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April 29, 2025
 

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Aeon has said that it will do its best to achieve the early release of a Japanese employee in Myanmar who was just given a one-year prison term.
JAPAN / Crime & Legal
Aug 12, 2024

Japanese employee of Aeon given one-year prison term in Myanmar

Hiroshi Kasamatsu had been charged with violating a law on daily necessities and services by selling rice at prices higher than levels set by the military regime.
California Assemblymember Dr. Jasmeet Bains, the first Sikh-American politician to be elected in the California State Legislature, poses for a picture with fellow assembly member Sharon Quirk-Silva while attending a luncheon gathering in Artesia, California, on June 8.
WORLD / Politics
Aug 13, 2024

Some U.S. Sikhs fear Modi government is threatening them

Some Sikhs in the U.S. described experiencing online harassment and surveillance at their homes.
The city of Yangon in July
JAPAN
Aug 13, 2024

Japan supermarket director detained in Myanmar released: junta

Hiroshi Kasamatsu, 53, director of Aeon Orange, which runs several supermarkets in Myanmar, was detained following an investigation into rice mills and supermarkets.
The Kremlin in Moscow on Monday
WORLD / Politics
Aug 13, 2024

Billions in dollar and euro notes reach Russia despite sanctions

Russia has managed to circumvent sanctions blocking cash imports, suggesting that dollars and euros remain useful tools for trade and travel.
An unmanned cargo aircraft developed by Sichuan Tengden Sci-tech Innovation takes part in a maiden flight at an airport in Zigong, Sichuan province, China, on Sunday.
BUSINESS / Tech
Aug 13, 2024

China test-flies biggest cargo drone as low-altitude economy takes off

China's civilian drone makers are testing larger payloads as the government pushes to build a low-altitude economy.
Afghan girls weave a carpet at their house in Kabul on July 20.
WORLD / Politics
Aug 13, 2024

Three years after Taliban's return, economic woes loom large

While security has improved, many Afghans are just trying to make ends meet.
Designed by Bob Foundation in collaboration with Sugita Ace, the Sonaete series of disaster preparedness kits are packaged in bags, boxes and pouches that look attractive in homes.
LIFE / Style & Design / ON: DESIGN
Aug 13, 2024

Stylish emergency goods can save precious seconds when disaster strikes

Eye-catching go bags, canary-inspired whistles and more aesthetically pleasing emergency preparedness items you'll want to keep within arm's reach.
A monitor shows an increase in the 225-issue Nikkei average, in Tokyo on Tuesday.
BUSINESS / Markets
Aug 13, 2024

Nikkei surges 3.5% on return from holiday as weak yen supports

The Nikkei average ended the day at the session's peak of 36,232.51, trading higher in the last 40 minutes of trading.
A Bank of Japan report said input prices for firms gained 3.0% from a year earlier.
BUSINESS / Economy
Aug 13, 2024

Japan’s producer inflation quickens for sixth straight month

The increase reflected rising prices of materials due to a weaker yen and the suspension of subsidies to ease the impact of higher electricity and gas prices.
The WisdomTree Japan Hedged Equity Fund saw an outflow of more than $400 million last week, the most since 2018.
BUSINESS / Markets
Aug 13, 2024

Yen-hedged ETF suffers exodus of cash from carry-trade fiasco

The fund’s cash withdrawal last week now puts it on pace for its worst month of outflows since December 2018, though it still has a positive haul overall for the year.
NATO Secretary-General Jens Stoltenberg (second right) takes part in the inauguration ceremony for the Deep Tech Lab - Quantum in Copenhagen on Sept. 29.
COMMENTARY / World
Aug 13, 2024

The growing strategic race in emerging technologies

Japan’s security and trading partners are increasingly serious about developing quantum capabilities. Japan has to do more to both keep pace.
Following the Paris Olympics, two swimming pools, the climbing wall and the skateboard parks are set to be dug out and moved — most of them to the poverty-stricken Seine-Saint-Denis suburb northeast of Paris.
OLYMPICS
Aug 14, 2024

Olympics infrastructure and equipment heads for 'second life' post-Games

Over decades, the world's biggest sporting event has forged a reputation for monumental waste, but Paris organizers are hoping to change that.
JPMorgan Asset Management (Japan) President Shoichi Okoshi speaks during an interview in Tokyo in July.
BUSINESS / Companies
Aug 14, 2024

JPMorgan wants a 30% female exec ratio in Japan

The Japanese affiliate of U.S. financial giant JPMorgan Chase plans to adopt the threshold within several years
Former Kobayashi Pharmaceutical President Akihiro Kobayashi, currently director in charge of compensation, speaks during a news conference in Osaka earlier this month.
BUSINESS / Companies
Aug 14, 2024

Chinese shoppers’ infatuation with Japanese brands wears thin

The backlash is reminiscent of last year’s outcry over the Fukushima wastewater release
Henry VIII had to deal with xenophobic mobs in England too — and he did so harshly and imperfectly. But there’s an abiding lesson to be learned.
COMMENTARY / World
Aug 14, 2024

The U.K. riots and an evil day 500 years ago in London

The enmity focused on the foreign-born may have been sparked by misinformation, but that doesn’t disguise the fact that the tinder was waiting to be lit in Britain.
Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute's Global Conference on May 6 in Beverly Hills, California.
BUSINESS / Companies
Aug 15, 2024

Musk’s free speech mantra collides with crackdowns on hate speech and disinformation

Since taking over, Musk has largely abandoned X’s prior efforts to curb misinformation, instead asking users to police themselves.
Major Japanese restaurant chains posted solid earnings for the first half of the year or the quarter ended in June, as price increases boosted per-customer spending.
BUSINESS / Companies
Aug 15, 2024

