Search - 2023

 
 
Renho, who will run as an independent candidate in the Tokyo gubernatorial election, speaks during a news conference in the capital on Monday.
JAPAN / Politics
May 27, 2024

Renho to run in Tokyo gubernatorial election

The 56-year-old lawmaker from the Constitutional Democratic Party of Japan will face incumbent Gov. Yuriko Koike if the latter runs as well.
Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China in Beijing on Sept. 30, 2022.
BUSINESS / Markets
May 27, 2024

'Asset famine' in China curbs central bank's bond trading ambitions

The People's Bank of China's trading would help deepen the bond market by improving liquidity and reducing volatility.
Mitsubishi Electric's TOKUI Fast Accurate Synchronized Motion Testing Robot solves a Rubik's Cube
JAPAN
May 27, 2024

Japanese robot solves Rubik's Cube in record time

Guinness World Records recognized the 0.305-second time achieved by Mitsubishi Electric's machine as a new world best, beating the previous record of 0.38 seconds.
The Bank Indonesia headquarters in Jakarta
BUSINESS / Markets
May 27, 2024

India and Indonesia stand out for EM investors in aging world

Both India and Indonesia had elections this year, showcasing to the world their ambition to transition into major economic powerhouses.
In September 2022, U.S. President Joe Biden signed an executive order outlining what technology areas would be considered critical in the government's process for reviewing inbound investments that could pose a threat to national security.
COMMENTARY / Japan / Geoeconomic Briefing
May 27, 2024

How will Japan respond to new U.S. investment rules?

Washington is reforming inbound and outbound investment rules in the context of economic security concerns. Japan needs to prepare for these changes.
Spain's Rafael Nadal leaves the court after losing against Germany's Alexander Zverev in their men's singles match on day two of the French Open tennis tournament in Paris on Monday.
TENNIS
May 28, 2024

Paris darling Nadal exits French Open in farewell-like defeat

"I hope to be back on this court for the Olympics," Nadal said after his loss to Alexander Zverev.
Japanese Crown Prince Akishino and Crown Princess Kiko attend a World War II memorial service held at the Chidorigafuchi National Cemetery in Tokyo on Monday.
JAPAN
May 28, 2024

World War II memorial service held in Tokyo without COVID-19 restrictions

The number of people whose remains are placed at Chidorigafuchi National Cemetery now totals 370,700.
Counterfeit nail products branded with the logo of Louis Vuitton
JAPAN / Crime & Legal
May 28, 2024

Aichi woman referred to prosecutors for selling counterfeit nail products

She allegedly sold nail products bearing the logos of luxury brands such as Louis Vuitton and Chanel via social media and flea market apps.
The wealthy don’t live only in global glamour cities, and family offices are now popping up in places like Perth in Western Australia.
BUSINESS
May 28, 2024

Catering to the ultrarich is a booming business in Western Australia

After an almost two-decades-long mining boom, Perth has 64 centimillionaires, and family offices are now popping up in the city.
President of China Xi Jinping and South African President Cyril Ramaphosa attend the China-Africa Leaders' Roundtable Dialogue on the last day of the BRICS Summit in Johannesburg, South Africa, on Aug. 24, 2023.
WORLD
May 28, 2024

Post-COVID, China is back in Africa and doubling down on minerals

While new Chinese investment in Africa increased 114% last year, it was centered on minerals essential to the global energy transition and China's plans to revive its economy.
Osaka Metropolitan University
JAPAN / Crime & Legal
May 28, 2024

Man arrested for stealing sodium cyanide from Osaka lab

The suspect has admitted to the allegations against him, saying that he stole the poisonous compound to kill his father.
Chinese President Xi Jinping at the first China-Arab States forum in Riyadh in 2022
WORLD / Politics
May 29, 2024

Xi hosts Arab leaders as China-Mideast ties widen beyond trade

As the administration of U.S. President Joe Biden backs Israel in its war in Gaza, China sees eye-to-eye with Arab nations.
Foreign private credit funds are focusing on Japanese investors as they move more money into higher-paying assets.
BUSINESS / Companies
May 29, 2024

Private credit chases Japan’s trillions as inflation spurs shift

Private credit funds are betting that inflation will prompt investors to channel more money into riskier overseas investments.
Onosato receives the Emperor's Cup from Japan Sumo Association Chairman Hakkaku at Ryogoku Kokugikan in Tokyo on Sunday.
SUMO / Inside Sumo
May 29, 2024

Onosato's path to sumo greatness was plain for all to see

Sumo’s latest top division champion tore through the collegiate and amateur circuits at an almost unprecedented clip.
Toyota Chairman Akio Toyoda during a news conference in Nagoya in January
BUSINESS / Companies
May 29, 2024

Toyota investors urged to vote against founding family chair

The recommendations come ahead of Toyota’s annual shareholders meeting scheduled for June 18 at its headquarters in the city of Toyota in Aichi Prefecture.
Plaintiffs and lawyers march to the Supreme Court to attend a hearing on lawsuits against the government over forced sterilization carried out under a now-defunct eugenic law, on Wednesday in Tokyo's Chiyoda Ward.
JAPAN / Crime & Legal
May 29, 2024

