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Residents who sought to stop the restart of the No. 2 reactor of the Shimane nuclear power plant hold up signs saying "The judiciary abandoned residents" and "Our voices did not reach it" on Wednesday in Matsue, Shimane Prefecture, after a court dismissed their petition.
JAPAN
May 15, 2024

Court rejects petition to halt Shimane nuclear reactor

The court also dismissed residents' claim that evacuation plans for the 820,000-kilowatt unit in the prefectural capital of Matsue were inadequate.
Tourists and locals stroll along Tokyo's Ginza shopping district where some roads are closed off for pedestrians due to the national holiday on April 29.
BUSINESS / Companies
May 15, 2024

Fortress’s Japan hotel unit doubles pay to fight labor shortage

MyStays Hotel Management is offering monthly salaries of ¥500,000 ($3,210) for new hires into its fast-track program.
Taiwan’s experience offers valuable lessons for China, the most important being the “financialization of innovation,” whereby technology investment is funded by risk capital from the stock market rather than by the risk-adverse banking system.
COMMENTARY / World
May 15, 2024

China should emulate Taiwan’s tech policies

A small island with few natural resources, Taiwan punches well above its weight. From 1980-2008, its annual real GDP averaged 6.8%.
Strong sales of Prius hybrids are delivering a cash boost for Toyota to invest in fully-electric cars.
BUSINESS / Companies
May 16, 2024

Hybrids delivering cash chest for Toyota and Honda’s EV ambitions

With the shift to battery-electric vehicles clearly taking much longer than anticipated, consumers are voting for hybrids with their wallets.
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
JAPAN / Crime & Legal
May 16, 2024

Japanese billionaire sues Meta over investment scams using his image

Yusaku Maezawa is suing Meta for its negligence in regulating the use of his name and image in investment scams on its social media platforms.
Nippon Steel, Japan’s top steelmaker, is sending Vice Chairman and Executive Vice President Takahiro Mori to Pittsburgh next week where he’ll meet with local staff and elected officials.
BUSINESS / Companies
May 18, 2024

Nippon Steel boosts efforts to woo U.S. Steel workers and politicians

Japan’s top steelmaker is sending Vice Chairman and Executive Vice President Takahiro Mori to Pittsburgh, where he’ll meet with local staff and elected officials.
Paper producers Hokuetsu and Daio Paper are forging a strategic business tie-up to survive.
BUSINESS / Companies
May 19, 2024

Hokuetsu and Daio Paper opt to forge tie-up

With shareholders skeptical, the former rivals must prove it will be a mutually beneficial partnership.
Rapidus' semiconductor foundry construction site in Chitose, Hokkaido, in December
BUSINESS
May 19, 2024

Government to consider more aid to Rapidus, industry minister says

Rapidus plans to start operating a prototype production line at the Chitose plant in April 2025 and launch mass production in 2027.
Crude oil tanker NS Creation, owned by Russia's leading tanker group Sovcomflot, transits the Bosphorus shipping strait in Istanbul in May 2022.
WORLD / Politics
May 20, 2024

Virtually every sanctioned Russian oil tanker is idle and empty

Since October, 40 ships involved in Russia’s oil trade have been added to the Treasury’s list of designated entities.
Toyota Land Cruisers bound for shipment at Yokohama port
JAPAN / Crime & Legal
May 21, 2024

Surge in luxury car thefts in Japan spurs call for preventative measures

Stolen vehicles are often illegally exported, leading authorities to call for increased vigilance.
Health officials are increasingly on guard for cases of H5N1, a bird virus that’s known to jump between species and can sometimes cause severe cases in people.
WORLD / Science & Health
May 23, 2024

Second U.S. human bird flu infection reported in Michigan

A farmworker in the state experienced mild symptoms in the eye after coming into contact with an infected cow and has since recovered.
Service prices, a key component of Japan’s inflation data, may be sturdier than in the past.
BUSINESS / Economy
May 23, 2024

Steady and widening service price rises may spur BOJ’s next move

Service prices, a key component of Japan’s inflation data, may be sturdier than in the past.
Microsoft Vice Chair and President Brad Smith delivers a speech at the French Microsoft headquarters in Issy-les-Moulineaux, outside Paris, on May 13.
BUSINESS / Companies
May 23, 2024

Microsoft’s UAE deal could move U.S. chips and AI technology abroad

The sales accord could progress to a second phase that entails the export of crucial components of AI technology such as model weights, Microsoft's president said.
Many drugmakers that have entered the generic drug market are producing a wide range of medicine in small quantities, resulting in an inefficient system, the health ministry panel noted.
JAPAN / Science & Health
May 23, 2024

Health ministry panel urges consolidation in Japan's drug sector

In an effort to tackle an ongoing shortage of generic drugs, a health ministry panel says smaller drugmakers should merge with bigger companies.
Takashi Miike (front left) is among the big-name directors slated to work with K2 Pictures, a new film production startup that aims to disrupt the Japanese film industry.
CULTURE / Film / Wide Angle
May 25, 2024

Can K2's goal of creating a better film industry in Japan win over skeptics?

