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July 13, 2025
 

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Japan's core machinery orders unexpectedly fell for a second straight month in May.
BUSINESS / Economy
Jul 11, 2024

Japan's key capex gauge falls again, clouds outlook for durable growth

The volatile leading indicator of capital spending fell 3.2% month-on-month in May, following a 2.9% drop in April.
The Nikkei stock average hit another record high on Thursday, rising above the 42,000 level for the first time.
BUSINESS / Markets
Jul 11, 2024

Japan's Nikkei average hits record high, topping 42,000 on Wall Street gains

The 225-issue average went on to secure a third consecutive record high close this week, after an overnight rally in U.S. stocks boosted investor sentiment.
An empty street in Fukiya, Okayama Prefecture. Japan may be both experiencing overtourism in some places and witnessing the opposite in others.
JAPAN
Jul 11, 2024

Japan doesn't have too many tourists, statistics suggest. It just feels that way.

The country received 0.2 tourists per capita in 2023, compared with France's 1.5, Greece's 3.4, Portugal's 2.5 and Spain's 1.8.
When Microsoft took a non-voting, observer position on OpenAI's board in November, it triggered unease among antitrust watchdogs in the European Union, Britain and the United States over how much control it exerts over the artificial intelligence startup.
BUSINESS / Companies
Jul 11, 2024

Microsoft ditches OpenAI board observer seat to avert antitrust scrutiny

The move comes amid concerns among British and U.S. antitrust watchdogs over Microsoft's influence over OpenAI and the latter's independence.
People attend a seminar, hosted by Daiwa Securities, on the new NISA tax-free investment program last November. Retail investors in Japan have been favoring international investments as they deploy funds held in their fast-growing NISA accounts.
BUSINESS / Markets
Jul 11, 2024

Yen takes hit as ¥1 trillion flows abroad monthly after NISA tweak

Many taking advantage of changes to the rules for Japan's tax-free savings accounts have been shifting their savings to international investments.
The members of Glay — (from left) Jiro, Teru, Takuro and Hisashi — are celebrating 30 years of rocking out as a band.
CULTURE / Music
Jul 12, 2024

Glay celebrates three decades of rock greatness

The band's 12-month-long Glay Expo takes the idea of a concert tour to the next level for the anniversary of its major label debut.
Located in Yokohama's chic Minato Mirai neighborhood, the Kahala Hotel & Resort opened in 2020 but still has the feeling of a newly launched accommodation.
LIFE / Travel
Jul 13, 2024

The paradox of a five-star Hawaiian-themed hotel in Yokohama

What manner of overseas tourist would come all the way to Japan just to stay at a Hawaiian-themed hotel?
A Yamato Transport delivery center in Funabashi, Chiba Prefecture. Japan's parcel delivery firms are expanding drop-off services amid a rise in their redelivery rate and a shortage of truck drivers.
BUSINESS
Jul 12, 2024

Availability of parcel drop-off services increasing in Japan

The services are expected to help reduce redeliveries to lessen the heavy burden on delivery vehicle drivers.
U.S. Foreign Affairs Committee Chairman Michael McCaul, a U.S. House representative from Texas
BUSINESS / Tech
Jul 12, 2024

U.S. lawmakers raise concerns over Microsoft deal with Emirati AI firm

The Republican lawmakers' letter is a sign of growing concern about the lack of regulations around the export of sensitive artificial intelligence models.
A down jacket that uses recycled feathers. An Environment Ministry survey has shown that around 60% of newly supplied clothing in Japan is expected to be discarded without being reused.
JAPAN / Society
Jul 12, 2024

Japan aims to recycle 50,000 metric tons of discarded clothing

Large amounts of clothes are being thrown away as a result of massive production amid the spread of fast fashion.
Japan's top currency official Masato Kanda speaks to reporters in Tokyo on Friday.
BUSINESS / Markets
Jul 12, 2024

BOJ rate check fuels yen intervention speculation after a big gain

Several market participants said Japan's central bank had called and asked for indicative exchange rates against the euro.
A supermarket in Yangon operated by Aeon
JAPAN
Jul 12, 2024

Japanese businessman taken to court in Myanmar

Hiroshi Kasamatsu, a 53-year-old employee of Japanese retailer Aeon, was detained late last month over an alleged illegal practice linked to rice sales.
Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during a news conference in Tokyo in June.
BUSINESS / Companies
Jul 12, 2024

SoftBank buys struggling U.K. chip startup Graphcore in AI race

The deal marks Softbank's second acquisition of a U.K. semiconductor firm, following its 2016 purchase of Cambridge-based Arm Holdings.
A Bank of Japan survey on households showed that 87.5% expect prices to rise a year from now, up from 83.3% in a previous survey in March.
BUSINESS / Economy
Jul 12, 2024

Japan households' inflation expectations heighten, quarterly survey shows

Of the total households surveyed by the Bank of Japan, 87.5% said they expect prices to rise a year from now.
The Bank of Japan headquarters in Tokyo. Many analysts say the central bank would want to avoid rushing policy moves as policymakers probably don’t want to be seen as being forced to act to boost the currency.
BUSINESS / Markets
Jul 12, 2024

Yen jump eases pressure on BOJ to tighten its policy, analysts say

If the Bank of Japan raised interest rates and announced fewer bond purchases, it could risk being seen as only driven by the volatile yen.
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.
Everyone should relax as Japan’s capital, Tokyo, isn’t ripping out thousands of trees to redevelop the famed Jingu Gaien park. Quite the opposite is planned.
COMMENTARY / Japan
Jul 12, 2024

Tokyo's Jingu Gaien is at the center of an urban debate amid a redevelopment rift

Concerns about plans for Tokyo's Jingu Gaien may be exaggerated, as key trees will be preserved and more green space will be created post-development.
Marketing and PR Director at MSC Cruises Japan Kathy Knowles believes inbound tourism in Japan is likely to increase, and hopes more people will want to explore the country by sea.
COMMUNITY / Our Lives / 20 QUESTIONS
Jul 13, 2024

Kathy Knowles: ‘I would never have been able to see so much if it weren't for this job’

Going on a cruise can be a fun summer travel option, so much so that this industry executive has made a career out of it.
Prime Minister Fumio Kishida and German Chancellor Olaf Scholz speak to reporters in Berlin on Friday.
JAPAN / Politics / ANALYSIS
Jul 13, 2024

Japanese and German leaders deepen ties with new economic security framework

Prime Minister Fumio Kishida and German Chancellor Olaz Scholz agreed on the new mechanism during the Japanese leader's first visit to the country as PM.
A worker passes a sign for the Republican National Convention in Milwaukee on Friday.
WORLD / Politics / FOCUS
Jul 13, 2024

Republicans to anoint Trump at party convention

The 78-year-old billionaire will be the star of the show as Milwaukee rolls out the red carpet for the Republican National Convention.
A supermarket in Tokyo. A Bank of Japan survey showed that 87.5% of respondents believe that prices will be even higher in one year's time.
BUSINESS / Economy
Jul 13, 2024

95% in Japan feel impact of rising prices, BOJ survey shows

The figure for June rose from the 94.4% reported three months earlier.
Narita International Airport will accept imported jet fuel to deal with a fuel shortage.
BUSINESS / Companies
Jul 14, 2024

Narita Airport to accept imported jet fuel amid Japan shortage

The move comes as Japan witnesses a sharp rise in the number of foreign travelers, partly attracted by the yen trading at a 38-year low.
The Bank of Japan headquarters in Tokyo
BUSINESS / Markets
Jul 15, 2024

Yen’s woes seem too big for even a BOJ hike this month to solve

Despite a boost and a favorable drop in U.S. bond yields, the yen still ended last week up less than 2% against the greenback.
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.
Kansai International Airport in Izumisano, Osaka Prefecture. The upper limit on the number of takeoff and landing slots at the airport as well as Kobe Airport in Hyogo Prefecture will be raised in spring next year ahead of the 2025 World Exposition in Osaka.
BUSINESS / Companies
Jul 15, 2024

Kansai airports to increase takeoff and landing slots ahead of Osaka Expo

The increases at Kansai International Airport and Kobe Airport are to meet demand for air travel during the six-month event, which begins in mid-April 2025.
Goki Kusunoki, CEO and co-founder of Samansa, with the company's Loverse app in Tokyo on May 10. The app allows interaction only with generative artificial intelligence.
BUSINESS
Jul 21, 2024

Tiny Japanese startup is bringing AI dating to the masses

Loverse is the latest in a long line of digital solutions to Japan’s loneliness crisis.
The potential of AI in fighting climate change is immense. It can accelerate progress by redesigning industrial processes, optimizing transport systems, maximizing energy efficiency and significantly reducing emissions.
COMMENTARY / World
Jul 16, 2024

Embracing the AI-energy-climate nexus

AI's potential to fight climate change is immense. It can accelerate progress by redesigning industrial processes, maximizing energy efficiency and reducing emissions.
An Abu Dhabi National Oil Co. facility in Fujairah, which uses technology developed by 44.01, a startup backed by Sam Altman
BUSINESS / Tech
Jul 16, 2024

Sam Altman-backed startup scaling technology to store CO2 in rocks

A type of rock found under every continent holds the potential key to permanently trapping planet-warming carbon dioxide under the Earth’s surface.
An electronic screen displays a graph showing yen exchange rates surging against the U.S. dollar amid an alert to the possibility of intervention in Tokyo on Friday.
BUSINESS / Economy
Jul 16, 2024

Japan keeps up yen warnings as two-day intervention suspected

Bank of Japan data released on Tuesday suggested Tokyo may have spent ¥2.14 trillion ($13.5 billion) intervening on Friday last week.
Shares in Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker and a major Apple and Nvidia supplier, closed 2.4% lower on Wednesday.
WORLD / Politics
Jul 17, 2024

Trump says Taiwan should pay for defense, sending TSMC stock down

The U.S. is Taiwan's key international supporter and arms supplier, although there is no formal defense agreement between them.
Tokyo hit by torrential rainfall at rush hour
People line up at Shibuya Station in Tokyo as they try to avoid the heavy rain on Thursday.
Foreign drivers in Japan to face tougher license conversion rules from October
According to the National Police Agency, there were 75,905 people who converted their foreign driver’s license to a Japanese one in 2024, up from 48,885 in 2019.
Nissan clinches $4.5 billion bond deal after orders soar
Nissan Motor has raised $4.5 billion through a junk bond sale in U.S. dollars and euros, part of which carries a record-high coupon rate.
Chinese fighters came within 30 meters of Japanese spy aircraft, Tokyo says
A Chinese JH-7 fighter jet makes an near an Air Self-Defense Force YS-11EB surveillance aircraft over the East China Sea this week in this image released Thursday.
What Japanese politics could look like after Upper House election
Prime Minister Shigeru Ishiba, who heads the ruling Liberal Democratic Party (center) waves to attendees as he departs after delivering a campaign speech in Yokohama on Sunday.
An emoji used to say it all. Now it might say too much.
Apple’s Craig Federighi shows off a set of emoji at a conference on June 13, 2016. While the small pictures have proved helpful in conveying nuance in our texts, younger people are using them less often.
‘Our ultimate goal is to save every single Japanese video game’
After nearly shuttering earlier this year, the Tokyo-based Game Preservation Society continues its work to save the early history of Japanese gaming.
Rare vintage shots and first-time shows at TOP’s 30th anniversary
The museum's curators selected a wide array of works from the archives for the milestone exhibitions. Among other photos, Nobuyoshi Araki's work from the series "Winter Journey" (1990) was included in the "Continuity and Change" exhibition that concluded in June.
New IG Arena set to dial down temperature at Nagoya Basho, in a good way
With IG Arena getting glowing early reviews as the Nagoya Basho’s replacement venue, it may be a while before fans wax nostalgic about the Aichi Prefectural Gymnasium.
Once a niche, anime is now mainstream content for Netflix and other streaming services
Though Netflix remains the dominant choice globally for anime viewers, Amazon Prime Video has also invested heavily in anime, steadily adding titles to their catalogue.

Podcast

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

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji
By Alex K.T. Martin

SUSTAINABLE JAPAN

Muji has been sustainable from the beginning
Muji has been sustainable from the beginning

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