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A worker cleans a table in an empty McDonald's restaurant in Cairo on Monday.
BUSINESS / Companies
Nov 23, 2023

Boycott campaigns over Gaza hit Western brands

Companies are feeling the impact in Egypt and Jordan, and there are signs the campaign is spreading in some other Arab countries.
Toyosu, a reclaimed area and former industrial zone in the Tokyo Bay area, has become popular with a new wave of Chinese immigrants for its breathtaking views of the Tokyo skyline.
JAPAN / Society
Nov 28, 2023

A new wave of Chinese elites is flocking to Japan

Recent newcomers are affluent and financially savvy, and choose Japan after weighing the pros and cons of other potential overseas destinations.
A worker inside the Envision battery manufacturing plant at Nissan's Sunderland factory in Britain in July 2021.
BUSINESS / Companies
Nov 24, 2023

Nissan to invest $1.4 billion to build two new EV models in Britain

Plans for electric versions of crossover models will require an investment of up to £2 billion in a third battery plant and infrastructure projects.
A boar captured in a project to connect farmers and young hunters
JAPAN
Nov 26, 2023

Efforts underway to help license holders get hunting experience

Crop damage and and dangerous animal encounters are on the rise in Japan, but active hunters are dwindling.
New Zealand's new Prime Minister Christopher Luxon takes an oath during the swearing-in of the new government in Wellington on Monday.
ASIA PACIFIC / Politics
Nov 27, 2023

New Zealand's new leader doesn't drink and loves country music

At 53, Christopher Luxon has completed a rapid political ascent four years after leaving one of the country's top executive roles.
A pipeline transporting seawater is part of the facility for releasing treated radioactive water into the ocean from the Fukushima No. 1 nuclear power plant
COMMENTARY / Japan
Nov 27, 2023

Japan’s wastewater release could bring the region together

The release of treated radioactive water from Fukushima No. 1 could be a springboard for more transparency around nuclear energy in Japan and all of Asia.
Yasuhide Uno, Usen-Next Holdings CEO, has transformed his father’s company into Netflix’s biggest competitor in Japan.
BUSINESS / Companies
Nov 28, 2023

Reluctant CEO becomes billionaire at Netflix rival in Japan

Initially wanting nothing to do with his father's cable music company, Yasuhide Uno's faith in video streaming helped him rebuild it for a new era.
Wrong parts may have been used in the vehicle-assembly process of minivans, leading to Toyota's latest production line suspension.
BUSINESS / Companies
Nov 29, 2023

Toyota halts production lines at plant again

Wrong parts may have been used in the vehicle-assembly process of the Noah and Voxy minivans, leading to the suspension, the firm said.
Tesla's new Cybertruck is displayed at a Tesla store in San Diego on Nov. 20.
BUSINESS
Dec 1, 2023

Tesla's Cybertruck is priced 50% higher than initial estimate

Cybertruck's new body material and unconventional, futuristic styling has added complexity and costs to production.
CULTURE / Music / Sound Off
Dec 2, 2023

The entertainment story of the year is long overdue

As entertainment heavyweights Johnny & Associates and Takarazuka Revue are hit by scandals, hope for reform emerges with changing attitudes toward abuse.
Prime Minister Fumio Kishida speaks during a session at the United Nations climate summit in Dubai on Friday.
JAPAN / Politics / FOCUS
Dec 3, 2023

For embattled Kishida, Dubai trip fails to pay dividends

The PM's visit to Dubai for a U.N. climate summit will do little to offset woes at home, including an LDP funding scandal and sagging approval ratings.
Evergrande has become a poster child for China’s property crisis since the builder defaulted two years ago. It reported a combined loss of $81 billion in 2021 and 2022.
BUSINESS / Companies
Dec 4, 2023

Evergrande winding-up hearing in Hong Kong adjourned again

The world’s most-indebted property developer now has eight weeks to convince offshore bondholders to agree on a restructuring.
A BMW electric vehicle is charged at a charging station in Drogenbos, Belgium, in November.
BUSINESS
Dec 4, 2023

EU's electric dreams short-circuited by EV charging gridlock

The process for setting up a fast EV charging station has risen to an average of two years from six months in the last few years.
Consumer prices excluding fresh food rose 2.3% in November from the prior year in Tokyo.
BUSINESS / Economy
Dec 5, 2023

Tokyo inflation cools to slowest pace in over a year

The development supports the Bank of Japan’s view that it should continue to be cautious about a tightening of policy.
Inter Miami forward Lionel Messi celebrates after his team won the Leagues Cup final against Nashville SC on Aug. 19.
SOCCER
Dec 6, 2023

Lionel Messi named Time's 'Athlete of the Year'

Time said the superstar had already had a transformative impact on the American sporting landscape, which has been historically slow to embrace soccer.
The building at 245 Park Avenue, which housed the headquarters of Bear Stearns in the 1980s, in New York. Mori Trust bought a 49.9% stake in the building from SL Green Realty in June.
BUSINESS
Dec 6, 2023

