to implement recurrence prevention measures firmly and make the company capable of doing its job properly," the firm's president said.
Michael Jackson performs in Vienna in 1997. Jackson, one of the top selling artists in pop music, died in 2009, leaving an estate worth hundreds of millions of dollars but large debts to work out.
BUSINESS / Companies
Feb 10, 2024

Sony to buy 50% stake in Michael Jackson music for $600 million

The agreement may also include songs from other artists that are part of the Mijac publishing catalog in what would be the largest such deal ever.
U.S. President Joe Biden answers questions from reporters at the White House in Washington on Thursday.
WORLD / Politics
Feb 11, 2024

Biden’s gaffe-heavy week shows dilemma over 2024 media strategy

The president's aides ponder whether it’s better to confront or ignore concerns about his age and acuity.
A slew of listed Japanese firms have logged solid earnings for the nine months ended in December including Toyota, which posted operating and net profits that reached the highest levels on record for a Japanese company.
BUSINESS / Companies
Feb 11, 2024

Major Japanese firms post higher earnings in April-December period

Of 786 component firms of the broad Topix index that had announced their April-December results as of Wednesday, 455 companies reported higher net profits.
Monet Technologies' robotaxi service, partly designed to address serious shortages of taxi drivers, will use vehicles based on Toyota's Sienna minivan.
BUSINESS / Tech
Feb 11, 2024

Toyota affiliate to start Robotaxi service in Tokyo

The new robotaxi service, partly designed to address serious shortages of taxi drivers, will use vehicles based on Toyota's Sienna minivan.
Manchester City's Erling Haaland (right) and Everton's James Tarkowski vie for the ball during their match in Manchester on Saturday.
SOCCER
Feb 12, 2024

Manchester City gets stars back as club eyes more Champions League glory

Pep Guardiola's men head to FC Copenhagen for the first leg of their last 16 tie on Tuesday on the back of 10 consecutive wins in all competitions.
India's Prime Minister Narendra Modi waves to his supporters as he arrives at a rally in Guwahati, India, on Feb. 4.
WORLD / Politics
Feb 12, 2024

Modi flexes global muscle with Abu Dhabi visit and temple opening

While Islam is the UAE’s state religion, Modi’s Bharatiya Janata Party has long had a strained relationship with India’s Muslim population.
Workers walk to a Daihatsu factory in the town of Oyamazaki, Kyoto Prefecture, on Monday as the firm resumed production at the facility.
BUSINESS / Companies
Feb 12, 2024

Daihatsu resumes production of two models at Kyoto plant

The Toyota subsidiary hopes to restart gradually but its domestic vehicle production schedule remains unclear.
Indonesian Defense Minister and presidential candidate Prabowo Subianto salutes supporters during a campaign rally in Jakarta on Feb. 2.
ASIA PACIFIC / Politics
Feb 12, 2024

How could Indonesia’s presidential vote affect foreign relations?

While all three candidates portend continuity with their predecessor, only the front-runner vows more visible leadership in the region.
The tail of a BYD electric vehicle sports the company’s motto, “build your dreams,” at a dealership in Shenzhen, China, on Jan. 29.
BUSINESS / Companies
Feb 12, 2024

How China built BYD, its Tesla killer

BYD’s sales, over 80% of them in China, passed Tesla in worldwide sales of fully electric cars late last year.
Japan’s latest growth figures are set to confirm it slipped to become the world's fourth-largest economy last year.
BUSINESS / Economy
Feb 13, 2024

Japan GDP set to confirm slip to world’s fourth-largest economy

Figures for the calendar year are almost certain to show the value of output falling behind Germany’s in dollar terms.
The Nvidia headquarters in Santa Clara, California
BUSINESS / Tech
Feb 13, 2024

Nvidia briefly overtakes Amazon in market value

NVIDIA's market value momentarily surpassed Amazon's on Monday, fueled by soaring demand for its chips used in artificial intelligence computing.
U.S. President Joe Biden in Washington on Monday. Biden's re-election campaign has launched a TikTok account in a bid to reach younger voters, a move that comes as the popular short-form video platform confronts concerns over its ties to China.
BUSINESS / Tech
Feb 13, 2024

