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California has ambitious climate policies. But the state should shift more green energy-related costs from electricity bills to taxes to promote fairness and sustainability.
COMMENTARY / World
Sep 9, 2024

California's crushing power bills challenge its climate goals

California is incredible, but making it livable, what with its droughts, floods, fault-lines and wildfires, has never been cheap.
Ashwini Vaishnav (left), the Indian minister of electronics and information technology, and N. Chandrasekaran, the chairman of Tata Sons, take part in the foundation stone laying ceremony for India's first AI-enabled semiconductor fabrication facilities in Dholera, Gujarat, India, on March 13.
COMMENTARY / World
Sep 9, 2024

Could India become an alternative to China in the ‘chip war’?

As decoupling from China gains traction, the U.S. and its allies are betting on India for supply chain restructuring and semiconductor development.
Apple CEO Tim Cook unveils the iPhone 16 at the Steve Jobs Theater on the company's campus in Cupertino, California, on Monday.
BUSINESS / Companies
Sep 10, 2024

iPhone 16 to land in Japan without Apple Intelligence 

The new feature, which uses generative artificial intelligence to analyze text and photos, will only be activated in 2025 in several markets, including Japan.
U.S. Vice President and Democratic presidential candidate Kamala Harris shakes hands with former U.S. President and Republican presidential candidate Donald Trump during a debate at the National Constitution Center in Philadelphia on Tuesday.
WORLD / Politics
Sep 11, 2024

Harris rattles Trump in combative U.S. presidential debate

The Democratic vice president put her Republican rival on the defensive with a stream of attacks on abortion limits, his fitness for office and his myriad legal woes.
Elderly pachinko players at Day Service Las Vegas, a casino-themed day care service in Yokohama, in August
JAPAN / Society
Sep 11, 2024

Pachinko-style gambling is helping seniors’ brains in Japan

Bolstered by evidence that playing the pinball machines can help prevent dementia, some businesses are now tailoring services in a bid to revive growth.
The dollar fell to an eight-month low in Tokyo trading Wednesday morning, after a Bank of Japan policymaker signaled a willingness to raise interest rates further.
BUSINESS / Markets
Sep 11, 2024

Yen leads gains versus dollar as traders weigh BOJ and U.S. debate

The yen has been in a broad appreciation trend since hitting a multi-decade low of ¥161.95 on July 3.
The share of online brokerages in the publicly offered investment trust market rose above 20% for the first time at the end of June as younger investors do deals on their smartphones and laptops.
BUSINESS / Companies
Sep 11, 2024

Online brokers are taking Japan market share from bigger rivals

The popularity of an expanded tax-free investment account program called NISA has encouraged its users to do deals on their smartphones and laptops.
An MUFG Bank branch in Tokyo. The bank is stepping up its electronic trading capabilities.
BUSINESS / Companies
Sep 13, 2024

MUFG pushes to bring its trading into electronic age, except JGBs

MUFG is catching up to rivals, vying to become more competitive across fixed income and equities where electronic trading has taken hold.
Seibu Ikebukuro department store in Tokyo's Toshima Ward in September last year
BUSINESS / Companies
Sep 13, 2024

Seibu Ikebukuro department store to boost upscale brand lineup

The renovated store will feature about 60 cosmetics brands, while enhancing its basement food floor.
North Korean leader Kim Jong Un meets with Russian Security Council Secretary Sergei Shoigu at an undisclosed location in North Korea on Friday.
ASIA PACIFIC
Sep 15, 2024

North Korean weapons sales to Russia called Ukraine’s biggest worry

Once a cargo carrying the weapons docks at a Russian port, military activity typically intensifies within eight to nine days, Ukrainian officials said.
Students sit under a misting system during recess at Hikarigaoka Haru no Kaze Elementary School in Nerima Ward, Tokyo, on Sept. 6.
JAPAN / Society / Boiling Point
Sep 16, 2024

Japan’s schools battle to keep kids cool, with or without AC

With extreme heat affecting both health and study, schools are racing to plug AC gaps while experimenting with creative, cheaper solutions.
Fruits and vegetables sit wrapped in plastic in a supermarket in Tokyo in 2021
ENVIRONMENT / Sustainability
Sep 16, 2024

'Easy, convenient, cheap': How single-use plastic rules the world

Negotiators hope to reach the world's first treaty on plastic pollution this year, but single-use plastic remains hugely popular as a cheap and convenient choice.
The core issue holding back the quicker adoption of electric vehicles is the high cost and complexity of installing DC fast chargers, essential for quick EV refueling.
COMMENTARY / World
Sep 15, 2024

EV charging faces deeper problems than we realize

The core issue holding back the quicker adoption of electric vehicles is the high cost and complexity of installing DC fast chargers, essential for quick EV refueling.
Marc Benioff, chief executive officer of Salesforce, speaks during a press conference at the 2024 Dreamforce conference in San Francisco, California, on Tuesday.
BUSINESS / Tech
Sep 18, 2024

Salesforce’s new AI strategy acknowledges that AI will take jobs

The new strategy by Salesforce addresses the investor fear that job losses from AI could hurt the software-as-a-service business model.
Indian soldiers participate in a mock drill exercise in New Delhi in 2016. The transfer of Indian munitions to support Ukraine's defense against Russia has occurred for more than a year, according to the sources and customs data.
ASIA PACIFIC / Politics
Sep 19, 2024