Japanese buyers snap up New York and London buildings in spree

Investors see attractive prices stemming from the real estate downturn, even as the yen’s weakness reduces purchasing power.
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.
BUSINESS / Companies
Dec 6, 2023

Satellite imagery startup iQPS surges 82% in Tokyo debut

The stock opened at ¥860 per share versus its IPO price of ¥390, with trading delayed by nearly five hours due to a glut of buy orders.
Workers collect recyclable garbage including plastic bottles on World Environment Day in Tokyo in June 2020.
COMMENTARY / Japan
Dec 6, 2023

New solutions tackle Japan’s waste problem at its core

Issues like the plastics and climate crises seem insurmountable — until we apply "systemic design," as several Japanese initiatives are showing.
BUSINESS / Markets
Dec 8, 2023

Yen extends rally to second day as traders bet on early BOJ hike

The rally in the yen spilled over into a second day as traders wagered that the Bank of Japan will scrap the world’s last negative interest-rate regime much sooner than previously thought.
Shakhtar Donetsk players celebrate defender Mykola Matviyenko scoring the opening goal against Antwerp during a UEFA Champion's League Group H match in Hamburg on Nov. 28.
SOCCER
Dec 11, 2023

War-torn Shakhtar Donetsk looks to Saudi Arabia for financial boost

Deals with clubs in the Saudi Pro League may lead to lucrative player transfers and exhibition matches in the Gulf nation next season.
Gold ornaments on display for sale at a Chow Tai Fook jewellery store in Shanghai.
BUSINESS / Economy
Dec 11, 2023

Young Chinese spurn traditional investments in favor of gold

The trend underscores uncertainty about growth prospects in the world's second-largest economy, which has not recovered from COVID-19 as fast as expected.
Nio workers inspect a vehicle on an assembly line at the automaker’s factory in Hefei, China. China misjudged the rapid expansion of its electric vehicle sector, leaving a shortfall of skilled technicians as young people shun manufacturing careers.
BUSINESS / Companies
Dec 11, 2023

China’s electric car factories can’t hire fast enough

A frenzy of construction and expansion of factories has made electricians and robotics specialists a hot commodity.
Japan’s producer price index rose 0.3% in November from a year earlier.
BUSINESS / Economy
Dec 12, 2023

Japan’s input inflation eases further to slowest pace since 2021

The persistent slowdown in the index this year is in line with the BOJ’s view that price pressures are cooling.
U.S. Commerce Secretary Gina Raimondo and Chinese Vice Premier He Lifeng meet for talks in Beijing on Aug. 29.
COMMENTARY / World
Dec 12, 2023

The Washington-Beijing tech war is just getting started

U.S. Commerce Secretary Raimondo emphasizes the need to prevent China from accessing cutting-edge technology, citing national defense concerns.
ASML chief executive officer Peter Wennink (right) welcomes South Korean President Yoon Suk-yeol during the latter's visit to ASML facilities in Veldhoven, the Netherlands
BUSINESS / Tech
Dec 13, 2023

ASML and Samsung ink chip deal as Yoon visits Netherlands

Semiconductor powerhouses agreed to set up a research plant using next-generation extreme ultraviolet equipment in South Korea.
Mena Kato, Microsoft's new director of Japan partnerships for Xbox, during an interview in Tokyo on Nov. 29
BUSINESS / Companies
Dec 13, 2023

Microsoft taps PlayStation veteran to champion Xbox in Japan

Mena Kato is counting on her dealmaking skills, Microsoft’s global reach and local connections to make the Xbox a relevant player.
Liberal Democratic Party policy chief Koichi Hagiuda (center) attends a party hosted by his faction, which was previously led by former Prime Minister Shinzo Abe, in May in Tokyo.
JAPAN / Politics
Dec 13, 2023

Focus turns to replacements as scandal-hit LDP ministers face ax

In a news conference Wednesday evening, Fumio Kishida said he would make replacements the following day but declined to comment on the details.
A story on the front page of The Japan Times on Jan. 4, 1924, focuses on a Tokyo attempting to recover from the Great Kanto Earthquake.
JAPAN / History / Japan Times Gone By
Jan 1, 2024

The Japan Times 1924: Tokyo greets 1924 in hope of better things

After a year in which the capital and its surroundings experienced a catastrophic earthquake, an article highlights the resolve of the people.
Israeli soldiers during tank drills in northern Israel in October. Washington wants Israel to end its large-scale ground campaign in the Gaza Strip around the end of the year and transition to a more targeted phase in its war against Hamas.
WORLD / Politics
Dec 15, 2023

Washington urges Israel to scale down its war in Gaza

U.S. officials say Biden wants Israel to switch to more precise tactics in about three weeks.

Longform

Growing families are being priced out of Tokyo’s condo market, forced to choose between downtown convenience and suburban space.
Is living in central Tokyo still affordable?