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November 24, 2024
 

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Nvidia's shares slipped 0.17% on Tuesday, leaving its stock market value at $1.78 trillion, eclipsing Amazon's $1.75 trillion value after the online shopping and cloud-computing heavyweight's stock declined 2.15%.
BUSINESS / Companies
Feb 14, 2024

Nvidia market cap threatens Alphabet after overtaking Amazon

The chipmaker's stock market value at the end of Tuesday's trading session was $1.78 trillion, while that of Google's owner was $1.81 trillion.
The SpaceX Starbase in Brownsville, Texas, in August 2023
BUSINESS / Companies
Feb 14, 2024

SpaceX fined $3,600 over 'near amputation' as safety incidents mount

An investigation late last year found that Musk’s rocket company disregarded worker-safety regulations and standard practices at its facilities nationwide.
U.S. President Joe Biden has presided over a growing economy and some foreign leaders have said after meeting him that he is sharp and focused in private meetings, but his age is still an issue that is posing a drag on his poll numbers.
WORLD / Politics
Feb 14, 2024

Democrats bungle Joe Biden age concerns, some critics say

Their strategy so far has not quelled criticism or concerns about the U.S. president's fitness for the Oval Office.
Military personnel conduct raid operations in the area surrounding Guayaquil, Ecuador on Jan. 27. President Daniel Noboa’s new war on gangs has received widespread support in a nation overwhelmed by violence, but experts warn it could endanger civil liberties.
WORLD / Crime & Legal
Feb 14, 2024

Terrorized by gangs, Ecuador embraces the hard-line ‘Noboa way’

Ecuadorian President Daniel Noboa's war on gangs is popular among citizens in spite of activists warning of human rights violations.
Renesas Electronics will buy software firm Altium in the biggest acquisition yet of an Australian-listed company by a Japanese buyer.
BUSINESS / Companies
Feb 15, 2024

Japan chipmaker Renesas to buy software company Altium for $5.9 billion

The move marks the biggest acquisition yet of an Australia-listed company by a Japanese buyer.
Labor unions at Toyota and other carmakers are seeking record pay increases in this year's spring wage negotiations.
BUSINESS / Companies
Feb 15, 2024

Major auto firm unions request record pay hikes ahead of annual talks

Whether major automakers fully accept unions' demands for a second consecutive year is set to be in focus after the prime minister called for wage hikes.
Nvidia CEO Jensen Huang attends a session of the World Governments Summit in Dubai on Monday.
BUSINESS / Companies
Feb 15, 2024

Nvidia overtakes Alphabet, one day after eclipsing Amazon

The AI frenzy has boosted tech stocks associated with the field, but Nvidia stands out for its significant revenue growth.
Naoko Motooka began hunting 10 years ago. Her hobby is one way Hokkaido hopes to curb a current boom in the deer population.
PODCAST / deep dive
Feb 15, 2024

Hunting in Hokkaido; Taylor Swift comes to Tokyo

You probably don’t think of guns when you think of Japan, but Hokkaido’s hunters do.
Shanghai's financial district under heavy rain. China's economy has slowed down, with some pointing to a possible balance sheet recession.
COMMENTARY / World
Feb 15, 2024

Mr. Xi, only change will help China weather the storm

How does Xi Jinping plan to address China's growing economic woes? Only openness to change will allow the global power to survive these turbulent times.
Chu Yi, 23, who is doing a six-month apprenticeship to be a tattoo artist, uses her laptop during an interview at her home on the outskirts of Shanghai on Feb. 5.
BUSINESS / Economy
Feb 15, 2024

Some Chinese youth spurn corporate jobs for 'me time'

Surveys show that Generation Z is the most pessimistic of all age groups in China.
OpenAI has announced that it will add a memory feature to its AI-powered chatbot, ChatGPT.
COMMENTARY / World
Feb 15, 2024

The perils of giving ChatGPT more memory

ChatGPT developer OpenAI is rolling out a memory feature that, it says, will improve the bot. But not if it ends up replicating the biases of social media.
Fans of virtual YouTuber Selen Tatsuki and VTubers in general took to social media to express their outrage over major agency Nijisanji terminating Tatsuki’s contract.
LIFE / Digital / Japan Pulse
Feb 16, 2024

High-profile shakeups prompt scrutiny of virtual YouTuber industry

As VTubers enter a new era defined by prestige, Selen Tatsuki and Mikeneko's recent dramas demonstrate how complicated getting famous can be.
At the Akan International Crane Center, just north of the city of Kushiro proper, visitors can see the majestic red-crowned crane — a symbol of Hokkaido.
JAPAN / Society / Longform
Feb 17, 2024

Faces of the north: A Hokkaido town grapples with depopulation

Residents of Kushiro face an issue that more and more communities in Japan are having to deal with. The city may be young, but it's rich with tradition.
The decisions by JPMorgan and State Street to quit a global investor coalition will collectively remove trillions of dollars from efforts to coordinate Wall Street action on climate change.
BUSINESS / Companies
Feb 16, 2024

JPMorgan and State Street quit climate group as BlackRock steps back

Financial firms have faced growing pressure from Republican politicians over their membership in such groups.
The exact timing of the roll out of Rakuten Mobile's commercial satellite-to-mobile service is uncertain, but the plans for coverage encompass mountainous and remote areas across Japan.
BUSINESS / Tech
Feb 16, 2024

