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May 01, 2025
 

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People stand in front of a temporarily closed McDonald's in Tokyo's Shimbashi district on Friday as the chain experienced widespread tech issues.
BUSINESS / Companies
Mar 15, 2024

McDonald's suffers widespread tech outage in Japan and abroad

Many McDonald's stores in Japan stopped taking in-person and mobile customer orders because of the system disruption.
A U.S. flag flies near the United States Steel Clairton Coke Works facility in Clairton, Pennsylvania, on Friday.
BUSINESS / Companies
Mar 16, 2024

U.S. Steel says Nippon Steel deal expected to close later this year

The filing with exchanges comes at a time when the Japanese firm's $14.9 billion deal to buy the 122-year-old U.S. steelmaker faces heightened scrutiny.
Former U.S. President Donald Trump arrives to speak to the press at Manhattan Criminal Court after a hearing in his case of paying hush money to cover up extramarital affairs, in New York City on Feb. 15.
WORLD / Crime & Legal
Mar 16, 2024

Trump hush-money trial in New York delayed until at least April

Pushing back the start date in New York is good news for Trump, who is campaigning for a return to the White House.
Israeli Prime Minister Benjamin Netanyahu's office said Friday that he had OK'd a plan to attack the Gaza city of Rafah on the southern edge of the shattered Palestinian enclave.
WORLD / Politics
Mar 16, 2024

Israel approves plan to attack Rafah but keeps truce hopes alive

Israeli Prime Minister Benjamin Netanyahu's office said he had OK'd a plan to attack the city on the southern edge of the shattered Palestinian enclave.
Gold beans for sale inside a Luk Fook Holdings International jewelry store in Shanghai on Wednesday.
BUSINESS
Mar 16, 2024

Gold beans all the rage with China’s Gen Z as deflation bites

Weighing as little as 1 gram, the beans — and other forms of gold jewelry — are increasingly viewed as the safest investment bet for young Chinese.
A closed McDonald's in Nikko, Tochigi Prefecture, amid an outage that affected stores in Japan and abroad on Friday. The chain resumed operations on Saturday at almost all of its outlets in Japan.
BUSINESS / Companies
Mar 16, 2024

McDonald’s Japan resumes operations after outage

The recovery comes after McDonald’s was hit by a system outage that appears to have started in the Asia-Pacific region Friday.
White House National Security Council spokesman John Kirby speaks during a press briefing at the White House in Washington on Friday.
BUSINESS / Companies
Mar 16, 2024

Top Biden official says stance on U.S. Steel deal doesn't hurt U.S.-Japan ties

U.S. National Security Council spokesman John Kirby said Biden's opposition to the U.S. Steel deal "doesn't take away one thing" from the relationship.
Dodgers star Shohei Ohtani says he is focused on baseball despite all the hype surrounding his Dodgers debut in Seoul next week.
BASEBALL / MLB
Mar 16, 2024

Ohtani focused ahead of MLB season opener in Seoul

The Dodgers will play the San Diego Padres in a two-game series in Seoul to open the MLB season next week.
Call loan brokers at Tokyo Tanshi in Tokyo in November. After decades of setting its benchmark rate near zero, the Bank of Japan is poised to tighten, spurring new opportunities for veteran traders after decades of setting its benchmark rate near zero.
BUSINESS / Markets
Mar 17, 2024

Japan’s $4 trillion offshore funds will ignore first BOJ hike

Only 40% of 273 respondents said the BOJ's first interest-rate hike since 2007 will prompt investors to sell foreign assets and repatriate the proceeds.
Reims' Junya Ito (left) celebrates with teammate Keito Nakamura after scoring during a Ligue 1 match against FC Metz in Reims, France, on Sunday.
SOCCER
Mar 18, 2024

Ito hailed by coach for 'mental strength' amid sexual assault claim

"He is a key player, undoubtedly one of the best Japanese players at the moment," said Reims coach Will Still.
Fans cheer during a friendly match between the Los Angeles Dodgers and the Kiwoon Heroes ahead of the Major League Baseball Seoul Series in Seoul on Sunday.
BASEBALL / MLB
Mar 18, 2024

MLB brings Shohei Ohtani, season openers and big dreams to Seoul

With a set of stars from the region, 2024 is turning out to be baseball’s moment in Asia.
Shun Otokita is the rarest of Nippon Ishin lawmakers: He was born and bred in Tokyo, where he got his start as a local politician.
JAPAN / Politics / FOCUS
Mar 18, 2024

Can Nippon Ishin no Kai make inroads in Tokyo?

