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The Japan Tourism Agency will launch a model project to support accommodation operators working to turn around their businesses.
BUSINESS
Jan 13, 2025

Japan to launch model project helping struggling accommodation owners

Know-how gained from the project will be compiled into guidelines by the Japan Tourism Agency as a reference for other operators.
Cleveland-Cliffs and Nucor may launch a joint bid for United States Steel after Nippon Steel's bid was blocked by U.S. President Joe Biden earlier this month.
BUSINESS / Companies
Jan 14, 2025

Cleveland-Cliffs and Nucor consider joint bid for U.S. Steel

An offer would involve Cleveland-Cliffs acquiring most of U.S. Steel and Nucor taking its so-called mini-mill assets, a source says.
Multiple fires cover the skyline with smoke in Los Angeles on Wednesday.
OLYMPICS
Jan 14, 2025

Devastating LA fires prompt 2028 Olympics debate

California Gov. Gavin Newsom has said that planning for the 2028 Olympics and the FIFA World Cup in 2026 is on track.
International Gymnastics Federation chief Morinari Watanabe in Tokyo on Thursday
OLYMPICS
Jan 14, 2025

IOC long shot Watanabe hopes 'crazy' Olympic idea sparks debate

Morinari Watanabe is proposing to host the Games simultaneously in five cities across five continents.
The Nvidia headquarters in Santa Clara, California
BUSINESS / Tech
Jan 14, 2025

White House unveils new curbs on exporting Nvidia AI chips

The rules, which are set to take effect in one year, establish caps on the amount of computing power that can be sold to most countries.
SoftBank's Arm Holdings may be interested in taking over chip designer Ampere Computing.
BUSINESS / Companies
Jan 14, 2025

SoftBank's chip designer Arm considers acquiring Ampere Computing

Oracle-backed Ampere makes processors for data center machinery using Arm’s technology.
The 40-year JGB yield rose as much as 3 basis points to 2.755%, the highest since 2007 when the bonds were sold for the first time.
BUSINESS / Economy
Jan 14, 2025

Japan’s 40-year yield rises to highest since debut in 2007

Japan’s 20-year yield also rose to its highest since May 2011 this morning after the nation’s markets reopened following a public holiday on Monday.
Members of the Eastern Theater Command of the Chinese People's Liberation Army were visiting their Japanese counterparts and senior Japanese defense officials from Monday through Friday, Yoshimasa Hayashi said on Tuesday during a news conference at the Prime Minister's Office.
JAPAN / Politics
Jan 14, 2025

Japan hosts Chinese military delegation in rare visit

The trip was organized after the Japanese and Chinese defense ministers met in November in Laos.
U.S. Steel’s Edgar Thomson Steel Works in Braddock, Pennsylvannia, in 2019. Nippon Steel and U.S. Steel face significant legal challenges in their case against the United States.
BUSINESS / Companies
Jan 15, 2025

Nippon Steel’s case against Biden probably unwinnable, attorneys argue

A U.S. president's rejection of a deal following review by the Committee on Foreign Investment in the United States has only been successfully challenged once.
Bank of Japan Gov. Kazuo Ueda
BUSINESS / Economy
Jan 15, 2025

BOJ’s Ueda joins deputy chief in flagging chance of January hike

Following Ueda’s remarks, the yen strengthened as much as 0.4% to ¥157.34 against the dollar.
China has increased provocations against Japan under Prime Minister Shigeru Ishiba's weak leadership, exploiting political instability to push its agenda, including military incursions, cyberattacks and other forms of coercion.
COMMENTARY / Japan
Jan 14, 2025

China seizes opportunities amid Ishiba’s weak leadership

China is also no longer hesitant to send its aircraft carrier group through narrow straits in the southernmost Nansei Islands to conduct drills.
Suzuki Motor President Toshihiro Suzuki (right) listens to explanations on the use of cow feces as fuel for cooking in Gujarat, western India, on Dec. 25.
BUSINESS / Companies
Jan 15, 2025

Suzuki Motor eyes cow feces for biogas fuel in India

The automaker is exploring means other than electric vehicles for realizing carbon neutrality.
If it is banned in the United States, TikTok plans that users attempting to open the app will see a pop-up message directing them to a website with information about the ban.
BUSINESS / Companies
Jan 16, 2025

TikTok preparing to shut down app in U.S. on Sunday, sources say

U.S. President-elect Donald Trump is reportedly considering issuing an executive order to suspend enforcement of a shutdown for 60 to 90 days.
U.S. President Joe Biden meets with President-elect Donald Trump at the White House in Washington in November last year.
WORLD / Politics / ANALYSIS
Jan 16, 2025

Biden to hand unfinished agenda to Trump for a chaotic Middle East

Joe Biden's Middle East record is likely to be remembered not so much for how conflicts ended on his watch, but mainly for how they unfolded.
Fans wait in line to meet Webtoon Entertainment creators during the company’s initial public offering at the Nasdaq Market site in New York in June 2024.
BUSINESS
Jan 16, 2025

Webtoon invests in Japanese webcomic studio No. 9 as manga booms

Webtoon’s first investment since its U.S. initial public offering in June is meant to strengthen its content pipeline in Japan.
Hino Motors was charged with fraud in the U.S. District Court in Detroit for unlawfully selling 105,000 heavy-duty diesel engines in the United States from 2010 through 2022 that did not meet emissions standards.
BUSINESS / Companies
Jan 16, 2025

