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Katya Golubkova
The United States Steel's plant in Braddock, Pennsylvania. Nippon Steel is sticking to its plan to close a deal by year-end to buy U.S. Steel.
BUSINESS / Companies
May 9, 2024
Japan's Nippon Steel sticks to plan to close U.S. Steel deal by year-end
The takeover should bring Nippon Steel's global crude steel capacity to 86 million tons per year, close to its goal of 100 million.
JFE's net profit for the year ended March 31 came to ¥197.4 billion ($1.28 billion), just ahead of analysts' average forecast of ¥194.90 billion in an LSEG poll, thanks to higher steel margins.
BUSINESS / Companies
May 7, 2024
Japanese steelmaker JFE eyes overseas investments amid slower profit growth
The country's No. 2 steelmaker plans to ramp up overseas investments as part of a long-term drive to double profits.
A Wheeling-Nippon Steel facility in in Follansbee, West Virginia. Four senior Japanese officials speaking on condition of anonymity said it is still premature to declare the deal dead.
BUSINESS / Companies / ANALYSIS
Apr 5, 2024
Why Japan is not giving up on fraught U.S. Steel deal
Four senior Japanese officials speaking on condition of anonymity said it is still premature to declare the deal dead.
Japan aims to have 10 gigawatts (GW) of offshore wind power projects by 2030 and up to 45 GW by 2040, to replace fossil fuels including coal and liquefied natural gas in its energy mix — for which floating offshore wind is essential.
BUSINESS / Markets
Mar 13, 2024
Japan to expand offshore wind development to exclusive economic zones
Global energy companies have been urging Japan to make investments more attractive, amid soaring costs and growing competition between suppliers.
Dai Karasawa, president of SSE Pacifico K.K., a joint venture of U.K. energy group SSE and Japan's Pacifico Energy, speaks about their plan to develop offshore wind farms in Japan during an interview in Tokyo, last week.
BUSINESS / Companies
Mar 11, 2024
SSE's Japan unit aims to develop 6GW offshore wind farms
Japan is aiming to become a major offshore wind power producer, with the government targeting 10 GW by 2030 and up to 45 GW by 2040.
A LNG tanker at the Negishi LNG Terminal, which is jointly operated by Tokyo Gas and JERA, in Yokohama
BUSINESS
Mar 11, 2024
Japan boosts reliance on allies for long-term LNG supplies
LNG accounts for about a third of Japan's power generation and it is the world's second-largest importer behind China.
A liquefied natural gas processing facility at the Sakhalin 2 project in Sakhalin, Russia. Japan has kept stakes in some energy projects in Russia as a matter of energy security.
BUSINESS
Feb 21, 2024
Japanese companies maintain suspended operations in Russia: survey
Japan has kept stakes in some energy projects as a matter of energy security.
Nippon Steel is on track to finalize its planned $15 billion acquisition of U.S. Steel by the end of September, an executive has said.
BUSINESS / Companies
Feb 7, 2024
Nippon Steel says on track to close U.S. Steel deal by September
The deal by the world's No.4 steelmaker to buy U.S. Steel has drawn criticism from some in the United States.
Wind turbines at an RWE wind farm off the coast of Great Yarmouth, England. RWE operates 3.3 gigawatts of offshore wind power in Europe.
BUSINESS / Companies
Jan 19, 2024
RWE plans further Japan offshore wind push after Niigata win
The German renewable energy company believes floating offshore projects will be the key to achieving the nation's goal of generating 45 GW of wind power by 2040.
Offshore wind turbines at the Scroby Sands Wind Farm, operated by E.ON SE, near Great Yarmouth, United Kingdom.  Foreign wind power companies say Japan's development process for offshore wind power takes much longer than in other countries, leading to more uncertainty and risks.
BUSINESS
Dec 1, 2023
Foreign wind power players urge Japan to scale up offshore auctions
"If you want to create appetite from investors you need to propose larger plants"
Trade minister Yasutoshi Nishimura speaks at a ceremony at the Tokyo Stock Exchange on Wednesday to launch a new platform for the trade of carbon credits.
BUSINESS
Oct 11, 2023
Carbon pricing platform kicks off at Tokyo Stock Exchange
More than 180 organizations, including oil firms and regional banks, have decided to participate in the platform.
Kansai Electric Power's Oi nuclear power plant in Fukui Prefecture
BUSINESS / Economy
Aug 3, 2023
Japan's nuclear restarts this year to hasten LNG import decline
Kansai Electric Power's plan next month to relaunch the last idle reactor at its flagship nuclear plant will mark an energy shift in Japan.
Japan Times
JAPAN
May 21, 2023
Hiroshima's savory pancake wins new fan in British prime minister
British Prime Minister Rishi Sunak told reporters he particularly enjoyed eating 'okonomiyaki' during his visit to Hiroshima.
Japan Times
BUSINESS
Apr 28, 2023
Kyushu Electric to raise ¥200 billion to fund green transition
Japanese utilities were hit by high fuel costs last year as a post-pandemic energy crisis was exacerbated by Russia's invasion of Ukraine.
Japan Times
BUSINESS
Feb 9, 2023
Inpex sees 2023 net profit down by 38% on weaker oil and stronger yen
Japan's top exploration and production company sees the average Brent oil price falling to $75 per barrel in 2023 from $99 per barrel last year.
Japan Times
BUSINESS / ANALYSIS
Oct 7, 2021
Russia's Gazprom feels the heat over Europe's red-hot gas prices
European politicians, under pressure from consumers facing a huge jump in winter heating bills, say Russia could supply more of the fuel.
Japan Times
BUSINESS / Economy
Apr 13, 2020
OPEC and Russia approve biggest-ever oil cut amid pandemic
After four days of talks, the group known as OPEC Plus has agreed to reduce output by 9.7 million barrels per day for May and June.
BUSINESS
Aug 28, 2015
Troubles in Russia, China slow Kremlin's pivot to Asia
A growing economic crisis in Russia and a growth slowdown in China that has rattled world markets means about $113 billion worth of joint projects ranging from gas pipelines to power grids have been stalled or delayed.
Japan Times
WORLD / Politics
Sep 1, 2014
Putin calls for talks on east Ukraine 'statehood'; rebels fire on ship
Russian President Vladimir Putin called on Sunday for immediate talks on the "statehood" of southern and eastern Ukraine, although his spokesman said this did not mean Moscow now endorsed rebel calls for independence for territory they have seized.

Longform

The Japanese government updated its English education guidelines in 2017 to emphasize communication over grammar and memorization. Public school teachers are incredibly busy, however, which means schools haven’t been able to implement changes uniformly. Private and alternative schools are attempting to remedy this.
The language of opportunity: Bilingual education is on the rise in Japan