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September 02, 2025
 

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Then yen strengthened on Monday beyond ¥140 per dollar ahead of a Federal Reserve policy meeting this week that is widely expected to see officials cut interest rates.
BUSINESS / Markets
Sep 16, 2024

Yen strengthens beyond ¥140 per dollar for first time since 2023

The currency appreciated as much as 0.6% versus the dollar to ¥139.96 on Monday, its strongest level since July last year.
The BMW logo. It took the German automaker more than two years to discover the extent of a braking system fault that is expected to cost the carmaker nearly €1 billion ($1.1 billion) to fix.
BUSINESS / Companies
Sep 16, 2024

BMW took two years to find extent of defect behind recall

The braking system fault is expected to cost the carmaker nearly €1 billion ($1.1 billion) to fix.
Fruits and vegetables sit wrapped in plastic in a supermarket in Tokyo in 2021
ENVIRONMENT / Sustainability
Sep 16, 2024

'Easy, convenient, cheap': How single-use plastic rules the world

Negotiators hope to reach the world's first treaty on plastic pollution this year, but single-use plastic remains hugely popular as a cheap and convenient choice.
Ryan Routh speaks during an interview at a rally to urge foreign leaders and international organizations to help provide humanitarian aid in central Kyiv in April 2022, amid Russia's invasion of its neighbor. Routh, 58, was charged with two gun-related crimes in a federal court in Florida on Monday, a day after he was spotted with a rifle hiding in shrubbery on the property line of Trump's golf course.
WORLD / Crime & Legal
Sep 17, 2024

Suspect in second Trump assassination attempt had criminal history

Ryan Routh was charged with two gun-related crimes in a federal court in Florida a day after he was found with a rifle hiding near Donald Trump's golf course.
British Prime Minister Keir Starmer and Italian Prime Minister Giorgia Meloni shake hands at a news conference in Rome on Monday.
WORLD / Politics
Sep 17, 2024

Starmer courts Meloni in Rome with eye on risk from U.K. right

The British prime minister said he’s looking to his Italian counterpart for lessons on tackling what is known as irregular migration.
A man walks in the Hong Kong's Central Financial District on March 15.
BUSINESS / Tech
Sep 17, 2024

Hong Kong preparing policy statement for artificial intelligence in finance

The guidelines are intended to signal support for the technology, while local regulators try to address its use amid the U.S.-Chinese technology conflict.
The yen has gained more than 4% this month versus the dollar amid expectations the U.S. Federal Reserve will start cutting interest rates this week.
BUSINESS / Markets
Sep 17, 2024

Hedge funds start to split on long-yen trades before Fed and BOJ meets

Some short-term funds locked in profits ahead of the monetary policy decisions this week, while others are looking to increase their long-yen positions.
Sean "Diddy" Combs arrives for the 2018 Met Gala in New York. Combs — the rap mogul whose star has plunged after a wave of sex trafficking and assault lawsuits against him — was arrested in Manhattan late on September on Monday.
WORLD / Crime & Legal
Sep 17, 2024

Rap mogul Sean 'Diddy' Combs arrested in New York amid assault lawsuits

The attorney for the Southern District of New York said the arrest stemmed from a sealed indictment filed by his office, which they expected to unseal the next day.
Women in managerial positions at Japanese firms has topped 10%, but the figure still lags far behind those in European countries and the United States.
BUSINESS / Companies
Sep 17, 2024

Women in managerial posts top 10% for first time in Japan

Women in managerial roles are slowly increasing in Japan, but the country remains far from the government's 30% target for this decade.
The Bank of Japan is holding its policy board meeting this week.
BUSINESS / Economy
Sep 17, 2024

Japan set to hold rates steady as yen rallies and LDP candidates stump

A rate hike by the Bank of Japan right after an expected cut by the Federal Reserve would cause more turbulence, UBS Securities' chief Japan economist says.
Tokyo's Ginza area marked the highest commercial land prices this year for the 19th consecutive year.
BUSINESS / Economy
Sep 17, 2024

Japanese average land price rises for third consecutive year

Overall land prices showed the first increase in 32 years in locations outside the three metropolitan areas of Tokyo, Nagoya and Osaka.
There are worries that residents' personal information would be compromised if vulnerabilities in local government security systems are left unnoticed.
JAPAN
Sep 17, 2024

Japan to conduct mock cyberattack tests on local governments

The measure aims to strengthen local governments' security by checking for system vulnerabilities.
Neuralink's Blindsight received the U.S. Food and Drug Administration's "breakthrough device" designation.
BUSINESS / Tech
Sep 18, 2024

Neuralink gets FDA's 'breakthrough device' tag for Blindsight implant

The FDA's "breakthrough" tag is aimed at speeding up the development and review of devices currently under development.
Sean "Diddy" Combs in 2017. Prosecutors have accused Combs of running a criminal enterprise to facilitate his exploitation of women, dating back at least 16 years.
WORLD / Crime & Legal
Sep 18, 2024

Sean 'Diddy' Combs pleads not guilty to sex trafficking; judge denies bail

Prosecutors said the rapper and producer used his fame to coerce women into demeaning sexual acts as part of a long-running scheme.
A United Steelworkers sign is seen outside the Great Lakes Works U.S. Steel plant in River Rouge, Michigan.
BUSINESS / Companies
Sep 18, 2024

U.S. decision on Nippon Steel bid pushed back until after election

The move offers a ray of hope for the companies, whose proposed deal appeared set to be blocked on national security grounds.
A uranium stone. Russia is the world's largest exporter of enriched uranium.
ASIA PACIFIC / Politics
Sep 18, 2024

U.S. probes uranium imports from China amid concerns over Russian ban

The U.S. banned Russian enriched uranium in December 2023 as part of an effort to disrupt Russia's ability to fund its war on Ukraine.
Japan's export growth slowed sharply in August as shipments to the United States dropped for the first time in three years.
BUSINESS / Economy
Sep 18, 2024

Japan’s export growth slows as external demand moderates

Imports climbed 2.3%, falling short of the 15% gain forecast by economists, with trade deficit widening to ¥695.3 billion.
An Apple store in Tokyo's Omotesando district
JAPAN / Crime & Legal
Sep 18, 2024

Seven quasi-gang members arrested for obstructing Apple store in Tokyo

They are believed to have been seeking to purchase many iPhone 15 handsets at the store in the Japanese capital's Shibuya Ward for resale.
Tokyo Metro is expected to announce on Friday details of its initial public offering, with sources saying the firm is considering introducing shareholder benefits.
BUSINESS / Companies
Sep 18, 2024

Tokyo Metro considers a shareholder benefits program

The subway operator is expected to announce details of its IPO on Friday, which may value the company around ¥700 billion ($5 billion).
Japan might have created the PlayStation brand, but the cost of the latest generation of the console will exclude all but the most hardcore fans.
COMMENTARY / Japan
Sep 18, 2024

PS5 Pro price is a sticker shock for the country that made the PlayStation

With even an entry-level PS5 now costing some ¥72,980 following the latest hike last month, an entire generation of Japanese could be cut off.
A soldier stands guard near the American University of Beirut Medical Center after as many as 2,800 people, including Hezbollah fighters and medics, were wounded when the pagers they use to communicate exploded across Lebanon on Tuesday
COMMENTARY / World
Sep 18, 2024

Hezbollah pager attack looks like a decapitation strike

The sophisticated nature of the attack, involving the insertion of explosive material into pagers, suggests a high level of intelligence and planning.
The World Trade Center's South Tower (left) and the North Tower burn after al-Qaida terrorists flew hijacked airliners into the buildings in New York City on Sept. 11, 2001. Nearly 3,000 people died in the incident, including 24 Japanese nationals. REUTERS
COMMENTARY / Japan
Sep 18, 2024

The forgotten impact of 9/11 on Japan

Though an ocean away, 9/11 was a wake up call to the Japanese people that the 21st century would not be an era of everlasting peace.
Workers take a midday rest at Sudirman Central Business District in Jakarta on Feb. 15. For the past two months, fund managers have boosted positions in sovereign bonds in Indonesia, as well as Thailand and Malaysia.
BUSINESS / Economy
Sep 18, 2024

How Asia is bracing for Fed’s imminent shift to rate cuts

The widely anticipated pivot is likely to bolster emerging market assets in Asia and extend their lead over global favorites such as Japan and chip stocks.
Liberal Democratic Party presidential election candidates after a campaign event in Nagoya on Saturday
JAPAN / Politics / FOCUS
Sep 18, 2024

LDP leader candidates split on separate surnames for married couples

While party conservatives worry about damaging family unity, others say it’s time to push through a legislative change.
The remains of exploded pagers on display at an undisclosed location in Beirut's southern suburbs on Wednesday. Hundreds of pagers used by Hezbollah members exploded across Lebanon on Tuesday.
WORLD
Sep 18, 2024