Biden’s TikTok foray triggers bipartisan angst over app's China ties

The bipartisan leaders of a House committee charged with curbing China's influence expressed concern Monday at President Joe Biden’s campaign on TikTok.
SoftBank Group shares surged for a third day in Tokyo on Tuesday.
BUSINESS / Tech
Feb 13, 2024

SoftBank shares climb again with Arm’s explosive AI rally

Arm Holdings has almost doubled in value since making the case last week for how it will benefit from the artificial intelligence boom.
Domino's Pizza Japan has apologized for a video of its employee pretending to pick his nose and wipe it on pizza dough.
JAPAN / Crime & Legal
Feb 13, 2024

Domino's apologizes over online video of employee's pizza antics

The pizza delivery giant's move came after a video surfaced online Monday of an employee pretending to pick his nose and wipe it on pizza dough.
A SpaceX Falcon 9 rocket lifts off from launchpad SLC-40 at the Kennedy Space Center on NASA's PACE mission in Cape Canaveral, Florida, on Feb. 8.
BUSINESS / Companies / FOCUS
Feb 13, 2024

Apollo to Artemis: Why America is betting big on private space

While it has seen some successes, the move could put the U.S. at risk of falling behind its principal space rival, China, in achieving major milestones.
U.S. television host Tucker Carlson interviews Russian President Vladimir Putin in Moscow in on Feb. 6. Carlson was criticized for failing to challenge the Russian leader on much of what he said.
COMMENTARY / World
Feb 11, 2024

Putin interview showed why he really invaded Ukraine

Tucker Carlson lobbed questions to help the Russian president serve up his usual string of half-truths and outright falsehoods about the war in Ukraine.
Canned ready-to-drink cocktails, including Asahi Breweries' 9% Clear Cooler Strong chūhai produced in conjunction with Seven & I Holdings, at a 7-Eleven store in Tokyo's Chiyoda Ward on Tuesday
BUSINESS
Feb 13, 2024

Asahi calls time on new strong chūhai amid low-alcohol shift in Japan

New versions of the canned fizzy cocktails with alcohol content of 8% or higher will not be launched in order to “reduce inappropriate drinking.”
The bond sale is part of Prime Minister Fumio Kishida's plan to sell ¥20 trillion of bonds to help finance projects such as developing low-cost wind power generators and airplanes that use alternative fuels.
BUSINESS
Feb 13, 2024

Japan's first sovereign green bonds expected to attract healthy demand

The financing is meant to help the nation cut greenhouse gases to zero by 2050 and become a carbon-neutral society.
A monitor in Tokyo shows the yen weakening past ¥150 per dollar late Tuesday night.
BUSINESS / Markets
Feb 14, 2024

Yen's slide past ¥150 per dollar prompts stern warnings from Japan

The yen has tumbled more than 6% versus the dollar so far in 2024.
Paolo Benanti, a Franciscan friar and a professor at the Gregorian, the Harvard of Rome's pontifical universities, in his office at the university in Rome on Jan. 29. Benanti advises the Vatican and the Italian government on navigating the tricky questions — moral and otherwise — raised by artificial intelligence.
WORLD / Society
Feb 14, 2024

The friar who became the Vatican’s go-to guy on AI

Father Paolo Benanti, an ethics professor and self-proclaimed geek, spends his days thinking about the Holy Ghost and the ghosts in the machines.
Bart Andre, who joined Apple in 1992, told colleagues this month that he is retiring. He helped create the aesthetic for Apple products released over the past three decades.
BUSINESS / Companies
Feb 14, 2024

Apple’s longest-serving designer to depart, adding to exodus

Bart Andre, who joined Apple in 1992 alongside Jony Ive, told colleagues this month that he is retiring.
Amazon CEO And Blue Origin Founder Jeff Bezos
BUSINESS / Companies
Feb 14, 2024

Jeff Bezos sells $4 billion of Amazon stock, avoiding $288 million levy

Moving to Florida, after Washington imposed a 7% gains tax, the world’s second-richest person offloaded 24 million shares over just four trading days.
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.
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.
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.
MUFG fires worker over ¥2 billion theft from clients’ safe deposit boxes
Mitsubishi UFJ Financial Group is investigating the incident and consulting with the police.
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
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.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

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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