Search - 2013

 
 
Nippon Steel's proposed acquisition of U.S. Steel would give it greater access to the profitable U.S. market and further its long-term financial goals.
BUSINESS / Companies
Jun 3, 2024

Nippon Steel's Mori hints at selling some assets to aid U.S. Steel deal

The firm's vice chairman plans to return to the United States this week for more talks over the proposed acquisition.
New coach of Turkish club Fenerbahce Jose Mourinho (center) waves to supporters at the Sukru Saracoglu Stadium in Istanbul on Sunday.
SOCCER
Jun 3, 2024

Mourinho unveiled as new Fenerbahce manager

Mourinho, 61, has been out of a job since he was sacked by Serie A side AS Roma in January.
Employees assemble an electric transformer on the outskirts of Ahmedabad, India, on March 28.
WORLD
Jun 3, 2024

Modi plans post-election reforms to rival Chinese manufacturing

Indian Prime Minister Narendra Modi plans a raft of business-friendly measures if he wins a third term this week, including pushing through regulations making it easier to hire and fire workers, according to two government officials familiar with the matter.
"Paris" is projected onto the Arc de Triomphe to celebrate the entry into the Olympic year, during the New Year's celebrations on the Champs Elysees avenue in Paris on Jan. 1, 2024.
WORLD / Politics
Jun 4, 2024

Russian bots use fake Tom Cruise for Olympic disinformation

The video also included falsified endorsements from media outlets including The New York Times and the BBC.
Al Shifa Hospital after Israeli forces withdrew from the hospital and the area around it following a two-week operation, in Gaza City on April 2
WORLD
Jun 5, 2024

Gaza's doctors were building a health care system. Then came war.

Before the war, specialist doctors were part of a strategic effort by Hamas to build a self-sufficient health care system for Gaza.
Demonstrators hold Fatah flags during a protest in support of the people of the Gaza Strip in Hebron, in the Israeli-occupied West Bank, on Oct. 27, 2023.
WORLD
Jun 5, 2024

Hamas signals post-war ambition in talks with Palestinian rival Fatah

The meetings highlight that the Islamist militant group is likely to retain influence in the Gaza Strip after its war with Israel.
Prime Minister Fumio Kishida and his Indian counterpart, Narendra Modi, meet in Tokyo in May 2022 on the sidelines of the Quadrilateral Security Dialogue. The coalition is now adrift and the reason for the drop-off is simple: The U.S. is preoccupied with Europe and the Middle East.
COMMENTARY / World
Jun 5, 2024

Is 'the Quad' becoming a Potemkin alliance?

Despite its initial promise, "the Quad" coalition now appears to be losing momentum, posing significant security risks.
The Bank of Japan headquarters in Tokyo. More than half of the 50 economists surveyed predict the central bank will decide next week to slow the pace of bond buying.
BUSINESS / Markets
Jun 7, 2024

Majority of BOJ watchers expect cut in bond buying next week

Some 54% of 50 economists said the bank will slow the pace of bond buying from around ¥6 trillion per month at the policy board gathering.
The Bank of Japan headquarters in Tokyo
BUSINESS / Markets
Jun 10, 2024

Investors brace for volatility as BOJ seeks to cut bond buying

The Bank of Japan bought only ¥4.5 trillion of government bonds last month, the lowest amount since March 2013.
Bankruptcies rose especially among restaurant operators amid labor shortages and rising labor costs.
BUSINESS / Economy
Jun 11, 2024

Japan corporate bankruptcies surge above 1,000 in May

The latest result came as many companies struggle with rising prices, as well as labor shortages mainly in the service sector.
Some experts believe if Beijing wants to assert its dominance on the world stage, then it is hard to see where common ground for compromise with the West can be found.
COMMENTARY / World
Jun 11, 2024

The U.S. debate over China policy intensifies

Some experts believe if Beijing wants to assert its dominance on the world, then it is hard to see where common ground for compromise with the West can be found.
Manchester United manager Erik ten Hag celebrates with the trophy after his club won the FA Cup over Manchester City on May 25.
SOCCER
Jun 12, 2024

Manchester United manager Ten Hag to stay at Old Trafford

The decision comes after an end-of-season review by the club's board for the 2023-24 campaign, which finished on a high with a shock FA Cup final win.
In 2023, 15.4% of China's population was over 65, a demographic milestone that typically slows economic growth.
COMMENTARY / World
Jun 12, 2024

Is China too old to get rich?

By 2023, 15.4% of China's population was over 65, a demographic milestone that typically slows economic growth.
Debris reportedly belonging to a drone shot down by Myanmar resistance fighters is pictured in southeastern Myanmar, in this handout picture released Tuesday.
ASIA PACIFIC
Jun 13, 2024

Stung by rebel's drone tactics, Myanmar's junta builds its own fleet

Observers say the junta started procuring commercial UAVs at the start of the year and is modifying to arm with locally-manufactured munitions.
Harmony Korine (center-left, in orange) DJs a set with his EDGLRD crew at a Tokyo event promoting his film, “Aggro Dr1ft,” at WWW X on June 6.
CULTURE / Film
Jun 14, 2024

Harmony Korine wants us to dream movies, and he’s working on a ‘pill’ for that

Korine and his collaborators came to Tokyo to screen his new film "Aggro Dr1ft," his first visit to Japan in 17 years.
Mrs. Green Apple has posted an apology on its official website after backlash over a music video that portrayed explorer Christopher Columbus in a charming way.
CULTURE / Entertainment news
Jun 13, 2024

