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November 24, 2024
 

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Prime Minister Fumio Kishida has expressed his eagerness to revise the political funds law in the current session of parliament, slated to end on June 23.
JAPAN / Politics / FOCUS
Mar 29, 2024

Spotlight on political reform after budget clears Japan's parliament

Ruling and opposition parties are eager to outline a bolder plan for reform to raise their profile among voters amid growing political disenchantment.
Italy's Prime Minister Giorgia Meloni attends a European Union leaders summit in Brussels on March 22.
WORLD / Politics
Mar 29, 2024

Meloni-Le Pen rift mars far right's prospects of wielding EU power

Divisions within Europe's nationalist right that may stymie efforts to wield power at an EU level despite record support.
Kobayashi Pharmaceutical President Akihiro Kobayashi (second from left) and other executives apologize for the deaths and other health damage associated with its dietary supplements, in the city of Osaka on Friday.
JAPAN / Science & Health
Mar 29, 2024

Kobayashi Pharma says blue mold compound may be cause of health problems

The beni kо̄ji red yeast rice dietary supplements are now linked to five deaths and 114 hospitalizations.
Beijing's repression of its Muslim citizens, including Uyghurs in Xinjiang Province, could make it the target of Islamic State attacks.
COMMENTARY / World
Mar 28, 2024

After Russia, is China the Islamic State's next target?

As Russia mourns the victims of the Moscow attack, China should be on guard. Its repression of Uyghurs has provoked the Islamic State group before.
Demand for infertility treatment is high in Japan, where the number of live births fell for eight straight years to another record low last year.
JAPAN / Science & Health
Mar 30, 2024

Fertility startups in Japan step in as treatment demand soars

In Japan, shortages of treatment options plague patients as the country grapples with one of the world’s lowest birthrates.
U.S. Steel's Edgar Thomson Works facility is seen in Braddock, Pennsylvania. A group of automakers have warned that a deal by steelmaker Cleveland Cliffs for U.S. Steel could "drive up the cost of both steel and e-steel, and ultimately increase the cost of finished vehicles (including EVs) for American consumers."
BUSINESS / Companies
Mar 30, 2024

Automakers urge White House to oppose U.S. Steel sale to Cleveland-Cliffs

Cleveland-Cliffs has said it would consider another bid for U.S. Steel if the deal with Nippon Steel — opposed by President Joe Biden — falls apart.
A man works at a supermarket in Tokyo last month. Price increases backed by higher ingredient costs have started to come back due to unstable weather, Teikoku Databank has said.
BUSINESS / Economy
Mar 30, 2024

Japan to see prices of 2,806 food items raised in April

The figure exceeds 2,000 for the first time since October last year, though down 48.1% from April last year, when prices increased for 5,404 items.
Antony Blinken
ASIA PACIFIC / Politics
Mar 30, 2024

U.S. to impose new visa curbs on Hong Kong officials over rights crackdown

The U.S. plans to impose the restrictions "on multiple Hong Kong officials responsible for the intensifying crackdown on rights and freedoms."
U.S. Federal Reserve chair Jerome Powell laughs during the Macroeconomics and Monetary Policy Conference at the Federal Reserve Bank of San Francisco in San Francisco on Friday.
BUSINESS / Economy
Mar 30, 2024

Powell reiterates Fed doesn’t need to be in hurry to cut rates

Federal Reserve Chair Jerome Powell repeated that the U.S. central bank will await more evidence that inflation is contained before cutting rates.
Major beef bowl chain Sukiya will introduce an additional 7% late night fee starting Wednesday.
BUSINESS / Companies
Mar 30, 2024

Popular beef bowl chain Sukiya to introduce late night fees

The restaurants will from Wednesday charge an additional 7% to the bills of late-night customers coming between 10 p.m. and 5 a.m.
People place their bets at the Fanduel sportsbook in East Rutherford, New Jersey, during the Super Bowl in February 2019.
MORE SPORTS
Mar 31, 2024

U.S. sports leagues bet on gambling. Now they’re facing its risks.

Leagues have signed lucrative marketing deals with betting apps like FanDuel and DraftKings and recent incidents have highlighted issues.
Cranes begin the clean-up of the collapsed Francis Scott Key Bridge and the container ship Dali in Baltimore, Maryland, on Saturday.
WORLD
Mar 31, 2024

Salvage crews work to lift first piece of collapsed Baltimore bridge

Five days after the tragedy, the jobs of some 15,000 people whose work revolves around daily port operation are on hold.
Tadashi Imai, who became Nippon Steel's new president on Monday
BUSINESS / Companies
Apr 1, 2024

Nippon Steel emphasizes its roots in the U.S. as it pursues deal

The Japanese firm has agreed to buy U.S. Steel for roughly $15 billion but the deal faces an uphill battle to approval in a U.S. election year.
CrowdTangle, bought by the firm now known as Meta in 2016, offers crucial real-time transparency into the spread of conspiracy theories and hate speech on influential Meta-owned platforms including Facebook and Instagram.
BUSINESS / Companies
Apr 1, 2024

Meta to switch off tool that tracks misinformation months before U.S. vote

CrowdTangle offers crucial real-time transparency into the spread of conspiracy theories and hate speech.
Tugboats guide the Maersk Atlanta container ship at the Port of Newark in Newark, New Jersey, on Saturday. The bridge collapse Tuesday that shut the Port of Baltimore and closed a major highway will cause weeks or months of transportation disruptions in the Mid-Atlantic region.
BUSINESS
Apr 1, 2024

