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November 24, 2024
 

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Over the past two years, 2.4 million people arrived in Canada, more than the population of the U.S. state of New Mexico. Yet Canada barely added enough housing that would cater to just the residents of the New Mexico capital of Albuquerque.
BUSINESS / Economy
May 6, 2024
Global housing shortages are crushing immigration-fueled growth
In developed economies such as Canada, Australia and the U.K., life is getting tougher for both locals and immigrants alike.
A Lamborghini Diablo SL automobile displayed at the company's event to mark the automaker’s 60th anniversary in Seoul in September 2023. While the boost in wealth among crypto investors was mostly poured into discretionary spending, a significant portion spilled into local housing markets, the researchers found.
BUSINESS / Markets
May 6, 2024
Lamborghini bros no more: Crypto is creating a new wealth effect
Study suggests that household spending out of crypto gains is more like the patterns from traditional equity investments, such as on home purchases.
A scene from "The Maiden Benten and the Bandits of the White Waves" ("Benten Kozo") at the University of Hawaii at Manoa
CULTURE / Stage
May 5, 2024
Students from Hawaii to perform English-language kabuki in Japan
The group will perform "Benten Kozo," a play depicting the twists and turns of five thieves following their own code of honor.
A supporter of Republican presidential candidate and former U.S. President Donald Trump waves a flag during a gathering in Palm Harbor, Florida, in March.
WORLD / Politics / ANALYSIS
May 5, 2024
Trump vows to fight 'anti-white feeling' in U.S. His allies have a plan.
Some high-profile supporters say policies for safeguarding people of color should be repurposed to protect the rights of white people as well.
Thomas A. Robinson National Stadium in Nassau, Bahamas
OLYMPICS / Athletics
May 5, 2024
U.S., Italy and Japan among 4x100 meter teams to qualify for Paris Olympic relays
Reigning Olympic 100 m gold medalist Marcell Jacobs helped Italy qualify for the 4x100 relays at the Paris Olympics.
The National Diet building in Tokyo
JAPAN / Politics
May 4, 2024
Japan says Biden's description of nation as xenophobic is 'unfortunate'
The government said it was "unfortunate that comments not based on an accurate understanding of Japan's policy were made."
U.S. President Joe Biden speaks at the United Steelworkers Union headquarters in Pittsburgh, Pennsylvania, on April 17. Biden made clear that he does not want the proposed takeover of U.S. Steel by Japan’s Nippon Steel to happen.
BUSINESS / Companies
May 4, 2024
Political furor over Nippon Steel's U.S. Steel bid puts investment panel in spotlight
Backlash over the deal has echoes of the 1980s when Nippon Steel tried and failed to buy another American metal company.
Former U.S. Treasury Secretary Lawrence Summers
BUSINESS / Economy
May 4, 2024
Ex-U.S. Treasury chief says currency interventions fail even at Japan’s scale
Policymakers likely spent some ¥9 trillion this week, an analysis of Bank of Japan accounts shows.
Members of the Polish military train with the Patriot air defense system at an airport in Warsaw in February 2023.
WORLD / Politics / ANALYSIS
May 4, 2024
Missile defense successes fuel global urgency to acquire systems
Experts say the practical and political incentives of investing in the systems will be too hard to ignore — and intensify arms races.
A local resident visits the Lychakiv cemetery in Lviv, Ukraine, on Thursday. The U.S. is in talks with close partners to lead a group of allies that would give as much as $50 billion in aid to Ukraine.
WORLD / Politics
May 4, 2024
G7 eyes plan on U.S.-led $50 billion aid package for Ukraine
The plan is being discussed among the Group of Seven nations, with the U.S. pushing to have an agreement when G7 leaders meet in Italy in June.
From left: U.S. Secretary of Defense Lloyd Austin, Australian defense chief Richard Marles, Japanese Defense Minister Minoru Kihara and Philippine Defense Secretary Gilberto Teodoro hold a joint news conference in Honolulu on Thursday.
ASIA PACIFIC / Politics
May 3, 2024
With eye on China, defense chiefs agree to bolster interoperability
Although “China” was not uttered by the officials during their news conference in Hawaii, Beijing’s growing assertiveness was clearly on their minds.
Tiger Woods accepted a special exemption to compete in this year's U.S. Open, the USGA announced on Thursday.
MORE SPORTS / Golf
May 3, 2024
Tiger Woods accepts special exemption into U.S. Open
"The U.S. Open, our national championship, is a truly special event for our game and one that has helped define my career," Woods said.
Nomura Holdings and Mizuho Bank are hit by more than $100 million of potential losses related to All Blue Capital, raising questions about their monitoring of high-risk investment funds.
BUSINESS / Companies
May 3, 2024
Nomura and Mizuho face losses after fund’s failed trades
The size of the potential losses raises questions about the risk-management practices at two of Japan’s largest banks.
The U.S. Steel plant in Clairton, Pennsylvania
BUSINESS / Companies
May 3, 2024
Nippon Steel pushes back U.S. Steel acquisition until December
Nippon Steel has delayed acquiring United States Steel as the United Steelworkers union opposes the plan, along with U.S. President Joe Biden.
Senator Tim Scott (center), a Republican from South Carolina, speaks during a campaign event with former U.S. President Donald Trump, (left), and Doug Burgum (right), governor of North Dakota, in Laconia, New Hampshire, in January.
WORLD / Politics
May 3, 2024
Trump auditions VP picks before wealthy donors in Palm Beach
Trump’s running mate may have to take on an unusually large amount of campaigning if his legal troubles prevent him from keeping a robust travel schedule.
U.S. President Joe Biden speaks about student protests at U.S. universities during brief remarks at the White House in Washington on Thursday.
WORLD / Politics
May 3, 2024
After breaking silence, Biden faces balancing act on Gaza demos
Biden took a tough, law-and-order tone after police broke up some of the protests that have rocked U.S. college campuses.
The possibility of a potential invasion of Taiwan by China and Russia is prompting new planning across the U.S. government to counter such a scenario.
ASIA PACIFIC / Politics
May 3, 2024
U.S. spies see China and Russia working closely on military issues
The possibility of a potential invasion of Taiwan by China and Russia is prompting new planning across the U.S. government to counter such a scenario.
Optica headquarters in Washington, D.C., on Tuesday
BUSINESS / Companies
May 3, 2024
Huawei secretly backs U.S. research, awarding millions in prizes
Huawei Technologies is the sole funder of a research competition that has awarded millions of dollars since its inception in 2022.
U.S. Secretary of State Antony Blinken arrives in Jeddah, Saudi Arabia, on March 20.
WORLD / Politics
May 3, 2024
U.S. and Saudi Arabia finalizing details of security pact, sources say
For now, negotiators have prioritized a bilateral security accord that would then be part of a wider package presented to Israel.
Police walk past people operating bulldozers to remove the remnants of a protest encampment in support of Palestinians that police broke down the previous night on the campus of the University of California Los Angeles on Thursday.
WORLD / Politics
May 3, 2024
Fresh chaos and arrests as police flatten camp at UCLA
In the pre-dawn hours, helmeted police swarmed a tent city set up at the University of California in Los Angeles, using flash bangs and riot gear.
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.
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
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.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
Japan will spend ¥325 million in government funds on Princess Yuriko's funeral
Princess Yuriko waves during the New Year's public greeting at the Imperial Palace in Tokyo in January 2019.
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

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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