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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”
The Tokyo Stock Exchange. The volume of management buyouts in Japan has increased to the highest on record this year, jumping 170% from a year earlier to at least ¥870 billion.
BUSINESS
Dec 8, 2023

Surge in management buyouts gives extra boost to Japanese stocks

The volume of management buyouts has increased to the highest on record this year.
A radar facility set up for coastal surveillance by the Ground Self-Defense Force's Yonaguni base on Yonaguni island in Okinawa Prefecture.
COMMENTARY / Japan / Geoeconomic Briefing
Dec 14, 2023

Acquiring counterstrike capabilities is no simple matter for Japan

Under its defense and security strategies, deterrence by denial and deterrence by punishment are the essence of Japan’s deterrence capabilities.
U.S. Secretary of State Antony Blinken
WORLD / Politics
Dec 8, 2023

U.S. criticizes Israel on Gaza as civilian death toll mounts

Israel says it must wipe out the Hamas militant group and is doing everything possible to get civilians out of harm's way.
Cinema at Sea film festival entry “God Is a Woman,” directed by Andres Peyrot, examines the complex feelings the Kuna, indigenous people living on Panama’s San Blas Islands, have about an unreleased documentary made about them in 1975.
CULTURE / Film
Dec 9, 2023

Cinema at Sea festival highlights diversity and unheard voices

The inaugural event for the film festival in Naha, Okinawa, boasted a strong lineup of features from places and peoples underrepresented in world cinema.
The Olympic and Russian flags during the Opening Ceremony of the 2014 Sochi Winter Games.
OLYMPICS
Dec 9, 2023

IOC clears some Russians to compete in Paris as neutrals

The IOC added that there were currently only eight athletes from Russia and three from Belarus who had qualified as neutral athletes.
A United Nations Security Council meeting to debate a resolution calling for a cease-fire in Gaza at U.N. headquarters in New York on Friday
WORLD
Dec 9, 2023

U.S. vetoes Security Council move calling for Gaza cease-fire

Washington dashed a growing clamor for an immediate cease-fire that had been led by U.N. chief Antonio Guterres and Arab nations.
An Israeli Merkava tank on Thursday
WORLD / Politics
Dec 9, 2023

White House presses Congress to OK tank shells for Israel

The request is being made even as concerns grow about the use of U.S. weapons in a war that has killed thousands of civilians.
JAPAN
Dec 10, 2023

Japan to calculate 'blue carbon' amount in emissions cut

Japan aims to cut greenhouse gas emissions by 46% in fiscal 2030 from the fiscal 2013 level and reduce them to virtually zero by 2050.
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.
Justinas Stankus, 38, who came to Canada from Lithuania in 2019 and is studying at the University of Toronto, walks his dog in Toronto, Ontario, Canada.
WORLD / Society
Dec 11, 2023

Canada's surging cost of living fuels reverse immigration

The rate of immigrants leaving Canada hit a two-decade high in 2019
Trucks line up in a queue to cross the Polish-Ukrainian border at the Dorohusk-Jagodzin crossing, in Brzezno, Poland, on Dec. 4.
WORLD / Politics
Dec 11, 2023

Front-line troops in Ukraine feel bite of Polish truckers’ protest

A monthslong border blockade by Polish truckers is starting to have an effect on Ukrainian soldiers.
Prime Minister Anthony Albanese over the weekend said Australia's migration numbers needed to be wound back to a "sustainable level," adding that "the system is broken."
ASIA PACIFIC / Society
Dec 11, 2023

Australia plans to halve migrant intake and tighten student visas

The decision follows a record expected peak in net immigration for 2022-23.
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.
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.
U.S. President Joe Biden with Ukrainian President Volodymyr Zelenskyy in Washington on Sept. 21.
WORLD / Politics
Dec 11, 2023

Zelenskyy to meet Biden and Republicans as war funding dries up

The funding row underscores signs that support for Ukraine is fraying just as Kyiv's counteroffensive falters and Putin's forces push for new gains.
A China Coast Guard vessel uses a water cannon against a Philippine supply boat as it carries out a mission to deliver provisions to the Second Thomas Shoal in the disputed South China Sea on Sunday.
ASIA PACIFIC / Politics
Dec 11, 2023

Manila summons Chinese envoy after tense weekend in South China Sea

The moves came after the Philippines said one of its vessels was rammed and others "directly targeted” by a China Coast Guard ship with a water cannon.
WORLD / Politics
Dec 11, 2023

U.N. General Assembly to meet Tuesday on ongoing Gaza conflict

On Friday the United States vetoed a cease-fire resolution proposed at an emergency meeting of the U.N. Security Council.
Then-Prime Minister Junichiro Koizumi at Graceland, a mansion once owned by Elvis Presley, in Memphis, Tennessee, in June 2006. Koizumi was dubbed the "jujitsu prime minister” for his style of politics.
COMMENTARY / Japan
Dec 11, 2023

Japan needs a 'jujitsu PM' to grapple with this scandal

Kishida fights for survival as the political funding scandal deepens. His predecessor, "jujitsu PM” Junichiro Koizumi, could teach him a thing or two.
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.
Surfers wait for waves in Teahupo'o, Tahiti, French Polynesia, on Aug. 9.
OLYMPICS / Surfing
Dec 12, 2023

Olympic surfing to be held in Polynesia despite row, president says

Debate about the suitability of having Tahiti host the competitions has made waves for weeks.
COP28 President Sultan Al Jaber in Dubai on Monday
ENVIRONMENT / Climate change
Dec 12, 2023

COP28 summit goes into overtime with new draft deal in works

The UAE's Sultan Al Jaber has the task of getting almost 200 countries to agree to a text that will govern the global fight against climate change.
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.
A record number of Japanese investors have put their money into domestic private credit deals in search of higher returns this year.
BUSINESS / Economy
Dec 12, 2023

Private credit is attracting record numbers of Japanese investors

An unprecedented 236 limited partners have provided money to private capital managers this year through September, more than triple the level of 2017.
Cybersecurity is a growing concern in Taiwan as the island sits at the center of U.S.-China tensions and has a critical presidential election in January.
ASIA PACIFIC / Politics
Dec 12, 2023

Taiwan taps experts and U.S. to prepare banks for cyberattacks

Officials in Taipei are consulting security experts from the U.S. Treasury Department and American cybersecurity specialists to simulate attacks.
Mitsubishi UFJ, Japan's largest banking group, bought 75% of AlbaCore last month to diversify its range of investment capabilities.
BUSINESS / Economy
Dec 12, 2023

MUFG's AlbaCore sees potential for alternative investments in Japan

Mitsubishi UFJ bought 75% of AlbaCore last month to diversify the range of investment capabilities.
Newly recruits in the Houthi military force march through Sanaa, the capital of Yemen, on Dec. 2.
WORLD
Dec 12, 2023

Yemen's Houthis claim attack on Norwegian tanker

The ship had loaded vegetable oil and biofuels in Malaysia and was headed for Venice, Italy.
Seihan Mori, chief priest of Kiyomizu Temple in Kyoto, writes "zei" (taxes), which was chosen on Tuesday as the kanji of the year.
JAPAN
Dec 12, 2023

Talk of taxes spurs choice for Japan’s kanji of the year

The choice came as tax hikes and cuts were heavily covered in the news and discussed among policymakers.
Harvard University in Cambridge, Massachusetts
WORLD / Politics
Dec 12, 2023

Disunity deepens at Harvard as Israel's war on Gaza charges debate

Rhetoric has reached a fever pitch since testimony in Congress by the university’s first Black president, who has only been in the role since July.

Longform

Atsuyoshi Koike, the president and CEO of Rapidus, says there is a “sense of urgency” when it comes to Japan’s efforts in manufacturing semiconductors. “We have to make sure we are successful,” he says.
Atsuyoshi Koike’s big game: Fourth down and 2 nanometers to go