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November 23, 2024
 

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Missile systems form part of the Victory Day military parade in Moscow on May 9. The FBI tries to maintain a tricky balance in spy operations: the more access informants have to valuable intelligence, the higher the risk that they could be compromised.
WORLD / Politics
May 21, 2024

FBI shed informants linked to Russian influence operations

After a secret review several years ago, the bureau cut off confidential sources thought to be connected to Russian disinformation.
Andre Hayato Saito’s latest short, “Amarela,” centers on a 14-year-old Japanese Brazilian girl (Melissa Uehara).
CULTURE / Film
May 21, 2024

Cannes nominee on being 'too Brazilian to be Japanese, too Japanese to be Brazilian’

Andre Hayato Saito's Palme d’Or-nominated short film, “Amarela,” is rooted in the director's own experiences with searching for a sense of belonging.
Japan Times
BUSINESS
May 21, 2024

Carlyle raises $2.8 billion for largest Japan buyout fund

It’s the largest Japan-focused buyout fund ever raised, according to Carlyle, and about 70% bigger than the previous one it pulled together in 2021.
Finance Minister Shunichi Suzuki (left) receives a draft proposal produced by the Fiscal System Council from Keidanren Chairman Masakazu Tokura in Tokyo on Tuesday.
BUSINESS
May 22, 2024

Japanese advisory panel calls for strengthening fiscal resilience

The Fiscal System Council warned that the country's finances will deteriorate further if debt servicing costs swell.
Shinichiro Kashima
ESG CONSORTIUM
May 22, 2024

Nippon Life engages to encourage green transition

Engaging with high-emitting companies to spur transformation of their business rather than divesting from them is becoming increasingly important to combat climate change, said an executive officer of Japan’s biggest insurance company. “Thinking about society as a whole, it is important that we asset...
People hold anti-war placards before a rap concert for Ukraine by Russian rapper Oxxxymiron in Istanbul on March 15.
WORLD / Politics
May 22, 2024

Another Russian exodus: Many who fled to Turkey move on again

When the war began in February 2022, Turkey emerged as a magnet for Russians, but now, many are moving on to nations like Montenegro and Serbia.
Japan swung to a trade deficit of ¥462.5 billion in April due to higher crude oil prices and a weak yen.
BUSINESS / Economy
May 22, 2024

Japan trade deficit shows weak yen is weighing on economy

The trade balance in April registered a ¥462.5 billion deficit, flipping from a ¥387 billion surplus.
To Lam takes his oath as Vietnam's president during the National Assembly's summer session in Hanoi on Wednesday.
ASIA PACIFIC / Politics
May 22, 2024

Vietnam appoints top policeman as country's new president

The move is a temporary end to two-months of heightened political turbulence that saw the exit of three of Vietnam's top five leaders over unspecified wrongdoings.
South Korean President Yoon Suk-yeol attends the virtual AI Seoul Summit hosted jointly by South Korea and Britain, in Seoul.
BUSINESS / Companies
May 22, 2024

Second global AI summit secures safety commitments from companies

Sixteen companies at the forefront of developing artificial intelligence pledged on Tuesday at a global meeting to develop the technology safely.
Some strategists have predicted that Japan’s 10-year sovereign yield will rise to 2% by the end of 2026.
BUSINESS / Markets
May 22, 2024

Japan yields have room to rise after 1% reached on BOJ bets

The focus turns now to how quickly the supereasy monetary policy will be dialed back and how much further yields may rise.
Former U.S. President Donald Trump sits for his trial at the Manhattan Criminal Court in New York City on Tuesday.
WORLD
May 22, 2024

How Trump's hush money trial verdict could affect the 2024 election

Jurors could deliver a verdict as soon as next week.
French President Emmanuel Macron speaks during a meeting with New Caledonia's elected officials and local representatives at French High Commissioner Louis Le Franc's residence in Noumea, New Caledonia on Thursday.
WORLD / Politics
May 23, 2024

Macron arrives in riot-hit New Caledonia for high-stakes talks

Local group warns things may take a turn for the worse if the French president does withdraw an electoral bill that protesters fear will dilute Indigenous votes.
Microsoft Vice Chair and President Brad Smith delivers a speech at the French Microsoft headquarters in Issy-les-Moulineaux, outside Paris, on May 13.
BUSINESS / Companies
May 23, 2024

Microsoft’s UAE deal could move U.S. chips and AI technology abroad

The sales accord could progress to a second phase that entails the export of crucial components of AI technology such as model weights, Microsoft's president said.
Japan's real wages in fiscal 2023 were down for the second straight year, as steady wage growth failed to keep pace with inflation.
BUSINESS / Economy
May 23, 2024

Japan's fiscal 2023 real wages show sharpest drop in nine years

Real wages were down for the second straight year, as steady wage growth failed to keep pace with inflation.
Jera’s Hekinan thermal power station in Hekinan, Aichi Prefecture
BUSINESS
May 24, 2024

Jera warns of switching investment from Australia over lack of support

The lack of financial support for production of hydrogen and ammonia took some of the shine off Australia as a destination for Japanese investment.
A passenger who was on board Singapore Airlines flight SQ321 arrives at Changi Airport in Singapore on Wednesday. The flight had experienced severe turbulence, resulting in the death of a British man and multiple injuries.
BUSINESS / Companies
May 24, 2024

Fliers concerned about safety after airline mishaps

But despite this year's spate of high-profile airline accidents, statistics show that flying is still safer than the drive to the airport.
Workers prepare boxes of oyster products for shipping at Suzuki Suisan in Saka, Hiroshima Prefecture. The company stopped offering free shipping services in March.
BUSINESS / Companies / Regional Voices: Hiroshima
Jun 3, 2024

Transportation firms grapple with new driver overtime cap

The overtime cap introduced in April has led to increased transportation costs and some logistical headaches as firms try to adjust.
Japan's core inflation slowed for a second straight month in April due to milder food inflation.
BUSINESS / Economy
May 24, 2024

Japan’s inflation cools as BOJ waits for wage gains to kick in

Consumer prices excluding those for fresh food rose 2.2% year on year in April, matching analysts’ estimates and marking a 25th month of staying above the BOJ's 2% target.
As companies lose once-stable investors through the unwinding of cross-shareholdings, they are now hoping that rewarding long-term individual shareholders will help make them more resilient in possible proxy battles.
BUSINESS / Companies
May 24, 2024

Japanese firms woo individuals as cross-shareholdings shrink

In a bid to protect themselves from activist investors, firms are trying to build loyalty with long-term individual shareholders by doling out gifts.
Japan's top currency diplomat, Masato Kanda, poses for a photograph during an interview at the Finance Ministry in Tokyo in January 2022.
BUSINESS / Economy
May 25, 2024

Japan issues fresh warning on yen drops and signals readiness to intervene

The finance minister also said he was in frequent contact with overseas counterparts, particularly in the U.S., on issues including financial markets.
Liberal Democratic Party lawmaker Takashi Yamashita answers questions at a meeting of a Lower House special political reform committee Friday.
JAPAN / Politics
May 25, 2024

LDP and CDP at odds over fate of fundraising parties

While the ruling party stressed the importance of maintaining the events, the main opposition party called for an outright ban.
Bank of Italy Gov. Fabio Panetta (left), French Finance Minister Bruno Le Maire (center) and Italian Finance Minister Giancarlo Giorgetti pose for a picture at the Group of Seven finance chiefs and central bank governors' meeting in Stresa, Italy, on Friday.
BUSINESS / Economy
May 25, 2024

China fear grips G7 with draft raising alarm at ‘harmful’ trade

A draft communique formulated at the Group of Seven meeting in the lakeside resort of Stresa introduces much stronger language than before.
Russian President Vladimir Putin at the Kremlin in Moscow on Thursday
WORLD / Politics
May 25, 2024

Putin wants Ukraine cease-fire on current front lines, sources say

The Russian president is also prepared to fight on if Kyiv and the West do not respond, according to sources.
Mourners attend the state funeral for President Ebrahim Raisi, Foreign Minister Hossein Amir Abdollahian and others in Tehran on Wedneday.
WORLD / Politics
May 26, 2024

Calls, search parties, drones: 17 hours to find Iran’s president

As a frenzied quest began for the fallen helicopter of President Ebrahim Raisi, Iran moved to control possible threats from abroad and unrest at home.
Prime Minister Fumio Kishida meets with Chinese Premier Li Qiang for bilateral talks in Seoul on Sunday.
JAPAN / Politics
May 26, 2024

Kishida meets China's Li and South Korea's Yoon before trilateral summit

The Japanese leader discussed improving ties with Seoul and how to stabilize Tokyo's relationship with Beijing in separate bilateral talks.
U.S. Secretary of the Treasury Janet Yellen holds a news conference ahead of a meeting of Group of Seven finance ministers and central bank governors in Stresa, Italy, on Thursday.
BUSINESS / Economy
May 26, 2024

China slammed in G7 show of unity threatening trade escalation

The Group of Seven ministers and bankers accused the world’s second-biggest economy of hurting the economies of its trade partners.
Self-Defense Forces soldiers walk past a Patriot Advanced Capability-3 (PAC-3) missile unit at the Defense Ministry in Tokyo in October 2017.
JAPAN / ANALYSIS
May 26, 2024

Evolving drone and missile threats prompting Tokyo to rethink air defense

The low cost of mass-producing tools for modern warfare is pushing the Defense Ministry to find ways to upgrade detection, tracking and interception capabilities.
Bank of Japan Gov. Kazuo Ueda (center), Bank of Italy Gov. Fabio Panetta (left) and Italy's Minister of Economy and Finance Giancarlo Giorgetti at the Group of Seven finance chiefs and central bankers' meeting in Stresa on Friday.
BUSINESS / Economy
May 26, 2024

Bank of Japan refrains from warning against yield rise to 12-year high

The BOJ ended eight years of negative interest rates and other remnants of its radical monetary stimulus in March.
Danon Decile (right), ridden by Norihiro Yokoyama, races to victory at the Japanese Derby at Tokyo Racecourse on Sunday.
MORE SPORTS / Horse Racing
May 26, 2024

Danon Decile pulls off stunning victory at Japanese Derby

The chestnut colt went off at over 46-to-1 odds.
Locals gather to help in the search effort after a landslide that hit in Papua New Guinea's Enga province on Friday.
ASIA PACIFIC
May 26, 2024

More than 670 estimated dead in Papua New Guinea landslide: U.N.

The unforgiving terrain, damaged roads and an outbreak of tribal violence nearby have seriously hamstrung efforts to get help into the disaster zone.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
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.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
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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