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May 01, 2025
 

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U.S. Treasury Secretary Janet Yellen visits the Guozijian Hutong Alley in Beijing on Monday.
WORLD / Politics
Apr 9, 2024

Yellen threatens sanctions for China banks that aid Russia war

America’s ultimate weapon against financial institutions is its ability to cut off access to U.S. dollars, a threat for any bank operating internationally.
Tesla says that Autopilot enables its vehicles to steer, accelerate and brake automatically, but that the system’s features require "active driver supervision and do not make the vehicle autonomous.”
BUSINESS / Companies
Apr 9, 2024

Tesla settles over fatal Autopilot crash on eve of trial

The case centered on a 38-year-old Apple engineer whose Model X veered off the highway and slammed into a roadside barrier on his way to work.
The TSMC plant in Phoenix, Arizona. The chipmaker's projects in Arizona have become increasingly entwined with U.S. President Joe Biden’s campaign message on revitalizing the economy.
BUSINESS / Tech
Apr 9, 2024

TSMC gets $11.6 billion in U.S. grants and loans for chip plants

TSMC’s projects in Arizona have become increasingly entwined with Biden’s campaign message on revitalizing the economy.
Pakistan finance minister Muhammad Aurangzeb in Islamabad on March 22
WORLD / Politics
Apr 9, 2024

Pakistan’s finance minister leaves behind banker's life and pay to fix economy

The country has Asia’s fastest inflation, anemic growth and one of the lowest tax-collection rates in the world.
Warren Buffett’s Berkshire Hathaway would be the first major non-financial overseas debt issuer to sell yen bonds after the Bank of Japan last month scrapped the world’s last negative interest rate.
BUSINESS / Markets
Apr 9, 2024

Berkshire plans to sell first yen bonds since BOJ move

The U.S. company last turned to the yen bond markets in November, with a ¥122 billion ($803 million) five-tranche deal.
Harakado will open next Wednesday and aims to be a place where creators can gather.
BUSINESS / Companies
Apr 9, 2024

New Harajuku complex aims to become next cultural creators hub

The nine-story building — named Harakado — will open next Wednesday and is designed to be “a commercial complex where creators (can) gather.”
Electricity pylons next to the Sizewell B nuclear power station, in Sizewell, U.K.
BUSINESS
Apr 9, 2024

European nuclear plants put out of work by green power surge

The drive to promote renewable energy is turning the screws on Europe’s nuclear industry.
Japan will need new nuclear power plants to meet its 2050 net zero goal.
BUSINESS
Apr 9, 2024

Japan needs new nuclear to hit green goals, power sector says

New reactors are needed to help reduce dependence on costly fossil fuel imports and to help boost economic competitiveness.
Shin-Etsu Chemical is among the world's leading makers of photoresists and silicon wafers.
BUSINESS / Tech
Apr 9, 2024

Shin-Etsu Chemical to build new chip materials plant in Gunma

The plant, slated to be completed by 2026, will make photoresists, including extreme ultraviolet resists used for generative AI systems.
A voter casts their ballot at a polling station in Seoul early on Wednesday.
ASIA PACIFIC / Politics
Apr 10, 2024

Opposition projected to retain majority in South Korean parliament

The Democratic Party and its satellites are forecast to win between 184 and 197 seats, up from 156 in the last parliament.
Former Thai Prime Minister Thaksin Shinawatra gestures while flanked by his son Panthongtae Shinawatra and daughter Paetongtarn Shinawatra at Don Mueang airport in Bangkok in August 2023.
ASIA PACIFIC / Politics
Apr 10, 2024

Thailand yet to decide on indicting former PM Thaksin, lawyer says

The royal insult complaint against the former leader and tycoon stemmed from an interview he gave to foreign media in 2015.
The Bank of Japan headquarters in Tokyo. The central bank will probably discuss revising up its projection for growth in consumer prices for the current fiscal year, sources said.
BUSINESS / Economy
Apr 10, 2024

BOJ said to mull raising inflation view on strong pay deals

Rising oil prices and the weak yen are spurring inflationary pressure that could fuel speculation of earlier moves by the BOJ.
A Boeing 787 Dreamliner lifts off at Paine Field in Everett, Washington.
BUSINESS / Companies
Apr 10, 2024

Boeing takes further blow after whistleblower alleges 787 ‘shortcuts’

Incorrect treatment of gaps between joined airframe segments could lead to "significant fatigue,” according to the former quality engineer.
A Ukrainian serviceman stands next to a Starlink antenna near Bakhmut, Ukraine.
BUSINESS / Companies
Apr 10, 2024

Pentagon reveals SpaceX contract for Starlink in Ukraine costs $23 million

A U.S. official characterized the service as a vital part of the security assistance the U.S. is providing to Ukraine.
Although intelligence agencies are engaging more with the public than they used to, spy-themed entertainment is still the primary source of education about espionage.
COMMENTARY / World
Apr 10, 2024

James Bond and Jason Bourne ruined spies for all of us

The average person knows deep down that what they see in the movies and on TV isn’t the same as reality, but they don’t know how or how much.
The New York Stock Exchange in New York. Japanese startups have been turning to the United States where institutional investors are more willing to bet on innovative technologies.
BUSINESS / Companies
Apr 10, 2024

New York Stock Exchange trying to get Japanese companies to list in the U.S.

South Korean, Indonesian and Singaporean companies from across various sectors are also looking to list in the U.S..
Masato Kanda, vice finance minister for international affairs, says all options are on table after the yen fell past ¥153 to the dollar.
BUSINESS / Markets
Apr 11, 2024

Tokyo and Washington may be in sync, but the dollar-yen currency gap is growing

The yen slipped to its lowest level since 1990 — ¥153 against the dollar — while officials said they were examining their options.
South Korean President Yoon Suk-yeol suffered a stinging defeat in Wednesday’s parliamentary election, hampering his conservative pro-business agenda.
ASIA PACIFIC / Politics
Apr 11, 2024

South Korea's Yoon becomes lame duck following election

The outcome at the polls effectively derailed Yoon Suk-yeol's pro-business goals for the next three years.
The international departure lobby at Haneda Aiport in Tokyo on April 29, 2023, at the start of the Golden Week holidays.
BUSINESS
Apr 11, 2024

Golden Week travel plans near pre-pandemic levels as overseas bookings surge

This year's Golden Week marks the first since the government downgraded COVID-19’s classification to the same level as the seasonal flu.
NTT Docomo's "d Point" reward points can now be earned and used on the Amazon shopping website.
BUSINESS / Companies
Apr 11, 2024

NTT Docomo points arrive at Amazon

NTT Docomo's d Point program had roughly 100 million users as of the end of March.
According to the Tokyo police, 22-year-old student host Yuya Inaba lured an underage girl into spending money by seducing her and making false promises such as, “Let’s get married when you turn 18.”
JAPAN / Crime & Legal
Apr 11, 2024

Tokyo host club worker arrested after underage girl racks up ¥6 million in charges

The 15-year-old girl visited the club around 10 times between March and July 2023, and had racked up charges that totaled ¥6 million.
Dustin Johnson has a lifetime exemption to the Masters after winning the tournament in 2020.
MORE SPORTS
Apr 11, 2024

Asian Tour remains an option for LIV stars in search of ranking points

The Asian Tour has entered into a growth cycle over the last three years, expanding to 24 tournaments.
A branch of the Fast Retailing clothing brand Uniqlo in Tokyo
BUSINESS
Apr 12, 2024

Uniqlo operator upbeat on Europe and North America after Q2 profit miss

Fast Retailing left its full-year operating profit forecast unchanged at ¥450 billion.
Flights between China and the United States have emerged as a rare area of cooperation between the two countries, but U.S. airlines have expressed concern about the rapid pace of increasing flights.
BUSINESS / Companies
Apr 12, 2024

Biden administration urged not to approve more China flights

U.S. airlines have expressed concern about the rapid pace of increasing flights.
One of the main hurdles to more widespread adoption of electric vehicles in Europe cited by industry experts is the difficulty in rolling out necessary infrastructure quickly and broadly.
BUSINESS / Companies
Apr 12, 2024

Bumpy ride for electric cars in Europe

Sales of plug-in "zero emission" vehicles have stalled in the region in recent months.
German Chancellor Olaf Scholz reviews soldiers of the German armed forces in Berlin on Thursday.
WORLD / FOCUS
Apr 12, 2024

Between the U.S. and a hard place, Germany's Scholz reheats China ties

With Germany's economy slumping, the nation hopes to gain fairer access to China's markets despite promises to "de-risk" from them.
Prime Minister Fumio Kishida addresses a meeting on AI strategy held at the Prime Minister's Office in December. Japan is beginning to draw global attention for its potential as an AI market.
BUSINESS / Companies
Apr 12, 2024

Google alums go big in Japan with months-old startup Sakana AI

Sakana is setting out to train low-cost generative AI models using small datasets, unveiling three AI models for Japanese speakers last month.
Japan's emissions in fiscal 2023 represents a 23% reduction from 2013 levels, but it’s still a way off from the 46% reduction the government has pledged to make by 2030.
BUSINESS
Apr 12, 2024

Japan’s annual emissions drop as industrial pollution shrinks

Emissions slipped 2.3% in the year ending March 2023 to 1.085 billion metric tons of carbon dioxide equivalent, the environment ministry said.
U.S. President Joe Biden escorts Philippine leader Ferdinand Marcos Jr. and Prime Minister Fumio Kishida to their trilateral summit at the White House in Washington on Thursday.
ASIA PACIFIC / Politics / ANALYSIS
Apr 12, 2024

Biden vows 'ironclad' defense of Philippines and Japan as China tensions rise

Biden reiterated Washington’s commitment to defending the Philippines from any attack in the South China Sea.
Global banks are responding to increased demand for information about Japan’s companies and markets amid a resurgent stock market.
BUSINESS / Companies
Apr 12, 2024

Global banks ramp up roadshows for clients eager to bet on Japan

Foreign investors bought the most Japanese equities since 2013, last week.
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

Podcast

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

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
By Alex K.T. Martin

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