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April 27, 2025
 

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Toyota is negotiating with local authorities and other parties involved to set up a wholly owned production plant in Shanghai in the wake of the Chinese government's foreign investment deregulation.
BUSINESS / Companies
Dec 24, 2024

Toyota eyes solo Lexus EV plant in Shanghai

The automaker, which currently ships Lexus models from Japan to China, intends to put the plant into production as early as around 2027.
Internally displaced Syrians from eastern Ghouta queue for food in a Damascus countryside in April 2018.
WORLD / Society
Dec 24, 2024

Global hunger crisis deepens as major nations skimp on aid

The United Nations says that, at best, it will be able to raise enough money to help about 60% of the 307 million people it predicts will need humanitarian aid next year.
Japan aims to accelerate offshore wind development as part of its decarbonization strategy.
BUSINESS / Companies
Dec 24, 2024

Japan selects two groups for third offshore wind power round

The country aims to accelerate offshore wind development as part of its decarbonization strategy.
Christians attend a Christmas mass at the Lady of Damascus church, after the ousting of Syria's Bashar Assad, in Damascus, Syria, on Tuesday.
WORLD
Dec 25, 2024

Syrian Christians attend Christmas mass for first time since Assad's fall

De facto ruler Ahmed al-Sharaa has told Christians and other groups that they will be safe in a Syria run by his group.
Palestinians gather at a charity kitchen in Khan Younis, in the southern Gaza Strip, on Dec. 4.
WORLD
Dec 25, 2024

Looting cripples Gaza food supply despite Israeli pledge to tackle gangs

Israel has failed to crack down on armed gangs attacking food convoys in Gaza, despite a pledge to do so in mid-October to help ward off famine in the Palestinian enclave, according to three U.N. and U.S. officials familiar with the matter. The commitment, made behind closed doors, seemed like a breakthrough...
Christians take selfies after a Christmas Eve Mass at the Sacred Heart Catholic Church in Banda Aceh, Sumatra, Indonesia, on Tuesday, ahead of the 20th anniversary of a magnitude 9.1 earthquake that struck the coast of Sumatra on Dec. 26, 2004, triggering a huge tsunami across the Indian Ocean.
BUSINESS / Tech
Dec 25, 2024

Blogs to Bluesky: Social media shifts responses after 2004 tsunami

In two decades, the online social media landscape has experienced a vast change, allowing information — as well as rumor and misinformation — to flow in real time.
Prime Minister Shigeru Ishiba during a news conference at the Prime Minister's Office on Tuesday
JAPAN / Politics
Dec 25, 2024

Ishiba aims for agreement on corporate political donations by March

While opposition parties are pushing for a ban on such donations, Ishiba has reiterated his opposition to such a move.
The United States Steel's Clairton Coke Works facility in Clairton, Pennsylvania. In a letter, a group that includes mayors in Pennsylvania and Indiana denounced the head of the United Steelworkers union over his refusal to negotiate in good faith with Nippon Steel its plan to acquire U.S. Steel.
BUSINESS / Companies
Dec 25, 2024

Mayors urge Biden to approve Nippon Steel acquisition of U.S. Steel

A total of 20 people, including the heads of administrative districts where U.S. Steel facilities are located, underlined the importance of the deal to the local communities.
Africa’s growing resource nationalism is prompting governments to renegotiate mining deals, aiming for a larger share of profits from mineral resources and reducing the revenues for multinational companies.
COMMENTARY / World
Dec 25, 2024

Africans demand a bigger share of their natural resources wealth

Multinational companies should hurry to find sustainable ways in which they can share risk and revenue with governments, as they do elsewhere.
This is set to be the first time Toyota will donate to a U.S. inauguration ceremony.
BUSINESS / Companies
Dec 25, 2024

Toyota to donate $1 million to Trump’s inauguration ceremony

President-elect Trump says he plans to impose a 25% tariff on all imports from Mexico, triggering concerns from automakers that rely on Mexican production for the U.S. market.
People walk past a Dior shop in Rome on Dec. 18.
BUSINESS / Economy
Dec 26, 2024

Luxury labels bulk up on lower-priced goods to broaden appeal

After more than two years of sharp price hikes, luxury labels are finding themselves at risk of alienating the middle class.
Japan Airlines jets at Tokyo's Haneda Airport in August. On Thursday, JAL announced its systems had been targeted in a cyberattack.
JAPAN
Dec 26, 2024

Japan Airlines reports cyberattack on system, impacting flights

JAL's systems appeared to have returned to normal after the router believed to have been causing the disruption was temporarily shut down.
Prime Minister Shigeru Ishiba shakes hands with Chinese leader Xi Jinping on Nov. 15 during their meeting on the sidelines of the Asia-Pacific Economic Cooperation summit in Lima.
JAPAN / Politics / FOCUS
Dec 26, 2024

Japan and China to continue delicate diplomatic dance in 2025

While Tokyo and Beijing have touted the importance of thawing ties, experts say a number of issues are likely to mean continued hedging by both sides.
People use their smartphones as they sit on motorbikes in Ho Chi Minh City on Monday.
ASIA PACIFIC
Dec 26, 2024

Sweeping Vietnam internet law comes into force

Under a new law, all tech giants operating in Vietnam must verify users' accounts via their phone numbers or Vietnamese identification numbers.
The government plans to invest ¥100 billion in Rapidus under its fiscal 2025 budget.
BUSINESS / Companies
Dec 26, 2024

Japanese government to invest ¥100 billion in Rapidus in 2025

The government hopes its investment will encourage private funding for the chipmaker, which is building a plant to produce next-generation semiconductors.
Kobayashi Pharmaceutical's Osaka factory
BUSINESS / Companies
Dec 26, 2024

Hong Kong fund increases its stake in Kobayashi Pharmaceutical

Oasis Management said its stake in Kobayashi Pharmaceutical climbed to 10.1% from 7.5%.
Comedian-turned-investor Toshiya Imura (left) and former Goldman Sachs analyst Keizo Takeiri pose prior to an interview in Tokyo on Dec. 3.
BUSINESS
Dec 26, 2024

Japanese comedian-turned-investor launches fund with 'stock geek'

The one-time entertainer, Toshiya Imura, has teamed up with Keizo Takeiri, a former Goldman Sachs analyst, to launch Japan's newest stock fund.
Prime Minister Shigeru Ishiba speaks at the meeting of the Council on Economic and Fiscal Policy on Thursday at the Prime Minister's Office.
BUSINESS / Economy
Dec 26, 2024

Japan wage growth projected to outpace inflation in fiscal 2025

In fiscal 2025, nominal wages are projected to increase 2.8% from the previous year, while the overall consumer price index is forecast to rise 2.0%.
The Japanese economy is expected to grow 1.2% in fiscal 2025 in price-adjusted real terms, according to a government forecast.
BUSINESS / Economy
Dec 26, 2024

Japan's government expects 1.2% economic growth for fiscal 2025

The government maintained its view that personal consumption will be solid thanks to stable inflation and the effects of its economic package.
The latest sale plan of Japanese government bonds reflects the government's efforts to fill a huge hole left by the BOJ's diminishing presence in the JGB market.
BUSINESS / Markets
Dec 26, 2024

Government plans to sell more JGBs for first time in four years, draft shows

Much of the increase will be made in shorter-dated debt to tap demand from Japanese banks.
According to Teikoku Databank, January price markups will center on bread products.
BUSINESS / Economy
Dec 26, 2024

Prices of 1,380 food items set to rise in Japan in January

According to a private research firm, January markups will center on bread products.
Nippon Steel's headquarters in Tokyo. The Japanese steelmaker said Thursday it has extended the closing period for its $15 billion purchase of U.S. Steel to the first quarter of 2025.
BUSINESS / Companies
Dec 26, 2024

Nippon Steel extends closing date for U.S. Steel acquisition

The estimated closing date has been revised to the first quarter of 2025.
Inflation in Tokyo accelerated for a second month in December, as the government temporarily phased out utility subsidies, a result that will likely support expectations of an interest rate hike next year.
BUSINESS / Economy
Dec 27, 2024

Inflation in Tokyo accelerates, keeping rate hike prospects intact

The Tokyo core consumer price index, which excludes volatile fresh food costs, rose 2.4% in December from a year earlier.
In the health ministry's report, customer harassment is defined as "behavior by customers, business partners, facility users and others that goes beyond what is socially acceptable and harms the environment for workers."
JAPAN
Dec 27, 2024

Japan eyes law requiring measures against harassment by customers

A new health ministry report urges companies to create an environment in which employees can work without major mental or physical concerns.
For the 20 Questions column this year, writers asked their interview subjects about everything from their lives in Japan to their thoughts on news topics.
COMMUNITY / Our Lives / 20 QUESTIONS
Dec 28, 2024

There were plenty of hot topics to opine on in 2024

We take a look back at some of the best answers that our interviewees gave for 20 Questions from throughout the year.
Takahiro Funamoto, deputy facility manager of elderly care facility Hyakuju-en in Wajima, Ishikawa Prefecture, at the damaged facility building on Dec. 5
JAPAN
Dec 27, 2024

Link probed between elderly deaths and Noto earthquake evacuations

Many local facilities including hospitals were left dysfunctional due to power and water outages and building damage.
Bank of Japan Gov. Kazuo Ueda during a news conference at the central bank's headquarters in Tokyo following a BOJ policy meeting on Dec. 19
BUSINESS / Economy
Dec 27, 2024

Some BOJ policymakers called for rate hike soon, December summary shows

The Bank of Japan held interest rates steady at 0.25% at this month's meeting.
Cabinet ministers at the Prime Minister's Office in Tokyo on Friday
JAPAN / Politics
Dec 27, 2024

Japan's Cabinet approves ¥115.5 trillion budget

The proposal exceeded ¥110 trillion for the third consecutive year in order to increase spending on defense and social welfare costs.
Some of the slush funds pooled by Kawasaki Heavy Industries were used to wine and dine Maritime Self-Defense Force personnel, the Defense Ministry said.
BUSINESS / Companies
Dec 27, 2024

Kawasaki Heavy found to have pooled ¥1.7 billion in slush funds

Some of the funds were used by the defense contractor to wine and dine Maritime Self-Defense Force personnel, the Defense Ministry said.
A Nissan dealership and a Honda dealership in Tokyo. As the two firms negotiation a potential merger, Nomura Holdings is advising Honda, while Nissan has retained Mizuho Financial Group and Bank of America.
BUSINESS / Companies
Dec 28, 2024

Honda-Nissan deal sets up next fight for bankers in Japan M&A boom

At roughly $200 billion, the volume of transactions including mergers and acquisitions in the country is up 48% this year.
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

Looking ahead to Yokohama’s Green × Expo 2027
Looking ahead to Yokohama’s Green × Expo 2027

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