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November 22, 2024
 

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JAPANESE

The corporate goods price index rose 3.4% in October from a year earlier, Bank of Japan data showed, above market forecasts for a 3.0% gain.
BUSINESS / Economy
Nov 13, 2024
Japan's wholesale inflation heightens uncertainty on rate hike timing
A spike in the price of rice, coupled with the increasing cost of nonferrous metals, food and oil, pushed up overall wholesale inflation.
An infrastructure project in the city of Mumbai. The International Monetary Fund forecasts 7.0% growth for India in 2024 and 6.5% in 2025, compared with 0.3% growth for Japan this year and 1.1% next year.
BUSINESS / Economy
Nov 12, 2024
India set to overtake Japan in GDP rankings
Economic stagnation and a weak yen could take Japan's economy to fifth place globally as early as next year.
Global investment firms plan to beef up hiring in Japan, as deals surge on the domestic market.
BUSINESS / Companies
Nov 12, 2024
Global investment firms hunt for talent in Japan as deals boom
The hiring spree underscores the intensity of dealmaking in Japan, which has been a rare bright spot amid a slowdown in M&A deals globally over the last couple of years.
The Osaka Prefectural Police headquarters in the city of Osaka
JAPAN / Crime & Legal
Nov 12, 2024
Osaka police arrest man for allegedly stabbing ex-wife to death
Miho Hashino's body bore approximately 30 injuries, including cuts and stab wounds that suggest she tried to fight off her attacker.
Former Olympus President Stefan Kaufmann
JAPAN / Crime & Legal
Nov 12, 2024
Papers sent on ex-Olympus president over illegal drug purchase
The 56-year-old ex-head of the Japanese medical equipment maker has admitted to the alleged violation of the special law on narcotics.
Shares in retailers may rise after Prime Minister Shigeru Ishiba formed a minority government that may cut taxes to lure cooperation from opposition parties.
BUSINESS / Economy
Nov 12, 2024
Minority government in Japan can help retail stocks and utilities
Prime Minister Shigeru Ishiba may cut taxes to keep smaller parties on side — increasing workers’ disposable income.
A man walks past the Bank of Japan headquarters in Tokyo on Oct. 30.
BUSINESS
Nov 11, 2024
Worsening corporate mood and bankruptcies cloud BOJ's rate hike path
Some BOJ board members have voiced concerns that intensifying labor shortages could constrain growth, rather than lead to higher wages.
DPP leader Yuichiro Tamaki speaks to reporters on Monday at parliament.
JAPAN / Politics
Nov 11, 2024
Head of key opposition DPP admits affair ahead of parliament vote for PM
Yuichiro Tamaki admitted to the affair after a tabloid reported on the relationship, jeopardizing his future in the party and any tie-ups with the LDP and Komeito.
Japanese exporters could be hit by higher U.S. tariffs.
BUSINESS / Economy
Nov 11, 2024
Trump tariffs could have a significant impact on Japanese exports
The U.S. president-elect has promised 10% to 20% duties on all goods coming into the United States.
Tokyo police have arrested two more men on suspicion of attempted burglary in connection with a break-in in the city of Mitaka last month.
JAPAN / Crime & Legal
Nov 11, 2024
Two more suspects arrested over Tokyo home invasion case
Suspects Hayato Araki and Tsukuru Watanabe are said to have met at a convenience store in the city of Mitaka in western Tokyo roughly 30 minutes before the break-in.
Many on the Bank of Japan board highlighted the need to scrutinize market developments in determining whether the economy can weather higher borrowing costs, a summary of opinions from October meeting shows.
BUSINESS / Economy
Nov 11, 2024
BOJ divided on rate hike timing, October summary shows
Many highlighted the need to scrutinize market developments, particularly yen moves, in determining whether the economy can weather higher borrowing costs.
Bank of Japan Gov. Kazuo Ueda attends a commemorative ceremony at the BOJ's headquarters in Tokyo on July 3, the day new yen notes went into circulation.
COMMENTARY / World
Nov 11, 2024
Japan needs tighter monetary policy to restore balance
Japan’s economy undoubtedly suffers when the yen is too strong; that is why some advocate for a more expansionary monetary policy.
Bank of Japan Gov. Kazuo Ueda said on Saturday at a forum in Switzerland that monetary tightening would be necessary in Japan if inflationary pressures from decarbonization investments exceed a certain threshold.
BUSINESS / Economy
Nov 10, 2024
Decarbonization investment to give some inflationary pressure: BOJ chief
Ueda said that monetary tightening would become necessary if inflationary pressure exceeds a certain level.
Mazuki Takarada, who was arrested last month in connection with the murder of a 75-year-old man in Yokohama, is believed to be part of a series of robberies that have taken place in and around Tokyo since the summer.
JAPAN / Crime & Legal
Nov 10, 2024
Japanese police seize over 100 smartphones stolen in serial robberies
The police are making gradual progress with more than 50 arrests, but the ringleaders remain at large due to the group's system of anonymity.
In Japan, these sweet morsels are a traditional New Year's treat, but they share a surprising overlap with American Thanksgiving flavors, too.
LIFE / Food & Drink / Washoku Essentials
Nov 10, 2024
The winter sweet that matches perfectly with autumn
If I’m in America for Thanksgiving, I’ll serve "kuri kinton" (syrup-stewed chestnuts in sweet potato paste) as a festive accompaniment to the holiday turkey.
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.
Sanwa Koutsu's Kuroko Taxi service has drivers dressed in traditional stagehand garb communicate with passengers only through gestures and written messages.
LIFE / Lifestyle
Nov 9, 2024
The sound of silence: Japan's no-conversation services
“Constant social interaction can feel like torture for us introverts,” one customer says. "I think it’s a pretty smart business move."
The headquarters of Bungeishunju, Shukan Bunshun's publisher, in Tokyo's Chiyoda Ward
JAPAN / Crime & Legal
Nov 8, 2024
Comedian Hitoshi Matsumoto to withdraw Bungeishunju defamation suit
The lawsuit was filed over a Shukan Bunshun article that detailed sexual assault allegations made by two women.
Police officers and a police vehicle in front of the Liberal Democratic Party headquarters on Oct. 19 following an attack by a man with Molotov cocktails
JAPAN / Crime & Legal
Nov 8, 2024
Police rearrest man over attacks on LDP headquarters and PM Office
Suspect Atsunobu Usuda, 49, allegedly threw Molotov cocktails at the party's headquarters and attempted to set fire to a vehicle in front of the Prime Minister's Office.
Daihachi Yoshida receives the Tokyo Grand Prix award for his film, “Teki Cometh,” at the closing ceremony of the Tokyo International Film Festival on Nov. 6.
CULTURE / Film
Nov 8, 2024
Festival glory for a dark Japanese comedy
With sold-out screenings, international stars and an increase in guests, this year's Tokyo International Film Festival revived its rep as a global cinematic gathering.
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.
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.
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.
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.
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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