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Japan's industrial production in June climbed 2% from the previous month, led by brisk output of new automobiles amid strong demand at home and abroad.
BUSINESS
Jul 31, 2023

Japan’s production rebounds, signaling continued modest recovery

Factory output rose 2% from the previous month, rebounding from the previous month and led by increases in cars and electronic devices.
Chef and restaurant owner Rikuo Morimoto, who runs the restaurant Andante in Tokyo, on May 1. A 2019 government report estimated that about 1.27 million small business owners would be 70 or older by 2025 and have no successors.
BUSINESS / Economy
Aug 6, 2023

'Era of mass closures': The Japanese firms with no successors

A 2019 government report estimated that about 1.27 million small business owners would be 70 or older by 2025 and have no successors.
Kazuyuki Tanioka, the owner of Japanese cuisine Toya restaurant, prepares fish a sashimi dish during an interview in Beijing on July 25.
BUSINESS
Jul 31, 2023

Japanese eateries in China fear ruin over Fukushima water release

Shortly after the 2011 disaster hit the Fukushima No. 1 plant, China banned the import of food and agricultural products from five Japanese prefectures.
A Toyo Safety Industrial helmet with a built-in fan is showcased at Extreme Heat Countermeasures Exhibition in Tokyo in July.
BUSINESS
Jul 31, 2023

Fan-cooled beds and baby carriers among new gadgets to beat heat

At Tokyo’s annual trade show last week the focus was on how to keep workers in high-temperature environments cool and reduce the risk of heatstroke.
JAPAN / Society
Jul 31, 2023

First foreign pavilion application fails to calm Osaka Expo nerves

Officials worry that unless other countries move to set up their pavilions soon, some who have agreed to build them could reverse course.
Chinese drone maker DJI holds a demonstration to display an app that tracks a drone's registration and owner, in Montreal in November 2019.
ASIA PACIFIC
Aug 1, 2023

China curbs exports of drone equipment amid U.S. tech tensions

Beijing said it hopes to safeguard "national security and interests" amid escalating tension with the United States over access to technology.
Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing in May.
WORLD / Science & Health
Aug 1, 2023

Elon Musk’s unmatched power in the stars

The tech billionaire has become the dominant power in satellite internet technology. The ways he is wielding that influence are raising global alarms.
Foreign entertainers are now permitted to work in event venues with a capacity of more than 100 people — including standing-only establishments — that sell food and drinks.
JAPAN / Society
Aug 1, 2023

Japan loosens requirements for entertainer visas

Entertainers earning more than ¥500,000 or more per day are now able to stay for up to 30 days, an increase from 15 days.
U.S. Treasury Secretary Janet Yellen on Tuesday called the downgrade of the United States' top-tier sovereign credit grade by Fitch Ratings "arbitrary” and "outdated.”
BUSINESS / Economy
Aug 2, 2023

U.S. credit rating downgraded from AAA by Fitch 

Fitch Ratings criticized the country’s ballooning fiscal deficits and an "erosion of governance” that have led to repeated debt limit clashes.
Nomura Holdings Chief Executive Officer Kentaro Okuda
BUSINESS
Aug 2, 2023

Nomura shares tumble most in two years after profit miss

The stock dropped as much as 8.5% on Wednesday morning, the biggest daily decline since March 2021.
Paris Saint-Germain players line up before the team's club friendly against Inter Milan at Tokyo's National Stadium on Tuesday.
SOCCER
Aug 2, 2023

Second straight tour shows PSG's commitment to Japanese market

The French superclub has experienced explosive growth in its global base, especially in Asia, since its 2011 takeover by Qatari ownership.
India's Prime Minister Narendra Modi shakes hand with Tesla chief executive Elon Musk in New York on June 20, 2023.
BUSINESS
Aug 3, 2023

In India, it's advantage Tesla as Chinese automakers face heat

Tesla has had a red-carpet welcome from India for its proposal to invest in the country, while China has been stopped cold.
The government may sell stakes in some major firms, including NTT, to fund its growing defense spending.
BUSINESS
Aug 3, 2023

Raising the stakes: Japan may sell shares to fund defense spending

Selling government stakes in some of Japan's biggest firms won't be straightforward, given the need for consensus and changes to laws.
Akira Amari, Japan's chip czar, has said that funding around one-third of the cost of a chip plant is the norm, and the 50% funding for Japan's first TSMC chip plant was unusually high.
BUSINESS
Aug 3, 2023

Chip minister hints Japan to fund one-third of second TSMC plant

The subsidies will be part of Japan’s efforts to revive its domestic chipmaking industry, a sector viewed as crucial for growth and economic security.
An S-400 surface-to-air missile system outside the town of Gvardeysk, near Kaliningrad, Russia, in March 2019. The S-400 is one of the defense items India has procured from Russia.
COMMENTARY / World / Geoeconomic Briefing
Aug 15, 2023

A new tide of weapons imports, production and development

Some countries are beginning to diversify when looking for partners for their arms needs.
Maung Saungkha at an undisclosed location in the jungles of southeast Myanmar
ASIA PACIFIC
Aug 4, 2023

Myanmar poet turned rebel leader seeks new base to confront junta

The growth of Maung Saungkha's BPLA owes much to his skills in building bridges with other armed groups, according to allies and analysts.
Hitachi CEO Keiji Kojima. The company’s metamorphosis belies the argument that the bastions of Japan Inc. are set forever in their ways.
BUSINESS / Companies
Aug 4, 2023

Hitachi reinvents itself in sign of hope for Japan

The old-school conglomerate revamped its governance, shrank its empire to focus on growth and evolved into a more global enterprise.
Visitors to the "Henri Matisse: The Path to Color" exhibition at Tokyo Metropolitan Art Museum face tough decisions in the gift shop.
CULTURE / Art
Aug 5, 2023

Matisse gachapon, Hockney parfaits: Japan’s next-level art merch

A Tokyo art exhibit doesn’t feel complete without a room filled wall-to-wall with custom trinkets.
Children play on a beach near a Taiwan Navy supply ship on Nangan Island, which is part of the Matsu Archipelago that is controlled by Taipei and located close to the coast of mainland China.
COMMENTARY / World
Aug 4, 2023

A year after Nancy Pelosi’s historic visit, is Taiwan more secure?

Though both U.S. and broader international support for Taipei has accelerated, the Chinese military is regularly operating closer to the island than ever.
India is facing a potential future food crises due to severe climate change despite its per capita carbon emissions being lower than some countries such as Germany. 
COMMENTARY / World
Jul 25, 2023

India’s food security is being choked by climate change

A warming planet is destabilizing the cycles of rain and sun that are keeping India fed.
A farmer plants rice seedlings using a rice transplanter in a paddy field in Kobe in June.
JAPAN
Aug 6, 2023

Japan's demand for rice falls 10 years in a row

As demand wanes, the agriculture ministry has begun urging farmers to switch to growing soybeans and wheat, as well as rice used for animal feed.
Warabeya Nichiyo Holdings has apologized after a video went viral that showed one of its rice ball products appearing to contain a cockroach at a Seven Eleven convenience store.
BUSINESS
Aug 7, 2023

Cockroach contamination sends rice-ball supplier’s stock reeling

The company said it is recalling all relevant goods from the factory in Omiya where the food was produced.
Nominal cash earnings for workers in June rose 2.3% from the previous year, decelerating from a revised 2.9% clip in the previous month.
BUSINESS / Economy
Aug 8, 2023

Wage growth slowed in June, boosting case for BOJ to hold firm

The unexpected slowdown suggests the labor market may be losing some steam, and clouds prospects for the Bank of Japan’s sustainable inflation goal.
BUSINESS
Aug 8, 2023

End of the line for snack carts on Tokyo-Osaka shinkansen

End of popular service comes amid a looming labor shortage and the trend of more people buying food before boarding.
The Alibaba Group Holding offices in Beijing on Tuesday. Alibaba is scheduled to release earnings results on Thursday.
BUSINESS / Companies
Aug 9, 2023

Alibaba and Tencent’s big gains may not signal inflection point

Chinese policymakers have stopped short of providing significant policy support, consumer spending is muted and profit margins remain thin.
New Zealand's Football Ferns earned their first-ever Women's World Cup win in their Group A opener against Norway on July 20.
SOCCER / Women's World cup
Aug 9, 2023

Kiwi players hope World Cup leaves legacy in rugby-mad homeland

Half of the tournament's 32 teams were based in New Zealand, often sharing training facilities with local clubs.
Ukrainian President Volodymyr Zelenskyy meets with NATO’s leaders at the bloc’s summit in Vilnius, Lithuania, on July 12. 
COMMENTARY / World
Aug 10, 2023

How Russia could benefit from Ukraine’s NATO membership

While Russian leaders have cited NATO enlargement as a justification for invading Ukraine, ordinary Russians have much to gain from Ukrainian membership.
A retired assassin (Haruka Ayase) fights off military imperialists in Isao Yukisada’s “Revolver Lily.”
CULTURE / Film
Aug 10, 2023

‘Revolver Lily.’: Lavish anti-war actioner racks up body count

Haruka Ayase plays the titular assassin intent on thwarting an imperialist plot to start a war with stylish confidence.
A bulk carrier transits through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama, on April 19.
BUSINESS / Economy
Aug 11, 2023

Drought-hit Panama Canal lets more unbooked ships pass

Around 70% of canal traffic comes from or goes to the U.S., where retailers like Walmart, Amazon and Target prep for winter holiday sales.
Workers at a WeWork coworking office in London
BUSINESS / Companies
Aug 11, 2023

Flexible work will survive despite gloomy corporate signals

A growing body of research, trend data and surveys show that flexibility matters, and that work is now a thing we do, not a place we go.

Longform

A sinkhole in Yashio, which emerged in January, was triggered by a ruptured, aging sewer pipe. Authorities worry that similar sections of infrastructure across the country are also at risk of corrosion.
That sinking feeling: Japan’s aging sewers are an infrastructure time bomb