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The average price for a new condominium in central Tokyo rose 60% to a record ¥129.6 million ($865,000) in the first half of this year.
BUSINESS / Economy
Oct 4, 2023

Surging Tokyo property prices squeeze out young professionals

The average price for a new condominium in central Tokyo rose 60% to a record ¥129.6 million ($865,000) in the first half of this year.
Lin Te-wang, chairman of Taiwan People's Communist Party, in 2022
ASIA PACIFIC / Politics
Oct 5, 2023

Taiwan communist party head indicted on China infiltration charge

Lin Te-wang, chairman of the Taiwan People's Communist Party, has been charged with violating the Anti-infiltration Act.
A woman walks past a market in the southern Lebanese city of Sidon. Lebanon is one of nine Arab nations using an algorithm-powered poverty assessment formula funded by the World Bank that ranks welfare applicants according to dozens of different data points.
WORLD / Society
Oct 5, 2023

In Middle East, poor excluded from welfare by 'faulty' algorithms

Around the world, 40 countries use an algorithm-powered poverty assessment formula funded by the World Bank to rank welfare applicants.
Police officers work to control a crowd gathering to celebrate Halloween in the Shibuya district of Tokyo on Oct. 31, 2022.
JAPAN / Society
Oct 5, 2023

Shibuya mayor vows to keep things civil as Halloween nears

The mayor made headlines last month when he told would-be partiers to stay away from the Tokyo ward this year for the occasion, citing safety concerns.
Giants manager Tatsunori Hara (left) waves to fans following his final game at Tokyo Dome on Wednesday. Shinnosuke Abe (right) will manage the team next season.
BASEBALL / Japanese Baseball / Sac Bunts
Oct 5, 2023

Giants prepare to start new era as manager Tatsunori Hara walks away

Manager Tatsunori Hara's departure closes the book on an eventful chapter in the storied history of the Giants.
The Singapore skyline
BUSINESS / Economy
Oct 6, 2023

The rich are flocking to Singapore as bankers stick with Hong Kong

From Singapore’s earliest years as an independent state, it has aimed to be one of the key locales through which the world’s money flows.
Uniqlo's first Indian store, in New Delhi, in October 2019
BUSINESS / Companies
Oct 6, 2023

Uniqlo owner scouts for more Indian partners after 60% sales jump

The Japanese apparel giant is currently working with over 20 sewing factories and mills in India.
West Kowloon Magistrates’ Courts, in Hong Kong. A man in Hong Kong was sentenced to jail for importing children's books that portrayed the city's democracy supporters as sheep defending their village from wolves.
ASIA PACIFIC / Politics
Oct 6, 2023

Hong Kong man jailed for importing 'seditious' children's books

Beijing has revived a colonial-era sedition offense to jail dozens of residents, which critics have decried as political suppression.
The charges against a former U.S. Army soldier underscore the volume of national security secrets flowing to China, which has made aggressive efforts to recruit spies and steal technology.
WORLD
Oct 7, 2023

Ex-U.S. soldier accused of trying to give classified info to China

The underscore the volume of U.S. security secrets flowing to China, which has made aggressive efforts to recruit spies and steal technology.
U.S. President Joe Biden joins members of the United Auto Workers union as they strike in Belleville, Michigan, on Sept. 26 to demand higher wages.
COMMENTARY / World
Oct 8, 2023

Down on the Biden economy: Why Americans aren't happy

The U.S. economy is doing well. Why, then, are people not satisfied? The answer lies in their pockets.
Since Prime Minister Fumio Kishida launched his administration in 2021, he has vowed to boost spending by trillions of yen to tackle some deep-rooted issues. But how exactly the government will fund such efforts remains unclear.
JAPAN / Politics
Oct 8, 2023

Private group calls for independent body to monitor long-term fiscal policy

The proposal suggests future projections can help citizens think more seriously about how fiscal matters could affect future generations.
A Korean Air passenger jet takes off from Incheon International Airport.
BUSINESS
Oct 9, 2023

South Korean airlines to boost number of flights to Japanese cities

According to an estimate by the Japan National Tourism Organization, 569,100 South Koreans visited Japan in August, up about 20 times from a year before.
The Brave Blossoms leave the pitch after their loss to Argentina at the Rugby World Cup in Nantes, France, on Sunday.
MORE SPORTS / Rugby
Oct 9, 2023

Japan shows heart in bittersweet finale at Rugby World Cup

Japan's hopes at the Rugby World Cup were dashed in a thrilling match against Argentina.
New Giants manager Shinnosuke Abe (right) poses with former manager Tatsunori Hara during a news conference on Friday.
BASEBALL / Japanese Baseball / NPB NOTEBOOK
Oct 9, 2023

Shinnosuke Abe hoping to join special group of Giants managers

Shinnosuke Abe is hopeful of guiding the Giants back to the Central League summit.
Visitors walk along the Marina Barrage water catchment area in Singapore in 2009.
BUSINESS / Markets
Oct 10, 2023

Singapore fighting rising seas to save $50 billion in real estate

During a half-century of independence, Singapore has fought to expand its territory, inch by hard-won inch. On the tip of the Malaysian peninsula, the island city-state piled up sand to expand its coastline and reclaim land from the sea.
Nomura Holdings has hired five traders to beef up its emerging markets trading desk.
BUSINESS / Companies
Oct 10, 2023

