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November 23, 2024
 

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A rare earths plant owned by Neo Performance Materials in Sillamae, Estonia
BUSINESS / FOCUS
Jun 27, 2024

In race to regain rare earth glory, Europe falls short on mineral goals

EU demand for rare earths is forecast to soar sixfold in the decade to 2030 and sevenfold by 2050.
Core inflation in Tokyo accelerated in June on rising fuel bills and the boost to import costs from a weak yen, keeping alive expectations for a near-term interest rate hike by the central bank.
BUSINESS / Economy
Jun 28, 2024

Tokyo inflation quickens, keeping BOJ on track for rate hike

Consumer prices excluding fresh food rose 2.1% in the capital, accelerating from 1.9% in May.
A monitor at a foreign exchange brokerage in Tokyo shows the yen falling below ¥161 against the dollar on Friday morning.
BUSINESS / Markets
Jun 28, 2024

Japan names new forex diplomat as yen hits 38-year low

Atsushi Mimura, a financial regulation veteran, replaces Masato Kanda, who launched the biggest yen-buying intervention on record this year.
Narita Airport is facing a jet fuel shortage and has requested that domestic distributors ensure a stable supply.
BUSINESS
Jun 28, 2024

Japan’s jet fuel crunch hits Narita

Narita Airport said the fuel crunch was affecting operations of six Asian carriers and the plans of some 57 flights a week currently.
To be the best of the best, according to the exclusive Relais & Chateaux group, Japan's 'ryokan' inns need to leave guests with "a transcendental feeling."
LIFE / Travel
Jun 29, 2024

To Relais & Chateaux, not all ‘ryokan’ inns are created equal

In Japan, this exclusive association has partnered with just 13 hotels and traditional 'ryokan' inns and seven stand-alone restaurants spread across the country.
In the future, more tour operators and sites of interest may start marketing themselves based on travelers' preferences to set their own schedules.
LIFE / Travel
Jun 29, 2024

When Japan travels, it doesn’t mind going it alone

Regardless of the destination, more tour operators and regions are leaning on “travel as a form of self-care.”
Kamekichi Fujiwara has been making 'New York-style' pizza in Tokyo's Kichijoji neighborhood since 1967.
LIFE / Food & Drink
Jun 30, 2024

At Tony’s Pizza, ‘New York style’ is a state of mind

In 1967, Kamekichi Fujiwara made his first pizza layered with Dutch edam, mozzarella from Germany and Danish Maribo — and it’s what Tony’s Pizza still serves today.
While Japan may not have a large market for English-language publications, there's still hope to grow your career overseas while living here.
COMMUNITY / How-tos
Jul 1, 2024

How to make it as an English-language author in Japan

Some writers find career stability in teaching, while others find that the culture and vibrance of this country inspires their imaginations.
A group of 14 investors filed a lawsuit Friday against Mitsubishi UFJ Morgan Stanley Securities, seeking to recover losses after Credit Suisse’s riskiest bonds sold to them turned worthless.
BUSINESS / Companies
Jun 28, 2024

MUFG unit sued again in Japan over Credit Suisse AT1 losses

The 14 plaintiffs are demanding a combined ¥1.37 billion ($8.5 million) in compensation.
Green tea has the largest share of Japan's soft drink market.
LIFE / Food & Drink
Jul 7, 2024

Major Japanese beverage-makers renewing green tea products

Green tea has the largest share of Japan's soft drink market.
Fawn Weaver's book “Love and Whiskey,” out this month, is an engrossing narrative tracking the author's discovery of the truth behind one of the most popular whiskey brands in the world.
CULTURE / Books
Jun 30, 2024

‘Love and Whiskey’: A tale of how an obsession delivered a woman from grief

Through Fawn Weaver’s efforts, bracketed within a personal tragedy, the true story of how Jack Daniel learned how to make whiskey from a Black slave comes to life.
The Economist Intelligence Unit’s 2024 Liveability Index gave Tokyo perfect scores for stability and health care.
BUSINESS / Economy
Jun 28, 2024

Osaka and Tokyo ranked as world’s ninth and 14th most livable cities

The Economist Intelligence Unit scores cities on the basis of education, stability, health care, culture, and the environment and infrastructure.
Japan’s Coco Yoshizawa participates in a Paris 2024 Olympic qualifier. This summer’s Olympics will be the first in which half of athletes are female.
COMMENTARY / World
Jun 28, 2024

Paris Olympics’ gender equality boast has an asterisk

Paris 2024 will be the first Olympics where half of all athletes are female. But the gender gap remains wide among the ranks of coaches and needs to be tackled.
Tokyo Gov. Yuriko Koike speaks during an interview at the Tokyo Metropolitan Government Building in Tokyo on June 3.
JAPAN / Politics
Jun 28, 2024

Koike’s governorship shaped by slogans and questions over follow-through

The Tokyo gubernatorial election is seen as hers to lose, but how did she become Japan's most famous female politician and what has she actually achieved?
U.S. President Joe Biden meets with steelworkers at United Steel Workers headquarters in Pittsburgh in April.
BUSINESS / FOCUS
Jun 29, 2024

Biden and Trump battle for blue-collar voters as steel merger looms over vote

Just how many rank-and-file workers ignore union chiefs and vote for Donald Trump could have a decisive impact in Pennsylvania, Michigan and Wisconsin.
An employee works on a laptop next to a drone at SD Guthrie's Sungai Linau estate in Selangor, Malaysia, on June 6.
BUSINESS / Tech
Jun 29, 2024

