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Nippon Life Insurance will focus purchases on 30-year JGBs, with the current yield of above 1.8% "good in terms of absolute level," a representative for the insurer said at a recent briefing.
BUSINESS / Markets
Oct 27, 2023

Japan's life insurers to boost JGB buying but wary of policy shift

Nippon Life, Dai-Ichi Life and Meiji Yasuda Life were among those who said they aimed to buy the longest-dated JGBs amid the highest yields in a decade.
Iranian Supreme Leader Ayatollah Ali Khamenei  speaks before an audience in Tehran on Wednesday.
WORLD / Politics
Oct 28, 2023

U.S. airstrikes send twin messages to Iran, American officials say

The airstrikes were the latest gamble by the United States to modify Iran’s behavior, few of which have worked in the past.
At the time ofElon Musk's takeover, Twitter was valued at $44 billion. Now called X, the company is now valued at $19 billion.
BUSINESS / Companies
Oct 31, 2023

Elon Musk’s X is worth less than half of price he paid for Twitter

In the past, Musk has hinted that he’d like to take X public, but the company’s steep drop in value could make that difficult.
"The Ones Left Behind" documents the successes and struggles of single mothers in Japan.
PODCAST / deep dive
Nov 2, 2023

Why single mothers in Japan have been left behind

Filmmaker Rionne McAvoy joins us to discuss the hidden poverty present in one of the world’s richest nations.
Sam Bankman-Fried, founder of FTX, exits the federal courthouse in Manhattan in February.
COMMENTARY / World
Nov 5, 2023

Sam Bankman-Fried won't be the last crypto mogul behind bars

If Sam Bankman-Fried culpability for the "pyramid of deceit” behind FTX’s collapse seemed so obvious, it’s partly because he was prosecutorial gold.
Japan's real wages dropped 2.4% in September from a year earlier.
BUSINESS / Economy
Nov 7, 2023

Japan's wages and spending extend declines in test for BOJ policy

Japan's real wages dropped 2.4% in September from a year earlier.
A scheduling conflict resolves the diplomatic issue of Hong Kong Chief Executive John Lee's participation in the APEC forum being hosted by the United States.
COMMENTARY / World
Nov 8, 2023

Resolving Hong Kong conundrum key to U.S.-China APEC summit

Four U.S. lawmakers urged the State Department to bar Hong Kong leader John Lee, calling him a “human rights abuser.”
JAPAN / Politics
Nov 9, 2023

Kishida rules out snap election amid record low popularity

The prime minister has once again ruled out a snap election as he faces record low popularity ratings and growing criticism from within his own party.
BUSINESS / Economy
Nov 10, 2023

Cabinet approves ¥13.1 trillion extra budget to finance fresh stimulus

Prime Minister Fumio Kishida appears to be eager to regain popularity with the relief package, but voters aren't convinced.
An assembly line at Honda Motor's  Performance Manufacturing Center in Marysville, Ohio, in November 2016
BUSINESS / Companies
Nov 11, 2023

Honda will give autoworkers 11% raise after UAW’s big wins

While nonunion automakers race to boost pay and keep the union out of its gates, the UAW is trying to organize foreign-owned factories in the U.S.
US Treasury Secretary Janet Yellen speaks during a news conference in San Francisco on Friday.
BUSINESS / Economy
Nov 11, 2023

U.S. Treasury chief to 'intensify communication' with top Chinese official

U.S. Treasury Secretary Janet Yellen said on Friday that she agreed with Chinese Vice Premier He Lifeng to "intensify communication" on economic issues.
Iranian Supreme Leader Ayatollah Ali Khamenei meets with Hamas' top leader Ismail Haniyeh in Tehran in June. Both men met again in early November during which the former told the latter that Iran would not intervene directly following the Oct. 7 attack on Israel.
WORLD / Politics
Nov 16, 2023

Iran's 'Axis of Resistance' against Israel faces trial by fire

Iran has built a military alliance over four decades to oppose Israeli and American power in the Middle East.
An Apple Store in Shanghai in September
BUSINESS / Tech / FOCUS
Nov 19, 2023

Asian regulators turn focus to Big Tech

Across the region, there are indications that Big Tech may soon have to comply with standards that could become international benchmarks.
Demonstrators protest outside an Indian consulate in Canada on Sept. 25 after Canadian Prime Minister Justin Trudeau raised the prospect of New Delhi's involvement in the murder of a Sikh separatist leader there. Now U.S. officials say they have thwarted a similar plot.
WORLD
Nov 23, 2023

U.S. thwarted plot to kill Sikh separatist in America

The U.S. is treating the plot with utmost seriousness and has raised the issue with the India "at the senior-most levels," the White House said.
British Prime Minister Rishi Sunak speaks during the opening session of the Global Food Security Summit in London on Monday.
WORLD / Politics
Nov 24, 2023

