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November 30, 2024
 

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Kazuo Ueda, governor of the Bank of Japan, speaks during a news conference at the central bank's headquarters in Tokyo on Friday.
BUSINESS / Economy
Jul 28, 2023

BOJ to allow ‘greater flexibility’ with yield curve control policy

The bank also raised its inflation forecast in the quarterly outlook, projecting that consumer prices for fiscal 2023 will be 2.5%.
Like other martial arts, aikido takes the concept of 気 (ki, spirit/mind) and incorporates it into the philosophy of the sport.  
LIFE / Language / BILINGUAL
Jul 28, 2023

Physically, spiritually and linguistically speaking, 'ki' is all around us

Often used to mean energy or spirit, the Japanese word "ki" can be seen in many different types of idioms and phrases.
Monex Group was sued on Thursday in what is believed to be the first lawsuit questioning the responsibility of a Japanese securities company over Credit Suisse AT1 bond losses.
BUSINESS / Companies
Jul 28, 2023

Japan’s Monex sued by client for Credit Suisse bond loss

The move marks a rare case of a financial institution being accused of responsibility for investor losses triggered by Switzerland’s move to wipe out the bonds.
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.
In the international market, a larger number of airlines went bankrupt compared to domestic fliers due to the pandemic, with low-cost, long-haul carriers getting hit particularly hard.
COMMENTARY / World
Jul 28, 2023

Post-pandemic travel boom is running out of steam

Fare promotions and other signs of weakening domestic demand show business is leveling out for airlines after post-COVID-19 boom.
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.
Olga Kharlan (left) and Anna Smirnova compete during the Fencing World Championships in Milan on Thursday.
MORE SPORTS
Jul 28, 2023

Ukrainian fencer disqualified for refusing to shake hands with Russian

Olga Kharlan, a four-time Olympic medalist and world champion, won the individual sabre bout 15-7 and then refused to shake hands with her opponent.
The Bank of Japan headquarters in Tokyo on Friday
BUSINESS / Markets
Jul 28, 2023

Hawkish tone in Japan is all it takes to rattle global markets

Pain is spreading across a number asset classes as traders come to grips with the fact the last major central bank to resist restrictive policy appears to be caving in.
Yevgeny Prigozhin
WORLD
Jul 29, 2023

Wagner chief’s exile is anything but as he visits St. Petersburg

As Vladimir Putin was welcoming African heads of state to a summit in St. Petersburg, renegade warlord Yevgeny Prigozhin stole the limelight in the president’s home city.
U.S. President Joe Biden, Prime Minister Kishida Fumio and South Korean leader Yoon Suk-yeol greet each other ahead of a trilateral meeting during the Group of Seven summit in Hiroshima on May 21.
JAPAN / Politics
Jul 29, 2023

U.S. announces trilateral summit with Japan and South Korea

The leaders of the three countries will use the summit at the Camp David presidential retreat to expand trilateral cooperation “across the Indo-Pacific and beyond.”
Foreign Minister Yoshimasa Hayashi and his Sri Lanka counterpart, Ali Sabry, during a joint news conference in Colombo on Saturday
BUSINESS
Jul 29, 2023

Crisis-hit Sri Lanka invites Japan to resume investment

The South Asian island nation is working to restructure its massive debt to continue a $2.9 billion bailout from the International Monetary Fund.
France's Eugenie Le Sommer (second from right) celebrates scoring the team's first goal against Brazil during their 2023 FIFA Women's World Cup group-stage game in Brisbane, Australia, on Saturday.
SOCCER / Women's World cup
Jul 30, 2023

France leaves it late to reboot WWC hopes as Jamaica make history

France captain Wendie Renard headed in the winner seven minutes from time to earn a vital three points and leave Brazil's World Cup in peril.
Cranes in the port of Odesa, which has been regularly targeted since Russia terminated a deal allowing grain exports from Ukraine through the Black Sea, on Thursday
WORLD
Jul 30, 2023

Russia hits another grain terminal in campaign against Ukraine ports

President Volodymyr Zelenskyy of Ukraine has vowed to enhance air defenses around the port and the coast, but Kyiv’s resources are stretched thin.
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.
Officials closed the gates of the Forbidden City due to heavy rain in Beijing on Sunday.
WORLD
Jul 30, 2023

China upgrades flood alert for Beijing, other northern areas

China’s central government warned areas around Beijing and the north to be prepared to deal with floods brought on by remnants of Typhoon Doksuri.
Demonstrators gather in the capita Niamey, Niger, on Sunday. Signs read "long live CNSP," "down with France, ECOWAS."
WORLD
Jul 31, 2023

West Africa threatens force against Niger coup leaders

The response came as crowds in Niger's capital Niamey burned French flags and stoned the former colonial power's mission, drawing tear gas from police.
The batsman’s place can be a lonely one — in the center of the field, surrounded by the opposition — but you can always look back to your pavilion for support.
COMMUNITY / Our Lives / Longform
Jul 31, 2023

