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May 15, 2025
 

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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.
Colin Croy's Japanese is still a work in progress, but he hasn't had much trouble communicating with local customers in Sapporo due to the mutual language of musical performance.
COMMUNITY / Our Lives / 20 QUESTIONS
Jun 10, 2024

Colin Croy: 'After I built my first pedal, I just kept making more and more'

A St. Louis transplant in Sapporo serves the Hokkaido capital's music scene with equipment repairs, upgrades and customizations.
A bank and two securities companies under Mitsubishi UFJ Financial Group could face punitive action for allegedly sharing customer information without consent, sources said.
BUSINESS / Companies
Jun 7, 2024

MUFG units could be penalized for sharing client information

MUFG Bank and the securities firms exchanged information related to clients’ mergers and acquisitions without their consent, sources say.
A notice put up in front of a near-finished condominium in the city of Kunitachi in Tokyo on Saturday, saying the complex will be demolished
JAPAN
Jun 12, 2024

Near-finished Japan condo blocking Mount Fuji to be razed

The company Sekisui House said in a statement late Tuesday it had "voluntarily decided to discontinue the project."
A photo supplied by a source shows Ryutaro Takarajima (right) talking with Seiha Sekine
JAPAN / Crime & Legal
Jun 14, 2024

Two men arrested over murder of Tokyo couple found in Tochigi

Seiha Sekine, the 32-year-old suspected ringleader, and Ryo Maeda, 36, were arrested by a joint Tokyo-Tochigi investigation team.
A facial recognition system at ticket gates has been introduced at the Yamaman Yukarigaoka Line in Sakura, Chiba Prefecture.
JAPAN
Jun 16, 2024

Facial recognition for train passengers in use in Chiba Prefecture

A boarding system using a facial recognition technology was introduced at the Yamaman Yukarigaoka Line.
Uncompleted residential buildings in Shenyang, China. The Chinese government is trying to support the real estate sector as a property crisis and other economic ailments drag on.
COMMENTARY / World / Geoeconomic Briefing
Jun 27, 2024

What will it take for China to regain market confidence?

Xi came to power promising high-quality development instead of growth at all costs. But first, his government must tackle structural problems embedded in China's economy.
Manami Takarajima (left) at the Osaki Police Station in Tokyo's Shinagawa Ward on Thursday following her arrest
JAPAN / Crime & Legal
Jun 28, 2024

Daughter arrested over alleged involvement in killing her parents

The 31-year-old is the seventh person to be arrested over the murders.
Tsuyoshi Maruki, president of Strategic Capital, speaks online on Thursday after three of six candidates proposed by the firm for Daidoh's board positions secured a seat.
BUSINESS / Companies
Jun 28, 2024

Activist fund in Japan wins Daidoh board seats in rare victory

Daidoh's stock has more than tripled since activist fund Strategic Capital built a stake in the firm in November 2022.
Japan's most expensive plot of land lies in front of Kyukyodo stationery store in Tokyo's Ginza shopping district, according to National Tax Agency statistics.
BUSINESS / Economy
Jul 1, 2024

Japan's land prices rise at fastest pace since 2010, tax agency says

Average land prices climbed 2.3% last year, rising for the third straight year.
Sumitomo Corp. President Shingo Ueno speaks during an interview at the company's head office in Tokyo on Tuesday.
BUSINESS / Companies
Jul 1, 2024

Sumitomo looks to tap U.S. shale boom despite exiting production

The company will seek to boost sales of pipelines used in U.S. shale fields.
Chinese leader Xi Jinping with French President Emmanuel Macron in France in May. As part of a charm offensive, Xi visited France and other European countries in the spring.
COMMENTARY / Japan / Geoeconomic Briefing
Jul 1, 2024

Expectations vs. reality of Xi Jinping's charm offensive

Beijing is trying to win back favor in several countries to tackle its economic woes, with Xi courting bilateral relations with leaders in Europe and beyond.
A city street in Kyoto crowded with tourists in April. American tourists headed for Japan have surged this year, according to data from the International Trade Administration.
BUSINESS
Jul 2, 2024

More American tourists head to Japan as battered yen beckons

Airlines are also moving in tandem with this trend, adding 9% more seats between the United States and Japan in the three months through August.
Elliott Investment Management's sizable stake in Sumitomo reflects a growing shareholder activism in Japan.
BUSINESS / Companies
Jul 2, 2024

Activist investor campaigns hit record high, driven by Japan

The number of new activists campaigns totaled 147, up 7% from 138 in the same period in 2023 and 29% above the five-year average.
Environmental activist Phuon Keoraksmey is arrested after a verdict in Phnom Penh on Tuesday, where a Cambodian court sentenced 10 environmentalists to between six and eight years in jail for plotting to commit crimes in their activism.
ASIA PACIFIC / Politics
Jul 3, 2024

Cambodia sentences green campaigners over their environmental activism

A lawyer for the activists in Cambodia condemned the sentences, saying he would consult with his clients on whether to appeal against the ruling.
Bain Capital partner Masashi Suekane during an interview last month
BUSINESS / Markets
Jul 5, 2024

