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May 15, 2025
 

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Gamers of a certain age immediately recoil in pain when the name "Aerith" is mentioned — this is why the character's death still means so much today.
LIFE / Digital
Feb 29, 2024

With one death, Final Fantasy VII changed the game

With one shocking act, Final Fantasy VII rethought the social contract of games where players are largely free from consequences.
The Olympic Village for the Paris Games will also feature large air purifiers outside some of the accommodations.
OLYMPICS
Feb 29, 2024

Organizers deliver Olympic Village on time as confidence grows in Paris

Roughly 40 low-rise tower blocks will house around 14,000 people over the course of the Olympics
Chinese President Xi Jinping has upended Communist Party norms since consolidating power and installing a coterie of loyalists in 2022, marking a shift from the more collective decision-making that helped propel China’s economic rise.
ASIA PACIFIC / Politics
Mar 1, 2024

Xi’s one-man rule over China’s economy is spurring unrest

While the Chinese leader attempts to put the China's economy on a more sustainable footing, he is failing to convince the nation that's a good idea.
Japan's benchmark 225-issue Nikkei average surpassed the 40,000 mark for the first time on Monday.
BUSINESS / Markets
Mar 4, 2024

Japan's Nikkei index surpasses 40,000 points for first time

The Nikkei’s smashing of previous records is credited in part to the weakness of the yen against the dollar.
Chinese Premier Li Qiang speaks during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, in January.
ASIA PACIFIC / Politics
Mar 4, 2024

China scraps premier's briefing, breaking years of convention

The decision removes a rare platform for investors to learn more about the nation’s policy direction under President Xi Jinping.
Broad indications are growing that Chinese President Xi Jinping is shifting away from four decades of market-oriented reforms and financial innovation. The most powerful Chinese leader since Mao Zedong has emphasized the Communist Party’s "centralized and unified leadership” of the sector, and pledged to build "a modern financial system with Chinese characteristics” that’s completely different from the West.
BUSINESS / Companies
Mar 5, 2024

China's bankers exit industry amid crackdown on ‘hedonistic’ lifestyles

Finance workers in China are rethinking their career as Chinese President Xi Jinping signals a shift away from market-oriented reform and innovation.
Under the watch of Chinese President Xi Jinping, China has expanded state control of strategically critical areas from semiconductor manufacturing to quantum computing.
BUSINESS / Tech
Mar 5, 2024

China vows to mobilize nation as it fights U.S. for tech supremacy

The central government will increase spending on scientific and technology research by 10% in 2024.
Chinese President Xi Jinping and Premier Li Qiang chat at the end of the opening session of the National People's Congress at the Great Hall of the People in Beijing on Tuesday.
BUSINESS / Economy
Mar 5, 2024

China sets robust economic growth goal but no big bang stimulus

Premier Li Qiang targets growth of about 5% this year but signals continued reluctance to use deficit spending for economic stimulus.
Tokyo headquarters of the Family Federation for World Peace and Unification, more commonly known as the Unification Church
JAPAN / Crime & Legal
Mar 6, 2024

Japan panel OKs putting Unification Church under increased scrutiny

Once an organization is designated, it will be obliged to notify authorities of any disposal of its real estate assets at least one month in advance.
Investors will be heaping ever more scrutiny on Japanese assets, with negative rates potentially relegated to history.
BUSINESS / Markets
Mar 15, 2024

BlackRock and Man Group reveal big Japan bets before BOJ decision

Snap up more Japanese stocks and keep buying the yen — these are some of the most popular calls from big-name money managers.
Former FTX chief Sam Bankman-Fried leaves Manhattan federal court in New York on Jan. 3.
BUSINESS
Mar 16, 2024

Sam Bankman-Fried should get up to 50 years in prison, U.S. says

A sentence of 40 to 50 years is necessary for the "historic” crime involving more than 1 million victims and losses of over $10 billion, prosecutors say.
Bank of Japan Gov. Kazuo Ueda attends a news conference after a policy meeting at the bank's headquarters in Tokyo on Tuesday.
BUSINESS
Mar 19, 2024

BOJ introduces first rate hike in 17 years following pay gains

The negative rates policy, the last one in the world, had been a symbol of the Bank of Japan's ultraloose monetary stimulus lasting over a decade.
High-end tourism is becoming more about the kinds of experiences that Japan's lesser-known places can provide.
LIFE / Travel / Longform
Mar 25, 2024

Can Japan lure the jet-set class off the beaten path?

