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August 01, 2025
 

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Global investment firms plan to beef up hiring in Japan, as deals surge on the domestic market.
BUSINESS / Companies
Nov 12, 2024

Global investment firms hunt for talent in Japan as deals boom

The hiring spree underscores the intensity of dealmaking in Japan, which has been a rare bright spot amid a slowdown in M&A deals globally over the last couple of years.
Nissan’s filing said Suntera (Cayman) is the buyer of the 2.5% stake and listed Suntera as a trustee of ECM Master Fund.
BUSINESS / Companies
Nov 12, 2024

Nissan surges after firm linked to hedge fund takes 2.5% stake

The jump is a remarkable turnaround for Nissan’s stock, which plunged last week after the carmaker slashed jobs and said it would cut manufacturing capacity by a fifth.
A fund controlled by Effissimo Capital Management has taken a stake in Nissan Motor.
BUSINESS / Companies
Nov 13, 2024

Nissan enters new era of turmoil as Effissimo takes stake

The big question is whether CEO Makoto Uchida can deliver a turnaround or be forced to make more drastic changes by an influential outsider.
Taxes on U.S. citizens working abroad aren’t excessive so much as excessively complicated.
COMMENTARY / World
Nov 14, 2024

Trump is right: Expat taxes are too complicated

Taxes on U.S. citizens working abroad aren’t excessive so much as excessively complicated.
Democratic Party for the People chief Yuichiro Tamaki wants to the tax-free annual income ceiling raised to ¥1.78 million ($11,410).
BUSINESS / Economy
Nov 14, 2024

Japan’s key political issue rests on an enduring economic myth

Economists cast doubts on the Democratic Party for the People's push for raising the tax-free income threshold — its key demand to the ruling coalition for its support.
The Tokyo District Court has found Nagumi Osada, 27, guilty of sexually abusing seven girls between the ages of 3 and 6.
JAPAN / Crime & Legal
Nov 14, 2024

Former day care center worker given 14-year term for child sex abuse

The man was found guilty of abusing seven girls between the ages of 3 and 6 at day care centers where he worked and of filming the acts over a period of two years.
President-elect Donald Trump's nominee for attorney general, Matt Gaetz, is widely disliked by his former colleagues in Congress.
WORLD / Politics
Nov 15, 2024

Pressure mounts for release of Matt Gaetz congressional ethics report

Trump has raised the possibility of circumventing the Senate to install his personnel picks.
Nissan and its group firms have about $1.6 billion of debt due next year, a slight decrease from 2024, but that figure will jump to around $5.6 billion in 2026, the most in Bloomberg-compiled data going back to 1996.
BUSINESS / Companies
Nov 15, 2024

Nissan faces record debt bill with one year left to fix finances

The automaker and its group firms are seen having about $5.6 billion in debt due in 2026.
There is a broad shift in Japan’s business environment, where long-standing relationships are being challenged by foreign and activist investors looking for merger and acquisition deals.
COMMENTARY / Japan
Nov 15, 2024

Japan's newfound love of M&A makes for strange bedfellows

There is a broad shift in Japan’s business environment, where long-standing relationships are being challenged by foreign and activist investors.
Japan Airlines' entrance ceremony. As of Oct. 1, 72.9% of job-hunting students had received job offers, down 1.9 percentage points from a year earlier, according to a joint survey by the labor and education ministries.
JAPAN / Society
Nov 15, 2024

Share of graduating Japanese university students with job offers falls

The labor and education ministries attribute the 1.9-percentage-point drop to a seller's market in which students take time to consider multiple tentative offers.
A factory in Kakamigahara, Gifu Prefecture. Even among profitable small and medium-sized enterprises, it is not uncommon for business owners to shut down due to aging and a lack of successors.
BUSINESS / Companies / FOCUS
Nov 16, 2024

Japan issues warning over bad-faith buyers in small business M&As

As M&As gain attention as a viable option for business succession, measures are being introduced to raise awareness and safeguard companies.
Ukraine’s government has turbocharged its pitch for international help in land-mine clearance, attracting a rush of special machinery from Japan and funds from philanthropist Howard Buffett with astonishing results.
WORLD
Nov 17, 2024

Ukraine supercharges mine-clearing push to revive war-torn farms

Safe access to farmland is essential for a country known as Europe’s breadbasket and demining Ukraine could take decades.
Since inmates with mental disabilities often repeat similar offenses after a short period of time — partly due to a lack of necessary support — increased help from staffers with specialized knowledge is becoming crucial.
JAPAN / Crime & Legal
Nov 18, 2024

Ministry ramps up support for prisoners with mental disabilities in Japan

One of the main targets is to reduce the recidivism rate, which tends to be higher for prisoners with mental and developmental disabilities.
The Bank of Japan's policy review next month will be its first attempt to take a deeper, analytical look at the drawbacks of prolonged monetary easing.
BUSINESS / Economy / ANALYSIS
Nov 19, 2024

BOJ to bid farewell to stimulus era and justify rate hikes in policy review

The review will be the central bank's first attempt to take a deeper, analytical look at the drawbacks of prolonged monetary easing.
Leaders of over 70 universities and research institutions from Japan and India attended a forum in New Delhi in mid-October.
JAPAN
Nov 19, 2024

Japan's public and private sectors seek workers from India

The number of technical trainees and what are known as specified skilled workers coming from India to Japan has been on the rise in recent years.
Nippon Steel has accused critics of the U.S. Steel deal of making inaccurate comments about the transaction.
BUSINESS / Companies
Nov 19, 2024

Nippon Steel claims union 'misinformation' in battle for U.S. Steel

Vice Chairman Takahiro Mori has reiterated commitments made by Nippon Steel, which include maintaining U.S. Steel’s blast furnace operations.
The group executive is denying violating the employment security law, while the other four have admitted to it, according to sources.
JAPAN / Crime & Legal
Nov 19, 2024

Japan police arrest executive of group referring women to sex trade

According to the sources, the group, called "Akusesu," had about 160 members who used aliases among themselves.
The scene where a car crashed outside the Yong'an primary school in Changde, central China's Hunan province, on Tuesday in which "multiple students were injured" according to state-run media.
ASIA PACIFIC / Crime & Legal
Nov 19, 2024

Car rams into students outside China primary school, hurting several people

Police said that a 39-year-old male was arrested but did not provide more details, saying only that investigations were continuing.
Workers remove flowers from a makeshift memorial outside the Zhuhai Sports Center in Zhuhai in south China's Guangdong province on Nov. 13, two days after 35 people were killed in one of the country's deadliest car attacks in years.
ASIA PACIFIC / Society
Nov 20, 2024

Mass casualty attacks in China put focus on mental health as economy slows

The events have led to a spike in worries about the health of society in China, where attacks have occurred with alarming regularity throughout 2024.
A post-election analysis by the polling company Blueprint discovered that the top reason why American swing voters eventually supported Donald Trump over Kamal Harris was culture (+28) followed by inflation (+23).
COMMENTARY / World
Nov 20, 2024

It’s too soon to say wokeism is dead

The Republicans ran the most unwoke man in America for the presidency, Donald Trump, and were amply rewarded for it.
Rengo chief Tomoko Yoshino speaks at a news conference in Tokyo in October.
BUSINESS
Nov 21, 2024

Union chief calls for Ishiba to step up wage hike efforts

Rengo's Tomoko Yoshino was keen to emphasize that wage gains have to spread more to workers at smaller firms.
Tesla CEO and X owner Elon Musk speaks while on stage with Republican presidential nominee and former U.S. president Donald Trump during a rally at the site of the July assassination attempt against Trump, in Butler, Pennsylvania, on Oct. 5.
WORLD / Politics
Nov 21, 2024

U.S. government efficiency panel to use Supreme Court rulings for agency cuts

The panel will be led by Elon Musk, billionaire CEO of Tesla and SpaceX, and Vivek Ramaswamy, founder of biotech firm Roivant Sciences.
Nissan has warned that missing a British government target on electric vehicles would lead to significant fines for manufacturers.
BUSINESS / Companies
Nov 21, 2024

Nissan urges U.K. to ease EV targets amid weak demand

A British mandate requires at least 22% of an automaker's new car sales in 2024 to be purely EVs, or they face hefty fines.
Nissan Motor slashed its earnings outlook earlier this month and said it would cut 9,000 jobs and a fifth of its manufacturing capacity.
BUSINESS / Companies
Nov 21, 2024

Hedge fund Effissimo stirs speculation with its stake in Nissan Motor

News of the investment sent Nissan’s shares soaring 13% on Nov. 12.
Nissan CEO Makoto Uchida
BUSINESS / Companies
Nov 22, 2024

Nissan’s overly ambitious goals fuel investor and supplier distrust

Nissan’s latest outlook downgrade has shined a light on the Japanese carmaker’s tendency to overpromise and underdeliver.
The Northvolt facility in Skelleftea, Sweden.
BUSINESS / Companies
Nov 23, 2024

Northvolt crisis may be make or break for Europe's EV battery ambitions

Europe's biggest hope for an electric vehicle battery champion filed for bankruptcy protection on Thursday after talks for funding failed.
An oil pump jack and drilling rigs in an oilfield on the shore of the Caspian Sea, near the Aquatic Palace stadium in Baku, Azerbaijan, on Thursday.
ENVIRONMENT / Climate change
Nov 23, 2024

At a climate conference in oil country, progress remains elusive

More than a third of Azerbaijan’s gross domestic product comes from fossil fuels, and about 90% of its exports are linked to oil and gas.
Health minister Takamaro Fukuoka in an interview last week
JAPAN
Nov 24, 2024

Government aims to ease care worker shortages through wage hikes

Staff shortages at care facilities are "very serious," Health, Labor and Welfare Minister Takamaro Fukuoka said.
Afghan women sew clothes at a handicraft workshop in Kabul on Nov. 10. Many women have launched small businesses in the past three years to meet their own needs and support other Afghan women, whose employment sharply declined after the Taliban authorities took power in 2021, imposing rules that squeezed women from many areas of work and public life.
WORLD / Society
Nov 25, 2024

Afghan women turn to entrepreneurship under Taliban

Though some businesses are a lifeline, salaries cannot cover all costs and many women are still stalked by economic hardship.
Saudi Crown Prince Mohammed bin Salman addresses the joint extraordinary leaders summit of the Organization of Islamic Cooperation (OIC) and the Arab League in Riyadh on Nov. 11.
WORLD / Politics
Nov 25, 2024

Mohammed bin Salman’s style shift sets up a new world order strategy

The implications of Saudi Arabia’s transformation under Crown Prince Mohammed bin Salman will reverberate far beyond the kingdom’s borders for decades to come.
Japan on edge but prepared for tsunami after huge Kamchatka earthquake
Police officers ask a man to evacuate from an empty beach following a tsunami warning, in Fujisawa, Kanagawa Prefecture, on Wednesday.
Last soldiers of Imperial Japanese Army have a warning for younger generations
Kunshiro Kiyozumi, 97, who was the youngest crew member of the Imperial Japanese Navy submarine I-58 in World War II, on his way to a restaurant to have lunch in Matsuyama, Japan, on April 29.
80 years on, former teacher conveys history of hidden island in World War II
Masayuki Yamauchi teaches junior high school students about the history of Okunoshima, an island in Takehara, Hiroshima Prefecture, in May.
Japan to start new residency system for foreign workers
Students hoping to work in Japan attend a Japanese class at a job placement company in Hanoi in October 2022.
Japan marks highest-ever temperature of 41.2 C in Hyogo
Japan's temperature soared to a record 41.2 degrees Celsius in Tanba, Hyogo Prefecture, on Wednesday, surpassing the previous high of 41.1 C.
GTN takes a chance on newcomers to Japan
Hiroyuki Goto, president of GTN. The company started after Goto personally co-signed leases for around 20 non-Japanese people, including some friends and friends of friends.
Artist Chiharu Shiota weaves a hidden marvel on Teshima
“Memory of Lines” is Chiharu Shiota’s second art installation on Teshima as part of the Setouchi Triennale.
How the Japanese TV industry is changing
Fuji TV headquarters in Tokyo's Minato Ward. Fuji TV came under fire over the manner in which it handled a case of “sexual trouble” involving former boy band member Masahiro Nakai and a female announcer.
Last soldiers of Imperial Japanese Army have a warning for younger generations
Kunshiro Kiyozumi, 97, who was the youngest crew member of the Imperial Japanese Navy submarine I-58 in World War II, on his way to a restaurant to have lunch in Matsuyama, Japan, on April 29.
Why Ishiba refuses to quit even amid intense pressure for him to go
Supporters of Prime Minister Shigeru Ishiba take part in a rally across the street from the Prime Minister's Office on Friday.

Podcast

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

Longform

Ichiro Suzuki, one of the most iconic players in NPB and MLB history, was elected to the Baseball Hall of Fame with 99.7% of the vote.
With Hall of Fame induction, Ichiro makes himself heard loud and clear
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