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Japan Times
BUSINESS
Sep 16, 2019

After deluge of lawsuits, OxyContin maker Purdue Pharma files for bankruptcy protection

OxyContin maker Purdue Pharma LP filed for bankruptcy protection Sunday night, succumbing to pressure from more than 2,600 lawsuits alleging the company helped fuel the deadly U.S. opioid epidemic.
Japan Times
JAPAN / Society
Sep 16, 2019

Japan paternity leave suit spotlights workers' rights

A male employee is suing sportswear maker Asics Corp. for alleged mistreatment after taking paternity leave, a case that has cast a spotlight on gender equality and workers' rights in Japan.
Japan Times
BUSINESS / Economy
Sep 16, 2019

Fed trades 'remarkably positive' for 'no precedents' after volatile year and as slump looms

A year ago, U.S. Federal Reserve Chair Jerome Powell held a "remarkably positive outlook" for an economy enjoying a "historically rare" combination of good news including low unemployment, steady inflation and strong growth that were all expected to continue.
Japan Times
BUSINESS
Sep 16, 2019

Bahamas tourist industry hopes for quick comeback from 'Category Hell' hurricane

As rescuers search for bodies amid mountains of debris and the stench of death on the Bahamas island of Abaco, life on most of the archipelago's 700 isles is little changed.
EDITORIALS
Sep 15, 2019

Nissan's challenges post-Saikawa

Whoever takes over from Saikawa faces the tough challenge of normalizing Nissan's management as quickly as possible to allow the automaker to charter a path for its revival and start pouring its resources into crucial technologies such as autonomous driving.
Japan Times
PRESS / Corporate Trends
Sep 13, 2019

The Japan Times to Participate as a Media Partner at the G1 Global Conference 2019 on Sept. 16

Tokyo, September 13, 2019 - The Japan Times, Ltd. (Chiyoda-ku, Tokyo. Representative: Takeharu Tsutsumi) will participate as a media partner at the G1 Global Conference 2019, to be held on Sept. 16, 2019, in Tokyo.
Japan Times
Sep 13, 2019

The Japan Times to Participate as a Media Partner at the G1 Global Conference 2019 on Sept. 16

Tokyo, September 13, 2019 - The Japan Times, Ltd. (Chiyoda-ku, Tokyo. Representative: Takeharu Tsutsumi) will participate as a media partner at the G1 Global Conference 2019, to be held on Sept. 16, 2019, in Tokyo.
Japan Times
BUSINESS / Companies
Sep 12, 2019

Japan's mobile phone carriers to launch new iPhones on Sept. 20

Japan's three major mobile phone carriers are set to release the latest models of Apple Inc.'s popular iPhone series on Sept. 20.
Japan Times
BUSINESS
Sep 12, 2019

Purdue Pharma reaches tentative opioid settlement in deal worth up to $12 billion, will file for bankruptcy soon: sources

OxyContin maker Purdue Pharma LP reached a tentative agreement with some plaintiffs to resolve widespread litigation over its alleged role in fueling the U.S. opioid crisis and plans to tussle with states opposing its settlement offer in bankruptcy proceedings starting as soon as next week, people familiar...
Japan Times
ASIA PACIFIC
Sep 9, 2019

Hong Kong school students form human chain after weekend of protests

Hundreds of uniformed school students, many wearing masks, formed human chains in districts across Hong Kong on Monday in support of anti-government protesters after another weekend of clashes in the Chinese-ruled city.
Japan Times
WORLD
Sep 9, 2019

IAEA found uranium traces at Iran 'secret atomic warehouse,' diplomats say

Samples taken by the U.N. nuclear watchdog at what Israel's prime minister called a "secret atomic warehouse" in Tehran showed traces of uranium that Iran has yet to explain, two diplomats who follow the agency's inspections work closely say.
Japan Times
BUSINESS
Sep 9, 2019

U.S. will slap sanctions on whoever purchases Iran's oil, official says

The United States will continue to impose sanctions on whoever purchases Iran's oil or conducts business with Iran's Revolutionary Guards and no oil waivers will be reissued, a U.S. official told Reuters on Sunday.
Japan Times
BUSINESS / Tech
Sep 7, 2019

Two groups of U.S. states launch antitrust probes of tech companies like Facebook and Google

Reuters
BUSINESS / Companies
Sep 6, 2019

Nissan overpaid Carlos Ghosn whistleblower Hari Nada along with CEO Hiroto Saikawa

Nissan Motor Co. overpaid other executives in addition to its chief executive officer, according to people with knowledge of the matter, among them Senior Vice President Hari Nada, a key figure in the downfall of former Chairman Carlos Ghosn.
Japan Times
BUSINESS / Markets
Sep 6, 2019

China cuts banks' reserve ratios, frees up $126 billion for loans as economy slows

China's central bank said on Friday it was cutting the amount of cash that banks must hold as reserves for the third time this year, releasing 900 billion yuan ($126.35 billion) in liquidity to shore up the flagging economy.
Japan Times
BUSINESS / Companies
Sep 5, 2019

Apple to open largest Japan outlet in Tokyo's Marunouchi business district

U.S. technology giant Apple Inc. is set to open its largest directly run Japanese outlet in the Marunouchi business district of Tokyo on Saturday.
Japan Times
CULTURE / Film / Wide Angle
Sep 5, 2019

Giving anime strength overseas

The Crunchyroll Expo in California sees Japanese animation enthusiasts gather to meet their heroes and embrace all aspects of anime fandom.
Japan Times
BUSINESS
Sep 5, 2019

Jobs in Japan for South Korean graduates dry up as political and economic rift persists

Song Min-su, a Japanese major in his final year at Hannam University, south of Seoul, has watched in dismay as a dispute between South Korea and Japan over wartime forced labor has spiraled into a damaging political and economic row.
Japan Times
BUSINESS / Companies
Sep 5, 2019

Elite Ushio lights the way to next-gen computer chips in Japan

Chipmakers have spent two decades pouring investment into a revolutionary new technique to push the limits of physics and cram more transistors onto slices of silicon. Now that technology is on the cusp of going mainstream, thanks to a secretive Japanese company that's mastered the skill of manipulating...
Japan Times
COMMENTARY / Japan
Sep 5, 2019

What's behind the food self-sufficiency 'crisis'?

Government policies aimed at keeping food prices high are responsible for the nation's declining food self-sufficiency rate.
Japan Times
BUSINESS / Companies
Sep 4, 2019

Billionaire Uniqlo founder Tadashi Yanai wants a woman to succeed him

Tadashi Yanai, Fast Retailing Co.’s 70-year-old billionaire founder, said he would prefer to be succeeded by a woman, adding it would be better for Asia’s largest retailer.
Japan Times
BUSINESS / Companies
Sep 4, 2019

OxyContin maker Purdue prepares 'free-fall' bankruptcy as settlement talks stall, sources say

OxyContin maker Purdue Pharma LP is preparing to seek bankruptcy protection before the end of the month if it does not reach a settlement with U.S. communities over widespread opioid litigation, three people familiar with the matter said, after some states balked at the company's $10 billion to $12 billion...
Japan Times
COMMENTARY / Japan
Sep 3, 2019

Weathering the storms of judgment

As the competition for the 92nd annual Oscar foreign film shortlist heats up, the rivalry between Japan and South Korea will no doubt intensify in the world of cinema as well.
Japan Times
JAPAN / FOCUS
Sep 2, 2019

Japan plan to buy cutting-edge U.S. tankers and transport planes comes under fire from SDF official

The government is stepping up purchases of state-of-the-art U.S. military planes under Washington's foreign military sales (FMS) program, but its plan has come under fire from some corners — including Self-Defense Force officials.
Japan Times
WORLD / Society
Sep 2, 2019

Trump says background checks would not have prevented recent gun carnage

As the United States grappled with yet another mass shooting event on Sunday, President Donald Trump said that background checks on gun purchasers would not have prevented recent gun violence in the country.
Japan Times
BUSINESS
Sep 1, 2019

Can a tax rebate persuade Japan's mom-and-pop stores to shift to cashless payments?

Despite the government pushing the opportunity to accelerate Japan's shift away from cash, many small-business owners are hesitant to change over to cashless payments.

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