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Many of Japan’s largest businesses are exporters that benefit from a weaker yen.
BUSINESS / Companies
Oct 30, 2023

Japan’s biggest firms set for $9.3 billion bonanza from weak yen

Many of Japan’s largest businesses are exporters that benefit from a weaker yen.
A rally in support of Israel is held in Tokyo on Oct. 11 during which participants, including Israelis living in Japan, demanded the immediate release of all hostages captured by Hamas during its Oct. 7 attack on Israel.
COMMENTARY / World
Oct 30, 2023

A primer on the Israel-Hamas war


Japan's image of Israel is shallow and distorted, as many people fail to understand the existential threat that Hamas' aggression poses.
Shibuya's local government has mounted a campaign to dissuade revelers from visiting the neighborhood for Halloween celebrations and has banned drinking in the streets.
COMMENTARY / Japan
Oct 30, 2023

Shibuya wants to cancel Halloween. That's a mistake.

This year, Shibuya isn't dressing up for Halloween. The neighborhood is turning revelers away, ignoring its role as a youth culture hub.
A judge has decided to evict former Nissan boss Carlos Ghosn from his residence in the Lebanese capital, a judicial source has said, about four years after an investment firm accused him of "trespassing."
BUSINESS
Oct 30, 2023

Lebanon court orders Carlos Ghosn out of Beirut home

Phoinos Investment, to which the home in the Lebanese capital is registered, has accused the former Nissan boss of "trespassing."
Bungie, the Sony-owned game studio behind Destiny 2, has cut an undisclosed number of staffers amid restructuring of Sony's video game operations.
BUSINESS / Companies
Oct 31, 2023

Sony’s Bungie game unit cuts staff following delayed titles

Sony, which purchased Bungie in early 2022 for $3.6 billion, has been cutting staff across its PlayStation division this year, in part due to delays.
Striking United Auto Workers union members embrace at the end of their picket shift outside the Ford Assembly Plant in Wayne, Michigan, on Wednesday.
BUSINESS / Companies
Oct 31, 2023

UAW reaches deal with GM, ending strike against Detroit carmakers

Some analysts have said recent deals will place the Detroit Three at a disadvantage compared with Tesla and foreign brands such as Toyota.
Israeli Prime Minister Benjamin Netanyahu attends a press conference at the Kirya military base in Tel Aviv on Saturday.
WORLD / Politics
Oct 31, 2023

Netanyahu's ‘Mr. Security’ image fades as rivals want him out

Opponents say Netanyahu failed spectacularly by ignoring Hamas’ true intentions.
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.
Japan's industrial output increased a smaller-than-expected 0.2% in September.
BUSINESS / Economy
Oct 31, 2023

Japan's September industrial production growth misses consensus

Factory output increased 0.2% from a month earlier, missing economist expectations of a 2.5% gain.
Texas Rangers relief pitcher Jose Leclerc (left) and catcher Jonah Heim celebrate after defeating the Arizona Diamondbacks in Game 3 of the World Series at Chase Field in Phoenix on Monday.
BASEBALL / MLB
Oct 31, 2023

Rangers bounce back to down Diamondbacks and lead World Series

The Rangers suffered an early blow when starter Max Scherzer was pulled from the mound after just 36 scoreless pitches with an apparent back injury.
The Powerchip Semiconductor Manufacturing Corp. headquarters in Taiwan
BUSINESS / Companies
Oct 31, 2023

Taiwan's Powerchip chooses Miyagi Prefecture for $5.4 billion fab

The fab will manufacture chips in the 28-nanometer, 40-nm and 55-nm categories with a planned monthly output of 40,000 wafers, the two companies said.
Tomochika Uyama, a senior official of the World Trade Organization, during an interview in Osaka on Sunday
BUSINESS / Economy
Oct 31, 2023

WTO's Tomochika Uyama eager to restore dispute settlement system

The senior adviser to the body's director-general cited momentum following a two-day meeting of Group of Seven trade ministers in Osaka.
A 23andMe DNA kit
BUSINESS / Companies
Oct 31, 2023

Drugmakers are set to pay 23andMe millions to access consumer DNA

Under the new agreement, 23andMe will provide GSK with access to anonymized DNA data from customers who have agreed to share their information.
A man stands next to a robot in use at ROLEC Gehause-Systeme in Rinteln, Germany on Oct. 6
BUSINESS / Companies
Oct 31, 2023

As baby boomers retire, German businesses turn to robots

Small and medium-sized companies are turning to automation as the gradual retirement of the post-war "baby boom" generation tightens the labor squeeze.
BUSINESS / Economy
Nov 1, 2023

Japan ramps up yen intervention warning after BOJ-fueled sell-off

The broad decline toward ¥152 to the dollar has the currency around the threshold that a year ago drove Japanese authorities to swoop in to prop it up.
Becoming the lone bidder for the 2034 World Cup, just 27 days after its campaign was announced, caps a stunning year where the unheralded Saudi Pro League has snapped up some of soccer's top stars including Cristiano Ronaldo (center).
SOCCER
Nov 1, 2023

Bridging the Gulf: How the World Cup is key to Saudi revamp

While human rights controversies have not gone away, the kingdom is gaining a reputation for extravagant forays into sport.
The front entrance gate leading to the former Ashigakubo Elementary School in Yokose, Saitama Prefecture. The school, which was more than a century old, was forced to close in 2009.
JAPAN / Society
Nov 5, 2023

School's out forever in aging Japan

As the number of children in Japan decreases, public money has been made available to help municipalities repurpose old schools.
BUSINESS
Nov 1, 2023

BOJ’s Ueda gets reality check on yen in march to normalization

The yen unexpectedly weakened after the central bank loosened its grip on bond yields Tuesday.
BASEBALL / Japanese Baseball
Nov 1, 2023

How Yuki Udagawa’s steely nerves quieted Koshien’s raucous crowd

Instead of being rattled, Yuki Udagawa fed off the electric energy pulsating through the stadium as he protected a one-run lead in a 5-4 win.
The interior of a Toyota Global HiAce electric vehicle concept on display during the Japan Mobility Show in Tokyo on Oct. 26
BUSINESS / Companies
Nov 1, 2023

Toyota to invest $8 billion more in U.S. battery plant for EVs

The auto giant has quietly laid the groundwork for a more robust EV strategy in the U.S. even as sales of its hybrid gas-electric models are surging.
Jesse Ehrenfeld, the board chairman of the American Medical Association, in Chicago in 2019. The F.D.A. has approved many new programs that use artificial intelligence, but doctors are skeptical that the tools really improve care or are backed by solid research.
BUSINESS / Tech
Nov 1, 2023

Doctors wrestle with AI in patient care, citing lax oversight

Are AI programs likely to identify something a doctor would miss?
Toyota President Koji Sato speaks  next to an FT-3e electric vehicle at the Japan Mobility Show in Tokyo on Oct. 25.
BUSINESS / Companies
Nov 1, 2023

Toyota raises profit forecast 50% on weak yen, record sales

With an unprecedented 5.6 million vehicles sold in April-September, Toyota is on track for its 11.4 million-unit goal.
Hulu was founded in 2007 as a joint venture between News Corporation and NBC Universal, with Disney joining soon after as a partner.
BUSINESS / Companies
Nov 2, 2023

Disney to complete takeover of Hulu with $8.6 billion deal

The acquisition comes as the company strives to boost subscriber numbers at its Disney+ streaming service.
Bank of Japan Gov. Kazuo Ueda in a news conference on Tuesday, when the central bank adjusted its cap on bond yields.
BUSINESS / Markets
Nov 2, 2023

Japan's yen and bond priorities at odds as market pressure grows

Unscheduled bond purchases by the Bank of Japan Wednesday worked directly against Finance Ministry efforts to support the yen.
Lionel Messi jerseys, in Inter Miami’s distinctive pink color, for sale at the Adidas store in Manhattan in September. In the span of three months, the soccer superstar has made Inter Miami’s eye-catching pink jersey the hottest piece of sports merchandise on the planet.
BUSINESS / Companies
Nov 2, 2023

Adidas and Puma eye 'sports culture' market as soccer courts fashion

The Women's World Cup showed huge unmet demand for soccer-related merchandise for women, with the trend extending to fashion-conscious fans of both sexes.
The midway in Springfield, Massachusetts, lit up at night. Framingham, Massachusetts mayor Charlie Sisitsky said its geothermal pilot project could more than halve emissions and cut energy consumption for some properties by up to 70%.
ENVIRONMENT / Energy
Nov 2, 2023

U.S. cities expand geothermal energy to whole neighborhoods

The U.S. federal government is to back 11 pilot geothermal projects.
The world's largest pension fund lost 0.31% for the three months from July to September, trimming its overall assets to ¥219.3 trillion.
BUSINESS / Markets
Nov 2, 2023

Japan's GPIF reports ¥683 billion loss in July-September period

The news comes as a policy tweak by the central bank hits the government bond market.
"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.
BUSINESS
Nov 2, 2023

Kishida unveils ¥17 trillion stimulus package amid pushback

A supplementary budget proposal — worth a total of ¥13.1 trillion — to back the package will be submitted to parliament in the upcoming weeks.
U.S. Federal Reserve Board Chairman Jerome Powell during a news conference in Washington on Wednesday
BUSINESS / Economy
Nov 3, 2023

Global central banks mark a possible plateau

Policymakers in Frankfurt, London and Washington uniformly say rate cuts won't be on the table until price pressures are truly contained.

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