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Ukrainian leader Volodymyr Zelenskyy greets then-U.S. President Donald Trump during a bilateral meeting on the sidelines of the United Nations General Assembly in New York in September 2019.
WORLD / Politics
Jul 20, 2024

Trump says he spoke with Zelenskyy and pledges to 'end the war'

Zelenskyy said earlier this week that he and Trump would "work together" if the Republican won the White House.
Men inspect an electric car at a showroom in Riyadh in June. Although the EV market in Saudi Arabia remains small compared with the United States and China, it tripled last year to nearly 800 cars.
BUSINESS / Tech
Jul 25, 2024

EV adoption gathers steam in fossil fuel-rich Saudi Arabia

The kingdom's EV market tripled last year to nearly 800 cars, according to Saudi business news outlet Al-Iqtisadiyah.
U.S. Secretary of Defense Lloyd Austin (left to right), U.S. Secretary of State Antony Blinken, Foreign Minister Yoko Kamikawa and Defense Minister Minoru Kihara prior their "two-plus-two" talks at the Iikura Guest House in Tokyo on Sunday
JAPAN / Politics / ANALYSIS
Jul 28, 2024

In historic move, U.S. to upgrade military command structure in Japan

The move — one of the most significant in the alliance's history — comes as Washington and Tokyo overhaul military ties in the face of an increasingly assertive China.
Japanese currency authorities spend ¥5.5 trillion to prop up the yen against the dollar in the past month.
BUSINESS
Aug 1, 2024

Japan spent ¥5.5 trillion to prop up the yen in past month

The latest action appears to have helped reverse the tide on the yen’s weakness.
Bank of Japan Gov. Kazuo Ueda holds a news conference at the central bank's headquarters in Tokyo on Wednesday. The bank raised rates to 0.25% in just the second hike since 2007.
COMMENTARY / Japan
Aug 1, 2024

Ueda’s big day was lost in a communication black hole

The BOJ should improve its information release process, including fixing leaks and setting fixed release times, to avoid similar issues in the future.
South Korea's Lim Si-hyeon has three gold medals from the 2024 Paris Games. Archers from the country have all been given cars by team sponsor Hyundai.
OLYMPICS
Aug 4, 2024

Diamonds, meatballs and motors: How Olympians can win more than medals

Many rewards are financial, but they can also be more eclectic.
An electronic stock board displaying the Nikkei 225-issue Nikkei average outside a securities firm in Tokyo on Tuesday.
BUSINESS / Markets
Aug 6, 2024

Tokyo stocks rebound 10% following Monday’s mad rout

The yen, which had strengthened to the ¥141 mark on Monday from almost ¥162 just weeks earlier, was trading around ¥145 to the dollar on Tuesday.
Itochu is buying back ¥150 billion worth of its own shares.
BUSINESS / Companies
Aug 6, 2024

Itochu to buy back shares and take full control of apparel and chemicals units

The deals are part of a trend of dissolving dual listings of parent and subsidiary companies to enhance corporate governance and improve operational efficiency.
Prime Minister Fumio Kishida meets with Chinese leader Xi Jinping at a summit in Bangkok in November 2022. Despite Japan-China relations stagnating in recent years, Xi's administration presents some interesting opportunities for an overture between the two countries.
COMMENTARY / Japan / Geoeconomic Briefing
Aug 12, 2024

Will Japan and China’s relations continue to stagnate?

Japan and China have historically been at odds and relations have stagnated. This pattern can be broken by seizing the moment, one that offers some key opportunities.
In an image provided by federal agencies, a colorized electron microscope image shows avian influenza grown in cultured cells. The virus is poised to become a permanent presence in cattle, raising the odds of an eventual outbreak among people.
WORLD / Science & Health
Aug 22, 2024

How U.S. farms could start a bird flu pandemic

The longer the virus circulates in cattle, the more chances it has to acquire the mutations necessary to set off an influenza pandemic.
Apple TV+ series “Pachinko” follows four generations of a Korean immigrant family as they move through the 20th century.
CULTURE / TV & Streaming
Aug 26, 2024

Masterful and stirring, ‘Pachinko’ returns with more depth

The immersive historical drama is collaborative art at its very best — instead of offering tidy answers, it asks the most profound questions of our times.
Bank of Japan Gov. Kazuo Ueda speaks during a Lower House committee meeting on Friday.
BUSINESS / Economy / ANALYSIS
Aug 26, 2024

BOJ shows how action matters more than hawkish signs

In the debate over how central banks can affect market perceptions, the central bank may have gotten it right when in July it raised rates for a second time.
Daiwa Securities' renewed push in Australia comes as Chief Executive Officer Akihiko Ogino seeks to increase income from outside Japan by about 40% in the next few years.
BUSINESS / Companies
Aug 26, 2024

Daiwa plans foray into Australian farm loans and real estate

The firm wants to continue its focus on lending and advisory in the clean energy space, leveraging its five staff in Sydney and Melbourne.
Digital minister Taro Kono speaks during a news conference to announce his candidacy in the ruling Liberal Democratic Party's presidential election in Tokyo on Monday.
JAPAN / Politics
Aug 26, 2024

Taro Kono joins contest for LDP presidency

Touting his international credentials, the digital minister put economic reform at the top of his agenda, pledging to cut publicly funded projects that are ineffective.
An electronic quotation board shows the Nikkei stock average dropping more than 1,500 points on Wednesday, weighed down by falls on Wall Street following lackluster manufacturing data.
BUSINESS / Markets
Sep 4, 2024

