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Transport ministry officials enter a Bigmotor dealership in Sapporo on Friday for an on-site inspection.
BUSINESS / Companies
Jul 28, 2023

Transport ministry conducts on-site probe of Bigmotor amid scandal

The surprise inspection, which covered dealerships in 24 prefectures, came after the ministry interviewed Bigmotor executives including newly appointed President Shinji Izumi on Wednesday.
Marines pitcher Atsuki Taneichi will try to help full the void left behind by Roki Sasaki.
BASEBALL / Japanese Baseball / NPB NOTEBOOK
Jul 28, 2023

Atsuki Taneichi set to step into spotlight in Roki Sasaki's absence

Taneichi is often overlooked because he pitches in the same rotation as Roki Sasaki, but the 24-year-old righty is a solid pitcher in his own right.
Bank of Japan headquarters in Tokyo on Friday. The Japanese yen is on a bumpy path toward strengthening after Friday's central bank policy change, threatening to upend the carry trade, one of this year's most popular strategies, as the currency inevitably becomes more expensive.
BUSINESS / Economy / ANALYSIS
Jul 29, 2023

Bank of Japan's opaque policy shift means stronger and wilder yen

The Japanese yen is on a bumpy path toward strengthening after Friday's central bank policy change, threatening to upend the carry trade.
U.S. Senate Minority Leader Mitch McConnell speaks to reporters following the Senate Republicans weekly policy lunch at the U.S. Capitol in Washington in April.
WORLD / Politics
Jul 29, 2023

After McConnell freezes midsentence, U.S. Senate GOP stands by him

Senate Republicans are standing by their longtime leader, brushing off questions about his health after he froze midsentence at the start of his weekly news conference Wednesday.
Pan Gongsheng
BUSINESS / Economy / FOCUS
Jul 29, 2023

China’s central bank chief is taskmaster Xi couldn’t let retire

Pan Gongsheng is expected to turn around growth slowdown for the world's second largest economy and safeguard the $60 trillion domestic financial system.
New Zealand head coach Ian Foster (left) celebrates with Damian McKenzie (center) and Rieko Ioane after clinching the Rugby Championship with a win over Australia in Melbourne on Saturday.
MORE SPORTS
Jul 30, 2023

Ian Foster: Ominous All Blacks still not the finished product

New Zealand crushed a disjointed Wallabies 38-7 in Melbourne on Saturday in another statement performance.
A firefighter walks among papers and broken glass Sunday outside a damaged office block of the Moscow International Business Center following a reported drone attack.
WORLD
Jul 30, 2023

Three Ukrainian drones downed over Moscow, Russia says

While one of the drones was shot down, two others were "suppressed by electronic warfare" and smashed into an office complex. No one was injured.
Pedestrians passing anti-tank obstacles in Odesa, Ukraine, on Thursday
WORLD
Jul 30, 2023

U.S. pressures Russia war smugglers after army’s run on chips

A chip ban is aimed at curbing Russia’s production of drones and precision missiles that rely on components that are largely manufactured in Taiwan.
As artificial intelligence grows more sophisticated, transparency has taken a back seat and could harm its quality and safety.
COMMENTARY / World
Jul 30, 2023

Secretive chatbot developers are making a big mistake

Before we can ponder existential threats of the new technology, Silicon Valley must be forced to disclose more about how their tools are created.
A promenade along the Sumida River in Tokyo in February 2020. The Tokyo Metropolitan Government has been trialing ferry services to make use of the city's waterways for commuting.
JAPAN
Aug 6, 2023

Tokyo trials ferries to ease congestion on roads and rail

After conducting two pilot programs in recent years, the city's government aims to launch commuter ferry operations in the current fiscal year.
The towers of Canary Wharf, in London, occupied by several major international banks, seen from Greenwich Park in the city
BUSINESS
Jul 31, 2023

Banks voted to limit accounting of capital market emissions

The plan to keep carbon emissions linked to bond and stock sales out of banks' footprints came after wrangling over the issue delayed new standards.
Ukrainian soldiers take up positions on the front line near Bakhmut, in Ukraine's Donetsk region in this still image obtained from video released Wednesday.
WORLD
Jul 31, 2023

Ukraine reports fierce fighting in northeast

Ukrainian President Volodymyr Zelenskyy described Sunday as "a good day, a powerful day" at the front.
Many of the entrepreneurs who’ve become superwealthy are now seeking to manage and transfer riches to their descendants in Asia. That’s resulting in a surge in family office demand.
ASIA PACIFIC
Jul 31, 2023

Asia’s richest families fuel race for lucrative finance jobs

Many of Asia's superwealthy are now seeking help managing their estates just as old-money families in the West have done for decades.
Transport ministry officials leave a Bigmotor dealership in Nagoya on Friday after conducting on-site inspections.
BUSINESS / Companies
Jul 31, 2023

Bigmotor suspected of fabricating insurance contracts

The news came on top of an investigation report that showed employees padded maintenance fee claims to insurance firms by deliberately damaging cars.
The planned 2025 Osaka Expo site
JAPAN / Society
Jul 31, 2023

