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Nomura Holdings said it paid the penalty on Thursday and apologized to clients and concerned parties.
BUSINESS / Companies
Oct 31, 2024

Nomura fined by Japan regulator for bond market manipulation

The fine, while small, may hurt Nomura’s reputation at a time when it is refocusing on Japan as a key growth area for its trading and investment banking operations.
Boeing workers hold signs during a strike rally for the International Association of Machinists and Aerospace Workers at the Seattle Union Hall in Seattle, Washington, on Oct. 15.
BUSINESS / Companies
Nov 1, 2024

Striking Boeing workers set to vote on union-endorsed 38% wage hike offer

The vote on Monday, if approved, would be a boost for new CEO Kelly Ortberg, who is pushing for a "fundamental culture change" at the beleaguered company.
Early voters at a polling site during early voting in Queens, New York, on Oct. 27. U.S. intelligence agencies have concluded that Russia is behind a video that appeared on social media this week falsely claiming that Haitians illegally voted multiple times for Vice President Kamala Harris in Georgia.
WORLD / Politics
Nov 2, 2024

U.S. spy agencies issue new warning on Russia’s election misinformation campaign

Three recent videos have sought to undermine confidence in the security of the vote.
The seaside town of Shika on the Noto Peninsula, where the local power provider, Hokuriku Electric, has been fighting for a decade to restart a nuclear power plant in the town’s center.
JAPAN / Society
Nov 2, 2024

Can quake-prone Japan ever embrace nuclear energy again?

The government, its makeup in flux after the LDP lost seats this week, will soon need to make decisions that will shape Japan's future nuclear policy.
Former U.S. President Donald Trump speaks during a campaign rally in Salem, Virginia, on Saturday.
ENVIRONMENT / Climate change
Nov 3, 2024

Climate skeptics are hatching big plans for a second Trump term

Pushed to the fringes during the Biden administration, they are now preparing to revive coal, gut the EPA and limit the tools used by climate scientists.
While NATO membership is unlikely until the war concludes, some NATO members are open to allowing Ukraine to strike deep into Russia, though U.S. President Joe Biden remains hesitant.
COMMENTARY / Japan
Nov 4, 2024

Biden has a crucial decision to make on Ukraine

Biden may not be the U.S. president to make the congratulatory call to Ukraine's leader when peace is declared, but he can help keep him in the fight until it happens.
The Chiba Prefectural Police headquarters in the city of Chiba
JAPAN / Crime & Legal
Nov 4, 2024

28-year-old arrested on suspicion of violent robbery in Chiba

Yuta Kaneko told investigators he had searched for “part-time jobs” on X, where he was connected to someone who offered him ¥100,000 to “check on a package.”
Yuya Nagura is taken to the Tokorozawa Police Station in Tokorozawa, Saitama Prefecture, on Saturday after being arrested on suspicion of recruiting people to rob a house in the city.
JAPAN / Crime & Legal
Nov 4, 2024

Alleged recruiter of Saitama burglary ring arrested

Investigative sources said that Yuya Nagura used social media to post adverts with phrases like "easy job" and "goods transport" to recruit individuals.
Plastic waste on a beach in Japan. The rising volume of plastic waste is an increasingly urgent issue for world leaders.
ENVIRONMENT
Nov 5, 2024

Cleaning up pristine beaches means spotting plastic trash from space

New research shows how satellites can help locate plastic waste on beaches.
Toyota is expected to report a 14% year-on-year operating profit decline in July-September, to ¥1.2 trillion ($7.9 billion), according to an average estimate by analysts.
BUSINESS / Companies
Nov 5, 2024

Toyota to post first profit drop in 2 years as demand cools after big run

Toyota is expected to report a 14% year-on-year operating profit decline in July-September, to ¥1.2 trillion ($7.9 billion), according to an average estimate by analysts.
Workers at a garment factory in Gazipur, Bangladesh, on April 16, 2023
BUSINESS / Tech
Nov 5, 2024

AI supports fashion's climate goals, but workers may be left behind

In Bangladesh, about 60% of apparel workers, or 2.7 million people, risk losing their jobs due to automation.
A student operates a multirotor drone during the Second National Defense Application of the unmanned aerial vehicle (UAV) Challenge in Chiayi, Taiwan, on Oct. 16.
ASIA PACIFIC
Nov 6, 2024

Taiwan students design drones for mock battle as China threat looms

Taipei is ramping up investment in unmanned aerial vehicles as it seeks to bolster a more agile defense against a potential Chinese attack.
Toyota posted its first quarterly profit drop in two years, as slowing sales and production volume stalled the world's top-selling automaker's recent record run.
BUSINESS / Companies
Nov 6, 2024

Toyota keeps profit outlook despite weakness in Japan and China

The carmaker showed signs of recovery from domestic scandals in Japan and major recalls in the United States.
The European Commission's executive vice president, Valdis Dombrovskis, and Chinese Vice Premier He Lifeng finish a joint news conference following the 10th China-EU High-Level Economic and Trade Dialogue in Beijing in September 2023.
COMMENTARY / World
Nov 6, 2024

It's not just U.S. trade hawks. Europe fears China, too.