Victims of forced sterilization speak of their suffering at Supreme Court

They are seeking compensation from the government over their forced sterilization due to their disabilities under a now-defunct eugenic law.
A professional single from Tokyo follows a deaf photographer to rural Hokkaido in Toshihiko Tanaka’s directorial debut, “Rei.”
CULTURE / Film
May 30, 2024

'Rei': An imperfect yet compelling directorial debut

Toshihiko Tanaka’s Rotterdam prizewinner is a flawed but oddly engrossing epic.
Thaksin Shinawatra, Thailand's former prime minister, arrives at Don Mueang airport in Bangkok after returning from a self-imposed exile on Aug. 22, 2023.
ASIA PACIFIC / Politics
May 30, 2024

Thailand heads for fresh political turmoil as Thaksin indictment looms

The political instability can potentially delay a parliamentary approval for the 2025 budget and cause further damage to the nation’s fragile financial markets.
The No. 3 and No. 4 reactors at Kansai Electric Power's Takahama nuclear power plant in Fukui Prefecture
JAPAN
May 30, 2024

Two more Takahama reactors allowed to operate for 20 more years

The Takahama No. 3 and No. 4 reactors are the seventh and eighth to receive such approval in the country.
Chinese electric vehicles bound for shipment at the Port of Taicang in China
BUSINESS / Tech
May 30, 2024

EU seeks roadblocks for Chinese EVs without sparking trade war

Crucially, the bloc must strike a balance with its aim for more Europeans to drive EVs as it prepares to outlaw the sale of new fossil fuel-powered cars from 2035.
Saudi Crown Prince Mohammed Bin Salman (right) meets with Chinese President Xi Jinping in Riyadh on Dec. 8, 2022.
WORLD / Politics
May 30, 2024

Xi lays out vision for greater cooperation with Arab states

China has been stepping up its diplomatic efforts in the Middle East in recent years to win new allies in its global contest for influence with the U.S.
As the world marks World No Tobacco Day on Friday, debate is growing over passive smoking in one crucial space that remains unregulated: private homes.
JAPAN / Science & Health
May 30, 2024

In Japan, neighborly debates light up over secondhand smoke

Passive smoking has become a concern because many people live in multiunit apartment buildings or small houses with little space between them.
A bid-rigging case represents the first time the Japan Fair Trade Commission has issued a cease-and-desist order order over a project related to the COVID-19 pandemic.
BUSINESS
May 30, 2024

FTC issues cease-and-desist orders to JTB and other travel agencies

It is the first time the antitrust watchdog has issued such an order over a project related to the COVID-19 pandemic.
Former U.S. President Donald Trump after the verdict was read at Manhattan criminal court in New York City, on Thursday
WORLD / Politics / ANALYSIS
May 31, 2024

For Trump's false records conviction, prison is not unprecedented

Prison time is rare for people convicted in New York state of felony falsification of business records — the charge Donald Trump faced at his six-week trial.
A ground crew worker refuels a plane at Phoenix Sky Harbor International Airport in Arizona.
BUSINESS / Companies
May 31, 2024

Waste-to-fuel company that raised $1 billion verges on collapse

Fulcrum BioEnergy has recently laid off nearly all of its staff of about 100 and halted most of its operations, according to more than a half-dozen former employees.
Ashwani Gupta, then-chief operating officer of Nissan, in April 2023
BUSINESS / Companies
May 31, 2024

Nissan paid ex-COO $3.7 million to quit after sexual harassment claims

Ashwani Gupta's compensation figure for leaving the company is now public in a notice of the annual shareholders’ meeting, which showed he will also receive allowances.
Kanoa Igarashi, who earned a silver medal at the 2020 Tokyo Olympics, is excited to get another shot at gold at this year’s Summer Games.
MORE SPORTS / Surfing
May 31, 2024

Kanoa Igarashi ready to challenge Teahupo'o in search of gold at Paris Olympics

Igarashi earned the silver medal in the inaugural Olympic surfing competition at the 2020 Tokyo Olympics.
As mind-numbingly big as the clean-energy price tag may be, it’s actually a bargain compared with the potential economic destruction of unabated climate change.
COMMENTARY / World
May 31, 2024

$215 trillion to save the planet is a bargain

And as mind-numbingly big as $215 trillion may be, it’s actually a bargain compared with the potential economic destruction of unabated climate change.
Nissan CEO Makoto Uchida said that the automaker will continue to communicate with its suppliers to see whether unfair practices persist and set up a new team directly under him to accelerate reforms on its relations with its subcontractors.
BUSINESS / Companies
Jun 1, 2024

Nissan challenges TV Tokyo report on subcontractors

The automaker denied allegations that it continued to pressure its suppliers into slashing prices even after receiving a warning from the fair trade regulator.
Panthers goaltender Sergei Bobrovsky is congratulated by his teammates following Florida's series-clinching win over the New York Rangers on Saturday.
MORE SPORTS / Ice Hockey
Jun 2, 2024

Panthers oust Rangers to return to Stanley Cup Final

The Panthers will get a chance to play for the Stanley Cup for the third time since entering the league as an expansion team in the 1993-94 season.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami