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The yen carry trade is expected to ramp up next year, driven by wide gaps in interest rates, higher government borrowing in the U.S. and low volatility in currency markets, analysts say.
BUSINESS / Markets
Dec 3, 2024

Yen carry trade that rattled markets shows signs of a comeback

Japanese retail investors as well as leveraged funds and asset managers outside the country are estimated to have boosted bearish wagers on the yen in November.
The U.N. General Assembly adopted by a majority vote a Japan-led resolution calling for the abolition of nuclear weapons at its plenary meeting Monday.
JAPAN
Dec 3, 2024

U.N. General Assembly adopts Japan-led antinuclear resolution

This is the 31st consecutive year for the assembly to adopt such a resolution.
The primary motivation for potentially adding Japan to the Five Eyes alliance is the considerable intelligence contributions the country could make concerning China, North Korea, Eastern Russia and East and Southeast Asia.
COMMENTARY / Japan
Nov 30, 2024

If ever invited, should Japan make it 'Six Eyes'?

The primary motivation for potentially adding Japan to the alliance is the considerable intelligence contributions the country could make.
Tiger Woods competes at the British Open in July.
MORE SPORTS / Golf
Dec 4, 2024

Tiger Woods has 'long way to go' after latest back surgery

Woods hasn't played since he missed the cut at the British Open in July.
World Anti-Doping Agency Director-General Olivier Niggli speaks during the agency's symposium in Lausanne, Switzerland, in March.
OLYMPICS
Dec 4, 2024

Anti-doping agency froze out investigators who warned about China

The decision by WADA’s leaders to keep its own investigators in the dark raises new questions about WADA's response to possible doping by Chinese athletes.
Japanese elementary and junior high school students continued to get high science and math scores in an international survey in 2023.
JAPAN
Dec 5, 2024

Science and math scores remain high among students in Japan in 2023

A related questionnaire showed that more junior high school students in Japan found studying math and science to be fun.
Satoko Shisai
BUSINESS / WOMEN AT WORK
Dec 15, 2024

Forging a career through digital transformation and mindset change

Backed by a strong belief in career ownership, Satoko Shisai built her own success at IBM Japan and Chugai.
Hiroshi Kagawa covered a total of 10 FIFA World Cup tournaments during his career, starting with the 1974 event in West Germany.
SOCCER
Dec 5, 2024

Pioneer soccer journalist Hiroshi Kagawa dies at 99

Kagawa covered a total of 10 FIFA World Cup tournaments, starting with the 1974 event in West Germany.
Many of the investors who stuck with cryptocurrency through its ups and downs, its scandals and scams, are now basking in an I-told-you-so glow.
BUSINESS / Markets
Dec 6, 2024

Bitcoin's true believers bask in I-told-you-so glow at $100,000

The milestone marks a spectacular comeback from a “crypto winter” two years ago in the wake of the collapse of the FTX exchange in a pile of fraud.
The Eiffel Tower and the Olympics Rings are illuminated during the opening ceremony of the Paris 2024 Olympic Games on July 26.
OLYMPICS
Dec 6, 2024

Paris Olympics were the most followed ever, IOC says

In the home market of France, 95% of the potential audience watched an average of 24 hours of coverage of the Olympics.
Choi Sang-mok, South Korea's finance minister, during an interview in Seoul on Thursday
BUSINESS / Markets / ANALYSIS
Dec 6, 2024

In South Korea's crisis playbook, currency stability is paramount

In the four decades since South Korea was last under martial law, the nation has significantly evolved its systems to focus on ensuring economic stability.
A man wearing a mask depicting South Korea President Yoon Suk Yeol dances on a street as people gather for a protest calling for the ouster of Yoon outside the National Assembly in Seoul on Saturday.
ASIA PACIFIC / Society
Dec 7, 2024

K-pop, carols and guillotines at South Korea impeachment protests

Protesters massed outside the National Assembly, many wearing the elaborate outfits, carrying home-made flags or blasting the K-pop tunes.
Emperor Naruhito and Empress Masako visit Merton College in Oxford, during their state visit to the United Kingdom in June.
JAPAN
Dec 9, 2024

Empress Masako marks 61st birthday

The empress said that thoughts of people affected by disasters, including the massive Jan. 1 Noto Peninsula earthquake, continue to weigh on her mind.
A Chevrolet Bolt electric vehicle (EV) at a dealership in Colma, California, on Jan. 26
BUSINESS / Tech
Dec 9, 2024

Trump's EV skepticism threatens $54 billion in Korean investments

Some Korean companies have slowed or hit the pause button on any ongoing construction of some plants in the U.S. because they’re concerned about reduced demand for EVs.
Lewis Hamilton waves to fans after the Abu Dhabi Grand Prix on Sunday. The race was Hamilton's last with Mercedes before his move to Ferrari.
MORE SPORTS / Auto Racing
Dec 9, 2024

Lewis Hamilton ends Mercedes era with rousing drive in F1 season finale

The 39-year-old Briton will be driving for Ferrari next season.
A staff member wearing a "Squid Game" costume stands at an activation zone for the Netflix series at Dongdaemun Design Plaza in Seoul.
CULTURE / Entertainment news
Dec 9, 2024