J-pop act Mrs. Green Apple spikes ‘Columbus’ video after viewer backlash

A video in which band members portray Italian explorer Christopher Columbus "teaching" ape-like beings about culture? Japanese viewers are not on board with this one.
NBA legend Ray Allen high-fives children during a basketball clinic in Tokyo's Shibuya Ward on Saturday.
BASKETBALL / NBA
Jun 15, 2024

Former Celtics great Ray Allen says 'distractions' played role in Game 4 blowout

The two-time NBA champion, who ran a basketball clinic for children in Tokyo on Saturday, also stressed that learning defense is key for developing young players.
The summit of 7,027-meter Spantik mountain in the Karakoram range in Pakistan
JAPAN
Jun 16, 2024

One of two Japanese climbers missing in Pakistan found dead

Ryuseki Hiraoka, 55, and Atsushi Taguchi, 36, were attempting to summit the 7,027-meter Spantik mountain before they went missing last week.
Russian warships take part in a rehearsal for the Navy Day parade in the Black Sea port of Sevastopol, Crimea, in July 2019. Without a decisive victory in Ukraine, Russia's influence in the Black Sea, Mediterranean and Middle East will likely decline.
COMMENTARY / World
Jun 16, 2024

The Ukraine war threatens Russia’s regional influence

The war in Ukraine has undermined Russia’s capacity to project power and looks set to redefine its role in the Black Sea and the Mediterranean.
Tokyo Electric Power Company Holdings' Kashiwazaki-Kariwa nuclear power station in Kashiwazaki, Niigata Prefecture, in November 2022. The plant was shuttered in the wake of the 2011 Fukushima disaster, and has sat idle since.
JAPAN
Jun 23, 2024

World’s largest nuclear plant sits idle while energy needs soar

The Kashiwazaki-Kariwa plant has the potential capacity to power more than 13 million households.
Financial markets have tumbled since French President Emmanuel Macron dissolved the National Assembly a week ago, with about $210 billion wiped off the value of French stocks.
WORLD / Politics
Jun 17, 2024

France’s safeguards against the far right are starting to unravel

A radicalization of part of the French left and an alliance among groups ranging from the far-left to the moderates undermine the so-called republican front.
Richard Katz argues in his new book that the key to Japan emerging from decades of economic sluggishness depends on stimulating companies with high energy and dynamism, over the lumbering, older firms.
CULTURE / Books
Jun 20, 2024

Hope for Japan, if the elephants get out of the way

Protecting older companies, the jobs they have produced and the political and financial relationships they have nurtured, starves newer, more innovative businesses.
Without stronger international cooperation and policies that advance shared prosperity, growth will remain too slow to support progress on development and poverty reduction.
COMMENTARY / World
Jun 16, 2024

Getting the global economy out of the slow lane

The world economy has avoided recession despite the steepest rise in global interest rates since the 1980s.
Balaji Srinivasan addresses the Singapore Fintech Festival in November 2022. A techno-libertarian, Srinivasan, who made his name as an anti-government crusader, tried to attach himself to the U.S. government when he was under consideration for a position in the Donald Trump administration.
COMMENTARY / Japan
Jun 19, 2024

How techno-libertarians fell in love with big government

When faced with the prospect of the government becoming a major client for Silicon Valley techno-libertarians, once-principled opposition to state power dissipates.
Japan Post Bank will expand investment into long-term government bonds to take advantage of rising yields.
BUSINESS / Companies
Jun 20, 2024

Japan Post Bank to buy more bonds in light of BOJ taper plan

Japan Post Bank has ramped up investment in JGBs with the balance of holdings totaling ¥5.15 trillion as of March, expanding 1.5-fold from levels in December last year.
The holding lot of the Shanghai Automotive Industrial Corporation-Volkswagen joint venture in Shanghai in April 2023. As the European Union moves to impose tariffs on Chinese cars, Germany, with an auto industry deeply enmeshed with China, is stuck in the middle.
BUSINESS
Jun 23, 2024

Germany hopes to head off a trade war with China

China’s EV exports threaten European automakers, but companies like Volkswagen have extensive operations in China and fear retaliatory actions by Beijing.
Seaweed in the ocean off Hayama, Kanagawa Prefecture. Local residents aim to restore seagrass and seaweed beds suffering from marine desertification, and their project has also been certified to receive "blue carbon" credits.
ENVIRONMENT / OUR PLANET
Jun 23, 2024

Japan looks to 'blue carbon' to cut emissions — and restore its coasts

The nation's net zero goal has driven interest in these ecosystems, but verifying the amount of carbon stored by seaweed presents a challenge.
The skeleton remains of a town building of Minamisanriku, Miyagi Prefecture, are set to be preserved as a relic of the March 11, 2011, earthquake and tsunami that hit the Tohoku region.
JAPAN
Jun 24, 2024

Mayor decides to preserve tsunami-wrecked town building

The building will be preserved as a disaster relic when its management returns to the town from the Miyagi prefectural government on July 1.
A screen tracks Nvidia's stock price movements as a trader works on the floor at the New York Stock Exchange on Oct. 23, 2023.
BUSINESS / Companies
Jun 24, 2024

Nvidia sales grow so fast that Wall Street can’t keep up

No one can figure out what the chipmaker’s revenues are actually going to be amid an artificial intelligence boom.
People await the arrival of the Dalai Lama in New York on Sunday. The Tibetan spiritual leader is in the U.S. to undergo knee surgery.
COMMENTARY / World
Jun 24, 2024

China must not choose the next Dalai Lama

The 14th Dalai Lama, who is in the U.S. to undergo knee surgery, should leave instructions to choose his successor, therefore delegitimizing any Beijing-anointed figure.

Longform

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