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July 07, 2025
 

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Even small and indirect sums from the Government Pension Investment Fund would help startups to get their businesses going.
BUSINESS / Companies
Jul 29, 2024

Japanese pension funds tiptoe into moonshot tech investments

More sources of funding would help the country’s on-again-off-again quest to monetize pioneering research.
Taro Kono, Japan's digital transformation minister, during a Bloomberg Television interview in Tokyo, during which he mentioned that the Bank of Japan to needs to introduce a rate hike to stop the weak yen trend.
BUSINESS / Economy
Jul 29, 2024

Doves in ascendancy ahead of big Bank of Japan meeting this week

The central bank will likely hold rates where they are when it meets this week, according to analysts.
Fuel prices are displayed on a board at a gas station in Tokyo in September 2023. Fighting high prices is among the priority policy measures encompassed by a special spending quota for the fiscal year from April 2025.
BUSINESS
Jul 29, 2024

Japan to create priority policy spending quota in fiscal 2025

Priority measures include strengthening the country's defense capabilities, raising its birthrate and expanding investments in carbon reduction.
Shareholder backing for Toyota Motor Chairman Akio Toyoda slid to 72% at the company's annual general meeting last month.
BUSINESS / Companies
Jul 29, 2024

Toyota chairman warns he may lose board spot amid falling investor support

Akio Toyoda said he may not be reelected as a director if shareholder support for him continues to fall at the pace it did this year.
Japan's unemployment rate edged lower to 2.5% in June from 2.6% a month earlier.
BUSINESS / Economy
Jul 30, 2024

Japan’s labor market stays tight, supporting wage growth

Japan's unemployment rate edged lower to 2.5% in June from 2.6% a month earlier, the Internal Affairs Ministry reported.
Samsung has won the long-awaited approval from artificial-intelligence giant Nvidia for a version of its high-bandwidth HBM3 memory chips.
BUSINESS / Companies
Jul 30, 2024

Samsung begins closing gap in making AI memory chips for Nvidia

The advances that include winning approval from artificial-intelligence giant Nvidia come after months of stumbles for Samsung.
The Maersk Launcher, a ship chartered by The Metals Company, carries seabed samples from the remote Clarion-Clipperton Zone of the Pacific Ocean on June 7, 2021.
ENVIRONMENT / Sustainability
Jul 30, 2024

The future of deep sea mining hinges on a contentious election

The vote will determine whether companies can begin strip-mining the world’s oceans for critical metals despite concerns about the impacts.
The emphasis on lifting earnings is prompting more Japanese companies to boost investments abroad.
BUSINESS / Companies
Jul 30, 2024

Japan corporate cleanup fuels appetite for record debt sales

Japanese corporate dollar bonds have been outperforming U.S. peers, and borrowers have piled into the market with record issuance in recent months.
Harley-Davidson motorcycles on display in Tokyo. Japan's antitrust watchdog has raided the manufacturer's Japan unit for allegedly imposing excessive sales quotas on its dealers.
JAPAN
Jul 30, 2024

Harley-Davidson's Japan unit raided after quotas force dealers into hardship

The motorcycle manufacturer's unit in Tokyo is also suspected of having dealers buy Harley-Davidson models that they did not want.
U.S. Vice President Kamala Harris might maintain some of the economic policies of former President Donald Trump.
BUSINESS / Economy / FOCUS
Jul 30, 2024

A President Harris might be decidedly Trumpy in approach to Asia trade

The efforts to contain China economically is a common theme that is likely to be maintained after the election.
Demonstrators march in Valencia, Venezuela, on Monday, a day after the Venezuelan presidential election. Protests erupted in parts of Caracas and elsewhere against the re-election victory claimed by President Nicolas Maduro.
COMMENTARY / World
Jul 30, 2024

Venezuela needs its neighbors’ help more than ever

Maduro was never going to accept defeat and the idea he would quietly exit the presidential palace was always wishful thinking.
Bank of Japan Gov. Kazuo Ueda speaks during a news conference at the central bank's headquarters in Tokyo on Wednesday.
BUSINESS / Economy
Jul 31, 2024

Bank of Japan delivers one-two punch few were expecting

At its two-day policy meeting, the BOJ voted to increase its short-term policy rate target to 0.25% from a range of 0% to 0.1%.
Japan's industrial production in June fell 3.6% from the previous month, reflecting plant suspensions at vehicle-makers including Toyota due to faulty vehicle certifications.
BUSINESS / Economy
Jul 31, 2024

Japan’s industrial output falls, clouding recovery outlook

The production of cars and auto parts drove the reading lower as an ongoing probe involving carmakers such as Toyota continues to disrupt output.
The Taung Kalat Buddhist complex on Mount Popa in central Myanmar's Mandalay Region on July 7. A shrine perched on an extinct volcano in Myanmar once thronged with the bustle of pilgrims praying to flower-eating spirit Popa Maedaw, but civil war has cut the complex off from the faithful.
ASIA PACIFIC
Jul 31, 2024

War in Myanmar heartlands silences volcano shrine

The plains around the temple are now a battle zone, with the faithful blocked from access by fighting and checkpoints.
Bank of Japan Gov. Kazuo Ueda speaks during a news conference at the central bank's headquarters in Tokyo on Wednesday.
BUSINESS / Economy
Jul 31, 2024

BOJ probes website crash that blocked traders before decision

It was not immediately clear whether the website became available for everyone at the same time or if some market participants had access before others.
Diners in the Salamanca neighborhood of Madrid in 2023
BUSINESS / Tech
Jul 31, 2024

Spain ranked as the best country for remote work: report

Japan, which announced a digital nomad program on April 1, was 16th on the list.
Toyota Motor has been issued a correction order for the first time.
BUSINESS / Companies
Jul 31, 2024

Toyota Motor receives correction order from transport ministry

The ministry found indications of additional misconduct, such as falsifying test results.
Indian Prime Minister Narendra Modi addresses the media in New Delhi on June 7.
ASIA PACIFIC / Politics
Aug 1, 2024

India's state elections to test Modi after budget fails to aid swing voters

Despite talk of relief, the government has raised taxes on gains from retail investments, removed some real estate tax benefits and left income tax rates untouched.
A line of children's clothes featuring slogans about lazy, uninvolved fathers have sparked an online backlash.
BUSINESS / Companies
Aug 1, 2024

Japan store pulls 'lazy dad' kid clothes after backlash

Some commentators called them an affront to hard-working fathers, while others said they highlighted the country's childcare gender gap that weighs heavily on women.
Jera reported ¥93.4 billion in profit for the April-June quarter, down 48% from the year-before period.
BUSINESS / Companies
Aug 1, 2024

JERA's April-June profit halves; Taketoyo plant remains shut

The 1,070-megawatt (MW) Taketoyo power station in Aichi Prefecture has been shut since it was hit by a fire on Jan. 31.
Toyota's hybrids are selling well in North America, making up for sluggish demand for its vehicles in Japan and China.
BUSINESS / Companies
Aug 1, 2024

Toyota quarterly profit rises 17% on year as weak yen drives U.S. demand

Despite ongoing turmoil from a government probe that found issues with vehicle certifications, analysts still project the carmaker will post a record profit this year.
As metal prices rise, so do cases of theft, with more and an increasing number of metal cables being stolen from solar power plants in Japan.
JAPAN / Crime & Legal
Aug 1, 2024

Japan's solar plants see over 9,000 cases of cable theft since 2023

The survey were the first to be conducted by the National Police Agency on the situation, at a time when metal prices are rising.
Bank of Japan Gov. Kazuo Ueda attends a news conference after the central bank's policy meeting, in Tokyo on Wednesday.
BUSINESS / Economy
Aug 1, 2024

BOJ’s sudden hawkishness attributed to yen defense

Economists believe political pressure may have had something to do with the central bank’s shift in stance.
Nissan CEO Makoto Uchida (left) and Honda CEO Toshihiro Mibe hold a joint news conference in Tokyo on Thursday.
BUSINESS / Companies
Aug 1, 2024

Honda and Nissan to tighten ties on software, batteries and EV knowhow

Honda and Nissan sales fell about 40% and 27%, respectively, in June alone in China following the shutdown of some of their local plants.
Seven Eleven officials receives a Guinness World Records' certificate for its product as the most sold freshly made curry bread in volume in 2023 during a ceremony in Saitama Prefecture on Thursday.
BUSINESS / Companies
Aug 1, 2024

7-Eleven's curry bread certified by Guinness World Records

The ¥160 bread, fried in store, logged 76,987,667 pieces sold.
Ippei Mizuhara, the former interpreter for Shohei Ohtani, outside a U.S. federal court in Santa Ana, California, in June
BASEBALL / MLB
Aug 2, 2024

Bookmaker in Shohei Ohtani interpreter case to plead guilty

Bookmaker Mathew Bowyer worked with Ippei Mizuhara, Ohtani's ex-interpreter and friend, who admitted to taking Ohtani's money to cover his gambling debts.
Nissan CEO Makoto Uchida (left) and Honda CEO Toshihiro Mibe shake hands prior to a joint news conference in Tokyo on Thursday.
BUSINESS / Companies
Aug 2, 2024

Honda-Nissan alliance completes Japan car industry consolidation

The carmakers' cozying up to one another follows Toyota acquiring stakes in Subaru, Suzuki and Mazda.
Founded in the early 2000s, Ichiro's Malt has since become a third pole in Japan's whisky world dominated by beverage giants.
LIFE / Food & Drink
Aug 4, 2024

In sleepy Chichibu, Japan's whisky landscape is quietly shifting

Ichiro’s signature flavor profile of rich, woodsy flavors complemented by a clear fruitiness owes in large part to the tempermental 'mizunara' Japanese oak.
Photographer Gaku Lange says Japan's film photography scene is growing, but it still lags behind overseas communities.
COMMUNITY / Our Lives
Aug 5, 2024

Looking at Japan’s ‘tribal’ photography scene through a new lens

More young people in Tokyo are ditching smartphones for film cameras, but the old guard isn't necessarily pleased about it.
The Bank of Japan headquarters in Tokyo. A majority of the analysts surveyed by Bloomberg said this week’s rate hike by the central bank was appropriate, and nearly 70% expected the rate to be raised again by the end of this year.
BUSINESS / Economy
Aug 2, 2024

Most BOJ watchers rethink pace of hikes after Ueda’s hawkishness

Some 68% of 41 economists see the policy rate rising to 0.5% from 0.25% by the end of this year, according to a Bloomberg survey.
Japan braces for more quakes as authorities dismiss doomsday hype
Evacuees from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecuture, arrive at Kagoshima Port on Friday.
Heatstroke alert issued for 19 prefectures as Japan enters 'once-in-a-decade' heat wave
Japan will experience a heat wave through mid-July on a “level only seen once in a decade,” the Meteorological Agency said on June 30.
Hidden AI prompts in academic papers spark concern about research integrity
Waseda University is one of 14 institutions in eight countries found to have used hidden prompts in research papers.
Tokyo and Kyoto feature among top ‘noctourism’ destinations
Tokyo ranked second after New York and ahead of Dubai and Singapore in a ranking of the top global cities for nighttime tourism.
Elon Musk says he has created a new U.S. political party
Elon Musk looks on during a news conference with U.S. President Donald Trump in the Oval Office of the White House in Washington on May 30.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

Podcast

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

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji
By Alex K.T. Martin

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