Search - 2023

 
 
The Dongmenting night market in Shenzhen, China, on Feb. 12. Hong Kong residents are flocking to nearby mainland cities in record numbers for cheaper shopping and entertainment.
ASIA PACIFIC
Mar 4, 2024

Young Hong Kongers who defied Xi are now partying in China

Thanks to new infrastructure, they can regularly go to Shenzhen where products and services are cheaper.
TSMC's new factory in Kikuyo, Kumamoto Prefecture
BUSINESS / Companies
Mar 4, 2024

Japan in the midst of a semiconductor plant construction rush

The government set aside ¥4 trillion between fiscal 2021 and fiscal 2023 for subsidies for helping companies build semiconductor plants.
The Yarra River in Melbourne. The leaders of every ASEAN member, bar Myanmar, were in Australia for a three-day summit to commemorate 50 years of relations.
ASIA PACIFIC / Politics
Mar 4, 2024

Australia and Southeast Asia push to bolster ties in China’s shadow

The leaders of every ASEAN member, bar Myanmar, were in Australia for a three-day summit to commemorate 50 years of relations.
Shiseido is aiming to cut about 1,500 jobs in Japan through early retirement program.
BUSINESS / Companies
Mar 4, 2024

Outliers in Japanese stocks’ bull run under pressure to downsize

A rising number of blue-chip Japanese companies are cutting staff — a move that used to be seen as a last resort.
J-Power is making a AU$380.9 million bid for Australian renewable energy firm Genex Power.
BUSINESS / Companies
Mar 4, 2024

J-Power makes bid for Australian renewables firm Genex

The move comes as part of the Japanese company's efforts to boost its renewable energy assets.
Akiko Ito, former commissioner of the Consumer Affairs Agency, will be Canon's first female board member if approved at its general shareholders’ meeting on March 28.
BUSINESS / Companies
Mar 4, 2024

ISS backs Canon CEO after nomination of first woman to board

Japanese firms have been slow to appoint women to senior executive roles. But they’re now facing growing pressure to meet stricter standards.
Six months have passed since Japan started releasing treated water from the Fukushima No. 1 nuclear power plant into the Pacific Ocean.
JAPAN / Politics / FOCUS
Mar 4, 2024

Fukushima water release still vexing China-Japan ties

China-bound exports of Japanese fishery products in 2023 plunged by some 30% from the previous year in value terms.
A 2015 protest against the construction of military infrastructure in Okinawa Prefecture. Many residents are also worried about the impact of a Taiwan contingency on their islands.
COMMENTARY / Japan
Mar 4, 2024

Okinawa’s peace movement carves its own path

Many Okinawans worry about a Taiwan contingency and are angered by U.S. base relocation: Grievances that have given impetus to the islands' own diplomacy.
Chinese Premier Li Qiang speaks during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, in January.
ASIA PACIFIC / Politics
Mar 4, 2024

China scraps premier's briefing, breaking years of convention

The decision removes a rare platform for investors to learn more about the nation’s policy direction under President Xi Jinping.
PFAS does not break down easily and remains in the body and the environment for a number of years, and is thus called “forever chemicals.”
JAPAN / Explainer
Mar 4, 2024

Japan’s food safety panel drafts intake limit for 'forever chemicals'

The report spells out the “tolerable daily intake” of PFAS through food for the first time. Here's what you need to know.
FIA president Mohammed Ben Sulayem in Bahrain on Friday
MORE SPORTS / Auto Racing
Mar 5, 2024

FIA chief faces allegation of interference at 2023 Saudi Grand Prix

The case revolves around the overturning of a penalty given to Aston Martin's Fernando Alonso.
The pickup in consumer prices largely reflected the fading impact of government subsidies rolled out last year to keep a lid on utility costs.
BUSINESS / Economy
Mar 5, 2024

Tokyo prices heat up again, supporting case for BOJ rate hike

Consumer prices excluding fresh food rose 2.5% in the capital, re-accelerating after cooling in January to a revised 1.8%.
Broad indications are growing that Chinese President Xi Jinping is shifting away from four decades of market-oriented reforms and financial innovation. The most powerful Chinese leader since Mao Zedong has emphasized the Communist Party’s "centralized and unified leadership” of the sector, and pledged to build "a modern financial system with Chinese characteristics” that’s completely different from the West.
BUSINESS / Companies
Mar 5, 2024

China's bankers exit industry amid crackdown on ‘hedonistic’ lifestyles

Finance workers in China are rethinking their career as Chinese President Xi Jinping signals a shift away from market-oriented reform and innovation.
The logo of semiconductor company Advanced Micro Devices is seen on a graphics processing unit chip in this illustration
BUSINESS / Tech
Mar 5, 2024

AMD hits U.S. roadblock in selling AI chip tailored for China

AMD had hoped to gain a green light from the Commerce Department to sell the AI processor to Chinese customers.
The EU hit Apple with a €1.8 billion fine ($1.9 billion) on Monday for violating the bloc's laws by preventing music streaming services from informing users about subscription options outside of its App Store.
BUSINESS / Companies
Mar 5, 2024

EU fines Apple €1.8 billion over curbs on music streaming services

The European Union found Apple had violated law by preventing music streaming services from telling users about subscription options outside its App Store.
 Alli, which will be available from April 8, is expected to reduce fat stored around internal organs and prevent obesity-related diseases.
JAPAN / Science & Health
Mar 5, 2024

