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A downgrade by Fitch Ratings is being viewed as a condemnation of partisan U.S. politics, including the recent debt ceiling standoff and the Jan. 6, 2021, insurrection at the U.S. Capitol.
BUSINESS
Aug 3, 2023

Fitch’s U.S. downgrade stokes the very fight it warned against

Washington’s hostile political factions have quickly taken up the agency's downgrade of U.S. government debt as a new weapon of political combat.
A Ukrainian ship in the Black Sea off the coast of Odesa in March 2022. Ukraine has issued a warning that commercial ships using any of six Russian Black Sea ports would be considered military targets.
WORLD
Aug 6, 2023

Ukraine drone hits second Russian ship in two days

Ukraine has issued a warning that commercial ships using any of six Russian Black Sea ports would be considered military targets.
Superconductors are materials that exhibit no electrical resistance and eliminate magnetic fields. South Korean researchers think they may have created a compound that achieves that at room-temperature.
COMMENTARY / World
Aug 8, 2023

LK-99 and the desperation for scientific discovery

The new room-temperature superconductor LK-99 could change the world. Or not.
Giorgia Meloni, Italy's prime minister, speaks during a joint news conference following her meeting with Olaf Scholz, Germany's chancellor, at the Chigi Palace in Rome on June 8.
BUSINESS
Aug 9, 2023

Meloni’s Italian populism puts investors and China on notice

The prime minister is doubling down on a state-led approach to managing prosperity, unsettling markets and testing relations with China.
Materials derived from cabbage (left), iyokan (center) and onion by Tokyo-based startup Fabula, which is working to develop new materials that can replace concrete.
ENVIRONMENT / Sustainability / OUR PLANET
Aug 27, 2023

Japan’s scrap-and-rebuild culture faces an environmental reckoning

The nation's tendency toward new construction — rather than renovation — is coming under renewed scrutiny amid concerns over sustainability.
The price for regular gasoline is ¥192 per liter at a gas station in the city of Nagano on Monday.
BUSINESS / Economy / ANALYSIS
Sep 1, 2023

Extended gasoline subsidy risks harming Japan's net-zero efforts

The politically tricky decision on ending the program could hamper the shift to EVs and efforts to reach climate change goals.
At Beijing’s Jingshen Seafood Market, sales of Japanese maritime products are now banned — just as they are elsewhere in the country.
EDITORIALS
Sep 1, 2023

China is about to get a lesson in the limits of economic coercion

Most governments in Asia are relying on science to guide their responses to the Fukushima water release.
Barbed wire fences are seen outside a shuttered Great Wall Park compound where Cambodian authorities said they had recovered evidence of human trafficking, kidnapping and torture during raids on suspected cybercrime compounds in the coastal city of Sihanoukville, Cambodia, last September.
ASIA PACIFIC / Crime & Legal
Sep 4, 2023

Hit Chinese movie raises fears of travel in Southeast Asia

Offering a look at the workings of cybercrime in Southeast Asia, “No More Bets” has dampened Chinese travelers' desire to go there.
South Korean President Yoon Suk-yeol (left), Indian Prime Minister Narendra Modi (center), Chinese Premier Li Qiang (back, second right), U.S. Vice President Kamala Harris (front right) and Indonesian President Joko Widodo (back right) arrive for the East Asia Summit as part of Association of Southeast Asian Nations meetings in Jakarta on Thursday.
ASIA PACIFIC / Politics / ANALYSIS
Sep 8, 2023

U.S.-China rivalry dominates ASEAN talks as summits wrap up

The meetings saw the United States, Japan, China and others look to shore up regional partnerships as they vie for influence over the 10-member bloc.
An installation view of "Ruth Asawa Through Line" at the Whitney Museum in New York shows one of her signature suspended sculptures, a study in form, air and shadow.
CULTURE
Sep 21, 2023

Ruth Asawa: Solid form meets thin air

The Japanese American sculptor helped erase boundaries between art, craft and the decorative arts. A New York show explores her luminous connections.
Freshness and seasonality, along with the chef's ability to highlight both, feature heavily in Japanese fine dining.
LIFE / Food & Drink
Sep 24, 2023

Does Japan's fine dining philosophy stand alone?

While Japanese fine dining is not as categorically defined as French gastronomie, a culture of refined dining has long existed in the country.
Prime Minister Fumio Kishida has overseen foreign policy successes during his two years in power, including on the nation's approach to development aid and climate change.
COMMENTARY / Japan
Sep 28, 2023

Kishida's mixed bag of successes and shortcomings

Kishida has also been adept in terms of diplomacy in at least four areas: the war in Ukraine, the Taiwan issue, development aid and South Korea relations.
Los Angeles 2028 organizers have recommended five "new" sports for inclusion in their edition of the Summer Games.
OLYMPICS
Oct 10, 2023

Cricket among proposed new sports for 2028 Los Angeles Games

The choice of the sports still needs approval from the International Olympic Committee.
When COVID-19 first emerged, companies across the health care industry raced to reconfigure themselves. That transformation is now unraveling.
BUSINESS / Companies
Oct 18, 2023

Life after COVID turns rocky for reshaped health care businesses

When the coronavirus first emerged, companies across the health care industry raced to reconfigure themselves. That transformation is now unraveling.
Nippon Life Insurance will focus purchases on 30-year JGBs, with the current yield of above 1.8% "good in terms of absolute level," a representative for the insurer said at a recent briefing.
BUSINESS / Markets
Oct 27, 2023

Japan's life insurers to boost JGB buying but wary of policy shift

Nippon Life, Dai-Ichi Life and Meiji Yasuda Life were among those who said they aimed to buy the longest-dated JGBs amid the highest yields in a decade.
Wei Hsin-hsi and his wife pose for a picture outside their family’s temple that is located inside the proposed expansion area of an industrial park in the Longtan district of Taoyuan, in Taoyuan, Taiwan September 22, 2023. REUTERS/Carlos Garcia Rawlins
ASIA PACIFIC
Nov 8, 2023

Taiwan's land squeeze pits advanced chips against ancestral temples

If TSMC shifts more production outside Taiwan, it could weaken the backbone of Taiwan's economy.
Prime Minister Fumio Kishida and Chinese President Xi Jinping pose for a family photo during an APEC summit in San Francisco on Thursday.
JAPAN / Politics
Nov 17, 2023

Kishida and Xi aim for trade progress despite lingering tensions

Their talks signaled initial momentum toward a cautious detente, although the two countries appeared to prioritize an improvement in economic ties.
At KIPI, a 1.06 gigawatt coal-fired plant will power the $2 billion Adaro Minerals Indonesia aluminum smelter due to begin operating in 2025.
ENVIRONMENT / Climate change
Nov 24, 2023

A coal-powered industrial boom is testing Indonesia’s green goals

The reality to support a low-emission ambition lies years in the future
Toyosu, a reclaimed area and former industrial zone in the Tokyo Bay area, has become popular with a new wave of Chinese immigrants for its breathtaking views of the Tokyo skyline.
JAPAN / Society
Nov 28, 2023

A new wave of Chinese elites is flocking to Japan

Recent newcomers are affluent and financially savvy, and choose Japan after weighing the pros and cons of other potential overseas destinations.
The Amazon.com logo on a laptop. The online retailer has announced the launch of its own AI chatbot, Q.
BUSINESS / Companies
Nov 29, 2023

Pursuing rivals, Amazon announces corporate AI chatbot

Last year's Amazon Web Services trade show was overshadowed by the release of OpenAI’s ChatGPT, which quickly wowed users.
A container ship is seen near the Panama Canal, in Panama City on Saturday.
BUSINESS
Dec 5, 2023

