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March 04, 2025
 

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Xiaobaodang Coal Mine, in Shaanxi province, China, in 2023. China, which mines and burns half the world’s coal, is facing swelling inventories of the fuel.
BUSINESS / Markets
Mar 3, 2025

Coal’s four-year lows hide a coming global supply squeeze

Demand for the fuel continues to rise in India and China, outpacing breakneck rates of expansion in solar and wind.
A woman checks her phone at Incheon International Airport in Incheon, South Korea, in 2020. Passengers on South Korean airlines must now keep power banks and e-cigarettes on their person and not in overhead cabin bins.
BUSINESS / Tech
Mar 3, 2025

Seoul's lithium battery rules on planes highlight growing risk for aviation

Passengers on South Korean airlines must now keep power banks and e-cigarettes on their person and not in overhead cabin compartments.
A Russian military vehicle heads toward Hmeimim air base in Latakia, Syria, on Dec. 15.
WORLD / Politics
Mar 3, 2025

Russia gambles to keep military bases in post-Assad Syria

Syria's interim president wants to renegotiate the 49-year lease for one base and an indefinite lease for the other to secure better terms.
The higher cost of food is forcing Japanese consumers to scrimp and bargain hunt as their purchasing power drops.
BUSINESS / Economy
Mar 3, 2025

Japan’s consumers hunt for bargains as food inflation bites

The prices of staples such as rice, eggs and cabbage have all surged in the past 12 months.
Maersk shipping containers are stored aboard the ‘Albert Maersk’ in Navi Mumbai, India, on Feb. 28.
BUSINESS / Markets
Mar 3, 2025

U.S. tariffs, easing of Middle East tensions threaten reversal of shipping boom

Global liner rates fell 5.9% sequentially in the week ended Feb. 27, after earlier breaking below $3,000 per 12-meter container for the first time since early May
A worker assembles electronic car keys at a manufacturing plant in Jalisco State, Mexico, on Feb. 20. The production of key fobs is an example of the benefits of the USMCA free trade agreement, which has simplified manufacturing and supply chains.
BUSINESS / Markets
Mar 3, 2025

The risks of Trump tariffs encapsulated in a car key

Electronic car keys are assembled in Mexico, but can cross borders in North America several times before being finished.
JX Advanced Metals' shares will be offered at ¥810 to ¥820 each after feedback from investors, the firm said in a filing in Tokyo on Monday.
BUSINESS / Companies
Mar 3, 2025

JX Metals cuts price of Japan’s biggest IPO since SoftBank

The shares will be offered at ¥810 to ¥820 each after feedback from investors, JX Metals said in a filing in Tokyo on Monday.
JR East started the services in Minamiboso and Tateyama, cities in Chiba Prefecture, on Monday and will begin them in Senboku, Akita Prefecture, in the second half of this year.
BUSINESS / Companies
Mar 3, 2025

JR East to offer ride-hailing services at limited locations

The firm started the services in the cities of Minamiboso and Tateyama in Chiba Prefecture on Monday, and will begin them in Senboku, Akita Prefecture, later this year.
In recent years, Japanese life insurers have increasingly entered contracts in which assets underwritten by reinsurance companies are invested to obtain higher returns.
BUSINESS
Mar 3, 2025

Japan’s FSA said to examine life insurers’ reinsurance risks

The Financial Services Agency is asking life insurers about the scale of the practice and the type of contracts they have in place.
Kumamon, the official mascot of Kumamoto Prefecture, poses in front of a sign of Japan Advanced Semiconductor Manufacturing, a subsidiary of Taiwan Semiconductor Manufacturing Co., at TSMC's then new factory in Kikuyo, Kumamoto Prefecture, in February 2024.
COMMENTARY / Japan / Geoeconomic Briefing
Mar 3, 2025

In chip renaissance, Japan is learning from past mistakes

In the 1980s, Japan dominated semiconductor production. Fast-forward to today and the country is trying to recapture its past glory, this time with a more outward-looking strategy.
An electronic sign displays the benchmark Nikkei stock average on a street in Tokyo. The stock average has been range-bound between about 38,000 and 40,000 since hitting a new all-time high in July last year.
BUSINESS / Economy / FOCUS
Mar 3, 2025

Japanese stocks stalled at 1989 levels as investors weigh tariffs and rates

The 225-issue Nikkei stock average has been range-bound between about 38,000 and 40,000 since hitting a new all-time high in July 2024.
Seven & I and Nissan deal fallout leaves Japan companies vulnerable
The rapid collapse of the plan to take Seven & I private reflects how personal egos and domestic competitiveness ultimately outweighed the nationalistic desire to fend off Canada’s Alimentation Couche-Tard, whose pursuit of the Japanese retailer emerged last August.
China’s military puts Pacific on notice as U.S. priorities shift
A photo released by the Australia Defense Force showed an Australian Navy ship in the foreground and two Chinese navy ships in the Tasman Sea in February.
Not even Japan is safe from counterfeit luxury goods
While Japan's luxury goods market remains strong, its seconhand resale market is proving just as much a draw for tourists searching for great bargains — as long as they can manage to get their hands on the real deal.
Japan struggles to fend off a world without enough matcha
Once a boon to tea farmers' bottom lines, the global matcha craze is now pushing producers and distributors to their limits with few options to adequately meet demand.
7-Eleven owner to appoint first foreign CEO, report says
Seven & I Holdings CEO Ryuichi Isaka is stepping down from his position, the Nikkei newspaper has reported.
Japan’s climate heroes show potential and limits of local initiatives
Hidetaka Ishii, an official at the Chiba Municipal Government, says close coordination with private-sector operators is key for regional decarbonization efforts.
Aboard Japan’s most luxurious train, the journey is the destination
The luxury Seven Stars in Kyushu train trades the hyper-efficiency of typical rail travel in Japan for a slower, more decadent version.
Taiwan comics on the rise: Local storytellers, global aspirations
Taiwanese comic artist Rishiazao and interpreter Yun-wen Huang greet an attendee at the 2025 Angouleme International Comics Festival in France.
Not even Japan is safe from counterfeit luxury goods
While Japan's luxury goods market remains strong, its seconhand resale market is proving just as much a draw for tourists searching for great bargains — as long as they can manage to get their hands on the real deal.

Podcast

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

Longform

Pedestrians commute through Shibuya Station in central Tokyo, an area that is almost never devoid of people.
As the rest of Japan shrinks, Tokyo grows
By Alex K.T. Martin

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