Search - 2020

 
 
Quantas will pay out AU$20 million between more than 86,000 customers who booked tickets on the so-called "ghost flights" and pay an AU$100 million fine instead of defending the lawsuit that it had previously vowed to fight.
BUSINESS / Companies
May 6, 2024

Australia's Qantas to pay $79 million to settle flight cancellation case

The fine is the biggest ever for an Australian airline and among the largest globally in the sector.
A social welfare office in Tokyo sets up a counter for special COVID loans in June 2020.
JAPAN
May 7, 2024

Only 37% of COVID-19 special loans were repaid in Japan

Some special loan recipients had been facing financial difficulties even before the pandemic
A news conference is held following a settlement being reached in a labor tribunal proceeding in Tokyo.
JAPAN / Crime & Legal / FOCUS
May 7, 2024

Nondisclosure issue a lingering problem in Japan labor cases

One worker in Osaka Prefecture is contesting a nondisclosure clause that was added to her labor tribunal case's resolution against her will.
Her, a self-described feminist bar in Shanghai, on March 15. Women in Shanghai gather in bars, salons and bookstores to reclaim their identities as the country’s leader calls for China to adopt a “childbearing culture.”
ASIA PACIFIC / Society
May 7, 2024

In China, ruled by men, women quietly find a powerful voice

Women in Shanghai gather to reclaim their identities as the country’s leader calls for China to adopt a “childbearing culture.”
Tokyo DisneySea Fantasy Springs Hotel is set to open in June in the theme park's new section featuring areas based on "Frozen," "Tangled" and "Peter Pan."
BUSINESS
May 7, 2024

Tokyo DisneySea taps ‘Frozen’ and 'Peter Pan' in ¥320 billion expansion

The expansion, which opens to the public June 6, is expected to help boost total annual sales by ¥75 billion.
Beijing is quietly supporting the Kremlin’s war machine. For China, the longer the West stays distracted with the Ukraine war, the better.
COMMENTARY / World
May 7, 2024

The West is hastening its own decline

Unless it changes course, the West is likely to lose its global supremacy, including its hold on the international financial architecture.
Workers on the production line at a cotton textile factory in Korla, Xinjiang Uighur Autonomous Region, China, on April 1, 2021
BUSINESS
May 8, 2024

Banned Chinese cotton found in 19% of U.S. and global retailers' merchandise, study shows

The U.S. enacted a law in 2021 to safeguard its market from products potentially tainted by human rights abuses in Xinjiang, a major cotton producer.
Cleaning worker Hu Dexi, 67, at a shopping mall in Beijing on April 10
BUSINESS / Economy
May 8, 2024

In rapidly aging China, millions can't afford to retire

With a low retirement age, meager pension benefits and no family to support them, many in China feel they simply can't ever stop working.
Sony employees simulate the physical sensations of pregnancy at the company’s headquarters in Tokyo in February. The simple power of numbers can begin to remake workplace cultures, but many Japanese women still struggle to balance their careers with domestic obligations.
JAPAN / Society
May 8, 2024

It took decades, but Japan’s working women are making progress

Employers have taken steps to change a male-dominated workplace culture. But women still struggle to balance their careers with domestic obligations.
Medical workers take care of a COVID-19 patient on a mechanical ventilator, in a negative pressure room in an intensive care unit at St. Marianna University School of Medicine Yokohama City Seibu Hospital in Yokohama in August 2021.
JAPAN / Science & Health
May 8, 2024

Many still face COVID aftereffects a year after assessment downgrade

As there is no cure yet for long-lasting symptoms, doctors are calling on people to continue taking infection preventative measures.
Russian officers march during the main military parade rehearsals in Moscow's Red Square on May 5.
BUSINESS / Economy
May 8, 2024

Russia’s war economy starves crucial oil industry of manpower

Since Russia's invasion of Ukraine, its oil and gas sector has faced increasingly strict international sanctions aimed at limiting petrodollar revenue.
Despite Shinzo Abe's numerous achievements as prime minister, including job creation and efforts to promote workforce gender equality, recent controversies surrounding his tenure, including ties to controversial groups and scandals within his political faction, have tarnished his image.
COMMENTARY
May 7, 2024

The economic legacy of Japan's longest-serving prime minister

Under Abenomics and the BOJ's monetary policy, employment rose more than under any other Japanese government in the 21st century.
Antigovernment protesters sing the protest anthem "Glory to Hong Kong" on May 13, 2020.
ASIA PACIFIC / Politics
May 9, 2024

Hong Kong court bans protest anthem, saying it can be used as weapon

The ruling to ban the anthem "Glory to Hong Kong" comes amid what critics say is an erosion in Hong Kong's rule of law and individual rights.
Nuggets center Nikola Jokic (left) works against the Timberwolves' Rudy Gobert during the second quarter in Game 1 of their second-round playoff series in Denver on May 4.
BASKETBALL / NBA
May 9, 2024

Nuggets star Nikola Jokic named NBA MVP for third time in four seasons

Jokic is the ninth player to win the award three or more times.
Cambodia's then-Prime Minister Hun Sen and Aung San Suu Kyi walk past the honor guard during her visit to Phnom Penh on April 30, 2019. Myanmar's junta said on Wednesday that it would not permit Hun Sen to meet with Suu Kyi, who has been detained since a 2021 coup.
ASIA PACIFIC / Politics
May 9, 2024

