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A lack of comprehensive consumption — and inflation — data makes it impossible to get an accurate picture of India's poverty.
COMMENTARY / World
Mar 21, 2024

India’s poor will not be wished away

Poverty remains deeply entrenched in India and appears to have increased significantly.
A coal-fired power plant in Shanghai in October 2021. For years, analysts expected coal production to plateau after it hit a then-record in 2013. Then came 2021, when power shortages in China set Beijing on a path to order more mining to ensure energy security.
ENVIRONMENT / Energy
Mar 24, 2024

Coal, the dirtiest fossil fuel, is preparing for a long goodbye

Output hit a record last year, and producers expect a future where coal will be required to balance renewable energy for decades.
Some 43% of Gen Z and 41% of millennials say they suffer from a flawed perception of their finances.
COMMENTARY / World
Mar 24, 2024

'Money dysmorphia' traps the younger generations

Some 43% of Gen Z and 41% of millennials say they suffer from a flawed perception of their finances.
BASKETBALL
Mar 25, 2024

Basketball star thrives on court again after putting herself first

Evelyn Mawuli is helping to normalize career breaks for reasons other than physical health.
The Central business district of Hong Kong. Hong Kong IPOs have dried up as stock prices slump and economic prospects wane.
BUSINESS
Mar 25, 2024

Once high-flying bankers in Hong Kong become a lost generation

The damage is underscored by the barrage of layoffs, the retreat of global capital, and the city’s diminishing role as an international financial center.
BOJ Gov. Kazuo Ueda takes questions during a news conference. The bank's monetary policy overhaul announced last week was known by some Japanese media before it was made public.
COMMENTARY / Japan
Mar 25, 2024

The BOJ has sprung a leak. Japan must investigate.

The bank's policy of disclosing information selectively to certain media is harmful and needs to be looked into, as slip-ups in other countries show.
Though renewable energy can significantly reduce carbon emissions, if growth remains the global economic imperative, increased energy use will prevent us from reaching decarbonization goals.
COMMENTARY / Japan
Mar 25, 2024

A call for economic degrowth

To achieve the systemic change needed to tackle the climate crisis, we must abandon GDP as the measure of social progress. This is what degrowth calls for.
Two people try to take a selfie under the illuminated cherry blossoms in Kyoto’s Gion district last year.
PODCAST / deep dive
Mar 25, 2024

Sakura stories revisited: Getting in the mood for hanami

We are revisiting some past content on the science, economics and culture of cherry blossom season.
International bankers in Tokyo say their compensation remain a fraction of pay in other financial hubs despite booming markets in Japan.
BUSINESS / Companies
Mar 26, 2024

Bonuses at Japan's global banks underwhelm despite booming markets

Bonuses at international investment banks fell by about 10% on average in Tokyo for 2023, bankers and recruiters have said.
Jacky Im, Elizabeth Chan and Kate Maco are the founders of Neptune Robotics, a firm building robots that remove debris from the hulls of ships to improve fuel efficiency and reduce emissions.
BUSINESS / Tech
Mar 27, 2024

Underwater robots offering practical route to greener shipping

Technology that removes the algae, barnacles and debris that accumulate on ships' hulls can reduce drag and improve fuel efficiency.
BUSINESS / Companies
Mar 27, 2024

About 70% of firms in Japan now offer employment-linked internships

Companies in Japan were newly allowed to offer employment-linked internships starting from their recruitment drive for students graduating in spring 2025.
An online army of Chinese nationalists have taken it upon themselves to punish perceived insults to the country — including from some of China’s leading business figures.
ASIA PACIFIC / Politics
Mar 27, 2024

Why are China’s nationalists attacking the country’s heroes?

Many of the grievances seem to be fueled by discontent over China’s economic malaise, potentially making it harder for authorities to quell public anger.
Williams' Alexander Albon drives during the Australian Formula One Grand Prix in Melbourne on Sunday.
MORE SPORTS / Auto Racing
Mar 29, 2024

Williams will have two cars but still no spare in Japan

Team principal James Vowles said that both Williams drivers would be racing at Suzuka.
California’s share of U.S. wine production, around 90% in the 1990s and 2000s, dropped below 80% for the first time on record in 2022.
COMMENTARY / World
Mar 27, 2024

Who will save the U.S. wine industry? Not California boomers.

California’s share of U.S. wine production, around 90% in the 1990s and 2000s, dropped below 80% for the first time on record in 2022.
U.S. Vice President Kamala Harris delivers remarks at the Chavis Community Center in Raleigh, North Carolina, on Tuesday.
WORLD / Politics / FOCUS
Mar 30, 2024

Kamala Harris pushes the envelope as Biden struggles with some Democrats

The U.S. vice president's new role is seen as part of a high-profile effort to persuade the fractious coalition of voters to give them a second term.
Cranes begin the clean-up of the collapsed Francis Scott Key Bridge and the container ship Dali in Baltimore, Maryland, on Saturday.
WORLD
Mar 31, 2024

Salvage crews work to lift first piece of collapsed Baltimore bridge

Five days after the tragedy, the jobs of some 15,000 people whose work revolves around daily port operation are on hold.
Under the revised labor standards law, annual overtime will be capped at 960 hours for truck drivers and 720 hours for construction workers.
JAPAN
Mar 31, 2024

New work-style reform measures kick off in Japan

It is feared the new caps will cause shortages of workers, making it difficult to maintain services.
A site in Chiyoda Ward, Tokyo, that formerly belonged to the British Embassy, was discovered to have artifacts and dwellings from the city's past.
JAPAN / History / Longform
Apr 1, 2024

The complications in digging up Tokyo's ancient past

When traces of history are found at construction sites, businesses need to sport the cost of removing them. But then, the build goes on.
Tadashi Imai, who became Nippon Steel's new president on Monday
BUSINESS / Companies
Apr 1, 2024

Nippon Steel emphasizes its roots in the U.S. as it pursues deal

The Japanese firm has agreed to buy U.S. Steel for roughly $15 billion but the deal faces an uphill battle to approval in a U.S. election year.
New regulations took effect this month to cap the working hours of hospital doctors, with the health ministry also specifying that hours spent on duties and self-development directly associated with education and research should be considered work hours.
JAPAN / Society
Apr 1, 2024

Japan starts work style reform to cap doctors' overtime

Medical services in Japan have historically relied to some extent on the self-sacrifice of doctors.
As they enter the workforce, the young employees who grew up texting one another have their own rules for communicating.
LIFE / Language / BILINGUAL
Apr 2, 2024

Fear of a full stop? Young Japanese say drop the period in your texts.

In addition to "maruhara," or "period harassment," younger employees want to cut down on the unnecessary emails that are a part of work culture.
A customer walks past a display for Nintendo's Super Mario at an electronics store in Tokyo on Jan. 12. Last year, Nintendo increased salaries, in part to be competitive with other studios.
BUSINESS
Apr 2, 2024

Japan’s game industry weathers the storm amid layoffs worldwide

The country's studios are actually scrambling to attract and retain talent — a state of affairs that is symptomatic of the nation’s demographic challenges.
Ayuko Kato, minister for policies related to children, speaks at a parliament session on Monday.
JAPAN / Politics / FOCUS
Apr 2, 2024

One year on, Japan's children agency struggles to show leadership

The agency is facing challenges to demonstrate leadership, unable to move forward with unprecedented measures to combat the declining birthrate.
The Asaichi Dori morning market area in Wajima, Ishikawa Prefecture, on Monday
JAPAN / Society
Apr 2, 2024

Three months after Noto quake, victims voice mixed feelings

While some local businesses have reopened, the streets are quiet and the future remains difficult to envision.
Ride-sharing apps on a smartphone. Since Monday, users have technically been able to hail private vehicles through such apps, but only in specific areas and at certain times.
BUSINESS / EXPLAINER
Apr 2, 2024

Japan has started private ride-hailing services. Here’s how they work.

Private drivers can only be called during times of high demand and in certain areas.
People wait to collect drinking water on March 14 amid an ongoing water crisis in Bengaluru, which has been hit by drought.
COMMENTARY / World
Apr 2, 2024

India’s most innovative cities are running out of water

Drought is crippling India's tech hubs of Bengaluru and Hyderabad, casting a dark shadow on these cities' attractiveness in the era of climate change.
Workers at a factory in the town of Sriperumbudur, in the Indian state of Tamil Nadu, on Jan. 3. Prime Minister Narendra Modi has kept India on its swift upward path among the world’s largest economies. Many Indians are better off, though wealth gaps have widened.
WORLD / Politics
Apr 3, 2024

What 10 years of Modi rule has meant for India’s economy

The value of India’s stock market has tripled since the prime minister took office and its economy has almost doubled — but gains have been widely unequal.
Former Vice Finance Minister for International Affairs Tatsuo Yamasaki previously warned of the possibility of a looming currency intervention two days before Japan entered markets in September 2022.
BUSINESS / Markets
Apr 3, 2024

Ex-finance official who warned of Japan's 2022 yen intervention sounds alarm

"Officials wouldn’t have issued such strong warnings unless they were prepared.” said Tatsuo Yamasaki, a former vice minister overseeing the yen.
A woman views the National COVID-19 Memorial Wall, a dedication of thousands of hand-painted hearts and messages for those in the U.K. who have died from COVID-19, in London on Jan. 9, 2022.
WORLD / Science & Health
Apr 3, 2024

Countries worldwide face extra round of talks to save pandemic accord

A planned final round of negotiations missed its target of finishing the accord ready for its adoption by the World Health Organization at the end of May.
Tim Cook, CEO of Apple, during the Apple Worldwide Developers Conference in Cupertino, California, on June 5, 2023
BUSINESS / Companies
Apr 4, 2024

Apple shifts focus from EV to home robotics as ‘next big thing’

Apple’s pursuit of the "next big thing” has been an obsession since the Steve Jobs era, but it’s hard to envision a product that could match the iPhone.

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