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August 31, 2025
 

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Tokyo Gas' liquefied natural gas terminal in Sodegaura, Chiba Prefecture, last month. The utility is considering several wind power projects in Southeast Asia amid the global decarbonization push.
ENVIRONMENT / Energy
Dec 5, 2024

Tokyo Gas eyes wind power projects in Southeast Asia

The gas utility is expected to make final investment decisions on some of the envisaged projects as early as 2025.
The headquarters of the Bank of Japan in Tokyo
BUSINESS
Dec 5, 2024

BOJ rate hike bets retreat as traders count down to key meeting

The predictions hardly budged even after one of the policy board’s most dovish members said he isn’t opposed to higher rates.
While FromSoftware's Elden Ring: Shadow of the Erdtree is a strong contender for game of the year, Black Myth: Wukong, the first AAA game made by a Chinese developer, offers some stiff competition.
LIFE / Digital / 2024 in Review
Dec 6, 2024

It’s Japan versus China for 2024’s game of the year

Elden Ring: Shadow of the Erdtree and Black Myth: Wukong both have a claim to the best game of 2024, a year marked by cultural scandals and lawsuits.
People demand South Korean President Yoon Suk Yeol's resignation at the National Assembly in Seoul on Thursday.
ASIA PACIFIC / Politics
Dec 6, 2024

South Korea's leader is likely to hang on, despite being reviled

For the impeachment movement to be successful, the opposition needs only eight of the 108 lawmakers in the ruling party to switch sides.
Koichi Katsumata is the first chef to receive a Michelin star in Japan for an 'assiette dessert' (dessert course) restaurant
LIFE / Food & Drink
Dec 8, 2024

Welcome to Yama, Japan’s first Michelin-starred dessert restaurant

“We don’t just serve food — we serve memories, stories and a sense of place,” says chef Koichi Katsumata.
Many of the investors who stuck with cryptocurrency through its ups and downs, its scandals and scams, are now basking in an I-told-you-so glow.
BUSINESS / Markets
Dec 6, 2024

Bitcoin's true believers bask in I-told-you-so glow at $100,000

The milestone marks a spectacular comeback from a “crypto winter” two years ago in the wake of the collapse of the FTX exchange in a pile of fraud.
Consumer spending dropped 1.3% in October from a year earlier, data from the internal affairs ministry showed on Friday.
BUSINESS / Economy
Dec 6, 2024

Japan's soft consumer spending unlikely to deter BOJ from raising rates again

Economists attributed the underlying softness in consumption to rising prices and warm weather, which held consumers back from purchasing seasonal apparel.
About $105 trillion is projected to be passed down from older generations over the next quarter century, according to research firm Cerulli Associates, an amount roughly equal to global gross domestic product in 2023.
BUSINESS / Economy
Dec 6, 2024

A $105 trillion inheritance windfall is on the way for U.S. heirs

The latest inheritance projection by Cerulli is 45% higher than the 25-year forecast the firm made only three years ago.
Masato Kanda, former vice finance minister for international affairs, will start his role as Asian Development Bank's president in February.
BUSINESS / Economy
Dec 6, 2024

Incoming ADB chief Kanda keeping eye on U.S. policy as Trump return looms

Any changes in tariffs, taxes and immigration restrictions in the U.S. could have a major impact on Japan and other Asian economies, he notes.
Choi Sang-mok, South Korea's finance minister, during an interview in Seoul on Thursday
BUSINESS / Markets / ANALYSIS
Dec 6, 2024

In South Korea's crisis playbook, currency stability is paramount

In the four decades since South Korea was last under martial law, the nation has significantly evolved its systems to focus on ensuring economic stability.
A Metropolitan Police Department flyer on high-paying illegal work advertised on social media, known as yami baito
JAPAN / Crime & Legal
Dec 6, 2024

Police may be able to use fake IDs to investigate yami baito

The new measures would allow investigators to sign up for shady jobs with disguised identities and make contact with individuals behind the recruitment.
Yoshiki Taniguchi (right), mayor of Aioi, Hyogo Prefecture, apologizes to Hyogo Gov. Motohiko Saito ahead of a meeting between prefectural government officials and leaders of municipalities in the prefecture held in Kobe on Nov. 26. Taniguchi publicly questioned whether Saito had the credentials to become governor before his election.
COMMENTARY / Japan
Dec 5, 2024

'Old' media blames 'new' media for success of 'populist' candidates

Many young voters, especially those in their 20s, are believed to have supported Hyogo Gov. Saito due to his social media outreach.
People in cities across Japan will pop into their local convenience store for any number of products they believe will help them with a night of drinking.
LIFE / Lifestyle / Longform
Dec 6, 2024

Hangover cures are everywhere in Japan — but do they work?

