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November 21, 2024
 

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ECONOMIC SECURITY

British Prime Minister Keir Starmer meets with Prime Minister Shigeru Ishiba during a bilateral meeting on the sidelines of the G20 summit in Rio de Janeiro on Monday.
JAPAN
Nov 19, 2024
Japan to hold regular economic security talks with U.K. under two-plus-two model
The talks are set to focus on improving growth and advancing bilateral cooperation in trade and economic security.
An automated truck is seen at Anglo American's Quellaveco copper mine in Peru in April.
JAPAN
Nov 9, 2024
Japan and Peru to agree on mineral mining technology tie-up, report says
Resource-poor Japan has been actively reinforcing global supply chains for critical minerals — essential components for decarbonization technology.
In a fresh aid package set to be compiled this month, the Japanese government will show its commitment to large-scale strategic support spanning several years in both areas, bearing in mind Rapidus, which has advanced into the Hokkaido region to mass-produce next-generation chips.
BUSINESS / Tech
Nov 9, 2024
Japan eyes ¥2 trillion for chips and AI in economic package
In the package, to be compiled this month, the government will show its commitment to large-scale support spanning several years in both areas.
The European Commission's executive vice president, Valdis Dombrovskis, and Chinese Vice Premier He Lifeng finish a joint news conference following the 10th China-EU High-Level Economic and Trade Dialogue in Beijing in September 2023.
COMMENTARY / World
Nov 6, 2024
It's not just U.S. trade hawks. Europe fears China, too.
As China’s economic policies take hold, Europe's economic concerns may be just beginning.
Donald Trump and Kamala Harris spar during the presidential debate on Sept. 10. Both are seeking to win over voters in swing states such as those of the Rust Belt, where America's economic security policies are acutely felt.
COMMENTARY / World / Geoeconomic Briefing
Nov 5, 2024
The prospects for economic security under Trump or Harris
Both the Democratic and Republican campaigns need Rust Belt voters on their side, but their strategies to protect American economic interests differ significantly.
Officials gather at the BRICS summit in Russia on Oct. 24. It it estimated that by 2040-2050, the gross domestic product of the Group of Seven countries will be surpassed by that of emerging economies, raising questions as to whether the U.S. is prepared for this shift.
COMMENTARY / World / Geoeconomic Briefing
Nov 1, 2024
The U.S. is unprepared for a multipolar world
There is little acknowledgement in the U.S. that the world it now made up of multiple centers of power, which risks making Washington's foreign policy ineffective.
Flames leap out of an oven where rare-earth-based chemicals are roasted for more than 20 hours, in Changshu, China.
BUSINESS / Tech
Oct 27, 2024
China tightens its hold on minerals needed to make computer chips
The country already produces nearly all the world’s supply of these materials. The new restrictions solidify that market dominance.
Taiwanese President Lai Ching-te
ASIA PACIFIC / Politics
Oct 22, 2024
China tension highlights risk of Taiwan’s nuclear phase-out plan
Public opinion had turned sharply in the wake of the 2011 Fukushima disaster in Japan, prompting the government to halt construction on all projects.
Many of today’s cars — both gas and electric — are equipped with devices connecting them to the internet or cloud services, making them potential targets for hacking.
BUSINESS
Sep 22, 2024
Biden administration to prepare ban on Chinese car software
The U.S. Commerce Department has been meeting with industry experts as it looks to address security concerns raised by a new generation of so-called smart cars.
A man holds a walkie-talkie device after he removed the battery during a funeral for those killed after hundreds of paging devices exploded in a deadly wave across Lebanon the previous day, in Beirut's southern suburbs on Wednesday.
WORLD
Sep 20, 2024
Exploding pagers attack shakes global trust in supply-chain security
While booby-trapped devices have been used in spycraft for years, the scale and violence of the attacks in Lebanon alarmed even some seasoned officials.
A United Steelworkers sign is seen outside the Great Lakes Works U.S. Steel plant in River Rouge, Michigan.
BUSINESS / Companies
Sep 18, 2024
U.S. decision on Nippon Steel bid pushed back until after election