High-end travelers are looking for sustainability, wellness and adventure when they head abroad. Japan hopes to deliver in places other than Tokyo.
An electronic stock board in Tokyo on Thursday. Signs that deflation has ended are driving investors to bet ever more on Japan’s economic growth.
BUSINESS / Markets
Mar 23, 2024

Japan’s stock boom gets broader support than just exporters

Signs that deflation has ended are driving investors to bet ever more on Japan’s economic growth.
International bankers in Tokyo say their compensation remain a fraction of pay in other financial hubs despite booming markets in Japan.
BUSINESS / Companies
Mar 26, 2024

Bonuses at Japan's global banks underwhelm despite booming markets

Bonuses at international investment banks fell by about 10% on average in Tokyo for 2023, bankers and recruiters have said.
Jim Rauh, founder of Families Against Fentanyl, holds a photograph of his son Thomas in Akron, Ohio, on March 4. How Trump and Biden address a lethal chapter of the U.S. drug-overdose epidemic will be pivotal in swing states that are likely to decide the election.
WORLD / Politics
Mar 27, 2024

270,000 overdose deaths thrust fentanyl into heart of U.S. presidential race

More than 4 in 10 Americans personally know someone who has died from a drug overdose.
FTX co-founder Sam Bankman-Fried attends his sentencing hearing at Federal Court in New York on Thursday in this courtroom sketch.
BUSINESS
Mar 29, 2024

Sam Bankman-Fried sentenced to 25 years over FTX collapse

While there is no parole in the federal system, Bankman-Fried could be released a few years early for good behavior.
Migrant workers from Tajikistan in an apartment shared by 18 people in Moscow in May 2020. The main suspects in the deadly assault are from Tajikistan. Now many other Tajiks, who fill jobs in Russia’s wartime economy, are being deported and harassed.
WORLD / Politics
Apr 6, 2024

In Moscow attack, a handful of suspects but 1 million Tajiks under suspicion

Many Tajiks who fill jobs in Russia’s wartime economy are being deported and harassed.
Bank of Japan Gov. Kazuo Ueda listens to a question during a news conference after a two-day monetary policy meeting at the central bank's headquarters in Tokyo on March 19.
BUSINESS / Economy / FOCUS
Apr 8, 2024

Ueda's first year as BOJ chief marked by smooth handling of policy shift

But the central bank governor now has to balance various factors, including how further rate hikes might affect not just the yen but also households.
U.S. President Joe Biden during a joint news conference with Prime Minister Fumio Kishida (not pictured) in the Rose Garden at the White House in Washington on Wednesday.
BUSINESS / Economy / FOCUS
Apr 13, 2024

It's inflation, stupid: Biden faces renewed election threat

The cost of living is rising more quickly again, just when he thought he had put the issue behind him to get a clear run at November's vote.
Shoppers at the Dadar market in Mumbai, India. Indian equities now trade at around 23 times next year’s expected earnings, exceeding even the U.S.
BUSINESS / Markets
Apr 16, 2024

‘Expensive’ India lures investors avoiding China risks

Powerful rallies in Indian and Japanese equities during China’s slump have reset Asia’s financial-market landscape.
Dai-ichi Life Holdings has begun to include more alternative investments in its ¥33.9 trillion portfolio, and is also looking at increasing mergers and acquisitions.
BUSINESS
Apr 18, 2024

Shifting market spurs Dai-ichi to adjust ¥33.9 trillion portfolio

The firm is cutting its holdings of domestic equities, which are surging, to avoid too much exposure to the asset class.
Pressure from the Tokyo Stock Exchange has amplified the voices of fund managers calling for listed companies to increase their valuations.
BUSINESS / Companies
Apr 18, 2024

Improved corporate governance in Japan is paying off, Amundi says

Some of the top holdings of Amundi’s Japan target strategy include Toppan Holdings, Ricoh, Shizuoka Financial Group, Kyoto Financial Group and TS Tech.
Buyers inside an exhibition hall at the Canton Fair in Guangzhou on April 17.
BUSINESS / Companies
Apr 24, 2024

China’s prices are just too low for buyers to sweat about tariffs

Many buyers at China’s biggest trade event in the southern city of Guangzhou shrugged off the risk of an escalating trade war with the U.S.
Currency rates at an exchange shop in Tokyo on Friday.
BUSINESS
Apr 26, 2024

Yen swoons in jittery trading in wake of BOJ standing pat

The yen’s extended slump has heightened speculation that authorities may intervene in the market.
A monitor shows the yen's sharp decline to ¥158 to the dollar on Saturday morning in Tokyo.
BUSINESS / Markets
Apr 27, 2024

Yen drops beyond ¥157 per dollar as BOJ keeps key rate unchanged

Japan’s currency weakened as much as 1.4% on the day and touched a session low of ¥157.79 per dollar in afternoon trading in New York.
Solar panels on Dave Duttlinger's farmland that he leased to Dunns Bridge Solar in Wheatfield, Indiana
ENVIRONMENT / Energy
Apr 27, 2024

As solar capacity grows, some of America's most productive farmland is at risk

The solar industry is pushing into the U.S. Midwest, drawn by cheaper land rents and wide-open fields.
A vacant house in Tokyo is seen demolished in January 2020.
JAPAN
May 1, 2024

Number of vacant homes in Japan hits record high of 9 million

The preliminary figure jumped by 510,000 from 2018, when the previous survey was taken, and doubled from 4.48 million in 1993.
Nomura Holdings and Mizuho Bank are hit by more than $100 million of potential losses related to All Blue Capital, raising questions about their monitoring of high-risk investment funds.
BUSINESS / Companies
May 3, 2024

Nomura and Mizuho face losses after fund’s failed trades

The size of the potential losses raises questions about the risk-management practices at two of Japan’s largest banks.
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.
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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Smile! It’s ‘Sanrio Time,’ now and ever after
Smile! It’s ‘Sanrio Time,’ now and ever after

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