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Many of the entrepreneurs who’ve become superwealthy are now seeking to manage and transfer riches to their descendants in Asia. That’s resulting in a surge in family office demand.
ASIA PACIFIC
Jul 31, 2023

Asia’s richest families fuel race for lucrative finance jobs

Many of Asia's superwealthy are now seeking help managing their estates just as old-money families in the West have done for decades.
Bradley Fighting Vehicles on Jan. 25 at the Transportation Core Dock in North Charleston, South Carolina, ahead of shipment as part of a U.S. military aid package to Ukraine.
COMMENTARY / World / Geoeconomic Briefing
Aug 8, 2023

Is China going unchecked while the West supports Ukraine?

Some have criticized Washington's efforts to help Kyiv as having a negative impact on its ability to deter a possible contingency from Beijing.
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.
Director Dean Johnson wanted to strip back the staging of “Once – In Concert” in a way that honored the film. The production had a limited run at the London Palladium earlier this year and Johnson notes the Tokyu Orb Theater has a similar set up.
CULTURE / Stage
Jul 31, 2023

'Once' speaks the universal languages of music and love

Award-winning Irish theatrical production brings its dry wit and catchy songs to Tokyo for a midsummer musical experience.
New Zealand Prime Minister Chris Hipkins (center) and others, as Britain signs the treaty to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, in Auckland on July 16.
BUSINESS / ANALYSIS
Aug 1, 2023

China entry into trans-Pacific trade pact faces political hurdles

China should be able to meet standards set out in the pact, experts say, forcing members to make a politically uncomfortable decision on letting it join.
Toyota Motor Corp.’s quarterly profit exceeded estimates as improvements in the supply of semiconductors and a cheap yen helped the carmaker capitalize on a global rebound in demand for new vehicles.
BUSINESS / Companies
Aug 1, 2023

Toyota profit tops estimates, sticks to full-year forecasts

A post-pandemic surge allowed the automaker to boost production and sell a record number of vehicles in June.
A new high-rise is erected in Beijing in October 2021. The same year, 41% of the assets in China’s banking system were accounted for by property-related loans and credit.
COMMENTARY / World
Aug 1, 2023

Is Japan’s economic past China’s future?

China is facing a long period of low growth similar to Japan’s experience since the 1990s.
JAPAN
Aug 1, 2023

July in Japan saw second-highest number of days over 35 C for the month

Temperatures above 35 C were recorded at 2,435 locations, with climate change and El Nino contributing to scorching heat.
Chikako Utsumi holds bottles of Rose Mind at Tenpoichi sake brewer in Fukuyama, Hiroshima Prefecture.
JAPAN / Regional Voices: Hiroshima
Aug 7, 2023

Local Hiroshima sake and beef grow in popularity due to G7

Popular sake Rose Mind has seen its popularity surge since it was served during the Group of Seven summit in Hiroshima.
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.
The social media backlash to “Barbenheimer,” an internet trend centered on the simultaneous release of Greta Gerwig’s “Barbie” and Christopher Nolan’s “Oppenheimer” in the United States, led to the hashtag #NoBarbenheimer trending recently on the social media platform X, formerly known as Twitter.
CULTURE / Film
Aug 2, 2023

‘Barbenheimer’ memes trigger anger in atomic-bombed Japan

Warner Bros. Japan criticized its U.S. counterpart for participating in internet memes that appear to trivialize the effects of the atomic bombings.
Tiger Woods will join five other players on the PGA Tour's policy board.
MORE SPORTS / Golf
Aug 2, 2023

Tiger Woods joins PGA Tour's policy board as player director

The move is part of new governance and transparency measures announced by the Tour that promises to give players more say in future decisions.
Justin Verlander pitched just 94 innings for the Mets this season before returning to the Astros in a deadline-day trade.
BASEBALL
Aug 2, 2023

Mets deal ace Justin Verlander to Astros at MLB trade deadline

The former American League MVP has a 1.49 earned run average over his past seven starts struggling with an injury to start the season.
Simon Humphries, head of design at Toyota, speaks during the world premier of the new Land Cruiser in Tokyo on Wednesday.
BUSINESS
Aug 2, 2023

Toyota’s iconic Land Cruiser returns to North America

The world’s biggest carmaker has unveiled three variations of one of its most enduring models, starting at around $50,000.
The central business district in Melbourne in 2016
BUSINESS / Companies
Aug 2, 2023

Australians fight for the right to work from home permanently

While remote work spells pain for investors in bricks and mortar, employees can only see benefits: "It just helps get through life a little bit easier."
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.
As zombies take over the world, a salaryman (Eiji Akaso) decides to live his best life before his inevitable demise in “Zom 100: Bucket List of the Dead.”
CULTURE / Film
Aug 3, 2023

‘Zom 100: Bucket List of the Dead’: Zombie comedy has no bite

Netflix’s adaptation of the manga series about a salaryman making the most out of a zombie apocalypse is like scrolling through a mediocre Instagram feed.
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.
Masae Yamanaka joins colleagues from Panasonic Connect to take part in the Tokyo Rainbow Pride parade in April.
BUSINESS / WOMEN AT WORK
Aug 3, 2023

How one woman's career in sales flourished across four companies

As she rose through sales in various companies, Masae Yamanaka stuck to her mother’s teachings: keep working, commit to actions.
Australian Ambassador to Japan Justin Hayhurst (center) walks beside Prime Minister Anthony Albanese (right) during the Group of Seven summit in Hiroshima in May.
JAPAN
Aug 3, 2023

Tokyo-Canberra ties key to Indo-Pacific’s future: Australian envoy

"We’ve never been more important to each other," says Justin Hayhurst, Australia’s new Ambassador to Japan.
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.
The U.S. Capitol in Washington. After its downgrade of the U.S., Fitch’s AAA club now consists of Germany and Australia, along with seven others, including smaller, rich countries such as Switzerland and Luxembourg.
BUSINESS
Aug 4, 2023

Pristine AAA bond universe just got a whole lot smaller

Fitch's U.S. downgrade is the latest example of a decadelong trend in rich economies as worries about high and rising debt burdens come to the fore.
Temperatures in excess of 36 degrees Celsius have done little to deter some players of "gateball" in Tokyo this year.
LIFE
Aug 17, 2023

Japan's elderly 'gateball' players unbeaten by the heat

While the game requires little physical exertion, players have to spend time in the punishing sun as two opposing teams carefully hit balls through gates.
Simone Biles competes on the balance beam during the 2020 Tokyo Olympics at Ariake Gymnastics Centre.
MORE SPORTS
Aug 4, 2023

Simone Biles ready for long-awaited return to gymnastics

After confirming her return to competition last month, Biles said she is still undergoing therapy to help her handle the mental side of the sport.
JAPAN
Aug 4, 2023

Seiichi Morimura, 90, who exposed Japan's wartime atrocities, dies

In a book, he detailed gruesome biological experiments on people at a secret Imperial Army site in occupied China before and during World War II.
BASEBALL / MLB
Aug 4, 2023

Bobby Valentine enjoying more relaxed time with Angels

Former Marines manager Bobby Valentine is viewing the game from a different perspective these days.
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.
Yuzuru Hanyu attends a photo session in Tokyo in September 2022.
MORE SPORTS / Figure skating
Aug 5, 2023

Figure skating icon Yuzuru Hanyu announces marriage

Hanyu, who did not reveal the identity of his partner, said he will continue to skate to show the best version of himself.
Ater Jimmie Husen
LIFE / Food & Drink
Aug 6, 2023

On plates, Sweden and Japan are a natural pair

Swedish and Japanese cuisine are not natural allies, but diners in Japan don’t seem to care when they taste this unique fusion for themselves.
The protagonist of Yu Miri’s “The End of August” is a fictionalized version of the author’s maternal grandfather, a long-distance runner who lived in Japanese-occupied Korea.
CULTURE / Books
Aug 6, 2023

Yu Miri’s new book is a bleak, dizzying epic in colonized Korea

In “The End of August,” the Akutagawa Prize-winning author excavates her own family history and traces multiple generations living under Japanese rule.

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