Search - u_times

 
 
Many of the entrepreneurs who’ve become superwealthy are now seeking to manage and transfer riches to their descendants in Asia. That’s resulting in a surge in family office demand.
ASIA PACIFIC
Jul 31, 2023

Asia’s richest families fuel race for lucrative finance jobs

Many of Asia's superwealthy are now seeking help managing their estates just as old-money families in the West have done for decades.
Former U.S. President Donald Trump makes his way inside the Manhattan Criminal Courthouse in New York on April 4. Trump was indicted on Monday over his efforts to overturn the results of the 2020 election — the most serious legal threat yet to the former president as he campaigns to return to the White House.
WORLD / Politics
Aug 2, 2023

Trump charged with conspiracy for efforts to overturn 2020 election

The indictment alleges Trump knowingly spread lies about the election in order to undermine public faith in the vote and remain in power.
The social media backlash to “Barbenheimer,” an internet trend centered on the simultaneous release of Greta Gerwig’s “Barbie” and Christopher Nolan’s “Oppenheimer” in the United States, led to the hashtag #NoBarbenheimer trending recently on the social media platform X, formerly known as Twitter.
CULTURE / Film
Aug 2, 2023

‘Barbenheimer’ memes trigger anger in atomic-bombed Japan

Warner Bros. Japan criticized its U.S. counterpart for participating in internet memes that appear to trivialize the effects of the atomic bombings.
Mariko Hayashi, head of the board at Nihon University, speaks to reporters in Tokyo on July 11.
JAPAN / Crime & Legal
Aug 2, 2023

Football players at Japan university allegedly caught with cannabis

Club activities for the team have been suspended and the college has conducted interviews with coaches, club members and former club members.
Boston Celtics guard Jaylen Brown takes a shot against the Miami Heat in the third quarter during Game 4 of the Eastern Conference Finals in Miami on May 23.
COMMENTARY / World
Jul 30, 2023

Could Saudi money be coming to the NBA, too?

Jaylen Brown just signed the richest contract in the league’s history, but there’ll probably be an ever bigger deal before long.
Australian Ambassador to Japan Justin Hayhurst (center) walks beside Prime Minister Anthony Albanese (right) during the Group of Seven summit in Hiroshima in May.
JAPAN
Aug 3, 2023

Tokyo-Canberra ties key to Indo-Pacific’s future: Australian envoy

"We’ve never been more important to each other," says Justin Hayhurst, Australia’s new Ambassador to Japan.
China and India both began liberalizing their economies around the same time in the 1980s. But China invested more in human-capital and is now benefiting from that decision.
COMMENTARY / World
Aug 1, 2023

Unlike China, India cannot be an economic superpower

In the 1980s, the belief among observers was that an authoritarian Chinese regime would mismanage its economy while a democratic India would thrive.
An S-400 surface-to-air missile system outside the town of Gvardeysk, near Kaliningrad, Russia, in March 2019. The S-400 is one of the defense items India has procured from Russia.
COMMENTARY / World / Geoeconomic Briefing
Aug 15, 2023

A new tide of weapons imports, production and development

Some countries are beginning to diversify when looking for partners for their arms needs.
U.S. President Joe Biden delivers remarks at the White House in Washington last month.
BUSINESS
Aug 5, 2023

Biden order curbing investment to China expected in coming days

The goal of the order is to prevent U.S. capital and expertise from accelerating the development of tech that would support China's military.
Prime Minister Fumio Kishida and other leaders of the Group of Seven, as well as Ukrainian President Volodymyr Zelenskyy, meet during their summit in Hiroshima on May 21. 
COMMENTARY / World
Aug 7, 2023

The G7 leaders’ vision on nuclear disarmament

Geopolitical rivalries and the failure to address the complicity of G7 members in perpetuating a nuclearized world are stymieing nonproliferation efforts.
Hiroshi Mikitani, co-chief executive officer of Rakuten Medical, speaks at the American Society of Clinical Oncology's meeting in Yokohama on Thursday.
BUSINESS
Aug 7, 2023

Rakuten’s Mikitani spends a fifth of his time on biotech startup

Rakuten Medical, based in San Diego, employs about 200 people and specializes in a therapy that uses light and immunotherapy drugs to fight cancer.
Members of a military council that staged a coup attend a rally at a stadium in Niamey, Niger, on Sunday.
WORLD / Politics
Aug 8, 2023

West African leaders to meet on Niger after junta defies deadline

The European Union and United States have welcomed the move, saying it allows more time for mediation.
Mariko Hayashi, chairwoman of the board of trustees at Nihon University, bows to the media after giving a news conference in Tokyo on Tuesday.
JAPAN / Crime & Legal
Aug 8, 2023

Nihon University chairwoman apologizes for student drug scandal

Mariko Hayashi denied reports that she was kept in the dark about facts surrounding the case, which involves the university's American football team.
Ukrainian President Volodymyr Zelenskyy meets with NATO’s leaders at the bloc’s summit in Vilnius, Lithuania, on July 12. 
COMMENTARY / World
Aug 10, 2023

How Russia could benefit from Ukraine’s NATO membership

While Russian leaders have cited NATO enlargement as a justification for invading Ukraine, ordinary Russians have much to gain from Ukrainian membership.
A bulk carrier transits through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama, on April 19.
BUSINESS / Economy
Aug 11, 2023

Drought-hit Panama Canal lets more unbooked ships pass

Around 70% of canal traffic comes from or goes to the U.S., where retailers like Walmart, Amazon and Target prep for winter holiday sales.
People offer silent prayers for the victims of the 1945 Nagasaki atomic bombing at the city's Peace Park on Wednesday to mark the 78th anniversary of the attack.
EDITORIALS
Aug 11, 2023

