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Japan Airlines President Mitsuko Tottori meets an official at the transport ministry on Monday, as the ministry issued a stern reprimand following a series of recent incidents involving JAL aircraft.
BUSINESS
May 28, 2024

Transport ministry reprimands JAL over recent incidents

The reprimand was issued over a total of five incidents involving JAL in Japan and abroad since last November.
A Nuri rocket takes off from the Naro Space Center in Goheung, South Korea, on June 21, 2022.
ASIA PACIFIC
May 28, 2024

South Korea is gearing up to become space powerhouse

KASA will work on ambitious projects such as an uncrewed moon landing by 2032, with a Mars mission proposed by the middle of the following decade.
Pine trees in a coniferous forest Canterbury, New Zealand
ENVIRONMENT / Climate change
May 28, 2024

Millions more trees isn’t the climate fix New Zealand envisaged

The result of a project linking incentives for forestry development and emissions trading turned out to be less effective than hoped.
Members of the New Zealand team huddle before the Rugby World Cup 2023 final against South Africa in Saint-Denis, France, on Oct. 28.
MORE SPORTS / Rugby
May 28, 2024

New Zealand Rugby set for pivotal vote after breakaway threat

Powerbrokers will vote for one of two proposals about a new leadership structure for the national governing body for rugby.
British Prime Minister Rishi Sunak inspects troops at a military base in North Yorkshire, Britain, on May 3. Sunak is making the question of protecting Britain and navigating dangerous geopolitical conditions central themes of his election campaign.
COMMENTARY / World
May 27, 2024

War is at the heart of the U.K.’s summer election

British Prime Minister Sunak is nevertheless right to inject defense into the heart of the election campaign.
The Telegram app has become a key weapon for pro-Kremlin accounts to spread disinformation aimed at undermining support for Ukraine.
BUSINESS / Tech
May 29, 2024

Too small to police, too big to ignore: Telegram is the app dividing Europe

The messaging app has become a key weapon for pro-Kremlin accounts to spread disinformation aimed at undermining support for Ukraine.
Chinese President Xi Jinping at the first China-Arab States forum in Riyadh in 2022
WORLD / Politics
May 29, 2024

Xi hosts Arab leaders as China-Mideast ties widen beyond trade

As the administration of U.S. President Joe Biden backs Israel in its war in Gaza, China sees eye-to-eye with Arab nations.
Elon Musk plans to recruit three patients to evaluate the device made by his brain-chip company, Neuralink.
BUSINESS / Tech
May 29, 2024

Musk's Neuralink seeks to enroll three patients in brain implant study

The brain implant is designed to give paralyzed patients the ability to use digital devices by thinking alone, a prospect that could help people with spinal cord injuries.
A euro symbol sculpture at the European Central Bank headquarters in Frankfurt, Germany. Some investors are betting on the chance that European currencies will gain further against the yen.
BUSINESS / Markets
May 29, 2024

Yen nears record low versus euro on carry and interest rate outlook

The Japanese currency has weakened 1.5% against the euro this month and is approaching its previous record low of ¥171.56 reached on April 29.
Foreign private credit funds are focusing on Japanese investors as they move more money into higher-paying assets.
BUSINESS / Companies
May 29, 2024

Private credit chases Japan’s trillions as inflation spurs shift

Private credit funds are betting that inflation will prompt investors to channel more money into riskier overseas investments.
Aphelele Vavi (right), 22, who is studying sound engineering, at lunch with fellow students at SAE Creative Media Institute in Rosebank, South Africa, on March 19
WORLD / Politics
May 29, 2024

South Africa’s young democracy leaves its young voters disillusioned

The nation is heading into a pivotal election, in which voters will determine who will pick the president, but voter turnout has been dropping in recent years.
Philippine President Ferdinand Marcos Jr. attends a news conference in Berlin on March 12.
ASIA PACIFIC / Politics
May 29, 2024

Philippines president calls new China Coast Guard rules 'worrisome'

Ferdinand Marcos Jr. decried the new rules that could result in the detention of foreigners in the South China Sea.
Toyota Chairman Akio Toyoda during a news conference in Nagoya in January
BUSINESS / Companies
May 29, 2024

Toyota investors urged to vote against founding family chair

The recommendations come ahead of Toyota’s annual shareholders meeting scheduled for June 18 at its headquarters in the city of Toyota in Aichi Prefecture.
With the recent focus on the yen and individual investing, the phrase "Mrs. Watanabe" — one of the most common pieces of jargon in Japanese financial circles — has seen a resurgence.
COMMENTARY / Japan
May 29, 2024

My search for the original 'Mrs. Watanabe'

Yen retail traders are back in the spotlight. But where did the phrase for the archetypal Japanese housewife investor come from?
Meta, the parent of Facebook, Instagram and WhatsApp, has seen threat actors rely on artificial intelligence to produce fake images, videos and text to try influencing users on its sites.
BUSINESS / Companies
May 30, 2024

Meta removes AI-generated influence campaigns from China and Israel

Social media companies such as Facebook, ByteDance’s TikTok and Elon Musk’s X have struggled with the influx of fake and misleading AI-generated content on their sites.
Russian President Vladimir Putin warned the West that NATO members in Europe were playing with fire by proposing to let Kyiv use Western weapons to strike deep inside Russia, something he said could trigger a global conflict.
WORLD / Politics
May 30, 2024

