#TOKYO News

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China and India battle for leadership of Global South

nikkei.com TOKYO -- Countries of the Global South are in the spotlight amid deepening political confrontation between the West and the China-Russia camp. In many cases, these countries…

Japan's hourly wages up 12% in 10 years but, can it last?

nikkei.com TOKYO -- Wage growth in Japan has stalled over the past 10 years, due to Japan's weak economic growth over the period. Measured on an hourly basis, however, wages have risen…

Ukraine war brings inflation into focus for contact lenses in Japan

nikkei.com TOKYO -- Contact lens prices are rising in Japan, and the war in Ukraine is partly to blame. In Tokyo, the average retail price of a box of 90 soft contact lenses stood at…

‘Tetris’ Director Jon S. Baird Improved His Game While Making the Movie: ‘I Am Now Much Better’

thewrap.com Not the game of colorful blocks falling from the sky, but the new feature film about how the rights to “Tetris” were maneuvered out of the former Soviet Union by an American…

JOLED to keep R&D arm alive under Japan Display: president

nikkei.com TOKYO -- Japanese display maker JOLED, which filed for bankruptcy protection this week, intends to pursue research and development under the auspices of industry peer Japan…

Japan delays next H-IIA launch, grounding all space rockets

nikkei.com TOKYO -- Japan's planned May launch of its large H-IIA rocket will be postponed until at least August, the country's space agency announced Friday. The Japan Aerospace…

Japan and China set up hotline to prevent maritime, air clashes

nikkei.com TOKYO -- A hotline linking the Japanese and Chinese defense authorities has been completed, the Ministry of Defense here said Friday, part of an effort to prevent accidental…

Tokyo bourse tells Toyota, SoftBank, others to lift capital efficiency

nikkei.com TOKYO -- The Tokyo Stock Exchange on Friday urged companies with low price-to-book ratios to start focusing on using capital more efficiently, as a P/B ratio of less than 1…

2 Top-Notch Tech Stocks That Won't Break the Bank

entrepreneur.com The tech industry is expected to flourish this year amid rising expenditure and the wide adoption of digital technologies. Hence, it could be wise for investors to buy…

Japan joins the US and Europe in chipmaking curbs on China

cnn.com Japan will restrict the overseas sale of chip manufacturing equipment, joining the United States and the Netherlands in curbing the export of key technology to China. The…

Gerhard Richter’s Gifts for a New Museum in Berlin Go on Show

nytimes.com “MV 133,” a 2011 work made by painting over a photograph, is one of the works in “Gerhard Richter: 100 Works for Berlin” at the Neue Nationalgalerie. One hundred works by…

Japan FM to visit China as Tokyo imposes new export controls

go.com TOKYO -- Japanese Foreign Minister Yoshimasa Hayashi said Friday he will visit China this weekend for talks with his counterpart Qin Gang, becoming Japan's first top…

Morning Bid: Dogged inflation shades rebound

reuters.com A look at the day ahead in U.S. and global markets from Mike Dolan Global investors seem keen to put the March bank shock behind them, but inflation's grim persistence makes…

Why Is $18-A-Loaf Japanese ‘Shokupan’ Milk Bread So Popular?

forbes.com It is just a loaf of bread. You feel a little guilty and upset that you paid $18 for it. But you also feel lucky to get the sought-after goody that is constantly sold out.…

BTS’ Suga to Star in Disney+ Doc ‘SUGA: Road to D-Day’

billboard.com BTS‘ Suga hits the road in the 30-second teaser for an upcoming solo documentary slated to air on Disney+ and Weverse. The K-pop superstar is front and center in the clip…

Japan to restrict chipmaking equipment exports, with eye on China

nikkei.com TOKYO -- The Japanese government announced on Friday that 23 items, including advanced semiconductor manufacturing equipment, will be added to the list of items subject to…

Oscar-Winner Guneet Monga Sets Amazon Mini TV Show ‘Gutar Gu’

variety.com Amazon MiniTV, a free-of-charge service within the Amazon shopping app and on Fire TV, will next month begin airing short-form teen romance series “Gutar Gu.” The show is…

Japan Restricts Semiconductor-Equipment Exports as Ties With China Chill

wsj.com TOKYO—Japan said it would restrict the export of advanced semiconductor equipment, a measure that could hamper development of China’s industry and marks a further cooling of…

Stocks Edge Higher, PCE Inflation Focus, Fed Lending Slows, First Republic Probe, Trump Indictment

thestreet.com Stock futures bump higher ahead of inflation data; Fed inflation gauge may not provide support for rate cut bets; Fed lending to banks eases slightly, balance sheet shrinks;…

Asia Stocks Buoyed by Fading Banking Fears, China Services

asiafinancial.com Asian shares edged ahead on Friday with the mood remaining upbeat as the threat of a global banking crisis continued to fade and positive data out of China boosted sentiment…

Japan imperial family's PR team revamp taps private sector

nikkei.com TOKYO -- The agency overseeing the affairs of Japan's imperial family will tap the private sector for its newly organized public relations arm, tasked with showing the…

Asian stocks follow Wall St up ahead of US inflation update

apnews.com Asian stocks followed Wall Street higher Friday ahead of a United States inflation update traders hope might prompt the Federal Reserve to ease plans for more interest rate…

Japan companies' stock buybacks soar to highest in 16 years

nikkei.com TOKYO -- Share buybacks by Japanese companies will reach their highest level in 16 years in the fiscal year ending this month, topping 9 trillion yen ($67.6 billion) and…

Take Five: Springing into action

reuters.com [1/2] A "Now hiring" sign is displayed on the window of an IN-N-OUT fast food restaurant in Encinitas, California, U.S., May 9, 2022. REUTERS/Mike Blake/File Photo March…

