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November 23, 2024
 

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The Financial Services Agency ordered SBI Securities to halt part of its business related to initial public offerings through Jan. 18 as a penalty for having manipulated clients' post-IPO share prices.
BUSINESS / Companies
Jan 13, 2024

Japan’s biggest online brokerage SBI punished for market rigging

The Financial Services Agency on Friday instructed the nation’s biggest online broker SBI Securities not to solicit trade orders from clients for shares on the day they list.
A Post Office sign at a branch in a local convenience store near Ascot, England, on Friday. The Post Office scandal, where some 980 U.K. Post Office workers were wrongfully convicted of theft and false accounting, was triggered by faults in a Fujitsu computer system called Horizon that was used by U.K. Post Offices and inaccurately reported shortfalls in their accounts, resulting in private prosecutions of innocent branch managers for theft.
BUSINESS / Companies / FOCUS
Jan 13, 2024

It took a TV show to bring justice in U.K.’s Post Office scandal

After a two-decade struggle, it was a TV drama that finally prompted the government to promise a swift end to the saga in favor of the victims.
Rashee Rice caught eight passes for 130 yards and a touchdown as the Chiefs rolled over the Dolphins on Saturday at Arrowhead Stadium.
MORE SPORTS / Football
Jan 14, 2024

Chiefs shut down Dolphins in frigid AFC wild-card game

At kickoff, the temperature was minus 20 degrees Celsius, making it the fourth-coldest game in NFL history.
Migrants picked up at sea attempting to cross the English Channel from France disembark from a U.K. border force cutter in Dover, England, on Saturday.
WORLD
Jan 14, 2024

Four die trying to cross Channel to U.K. in freezing cold

The fatalities were the first reported migrant deaths on the Channel in 2024.
Israeli soldiers during an escorted tour by the Israeli military for journalists in the central Gaza Strip on Jan. 8. Israel’s vow to eradicate Hamas without a clearly stated political endgame has concerned some observers who highlighted how an ill-defined application of military power could instead inadvertently harm its own strategic, political and moral standing.
COMMENTARY / World / Geoeconomic Briefing
Jan 15, 2024

What the Israel-Hamas war means for U.S. grand strategy

Washington had been engaged in a decadelong effort to shift its strategic attention from the broader Middle East.
Lions quarterback Jared Goff celebrates after his team's playoff win over the Rams in Detroit on Sunday.
SPORTS
Jan 15, 2024

Lions edge Rams for first playoff win in three decades

The Lions won a playoff game for the first time since beating the Cowboys on Jan. 5, 1992.
Taiwan Deputy Foreign Minister Tien Chung-kwang speaks during a news conference at the Ministry of Foreign Affairs in Taipei on Monday.
ASIA PACIFIC / Politics
Jan 15, 2024

China steps up Taiwan isolation after election, peeling off ally Nauru

One of Taiwan’s last diplomatic allies severed relations with the island and switched its alliance to China, after Taipei elected a new leader Beijing views as "separatist.”
U.S. climate envoy John Kerry and his Chinese counterpart, Xie Zhenhua, speak during a news conference in Dubai on Dec.13.
ENVIRONMENT / Climate change
Jan 16, 2024

U.S. and China start new climate era after veteran envoys step down

The challenge now is building a system that can continue even without the connection shared by the departing envoys.
Sam Altman, chief executive officer of OpenAI, inside the Congress Center ahead of the World Economic Forum in Davos, Switzerland, on Monday
BUSINESS / Tech
Jan 16, 2024

OpenAI will roll out new tools to thwart election misinformation

New tools will attribute information about current events provided by its chatbot ChatGPT, and help users determine if an image was created by its AI software.
A doctor and a nurse check on people affected by the New Year's Day quake in Suzu, Ishikawa Prefecture, on Jan. 6.
JAPAN
Jan 16, 2024

Doctors and nurses support families at morgues after Noto quake

Teams were sent after the 2016 quakes in Kumamoto Prefecture and a major mudslide in Atami in Shizuoka Prefecture in 2021.
A worker carries a tray containing steamed kamaboko at a factory in Ise, Mie Prefecture.
JAPAN / Society / Regional voices: Chubu
Jan 22, 2024

As costs rise, kamaboko producers struggle to stay afloat

Many have little choice but to raise the prices of their own products after having exhausted other measures.
A toy gun is assembled at an Aequs toy manufacturing facility in the city of Belgaum in India.
BUSINESS / Companies
Jan 16, 2024

Infrastructure hurdles hinder toy manufacturers' shift from China

That other countries struggle to match China for efficiency is limiting firms' efforts to shift to lower cost bases and raising the risk of higher toy prices in the future.
Poland's Iga Swiatek plays during her first round match against Sofia Kenin of the U.S. at the Australian Open in Melbourne on Tuesday.
TENNIS
Jan 16, 2024

Swiatek up and running at Australian Open as Alcaraz makes bow

In-form Swiatek, 22, twice came back from a break down in a grueling first set lasting 68 minutes but stepped on the gas in the second set.
Uniqlo's Round Mini Shoulder Bag on sale at a store in London
BUSINESS / Companies
Jan 16, 2024

Uniqlo sues Chinese fast-fashion rival Shein to defend hit bag

Fast Retailing joins rival Hennes & Mauritz in suing Shein for copyright infringement in Hong Kong where litigation has been underway since 2021.
Tesla CEO Elon Musk
BUSINESS / Companies
Jan 17, 2024

Musk's warning about Tesla stake raises governance questions

CEOs and directors are prohibited from taking any business opportunity for themselves that belongs to the firm.
Houthi supporters rally to denounce air strikes launched by the U.S. and Britain, in Sanaa, Yemen on Jan. 12.
WORLD / Politics
Jan 17, 2024

