Search - 2023

 
 
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.
Trevor Bauer has not pitched in MLB since the 2021 season.
BASEBALL / MLB
Mar 8, 2024

Trevor Bauer to return to Dodgers' facilities on quest for MLB comeback

Bauer's quest to return to the major leagues will take him through the Los Angeles Dodgers' facility in Glendale, Arizona.
SUMO
Mar 8, 2024

Terunofuji remains in driver's seat as new title hopefuls gather strength

The ascension of three new ozeki since July appears to have brought a measure of stability to sumo.
Both China and Russia may believe there will never be a more opportune moment to overthrow American dominance than now. And should the two combine their forces, they could represent the most serious challenge to the global economic and strategic order since 1945.
COMMENTARY / World
Mar 8, 2024

The threat to American hegemony is real

Russia and China might be tempted to threaten America's hegemony with a simultaneous and coordinated challenge.
A man looks at electronic boards displaying stock prices of companies listed on the Tokyo Stock Exchange in Tokyo on Monday. The benchmark 225-issue Nikkei average has surged at an unexpected pace of about 20% this year
BUSINESS / Economy / FOCUS
Mar 8, 2024

A stock rally but sluggish growth: What’s the deal with Japan’s economy?

The Nikkei is benefiting from companies' strong earnings, but wider economic indicators are much less positive.
Sony's move to cut costs and Microsoft's decision to release titles on rival platforms reflect uncertainty in the gaming industry.
COMMENTARY / Japan
Mar 8, 2024

Looks like we're nearing peak PlayStation

The gaming industry as a whole is struggling with ballooning development costs and longer production cycles, leading to fewer and risk-averse titles.
A worker at Nakamatsu Meat speaks to an Alexa-powered device at its factory in Uruma, Okinawa Prefecture, in November. At the factory, workers give production updates to Alexa, which then converts this into data that is compiled in the company's computer.
BUSINESS / Companies / Regional Voices: Okinawa
Mar 11, 2024

Okinawa meat shop uses tech to improve efficiency and raise wages

Nakamatsu Meat's digitalization enabled it to cut its factory operating time and optimize raw material purchases.
Goldman Sachs is exiting transaction banking in Japan, less than a year after announcing plans to enter the business
BUSINESS / Companies
Mar 8, 2024

Goldman Sachs exits Japan transaction banking in sudden reversal

The bank will remain focused on growing its transaction banking operations in the U.S., U.K. and European Union, according to a spokesperson for the firm.
Nissan expects kei EV sales to expand, as kei cars are relatively inexpensive compared to regular cars and their size makes them suitable for short-distance trips.
BUSINESS / Companies
Mar 8, 2024

Nissan may bring ultra-compact EV production in-house from 2028, sources say

The automaker is considering moving production to its factory in Kyushu in the business year starting April 2028.
Displaced Palestinians wait to receive United Nations Relief and Works Agency (UNRWA) aid, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in Rafah, in the southern Gaza Strip, on Thursday.
WORLD / Politics
Mar 9, 2024

UNRWA report says Israel coerced some agency employees to falsely admit Hamas links

The assertions are contained in a report by the U.N. Relief and Works Agency dated February 2024.
Fukushima Gov. Masao Uchibori speaks during an interview on Tuesday.
JAPAN / Science & Health
Mar 9, 2024

Fukushima governor urges state to clarify soil policy

Fukushima will host interim storage facilities for the soil on the premise that the soil is stored at final disposal sites outside the prefecture.
Lauded in China as a major leap in indigenous semiconductor fabrication, last year’s SMIC-made processor powered Huawei’s Mate 60 Pro and a wave of patriotic smartphone-buying in the Asian country.
BUSINESS / Tech
Mar 9, 2024

Huawei chip breakthrough used tech from two U.S. gear suppliers

The report suggests that China still cannot entirely replace certain foreign components and equipment required for cutting-edge products.
A hiker walks toward Asahidake in Hokkaido. The health and environmental issues around PFAS could be a particular problem for Japan, which boasts a number of globally renowned outdoor brands and related suppliers.
ENVIRONMENT / Sustainability / OUR PLANET
Mar 10, 2024

Japan’s revered outdoor brands face down PFAS challenge

Outdoor apparel consumers are generally more environmentally conscious, but are likely to be using products that have a big environmental footprint.
An armed soldier stands guard next to a sign prohibiting the use of weapons outside the military headquarters as Haiti continues in a state of emergency, in Port-au-Prince, Haiti, on March 6.
WORLD / Society
Mar 11, 2024

Violence in Haiti puts focus on how to unravel gangs' grip on power

Armed gangs have profited from collusion, negligence and chaos since the 2021 assassination of former Haitian President Jovenel Moise.
Yusuke Ishikawa, a 49-year-old coroner with  the Miyagi Prefectural Police, is working to identify six remains of victims of the March 11, 2011, earthquake and tsunami.
JAPAN
Mar 11, 2024

Police continue work to identify 3/11 disaster victims

Officials are alarmed by a decrease in opportunities for the police to obtain information that could lead to victims being identified.
A sign warns of underground natural gas pipelines outside Rifle, Colorado, in June 2012.
ENVIRONMENT / Energy
Mar 11, 2024

U.S. gas pipeline accidents pose big, unreported climate threat

Accidental pipeline leaks — caused by incidents like punctures, corrosion, severe weather and faulty equipment — happen routinely.
Athletes from Brazil, Ecuador, Peru and Portugal will face more stringent out-of-competition testing to be eligible for the Paris Olympics, the Athletics Integrity Unit has said.
OLYMPICS
Mar 12, 2024

Four nations to face more stringent testing ahead of Games, says AIU

The stringent conditions include athletes having undergone at least three no notice out-of-competition tests before July 4.
German Chancellor Olaf Scholz and Malaysian Prime Minister Anwar Ibrahim hold a joint press conference at the Chancellery in Berlin on Monday.
WORLD / Politics
Mar 12, 2024

Scholz meets with ASEAN leaders, looking to reduce China dependency

China still dominates the supply of raw materials needed to make electric-vehicle batteries, solar panels and other high-tech products.
A Zara clothing store in Brussels on November 2022. Inditex is an outlier among big clothing retailers in not publishing details of the factories from which it sources.
BUSINESS / Companies
Mar 12, 2024

Zara owner Inditex faces pressure from investors on supply chain disclosure

Regulators and investors want transparency from clothing retailers, to prove supply chains are free of forced labor and workers are paid decent wages.

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