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December 22, 2024
 

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Employees of Takahashi Shouten working on the trial production of sake in New Delhi on Nov. 14.
BUSINESS / Companies
Dec 17, 2024

Japanese sake brewery to make foray into Indian market

Takahashi Shouten, based in the city of Yame in Fukuoka Prefecture, launched a subsidiary in India in February.
Japan wants renewable energy to account for around 40% to 50% of its electricity mix by fiscal year 2040 with nuclear power taking up another 20%, according to a new energy plan released Tuesday.
BUSINESS / Economy
Dec 17, 2024

Japan aims to expand nuclear power in break from Fukushima era

The nation set out a proposed new energy strategy which urges both nuclear and renewables to be utilized to maintain growth and help curb emissions.
The Energy Powerwall Home Battery charging station in Brussels in 2023
BUSINESS / Tech
Dec 17, 2024

New EU emissions rules drive petrol car price hikes and EV discounts

Analysts say major carmakers have adjusted their pricing strategy to curb demand for heavy emitters and make pricier electric models appealing.
An Apple logo is seen in Brussels, Belgium, in 2016.
BUSINESS / Tech
Dec 17, 2024

Congo files criminal complaints against Apple over conflict minerals

International lawyers representing Congo argue that Apple uses minerals pillaged from the country and laundered through international supply chains.
A Lower House committee on political reform deliberates on a revision of the political funds law on Tuesday.
JAPAN / Politics
Dec 17, 2024

Bill to abolish funds for political activities clears Lower House

The bill will put a stop to the disbursement of such funds, criticized for their lack of transparency, by parties to their lawmakers.
A member of security inspecting a collapsed building in Vanuatu's capital Port Vila after a powerful earthquake hit the Pacific island on Tuesday.
ASIA PACIFIC
Dec 17, 2024

Major quake crushes buildings in Vanuatu capital; bodies seen

The 7.3 magnitude quake struck at a depth of 57 kilometers at 12:47 pm, according to the U.S. Geological Survey.
Environmental activist Paul Watson waves after getting released from prison in Nuuk, Greenland, on Tuesday.
JAPAN
Dec 18, 2024

Japan 'regrets' release of anti-whaling activist Paul Watson

The 74-year-old Canadian-American activist was released after Copenhagen turned down Tokyo's request to bring him to Japan.
Makoto Uchida (left), chief executive officer of Nissan Motor, and Toshihiro Mibe, chief executive officer of Honda Motor, attend a joint news conference in Tokyo in August.
BUSINESS / Companies
Dec 18, 2024

Nissan and Honda consider merger to take on world's biggest carmaker

Such a deal would create an automotive rival to Toyota and would effectively consolidate the Japanese auto industry into two camps.
Luigi Mangione, 26, at the Blair County Courthouse in Hollidaysburg, Pennsylvania, on Dec. 10. Mangione was indicted on Tuesday for the murder of UnitedHealth Group executive Brian Thompson.
WORLD / Crime & Legal
Dec 18, 2024

Luigi Mangione indicted for first-degree murder in CEO death

Mangione faces as long as life in prison without the possibility of parole if he is convicted.
Honmoku pier in Yokohama. While the value of exports has risen, trade is giving limited support to the economy.
BUSINESS / Economy
Dec 18, 2024

Weak yen helps Japan’s exports rise ahead of BOJ meet

Exports measured in value rose 3.8% from a year earlier led by chipmaking machinery and nonferrous metals.
Bain Capital said it had "strong concerns” about Fuji Soft’s process to go private, and decided to proceed with its bid to buy shares of the software company without the support of the its board.
BUSINESS / Companies
Dec 18, 2024

Bain to make $4.2 billion hostile bid for Fuji Soft against KKR

Shares of Fuji Soft rose 1.1% to ¥9,756 on Wednesday morning in Tokyo.
Nobuo Hayasaka, president of Kioxia Holdings, reacts after striking a bell during the company's listing ceremony at the Tokyo Stock Exchange in Tokyo on Wednesday.
BUSINESS / Companies
Dec 18, 2024

