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November 22, 2025
 

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Ashwani Gupta, then-chief operating officer of Nissan, in April 2023
BUSINESS / Companies
May 31, 2024

Nissan paid ex-COO $3.7 million to quit after sexual harassment claims

Ashwani Gupta's compensation figure for leaving the company is now public in a notice of the annual shareholders’ meeting, which showed he will also receive allowances.
Chief Cabinet Secretary Yoshimasa Hayashi (left) addresses a meeting of ministers involved in compiling a policy to revise the system for foods with function claims, held at the Prime Minister's Office on Friday.
JAPAN
May 31, 2024

Japan to overhaul foods with function claims system

The overhaul plan will make it mandatory for companies to promptly report health issues related to foods with function claims to authorities to prevent spread.
As mind-numbingly big as the clean-energy price tag may be, it’s actually a bargain compared with the potential economic destruction of unabated climate change.
COMMENTARY / World
May 31, 2024

$215 trillion to save the planet is a bargain

And as mind-numbingly big as $215 trillion may be, it’s actually a bargain compared with the potential economic destruction of unabated climate change.
South Korean President Yoon Suk-yeol addresses the Korea Chamber of Commerce and Industry in Seoul on Monday as Prime Minister Fumio Kishida and Chinese Premier Li Qiang listen on.
EDITORIALS
May 31, 2024

A long-neglected trilateral resumes — to expected results

Revival of this trilateral has been driven by Chinese uncertainty: worries about its economy and anxiety regarding geopolitical developments.
A monitor showing the Nikkei 225 index and the yen exchange rate in Tokyo. The yen is expected to remain under pressure given the yawning gap between interest rates in Japan and the U.S.
BUSINESS / Economy
Jun 1, 2024

Japan spent record ¥9.8 trillion to prop up yen in past month

The record spending on intervention shows the government’s resolve to push back against speculators betting against the yen.
The dollar’s about-face came after Fed Chair Jerome Powell waved off worries that the central bank may raise interest rates again.
BUSINESS / Economy
Jun 1, 2024

The dollar’s rally falters as signs of cooling ease Fed fears

The dollar’s about-face came after Fed Chair Jerome Powell waved off worries that the central bank may raise interest rates again.
DMM Bitcoin said it would replace customers' lost bitcoin deposits with the help of other group companies.
BUSINESS / Tech
Jun 1, 2024

Japan's DMM Bitcoin says over ¥48 billion of cryptocurrency lost

It gave no details of how the incident occurred or whether an outside party had been involved, but said that it was investigating.
The National Diet Building in Nagatacho, Tokyo. The guidelines, to be released as early as this month, are expected to include measures to ensure that higher costs are reflected in product and service prices.
JAPAN
Jun 1, 2024

Japan to highlight resolve to defeat deflation

According to a draft, the government will aim to build a sustainable economy and society while resolving social problems the country faces.
Former U.S. President Donald Trump delivers remarks at Trump Tower in New York on Friday. Some Republican strategists say they believe the news of Trump's conviction will have little influence on voters' thinking by Nov. 5.
WORLD / Politics
Jun 1, 2024

Some Republicans less likely to vote for Trump after guilty verdict, poll finds

The election is still more than five months away, however, meaning much could change between now and Nov. 5.
Wang YunHe's residence in Singapore, overlooking the country's premier shopping belt.
ASIA PACIFIC / Crime & Legal
Jun 1, 2024

Singapore wealth flows face new scrutiny in superhacker case

The case is a reminder of the difficult balancing act faced by Singapore and other financial hubs as they push to attract the world’s ultra rich.
U.S. Secretary of Defense Lloyd Austin speaks during the IISS Shangri-La Dialogue in Singapore on Saturday.
ASIA PACIFIC / Politics
Jun 1, 2024

U.S. defense chief stresses commitment to Asia as concerns mount

U.S. Defense Secretary Lloyd Austin said Washington was focused on the region even as the White House grapples with the conflicts raging in Ukraine and Gaza.
Greek-flagged bulk cargo vessel Sea Champion is docked to the port of Aden, Yemen to which it arrived after being attacked in the Red Sea in what appears to have been a mistaken missile strike by Houthi militia, in February.
ENVIRONMENT / Climate change
Jun 1, 2024

How Red Sea disruptions are driving up carbon emissions

A surge of attacks on ships traveling the waters of the Red Sea is forcing shippers to reroute their vessels, driving up emissions.
In addition to the supply shortages, the yen's depreciation is also blamed for the recent surge in orange juice prices in Japan, which relies almost entirely on imported orange juice.
BUSINESS / Companies
Jun 2, 2024

Orange juice crisis hits consumers in Japan

Supply shortages have forced many Japanese makers to suspend sales of orange juice products.
A Starliner spacecraft sits atop an Atlas V rocket for a test flight in 2021.
WORLD
Jun 2, 2024

Boeing’s long-awaited crewed mission aborted just before liftoff

The next launch opportunities are June 5 and June 6, NASA said in a blog post.
Former U.S. President Donald Trump departs after delivering remarks at Trump Tower in New York on Friday.
WORLD / Politics
Jun 2, 2024

Biden's big weakness vs Trump: Voters without college degrees

Such results help set the stage for what national opinion polls show is a tied race between Biden and Trump.
Chinese Defense Minister Dong Jun speaks at the Shangri-la Dialogue security conference in Singapore on Sunday.
ASIA PACIFIC / Politics
Jun 2, 2024

A tale of two narratives: China and U.S. defense chiefs agree to disagree

Dong Jun, China’s first naval officer to be named defense minister, also took aim at U.S. allies in a speech at the Shangri-La Dialogue.
Toshimitsu Motegi
JAPAN
Jun 2, 2024

LDP's Motegi calls for fully opening up ride-hailing market

Starting in April, ride-hailing services are allowed in some parts of the country, but operators of such services are limited to taxi companies now.
A supporter of former President Donald Trump protests in Palm Beach, Florida, after the guilty verdict over falsifying business records was announced on Thursday.
COMMENTARY / World
Jun 2, 2024

Why Republicans go crawling back to Donald Trump

Donald Trump has been convicted on 34 felony counts of falsifying business records. But this is unlikely to make much difference to the Republican Party. Not only is he still the GOP’s presumptive presidential nominee; Republicans have repeatedly proved perfectly willing to forgive his indiscretions,...
Defense Minister Minoru Kihara, U.S. Defense Secretary Lloyd Austin and South Korean defense chief Shin Won-sik attend a trilateral meeting on sidelines of the Shangri-la Dialogue security conference in Singapore on Sunday.
JAPAN / Politics
Jun 2, 2024

Japan, South Korea and U.S. unveil new initiatives to cement defense ties

The three partner nations agreed to develop a framework to institutionalize trilateral cooperation within the year.
Japanese companies' capital expenditures on goods excluding software fell 0.5% in the three months through March from the previous quarter.
BUSINESS / Economy
Jun 3, 2024

Japan’s firms trim spending, reflecting headwinds to growth

Capital expenditures on goods excluding software fell 0.5% in the three months through March from the previous quarter.
Japan Post Insurance, one of the nation’s biggest life insurers, held about ¥60.9 trillion in assets as of the end of March, of which around ¥47.7 trillion were securities, mainly government bonds.
BUSINESS / Markets
Jun 3, 2024

Japan Post goes slow in buying longest bonds after BOJ rate hike

Japan Post forecast in April that the 30-year government bond yield will be 2% at the end of March 2025
Republican presidential candidate and former U.S. President Donald Trump gestures outside Trump Tower, the day after a guilty verdict in his criminal trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016, in New York on Friday.
WORLD / Politics
Jun 3, 2024

Trump warns of 'breaking point' for Americans if he's jailed

Prison time is rare for people convicted in New York state of felony falsification of business records, the charge Trump faced at his trial.
Tourists on a beach in China’s Fujian province in May
BUSINESS
Jun 3, 2024

China’s tourists to spend nearly $1 trillion on holidays at home

Spending by domestic holidaymakers is expected to be 11% higher than 2019.
In a boon to Saudi Arabia's government, which is seeking to fund a massive economic transformation plan, Saudi Aramco’s $12 billion share sale sold out shortly after the deal opened on Sunday.
BUSINESS / Markets
Jun 3, 2024

Saudi Aramco’s $12 billion stock offer sells out in hours

The extent of foreign participation will be closely watched as an indicator of interest in Saudi Arabia's assets.
The U.S. flag is magnified in Federal Reserve Bank Chair Jerome Powell's glasses during a news conference on May 1 in Washington. In his first term as U.S. president, Donald Trump broke with decades of precedent by openly attacking Powell, first for raising interest rates and then for not cutting them further.
BUSINESS / Economy
Jun 3, 2024

Traders and economists see Trump win as risk to Fed autonomy, survey shows

A push to roll back the central bank’s independence would likely rock financial markets, undermine investors’ faith and expose it to political pressure to cut interest rates.
BUSINESS / Companies
Jun 3, 2024

KKR weighs entering private credit in Japan to challenge banks

In Japan, most direct lending has been done overseas, and the domestic loan market is dominated by major banks.
The Taipei 101 building in Taipei in December 2023. Taiwan was the biggest recipient of foreign inflows in May among emerging Asian countries excluding China.
BUSINESS / Tech
Jun 3, 2024

AI fever lures $2.7 billion foreign funds back to Taiwanese stocks

Taiwan’s dominant position in the AI value chain will get another boost this week as tech giants gather on the island for its annual electronics showcase event.
Toyota Motor Chairman Akio Toyoda apologizes during a news conference in Tokyo on Monday.
BUSINESS / Companies
Jun 3, 2024

Japan's auto-testing scandal deepens, resulting in some shipment halts

Toyota and four other Japanese automakers have admitted to falsifying testing data and performing tests under inappropriate conditions, among other infractions.
A woman cycles past the Beijing Stock Exchange building on Feb. 8.
BUSINESS / Markets
Jun 3, 2024

Red tape clogs China's offshore IPO pipeline even as markets recover

China company executives and their investors said they expect the offshore IPO drought to continue this year, weighing on firms' ability to raise capital in a slowing economy.
France's President Emmanuel Macron looks on as he delivers a speech at New Caledonia's High Commissioner residency in Noumea on May 22, during his trip to the Pacific archipelago.
WORLD / Politics
Jun 3, 2024

A Pacific island in flames cuts Macron’s global ambition down to size

The French president's decision of pushing through a contentious law before New Caledonia’s provincial elections has developed into a lasting problem for the Elysee.
Japanese court orders Cloudflare to pay ¥500 million over manga piracy
Cloudflare has been ordered to pay ¥500 million after four major publishing firms accused the firm of copyright infringement for its role in hosting sites that distribute pirated copies of manga titles.
The reality of human trafficking in Japan
A view of Tokyo’s Shinjuku Ward at night. Last year in Japan, 66 people were put in protective custody as victims of human trafficking. Among them, 58 — including all 41 minors — were Japanese nationals. International pressure to act on human trafficking led Japan to make efforts to crack down on the crime, such as a tightening of conditions in 2005 for entertainer visas.
First foreign president of Hosei University looks abroad for change
Hosei University President Diana Khor, who herself was an international student, aims to encourage students to look outward and cultivate a global mindset.
Yen and Japanese bonds continue to retreat as verbal intervention lacking
The yen has deepened recent lows against the dollar as the 'sell Japan' trade gains steam ahead of big fiscal stimulus.
A dictionary revision illustrates how Japanese keeps on evolving
The reference text A Dictionary of Basic Japanese Grammar recently underwent a revision for the first time in nearly four decades.
First foreign president of Hosei University looks abroad for change
Hosei University President Diana Khor, who herself was an international student, aims to encourage students to look outward and cultivate a global mindset.
Japanese companies advised to change mindset about investment in Africa
Bernard Laurendeau, chief of Enkopa Lab Japan, in Tokyo last month
Munetaka Murakami headlines quartet looking to move to MLB via posting system
The Swallows' Munetaka Murakami has 246 career home runs in eight NPB seasons.
The reality of human trafficking in Japan
A view of Tokyo’s Shinjuku Ward at night. Last year in Japan, 66 people were put in protective custody as victims of human trafficking. Among them, 58 — including all 41 minors — were Japanese nationals. International pressure to act on human trafficking led Japan to make efforts to crack down on the crime, such as a tightening of conditions in 2005 for entertainer visas.
Why we can’t get enough of the sham of the rental family
“Rental Family,” directed and co-written by the single-named Hikari, follows out-of-work actor Phillip (Brendan Fraser), who is hired as the “token white guy” at a Tokyo agency called Rental Family.

Podcast

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

Longform

An illustration features the Japanese signs for "ganbare" (good luck) and the Deaflympics, which will be held between Nov. 15 and 26.
A century of Deaf sport finds its moment in Tokyo
By Kathryn Wortley

SUSTAINABLE JAPAN

We are pleased to announce the winners of the 6th annual Sustainable Japan Award.
We are pleased to announce the winners of the 6th annual Sustainable Japan Award.

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