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Light trails left by moving traffic in the Yeouido financial district of Seoul
BUSINESS / Markets
Feb 26, 2024

South Korea unveils corporate value-boosting plan to replicate Japan

The plan to push companies to improve management and corporate governance has disappointed due to a lack of enforcement and concrete details.
Customers shop at the GU store in the SoHo neighborhood of New York. The brand's operator Fast Retailing hopes to expand its share in markets in the United States and Europe.
BUSINESS / Companies
Feb 26, 2024

Uniqlo’s sister brand GU takes aim at market in U.S. and Europe

International sales made up more than half of Uniqlo’s revenue in the latest fiscal year, GU has mostly only flourished domestically.
Feleti Teo was formally selected by lawmakers as Tuvalu's premier on Monday.
ASIA PACIFIC / Politics
Feb 26, 2024

Taiwan envoy says Tuvalu ties 'rock solid' post-election

With a population of just 11,000, Tuvalu is one of just 12 states that still have formal diplomatic relations with Taipei rather than Beijing.
People read newspapers at a roadside tea stall in Patna, Bihar, India. Newsrooms are being reshaped, journalists say, by India’s richest press barons, many of whom are close to the ruling party and depend on millions of advertising dollars from the government.
ASIA PACIFIC / Politics
Feb 26, 2024

Billionaire press barons are squeezing media freedom in India

Many press barons are close to the ruling party and depend on millions of advertising dollars from the government.
Japan, Britain and Italy have made headway in their joint next-generation fighter aircraft project, with industry officials saying that the partners are close to completing the aircraft’s conceptual design phase.
JAPAN / FOCUS
Feb 26, 2024

Japan joint fighter program gains steam as firms zero in on conceptual design

The completion of the conceptual design phase will allow Japan, Britain and Italy to move to the next stage of the program next year.
China saw a record six months of outflows from the equity market until this month, while foreign direct investment is at a 30-year low.
BUSINESS / Markets
Feb 26, 2024

China’s quant clampdown risks damaging fragile markets for years

Beijing's changes made it hard for quant funds' data-reliant models to outperform the market, and even resulting in repeated wrong predictions.
Director-General of the World Trade Organization (WTO) Ngozi Okonjo-Iweala addresses the 13th WTO Ministerial Conference in Abu Dhabi on Monday.
BUSINESS / Markets
Feb 26, 2024

WTO seeks modest outcome in UAE at 'critical juncture' for global trade

The stated goals is to set new global commerce rules, but even its ambitious chief Ngozi Okonjo-Iweala sought to curb expectations.
A man claimed Amazon promised "unlimited, commercial-free, instant streaming” of entertainment through Prime Video. He alleges the company reneged on the deal and is suing.
COMMENTARY / World
Feb 23, 2024

Amazon shouldn't be swindling users

The tech giant is being sued for charging subscribers more than advertised: Not what you'd expect from a self-professed customer-obsessed company.
People take pictures of the city skyline lit up by drones during a performance to welcome the Lunar New Year of the Dragon, at Marina Bay in Singapore on Feb. 10.
ASIA PACIFIC / Society
Feb 26, 2024

Singapore embraces AI to solve everyday problems

Ranked the fifth most innovative country by the GII last year, Singapore was an early adopter of AI, releasing its first national strategy in 2019.
Red Bull Racing's Max Verstappen drives during the third day of the Formula One pre-season testing at the Bahrain International Circuit on Friday.
MORE SPORTS / Auto Racing
Feb 27, 2024

F1 starts longest season with Red Bull still the team to beat

Ferrari, Mercedes, McLaren and Aston Martin are all confident that gremlins in their new cars have been removed.
The FIFA Series is designed to benefit national teams that do not have the opportunity to play teams from other confederations.
SOCCER
Feb 27, 2024

Biennial FIFA series of friendly games to launch in March

The series is designed to benefit national teams that do not have the opportunity to play teams from other confederations.
Toru Nakashima, CEO of Sumitomo Mitsui Financial Group, says he is considering an expansion of the bank’s alliance with Jefferies Financial Group into Asia.
BUSINESS / Companies
Feb 27, 2024

Sumitomo Mitsui may expand Jefferies pact into Asia amid focus overseas

The partners won more than 30 deals since expanding their tie-up last year, in which Sumitomo Mitsui agreed to triple its stake in the U.S. bank.
Sean Bailey, president of Walt Disney Studios Motion Picture Production, at his office in Burbank, California
BUSINESS / Companies
Feb 27, 2024

Disney reshuffles leadership at troubled namesake movie division

New President David Greenbaum oversaw the release of Oscar nominated "Poor Things" and previous winners such as "The Shape of Water" and "Nomadland."
In early February, the Finance Ministry announced that government debt at the end of last year had reached a record high of ¥1.2 quadrillion.
JAPAN / Politics / FOCUS
Feb 27, 2024

With downfall of Abe faction, some see a shift in Japan’s debt debate

The faction has long promoted fiscal stimulus, but its demise combined with wider economic conditions could open up space for a different approach.
A Boeing Co. 737 Max airplane on the production line at the company's manufacturing facility in Renton, Washington, in March 2019
BUSINESS / Companies
Feb 27, 2024

Boeing's safety culture slammed by FAA after 737 Max midair door loss

An expert report shows the work still to be done at Boeing despite efforts to overhaul its culture after fatal crashes in 2018 and 2019 killed 346 people.
Farmers in India take part in a recent march on New Delhi to demand that minimum crop prices be written into law in scenes reminiscent of protests in 2021. 
COMMENTARY / World
Feb 27, 2024

India’s farmers are mad as hell and not going to take it anymore

Farmers in India are marching to demand that guaranteed crop prices promised in 2021 be written into law. Will Modi acquiesce like he did three years ago?
Sweden's Prime Minister Ulf Kristersson receives information that Hungary's parliament has voted yes to ratify Sweden's NATO accession, at the government headquarters in Stockholm on Monday.
WORLD / Politics
Feb 27, 2024

The NATO welcoming Sweden is larger and more determined

The alliance's expansion was a consequence from the invasion of Ukraine that Russian President Vladimir Putin may not have calculated.
Houthi supporters and other protesters rally in solidarity with the Palestinians in Sanaa, Yemen, on Friday.
WORLD / Politics
Feb 27, 2024

After U.S. strikes, Iran’s proxies scale back attacks on U.S. bases

Tehran, wary of igniting open warfare with Washington, has told militia groups it backs to curtail assaults on targets such as military installations.
Apple started working on a car around 2014, setting its sights on a fully autonomous electric vehicle with a limousine-like interior and voice-guided navigation.
BUSINESS / Tech
Feb 28, 2024

Apple to wind down electric car effort after decadelong odyssey

Many employees on the team will be reassigned to focus on generative artificial intelligence projects, an increasingly key priority for the company.
Banks can boost their productivity by as much as 30% using generative AI over the next three years, according to analysis from consultancy firm Accenture.
BUSINESS / Tech
Feb 28, 2024

Bankers will see three-quarters of the workday transformed by AI

The world’s biggest banks have been experimenting with AI, spurred on by the promise that the technology will boost productivity and cut costs.
The United States has cautioned Pacific Islands nations against assistance from China after reports surfaced that Chinese police are working in Kiribati.
ASIA PACIFIC / Politics
Feb 28, 2024

U.S. cautions after Hawaii neighbor Kiribati gets Chinese police

The news comes as Beijing renews a push to expand security ties in the Pacific Islands in an intensifying rivalry with the United States.
Serbian President Aleksandar Vucic with Chinese President Xi Jinping in Beijing on Oct. 17, 2023
WORLD / Politics
Feb 28, 2024

Serbian leader says ‘Taiwan is China’ as Xi plans Balkan trip

The Serbian leader’s wading into rising tensions over the Taiwan Strait sends a signal of allegiance to Beijing.
U.K. Prime Minister Rishi Sunak
ENVIRONMENT / Climate change
Feb 29, 2024

Politicians betting the earth on climate backlash in election year

Moves to roll back green policies and downplay climate change within the world's top climate polluters follow the hottest year on record.
A Honda CR-V e:FCEV on display at H2 & FC Expo in Tokyo on Wednesday
BUSINESS / Companies
Feb 28, 2024

Honda to sell plug-in hydrogen vehicle in North America, Japan

Japan's second-largest carmaker hopes to ease drivers’ anxiety over finding hydrogen stations by adding electric recharging capabilities.
Warriors guard Stephen Curry drives to the basket during a game against the Wizards on Tuesday.
BASKETBALL / NBA
Feb 28, 2024

Stephen Curry is battling the clock to win over sneaker fans

Curry, 35, is still a commanding presence in the NBA, but he has work to do when it comes to winning over "sneakerheads."
An employee organizes baby supplies at a store in Siheung, South Korea, on Tuesday. A lack of babies is speeding up the aging of South Korean society, generating concerns about the growing fiscal burden of public pensions and healthcare.
ASIA PACIFIC / Society
Feb 28, 2024

South Korea keeps shattering its own record for lowest fertility rate

The number of babies expected per woman in a lifetime fell to 0.72 last year from 0.78 in 2022.
While Tokyo and Washington have maintained strong ties under U.S. President Joe Biden and Prime Minister Fumio Kishida amid intensifying concern over China’s regional ambitions, Japanese officials are still hedging their bets by sending out feelers in the event of another term under Donald Trump.
JAPAN / Politics
Feb 28, 2024

Ex-senior Trump official reassures Tokyo over possible comeback

A former deputy assistant to the ex-president swatted away concerns, saying Trump's 2024 White House bid "is a very different effort than 2016."
U.N. Secretary-General Antonio Guterres says the international community is currently experiencing "gridlock" and suffering "colossal global dysfunction.”
COMMENTARY / World
Feb 28, 2024

No one wins in a lose-lose world

Fragmentation of the world economy could derail growth, especially in low-income countries, turning zero-sum thinking into a self-fulfilling prophecy.
The new national security law will target crimes including treason, theft of state secrets, espionage, sabotage, sedition and "external interference" including from foreign governments. The Hong Kong legislature, which is dominated by pro-Beijing lawmakers, is expected to approve it.
ASIA PACIFIC / Politics
Feb 28, 2024

Hong Kong moves toward enacting tougher security law amid concerns about freedoms

Lawyers and activists say the law criminalizes basic human rights such as freedom of expression, but Hong Kong authorities say the new law is necessary.
A young woman (Atsuko Maeda, right) reveals a traumatic event from her past to a one-night stand (Ryota Bando) in “Voice.”
CULTURE / Film
Feb 29, 2024

‘Voice’: Raw performances knit together moving omnibus

Yukiko Mishima’s film consisting of three standalone segments powerfully speaks to the emotional wounds of trauma.

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