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November 30, 2024
 

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Digital crime in Sweden has doubled since 2021 and become a growing risk for the Nordic economy.
BUSINESS / Tech
Jun 22, 2024

Ditching paper money makes Sweden a haven for digital criminals

Digital crime in Sweden has doubled since 2021 and become a growing risk for the Nordic economy.
The holding lot of the Shanghai Automotive Industrial Corporation-Volkswagen joint venture in Shanghai in April 2023. As the European Union moves to impose tariffs on Chinese cars, Germany, with an auto industry deeply enmeshed with China, is stuck in the middle.
BUSINESS
Jun 23, 2024

Germany hopes to head off a trade war with China

China’s EV exports threaten European automakers, but companies like Volkswagen have extensive operations in China and fear retaliatory actions by Beijing.
Russian President Vladimir Putin and Vietnam President To Lam during a reception in Hanoi on Thursday
ASIA PACIFIC
Jun 23, 2024

Putin came to Asia to disrupt, and he succeeded

After stops in Pyongyang, North Korea, and Hanoi, Vietnam, last week that were draped in communist red, Putin left behind a redrawn map of risk in Asia.
Burgundy snails at the Mie Escargots Development Laboratory farm in Matsusaka, Mie Prefecture, on May 16
LIFE / Food & Drink
Jun 30, 2024

Japan's escargot entrepreneur achieves the 'impossible'

Toshihide Takase has invested a small fortune and taught himself everything about Burgundy snails.
A sling pistol confiscated by Osaka police
JAPAN / Crime & Legal
Jun 24, 2024

Japanese police and experts seek regulations for sling pistols

Sling pistols are classified as harmful toys under Osaka Prefecture's juvenile protection ordinance, however they are available to purchase freely online.
For Japan, carbon credits are seen as important as the nation waits for its climate technology bets to pay off.
BUSINESS / FOCUS
Jun 24, 2024

Japan makes a late play on under-fire carbon credit trading

The government and Japanese companies see carbon offsets as important as they wait for their climate tech bets to pay off.
The Japanese national flag waves at the Bank of Japan building in Tokyo on March 18.
BUSINESS
Jun 24, 2024

Moody's Japan analyst urges reform while BOJ takes time to raise rates

Christian de Guzman said he did not expect the budget-balancing target for fiscal 2025 to be met, but failure would not trigger a negative rating action.
Fast fashion e-commerce company Shein's logo outside its office in Guangzhou, China, on June 11
BUSINESS / Companies
Jun 25, 2024

What is at stake for China-founded Shein as EU rule looms

Shein has faced more than 90 lawsuits alleging it plagiarized others’ designs or products.
Toyota has been looking to cash in on stakes in affiliates as it steps up development and production of battery-powered vehicles.
BUSINESS
Jun 27, 2024

Toyota and affiliates to offload some $1 billion in Aisin shares

Toyota Motor and two affiliates will divest at least 12.5% of supplier Aisin
Ryosuke Kunisawa hopes his "concept brewpub" serves as a focal point to an image change for the salaryman epicenter that is the Shimbashi neighborhood.
LIFE / Food & Drink
Jun 30, 2024

Craft beer, craftsmanship and a family of reinvention

On the first two floors of his family’s slender eight-story building, Kunisawa launched the Kunisawa Brewing Company, Shimbashi's first beer brewery, in May 2022.
American sprinter Noah Lyles poses with a "Yu-Gi-Oh!" card after winning at the U.S. Olympic track-and-field finals on Sunday. The image went viral, once again showing the popularity of Japanese cultural exports like manga.
COMMENTARY / Japan
Jun 28, 2024

Blackstone sees billions in manga. You should too.

