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May 15, 2025
 

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It’s hard to talk about space-based solar — that is, transmitting the energy — without conjuring images of a death ray. But the team at the California Institute of Technology says the power density of the beam would be comparable to the power density of sunlight.
ENVIRONMENT / Earth science
Oct 27, 2023

Beam solar energy from space? These scientists say yes

The hurdles that have grounded space-based solar in the past aren’t merely technical, they’re also financial.
Samuel Bankman-Fried, founder and CEO of FTX, testifies during a Senate Committee on Agriculture, Nutrition and Forestry hearing on Capitol Hill in Washington in February 2022.
BUSINESS / Companies
Oct 28, 2023

FTX founder admits 'mistakes' but testifies he didn't defraud anyone

FTX founder Sam Bankman-Fried insisted he did not steal billions of dollars from customers when the cryptocurrency exchange collapsed last year.
Former FTX chief Sam Bankman-Fried leaves court following a bail hearing ahead of his October fraud trial, in New York City on July 26. He was found guilty on all counts against him on Thursday.
BUSINESS
Nov 3, 2023

Sam Bankman-Fried found guilty on all counts at fraud trial

The panel reached its decision after five weeks of trial, and the former crypto tycoon now faces up to 110 years behind bars.
Former FTX chief executive Sam Bankman-Fried leaves Manhattan federal court in New York in January.
BUSINESS / FOCUS
Nov 4, 2023

Swift FTX case vindicates prosecution ‘need for speed’

ON Thursday, the jury took only a few hours to convict Sam Bankman-Fried of treating FTX as his personal piggy bank.
Wei Hsin-hsi and his wife pose for a picture outside their family’s temple that is located inside the proposed expansion area of an industrial park in the Longtan district of Taoyuan, in Taoyuan, Taiwan September 22, 2023. REUTERS/Carlos Garcia Rawlins
ASIA PACIFIC
Nov 8, 2023

Taiwan's land squeeze pits advanced chips against ancestral temples

If TSMC shifts more production outside Taiwan, it could weaken the backbone of Taiwan's economy.
Tokyo retained third behind London and New York in this year's Global Power City Index (GPCI) report.
JAPAN / Society
Nov 9, 2023

Tokyo remains third in global power index despite downturn

Among other Japan cities, Osaka ranked 37th while Fukuoka placed 42nd in the index.
Yoon Suk-yeol, then the 2022 presidential election candidate of South Korea's main opposition People Power Party, attends a news conference in Seoul in November 2021.
ASIA PACIFIC / Politics
Nov 10, 2023

President’s war against ‘fake news’ raises alarms in South Korea

Critics say South Korean President Yoon Suk-yeol is silencing journalists in the name of fighting disinformation.
The world’s carbon footprint is split into three roughly equal portions: China, all developed nations and the rest of the world.
COMMENTARY / World
Nov 10, 2023

How China’s downturn could save the world

The world’s carbon footprint is split into three roughly equal portions: China, all developed nations and the rest of the world.
The government aims to have 50% of new fathers take child care leave by 2025 and 85% by 2030.
JAPAN / Society
Nov 13, 2023

Japan panel proposes child care plan covering 100% of income

The 100% allowance would only be offered for up to 28 days, with the amount for any further leave being around 80% of income.
BUSINESS / ANALYSIS
Nov 14, 2023

How an executive's arrest struck a blow to Japan-China business

The arrest of a Japanese company executive in China has had what some Tokyo officials described as a considerable chilling effect on business.
JAPAN / Politics
Nov 15, 2023

Lawmakers submit proposal to revise law on Unification Church assets

A group of lawmakers has submitted proposals to amend existing laws governing religious organizations, aiming to prevent the outflow of church funds.
Republican presidential candidate and former U.S. President Donald Trump in Edinburg, Texas, on Sunday
WORLD / Politics
Nov 20, 2023

Not just Biden: 77-year-old Trump also under age scrutiny

Externally, it's unclear if Trump's gaffes indicate fatigue or decline.
JAPAN / Crime & Legal
Nov 24, 2023

Woman stabbed at music venue in Yokohama

The woman was taken to a hospital and is believed to be seriously injured.
Pedestrians along the Bund in Shanghai on Oct. 29. The Chinese government is pushing a narrative that the city will play an important role in reinvigorating the nation’s economy.
BUSINESS
Dec 1, 2023

Xi’s Shanghai visit sells city’s ‘innovation’ image

State media video footage using soaring music showed a stoic Xi making a visit to the Shanghai Futures Exchange and watching a robot demonstration.
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.
JAPAN / Politics
Dec 5, 2023

Bill for victims' relief in Unification Church case clears Lower House

The bill aims to prevent a religious organization's assets from being transferred overseas so that it can be set aside to provide relief.
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.
The Tokyo Stock Exchange. The volume of management buyouts in Japan has increased to the highest on record this year, jumping 170% from a year earlier to at least ¥870 billion.
BUSINESS
Dec 8, 2023

Surge in management buyouts gives extra boost to Japanese stocks

The volume of management buyouts has increased to the highest on record this year.
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.
Mitsubishi UFJ, Japan's largest banking group, bought 75% of AlbaCore last month to diversify its range of investment capabilities.
BUSINESS / Economy
Dec 12, 2023

