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April 28, 2025
 

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A Toyota Motor car dealership in Mexico City in 2017
BUSINESS / Companies
Nov 10, 2024

Toyota to invest $1.45 billion in Mexico

The automaker will spend the money on production of next-generation models, including a hybrid version of the Tacoma pickup truck.
Bank of Japan Gov. Kazuo Ueda said on Saturday at a forum in Switzerland that monetary tightening would be necessary in Japan if inflationary pressures from decarbonization investments exceed a certain threshold.
BUSINESS / Economy
Nov 10, 2024

Decarbonization investment to give some inflationary pressure: BOJ chief

Ueda said that monetary tightening would become necessary if inflationary pressure exceeds a certain level.
Pedestrians walk in front of the venue for COP29 Summit in Baku on the eve of UN Climate Change Conference (COP29) on Sunday.
ENVIRONMENT / Climate change
Nov 11, 2024

Who are the key voices at the COP29 climate summit in Baku?

The U.S., the world's second largest emitter comes to COP29 following an election that will put Donald Trump back in power in 2025.
An Athena Bitcoin ATM in Phoenix, Arizona, on Wednesday. Crypto advocates are taking a victory lap as the vast amounts of money they poured into the U.S. elections yielded huge dividends, from Donald Trump's reelection to downballot wins for politicians friendly to the sector.
BUSINESS / Markets
Nov 11, 2024

Bitcoin breaks $81,000 as token becomes totem for new Trump era

Trump's decisive victory in the presidential election has prompted celebratory chest-thumping from the digital-asset industry.
Toyota North America COO Jack Hollis said sales of all-electric vehicle should grow organically, without rules penalizing gas-powered car sales.
BUSINESS / Companies
Nov 11, 2024

Toyota executive lashes out at U.S. regulations promoting EV sales

The carmaker's North America COO, Jack Hollis, described them as "de facto mandates” out of sync with consumer demand.
The theft of £300,000 worth of top-grade British cheddar serves as a reminder of the quality and joy British cuisine offers, particularly through its artisanal products like cheese.
COMMENTARY / World
Nov 11, 2024

The great British cheese heist gets personal

A slice of Brightwell Ash cheese serves as a reminder of the quality and joy British cuisine offers, particularly through its artisanal products like cheese.
Many on the Bank of Japan board highlighted the need to scrutinize market developments in determining whether the economy can weather higher borrowing costs, a summary of opinions from October meeting shows.
BUSINESS / Economy
Nov 11, 2024

BOJ divided on rate hike timing, October summary shows

Many highlighted the need to scrutinize market developments, particularly yen moves, in determining whether the economy can weather higher borrowing costs.
Roki Sasaki waves to fans after the Marines' final home game of the 2024 season.
BASEBALL / Japanese Baseball / Sac Bunts
Nov 11, 2024

Posting ace Roki Sasaki will leave Marines in awkward position

The Marines ace is expected to move to an MLB organization this winter.
China's finance ministry estimates "hidden debt" — or debt accumulated through local government financing vehicles — was at 14.3 trillion yuan ($2 trillion) at the end of 2023.
BUSINESS / Economy
Nov 11, 2024

What you need to know about China's $1.4 trillion debt package

Beijing aims to swap "hidden debt" for official debt to help local governments save hundreds of billion yuan in interest, and unclog money pipes to the real economy.
Sports motorbikes in various colors are sold at a Yamaha dealer in Chennai, India.
BUSINESS / Companies
Nov 11, 2024

Yamaha Motor targeting Generation Z in India

There is strong demand for motorcycles in the country of more than 1.4 billion people, and local automakers with cheap products command a sizable market share.
Pocky Day has grown into an informal annual tradition since its introduction in 1999, with stores across Japan offering special edition flavors and creative packaging to mark the occasion on Nov. 11.
BUSINESS / Companies
Nov 11, 2024

Pocky Day: Japan’s sweetest occasion

Since 1999, Nov. 11 has marked Pocky Day, the date being a nod to the stick-like shape of the beloved treat.
Japanese exporters could be hit by higher U.S. tariffs.
BUSINESS / Economy
Nov 11, 2024

Trump tariffs could have a significant impact on Japanese exports

The U.S. president-elect has promised 10% to 20% duties on all goods coming into the United States.
A man walks past the Bank of Japan headquarters in Tokyo on Oct. 30.
BUSINESS
Nov 11, 2024

Worsening corporate mood and bankruptcies cloud BOJ's rate hike path

Some BOJ board members have voiced concerns that intensifying labor shortages could constrain growth, rather than lead to higher wages.
Shipping containers are seen at the Port of Nanjing in eastern China's Jiangsu province on Oct. 17.
BUSINESS / Markets
Nov 12, 2024

China approaches record $1 trillion trade surplus to world’s ire

The pace of widening puts China on a collision course with some of the world’s biggest economies by aggravating an imbalance in global commerce.
Shares in retailers may rise after Prime Minister Shigeru Ishiba formed a minority government that may cut taxes to lure cooperation from opposition parties.
BUSINESS / Economy
Nov 12, 2024

Minority government in Japan can help retail stocks and utilities

Prime Minister Shigeru Ishiba may cut taxes to keep smaller parties on side — increasing workers’ disposable income.
Soldiers patrol as people flee armed gang violence in Yajalon, Chiapas state, Mexico, on June 9.
WORLD / Crime & Legal
Nov 12, 2024

Crime costs Latin America and Caribbean almost what region spends on education

Beyond the human toll, the cost of crime amounts to almost 80% of the region's public budgets for education.
Japan will urge automakers to make all new passenger cars biofuel-compatible by the early 2030s, with an action plan from the industry ministry expected next summer.
BUSINESS / Economy
Nov 12, 2024

Japan to aim for all new cars to be biofuel-compatible in 2030s

The ministry will adopt an action plan around next summer and also plans to support the necessary renovation of gas stations.
KitKat packets manufactured by Nestle in London
BUSINESS / Companies
Nov 12, 2024

Nestle's KitKat signs Formula 1 deal as CEO Freixe seeks broader appeal

The aim of the deal was to improve KitKat's global reach and appeal to shoppers under 30 years old.
Two Harvard University students have adapted the Ray-Ban Meta smart glasses and computer software to create spectacles utilizing existing face recognition technology to identify people in real time.
BUSINESS / Tech
Nov 12, 2024

Are face-scanning smart glasses a problem or prophecy?

A hack by two Harvard University students raises concern about the unforeseen risks of artificial intelligence and mixing of existing technologies.
Global investment firms plan to beef up hiring in Japan, as deals surge on the domestic market.
BUSINESS / Companies
Nov 12, 2024

Global investment firms hunt for talent in Japan as deals boom

The hiring spree underscores the intensity of dealmaking in Japan, which has been a rare bright spot amid a slowdown in M&A deals globally over the last couple of years.
SoftBank returned to the black in the three months to September, as it benefited from higher share prices of listed companies in its Vision Fund investment vehicles.
BUSINESS / Companies
Nov 12, 2024

SoftBank back to quarterly profit with ¥1.18 trillion gain

The tech giant benefited from higher share prices of listed companies in its Vision Fund investment vehicles.
An infrastructure project in the city of Mumbai. The International Monetary Fund forecasts 7.0% growth for India in 2024 and 6.5% in 2025, compared with 0.3% growth for Japan this year and 1.1% next year.
BUSINESS / Economy
Nov 12, 2024

India set to overtake Japan in GDP rankings

Economic stagnation and a weak yen could take Japan's economy to fifth place globally as early as next year.
Prime Minister Shigeru Ishiba, who doubles as president of the ruling Liberal Democratic Party, speaks at a gathering on the party's political reform plans on Tuesday in Tokyo.
JAPAN / Politics
Nov 12, 2024

Ishiba's minority government begins first day of business with focus on reform

With the ruling coalition no longer having a majority, Ishiba will likely be forced to make significant concessions to the opposition camp.
A BitBase cryptocurrency exchange in Barcelona on Monday. Bitcoin’s record-breaking rally took the digital asset past $89,000 as traders bet on a boom under President-elect Donald Trump.
BUSINESS / Tech
Nov 13, 2024

Swagger returns to cryptocurrency as bitcoin soars

Crypto is in the grip of a market mania the likes of which it hasn’t seen since 2021.
John Tierney is replacing Jonathan Lewis as CEO of Nomura Europe Holdings and Nomura International, the bank’s key European subsidiaries, according to a statement Tuesday.
BUSINESS / Companies
Nov 13, 2024

Nomura changes course on top European banker after eight months

Nomura has come under pressure to improve its operations since Japanese regulators found that one of its traders had manipulated the market for government bonds.
A fund controlled by Effissimo Capital Management has taken a stake in Nissan Motor.
BUSINESS / Companies
Nov 13, 2024

Nissan enters new era of turmoil as Effissimo takes stake

The big question is whether CEO Makoto Uchida can deliver a turnaround or be forced to make more drastic changes by an influential outsider.
Delivery trucks in Chiba in 2023
BUSINESS
Nov 13, 2024

Japan to promote the joint transportation of local goods

The measure is aimed at addressing the truck driver shortage in Japan.
Nippon Steel Chairman and CEO Eiji Hashimoto told a local weekly that a lawsuit is possible if the company's proposed buyout of U.S. Steel gets blocked without proper procedures being followed.
BUSINESS / Companies
Nov 13, 2024

Nippon Steel does not rule out lawsuit if U.S. Steel deal nixed, CEO says

If the deal falls through without a legitimate reason or proper procedures, the Japanese steelmaker would consider suing the U.S. government, CEO Eiji Hashimoto says.
Digital minister Masaaki Taira, who has jurisdiction over a bill to introduce an “active cyberdefense” system, speaks during an interview in Tokyo on Tuesday.
JAPAN / Politics
Nov 13, 2024

Government set to postpone submission of cyberdefense bill to next year

The delay in the bill to introduce an "active cyberdefense" system follows the ruling bloc's election drubbing, which drained the prime minister's political capital.
The corporate goods price index rose 3.4% in October from a year earlier, Bank of Japan data showed, above market forecasts for a 3.0% gain.
BUSINESS / Economy
Nov 13, 2024

Japan's wholesale inflation heightens uncertainty on rate hike timing

A spike in the price of rice, coupled with the increasing cost of nonferrous metals, food and oil, pushed up overall wholesale inflation.
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.
Japan to resist Trump efforts to form trade bloc against China
As Japan gears up for the trade talks, Prime Minister Shigeru Ishiba is also seeking to cushion the blow that the U.S. tariffs may have on the domestic economy.
As many as nine dead after driver plows into Vancouver festival crowd
An ambulance is parked at the site of the Lapu Lapu day festival, where a vehicle drove into a crowd killing several people in Vancouver on Saturday.
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.
Japan struggles with gray zone of AI deepfakes exploiting children
AI-generated content — including those made using pictures of real people, which are known as “deepfakes” — is not explicitly covered under Japan's current legal framework, nor are human-drawn illustrations that depict child abuse.
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.
Japan struggles with gray zone of AI deepfakes exploiting children
AI-generated content — including those made using pictures of real people, which are known as “deepfakes” — is not explicitly covered under Japan's current legal framework, nor are human-drawn illustrations that depict child abuse.
‘Wildcat Dome’ challenges Japan's historical narratives
On the surface, "Wildcat Dome" tells a personal story of damaged children — now adults — bound together by tragedy. Underneath, there’s a constant undercurrent of political consequence, invisible and pervasive like radioactive particles.
Reclaiming Sanya, one meal at a time
Magokoro Yoshihira (center) is the managing director of Yui Associates, which operates the neighborhood fixtures of Sanya Cafe and Juyoh Hotel. Yusuke Takahashi (left) met Yoshihira during a difficult period in his life and now works as the cafe’s chef. Nancy Anne (right) has worked for over 10 years at Juyoh Hotel and enjoys the multicultural environment.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.

Podcast

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

Longform

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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Smile! It’s ‘Sanrio Time,’ now and ever after
Smile! It’s ‘Sanrio Time,’ now and ever after

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