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Canned ready-to-drink cocktails, including Asahi Breweries' 9% Clear Cooler Strong chūhai produced in conjunction with Seven & I Holdings, at a 7-Eleven store in Tokyo's Chiyoda Ward on Tuesday
BUSINESS
Feb 13, 2024

Asahi calls time on new strong chūhai amid low-alcohol shift in Japan

New versions of the canned fizzy cocktails with alcohol content of 8% or higher will not be launched in order to “reduce inappropriate drinking.”
The bond sale is part of Prime Minister Fumio Kishida's plan to sell ¥20 trillion of bonds to help finance projects such as developing low-cost wind power generators and airplanes that use alternative fuels.
BUSINESS
Feb 13, 2024

Japan's first sovereign green bonds expected to attract healthy demand

The financing is meant to help the nation cut greenhouse gases to zero by 2050 and become a carbon-neutral society.
BUSINESS / Markets
Feb 14, 2024

Yen's slide past ¥150 per dollar prompts stern warnings from Japan

The yen has tumbled more than 6% versus the dollar so far in 2024.
Paolo Benanti, a Franciscan friar and a professor at the Gregorian, the Harvard of Rome's pontifical universities, in his office at the university in Rome on Jan. 29. Benanti advises the Vatican and the Italian government on navigating the tricky questions — moral and otherwise — raised by artificial intelligence.
WORLD / Society
Feb 14, 2024

The friar who became the Vatican’s go-to guy on AI

Father Paolo Benanti, an ethics professor and self-proclaimed geek, spends his days thinking about the Holy Ghost and the ghosts in the machines.
Bart Andre, who joined Apple in 1992, told colleagues this month that he is retiring. He helped create the aesthetic for Apple products released over the past three decades.
BUSINESS / Companies
Feb 14, 2024

Apple’s longest-serving designer to depart, adding to exodus

Bart Andre, who joined Apple in 1992 alongside Jony Ive, told colleagues this month that he is retiring.
Amazon CEO And Blue Origin Founder Jeff Bezos
BUSINESS / Companies
Feb 14, 2024

Jeff Bezos sells $4 billion of Amazon stock, avoiding $288 million levy

Moving to Florida, after Washington imposed a 7% gains tax, the world’s second-richest person offloaded 24 million shares over just four trading days.
Nvidia's shares slipped 0.17% on Tuesday, leaving its stock market value at $1.78 trillion, eclipsing Amazon's $1.75 trillion value after the online shopping and cloud-computing heavyweight's stock declined 2.15%.
BUSINESS / Companies
Feb 14, 2024

Nvidia market cap threatens Alphabet after overtaking Amazon

The chipmaker's stock market value at the end of Tuesday's trading session was $1.78 trillion, while that of Google's owner was $1.81 trillion.
The SpaceX Starbase in Brownsville, Texas, in August 2023
BUSINESS / Companies
Feb 14, 2024

SpaceX fined $3,600 over 'near amputation' as safety incidents mount

An investigation late last year found that Musk’s rocket company disregarded worker-safety regulations and standard practices at its facilities nationwide.
U.S. President Joe Biden has presided over a growing economy and some foreign leaders have said after meeting him that he is sharp and focused in private meetings, but his age is still an issue that is posing a drag on his poll numbers.
WORLD / Politics
Feb 14, 2024

Democrats bungle Joe Biden age concerns, some critics say

Their strategy so far has not quelled criticism or concerns about the U.S. president's fitness for the Oval Office.
Military personnel conduct raid operations in the area surrounding Guayaquil, Ecuador on Jan. 27. President Daniel Noboa’s new war on gangs has received widespread support in a nation overwhelmed by violence, but experts warn it could endanger civil liberties.
WORLD / Crime & Legal
Feb 14, 2024

Terrorized by gangs, Ecuador embraces the hard-line ‘Noboa way’

Ecuadorian President Daniel Noboa's war on gangs is popular among citizens in spite of activists warning of human rights violations.
Renesas Electronics will buy software firm Altium in the biggest acquisition yet of an Australian-listed company by a Japanese buyer.
BUSINESS / Companies
Feb 15, 2024

Japan chipmaker Renesas to buy software company Altium for $5.9 billion

The move marks the biggest acquisition yet of an Australia-listed company by a Japanese buyer.
Labor unions at Toyota and other carmakers are seeking record pay increases in this year's spring wage negotiations.
BUSINESS / Companies
Feb 15, 2024

Major auto firm unions request record pay hikes ahead of annual talks

Whether major automakers fully accept unions' demands for a second consecutive year is set to be in focus after the prime minister called for wage hikes.
Nvidia CEO Jensen Huang attends a session of the World Governments Summit in Dubai on Monday.
BUSINESS / Companies
Feb 15, 2024

Nvidia overtakes Alphabet, one day after eclipsing Amazon

The AI frenzy has boosted tech stocks associated with the field, but Nvidia stands out for its significant revenue growth.
Naoko Motooka began hunting 10 years ago. Her hobby is one way Hokkaido hopes to curb a current boom in the deer population.
PODCAST / deep dive
Feb 15, 2024

Hunting in Hokkaido; Taylor Swift comes to Tokyo

You probably don’t think of guns when you think of Japan, but Hokkaido’s hunters do.
Shanghai's financial district under heavy rain. China's economy has slowed down, with some pointing to a possible balance sheet recession.
COMMENTARY / World
Feb 15, 2024