The move offers a ray of hope for the companies, whose proposed deal appeared set to be blocked on national security grounds.
The Mountain Pass mine, operated by MP Materials in California, is the only rare earths mine in the United States.
BUSINESS / Economy
Sep 17, 2024
China’s grip on rare earths undercuts projects from U.S. to Japan
Japan's experience reducing its dependence on China shows that rare earths projects take longer and are more expensive than initially expected.
Ashwini Vaishnav (left), the Indian minister of electronics and information technology, and N. Chandrasekaran, the chairman of Tata Sons, take part in the foundation stone laying ceremony for India's first AI-enabled semiconductor fabrication facilities in Dholera, Gujarat, India, on March 13.
COMMENTARY / World
Sep 9, 2024
Could India become an alternative to China in the ‘chip war’?
As decoupling from China gains traction, the U.S. and its allies are betting on India for supply chain restructuring and semiconductor development.
U.S. agencies and Congress are increasing scrutiny of China's influence and technology transfers at American universities, fearing Beijing exploits open research to bypass export controls and national security laws.
WORLD / Politics
Sep 8, 2024
Georgia Tech to end China partnerships following concerns over military ties
In May, U.S. lawmakers wrote a letter to Georgia Tech asking for details on its research with China's Tianjin University on cutting-edge semiconductor technologies.
Nippon Steel has responded to the U.S. government concerns by saying it will invest billions of dollars to maintain and boost U.S. Steel facilities that otherwise would have been idled, "indisputably" allowing it to "maintain and potentially increase domestic steelmaking capacity in the United States."
BUSINESS / Companies
Sep 6, 2024
U.S. fears Nippon Steel's bid for U.S. Steel could hit vital steel supply
The U.S. government is concerned that U.S. Steel would be less likely to seek tariffs on foreign steel importers if it is under the ownership of the Japanese steelmaker.
Alimentation Couche-Tard’s bid to acquire Japan’s Seven & I Holdings has sparked discussions about Japan’s approach to foreign investment and whether rejecting or accepting the bid reflects an openness to international business.
COMMENTARY / Japan
Sep 4, 2024
7-Eleven deserves more than shareholder supremacy
While Japan should consider investor interests, it should not forsake the broader social and community benefits that its businesses provide.
Seven & I is currently categorized on the Finance Ministry's classification list as a company that conducts "designated," but not "core" businesses.
BUSINESS / Companies
Sep 3, 2024
Japanese companies cannot use national security cover to block takeovers, official says
Japanese companies cannot use a national security designation as a tool to thwart foreign takeovers, a senior Finance Ministry official said.
There is a significant divide between security experts, who emphasize the unquantifiable risks of geopolitical instability, and economists, who focus on the measurable costs of restructuring supply chains.
COMMENTARY / World
Aug 28, 2024
Traditional economics fail the geopolitical test
The seemingly yawning gap between the views of the security specialists and the business and economics types is striking.
The Finance Ministry will apply foreign trade regulations to chipmaking equipment, requiring foreign investors to give prior notice when conducting direct investment in the sector.
BUSINESS
Aug 16, 2024
Japanese government tightens grip on chip supply-chain network
The move comes as Japan tries to revive its own capacity to produce semiconductors as a pillar of its economic security strategy.
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
JAPAN / Politics
Aug 13, 2024
Economic security is about strengthening and sustaining growth, former minister says
The nascent concept goes beyond more regulations and restrictions, says Japan's first economic security minister, Takayuki Kobayashi.
Ishiba delays meeting with Trump, citing legal restrictions
Prime Minister Shigeru Ishiba waves upon arrival for the Asia-Pacific Economic Cooperation forum, in Callao, Peru, on Friday.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
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.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

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

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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