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November 24, 2024
 

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A LNG tanker at the Negishi LNG Terminal, which is jointly operated by Tokyo Gas and JERA, in Yokohama
BUSINESS
Mar 11, 2024

Japan boosts reliance on allies for long-term LNG supplies

LNG accounts for about a third of Japan's power generation and it is the world's second-largest importer behind China.
Nintendo's popular video game character Super Mario will return to the big screen in April 2026.
BUSINESS / Companies
Mar 11, 2024

Nintendo announces new 'Super Mario' movie

The video game company will partner with animation studio Illumination again for the animated feature scheduled for an April 2026 release.
A Daiso shop in New York in September 2022. While Daiso originally entered the U.S. in 2005, it has scaled these efforts up over the past few years — the retailer now has about 120 stores across seven states.
BUSINESS / Companies
Mar 11, 2024

Daiso banks on ‘brand Japan’ for U.S. expansion

The discount store chain plans to open 65 stores in the U.S. in 2024, and over 100 next year.
A sign warns of underground natural gas pipelines outside Rifle, Colorado, in June 2012.
ENVIRONMENT / Energy
Mar 11, 2024

U.S. gas pipeline accidents pose big, unreported climate threat

Accidental pipeline leaks — caused by incidents like punctures, corrosion, severe weather and faulty equipment — happen routinely.
A backdrop of a broadly soaring stock market and signs of long-awaited wage and price growth is drawing bets that the BOJ might back away from its ultraeasy policy settings as soon as its next meeting in a week's time.
BUSINESS / Markets
Mar 11, 2024

Bank of Japan skips ETF buying, stoking policy speculation

It was not clear why it did not buy the listed funds even as the Topix index slid 2% — a mark that generally draws a response.
A flying vehicle flies autonomously during a test flight conducted by Pasona on Awaji Island, Hyogo Prefecture, on Sunday.
BUSINESS / Tech
Mar 11, 2024

Pasona conducts flying car test on Awaji Island

The major staffing service group aims to use the flying car as a tourist attraction and during disasters.
German Chancellor Olaf Scholz and Malaysian Prime Minister Anwar Ibrahim hold a joint press conference at the Chancellery in Berlin on Monday.
WORLD / Politics
Mar 12, 2024

Scholz meets with ASEAN leaders, looking to reduce China dependency

China still dominates the supply of raw materials needed to make electric-vehicle batteries, solar panels and other high-tech products.
A Zara clothing store in Brussels on November 2022. Inditex is an outlier among big clothing retailers in not publishing details of the factories from which it sources.
BUSINESS / Companies
Mar 12, 2024

Zara owner Inditex faces pressure from investors on supply chain disclosure

Regulators and investors want transparency from clothing retailers, to prove supply chains are free of forced labor and workers are paid decent wages.
Zensho Holdings, the operator of Sukiya and other restaurant chains, will raise salaries of regular employees by 12.2% on average.
BUSINESS / Economy
Mar 12, 2024

Japan firms across sectors offer pay hikes of up to 12% in spring talks

Early wage deals with unions reflect a recovery in earnings from the worst of the COVID-19 pandemic as well as a sense of crisis over labor shortages.
A TikTok advertisement at a Metro station in Arlington, Virginia
BUSINESS / Companies
Mar 12, 2024

TikTok divestment bill moves ahead in U.S. as key Republican wavers

The legislation would block app stores and service providers from offering TikTok unless its Chinese parent ByteDance sells it within six months.
Bank of Japan Gov. Kazuo Ueda said consumption was weakening for food and daily necessities amid higher prices.
BUSINESS / Economy
Mar 12, 2024

BOJ chief Kazuo Ueda slightly tones down optimism on economy

Speaking in parliament on Tuesday, Bank of Japan Gov. Kazuo Ueda said consumption was weakening for food and daily necessities amid higher prices.
Meta CEO Mark Zuckerberg, whose company launched a pair of smart glasses, on stage at the company's headquarters in Menlo Park, California, in September.
COMMENTARY / World
Dec 22, 2023

Do you want Meta snooping in your closet with AI wearables?

AI wearable devices represent yet another intrusion into our privacy, allowing tech companies to learn even more about who we are — and what we might buy.
Climate protesters interrupt a campaign event for former U.S. President Donald Trump in Indianola, Iowa, on Jan. 14.
COMMENTARY / World
Mar 10, 2024

What would a Trump win mean for the climate?

Even if Trump wins and tries to take a wrecking ball to climate policies, he ultimately can't derail the renewables revolution gaining momentum in the U.S.
A Costco store in Illinois
BUSINESS / Companies
Mar 13, 2024

Costco’s Japan unit warned by FTC after cutting subcontractor payments

Bakery and food suppliers saw their compensation reduced by ¥33.5 million from 2021 to 2023, the agency has said.
Japan aims to have 10 gigawatts (GW) of offshore wind power projects by 2030 and up to 45 GW by 2040, to replace fossil fuels including coal and liquefied natural gas in its energy mix — for which floating offshore wind is essential.
BUSINESS / Markets
Mar 13, 2024

Japan to expand offshore wind development to exclusive economic zones

Global energy companies have been urging Japan to make investments more attractive, amid soaring costs and growing competition between suppliers.
Republican presidential candidate and former U.S. President Donald Trump speaks during a campaign rally at the Forum River Center in Rome, Georgia, on March 9.
WORLD / Politics
Mar 13, 2024