Sweat, stumps and solidarity on the cricket pitch

It's a hot day and the Yokohama Alpha Quashers are about to take on the Chiba Sharks, fighting for a chance to move higher in the Japan Cricket League.
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.
Wall Street in New York. While survey participants are likely riding the AI-fueled market melt-up thanks to their broad equity exposure, they aren’t going all-in on the technology just yet.
BUSINESS / Tech
Jul 31, 2023

Investors are happy to pay premium for tech, but not for AI

Even as AI floods the workplace, many still doubt that it will dramatically affect their job within the next three years.
U.S. Defense Secretary Lloyd Austin stands for the U.S. national anthem before a meeting with his Australian counterpart ahead of the Australia-U.S. Ministerial Consultations in Brisbane on Friday.
ASIA PACIFIC / Politics
Jul 31, 2023

U.S. defense tieup efforts pay dividends with Australia deals

The agreements will mean not only more U.S. troops in Australia, but also the integration of Japan into more military initiatives between the two.
Pedestrians outside a Seibu department store in Tokyo's Ikebukuro district in April
BUSINESS / Companies
Jul 31, 2023

Seven & I struggles to sell slumping Sogo & Seibu department stores

The holdup is centered around the flagship Seibu department store in Tokyo's Ikebukuro district, with the local government expressing rare opposition.
Former sumo wrestler Daisuke Yanagihara discusses his lawsuit against the Japan Sumo Association during a news conference at the Foreign Correspondents' Club of Japan on Monday.
SUMO
Aug 1, 2023

Former wrestler sues sumo association for alleged mistreatment

The former fourth-division rikishi said he was told to fight or quit as coronavirus cases rose in Tokyo ahead of the 2021 New Year Basho.
The emergency vacuum building sits south of the reactor site at the Darlington Nuclear generating station in Bowmanville, Ontario, Canada, in April 2016.
WORLD
Aug 1, 2023

Canada turns to nuclear after 30-year pause amid demand surge

There are plans to make a plant the world’s largest and a pledge to add three small modular reactors to a site where another is already being built.
The headquarters of Bank of Japan in Tokyo. The central bank has sharply raised its inflation forecast for this fiscal year and sees risks on the upside for this year and next.
BUSINESS
Aug 1, 2023

No further BOJ policy shifts expected in 2023 after surprise tweak

A survey last week found 26% of 41 economists see next April as the most likely time for further adjustments.
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.
Emergency personnel work outside a damaged office block of the Moskva Citi business complex following a reported drone attack in Moscow on Tuesday.
WORLD
Aug 1, 2023

Drones target Moscow as high-rise building hit

Russia said its anti-aircraft units had downed drones targeting Moscow, but one drone struck the same high-rise tower hit earlier in the week.
Tokyo Gov. Yuriko Koike is highly likely to run for a third term in the capital's gubernatorial election in summer 2024, according to sources familiar with the matter.
JAPAN / Politics
Aug 1, 2023

Tokyo's Gov. Koike expected to run for third term in 2024 race

Koike was first elected governor of the capital in 2016, and won a landslide victory in 2020.
Then-Chinese Foreign Minister Qin Gang attends a news conference in Beijing on May 23.
ASIA PACIFIC / Politics / ANALYSIS
Aug 1, 2023

China's ex-foreign minister is gone but wait for explanation goes on

A Foreign Ministry spokeswoman on Thursday said Beijing will release information in a timely matter regarding Qin Gang and opposes "malicious hype."
Chinese leader Xi Jinping takes part in a military review in China's Inner Mongolia Autonomous Region to commemorate the 90th anniversary of the founding of the Chinese People's Liberation Army in July 2017.
ASIA PACIFIC
Aug 1, 2023

China's Xi calls for combat readiness as PLA marks anniversary

Some say the moves reflect China's perception of increased external threats from the U.S. and its allies, and that Beijing is sending political messages.
A health ministry panel has approved the messenger RNA vaccine Daichirona.
JAPAN / Science & Health
Aug 1, 2023

Japan panel endorses first domestically developed COVID vaccine

The shot is based on the original strain of the coronavirus, making it unlikely that it will be used in Japan or elsewhere.
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.
Japan to overhaul tax exemption system for foreign visitors
The Ginza shopping district in Tokyo in August
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.
Real-life ‘Tokyo Swindlers’ ordered to pay ¥1 billion in damages
High-rise buildings in Tokyo. Through faking documents and passports a criminal group conspired to pose as the owner of a real-estate plot and buildings in Tokyo's Shinagawa Ward in 2017, defrauding Sekisui House of ¥5.5 billion.
Real estate worth ¥25 trillion puts Japan companies in spotlight
Elliott Investment Management's stake in Tokyo Gas is centered around getting the utility to sell off its real estate holdings, including Shinjuku Park Tower, which houses the Park Hyatt Hotel Tokyo.
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.
DPP’s Tamaki leverages new position with energy proposal
DPP leader Yuichiro Tamaki in Tokyo on Tuesday

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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Azabudai Hills, Tokyo’s green new downtown ‘village’
Azabudai Hills, Tokyo’s green new downtown ‘village’

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