Ammunition from India enters Ukraine, raising Russian ire

The transfer of munitions to support Ukraine's defense against Russia has occurred for more than a year, according to the sources and the customs data.
Circle K owner Alimentation Couche-Tard’s initial $14.86-a-share proposal, seen as cheap at only 20% above Seven & I’s share price, may fail without a higher bid.
COMMENTARY / Japan
Sep 19, 2024

How 7-Eleven can get a big price from Circle K

Alimentation Couche-Tard’s initial $14.86-a-share proposal, seen as cheap at only 20% above Seven & I’s share price, is unlikely to succeed without a higher bid.
Gwangju Biennale’s artistic director Nicolas Bourriaud developed the theme “Pansori: A Soundscape of the 21st Century” to make the event “an opera you can walk into.”
CULTURE / Art
Sep 21, 2024

Japan’s art world seeks connection at Gwangju Biennale

At the longest-running contemporary art festival in East Asia, the Japan Pavilion's display nods to historical tensions between Japan and Korea.
The rice harvest ramped up this month and will ease a supply squeeze, but farmers and Japan’s main grain distributor have agreed to higher contract prices.
JAPAN
Sep 24, 2024

Rice inflation to persist despite harvest, as prices rise over 20% on year

Tokyo shoppers were paying 23% more than a year ago for 5 kilogram bags of rice last month, while wholesale prices have risen 28% — the biggest hike since 1975.
Subway operator Tokyo Metro said that its initial public offering was aiming to raise around ¥319.6 billion.
BUSINESS / Markets
Sep 24, 2024

Larger IPOs set to test dominance of smaller listings in Japan

New listings look to be gaining momentum as the Nikkei 225 Stock Average has rebounded more than 20% from this year’s intraday low on Aug. 5.
A man carries hilsa fish in a bamboo basket through a wholesale market in the Indian state of West Bengal.
ASIA PACIFIC
Sep 24, 2024

Sales of beloved fish caught in net of fraying India-Bangladesh ties

Major overfishing means stocks fall far short for India, and traders had turned to Bangladesh to fill the shortfall before the export ban.
Satish Sethi
COMMUNITY / The Big Questions
Sep 24, 2024

Emirates works to fly better, cleaner and smarter

Born in New Delhi, he joined Emirates in 2001 where he developed an international career until becoming Emirates’ country manager for Japan in 2021
Residential buildings in the Toyosu area in Tokyo, Japan, on Feb. 11, 2023. If rising rates on real estate investment loans are seen as a burden, people may become more cautious about acquiring properties for leasing, experts warn.
BUSINESS
Sep 25, 2024

Tokyo home prices are seen to largely withstand BOJ rate hikes

The days of making large profits from property in Tokyo may be over
A Ukrainian soldier operates a DJI drone on the front line of the war, in the Donetsk region of eastern Ukraine in March 2023. U.S. authorities consider Chinese drone-maker DJI a security threat.
ASIA PACIFIC / Politics
Sep 25, 2024

Taiwan and U.S. work to counter China’s drone dominance

Discussions in Taiwan, set to finish Wednesday, brought more than two dozen U.S. companies together with Taiwanese firms looking for U.S. knowledge and customers.
U.K. Prime Minister Keir Starmer's special adviser on business, Varun Chandra, used to run Hakluyt, a consultancy that does not disclose its clients.
WORLD / Politics
Sep 27, 2024

Starmer’s ‘business whisperer’ brings connections and complications from past

Varun Chandra‘s previous role in charge of a secretive consultancy introduces a complexity to a government that’s vowed to rebuild trust in public institutions.
Gilles Langourieux, chief executive officer of Virtuos, speaks during an interview in Tokyo on Thursday.
BUSINESS / Companies
Sep 27, 2024

Game developer Virtuos seeks acquisitions and growth in Japan

The Singapore-based company, which has been involved in such major franchises as Call of Duty and Metal Gear Solid, is in active talks with multiple studios in Japan.
An Israeli soldier holds a weapon amid the an ongoing ground operation against the Palestinian Islamist group Hamas in the Gaza Strip on Sept. 13.
WORLD
Sep 28, 2024

Israel likely to have enough weapons for multiple conflicts

Experts believe Israel could outlast adversaries in offensives on at least two fronts simultaneously.
An employee works on the production line of Nio electric vehicles at a JAC-NIO manufacturing plant in Hefei, Anhui province, in China in 2022.
BUSINESS / Economy
Sep 30, 2024

China's factory and service sectors skid as stimulus calls grow

The data showed China's manufacturing industry remains a pain point for policymakers, who acknowledged the economy faces "new problems."
Taiwanese soldiers exit an amphibious assault vehicle to another position during a landing drill as part of the Han Kuang military exercise in Pingtung, Taiwan, in July 2022. Under the 1979 Taiwan Relations Act, the U.S. is bound by law to sell arms to Taiwan for its self-defense.
ASIA PACIFIC / Politics
Sep 30, 2024

U.S. announces $567 million military aid package for Taiwan

The order means the U.S. will directly ship its own weapon stocks to Taiwan, a move it has employed often to support Ukraine’s war effort.
At least four Japanese firms removed Nomura Holdings as bond manager after market rule violations were found.
BUSINESS / Companies
Sep 30, 2024

Nomura excluded from several yen bond deals on rule breach

The securities watchdog said it had investigated Nomura for suspected market manipulation in government bond futures and found violations.
GU's first overseas flagship store opens in SoHo, New York.
LIFE / Style & Design
Sep 30, 2024

How to own something by the punk poet designer Jun Takahashi

GU, Uniqlo’s trendier sibling, is opening its first store outside Asia in SoHo, collaborating with the subversively witty Jun Takahashi of Undercover.

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