Baltimore ship accident has east coast ports scrambling to absorb cargo

The bridge collapse will accelerate a shift of cargo to the U.S. West Coast in order to avoid potential bottlenecks at trade gateways from Boston to Miami.
The Bank of Japan headquarters in Tokyo. While some BOJ watchers flag the risk the BOJ could move quickly to raise interest rates again, Tsutomu Watanabe, who was a potential governor candidate last year, says he doesn't think the move will come so soon.
BUSINESS / Economy
Apr 1, 2024

BOJ’s next hike likely in October at earliest, ex-official says

The views of Tsutomu Watanabe contrast with those of some BOJ watchers who flag the risk the BOJ could move quickly as the yen slumps near a 34-year low.
An employee of Jet Blue airlines walks around an engine of an Airbus A320 passenger aircraft in a maintenance hangar of the company at JFK International Airport in New York on March 4.
BUSINESS
Apr 1, 2024

Maintenance staff shortage in U.S. could clip aviation industry's wings

The sector lacks some 24,000 aviation maintenance technicians in North America, a figure due to reach nearly 40,000 by 2028.
Cans of Asahi Super Dry beer move on the production line inside an Asahi Breweries plant in Moriya, Ibaraki Prefecture, in April 2023.
BUSINESS / Companies
Apr 1, 2024

With U.S. push, Asahi aims to sate evolving tastes

The drink-maker is placing its “premium” offerings and low-alcohol and nonalcoholic beverages front and center in a bid to differentiate itself.
OpenAI plans to open an office in Tokyo in April, which will be its first in Asia, a source said.
BUSINESS / Companies
Apr 1, 2024

OpenAI to open Tokyo office as part of global expansion

The office will be the third international location, and the first in Asia, after the opening of offices in London and Dublin last year.
The Japan Spirits and Liqueurs Makers Association has brought in a new definition for Japanese whiskies, officially in use from Monday in an industry push to deter foreign-made imposters.
BUSINESS
Apr 1, 2024

New Japanese whisky rules aim to deter imposters

Japan has over 100 distilleries, whose whisky has commanded global respect since the early 2000s.
Akihiro Fukutome, head of the Japanese Bankers Association, said new takeover guidelines from the industry ministry last year have helped lower psychological hurdles associated with unsolicited bids.
BUSINESS / Companies
Apr 1, 2024

Japan's banks less hesitant with hostile takeovers, lobby chief says

His comments offer evidence of a sea change in Japan — which once shunned hostile bids — that has helped bring it closer to Western-style dealmaking.
Akira Amari, a senior Liberal Democratic Party lawmaker, says Nippon Steel’s acquisition of United States Steel would help counter China’s dominance in steel-making.
BUSINESS / Economy
Apr 2, 2024

Japanese lawmaker says U.S. steel deal would help counter China risks

The $14.1 billion deal would be a win-win for both companies and both economies, said former minister Akira Amari.
Japan’s power supply is expected to be sufficient for both the upcoming summer and winter, according to government forecasts.
BUSINESS / Economy
Apr 2, 2024

Japan forecasts sufficient power for upcoming summer and winter

Japan’s grid has proven fragile in the past, which has sometimes forced the government to ask households and businesses to conserve electricity.
As they enter the workforce, the young employees who grew up texting one another have their own rules for communicating.
LIFE / Language / BILINGUAL
Apr 2, 2024

Fear of a full stop? Young Japanese say drop the period in your texts.

In addition to "maruhara," or "period harassment," younger employees want to cut down on the unnecessary emails that are a part of work culture.
Turkish President Recep Tayyip Erdogan told dismayed supporters overnight that they "must not waste" the four years remaining before the next presidential vote.
WORLD / Politics
Apr 2, 2024

Opposition defeat of Erdogan redraws Turkey's political map

Opposition candidates and voters celebrated inflicting a stinging defeat on President Recep Tayyip Erdogan's party in municipal elections.
Japan will provide ¥590 billion in additional subsidies to chip venture Rapidus.
BUSINESS / Companies
Apr 2, 2024

Japan approves extra ¥590 billion in aid to chip startup Rapidus

The additional funding will help Rapidus buy chipmaking equipment and also develop advanced back-end chipmaking processes.
A giant mural of baseball star Shohei Ohtani appears on the side of a hotel in downtown Los Angeles in March. ANA Holdings said it has reached a multi-year deal to be the official Japanese airline for the Los Angeles Dodgers.
BUSINESS / Companies
Apr 2, 2024

ANA to be official Japanese airline of Ohtani's LA Dodgers

The carrier will also collaborate with the Dodgers in celebrating Japanese culture at heritage nights events.
A seafood restaurant at Tsukiji Outer Market in Tokyo. In a proposal to the government's top economic council, the panel urged policy changes in the face of rising domestic prices and interest rates, as well as wage growth at a 30-year high as companies face job shortages.
BUSINESS / Economy
Apr 2, 2024

Japan panel calls for shift away from stimulus-driven economy

The panel urged policy changes amid rising domestic prices and interest rates, as well as wage growth at a 30-year high as companies face job shortages.
Workers at a factory in the town of Sriperumbudur, in the Indian state of Tamil Nadu, on Jan. 3. Prime Minister Narendra Modi has kept India on its swift upward path among the world’s largest economies. Many Indians are better off, though wealth gaps have widened.
WORLD / Politics
Apr 3, 2024

What 10 years of Modi rule has meant for India’s economy

The value of India’s stock market has tripled since the prime minister took office and its economy has almost doubled — but gains have been widely unequal.
Former Vice Finance Minister for International Affairs Tatsuo Yamasaki previously warned of the possibility of a looming currency intervention two days before Japan entered markets in September 2022.
BUSINESS / Markets
Apr 3, 2024

Ex-finance official who warned of Japan's 2022 yen intervention sounds alarm

"Officials wouldn’t have issued such strong warnings unless they were prepared.” said Tatsuo Yamasaki, a former vice minister overseeing the yen.
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’

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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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