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March 24, 2025
 

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A worker drives past residential buildings under construction by Chinese real estate developer Vanke in Hangzhou, in eastern China's Zhejiang province. The indebted Chinese property developer warned on Monday that it incurred major losses in 2024, a filing at the Hong Kong Stock Exchange showed.
BUSINESS / Companies
Jan 28, 2025

Rare China support shows Vanke may be too big to fail

The unusual support shows that Vanke holds a special place within China’s moribund property sector.
The government has nominated Waseda University professor Junko Koeda to join the Bank of Japan’s policy board at the end of March.
BUSINESS
Jan 28, 2025

Ishiba’s government taps academic Koeda to join BOJ board

In 2022, Koeda argued in a column in the Nikkei newspaper that it’s important to look at the negative impact of prolonged ultralow interest rates.
The flags of Panama and China are seen during a meeting held with Chinese and Panamanian companies to sign several trade agreements, in Panama City, Panama, on Aug. 26, 2024.
WORLD / Politics
Jan 28, 2025

U.S. has options to address Chinese influence in Panama, U.S. official says

Trump has previously refused to rule out the possible use of military force, drawing criticism from Washington's Latin American friends and foes alike.
A government panel said Norinchukin Bank's huge losses stemmed from excessive investments in foreign bonds.
BUSINESS
Jan 28, 2025

Norinchukin urged to tap outside expertise and diversify portfolio after losses

A government panel has advised the bank to increase members of its board with experience in financial markets, including from outside the organization.
Members of the media raise their hands for questions as outgoing Fuji TV President Koichi Minato attends a news conference in Tokyo on Monday.
JAPAN / Explainer
Jan 28, 2025

What we learned at Fuji TV's marathon Nakai scandal news conference

Longtime executive of Fuji TV Hisashi Hieda, who has been dubbed the “emperor” of the broadcaster, was not present at the news conference and did not resign.
Prime Minister Shigeru Ishiba attends an ordinary session of parliament along with his Cabinet ministers on Friday. Ishiba has toned down his stance on legally allowing married couples to have separate surnames.
JAPAN / Politics / FOCUS
Jan 28, 2025

Ishiba tones down stance on dual-surname debate

While previously being all in favor of a dual-surname system, the prime minister has recently suggested considering a "compromise" of legally expanding the use of maiden names.
SoftBank’s Masayoshi Son has said the firm plans to invest $100 billion in the U.S. over the next four years.
BUSINESS / Tech
Jan 29, 2025

SoftBank in talks to lead $500 million AI robotics funding

The startup Skild is developing software that will allow robots to perform increasingly complicated tasks.
Protestors rally to oppose U.S. President Donald Trump's order to pause all federal grants and loans, in Washington on Tuesday.
WORLD / Politics
Jan 29, 2025

Trump’s spending halt spawns day of chaos before getting blocked

Trump's order seemed to touch on a wide swath of programs running the gamut from anti-poverty initiatives to medical research.
Prime Minister Shigeru Ishiba (second from right) at a press event in Tokyo on Junglia Okinawa, a new theme park that will open in northern Okinawa Prefecture in July
BUSINESS / Companies
Jan 29, 2025

Junglia Okinawa theme park to open July 25

Junglia will have 22 attractions including "Dinosaur Safari," in which visitors can enjoy the thrill of being chased by a dinosaur.
Underneath the praise, Washington, Wall Street and Silicon Valley are aligned in their view of DeepSeek as a key competitor to Meta’s Llama.
BUSINESS / Tech
Jan 29, 2025

DeepSeek tests Meta’s ambition for U.S. open-source AI dominance

Mark Zuckerberg has long championed Meta’s open-source approach to artificial intelligence software as key to ensuring U.S. dominance over China in AI.
Though vegan restaurants have been on the upswing since 2017, Japanese vegans still lack a wide variety of options.
ENVIRONMENT / Sustainability / OUR PLANET
Jan 29, 2025

In meat- and fish-loving Japan, veganism is making a comeback

Tourism, climate goals and animal rights concerns are sparking a plant-based renaissance in a country famous for sushi and pork ramen.
Bank of Japan Gov. Haruhiko Kuroda during a news conference at the central bank's headquarters in Tokyo on Oct. 31, 2014
BUSINESS / Economy
Jan 29, 2025

BOJ policymakers divided over additional easing in Oct. 2014

The actions taken as a result of the meeting took market players by surprise, sending the yen lower against the dollar and Japanese stocks higher.
China's DeepSeek artificial intelligence app. The app’s success has shown China’s potential to surprise with even bigger breakthroughs.
BUSINESS / Tech
Jan 29, 2025

DeepSeek shows China playbook for even bigger U.S. shock on chips

The question now is how exactly the Hangzhou-founded company pulled it off — and what it means for American efforts to stay ahead of China in the tech race.
People were more concerned about the direct and specific impact of the Bank of Japan's latest rate hike on their personal lives, according to an artificial intelligence-driven analysis of various platforms, including social media.
BUSINESS / Economy
Jan 29, 2025

Japan begins feeling the pain of BOJ rate hikes more concretely

As time goes on, the BOJ’s rate increases appear to be having a stronger impact on people’s everyday lives, shifting from more abstract concepts to more concrete effects.
With China's growing military threat against Taiwan, experts argue that real deterrence — such as increased training ties with Japan, the U.S. and other nations — may be necessary to prevent an invasion and protect regional stability.
COMMENTARY / Japan
Jan 29, 2025

How to secure Taiwan as drumbeats of a looming invasion grow louder

It is high time to get creative for real deterrence to protect the democratic island.
Economic coercion has become a prominent tool in global geopolitics, with both China and the U.S. relying on it to pursue their policy goals, and more so with Donald Trump now in office.
COMMENTARY / World
Jan 28, 2025

When big countries wave their big economic sticks

There is no agreed definition of economic coercion under international law; like pornography, we know it when we see it.
DeepSeek’s latest R1 model was built with just $6 million in raw computing power and inferior AI chips, a fraction of the money and resources spent by firms like OpenAI and Alphabet’s Google.
COMMENTARY / World
Jan 28, 2025

Deepseek shows Silicon Valley’s huge blindspot on AI

OpenAI and others have coasted along believing money was their moat. It’s not.
Frustrated by policy uncertainty and modest stimulus, investors are shifting from long-term bets to short-term trades in China.
BUSINESS / Markets
Jan 29, 2025

Growth engine or casino? Global investors rethink China playbook

Investor uncertainty and policy shifts have fundamentally changed how analysts and money managers view China’s markets.
Nidec announced its takeover bid for machine manufacturer Makino Milling Machine without first making a proposal. Such nonconsensual takeover bids are increasing.
BUSINESS / Companies
Jan 29, 2025

Japanese ministry opens door to taboo corporate takeovers

It used to be common for takeover bids to be launched after both sides reached an agreement in behind-the-scenes negotiations.
Customers walk past an Apple logo inside an Apple store in New York in 2018.
BUSINESS / Tech
Jan 30, 2025

Apple and SpaceX link up to support Starlink network on iPhones

In an under-the-radar move, the latest iPhone software update now supports Starlink satellite technology.
Nissan said Wednesday that it will move to a single shift from mid-April at one production line in each of two U.S. factories, and seek an unspecified number of voluntary buyouts or early retirements.
BUSINESS / Companies
Jan 30, 2025

Nissan plans job and output cuts at U.S. vehicle assembly plants

Nissan has pledged to cut 9,000 jobs globally and reduce production capacity by 20%.
The Bank of Japan's phasing out of its fund-provisioning program underscores Gov. Kazuo Ueda’s determination to slowly but steadily proceed with the normalization of policy after more than a decade of radical monetary easing.
BUSINESS
Jan 30, 2025

BOJ to shrink balance sheet by around ¥77 trillion with end of loan program

All outstanding loans from the central bank's fund-provisioning program to stimulate bank lending are expected to be wiped off its books by March 2028.
Masayoshi Son's SoftBank Group is in talks to invest as much as $25 billion in OpenAI.
BUSINESS / Companies
Jan 30, 2025

SoftBank in talks to invest up to $25 billion in OpenAI

SoftBank has already committed $15 billion to Project Stargate, a joint venture with OpenAI to build data centers and other AI infrastructure.
The Deepseek and Alibaba app icons. Alibaba released a new version of its Qwen 2.5 artificial intelligence model on Wednesday, stating it surpasses the highly acclaimed DeepSeek-V3.
BUSINESS / Tech
Jan 30, 2025

Alibaba releases AI model it says surpasses DeepSeek-V3

The unusual timing of the release points to the pressure Chinese AI startup DeepSeek's meteoric rise in the past three weeks has placed on domestic competition.
McLaren chief Zak Brown celebrates after driver Lando Norris' win in the Abu Dhabi Grand Prix.
MORE SPORTS / Auto Racing
Jan 30, 2025

McLaren boss envisions four-way battle for title during 2025 Formula One season

McLaren was crowned constructors' champion last season for the first time in 26 years
Colombian President Gustavo Petro
BUSINESS / Markets
Jan 30, 2025

Trump’s nine-hour economic war on Colombia rattles markets

Trump’s more strategic than his first term, and governments across the globe are in a weaker position after their budgets were upended by the COVID-19 pandemic.
The Lower House Budget Committee vote to summon Jun Matsumoto, a former LDP faction's accountant, in Tokyo on Thursday.
JAPAN / Politics
Jan 30, 2025

Budget Committee votes to summon former LDP faction accountant

The move ends a stalemate between the LDP and opposition parties, the latter of which had conditioned the start of budget deliberations on the inquiry.
The latest projection underscores the growing financial strain Japan will likely face amid anticipated additional rate hikes by the Bank of Japan.
BUSINESS / Economy
Jan 30, 2025

Japan sees debt-service costs jumping 25% by 2028 as BOJ hikes

The latest projection underscores the growing financial strain Japan will likely face amid anticipated additional rate hikes by the central bank.
The Finance Ministry raised its economic assessment for Hokkaido while keeping it unchanged for the remaining 10 of the country's 11 regions covered in the report.
BUSINESS / Economy
Jan 30, 2025

Japan's Finance Ministry raises its economic view for Hokkaido

On consumption, the ministry left its assessments unchanged for 10 regions, while upgrading its view for Hokkaido.
Honda and Nissan announced in December that they plan to unite both brands under a single holding company.
BUSINESS / Companies
Jan 30, 2025

Case for Honda-Nissan tie-up strengthened as sales fall at both automakers

In the competitive China market, Nissan’s sales fell 12% last year while Honda saw a 30% decline.
Trump plans his tariff ‘Liberation Day’ with more targeted push
U.S. President Donald Trump walks toward Air Force One in Morristown, New Jersey, on Saturday.
OpenAI study finds links between ChatGPT use and loneliness
San Francisco-based OpenAI sees the new studies as a way to get a better sense of how people interact with, and are affected by, its popular chatbot.
Stay at home if Mount Fuji erupts, government panel says
Mount Fuji in November. For the first time, the government has released specific guidelines on how residents should act in the event that Mount Fuji erupts.
China's restaurants race to the bottom in deflation-hit economy
A kitchenware recycling team collects equipment at a closed hotpot restaurant in Beijing last month.
Japan, China and South Korea agree to promote peace and cooperation
Chinese Foreign Minister Wang Yi (left), Japanese Foreign Minister Takeshi Iwaya (center) and South Korean Foreign Minister Cho Tae-yul pose for the cameras during a trilateral meeting in Tokyo on Saturday.
Japanese wages likely to rise more than 5% again this year
Wages are set for another big increase this year as annual negotiations secure generous agreements.
Stay at home if Mount Fuji erupts, government panel says
Mount Fuji in November. For the first time, the government has released specific guidelines on how residents should act in the event that Mount Fuji erupts.
In pictures: Tokyo's weeklong celebration of baseball's best
Shohei Ohtani belts a home run in the fifth inning of the second game of the Tokyo Series between the Dodgers and Cubs.
What's the fuss over Ishiba's gift vouchers?
Prime Minister Shigeru Ishiba waits for a session of the House of Councillors Budget Committee to begin in Tokyo on Friday.
At Tokyo Dome, a stage so big that even Shohei Ohtani felt nervous
Shohei Ohtani tips his batting helmet during the opening game of the MLB season between the Dodgers and Cubs on Tuesday at Tokyo Dome

Podcast

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

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
By Alex K.T. Martin

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