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Latest News

Nidec separately announced it signed a memorandum of understanding on Monday with Tata Elxsi, an Indian technology service provider, to develop software programs for India and other markets.
BUSINESS / Tech
Jul 23, 2024
Japan's Nidec lifts annual profit outlook after first quarter
The company raised its expectations for operating profit in the financial year to the end of March 2025 to ¥240 billion ($1.53 billion).
Nippon Steel is dissolving its joint venture with China's Baoshan Iron & Steel, ending two decades of cooperation.
BUSINESS / Companies
Jul 23, 2024
Nippon Steel to dissolve joint venture with China's Baoshan
Nippon Steel did not provide a reason for dissolving the partnership originally established in 2004.
Toyota's plan to buy back shares from major banks and insurers is part of a broader push to unwind strategic shareholdings with financial partners.
BUSINESS / Companies
Jul 23, 2024
Toyota to buy back stock worth $5.2 billion from banks and insurers
Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, Tokio Marine Holdings and MS&AD Insurance Group Holdings are tendering shares at an 11% discount.
Australian grape exports to Japan are expected to rise as Tokyo has fully opened the market for the fruit.
BUSINESS / Economy
Jul 23, 2024
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.
U.S. Vice President Kamala Harris speaks aboard the USS Howard destroyer at the Yokosuka Naval Base, in Yokosuka, Kanagawa Prefecture, in September 2022.
JAPAN / Politics / ANALYSIS
Jul 23, 2024
Continuity in Asia: Harris' policies likely to assuage concerns in Japan
Tokyo is already quite familiar with the approach of the U.S. vice president, who will likely continue her predecessor's foreign policy if she is elected president.
Entrepreneurs who participated in the Beyond Japan Zero to X program last year share their experiences in the United States during a meeting in May in Tokyo.
BUSINESS / Companies
Jul 23, 2024
Japanese startups advised to internationalize to get some global mojo
Occupying the No. 1 spot in the Japanese market affords many comforts, but global dominance is unlikely to be one of them.
U.S. Defense Secretary Lloyd Austin and Defense Minister Minoru Kihara meet in Singapore in June.
JAPAN / Politics / FOCUS
Jul 23, 2024
U.S.-Japan security talks to cover 'extended deterrence' for first time
The allies' top diplomats and defense chiefs will for the first time cover the U.S. commitment to using its military capabilities, including nukes, to protect its ally.
Japan midfielder Yu Hirakawa controls the ball during a match against the United States in Kansas City, Kansas, on June 11.
OLYMPICS
Jul 23, 2024
Japan eyes gold — and the future — as Olympic men's soccer campaign begins
With the squad being the only one in Paris not to feature any overage players, it is clear that this competition is partly about building for the future.
Liberal Democratic Party Secretary-General Toshimitsu Motegi says the Bank of Japan should more clearly show its intention to normalize monetary policy.
BUSINESS / Economy
Jul 23, 2024
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.
A full-scale model of the new design of a next-generation fighter that Japan, Italy and Britain plan to develop together is showcased Monday by Mitsubishi Heavy Industries, Leonardo and BAE Systems — the projects’ lead system integrators — at the Farnborough International Airshow near London on Monday.
JAPAN
Jul 23, 2024
Japan and partners unveil design for cutting-edge new joint fighter
While unlikely to be the final design, the refined concept features major changes in the wing and aft fuselage areas ostensibly meant to improve its aerodynamics.
Boxes of canned quail eggs are piled up at a warehouse in Toyokawa, Aichi Prefecture, earlier this month.
JAPAN / Society
Jul 23, 2024
Quail egg farmers struggle after schools remove item from lunches
A fatal choking incident in February involving a canned quail egg at a Fukuoka elementary school led schools nationwide to remove the item from their lunches.
The exchange rate for the Japanese yen against the euro (left) and the U.S. dollar is displayed at a foreign exchange brokerage in Tokyo on June 27.
BUSINESS / Markets
Jul 23, 2024
Citi flags possible euro-yen intervention if rate nears ¥180 level
The euro-yen pair traded as high as ¥175.43 on July 11 — a record since the common currency was launched in 1999 — before retreating.
