Search - 2022

 
 
SMBC Nikko Securities has set up an alumni organization for former employees to interact and share their experiences.
BUSINESS / Companies / FOCUS
Mar 4, 2024

As more move midcareer, Japan firms tap former hires with alumni networks

As well as seeking business opportunities, companies also recognize the value of rehiring individuals with expertise and skills gained elsewhere.
The Fair Trade Commission will demand Nissan take measures to prevent a recurrence of unfair reductions in payments to subcontracting auto parts makers.
BUSINESS / Companies
Mar 4, 2024

Japan FTC to warn Nissan over payments to parts suppliers

The reductions are estimated to total about ¥3 billion for more than 30 suppliers over the past several years.
The Supreme Court decision on whether Donald Trump should be immune from prosecution for crimes committed while in office will likely come in late June, and his trial will start even later.
COMMENTARY / World
Mar 3, 2024

The Supreme Court isn’t slow-walking Trump’s immunity case

The delay in the trial of former president Trump on his role in the Jan. 6 attack isn't the Supreme Court's fault, but rather the prosecution's.
Nikolai Nozdrev, who arrived in Tokyo on Sunday, succeeds Mikhail Galuzin as Russia's ambassador to Japan.
JAPAN / Politics
Mar 4, 2024

Russia’s new ambassador arrives in Japan after more than yearlong absence

Moscow had left the post unfilled for over a year amid strained ties with Tokyo.
PFAS does not break down easily and remains in the body and the environment for a number of years, and is thus called “forever chemicals.”
JAPAN / Explainer
Mar 4, 2024

Japan’s food safety panel drafts intake limit for 'forever chemicals'

The report spells out the “tolerable daily intake” of PFAS through food for the first time. Here's what you need to know.
John Kerry, the U.S. special envoy on climate issues, gestures as he attends a news conference in Beijing in July 2023.
ENVIRONMENT / Climate change
Mar 4, 2024

John Kerry bolstered U.S. climate reputation, but trust still elusive

Kerry is credited with restoring U.S. climate ties with China and courting private capital for climate action.
Soldiers during a live-fire exercise in Weiden, Germany
WORLD / Politics
Mar 5, 2024

Germany faces pressure to tighten security after Ukraine details exposed

One official described the lapses that led to the leak as expected from people who have never had security briefings but not from military officials.
United Nations High Commissioner for Human Rights Volker Turk said that he recognized China's advances in development and in alleviating poverty, but urged that such policies be accompanied by reforms "to align relevant laws and policies with international human rights standards."
ASIA PACIFIC / Politics
Mar 5, 2024

U.N. says China violating 'fundamental rights' in Xinjiang, Tibet

The U.N. human rights chief also asked Beijing to release rights defenders arrested under the "vague" offense of "picking quarrels and making trouble."
Broad indications are growing that Chinese President Xi Jinping is shifting away from four decades of market-oriented reforms and financial innovation. The most powerful Chinese leader since Mao Zedong has emphasized the Communist Party’s "centralized and unified leadership” of the sector, and pledged to build "a modern financial system with Chinese characteristics” that’s completely different from the West.
BUSINESS / Companies
Mar 5, 2024

China's bankers exit industry amid crackdown on ‘hedonistic’ lifestyles

Finance workers in China are rethinking their career as Chinese President Xi Jinping signals a shift away from market-oriented reform and innovation.
Japan's service sector activity expanded in February, thanks to continued strong demand for inbound tourism.
BUSINESS / Economy
Mar 5, 2024

Japan's service activity grows on firm tourism

Inbound tourism is an important part of Japan's economy, with annual visitor spending exceeding ¥5 trillion for the first time last year.
Chinese President Xi Jinping and Premier Li Qiang chat at the end of the opening session of the National People's Congress at the Great Hall of the People in Beijing on Tuesday.
BUSINESS / Economy
Mar 5, 2024

China sets robust economic growth goal but no big bang stimulus

Premier Li Qiang targets growth of about 5% this year but signals continued reluctance to use deficit spending for economic stimulus.
Justice Minister Ryuji Koizumi said the guidelines were being revised to provide more examples of positive and negative factors for evaluation in deciding whether to grant an individual special permission for residence.
JAPAN / Society
Mar 5, 2024

Japan's Immigration Agency sets new guidelines for visa overstayers

A legislative amendment will outline the new guidelines to improve transparency and allow individuals to directly apply for special permission to stay.
The pandemic forced Rene Redzepi and Noma to adjust their 2023 pop-up from autumn to spring. Later this year, the restaurant will be returning to Kyoto to execute its preferred fall menu.
LIFE / Food & Drink
Mar 6, 2024

Rene Redzepi is bringing Noma back to Kyoto this fall

One of the world's best chefs just can't seem to stay away from Japan's ancient capital.
The Rubymar cargo ship sinking off the coast of Yemen on Feb. 27. The vessel had 21,000 metric tons of ammonium phosphate sulfate fertilizer on board.
ENVIRONMENT
Mar 6, 2024

Yemen faces 'environmental disaster' as sunken ship threatens Red Sea

Leaking fuel and fertilizer from vessel struck by Houthis could harm marine life and impact coastal communities that rely on fishing.
Mitsubishi UFJ Financial Group said it is already managing to enhance its tolerance to an anticipated rise in yen interest rates.
BUSINESS / Markets
Mar 6, 2024

Japan’s biggest bank readies for BOJ shift on rate policy within weeks

Hiroyuki Seki, head of global markets business at Mitsubishi UFJ Financial Group, predicts that the BOJ will raise rates not once but twice by October.
An unmanned robot navigates across a street during a demonstration of Uber Eats' robot delivery service in Tokyo on Tuesday.
BUSINESS / Tech
Mar 6, 2024

Uber Eats Japan begins deliveries with self-driving robots

The company has rolled out the service in Tokyo's Nihonbashi area and plans to introduce it in other places as well.
Bank of Japan Gov. Kazuo Ueda speaks at a forum in Tokyo on Tuesday. Tackling a bloated balance sheet is set to be a challenging hurdle for the central bank.
BUSINESS / Markets
Mar 6, 2024

Normalizing Bank of Japan's balance sheet will take nine years, says ex-official

Failing to issue guidance on the planned normalization could lead to high market volatility in yields, former Executive Director Kenzo Yamamoto warns.
Since September 2022, Patagonia has allocated profits amounting to $71 million to environmental initiatives that include stopping a proposed mine in Alaska and conserving land in South America, as well as helping to elect pro-environment U.S. Democrats.
COMMENTARY / World
Mar 6, 2024

The competitive edge of doing good in business

Are companies that give all profits to charity also doing good for their business? Some examples show they are, and that this model is worth pursuing.
The Agency for Cultural Affairs recently recommended that official romanization rules be switched from the Kunrei to Hepburn system.
COMMENTARY / Japan
Mar 6, 2024

Romanization rules are changing. Why Kunrei won’t be missed.

Japan could soon change its romanization rules, opting for the more common Hepburn system. This would benefit Japanese people as much as foreigners.
Fisherman Masahiro Ishibashi (center) unloads a haul of tiger puffers in Soma, Fukushima Prefecture, in February.
JAPAN / Society
Mar 6, 2024

Fukushima fishers strive to recover catches amid water concerns

The 2022 catch totaled 5,604 metric tons, roughly 20% of the yearly catch before the Great East Japan Earthquake.
Three years ago, Sean Ono Lennon became intrigued by the possibility of expanding the message of “Happy Xmas (War Is Over),” the 1971 protest song by his parents, John Lennon and Yoko Ono, through a narrative film. The resulting work is the 11-minute film “War Is Over! Inspired by the Music of John & Yoko,” directed by Dave Mullins.
CULTURE
Mar 7, 2024

How Sean Ono Lennon helped his parents send a message

To keep their legacy relevant for a new generation, he worked on the short “War Is Over! Inspired by the Music of John & Yoko.” Now it’s up for an Oscar.
A chip taken from a smartphone. The U.S. is urging the Netherlands to stop ASML from servicing and repairing sensitive chipmaking equipment that Chinese clients purchased before limits on sales of those devices were put into place this year.
WORLD / Politics
Mar 7, 2024

U.S. urges allies to squeeze China further on chip technology

Washington's latest push is partly aimed at plugging holes in export controls it has levied over the past two years.
A woman peels sugar cane on a railway track to sell it to sugar cane juice vendors in a slum area in Kolkata.
ASIA PACIFIC / Society
Mar 7, 2024

Climate migrants in India have hysterectomies to keep working: report

The move helps women ensure that periods or pregnancy don't stop them from working.
The Paralympic logo (right) is seen alongside the Olympic rings on the facade of Paris city hall on Jan. 18.
MORE SPORTS
Mar 7, 2024

IPC to bar Russians and Belarusians from Paralympic ceremonies

The Russian and Belarusian NPCs were both suspended following the invasion of Ukraine in February 2022.
Motoki Taniguchi (left) and one of his clients, Maurice Shelton, hope their lawsuit can change alleged police practices involving stop-and-search.
PODCAST / deep dive
Mar 8, 2024

A lawsuit puts alleged racial profiling by police on trial in Japan

Three residents with foreign roots have filed a lawsuit claiming Japanese police target visible minorities. We discuss what they hope to achieve.
Russian Daniil Medvedev will have to compete as a neutral athlete at the 2024 Paris Olympics
TENNIS
Mar 8, 2024

Daniil Medvedev excited for Olympics and will follow rules as neutral athlete

The International Tennis Federation (ITF) said players from the two countries could take part in the Paris Games as neutrals.
Swedish soldiers take part in the changing of the guard ceremony at the Royal Palace in Stockholm on Thursday.
WORLD / Politics
Mar 8, 2024

Sweden’s NATO accession unlocks defense options to fend off Russia

Becoming a full member removes any ambiguity about whether the alliance would defend Sweden in the event of an attack, and vice versa.
Plaintiffs who have filed a lawsuit over Japan's separate surname rule head into the Tokyo District Court on Friday.
JAPAN / Crime & Legal
Mar 8, 2024

Group files lawsuit over Japan law that mandates couples share a surname

Similar lawsuits have been filed before, but public opinion appears to be shifting in favor of allowing couples to have separate surnames.
A worker at Nakamatsu Meat speaks to an Alexa-powered device at its factory in Uruma, Okinawa Prefecture, in November. At the factory, workers give production updates to Alexa, which then converts this into data that is compiled in the company's computer.
BUSINESS / Companies / Regional Voices: Okinawa
Mar 11, 2024

Okinawa meat shop uses tech to improve efficiency and raise wages

Nakamatsu Meat's digitalization enabled it to cut its factory operating time and optimize raw material purchases.
Nissan expects kei EV sales to expand, as kei cars are relatively inexpensive compared to regular cars and their size makes them suitable for short-distance trips.
BUSINESS / Companies
Mar 8, 2024

Nissan may bring ultra-compact EV production in-house from 2028, sources say

The automaker is considering moving production to its factory in Kyushu in the business year starting April 2028.

Longform

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