Panama canal jam sends ships sailing continents out of way

The canal is being squeezed shut by drought, and the bottleneck will only worsen in the coming months as Panama enters its annual dry season.
Milei won Argentina’s presidency last month by wielding a roaring chainsaw on the campaign trail to symbolize the slashing he planned for the nation’s government.
WORLD / Politics
Dec 13, 2023

Argentina’s new ‘anarcho-capitalist’ president starts slashing

Javier Milei unveiled deep spending cuts and a sharp devaluation of the peso days after taking office, forewarning the nation of the economic pain ahead.
Sareee holds Konami by the limbs during a Sukeban event in Miami on Dec. 6. A unique form of Japanese wrestling that mixes fashion and theatrics has arrived in the United States.
MORE SPORTS
Dec 14, 2023

Can Sukeban make Japan-style female wrestling fashionable with Americans?

In Japanese women’s wrestling, athletes perform theatrical, hard-hitting punches and clever defenses while telling a story with their moves and costumes.
Japan's core consumer prices rose 2.5% in November from a year earlier, marking the slowest pace of increase in over a year in a sign of easing cost-push pressures in the world's third-largest economy.
BUSINESS / Economy
Dec 22, 2023

Japan’s cooling inflation also offers encouraging signs for BOJ

Consumer prices excluding fresh food items rose 2.5% from a year earlier as falls in energy costs deepened and gains in processed food prices eased.
The prefectural and municipal governments of Osaka hold a meeting in the city on Dec. 14 to discuss offering a ride-hailing service at the 2025 Osaka Expo.
JAPAN
Dec 27, 2023

Local governments in Japan eye independent ride-hailing services

Some local governments are exploring the introduction of their own systems tailored to fit local circumstances, separate from the central government.
The guided-missile destroyer USS Mason steams through the Atlantic Ocean. Tehran's dispatch of a warship to the Red Sea takes the projection of Iranian power in the region to another level but it is unlikely to want direct confrontation — its old frigate is no match for the U.S.-led maritime task force patrolling the waters off Yemen.
WORLD / Politics
Jan 3, 2024

Iran’s Red Sea power play raises fears of trade disruption

Tehran's dispatch of a warship to the region emboldens Yemen's Houthis, who are attacking vessels headed to or owned by firms in Israel.
A China Railway employee works at the construction site for the Xiongan station of a new railway connecting Beijing to the area in Hebei province, China, in March 2019. In his annual new year speech, Chinese President Xi Jinping trumpeted the city’s progress saying it was "growing fast” and helping to revitalize northeastern China.
BUSINESS / Economy / FOCUS
Jan 10, 2024

Xi Jinping’s empty dream city shows limits of his power, even in China

The meticulously planned metropolis' slow start underscores the flaws in the Chinese president's plan to tempt people from the capital.
Fiction such as Asako Yuzuki’s “Butter: A Novel of Food and Murder” and nonfiction like Robert Whiting’s "Gamblers, Fraudsters, Dreamers & Spies: The Outsiders who Shaped Modern Japan” are just a taste of 2024's exciting releases.
CULTURE / Books
Jan 11, 2024

Anticipated translations and books about Japan to brighten your 2024

From debut novels to classic crime thrillers, the year ahead promises a wealth of must-read titles to add to your reading list.
The rupture of one of the world's busiest shipping routes has exposed the vulnerability of China's export-reliant economy to supply snarls and external demand shocks.
BUSINESS / Companies
Jan 22, 2024

Red Sea crisis pressures China's exporters as shipping delays mount

Further Red Sea disruptions would pile pressure on a struggling economy already contending with a property crisis and weak consumer demand.
Workers assemble electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, in September 2021.
BUSINESS / Tech
Jan 28, 2024

Riyadh's multi-billion EV dream risks crashing into reality

Riyadh has spent billions to try to turn itself into a hub for electric vehicles and overcome obstacles including a lack of infrastructure and talent.

Longform

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