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April 27, 2025
 

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Nobuo Hayasaka, president of Kioxia Holdings, reacts after striking a bell during the company's listing ceremony at the Tokyo Stock Exchange in Tokyo on Wednesday.
BUSINESS / Companies
Dec 18, 2024

Chipmaker Kioxia surges 12% in Tokyo debut after jumbo IPO

Shares in the producer of NAND memory chips extended gains in afternoon trading after initially dropping, valuing the firm at ¥877 billion ($5.7 billion).
Real Madrid players train in Doha on Tuesday. The Spanish club is closely aligned with A22, which launched the Unify League on Tuesday.
SOCCER
Dec 18, 2024

European Super League promoters launch Unify League, call on UEFA to recognize it

It is the latest attempt by A22 to get the competition off the ground after the original European Super League collapsed in 2021.
Rep. Michael Waltz, a Republican from Florida, speaks with former President Donald Trump while attending the Iowa State Fair in Des Moines in August 2023.
WORLD / Politics
Dec 18, 2024

For Waltz, advising isolationist Trump is a Taiwan-sized challenge

Florida congressman Mike Waltz has built his reputation in Washington as a China hawk, working on a House task force to coordinate policy toward Beijing.
The fall of financial assets held by households in Japan reflected a decline in stock prices following the central bank's decision in July to raise interest rates, as well as a weaker yen.
BUSINESS / Economy
Dec 18, 2024

Japan household financial assets post first fall in eight quarters

The fall reflected a decline in stock prices following the central bank's decision in July to raise interest rates, as well as a weaker yen.
Islamic Revolutionary Guard Corps (IRGC) Commander-in-Chief Maj. Gen. Hossein Salami reviews military equipment during an IRGC ground forces military drill in the Aras area, East Azerbaijan province, Iran, on Oct. 17, 2022.
WORLD / Politics
Dec 18, 2024

Iran's Revolutionary Guards extend control of oil exports, sources say

All aspects of the oil business have come under the growing influence of the Guards.
Foreign tourists visit Tsukiji Outer Market in Tokyo in June.
JAPAN
Dec 18, 2024

Japan breaks annual visitor record with 33.4 million in just 11 months

November saw 3.19 million foreign visitors for business and leisure, according to data from the Japan National Tourism Organization.
Australian Prime Minister Anthony Albanese and Papua New Guinea leader James Marape address a news conference in Sydney on Dec. 12.
COMMENTARY / World
Dec 17, 2024

Australia shows how smart diplomacy is done

Recent deals reflect the laser focus the Australian government is devoting to its closest neighbors and a bureaucratic reorganization that translates into action.
Tokyo Comic Con took place at Makuhari Messe in Chiba on Dec. 6, 7 and 8.
CULTURE
Dec 18, 2024

Comic cons are far more than just cosplay

The conventions allow fans of comics to meet their heroes — both actors and authors — with manga and anime playing an increasingly bigger role each year.
An entanglement between club hostess Rie (Sakurako Konishi, left) and TV writer Takuya (Kou Maehara) lies at the center of Takashi Watanabe’s “More Than Words.”
CULTURE / Film
Dec 19, 2024

‘More Than Words’: A morally gray melodrama about sexual assault

Takashi Watanabe’s film concerns the plight of a bumbling TV writer whose entanglement with a club hostess leads to his downfall.
The U.S. Steel Mon Valley Works Edgar Thomson Plant along the Monongahela River in Braddock, Pennsylvania
BUSINESS / Companies
Dec 19, 2024

Despite revamped proposals, Nippon Steel deal on track to be blocked, letter shows

The letter, sent Saturday, sets the stage for U.S. President Joe Biden, who has long opposed the deal, to block it.
A television station broadcasts Jerome Powell, chairman of the U.S. Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) on Wednesday.
BUSINESS / Markets
Dec 19, 2024

U.S. stocks tumble, dollar rallies as Fed signals fewer 2025 rate cuts

After latest interest rate cut, Fed 'significantly closer' to the point where no further cuts needed: Powell
Boxes lie on a conveyor belt during Cyber Monday at Amazon's fulfillment center in Robbinsville, New Jersey, on Dec. 2.
BUSINESS / Companies
Dec 19, 2024

Amazon faces possible U.S. strikes as Christmas looms

The online retail giant has successfully resisted several unionization drives over the years.
Barclays has been a top target for British climate protestors in recent years because of the volume of its lending to the fossil-fuel industry.
BUSINESS / Companies
Dec 19, 2024

Why Barclays is one of the main targets of U.K. climate activists

Barclays has provided more bonds and loans to fossil fuel companies than any European rival over the past three years.
Rivers and canals meander through many of the townships in Ningbo, with some homes built close to the water.
ASIA PACIFIC / Politics
Dec 19, 2024

Can China shield the biggest uninsured economy from floods?

Only about 10% of Chinese families have a home insurance policy, compared to nearly 90% in the U.S.
Bank of Japan Gov. Kazuo Ueda holds a news conference after a BOJ policy meeting in Tokyo on Thursday.
BUSINESS / Economy
Dec 19, 2024

Bank of Japan opts for caution as Trump factor and wage concerns weigh

Ueda said that it might take quite a while to fully assess Japan’s wage-growth trend and the impact of the economic policies of the Trump administration.
A customer leaves a luxury eyewear shop in Hong Kong on Wednesday.
BUSINESS / Tech
Dec 19, 2024

As bitcoin soars, luxury brands consider accepting crypto payments

Luxury labels have long sought to cater to affluent shoppers from the tech industry.
A visitor takes pictures near models of military equipment and a giant screen displaying Chinese leader Xi Jinping, at an exhibition at the Military Museum of the Chinese People's Revolution in Beijing in October 2022.
ASIA PACIFIC
Dec 19, 2024

Graft scandals disrupt China military modernization, Pentagon report says

At least 15 high-ranking Chinese military officers and defense industry executives were removed between July and December 2023, the report says.
While the prospect of Eneos Holdings offloading a majority stake in JX has been mooted for years, it is coming closer to reality amid a hot market for share sales in Tokyo.
BUSINESS / Companies
Dec 19, 2024

Eneos considers IPO of up to 70% of JX Advanced Metals

Japan has seen the highest volume of IPOs this year since 2018.
The average retail gasoline price is expected to rise by over ¥5 per liter as the government has announced that it will reduce subsidies to oil wholesalers.
BUSINESS / Economy
Dec 19, 2024

Gasoline prices rise as Japanese government cuts subsidies

Until now the industry ministry has subsidized 60% of gasoline costs over ¥168 and under ¥185, but from Thursday the subsidy dropped to 30% for prices in that range.
The Dubai skyline on Dec. 15, 2023. For years, Dubai has been an ideal rear base for trafficking and money laundering, with little risk of being extradited for lack of satisfactory judicial cooperation, according to European investigators and magistrates.
WORLD / Crime & Legal
Dec 19, 2024

End of the Dubai dream for Europe's drug lords?

The Gulf emirate has been a haven for some of Europe's biggest drug traffickers, but the tide may be turning.
Sanjay Mehrotra, CEO of semiconductor company Micron, addresses Semicon India 2023, India’s annual semiconductor conference, held in Gandhinagar, Gujarat state. India is trying to boost domestic chip production, a strategic move for its industrial growth and economic security.
COMMENTARY / World
Dec 19, 2024

India’s budding chip industry: A cause for cautious optimism

Amid the global "chip war," India has entered the fray as it tries to become a semiconductor leader, a move welcomed by those diversifying supply chains away from China.
Nissan and Honda may be nearing a merger to address Nissan's struggles, forming a second major hub in Japan's auto industry to rival Toyota.
COMMENTARY / Japan
Dec 19, 2024

A Honda-Nissan merger is a slow-moving savior

Nissan is struggling — burning through cash and with billions of dollars of debt due in a little over a year.
Alice Weidel, co-leader of the Alternative for Germany, speaks during a vote of confidence at the Bundestag in Berlin on Monday.
WORLD / Politics
Dec 19, 2024

Scholz’s far-right rival puts Germany’s EU exit on the ballot

Alternative for Germany co-leader Alice Weidel says the bloc’s "socialist policy making” has "destroyed the market mechanism in Europe.”
Nissan and Honda are exploring a merger, which would create a rival to Toyota Motor in Japan and better position the combined company to face competitive challenges around the world.
BUSINESS / Companies
Dec 19, 2024

Foxconn in talks with Nissan shareholder Renault, CNA says

Renault’s stake in Nissan is a holdover from a longstanding alliance between the French automaker, Nissan and Mitsubishi Motors.
Indian Prime Minister Narendra Modi speaks during a news conference at Hyderabad House in New Delhi on Monday.
ASIA PACIFIC / Politics
Dec 19, 2024

India's Modi faces test of resilience in 2025 after year of setbacks

Having secured a third term, the prime minister faces a slowing economy with his political standing decidedly weakened.
Nippon Steel headquarters in Tokyo
BUSINESS
Dec 19, 2024

Nippon Steel to join iron ore mine project in Canada

Nippon Steel will acquire a 30% interest in the Kamistiatusset project. Its investment is seen exceeding ¥140 billion, including development costs.
Consumer prices excluding fresh food rose 2.7% in November from a year earlier driven by higher energy costs.
BUSINESS / Economy
Dec 20, 2024

Japan’s inflation accelerates on energy as BOJ seeks more data

Consumer prices excluding fresh food rose 2.7% in November from a year earlier driven by higher energy costs.
The rise in crypto heists comes as bitcoin jumped 140% this year to surpass the $100,000 mark.
BUSINESS / Tech
Dec 20, 2024

Losses from crypto hacks jump to $2.2 billion in 2024, report finds

The rise in crypto heists comes as bitcoin jumped 140% this year to surpass the $100,000 mark.
Chiefs quarterback Patrick Mahomes passes against the Browns during the second quarter in Cleveland, Ohio, on Sunday.
MORE SPORTS
Dec 20, 2024

Chiefs star Mahomes set to face Texans after injury scare

Mahomes was dropped from the Chiefs' injury report on Thursday, clearing the way for him to suit up against the Texans.
Finnish Prime Minister Petteri Orpo (right) and Prime Minister Shigeru Ishiba in Tokyo on Dec. 10 prior to talks on political, trade and economic relations
JAPAN
Dec 20, 2024

Finnish PM seeks boosted military tech ties with Japan

“Finland is keen to deepen bilateral relations, and Japan is an important strategic partner for Finland,” Prime Minister Petteri Orpo told The Japan Times.
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.
Japan doubles down on stimulus to counter effects of Trump tariffs
Prime Minister Shigeru Ishiba speaks about U.S. tariffs in Tokyo last week.
Tokyo court fines Amazon Japan ¥35 million over counterfeit products
Takahiro Fujii (center), the president of Try and E, and his lawyers speak during a news conference on Friday in Tokyo after a ruling was handed down in a case against Amazon Japan.
Francis laid to rest as 400,000 mourn pope 'with open heart'
Pallbearers carry the coffin of Pope Francis at the end of the funeral ceremony in St. Peter's Square in the Vatican on Saturday.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
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.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
Japan weighs using U.S. rice imports as tariff negotiation tool with Trump
A restaurant owner pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo
Is Japan’s parliament ready to welcome more youth to its ranks?
Lower House lawmaker Kai Odake in his Tokyo office on Wednesday
Crow meat, goat tartare: Mauvaise Herbe raises its game
Crow meat, shaped into a ball and attached to a foot of the bird, is one of the peculiar offerings of game at Mauvaise Herbe.

Podcast

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

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.
By Tomoko Otake

SUSTAINABLE JAPAN

Tsukuba massif granite, one of the world’s few heritage stones
Tsukuba massif granite, one of the world’s few heritage stones

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