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An electric monitor displays the yen exchange rate against the U.S. dollar and the Nikkei share average outside a brokerage in Tokyo on Wednesday.
BUSINESS / Economy
Oct 6, 2023

Japan's re-defined intervention trigger may slow yen bears

The new interpretation of "excessive" yen volatility is aimed at keeping investors on guard rather than lowering the threshold for intervention.
OpenAI CEO Sam Altman
BUSINESS / Companies
Oct 6, 2023

ChatGPT-owner OpenAI is exploring making its own AI chips: sources

Obstacles include a shortage of the advanced processors and the 'eye-watering' costs associated with running the hardware.
JAPAN
Oct 6, 2023

Japan to give shopping points to promote outside door delivery

The project is the centerpiece of the government's emergency policy package to address a looming shortage of truck drivers due to tighter overtime caps.
A Jera thermal power plant
BUSINESS / Companies
Oct 6, 2023

Japan climate group calls for ban on top power firm's emission claims

The group says the ads may mislead consumers as Jera fails to mention that the ammonia the utility plans to use would emit CO2 during production.
LIFE / Language / BILINGUAL
Oct 6, 2023

A year after borders fully opened, tourism vocab is also back

After tourists fully returned to Japan last October, so did a term we hadn't heard since before the pandemic: overtourism.
Arm CEO Rene Haas participates in the opening bell ceremony at the Nasdaq exchange in New York on Sept. 14 as the chip design firm holds an initial public offering.
BUSINESS / Markets
Oct 6, 2023

SoftBank’s Arm faces Wall Street scrutiny after massive IPO

Arm Holdings raised $4.87 billion last month in the largest IPO on a U.S. exchange since November 2021.
Ecuadorean presidential candidate Fernando Villavicencio speaks during a campaign rally in Quito on Aug. 9. He was killed later that month.
WORLD
Oct 7, 2023

Six suspects in assassination of Ecuador candidate murdered in prison

Fernando Villavicencio, a prominent journalist, was gunned down less than two weeks before the first round of the general election.
Artemis II moon mission crew members Victor Glover, Reid Wiseman, Jeremy Hansen and Christina Koch pose for photographs after taking part in a news conference with NASA Administrator Bill Nelson and U.S. Sen. Mark Kelly outside the U.S. Capitol in Washington on May 18.
WORLD / Science & Health / ANALYSIS
Oct 8, 2023

Geopolitics in space: Why great powers are scrambling for the moon

A new space race — pitting the U.S. and its partners against China and Russia — is expected to have significant implications.
Japan's women's volleyball team celebrates its silver medal during the podium ceremony at the Asian Games in Hangzhou, China, on Saturday.
OLYMPICS
Oct 8, 2023

Japan looks to youth at Paris Olympics after mixed Asian Games

Japan is looking to its young talent to impress at next year's Paris Olympics after finishing a distant second in the Asian Games medals table to host China.
BUSINESS
Oct 8, 2023

Australia vows stable energy exports to Japan amid emissions cut

Australia has worked to strengthen its policies to tackle climate change, including mandating emissions cuts of 43% from 2005 levels by 2030.
Since Prime Minister Fumio Kishida launched his administration in 2021, he has vowed to boost spending by trillions of yen to tackle some deep-rooted issues. But how exactly the government will fund such efforts remains unclear.
JAPAN / Politics
Oct 8, 2023

Private group calls for independent body to monitor long-term fiscal policy

The proposal suggests future projections can help citizens think more seriously about how fiscal matters could affect future generations.
A Korean Air passenger jet takes off from Incheon International Airport.
BUSINESS
Oct 9, 2023

South Korean airlines to boost number of flights to Japanese cities

According to an estimate by the Japan National Tourism Organization, 569,100 South Koreans visited Japan in August, up about 20 times from a year before.
Bank of Japan Gov. Kazuo Ueda speaks during a news conference at the central bank's headquarters in Tokyo in September.
BUSINESS / Economy
Oct 9, 2023

Wage hikes key for BOJ policy normalization

Wage growth trends during next year's spring labor-management negotiations will be closely watched for indicators.
Scallops shipped from Hokkaido are served at the Anuga food trade fair held in Cologne, Germany, on Saturday.
JAPAN
Oct 9, 2023

Snubbed by China, Japan tries to sell Europe on its seafood

The scallop industry was hit particularly hard, as Japanese exports to China in August fell 71.3% from a year earlier.
U.S. economist Claudia Goldin is only the third woman to be awarded the Nobel economics prize.
WORLD
Oct 10, 2023

Gender gap economist Claudia Goldin wins Nobel prize

Exploring the origins of the gender gap in labor markets, Goldin is only the third woman to win the Nobel economics prize.
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.
Los Angeles 2028 organizers have recommended five "new" sports for inclusion in their edition of the Summer Games.
OLYMPICS
Oct 10, 2023

Cricket among proposed new sports for 2028 Los Angeles Games

The choice of the sports still needs approval from the International Olympic Committee.
An online banking system used by 11 banks including MUFG Bank and Resona Bank has been disrupted by a glitch, impacting transfers, the Japanese Bankers Association has said.
BUSINESS / Companies
Oct 10, 2023

Glitch at Japan's clearing system prevents transfers at 11 banks

It's not clear when it will be possible to restore the system, the Japanese Bankers Association has said.
Hackers have attacked the Philippines’ state health insurer, which didn’t have cyber protection software, leaving the data of millions of the country's citizens vulnerable.
BUSINESS / Companies
Oct 10, 2023

Hacked Philippine health insurer had no cyber protection software

The lapse, partly caused by a change in procurement processes, adds to a series of attacks on Philippine government agencies.
BUSINESS
Oct 11, 2023

Disruption of Japan's payments clearing network continues

The issue affecting 11 lenders, including MUFG Bank, has disrupted at least 1.4 million transactions.
BUSINESS
Oct 11, 2023

Carbon pricing platform kicks off at Tokyo Stock Exchange

More than 180 organizations, including oil firms and regional banks, have decided to participate in the platform.
Israeli flags flutter at Ofer Park in Petah Tikva, Israel.
BUSINESS / Tech / FOCUS
Oct 11, 2023

War threatens funding recovery in Israel's vital tech industry

A global slowdown and the Israeli government's divisive judicial reforms had prompted a sharp drop in funding earlier this year.
Caroline Ellison (left), former chief executive officer of Alameda Research LLC, exits court in New York on Tuesday. Her ex-boyfriend and former boss, FTX Co-Founder Sam Bankman-Fried, is charged with seven counts of fraud and money laundering following the collapse of his cryptocurrency empire last year.
BUSINESS / Companies
Oct 11, 2023

Sam Bankman-Fried's ex says he directed her to commit crimes

In her first day of testimony, Caroline Ellison, 28, portrayed Sam Bankman-Fried as the brains behind fraudulent operations at FTX.
Fundamentals bode well for financial firms amid speculation the Bank of Japan will move toward ending negative rates, with banks and insurers among the best performers on the Topix, climbing more than 30% since the start of April.
BUSINESS / Markets
Oct 11, 2023

Buffett watchers tout Japan financial firms as next value play

The famed U.S. investor is known for taking long-term stakes in companies with low valuations, which many Japanese insurers and banks have.
Elon Musk, CEO of SpaceX and Tesla and owner of social media site X, attends the Viva Technology conference in Paris in June.
BUSINESS / Tech
Oct 11, 2023

EU warns Musk over 'illegal' disinformation on X after Israel attack

Everything from video game and movie clips to old images of conflicts are being used to push false narratives across Elon Musk's platform.
The Seagram Building in New York on April 24. Three years into a mass workplace experiment, we are beginning to understand more about how work from home is reshaping workers’ lives and the economy.
BUSINESS / Companies
Oct 11, 2023

Here’s what we do and don’t know about the effects of remote work

Over three years since the pandemic forced many to telework, studies of productivity in work-from-home arrangements are all over the map.
A Molten basketball designed exclusively for the 2023 World Cup finals
BUSINESS
Oct 11, 2023

World Cup feat spurs basketball merchandise sales in Japan

The number of junior and senior high school students taking basketball lesson courses is also experiencing a sharp increase.
JAPAN / Society
Oct 11, 2023

Johnny's denies that it was involved in reporter blacklisting

The agency responded to the backlash that arose over a journalist blacklist for a news conference addressing sexual abuse allegations by its late founder.
OpenAI chief executive officer Sam Altman speaks during a forum in Taipei on Sept. 25.
BUSINESS / Tech
Oct 12, 2023

OpenAI plans major updates to lure developers with lower costs

The new features mark the company's ambition to expand beyond a consumer sensation into one also offering a hit developer platform.
Some of the most popular influencers can amass small fortunes before they're 18, but there are few legal protections to ensure their earnings remain their own.
BUSINESS / Companies
Oct 12, 2023

Child influencers make big money. Who gets it?

"I’m terrified to share my name because a digital footprint I had no control over exists."

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight