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November 24, 2024
 

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Japan Times
BUSINESS
Jul 27, 2022

Inflation, interest rate hikes and China lockdowns hitting Asia’s growth outlook

The Asian Development Bank's Albert Park details the reasons the organization cut its growth forecast for Asia to 4.6% from an earlier forecast of 5.2%.
Japan Times
ASIA PACIFIC
Jul 27, 2022

Honeymoon over for South Korea's Yoon as police feud adds to woes

Just two months into his term, Yoon was already struggling with surging inflation, rising COVID-19 cases and historically low approval numbers.
Japan Times
COMMENTARY / World
Jul 19, 2022

A visit that could soothe Tokyo’s suspicions of Seoul

The visit to Japan by South Korea's foreign minister, Park Jin, could be the most consequential of the Yoon presidency.
India's Prime Minister Narendra Modi waves to his supporters as he arrives at a rally in Guwahati, India, on Feb. 4.
WORLD / Politics
Feb 12, 2024

Modi flexes global muscle with Abu Dhabi visit and temple opening

While Islam is the UAE’s state religion, Modi’s Bharatiya Janata Party has long had a strained relationship with India’s Muslim population.
The tail of a BYD electric vehicle sports the company’s motto, “build your dreams,” at a dealership in Shenzhen, China, on Jan. 29.
BUSINESS / Companies
Feb 12, 2024

How China built BYD, its Tesla killer

BYD’s sales, over 80% of them in China, passed Tesla in worldwide sales of fully electric cars late last year.
Japan is eyeing a system that would make it easier for rental housing owners to lease their properties to elderly people.
JAPAN / Society
Feb 13, 2024

Certification system eyed for rental housing with elderly watch services

For certified rental housing, watch services would be provided mainly by local social welfare corporations and nonprofit organizations.
Vitol, the world's largest independent oil trader, is considering opening an office in Tokyo to trade electricity, sources said.
BUSINESS / Companies
Feb 16, 2024

Vitol considers entering Japan power market with Tokyo office

Japan's power market is attracting more overseas firms due to increased volatility amid shifts away from fossil fuels
An Ishikawa prefectural official gives information on new places to stay for earthquake evacuees lodging at hotels and inns during a meeting in Kaga, Ishikawa Prefecture, on Feb. 7.
JAPAN
Feb 20, 2024

Departure deadline approaching for Noto quake evacuees in hotels

The extension of the Hokuriku Shinkansen on March 16 is expected to lead to a surge in bookings in hotels that have acted as secondary evacuation sites.
A Rapidus factory construction site in Chitose, Hokkaido, in December
BUSINESS / Tech
Feb 21, 2024

Japan’s chip spree aims to kick economy into high gear

The government’s chip strategy aims to triple domestic chip sales to around ¥15 trillion by 2030.
Gunma Bank's video message in English is geared toward those from overseas who are flocking to Japan to buy up stocks, bonds and real estate as the nation’s assets emerge from decades of slumber.
BUSINESS / Companies
Feb 22, 2024

English video shows Japanese regional banks opening up to overseas investors

Foreigners are flocking to Japan to buy up stocks, bonds and real estate as the nation’s assets emerge from decades of slumber.
People take photos of electronic screens showing the Nikkei average surging to its highest level ever, outside a brokerage in Tokyo on Thursday.
BUSINESS / Markets / ANALYSIS
Feb 22, 2024

Nikkei tops late '80s peak, but is a bubble forming?

Market watchers say gains experienced by Japanese equities are well backed by earnings this time.
A screen in Tokyo shows the level of the 225-issue Nikkei stock average after it posted an all-time closing high on Monday.
BUSINESS / Markets
Feb 26, 2024

Japan’s Nikkei index sets record high for second consecutive day

The Topix was also up 0.49%, closing at 2,673.62.
Gamers of a certain age immediately recoil in pain when the name "Aerith" is mentioned — this is why the character's death still means so much today.
LIFE / Digital
Feb 29, 2024

With one death, Final Fantasy VII changed the game

With one shocking act, Final Fantasy VII rethought the social contract of games where players are largely free from consequences.
The Olympic Village for the Paris Games will also feature large air purifiers outside some of the accommodations.
OLYMPICS
Feb 29, 2024

Organizers deliver Olympic Village on time as confidence grows in Paris

Roughly 40 low-rise tower blocks will house around 14,000 people over the course of the Olympics
Chinese President Xi Jinping has upended Communist Party norms since consolidating power and installing a coterie of loyalists in 2022, marking a shift from the more collective decision-making that helped propel China’s economic rise.
ASIA PACIFIC / Politics
Mar 1, 2024

Xi’s one-man rule over China’s economy is spurring unrest

While the Chinese leader attempts to put the China's economy on a more sustainable footing, he is failing to convince the nation that's a good idea.
Japan's benchmark 225-issue Nikkei average surpassed the 40,000 mark for the first time on Monday.
BUSINESS / Markets
Mar 4, 2024

Japan's Nikkei index surpasses 40,000 points for first time

The Nikkei’s smashing of previous records is credited in part to the weakness of the yen against the dollar.
Chinese Premier Li Qiang speaks during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, in January.
ASIA PACIFIC / Politics
Mar 4, 2024

