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Inspectors at the Kanto District Transport Bureau in Yokohama make calls to companies to check on the working conditions in the logistics industry earlier this month.
JAPAN / FOCUS
Jul 25, 2024

Japan's 'truck G-Men' issued guidance over 700 times in first year

The government inspectors check on working conditions in the logistics sector and monitor cases involving violations until the causes are resolved.
Nakazakicho may be just a few minutes outside the major commercial district of Umeda, but it certainly doesn't feel that way.
LIFE / Travel
Jul 27, 2024

The dancer keeping Osaka’s Nakazakicho indie

Nakazakicho’s transformation is more than the success story of a small neighborhood turning the tide against inner-city decay.
A 500 series bullet train on the Sanyo Shinkansen line with the Neon Genesis Evangelion anime series decoration. The aging 500 series will retire in 2027.
BUSINESS / Companies
Jul 25, 2024

JR West to retire 500 series Shinkansen in 2027

JR West plans to introduce new N700S Shinkansen trains after the 500 series' retirement.
A medical technician selects eggs for an in vitro fertilization (IVF) procedure Paris in 2019.
WORLD / Society
Jul 25, 2024

IVF mistakes are opening a new front in the fight over reproductive rights

The $40 billion U.S. industry is expected to triple in size over the next decade as more people delay having babies until later in life.
Nissan's operating profit for the April-June period totaled ¥995 million, compared with ¥128.6 billion in the same period a year earlier.
BUSINESS / Companies
Jul 25, 2024

Nissan shares hammered as Q1 profit wiped out by U.S. discounts

The automaker has cut its operating profit forecast for the financial year by 17% to ¥500 billion from ¥600 billion.
Core inflation in Japan's capital accelerated for a third straight month in July, keeping alive market expectations of a near-term interest rate hike by the central bank.
BUSINESS / Economy
Jul 26, 2024

Tokyo inflation quickens, keeping BOJ hike option in play

Consumer prices excluding fresh food rose 2.2% in the capital, versus 2.1% in June, the internal affairs ministry reported.
A gas blending station for testing gas and hydrogen mixtures in Germany. The energy transition in Germany became urgent after its supply of relatively inexpensive gas from Russia ended following the Ukraine war.
ENVIRONMENT / Energy / EXPLAINER
Jul 26, 2024

How Germany's hydrogen economy could transform energy use

For some, Germany's bet on green hydrogen is a gamble, but for others, it is a world-leading example.
Double trailers will be allowed to run on the Hokkaido Expressway for the first time as part of measures to cope with a truck driver shortage.
BUSINESS
Jul 26, 2024

Japan to open up more expressways to double trailers

The move aims to address disruptions in cargo transport services caused by truck driver shortages due to a new overtime regulation introduced in April.
With the Bank of Japan seen raising rates this year, there are heightened expectations that banks’ profitability will improve.
BUSINESS / Companies
Jul 26, 2024

Expectations high for Japan’s bank results to spur stock rally

Japanese lenders are set to report quarterly results that for the first time fully reflect the end of negative rates next week.
Japanese stocks are down 10% from their July peak as the yen strengthens.
BUSINESS / Markets
Jul 26, 2024

Yen melt-up nudges Japanese stocks into correction territory

Japan’s benchmark index is now down 10% from its July peak, meeting the textbook definition of a market correction.
Masanori Matsugawa, mayor of Ginowan, Okinawa Prefecture
JAPAN
Jul 26, 2024

Ginowan mayor dies on official trip to Tokyo

The 70-year-old mayor was found dead in his hotel room after failing to turn up at the hotel's lobby at a prearranged time.
Some investors are warning that a yen rally is fragile, as was on show this week when the yen rapidly retraced an advance after Thursday’s stronger-than-expected U.S. economic growth figures.
BUSINESS / Markets
Jul 27, 2024

‘Crazy’ yen rally is at risk of shattering as soon as Wednesday

Swaps markets suggest a roughly 45% chance of the Bank of Japan hiking rates by 15 basis points at the conclusion of its July 31 policy meeting.
Foreign Minister Yoko Kamikawa and Chinese Foreign Minister Wang Yi meet on the sidelines of Association of Southeast Asian Nations meetings in Vientiane, Laos, on Friday.
JAPAN / Politics
Jul 27, 2024

As foreign ministers meet, China says relations with Japan at 'critical stage'

The pair discussed thorny issues, including Japanese nationals detained in China, food import bans and semiconductor curbs.
Finance Minister Shunichi Suzuki speaks during a news conference at a Group of 20 finance chiefs meeting in Rio de Janeiro on Friday.
BUSINESS / Markets
Jul 27, 2024

Japan touts G20 reaffirmation of forex commitments as key achievement

The commitments say G20 nations recognize that disorderly movements in exchange rates can have adverse implications for economic and financial stability.
Former U.S. President Barack Obama embraces Vice President Kamala Harris while arriving to speak on the Affordable Care Act and Medicaid in the East Room of the White House in Washington in April  2022.
WORLD / Politics / FOCUS
Jul 27, 2024

Harris to lean on tight team and Obama staff in White House run

Here’s a look at the people in her orbit as she moves to reshape the campaign and form the nucleus of a potential new administration.
Brazilian Economy Minister Fernando Haddad arrives for a news conference during a break at the Group of 20 finance chiefs' meeting session in Rio de Janeiro on Friday.
BUSINESS / Economy
Jul 27, 2024

G20 pledges to work together to tax ultrarich

The topic of tackling tax-dodging billionaires dominated the two-day meeting in the Brazilian city, which will host the next G20 summit in November.
TikTok has deployed Washington power brokers and $1,500-an-hour attorneys to fend off a new law barring the app unless its Beijing-based parent, ByteDance, divests.
BUSINESS / Tech / FOCUS
Jul 27, 2024

TikTok’s survival is at stake in all-out fight against U.S. ban

TikTok has deployed Washington power brokers and $1,500-an-hour attorneys to fend off a new law barring the app unless ByteDance divests.
Chile's Zhiying Zeng plays a return during her preliminary round match at the Paris Olympics on Saturday.
OLYMPICS / Table tennis
Jul 28, 2024

'Dream come true' for 58-year-old Olympic debutant despite loss

Zeng represented China, the country of her birth, as a young player but retired at 20 and moved to Chile, where she has lived for the past 35 years.
While traditional hybrid vehicles use gas to turn the wheels, a new crop of cars are burning it exclusively to charge a large onboard battery.
BUSINESS / Tech
Jul 28, 2024

A new wave of electric vehicles are ready to charge at 70 mph

But while fossil fuels may be a curious catalyst for sparking EV sales, the strategy is arguably far greener than it looks.
The United Nations headquarters building is pictured though a window with the U.N. logo in the foreground in New York in 2014.
BUSINESS / Tech
Jul 29, 2024

U.N. cybercrime treaty faces new scrutiny

After seven negotiating sessions to date, criticism of the text has increased.
Even small and indirect sums from the Government Pension Investment Fund would help startups to get their businesses going.
BUSINESS / Companies
Jul 29, 2024

Japanese pension funds tiptoe into moonshot tech investments

More sources of funding would help the country’s on-again-off-again quest to monetize pioneering research.
Taro Kono, Japan's digital transformation minister, during a Bloomberg Television interview in Tokyo, during which he mentioned that the Bank of Japan to needs to introduce a rate hike to stop the weak yen trend.
BUSINESS / Economy
Jul 29, 2024

Doves in ascendancy ahead of big Bank of Japan meeting this week

The central bank will likely hold rates where they are when it meets this week, according to analysts.
Fuel prices are displayed on a board at a gas station in Tokyo in September 2023. Fighting high prices is among the priority policy measures encompassed by a special spending quota for the fiscal year from April 2025.
BUSINESS
Jul 29, 2024

Japan to create priority policy spending quota in fiscal 2025

Priority measures include strengthening the country's defense capabilities, raising its birthrate and expanding investments in carbon reduction.
Shareholder backing for Toyota Motor Chairman Akio Toyoda slid to 72% at the company's annual general meeting last month.
BUSINESS / Companies
Jul 29, 2024

Toyota chairman warns he may lose board spot amid falling investor support

Akio Toyoda said he may not be reelected as a director if shareholder support for him continues to fall at the pace it did this year.
Japan's unemployment rate edged lower to 2.5% in June from 2.6% a month earlier.
BUSINESS / Economy
Jul 30, 2024

Japan’s labor market stays tight, supporting wage growth

Japan's unemployment rate edged lower to 2.5% in June from 2.6% a month earlier, the Internal Affairs Ministry reported.
Samsung has won the long-awaited approval from artificial-intelligence giant Nvidia for a version of its high-bandwidth HBM3 memory chips.
BUSINESS / Companies
Jul 30, 2024

Samsung begins closing gap in making AI memory chips for Nvidia

The advances that include winning approval from artificial-intelligence giant Nvidia come after months of stumbles for Samsung.
The Maersk Launcher, a ship chartered by The Metals Company, carries seabed samples from the remote Clarion-Clipperton Zone of the Pacific Ocean on June 7, 2021.
ENVIRONMENT / Sustainability
Jul 30, 2024

The future of deep sea mining hinges on a contentious election

The vote will determine whether companies can begin strip-mining the world’s oceans for critical metals despite concerns about the impacts.
The emphasis on lifting earnings is prompting more Japanese companies to boost investments abroad.
BUSINESS / Companies
Jul 30, 2024

Japan corporate cleanup fuels appetite for record debt sales

Japanese corporate dollar bonds have been outperforming U.S. peers, and borrowers have piled into the market with record issuance in recent months.
Harley-Davidson motorcycles on display in Tokyo. Japan's antitrust watchdog has raided the manufacturer's Japan unit for allegedly imposing excessive sales quotas on its dealers.
JAPAN
Jul 30, 2024

Harley-Davidson's Japan unit raided after quotas force dealers into hardship

The motorcycle manufacturer's unit in Tokyo is also suspected of having dealers buy Harley-Davidson models that they did not want.
U.S. Vice President Kamala Harris might maintain some of the economic policies of former President Donald Trump.
BUSINESS / Economy / FOCUS
Jul 30, 2024

A President Harris might be decidedly Trumpy in approach to Asia trade

The efforts to contain China economically is a common theme that is likely to be maintained after the election.

Longform

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