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February 22, 2025
 

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Director Park Chan-wook (center) and his cast hit commercial gold with “Joint Security Area,” a film about North and South Korean friendship.
CULTURE / Film
Feb 18, 2025

South Korean blockbuster 'Joint Security Area' strikes a chord 25 years on

Park Chan-wook's tale of inter-Korean friendship was a risky undertaking at the time of filming, but it has since become a celebrated cinematic masterpiece.
The Bank of Japan headquarters in Tokyo
BUSINESS / Economy
Feb 18, 2025

Ex-BOJ deputy Nakaso sees BOJ hiking to 1% and perhaps beyond

His remarks come as market participants debate the likely terminal rate of the central bank’s current tightening cycle.
Newly manufactured cars ready for shipping. U.S. President Donald Trump said he is likely to impose new 25% tariffs on imported cars, semiconductors and pharmaceuticals in the coming months.
BUSINESS / Markets
Feb 19, 2025

Trump floats 25% tariffs on U.S. auto, drug and chip imports

The U.S. president has also threatened other streams of tariffs, all part of an effort to reconfigure the country's trading relationships across the globe.
Vehicles bound for shipment at a port in Yokohama. Japan's auto exports to the United States surged 21.8% in January as U.S. President Donald Trump's tariff threats continued to mount.
BUSINESS / Economy
Feb 19, 2025

Japan’s exports rise again ahead of Trump’s tariff measures

Exports measured by value increased 7.2% from a year earlier, led by shipments of cars and ships.
A woman uses her phone next to a logo of the WhatsApp application during Global Fintech Fest in Mumbai, India, on Sept. 20, 2022.
BUSINESS / Tech
Feb 19, 2025

WhatsApp faces tougher EU rules as open channel users top 45 million

The messaging app's open channels are feeds affiliated with news outlets or public figures that under the European Union's Digital Services Act are comparable to social networks.
Chief Cabinet Secretary Yoshimasa Hayashi said on Wednesday that the Japanese government has raised the issue of auto tariffs with the U.S. government, given the importance of Japan’s automobile industry.
BUSINESS / Economy
Feb 19, 2025

Japan raises auto tariff issue with U.S. as Trump threatens hike

The U.S. president's threat to impose a 25% levy on car imports would likely deliver a big blow to Japan’s economy.
Toyota agreed to transfer an existing order with LG Energy Solution to LG's battery plant in Michigan, sources said, after General Motors backed out of the project amid a slowdown in the growth of electric vehicle sales.
BUSINESS / Companies
Feb 19, 2025

Toyota is backing LG battery plant with $1.5 billion order

GM said in December it would sell its $1 billion stake in the Lansing, Michigan, plant, leaving LG scrambling to find new customers.
The Constitutional Democratic Party of Japan wants to use the Bank of Japan’s exchange-traded funds to help cover the cost of making high school education free.
BUSINESS
Feb 19, 2025

CDP eyes BOJ’s exchange-traded funds to pay for free schooling

The Bank of Japan's exchange-traded funds have remained untouched even as Gov. Kazuo Ueda oversaw further rate hikes.
People protest against the decision to virtually shut down the United States Agency for International Development, in Washington on Feb. 5. U.S. President Donald Trump's foreign aid freeze has halted vital projects in the South Pacific, aid workers and analysts say, risking lives and hurting U.S. efforts to woo the region.
BUSINESS
Feb 19, 2025

U.S. aid freeze stops crucial South Pacific projects

For years the U.S. has helped to buy life-saving medicine, combat illegal fishing and better prepare coastal hamlets for earthquakes and typhoons.
U.K. Prime Minister Keir Starmer pledged troops for a Ukraine peacekeeping force, but Britain and its military lack the resources to deliver.
COMMENTARY / World
Feb 19, 2025

Starmer offers Ukraine a defense check it can't cash

Under Starmer’s leadership, there has been no sign that the U.K. is ready to expand its armed forces to the numbers that could sustain such a campaign.
Microsoft's Majorana 1 quantum computing chip
BUSINESS / Tech
Feb 20, 2025

New Microsoft chip signals quantum computers in 'years, not decades'

Quantum computing holds the promise of carrying out calculations that would take today's systems millions of years.
With mergers and acquisitions reaching a record of more than $230 billion last year in Japan, and activists exerting greater influence on corporate Japan, investors from Sparx Asset Management to UBP Investments and Sigmoid Capital are becoming warier of nonearnings factors that may boost shares.
BUSINESS / Economy
Feb 20, 2025

Activist boom in Japan is upending long-short stock strategies

Japan’s percentage of short-selling to total trades is at the lowest since July last year, in terms of the 60-day moving average.
Cabbage prices have risen to 2.6 times their five-year average in Japan.
BUSINESS / Economy
Feb 20, 2025

Japan’s food inflation is becoming harder for BOJ to overlook

The level of fresh food prices has risen 71.9% since 2010, about five times more than that of inflation excluding it.
A compressed natural gas station near Chennai on Wednesday
BUSINESS / Companies
Feb 20, 2025

Osaka Gas plans to boost sales of city gas in India tenfold

India is developing a city gas network to promote the use of natural gas, which is less environmentally damaging than coal and fuel oil.
The Japanese currency climbed as much as 1% to ¥149.95 against the dollar on Thursday, a level it hasn’t touched since Dec. 9.
BUSINESS / Economy
Feb 20, 2025

Yen advances past ¥150 per dollar as BOJ rate-hike bets ramp up

Japan’s currency climbed as much as 1% to ¥149.95 against the dollar, a level it hasn’t touched since Dec. 9.
Prime Minister Shiger Ishiba waits for the Lower House Budget Committee session to begin in Tokyo on Wednesday.
JAPAN / Politics
Feb 20, 2025

Dispute over funds scandal questioning delays budget talks as CDP seeks leverage

Veering off schedule, even for a day, is detrimental to securing passage of the fiscal 2025 budget in the Lower House by March 2 — a priority for the government.
U.S. President Donald Trump and Russian President Vladimir Putin on July 16, 2018
ASIA PACIFIC / Politics
Feb 20, 2025

China risks becoming U.S. military’s top priority if Trump cuts a deal with Putin

U.S. and Russian officials have started talks in Saudi Arabia to negotiate an end to the three-year war, prompting deep concern in Europe and Ukraine itself.
The drop in domestic shipments of paper and paperboard in 2024 came as newspaper publishers ended evening editions and the trend of reducing paper use in offices continued.
BUSINESS
Feb 21, 2025

Japan's domestic paper shipments hit 39-year low in 2024

The drop came as newspaper publishers ended evening editions and the trend of reducing paper use in offices continued.
A customer visits a store along the Togoshi Ginza shopping street in Tokyo on Jan. 23. Rising fresh food prices contributed to the acceleration in overall inflation in January, as vegetable prices, including cabbage, soared.
BUSINESS / Economy
Feb 21, 2025

Japan’s inflation speeds up, keeping BOJ on rate hike path

Overall inflation accelerated to 4% from 3.6%, according to the internal affairs ministry, hitting that mark for the first time in two years.
People shop in a supermarket as inflation affected consumer prices in Manhattan, New York City, in June 2022.
BUSINESS / Economy / ANALYSIS
Feb 21, 2025

'Stagflation' fears haunt U.S. markets despite Trump's pro-growth agenda

The dreaded scenario has crept back as a key risk for investors in recent weeks.
An image of the Asuka III, a new Japanese luxury cruise ship, which will begin service in July
BUSINESS / Companies
Feb 21, 2025

Luxury cruise ship Asuka III to enter into service in July

The Asuka III has 385 cabins across three classes, all equipped with a balcony.
Cat-related sweets sold by 7-Eleven in Tokyo. Employees of 7-Eleven have helped develop 23 types of cat-related products this year, compared with just five last year.
BUSINESS / Economy
Feb 21, 2025

Japan's Cat Day sees companies capitalize on 'a-meow-zing' economic boon

This year, products and services related to cats are estimated to generate ¥414.50 billion more than last year.
Bank of Japan Gov. Kazuo Ueda speaks to reporters on Thursday in Tokyo.
BUSINESS / Markets
Feb 21, 2025

Japan yields fall as Ueda warns BOJ can step in to smooth market

Bond yields fell and the yen weakened following Ueda’s comments.
Yen advances past ¥150 per dollar as BOJ rate-hike bets ramp up
The Japanese currency climbed as much as 1% to ¥149.95 against the dollar on Thursday, a level it hasn’t touched since Dec. 9.
Japan release of Shiori Ito's documentary in limbo
Shiori Ito, who won a civil suit over a rape case against a TV reporter, in 2018. Her former lawyers claim her documentary includes footage used without the consent of sources.
LDP and opposition lock horns over Japan budget
Prime Minister Shigeru Ishiba in parliament on Friday
Japanese panel seeks to tighten screening of new universities
Education minister Toshiko Abe (right) receives a report on higher education from an advisory panel on Friday.
Over 80% of Japanese say death penalty system is 'unavoidable'
Former death row inmate Iwao Hakamata (left) and his sister, Hideko, attend a gathering of his supporters after his acquittal in a retrial over a 1966 murder case was finalized in October last year.
Japan release of Shiori Ito's documentary in limbo
Shiori Ito, who won a civil suit over a rape case against a TV reporter, in 2018. Her former lawyers claim her documentary includes footage used without the consent of sources.
Abdul Hakim Sani Brown ready to sprint past Paris disappointment
Abdul Hakim Sani Brown (center) runs during a 100-meter heat at the Paris Olympics on Aug. 3, 2024.
What is the ceiling for sumo’s newest yokozuna?
Newly promoted grand champion Hoshoryu (center) performs a dedication ceremony at Meiji Shrine in Tokyo on Jan. 31.
‘Yasuko, Songs of Days Past’ puts overlooked star in the spotlight
“Yasuko, Songs of Days Past” centers on a real-life love triangle between poet Chuya Nakahara (Taisei Kido, left), actor Yasuko Hasegawa (Suzu Hirose, center) and literary critic Hideo Kobayashi (Masaki Okada).
Japan’s English-language education doesn’t pass the test
One-third of elementary school students in Japan do not like learning English, according to a 2021 poll, an 8% rise since 2013. The pressure of taking proficiency tests is eroding children's engagement with studying English and its benefits.

Podcast

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

Longform

Tokyo Koon stands at the forefront of tackling the so-called 2025 issue, also known as the “Magnetic Tape Alert.”
The race to save 20th-century history
By Alex K.T. Martin

SUSTAINABLE JAPAN

mission sustainability vol.14 : Unicharm Corp.Unicharm recycles diapers back into diapers
mission sustainability vol.14 : Unicharm Corp.Unicharm recycles diapers back into diapers

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