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CocoDesk private work booths set up by Fujifilm Business Innovation and Tokyo Metro at a subway station in Tokyo
BUSINESS / Companies
Feb 20, 2024

Demand for private work booths grows in Japan

The increase in the use of private work booths reflects how working styles have become more diverse since the pandemic.
JAPAN / Crime & Legal
Feb 20, 2024

Japan considers revoking permanent resident status of tax dodgers

Immigration authorities are considering revoking the residency status of foreign permanent residents who evade or repeatedly delay paying their taxes.
Teamshares, an American startup, is bringing its employee ownership succession model to Japan in its first overseas foray to offer employees path to buy small businesses.
BUSINESS / Companies
Feb 21, 2024

MUFJ-backed startup gives employees route to take over small firms

The Teamshares model could help 2.45 million small business owners who will be 70 or over by 2025, almost half of whom have yet to identify a successor.
When SoftBank Group founder Masayoshi Son bought Arm in 2016 for $32 billion, he had grand plans for the company to dominate the nascent market for connected devices, also known as the Internet of Things.
COMMENTARY / Japan
Feb 21, 2024

Softbank’s Arm is not the AI play most people think it is

Today, GPUs are the gold standard for AI development and thus the equivalent of toilet paper during the pandemic.
Thailand will seek to get a new cannabis bill explicitly outlawing the recreational use of cannabis approved by the end of October.
ASIA PACIFIC / Crime & Legal
Feb 22, 2024

Thailand aims for clampdown on recreational cannabis by year-end

The move would put thousands of marijuana shops and farms out of business.
An elderly care facility run by Choujukai in Suma, Ishikawa Prefecture
JAPAN
Feb 22, 2024

Elderly care facilities in Noto face labor shortages after quake

The quake prompted closures and downsizing efforts, impacting both staff and residents.
Yurii, 53, and Tetiana, 51, attend a rally of families of Ukrainian prisoners of war  in Kryvyi Rih, Dnipropetrovsk region, Ukraine, on Jan. 21.
WORLD
Feb 22, 2024

How life in Ukraine has been shattered by two years of war

Even in remote villages, signs are everywhere of the two-year-old war that has irrevocably changed the face of Ukraine.
The Nikkei 225 on Thursday broke through a record high set just before the country's asset bubble catastrophically burst in the early 1990s.
COMMENTARY / Japan
Feb 23, 2024

Congratulations Nikkei, now don’t screw it up

Those skeptical of the current boom argue that this is nothing more than a another instance of a once-in-a-decade cycle.
Ukrainian evacuees arrive at Tokyo's Haneda Airport in April 2022.
JAPAN / Society
Feb 24, 2024

90% of Ukrainian evacuees in Japan unwilling to return home

According to the survey of 153 Ukrainian evacuees last month, only 16, or 10.5%, said they would return home immediately if a cease-fire is reached.
Jeff Bezos — the world’s second-richest person, according to the Bloomberg Billionaires Ranking — is investing in a business that’s developing human-like robots.
BUSINESS / Tech
Feb 24, 2024

Bezos and Nvidia join OpenAI in funding humanoid robot startup

The startup Figure AI is raising about $675 million in a funding round that carries a pre-money valuation of roughly $2 billion.
South Korean doctors take part in a protest against the government medical policy in front of the Presidential office in Seoul on Sunday.
ASIA PACIFIC / Society
Feb 26, 2024

Overworked and unheard, South Korean doctors on mass walkout say

"The current medical system in South Korea, which is a great one, is run by making cheap trainee doctors keep grinding."
People read newspapers at a roadside tea stall in Patna, Bihar, India. Newsrooms are being reshaped, journalists say, by India’s richest press barons, many of whom are close to the ruling party and depend on millions of advertising dollars from the government.
ASIA PACIFIC / Politics
Feb 26, 2024

Billionaire press barons are squeezing media freedom in India

Many press barons are close to the ruling party and depend on millions of advertising dollars from the government.
South Korean doctors and other demonstrators march during a protest in Seoul on Sunday.
ASIA PACIFIC / Crime & Legal
Feb 27, 2024

South Korea probing if woman’s death linked to doctor walkout

More than 9,000 of the country’s roughly 13,000 trainee doctors, who play a key role in emergency care, have walked off their jobs in labor action.
Apple started working on a car around 2014, setting its sights on a fully autonomous electric vehicle with a limousine-like interior and voice-guided navigation.
BUSINESS / Tech
Feb 28, 2024

Apple to wind down electric car effort after decadelong odyssey

Many employees on the team will be reassigned to focus on generative artificial intelligence projects, an increasingly key priority for the company.
An employee at the Apita Kisarazu shopping mall in Kisarazu, Chiba Prefecture. Pan Pacific International Holdings, the parent company of the firm that operates Apita, abolished its rules on hair color in 2022 following requests by its employees.
BUSINESS / Companies
Feb 28, 2024

Japan's retailers and restaurants ease dress codes amid labor shortage

More and more companies have abolished in-house rules prohibiting colored hair and piercings to help with hiring and retain staff.
An employee organizes baby supplies at a store in Siheung, South Korea, on Tuesday. A lack of babies is speeding up the aging of South Korean society, generating concerns about the growing fiscal burden of public pensions and healthcare.
ASIA PACIFIC / Society
Feb 28, 2024