Rakuten plans satellite mobile service across Japan in 2026

The service, to be rolled out in partnership with AST SpaceMobile, will be directly accessible by regular smartphones and won’t require a terminal.
Bank of Japan Gov. Kazuo Ueda said Friday that the BOJ will examine the possibility of easing measures when price targets are met.
BUSINESS / Economy
Feb 16, 2024

BOJ's Ueda maintains pledge to review stimulus when inflation goal met

Data released on Thursday showed Japan's economy unexpectedly slipped into a recession in the final quarter of last year.
An electronic board displays the value of the Tokyo Stock Exchange in Tokyo on Friday.
BUSINESS / Markets
Feb 16, 2024

Nikkei stock index nears all-time high

The index closed at 38,487.24, up by 329.30 points and near the all-time high of 38,915 recorded in December 1989.
Exit polls show Defense Minister Prabowo Subianto (right) decisively winning the first round of voting for the presidency, eliminating the need for a runoff. The size and scale the election means finalizing the count will take weeks.
EDITORIALS
Feb 16, 2024

Prabowo’s win signals continuity for Indonesia and the region

Prabowo is likely to be more engaged in foreign policy, mostly because outgoing President Joko Widodo had been largely uninterested.
Finance Minister Shunichi Suzuki (left) speaks with Prime Minister Fumio Kishida during a plenary session of the Lower House in Tokyo on Jan. 30.
BUSINESS / Economy
Feb 17, 2024

Japan finance chief eyes future rise in interest rates, report says

"The Bank of Japan holds jurisdiction over monetary policy. But there will be a phase when interest rates go up," Finance Minister Shunichi Suzuki said.
Signage for the Nintendo Switch is seen in Manhattan, New York. The successor to the popular Switch was scheduled for release in late 2024, but several game publishers have been advised of a delay by the company.
BUSINESS / Companies
Feb 17, 2024

Nintendo is telling game publishers Switch 2 will be delayed

The firm is advising game publishers that its next-generation console will be delayed until the first quarter of 2025.
A delegation of Ukrainian officials look at machinery used for debris processing in Kashiwa, Chiba Prefecture, in January.
JAPAN
Feb 18, 2024

Japanese technology to contribute to Ukraine reconstruction, government hopes

Japanese officials will meet with Ukrainian counterparts in Tokyo on Monday to discuss measures to support the reconstruction of their country.
In the U.S., proof that inflation remains sticky and the labor market sound has convinced traders to embrace the Federal Reserve’s pushback against market bets on near-term easing.
BUSINESS / Economy
Feb 19, 2024

Cracks start to emerge in global central bank synchronicity

The synchronization among central banks might be about to weaken as domestic drivers take over from global trends in determining price outlooks.
Travelers at Shanghai Hongqiao railway station on Feb. 6. For the Feb. 10-17 period, there were 99.5 million rail trips made in China, a figure 36% higher than the comparable period in 2019.
BUSINESS / Economy
Feb 19, 2024

China’s new year travel and spending top pre-COVID levels

Some 474 million tourist trips were made around the country during the festival, which began Feb. 10 and concluded Saturday.
A Ukrainian serviceman carries a Leleka reconnaissance unmanned aerial vehicle (UAV) in Zaporizhzhia region, Ukraine, on Feb. 15
WORLD / Politics
Feb 19, 2024

Drone warfare and AI risks among talking points at Munich defense forum

The technologies help to partly neutralize a larger military's advantage, as seen in the Ukraine-Russian war, but they are ultimately double-edged swords.
NATO Secretary General Jens Stoltenberg traveled to the U.S. last month for a visit partly designed to sell the alliance and support for Ukraine to the Donald Trump camp.
WORLD / Politics
Feb 19, 2024

Europe seeks to sway Trump camp on NATO and Ukraine aid

European leaders argue that they are spending more on defense and will do more, and that protecting Europe projects U.S. strength to China.
The Japanese equity market is likely to benefit a lot from the Bank of Japan's exit from its ultraeasy monetary policy.
BUSINESS / Economy
Feb 19, 2024

BlackRock sees Japan stocks as big winner from BOJ policy shift

Japan seems to be in its final stage of declaring victory over decades of deflation.
Japan's core machinery orders in December rose 2.7% from from the previous month.
BUSINESS / Economy
Feb 19, 2024

Japan's December core machinery orders rise, but recovery seen limited

Core orders went up 2.7% in December from the previous month, Cabinet Office data has shown.
South Korea plans to increase the number of slots in university medical school programs by 2,000 from the current 3,058 next year to alleviate a shortage of doctors.
BUSINESS / Tech
Feb 19, 2024

For South Korea’s top students, medical school beats chips

Students are enticed by what many see as better job security and higher pay in the medical field.
The European Union plans to investigate TikTok, the video-sharing app owned by China's ByteDance, regarding its possible negative impacts on young people.
BUSINESS / Companies
Feb 20, 2024

EU launches probe into TikTok over alleged failure to protect children

Brussels is concerned the video-sharing app may not be doing enough to address negative impacts on young people including from algorithmically fed content.
A second test model of the H3 rocket lifts off from the launch pad at Tanegashima Space Center on the southwestern island of Tanegashima, Kagoshima Prefecture, on Saturday.
JAPAN / Science & Health / FOCUS
Feb 20, 2024

Can Japan’s new H3 rocket compete with Elon Musk’s Falcon 9?

In order to seriously compete with the Falcon 9, which currently dominates the market, experts say price and usability of the H3 would be key.
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

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