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October 24, 2025
 

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After a two-day meeting of the Bank of Japan policy board ends on Thursday, Gov. Kazuo Ueda is likely to stick to the script and repeat almost verbatim his previous remarks.
BUSINESS / Markets
Oct 30, 2024

Bank of Japan set to stay course with Ueda seen sticking to script

Deviations from expectations in the statement could have an impact on markets, analysts say.
Maruti Suzuki, which is majority-owned by Suzuki Motor, will begin production of a new EV from spring 2025 at its plant in the western Indian state of Gujarat.
BUSINESS / Companies
Oct 30, 2024

Toyota to get Suzuki's first-ever EV as partnership expands

Maruti Suzuki, which is majority-owned by Suzuki, will begin production of the EV from spring 2025 in Gujarat, India.
Anna Sawai and Hiroyuki Sanada won the outstanding lead actress and actor awards in a drama series, respectively, for "Shogun" at the 76th Primetime Emmy Awards in Los Angeles on Sept. 15.
COMMENTARY / Japan
Oct 30, 2024

'Peak Japan' is now, so seize the moment, Japan

Japan has never been hotter! Japan is the number one country in the world right now, as voted on by everyone else except for the Japanese.
Kunihiro Tanaka, CEO of Sakura Internet, says the firm's data center under construction in Hokkaido will likely be fully booked by the time it comes online in three years.
BUSINESS / Companies
Oct 31, 2024

Sakura Internet loads up on Nvidia gear for data center project

Sakura’s current capacity is now fully booked, with a waiting list that extends for years.
New cars parked at Yantai port, in eastern China's Shandong province, on Oct. 21
BUSINESS / Economy
Oct 31, 2024

China tells carmakers to halt investment in some EU states, sources say

New EU tariffs on Chinese-built electric vehicles have prompted retaliation from Beijing.
U.S. Defense Secretary Lloyd Austin meets with South Korea's Defense Minister Kim Yong-hyun during the U.S.-ROK Security Consultative Meeting at the Pentagon in Washington on Wednesday.
WORLD / Politics
Oct 31, 2024

North Korea troops could lengthen and broaden Ukraine war, U.S. warns

The move looks increasingly like a deployment to support Russia's combat operations in the Kursk region, the U.S. defense secretary said.
A local resident watches Ukrainian rescuers clear debris on the site of a Russian missile strike in Dnipro, Ukraine, on Saturday.
WORLD / Politics
Oct 31, 2024

U.S. sanctions entities in India, China and Turkey over Russia war supplies

The U.S. and its allies have piled thousands of sanctions on Russia since its invasion of Ukraine, yet Russia’s GDP is projected to grow 3.5% to 4% in 2024.
Gov. Kazuo Ueda has made it clear over the past few months that any monetary policy moves are dependent on inflation and growth data being aligned with forecasts.
BUSINESS / Economy
Oct 31, 2024

Bank of Japan keeps policy rate steady at 0.25%, as expected

The central bank held its ground this week even as it faced considerable political and economic pressure and significant uncertainty on the horizon.
Japan's industrial production gained 1.4% from August, led by cars and chemical product manufacturers.
BUSINESS / Economy
Oct 31, 2024

Japan's September factory output beat estimates but was down year on year

While the figures were stronger than forecast, production was weak, and uncertainty over domestic and overseas demand clouds the outlook.
Rene Redzepi unveils his future for Noma as well as the MAD Symposium, an event 'to create a lasting generational foundation and structure that ensures that we stay creative and impactful for a lifetime.'
LIFE / Food & Drink
Nov 1, 2024

After Kyoto residency, Rene Redzepi says 'Noma will exist as a pop-up'

"You go there to feel something but then you can’t feel it again — it’s gone," Redzepi says. "I’m excited for the restaurant to operate like that.”
FamilyMart has introduced discount stickers with teary-eyed characters and the plea "Please help me" on near-expiration rice balls, sandwiches and bento boxes.
BUSINESS / Companies
Oct 31, 2024

FamilyMart trials sobbing discount stickers to help prevent food waste

The convenience store chain hopes the stickers will tug on customers’ heartstrings and encourage them to purchase items nearing their expiration dates.
With the next prime minister needing to be selected soon after the recent election, there are questions about whether the Democratic Party For the People and Nippon Ishin no Kai will support Shigeru Ishiba in his bid to remain Japan’s leader.
COMMENTARY / Japan
Oct 31, 2024

Ishiba's future in question as support from allies wavers

The question now is whether the DPP and Ishin will support the LDP nominee to ensure victory, or if they will nominate their own candidates.
Fans watch Game 5 of the World Series at Fields, a sports bar in Tokyo’s Shibuya Ward, on Thursday morning.
BASEBALL
Oct 31, 2024

Fans gather early at Shibuya bar to watch Shohei Ohtani's big night

Game 5 of the World Series started at around 9 a.m. on Thursday for fans in Japan.
Takeda Pharmaceutical raised its full-year operating profit guidance to ¥265 billion from ¥225 billion, citing a stronger than expected first-half performance and updated currency assumptions.
BUSINESS
Oct 31, 2024

Japan's Takeda raises full-year profit forecast amid restructuring

Takeda raised its full-year operating profit guidance to ¥265 billion from ¥225 billion, citing a stronger than expected first-half performance.
Boeing workers hold signs during a strike rally for the International Association of Machinists and Aerospace Workers at the Seattle Union Hall in Seattle, Washington, on Oct. 15.
BUSINESS / Companies
Nov 1, 2024

Striking Boeing workers set to vote on union-endorsed 38% wage hike offer

The vote on Monday, if approved, would be a boost for new CEO Kelly Ortberg, who is pushing for a "fundamental culture change" at the beleaguered company.
Stock data is displayed in the Lujiazui financial district in Shanghai in August.
BUSINESS / Markets / ANALYSIS
Nov 1, 2024

Investors take cover in Asia ahead of U.S. election

Money managers are looking to make bets in India or China that stand to gain regardless of who becomes president. 
The close for the Tokyo Stock Exchange, Asia’s second-biggest equities market, will be moved back to 3:30 p.m. from Tuesday.
BUSINESS / Markets
Nov 1, 2024

High-frequency traders get an extra 30 minutes for Japan stocks

The extra half-hour is raising concerns among market participants who fear the shift will give rise to machine-driven price moves.
According to Teikoku Databank, the upcoming price increases can be attributed to higher material costs and will be led by processed food and snacks.
BUSINESS / Economy
Nov 1, 2024

Japan to see price hikes for 282 food products this month

The upcoming price increases can be attributed to higher material costs and will be led by processed food and snacks.
Krishna Srinivasan, director of the International Monetary Fund's Asia Pacific Department
BUSINESS / Economy
Nov 1, 2024

Japan must avoid issuing debt to fund fresh spending, IMF says

Prime Minister Shigeru Ishiba has pledged to compile another large-scale spending package to cushion the blow to households from the rising cost of living.
Held weekly at the Red Bull Gaming Sphere in Tokyo’s Nakano Ward, Tatakai Tuesday brings together both local and visiting fighting game enthusiasts.
LIFE / Digital / ON: GAMES
Nov 2, 2024

Blood, bruises and brotherhood at Tokyo’s fighting games club

Organizers Jonathan Metoyer and Andrew Fidelis started the events to 'replicate a sense of pressure you’d feel in competitive space.'
Cream-filled 'maritozzo' buns are just one of the many sweet treats on offer at Japanese convenience stores.
LIFE / Food & Drink
Nov 3, 2024

Exploring the ‘B-gourmet wonderland’ of Japanese convenience stores

Tourists who obsess over 7-Eleven and FamilyMart can seem a bit absurd, but there's no denying the integral role these stores have in daily life in Japan.
The U.S. aircraft carrier Carl Vinson and two Japanese Maritime Self-Defense Force destroyers transit the Philippine Sea in April 2017. Washington has recently deployed additional carrier strike groups to the Middle East as tensions in the region grow.
COMMENTARY / World / Geoeconomic Briefing
Nov 1, 2024

Both U.S. presidential candidates’ security strategies raise concerns

Whoever wins the election will be strongly constrained by the challenging geopolitical environment. Plus, there is unease about both candidates' foreign policy stances.
Officials gather at the BRICS summit in Russia on Oct. 24. It it estimated that by 2040-2050, the gross domestic product of the Group of Seven countries will be surpassed by that of emerging economies, raising questions as to whether the U.S. is prepared for this shift.
COMMENTARY / World / Geoeconomic Briefing
Nov 1, 2024

The U.S. is unprepared for a multipolar world

There is little acknowledgement in the U.S. that the world it now made up of multiple centers of power, which risks making Washington's foreign policy ineffective.
Government Pension Investment Fund saw a loss of 3.6% in the three months through September, with assets totaling ¥248.2 trillion ($1.6 trillion), it said Friday.
BUSINESS / Companies
Nov 1, 2024

GPIF has worst loss since 2020 as yen strength hits assets

GPIF, one of the world’s largest state pension funds, incurred losses in three of four major asset classes.
Yuichiro Tamaki, leader of the Democratic Party for the People, speaks during an interview in Tokyo on Friday.
BUSINESS
Nov 1, 2024

