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May 21, 2025
 

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Hiroki Nakajima, Toyota's chief technology officer, speaks during a news conference in Tokyo on Tuesday.
BUSINESS / Companies
May 29, 2024

Toyota bets on alternate-fuel engines in an electric future

The carmaker said its making progress on developing smaller, more efficient engines that can work with EV manufacturing platforms.
Aphelele Vavi (right), 22, who is studying sound engineering, at lunch with fellow students at SAE Creative Media Institute in Rosebank, South Africa, on March 19
WORLD / Politics
May 29, 2024

South Africa’s young democracy leaves its young voters disillusioned

The nation is heading into a pivotal election, in which voters will determine who will pick the president, but voter turnout has been dropping in recent years.
Notwithstanding the increase in EV sales, there are now more cars than ever powered by internal-combustion engines.
COMMENTARY / World
May 14, 2024

Nevermind those EVs — oil demand keeps growing

The oil bulls still have reason to worry: With OPEC+ trying to keep prices as close as possible to $100 a barrel, non-OPEC supply, including from biofuels, keeps surging.
University of Tokyo PhD student Kei Misumi in an air shower room before entering a clean room at the university
JAPAN
May 30, 2024

Inside a semiconductor 'clean room' at Japan's top university

Japan's push into the chip industry, where it was once dominant, feels like "spring has returned," said a chip expert.
Farm minister Tetsushi Sakamoto stands as an amendment on Japan's farm policies clears parliament on Wednesday.
JAPAN / Crime & Legal
May 30, 2024

Japan enacts revised 'constitution' for farm policies

The revised law newly underscores the necessity of ensuring food security at a time when supply chains are being destabilized.
Commercial food trucks near a checkpoint in the Israeli-occupied West Bank on Tuesday.
WORLD
May 31, 2024

Israel reopens Gaza food sales as Rafah raid chokes aid

Army authorities gave Gazan traders the OK to resume purchases from Israeli and Palestinian suppliers this month.
Consumer prices excluding fresh food rose 1.9% in May in the capital, internal affairs ministry data showed Friday.
BUSINESS / Economy
May 31, 2024

Tokyo inflation picked up in May, keeping BOJ on track for rate hike

The capital's inflation figures typically serve a indicator for national trends, suggesting a similar acceleration is likely for the rest of Japan.
Chinese Defense Minister Dong Jun speaks at the Shangri-la Dialogue security conference in Singapore on Sunday.
ASIA PACIFIC / Politics
Jun 2, 2024

A tale of two narratives: China and U.S. defense chiefs agree to disagree

Dong Jun, China’s first naval officer to be named defense minister, also took aim at U.S. allies in a speech at the Shangri-La Dialogue.
The view from the top of one of the five 70-meter-deep shafts spread across the tunnel system of the ¥230 billion Metropolitan Area Outer Underground Discharge Channel.
JAPAN / Society / Longform
Jun 3, 2024

Tokyo underground: Exploring what lies beneath the world’s largest city

Tokyo has developed a massive network of underground infrastructure to support its population, a system being put to the test by extreme weather.
Nippon Steel's proposed acquisition of U.S. Steel would give it greater access to the profitable U.S. market and further its long-term financial goals.
BUSINESS / Companies
Jun 3, 2024

Nippon Steel's Mori hints at selling some assets to aid U.S. Steel deal

The firm's vice chairman plans to return to the United States this week for more talks over the proposed acquisition.
Japanese companies' capital expenditures on goods excluding software fell 0.5% in the three months through March from the previous quarter.
BUSINESS / Economy
Jun 3, 2024

Japan’s firms trim spending, reflecting headwinds to growth

Capital expenditures on goods excluding software fell 0.5% in the three months through March from the previous quarter.
Employees assemble an electric transformer on the outskirts of Ahmedabad, India, on March 28.
WORLD
Jun 3, 2024

Modi plans post-election reforms to rival Chinese manufacturing

Indian Prime Minister Narendra Modi plans a raft of business-friendly measures if he wins a third term this week, including pushing through regulations making it easier to hire and fire workers, according to two government officials familiar with the matter.
A variety of instant noodle products is sold at Miyagi Co-op Saiwaicho Store in Sendai. The city placed second in household spending for instant noodles in a 2023 nationwide ranking.
JAPAN / Society / Regional Voices: Tohoku
Jun 10, 2024

Tohoku's love for instant noodles shines through in survey

The spending for instant noodles in Tohoku cities far exceeds the national average.
Geely Automobile Holdings' Zeekr electric vehicles bound for shipment to Europe at the Port of Taicang in Taicang, Jiangsu Province, China, on Aug. 24, 2023
BUSINESS / Tech
Jun 5, 2024

China risks trade war on two fronts as low-tech exports soar, too

The European Union is poised to slap tariffs on Chinese electric vehicles this week, the latest example of rising barriers to global trade.
A welder works on a K9 Howitzer at Hanwha Aerospace’s manufacturing facility in Changwon, South Korea.
WORLD / Politics
Jun 6, 2024

South Korea is making weapons faster and cheaper than the U.S.

Hanwha Aerospace touts smooth production lines, intact supply chains and faster delivery times, along with lower overheads than its competitors.
London's financial district in 2022. The U.K. was expected to lose a net 3,200 high-net-worth individuals last year, the most in Europe and double 2022’s level, citizenship advisory firm Henley & Partners estimated.
WORLD / Politics
Jun 6, 2024

Britain’s rich race to protect their wealth from election hit

Britain’s legal and political stability has been shaken by Brexit and the chop and change of five different Conservative prime ministers since 2016.
Ryu Kawane works at the Costco store in Meiwa, Gunma Prefecture. Costco's high pay has triggered wage hikes at other businesses in town.
BUSINESS / Companies
Jun 6, 2024

Costco's Japan wages provide pathway to firing up nation's low pay and economy

A sustainable rise in wages is a key goal for Prime Minister Fumio Kishida and the Bank of Japan says it's a crucial factor for normalizing monetary policy.
Toyota has temporarily stopped manufacturing its Corolla Fielder and Corolla Axio models following the data falsification scandal.
BUSINESS / Companies
Jun 6, 2024

Japan looks to minimize economic fallout of auto-test falsifications

The top government spokesman has described fraudulent activity uncovered this time as "minimal" compared to that of Daihatsu, which spanned decades.
Amid low approval ratings since the Liberal Democratic Party slush funds scandal came to light, Prime Minister Fumio Kishida is making the political funding bill's passage his No. 1 priority for the current session of parliament.
JAPAN / Politics
Jun 6, 2024

LDP's political funding bill clears Lower House

The bill's passage marks a watershed moment in a monthslong debate sparked by a slush funds scandal that engulfed the ruling party.
Japanese household spending in April showed the first year-on-year increase since February last year, marking rises in such categories as education, rent and clothing.
BUSINESS / Economy
Jun 7, 2024

Japan’s households boost outlays for first time in 14 months

Real outlays rose 0.5% in April from a year ago, marking the first increase since February last year.
Postage rates for sealed letters and other documents are expected to be raised by 30% as early as October, the first rise in 30 years aside from when prices increased along with consumption tax hikes.
JAPAN
Jun 7, 2024

Postage rate hikes seen denting New Year's card tradition in Japan

The tradition of sending New Year's greetings on postcards began in 1873 with the introduction of postcards.
Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group will sell their Toyota shareholdings over an extended period of time lasting a few years, sources said.
BUSINESS / Companies
Jun 7, 2024

Two of Japan's top banks to divest ¥1.3 trillion in Toyota shareholdings

Mitsubishi UFJ and Sumitomo Mitsui will sell in stages and take advantage of Toyota’s plan to buy back its own shares.
The head of the Bank of Japan has ruled out using monetary policy to directly influence exchange-rate moves, but signaled the chance of raising rates if the weak yen pushes up inflation more than expected.
BUSINESS / Economy
Jun 7, 2024

Japan growth strategy panel calls for vigilance to weak yen impact

The call reflects the government's growing concerns about a weak yen.
A customer buys a ticket for ramen at a vending machine at Goumen Maruko ramen shop in Tokyo.
JAPAN / Society
Jun 8, 2024

Japan runs on vending machines. It’s about to break millions of them.

New yen notes set to be introduced this summer won't be compatible with many machines that businesses like ramen shops rely on.
The government plans to increase support for the export of anime, manga and other Japanese content while helping content creators expand overseas.
JAPAN
Jun 8, 2024

Japan to boost support for anime and manga exports

The government will draw up a strategy to boost the content industry and promote efforts under the strategy through public-private cooperation.
Tokyo has proved to be an attractive destination for Chinese entrepreneurs in recent times, away from the challenges hitting the economy at home.
BUSINESS
Jun 16, 2024

Chinese entrepreneurs bet on Japan

A Chinese-language MBA program has been catering to those seeking opportunities in Tokyo.
People walk in front of a BYD Auto company and Autotorino store in Milan on March 20.
BUSINESS / Tech
Jun 10, 2024

European nations compete for Chinese EV factories as EU weighs tariffs

Chinese EV makers want to set up in Europe to build their brands and save on shipping and potential tariffs.
Dutch runner Abdi Nageeye (center) wears a continuous glucose monitor on his upper left arm as he competes in the 2022 Rotterdam marathon in Rotterdam, the Netherlands, in April 2022.
OLYMPICS
Jun 11, 2024

Olympic athletes turn to diabetes tech in pursuit of medals

Continuous glucose monitors were developed for use by diabetes patients but their makers also spy opportunities in sports and wellness.
A health worker prepares a dose of the Covishield vaccine, co-developed by the University of Oxford and AstraZeneca, and manufactured by Serum Institute of India.
BUSINESS / Companies
Jun 11, 2024

World’s largest vaccine maker sees demand doubling in five years

Serum Institute of India plans to double its vaccine production to 3 billion doses annually over five years, expecting a surge in demand as global health budgets rise.
A South Korean soldier stands guard near a military facility where loudspeakers dismantled in 2018 used to be, near the Demilitarized Zone separating the two Koreas in Paju, South Korea, on Tuesday.
ASIA PACIFIC
Jun 11, 2024

South Korea fires warning shots after North Korea soldiers briefly cross border

The Sunday incursion took place in an overgrown area of the Demilitarized Zone, the heavily fortified border area, and was likely accidental.
Man falls to his death from Osaka condo, killing cyclist below
Osaka's Kita Ward. Two men died Monday morning in the ward after a man fell from a high-rise condominium and struck a passing cyclist below, according to local police.
Random stabbing cases in Japan raise fears: Could the next victim be me?
Police officers stand guard on May 7 outside Todaimae Station in Tokyo's Bunkyo Ward after a random stabbing that injured a University of Tokyo student.
Agriculture minister Taku Eto submits resignation following rice gaffe
Agriculture minister Taku Eto (left), who resigned on Wednesday, and former Environment Minister Shinjiro Koizumi
Japan confirms hard-line position ahead of possible tariff talks in Washington
Ryosei Akazawa, Japan’s chief tariff negotiator, at a news conference on Tuesday. He said that when Japan states it wants the tariffs reviewed, it means Tokyo wants them removed.
Amid rice shortage, farm minister comes under fire for saying he gets plenty
Agriculture minister Taku Eto has come under fire for saying at the weekend that he receives so much rice from his supporters that he has enough to sell it.
Nissan’s troubles might go all the way back to Ghosn 
A lot at a Nissan plant in Mexico. The company may have overextended itself during the Ghosn era.
Random stabbing cases in Japan raise fears: Could the next victim be me?
Police officers stand guard on May 7 outside Todaimae Station in Tokyo's Bunkyo Ward after a random stabbing that injured a University of Tokyo student.
The race for more time: Japanese runner decided to freeze eggs for her future
Tomomi Bitoh, seen crossing the finish line in Antarctica, on the first stop of the World Marathon Challenge, is one of the very few Japanese athletes to speak publicly about her experience with egg freezing.
Agnes b. Japan CEO hopes to evolve the brand with focus on sustainability
Laurent Patouillet, the CEO and president of Agnes b. Japan, says the focus of its business is to remain independent, and evolve and adapt.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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
By Alex K.T. Martin

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Smile! It’s ‘Sanrio Time,’ now and ever after

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