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JAPAN / Politics
Feb 6, 2024

Kishida insists corporate donations have no effect on LDP policy

The responses came during Lower House budget committee questions from Akira Nagatsuma, policy chief of the opposition Constitutional Democratic Party.
A Chinese J-10 jet fighter in Zhuhai, Guangdong province, China, in November 2014. Relations between Saudi Arabia and China have become closer in the energy industry and beyond. The two countries are working to expand cooperation in fields including aircraft, artificial intelligence and infrastructure.
WORLD
Feb 8, 2024

China grabs spotlight with major presence at Saudi weapons show

Exhibiting for the first time under a single brand, state companies displayed a range of weaponry, from drones to anti-aircraft and ballistic missiles.
In the quest for immortality, some researchers believe mind uploading will be our ticket to an eternal existence.
PODCAST / deep dive
Feb 8, 2024

Japan’s take on immortality; problems in Palworld

As scientists and technologists attempt to tackle the problem of aging and death, we discuss Japanese ideas about immortality.
A Banei Keiba horse race takes place at the Obihiro racecourse in Hokkaido on Dec. 9. The unpredictable stop-and-start drama of the world's slowest horse race has drawn new fans.
JAPAN
Feb 18, 2024

'Suspense' of slowest horse race wins new fans in Japan

At the Banei Keiba races in Hokkaido, spectators cheer on workhorses moving at the pace of a brisk human walk.
Tetsuro Higashi, the chairman of Rapidus, speaks during an interview in Tokyo in February last year.
BUSINESS / Tech
Feb 10, 2024

Japan earmarks ¥45 billion to fire up chip research at home

The funds are part of a major national push to catch up in semiconductor manufacturing.
Taylor Swift attends Super Bowl LVIII between the Chiefs and 49ers in Las Vegas on Sunday.
MORE SPORTS / Football
Feb 12, 2024

Superstar Taylor Swift attends Super Bowl to cheer on Chiefs' Travis Kelce

The Super Bowl got an early jolt of excitement on Sunday when enormous TV screens around the stadium showed Swift arriving about two hours before kickoff.
Copies of the Apple Daily newspaper, published by Next Digital Ltd., at the company's printing facility in Hong Kong on Nov. 5, 2020.
WORLD / Politics
Feb 12, 2024

In Trump-Biden rematch, the only sure loser is China

Trump’s rhetoric may pressure Biden to take harsher measures in the run-up to election day — bad news for China’s economy and slumping stock market.
Japan’s latest growth figures are set to confirm it slipped to become the world's fourth-largest economy last year.
BUSINESS / Economy
Feb 13, 2024

Japan GDP set to confirm slip to world’s fourth-largest economy

Figures for the calendar year are almost certain to show the value of output falling behind Germany’s in dollar terms.
The Nvidia headquarters in Santa Clara, California
BUSINESS / Tech
Feb 13, 2024

Nvidia briefly overtakes Amazon in market value

NVIDIA's market value momentarily surpassed Amazon's on Monday, fueled by soaring demand for its chips used in artificial intelligence computing.
Masahiro Inoue, incoming chief executive officer of Daihatsu Motor, during a news conference in Tokyo on Tuesday
BUSINESS / Companies
Feb 13, 2024

Toyota replaces Daihatsu chief after safety scandal

Masahiro Inoue, the CEO of Toyota Latin America, will replace Soichiro Okudaira effective March 1.
The bond sale is part of Prime Minister Fumio Kishida's plan to sell ¥20 trillion of bonds to help finance projects such as developing low-cost wind power generators and airplanes that use alternative fuels.
BUSINESS
Feb 13, 2024

Japan's first sovereign green bonds expected to attract healthy demand

The financing is meant to help the nation cut greenhouse gases to zero by 2050 and become a carbon-neutral society.
Hisashi Oka, president and CEO
ESG CONSORTIUM
Feb 14, 2024

OAT Agrio grows better farms with green tech, agrochemicals

OAT Agrio Co. Ltd. produces environmentally friendly fertilizers and other agricultural chemicals for the sake of both better food security and nature. In a recent interview with The Japan Times, the company’s president, Hisashi Oka, talked about its hands-on efforts to learn more and continue improving...
Amazon CEO And Blue Origin Founder Jeff Bezos
BUSINESS / Companies
Feb 14, 2024

Jeff Bezos sells $4 billion of Amazon stock, avoiding $288 million levy

Moving to Florida, after Washington imposed a 7% gains tax, the world’s second-richest person offloaded 24 million shares over just four trading days.
No politicians, government officials, bankers or business leaders have voiced strong opposition to Bank of Japan Gov. Kazuo Ueda's intention to put an end to the world’s last negative rate regime.
BUSINESS
Feb 14, 2024

Lack of political opposition opens way for BOJ rate hike

Bank of Japan Gov. Kazuo Ueda is in a rare sweet spot for such a move, in sharp contrast to the experiences of his BOJ predecessors.
Telecoms giant KDDI plans with Mitsubishi to take convenience store operator Lawson private could help it as it currently stands behind FamilyMart and Seven & I Holdings in a three-horse race.
COMMENTARY / Japan
Feb 14, 2024

There are clouds on the horizon in Japan’s 'conbini-land'

Industry consolidation has pushed minor players out of the conbini game.
A Starlink satellite internet system is set up near the frontline town of Bakhmut, Ukraine, in March 2023.
WORLD
Feb 15, 2024

Musk’s Starlink wins license for Israel and parts of Gaza

The service will be available to some authorities in Israel and a field hospital run by the UAE in southern Gaza.
Renesas Electronics will buy software firm Altium in the biggest acquisition yet of an Australian-listed company by a Japanese buyer.
BUSINESS / Companies
Feb 15, 2024

Japan chipmaker Renesas to buy software company Altium for $5.9 billion

The move marks the biggest acquisition yet of an Australia-listed company by a Japanese buyer.
Labor unions at Toyota and other carmakers are seeking record pay increases in this year's spring wage negotiations.
BUSINESS / Companies
Feb 15, 2024

Major auto firm unions request record pay hikes ahead of annual talks

Whether major automakers fully accept unions' demands for a second consecutive year is set to be in focus after the prime minister called for wage hikes.
Nvidia CEO Jensen Huang attends a session of the World Governments Summit in Dubai on Monday.
BUSINESS / Companies
Feb 15, 2024

Nvidia overtakes Alphabet, one day after eclipsing Amazon

The AI frenzy has boosted tech stocks associated with the field, but Nvidia stands out for its significant revenue growth.
TSMC’s surge propelled Taiwan’s benchmark index to a record high, as expectations of booming demand for artificial intelligence technology drove investor sentiment.
BUSINESS / Tech
Feb 15, 2024

TSMC soars most since 2020, lifting Taiwan on AI optimism

The company’s surge propelled Taiwan’s benchmark index to a record high, as expectations of booming demand for AI technology drove investor sentiment.
Taiwan Semiconductor Manufacturing Co.'s first Kumamoto plant in the town of Kikuyo, Kumamoto Prefecture, on Feb. 10
BUSINESS / Companies
Feb 16, 2024

Japan boosts aid to chip projects amid global race

Prompted by concerns, the government acted swiftly to prevent the potential loss of domestic production bases.
BASEBALL
Feb 16, 2024

Seoul mayor hopes interest in Shohei Ohtani and MLB brings more games to South Korea

The Seoul Series will be a chance for South Korea and MLB to work together to revive professional baseball’s popularity in the nation.
Shoppers walk past an ID Hub, a Volkswagen showroom for electric cars, at a mall in Shanghai on Dec. 3, 2023.
BUSINESS / Companies
Feb 19, 2024

Firms with deep roots in China reconsider their Xinjiang ties

Volkswagen Group is reviewing the future of its joint venture in the Xinjiang region of northwestern China
ASML engineers walk past a High NA EUV tool at ASML’s headquarters in Veldhoven, Netherlands, on Nov. 20, 2023.
WORLD / Politics
Feb 20, 2024

Dutch say China seeks military advantage from ASML tools

Netherlands-based ASML, Europe's largest tech firm, dominates the world market for lithography systems, needed by computer chipmakers.
BUSINESS
Feb 20, 2024

Hirotake Yano, founder of ¥100 chain Daiso, dies at 80

The retailer capitalized on a shift in spending habits after Japan's economic bubble burst, launching Yano onto the Bloomberg Billionaires Index.
CocoDesk private work booths set up by Fujifilm Business Innovation and Tokyo Metro at a subway station in Tokyo
BUSINESS / Companies
Feb 20, 2024

Demand for private work booths grows in Japan

The increase in the use of private work booths reflects how working styles have become more diverse since the pandemic.
Visa-free access for Chinese tourists to Southeast Asia countries boosted traffic and signaled a robust revival in travel since Beijing lifted strict COVID-19 restrictions in early 2023 that had all but shut China's borders for three years.
BUSINESS / Economy
Feb 21, 2024

Chinese tourists flock to Southeast Asia as travel bounces back

The increase provides welcome relief to countries that rely on the Chinese and their spending.
Volkswagen ID.3 and Cupra Born electric cars on the production line at the company’s plant in Zwickau, Germany.
BUSINESS / Companies
Feb 21, 2024

Europe is being forced to reboot its car industry

Unless they can get strategies back on track, Europe’s automakers risk falling further behind China and Tesla
A Rapidus factory construction site in Chitose, Hokkaido, in December
BUSINESS / Tech
Feb 21, 2024

Japan’s chip spree aims to kick economy into high gear

The government’s chip strategy aims to triple domestic chip sales to around ¥15 trillion by 2030.
As their popularity grow, Shein and Temu together send almost 600,000 packages to the U.S. every day.
BUSINESS / Companies
Feb 22, 2024

Rise of fast-fashion Shein and Temu roils global air cargo industry

Their pursuit of limited air-cargo space to woo consumers with rapid transit times make off-peak seasons almost disappear and cause capacity shortages.

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?