Taiwanese and Hungarian firms deny making Hezbollah pagers

A source close to Hezbollah previously said the devices appear to have been "sabotaged at source."
The H3 rocket, built by Mitsubishi Heavy Industries for the Japan Aerospace Exploration Agency, lifts off from Tanegashima Space Center in Kagoshima Prefecture on Feb. 17.
BUSINESS
Sep 18, 2024

Mitsubishi to provide H3 rockets for France's Eutelsat from 2027

The deal is a major overseas win for Japan's ¥220 billion ($1.55 billion) state-backed H3 rocket project.
Federal Reserve Chair Jerome Powell holds a news conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington on Wednesday.
BUSINESS / Economy
Sep 19, 2024

Fed cuts rates by half-point in decisive bid to defend economy

It is the Fed’s first rate cut in more than four years.
The world-beating record rally in Japanese shares this year has stalled, with a 12% plunge in both the Topix and Nikkei 225 gauges on Aug. 5 underscoring the risks of putting money into already high-flying equities.
BUSINESS / Markets
Sep 19, 2024

Japanese share sales reach 20-year high despite market rout

The share surge was driven in part by policymakers pushing companies to boost returns for their shareholders.
The logo of Japanese walkie-talkie maker Icom at a shop in Tokyo. The firm said that it had stopped producing the model of radios reportedly used in recent blasts in Lebanon around a decade ago.
BUSINESS / Companies
Sep 19, 2024

Walkie-talkies in Lebanon blasts were discontinued a decade ago

Thousands of electronic devices, including pagers and walkie-talkies, exploded over the last two days, killing at least 26 people and wounding more than 3,000.
Elon Musk has tried to portray the judge’s efforts as a dangerous example of state overreach and an attack on free speech, while supporters say the campaign is necessary to clean up the internet.
BUSINESS
Sep 19, 2024

Elon Musk’s X bypasses Brazil ban through a software update

Brazil’s telecoms regulator, Anatel, said there was no change in the Supreme Court decision to ban X, formally known as Twitter.
‘Mount Fuji Lawson’ becomes a symbol of Japan’s overtourism problem
A couple poses for a wedding photo in front of a Lawson in the town of Kawaguchiko, Yamanashi Prefecture, on Aug. 25.
Woman dies after possible knife attack in Setagaya
Police investigate the scene where a woman was found bleeding on a street in Tokyo's Setagaya Ward on Monday.
Japan to launch broad review of immigration policies amid rise in foreign nationals
Foreign tourists at Narita Airport in June. A report released Friday stresses that Japan is at a turning point and that current ad-hoc measures on immigration are no longer sufficient.
More sweltering days forecast for September after hottest summer on record
By the end of August, 8,341 people had been transported by ambulance for heatstroke in Tokyo alone.
How Tokyo's Ueno Zoo helps their animals cope with extreme heat
A polar bear at Ueno Zoo in Tokyo on Thursday. The Arctic animals are among the most vulnerable species to Japan's scorching summer heat and zookeepers have to take a number of precautions in order to keep them safe.
‘Mount Fuji Lawson’ becomes a symbol of Japan’s overtourism problem
A couple poses for a wedding photo in front of a Lawson in the town of Kawaguchiko, Yamanashi Prefecture, on Aug. 25.
How Tokyo's Ueno Zoo helps their animals cope with extreme heat
A polar bear at Ueno Zoo in Tokyo on Thursday. The Arctic animals are among the most vulnerable species to Japan's scorching summer heat and zookeepers have to take a number of precautions in order to keep them safe.
Japan is warming up to tattoos — just not permanent ones
Tattoos have a complex history in Japan, but new types of temporary ink are letting locals curious about body art experiment without the commitment.
Japan to launch broad review of immigration policies amid rise in foreign nationals
Foreign tourists at Narita Airport in June. A report released Friday stresses that Japan is at a turning point and that current ad-hoc measures on immigration are no longer sufficient.
Japan looks to build drone ‘shield’ in record defense budget request
A group of Ground Self-Defense Force service members discuss drone operations and capabilities at a joint static display during the Orient Shield 24 opening ceremony at the Yausubetsu Training Area in Hokkaido in July last year.

Podcast

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Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past
By Alex K.T. Martin

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