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Japan Times
WORLD / Politics
Jul 16, 2022

Biden fist-bumps Saudi crown prince, then raises attacks on dissidents

On a trip to reset relations after the 2018 killing of Jamal Khashoggi, the U.S. president said MbS had denied involvement in the murder and said he had held those responsible to account.
Japan Times
BUSINESS / Companies
Jul 15, 2022

Uniqlo owner Fast Retailing sees record profit on weak yen and sales boom

The weaker currency, which just hit a fresh 24-year low against the dollar, is boosting the income the company brings back home.
Japan Times
BUSINESS / ANALYSIS
Jul 14, 2022

The euro is at parity with the dollar. Its fate is now with energy markets.

The single currency has teetered on the brink of parity versus the greenback for days, finally breaching that level on Wednesday.
Japan Times
ASIA PACIFIC / Politics
Jul 5, 2022

Vatican envoy in Hong Kong warns Catholic missions to prepare for China crackdown

The Vatican's unofficial representative in Hong Kong delivered a stark message before finishing his six-year posting in March: The freedoms they had enjoyed for decades were over.
Japan Times
ASIA PACIFIC
Jul 2, 2022

Labeled a ‘challenge’ by NATO, China signals its own hard-line worldview

The alliance's forceful declaration in its mission statement reinforced Beijing's belief that hostile powers are bent on hobbling the country's ascent.
Japan Times
BUSINESS / Economy / FOCUS
Jun 30, 2022

BOJ's public relations crisis forces rethink on inflation message

Public anger has been particularly strident, with tabloids and television programs criticizing 77-year-old BOJ Gov. Haruhiko Kuroda as someone earning a fat salary and being out of touch.
Japan Times
ASIA PACIFIC / FOCUS
Jun 29, 2022

Hong Kong's future uncertain as consequences of Xi's tightening grip take hold

As the city loses its edge, many among its political and business elite who supported Beijing's crackdown are now looking to see how far they can veer from its rigid policies.
Japan Times
BUSINESS / Economy
Jun 7, 2022

Japan's household spending falls as rising costs squeeze consumers

Spending improved from the previous month as households showed increasing appetite for services such as eating out, but the month-on-month rise was smaller than expected.
Japan Times
BUSINESS / Companies
Jun 2, 2022

Toshiba reveals buyout and alliance offers ahead of key shareholder meeting

The conglomerate's nuclear business, which is deemed important to Japan's national security, is seen as a major obstacle to any move to make Toshiba privately owned.
BUSINESS
Jun 1, 2022

Kishida touts 'grand design' for capitalism reform at policy launch

Kishida said the country needs to focus on new areas of growth as a panel laid out proposals for his 'new form of capitalism” aimed at reducing social disparities and driving the economy.
BUSINESS
May 27, 2022

Helped by weak yen, Japan remains top creditor nation with record net external assets

A weak yen — it lost about 11% against the dollar last year — boosted the value of foreign assets held by the Japanese government, businesses and individuals.
Signs of a decline in hedging demand suggest that local investors are less concerned the yen will rebound sharply.
BUSINESS / Economy
Mar 26, 2024

Lower hedging costs reveal Japan investors' confidence in weak yen bets

Three-month yen basis swaps, which indicate decreasing demand for hedging the more they rise, closed last week at their highest level since January 2022.
Boeing CEO Dave Calhoun
BUSINESS / Companies
Mar 26, 2024

Will Boeing leadership shake-up redeem plane-maker with airlines and fliers?

The embattled manufacturer has announced one of the most dramatic overhauls in its century-long history, with three top executives set to depart.
General Secretary and Chinese President Xi Jinping arrives for a news event with members of the new Standing Committee of the Political Bureau of the Communist Party of China and Chinese and Foreign journalists at The Great Hall of People in October 2022 in Beijing.
BUSINESS / Economy
Mar 27, 2024

Xi meets with U.S. CEOs in push to restore confidence in China’s economy

Whipsawing tensions with Washington, a shaky economic recovery and raids on consulting firms have damped investor enthusiasm.
Geert Wilders, leader of the Dutch Freedom Party (PVV), speaks at an election night party in The Hague, Netherlands, on Nov. 22, 2023. The resounding victory of far-right ideologue illustrates the shift in public opinion in the Netherlands since 2022.
BUSINESS / Companies
Mar 27, 2024

Populism is scaring away big businesses in the Netherlands

Among the various firms uneasy with the current state of affairs in the Netherlands, tech companies are the most influential.
Residential skyscraper buildings beyond luxury villas on the waterfront of the Palm Jumeirah in Dubai
BUSINESS
Mar 28, 2024

Dubai’s glitz dims for Russians on costs and U.S. sanction pressures

Two years ago, Dubai became a hot favorite with Russians looking to park money or build new lives after Russia’s invasion of Ukraine.
Max Lange, 19, a plant mechatronics engineering trainee from Oederan, stands next to a solar panel rolling off the assembly line as part of the last production of solar modules at the Meyer Burger Technology AG plant, due to an announced closure of the plant, in Freiberg, Germany, on March 12.
BUSINESS / Economy
Apr 16, 2024

Lacking support in battle with China, European solar firms head to U.S.

This week the European Commission has launched a voluntary charter for governments and companies to sign in support of solar manufacturing plants.
More than half of respondents in a recent survey say they would continue to buy a product at the same supermarket even if prices rose by 10%.
BUSINESS / Economy
Apr 22, 2024

Higher price tolerance among Japan's shoppers supports further BOJ rate hikes

A recent survey by an inflation expert showed that more than half of respondents would keep buying a supermarket product even if prices rose by 10%.
With U.S. protectionism hindering Chinese electric vehicle makers' overseas expansions, Japanese giants like Honda are poised to capitalize.
COMMENTARY / Japan
Apr 24, 2024

Japan is poised to fill an EV gap left by China

A new Honda facility in Canada shows that Asia’s auto industry is ready to meet North American needs.
Canadian singer Avril Lavigne attends the opening ceremony of Gap Flagship Ginza in Tokyo in 2011, three years before releasing her music video for the Japan-inspired track “Hello Kitty.”
CULTURE / Music / Sound Off
Apr 26, 2024

Avril Lavigne walked so today's influencer tourists could Mario Kart

Ten years ago, the pop star’s ‘Hello Kitty’ video drew outrage from the West, but she wouldn’t be the last visitor to use Tokyo as a backdrop for content.
Russian President Vladimir Putin speaks during a meeting in St. Petersburg on Friday.
WORLD / Politics
Apr 28, 2024

Putin’s war will soon reach Russians’ tax bills

The move reflects both the burgeoning costs of his war in Ukraine and the firm control he has over the Russian elite.
Traders edged back from record bets on yen weakness this past week, in a period that included a likely bout of intervention by Japan to prop up the currency.
BUSINESS / Markets
May 4, 2024

Traders spooked by intervention risk trim record yen shorts

Traders edged back from record bets on yen weakness this past week, in a period that included a likely bout of intervention by Japan.
Presidential candidate Jose Raul Mulino (left) poses with ex-President Ricardo Martinelli during the general election, in Panama City in this photo released Sunday. Mulino was named the winner of Sunday's presidential election.
WORLD / Politics
May 6, 2024

Ex-minister Jose Raul Mulino wins Panama presidential race

Jose Raul Mulino, the protege of a graft-convicted former head of state, was declared Panama's president-elect after elections Sunday.
Cars pass Chinese flags on a highway ahead of Chinese leader Xi Jinping's visit in Belgrade, Serbia, on Sunday.
ASIA PACIFIC / Politics / FOCUS
May 6, 2024

China’s billions help Xi make useful friends in Eastern Europe

China's ties with Serbia and Hungary highlight how it's helping transform a corner of Europe when much of the continent views Beijing as a strategic rival.
Ryo Wakabayashi, a distal myopathy patient, lives alone in the city of Fukushima.
JAPAN / Science & Health / Regional Voices: Tohoku
May 20, 2024

Persistence pays off with approval of distal myopathy drug

The disease is estimated to affect only 300 to 400 people in Japan.
SoftBank is regaining its footing just as founder Masayoshi Son readies sizable investments in artificial intelligence and semiconductors.
BUSINESS / Companies
May 13, 2024

SoftBank to get more aggressive on AI after profit and asset sales

The company earned a better-than-expected net income in the March quarter, helped by investment gains.
Russian President Vladimir Putin is greeted by Chinese leader Xi Jinping before the opening ceremony at the Expo Center at the fourth Conference on Interaction and Confidence Building Measures in Asia summit in Shanghai in May 2014.
ASIA PACIFIC / Politics / FOCUS
May 15, 2024

Putin to visit Xi amid U.S. threat of China sanctions over Ukraine

The two sides are set to discuss ways to challenge the U.S.-led global order while bolstering Moscow’s economic resilience amid its war in Ukraine.
Gloomy economic conditions, especially weak consumption, raise questions over whether the Bank of Japan will be able to take further steps toward policy normalization.
BUSINESS / Economy
May 15, 2024

Japan GDP data expected to show contraction for first quarter

The preliminary data is expected to show that spending by consumers and companies fell, while net exports dragged on growth for the first time in a year.
Shipping containers at Pier J at the Port of Long Beach wait for processing in Long Beach, California, in 2018.
BUSINESS / Markets
May 16, 2024

U.S. efforts to reshape global supply chains gathers pace in Asia

Investment flows are shifting along with trade, with global firms investing in Southeast Asia to avoid U.S. tariffs on China.
The rate of the U.S. dollar against the yen is displayed on an electronic stock board outside a securities firm in Tokyo earlier this month.
BUSINESS / Companies
May 17, 2024

Majority of Japanese firms say weak yen hurts profits: survey

About half of surveyed companies said a yen trading around ¥110 to ¥120 to the dollar would be appropriate.

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