Japan’s suspect remedies make up 20% of the world’s market for hangover cures, but their success lies more in marketing than science.
Yoshihiko Noda, the leader of the Constitutional Democratic Party of Japan, speaks during an interview in Tokyo on Friday.
BUSINESS / Economy
Dec 6, 2024

CDP leader calls for gradual BOJ rate hikes

Yoshihiko Noda urged the central bank to keep a close eye on economic and overseas developments when raising rates.
JR East Executive Vice President Chiharu Watari speaks during a news conference in Tokyo on Friday.
BUSINESS
Dec 6, 2024

JR East applies to raise fares by average of 7% in March 2026

The company plans to raise standard fares by 7.8%, commuter passes by 12% and student commuter passes by 4.9%.
A Ukrainian serviceman wipes a mirror at an outdoor washbasin near the Kharkiv region in November.
WORLD
Dec 7, 2024

In Ukraine, more and more exhausted soldiers abandon their posts

Since 2022, Ukraine opened nearly 96,000 criminal cases against servicemen who abandoned their positions since Russia’s invasion.
David Sacks during an event in San Francisco in 2016. President-elect Donald Trump announced on Thursday that Sacks would take on the role of "White House A.I. & Crypto Czar."
BUSINESS / Tech / ANALYSIS
Dec 7, 2024

Trump's crypto team takes shape but questions remain over who will drive policy

Some analysts said the creation of a crypto czar, a new role, sowed ambiguity over who would drive policy and flagged the potential for clashes.
A residential area of Tokyo. Rising prices has made it difficult for the child-rearing generation to secure large houses in the capital.
JAPAN / Society
Dec 7, 2024

Tokyo government considering fund for housing support

The planned fund will provide necessary financial aid for private businesses to develop affordable housing.
Employees at large Tokyo companies who travel to the office daily to work fell to 47.4% in 2024 from 53.1% in the previous year, a survey shows.
BUSINESS / Companies
Dec 8, 2024

Hybrid work on the rise for Tokyo’s office employees: NRI Survey

For the July 2024 Nomura Research Institute survey, the firm polled 3,091 people from ages 20-69 who work for large companies in Tokyo.
The United Nations once projected the world’s population would peak at 10.3 billion in the 2080s, but now expects 700 million fewer inhabitants by 2100.
COMMENTARY / World
Dec 4, 2024

Why falling fertility is not a crisis

The current population decline mirrors past transitions like the industrial revolution, where smaller families fueled economic growth and innovation.
A woman waves a Syrian opposition flag as she celebrates at Umayyad Square in Damascus on Sunday as celebrations erupted around Syria after Islamist-led rebels swept into Damascus and declared President Bashar Assad had fled the country.
WORLD / Politics / FOCUS
Dec 9, 2024

Assad’s fall in Syria puts world on watch for more Middle East chaos

Multiple Arab and U.S. officials said that a power vacuum could now be dangerous, with memories of Moammar Gadhafi in Libya and Saddam Hussein in Iraq still fresh.
Japan's economy expanded in the July-September period at a faster pace than initially estimated, with consumer spending relatively solid for a second straight quarter, in a sign that underlying strength may be returning to the economy.
BUSINESS / Economy
Dec 9, 2024

Japan’s economy shows more resilience as BOJ considers hike timing

GDP grew at an annualized pace of 1.2% in the three months through September from the previous quarter.
A Chevrolet Bolt electric vehicle (EV) at a dealership in Colma, California, on Jan. 26
BUSINESS / Tech
Dec 9, 2024