Chipmaker Kioxia surges 12% in Tokyo debut after jumbo IPO

Shares in the producer of NAND memory chips extended gains in afternoon trading after initially dropping, valuing the firm at ¥877 billion ($5.7 billion).
Real Madrid players train in Doha on Tuesday. The Spanish club is closely aligned with A22, which launched the Unify League on Tuesday.
SOCCER
Dec 18, 2024

European Super League promoters launch Unify League, call on UEFA to recognize it

It is the latest attempt by A22 to get the competition off the ground after the original European Super League collapsed in 2021.
Rep. Michael Waltz, a Republican from Florida, speaks with former President Donald Trump while attending the Iowa State Fair in Des Moines in August 2023.
WORLD / Politics
Dec 18, 2024

For Waltz, advising isolationist Trump is a Taiwan-sized challenge

Florida congressman Mike Waltz has built his reputation in Washington as a China hawk, working on a House task force to coordinate policy toward Beijing.
The fall of financial assets held by households in Japan reflected a decline in stock prices following the central bank's decision in July to raise interest rates, as well as a weaker yen.
BUSINESS / Economy
Dec 18, 2024

Japan household financial assets post first fall in eight quarters

The fall reflected a decline in stock prices following the central bank's decision in July to raise interest rates, as well as a weaker yen.
Islamic Revolutionary Guard Corps (IRGC) Commander-in-Chief Maj. Gen. Hossein Salami reviews military equipment during an IRGC ground forces military drill in the Aras area, East Azerbaijan province, Iran, on Oct. 17, 2022.
WORLD / Politics
Dec 18, 2024

Iran's Revolutionary Guards extend control of oil exports, sources say

All aspects of the oil business have come under the growing influence of the Guards.
Foreign tourists visit Tsukiji Outer Market in Tokyo in June.
JAPAN
Dec 18, 2024

Japan breaks annual visitor record with 33.4 million in just 11 months

November saw 3.19 million foreign visitors for business and leisure, according to data from the Japan National Tourism Organization.
Australian Prime Minister Anthony Albanese and Papua New Guinea leader James Marape address a news conference in Sydney on Dec. 12.
COMMENTARY / World
Dec 17, 2024

Australia shows how smart diplomacy is done

Recent deals reflect the laser focus the Australian government is devoting to its closest neighbors and a bureaucratic reorganization that translates into action.
Tokyo Comic Con took place at Makuhari Messe in Chiba on Dec. 6, 7 and 8.
CULTURE
Dec 18, 2024

Comic cons are far more than just cosplay

The conventions allow fans of comics to meet their heroes — both actors and authors — with manga and anime playing an increasingly bigger role each year.
An entanglement between club hostess Rie (Sakurako Konishi, left) and TV writer Takuya (Kou Maehara) lies at the center of Takashi Watanabe’s “More Than Words.”
CULTURE / Film
Dec 19, 2024

‘More Than Words’: A morally gray melodrama about sexual assault

Takashi Watanabe’s film concerns the plight of a bumbling TV writer whose entanglement with a club hostess leads to his downfall.
The U.S. Steel Mon Valley Works Edgar Thomson Plant along the Monongahela River in Braddock, Pennsylvania
BUSINESS / Companies
Dec 19, 2024

Despite revamped proposals, Nippon Steel deal on track to be blocked, letter shows

The letter, sent Saturday, sets the stage for U.S. President Joe Biden, who has long opposed the deal, to block it.
A television station broadcasts Jerome Powell, chairman of the U.S. Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) on Wednesday.
BUSINESS / Markets
Dec 19, 2024

U.S. stocks tumble, dollar rallies as Fed signals fewer 2025 rate cuts

After latest interest rate cut, Fed 'significantly closer' to the point where no further cuts needed: Powell
Boxes lie on a conveyor belt during Cyber Monday at Amazon's fulfillment center in Robbinsville, New Jersey, on Dec. 2.
BUSINESS / Companies
Dec 19, 2024

Amazon faces possible U.S. strikes as Christmas looms

The online retail giant has successfully resisted several unionization drives over the years.
Barclays has been a top target for British climate protestors in recent years because of the volume of its lending to the fossil-fuel industry.
BUSINESS / Companies
Dec 19, 2024

Why Barclays is one of the main targets of U.K. climate activists

Barclays has provided more bonds and loans to fossil fuel companies than any European rival over the past three years.
Rivers and canals meander through many of the townships in Ningbo, with some homes built close to the water.
ASIA PACIFIC / Politics
Dec 19, 2024

Can China shield the biggest uninsured economy from floods?

