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The Stratos Direct Air Capture Facility, a joint venture between Occidental Petroleum and asset manager BlackRock, in Ector County, Texas, last July.
ENVIRONMENT / Climate change / FOCUS
Mar 16, 2025

Carbon capture industry tweaks message for the Trump era

The lobbying strategy is to frame CCS as "an economic competitiveness and American leadership issue."
U.S. President Donald Trump signed an executive order earlier this month establishing the 'Strategic Bitcoin Reserve.'
BUSINESS / Markets / FOCUS
Mar 16, 2025

Trump's bitcoin reserve to be a 'digital Fort Knox'

The reserve is funded by about 200,000 bitcoins — worth nearly $17 billion — that have been seized in the U.S. as a result of civil and criminal cases.
Bank of Japan headquarters building in February. In January, the BOJ voted to raise its short-term policy rate to 0.5% from 0.25%, taking it to the highest level since the 2008 financial crisis.
BUSINESS / Markets
Mar 17, 2025

Bank of Japan unlikely to raise rates this week as trade war intensifies

The central bank voted to raise its short-term policy rate to 0.5% from 0.25% in January, taking it to the highest level since the 2008 financial crisis.
Cars at the Geely Auto production base in Hangzhou, in China's eastern Zhejiang province on Feb. 16
BUSINESS / Tech
Mar 17, 2025

Geely billionaire goes on a cost-cutting spree to catch rivals

The shift was laid out in a document called the Taizhou Declaration, which called for consolidation, synergies and savings.
Officials from the state-run Alaska Gasline Development Corporation and development partner Glenfarne Group want to transport natural gas south from Alaska's remote north via a $44 billion 1,300-kilometer pipeline, to be shipped as liquefied natural gas to Japan, South Korea and Taiwan.
BUSINESS
Mar 18, 2025

Alaskan officials to seek investors in Japan as Trump touts LNG

Japanese energy firms have yet to commit, with cost being a focal point.
Shares of major trading houses Mitsubishi, Marubeni, Mitsui, Itochu and Sumitomo climbed 4% Tuesday in Tokyo after Berkshire Hathaway increased its stakes in them.
BUSINESS / Companies
Mar 18, 2025

Berkshire Hathaway increases stakes in Japan’s biggest trading houses

Warren Buffett has indicated that the trading houses have agreed to 'moderately' relax a previous ceiling of 10% on his stakes, leaving room for further buying.
A vendor shouts out his price for lettuce in a market in Beijing on March 9. Consumer prices in China fell last month for the first time in a year, with authorities in the world's second-largest economy struggling to kick-start spending and trade headwinds intensifying as U.S. tariffs kick in under U.S. President Donald Trump.
BUSINESS / Economy
Mar 18, 2025

Global stock markets rise as China outlines plan to boost consumer spending

Beijing plans to raise income with property reforms, stabilize the stock market and encourage lenders to provide more consumption loans.
Yields on Japanese government bonds have climbed to the highest since 2006 as traders expect the Bank of Japan to keep hiking interest rates this year while peers from the U.S. to Australia ease monetary policy.
BUSINESS / Companies
Mar 18, 2025

Pimco takes profit on Japan bond trade as interest rates rise

The American investment management firm has turned "overall neutral” on Japanese government bonds.
Despite recent market volatility and trade tariff concerns, Japan continues to see fund launches as global investors are drawn to its stock market.
BUSINESS / Companies
Mar 18, 2025

Hong Kong hedge fund Polymer joins rush to debut pure Japan funds, sources say

The move will see the heavyweight joining a wave of fund launches in Japan.
U.S. Justice Department has asked that oral arguments for a lawsuit filed by Nippon Steel against the U.S. government for blocking its planned acquisition of United States Steel be rescheduled for the week of May 12.
BUSINESS / Companies
Mar 18, 2025

U.S. government seeks to postpone oral arguments in Nippon Steel suit

The move is apparently aimed at giving the current administration time for talks with the Japanese steelmaker for it to decide on the bid to acquire United States Steel.
Hidemasa Morita (right) celebrates scoring Japan’s fourth goal against Bahrain with Kaoru Mitoma (center) on Sep. 10, 2024.
SOCCER
Mar 18, 2025

Japan set to seal World Cup spot as Son aims to forget Spurs woes

Japan will seal its spot with three qualifying matches to go if, as expected, it beats Bahrain at home in Saitama on Thursday.
People wait to receive bags of rice distributed by the World Food Program on the outskirts of Yangon in 2021.
ASIA PACIFIC / Politics
Mar 18, 2025

Myanmar faces 'untold' suffering due to U.S. aid 'betrayal': U.N. expert

A former U.S. congressman has torn into the cuts, saying they were politically motivated, based on distortions and being carried out in the worst possible manner.
BYD's large cylindrical cell batteries are pictured at Smart Energy Week in Tokyo on Feb. 19.
BUSINESS / Tech
Mar 18, 2025

How BYD’s five-minute charging stacks up against the competition

The Chinese firm is now staking claim to a system it says will make it as quick to charge an electric vehicle as to refuel a gasoline car.
U.S. President Donald Trump reviews troops aboard the USS Wasp in Yokosuka, Japan, in May 2019. The shifting global security landscape has sparked discussions in many countries, including Japan, about developing nuclear weapons in response to changing U.S. commitments.
COMMENTARY / Japan
Mar 18, 2025

Changing U.S. commitments spark nuclear armament debates, including in Japan

Given Japan's unique history in 1945, it will take more than fear or harsh rhetoric to push the country into considering the development of nuclear weapons.
Russian President Vladimir Putin and North Korean leader Kim Jong Un meet in Pyongyang in June 2024. Moscow has ditched its historic hostility to North Korea's nuclear program, a clear sign of Russia's scramble for allies amid its international isolation.
COMMENTARY / World
Mar 18, 2025

It’s time to flip Russia’s script on North Korean nukes

Countries who want deterrence and stability must stop Russia from influencing perceptions of North Korea's nuclear program — one that, in an about-face, Moscow now supports.
A crowd of tourists at Nishiki Market in the city of Kyoto. Gains in land prices have been helped by a surge in inbound tourism, which has boosted demand for hotels and shops.
BUSINESS / Economy
Mar 18, 2025

Japan's land prices rise at strongest pace in 34 years, government survey shows

Data shows recovery spreading to regional areas, thanks to sustained economic growth, in the latest sign of a pickup in the property market.
The Japanese postal mark displayed on a Japan Post post box in Tokyo
JAPAN
Mar 18, 2025

Number of Japan Post clients affected by misuse of information rises to 10 million

"We deeply apologize for causing anxiety and worry," Japan Post Holdings Managing Executive Officer Miho Ichiki told a news conference.
Megan Garcia
WORLD / Crime & Legal
Mar 18, 2025

Teen’s suicide turns mother against Google and AI chatbot startup

Megan Garcia says her son would still be alive today if it weren’t for a chatbot urging the 14-year-old to take his own life.

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