Biden and Trump clinch nominations, kicking off rematch

Both men have already turned their attention to the Nov. 5 general election, holding dueling rallies in Georgia.
An Alaska airlines Boeing 737 takes off from Los Angeles International Airport on March 6. Boeing unveiled that it handed over 27 airplanes to customers in February, lagging the 49 notched by Airbus.
BUSINESS
Mar 13, 2024

Boeing crisis derails airline growth plans as output stalls

Boeing’s crisis of confidence is spreading to the airlines that buy its jets, creating a massive bottleneck in an industry with limited choices.
The local government in Kaga, Ishikawa Prefecture, and Uber Japan concluded a comprehensive tie-up agreement on Tuesday that allows the ride-sharing service to operate in the city.
BUSINESS
Mar 13, 2024

Ride-sharing starts in Ishikawa city before shinkansen extension

The service is now available at major tourist spots and residential areas between 7 a.m. and 7 p.m. and in the whole of the city from 7 p.m. until 11 p.m.
Results of spring wage negotiations are written on a board at an office of the Japan Council of Metalworkers' Unions in Tokyo's Chuo Ward on Wednesday.
BUSINESS / Economy
Mar 13, 2024

Major Japanese firms offering solid pay hikes for second year running

Several companies met or even exceeded labor union demands, raising the possibility the Bank of Japan will adjust monetary policy soon.
A Boeing 737 Max aircraft at an airshow in Farnborough, England, in 2022. In early January, the door plug on an Alaska Air 737 Max 9 blew off shortly after takeoff from Portland, Oregon, prompting an explosive decompression.
BUSINESS / Companies
Mar 14, 2024

Boeing 737 Max probe still in dark over who caused door fail

The planemaker has said it’s unable to find the relevant records, and factory security footage that may have helped have been overwritten.
The Biden administration has regularly sent warnings about Nippon Steel's proposed purchase of U.S. Steel and has steadfastly sided with the United Steelworkers over the sale of a once-iconic firm based in Pennsylvania, a crucial swing state.
BUSINESS / Companies
Mar 14, 2024

Biden to express concern over Nippon Steel's deal for U.S. Steel, source says

U.S. officials and lawyers have drafted a statement of concern and the White House has privately informed Tokyo of Biden's move, according to reports.
The Dodgers' Shohei Ohtani(left) and Yoshinobu Yamamoto pose for a portrait on media day at Camelback Ranch in Glendale, Arizona, on Feb. 21.
BASEBALL / MLB
Mar 14, 2024

See-through baseball pants become eye-opening controversy for MLB

The league's new uniforms have dominated the conversation during spring training.
During the last round of negotiations between Washington and Seoul, then-U.S. President Donald Trump requested steep increases in South Korea’s share of defense costs.
ASIA PACIFIC / Politics / ANALYSIS
Mar 14, 2024

South Korea, U.S. talk cost-sharing as Seoul girds for Trump 2.0

The agreement on an unusually early start of the defense cost-sharing deals reflects unease over a possible return of Donald Trump to the White House.
MIT professor Yasheng Huang argues that the seeds of China’s decline were planted as far back as the 6th century with the implementation of the famed and stifling Keju civil-service examination system.
COMMENTARY / World
Mar 14, 2024

Understanding China’s political economy

The seeds of China’s decline were planted as far back as the 6th century, with the implementation of the stifling Keju civil-service examination system.
Former U.S. President Donald Trump hosts a campaign rally in Rome, Georgia, on March 9.
WORLD / Politics
Mar 15, 2024

Trump launched CIA covert influence operation against China

A team promoted allegations that Communist Party members were hiding ill-gotten money overseas, sources said.
TikTok creators gather before a news conference to voice their opposition to a pending crackdown legislation on TikTok in the House of Representatives, on Capitol Hill in Washington, on Tuesday.
BUSINESS / Tech / ANALYSIS
Mar 15, 2024

TikTok bill sets up fight over free speech protections of U.S. Constitution

Opponents could argue it infringes free speech by preventing users from expressing themselves and businesses from using the app to promote their products.
Russian President Vladimir Putin looks set to start another six-year term with his forces on the offensive for the first time in months as Ukraine’s allies struggle to keep it supplied with ammunition.
WORLD / Politics
Mar 15, 2024

Putin digs in to divide world order while he conquers at home

The leader's adversaries are seemingly unable to stifle his ambitions as the war in Ukraine shifts in his favor.
SpaceX's next-generation Starship spacecraft, atop its powerful Super Heavy rocket, lifts off on its third launch from the company's Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, on Thursday.
BUSINESS / Companies
Mar 15, 2024

SpaceX rocket makes successful test flight but is lost in descent

SpaceX's prior attempts have ended in spectacular explosions — but the company says this is an acceptable cost in its rapid trial-and-error approach.
Investors will be heaping ever more scrutiny on Japanese assets, with negative rates potentially relegated to history.
BUSINESS / Markets
Mar 15, 2024

BlackRock and Man Group reveal big Japan bets before BOJ decision

Snap up more Japanese stocks and keep buying the yen — these are some of the most popular calls from big-name money managers.
A vehicle developed by Toyota, inspired by the Pokemon character Miraidon, on display in Tokyo on Thursday
BUSINESS / Companies
Mar 15, 2024

Toyota engineers develop vehicle inspired by 'Pokemon' character

The vehicle will be on display at the Tokyo Midtown Hibiya complex for three days from March 15.
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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