Japan’s potential kingmaker says BOJ shouldn’t hike before March

The central bank needs to closely examine the results of next year’s wage deal results before moving on policy again, Tamaki said.
Tokyo's Ginza shopping district. In its revised estimates, the Cabinet Office cut its inflation-adjusted GDP growth forecast for the current fiscal year ending in March 2025 to 0.7% from 0.9% projected in July.
BUSINESS / Economy
Nov 1, 2024

Japan cuts growth forecast again for current fiscal year on weak exports

In its revised estimates, the Cabinet Office cut its inflation-adjusted GDP growth forecast for the year ending in March 2025 to 0.7% from 0.9% projected in July.
In recent years, anglophone publishers have perked up to the potential of “healing fiction,” driven by a healthy appetite for East Asian literature. Japan figures prominently in this literary landscape, and a fondness for felines in the "iyashikei" (healing type) genre has proven commercially viable abroad.
CULTURE / Books
Nov 2, 2024

Cat companions and the 'healing fiction' boom

Japan's "iyashikei" (healing type) cultural products are gaining audiences, and non-Japanese readers are craving cozy feline literature in translation.
Chipmaker Nvidia will replace rival Intel in the 128-year-old Dow Jones Industrial Average prior to the start of trading on Nov. 8.
BUSINESS / Tech
Nov 2, 2024

Nvidia to replace Intel in the Dow Jones Industrial Average

The company will replace rival Intel in the 128-year-old Dow Jones Industrial Average prior to the start of trading on Nov. 8.
The seaside town of Shika on the Noto Peninsula, where the local power provider, Hokuriku Electric, has been fighting for a decade to restart a nuclear power plant in the town’s center.
JAPAN / Society
Nov 2, 2024

Can quake-prone Japan ever embrace nuclear energy again?

The government, its makeup in flux after the LDP lost seats this week, will soon need to make decisions that will shape Japan's future nuclear policy.
Krishna Srinivasan, director of Asia and Pacific at the International Monetary Fund
BUSINESS / Economy
Nov 2, 2024

IMF Asia-Pacific chief urges Japan to start debt cuts

The leading IMF official called for Japan to "have a well fleshed-out, credible medium-term fiscal framework."
For three key Cabinet posts, Takaichi turns to an eclectic trio
Shinjiro Koizumi — son of a former prime minister and rival to the current one — was appointed defense chief after falling short in his bid for the Liberal Democratic Party presidency earlier this month.
Rare female yakuza walks path to redemption in Japan
Retired yakuza Mako Nishimura sorts fallen leaves during a clean-up activity at the Gifu Gokoku shrine in Gifu Prefecture on Sept. 28.
Driving in Japan isn’t hard. Getting the license is.
The byzantine process for converting a foreign driver’s license into a Japanese one entails mountains of paperwork and significant stamina — unless you're a lucky license holder from a country or region where these requirements are waived.
New ‘immigration minister’ post signals Takaichi Cabinet’s priorities
Kimi Onoda, economic security minister and minister for harmonious coexistence with foreign nationals, arrives at the prime minister's office in Tokyo on Tuesday.
Japan's first female PM promised more women in her Cabinet. She picked two.
Prime Minister Sanae Takaichi poses with members of the newly formed Cabinet on Tuesday night.
AI-optimized cybercrime increasingly targeting Japan
A recent cyberattack on brewer Asahi Group Holdings resulted in the company suspending shipments.
K-pop idol Chanyeol does J-pop his own way on ‘Hibi’
South Korean singer Chanyeol made his Japanese-language solo debut with the EP “Hibi,” which features six tracks inspired by his love of Japanese music.
In pictures: The day Japan’s glass ceiling finally cracked
Takaichi, surrounded by LDP influencers
London exhibition perhaps sumo's most successful trip abroad
With the recent sumo jaunt to London being essentially a goodwill exercise, <i>rikishi</i> were far more outgoing and relaxed than normal.
Nakatsu keeps its cool as gentrification looms
Shunsuke Takahashi, owner of the cafe Hood by Vargas, says the Osaka neighborhood of Nakatsu feels brighter and calmer with the influx of new businesses.

Podcast

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

Longform

The byzantine process for converting a foreign driver’s license into a Japanese one entails mountains of paperwork and significant stamina — unless you're a lucky license holder from a country or region where these requirements are waived.
Driving in Japan isn’t hard. Getting the license is.
By Thu-Huong Ha and Mike Fu

SUSTAINABLE JAPAN

Foreign wrestlers have a long history in sumo
Foreign wrestlers have a long history in sumo

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