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November 22, 2024
 

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Toyota is recalling over 42,000 U.S. vehicles over loss of power brake assist that can extend the distance required to stop.
BUSINESS / Companies
Sep 27, 2024

Toyota to recall over 42,000 U.S. vehicles over loss of power brake assist

The recall affects certain 2023-2024 Corolla Cross Hybrid vehicles.
Members of the K-pop group NewJeans are embroiled in a dispute with their corporate backers over their creative relationship with an executive producer.
CULTURE / Music
Sep 28, 2024

NewJeans’ ultimatum casts K-pop’s displays of labor in a new light

A YouTube live broadcast from the girl group raises age-old questions about labor practices in the Korean pop industry.
Having grown up in North Carolina, where people are chatty and friendly, Duane Levi says Kansai and Osaka in particular had a similar vibe.
COMMUNITY / Our Lives / 20 QUESTIONS
Sep 27, 2024

Duane Levi: 'Once you are able to create something that has sustainability … you’re going to get help and support.'

Unable to get a job in PA and recording, Duane Levi forged his own path in the Japanese music scene and has introduced many artists to the market here.
U.S. President Joe Biden disembarks from Air Force One upon arrival at Dover Air Force Base in Dover, Delaware, on Friday.
BUSINESS / Companies
Sep 28, 2024

Biden still opposes Nippon Steel deal's bid for U.S. Steel

The remarks threw cold water on hopes by deal supporters that the proposed tie-up could get a green light from a key review committee.
The upscale Gangnam area of Seoul is one area in South Korea where high-end apartments for seniors are being developed.
BUSINESS
Sep 28, 2024

Fast-aging South Korea sees money in luxury retirement homes

The popularity of such residences have prompted the likes of Lotte and Hyundai to invest billions of dollars on new projects.
A photo of Chinese leader Xi Jinping is displayed at the National Security Exhibition Gallery in Hong Kong on Monday. The 24-man Politburo led by Xi has recently unveiled a series of pro-growth goodies to help the country's economy.
BUSINESS / Economy / FOCUS
Sep 28, 2024

Xi’s big stimulus week aims to draw a line under China slowdown

A recent barrage of policy announcements marked a sea change in Xi’s approach to managing China’s $18 trillion economy.
A Kobayashi Pharmaceutical factory in Osaka
BUSINESS
Sep 28, 2024

Kobayashi Pharma sued in Taiwan over beni kōji products

A group filed the lawsuit with the Taipei District Court against six firms including a Taiwanese unit of Kobayashi Pharmaceutical and an importer in Taiwan.
Shigeru Ishiba, the newly elected leader of the Liberal Democratic Party, holds a news conference after the LDP leadership election, on Friday.
BUSINESS / Economy
Sep 29, 2024

Ishiba calls for loose monetary policy amid fragile economic recovery

On fiscal policy, Ishiba said he will aim to compile a package of measures at an early date to cushion the economic blow from rising living costs.
The logo of Tokyo-based chipmaker Rapidus
BUSINESS / Companies
Sep 29, 2024

Sony and others to make extra investments in Rapidus

The Tokyo-based chipmaker hopes to secure the necessary funds to start mass production of next-generation semiconductors as early as 2027.
Shigeru Ishiba speaks at the Liberal Democratic Party headquarters in Tokyo after being elected the party's new leader Friday.
BUSINESS / Markets
Sep 30, 2024

Tokyo stocks fall 4.8% in first day of trading after Ishiba's victory

The surprise result in the Liberal Democratic Party presidential election “contributed to meaningful volatility” in the markets.
The four remaining U.K. Conservative leadership contenders (from left): Robert Jenrick, James Cleverly, Kemi Badenoch and Tom Tugendhat
WORLD / Politics
Sep 30, 2024

Tories turn on each other in race to succeed low-key Sunak

The U.K. Conservatives' annual conference has kicked off with jibes between leadership contenders.
Chinese bookings for overseas flights and hotels have spiked from last year’s holiday week.
BUSINESS
Sep 30, 2024

Chinese headed to Europe and far-flung hot spots for Golden Week

Vacation bookings are closer than ever to returning to pre-pandemic levels.
Shareholder support for Toyota Chairman Akio Toyoda slid after government probes uncovered fraudulent vehicle certifications at Toyota and its group companies.
BUSINESS / Companies
Sep 30, 2024

Opposition to Toyota’s chairman spreads among big shareholders

Akio Toyoda, the grandson of the company’s founder, saw shareholder support drop to 85% last year, a record low at the time, and then a further decline to 72% in June.
Volkswagen expects to deliver fewer vehicles this year than in 2023 — its fourth annual sales slump in five years.
BUSINESS / Companies
Sep 30, 2024

Volkswagen’s second profit warning exposes a carmaker in decline

The company expects to deliver fewer vehicles this year than in 2023.
Employees of the Tokai village government in Ibaraki Prefecture offers a moment of silence on Monday to commemorate the 25th anniversary of a criticality accident that occurred at a facility of nuclear fuel-processing company JCO.
JAPAN / Society
Sep 30, 2024

Ex-mayor raps government for lack of preparedness for nuclear disasters

Tatsuya Murakami, who dealt with a 1999 nuclear accident as a village chief, warns against the pursuit of nuclear power without weighing its risks.
At least four Japanese firms removed Nomura Holdings as bond manager after market rule violations were found.
BUSINESS / Companies
Sep 30, 2024