First foreign pavilion application fails to calm Osaka Expo nerves

Officials worry that unless other countries move to set up their pavilions soon, some who have agreed to build them could reverse course.
The Giants' Naoki Yoshikawa (left) records an out at first base during his team's win over the Dragons at Tokyo Dome on Sunday.
BASEBALL / Japanese Baseball / Sac Bunts
Jul 31, 2023

Naoki Yoshikawa and Makoto Kadowaki play starring roles for Giants in field

The Yomiuri infielders are turning heads with their play.
Chinese drone maker DJI holds a demonstration to display an app that tracks a drone's registration and owner, in Montreal in November 2019.
ASIA PACIFIC
Aug 1, 2023

China curbs exports of drone equipment amid U.S. tech tensions

Beijing said it hopes to safeguard "national security and interests" amid escalating tension with the United States over access to technology.
Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing in May.
WORLD / Science & Health
Aug 1, 2023

Elon Musk’s unmatched power in the stars

The tech billionaire has become the dominant power in satellite internet technology. The ways he is wielding that influence are raising global alarms.
People participate in a tour to climb to the top of a 120-meter Daibutsu statue in Ushiku, Ibaraki Prefecture. The tour is offered as a gift in return for donations under the furusato nōzei (hometown tax donation) system.
JAPAN / Society
Aug 1, 2023

Japan's hometown tax donations set record for third year

The value of donations under the furusato nōzei (hometown tax donation) system rose by about 20% from the previous year to ¥965.4 billion.
Foreign entertainers are now permitted to work in event venues with a capacity of more than 100 people — including standing-only establishments — that sell food and drinks.
JAPAN / Society
Aug 1, 2023

Japan loosens requirements for entertainer visas

Entertainers earning more than ¥500,000 or more per day are now able to stay for up to 30 days, an increase from 15 days.
Facebook owner Meta Platforms has started the process of ending news availability in Canada.
BUSINESS / Tech
Aug 2, 2023

Meta starts blocking news in Canada

Google has said it is considering a similar move amid an ongoing global debate as more governments try to make tech firms pay for news content.
AIRism clothing on display at Uniqlo 5th Avenue in New York on Monday
BUSINESS
Aug 2, 2023

Garment-makers bet on 'cooling' fabrics as temperatures rise

With widespread heat waves, and inflation-weary consumers prioritizing essentials, retailers are pursuing sales by marketing "cooling" garments.
Simon Humphries, head of design at Toyota, speaks during the world premier of the new Land Cruiser in Tokyo on Wednesday.
BUSINESS
Aug 2, 2023

Toyota’s iconic Land Cruiser returns to North America

The world’s biggest carmaker has unveiled three variations of one of its most enduring models, starting at around $50,000.
World Athletics President Sebastian Coe describes the Commonwealth Games as a "vital stepping stone" toward the Olympics.
MORE SPORTS / Athletics
Aug 2, 2023

Sebastian Coe sees future for troubled Commonwealth Games

The multisport event suffered a major setback last month when the Australian state of Victoria pulled out of hosting the 2026 edition.
Hakuoho displayed power, grit and technique on the way to 11 wins in his top-division debut last month at the Nagoya Grand Sumo Tournament.
SUMO / INSIDE SUMO
Aug 2, 2023

Hakuoho hints at what's to come with breakout makuuchi debut

Last month's Nagoya Basho may have just been the coming out party for sumo’s newest superstar.
Migrants at a base near Tripoli hand out food to other migrants after they were detained by the Libyan navy in September 2015.
COMMENTARY / World
Aug 2, 2023

An immigration wake-up call

Well-designed immigration policies in advanced economies could ease inflationary labor-market shortages and preventing humanitarian tragedies.
Storage tanks containing treated radioactive water at Tokyo Electric Power Company Holdings' Fukushima No. 1 nuclear power plant in Futaba, Fukuahima Prefecture, on July 21
BUSINESS / Companies
Aug 2, 2023

Tepco back to profit in first quarter on lower fuel cost

The firm paid ¥50.3 billion in compensation in the first quarter of the 2023 fiscal year, which began in April, it said in a statement.
BTS fans at an event in Seoul on June 17
ENVIRONMENT / Climate change
Aug 3, 2023

K-pop fans fight big coal to protect beach made famous by BTS

Environmental groups are aiming to harness the immense influence that K-pop enthusiasts have to fight climate change.
More than 30 samples of drugs made by Synokem, including generic abortion pills, have failed quality tests conducted by Indian regulators and public health researchers since 2018.
BUSINESS
Aug 3, 2023

Global abortion pill provider buys from maker with poor quality record

More than 30 samples of drugs made by Delhi-based Synokem Pharmaceuticals have failed quality tests conducted by Indian regulators.
The government may sell stakes in some major firms, including NTT, to fund its growing defense spending.
BUSINESS
Aug 3, 2023

Raising the stakes: Japan may sell shares to fund defense spending

Selling government stakes in some of Japan's biggest firms won't be straightforward, given the need for consensus and changes to laws.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?