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May 15, 2025
 

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Wealthy people in Japan failed to declare a total of ¥65.5 billion in taxable income in the year through June, down 33.2% from the year before, a National Tax Agency report showed Friday.
JAPAN
Nov 30, 2024

Japan's wealthy fail to declare ¥65.5 billion in income

The tax agency attributed the rise partly to the full-fledged use of artificial intelligence to make investigations more efficient.
Charles Kushner attends the funeral for Ivana Trump, socialite and first wife of former U.S. President Donald Trump, at St. Vincent Ferrer Church in New York in July 2022.
WORLD / Politics
Dec 1, 2024

Trump taps Charles Kushner, father of his son-in-law, as envoy to France

The choice is in keeping with Trump's pattern, so far, of selecting people, often wealthy, who are close to his family or of proven loyalty.
Female company presidents are mostly found at small businesses in Japan.
BUSINESS / Economy
Dec 2, 2024

8.4% of Japanese companies led by women in 2024

Female presidents tend to be found at smaller companies, with 11.9% of companies with less than ¥50 million in annual sales having a female boss.
Sadao Abe, who played the role of a time-traveling Showa Era teacher transported to present day in a popular TV drama, receives the 2024 buzzword of the year award for the word "futehodo," the nickname of the series.
JAPAN / Society
Dec 2, 2024

Japan’s 2024 buzzword of the year urges a reevaluation of past norms

“Futehodo” — a nickname for a TV drama that depicts the generational gap between the Showa and Reiwa eras — has been crowned the most trending word of 2024.
U.S. President-elect Donald Trump has, in rapid-fire fashion, named a spate of ideological warriors, conspiracy theorists and now even family members to senior government positions.
WORLD / Politics / ANALYSIS
Dec 3, 2024

Trump doubles down on defiance after collapse of Matt Gaetz selection

Trump, in rapid-fire fashion, has kept naming more ideological warriors, conspiracy theorists and now even family members to senior government positions.
People watch South Korean President Yoon Suk Yeol's declaration of martial law and the following announcement that he will lift the martial law, after parliamentary vote, at a railway station in Seoul on Wednesday.
ASIA PACIFIC / Politics
Dec 4, 2024

South Korea's President Yoon Suk Yeol, embattled conservative

The novice politician took office with some of the lowest approval ratings of any democratically elected South Korean president.
Vietnamese property tycoon Truong My Lan (right) looks on at a court in Ho Chi Minh city on Tuesday.
ASIA PACIFIC / Crime & Legal
Dec 4, 2024

Vietnam tycoon loses death penalty appeal over fraud scandal

Under Vietnamese law, Truong My Lan can have her death sentence commuted to life in prison if she returns an estimated $11 billion.
Netflix's subscribers in Japan topped 10 million in the first half of this year, with Japanese content being its third-most-viewed non-English content, after those in Korean and Spanish.
BUSINESS / Companies
Dec 4, 2024

Netflix Japan subscribers top 10 million

The streaming firm's Japanese-language programming is grabbing attention in the growing market.
Displaced Palestinians arrive in the northern Gaza Strip on Wednesday.
WORLD / Politics
Dec 5, 2024

Trump's Mideast envoy in push to reach Gaza ceasefire before inauguration

Steve Witkoff met the prime ministers of Israel and Qatar separately in late November.
“Shogun,” created by American channel FX and made by a joint American-Japanese team, utilized the strengths of both Japan and Hollywood to create a bona fide smash that critics adored. 
CULTURE / TV & Streaming / 2024 in Review
Dec 7, 2024

2024 was the year Japanese TV found its prestige

The triumph of “Shogun” at the Emmys served as an exclamation point for an industry taking big swings and opening up to trans-Pacific partnerships.
Japan's economy expanded in the July-September period at a faster pace than initially estimated, with consumer spending relatively solid for a second straight quarter, in a sign that underlying strength may be returning to the economy.
BUSINESS / Economy
Dec 9, 2024

Japan’s economy shows more resilience as BOJ considers hike timing

GDP grew at an annualized pace of 1.2% in the three months through September from the previous quarter.
A defaced mural of Sheikh Hasina, the ousted prime minister of Bangladesh, in Dhaka on Nov. 5. The new governor of Bangladesh’s central bank, Ahsan Mansur, calculates that about $17 billion was siphoned from the country’s financial system in the 15 years before Hasina's government collapsed in August.
ASIA PACIFIC / Crime & Legal
Dec 9, 2024

How the Bangladesh economy was siphoned dry

Some economists guess that the true value looted during Sheikh Hasina’s rule before she fled the country could exceed $30 billion, but no one can say for sure.
The $8.2 billion deal is the largest overseas acquisition by a Japanese insurer to date and the second major transaction announced by Nippon Life this year.
BUSINESS / Companies
Dec 11, 2024

Nippon Life to buy Resolution in $8.2 billion deal as it pursues U.S. growth

The deal is the largest overseas acquisition by a Japanese insurer to date and the second major transaction announced by Nippon Life this year.
People watch a TV screen, broadcasting South Korean President Yoon Suk Yeol delivering an address to the nation, at a railway station in Seoul, on Thursday.
ASIA PACIFIC / Politics
Dec 14, 2024

Yoon Suk Yeol: from rising star to impeachment

He rose from public prosecutor to South Korea's highest office in just a few years, but as president, Yoon staggered from scandal to scandal.
Gold samples confiscated by Federal Police in Amazonas state, Brazil, on June 19
WORLD / Crime & Legal
Dec 16, 2024

New technology aids Brazil's crackdown on illicit Amazon gold trade

A police program is creating a database of samples from across Brazil that are examined to determine the unique composition of elements.
Businessman George Glass has been selected by U.S. President-elect Donald Trump to be the next ambassador to Japan.
JAPAN / Politics
Dec 17, 2024

Trump picks businessman George Glass as Japan ambassador

Glass, who served as ambassador to Portugal during Trump's first administration, is known as one of the biggest fundraisers for his reelection bid.
One problem with assessments of China’s economic health is that they tend to treat China like a “normal” modern economy, and assume that policy tools familiar to Western economies are similarly useful.
COMMENTARY / World
Dec 26, 2024

China’s economy has not peaked

What happens to the world economy and global geopolitics in 2025 will depend significantly on China. But prevailing assessments of its economic health are deeply flawed.
Current Sapporo Holdings President Masaki Oga (left) and the next President Hiroshi Tokimatsu, currently executive group managing officer, shake hands on Wednesday in Tokyo's Chiyoda Ward.
BUSINESS / Companies
Dec 19, 2024

Hiroshi Tokimatsu named next president of Sapporo Holdings

Tokimatsu, 62, will also become president of Sapporo Breweries.
Warriors guard Stephen Curry drives past the Mavericks' Maxence Prosper during a game in San Francisco on Dec. 15.
BASKETBALL / NBA
Dec 19, 2024

Warriors lead way as average value of NBA team reaches $4.6 billion

Golden State is considered the second most valuable franchise in U.S. sports, trailing only the Dallas Cowboys.
A pedestrian crossing in Tokyo's Ginza district. In an economic report released Friday, the government cut its assessment on corporate profits for the first time since March 2023.
BUSINESS / Economy
Dec 20, 2024

Japan says overall economy recovering, but cuts view on corporate profits

Among key economic areas, the government cut its assessment on corporate profits for the first time since March 2023 as the pace of its recovery was moderating.
The central Hokkaido city of Asahikawa made headlines this year when one of its suburbs was named as the best place to live in Japan — a ranking earned in part due to the community's many outstanding restaurants and cafes.
LIFE / Food & Drink
Dec 28, 2024

How Hokkaido quietly became a culinary treasure trove in 2024

Food trucks, morsels with cutesy cues from nature and more helped Japan’s northernmost island have a stellar year.
An undated photo of a poster in a window promoting shows at Lincoln Center by Shen Yun, which in its 2023-2024 season performed more than 800 times on five continents, in New York. Over the past decade, the dance group Shen Yun Performing Arts has made money at a staggering rate in large part by getting followers of the Falun Gong religious movement to work for free and pay its bills.
ASIA PACIFIC / Politics
Dec 31, 2024

How Shen Yun tapped religious fervor to make $266 million

Shen Yun’s success flows in part from its ability to pack venues worldwide — while exploiting young, low-paid performers with little regard for their health or well-being.
Opium is harvested from poppies in Bang Laem Village, Shan State, Myanmar.
ASIA PACIFIC / Crime & Legal
Dec 31, 2024

Drugs, scams and sin: Myanmar’s war has made it the global crime capital

Growing opium poppies is illegal in Myanmar, but small-scale farmers see it is a relatively low-risk cash crop.
Police investigators surround a white truck in the French Quarter of New Orleans, Louisiana, on Wednesday.
WORLD / Crime & Legal
Jan 2, 2025

FBI probes New Orleans truck ramming as IS-inspired terrorist attack

A U.S. Army veteran drove into the city's French Quarter on New Year's Day, killing 15 in what officials suspect might be a coordinated attack inspired by the Islamic State group.
A police officer enters a vehicle on Thursday at the location where a truck was driven into a crowd of New Year's Day revelers in New Orleans, Louisiana, a day earlier.
WORLD / Crime & Legal
Jan 3, 2025

Texas man behind New Orleans attack acted alone, FBI says

The suspect, identified as Shamsud-Din Jabbar, a 42-year-old Texan who once served in the U.S. Army in Afghanistan, had pledged allegiance to the Islamic State group.
The Bank of Korea complex in Seoul. South Korea's economic growth is hindered by structural challenges like high living costs, a tough job market and an aging population.
COMMENTARY / World
Dec 26, 2024

The Bank of Korea moves beyond monetary policy

Many Koreans are pessimistic about the future, which reflects the intense competition that defines their lives, from education to employment.
Burned-out homes reduced to rubble by the Eaton Fire are seen in Altadena, California, on Friday.
WORLD
Jan 11, 2025

Los Angeles faces more wildfire evacuations even as fierce winds ease

Fierce winds that have supercharged wildfires sweeping parts of Los Angeles eased Friday, but the largest blaze shifted direction, triggering new evacuation orders.
Fire retardant is dropped as the Palisades Fire grows near Encino Hills, California, on Saturday.
WORLD
Jan 12, 2025

Aerial assault aims to stem Los Angeles fire's eastward spread

Fire officials say that while 11% of the Palisades Fire was now contained, it has so far burned over 22,000 acres (8,900 hectares).
Pedram Salimpour and Stacy Weiss look through the remains of their home, which was destroyed by fire in Pacific Palisades, California, on Saturday.
WORLD
Jan 13, 2025

Los Angeles fire evacuees face price gouging

The practice has drawn the ire of California's Attorney General Rob Bonta, who warned that there are laws against it.
People shop at a mall in the town of al-Dana, near Sarmada, in the northern Syrian province of Idlib on Dec. 13.
WORLD
Jan 13, 2025

'It was a mafia': Syrian businesses hope for revival after Assad

Syria's new caretaker government has told business leaders it will adopt a free-market model and integrate the country into the global economy.
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.
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