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October 19, 2025
 

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Sharp revealed in June that it had started talks on building an artificial intelligence data center with KDDI and system integrator Datasection. On Monday, Sharp said the project will proceed without Datasection.
BUSINESS / Companies
Dec 10, 2024

KDDI to build AI data center on Sharp's LCD plant site

Construction of the data center in the city of Sakai, Osaka Prefecture, will commence by March, with KDDI aiming to begin operations in fiscal 2025.
While there’s no evidence of deliberate manipulation, increasing opacity and inconsistent data have led to doubts about the accuracy of India's official gross domestic product figures.
COMMENTARY / Japan
Dec 10, 2024

India’s statistical challenges mirror China’s past issues

India's once-strong institutional credibility in terms of economic data is weakening, much like China's, though perhaps for different reasons.
A sign warns of a nearby bear sighting in Takikawa, Hokkaido, on Oct. 17.
JAPAN / Society / Regional Voices: Hokkaido
Dec 30, 2024

Hokkaido 2024: Looking back on Rapidus, bears and shinkansen

The key topics are expected to continue making headlines in 2025.
Kioxia priced its stock at ¥1,455 ($9.6), at the middle of the price range it proposed before the IPO.
BUSINESS / Companies
Dec 10, 2024

Kioxia’s jumbo IPO shows weak sign contrary to booming market

The Bain Capital-backed memory-chip manufacturer priced its stock at ¥1,455 ($9.6), at the middle of the price range it proposed before the IPO.
U.S. President Joe Biden — born in U.S. Steel’s home state of Pennsylvania — has long signaled opposition to the company's sale to Nippon Steel.
BUSINESS
Dec 11, 2024

U.S. says review of Nippon Steel bid ongoing as U.S. Steel shares tumble

The companies are poised to pursue litigation over the process if U.S. President Joe Biden decides to block the merger, sources added.
A firefighter sprays water as the Franklin Fire burns in Malibu, California, on Tuesday.
WORLD
Dec 11, 2024

Malibu fire explodes in size and forces thousands to evacuate

The Franklin fire has swelled to more than 2,700 acres and remained completely out of control as of Tuesday afternoon.
Israeli Prime Minister Benjamin Netanyahu attends a hearing in his trial on corruption charges at the district court in Tel Aviv on Tuesday.
WORLD / Politics
Dec 11, 2024

Israel's Netanyahu dismisses allegations in corruption trial

Benjamin Netanyahu is the first sitting prime minister of Israel to face a criminal trial.
Mao Geping, chairman of Mao Geping Cosmetics Co., gestures during the company's listing ceremony at the Hong Kong Stock Exchange on Tuesday.
BUSINESS / Companies
Dec 11, 2024

China makeup mogul is a billionaire after hot Hong Kong debut

Mao Geping's namesake skincare and cosmetics firm, which listed Tuesday, raised HK$2.3 billion ($300 million) in its initial public offering.
Inflation in Japan’s corporate goods prices accelerated to the fastest pace in 16 months, an outcome that points to growing inflationary pressure in the economy and supports the central bank’s further normalization of policy.
BUSINESS / Economy
Dec 11, 2024

Japan's wholesale inflation accelerates, keeping BOJ rate-hike plan in focus

Agricultural and fishery goods prices spiked 31% in November from year-before levels, after a 28.1% gain in October, due largely to the soaring price of rice.
Signage at the Tencent headquarters in Shenzhen, China
BUSINESS / Tech
Dec 11, 2024

Scrappy studio boss feeds Tencent’s lofty global game ambitions

"Arena Breakout: Infinite" is Tencent’s newest "Call of Duty"-style PC shooter, targeting a genre that typically tops spending charts.
The United Steelworkers union claims that Nippon Steel's latest offer is tantamount to bribery.
BUSINESS / Companies
Dec 11, 2024

Union blasts Nippon Steel’s $5,000 per worker bonus in U.S. Steel deal

The United Steelworkers called Nippon Steel's move “a classic union-busting tactic” and a “desperate attempt to win over support for its doomed acquisition.”
The Bank of Japan headquarters in Tokyo
BUSINESS / Markets
Dec 11, 2024