Japanese stocks tumble amid U.S. tech selloff

Some analysts see Wednesday’s drop as a temporary reaction than a start of another meltdown.
China's Foreign Minister Wang Yi arrives at the ministerial conference during the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) held at the Diaoyutai State Guesthouse in Beijing on Tuesday.
WORLD / Politics
Sep 4, 2024

China pledges to encourage investment in Nigeria

The two sides plan to strengthen ties in China's Belt and Road Initiative, human resources development and nuclear energy.
Chinese President Xi Jinping and his wife Peng Liyuan greet the press before welcoming leaders from African countries in Beijing on Wednesday.
ASIA PACIFIC / Politics / ANALYSIS
Sep 5, 2024

Debt woes and funding needs in focus as China hosts African leaders

Africa and its ample mineral and oil resources have become the focus of intense geopolitical competition in recent years.
Hajime Takata, Bank of Japan's board member, says the bank needs to proceed with a further rate hike if inflation continues to develop.
BUSINESS / Economy
Sep 5, 2024

BOJ to need more hikes if justified by data, board member says

The remarks reinforce the recent message by Gov. Kazuo Ueda that the bank will continue to normalize its policies as conditions allow.
The Bank of Japan headquarters in Tokyo. The BOJ was seen as having contributed to the global market meltdown in early August after its 0.25% hike.
BUSINESS / Economy
Sep 6, 2024

BOJ’s hiking pace may be faster than expected, ex-official says

While almost no economists expect the BOJ to adjust its benchmark rate on Sept. 20, many BOJ watchers expect another rate hike by January.
Masato Kanda, Japan's former top currency diplomat, led massive bouts of yen-buying intervention in the currency markets in 2022 and 2024.
BUSINESS / Economy
Sep 10, 2024

Japan nominates ex-currency diplomat Kanda to head ADB

Since its 1966 founding, the ADB's top post has always gone to a Japanese national, making Kanda a strong candidate.
Belmarsh prison in London. The financial, political and social stresses around prisons — and the potential danger they pose to the U.K.'s fledgling Labour government — were vividly exposed by widespread rioting within weeks of Labour taking power.
WORLD / Politics
Sep 12, 2024

Overcrowded prisons force U.K.’s Starmer to take first big gamble

Apart from Scotland, England and Wales lock up a bigger proportion of their combined population than anywhere else in Western Europe.
Oasis band members Liam and Noel Gallagher are the subjects of a mural by artist Pic.One.Art in the Burnage area of Manchester, England.
CULTURE / Music / Sound Off
Sep 14, 2024

A potential reunited Oasis gig in Japan should have promoters salivating

The British rock act has a huge Japanese following, one that could provide a much-needed shot in the arm for the country's summer festivals.
Local residents are evacuated by Polish rescuers in the village of Rudawa, southern Poland, on Sunday.
WORLD
Sep 17, 2024

Flood death toll rises as Europe counts cost of storm Boris

Governments across the region taking emergency measures and preparing to spend hundreds of millions of euros on the cleanup.
Federal Reserve Chair Jerome Powell holds a news conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington on Wednesday.
BUSINESS / Economy
Sep 19, 2024

Fed cuts rates by half-point in decisive bid to defend economy

It is the Fed’s first rate cut in more than four years.
Fed Chair Jerome Powell injected uncertainty as to where future rates will ultimately land during his news conference following the Federal Open Market Committee meeting in Washington on Wednesday.
COMMENTARY / World
Sep 19, 2024

The Fed’s uncertain destination troubles the bond market

The upshot is that longer-term bond yields don’t have much room to fall in the near-term unless the economy weakens materially.
Elderly people rest at a park in Beijing on May 22.
BUSINESS
Sep 24, 2024

China's retirement reforms not enough to fix pension headache

Lawmakers fast-tracked the policy without public consultation in September
CCP Committee Secretary and People's Bank of China head Pan Gongsheng in Beijing on Tuesday
BUSINESS / Economy
Sep 25, 2024

Xi’s economic adrenaline shot is only buying China a little time

The measures include interest rate cuts, more cash for banks, bigger incentives to buy homes and plans to consider a stock stabilization fund.
A photo of Chinese leader Xi Jinping is displayed at the National Security Exhibition Gallery in Hong Kong on Monday. The 24-man Politburo led by Xi has recently unveiled a series of pro-growth goodies to help the country's economy.
BUSINESS / Economy / FOCUS
Sep 28, 2024

Xi’s big stimulus week aims to draw a line under China slowdown

A recent barrage of policy announcements marked a sea change in Xi’s approach to managing China’s $18 trillion economy.
Institute of Science Tokyo's Chief Executive Officer Naoto Otake (right) and Chief Academic Officer Yujiro Tanaka at the university's campus in Tokyo's Meguro Ward on Tuesday
JAPAN
Oct 2, 2024

Institute of Science Tokyo launched after merger of two universities

The new university has 6,242 undergraduates and 7,116 postgraduates. Of them, 2,145 are foreign students.
A male employee of Gunma Bank in Fukaya, Saitama Prefecture, allegedly swindled clients out of a total of ¥55.35 million ($377,000) by falsely claiming to exchange their old banknotes for new ones.
JAPAN / Crime & Legal
Oct 3, 2024

Gunma Bank dismisses employee over alleged ¥55 million scam

He allegedly took money from clients under the pretext of exchanging old banknotes for new ¥10,000 ones.

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Members of the nonprofit group Japan Youth Memorial Association search for the remains of dead soldiers in a cave in Okinawa Prefecture in February.
The long search for Japan’s lost soldiers