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November 23, 2024
 

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JAPANESE

The world-beating record rally in Japanese shares this year has stalled, with a 12% plunge in both the Topix and Nikkei 225 gauges on Aug. 5 underscoring the risks of putting money into already high-flying equities.
BUSINESS / Markets
Sep 19, 2024
Japanese share sales reach 20-year high despite market rout
The share surge was driven in part by policymakers pushing companies to boost returns for their shareholders.
Visitors take pictures of Tokyo's National Stadium before the closing ceremony of the Tokyo Olympic Games on Aug. 8, 2021.
JAPAN / Crime & Legal
Sep 19, 2024
¥300 million fine sought for Dentsu over Olympics bid rigging
The Tokyo District Court is slated to issue a ruling on Jan. 30 next year.
Japan's export growth slowed sharply in August as shipments to the United States dropped for the first time in three years.
BUSINESS / Economy
Sep 18, 2024
Japan’s export growth slows as external demand moderates
Imports climbed 2.3%, falling short of the 15% gain forecast by economists, with trade deficit widening to ¥695.3 billion.
An Apple store in Tokyo's Omotesando district
JAPAN / Crime & Legal
Sep 18, 2024
Seven quasi-gang members arrested for obstructing Apple store in Tokyo
They are believed to have been seeking to purchase many iPhone 15 handsets at the store in the Japanese capital's Shibuya Ward for resale.
Tokyo's Ginza area marked the highest commercial land prices this year for the 19th consecutive year.
BUSINESS / Economy
Sep 17, 2024
Japanese average land price rises for third consecutive year
Overall land prices showed the first increase in 32 years in locations outside the three metropolitan areas of Tokyo, Nagoya and Osaka.
The Bank of Japan is holding its policy board meeting this week.
BUSINESS / Economy
Sep 17, 2024
Japan set to hold rates steady as yen rallies and LDP candidates stump
A rate hike by the Bank of Japan right after an expected cut by the Federal Reserve would cause more turbulence, UBS Securities' chief Japan economist says.
Japan's new speed limit on narrow roads in residential areas will be set at 30 kph in September 2026.
JAPAN / FOCUS
Sep 17, 2024
Raising awareness key to Japan's new residential road speed limit
Violations of the speed limits will be punished by up to six months' imprisonment or a fine not exceeding ¥100,000.
Yamaha Motor said it would not comment on an alleged knife attack on its president as it is a private matter and the investigation is ongoing.
JAPAN / Crime & Legal
Sep 17, 2024
Yamaha Motor president slashed with knife by daughter
Police arrested the daughter after she allegedly attempted to kill her 61-year-old father by cutting him on the left arm with a kitchen knife.
Then yen strengthened on Monday beyond ¥140 per dollar ahead of a Federal Reserve policy meeting this week that is widely expected to see officials cut interest rates.
BUSINESS / Markets
Sep 16, 2024
Yen strengthens beyond ¥140 per dollar for first time since 2023
The currency appreciated as much as 0.6% versus the dollar to ¥139.96 on Monday, its strongest level since July last year.
American Kara Harris is on the verge of attaining a high-level certification in the world of kimono — and may possibly be the first Black woman to do so.
COMMUNITY / Our Lives / Black Eye
Sep 16, 2024
‘The people I’d seen in kimono didn’t have as much melanin as I do’
A student of Kara Harris says the kimono instructor knows how to expertly fit the traditional garment to bodies with more curves than the stereotypical Japanese frame.
Hokkaido's cuisine and the culture that underpins it get top billing in Tim Anderson's newest cookbook.
LIFE / Food & Drink
Sep 15, 2024
‘MasterChef U.K.’ winner’s new cookbook puts Hokkaido cuisine on vivid display
Tim Anderson's cookbook covers a lot, but its strength is in presenting Japan’s largest prefecture as a detailed tapestry via straightforward recipes.
There are at least 17 murder retrials in which guilty sentences have been overturned in Japan since the end of World War II, and public prosecutors had appealed court decisions to hold retrials in 12 of the cases, resulting in delays in the completion of the retrials, according to sources.
JAPAN / Crime & Legal
Sep 14, 2024
70% of murder retrials with acquittals delayed by prosecutors
Retrial decisions where prosecutors didn't appeal to the top court took a short amount of time to finalize.
A model displays a creation by Japanese designer Norio Surikabe during a runway show on Sept. 6 for the latest edition of Rakuten Fashion Week Tokyo.
LIFE / Style & Design
Sep 14, 2024
Tokyo’s top fashion showcase pushes rising stars to the world stage
Rakuten Fashion Week Tokyo celebrated industry veterans while shining a spotlight on emerging talent.
Ayuko Kato (center), state minister in charge of building an inclusive society, and government officials bow their heads in apology to victims of forced sterilization, at a meeting to sign a compensation agreement in Tokyo on Friday.
JAPAN / Society
Sep 13, 2024
Forced sterilization victims to receive ¥15 million in compensation
The agreement covers those involved in 13 ongoing lawsuits at courts across Japan.
Aeon is selling an assortment of 'osechi' (traditional New Year's cuisine) curated with the support of artificial intelligence.
LIFE / Food & Drink
Sep 13, 2024
AI fried chicken, retro chic collabs: Retailers rebrand Japan's New Year's cuisine
Major department stores and supermarkets are trying unorthodox methods to entice younger generations to buy traditional New Year's dishes in Japan.
The Bank of Japan headquarters in Tokyo. Some 53% of economists surveyed by Bloomberg said the earliest timing for a rate change would be in October.
BUSINESS / Economy
Sep 13, 2024
Over half of BOJ watchers see next rate hike coming in December
The survey results show most analysts believe the market ructions after the July 31 rate hike didn't derail the BOJ from the normalization path.
Looming interest-rate cuts by the Federal Reserve and a new hawkishness on the part of the Bank of Japan can make a claim for the yens recent movements.
COMMENTARY / Japan
Sep 13, 2024
Epic yen rally is a lesson in the lost art of FX intervention
Japan's own proactive currency interventions have played a crucial role in the yen's recent recovery.
The Osaka Prefectural Police recently arrested three people who allegedly had some ¥4.9 billion in total paid into their bank accounts from about 10,000 people who took part in overseas online gambling.
JAPAN
Sep 12, 2024
Three arrested over alleged laundering of online casino money
The suspects allegedly had some ¥4.9 billion in total paid into their bank accounts from about 10,000 people who took part in overseas online gambling.
Starting next March, the My Number card can be used as a driver's license.
JAPAN
Sep 12, 2024
Use of My Number card as driver's license to start March 24
The My Number card will function as a driver's license, with its embedded integrated circuit chip to contain new information such as license type.
Pedestrians cross an intersection in the Shibuya district of Tokyo. Japan has experienced a postpandemic travel boom, with tourists pouring back in after restrictions closed the country’s borders to travelers.
BUSINESS / Economy
Sep 12, 2024
Japan jumps to No. 2, from sixth place, in Best Countries index
It jumped from 6th place on the 2023 list as a post-COVID boom and reforms helped bump it up on the subindexes used to calculate the overall score.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
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.”
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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SWCC keeps changing with keyword ‘new challenges’

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