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November 24, 2024
 

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Australian Prime Minister Anthony Albanese, U.S. President Joe Biden and British Prime Minister Rishi Sunak deliver remarks on the AUKUS security partnership after a trilateral meeting, at Naval Base Point Loma in San Diego in March last year.
JAPAN / Politics
Mar 3, 2024

AUKUS eyes defense tech collaboration with Japan, report says

Japan’s involvement in the partnership would be limited to specific projects and would exclude nuclear-powered submarines.
Then-U.S. President Donald Trump attends the NATO summit in Watford, England, in December 2019.
COMMENTARY / World
Mar 3, 2024

The Trump effect takes Europe

There is a chance that the Trump effect could leave the trans-Atlantic order stronger than it has been for a long time.
Japan's benchmark 225-issue Nikkei average surpassed the 40,000 mark for the first time on Monday.
BUSINESS / Markets
Mar 4, 2024

Japan's Nikkei index surpasses 40,000 points for first time

The Nikkei’s smashing of previous records is credited in part to the weakness of the yen against the dollar.
Chris Gayle of the West Indies poses at an event to mark 100 days until the start of the ICC Men's T20 World Cup, in Bridgetown, Barbados, on Feb. 22. The 2024 tournament will be hosted by the West Indies and the U.S. from June 1 to 29.
MORE SPORTS / Cricket
Mar 4, 2024

Gayle hopes T20 World Cup can help cricket crack U.S. market

The Twenty20 showpiece, which starts on June 1, is being jointly hosted by the United States and the West Indies.
High tides in Funafuti, Tuvalu, in February. About 40% of the main atoll and capital district Funafuti is already underwater at high tide, and the tiny nation is forecast to be submerged by the end of the century.
ENVIRONMENT / Climate change
Mar 4, 2024

Tuvalu preserves history online as rising seas threaten existence

"We cannot outrun the rising tides, but we will do what we can to protect our statehood, our spirit, our values," minister Simon Kofe said.
TSMC's new factory in Kikuyo, Kumamoto Prefecture
BUSINESS / Companies
Mar 4, 2024

Japan in the midst of a semiconductor plant construction rush

The government set aside ¥4 trillion between fiscal 2021 and fiscal 2023 for subsidies for helping companies build semiconductor plants.
Shiseido is aiming to cut about 1,500 jobs in Japan through early retirement program.
BUSINESS / Companies
Mar 4, 2024

Outliers in Japanese stocks’ bull run under pressure to downsize

A rising number of blue-chip Japanese companies are cutting staff — a move that used to be seen as a last resort.
J-Power is making a AU$380.9 million bid for Australian renewable energy firm Genex Power.
BUSINESS / Companies
Mar 4, 2024

J-Power makes bid for Australian renewables firm Genex

The move comes as part of the Japanese company's efforts to boost its renewable energy assets.
Japan's corporate spending on plants and equipment jumped 16.4% in the fourth quarter from a year earlier, government data shows.
BUSINESS / Economy
Mar 4, 2024

Japan corporate capex jumps, paving way for BOJ exit from stimulus

Capital expenditure rose 16.4% in the fourth quarter from a year earlier, and 10.4% on a seasonally adjusted quarterly basis.
Akiko Ito, former commissioner of the Consumer Affairs Agency, will be Canon's first female board member if approved at its general shareholders’ meeting on March 28.
BUSINESS / Companies
Mar 4, 2024

ISS backs Canon CEO after nomination of first woman to board

Japanese firms have been slow to appoint women to senior executive roles. But they’re now facing growing pressure to meet stricter standards.
A 2015 protest against the construction of military infrastructure in Okinawa Prefecture. Many residents are also worried about the impact of a Taiwan contingency on their islands.
COMMENTARY / Japan
Mar 4, 2024

Okinawa’s peace movement carves its own path

Many Okinawans worry about a Taiwan contingency and are angered by U.S. base relocation: Grievances that have given impetus to the islands' own diplomacy.
The pickup in consumer prices largely reflected the fading impact of government subsidies rolled out last year to keep a lid on utility costs.
BUSINESS / Economy
Mar 5, 2024

Tokyo prices heat up again, supporting case for BOJ rate hike

Consumer prices excluding fresh food rose 2.5% in the capital, re-accelerating after cooling in January to a revised 1.8%.
Economy minister Yoshitaka Shindo said the government was currently not thinking about calling an end to deflation.
BUSINESS / Economy
Mar 5, 2024

Japan ministers deny report government thinking of calling end to deflation

Policymakers are focused on ensuring the economy doesn't revert to a protracted period of falling prices, they said.
Broad indications are growing that Chinese President Xi Jinping is shifting away from four decades of market-oriented reforms and financial innovation. The most powerful Chinese leader since Mao Zedong has emphasized the Communist Party’s "centralized and unified leadership” of the sector, and pledged to build "a modern financial system with Chinese characteristics” that’s completely different from the West.
BUSINESS / Companies
Mar 5, 2024

China's bankers exit industry amid crackdown on ‘hedonistic’ lifestyles

Finance workers in China are rethinking their career as Chinese President Xi Jinping signals a shift away from market-oriented reform and innovation.
Under the watch of Chinese President Xi Jinping, China has expanded state control of strategically critical areas from semiconductor manufacturing to quantum computing.
BUSINESS / Tech
Mar 5, 2024

China vows to mobilize nation as it fights U.S. for tech supremacy

The central government will increase spending on scientific and technology research by 10% in 2024.
The logo of semiconductor company Advanced Micro Devices is seen on a graphics processing unit chip in this illustration
BUSINESS / Tech
Mar 5, 2024

AMD hits U.S. roadblock in selling AI chip tailored for China

AMD had hoped to gain a green light from the Commerce Department to sell the AI processor to Chinese customers.
The EU hit Apple with a €1.8 billion fine ($1.9 billion) on Monday for violating the bloc's laws by preventing music streaming services from informing users about subscription options outside of its App Store.
BUSINESS / Companies
Mar 5, 2024

EU fines Apple €1.8 billion over curbs on music streaming services

The European Union found Apple had violated law by preventing music streaming services from telling users about subscription options outside its App Store.
An American Airlines Airbus A321 plane taking off from Los Angeles International Airport
BUSINESS / Companies
Mar 5, 2024

American Airlines buys 260 jets in biggest plane order since 2011

The deal includes 85 Airbus A321neo jets, 85 Boeing 737 MAX 10s and 90 Embraer E175 aircraft, with options and rights for an additional 193 aircraft.
Chinese President Xi Jinping and Premier Li Qiang chat at the end of the opening session of the National People's Congress at the Great Hall of the People in Beijing on Tuesday.
BUSINESS / Economy
Mar 5, 2024

China sets robust economic growth goal but no big bang stimulus

Premier Li Qiang targets growth of about 5% this year but signals continued reluctance to use deficit spending for economic stimulus.
The pandemic forced Rene Redzepi and Noma to adjust their 2023 pop-up from autumn to spring. Later this year, the restaurant will be returning to Kyoto to execute its preferred fall menu.
LIFE / Food & Drink
Mar 6, 2024

Rene Redzepi is bringing Noma back to Kyoto this fall

One of the world's best chefs just can't seem to stay away from Japan's ancient capital.
Former U.S. President Donald Trump during a Super Tuesday election night watch party at the Mar-a-Lago Club in Palm Beach, Florida, on Tuesday.
WORLD / Politics
Mar 6, 2024

Trump-Biden rematch likely as the two dominate Super Tuesday contests

Nikki Haley has decided to end her campaign in light of the results, the Wall Street Journal has reported.
Bitcoin showed its boom-or-bust character Tuesday with volatile price swings.
BUSINESS / Markets
Mar 6, 2024

Record surge marks new revival for Bitcoin

The cryptocurrency has experienced a breathtaking rebound this year amid strong demand from new U.S. exchange-traded funds.
Floating solar panels at the Canoe Brook water treatment plant in Short Hills, New Jersey
ENVIRONMENT / Energy
Mar 6, 2024

Pressed for space, solar farms are getting creative

There are solar arrays on top of big-box stores, solar arrays on yachts and solar farms that float.
Chinese leader Xi Jinping attends the opening session of the National People's Congress (NPC) at the Great Hall of the People in Beijing on Tuesday.
BUSINESS / Economy / ANALYSIS
Mar 6, 2024

As Xi summons 'new productive forces,' old questions linger for economy

By focusing on the prospect for future growth, the slogan shifts the focus from China's present economic difficulties.
An Upper House budget committee session for questions and answers on the fiscal 2024 draft budget held Wednesday
BUSINESS / Economy
Mar 6, 2024

Japan's huge draft budget raises questions over fiscal accountability

The government allocates reserves and determines their use at Cabinet meetings, requiring only retroactive approval by parliament.
Vehicles on display at a Toyota car dealership in Rio de Janeiro, Brazil
BUSINESS / Companies
Mar 6, 2024

Toyota ups its bet on hybrids in Brazil with $2.2 billion plan

The firm will expand production capacity in Latin America’s largest economy for models that use hybrid-flex fuel technology.
Kenichi Hosoya was taken to the Asakusa police station in Tokyo's Taito Ward on Wednesday.
JAPAN / Crime & Legal
Mar 6, 2024

Tokyo police rearrest couple accused of filicide over killing sister

Police suspect a dispute over the family business was the motive for the murder.
An unmanned robot navigates across a street during a demonstration of Uber Eats' robot delivery service in Tokyo on Tuesday.
BUSINESS / Tech
Mar 6, 2024

Uber Eats Japan begins deliveries with self-driving robots

The company has rolled out the service in Tokyo's Nihonbashi area and plans to introduce it in other places as well.
Bank of Japan Gov. Kazuo Ueda speaks at a forum in Tokyo on Tuesday. Tackling a bloated balance sheet is set to be a challenging hurdle for the central bank.
BUSINESS / Markets
Mar 6, 2024

Normalizing Bank of Japan's balance sheet will take nine years, says ex-official

Failing to issue guidance on the planned normalization could lead to high market volatility in yields, former Executive Director Kenzo Yamamoto warns.
A childhood snapshot of Shohei Ohtani and his mother, Kayoko, posted on MLB’s account on social media website X.
BASEBALL
Mar 7, 2024

'Sporting geniuses are made, not born': How to be an all-star sports parent

If you want your child to be a top 1% athlete like Shohei Ohtani, a good place to start is to take a look at what his parents did.
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?
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