Search - 2021

 
 
Japan's economy stumbled into a recession in the October-December quarter last year on weak domestic demand, preliminary estimates have shown.
BUSINESS / Economy
Mar 8, 2024

Japan household spending logs biggest drop in 35 months in January

Household spending in January decreased by 6.3% from a year earlier and was down for the 11th straight month.
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.
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.
JAPAN / Crime & Legal
Mar 8, 2024

Group files lawsuit over Japan law that mandates couples share a surname

Similar lawsuits have been filed before, but public opinion appears to be shifting in favor of allowing couples to have separate surnames.
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 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.
An image taken from video of a U.S. Navy F/A-18 jet crew’s encounter with an unexplained anomalous phenomena
WORLD / Politics
Mar 9, 2024

Pentagon review finds no evidence of alien cover-up

But the new report suggests that the public’s belief that the government is hiding what it knows will probably continue.
JAPAN / Science & Health
Mar 9, 2024

Space One postpones bid to be Japan's first private firm to put satellite in orbit

The Tokyo-based startup halted the mission after a ship ventured into a "maritime warning area" just 10 minutes before the launch.
Elon Musk, CEO of SpaceX and Tesla, attends a conference in Paris in June of last year.
WORLD / Politics
Mar 10, 2024

Led by Musk, Silicon Valley inches to the right

Musk and other tech mavens are pushing themes cherished by Fox News and far-right movements from a place that electorally remains a liberal stronghold.
Japan revised economic data higher, reversing a quarterly contraction in October-December 2023 into positive growth and avoiding a technical recession.
BUSINESS / Economy
Mar 11, 2024

Japan’s economy avoids recession one week before BOJ meeting

The government made an upward revision to capital investment figures to reflect 2% growth, which in turn sent the country's GDP into positive territory.
A DJI drone emerges from the casing on top of a BYD Yangwang U8 vehicle.
BUSINESS / Companies
Mar 11, 2024

China EV makers woo buyers with in-car beds, kitchens and drones

Top EV makers are facing a slowdown in demand at home as consumers curb spending.
Barrels stored at the Energy Fuels White Mesa Mill uranium production facility in Utah
BUSINESS / Markets
Mar 11, 2024

Uranium firms revive forgotten mines as price of nuclear fuel soars

Mines were idled in the aftermath of Fukushima, when uranium prices crashed and countries like Germany and Japan initiated plans to phase out reactors.
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.
Nebraska guard Keisei Tominaga has become one of the most exciting players in the Big Ten during his three seasons with Nebraska.
BASKETBALL
Mar 11, 2024

'Japanese Steph Curry' Keisei Tominaga shoots for stars and NBA with Nebraska

“I think I still gotta get better about a lot of things,” he said. “I think it’s getting closer to my dream."
Dai Karasawa, president of SSE Pacifico K.K., a joint venture of U.K. energy group SSE and Japan's Pacifico Energy, speaks about their plan to develop offshore wind farms in Japan during an interview in Tokyo, last week.
BUSINESS / Companies
Mar 11, 2024

SSE's Japan unit aims to develop 6GW offshore wind farms

Japan is aiming to become a major offshore wind power producer, with the government targeting 10 GW by 2030 and up to 45 GW by 2040.
BUSINESS / Companies
Mar 11, 2024

Daiso banks on ‘brand Japan’ for U.S. expansion

The discount store chain plans to open 65 stores in the U.S. in 2024, and over 100 next year.
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.
Persepolis soccer team fans at Azadi stadium in Tehran in August 2022
SOCCER
Mar 12, 2024

Tehran soccer derby ignites passions in Iran

The Azadi stadium, home to both teams, is one of the largest in the world, and will see its seats packed for the game.
A woman holds a picture of Russian President Vladimir Putin during a rally organized by Serbian ultra nationalist organizations in Belgrade in 2022.
WORLD / Politics
Mar 12, 2024

As Russia prepares to vote, Putin's sights remain set on new world order

Running for a fifth term in office this week, the Russian president has built up a system of domestic repression almost certain to guarantee his success.
Climate protesters interrupt a campaign event for former U.S. President Donald Trump in Indianola, Iowa, on Jan. 14.
COMMENTARY / World
Mar 10, 2024

What would a Trump win mean for the climate?

Even if Trump wins and tries to take a wrecking ball to climate policies, he ultimately can't derail the renewables revolution gaining momentum in the U.S.
JAPAN / Crime & Legal
Mar 12, 2024

Death sentence overturned for Kudokai gang boss

The criminal mastermind remained expressionless and stared directly at the judge as it was announced that the death sentence had been overturned.
JAPAN / Science & Health
Mar 13, 2024

Japan's Space One rocket explodes shortly after launch

The firm's solid-fuel Kairos rocket burst into flames just seconds after liftoff, in a major setback for Japan’s space development aspirations.
Earl Stewart, a Toyota dealer, says he was shocked when he first heard about Toyota’s strategy.
BUSINESS
Mar 13, 2024

Toyota’s hybrid-first strategy is delivering big profits

Toyota’s sales are booming, and the company is reporting huge profits.
India's Prime Minister Narendra Modi waves to supporters from a car after offering prayers at the Kashi Vishwanath Hindu temple in Varanasi on Saturday.
WORLD / Politics
Mar 13, 2024

Modi ramps up campaign to position India as alternative to China

Efforts to integrate the country into global supply chains come ahead of elections in which the Indian premier is seeking to extend his decade in power.
A Costco store in Illinois
BUSINESS / Companies
Mar 13, 2024

Costco’s Japan unit warned by FTC after cutting subcontractor payments

Bakery and food suppliers saw their compensation reduced by ¥33.5 million from 2021 to 2023, the agency has said.
Children play around the giant Squid King statue in the town of Noto, Ishikawa Prefecture, on Feb. 27.
JAPAN / Society
Mar 13, 2024

Noto symbol 'Squid King' stands resolute amid quake devastation

Once criticized as "wasteful," the statue's steadfast presence has become a source of solace for local residents as they strive toward recovery.
China insists that for meaningful negotiations to occur, the nuclear arsenals of the U.S. and Russia must be reduced to levels comparable to its own.
COMMENTARY / World
Mar 13, 2024

China’s ‘minimum’ nuclear deterrence is still a threat

Estimates of the number of Chinese warheads range from 400 to 500, a striking contrast to the several thousand that the U.S and Russia possess.
A flare burns at a gas plant near Orla, Texas. Production and use of fossil fuels put more than 120 million metric tons of methane into the atmosphere last year, a slight rise from 2022.
ENVIRONMENT / Energy
Mar 14, 2024

Methane emissions from energy sector rose in 2023 despite pledges

Production and use of fossil fuels put more than 120 million metric tons of methane into the atmosphere last year.
Russian President Vladimir Putin gives an interview at the Kremlin in Moscow on Tuesday.
WORLD / Politics
Mar 14, 2024

In preelection messaging, Putin less strident on nuclear war

In a lengthy television interview, Putin struck a softer tone than in his state-of-the-nation address last month.

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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