BOJ signals before meeting leave traders guessing

The confusion has caused sharp swings in market bets on rate hikes, with overnight indexed swaps pricing in a 22% chance of a December rate increase.
Akihiro Kaneko, president of the Japan Council of Metalworkers’ Unions, speaks during a news conference in Tokyo on Dec. 3.
BUSINESS
Dec 11, 2024

Japan union head calls for government to work more on raising pay

The call comes as Japan prepares for annual wage negotiations that culminate in the spring.
The East Japan Railway Shinjuku Station in Tokyo. Within the next 10 years, JR East will develop automated walk-through gate technology so that passengers can enter the train platform without having to tap their Suica card or phone on the ticket gates.
BUSINESS / Companies
Dec 11, 2024

JR East announces 10-year plan to drastically overhaul Suica

Dubbed the "Suica Renaissance," the plan involves redesigned ticket gates, new payment features and a subscription service.
Chinese President Xi Jinping and his Peruvian counterpart, Dina Boluarte, meet on the sidelines of the Asia-Pacific Economic Cooperation summit in Lima on Nov. 14.
COMMENTARY / World
Dec 10, 2024

U.S. wakes up to China’s growing presence in its ‘backyard’

China has long eyed Latin America’s food and mineral resources, using them to build business connections for over two decades.
Bain Capital plans to pay ¥9,600 a share for Fuji Soft, it said in a statement on Wednesday.
BUSINESS
Dec 11, 2024

Bain raises offer for Fuji Soft in $4.3 billion contest with KKR

The Boston-based investment firm plans to pay ¥9,600 a share for Fuji Soft, it said in a statement.
Chiefs quarterback Patrick Mahomes passes against the Buccaneers in Kansas City, Missouri, on Nov. 4.
MORE SPORTS / Football
Dec 12, 2024

NFL trio brace for physical toll of playing three games over short period

"It's a unique situation," said Chiefs coach Andy Reid, who shared that he told the team to take one day at a time through the unprecedented stretch.
A man carries merchandise at a market near the border with Argentina, in Nanawa, Paraguay, in May.
BUSINESS / Economy
Dec 12, 2024

Argentina inflation hits four-year low as locals hope worst is over

Argentina, emerging from a period of major economic crisis and still grappling with rock-bottom foreign currency reserves and 50% poverty, has seen inflation come down.
Nvidia will end the year with about 4,000 people in China, up from just about 3,000 at the start of 2024, people familiar with its operations said.
BUSINESS / Tech
Dec 12, 2024

Nvidia steps up hiring in China to focus on AI-driven cars

The tech giant will end 2024 with about 4,000 employees in China, after starting the year with around 3,000.
Monex Group Chairperson Oki Matsumoto (center), celebrates the debut of Coincheck on the Nasdaq Global Market on Wednesday in New York.
BUSINESS / Companies
Dec 12, 2024

Japanese crypto exchange Coincheck goes public in U.S.

Coincheck, effectively controlled by Japanese online broker Monex Group, aims to expand its operations through acquisitions in the U.S. and Japan.
Tokyo has the highest price-to-income ratio for high-rise condominiums in the country, at 17.78 times.
BUSINESS / Economy
Dec 12, 2024

New Japanese condos now cost 10 times average salary, study shows

Wages are not keeping up with rising costs, resulting in developers focusing on the higher end of the market.
In a year of anime hits, Kiyotaka Oshiyama’s “Look Back” stood out from the bunch.
CULTURE / Film / 2024 in Review
Dec 13, 2024

Big franchises and bold voices dominated anime in 2024

In a year of major box-office hits such as “Conan” and “Haikyu!!,” smaller animators used nontraditional tools to stand out from the rest.
The yen slumped to its weakest in level in more than two weeks on Wednesday as traders reacted to a report that BOJ officials saw little cost to waiting before raising rates.
BUSINESS / Markets
Dec 12, 2024

Danger for yen emerges with speculation BOJ may stand pat longer

A small taste of the dangers ahead came Wednesday, when the yen slumped to its weakest in level in more than two weeks.
U.S. President-elect Donald Trump on the floor of the New York Stock Exchange as he takes part in the Wall Street bell ringing in Manhattan, on Thursday
BUSINESS / Economy
Dec 13, 2024

No winners seen in Trump’s ‘destructive’ energy tariffs

Tariffs threaten to be particularly troublesome for a North American energy industry that has been tightly integrated for decades and already favors U.S. interests.
U.S. President-elect Donald Trump speaks before ringing the opening bell at the New York Stock Exchange in lower Manhattan on Thursday morning.
WORLD
Dec 13, 2024

Time Magazine names Donald Trump person of the year for second time

This year saw Donald Trump convicted on charges of business fraud and nearly assassinated twice — and will end with him preparing to return to the White House.
Taiwan Semiconductor Manufacturing Co.'s factory (left) in Kikuyo, Kumamoto Prefecture, on Feb. 23, the day before it was officially opened
COMMENTARY / Japan
Dec 22, 2024

Chip cities rise in Japan’s fields of dreams

Injections of cash are transforming once-sleepy areas, lifting stagnant house prices and triggering construction booms.
Chinese President Xi Jinping and then-U.S. President Donald Trump attend a welcoming ceremony in Beijing in November 2017.
WORLD / Politics
Dec 13, 2024

Trump inviting China's Xi to inauguration is 'diplomatic theater'

China experts said it was highly unlikely that Chinese President Xi Jinping would come to Washington for the inauguration.
Nobuhiro Ito, who runs casting-maker Ito Tekko, which employs about 100 people, in front of his company's factory in the city of Kawaguchi, Saitama Prefecture, on Monday.
BUSINESS / Economy
Dec 13, 2024

BOJ's rate hike plans clouded by small firms' wage woes

Next year's wage prospects are crucial for sustaining a consumption-led recovery — a prerequisite for further rate hikes by the Bank of Japan.
The JR Kyushu group has been working on raising safety awareness among employees, repairing the ship and enhancing governance, with the aim of resuming the Queen Beetle high-speed passenger ship operations.
JAPAN
Dec 13, 2024

JR Kyushu may end South Korea ship route over water leak scandal

JR Kyushu Jet Ferry covered up water ingress on the Queen Beetle high-speed passenger ship for more than three months.
President-elect Donald Trump plans to withdraw the U.S. from the Paris Agreement on climate change and increase domestic fossil fuel production, putting international efforts to cut global carbon emissions in peril.
COMMENTARY / World
Dec 13, 2024

Trump's election sets stage for new climate leaders to emerge

As Trump plans to put "America first," including before the planet, other countries must seize the opportunity to keep alive efforts to limit global temperature rise.
Why I chose Japanese citizenship over permanent residency
Jon Heese (second left) takes part in a 2024 New Year's nihonshu barrel opening ceremony.
Tokyo ordered to pay damages to South Asian woman over police response
The Tokyo High Court held that, “even taking the woman’s consent into account” for sharing her personal information, the officers breached their duty of care and acted unlawfully.
Former PM Tomiichi Murayama dies at age 101
Former Prime Minister Tomiichi Murayama speaks during an interview in Tokyo in March 2007.
Japan's fractured politics could ensnarl Takaichi's economic plans
Sanae Takaichi, the newly elected leader of Japan's ruling party, the Liberal Democratic Party, attends a news conference after the LDP presidential election in Tokyo on Oct. 4.
Tokyo's best Sunday roasts and all their trimmings
Swan & Lion's Sunday roast, which is drenched in a red wine gravy, is part of a three-course meal.
What does Jimbocho think of its unexpected ‘cool’ status?
Tokyo's Jimbocho neighborhood is a haven for book lovers, its rows of secondhand bookstores spilling over with printed materials.
What you need to see at this year's Tokyo film festival
Chloe Zhao’s "Hamnet"
New film explores how Japan and the U.S. found common ground through baseball
Masanori Murakami became the first MLB player from Japan when he made his debut with the Giants on Sept 1, 1964.
As they wrestle for power, Japan’s political parties must remember their base
Rengo's head Tomoko Yoshino speaks to reporters in Tokyo on Oct. 8.
Sumo is about to hit London and the West with a force previously unseen
Preparations advance on Monday for the Grand Sumo Tournament at the Royal Albert Hall in London.

Podcast

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

Longform

Rock group The Yellow Monkey played K-Arena Yokohama in June as part of a nationwide tour. Concerts are increasingly popular in the age of social media as users value in-person experiences.
Inside Japan’s arena boom: Sports, sound and city-building
By Patrick St. Michel

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