Only about 10% of Chinese families have a home insurance policy, compared to nearly 90% in the U.S.
Bank of Japan Gov. Kazuo Ueda holds a news conference after a BOJ policy meeting in Tokyo on Thursday.
BUSINESS / Economy
Dec 19, 2024

Bank of Japan opts for caution as Trump factor and wage concerns weigh

Ueda said that it might take quite a while to fully assess Japan’s wage-growth trend and the impact of the economic policies of the Trump administration.
A customer leaves a luxury eyewear shop in Hong Kong on Wednesday.
BUSINESS / Tech
Dec 19, 2024

As bitcoin soars, luxury brands consider accepting crypto payments

Luxury labels have long sought to cater to affluent shoppers from the tech industry.
A visitor takes pictures near models of military equipment and a giant screen displaying Chinese leader Xi Jinping, at an exhibition at the Military Museum of the Chinese People's Revolution in Beijing in October 2022.
ASIA PACIFIC
Dec 19, 2024

Graft scandals disrupt China military modernization, Pentagon report says

At least 15 high-ranking Chinese military officers and defense industry executives were removed between July and December 2023, the report says.
While the prospect of Eneos Holdings offloading a majority stake in JX has been mooted for years, it is coming closer to reality amid a hot market for share sales in Tokyo.
BUSINESS / Companies
Dec 19, 2024

Eneos considers IPO of up to 70% of JX Advanced Metals

Japan has seen the highest volume of IPOs this year since 2018.
The average retail gasoline price is expected to rise by over ¥5 per liter as the government has announced that it will reduce subsidies to oil wholesalers.
BUSINESS / Economy
Dec 19, 2024

Gasoline prices rise as Japanese government cuts subsidies

Until now the industry ministry has subsidized 60% of gasoline costs over ¥168 and under ¥185, but from Thursday the subsidy dropped to 30% for prices in that range.
Nippon Steel alleges undue White House influence on doomed deal review
U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington on Dec. 10.
Record 78% of people in Japan feel anxious, government survey finds
The public opinion survey on people's lives, conducted by the Cabinet Office, found that 28.1% of respondents think that their standard of living is at a lower-middle level among the general public — the highest percentage to give that response in 35 years.
Police raided suspect's home to arrest him after fatal Kitakyushu stabbing
Broken window glass is seen at Masanori Hirabaru's house in Kitakyushu's Kokuraminami Ward.
Taiwan lawmakers brawl over bills that would 'damage democracy'
Lawmakers from the Democratic Progressive Party and opposition party Kuomintang brawl in parliament in Taipei on Friday.
Casual workouts, cool living, ‘complete’ food: Japan’s health trends of 2024
In 2024, efficiency trumped effort among Japan's fitness-focused aspirants.
Japanese officials inspect Yokota Air Base over PFAS concerns
The Yokota Air Base in western Tokyo in September 2019. An inspection of the base by Japanese government officials on Friday came amid public pressure to investigate suspected links between the use of PFAS-containing firefighting foam by the U.S. base and contamination of soil and groundwater in western Tokyo.
Crime numbers rise in Japan for second straight year
A police officer stands in front of the residence of a man alleged to have stabbed two junior high school students in Kitakyushu.
A year of Oscar wins and a quiet push for diversity
Ryusuke Hamaguchi’s “Evil Does Not Exist,” released in Japanese theaters in April, sharply dramatizes the clash between rural and urban values. The film won five awards at the 2023 Venice Film Festival, including the second-place Silver Lion prize.
Curiosity didn’t kill the meme: Why cats still rule Japanese YouTube
A screen shot from YouTube user @lagelda shows the simplicity of going viral in Japan in 2024: A cat dancing to EDM in front of a green screen.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Yasuyuki Yoshida stirs a brew in a fermentation tank at his brewery in Hakusan.
The quake that shook Noto's sake brewing tradition
By Alex K.T. Martin

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