Asian shares ride high in Q1 but keep vigil on inflation

investing.com Asian shares were headed for a second quarterly gain on Friday while bonds were enjoying the best month since 2008, but the market was braced for a stormy session after an…

Japan to ease COVID rules for visitors from China on April 5

nikkei.com TOKYO -- Travelers to Japan from China with proof of three or more COVID-19 vaccine doses will not need to submit negative test results, starting on April 5. Prime Minister…

Japan to restrict chipmaking equipment exports as it aligns with US China curbs

reuters.com Japan's government on Friday said it plans to restrict exports of 23 types of semiconductor manufacturing equipment, aligning its technology trade controls with a U.S. push…

Japan to restrict chipmaking equipment exports as it aligns with U.S. China curbs

yahoo.com Japan's government on Friday said it plans to restrict exports of 23 types of semiconductor manufacturing equipment, aligning its technology trade controls with a U.S. push…

Japan restricts semiconductor tool exports as China chip war intensifies

ft.com Tokyo aligns with Washington in move expected to significantly curtail activity by Beijing

Dollar to log quarterly drop as rate hike bets recede

reuters.com The dollar tracked toward a second consecutive quarterly loss on Friday, as investors see U.S. interest rates close to peaking and expect the dollar's yield advantage is in…

Asian shares ride high in Q1 but steel for U.S. inflation data

reuters.com Asian shares were headed for a second quarterly gain on Friday while bonds were enjoying the best month since 2008, but the market was braced for a stormy session after an…

One of the world’s richest men knows why Silicon Valley Bank really failed: ‘People on iPhones’

yahoo.com Since the fall of Silicon Valley Bank, experts and market watchers have openly worried that the collapse of that institution, along with Signature Bank and Silvergate Bank,…

This chef of a 3-Michelin-starred restaurant has a philosophy that can be applied to any career

cnbc.com Chef Shinobu Namae was awarded the "Icon" award for his contributions to the food world at the Asia's 50 Best Restaurants 2023. Shinobu Namae's entry into the culinary world…

U.K. accepted as 12th member of CPTPP trade bloc

nikkei.com TOKYO -- Trade officials from the 11 member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership on Friday agreed on the U.K.'s entry, a…

University of Tokyo taps ex-BlackRock exec to triple alternative investments

nikkei.com TOKYO -- The University of Tokyo will triple the share of alternative investments like private equity and real estate in its portfolio to around 60%, aiming to boost funding…

Ken Griffin's hedge fund Citadel plans return to Tokyo

nikkei.com NEW YORK -- U.S. hedge fund Citadel, led by billionaire investor Ken Griffin, has decided to reopen an office in Tokyo after closing the branch following the 2008 global…

Joe McGuire, Veteran Stage Manager, Dies at 66

variety.com Veteran stage manager Joseph E. McGuire II died on March 10 due to natural causes in his New York City home. He was 66. Born in Worcester, Mass., he graduated from Catholic…

Julie Bowen Explains Flirty Sign at Harry Styles Concert: ‘I Could Show Him a Good Time’

billboard.com Like countless other fans over the years, Julie Bowen put her hat in the ring for Harry Styles‘ heart at one of his recent concerts. Her homemade sign at the 29-year-old pop…

Tsurune’s anime spin on archery will send the mind racing through time

polygon.com In a nameless town on the border of urban and rural life, at a nondescript high school like any other, arrows pierce through the idyllic landscape, hitting their targets and…

Emerging-market stocks fall behind as China and India disappoint

nikkei.com TOKYO -- Stocks in emerging economies are underperforming those in industrialized nations due to lower-than-expected economic growth in China and India as well as the…

Blackstone's CEO says that Silicon Valley Bank failed because of 'people on iPhones' and contagion won't spread to the rest of the finance sector

fortune.com After the fall of Silicon Valley Bank, experts and market watchers have openly worried that the collapse of that institution, along with Signature Bank and Silvergate Bank,…

Honeybees help gather data about a city's health

theweek.com Analyzing honeybees could provide key insight into a city's microbiome as well as the health of its people, according to a study published in the journal Environmental…

Japan to further ease COVID rules for visitors from China

nikkei.com TOKYO -- Visitors to Japan from China with proof of three or more COVID-19 vaccine doses will not need to submit negative test results, starting as soon as early April.…

Nippon Steel India JV to receive $5bn in Japanese loans for expansion

nikkei.com TOKYO -- The government-backed Japan Bank for International Cooperation plans to finance the bulk of Nippon Steel's $5 billion capacity expansion at an Indian joint venture,…

The cast of the ‘Scott Pilgrim’ movie returns for Netflix anime

techcrunch.com Netflix is adapting the “Scott Pilgrim” comic books into an anime series, which is exciting in its own right, but fans of the movie “Scott Pilgrim vs. The World” are in for…

Collectible toymaker Good Smile has secretly financed 4chan for years

polygon.com Japanese toymaker Good Smile Company has been financing the controversial, often hate-filled message board 4chan, according to new documents uncovered by Wired. The toy…

Hong Kong turns to Japan for advice after ‘mind-boggling’ Web3 influx

cointelegraph.com In light of Hong Kong’s commitment to developing cryptocurrency infrastructure, a FinTech official King Leung has visited Japan to talk with policymakers and regulators in…

Tokyo-Nagoya expressway will have self-driving lane next year

nikkei.com TOKYO -- A section of Japan's busiest expressway connecting Tokyo and Nagoya will be set aside for self-driving trucks in 2024 as part of government plans to cope with a…

A $3 Trillion Threat to Global Financial Markets Looms in Japan

yahoo.com None New Yorkers Are Moving to These Three Florida Cities Bank of Japan Governor Haruhiko Kuroda changed the course of global markets when he unleashed a $3.4 trillion…

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