Think tank close to Kremlin says Russia should consider a 'demonstrative' nuclear explosion

The idea was suggested as a way to cow the West into refusing to allow Ukraine to use its arms against targets inside Russia.
An LDP panel's proposal on fiscal policy underscores how a weak yen and an exit from ultra-low interest rates are piling pressure on Japan to rein in its huge public debt.
BUSINESS
May 30, 2024

Japan must restore fiscal discipline to protect yen's value, LDP panel says

The views of the panel of Liberal Democratic Party lawmakers are shared by the powerful Finance Ministry, who oversees the state budget.
Trade no longer generates a surplus in Japan, reflecting a surge in the cost of energy imports and an increase in offshore production.
BUSINESS / Economy
May 30, 2024

Yen's relentless slide revives Japan's interest in structural reforms

The currency's persistent weakness has alerted policymakers to more fundamental drivers behind it, such as the nation's dwindling global competitiveness.
Chinese electric vehicles bound for shipment at the Port of Taicang in China
BUSINESS / Tech
May 30, 2024

EU seeks roadblocks for Chinese EVs without sparking trade war

Crucially, the bloc must strike a balance with its aim for more Europeans to drive EVs as it prepares to outlaw the sale of new fossil fuel-powered cars from 2035.
Entrepreneur Lee Hee-tae at his office in Seoul. Lee had planned South Korea's largest sex festival in April, but the two-day event was banned by authorities following a backlash by local rights groups.
ASIA PACIFIC / Society
May 30, 2024

Pervert or pioneer? The entrepreneur trying to get South Korea into porn

The South Korean adult content industry produces around 2,000 adult movies a year, compared with Tokyo's 2,000 a day $36.5-billion-dollar behemoth.
Australia's Josh Hazlewood, Pat Cummins and Mitchell Starc celebrate with the trophy after winning the ICC Cricket World Cup in November 2023. Australia will try to complete a rare treble of titles when the T20 World Cup begins in June.
MORE SPORTS / Cricket
May 30, 2024

Australia will chase historic treble at T20 World Cup

Australia will be aiming to become the first team to possess all three of cricket's global titles at the same time.
Magnetic paper train tickets have been in use in Japan since the late 1960s.
BUSINESS / Companies
May 30, 2024

Eastern Japan rail operators to introduce QR code tickets by March 2027

JR East and seven other railway operators will replace their decades-old magnetic ticketing system to improve efficiency and sustainability.
Ever since the Bank of Japan ended its negative rate policy, calls for the government to strengthen its fiscal discipline have been growing, with the country being haunted by public debt that is about twice the size of its gross domestic product.
BUSINESS / Economy / FOCUS
May 30, 2024

Two cheers for the end of free money in Japan

Corporations are better prepared for more expensive money than they were in the past, with strong balance sheets and a better understanding of risk.
Toyota's global sales, including those of subsidiaries Daihatsu and Hino, fell 4.5% last month from a year earlier to 835,788 vehicles.
BUSINESS
May 30, 2024

Toyota sales and output fall on Prius recall and dip in China

Global sales, including those of subsidiaries Daihatsu Motor and Hino Motors, fell 4.5% last month from a year earlier.
A bid-rigging case represents the first time the Japan Fair Trade Commission has issued a cease-and-desist order order over a project related to the COVID-19 pandemic.
BUSINESS
May 30, 2024

FTC issues cease-and-desist orders to JTB and other travel agencies

It is the first time the antitrust watchdog has issued such an order over a project related to the COVID-19 pandemic.
Prime Minister Fumio Kishida's government is implementing a tax cut of ¥40,000 per person from June to ensure income growth that outpaces inflation.
BUSINESS
May 31, 2024

Kishida government's much-touted tax cut to start in June

The prime minister has stressed that the tax cut is designed to ensure income growth that outpaces inflation.
Consumer prices excluding fresh food rose 1.9% in May in the capital, internal affairs ministry data showed Friday.
BUSINESS / Economy
May 31, 2024

Tokyo inflation picked up in May, keeping BOJ on track for rate hike

The capital's inflation figures typically serve a indicator for national trends, suggesting a similar acceleration is likely for the rest of Japan.
Former U.S. President Donald Trump gestures following the announcement of the verdict in his criminal trial over charges that he falsified business records to conceal money paid to silence adult-film actress Stormy Daniels in 2016, outside Trump Tower in New York City on Thursday.
WORLD / Crime & Legal / ANALYSIS
May 31, 2024

Trump guilty verdict adds twist to 2024 race: a convicted felon

While such a development may change the trajectory of the presidential race, few experts are confident it will.
Transport minister Tetsuo Saito speaks to reporters at the Prime Minister's Office on Thursday after meeting Prime Minister Fumio Kishida.
JAPAN
May 31, 2024

Government defers decision on ride-hailing services

Some officials from the transport ministry and Komeito are strongly opposed to fully lifting the current ban.
Tomohide Miyata, who became Eneos Holding's CEO in April
BUSINESS / Companies
May 31, 2024

Eneos seeks female directors in wake of harassment scandals

Japan's top oil refiner has nominated four women and seven outside directors to be elected by shareholders to a smaller 10-seat board.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past