Robots are stepping into one of Asia’s dirtiest farm jobs

With global stockpiles of palm oil set for the first back-to-back decline in more than 40 years, Malaysia is pushing for automation to boost production.
Estonian Prime Minister and newly nomiated EU foreign policy chief Kaja Kallas addresses a news conference at the end of the European Council summit at EU headquarters in Brussels on Friday.
WORLD / Politics / FOCUS
Jun 29, 2024

A lifetime fighting Putin’s aggression drives EU’s next diplomatic chief

Estonian Prime Minister Kaja Kallas, the bloc's next foreign policy chief, will be charged with shaping its response to Russia’s invasion of Ukraine.
Emperor Naruhito and Empress Masako visit Merton College at the University of Oxford in Oxford, England, on Friday.
JAPAN
Jun 29, 2024

Imperial couple wrap up visit to U.K. after trip down memory lane

Their formal state visit concluded Thursday with a goodbye from King Charles and Queen Camilla, but they squeezed in a trip to Oxford before flying home.
Workers transport soil containing rare-earth elements for export at a port in Lianyungang, China, in October 2010.
BUSINESS
Jun 30, 2024

China issues rare-earth regulations to further protect domestic supply

The rules focus on the mining, smelting and trade in the critical materials used to make products from magnets in electric vehicles to consumer electronics.
U.S. President Joe Biden looks back before boarding Air Force One at Francis S. Gabreski Airport in Westhampton Beach, New York, on Saturday.
WORLD / Politics
Jun 30, 2024

Biden asks donors to stick with him after disastrous debate

The U.S. president repeated that he wouldn’t be running "if I didn’t believe I could win” as he seeks to rebuild momentum in his campaign against Donald Trump.
Market participants project the pace of Japan’s stock market rally to slow in the second half of this year.
BUSINESS / Markets
Jun 30, 2024

Japan’s stock rally is forecast to slow in second half of 2024

The benchmark Topix index will climb about 2.9% by the end of the year, while the 225-issue Nikkei average will rise about 4.8%, according to projections.
Toyota Customizing & Development, founded in April 2018 and 90.5% owned by Toyota, develops vehicles on behalf of the parent firm.
BUSINESS / Companies
Jun 30, 2024

Toyota unit violates subcontract law

The Fair Trade Commission will shortly recommend that TCD take steps to prevent a recurrence of similar misconduct, sources said.
Wind turbines near New Brighton, England. According to the International Energy Agency, Japan could produce over 900% of its energy demand with offshore wind alone.
ENVIRONMENT / Energy / OUR PLANET
Jun 30, 2024

Japan looks farther out to sea for overdue wind power boost

A bill enabling development in the country's exclusive economic zone is seen as key to Japan achieving carbon neutrality by 2050.
Tourists in front of the restaurant and shopping area of Mount Fuji's 5th Station, which leads to the popular Yoshida trail for hikers climbing the mountain, in Narusawa, Yamanashi Prefecture, on June 19.
JAPAN / Society
Jun 30, 2024

Mount Fuji begins charging entrance fees as overtourism prevention measure

The measure, which also includes capping the number of daily climbers at 4,000, marks the first time that climbing one of Japan's most enduring symbols will cost money.
A drum sits inside the Korea Exchange in Seoul on June 13. South Korea is extending a ban on stock short selling through March 30 next year and planning harsher penalties for illegal trades.
BUSINESS / Markets
Jun 30, 2024

High-speed traders and short sellers face growing Asia crackdown

Recent developments show the difficulty of keeping up with increasingly sophisticated trading strategies and their market impact — challenges set to grow further with AI.
South Africa President Cyril Ramaphosa attends the oath of office ceremony for his second term as South African President, at the Union Buildings in Pretoria, South Africa, on June 19.
WORLD / Politics
Jul 1, 2024

South Africa opposition debuts in Ramaphosa’s unity cabinet

The announcement of the new executive followed more than a week of negotiations.
Japan's most expensive plot of land lies in front of Kyukyodo stationery store in Tokyo's Ginza shopping district, according to National Tax Agency statistics.
BUSINESS / Economy
Jul 1, 2024

Japan's land prices rise at fastest pace since 2010, tax agency says

Average land prices climbed 2.3% last year, rising for the third straight year.
Chief Cabinet Secretary Yoshimasa Hayashi speaks during a news conference at the Prime Minister's Office on Monday.
JAPAN
Jul 1, 2024

Japanese business executive detained in Myanmar

The military regime said an Aeon Orange executive and local supermarket officials allegedly sold rice at prices higher than levels set by authorities.
Samples of newly designed yen banknotes at the National Printing Bureau's Tokyo plant on June 19
BUSINESS / EXPLAINER
Jul 1, 2024

What you need to know about Japan's new banknotes

The last time the country redesigned its banknotes was 20 years ago.
Hyundai Wia robotic arms on the production line at the Kia plant in Gwangmyeong, South Korea, on Jan. 3
BUSINESS
Jul 1, 2024

How one of the world's strongest car unions is dealing with EV job losses

Hyundai Motor and Kia’s moves toward electrification are provoking anxiety in South Korea’s highly active and organized labor movement.
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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