Nomura excluded from several yen bond deals on rule breach

The securities watchdog said it had investigated Nomura for suspected market manipulation in government bond futures and found violations.
Then-U.S. President Donald Trump prepares to sign a memorandum on intellectual property tariffs on high-tech Chinese goods at the White House in March 2018.
COMMENTARY
Sep 30, 2024

Trumpism, Stalinism and the tariff debate

Trump loyalists — which these days means almost the entire Republican Party — insist as a group that foreigners, not American consumers, pay taxes on imports.
Rescue personnel search for missing people in debris after flooding along the Tsukada River Wajima, Ishikawa Prefecture, on Sept. 23.
COMMENTARY / Japan
Sep 30, 2024

Lessons from Japan’s fight against floods as the climate changes

As climate change intensifies flood risk, Japan should rely more on adaptive and nature-based solutions to prepare for disasters like the recent deluge in Ishikawa.
The Port Authority of New York and New Jersey in Newark, New Jersey, on Monday. Some 45,000 union workers could walk off the job at seaports on the U.S. East and Gulf coasts on Oct. 1.
BUSINESS / Markets
Oct 1, 2024

U.S. port labor dispute threatens range of products

A possible strike by 45,000 union workers could affect the availability of anything from bananas to clothing to cars and cost the U.S. economy $5 billion daily.
People walk on an overpass with a display of stock information in front of buildings in the Lujiazui financial district in Shanghai on Aug. 6.
BUSINESS / Markets
Oct 1, 2024

Global investors call time on their exodus from China

Beijing's moves to entice more cash into equities and jolt consumer spending have boosted the appeal of still-low Chinese company valuations.
The Bank of Japan's September board meeting summary suggests the BOJ will endeavor to send clearer hints before raising its benchmark rate again.
BUSINESS / Economy
Oct 1, 2024

BOJ keen to avoid surprises after rate hike tanked Nikkei, meeting notes show

The bank's July 31 rate hike shocked markets and prompted the 225-issue Nikkei average's biggest tumble on record.
The ByteDance logo at the company's office in Shanghai in 2023
BUSINESS / Companies
Oct 1, 2024

ByteDance rumored to be planning new AI model trained with Huawei chips

ByteDance has diversified to domestic suppliers of chips for artificial intelligence and has been accelerated development of its own since the U.S. restricted exports.
Shigeru Ishiba’s Cabinet appointments reveal deep fissures within the party resulting from his victory in the leadership race.
COMMENTARY / Japan
Oct 1, 2024

The new prime minister puts together a ‘disunity Cabinet’

While Ishiba tries to promote his policy priorities, the Cabinet's composition may create challenges for his leadership.
Google's plan to invest $1 billion in data centers in Thailand underscores a push by Southeast Asia’s governments to attract foreign tech firms.
BUSINESS / Companies
Oct 1, 2024

Google to spend $1 billion in Thailand in Southeast Asia AI push

The outlay could help add $4 billion to Thailand’s economy by 2029 and support 14,000 jobs annually over the next five years, Google says.
An electronic stock board displays the 225-issue Nikkei average and the rate of the yen against the U.S. dollar outside a securities firm in Tokyo on Monday.
BUSINESS / Economy
Oct 1, 2024

Ishiba cool on Abenomics, pragmatic and a bit of a mystery

Analysts argue that the new prime minister will be more like former Prime Minister Fumio Kishida than former Prime Minister Shinzo Abe.
California Gov. Gavin Newsom speaks in Philadelphia, Pennsylvania, on Sept. 10. The governor has signed a law that aims to prevent instances of stalking and harassment using sophisticated car features such as location tracking and remote control.
WORLD / Crime & Legal
Oct 1, 2024

California enacts car data privacy law to curb domestic violence

The move aims to prevent stalking and harassment using features such as location tracking and remote control as automakers add more sophisticated tech to their cars.
Workers picket outside of the APM container terminal at the Port of Newark in Newark, New Jersey, on Tuesday.
BUSINESS
Oct 2, 2024

U.S. dockworkers strike to stop automation already seen at other ports

Longshoremen have gone on strike for the first time since 1977 as the union takes a hard-line stance against automation.
Fans watch the Super Bowl at the FanDuel sportsbook in East Rutherford, New Jersey, in February 2019.
MORE SPORTS / Football
Oct 2, 2024

FanDuel sued by convicted NFL executive over gambling addiction

The complaint by Amit Patel, who was sentenced to 78 months behind bars in March, alleges that FanDuel ignored its own responsible gaming protocols.
Prime Minister Shigeru Ishiba arrives for a photograph with his new Cabinet members at the Prime Minister's Office in Tokyo on Tuesday.
JAPAN / Politics
Oct 2, 2024

Number of women in Japan's Cabinet drops to two

The government and businesses have regularly missed a range of self-imposed targets and plans to increase the number of women in leadership positions.
Traders borrow in currencies where rates are low and put that money to work in economies where rates are high, pocketing the difference.
BUSINESS / Markets / FOCUS
Oct 2, 2024

Massive carry trade still lurks in the shadows and looms over markets

Trillions might remain, slightly different, less obvious and all but forgotten by a market eager to move on.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
'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.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.

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

SUSTAINABLE JAPAN

Azabudai Hills, Tokyo’s green new downtown ‘village’
Azabudai Hills, Tokyo’s green new downtown ‘village’

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