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Students can learn faster by using tablets in the classroom. In Malawi, every dollar spent on this type of learning delivers over $100 worth of higher productivity in the long term.
COMMENTARY / World
May 3, 2024

The policies that deliver the most bang for a government's buck

Instead of making many grand promises, governments should prioritize smart policies that yield the highest returns, such as tablets in schools.
Rows of irises resemble a rice field at the Peter Walker-designed Toyota Municipal Museum of Art.
LIFE / Style & Design / Longform
May 4, 2024

The 'outsiders' creating some of Japan's greenest spaces

Once an exotic curiosity, Japanese gardens have gone on to inspire green thumbs around the world.
Former U.S. Treasury Secretary Lawrence Summers
BUSINESS / Economy
May 4, 2024

Ex-U.S. Treasury chief says currency interventions fail even at Japan’s scale

Policymakers likely spent some ¥9 trillion this week, an analysis of Bank of Japan accounts shows.
Shunichi Suzuki, Japan's finance minister
BUSINESS / Markets
May 4, 2024

Japan’s finance minister keeps traders guessing on yen intervention

The comments came days after Japanese authorities apparently entered the market to support the yen on two occasions this week.
Traders edged back from record bets on yen weakness this past week, in a period that included a likely bout of intervention by Japan to prop up the currency.
BUSINESS / Markets
May 4, 2024

Traders spooked by intervention risk trim record yen shorts

Traders edged back from record bets on yen weakness this past week, in a period that included a likely bout of intervention by Japan.
A businessman reads a newspaper outside a train station in Tokyo.
JAPAN
May 4, 2024

Japan drops to 70th in press freedom rankings

Japan fell by two places from last year, and was ranked lowest among the Group of Seven major countries.
Naoya Inoue (left) and Luis Nery following a pre-fight news conference in Yokohama on Saturday, two days ahead of their super bantamweight title fight.
MORE SPORTS / Boxing
May 5, 2024

'Monster' Inoue ready to tear down Luis Nery in title defense at Tokyo Dome

Ahead of boxing's highly anticipated return to the Big Egg, Naoya “Monster” Inoue said he's ready to knock out his opponent.
Volodymyr Zelenskyy
WORLD / Politics
May 5, 2024

Russia puts Ukraine's Zelenskyy on wanted list

Russia's Tass news agency reported that the Russian Interior Ministry database showed the Ukrainian leader was on a wanted list but gave no other details.
Japan Tobacco was the most popular investment destination among Nippon Individual Savings Account account holders at SBI Securities.
BUSINESS
May 5, 2024

Half of new NISA investments went to Japanese stocks

Japan Tobacco was the most popular investment destination among NISA account holders at SBI Securities.
A Rapidus factory under construction in Chitose, Hokkaido on April 26. The Tokyo-based chipmaker was set up with the aim to realize domestic production of state-of-the-art semiconductors.
BUSINESS / Companies / FOCUS
May 6, 2024

Rapidus gearing up for mass production of next-generation chips

About three years before the planned start of mass production, Rapidus faces a host of difficult challenges, especially over technology and profitability.
One analyst said Japanese policymakers "hid the intervention well," pointing to the ways they may have used to fund currency interventions recently.
BUSINESS / Markets
May 6, 2024

Market hunts for signs of yen intervention in Fed accounts

Recent data suggests that Japanese policymakers may have funded currency interventions using a Fed facility where central banks stash overnight cash.
Over the past two years, 2.4 million people arrived in Canada, more than the population of the U.S. state of New Mexico. Yet Canada barely added enough housing that would cater to just the residents of the New Mexico capital of Albuquerque.
BUSINESS / Economy
May 6, 2024

Global housing shortages are crushing immigration-fueled growth

In developed economies such as Canada, Australia and the U.K., life is getting tougher for both locals and immigrants alike.
The National Police Agency coined the term "tokuryū" to classify individuals involved in dark part time jobs and quasi-gangsters, using the words "tokumei" (anonymous) and "ryūdo" (fluid) to reflect their characteristics.
JAPAN / Crime & Legal / FOCUS
May 6, 2024

Tokuryū, a new crime menace in Japan, emerges from the shadows

Unlike the yakuza, which have a hierarchical structure and strict codes of conduct, they lack a clear organizational structure and thrive on anonymity.
Quantas will pay out AU$20 million between more than 86,000 customers who booked tickets on the so-called "ghost flights" and pay an AU$100 million fine instead of defending the lawsuit that it had previously vowed to fight.
BUSINESS / Companies
May 6, 2024

Australia's Qantas to pay $79 million to settle flight cancellation case

The fine is the biggest ever for an Australian airline and among the largest globally in the sector.
McLaren's British driver Lando Norris celebrates on the podium after winning the 2024 Miami Formula One Grand Prix at Miami International Autodrome in Miami Gardens, Florida, on Sunday.
MORE SPORTS
May 6, 2024

McLaren's Norris wins Miami Grand Prix for maiden F1 win

Mercedes pair Lewis Hamilton and George Russell finished sixth and eighth with RB's Japanese driver Yuki Tsunoda ending seventh.
Mikuni Minato is not a town that has recently fallen on hard times — it's been that way for a century.
LIFE / Travel
May 7, 2024

48 hours in Mikuni Minato, Japan’s port town that time forgot

A trip to Mikuni Minato may not appeal to the average tourist, but well-traveled residents will find it fascinating.
Enamored with Japanese cuisine, Xander Soren sought to create the perfect Pinot Noir to suit the country's most common flavors.
LIFE / Food & Drink / Kanpai Culture
May 7, 2024

A Californian Pinot Noir bred for the Japanese table

In November, a former Apple employee launched Xander Soren Wines and its Pinot vintages exclusively in Japan.
Indian Prime Minister Narendra Modi speaks during a campaign rally in Agra, in Uttar Pradesh, on April 25.
ASIA PACIFIC
May 7, 2024

Modi’s home state votes in heated Indian election campaign

India’s election entered its third phase Tuesday, with campaigning becoming increasingly acrimonious between the two main parties.
Auto parts maker Toyoda Gosei makes bags and other items by reusing its mainstay air bag products.
JAPAN
May 7, 2024

Upcycling efforts spread among Japanese companies

Japanese companies are increasingly engaging in upcycling efforts, or adding new value to used products and waste materials, as part of their environmental and social contributions and to generate profits.
Masato Kanda, vice minister of finance for international affairs, reiterated the currency authorities' readiness to step into the market for speculative-driven foreign exchange moves.
BUSINESS / Markets
May 7, 2024

Japan warns of action over rapid currency moves

Comments by the government's top currency diplomat, Masato Kanda, reinforced Tokyo's readiness to intervene again to support a fragile yen.
Tokyo DisneySea Fantasy Springs Hotel is set to open in June in the theme park's new section featuring areas based on "Frozen," "Tangled" and "Peter Pan."
BUSINESS
May 7, 2024

Tokyo DisneySea taps ‘Frozen’ and 'Peter Pan' in ¥320 billion expansion

The expansion, which opens to the public June 6, is expected to help boost total annual sales by ¥75 billion.
Visitors in Macau on May 2. More than a year since China reopened its borders, some 63% of its residents say they’re ready to return to exploring the world, according to a survey published on April 24.
BUSINESS / Economy
May 7, 2024

China’s thrifty travelers show consumer confidence is weak

While more traveled over the five-day Labor Day break in comparison with 2019, each of them spent less on average.
Sony’s shares have dropped more than 5% this year, compared with a 16% gain in the Topix index, amid a global electronics slump.
BUSINESS / Companies
May 7, 2024

Sony shares fall as offer for Paramount spurs financing concerns

Investors are worried because the $26 billion proposal is larger than the Japanese electronics company's cash holdings.
Workers head to Daihatsu Motor's plant at its headquarters in Ikeda, Osaka Prefecture, on Tuesday.
BUSINESS
May 7, 2024

Daihatsu resumes production at all plants

All of Daihatsu's four finished vehicle assembly plants in Japan are back online for the first time in about four months.
Stellantis premium brand Alfa Romeo reveals the Milano, its first fully electric car, during an event in Milan on April 10.
BUSINESS / Tech
May 7, 2024

EU election could force sharp turn in electric car policy

Europe's right-wing parties have made cancelling the 2035 deadline to phase out sales of internal combustion engine cars a rallying cry.
A vehicle carrying Seiha Sekine, the 32-year-old common-law husband of the deceased Tokyo couple's first daughter, leaves a police station in Tokyo's Shinagawa Ward on Tuesday.
JAPAN / Crime & Legal
May 7, 2024

Two more arrested over brutal murder of couple in Tochigi

Police suspect the Tokyo couple's murder was orchestrated by their daughter's common-law husband, who managed some of the restaurants they operated.
Despite logging a record net profit in the year to March, helped by the weak yen, Nintendo expects net profit to drop nearly 40% in the current financial year.
BUSINESS / Companies
May 7, 2024

Nintendo says announcement on Switch successor 'this fiscal year'

Players and investors have been hungry for news about a successor to the Switch, and the company said a statement was finally forthcoming.
Only about 2% of Japan's annual output of 700,000 manga volumes are released in English, according to a startup working to translate manga using artificial intelligence.
BUSINESS / Companies
May 8, 2024

Japanese startup to use AI to translate manga

With its technology, Orange aims to produce 500 English-language manga per month.
Bank of Japan Gov. Kazuo Ueda speaks to reporters on Tuesday at the Prime Minister's Office following a meeting with Prime Minister Fumio Kishida.
BUSINESS / Economy
May 8, 2024

BOJ’s Ueda tweaks weak yen remarks in possible hint of rate hike

Yen weakness has escalated despite Japan’s first interest rate hike since 2007 in March.
A suburb in Melbourne. Surging rents across many developed economies are proving to be a stubborn hurdle for central banks as they struggle to nail down inflation once and for all.
BUSINESS / Economy
May 8, 2024

Rents set to be last domino to fall in global inflation battle

Surging rents across many developed economies are proving to be a stubborn hurdle for central banks as they struggle to nail down inflation.

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