Mr. Xi, only change will help China weather the storm

How does Xi Jinping plan to address China's growing economic woes? Only openness to change will allow the global power to survive these turbulent times.
Chu Yi, 23, who is doing a six-month apprenticeship to be a tattoo artist, uses her laptop during an interview at her home on the outskirts of Shanghai on Feb. 5.
BUSINESS / Economy
Feb 15, 2024

Some Chinese youth spurn corporate jobs for 'me time'

Surveys show that Generation Z is the most pessimistic of all age groups in China.
OpenAI has announced that it will add a memory feature to its AI-powered chatbot, ChatGPT.
COMMENTARY / World
Feb 15, 2024

The perils of giving ChatGPT more memory

ChatGPT developer OpenAI is rolling out a memory feature that, it says, will improve the bot. But not if it ends up replicating the biases of social media.
Fans of virtual YouTuber Selen Tatsuki and VTubers in general took to social media to express their outrage over major agency Nijisanji terminating Tatsuki’s contract.
LIFE / Digital / Japan Pulse
Feb 16, 2024

High-profile shakeups prompt scrutiny of virtual YouTuber industry

As VTubers enter a new era defined by prestige, Selen Tatsuki and Mikeneko's recent dramas demonstrate how complicated getting famous can be.
At the Akan International Crane Center, just north of the city of Kushiro proper, visitors can see the majestic red-crowned crane — a symbol of Hokkaido.
JAPAN / Society / Longform
Feb 17, 2024

Faces of the north: A Hokkaido town grapples with depopulation

Residents of Kushiro face an issue that more and more communities in Japan are having to deal with. The city may be young, but it's rich with tradition.
The decisions by JPMorgan and State Street to quit a global investor coalition will collectively remove trillions of dollars from efforts to coordinate Wall Street action on climate change.
BUSINESS / Companies
Feb 16, 2024

JPMorgan and State Street quit climate group as BlackRock steps back

Financial firms have faced growing pressure from Republican politicians over their membership in such groups.
The exact timing of the roll out of Rakuten Mobile's commercial satellite-to-mobile service is uncertain, but the plans for coverage encompass mountainous and remote areas across Japan.
BUSINESS / Tech
Feb 16, 2024

Rakuten plans satellite mobile service across Japan in 2026

The service, to be rolled out in partnership with AST SpaceMobile, will be directly accessible by regular smartphones and won’t require a terminal.
Bank of Japan Gov. Kazuo Ueda said Friday that the BOJ will examine the possibility of easing measures when price targets are met.
BUSINESS / Economy
Feb 16, 2024

BOJ's Ueda maintains pledge to review stimulus when inflation goal met

Data released on Thursday showed Japan's economy unexpectedly slipped into a recession in the final quarter of last year.
BUSINESS / Markets
Feb 16, 2024

Nikkei stock index nears all-time high

The index closed at 38,487.24, up by 329.30 points and near the all-time high of 38,915 recorded in December 1989.
Exit polls show Defense Minister Prabowo Subianto (right) decisively winning the first round of voting for the presidency, eliminating the need for a runoff. The size and scale the election means finalizing the count will take weeks.
EDITORIALS
Feb 16, 2024

Prabowo’s win signals continuity for Indonesia and the region

Prabowo is likely to be more engaged in foreign policy, mostly because outgoing President Joko Widodo had been largely uninterested.
Finance Minister Shunichi Suzuki (left) speaks with Prime Minister Fumio Kishida during a plenary session of the Lower House in Tokyo on Jan. 30.
BUSINESS / Economy
Feb 17, 2024

Japan finance chief eyes future rise in interest rates, report says

"The Bank of Japan holds jurisdiction over monetary policy. But there will be a phase when interest rates go up," Finance Minister Shunichi Suzuki said.
Signage for the Nintendo Switch is seen in Manhattan, New York. The successor to the popular Switch was scheduled for release in late 2024, but several game publishers have been advised of a delay by the company.
BUSINESS / Companies
Feb 17, 2024

Nintendo is telling game publishers Switch 2 will be delayed

The firm is advising game publishers that its next-generation console will be delayed until the first quarter of 2025.
A delegation of Ukrainian officials look at machinery used for debris processing in Kashiwa, Chiba Prefecture, in January.
JAPAN
Feb 18, 2024

Japanese technology to contribute to Ukraine reconstruction, government hopes

Japanese officials will meet with Ukrainian counterparts in Tokyo on Monday to discuss measures to support the reconstruction of their country.
In the U.S., proof that inflation remains sticky and the labor market sound has convinced traders to embrace the Federal Reserve’s pushback against market bets on near-term easing.
BUSINESS / Economy
Feb 19, 2024

Cracks start to emerge in global central bank synchronicity

The synchronization among central banks might be about to weaken as domestic drivers take over from global trends in determining price outlooks.
Travelers at Shanghai Hongqiao railway station on Feb. 6. For the Feb. 10-17 period, there were 99.5 million rail trips made in China, a figure 36% higher than the comparable period in 2019.
BUSINESS / Economy
Feb 19, 2024

China’s new year travel and spending top pre-COVID levels

Some 474 million tourist trips were made around the country during the festival, which began Feb. 10 and concluded Saturday.
A Ukrainian serviceman carries a Leleka reconnaissance unmanned aerial vehicle (UAV) in Zaporizhzhia region, Ukraine, on Feb. 15
WORLD / Politics
Feb 19, 2024

Drone warfare and AI risks among talking points at Munich defense forum

The technologies help to partly neutralize a larger military's advantage, as seen in the Ukraine-Russian war, but they are ultimately double-edged swords.

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