The economy, stupid? Sunak's 'only' chance of re-election

Several resets have failed to claw back support from a resurgent Labour opposition, meaning his party's fortunes hinge on a British economic recovery.
BUSINESS / Companies / FOCUS
Nov 24, 2023

With Azabudai Hills complex, Mori aims to transform Tokyo again

The developer has looked to rectify the capital's perceived weaknesses in a bid to make it more competitive against the likes of London and New York.
Saudi Crown Prince Mohammed Bin Salman welcomes Chinese President Xi Jinping in Riyadh on Dec. 8, 2022.
BUSINESS
Nov 25, 2023

Mideast wealth funds draw greater U.S. scrutiny over China ties

A U.S. committee is reviewing several multibillion dollar deals this year on concerns they could pose national security risks.
Activists dressed up like CEOs take part in a fake banquet near the Eiffel Tower in Paris on Monday where they feign the celebration of company profits over climate responsibility.
COMMENTARY / World
Dec 1, 2023

We already know what will happen at COP28

It’s beyond time to ask whether the COP gatherings work as they should. After all, we’ve had nearly three decades of summits
JAPAN / Politics
Dec 1, 2023

Abe's former faction in focus as LDP political fund scandal deepens

Prosecutors are investigating the faction as part of a scandal involving the alleged underreporting of funds by groups within the ruling party.
North Korean leader Kim Jong Un and his daughter observe an air festival during a visit with the 1st Air Force Division Flying Regiment of the Korean People's Army to commemorate Air Day, at an unknown location on Thursday.
ASIA PACIFIC / Politics
Dec 2, 2023

North Korea says interference in its satellites would be declaration of war

Pyongyang would respond to any U.S. interference in space by eliminating the viability of U.S. spy satellites, state-run media said.
A truck unloads tons of coal inside a warehouse in Tondo, Metro Manila, in 2016. Independent show ample potential for renewables in Japan and Southeast Asia.
ENVIRONMENT / Energy / OUR PLANET
Dec 3, 2023

How Japan's renewable underestimates are impacting Asia's energy transition

Contrary to Japan's stance, independent projections paint a picture in which renewables can power the fast developing region.
Alaska Airlines has announced that it will buy Hawaiian Airlines for $1.9 billion, consolidating its position as the nation's fifth-largest carrier if it can attain regulatory approval.
BUSINESS / Companies
Dec 5, 2023

How Alaska Airlines’ CEO landed deal to buy Hawaiian Airlines

Ben Minicucci spent six months negotiating the purchase of Hawaiian Airlines in a bid to grow his company.
JAPAN / Politics
Dec 5, 2023

Bill for victims' relief in Unification Church case clears Lower House

The bill aims to prevent a religious organization's assets from being transferred overseas so that it can be set aside to provide relief.
BUSINESS / Companies
Dec 6, 2023

Satellite imagery startup iQPS surges 82% in Tokyo debut

The stock opened at ¥860 per share versus its IPO price of ¥390, with trading delayed by nearly five hours due to a glut of buy orders.
BUSINESS / Markets
Dec 8, 2023

Yen extends rally to second day as traders bet on early BOJ hike

The rally in the yen spilled over into a second day as traders wagered that the Bank of Japan will scrap the world’s last negative interest-rate regime much sooner than previously thought.
Tiger Woods laughs at a comment made by Justin Thomas (back) during the PNC Championship in Orlando, Florida, on Saturday.
MORE SPORTS / Golf
Dec 17, 2023

PGA Tour still aims to meet deadline for Saudi alliance, Woods says

The PGA Tour, scrambling to finalize its merger plans ahead of the deadline, has said it would proceed with talks with U.S.-based Strategic Sports Group.
Daihatsu said Wednesday that it will suspend shipments of all vehicle models made in Japan and abroad due to an unfolding scandal over misconduct in its crash tests.
BUSINESS / Companies
Dec 20, 2023

Toyota's Daihatsu to halt shipments as safety scandal widens

The results of an investigation suggest the scope of safety concerns, first disclosed in April, is now far greater than previously thought.
While Magic: The Gathering is popular with card game aficionados the world over, the community in Japan is split along some unexpected lines.
LIFE / Lifestyle
Dec 23, 2023

Diehards and casuals clash in Tokyo’s Magic: The Gathering community

The Commander format is widely popular across Europe and the United States, but Japan’s Magic community hasn’t quite followed the same path.
The SKS Doyles crude oil tanker sails through the Suez Canal on Thursday.
WORLD
Dec 24, 2023

Iran dismisses U.S. intelligence tying it to Red Sea attacks

The White House said that Iran was "deeply involved” in the planning of the Houthi attacks and has supplied weapons, financial support and training.
South Korea's main opposition Democratic Party leader Lee Jae-myung speaks during a news conference in Seoul on April 11.
WORLD
Jan 3, 2024

South Korean opposition leader 'could have been killed': party

Lee Jae-myung, who suffered a wound to his jugular vein, was first taken to a hospital in Busan, then flown to Seoul.

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