China scraps premier's briefing, breaking years of convention

The decision removes a rare platform for investors to learn more about the nation’s policy direction under President Xi Jinping.
Broad indications are growing that Chinese President Xi Jinping is shifting away from four decades of market-oriented reforms and financial innovation. The most powerful Chinese leader since Mao Zedong has emphasized the Communist Party’s "centralized and unified leadership” of the sector, and pledged to build "a modern financial system with Chinese characteristics” that’s completely different from the West.
BUSINESS / Companies
Mar 5, 2024

China's bankers exit industry amid crackdown on ‘hedonistic’ lifestyles

Finance workers in China are rethinking their career as Chinese President Xi Jinping signals a shift away from market-oriented reform and innovation.
Under the watch of Chinese President Xi Jinping, China has expanded state control of strategically critical areas from semiconductor manufacturing to quantum computing.
BUSINESS / Tech
Mar 5, 2024

China vows to mobilize nation as it fights U.S. for tech supremacy

The central government will increase spending on scientific and technology research by 10% in 2024.
Chinese President Xi Jinping and Premier Li Qiang chat at the end of the opening session of the National People's Congress at the Great Hall of the People in Beijing on Tuesday.
BUSINESS / Economy
Mar 5, 2024

China sets robust economic growth goal but no big bang stimulus

Premier Li Qiang targets growth of about 5% this year but signals continued reluctance to use deficit spending for economic stimulus.
Tokyo headquarters of the Family Federation for World Peace and Unification, more commonly known as the Unification Church
JAPAN / Crime & Legal
Mar 6, 2024

Japan panel OKs putting Unification Church under increased scrutiny

Once an organization is designated, it will be obliged to notify authorities of any disposal of its real estate assets at least one month in advance.
Investors will be heaping ever more scrutiny on Japanese assets, with negative rates potentially relegated to history.
BUSINESS / Markets
Mar 15, 2024

BlackRock and Man Group reveal big Japan bets before BOJ decision

Snap up more Japanese stocks and keep buying the yen — these are some of the most popular calls from big-name money managers.
Former FTX chief Sam Bankman-Fried leaves Manhattan federal court in New York on Jan. 3.
BUSINESS
Mar 16, 2024

Sam Bankman-Fried should get up to 50 years in prison, U.S. says

A sentence of 40 to 50 years is necessary for the "historic” crime involving more than 1 million victims and losses of over $10 billion, prosecutors say.
Bank of Japan Gov. Kazuo Ueda attends a news conference after a policy meeting at the bank's headquarters in Tokyo on Tuesday.
BUSINESS
Mar 19, 2024

BOJ introduces first rate hike in 17 years following pay gains

The negative rates policy, the last one in the world, had been a symbol of the Bank of Japan's ultraloose monetary stimulus lasting over a decade.
High-end tourism is becoming more about the kinds of experiences that Japan's lesser-known places can provide.
LIFE / Travel / Longform
Mar 25, 2024

Can Japan lure the jet-set class off the beaten path?

High-end travelers are looking for sustainability, wellness and adventure when they head abroad. Japan hopes to deliver in places other than Tokyo.
An electronic stock board in Tokyo on Thursday. Signs that deflation has ended are driving investors to bet ever more on Japan’s economic growth.
BUSINESS / Markets
Mar 23, 2024

Japan’s stock boom gets broader support than just exporters

Signs that deflation has ended are driving investors to bet ever more on Japan’s economic growth.
International bankers in Tokyo say their compensation remain a fraction of pay in other financial hubs despite booming markets in Japan.
BUSINESS / Companies
Mar 26, 2024

Bonuses at Japan's global banks underwhelm despite booming markets

Bonuses at international investment banks fell by about 10% on average in Tokyo for 2023, bankers and recruiters have said.
Jim Rauh, founder of Families Against Fentanyl, holds a photograph of his son Thomas in Akron, Ohio, on March 4. How Trump and Biden address a lethal chapter of the U.S. drug-overdose epidemic will be pivotal in swing states that are likely to decide the election.
WORLD / Politics
Mar 27, 2024

270,000 overdose deaths thrust fentanyl into heart of U.S. presidential race

More than 4 in 10 Americans personally know someone who has died from a drug overdose.
FTX co-founder Sam Bankman-Fried attends his sentencing hearing at Federal Court in New York on Thursday in this courtroom sketch.
BUSINESS
Mar 29, 2024

Sam Bankman-Fried sentenced to 25 years over FTX collapse

While there is no parole in the federal system, Bankman-Fried could be released a few years early for good behavior.
Migrant workers from Tajikistan in an apartment shared by 18 people in Moscow in May 2020. The main suspects in the deadly assault are from Tajikistan. Now many other Tajiks, who fill jobs in Russia’s wartime economy, are being deported and harassed.
WORLD / Politics
Apr 6, 2024

In Moscow attack, a handful of suspects but 1 million Tajiks under suspicion

Many Tajiks who fill jobs in Russia’s wartime economy are being deported and harassed.
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Japan will spend ¥325 million in government funds on Princess Yuriko's funeral
Princess Yuriko waves during the New Year's public greeting at the Imperial Palace in Tokyo in January 2019.
MUFG fires worker over ¥2 billion theft from clients’ safe deposit boxes
Mitsubishi UFJ Financial Group is investigating the incident and consulting with the police.
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

Podcast

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

Longform

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

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