'Squid Game' premieres in Seoul after martial law declaration

"Squid Game" showrunner Hwang Dong-hyuk called the political chaos "extremely unfortunate and infuriating" at a press event for the Netflix series.
Rupert Murdoch arrives for a probate court hearing in Reno, Nevada on Sept. 16.
BUSINESS / Companies
Dec 10, 2024

Murdoch loses 'Succession' battle for son's control of media empire

The media mogul sought to make Lachlan, his eldest son who is understood to share his worldview, as the controlling player in the family empire after his death.
A sign warns of a nearby bear sighting in Takikawa, Hokkaido, on Oct. 17.
JAPAN / Society / Regional Voices: Hokkaido
Dec 30, 2024

Hokkaido 2024: Looking back on Rapidus, bears and shinkansen

The key topics are expected to continue making headlines in 2025.
The 12-year wait between Designtide Tokyo events was long, but the range and quality of exhibitions on offer made it worth the wait.
LIFE / Style & Design
Dec 11, 2024

After 12 years, Designtide Tokyo returns with a lineup of sensory dialogue

Swedish music hardware company Teenage Engineering both scored and encapsulated the philosophy of the innovative design fair's 12-year comeback.
Tiger Woods and his son Charlie Woods walk off the seventh green during a practice round for the U.S. Open golf tournament in Pinehurst, North Carolina, on June 11.
MORE SPORTS / Golf
Dec 11, 2024

Tiger and Charlie Woods set to compete in next week's PNC

"Playing together is something we look forward to," said Tiger Woods.
In 2024, Scottie Scheffler won seven PGA Tour events, including the Masters, and took home the gold medal at the Paris Olympics.
MORE SPORTS / Golf
Dec 11, 2024

Scheffler voted PGA Tour Player of the Year for third straight time

Tiger Woods and Rory McIlroy are the only players beside Scheffler to win the award three or more times.
Tokyo Gov. Yuriko Koike (center) answers questions at the Tokyo Metropolitan Assembly plenary session on Tuesday.
JAPAN
Dec 12, 2024

Tokyo to make day care free to boost birth rate

The move will expand a policy of free day care for second-born and subsequent children to first-borns as well.
Teruko Yokoyama (second from left), a senior member of Nihon Hidankyo, shares her experiences with students from Kuben Upper Secondary School in Oslo on Wednesday.
JAPAN
Dec 12, 2024

Hibakusha share experiences with Oslo high school students

Some 200 students learning sociology and other subjects were called on to think about peace.
Shohei Ohtani's prowress on the diamond translated into an outsized influence on Japan's consumer trends this year.
LIFE / Lifestyle
Dec 13, 2024

The year that Shohei Ohtani achieved 'yokozuna' status … in the market

To qualify as a genuine "hitto" (hit), a product or service must harness some new concept or technology in a manner that significantly impacts the marketplace.
Former China coach Li Tie, seen during a World Cup qualifier in September 2021, was sentenced to 20 years in prison on corruption charges on Friday.
SOCCER
Dec 13, 2024

Former China men's soccer coach Li Tie sentenced to 20 years in jail for corruption

Anti-graft authorities in China took aim at the sports industry in 2022 and announced a string of convictions for former soccer administrators this week.
Before (top) and after images of the regrowth of a tooth in a ferret (center top and bottom) and mice (right and left)
JAPAN / Science & Health
Dec 13, 2024

Japanese researchers test pioneering drug to regrow teeth

Tests on mice and ferrets suggest that blocking a protein called USAG-1 can awaken a third set of teeth.
Syrian President Bashar Assad's downfall stemmed from his failure to reform the country's corrupt, sectarian regime and an economy ravaged by war, leaving his government unable to withstand the recent rebel offensive.
COMMENTARY / World
Dec 13, 2024

Syria’s kleptocratic rule and a house of cards

Like the fictional mafia family, Assad’s regime relied on kickbacks from wealthy business owners and shaking down foreigners.
Containers at the Yangshan deepwater port in Shanghai earlier this year. A new trade war with the U.S. would still hurt China more as Washington can levy ever-larger import duties on its goods and further rip the Asian giant from its supply chains, analysts say.
BUSINESS / Economy
Dec 13, 2024

China eyes negotiations as Trump threatens new tariffs

Beijing is seeking to amass bargaining chips to kick off talks with a new U.S. administration on contentious aspects of its ties with Washington.
A Nippon Steel blast furnace building in Kashima, Ibaraki Prefecture, on Dec. 6
BUSINESS / Companies
Dec 14, 2024

Nippon Steel’s plan B now in focus as $14 billion U.S. deal falters

The bid for the once-fabled American company ran into a maelstrom of political opposition in the U.S. in the run-up to the presidential election.
Lekh Juneja, chairman and CEO of Kameda Seika, at the company's headquarters in the city of Niigata in August
BUSINESS / Companies
Dec 15, 2024

Indian-born CEO of Japanese company says nation needs immigration to thrive

Japan has very few foreign-born CEOs, and boardrooms are overwhelmingly male.

Longform

It's back to the classroom for some residents as municipal governments across the country conduct lessons to learn how to use new technologies.
Can aging Japan go digital without leaving anyone behind?