Chief Cabinet Secretary Yoshimasa Hayashi says a Japanese man in his 20s died last month fighting for Russia against Ukraine.
JAPAN
Jul 23, 2024
Tokyo announces death of Japanese man in Russian military
Chief Cabinet Secretary Yoshimasa Hayashi has urged Japanese people again to refrain from traveling to Ukraine and Russian regions bordering Ukraine.
U.S. Vice President Kamala Harris delivers remarks on the South Lawn of the White House in Washington on Monday.
WORLD / Politics
Jul 23, 2024
Taking on Trump, Kamala Harris vows to draw on prosecutorial experience
The U.S. vice president has also promised to drive forward laws to protect abortion rights and ban assault rifles, and focus on rebuilding the middle class.
A lone tree stands near a water trough on the outskirts of Walgett, in New South Wales, Australia, in 2018. Energy analysts said high construction costs, plus Australia's lack of nuclear expertise and abundant land and sunshine, make nuclear a less logical choice in the country.
WORLD / Politics
Jul 23, 2024
Nuclear wildcard reignites Australia's climate wars
Ahead of expected polls, the country's federal opposition has unveiled plans to slow the roll-out of renewable energy and build a network for nuclear reactors.
U.S. President Joe Biden will get the first test of how much sway he still retains when Israeli Prime Minister Benjamin Netanyahu arrives in Washington for a previously planned visit this week.
WORLD / Politics
Jul 23, 2024
Biden looks to project strength abroad despite lame-duck status
Having no electoral pressure may give U.S. President Joe Biden the ability to act more boldly in foreign affairs.
Bank of Japan officials are divided over whether to raise interest rates at a policy meeting next week, people familiar with the matter say.
BUSINESS / Economy
Jul 23, 2024
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%.
Sha'Carri Richardson is a heavy favorite to become the first American since Gail Devers at the 1996 Olympics to be regarded as the world's fastest woman.
OLYMPICS
Jul 23, 2024
Fast, not furious: Richardson eyes Olympic redemption
An Olympic gold would be the reward for untold hours of grueling training as well her personal growth over the past two seasons since the nadirs of 2021-2022.
U.S. Vice President and Democratic presidential candidate Kamala Harris speaks at her campaign headquarters in Wilmington, Delaware, on Monday.
WORLD / Politics
Jul 23, 2024
Kamala Harris moves quickly, rallying enough delegates to clinch nomination
The U.S. vice president is set to hold her first campaign rally as a 2024 presidential candidate on Tuesday in Milwaukee.
As of Sunday, Kobayashi Pharmaceutical reported 279 deaths and 2,274 hospital visits due to health issues related to its beni kōji supplements, among which 461 required hospitalization.
JAPAN / Science & Health
Jul 23, 2024
Kobayashi Pharma's president and chairperson resign over health scandal
For the first time in its history, someone outside of the Osaka-based drugmaker's founding family will become its president.
A Philippine flag flutters from BRP Sierra Madre, a dilapidated Philippine Navy ship that has been aground since 1999 and became a Philippine military detachment on the disputed Second Thomas Shoal, part of the Spratly Islands, in the South China Sea, on March 29, 2014.
ASIA PACIFIC / Politics
Jul 23, 2024
Manila will still assert South China Sea rights after China resupply deal
The provisional arrangement with Beijing “will not prejudice our respective national positions,” the Philippines’ Department of Foreign Affairs says.
Blackstone's private equity fund says Japanese individual investors are highly interested in alternatives and their understanding of the asset class is deepening.
BUSINESS / Markets
Jul 23, 2024
Blackstone Japan fund exceeds $1B as investors warm up to private equity
As inflation takes hold in the country, investors are exploring more alternative assets on government encouragement to invest more of their cash.
Passengers go through ticket gates at Tokyo Station Tuesday morning as all Tokaido Shinkansen bullet train services resumed following a partial halt the previous day.
JAPAN
Jul 23, 2024
Tokaido Shinkansen train line resumes full services
A derailment accident involving maintenance trains caused a partial suspension Monday, but all services have now been resumed.

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