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July 07, 2025
 

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A television station broadcasts U.S. Federal Reserve Chair Chair Jerome Powell speaking in Jackson Hole, Wyoming, on the floor of the New York Stock Exchange in New York on Friday.
BUSINESS / Economy / ANALYSIS
Aug 24, 2024

Powell's Fed not shy about election-year cuts and ready to defend job market

The Fed chief sent a strong signal that the central bank will start cutting interest rates in mid-September, roughly seven weeks before the Nov. 5 election.
Bank of Japan Gov. Kazuo Ueda speaks during a Lower House financial affairs committee meeting in Tokyo on Friday.
BUSINESS / Economy / ANALYSIS
Aug 24, 2024

Fed's dovish shift a mixed blessing for BOJ rate hike plan

The BOJ's efforts to raise interest rates could be complicated if the two central banks' diverging policy paths keep markets jittery.
IMF chief economist Pierre-Olivier Gourinchas says Japan's inflation is higher than 2% and inflation expectations have started to move toward, or "maybe even a little bit above" the BOJ's 2% target. As a result, the BOJ is normalizing the extremely loose monetary policy it has had for decades.
BUSINESS / Economy
Aug 24, 2024

IMF sees scope for Bank of Japan to keep raising rates

The BOJ can raise interest rates gradually as heightening inflation expectations leave further scope for normalization, the IMF said.
A banner is displayed by Northern Ireland fans in protest against the redevelopment of Casement Park for use in Euro 2028, at Windsor Park in Belfast last October.
SOCCER
Aug 24, 2024

Derelict stadium for Euro 2028 highlights Belfast’s bitter divide

The issue is stirring up old divisions and proving to be an early headache for the Labour government.
Seafood for sale at a market in Zhoushan, China. Beijng's import ban has fueled an aversion to seafood in general, creating a situation it hadn't anticipated.
BUSINESS
Aug 24, 2024

China keeps door firmly closed to Japanese seafood imports

Despite assurances of safety, Beijing continues to call water released from the crippled Fukushima plant "nuclear-contaminated water."
Cho Seong-hoan tends to bees at a farm near the Demilitarized Zone, in Paju, South Korea, on Friday.
ASIA PACIFIC
Aug 25, 2024

The DMZ is an unhealed wound for South Korea. It’s also a source of great honey.

The area is home to a biodiverse landscape and is a place of deep meaning for nearby farmers whose bees can fly freely through it.
Foreign Minister Yoko Kamikawa and other officials attended a joint news conference at the Tokyo International Conference on African Development Ministerial Meeting in Tokyo on Sunday.
JAPAN
Aug 25, 2024

TICAD ministerial meeting adopts first joint statement

TICAD attendees agreed that reforming the U.N. Security Council is "indispensable for redressing historical injustices against Africa."
South Korean flags in Mokpo, South Korea, on Aug. 16
ASIA PACIFIC / Politics
Aug 26, 2024

South Korea sees U.S. by its side regardless of who is in White House

North Korea, meanwhile, sees U.S. policy toward it as remaining hostile regardless of who is in the White House.
U.S. Federal Reserve chairman Jerome Powell
BUSINESS / Economy
Aug 26, 2024

Powell’s pivot leaves traders debating size and path of rate cuts

Bond traders are now focusing in on bets over the size of the first U.S. interest rate reduction and the future path of easing.
A passenger ferry sails toward Sydney Harbor on Aug. 9. Employees in Australia, in most cases, cannot be punished for refusing to read or respond to contacts from their employers outside work hours, thanks to a new law.
BUSINESS
Aug 26, 2024

Australian workers gain right to ignore work emails and calls after hours

A new "right to disconnect" law is designed to curb the creep of work communications into personal lives.
The new V Point program offers a feature allowing members to earn double reward points when making payments with credit cards.
BUSINESS / Companies / FOCUS
Aug 26, 2024

New V Point spurs corporate economic bloc race in Japan

Competition among corporate groups in Japan is intensifying further as they strive to expand their economic influence through shared reward points.
Bank of Japan Gov. Kazuo Ueda speaks during a Lower House committee meeting on Friday.
BUSINESS / Economy / ANALYSIS
Aug 26, 2024

BOJ shows how action matters more than hawkish signs

In the debate over how central banks can affect market perceptions, the central bank may have gotten it right when in July it raised rates for a second time.
Launched in 2012 in collaboration with the Tokyo Stock Exchange, the Nadeshiko Brand recognition aims to spotlight companies that not only prioritize gender diversity but also maintain solid financial performance.
BUSINESS / Companies
Aug 26, 2024

METI to expand Nadeshiko Brand criteria for women-friendly listed firms

Companies that offer support for women’s health in a bid to foster corporate awareness and encourage long-term career development for women will be eligible.
Daiwa Securities' renewed push in Australia comes as Chief Executive Officer Akihiko Ogino seeks to increase income from outside Japan by about 40% in the next few years.
BUSINESS / Companies
Aug 26, 2024

Daiwa plans foray into Australian farm loans and real estate

The firm wants to continue its focus on lending and advisory in the clean energy space, leveraging its five staff in Sydney and Melbourne.
Space One President Masakazu Toyoda speaks at a news conference on March 13 following the failure of the firm's rocket launch in Wakayama Prefecture.
BUSINESS / Companies
Aug 26, 2024

Space One planning launch of second unit of satellite-carrying rocket

The firm's No. 1 Kairos rocket was launched on March 13, but exploded five seconds later.
The yen traded in the 143 range against the dollar on Monday, a three-week high.
BUSINESS / Markets
Aug 26, 2024

Dollar sinks against the yen, hovers near 2½-year low to sterling

The U.S. dollar also hovered near its lowest in 13 months against the euro.
Suntory's canned cocktail Minus 196 Double Lemon on sale at a store in Sydney
BUSINESS / Companies
Aug 27, 2024

Japan's Suntory bets on spirits expertise to boost U.S. canned cocktail market share

Suntory believes its annual RTD revenue could double from current levels to about $3 billion (¥434 billion) by 2030.
German Defense Minister Boris Pistorius inspects Leopard II tanks that were due to be supplied to Ukraine at a military facility in Augustdorf, Germany, in February 2023.
COMMENTARY
Aug 27, 2024

Ukraine has a Germany problem again. Here’s how to fix it.

Kyiv’s Kursk operation was aimed less at the battlefield than at Berlin and other allies.
Subway operator Tokyo Metro may raise as much as ¥350 billion as early as October, which will boost the amount of money raised in Japan’s stock market this year.
BUSINESS / Markets
Aug 27, 2024

Jumbo listings set to boost Japan’s market as sentiment recovers

Two jumbo initial public offerings may roughly triple the amount of money raised in Japan’s stock market this year as sentiment bounces back from this month’s selloff.
An artificial intelligence process sign in the Samsung Electronics hall at the IFA Consumer Electronics and Home Appliances trade fair in Berlin in 2022
BUSINESS / Tech
Aug 27, 2024

Is that voice real or AI? One startup says it can tell the difference

The latest wave of artificial intelligence technology can mimic the voice of almost anyone.
Japan's pharmaceutical shares have gained 10% since the start of July through last week.
BUSINESS / Companies
Aug 27, 2024

Japan's pharmaceutical stocks surge to record highs after market rout

The firms' market performance suggest investors favor defensive shares amid concern that global economic growth will slow.
The Panama Canal is Panama’s biggest source of revenue, bringing in nearly $5 billion last year.
BUSINESS
Aug 28, 2024

Panama Canal eases limits that caused global shipping bottleneck

Last year’s El Nino caused a significant drop in rainfall and forced the canal to implement daily transit restrictions.
The Chinese government has dismissed U.S. accusations, saying the hacking attacks attributed to Volt Typhoon are the work of cyber criminals.
BUSINESS / Tech
Aug 28, 2024

Chinese hackers breach U.S. internet firms via startup

The revelation will add to concerns over the susceptibility of U.S. critical infrastructure to cyberattacks.
Thailand's former prime minister, Thaksin Shinawatra, arrives at Ratchada Criminal Court in Bangkok on Aug. 19. The former leader's views at a dinner event last week have been closely dissected by analysts and media for days after.
ASIA PACIFIC / Politics
Aug 28, 2024

Thaksin’s dinner talk signals his clout in new Thai government

His comments have been interpreted as a blueprint that’s likely to be adopted by his daughter and her Cabinet when they take office in the next couple of weeks.
Japan is facing a pilot shortage, but hiring foreign pilots is not easy due to opposition from unions. Japanese carriers also typically pay less than airlines elsewhere.
BUSINESS / Companies
Aug 28, 2024

Pilot shortage threatens Japan’s goal for 60 million tourists

Falling short may mean missing out on lucrative tourism money as carriers simply can’t find the crew to fly the necessary number of planes.
He Xiaopeng, co-founder and chief executive officer of XPeng, speaks at a launch event for the company's Mona M03 electric vehicle in Beijing on Tuesday.
BUSINESS / Companies
Aug 28, 2024

China’s Xpeng aims to expand with mass-market cars and Europe production

The company also plans to set up a large-scale data center in Europe as efficient software collection becomes paramount for cars’ intelligent driving features.
OpenAI, whose ChatGPT is credited with accelerating the frenzy over artificial intelligence since its broad release in late 2022, has said AI should be regulated by the federal government but that the California bill creates an uncertain legal environment, and could cause entrepreneurs and engineers to leave the state.
BUSINESS / Tech
Aug 28, 2024

Big Tech wants AI to be regulated. Why do they oppose a California AI bill?

Many tech giants say the bill threatens to make the state unfavorable to AI development and deployment and puts open-source models at risk.
Founder and CEO of Telegram Pavel Durov delivers a keynote speech during the Mobile World Congress in Barcelona, in 2016.
BUSINESS / Companies
Aug 29, 2024

Telegram founder Durov charged and banned from leaving France

Pavel Durov was charged on several counts of failing to curb extremist and illegal content on Telegram, a popular messaging app.
A member of the Self-Defense Forces wipes away sweat as he conducts a search and rescue operation at a landslide site caused by heavy rain in Kumano, Hiroshima Prefecture, on July 11, 2018.
ENVIRONMENT / Boiling Point
Aug 29, 2024

Can Japan handle a heat wave and natural disaster at the same time?

Recent typhoons and the Nankai Trough megaquake alert have put the spotlight on how the country would deal with a dual disaster.
The government made it mandatory for companies to disclose their gender pay gap in 2022, but disclosure alone isn’t enough to improve the situation, data suggests.
BUSINESS / Companies
Aug 29, 2024

Disclosure rules fail to narrow Japan’s yawning gender pay gap

There has been little progress toward equality, with the highest-paying firms showing some of the biggest disparities.
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

SUSTAINABLE JAPAN

Muji has been sustainable from the beginning
Muji has been sustainable from the beginning

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