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November 22, 2024
 

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Rene Redzepi unveils his future for Noma as well as the MAD Symposium, an event 'to create a lasting generational foundation and structure that ensures that we stay creative and impactful for a lifetime.'
LIFE / Food & Drink
Nov 1, 2024

After Kyoto residency, Rene Redzepi says 'Noma will exist as a pop-up'

"You go there to feel something but then you can’t feel it again — it’s gone," Redzeoi says. "I’m excited for the restaurant to operate like that.”
FamilyMart has introduced discount stickers with teary-eyed characters and the plea "Please help me" on near-expiration rice balls, sandwiches and bento boxes.
BUSINESS / Companies
Oct 31, 2024

FamilyMart trials sobbing discount stickers to help prevent food waste

The convenience store chain hopes the stickers will tug on customers’ heartstrings and encourage them to purchase items nearing their expiration dates.
With the next prime minister needing to be selected soon after the recent election, there are questions about whether the Democratic Party For the People and Nippon Ishin no Kai will support Shigeru Ishiba in his bid to remain Japan’s leader.
COMMENTARY / Japan
Oct 31, 2024

Ishiba's future in question as support from allies wavers

The question now is whether the DPP and Ishin will support the LDP nominee to ensure victory, or if they will nominate their own candidates.
Fans watch Game 5 of the World Series at Fields, a sports bar in Tokyo’s Shibuya Ward, on Thursday morning.
BASEBALL
Oct 31, 2024

Fans gather early at Shibuya bar to watch Shohei Ohtani's big night

Game 5 of the World Series started at around 9 a.m. on Thursday for fans in Japan.
Takeda Pharmaceutical raised its full-year operating profit guidance to ¥265 billion from ¥225 billion, citing a stronger than expected first-half performance and updated currency assumptions.
BUSINESS
Oct 31, 2024

Japan's Takeda raises full-year profit forecast amid restructuring

Takeda raised its full-year operating profit guidance to ¥265 billion from ¥225 billion, citing a stronger than expected first-half performance.
Boeing workers hold signs during a strike rally for the International Association of Machinists and Aerospace Workers at the Seattle Union Hall in Seattle, Washington, on Oct. 15.
BUSINESS / Companies
Nov 1, 2024

Striking Boeing workers set to vote on union-endorsed 38% wage hike offer

The vote on Monday, if approved, would be a boost for new CEO Kelly Ortberg, who is pushing for a "fundamental culture change" at the beleaguered company.
Stock data is displayed in the Lujiazui financial district in Shanghai in August.
BUSINESS / Markets / ANALYSIS
Nov 1, 2024

Investors take cover in Asia ahead of U.S. election

Money managers are looking to make bets in India or China that stand to gain regardless of who becomes president. 
The close for the Tokyo Stock Exchange, Asia’s second-biggest equities market, will be moved back to 3:30 p.m. from Tuesday.
BUSINESS / Markets
Nov 1, 2024

High-frequency traders get an extra 30 minutes for Japan stocks

The extra half-hour is raising concerns among market participants who fear the shift will give rise to machine-driven price moves.
According to Teikoku Databank, the upcoming price increases can be attributed to higher material costs and will be led by processed food and snacks.
BUSINESS / Economy
Nov 1, 2024

Japan to see price hikes for 282 food products this month

The upcoming price increases can be attributed to higher material costs and will be led by processed food and snacks.
Krishna Srinivasan, director of the International Monetary Fund's Asia Pacific Department
BUSINESS / Economy
Nov 1, 2024

Japan must avoid issuing debt to fund fresh spending, IMF says

Prime Minister Shigeru Ishiba has pledged to compile another large-scale spending package to cushion the blow to households from the rising cost of living.
Held weekly at the Red Bull Gaming Sphere in Tokyo’s Nakano Ward, Tatakai Tuesday brings together both local and visiting fighting game enthusiasts.
LIFE / Digital / ON: GAMES
Nov 2, 2024

Blood, bruises and brotherhood at Tokyo’s fighting games club

Organizers Jonathan Metoyer and Andrew Fidelis started the events to 'replicate a sense of pressure you’d feel in competitive space.'
Cream-filled 'maritozzo' buns are just one of the many sweet treats on offer at Japanese convenience stores.
LIFE / Food & Drink
Nov 3, 2024

Exploring the ‘B-gourmet wonderland’ of Japanese convenience stores

Tourists who obsess over 7-Eleven and FamilyMart can seem a bit absurd, but there's no denying the integral role these stores have in daily life in Japan.
The U.S. aircraft carrier Carl Vinson and two Japanese Maritime Self-Defense Force destroyers transit the Philippine Sea in April 2017. Washington has recently deployed additional carrier strike groups to the Middle East as tensions in the region grow.
COMMENTARY / World / Geoeconomic Briefing
Nov 1, 2024

Both U.S. presidential candidates’ security strategies raise concerns

Whoever wins the election will be strongly constrained by the challenging geopolitical environment. Plus, there is unease about both candidates' foreign policy stances.
Officials gather at the BRICS summit in Russia on Oct. 24. It it estimated that by 2040-2050, the gross domestic product of the Group of Seven countries will be surpassed by that of emerging economies, raising questions as to whether the U.S. is prepared for this shift.
COMMENTARY / World / Geoeconomic Briefing
Nov 1, 2024

The U.S. is unprepared for a multipolar world

There is little acknowledgement in the U.S. that the world it now made up of multiple centers of power, which risks making Washington's foreign policy ineffective.
Government Pension Investment Fund saw a loss of 3.6% in the three months through September, with assets totaling ¥248.2 trillion ($1.6 trillion), it said Friday.
BUSINESS / Companies
Nov 1, 2024