South Korea keeps shattering its own record for lowest fertility rate

The number of babies expected per woman in a lifetime fell to 0.72 last year from 0.78 in 2022.
There is a global trend toward economic bifurcation with the U.S. and China leading the charge — and multinational solutions are needed to address the new challenges.
COMMENTARY
Feb 28, 2024

The inexorable movement toward a divided global economy

Efforts to protect national economies from threats require multinational solutions. Chains are only as strong as their weakest link.
Even if a solution for peace is found to end the conflict between Hamas and Israel, any transitional authority will need to reckon with the militant group's large footprint in Gaza.
COMMENTARY / World
Feb 28, 2024

A total 'de-Hamasification' of Gaza may be a bad idea

A peace plan needs to reckon with many difficult questions: Who will rebuild Gaza; who will pay for reconstruction and who will adjudicate any war crimes.
Starbucks workers hold a rally in New York City in 2022.
BUSINESS / Companies
Feb 29, 2024

Starbucks' pivot on union may shape labor relations beyond its stores

The iconic coffee chain has been locked in a bitter, high-profile and multifront battle with the union across the U.S. since its first win in 2021.
Demonstrators gather during a protest in Seoul on Sunday.
ASIA PACIFIC / Society
Feb 29, 2024

South Korea seeks first talks with doctors as deadline looms

The Health and Welfare Ministry said it has proposed having talks to address the 10-day walkout by about 9,000 trainee doctors.
Japan's unemployment rate fell to 2.4% in January from 2.5% in the previous month, with economists suggesting that the current recession is making firms hesitant to increase job postings.
BUSINESS / Economy
Mar 1, 2024

Japan’s tight labor market to keep upward pressure on wages

The unemployment rate fell to 2.4% from a revised 2.5% a month earlier, the internal affairs ministry reported Friday.
Business is booming for Japan's top airlines as the weak yen spurs the arrival of more foreign visitors, while local demand for international trips and domestic routes remains high.
BUSINESS
Mar 1, 2024

Japan’s top airlines to hire 3,700 workers in the next year

Business for the airlines is booming as the weak yen spurs the arrival of more foreign visitors.
Former U.S. President Donald Trump speaks during a campaign rally in Richmond, Virginia, on Saturday.
WORLD / Politics / FOCUS
Mar 3, 2024

How big primary wins are cloaking flaws in Trump re-election bid

The 77-year-old has been hemorrhaging moderate Republicans, who have signaled they'd prefer someone else — anyone else — in the Oval Office.
Doctors on Sunday lead thousands of protesters in a rally in Seoul demanding the government to scrap its plan to increase medical school enrollment.
ASIA PACIFIC / Crime & Legal
Mar 4, 2024

South Korea to start legal steps to punish doctors in walkout

The health ministry said on its website that some of the doctors in the collective action have been ordered back to work — a procedural first step.
Shiseido is aiming to cut about 1,500 jobs in Japan through early retirement program.
BUSINESS / Companies
Mar 4, 2024

Outliers in Japanese stocks’ bull run under pressure to downsize

A rising number of blue-chip Japanese companies are cutting staff — a move that used to be seen as a last resort.
SMBC Nikko Securities has set up an alumni organization for former employees to interact and share their experiences.
BUSINESS / Companies / FOCUS
Mar 4, 2024

As more move midcareer, Japan firms tap former hires with alumni networks

As well as seeking business opportunities, companies also recognize the value of rehiring individuals with expertise and skills gained elsewhere.
The Fair Trade Commission will demand Nissan take measures to prevent a recurrence of unfair reductions in payments to subcontracting auto parts makers.
BUSINESS / Companies
Mar 4, 2024

Japan FTC to warn Nissan over payments to parts suppliers

The reductions are estimated to total about ¥3 billion for more than 30 suppliers over the past several years.
Nippon Steel Executive Vice President Takahiro Mori, who is set to meet the United Steelworkers (USW) union chief this month, says the Japanese steel producer plans to uphold all of the current agreements between the union and U.S. Steel.
BUSINESS / Companies
Mar 5, 2024

Nippon Steel exec to meet USW head to seek support for U.S. Steel deal

Winning the union's backing is a priority for the Japanese steel producer because then the acquisition will be "no longer a political issue."
Japan's service sector activity expanded in February, thanks to continued strong demand for inbound tourism.
BUSINESS / Economy
Mar 5, 2024

Japan's service activity grows on firm tourism

Inbound tourism is an important part of Japan's economy, with annual visitor spending exceeding ¥5 trillion for the first time last year.
A woman peels sugar cane on a railway track to sell it to sugar cane juice vendors in a slum area in Kolkata.
ASIA PACIFIC / Society
Mar 7, 2024

Climate migrants in India have hysterectomies to keep working: report

The move helps women ensure that periods or pregnancy don't stop them from working.

Longform

Ichiro Suzuki, one of the most iconic players in NPB and MLB history, was elected to the Baseball Hall of Fame with 99.7% of the vote.
With Hall of Fame induction, Ichiro makes himself heard loud and clear