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July 14, 2025
 

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Japan Times
BUSINESS
Jun 13, 2022

Fears for China's economic future in 'miracle' city Shenzhen

Shenzhen posted overall economic growth of only 2% in the first quarter of this year, the lowest-ever figure for the city, aside from the first quarter of 2020 when the coronavirus hit.
Over the past decade, China has arrested and indicted hundreds of senior government officials and more than a million low-ranking civil servants in an effort to root out corruption.
COMMENTARY / World
Oct 25, 2023

Measuring corruption in China

Over the past decade, China has arrested and indicted hundreds of senior government officials and more than a million low-ranking civil servants.
A Chinese national flag flutters at the headquarters of a commercial bank on a financial street near the People's Bank of China in Beijing.
BUSINESS / Economy
Dec 6, 2023

Officials hit back after Moody’s downgrades China's credit outlook

The ratings agency downgraded its outlook from stable to negative, saying a need for bailouts could weigh on the country’s economic strength.
Remains of a Yayoi Period building found on the former British Embassy property in Tokyo
JAPAN / Society
Dec 7, 2023

Yayoi Period village remains found on former British Embassy grounds

Despite the discovery, construction on the site is set to continue after the excavation of the area concludes in March.
The construction of TSMC’s new plant in Kikuyo, Kumamoto Prefecture, has seen companies anticipating expanded collaborations with the semiconductor firm grow keen to establish footholds in the area.
BUSINESS / Tech
Dec 19, 2023

Semiconductor projects in Japan whip up local optimism

Companies anticipating expanded collaborations with TSMC are keen to establish footholds in the area around its new plant in Kikuyo, Kumamoto Prefecture.
A view of the city of Ayodhya, India
ASIA PACIFIC / Society
Dec 18, 2023

Temple promised by BJP transforming Indian city but some miss out

Laborers are finalizing a $6 billion infrastructure facelift in Ayodhya that is igniting an economic boom and driving up land prices.
A pint is poured inside the Grapes public house in Limehouse, south London, on Dec. 14. Pubs have served Roman soldiers, knights and poets, and have been a gathering place for communities to enjoy a brew beside a crackling fire for centuries.
BUSINESS / Economy
Dec 20, 2023

Last orders? British pubs hit by rising costs and changing tastes

High inflation, energy bills and business rates are cutting into increasingly stretched earnings, as many find other ways to spend time and money.
Shinjuku's Kabukicho is filled with colorful individuals that give the neighborhood its character.
LIFE / Travel / Longform
Dec 22, 2023

Christmastime in Shinjuku Golden Gai

One of Tokyo's most storied watering holes gets a little quiet during the holidays now that it relies quite a bit on tourists.
When Chinese President Xi Jinping came to power, he inherited a China that was enjoying prosperity, but also succumbing to gilded-age excesses.
COMMENTARY / The Year Ahead
Dec 29, 2023

The moral of the China story

Even if China is no longer “winning,” it would be short-sighted to dismiss its recent experience as irrelevant.
Opposition leader Lee Jae-myung falls after being stabbed in the neck with a knife during his visit to Busan, South Korea, on Tuesday.
ASIA PACIFIC / Politics
Jan 4, 2024

Knife attack on opposition leader raises alarms in polarized South Korea

Politics of hatred is said to have become a norm, and tensions are unlikely to ease anytime soon as rival parties gear up for parliamentary elections in April.
Donald Trump’s wealth and foreign ties are under scrutiny after a new report from Democrats on the House Oversight Committee sheds light on financial conflicts during his presidency. 
COMMENTARY / World
Jan 12, 2024

Trump took $7.8 million in foreign cash while in office. He’d do it again.

National security is at stake if a president puts his or her wallet before the public interest.
Data center development is time-consuming and complex — requiring a mix of expertise around real estate, technology, local regulations and environmental requirements. Asia’s highly fragmented market makes navigating these factors even more onerous.
BUSINESS / Tech
Jan 15, 2024

Global investors plow into Asia data centers on AI boom

Asia is becoming the latest hunting ground for investors in data centers, as companies bet on the region’s growing computing and data storage needs.
A man rides a scooter over a bridge across from the Lujiazui financial district in Shanghai on Jan. 9.
BUSINESS / Economy
Jan 16, 2024

China set to reach 2023 growth goal as focus shifts to new year

The figures for GDP, industrial production and retail sales are likely to show improvements from the same period in 2022, helped by a low base of comparison.
Donald Trump, who made a fortune in construction over the years, has assets he can sell to pay the $355 million financial penalty recently imposed on him in civil fraud case filed in New York, but it will strain his available cash reserves.
COMMENTARY / World
Feb 20, 2024

Trump loved New York. Now it's giving him the boot.

The place that made Trump who he is has turned on him. The former president is being fined millions and banned from doing business in New York.
Ichibata Department Store, located in Matsue, capital of Shimane Prefecture, was the last remaining department store in the prefecture but ended its 65-year history on Jan. 14.
BUSINESS / Economy
Mar 21, 2024

More prefectures losing department stores even amid pandemic recovery

In 17 prefectures there is currently only one department store and there are none in three, set to rise to four in July.
The Bank of Japan's tankan survey showed that large nonmanufacturers saw improvement in their sentiment with the index reaching the highest level since 1991, helped by a surge in inbound tourists.
BUSINESS / Economy
Apr 1, 2024

Japan service firms’ optimism tempered by softer factory sector

The deterioration in manufacturing sentiment partly reflects the impact from scandals among some vehicle producers.
Despite bustling cities like Tokyo and Osaka, Japan faces a rising number of abandoned properties, particularly in rural areas, which pose risks to communities and economies.
EDITORIALS
May 3, 2024

Abandoned homes will be a big part of Japan’s future

Statistics reveal a significant increase in vacant and abandoned homes, with projections indicating a further rise unless addressed soon.
Shareholders queue to enter a venue for SoftBank Group's annual general meeting in Tokyo's Koto Ward on Friday.
BUSINESS / Companies
Jun 26, 2024

Activist investing booms in Japan amid corporate governance reforms

International hedge funds and home-grown investors have turned the country into the world’s second-largest market for activists.
BUSINESS
Jul 10, 2024

Tokyo residents seek to block building of massive data center

Residents of Akishima are concerned the center will threaten wildlife and cause pollution among other issues.
Chinese President Xi Jinping delivers a speech in Pretoria, South Africa, Aug. 22, 2023.
ASIA PACIFIC / Politics
Jul 18, 2024

Xi to map out vision for China’s economy as key meeting wraps up

The summit comes as China battles a years-long real estate crisis, which has prompted the longest deflationary streak since 1999.
A solar farm in Shilin, China. Last year, China installed more solar panels than the United States has in its entire history.
ENVIRONMENT / Climate change
Jul 19, 2024

Why the era of China’s soaring carbon emissions might be ending

The biggest factor in the shift is changes to how China produces its electricity.
The Las Vegas strip during the week of the Super Bowl. There’s been mounting speculation that the NBA will add two teams, with Seattle and Las Vegas being the top candidates.
BASKETBALL / NBA
Jul 20, 2024

Las Vegas NBA team set to be most expensive U.S. sports franchise

The list of potential suitors spans LeBron James and his backers to the company that owns the Red Bull brand.
A Ferrari seized by the Tokyo Regional Taxation Bureau which will be put up for auction
JAPAN
Aug 23, 2024

Tokyo’s tax agency will auction off $390,000 Ferrari it seized

Other high-end items up for auction include luxury real estate and a rare bottle of Suntory Holdings' cult-favorite whisky Hibiki 30.
A stock board at the Tokyo Stock Exchange
BUSINESS / Economy
Sep 3, 2024

Japan FSA to examine bank risks in ‘world with interest rates’

In its annual policy guidance released on Friday, the Financial Services Agency pointed to uncertainty over the global economy and markets.
The government has been encouraging people to shift some of the roughly ¥1 quadrillion held in bank accounts to the stock market, but leading candidates to be the next prime minister have avoided investing in stocks.
BUSINESS
Sep 24, 2024

LDP presidential candidates avoid investing in Japanese stocks

Two of the top candidates, Shinjiro Koizumi and Sanae Takaichi, report owning no shares.
The upscale Gangnam area of Seoul is one area in South Korea where high-end apartments for seniors are being developed.
BUSINESS
Sep 28, 2024

Fast-aging South Korea sees money in luxury retirement homes

The popularity of such residences have prompted the likes of Lotte and Hyundai to invest billions of dollars on new projects.
A Ferrari F12tdf that the Tokyo Regional Taxation Bureau is listing for an online public auction
JAPAN
Oct 16, 2024

Tokyo tax office to sell Ferrari with bids starting at ¥71.3 million

The car is one of a number of items listed by tax authorities for an online auction of assets seized mainly from people with unpaid taxes.
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.
A Ferrari F12tdf fetched a record-high price of ¥171,001,000 ($1.09 million) in a tax agency auction this week.
BUSINESS
Nov 15, 2024

Ferrari sells for ¥171 million at Japanese tax sale

The gunmetal gray Ferrari F12tdf, registered in 2017 and with only 1,509 kilometers on the odometer, received 127 bids during the auction.
The private equity landscape is rapidly changing in Japan, where more than $12 billion in such transactions have been announced this year, after reaching a record in 2023.
BUSINESS / Markets
Nov 22, 2024

KKR-Bain brawl worth $4 billion highlights Japan private equity boom

The saga shows how fast the private equity landscape is changing in Japan, where more than $12 billion in such transactions have been announced this year.
Nissan clinches $4.5 billion bond deal after orders soar
Nissan Motor has raised $4.5 billion through a junk bond sale in U.S. dollars and euros, part of which carries a record-high coupon rate.
U.S. urges clarity on Japan’s role in potential war over Taiwan, report says
A Ground Self-Defense Force member conducts a military drill with an anti-ship missiles unit, at the GSDF's base on Miyako Island in Okinawa Prefecture in April 2022.
Tokyo hit by torrential rainfall at rush hour
People line up at Shibuya Station in Tokyo as they try to avoid the heavy rain on Thursday.
Osaka police crack down on crime ring over underage prostitution
Osaka Prefectural Police headquarters
Foreign drivers in Japan to face tougher license conversion rules from October
According to the National Police Agency, there were 75,905 people who converted their foreign driver’s license to a Japanese one in 2024, up from 48,885 in 2019.
Is Japanese skin really ‘too smooth’ for Hideo Kojima’s games?
Hideo Kojima, the leading auteur in Japanese video games, has skirted controversy in the wake of the release of Death Stranding 2: On the Beach
An emoji used to say it all. Now it might say too much.
Apple’s Craig Federighi shows off a set of emoji at a conference on June 13, 2016. While the small pictures have proved helpful in conveying nuance in our texts, younger people are using them less often.
‘Our ultimate goal is to save every single Japanese video game’
After nearly shuttering earlier this year, the Tokyo-based Game Preservation Society continues its work to save the early history of Japanese gaming.
Rare vintage shots and first-time shows at TOP’s 30th anniversary
The museum's curators selected a wide array of works from the archives for the milestone exhibitions. Among other photos, Nobuyoshi Araki's work from the series "Winter Journey" (1990) was included in the "Continuity and Change" exhibition that concluded in June.

Podcast

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

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
By Megha Wadhwa

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