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Trojena, the ski resort that is scheduled to host events during the 2029 Asian Winter Games, is part of the planned Saudi megacity of NEOM, which has faced a string of challenges in recent years.
MORE SPORTS
Aug 24, 2025

Saudi Arabia and Olympic Council weigh moving Asian Winter Games

The event is seen as a key marker for Saudi Arabia’s global ambitions and the kingdom could eventually simply choose to scale back plans for the planned ski resort.
Brazilian lawmaker Eduardo Bolsonaro discusses his efforts to put U.S. pressure on Brazil to halt the trial of his father, right-wing former Brazilian President Jair Bolsonaro, in Washington, on Aug. 14.
WORLD / Politics / FOCUS
Aug 24, 2025

Bolsonaro’s family dynasty creaks under pressure of Brazil coup trial

The tariff fight has also given Lula a shot in the arm, allowing the leftist to seize a nationalistic mantle and paint himself as a defender of Brazil.
Bank of Japan Gov. Kazuo Ueda (second from left) walks with Fed Chair Jerome Powell (left), European Central Bank President Christine Lagarde (second from right) and Bank of England Gov. Andrew Bailey outside the Fed’s Jackson Hole Economic Policy Symposium on Friday.
BUSINESS / Economy
Aug 24, 2025

BOJ's Ueda expects tight labor market to keep upward pressure on wages

The remarks are likely to support growing speculation of another interest rate hike this year, although the BOJ governor didn’t directly discuss monetary policy in a presentation.
A survey by Teikoku Databank found that the share of women in managerial positions at Japanese companies rose 0.2 percentage point from the previous year to 11.1% on average, growing for the 11th straight year.
BUSINESS / Companies
Aug 24, 2025

Share of female managers in Japan still short of government target

The survey found that the share of such women rose 0.2 percentage point from the previous year to 11.1% on average, growing for the 11th straight year.
Mercedes-Benz Japan opens its first 150-kilowatt fast-charging station in a park in Chiba in July.
BUSINESS / Companies / FOCUS
Aug 25, 2025

Foreign EVs hit Japan alongside fast-charging network push

As Japanese automakers remain reluctant to shift away from popular hybrids, foreign rivals are challenging the status quo.
(Left) Bank of England Gov. Andrew Bailey, European Central Bank President Christine Lagarde (second from left), Bank of Japan Gov. Kazuo Ueda (third from left) and U.S. Federal Reserve Chairman Jerome Powell pose for a picture during the Jackson Hole Economic Policy Symposium in Moran, Wyoming, on Friday.
BUSINESS / Markets
Aug 25, 2025

Central bankers fear being caught in Federal Reserve's storm

Politically motivated attacks on the Fed could spill over to the rest of the world.
The education ministry plans to implement reskilling programs to achieve wage hikes for essential workers and the employment ice age generation.
BUSINESS
Aug 25, 2025

Japan to promote vocational reskilling to target wage increases

The initiative will be carried out in collaboration with companies specializing in digital technology and will help participants acquire productivity-boosting skills.
Summers in Japan have grown hotter and hotter, and people have had to spend more money as a result.
BUSINESS / Economy
Aug 25, 2025

Tokyo household budgets further squeezed by heat wave

On average, monthly expenses are up more than $23 a month as a result of high temperatures.
The ministry of labor has suggested a 6% minimum wage increase, but most prefectures reporting so far are opting to go slightly higher.
BUSINESS / Economy
Aug 25, 2025

Japanese prefectures break with labor ministry on minimum wage

Many prefectures are choosing increases higher than the 6% suggested by the ministry.
The decline in department store sales was partly because the number of shoppers from abroad plunged 16.7% to 476,000 to slip below 500,000 for the first time in 10 months.
BUSINESS
Aug 25, 2025

Department store sales down 6.2% in July

The decline was partly because the number of shoppers from abroad plunged 16.7% to 476,000 to slip below 500,000 for the first time in 10 months.

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