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Goldman Sachs is exiting transaction banking in Japan, less than a year after announcing plans to enter the business
BUSINESS / Companies
Mar 8, 2024

Goldman Sachs exits Japan transaction banking in sudden reversal

The bank will remain focused on growing its transaction banking operations in the U.S., U.K. and European Union, according to a spokesperson for the firm.
During the last round of negotiations between Washington and Seoul, then-U.S. President Donald Trump requested steep increases in South Korea’s share of defense costs.
ASIA PACIFIC / Politics / ANALYSIS
Mar 14, 2024

South Korea, U.S. talk cost-sharing as Seoul girds for Trump 2.0

The agreement on an unusually early start of the defense cost-sharing deals reflects unease over a possible return of Donald Trump to the White House.
Customers make a toast at an eatery in Tokyo. Many view Japan’s economy as being on the rise, and that of regional powerhouse China as declining. But how accurate is this narrative?
COMMENTARY / Japan
Mar 18, 2024

Japan is back, China is over. The trouble with narratives.

The idea that Japan and China's roles have flipped, with the former on the rise and the latter in decline, obfuscates important facts and trends.
Self-Defense Force soldiers search for survivors after a landslide swept through a residential area in Asaminami Ward, in the city of Hiroshima, in August 2014. Despite the nation’s numerous natural disasters, the government needs better contingency planning.
COMMENTARY / Japan
Mar 28, 2024

Is Japan ready for the worst-case scenario?

Is the nation ready for massive disasters? Based on my studies of Japan’s crisis management system, I say “no” and unfortunately not.
Takuya Yokota, the representative of the Association of Families of Victims Kidnapped by North Korea, gives a news conference at the Foreign Correspondents’ Club of Japan in Tokyo on Friday.
JAPAN / Politics
Apr 5, 2024

Relatives of Japanese abducted by North Korea hope Kishida raises issue in U.S.

Takuya Yokota, who represents a group of family members of abductees, said the matter is a human rights and humanitarian issue.
A Paris 2024 Olympic and Paralympic Games' athletics track in two shades of purple is installed next to the Stade de France stadium in Saint-Denis, near Paris, on March 24.
OLYMPICS / Athletics
Apr 8, 2024

Athletics track for Paris Olympics is made in Italy — in purple

The track delivers better performance than the one used at the COVID-delayed Tokyo Olympics, it is claimed.
Badminton star Kento Momota leaves a news conference after announcing his retirement from Japan's national team, in Tokyo on Thursday.
MORE SPORTS / Badminton
Apr 18, 2024

Former No. 1 Kento Momota retires from international badminton at 29

Momota was once badminton's undisputed king, winning 11 titles in 2019 and losing just six of the 73 matches he played that year.
Of 1,729 local municipalities nationwide, 744 have been identified as being at risk of disappearing.
JAPAN / Society
Apr 24, 2024

Over 40% of Japan's municipalities at risk of vanishing, study finds

The Tohoku region takes the top spot in both the number and percentage of municipalities at risk of disappearing due to a sharp population decline.
Foreign Minister Yoko Kamikawa and her Sri Lankan counterpart, Ali Sabry, after a bilateral meeting in Colombo on Saturday.
JAPAN
May 4, 2024

Japan seeks Sri Lanka recovery for regional stability

After talks with her Sri Lankan counterpart, Foreign Minister Yoko Kamikawa said that Colombo should secure agreements with bilateral lenders.
Japan’s custody system may soon change with the introduction of joint custody, though issues like a lack of protection against domestic violence and abuse must also be tackled.
COMMENTARY / Japan
May 10, 2024

Joint custody alone won’t fix Japan’s flawed system

Japan could be on the verge of adopting joint custody. While to some this is a step in the right direction, it may not be enough to protect families.
The plaintiff in an indirect gender discrimination case speaks at a news conference after winning the case in Tokyo on Monday.
JAPAN / Crime & Legal
May 14, 2024

Japan AGC unit loses suit over indirect gender discrimination

A subsidiary of Japanese glass-maker AGC has lost a lawsuit filed by a female clerical worker seeking damages for indirect gender discrimination.
Nomura Holdings aims to almost its double pretax profit by the end of the decade.
BUSINESS / Companies
May 14, 2024

Nomura seeks to double profit by 2030 in latest growth plan

Japan’s biggest brokerage plans to generate pretax income of more than ¥500 billion ($3.2 billion) with a focus on its key wholesale division.
Kimia Alizadeh (left) fled Iran in 2020 and will compete for Bulgaria at the 2024 Paris Olympics.
OLYMPICS
May 17, 2024

Kimia Alizadeh targets Olympic gold with Bulgaria after fleeing Iran

Alizadeh left her country in 2020 and competed for the Refugee Olympic Team at the Tokyo Olympics.
Visitors take pictures in a booth showing photographs before a rally to commemorate the 35th anniversary of Beijing's Tiananmen Square crackdowns, at the Library Square in Taipei on Tuesday.
ASIA PACIFIC / Politics
Jun 4, 2024

35 years on, Tiananmen memory eroded by Chinese censorship and Sino-U.S. rivalry

While commemorations of the crackdown are effectively banned in mainland China and in Hong Kong, events were being held in Taiwan and other locations.
Simone Biles, seen after winning the U.S. championship on Sunday, brought greater awareness to the subject of mental health during the 2020 Tokyo Olympics.
OLYMPICS
Jun 6, 2024

