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JAPAN / Science & Health
Aug 1, 2023

Japan panel endorses first domestically developed COVID vaccine

The shot is based on the original strain of the coronavirus, making it unlikely that it will be used in Japan or elsewhere.
A downgrade by Fitch Ratings is being viewed as a condemnation of partisan U.S. politics, including the recent debt ceiling standoff and the Jan. 6, 2021, insurrection at the U.S. Capitol.
BUSINESS
Aug 3, 2023

Fitch’s U.S. downgrade stokes the very fight it warned against

Washington’s hostile political factions have quickly taken up the agency's downgrade of U.S. government debt as a new weapon of political combat.
Warren Buffett's Berkshire Hathaway in June raised its stake in Japan's five major trading firms. All of them beat net-income estimates for the first quarter of the fiscal year.
BUSINESS / Companies
Aug 4, 2023

Buffett’s favored Japan trading firms post solid earnings

The five major trading firms all beat net-income estimates for the first quarter of the fiscal year in reports issued this week.
The National Ignition Facility’s preamplifier module increases laser energy as it travels to the Target Chamber in an undated photograph at Lawrence Livermore National Laboratory federal research facility in Livermore, California.
WORLD / Science & Health
Aug 7, 2023

U.S. lab behind fusion breakthrough reaches ignition again

Being able to reproduce the breakthrough may bring the world one step closer to using fusion, which powers the stars, as a source of clean energy.
The Pentagon on Tuesday looked to soften the blow of an explosive report that Chinese hackers had infiltrated Japan's most sensitive defense networks, saying that it was "confident” about sharing intelligence with Tokyo.
JAPAN
Aug 9, 2023

U.S. ‘confident’ in Japan intel sharing, but Taiwan concerns linger

The Pentagon has moved to soften the blow of a report that said that “shockingly bad” hacking had been uncovered by the U.S. in the fall of 2020.
The Internal Revenue Service headquarters in Washington. A conservative group's charge that a liberal network is abusing its tax-exempt status mirrors similar allegations made against a right-wing activist.
BUSINESS
Aug 16, 2023

U.S. ‘dark money’ donor groups trade accusations of tax evasion

Though the allegations by both sides are partisan, legal experts say the concerns they raise have been taken seriously by the IRS in the past.
Fake oranges filled with captagon pills, intercepted by the customs and the anti-drug brigade at Beirut port, Lebanon, in 2021.
WORLD / Crime & Legal
Aug 18, 2023

‘Poor man’s cocaine’ costing $3 a pill threatens to proliferate

Selling for around $3 to $25 per tablet, experts say captagon is primarily produced and trafficked by groups tied to Syrian President Bashar Assad.
NASA and the Department of Defense are collaborating with Lockheed Martin to build and test a nuclear rocket engine by 2027.
COMMENTARY / World
Aug 21, 2023

NASA’s $500 million rocket gamble is worth it

Nuclear rockets are worth pursuing, but only with careful safeguards and international cooperation.
The U.S. has 8,000 km of carbon dioxide pipelines, but will need at least 50,000 to hit climate goals, according to a carbon transport engineer at the U.S. Department of Energy.
ENVIRONMENT / Climate change
Aug 21, 2023

U.S. Midwest is ground zero in the fight over carbon capture

The U.S. wants to greatly expand carbon capture and storage infrastructure, including pipelines, but many projects face opposition in the Midwest.
The initial public offering for Arm Holdings is set to be the biggest in the United States this year.
BUSINESS / Markets
Aug 22, 2023

SoftBank’s planned IPO for Arm set to be biggest of 2023

Arm didn’t disclose proposed terms for the share sale in the document, but it’s expected to seek a valuation of $60 billion to $70 billion.
Spanish midfielder Alexia Putellas (left) battles for the ball against English forward Lauren James during in the final of the 2023 FIFA Women's World Cup in Sydney on Sunday. Spain won the match 1-0.
COMMENTARY / World
Aug 22, 2023

FIFA boss should read the pitch on women’s pay

More than 2 billion people are expected to have tuned in. About 2 million attended matches in person. Both records. The FIFA Women’s World Cup generated more than $570 million to break even.
BUSINESS / Economy
Aug 22, 2023

BOJ's Ueda meets Kishida but says yen volatility wasn't discussed

The talks took place after the dollar's recent ascent above ¥145, a level that last September triggered Japan's first yen-buying operation since 1998.
Vendors carry lobster at a seafood market in Shanghai, China, on Friday.
BUSINESS
Aug 25, 2023

Japan fishing industry reels after China’s seafood embargo

The average price of fresh Aomori tuna at the Toyosu market in Tokyo fell 24% on Aug. 25 from the previous day to ¥9,383 per kilogram.
A man rests at a fresh food market in Shanghai, China, in early August. The world's second largest economy was meant to drive a third of global growth this year, so its dramatic slowdown in recent months is sounding alarm bells across the world.
BUSINESS / Economy
Aug 28, 2023

China’s economic slowdown is rippling across the globe

Policymakers are bracing for a hit to their economies as China’s imports of everything from construction materials to electronics slide.
The trend of people getting married later could be causing a vicious cycle of fewer children begetting fewer children, says Takuya Hoshino, senior economist at Dai-ichi Life Research Institute.
JAPAN / Society
Aug 30, 2023

Third of Japan's 18-year-old women may never have children: study

Prime Minister Fumio Kishida has promised to tackle the country's population crisis with "unprecedented" measures.
CULTURE / Books
Sep 2, 2023

Saou Ichikawa’s 'Hunchback': A darkly funny portrait of disability

The winner of the second 2023 Akutagawa Prize is a sardonic commentary on the utility of bodies, both abled and disabled.
BUSINESS / Economy / ANALYSIS
Sep 1, 2023

Extended gasoline subsidy risks harming Japan's net-zero efforts

The politically tricky decision on ending the program could hamper the shift to EVs and efforts to reach climate change goals.
Employees work on the assembly line at an electric vehicle plant in Shanghai. Cutting salaries is illegal in China, but complex pay structures offer loopholes.
BUSINESS / Companies
Sep 5, 2023

China's auto workers bear brunt of price war as fallout widens

Cutting salaries is illegal in China, but complex pay structures offer ways around this.
A Kirin 9000S chip fabricated in China by Semiconductor Manufacturing International Corp. taken from a Huawei Technologies Mate 60 Pro smartphone
COMMENTARY / World
Sep 12, 2023

Huawei sends a message with its new smartphone

Fear of turbocharging China’s indigenous technology development efforts has been one of the most powerful arguments against tightening export controls.
Chinese Defense Minister Li Shangfu (far left) attends the 20th IISS Shangri-La Dialogue in Singapore in June.
ASIA PACIFIC / Politics / FOCUS
Sep 15, 2023

Missing Chinese defense chief signals turmoil in Xi's government

Washington has reportedly concluded that Li Shangfu, who took up his post in March, has been stripped of his responsibilities.
The decision by Johnny & Associates during a news conference on Sept. 7 to retain the company name — despite its association with an alleged sexual predator — drew a lot of public criticism.
JAPAN / Society
Sep 20, 2023

Johnny & Associates considers changing name as criticism mounts

On its website, the agency said it was “discussing the future of the company, taking into consideration opinions and criticisms.”
The Nikkei stock index on June 1. Japan equity has gained 95% since 2020, the highest rate among G7 nations.
COMMENTARY / Japan
Sep 25, 2023

Japan shows how to defeat secular stagnation

Outperforming other G7 countries on several economic indicators, Japan is demonstrating how prosperity can grow despite a shrinking population.
Selcuk Bayraktar, chairman of Turkish defense firm Baykar and son-in-law of Turkish President Recep Tayyip Erdogan, attends the presidential swearing-in ceremony after Erdogan's election win in Ankara on June 3.
WORLD / Politics
Sep 28, 2023

Erdogan’s son-in-law makes Turkey a world leader in lethal drones

Baykar's new generation of unmanned combat aircraft will fly faster and farther, while carrying more weapons than its existing models.
Ozempic is a drug for treating Type 2 diabetes that is now being used widely as an appetite-suppressing weight loss aid.
BUSINESS / Markets
Oct 9, 2023

Ozempic threat is spurring a slump in snack and beer stocks

Snack and beverage producers are most at risk, as well as purveyors of weight-management food products such as shakes and frozen meals.
Prime Minister Fumio Kishida shakes hands with Ukrainian President Volodymyr Zelenskyy during a high level Security Council meeting on the situation in Ukraine, on the sidelines of the 78th U.N. General Assembly at U.N. headquarters in New York on Sept. 20.
JAPAN / Politics
Oct 11, 2023

Ukraine fatigue unlikely to reach Japan anytime soon

Japan’s support for Ukraine remains steadfast at a time when popular opinion across several Western countries shows growing signs of weariness.
Sebastian Coe speaks at a news conference during an International Olympic Committee session in Mumbai on Saturday.
OLYMPICS
Oct 15, 2023

Sebastian Coe says IOC made 'only decision' in banning Russia

The IOC's move came after the Russian Olympic Committee recognized regional organizations from four annexed Ukrainian territories.
JAPAN / Politics
Oct 17, 2023

Japan resumes babysitter discount coupon program amid high demand

The babysitter coupon system was implemented in 2016 as part of the government’s efforts to offer financial aid to working families with children.
Cooling towers and reactors at a nuclear power plant in Cattenom, France
ENVIRONMENT / Climate change
Oct 17, 2023

Nukefluencers are on a quest to push clean power from reactors

Influencers are tapping into a generation that’s increasingly anxious about climate change by focusing on how nuclear energy is carbon-free.
When COVID-19 first emerged, companies across the health care industry raced to reconfigure themselves. That transformation is now unraveling.
BUSINESS / Companies
Oct 18, 2023

Life after COVID turns rocky for reshaped health care businesses

When the coronavirus first emerged, companies across the health care industry raced to reconfigure themselves. That transformation is now unraveling.
Nomura's majority-owned joint venture in China has struggled to grow since its launch in 2019.
BUSINESS / Companies
Oct 26, 2023

Nomura reviews business plan for mainland China as losses rise

The move comes as a further blow to the top Japanese investment bank's global expansion strategy.

Longform

Members of the nonprofit group Japan Youth Memorial Association search for the remains of dead soldiers in a cave in Okinawa Prefecture in February.
The long search for Japan’s lost soldiers