Investment firm Blackstone's move to buy manga platform Mecha Comics, betting on the strength of Japan's soft power, looks further ahead than other players have.
Inside the TikTok office in Singapore in 2023
BUSINESS / Tech
Jul 1, 2024

China’s AI startups head to Singapore in a bid for global growth

Singapore offers many Chinese artificial intelligence startup companies better access to global investors and customers than China does.
Sumitomo Corp. President Shingo Ueno speaks during an interview at the company's head office in Tokyo on Tuesday.
BUSINESS / Companies
Jul 1, 2024

Sumitomo looks to tap U.S. shale boom despite exiting production

The company will seek to boost sales of pipelines used in U.S. shale fields.
A Chinese worker organizes plastic doll heads after painting them at a toy factory in Xietang, Zhejiang Province, China, in 2015.
BUSINESS / Markets
Jul 2, 2024

China’s plastics boom is set to create another trade headache

Parts of the country’s sprawling petrochemicals sector are running at as little as half capacity as producers cut back.
The supply of super-long Japanese debt is projected to total almost ¥30 trillion in the fiscal year that started on April 1.
BUSINESS / Markets
Jul 2, 2024

Big risks hound Japan’s longest bonds despite move to cut supply

Japan's government appears to be striving to calm down a market that’s wracked by rising yields.
The Otemachi One Tower building, which houses the Norinchukin Bank head office, in Tokyo.
BUSINESS / Companies
Jul 2, 2024

Norinchukin is at risk of downgrade by Moody’s on bond losses

The unlisted agricultural bank warned last month that it may incur losses of ¥1.5 trillion ($9.3 billion) this fiscal year.
Masahiko Kato, president and chief executive officer of Mizuho Bank
BUSINESS / Companies
Jul 3, 2024

Mizuho seeks to back more strategic deals by Japan’s mid-caps

Though companies such as automakers grab the attention of global investors, smaller firms dominate in terms of the number of companies in Japan.
The China World Office 2 building, which houses the headquarters of China International Capital Corp. (CICC), in Beijing May 6. One official gauge of foreign direct investment clocked its lowest monthly reading since mid-2018 in May, as investors show caution amid Chinese President Xi Jinping’s conflicting campaigns to bolster national security against foreign threats and further open up the economy.
BUSINESS / Economy
Jul 4, 2024

Xi’s China proves a hard sell at officials’ overseas roadshows

Their pitch to foreign investors is being met with doubt, partly due to the policies of their big boss.
A nursing home in Ishikawa Prefecture. Wage increases in other industries have made the nursing care sector less attractive.
JAPAN / Society
Jul 4, 2024

Over 80 nursing homes in Japan went bankrupt in first half

Rising costs and a severe manpower shortage are the main reasons driving care providers out of business.
Seven-Eleven Japan holds a demonstration of delivering freshly baked pizza in Tokyo on Thursday.
BUSINESS / Companies
Jul 5, 2024

Japan convenience stores boosting quick delivery services

Over 3,000 products such as drinks, snacks and daily goods are currently available for delivery from 7-Eleven.
Power lines in the Yanqing district of Beijing in 2021
BUSINESS / Tech
Jul 5, 2024

China, struggling to exploit an energy storage boom, calls for more

The drive boosts home-grown battery giants but some experts say more must be done to address low utilization and losses for operators.
Prime Minister Fumio Kishida is struggling to stay in office amid low public approval ratings and discontent from within his party. However, it is extremely rare for a sitting LDP president running for reelection to be dethroned.
EDITORIALS
Jul 5, 2024

Kishida fights for his political life

Despite low public approval ratings and discontent in the LDP, all is not lost for Prime Minister Kishida if the summer is kind to him and he plays his cards right.
Japanese workers' base pay increased 2.5% in May from a year ago, the fastest growth since 1993.
BUSINESS / Economy
Jul 8, 2024

Japan base pay jumps most since 1993 in positive signal for BOJ

Base pay increased 2.5% in May from a year ago, the fastest growth since 1993.
The Chinese Communist Party's Central Committee typically meets seven times in its five-year tenure, with the third of these plenums being particularly important as it represents the first chance for the new leadership to properly introduce its broad thinking on economic and political issues.
BUSINESS / Markets
Jul 8, 2024

Why China’s third plenum matters for global investors

The typically once-in-five-years conclave of top officials usually deals with major economic and political policy changes.
How policymakers have responded to past economic crises, such as the 2008-09 financial crisis and the COVID-19 pandemic, will shape their preparedness in dealing with future recessions. 
COMMENTARY / World
Jul 8, 2024

Policy lessons from recent economic crises

Eventually, the world will face another recession. How will policymakers use the lessons learned from the 2008-09 financial crisis and COVID-19 pandemic to respond?
Attendees wave the flags of China and the Hong Kong Special Administrative Region during an event aboard a Star Ferry to celebrate the 27th anniversary of Hong Kong's return to Chinese rule in Hong Kong on July 1.
ASIA PACIFIC / Politics
Jul 9, 2024

As Singapore steps up scrutiny, affluent Chinese return to Hong Kong

Fallout from a blockbuster $2.2 billion money laundering case has put Singapore's family offices and wealthy immigrants under a microscope.
Yumiko Takano, chief executive officer of Oriental Land, speaks during a news conference in Urayasu, Chiba Prefecture, on Tuesday. Oriental Land has secured a deal with Disney Enterprises to launch Disney Cruises in Japan.
BUSINESS / Companies
Jul 10, 2024

Disney to add new ship in Tokyo to expanding cruise business

The new ship will be modeled after the Wish, the largest vessel in Disney's fleet.
The Paris 2024 Olympic Games' opening ceremony, which will be held outside of a stadium for the first time in history, has attracted a lot of interest from Japanese fans.
JAPAN / Society
Jul 10, 2024

Japan fans shun pricey Olympics tickets even as top-tier packages sell out

Travel agencies report a noticeable drop in demand for Paris Olympics tours amid a weakening of the yen and the introduction of a new booking system.
Shoppers pass food stalls at a night market in Taipei.
ASIA PACIFIC
Jul 11, 2024

Taiwan turns to Southeast Asian tourists as Chinese stay away

The trend, if it continues, could reshape a tourism sector long reliant on arrivals from China.
Tokyo police have arrested four people for allegedly luring their targets into multilevel marketing, using dating apps, last year, despite orders for the suspension of network marketing-related business.
JAPAN
Jul 11, 2024

Four arrested in Japan over multilevel marketing using dating apps

The police believe that the four collected a total of some ¥850 million from about 2,000 people in 42 prefectures, including university students.
Japan researchers develop a simple way to spot signs of Alzheimer's disease
In 2022, the number of elderly people with dementia in Japan reached 4.43 million, according to data from the health ministry.
Tokyo police arrest six Chinese nationals over yami baito scheme
Tokyo police have arrested six Chinese nationals on suspicion of unlawful confinement and attempted extortion involving a 23-year-old exchange student who had become involved in a financial dispute over a yami baito, or a “dark” part-time job.
Japan to overhaul tax exemption system for foreign visitors
The Ginza shopping district in Tokyo in August
‘God of management’ comes back to life as an AI model
A statue of Konosuke Matsushita in the grounds of the Konosuke Matsushita Museum in Kadoma, Osaka Prefecture
Two dead after fire at Upper House lawmaker Kuniko Inoguchi’s apartment
A fire broke out on the sixth floor of an apartment building where Upper House lawmaker Kuniko Inoguchi resides on Wednesday in Tokyo's Bunkyo Ward.
Ishiba sticks to the basics in second policy speech
Prime Minister Shigeru Ishiba delivers his policy speech at the Lower House of parliament in Tokyo on Friday.
Hiroshi Kurosaki looks beyond Japan for heart-wrenching drama
Hiroshi Kurosaki’s Netflix series “Beyond Goodbye” centers on a woman (Kasumi Arimura, left) who discovers her dead lover’s heart saved the life of a quiet pianist (Kentaro Sakaguchi).
Japan researchers develop a simple way to spot signs of Alzheimer's disease
In 2022, the number of elderly people with dementia in Japan reached 4.43 million, according to data from the health ministry.
‘What Divides Us’ producer honors grandfather’s Hiroshima reportage
“What Divides Us" producer Cannon Hersey says his grandfather, who wrote about the aftermath of nuclear destruction in Hiroshima, never spoke about what he had seen while working with Japanese minister Kiyoshi Tanimoto to preserve the stories of survivors.
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.

Podcast

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

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
By Greg Dvorak

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