MUFG's AlbaCore sees potential for alternative investments in Japan

Mitsubishi UFJ bought 75% of AlbaCore last month to diversify the range of investment capabilities.
U.S. President Joe Biden greets his Chinese counterpart, Xi Jinping, in Woodside, California, on Nov. 15 during the Asia-Pacific Economic Cooperation summit.
COMMENTARY / Japan
Dec 19, 2023

Thaw in U.S.-China ties driven by domestic issues

There were no breakthroughs in Biden-Xi summit. But since then, there has been a lowering of tension and a rare sense of stability in the relationship.
Japan's core machinery orders climbed for a second straight month in October.
BUSINESS / Economy
Dec 14, 2023

Japan's October machinery orders rise despite economic uncertainty

By sector, orders from manufacturers climbed 0.2% in October from the previous month, bouncing back from a 1.8% decline in September.
A law requires the Pentagon to inform Congress and extensively justify any program when costs exceed the original estimate by 15%, 25% or as much as 50% depending on the categories measured.
BUSINESS / Companies
Dec 15, 2023

New U.S. ballistic missile costs risk project termination

A U.S. Air Force review will take about 45 days before a determination is made as to whether the ICBM program exceeds congressional cost thresholds.
COMMENTARY / Japan
Dec 15, 2023

Why should any city want to host a world expo?

The projected budget for the 2025 Osaka Expo has nearly doubled and netizens and opposition politicians are calling for a cancellation.
An office of Tokio Marine & Nichido Fire Insurance in Tokyo in 2016.
BUSINESS / Companies
Dec 19, 2023

FTC inspects nonlife insurers over alleged joint contract cartel

The on-site probes follow reports the firms prearranged premiums for joint insurance contracts with corporate and public entities.
A drugstore in Tokyo in October
BUSINESS
Dec 23, 2023

Fund that got in before Buffett now likes Japan drugstores

A top fund manager says there’s opportunity to profit from consolidation in the sector.
People walk in the Zhujiang New Town area of Guangzhou.
ASIA PACIFIC
Dec 29, 2023

China’s richest provinces promise to take lead in driving growth

Almost all 31 mainland provinces held meetings to discuss next year’s priorities after the Central Economic Work Conference in Beijing this month.
Vishnu Dabad, a Gau Rakshak, or cow protector, and a politician with the regional political party Jannayak Janta Party (JJP), in Chamdhera village, Haryana, India.
ASIA PACIFIC / Politics
Dec 29, 2023

India's far-right cow vigilantes mobilize before high-stakes elections

Some say cow vigilantism has become a way for young men to use popularity built through taking on alleged cattle smugglers to catapult into politics.
Republicans have been extraordinarily successful in shaping the electoral battlefield to their advantage and depicting U.S. President Joe Biden as too old.
COMMENTARY / The Year Ahead
Dec 30, 2023

American anxiety builds ahead of 2024 vote

The outcome of next year's election may hinge on the economic outlook, which in turn will partly depend on how the Middle East conflict evolves.
Among the issues that defined 2023 were the U.S. economy's "soft landing," the war in Ukraine, Hamas's terrorist attack and explosive advances in AI.
COMMENTARY / World
Dec 29, 2023

The most important developments of 2023

The year reminds us that the world is in desperate need of new leaders who are both competent and inspiring.
Transport ministry issues warning to Haneda Airport operator
The operator of Tokyo's Haneda Airport has been warned by the government over its inappropriate transactions.
Success of Chinese-made fighter jets against India raises alarm in Asia
Chinese J-10 fighter jets from the People's Liberation Army Air Force August 1st Aerobatics Team perform during a media demonstration at the Korat Royal Thai Air Force Base, Nakhon Ratchasima province, Thailand, in November 2015.
One month on, Osaka Expo urged to boost heat and crowd control measures
A gate to the Osaka Expo site is crowded with visitors on Monday.
Xi defiance pays off as Trump meets most China trade demands
Then-Chinese Vice President Xi Jinping visits a school in South Gate, California, in February 2012. Experts say Xi won big in his standoff with U.S. President Donald Trump.
Consumption tax set to dominate Upper House election debate
Prime Minister Shigeru Ishiba enters his office in Tokyo on Tuesday.
Sculpted waves, sleek updos: Showa hairstyles are back in fashion
The larger-than-life hairstyles of Japan's Showa Era are unmistakable — and they're making a comeback.
Consumption tax set to dominate Upper House election debate
Prime Minister Shigeru Ishiba enters his office in Tokyo on Tuesday.
Japan should produce its own AI defense solutions, Sakana AI CEO says
Sakana AI CEO David Ha speaks at a news conference in Tokyo on Tuesday.
Nissan gets ‘wake-up call’ with $4.5 billion annual net loss
Nissan CEO Ivan Espinosa in Tokyo as the company releases its results
Japan set for bigger role in Philippines after SDF’s debut in key drills
Philippine Army Brig. Gen. Michael Logico, who was involved in managing the latest iteration of the Balikatan U.S.-Philippine drills, told The Japan Times that he expects military ties with Japan to surge even further once Tokyo ratifies a key visiting-forces agreement with Manila.

Podcast

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

Longform

Japan's growing ranks of centenarians are redefining what it means to live in a super-aging society.
What comes after 100?
By Tomoko Otake

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