Bain Capital to invest ¥5 trillion in Japan over five years

Bain Capital plans to increase its workforce in Japan and has established a team to help firms make effective use of their real estate with low profitability.
An unarmed Minuteman III intercontinental ballistic missile is launched during an operational test at Vandenberg Air Force Base in California in August 2017. Surging costs for the U.S. Air Force's new Sentinel ICBM may further embolden arms control advocacy groups who argue that the Sentinel should be scrapped in favor of extending the life of Minuteman III missiles.
WORLD / Politics
Jul 6, 2024

Cost of U.S. Sentinel ICBM swells again to $214 million per missile

The program is now expected to cost taxpayers $141 billion, or 81% more than forecast four years ago.
U.S. President Donald Trump stands among other leaders as he attends a North Atlantic Treaty Organization Plenary Session at the NATO summit in Watford, near London on Dec. 4, 2019.
WORLD / Politics
Jul 8, 2024

Elephant in room at NATO: Would Trump blow it up?

This week's Washington summit aims to "Trump-proof" NATO by expanding its role, especially in supporting Ukraine.
A bull statue stands outside the Shenzhen Stock Exchange building in Shenzhen in September 2019.
BUSINESS / Markets
Jul 9, 2024

China’s plenum promises cues for commodity bulls and bears

China is the world’s biggest importer of commodities and its dominant supplier of clean energy, so decisions taken in Beijing ripple across the world.
Renderings of Saudi Arabia's Neom project in the window of a pop-up store
WORLD / Politics
Jul 12, 2024

Saudi prince’s trillion-dollar makeover faces funding cutbacks

Crown Prince Mohammed Bin Salman, is close to completing a sweeping review of megaprojects.
Japanese businessman Kazunori Takishima, seen at the 2018 Winter Olympics in Pyeongchang, South Korea, has attended four Summer Games and four Winter Games since his first in 2006.
OLYMPICS
Jul 12, 2024

Japanese superfan with Olympic-sized wallet eager to make new memories in Paris

The 48-year-old Tokyo native spends large chunks of his disposable income on Olympic tickets.
Pedestrians in the Wangfujing shopping area in Beijing on July 11, 2024. China's economic growth in the second quarter was lower than forecast, adding pressure on Chinese leaders to lift confidence at the Chinese Communist Party's third plenum this week.
BUSINESS / Economy
Jul 15, 2024

China’s economic growth comes in worse than expected

Underwhelming data for the second quarter puts pressure on Chinese leader Xi Jinping to lift confidence at this week's twice-a-decade policy meeting.
The production plant of GCL Technology in Xuzhou, Jiangsu province, China, on July 2
BUSINESS / Economy
Jul 16, 2024

Xi Jinping’s great economic rewiring is cushioning China’s slowdown

Tech advances and a resulting export boom have helped to keep economic growth within reach of its targeted pace of around 5%.
Actor Kim Dae-gun won a Korean Fantastic Actor award for his performance in Yoon Eunkyoung’s “The Tenants,” which takes a dark satirical look at the scarcity of decent affordable housing in Seoul.
CULTURE / Film
Jul 18, 2024

Bucheon film festival contemplates a future with AI

Dark comedy and surreal fantasy stood out at the genre film event that focused on the advent of generative AI.
Former U.S. President Donald Trump departs after the third night of the Republican National Convention at the Fiserv Forum in Milwaukee, Wisconsin, on Wednesday.
WORLD / Politics
Jul 19, 2024

Fearful or cheerful? World leaders mull Trump's potential foreign policy

With Donald Trump polling ahead of Joe Biden to be reelected president in the U.S., some governments are taking concrete steps to prepare for his possible return.
Supporters of former president Donald Trump pray during a benediction on the second day of the Republican National Convention in Milwaukee on Tuesday.
COMMENTARY / Japan
Jul 19, 2024

Unpacking America's puzzling election dynamics

If the Republican Party sacrifices the true interests of the U.S. and its allies in order to win the presidency, it will no longer be the Grand Old Party.
The general secretary of Vietnam's Communist Party, Nguyen Phu Trong, in February 2021. Trong died on Friday at age 80, state media said.
ASIA PACIFIC
Jul 19, 2024

Vietnam's most powerful Communist Party leader dies

For months, Trong had appeared frail at public events or missed them outright and on Thursday his duties as party chief were taken over by President To Lam.
Blackstone's private equity fund says Japanese individual investors are highly interested in alternatives and their understanding of the asset class is deepening.
BUSINESS / Markets
Jul 23, 2024

Blackstone Japan fund exceeds $1B as investors warm up to private equity

As inflation takes hold in the country, investors are exploring more alternative assets on government encouragement to invest more of their cash.
Indian Prime Minister Narendra Modi addresses the media in New Delhi on June 7.
ASIA PACIFIC / Politics
Aug 1, 2024

India's state elections to test Modi after budget fails to aid swing voters

Despite talk of relief, the government has raised taxes on gains from retail investments, removed some real estate tax benefits and left income tax rates untouched.
Passengers exit trains at Hamamatsucho Station in Tokyo.
JAPAN / Society
Aug 1, 2024

Paternity leave uptake in Japan hits record 30%

The new record represents a 13 percentage point increase from the previous year.
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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Tsukuba massif granite, one of the world’s few heritage stones
Tsukuba massif granite, one of the world’s few heritage stones

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