Nomura hires traders from rivals for Middle East credit push

The appointments are part of Nomura’s efforts to revive its emerging-market flow-credit desk.
NHK's building in the Shibuya district of Tokyo, where sexual abuse by Johnny Kitagawa reportedly took place
JAPAN
Oct 10, 2023

Johnny’s founder accused of sexually abusing teen in NHK bathroom

The man, who was a high school student at the time, said that he was assaulted in the fall of 2002 when he attended a dance lesson.
Japan had hoped to progress to the knockout phase of the Rugby World Cup on international soil for the first time.
MORE SPORTS / Rugby
Oct 10, 2023

Japanese rugby faces murky future following World Cup exit

The 2019 Rugby World Cup, and all that it promised, feels like a long time ago after the Brave Blossoms' pool-stage exit in France.
Upper House lawmaker Muneo Suzuki speaks to reporters in Tokyo on Thursday.
JAPAN / Politics
Oct 10, 2023

Hokkaido lawmaker leaves Nippon Ishin over visit to Russia

Calls from within the party to punish Suzuki had been growing, especially after he told Russian media he was sure Moscow would win its war with Ukraine.
Minister of Land, Infrastructure, Transport and Tourism Tetsuo Saito
JAPAN / Society
Oct 10, 2023

Japan to add driving to specified foreign worker skills

"We'll make various efforts to ensure that local residents and tourists have access to necessary means of transportation," minister Tetsuo Saito said.
Israeli flags flutter at Ofer Park in Petah Tikva, Israel.
BUSINESS / Tech / FOCUS
Oct 11, 2023

War threatens funding recovery in Israel's vital tech industry

A global slowdown and the Israeli government's divisive judicial reforms had prompted a sharp drop in funding earlier this year.
Caroline Ellison (left), former chief executive officer of Alameda Research LLC, exits court in New York on Tuesday. Her ex-boyfriend and former boss, FTX Co-Founder Sam Bankman-Fried, is charged with seven counts of fraud and money laundering following the collapse of his cryptocurrency empire last year.
BUSINESS / Companies
Oct 11, 2023

Sam Bankman-Fried's ex says he directed her to commit crimes

In her first day of testimony, Caroline Ellison, 28, portrayed Sam Bankman-Fried as the brains behind fraudulent operations at FTX.
European Union flags fly outside the European Commission headquarters in Brussels. European nations have been dealing with a range of geoeconomic changes.
COMMENTARY / World / Geoeconomic Briefing
Oct 12, 2023

European Union being shaken by geoeconomic changes

European countries previously did not see China as a security threat due to their geographical distance. That is starting to change.
A photo taken on Thursday shows details of a contract between the Beijing Yunze Technology Co. Ltd. and a company then part of Yevgeny Prigozhin's commercial empire — for the acquisition of two high resolution observation satellites.
WORLD / Politics
Oct 11, 2023

Chinese firm sold satellites for intelligence to Russia's Wagner

The satellite images were used to assist Wagner's operations in Ukraine, but also in Africa — and even its failed mutiny in June — a contract has shown.
A Molten basketball designed exclusively for the 2023 World Cup finals
BUSINESS
Oct 11, 2023

World Cup feat spurs basketball merchandise sales in Japan

The number of junior and senior high school students taking basketball lesson courses is also experiencing a sharp increase.
Shogi player Sota Fujii holds a card that says "eight titles," in the city of Kyoto on Wednesday.
JAPAN / Society
Oct 12, 2023

Sota Fujii becomes first player to win all eight major shogi titles

The 21-year-old took the Oza crown, having won Game 4 to finish the best-of-five match against 31-year-old Takuya Nagase.
U.S. Commerce Secretary Gina Raimondo gives a news conference at the Boeing aircraft hangar facility in Shanghai on Aug. 30.
COMMENTARY / World
Oct 12, 2023

Foreign businesses face a hostile China

The Chinese government's "zero-COVID" policy and regulatory favoritism toward local companies have created obstacles for foreign businesses.
Ireland's Garry Ringrose scores a try during his team's Pool B match against Scotland at the Rugby World Cup in Saint-Denis, France, on Saturday.
MORE SPORTS / Rugby
Oct 12, 2023

Ireland not weighed down by No. 1 ranking ahead of All Blacks clash

Ireland can match the top-tier record for winning streaks with its 18th straight victory on Saturday.
The number of skiers and snowboarders in Japan has been declining, and is down about 75% in 2020 from its peak in the late 1990s, according to the Japan Productivity Center.
BUSINESS
Oct 17, 2023

Skiing in Japan is getting a $1.4 billion upgrade

Ken Chan, the former Japan head of Singapore sovereign wealth fund GIC, aims to invest $1.4 billion in the resort of Myoko, Niigata Prefecture.
South Korean soldiers stand guard at the Joint Security Area (JSA) in the Demilitarized Zone (DMZ) in the border village of Panmunjom in Paju, South Korea.
WORLD / Politics
Oct 12, 2023

Halting inter-Korean military deal may increase security risks for Seoul

South Korea's new defense minister is calling to suspend parts of a 2018 agreement in order to increase Seoul's surveillance capabilities.

Longform

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