While established auteurs such as Takashi Miike, Miwa Nishikawa and Hirokazu Kore-eda are slated to work with the startup, it still faces an uphill struggle.
Richard Grenell speaks at a Donald Trump rally in Florence, Arizona, on Jan. 15, 2022.  Grenell has a good chance of landing a top foreign policy job in a second Trump administration — if not as secretary of state, which requires Senate confirmation, then perhaps as national security adviser, which does not.
WORLD / Politics
May 26, 2024

He threw ‘spaghetti at the wall’ for Trump. Now he’s after a top job.

If Donald Trump wins the U.S. presidency, Richard Grenell hopes to be secretary of state. But his work raises questions, even from his former boss.
Toyota, Idemitsu Kosan, Eneos and Mitsubishi Heavy Industries said they have teamed up to research carbon-neutral fuels for automobiles.
BUSINESS
May 28, 2024

Toyota and partners launch joint study on carbon-neutral fuels

Toyota will also independently develop engines that can use e-fuels efficiently
Transmission towers in Vinh Trach Dong Commune, Bac Lieu Province, Vietnam, on April 26. Southeast Asia’s relatively low production cost and strong position in the global semiconductor value chain is adding to the region’s appeal as the next hub for data centers.
BUSINESS / Tech
May 28, 2024

AI frenzy draws stock traders to Southeast Asia’s likely winners

Power producers are becoming a favorite as more data centers are set up in the region, thanks to lower energy and land costs, according to analysts.
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.
Entrepreneur Lee Hee-tae at his office in Seoul. Lee had planned South Korea's largest sex festival in April, but the two-day event was banned by authorities following a backlash by local rights groups.
ASIA PACIFIC / Society
May 30, 2024

Pervert or pioneer? The entrepreneur trying to get South Korea into porn

The South Korean adult content industry produces around 2,000 adult movies a year, compared with Tokyo's 2,000 a day $36.5-billion-dollar behemoth.
Nissan CEO Makoto Uchida said that the automaker will continue to communicate with its suppliers to see whether unfair practices persist and set up a new team directly under him to accelerate reforms on its relations with its subcontractors.
BUSINESS / Companies
Jun 1, 2024

Nissan challenges TV Tokyo report on subcontractors

The automaker denied allegations that it continued to pressure its suppliers into slashing prices even after receiving a warning from the fair trade regulator.
DMM Bitcoin said it would replace customers' lost bitcoin deposits with the help of other group companies.
BUSINESS / Tech
Jun 1, 2024

Japan's DMM Bitcoin says over ¥48 billion of cryptocurrency lost

It gave no details of how the incident occurred or whether an outside party had been involved, but said that it was investigating.
In addition to the supply shortages, the yen's depreciation is also blamed for the recent surge in orange juice prices in Japan, which relies almost entirely on imported orange juice.
BUSINESS / Companies
Jun 2, 2024

Orange juice crisis hits consumers in Japan

Supply shortages have forced many Japanese makers to suspend sales of orange juice products.
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.
In a boon to Saudi Arabia's government, which is seeking to fund a massive economic transformation plan, Saudi Aramco’s $12 billion share sale sold out shortly after the deal opened on Sunday.
BUSINESS / Markets
Jun 3, 2024

Saudi Aramco’s $12 billion stock offer sells out in hours

The extent of foreign participation will be closely watched as an indicator of interest in Saudi Arabia's assets.
BUSINESS / Companies
Jun 3, 2024

KKR weighs entering private credit in Japan to challenge banks

In Japan, most direct lending has been done overseas, and the domestic loan market is dominated by major banks.
People walk with their luggage after a rainstorm hit Dubai, UAE, causing delays at Dubai International Airport on April 17.
BUSINESS / Tech
Jun 3, 2024

Airlines eye 'new frontier' of AI ahead of global summit

Aviation companies, long accustomed to thin profit margins, see AI as the newest way to boost productivity and gain a competitive edge.
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.
Brexit architect Nigel Farage said he'll stand as a candidate for Reform U.K. in Britain’s general election on July 4, an about-turn that threatens to destabilize the campaign for Prime Minister Rishi Sunak’s governing Conservatives.
WORLD / Politics
Jun 4, 2024

Nigel Farage barrels into U.K. campaign in gut punch to Conservatives

With trademark chutzpah, Farage convened what he called an "emergency” press conference to tell reporters that he would, in fact, be standing as a candidate.
"Paris" is projected onto the Arc de Triomphe to celebrate the entry into the Olympic year, during the New Year's celebrations on the Champs Elysees avenue in Paris on Jan. 1, 2024.
WORLD / Politics
Jun 4, 2024

Russian bots use fake Tom Cruise for Olympic disinformation

The video also included falsified endorsements from media outlets including The New York Times and the BBC.

Longform

Koichi Tagawa’s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person