GPIF has worst loss since 2020 as yen strength hits assets

GPIF, one of the world’s largest state pension funds, incurred losses in three of four major asset classes.
Yuichiro Tamaki, leader of the Democratic Party for the People, speaks during an interview in Tokyo on Friday.
BUSINESS
Nov 1, 2024

Japan’s potential kingmaker says BOJ shouldn’t hike before March

The central bank needs to closely examine the results of next year’s wage deal results before moving on policy again, Tamaki said.
Tokyo's Ginza shopping district. In its revised estimates, the Cabinet Office cut its inflation-adjusted GDP growth forecast for the current fiscal year ending in March 2025 to 0.7% from 0.9% projected in July.
BUSINESS / Economy
Nov 1, 2024

Japan cuts growth forecast again for current fiscal year on weak exports

In its revised estimates, the Cabinet Office cut its inflation-adjusted GDP growth forecast for the year ending in March 2025 to 0.7% from 0.9% projected in July.
In recent years, anglophone publishers have perked up to the potential of “healing fiction,” driven by a healthy appetite for East Asian literature. Japan figures prominently in this literary landscape, and a fondness for felines in the "iyashikei" (healing type) genre has proven commercially viable abroad.
CULTURE / Books
Nov 2, 2024

Cat companions and the 'healing fiction' boom

Japan's "iyashikei" (healing type) cultural products are gaining audiences, and non-Japanese readers are craving cozy feline literature in translation.
Chipmaker Nvidia will replace rival Intel in the 128-year-old Dow Jones Industrial Average prior to the start of trading on Nov. 8.
BUSINESS / Tech
Nov 2, 2024

Nvidia to replace Intel in the Dow Jones Industrial Average

The company will replace rival Intel in the 128-year-old Dow Jones Industrial Average prior to the start of trading on Nov. 8.
The seaside town of Shika on the Noto Peninsula, where the local power provider, Hokuriku Electric, has been fighting for a decade to restart a nuclear power plant in the town’s center.
JAPAN / Society
Nov 2, 2024

Can quake-prone Japan ever embrace nuclear energy again?

The government, its makeup in flux after the LDP lost seats this week, will soon need to make decisions that will shape Japan's future nuclear policy.
Krishna Srinivasan, director of Asia and Pacific at the International Monetary Fund
BUSINESS / Economy
Nov 2, 2024

IMF Asia-Pacific chief urges Japan to start debt cuts

The leading IMF official called for Japan to "have a well fleshed-out, credible medium-term fiscal framework."
Polling has failed spectacularly in recent U.S. presidential elections and the country can only hope it navigates this year's volatile race with its credibility intact.
COMMENTARY / World
Oct 31, 2024

Broken political polling failing American democracy

To restore confidence in polling, pollsters must recognize the limitations of traditional random sampling and improve methods for diagnosing nonresponse bias.
As the European Commission prepares to make decisions on Google’s practices by the end of 2024, there is hope for a collaborative approach with U.S. regulators to create meaningful structural reforms.
COMMENTARY / World
Oct 20, 2024

Google’s breakup needs an international tag team

There’s a growing consensus among regulators on both sides of the Atlantic to redefine antitrust harm beyond just pricing issues.
U.K. university tuition fees for domestic students are set to rise for the first time in seven years due to a financial crisis in higher education.
COMMENTARY / World
Nov 4, 2024

Britons don't pay enough to go to university

U.K. university tuition fees for domestic students are set to rise for the first time in seven years due to a financial crisis in higher education.
Former U.S. President and Republican presidential candidate Donald Trump speaks during a live interview with U.S. commentator Tucker Carlson in the finale of the Tucker Carlson Live Tour at Desert Diamond Arena in Glendale, Arizona, on Thursday.
WORLD / Politics
Nov 4, 2024

Election falsehoods take off on Youtube as it looks the other way

The largest video platform has become a home for election conspiracy theories, half-truths and lies, which provide it with revenue.
Chinese leader Xi Jinping and senior officials and delegates at the National Peoples Congress in Beijing in March
BUSINESS / Economy
Nov 4, 2024

China stimulus questions to persist long after meeting this week

It may be months before detailed plans to support consumption come into focus.
Chinese solar panel manufacturer Trina Solar's facility in Thai Nguyen, Vietnam, on Aug. 30
BUSINESS / Tech
Nov 4, 2024

Chinese solar firms, ever-nimble, go where U.S. tariffs don't reach

Chinese solar firms have repeatedly sidestepped tariffs to dominate the global markets despite U.S. efforts over more than a decade to rein them in.
Quincy Jones attends a reception in his honor at the Residence de France in Los Angeles on April 25, 2017.
CULTURE / Entertainment news
Nov 4, 2024

Quincy Jones, renaissance man of American music, dies at 91

Jones died at his home in Los Angeles, surrounded by his family, according to a statement from his publicist.
Toyota is expected to report a 14% year-on-year operating profit decline in July-September, to ¥1.2 trillion ($7.9 billion), according to an average estimate by analysts.
BUSINESS / Companies
Nov 5, 2024

Toyota to post first profit drop in 2 years as demand cools after big run

Toyota is expected to report a 14% year-on-year operating profit decline in July-September, to ¥1.2 trillion ($7.9 billion), according to an average estimate by analysts.
Japan controlled half or more of the global chips market through the 1980s but has less than a tenth of the market today.
BUSINESS / Companies
Nov 5, 2024

Japan taps U.S. chip startup Tenstorrent to help train new wave of engineers

The contract is part of Japan's effort to reinvigorate its semiconductor industry.
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.
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.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
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.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

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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