Hino Motors reaches $1.6 billion U.S. diesel emissions settlement

Hino said it booked an extraordinary loss of ¥230 billion in its second quarter results in October to cover the expected costs of resolving the litigation.
Chiefs quarterback Patrick Mahomes is hoping to lead his team to an unprecedented third straight Super Bowl title.
MORE SPORTS / Football
Jan 16, 2025

Chiefs set to begin quest for three-peat with matchup against Texans

Chiefs quarterback Patrick Mahomes is 6-0 during the divisional round in his career.
U.K. Secretary of State for Defence John Healey (center left) shakes hands with Defense Minister Gen Nakatani (center right) at the Ministry of Defence in London on Wednesday.
JAPAN / Politics
Jan 16, 2025

Japan and U.K. defense chiefs talk of deepening ties as fighter program progresses

Defense Minister Gen Nakatani and his British counterpart backed the quick formation of a joint venture for developing their new fighter jet with Italy.
KKR is discussing investing several hundred billion yen for an equity stake in the operator of 7-Eleven convenience stores.
BUSINESS / Companies
Jan 16, 2025

KKR considers joining Seven & I management buyout after Apollo

The U.S. firm is discussing investing several hundred billion yen for an equity stake in the operator of 7-Eleven convenience stores.
The producer price index in 2024 rose 2.3% from the previous year to 122.6, against 100 for the base year of 2020, a Bank of Japan report showed Thursday. The index was up for the fourth year in a row.
BUSINESS / Economy
Jan 16, 2025

Japan's producer price index hit record high in 2024

The producer price index, which measures the costs of goods traded between companies, rose 2.3% from the previous year to 122.6.
One of the brighest spots of Japan's indie gaming landscape in 2024 was Sonokuni, and with more incubators and other avenues of support springing up, there may be more games like it in the future.
LIFE / Digital / ON: GAMES
Jan 21, 2025

Japan-made games part of a rising tide of indie greatness

With games developed by lone individuals rivaling the quality of major studios, it's time to reconsider what makes an indie game indie.
The TikTok ban results from an April law signed by President Joe Biden and is the first time the United States has attempted to shut down access to an app with such a large user base — roughly 170 million domestic users.
BUSINESS / Tech
Jan 17, 2025

How a TikTok ban would work — and why user workarounds won't

TikTok reportedly plans to shut down the service and will show users a message about the law and offer to let them download their personal data.
The prospect of a TikTok ban has already triggered some users to seek alternatives, with Chinese social media app RedNote gaining nearly 3 million U.S. users in one day earlier this week.
BUSINESS / Companies
Jan 17, 2025

TikTok's fight against going dark gains support from key U.S. lawmakers

A law passed in April mandates owner ByteDance to divest TikTok's U.S. assets by Sunday to a non-Chinese buyer, or be banned on national security concerns.
Many of the economists noted the interest rate hike is likely unless Donald Trump jolts global financial markets, after he returns to the White House four days before the Bank of Japan’s policy decision.
BUSINESS / Economy
Jan 17, 2025

More than 70% of BOJ watchers expect a rate hike next week

BOJ Gov. Kazuo Ueda reinforced his deputy’s message this week that his board will consider a rate hike at the meeting, boosting the yen and expectations for action.
A bus driver turns people away after filling his vehicle with Ukrainian evacuees who have just crossed the border in Medyka, Poland, in February 2022.
BUSINESS / Economy / ANALYSIS
Jan 17, 2025

Ukrainian migrant exit could squeeze Eastern Europe's economies

Ukrainian workers have helped the region's manufacturing and export-driven economies expand quickly.
SpaceX's Starship rocket after launching from South Padre Island near Brownsville, Texas, on Thursday.
BUSINESS / Companies
Jan 17, 2025

SpaceX's Starship breaks up in space, forcing flights to divert

Video footage showed orange balls of light streaking across the sky over the Haitian capital of Port-Au-Prince, leaving trails of smoke behind.
Komeito Secretary-General Makoto Nishida (left) and Liberal Democratic Party Secretary-General Hiroshi Moriyama (center) hold talks with Chinese State Councilor and Foreign Minister Wang Yi in Beijing on Tuesday.
EDITORIALS
Jan 17, 2025

A moment of opportunity for Japan-China relations

While the outcome of the Japan-China meeting is important, it must not compromise Japan's national interests.
Supporters of U.S. President Donald Trump in Tokyo march ahead of the inauguration of then President-elect Joe Biden on Jan 20, 2021.
COMMENTARY / Japan
Jan 17, 2025

Japan has nothing to fear from Trump — except in maybe one area

Japan is far better positioned in the areas most important to Trump than many other countries. If Shinzo Abe were still alive, Japan would be in a great place.
Japan’s primary balance is once again set to miss its long-standing target of achieving a balanced budget by the year ending March 2026.
BUSINESS
Jan 17, 2025

Japan now expects to miss its 2025 primary balance goal

The primary balance, which excludes interest payments on public debt, is projected to remain in the red with a deficit of around ¥4.5 trillion.
The average figure of winter bonuses agreed on by labor unions and employers stood 4.93% higher than a year earlier.
BUSINESS / Companies
Jan 17, 2025

Major Japanese firms pay record winter bonuses

The average went up year on year in 18 of 21 industry sectors.

Longform

Passengers that were on a morning train attacked by members of the Aum Shinrikyo group wait for medical assistance outside Kasumigaseki Station on March 20,1995.
The day a religious cult brought terror to Tokyo