Japanese restaurant chains post solid earnings

The chains successfully attracted customers after price increases by actively launching new menus and limited-time products.
An Apple Store in New York on July 29
BUSINESS / Tech
Aug 15, 2024

Developing new tabletop home device, Apple pushes ahead with robotics shift

The company now has a team of several hundred people working on the device, which would offer a twist on products like Amazon’s Echo Show 10 and Meta Platforms’s Portal.
A monitor in Tokyo on Friday shows the Nikkei stock average rising more than 1,000 points from the previous day.
BUSINESS / Markets
Aug 16, 2024

Nikkei surges on back of strong U.S. economic data

The 225-issue Nikkei average added 3.64% to end the session at 38,062.67, a gain of 8.7% over the week.
The Bank of Japan headquarters in Tokyo. Prime Minister Fumio Kishida’s decision to step down opens the door to newcomers competing at a time when the central bank is paving the way for policy normalization.
BUSINESS / Economy
Aug 16, 2024

Japan's change of leadership comes at challenging time for monetary policy

Next month’s ruling party vote will be held against a backdrop of persistent inflation.
A monitor in Tokyo's Shibuya Ward displays a news headline reporting the Nikkei stock average plunging on Aug. 5.
BUSINESS / Markets
Aug 16, 2024

Foreign investors buying Japanese stocks after recent slump, Goldman says

The investment bank's chief Japan equity strategist notes that interest levels from certain segments of the foreign investor community have grown noticeably higher.
People look at a Ford Sports Utility Vehicle on display at a test drive point in Nha Be district in Ho Chi Minh City.
BUSINESS / Companies
Aug 16, 2024

Mitsui buys stake in Tasco Auto in bet on Vietnam’s growth

The deal makes Mitsui a strategic investor and will help Tasco’s long-term plans.
The display window of a brokerage showing the closing numbers of the Tokyo Stock Exchange, along a street in the capital on Tuesday.
BUSINESS / Markets
Aug 17, 2024

Foreign investors are trading Japan’s stocks like never before

The Nikkei 225-issue average slumped 12% on Aug. 5, the biggest percentage fall since Black Monday in 1987, before rebounding 10% the next day.
An electronic stock quotation board inside a building in Tokyo
BUSINESS / Markets
Aug 17, 2024

What panic? Stocks are quickly on way back to record highs.

With U.S. equities on the rebound, this summer’s selloff is looking more like a pause in the bull market than the beginning of its end.
A growing number of ransomware attacks has forced Japanese firms to take measures to combat computer viruses that encrypt data until a ransom is paid.
BUSINESS / Tech
Aug 17, 2024

Ransomware attacks force companies to take precautionary measures

In many cases, attackers apparently gain entry via network devices for remote work, through clients and affiliated companies or systems at data centers.
A tug boat assists a container ship to its berth in Long Beach, California, on June 17.
BUSINESS / Economy
Aug 19, 2024

Busiest U.S. ports absorb import surge nearing pandemic-era frenzy

The ports of Los Angeles and Long Beach, which account for roughly a third of all U.S. container imports, had their third-strongest month ever in July.
People take part in a protest organized by pro-abortion rights, pro-LGBT rights and pro-Palestinian activists, on the eve of the Democratic National Convention, in Chicago on Sunday.
WORLD / Politics
Aug 19, 2024

Pro-Palestinian delegates to Democratic convention to push for Israel arms embargo

Pro-Palestinian activists say Harris has been more sympathetic to Gazans than Biden has been.
Bags of Indian spices and dry fruits at a roadside shop in New Delhi on May 3
BUSINESS
Aug 19, 2024

Nearly 12% of India's tested spice samples fail quality and safety standards

The Food Safety and Standards Authority of India conducted inspections, sampling and testing of mixed spice blends.
The listing ceremony of Ola Electric Mobility at the National Stock Exchange in Mumbai, India, on Aug. 9
BUSINESS / Companies
Aug 19, 2024

Mumbai debuts deliver for SoftBank after market retreat from AI trims gains

Three firms backed by SoftBank have made solid debuts in the past week, in a positive sign after the Vision Fund fell to a loss of ¥204.3 billion in the June quarter.
Activist funds added to their holdings during the Aug. 5 selloff in the Japanese stock market, an indication that they don’t mind taking significant risks to boost their stakes in target companies.
BUSINESS / Markets
Aug 19, 2024

Activists bought Japanese stocks during worst rout since 1987

Activists bought a total of 2.8 million shares during the Aug. 5 selloff, the most in at least 60 days.
China seizes disputed reef near key Philippine military outpost
China Coast Guard officers unfurl a national flag on Sandy Cay reef, near the Philippine-held Thitu Island, in disputed waters of the South China Sea this month in this screen shot taken from Chinese state broadcaster CCTV.
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.
California says it overtakes Japan to become world’s No. 4 economy
Vehicles travel along the 110 freeway in downtown Los Angeles. California's GDP has overtaken Japan's to become the world's fourth largest economy, according to the U.S. state.
Arunima Mazumdar: ‘Japanese literature has a niche but deeply engaged readership in India’
Arunima Mazumdar, a New Delhi-based communications professional, began sharing her love of Japanese literature online in 2022. The platform has grown into a robust community known as Dokusha Book Club.
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.
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.
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
Expo '25 gives the world a masterclass in mascots
2025 Osaka Expo mascot Myaku-Myaku dances on the stage during the event's official opening ceremony on April 12.

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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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