Olympic organizers committed to protecting athletes' mental health in Paris

Research suggests that elite athletes suffer from mental health disorders in around the same proportions as the general population, experts say.
Amateur actor Chihiro Kawano (front) performs in Hikaru Fujii's video art installation "War Is Over" in Saiki, Oita Prefecture.
CULTURE / Art
Jun 7, 2024

War is (not) over: Hikaru Fujii probes historical memory in Kyushu

Viewable at its current location until June 16, “War Is Over” simply would not be the same work in a different location.
Dutch runner Abdi Nageeye (center) wears a continuous glucose monitor on his upper left arm as he competes in the 2022 Rotterdam marathon in Rotterdam, the Netherlands, in April 2022.
OLYMPICS
Jun 11, 2024

Olympic athletes turn to diabetes tech in pursuit of medals

Continuous glucose monitors were developed for use by diabetes patients but their makers also spy opportunities in sports and wellness.
Father's Day is said to have come to Japan around 1950, shortly after the establishment of Mother's Day.
JAPAN / Society / Longform
Jun 15, 2024

The evolving nature of fatherhood in Japan

Meiji Era fathers were stern, those from Showa had to be productive for the nation. Heisei dads were told to get involved at home. What will the "Reiwa Dad" look like?
Zhang Yufei during the Asian Games in Hangzhou, China, in September of last year
OLYMPICS / Swimming
Jun 19, 2024

Eleven swimmers in doping scandal named to Chinese Olympic team

WADA's decision not to punish the swimmers has provoked intense criticism, particularly from the United States.
The Oku knife "hooks or wraps elegantly along the edge of a plate or board," designer Kathleen Reilly says.
LIFE / Style & Design
Jun 22, 2024

A playfully subversive knife from a rising Scottish design star

The Scottish artist fuses East and West in a new knife design crafted in and inspired by Niigata Prefecture’s Tsubame-Sanjo.
The Supreme Court in Tokyo's Chiyoda Ward
JAPAN / Society
Jun 21, 2024

Japan's Supreme Court recognizes transgender woman as parent

It was the first decision by the top court on whether to recognize a parent-child relationship in a case in which a biological father had a child after transitioning.
Samples of newly designed yen banknotes at the National Printing Bureau's Tokyo plant on June 19
BUSINESS / EXPLAINER
Jul 1, 2024

What you need to know about Japan's new banknotes

The last time the country redesigned its banknotes was 20 years ago.
The Tokyo Stock Exchange building in Tokyo
BUSINESS / Companies
Jul 4, 2024

Shareholder revolts in Japan put proxy advisory firms in the hot seat

Two proxy advisory firms are having a moment as thinking around corporate governance in Japan undergoes a gradual shift.
Takeo Suzuki from the Pentax division of Ricoh Imaging demonstrates the Pentax 17 half-frame film camera at the Pentax Club House in Tokyo on June 28.
JAPAN
Jul 25, 2024

New Japan film camera aimed at 'nostalgic' young fans

Japan's major camera brands stopped making analogue models in the 2000s, prompting sellers in big cities to refurbish old models for new analogue enthusiasts.
Japan's Koki Kano (left) in action with Yannick Borel of France in the men's epee individual final on Sunday in Paris
OLYMPICS / Fencing
Jul 29, 2024

Koki Kano: A gymnast-turned-fencer — and now a two-time Olympic gold medalist

Koki Kano, who was training as a gymnast, found inspiration from watching Olympic fencing on TV as a young boy.
Hungary, which has increased its birth rate since 2010, has adopted policies that support those who want or have children, including financial incentives, housing subsidies and better work-life balance.
COMMENTARY / Japan
Jul 31, 2024

Why do young people in Hungary want kids more than in Japan?

Marriage and birth rates are plummeting in Japan, while many young people in Hungary want families thanks to measures that support their choices in life and at work.
Georgia's Lasha Bekauri (top) and Japan's Sanshiro Murao battle in the men's gold medal bout in the under-90 kg judo event at the Paris Olympics on Wednesday.
OLYMPICS / Judo
Aug 1, 2024

Georgian Bekauri retains judo title over Japan's Murao

Bekauri won a controversial bout over Murao in the gold-medal match to secure the victory.
Japan's personal mortgages are set to rise for the first time in a generation following the Bank of Japan's rate hike.
BUSINESS / Economy
Aug 1, 2024

Japan’s ultralow mortgages to see first increase in 17 years

Mitsubishi UFJ Financial Group said it plans to increase the short-term prime rate for the first time in 17 years in September.
People cross a street in Tokyo's Harajuku district on Wednesday. In July, the deviation from the average temperature between 1991 and 2020 — a period when warming was already well underway — was 2.16 degrees Celsius.
JAPAN / Boiling Point
Aug 1, 2024

Japan experienced its hottest July on record

The number of “extremely hot days” — those where the highest temperature hits 35 C and above — was the largest figure for a July.
SoftBank Group CEO Masayoshi Son is preparing a big artificial intelligence bet.
BUSINESS / Companies
Aug 6, 2024

SoftBank to log slim profit ahead of Masayoshi Son’s next AI bet

Emerging from a month of sharp selloffs, the investment firm is expected to report a net income of ¥1 billion for the June quarter.

Longform

Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Japan’s sauna movement: Relax, refresh, repeat