Japan’s first over-the-counter anti-obesity drug to hit stores in April

The drug is expected to reduce fat stored around internal organs and prevent obesity-related diseases.
Former world No. 1 Simona Halep arrives at the Court of Arbitration for Sport in Lausanne, Switzerland, in February.
TENNIS
Mar 6, 2024

Simona Halep free to return after four-year doping ban reduced by CAS

The two-time Grand Slam singles champion had appealed to CAS in February, arguing that her positive test was the result of a "contaminated product."
The pandemic forced Rene Redzepi and Noma to adjust their 2023 pop-up from autumn to spring. Later this year, the restaurant will be returning to Kyoto to execute its preferred fall menu.
LIFE / Food & Drink
Mar 6, 2024

Rene Redzepi is bringing Noma back to Kyoto this fall

One of the world's best chefs just can't seem to stay away from Japan's ancient capital.
Bitcoin showed its boom-or-bust character Tuesday with volatile price swings.
BUSINESS / Markets
Mar 6, 2024

Record surge marks new revival for Bitcoin

The cryptocurrency has experienced a breathtaking rebound this year amid strong demand from new U.S. exchange-traded funds.
An Upper House budget committee session for questions and answers on the fiscal 2024 draft budget held Wednesday
BUSINESS / Economy
Mar 6, 2024

Japan's huge draft budget raises questions over fiscal accountability

The government allocates reserves and determines their use at Cabinet meetings, requiring only retroactive approval by parliament.
Kenichi Hosoya was taken to the Asakusa police station in Tokyo's Taito Ward on Wednesday.
JAPAN / Crime & Legal
Mar 6, 2024

Tokyo police rearrest couple accused of filicide over killing sister

Police suspect a dispute over the family business was the motive for the murder.
Since September 2022, Patagonia has allocated profits amounting to $71 million to environmental initiatives that include stopping a proposed mine in Alaska and conserving land in South America, as well as helping to elect pro-environment U.S. Democrats.
COMMENTARY / World
Mar 6, 2024

The competitive edge of doing good in business

Are companies that give all profits to charity also doing good for their business? Some examples show they are, and that this model is worth pursuing.
Ducati's Francesco Bagnaia rides during preseason testing at Lusail International Circuit near Doha on Feb. 20.
MORE SPORTS / Auto Racing
Mar 6, 2024

'Elegant' Bagnaia on quest for third title as MotoGP turns 75

Unlike Formula One, there are multiple contenders for the title as MotoGP opens its season in Qatar.
Managing Director of Cornerstone Recruitment Japan Director Matt Nicholls says a good recruiter has tenacity, drive and can handle the ups and downs of the job.
COMMUNITY / Our Lives / 20 QUESTIONS
Mar 9, 2024

Matt Nicholls: ‘People like having control over their earning potential’

A seasoned recruiter tells us why he's spent the last decade doing business in Japan and what he's learned from growing and leading multinational firms.
A DITA howitzer-gun vehicle at an arms factory in Sternberk, Czech Republic
WORLD / Politics
Mar 7, 2024

As Russia advances, Europe extends reach to source ammunition for Ukraine

Supplies of ammunition to Ukraine have been interrupted by politics, with U.S. Congress holding up a $60 billion military aid package.
JAPAN / Crime & Legal
Mar 7, 2024

Tokyo police seek former boss of luxury watch rental firm over alleged embezzlement

The suspect, who is believed to have fled Japan, allegedly sold borrowed timepieces without permission from their owners.
Beyond factors such as the "motherhood penalty," Japanese women struggle to advance in their careers due to the structure of the workforce, including the two-tiered clerical versus managerial track.
COMMENTARY / Japan
Mar 6, 2024

Why is it taking so long to break the glass ceiling?

Japan isn't unique in having a thick glass ceiling, but some factors don't apply to other countries, like the U.S., where many more managers are women.
American rapper and noted anime fan Megan Thee Stallion presented the award for anime of the year to director Shota Goshozono for “Jujutsu Kaisen: Hidden Inventory/Premature Death” at the Anime Awards on March 2
CULTURE / Film
Mar 8, 2024

Crunchyroll's Anime Awards build on star power

The streamer's event upped the glamor with celebrity attendees such as Megan Thee Stallion and Rashmika Mandanna, and "Jujutsu Kaisen" won 11 prizes.
Chef Harutomo Hagi's self-named restaurant in Iwaki was selected as the 2023 Japan Times Destination Restaurant of the Year.
LIFE / Food & Drink / Destination Restaurants
Mar 10, 2024

Hagi: French restaurant leads Fukushima revival

The Japan Times’ 2023 Restaurant of the Year is a sterling example of Fukushima’s slow and steady post-disaster revival.
Kathy Matsui in 2019
BUSINESS
Mar 8, 2024

Ex-Goldman executive Kathy Matsui says womenomics needs work

Matsui said the effort to increase women in leadership positions is "a matter of trial and error to find the best fit” for companies.

Longform

After pandemic-era border regulations eased, Indian migrants began returning to Japan. Their population now stands at more than 50,000 across the country.
How remote work is rewriting the migrant experience in Japan