The Kansai-based party is aiming to broaden its support across Japan — starting with Tokyo's No. 15 district election next month.
Women attend a singing class at Mama Sunset, a learning center for middle-aged and senior people, in Beijing in January.
ASIA PACIFIC / Society
Mar 18, 2024

Silver lining: Tutoring the elderly is growing fast in China

The growth potential of the industry contrasts sharply with the decline of the after-school private tutoring sector following a crackdown in 2021.
U.S. lawmakers last week overwhelmingly backed a bill to ban TikTok unless Chinese parent company ByteDance divested itself within six months.
BUSINESS / Tech
Mar 18, 2024

Monsters, asteroids, vampires: AI conspiracies flood TikTok

YouTube tutorials show users how to create "viral conspiracy theory videos" and profit off TikTok's Creativity Program.
The Bank of Japan will decide whether to end its negative interest rate policy at its policy board meeting, which ends on Tuesday.
BUSINESS / Economy
Mar 18, 2024

BOJ’s Ueda faces decision time on rate hike

With the end of Japan's negative rate being a near certainty, the only question that remains is whether it comes on Tuesday or at the end of April.
Japan's core machinery orders fell 1.7% in January from the previous month.
BUSINESS / Economy
Mar 18, 2024

Japan core machinery orders fall more than expected

Core orders, a highly volatile data series regarded as a leading indicator of capital spending in the six to nine months ahead, fell 1.7% in January.
Chinese President Xi Jinping during an event at the Great Hall of the People in Beijing on March 11
ASIA PACIFIC / Politics
Mar 18, 2024

Decoding Xi’s new catchphrase aimed at reviving China’s economy

Slogans matter in China, and the adoption of new catchphrases can herald profound shifts in policy.
Prime Minister and Liberal Democratic Party President Fumio Kishida delivers a speech during the LDP's 91st party convention in Tokyo on Sunday.
COMMENTARY / Japan
Mar 18, 2024

What is being missed about the funding scandal

In discussions about the LDP funding scandal, certain considerations are missing. Beyond lambasting the party, these must be addressed for a clear vision.
Taiwan Semiconductor Manufacturing Co.'s (TSMC) new plant in Kikuyo, Kumamoto Prefecture
BUSINESS / Companies
Mar 18, 2024

TSMC eyes advanced chip packaging capacity in Japan, sources say

Bringing its chip-on-wafer-on-substrate packaging technology — currently all in Taiwan — to Japan is one of the options the chipmaker is considering.
Bank of Japan Gov. Kazuo Ueda attends a news conference after a policy meeting at the bank's headquarters in Tokyo on Tuesday.
BUSINESS
Mar 19, 2024

BOJ introduces first rate hike in 17 years following pay gains

The negative rates policy, the last one in the world, had been a symbol of the Bank of Japan's ultraloose monetary stimulus lasting over a decade.
Giovanna Gonzalez of Chicago demonstrates outside the U.S. Capitol following a press conference by TikTok creators to voice their opposition to the "Protecting Americans from Foreign Adversary Controlled Applications Act," pending crackdown legislation on TikTok in the House of Representatives, on Capitol Hill in Washington on March 12.
BUSINESS / Companies
Mar 19, 2024

TikTok and its 'secret sauce' caught in U.S.-China tussle

China's ByteDance's algorithm has helped drive TikTok's stratospheric success since the app was launched for the international market in 2017.
Takahiro Mori, Nippon Steel's executive vice president, said the company will move its U.S. headquarters to Pittsburgh if it succeeds in acquiring U.S. Steel.
BUSINESS / Companies
Mar 19, 2024

Nippon Steel pledges to move U.S. HQ to U.S. Steel's Pittsburgh

The Japanese steelmaker will move its existing headquarters in the U.S., which is in Houston, in addition to keeping U.S. Steel's headquarters.
A man walks through the financial and business district of La Defense, near Paris, on March 13.
BUSINESS / Companies
Mar 19, 2024

EU's new gig-worker rules could tame 'management by algorithm'

The opaque nature of algorithmic management tools can result in random job assignments and performance ratings, and even termination.
Japan welcomed 2.79 million visitors in February, a record for the month and the most for any month since the COVID-19 pandemic began.
JAPAN
Mar 19, 2024

Japan sees record 2.79 million visitors in February due to Lunar New Year boost

The travel industry is getting a major boost from a weak yen that has made Japan a bargain destination for foreign travelers.
People walk under flags of China and the Hong Kong Special Administrative Region, on Queen's Road in Hong Kong.
ASIA PACIFIC / Politics
Mar 20, 2024

What's in Hong Kong's new national security law?

The law's broadly defined provisions have drawn condemnation from Western countries, which had urged Hong Kong to reconsider it.
Hong Kong leader John Lee (center) with lawmakers after they passed the city's new security law. Hong Kong has fast-tracked into law domestic security legislation that critics say could muzzle open economic discussion and tighten control over foreign bodies operating in the global finance hub.
BUSINESS
Mar 20, 2024

Hong Kong's new security law only deepens challenges for financial hub

While the city’s role as a financial center dwarfs that of rivals, more firms are choosing Singapore as their Asian base.
The Bank of Japan headquarters in Tokyo. A survey by Bloomberg indicates a majority of analysts surveyed doesn’t expect another rate hike as a base case, but plenty of others are warning that the BOJ may not be finished.
BUSINESS / Economy
Mar 20, 2024

Investors and economists split on whether BOJ will raise rates again

By moving in March instead of the consensus view of April, Gov. Kazuo Ueda secured space to raise borrowing costs again if data supports the case.
Shohei Ohtani notched two hits in his Dodgers debut on Wednesday in Seoul.
BASEBALL / MLB
Mar 20, 2024

Dodgers begin Ohtani era with win over Padres in Seoul

Ohtani notched a pair of hits in the win, including a single off of compatriot Yu Darvish.
Global demand for the hardware that underpins AI has sparked an economic recovery in Taiwan, giving policymakers room to focus on battling inflation.
BUSINESS / Tech
Mar 21, 2024

AI frenzy gives Taiwan central bank room to battle inflation

Taiwan’s exports and benchmark stock indexes have gained over the past few months, even as growth in major overseas markets remains weak.
Japan’s exports grew for a third consecutive month in February on the back of robust shipments of vehicles.
BUSINESS / Economy
Mar 21, 2024

Japan’s exports rise for third straight month led by autos

The economy is projected to record another small expansion in the current quarter, as the weak yen is expected to continue offering support to exporters.
If the 'Big One' hits, this city could face a 31-meter-high tsunami
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.
Shohei Ohtani's example could change Japan's views on paternity leave
Shohei Ohtani and Mamiko Tanaka announced the birth of their first child on April 19.
Nearly half of workers in Japan engage in ‘quiet quitting’
"Quiet quitting" is most common among the younger generation, with 46.7% of respondents to a survey in their 20s identifying with the practice, reflecting a less-motivated workforce more focused on work-life balance.
Delta routes new Airbus plane to Tokyo to sidestep Trump tariffs
Delta Air Lines signage on the floor of the New York Stock Exchange in New York on April 9. The airline is flying a new Airbus SE plane through Japan to skirt U.S. import tariffs.
High levels of PFAS found in blood of Osaka factory workers
The levels of a type of "forever chemical" found in seven current and former employees at Daikin Industries' Yodogawa plant in Osaka Prefecture were about 38 times those for nearby residents, according to a survey conducted by a team including Kyoto University.
Could this be Japan’s year at the Kentucky Derby?
Christophe Lemaire rides Admire Daytona, who was bred in Japan, during the UAE Derby at Meydan Racecourse in Dubai on April 5.
Counting the reasons why there are so few American cars in Japan
Tesla's store in Tokyo's Shibuya district. While sales of American cars in Japan appear to be shrinking, Tesla's presence in the country is growing.
Shohei Ohtani's example could change Japan's views on paternity leave
Shohei Ohtani and Mamiko Tanaka announced the birth of their first child on April 19.
Nearly half of workers in Japan engage in ‘quiet quitting’
"Quiet quitting" is most common among the younger generation, with 46.7% of respondents to a survey in their 20s identifying with the practice, reflecting a less-motivated workforce more focused on work-life balance.
U.S. secretary of the navy weighs ‘dual-use’ shipbuilding with Japan
John Phelan at a Senate confirmation hearing for U.S. secretary of the navy in Washington in February

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One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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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
By Alex K.T. Martin

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