Trump's EV skepticism threatens $54 billion in Korean investments

Some Korean companies have slowed or hit the pause button on any ongoing construction of some plants in the U.S. because they’re concerned about reduced demand for EVs.
Then-U.S. President Donald Trump looks on as Federal Reserve Chair Jerome Powell speaks at the White House in Washington on Nov. 2, 2017.
BUSINESS / Economy
Dec 9, 2024

Trump says he has no plan to remove Powell as Fed chair

Powell, whose term expires in May 2026, told reporters last month that he wouldn’t step aside early if Trump asked for his resignation.
The Tokyo-based company Kioxia Holdings’ IPO price was ¥1,455, right at the middle of its range. That valued the firm at ¥784 billion ($5.2 billion).
BUSINESS / Companies
Dec 9, 2024

Bain-backed Kioxia sets IPO price, valuing memory maker at $5.2 billion

The Tokyo-based company’s IPO price was ¥1,455, right at the middle of its range.
Factory workers make jeans in Dhaka in March 2023.
BUSINESS
Dec 9, 2024

Extreme heat puts garment factory workers at risk, study shows

New European Union regulations make retailers selling in the bloc legally liable for conditions at their suppliers.
The number of bankruptcies in Japan is likely to exceed 10,000 for the first time since 2013.
BUSINESS / Companies
Dec 9, 2024

Japan's bankruptcies set to hit 11-year high in 2024, data shows

841 Japanese companies went bankrupt in November, bringing the January-November tally to 9,164, already exceeding last year's total.
Japan's current account surplus declined 13% in October from a year earlier to ¥2.46 trillion.
BUSINESS / Economy
Dec 9, 2024

Japan's current account surplus declined 13% in October

The country's trade deficit decreased to ¥155.7 billion from the year-before level of ¥487.4 billion.
The Liberal Democratic Party proposed abolishing the system of political activities funds — criticized as a hotbed for slush funds — and obligating party members to submit balance reports to a publicly accessible online database.
JAPAN / Politics
Dec 9, 2024

LDP submits bill banning most political funding but leaves 'loophole'

Prime Minister Shigeru Ishiba hopes to pass the bill this year, but that may not be possible with opposition parties holding out for a further ban on corporate donations.
A defaced mural of Sheikh Hasina, the ousted prime minister of Bangladesh, in Dhaka on Nov. 5. The new governor of Bangladesh’s central bank, Ahsan Mansur, calculates that about $17 billion was siphoned from the country’s financial system in the 15 years before Hasina's government collapsed in August.
ASIA PACIFIC / Crime & Legal
Dec 9, 2024

How the Bangladesh economy was siphoned dry

Some economists guess that the true value looted during Sheikh Hasina’s rule before she fled the country could exceed $30 billion, but no one can say for sure.
Philippine bid to acquire used Japanese warships gains steam
Tokyo is looking to transfer Abukuma-class vessels to the Philippines as part of broader efforts to boost the defense capabilities of like-minded neighbors amid growing Chinese military assertiveness in the region.
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.
Top Japan trade negotiator canceled U.S. trip over rice, report says
Ryosei Akazawa
Most Japanese teens struggling with school find end of summer ‘painful’
Some 93.1% of Japanese teenagers who struggle with school life said they felt like they “wanted to disappear from the world" at the end of summer vacation ahead of the start of a new term, according to a recent survey released by Yokohama-based nonprofit Daisan Kazoku.
Most Trump tariffs are not legal, U.S. appeals court rules
Workers hang a large poster of U.S. President Donald Trump on the facade of the Department of Labor headquarters building in Washington on Wednesday.
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 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.
YouTube Music Weekend is where Japan’s internet-born performers go global
Headlining the second day of YouTube Music Weekend is Vocaloid artist Kikuo, who, with 1.46 million YouTube subscribers, is one of the most popular artists in the genre.
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.
Can anime carry the memories of World War II?
Many schools in Japan show "Grave of the Fireflies" as educational material to tell the emotionally grueling story of a boy who has no means to prevent his sister from starving to death.

Podcast

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

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

SUSTAINABLE JAPAN

Tokyo Gas lights the way to carbon neutrality
Tokyo Gas lights the way to carbon neutrality

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