As China’s economic policies take hold, Europe's economic concerns may be just beginning.
The disparity in adoption of artificial intelligence will cause uneven economic growth, with AI-driven sectors becoming cheaper and more efficient while AI-resistant sectors may slow overall economic progress.
COMMENTARY / World
Nov 6, 2024

AI’s effect on the U.S. economy will be wildly uneven

Businesses vulnerable to competition will face heavy pressure to adopt the new technology, but in government and education, adoption will be slower.
Interim spent nuclear fuel storage facility in the city of Mutsu, Aomori Prefecture
JAPAN
Nov 7, 2024

Japan's first interim spent fuel storage facility starts operations

The facility is scheduled to take in a total of eight casks by March 2027.
Tesla and SpaceX CEO Elon Musk gestures as he steps on stage during a rally for former U.S. President and then-Republican presidential candidate Donald Trump in New York on Oct. 27
BUSINESS / Companies
Nov 7, 2024

What Trump's re-election means for Elon Musk

Trump has vowed to give Musk an official role cutting government spending — and with it, the power to influence policy and the federal agencies.
U.S. President Donald Trump signs one of five executive orders related to the oil pipeline industry in the Oval Office of the White House in Washington on Jan. 24, 2017.
BUSINESS / Markets
Nov 7, 2024

From oil to EVs, here’s how Trump’s victory affects energy

The prospect of a Trump-era pullback from some policies promoting emission-free energy has already helped spark a slide in shares of renewable power firms.
U.S. President Donald Trump and Xi Jinping, China's president, shake hands during a news conference at the Great Hall of the People in Beijing on Nov. 9, 2017.
ASIA PACIFIC / Politics
Nov 7, 2024

Xi is better prepared for Trump even as 60% tariffs risk chaos

Xi would much prefer to avoid a tariff battle that risks proving much more devastating than the first round.
PRESS
Nov 7, 2024

The Japan Times wins Gold at WAN-IFRA Asian Media Awards 2024

The Japan Times, Ltd. (Chairperson, Publisher and President: Minako Suematsu) won the inaugural award, Gold Winner, for Best in Healthcare Reporting at the WAN-IFRA Asian Media Awards on November 6 for a story on the systemic issue of overwork among doctors in Japan written by Tomoko Otake.
Asian chipmakers, led by Taiwan's TSMC and South Korea's Samsung Electronics, have collectively invested at least $117 billion in the U.S.
BUSINESS / Companies
Nov 7, 2024

What's at stake for Asian companies under a Trump presidency

Trump has floated the idea of a 10% or more tariff on all goods imported into the U.S.
One irony of the U.S. election outcome is that, on almost every issue that voters identified as a priority, Donald Trump’s proposals would likely make matters worse.
COMMENTARY / World
Nov 7, 2024

Once again, America needs to deal with Donald Trump

Dealing with a reckless president is an exhausting job, but it can and must be done — and it’s a job for members of both parties.
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."
U.S. Steel's Clairton Coke Works facility in Clairton, Pennsylvania
BUSINESS / Companies
Nov 8, 2024

Nippon Steel seeks to close U.S. Steel deal before Trump is president

Before the Nov. 5 election, which handed him victory, Donald Trump promised to block the deal if reelected.
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.
The China-funded Sinamale bridge being built in Male, Maldives, in 2018. China's Belt and Road initiative has been critical in drawing small Indo-Pacific island states closer to Beijing.
COMMENTARY / Japan
Nov 8, 2024

Small island states are turning to China — and then back again

To stop small island states in the Indo-Pacific from being wooed by Chinese promises of economic largesse, Japan, Australia and India must harmonize their policies.
Ukrainian F-16 fighter jets fly during ceremonies marking Ukraine's Air Forces Day at an undisclosed location in the country in August.
WORLD
Nov 9, 2024

Pentagon lifts ban on contractors fixing U.S.-supplied weapons in Ukraine

The contractors will help ensure equipment "can be rapidly repaired when damaged and be provided maintenance as needed," an official said.
Former President Donald Trump with Elon Musk during a campaign rally in Butler, Pennsylvania on Oct. 5. The Tesla billionaire is a key figure in the president-elect's orbit. One question is whether his views on climate and clean energy will have any sway.
WORLD
Nov 9, 2024

Musk believes in global warming. Trump doesn’t. Will that change?

The Tesla billionaire is a key figure in the president-elect's orbit. One question is whether his views on climate and clean energy will have any sway.
A Toyota Motor car dealership in Mexico City in 2017
BUSINESS / Companies
Nov 10, 2024

Toyota to invest $1.45 billion in Mexico

The automaker will spend the money on production of next-generation models, including a hybrid version of the Tacoma pickup truck.
Elon Musk during a campaign event at Madison Square Garden in New York on Oct. 27
WORLD / Politics
Nov 10, 2024

Silicon Valley’s Trump supporters envision ascendant startups and Vance 2028

The surge of GOP support and contributions set records in the largely left-leaning tech industry, splintering once-clubby relationships.

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight