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April 27, 2025
 

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People line up to use an ATM in the separatist-controlled city of Donetsk, Ukraine, days after Russian President Vladimir Putin authorized the full-scale invasion of the country in February 2022. Western financial sanctions have weighed on the Russian ruble, which has sunk from 34 to the dollar in 2013 to around 100 today.
COMMENTARY / World
Jan 27, 2025

Putin’s war is fueling Russian stagflation

For a normal country, a budget deficit of 2% of GDP would be of no concern. But Russia is not a normal country.
Hanna Shelest outside her apartment building in Odesa, Ukraine, on Jan. 20
COMMENTARY / World
Jan 27, 2025

I spent Trump’s inauguration in Ukraine. This is what I saw.

In nearly three years since Russia’s invasion, Odesa has moved from shock and fear to denial and, finally, adaptation.
Constitutional Democratic Party head Yoshihiko Noda (right) at a plenary session in the Lower House in Tokyo on Monday
JAPAN / Politics
Jan 27, 2025

Constitutional Democratic Party head grills Ishiba on diplomacy with Trump

The CDP leader raised concerns about the United States' decision to withdraw from the World Health Organization and the Paris agreement on climate change.
China's DeepSeek carries far-reaching implications for the global tech industry and supply chain.
BUSINESS / Tech
Jan 27, 2025

Why is the AI world freaking out over China's DeepSeek?

DeepSeek has far-reaching implications for the global tech industry, upending the widespread belief that the future of AI will require ever-increasing amounts of power.
Katsumi Murakami, a Lawson convenience store owner in Kobe, talks about his experience in the 1995 earthquake and how convenience stores can serve a lifeline in times of disaster.
JAPAN
Jan 28, 2025

Convenience stores' importance grew after Kobe earthquake, one owner says

The owner recalled handing out food from his Lawson convenience store following the 1995 earthquake and ensuring it was open for business three months later.
Scott Bessent, then nominee for U.S. treasury secretary, arrives for his confirmation hearing before the Senate Finance Committee on Capitol Hill in Washington on Jan. 16.
BUSINESS / Economy
Jan 28, 2025

Billionaire financier Bessent confirmed as Trump's treasury chief

The new treasury secretary will be the chief economic spokesman for President Donald Trump and his sweeping agenda of tax cuts, deregulation and trade rebalancing.
Chinese startup DeepSeek launched a free AI assistant last week that it says uses less data at a fraction of the cost of incumbent services.
BUSINESS / Tech
Jan 28, 2025

DeepSeek sparks global AI selloff, with Nvidia losing around $593 billion

Chinese startup DeepSeek launched a free AI assistant that it says uses less data at a fraction of the cost of incumbent services.
Engineers with Chinese startup DeepSeek built a competitive AI model despite U.S. attempts to curtail China’s tech development, raising questions about the effectiveness of Washington’s trade curbs.
BUSINESS / Tech / FOCUS
Jan 28, 2025

DeepSeek’s AI model tests limits of U.S. restrictions on Nvidia chips

Powerful AI software from the Chinese startup indicates its engineers built a competitive model despite U.S. attempts to curtail Beijing's tech development with trade curbs.
Bank of Japan Gov. Kazuo Ueda speaks at a news conference following the central bank's policy meeting on Friday.
BUSINESS / Economy
Jan 28, 2025

BOJ watchers think next interest rate hike will be in six months

The central bank is likely to pause a while before bringing the rate up to 0.75%, the highest rate since 1995.
Indonesian President Prabowo Subianto salutes during a welcoming ceremony at the government palace, on the sidelines of the Asia-Pacific Economic Cooperation summit, in Lima, Peru, on Nov. 14, 2024.
ASIA PACIFIC / Politics
Jan 28, 2025

New Indonesian president's reliance on military tests fragile democracy

Replacement of civilian functions with the military is raising comparisons to an authoritarian-era doctrine that let the armed forces crush dissent and dominate public life.
At a news conference regarding the joint delivery service, Yamato Holdings President Yutaka Nagao (left), and Fujitsu President Takahito Tokita (right) pose for a photo on Monday in Tokyo's Chiyoda Ward.
BUSINESS / Companies
Jan 28, 2025

Yamato and Fujitsu to launch more efficient delivery service

The two companies aim to optimize deliveries across industries by loading packages from various clients onto a single truck and improving loading rates.
A worker drives past residential buildings under construction by Chinese real estate developer Vanke in Hangzhou, in eastern China's Zhejiang province. The indebted Chinese property developer warned on Monday that it incurred major losses in 2024, a filing at the Hong Kong Stock Exchange showed.
BUSINESS / Companies
Jan 28, 2025

Rare China support shows Vanke may be too big to fail

The unusual support shows that Vanke holds a special place within China’s moribund property sector.
The government has nominated Waseda University professor Junko Koeda to join the Bank of Japan’s policy board at the end of March.
BUSINESS
Jan 28, 2025

Ishiba’s government taps academic Koeda to join BOJ board

In 2022, Koeda argued in a column in the Nikkei newspaper that it’s important to look at the negative impact of prolonged ultralow interest rates.
The flags of Panama and China are seen during a meeting held with Chinese and Panamanian companies to sign several trade agreements, in Panama City, Panama, on Aug. 26, 2024.
WORLD / Politics
Jan 28, 2025

U.S. has options to address Chinese influence in Panama, U.S. official says

Trump has previously refused to rule out the possible use of military force, drawing criticism from Washington's Latin American friends and foes alike.
A government panel said Norinchukin Bank's huge losses stemmed from excessive investments in foreign bonds.
BUSINESS
Jan 28, 2025

Norinchukin urged to tap outside expertise and diversify portfolio after losses

A government panel has advised the bank to increase members of its board with experience in financial markets, including from outside the organization.
Members of the media raise their hands for questions as outgoing Fuji TV President Koichi Minato attends a news conference in Tokyo on Monday.
JAPAN / Explainer
Jan 28, 2025

What we learned at Fuji TV's marathon Nakai scandal news conference

Longtime executive of Fuji TV Hisashi Hieda, who has been dubbed the “emperor” of the broadcaster, was not present at the news conference and did not resign.
Prime Minister Shigeru Ishiba attends an ordinary session of parliament along with his Cabinet ministers on Friday. Ishiba has toned down his stance on legally allowing married couples to have separate surnames.
JAPAN / Politics / FOCUS
Jan 28, 2025

Ishiba tones down stance on dual-surname debate

While previously being all in favor of a dual-surname system, the prime minister has recently suggested considering a "compromise" of legally expanding the use of maiden names.
SoftBank’s Masayoshi Son has said the firm plans to invest $100 billion in the U.S. over the next four years.
BUSINESS / Tech
Jan 29, 2025

SoftBank in talks to lead $500 million AI robotics funding

The startup Skild is developing software that will allow robots to perform increasingly complicated tasks.
Protestors rally to oppose U.S. President Donald Trump's order to pause all federal grants and loans, in Washington on Tuesday.
WORLD / Politics
Jan 29, 2025

Trump’s spending halt spawns day of chaos before getting blocked

Trump's order seemed to touch on a wide swath of programs running the gamut from anti-poverty initiatives to medical research.
Prime Minister Shigeru Ishiba (second from right) at a press event in Tokyo on Junglia Okinawa, a new theme park that will open in northern Okinawa Prefecture in July
BUSINESS / Companies
Jan 29, 2025

Junglia Okinawa theme park to open July 25

Junglia will have 22 attractions including "Dinosaur Safari," in which visitors can enjoy the thrill of being chased by a dinosaur.
Underneath the praise, Washington, Wall Street and Silicon Valley are aligned in their view of DeepSeek as a key competitor to Meta’s Llama.
BUSINESS / Tech
Jan 29, 2025

DeepSeek tests Meta’s ambition for U.S. open-source AI dominance

Mark Zuckerberg has long championed Meta’s open-source approach to artificial intelligence software as key to ensuring U.S. dominance over China in AI.
Though vegan restaurants have been on the upswing since 2017, Japanese vegans still lack a wide variety of options.
ENVIRONMENT / Sustainability / OUR PLANET
Jan 29, 2025

In meat- and fish-loving Japan, veganism is making a comeback

Tourism, climate goals and animal rights concerns are sparking a plant-based renaissance in a country famous for sushi and pork ramen.
Bank of Japan Gov. Haruhiko Kuroda during a news conference at the central bank's headquarters in Tokyo on Oct. 31, 2014
BUSINESS / Economy
Jan 29, 2025

BOJ policymakers divided over additional easing in Oct. 2014

The actions taken as a result of the meeting took market players by surprise, sending the yen lower against the dollar and Japanese stocks higher.
China's DeepSeek artificial intelligence app. The app’s success has shown China’s potential to surprise with even bigger breakthroughs.
BUSINESS / Tech
Jan 29, 2025

DeepSeek shows China playbook for even bigger U.S. shock on chips

The question now is how exactly the Hangzhou-founded company pulled it off — and what it means for American efforts to stay ahead of China in the tech race.
People were more concerned about the direct and specific impact of the Bank of Japan's latest rate hike on their personal lives, according to an artificial intelligence-driven analysis of various platforms, including social media.
BUSINESS / Economy
Jan 29, 2025

Japan begins feeling the pain of BOJ rate hikes more concretely

As time goes on, the BOJ’s rate increases appear to be having a stronger impact on people’s everyday lives, shifting from more abstract concepts to more concrete effects.
With China's growing military threat against Taiwan, experts argue that real deterrence — such as increased training ties with Japan, the U.S. and other nations — may be necessary to prevent an invasion and protect regional stability.
COMMENTARY / Japan
Jan 29, 2025

How to secure Taiwan as drumbeats of a looming invasion grow louder

It is high time to get creative for real deterrence to protect the democratic island.
Economic coercion has become a prominent tool in global geopolitics, with both China and the U.S. relying on it to pursue their policy goals, and more so with Donald Trump now in office.
COMMENTARY / World
Jan 28, 2025

When big countries wave their big economic sticks

There is no agreed definition of economic coercion under international law; like pornography, we know it when we see it.
DeepSeek’s latest R1 model was built with just $6 million in raw computing power and inferior AI chips, a fraction of the money and resources spent by firms like OpenAI and Alphabet’s Google.
COMMENTARY / World
Jan 28, 2025

Deepseek shows Silicon Valley’s huge blindspot on AI

OpenAI and others have coasted along believing money was their moat. It’s not.
Frustrated by policy uncertainty and modest stimulus, investors are shifting from long-term bets to short-term trades in China.
BUSINESS / Markets
Jan 29, 2025

Growth engine or casino? Global investors rethink China playbook

Investor uncertainty and policy shifts have fundamentally changed how analysts and money managers view China’s markets.
Nidec announced its takeover bid for machine manufacturer Makino Milling Machine without first making a proposal. Such nonconsensual takeover bids are increasing.
BUSINESS / Companies
Jan 29, 2025

Japanese ministry opens door to taboo corporate takeovers

It used to be common for takeover bids to be launched after both sides reached an agreement in behind-the-scenes negotiations.
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.
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.
Toyota chairman proposes record buyout of its supplier at $42 billion valuation
Toyota Motor Corp. Chairman Akio Toyoda after a meeting in Beijing last month
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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