Nuclear threats grow stronger and more immediate

In this world, unilateral disarmament and the hope that setting an example will inspire other nations to follow suit is fantasy.
Technical trainees from Vietnam work at a knitwear factory in the city of Mitsuke, Niigata Prefecture, in February 2019.
COMMENTARY / Japan
Aug 6, 2023

Japan is bringing in more foreign nationals than you think

Japan isn’t an outlier when it comes to low fertility rates, merely a front-runner.
A Taiwan Air Force Mirage 2000 jet fighter landing at Hsinchu Air Base in Hsinchu, Taiwan, in April.
ASIA PACIFIC
Aug 12, 2023

China’s military, ‘chasing the dream,’ probes Taiwan’s defenses

Day by day, the People’s Liberation Army is turning up the pressure, deploying an ever-wider array of planes and ships.
Republican presidential candidate and former U.S. President Donald Trump campaigns at the Iowa State Fair in Des Moines, Iowa, on Saturday.
WORLD / Politics / ANALYSIS
Aug 14, 2023

Trump heading for Republican 'coronation' as 2024 rivals struggle

Florida Gov. Ron DeSantis and the rest of the field have so far been at a loss over how to narrow the gap.
If you have a specific birth plan in mind, like giving birth at home, it's important to make sure the clinic you use offers that option.
JAPAN / EXPLAINER
Aug 14, 2023

Giving birth in Japan? Here’s what you need to know.

Giving birth can be overwhelming — even more so if you don’t understand the local language or know the steps you need to take.
South Korean President Yoon Suk-yeol speaks during a ceremony commemorating the 70th Anniversary of the Korean War Armistice Agreement at Busan Cinema Center in Busan, South Korea, on July 27.
ASIA PACIFIC
Aug 16, 2023

South Korea leader seeks breakthrough in deterring Kim Jong Un

Yoon expects the summit with Kishida and Biden will lead to agreement on ways to enhance their response to nuclear threats from North Korea.
U.S. President Joe Biden, Prime Minister Fumio Kishida and South Korean leader Yoon Suk-yeol attend a photo op on the day of trilateral engagement during the Group of Seven summit at the Grand Prince Hotel in Hiroshima on May 21.
JAPAN / Politics / FOCUS
Aug 16, 2023

Biden, Kishida and Yoon look to ‘institutionalize’ trilateral ties

The leaders will agree to hold three-way summits at least once a year, in addition to conducting more joint drills and boosting intelligence-sharing.
New Paraguayan President Santiago Pena (left) shakes hands with Taiwanese Vice President Lai Ching-te at the presidential residence in Asuncion, Paraguay, on Wednesday.
ASIA PACIFIC / Politics / ANALYSIS
Aug 16, 2023

Lai’s Paraguay trip shows Taipei’s embrace of diplomatic partners

The visit has also reignited a hotly debated topic in Taiwan — whether the struggle with China over diplomatic recognition is still worth it.
The Inflation Reduction Act’s tax breaks for clean energy will help mitigate climate change but they will not meet the 2050 net-zero carbon goal.
COMMENTARY / World
Aug 17, 2023

Biden’s climate bill was too tame

U.S. President Biden and the Democratic Party's Inflation Reduction Act was too tame on fixing the climate.
Creativeman President Naoki Shimizu says Summer Sonic has been featuring an increasing number of Asian acts in recent years, a change that reflects the growing number of Asian visitors attending the music festival. This year’s standouts include K-pop group NewJeans, whose Summer Sonic performance will be its first Japan show ever.
CULTURE / Music
Aug 18, 2023

NewJeans, Blur and Kendrick Lamar head to Summer Sonic

While Summer Sonic’s reputation as an international showcase holds strong, the event has become an important launchpad for homegrown performers.
If you've come to the realization that divorce is the only way forward, there are a host of details about the Japanese marriage system to confirm before you're finally ready to cut ties.
COMMUNITY / How-tos
Aug 21, 2023

Navigating the notorious gauntlet of divorce in Japan

Everyone wishes for “happily ever after” no matter where you’re from, but Japan recorded 1,671 bicultural divorces in 2021.
Protesters shout slogans and raise banners reading "Don't throw polluted water into the sea! Keep your promises" during a rally against Japan's plan to discharge treated radioactive water from the tsunami-wrecked Fukushima plant into the ocean, in front of the Prime Minister's Office in Tokyo on Friday.
JAPAN / Politics / ANALYSIS
Aug 18, 2023

Fukushima water release poses test for Japan-South Korea unity

The dumping of radioactive water may happen days after a summit in which the U.S. wants Japan and South Korea to lock in friendly ties.
Social division and the polarization of the American political system are becoming more and more apparent.
COMMENTARY / World
Aug 18, 2023

Where is the America I once knew headed?

The sociopolitical transformation I witnessed in San Francisco is not just a West Coast phenomenon, but perhaps a nationwide trend.
The Chinese Ministry of State Security said Monday it is investigating a 39-year-old ministry official identified by his surname Hao for providing information to the CIA in exchange for money.
ASIA PACIFIC / Politics
Aug 21, 2023

China deepens espionage crackdown targeting spies for the CIA

China said it found another case of an individual informing the CIA, adding to a series of espionage accusations between the two nations.
U.S. and Japanese authorities are concerned that purchases of farmland near military bases and other critical facilities will allow China and other governments to spy on or interfere with their operations.
COMMENTARY / World
Aug 22, 2023

For the best espionage, it’s location, location, location

Efforts by Chinese companies to purchase land — often, but not exclusively, agricultural — has authorities in Japan and the United States up in arms.

Longform

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