Search - business

 
 
The community pool is a great place for exercise and meeting your neighbors.
COMMUNITY / Voices / FOREIGN AGENDA
Jul 31, 2023

Figuring out the rules at a Japanese community pool can be an ongoing education

If you’re headed for the community pool, be prepared: Japanese pool rules are an ongoing education.
Nissan will adopt Tesla's electric-vehicle charging technology in the U.S. and Canada, becoming the first Japanese carmaker to take up the technology.
BUSINESS / Companies
Jul 20, 2023

Nissan to adopt Tesla EV-charging design from 2025 in U.S. and Canada

Starting in 2025, the firm will equip its electric vehicles with the Tesla-developed North American Charging Standard (NACS) port.
Rengo members cheer during their annual May Day rally to demand higher pay and better working conditions, in Tokyo on April 29.
BUSINESS
Jul 21, 2023

Japanese unions urge employers to continue wage hikes next year and beyond

Rengo made the demand as it reviewed the results of its annual spring wage talks that concluded earlier this month, which saw major companies agree to the largest raises in 30 years.
Residential buildings in the Kachidoki area of Tokyo. The average unit price of newly supplied condominiums in the greater Tokyo area in the first six months of this year reached the highest level for the six-month period due to rising material and labor costs and higher land prices.
BUSINESS
Jul 21, 2023

Tokyo's new condo prices surge 60% to a record in first half of year

The average price of a new apartment in central Tokyo jumped 60% to ¥129.6 million ($930,000) in the January to June period.
The No. 1 Poultry building, left, in the City of London
BUSINESS
Jul 20, 2023

South Korean investors stung as bet on offices in financial centers turns sour

With a growing need for environmental credentials for corporate renters and downsizing due to the pandemic, office real-estate markets are seeing a "flight to quality" — leaving some exposed
The financial district of San Francisco in May 2022
BUSINESS
Jul 20, 2023

Not all firms are ready for a four-day week — yet, says expert

The largest-ever trial of the four-day work week found that most U.K. businesses participating don’t want to return to the five-day standard.
Tony Bennett at the Apollo Theater in the Harlem neighborhood of New York in 1997
CULTURE / Music
Jul 21, 2023

Tony Bennett, masterful stylist of American musical standards, dies at 96

Bennett vaulted to fame in the early 1950s with a string of emotional hits, including "The Boulevard of Broken Dreams," "Because of You" and "Blue Velvet."
Director Hirobumi Watanabe (second from left) stars alongside his brother Yuji (far right), who has served as composer on all of his films, in his new feature “Techno Brothers,” which follows a sibling trio on the road to Tokyo to find success in the music business.
CULTURE / Film
Jul 21, 2023

Foolish Piggies Films keeps humor at its heart

Indie director Hirobumi Watanabe looks back on 10 years of making distinctive, micro-budget films with his brother and seeking out new challenges on and off screen.
The Central Business District on a rainy day in Beijing. Both U.S. and European companies with exposure to China could be hit by its sluggish growth as its post-COVID-19 momentum has faltered rapidly.
BUSINESS / Economy
Jul 21, 2023

China's sagging economy looms over quarterly results around the world

Both U.S. and European companies with exposure to China could be hit by that economy's sluggish growth as its post-COVID momentum has faltered rapidly.
BUSINESS / Companies
Jul 22, 2023

Toyota eyes lunar rover powered by regenerative fuel-cell tech

Toyota has teamed up with JAXA since 2019 to develop the manned lunar rover — which it dubbed the Lunar Cruiser — that they hope can be put on the moon in 2029.
Icons of Google's Artificial Intelligence app BardAI (or ChatBot), OpenAI's app ChatGPT and other AI apps are displayed on a smartphone screen.
BUSINESS / Tech
Jul 20, 2023

Google tests AI tool that is able to write news articles

Some executives who saw Google’s pitch described it as unsettling, and two people said it seemed to take for granted the effort that went into producing accurate and artful news stories.
Nikko Asset Management is ditching its bearish view on the yen, and now has a ¥135 target against the dollar by year-end.
BUSINESS / Markets
Jul 20, 2023

Nikko Asset shifts to bullish yen slant as Ueda bides his time

The shift in his view highlights potential upside for the yen, where inflation-adjusted interest rates have exacerbated its decline to multidecade lows.
A friendly between England and the United States drew a crowd of 78,000 at Wembley Stadium on Oct. 7, 2022.
SPORTS
Jul 20, 2023

Women's sports experiencing steady growth in popularity and value

Women's sports are growing in popularity and value. Better yet, that growth is no longer dependent upon quadrennial events like the Olympics or World Cups.
An accommodation center for refugees from Ukraine in Berlin in May
WORLD / Society
Jul 21, 2023

Europe struggles to convert Ukraine migration into labor boon

Obstacles ranging from lack of child care facilities to reluctance to recognize non-European academic and vocational qualifications has left vacancies unfilled.
The hack of a U.S. IT management company shows how North Korean cyber spies are now tackling companies that can give them broader access to multiple victims downstream — a tactic known as a "supply chain attack."
WORLD
Jul 21, 2023

North Korean hackers breached U.S. IT company in bid to steal cryptocurrency

The hack shows how North Korean cyber spies are now tackling companies that can give them broader access to multiple victims downstream.
BUSINESS / Economy
Jul 20, 2023

Japan cuts growth forecast and projects inflation over 2% BOJ target

The estimates come ahead of a Bank of Japan policy meeting next week, set to be closely watched amid market expectations the bank will soon phase out its massive stimulus program.
The Cards series of aluminum statement earrings, designed by Kanako Matsuo and manufactured by Marushin Industrial Co. Ltd’s in-house brand Alart, each comprise five pieces that can be hung on loops in any combination.
LIFE / Style & Design
Jul 22, 2023

Summer is the season of playful design debuts

June's Interior Lifestyle Tokyo international trade fair was filled with objects designed to spark a little joy in life.
On July 17, Jiyugaoka in western Tokyo held its summer Bon Odori Festival for the first time in four years. While the pandemic spelled the end of the road for some longstanding local events, others weathered the storm.
CULTURE / Longform
Jul 24, 2023

Fate of the fete: Japan’s matsuri fight to survive

While COVID-19 was the final nail in the coffin for many of the country's smaller festivals, others have clung on and are making a determined comeback this year.
A farmer works in an irrigated field near the village of Botor, Somaliland in April 2016. This year’s El Nino is set to be particularly severe as it coincides with record global temperatures.
BUSINESS / Markets
Jul 24, 2023

El Nino threat looks underpriced as emerging-market bonds rally

The weather pattern typically results in hotter, drier conditions and therefore higher food prices in affected nations, giving policymakers more reason to keep pushing up borrowing costs.
TikTok is in a race to dominate e-commerce in Southeast Asia.
BUSINESS
Jul 24, 2023

TikTok steps up Southeast Asia presence amid e-commerce push

As the company intermingles social media and e-commerce, it is betting that this vision of shopping will knock aside rivals in the region.
BASEBALL / Japanese Baseball
Jul 24, 2023

Takahiro Arai helps Carp surge back into pennant race in first season in dugout

The return of former star player Takahiro Arai as manager as energized the Carp.
Professor Mutsuko Tendo (right) teaches a class in career development theory at Miyagi Gakuin Women’s University.
JAPAN / Society
Jul 24, 2023

Women’s universities in Tohoku seeking to survive with distinctive education

Women's colleges had long been regarded as schools with a focus on home economics and liberal arts, but some are now reorganizing their programs in a bid to attract students.
Japanese retail investors have increased bets on volatile currencies.
BUSINESS / Markets
Jul 24, 2023

Japan’s mom-and-pop traders boost emerging-market currency bets

Japanese retail investors have increased bets on volatile currencies.
The engine of a Toyota Motor's Mirai hydrogen fuel cell vehicle
BUSINESS / Companies
Jul 25, 2023

Taxi firm’s hydrogen cell experience highlights fuel’s pitfalls

It’s not that there’s anything wrong specifically with the cars, good looking midsized sedans with Lexus-level luxury. Rather, it’s the high cost of hydrogen.
Bank of Japan Gov. Kazuo Ueda has repeatedly pushed back against the idea that a major pivot on policy is looming by emphasizing his doubts about the sustainability of price rises.
BUSINESS / Economy
Jul 25, 2023

BOJ set to stick with easing as markets see clock ticking on yield control

Since taking the helm in April, Gov. Kazuo Ueda has repeatedly pushed back against the idea that a major pivot on policy is looming.
The company formerly known as Twitter could face myriad legal issues defending its X brand in the future.
BUSINESS
Jul 25, 2023

The problem with X? Meta, Microsoft, hundreds more own trademarks to new Twitter name

Billionaire Elon Musk renamed the social media platform as X on Monday, unveiling a new logo: a stylized black-and-white version of the letter.
The Kiyomizu temple in Kyoto. Tourists are flocking to Kyoto and other popular spots in Japan, highlighting the country's severe shortage of hotel staff.
BUSINESS / Economy
Jul 25, 2023

As tourism booms, Japan struggles with labor shortages and weary locals

The return of tourists has given the country a boost, but it has also highlighted several issues, including a severe lack of hotel staff.
Ukrainian President Volodymyr Zelenskyy holds a news conference during a NATO leaders summit in Vilnius, Lithuania, on July 12.
COMMENTARY / Geoeconomic Briefing
Jul 27, 2023

Volodymyr Zelenskyy: From a weak anti-war leader to a symbol of the fight for liberation

Shifting away from direct negotiations with Russian President Vladimir Putin, Ukraine's leader has called for weapons and galvanized national unity in the face of war.
The expansionist era is over for Taiwan's life insurance industry.
BUSINESS
Jul 27, 2023

U.S. interest rate hikes haunt Taiwan’s $1 trillion life insurance industry

Over the past year, local regulators have repeatedly loosened operating rules after a cocktail of unrealized investment losses.
Veteran Japanese investors are split over whether to put their money into Chinese bonds.
BUSINESS / Markets
Jul 27, 2023

Friends who help manage $640 billion clash on China bonds

While they’ve been friends for at least a decade, their take on trading China bonds couldn’t be more diametrically opposed.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami