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November 23, 2024
 

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Recently, Japan designated Hokkaido Prefecture (including its capital, Sapporo), Fukuoka, Tokyo and Osaka as special zones for financial and asset management businesses. Kumamoto Prefecture was also named a national strategic zone for semiconductors.
COMMENTARY / Japan
Jun 14, 2024

International social infrastructure key to Japan’s high-tech future

Across the globe there is an ongoing search for talent, especially in high-tech sectors, and Japan is no different.
Chinese President Xi Jinping reviews the honor guard at the Great Hall of the People in Beijing last month. China is likely to adopt limited and targeted retaliation against the European Union after the bloc unveiled tariff increases on Chinese electric cars.
ASIA PACIFIC / Politics
Jun 14, 2024

China likely to retaliate in targeted ways after Europe raises levies on EVs

Beijing is expected to avoid an excessive response that encourages further trans-Atlantic alignment against China.
Bank of Japan Gov. Kazuo Ueda speaks during a news conference in Tokyo on Friday after the central bank's policy meeting.
BUSINESS / Economy
Jun 14, 2024

Bank of Japan’s slow-walk on bond buying reduction rattles market

The yen fell over what the market saw as dithering on the central bank's reduction of its massive balance sheet.
A photo supplied by a source shows Ryutaro Takarajima (right) talking with Seiha Sekine
JAPAN / Crime & Legal
Jun 14, 2024

Two men arrested over murder of Tokyo couple found in Tochigi

Seiha Sekine, the 32-year-old suspected ringleader, and Ryo Maeda, 36, were arrested by a joint Tokyo-Tochigi investigation team.
The iAEON app allows users to view their shopping history and save e-receipts on their smartphones to facilitate returns and act as proof of purchases.
BUSINESS / Companies
Jun 14, 2024

Aeon to roll out e-receipts nationwide

Customers can opt for e-receipts instead of paper ones when shopping by using the group’s iAEON app at participating stores.
Tomoyo (Mei Nagano)'s life is suddenly turned upside down when she learns about the suicide of a childhood friend, in Yuki Tanada’s “My Broken Mariko."
CULTURE / Film
Jun 15, 2024

Japanese Film Festival Online gives old and new titles a second life overseas

The festival will unfold in two sessions: the first from June 5 to 19 with 23 films, and the second from June 19 to July 3 with 25 films and two TV drama series.
Yamato Transport drivers push carts loaded with parcels for distribution in Sapporo.
BUSINESS / Companies
Jun 14, 2024

Japan logistics firms work to reduce parcel redeliveries

The government aims to lower the rate of parcel redeliveries from 10% in fiscal 2022 to 6% in fiscal 2024.
Haneda Airport in Tokyo is packed with travelers at the start of the Golden Week holidays in April.
BUSINESS / Companies
Jun 14, 2024

H.I.S. posts first half-year net profit in five years

For the six months through April, H.I.S. reported a consolidated net profit of ¥3.8 billion ($24.2 million), against a net loss of ¥4.8 billion a year before.
A nuclear power plant in Crystal River, Florida. While the public have warmed to nuclear in recent years, spiraling project costs have made private equity cautious.
BUSINESS
Jun 15, 2024

Building nuclear power is a bridge too far for world’s private investors

While the public have warmed to nuclear in recent years, spiraling project costs have made private equity cautious.
A Malawian subsistence farmer surveys her maize fields in Dowa near the capital Lilongwe.
BUSINESS / Tech
Jun 15, 2024

The AI revolution comes for farmers growing a third of our food

In Malawi, subsistence farmers are using an AI app to get tips on how to diagnose crop and farm animal diseases.
A facial recognition system at ticket gates has been introduced at the Yamaman Yukarigaoka Line in Sakura, Chiba Prefecture.
JAPAN
Jun 16, 2024

Facial recognition for train passengers in use in Chiba Prefecture

A boarding system using a facial recognition technology was introduced at the Yamaman Yukarigaoka Line.
Tomohiro Fukuzawa, CEO of SkyDrive, shows a model of the firm's flying car during a news conference in February 2023.
BUSINESS / Companies
Jun 16, 2024

SkyDrive gives up commercial use of flying car at Osaka Expo

Three other Japanese companies — made by Japan Airlines, ANA Holdings and Marubeni — will also operate flying cars at the event.
A person uses a tong with a camera and GPS system attached to pick up litter, part of an initiative to boost participation in collecting trash.
ENVIRONMENT / Sustainability / OUR PLANET
Jun 16, 2024

Japan’s gamified environment apps target a greener mindset

Government funding has helped drive a boom in environmental and social app development.
The US economic engine has pulled in an increasing share of global capital.
BUSINESS / Markets
Jun 17, 2024

How the U.S. mopped up a third of global capital flows since COVID-19

The U.S. also pulled in a fresh wave of foreign direct investment thanks to billions of dollars worth of incentives.
Microsoft Japan President Miki Tsusaka
BUSINESS / Companies
Jun 17, 2024

Microsoft’s Japan chief sees country accelerating its use of AI

Microsoft Japan President Miki Tsukasa sees AI as an inevitable and revolutionary new part of tech.
Passengers look at the tarmac as they wait for flights at Beijing Capital International Airport on April 20.
BUSINESS
Jun 17, 2024

Chinese outbound travel recovery lags due to costs and visa snags

Chinese people took 87 million trips abroad last year, down 40% from pre-COVID 2019.
Core machinery orders in April dropped month-on-month for the first time in three months, but the Cabinet Office said they are continuing to show signs of picking up.
BUSINESS / Economy
Jun 17, 2024

Japan's core machinery orders down in April but seen firming up ahead

Core orders fell 2.9% month-on-month in April, the first drop in three months.
Workers clear the oil slick using plastic bags on Sentosa island's Tanjong Beach in Singapore on Sunday.
ASIA PACIFIC
Jun 17, 2024

Singapore works to clean up oil spill after tanker accident

Several beaches have been closed after a tidal current carried the oil from the site to an area more than 30 kilometers away, close to the city-state's airport.
A view of the Unit 4 reactor of Tianwan Nuclear Power Plant in Lianyungang, Jiangsu province, China, in 2018
BUSINESS
Jun 17, 2024

U.S. as many as 15 years behind China on nuclear power, report says

Beijing's state-backed technology approach and extensive financing give it the edge over its rival, the study by the Information Technology & Innovation Foundation said.
The experiences of our protagonist (Yukino Takahashi, right) and her fellow sex workers lead them to wonder if they still have some spark of humanity left in Shimpei Yamasaki’s “During the Rains.”
CULTURE / Film
Jun 20, 2024

‘During the Rains’ captures a blunt, modern glimpse of Japan’s sex industry

Yukino Takahashi’s self-immolating performance makes her character hard to like but also forces the viewer to contend with the reality of her line of work.
Boeing CEO Dave Calhoun makes a rare public appearance at the Berlin Aviation Summit on June 4. His presentation — swinging between defiance and contrition — might offer clues on how he aims to handle himself during the Washington hearing on Tuesday.
BUSINESS / Companies
Jun 18, 2024

Boeing faces senate grilling as CEO search gains momentum

How outgoing CEO Dave Calhoun handles the spotlight is important not just for his legacy, but also for the company’s work to shore up confidence.
More than 2,100 companies, or about 98% of listed firms whose financial year ends in March, are due to hold their AGMs during the coming two weeks, according to the Tokyo Stock Exchange.
BUSINESS / Companies
Jun 18, 2024

Activists’ proposals hit record high for Japan’s AGM season

A total of 45 companies received proposals as of June 7, according to data compiled by Sumitomo Mitsui Trust Bank.
Michael Taylor, former U.S. Green Beret and architect of the 2019 Carlos Ghosn escape plot, said that other inmates deported from Fuchu Prison to a detention center in Los Angeles were so traumatized that they ended up with psychological problems.
JAPAN / Crime & Legal
Jun 18, 2024

Man who sprung Ghosn challenges depiction of Fuchu Prison

Michael Taylor, who served part of his sentence at the facility, said he felt the depiction had missed key elements of the "Fuchu experience."
Jars containing rare earth minerals produced near Laverton, northeast of Perth, Australia, in 2019
BUSINESS / Markets
Jun 18, 2024

Brazil sees opportunity in race to loosen China's grip on rare earths

Rare earths projects in Brazil are expected to be a test for how effectively the West can build a new advanced industry almost from scratch.
Bank of Japan Gov. Kazuo Ueda said the central bank was not yet fully convinced that inflation will sustainably hit its 2% target, stressing the need to spend "a bit more time" to scrutinize data before raising rates again.
BUSINESS / Economy
Jun 18, 2024

BOJ chief signals chance of July rate hike

Such a move would depend on economic data available at the time, says Gov. Kazuo Ueda.
Tuesday's shareholders meeting was held at the company’s headquarters in the city of Toyota, Aichi Prefecture.
BUSINESS / Companies
Jun 18, 2024

Shareholders deliver vote of confidence to Toyota and Toyoda

They stood their ground against the advice of the world’s most influential proxy advisory services urging them to reject Toyoda's reappointment to the board.
Prime Minister Fumio Kishida speaks at a government meeting on crime prevention at the Prime Minister's Office on Tuesday.
JAPAN
Jun 18, 2024

Japan's government demands stricter screenings of social media ads

Specifically, social media operators are being asked to draw up and disclose ad-screening criteria.
The Pentax 17 will be launched in the U.S. and Europe this month, and Japan next month, according to Ricoh.
BUSINESS
Jun 18, 2024

Japan brand launches first film camera in 20 years

The Pentax 17 will be launched in the U.S. and Europe this month, and Japan next month, according to Ricoh.
Nintendo announced several new games that will be released on the Switch later this year, ahead of the expected launch of a new console in early 2025.
BUSINESS / Companies
Jun 19, 2024

Nintendo surprises fans by announcing new 'Zelda' game

Last year's Zelda game, Tears of the Kingdom, sold 10 million copies in just three days, according to Nintendo.
Japan's exports in May showed the largest year-on-year increase since November 2022, but persistent weakness in the yen is raising concerns about the potential for a resurgence in cost-push inflation.
BUSINESS / Economy
Jun 19, 2024

Japan’s exports grow most since 2022 on boost from weak yen

Exports increased 13.5% from a year ago in May, marking a sixth month of gains, the Finance Ministry reported.
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?
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