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July 24, 2024
 

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Australian grape exports to Japan are expected to rise as Tokyo has fully opened the market for the fruit.
BUSINESS / Economy
Japan opens up its market for Australian grapes
The Australian government aims to increase the country's annual grape exports to Japan to about AU$50 million, or 2.5 times the current figure, within several years.
BUSINESS / Economy
LDP heavyweight Toshimitsu Motegi calls for clearer sign from BOJ on policy
The remarks suggest growing political frustration over the central bank’s cautious stance as low rates keep pressure on the yen while inflation outpaces wage growth.
BUSINESS / Economy
BOJ is said to see weak consumer spending complicating rate call
Weak consumer spending has prompted the government to cut its fiscal year growth forecast to 0.9%, with central bank likely lowering its projection to 0.5%.
A street cleaner at the Lujiazui Finance District in Shanghai
BUSINESS / Economy
Jul 22, 2024
Xi vows to rewire China’s finances and help indebted regions
Plans centered around shifting more revenue from the central to local coffers in China, such as by allowing regional governments to receive more of the consumption tax.
Data has shown that Western pension funds may inadvertently be helping Russian President Vladimir Putin as Moscow looks to ramp up liquefied natural gas exports to replenish Kremlin coffers and fund its war in Ukraine.
BUSINESS / Economy
Jul 21, 2024
How U.S. pension funds help Putin’s gas gambit
By Stephen Stapczynski and Natasha White
The case spotlights the opacity of the global finance and how hard it remains to sever Moscow from a key revenue source even two years after the Ukraine invasion.
The Nishiki market in Kyoto. June’s inflation report shows extraordinary jumps in the prices of some items favored by households, including cabbage (27.6%), potatoes (28.5%) and tomatoes (15.6%).
BUSINESS / Economy
Jul 19, 2024
Households struggle as Japan’s inflation rises near U.S. levels
By Elizabeth Beattie
Consumer prices in Japan rose 2.8% on the year in June, close to the 3.0% in the United States.
Japan cut its economic growth forecast for the current fiscal year, reflecting weaker-than-expected private consumption.
BUSINESS / Economy
Jul 19, 2024
Japan cuts growth forecast as prime minister warns of weak-yen pain
By Leika Kihara
The government cut its economic growth forecast for the current fiscal year ending in March 2025 to 0.9% from 1.3% projected in January.
More Japanese firms have gone bankrupt in the first half of this year due to soaring costs, labor shortages and the end of pandemic-related support.
BUSINESS / Economy
Jul 18, 2024
Triple whammy takes Japan bankruptcies to decade high
By Kazuaki Nagata
Soaring costs, labor shortages and the end of pandemic-related financial support are taking a heavy toll on smaller businesses.
Japan’s exports grew for a seventh consecutive month in June, government data has shown.
BUSINESS / Economy
Jul 18, 2024
Japan’s exports rise for seventh month, supporting growth
By Yoshiaki Nohara
Exports gained 5.4% in June from a year ago, led by chip-making gear and nonferrous metals.
Unionists hold a rally in Tokyo in April. Households' real cash earnings have been falling year on year for more than two years, with the weakening of the yen making the situation only more difficult as prices of imported goods increase rapidly.
BUSINESS / Economy
Jul 17, 2024
Japan’s minimum wage might not budge much if corporate fears prevail
By Kazuaki Nagata
While households desperately need a big raise, smaller businesses might not be in a position to handle an increase as they struggle with the weak yen.

South Korea couple beat same-sex barriers to parenthood
South Korean lesbian couple Kim Kyu-jin (left) and her wife, Kim Sae-yeon, pose with a "pregnant woman" badge during an interview in Seoul last month.
Japan unveils new overtourism countermeasures
The majority of tourists in Japan tend to stay in Tokyo, Osaka or Kyoto, resulting in overcrowding in popular tourist spots and a strain on transportation systems.
Opportunities await the bold in the Year of the Wood Dragon
2024 marks the Year of the Dragon in the Chinese zodiac, with the year predicted to be a good time for fresh starts.
Japan pharma startup developing world-first drug to grow new teeth
A new tooth is seen in a ferret's mouth after it was administered a drug to stimulate the growth of tooth buds.
Don’t worry about global population collapse
Most projections show the world will hit peak humanity in the 21st century as people choose to have smaller families and women gain power over their own reproduction.
As climate extremes intensify, Japan embraces ancient weather rituals
Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
Biden drops out of presidential race, endorsing Kamala Harris
U.S. President Joe Biden and Vice President Kamala Harris at the White House in Washington on July 4.
Why Japanese researchers are looking to submarine cables for faster tsunami warnings
Lamposts and other signs throughout Hirogawa, Wakayama Prefecture, display warnings, evacuation routes and measurements of height above sea level. The town has been hit by eight tsunami in its recorded history.
Akatsuki Japan believes it can 'surprise the world' in Paris
Mai Yamamoto drives to the basket during an Olympic tune-up game against New Zealand in Tokyo on July 4.
How to prevent and respond to heatstroke in Japan this summer
A passerby holding a parasol wipes her face as she walks on the street amid a heatstroke alert in Tokyo and other prefectures, in Tokyo on July 9.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals
By Alex K.T. Martin

SUSTAINABLE JAPAN

Exploring Japanese culturevia Tohoku’s festivals
Exploring Japanese culturevia Tohoku’s festivals

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