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November 24, 2024
 

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Mercedes team principal Toto Wolff and his wife, F1 Academy chief Suzie Wolff, at the Saudi Arabia Grand Prix in March 2022
MORE SPORTS
Dec 8, 2023

FIA drops compliance probe into Toto and Susie Wolff

FIA had caused a stir when it announced it was looking into media speculation about a potential conflict of interest.
U.S. prosecutors accused Amit Patel, the Jacksonville Jaguars' former manager of financial planning and analysis, of stealing the money to fund a luxurious lifestyle
MORE SPORTS
Dec 8, 2023

Ex-Jaguars executive accused of stealing $22 million from team

U.S. prosecutors accused Amit Patel, the team’s former manager of financial planning and analysis, of stealing the money to fund a luxurious lifestyle.
A monitor at a foreign exchange transaction firm in Tokyo shows the yen strengthening to ¥141 to the dollar early Friday. Comments from BOJ Gov. Kazuo Ueda on Thursday, along with remarks from one of his deputies on Wednesday, jolted financial markets in Tokyo and globally.
BUSINESS / Markets
Dec 8, 2023

Yen extends rally to second day as traders bet on early BOJ hike

The rally in the yen spilled over into a second day as traders wagered that the Bank of Japan will scrap the world’s last negative interest-rate regime much sooner than previously thought.
The Bank of Japan headquarters in Tokyo. Half of the 52 economists surveyed by Bloomberg said the central bank will scrap its negative rate in April, up from 29% in the October survey.
BUSINESS
Dec 8, 2023

Most BOJ watchers predict end of negative rate regime by April

"The most beautiful scenario is the end of the negative rate in April”
Toshiba and Rohm said Friday they will collaborate in the power semiconductor business, planning to spend a combined ¥388.3 billion to expand their production with one-third of the outlay covered by the industry ministry.
BUSINESS / Companies
Dec 8, 2023

Toshiba, Rohm to invest $2.7 billion to jointly produce power chips

The latest partnership is what the industry ministry has hoped for out of concerns that the country's power chip industry is too fragmented.
A Honda N-Box. The model is among a number affected by a recall announced by Honda on Friday.
BUSINESS / Companies
Dec 8, 2023

Honda to recall 1.13 million vehicles over defective fuel pumps

The fuel pumps were made by auto parts maker Denso, informed sources said.
After more than 33 hours of negotiations this week, delegates from the European Commission, the European Parliament and 27 member countries agreed to a set of controls for generative artificial intelligence tools.
BUSINESS / Tech
Dec 9, 2023

EU strikes deal to regulate AI tech in landmark act

The bloc’s internal market chief said the deal strikes a balance between fostering innovation and protecting the rights of people and companies.
Shipping containers at a commercial port in Vladivostok, Russia, in August
BUSINESS
Dec 9, 2023

Putin's economic challenges are numerous — but surmountable — as election looms

Russia's success in evading a Western oil price cap is helping drive a recovery in economic growth.
Delegates arrive at Dubai's Expo City during COP28 on Saturday
ENVIRONMENT / Climate change
Dec 9, 2023

Oil is everywhere at COP28, vexing those seeking its demise

To many of the activists in attendance, the prominence of the oil and gas industry is a travesty.
A wheat farm outside Scott City, Kansas
BUSINESS
Dec 10, 2023

U.S. raises wheat-export forecast with China buying most in decade

American shipments of the soft red winter wheat variety will rise to the biggest in a decade, reflecting "several large recent export sales” to China.
Shakhtar Donetsk players celebrate defender Mykola Matviyenko scoring the opening goal against Antwerp during a UEFA Champion's League Group H match in Hamburg on Nov. 28.
SOCCER
Dec 11, 2023

War-torn Shakhtar Donetsk looks to Saudi Arabia for financial boost

Deals with clubs in the Saudi Pro League may lead to lucrative player transfers and exhibition matches in the Gulf nation next season.
Split over the leadership of Sam Altman, board members and executives at OpenAI turned on one another. Their brawl exposed the cracks at the heart of the artificial intelligence movement.
BUSINESS / Tech
Dec 11, 2023

Inside OpenAI’s crisis over the future of artificial intelligence

From the moment it was created in 2015, OpenAI was primed to combust.
A tourist poses for a photograph under signs for karaoke nightclubs in the Mong Kok district of Hong Kong. The government crackdown on neon signs stems from safety and environmental concerns, but the campaign evokes the fading of the city itself.
ASIA PACIFIC / Society
Dec 11, 2023

Where did all the Hong Kong neon go?

A government crackdown on neon signs stems from safety and environmental concerns, but the campaign evokes the fading of the city itself.
Bernadett Vejkey, marketing manager at Addionics, holds up a sheet of a porous, three-dimensional copper anode the battery materials startup has developed for electric vehicle batteries, at the company's lab in London.
BUSINESS / Companies
Dec 11, 2023

Fear of cheap Chinese EVs spurs dash for affordable cars

Legacy automakers are turning to suppliers to get their costs down and even steer clear of rare earths, a segment dominated by China.
Central Dublin, near where recent protests and riots took place. The uproar came after a stabbing attack left three young children and two adults injured.
WORLD / Politics
Dec 11, 2023

Dublin’s riot was not a surprise to those who watch the far right

The disorder on Nov. 23 may have appeared to come from nowhere. But experts say it showed deep social problems and an emboldened anti-immigrant movement.
Gold ornaments on display for sale at a Chow Tai Fook jewellery store in Shanghai.
BUSINESS / Economy
Dec 11, 2023

Young Chinese spurn traditional investments in favor of gold

The trend underscores uncertainty about growth prospects in the world's second-largest economy, which has not recovered from COVID-19 as fast as expected.
Nio workers inspect a vehicle on an assembly line at the automaker’s factory in Hefei, China. China misjudged the rapid expansion of its electric vehicle sector, leaving a shortfall of skilled technicians as young people shun manufacturing careers.
BUSINESS / Companies
Dec 11, 2023

China’s electric car factories can’t hire fast enough

A frenzy of construction and expansion of factories has made electricians and robotics specialists a hot commodity.
The Bank of Japan is likely to keep its monetary stimulus settings unchanged at a two-day policy meeting ending Dec. 19, despite recent market speculation that the negative rate may be scrapped as soon as the December meeting.
BUSINESS / Markets
Dec 11, 2023

BOJ sees little need to end negative rate in December: sources

Bank officials are yet to see enough evidence of wage growth that would support sustainable inflation.
U.S. President Joe Biden shakes hands with Ukrainian President Volodymyr Zelenskyy in Kyiv on Feb. 20.
WORLD / Politics
Dec 12, 2023

Biden and Zelenskyy: Odd couple brought together by war

The two men have little in common on the surface, but since Russia invaded Ukraine, have become firm allies.
Former Self-Defense Forces member Rina Gonoi arrives Tuesday at the Fukushima District Court, which found three ex-soldiers guilty of sexually assaulting her.
JAPAN / Crime & Legal
Dec 12, 2023

Guilty verdicts in SDF sexual assault case

Rina Gonoi, 24, took to YouTube last year to share her account after an internal military probe was dropped for lack of evidence.
The partnership between Nissan and Renault was jolted in 2018 by the arrest of Carlos Ghosn, chairman of both companies.
BUSINESS / Companies
Dec 12, 2023

Renault selling part of Nissan stake to partner for €765 million

The move follows last month’s finalization of a plan for Renault to reduce its interest in Nissan.
The development of AI worries many, including Sam Altman, who testified in Congress in May that he was "nervous" about the technology's ability to compromise election integrity.
BUSINESS / Tech
Dec 12, 2023

A look at the world's first AI-powered political campaign caller

Ashley is one of the first examples of how generative AI is ushering in a new era of political campaigning.
ASML chief executive officer Peter Wennink (right) welcomes South Korean President Yoon Suk-yeol during the latter's visit to ASML facilities in Veldhoven, the Netherlands
BUSINESS / Tech
Dec 13, 2023

ASML and Samsung ink chip deal as Yoon visits Netherlands

Semiconductor powerhouses agreed to set up a research plant using next-generation extreme ultraviolet equipment in South Korea.
An oil pump outside Saint-Fiacre, near Paris, in 2019
BUSINESS
Dec 13, 2023

Big Oil's bid to woo ESG investors fails to impress

A pledge by 50 of the biggest oil and gas companies at the U.N. climate talks in Dubai commits to reaching near-zero methane emissions by 2030.
Shingo Takashima, a 26-year-old doctor, killed himself three months into his specialty doctor training at a general hospital in Kobe.
JAPAN / Society / FOCUS
Dec 13, 2023

Young doctor’s suicide highlights overwork culture at Japan hospitals

The issue is coming into sharper focus ahead of the April implementation of a legal cap on doctors’ overtime.
South Korean Lee Kyung-woo was sentenced to life in prison in October for the kidnapping and murder of a 48-year-old woman over a crypto dispute.
ASIA PACIFIC / Crime & Legal
Dec 13, 2023

Crypto and ketamine: The murder that shocked South Korea

Case resembling K-drama plot emerges in safe and almost drug-free country where violent killings are rare.
Wiring connects photovoltaic panels at the Al Dhafra Solar project, constructed by Electricite de France (EDF) and Jinko Power Technology, in Abu Dhabi, United Arab Emirates, in January.
ENVIRONMENT / Climate change
Dec 13, 2023

China’s pressured clean energy industry sees Saudi potential

Saudi Arabia is said to offer benefits including low-cost electricity, good relations with other countries and a central location.
Japan is aiming to boost renewable power capacity to help achieve its 2050 goal of becoming carbon neutral.
BUSINESS
Dec 13, 2023

Three groups picked for second round of offshore wind power tender

Japan's offshore wind power market is set to grow as the government aims to have 10 gigawatts of offshore wind farm deals by 2030.
Shohei Ohtani is joining a franchise that has long been a trailblazer in an increasingly diverse and global game.
BASEBALL / MLB
Dec 13, 2023

In a land of stars, Los Angeles can’t stop talking about Ohtani

Dodgers fans were still beside themselves days after Ohtani agreed to the most lucrative contract in sports history.
Taiwan Semiconductor Manufacturing Co.’s new factory in Kumamoto Prefecture. New chipmaking plants in Japan are raising questions about securing workers and adequate water supplies.
BUSINESS / Tech
Dec 19, 2023

Kumamoto and Hokkaido face common tasks of securing water and talent

With ambitious projects advancing, the two prefectural governments forged an agreement in August, aiming to facilitate exchanges of information.
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
Japan will spend ¥325 million in government funds on Princess Yuriko's funeral
Princess Yuriko waves during the New Year's public greeting at the Imperial Palace in Tokyo in January 2019.
133-year-old Kyushu railway station remains to be partially preserved
The remains of the original Moji Station in Kitakyushu
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.

Podcast

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

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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