U.S. strikes Houthi missiles as Greek vessel hit in Red Sea

Attacks by the Iran-allied militia on ships in the region since November have affected companies and alarmed major powers.
Around 100 YouTube channels actively deny climate change, while also spreading videos attacking solutions such as wind and solar.
BUSINESS / Tech
Jan 17, 2024

Attacks on renewable energy are proliferating on YouTube

While videos espousing climate denial are declining across nearly 100 YouTube channels, videos attacking solutions such as wind and solar are growing.
A nursing student (Kotone Furukawa, right) is terrified by the bizarre goings-on in her hometown in “Best Wishes to All.”
CULTURE / Film
Jan 18, 2024

‘Best Wishes to All’: Home is where the horror is

Yuta Shimotsu’s first feature about a small town gone mad delivers shocking frights but its message fails to surprise.
An Xturismo bike flies over Lake Yamanaka in Yamanashi Prefecture.
BUSINESS / Companies
Jan 17, 2024

Japanese flying bike startup A.L.I. Technologies files for bankruptcy

The Tokyo-based startup had aimed to play a key role in an expected “air mobility society.”
The final 10 contestants of the reality show “The Debut: Dream Academy” in November. The show aimed to select the members of a new global K-pop girl group.
COMMENTARY / World
Jan 17, 2024

K-pop without the ‘K’ just won’t pop

The BTS hiatus may have slowed K-pop down, but the answer isn't to take the Koreanness out of it. If not, all that's left is run-of-the-mill pop.
Russian President Boris Yeltsin announced his resignation after eight years in office on New Year’s Eve, 1999. His chosen successor was then-Prime Minister Vladimir Putin, who succeeded him.
COMMENTARY / World
Jan 17, 2024

Putin’s search for a usable past

Money was the one thing that would animate his reign. It was clear from the start that the businessman took precedence over the politician in Putin’s personality.
China's economy grew 5.2% last year, more than most major economies. But for many in the country, the world's second-largest economy feels like it's shrinking.
BUSINESS / Economy
Jan 18, 2024

For many in China, the economy feels like it is in recession

A crisis of confidence is keeping Chinese consumers from spending and businesses in the world's second-largest economy from hiring and investing.
Warriors assistant coach Dejan Milojevic is seen before a game against the Jazz on Nov. 25, 2022. Milojevic died from a heart attack on Wednesday morning.
BASKETBALL / NBA
Jan 18, 2024

Warriors assistant Dejan Milojevic dies at 46 after heart attack

"We are absolutely devastated by Dejan's sudden passing," Warriors head coach Steve Kerr said.
The Japanese Communist Party named Tomoko Tamura as its chair at the party's congress in Atami, Shizuoka Prefecture. She takes over from predecessor Kazuo Shii (left) who had held the post since 2000.
JAPAN / Politics
Jan 18, 2024

Japanese Communist Party picks first-ever female leader

Upper House member Tomoka Tamura takes over the chair of the 102-year-old political party — Japan’s oldest — from Kazuo Shii, who held the post since 2000.
Wind turbines at an RWE wind farm off the coast of Great Yarmouth, England. RWE operates 3.3 gigawatts of offshore wind power in Europe.
BUSINESS / Companies
Jan 19, 2024

RWE plans further Japan offshore wind push after Niigata win

The German renewable energy company believes floating offshore projects will be the key to achieving the nation's goal of generating 45 GW of wind power by 2040.
Prime Minister Fumio Kishida’s sudden announcement on Thursday regarding the dissolution of his Liberal Democratic Party faction came after the group became caught up in a slush funds scandal that continues to shake his administration and the party.
JAPAN / Politics
Jan 19, 2024

LDP turmoil continues as three major factions announce dissolution

Lawmakers from the 98-member political faction that was previously led by Prime Minister Shinzo Abe made the decision during a meeting Friday night.
Rougned Odor, a 10-year MLB veteran, has reportedly signed a deal with the Yomiuri Giants of the Central League.
BASEBALL
Jan 21, 2024

Rougned Odor signs deal with Yomiuri Giants, report says

Odor, 29, played in 59 games for the San Diego Padres in 2023 before he was released in July, batting .203 with four home runs and 18 RBIs.
Serbia's Novak Djokovic celebrates after winning his fourth round match against France's Adrian Mannarino on Sunday in Melbourne.
TENNIS
Jan 21, 2024

No 'triple bagel' but Djokovic thumps Mannarino to reach quarters

The win marks a 32nd straight match victory at the tournament and a 58th Grand Slam quarterfinal, equaling the all-time record of Swiss maestro Roger Federer.
Farmers protest against the government's planned cuts to agricultural sector subsides in Brandenburg, Germany, on Jan. 10.
COMMENTARY / World
Jan 17, 2024

Why Germany is rich but Germans are poor and angry

Germany's polarization peaks as the country's divided society faces economic turmoil.
Sony had been expected to benefit from Zee’s deep library of content in regional Indian languages and its dozens of local television channels.
BUSINESS / Companies
Jan 22, 2024

Sony sends termination letter to Zee over India merger

The entertainment giant cited conditions of the merger agreement not being met as the reason for ending the deal with the Indian media network.
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.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Saitama court bans demonstrations over anti-Kurd hate speech
Kurdish people in Japan in 2015. A court injunction has banned acts that defame the Japan Kurdish Cultural Association and are disrespectful, such as putting up banner flags or handing out fliers with hate speech like “Refugees should go back to their home countries.”
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
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.
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.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

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

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