Myanmar junta rebuffs Hun Sen's request to meet Suu Kyi

Cambodia's former leader said he had requested a meeting with the Nobel laureate, detained since 2021, during talks with junta chief Min Aung Hlaing.
Workers make pods for e-cigarettes on the production line at Kanger Tech, one of China's leading manufacturers of vaping products, on Sept. 24, 2019 in Shenzhen, China.
BUSINESS / Markets
May 9, 2024

China’s factory glut alarms the world, but there’s no quick fix

European Union leaders, who are threatening tariffs on electric cars, were the latest to scold China about overcapacity, but there are no plans to change.
SoftBank Group is in talks to acquire Graphcore, a struggling British semiconductor startup.
BUSINESS / Companies
May 9, 2024

SoftBank said to be in talks to buy troubled AI chip firm Graphcore

Graphcore reported just $2.7 million in revenue for 2022, a 46% drop from the prior year, according to its latest financial report.
Pete Reynolds (front row, right) has trained for 38 years with the Bujinkan, an organization that teaches skills used by ninja. The American moved to Japan in 2000 and is now a senior instructor at the organization’s dojo in the Nezu neighborhood in Tokyo.
LIFE / Lifestyle
May 10, 2024

The unexpected acolytes helping to keep ninja heritage alive

What may have started as youthful fantasy has led to a deeper passion in an area of Japanese history by non-Japanese martial arts practitioners.
A toddler tries to pull an electric kettle cord. Parents can often recognize the dangers within their own home, but may not be as vigilant when visiting new places during the holidays.
JAPAN / Society
May 10, 2024

Indoor child safety warnings issued for caregivers in Japan

Parents can often recognize the dangers within their own home, but may not be as vigilant when visiting new places during the holidays.
Many women suffer abuse for decades, afraid to speak out for fear of being stigmatized or blamed.
WORLD / Society / FOCUS
May 10, 2024

'Everyone around you loses': How domestic abuse hurts economies

Research suggests the global cost of all violence against women could be about 2% of gross domestic product, or the size of Canada's economy.
Employees work on a production line at an automotive plant producing electric cars near Ningbo, China. The U.S. is set to announce new tariffs on Chinese electric vehicles and other goods as early as next week, according to people familiar with the matter.
BUSINESS
May 11, 2024

Biden set to hit China EVs and strategic sectors with tariffs

The decision, which could come as early as next week, represents one of Biden’s biggest moves in the economic race with China.
Paris Saint-Germain's Kylian Mbappe celebrates with the French Ligue 1 championship trophy in Paris on Sunday.
SOCCER
May 13, 2024

Kylian Mbappe plays final match with PSG

Mbappe scored in his final home appearance as a Paris Saint-Germain player on Sunday.
The widespread adoption of renewable energy sources and implementation of energy efficiency are key to reducing emissions and, in turn, fueling economic growth.
COMMENTARY / World
May 2, 2024

We need economic growth to avert a climate catastrophe

The degrowth movement doesn't offer solutions to tackle global warming. Not only are its proposals unrealistic, but they may not even be effective.
Japan’s custody system may soon change with the introduction of joint custody, though issues like a lack of protection against domestic violence and abuse must also be tackled.
COMMENTARY / Japan
May 10, 2024

Joint custody alone won’t fix Japan’s flawed system

Japan could be on the verge of adopting joint custody. While to some this is a step in the right direction, it may not be enough to protect families.
The eighth edition of the Yokohama Triennale, held at the Yokohama Museum of Art, opened in March this year with the theme “Wild Grass: Our Lives."
CULTURE / Art
May 14, 2024

Yokohama Triennale's eighth edition makes room for context

Curators Liu Ding and Carol Yinghua Lu's dynamic and vital show positions art at the vanguard of social change.
The plaintiff in an indirect gender discrimination case speaks at a news conference after winning the case in Tokyo on Monday.
JAPAN / Crime & Legal
May 14, 2024

Japan AGC unit loses suit over indirect gender discrimination

A subsidiary of Japanese glass-maker AGC has lost a lawsuit filed by a female clerical worker seeking damages for indirect gender discrimination.
French President Emmanuel Macron during an interview on the fringes of the Choose France summit in Versailles, France, on Monday
BUSINESS / Companies
May 14, 2024

Macron puts French banks in play with plan to transform Europe

Macron has been trying to persuade his EU partners to embrace reforms that he says would turn the bloc into a more united and powerful economic force.
Nomura Holdings aims to almost its double pretax profit by the end of the decade.
BUSINESS / Companies
May 14, 2024

Nomura seeks to double profit by 2030 in latest growth plan

Japan’s biggest brokerage plans to generate pretax income of more than ¥500 billion ($3.2 billion) with a focus on its key wholesale division.
Sony Group is missing analyst expectations for sales as demand for its PlayStation 5 hardware wanes.
BUSINESS / Companies
May 15, 2024

Sony sales outlook misses estimates on waning demand for PS5s

Shares in Sony have been under pressure this month amid mounting speculation about the terms of its potential $26 billion bid for Paramount Global.
Rakuten logged its fifteenth consecutive quarter in the red due to losses at its mobile service network unit.
BUSINESS / Companies
May 14, 2024

Rakuten logs 15th quarter of losses on mobile woes despite record financial unit profit

While its number of mobile subscribers rose to 6.48 million at the end of March, average revenue per user increased only fractionally.

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A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami