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Singtel uncovered the breach of its network after detecting suspicious data traffic in a core back-end router and finding what it believed was sophisticated, and possibly state-sponsored, malware on it, according to a person familiar with the investigation.
ASIA PACIFIC / Crime & Legal
Nov 6, 2024

Chinese group accused of hacking Singapore's Singtel in telecom attacks

The breach of Singtel, which has operations throughout Southeast Asia and Australia, was seen as a test run by China for further hacks against U.S. firms.
Nvidia CEO Jensen Huang speaks during the launch of the supercomputer Gefion in Kastrup, Denmark, on Oct. 23. Nvidia's recent strength has come as the company calmed investor concerns about issues involving its Blackwell chip, which was delayed due to engineering snags, as well as its long-term growth prospects.
BUSINESS / Companies
Nov 6, 2024

Nvidia rides AI wave to surpass Apple as world’s largest company

Its share price rose 2.9% to $139.93 on Tuesday, taking its market capitalization to $3.43 trillion, ahead of Apple's $3.38 trillion.
Workers unload a large marble Buddha statue from a truck in Mandalay, Myanmar.
ASIA PACIFIC
Nov 6, 2024

The marble 'living Buddhas' trapped by Myanmar's civil war

Buddhist-majority Myanmar has been mired in bloody conflict since the military toppled the government of Aung San Suu Kyi in 2021.
During the Bank of Japan's September policy board meeting, some members pointed out that the central bank needs to more carefully communicate with the public to prevent a divergence between its views and those of investors.
BUSINESS / Economy
Nov 6, 2024

Bank of Japan board member moots Fed-style dot-plot projections

The dot plots show short-term rate projections of U.S. Federal Reserve officials.
Investigators from the Osaka Prefectural Police conduct a search last month at the high-end Japanese restaurant Tenhime, operated by Tateki Okuda, in the city of Osaka.
JAPAN / Crime & Legal
Nov 6, 2024

Osaka brothel owner arrested for allegedly forcing 150 into prostitution

The suspect, who had already been arrested for facilitating prostitution, was newly arrested along with four others for offering venues for prostitution.
Toyota posted its first quarterly profit drop in two years, as slowing sales and production volume stalled the world's top-selling automaker's recent record run.
BUSINESS / Companies
Nov 6, 2024

Toyota keeps profit outlook despite weakness in Japan and China

The carmaker showed signs of recovery from domestic scandals in Japan and major recalls in the United States.
Rizwan Gondal, the head police officer in Rahim Yar Khan distric, says that his detectives have a dossier proving the "heinous criminal activities" of Pakistani gangster Shahid Lund Baloch, who broadcasts on TikTok, Facebook, YouTube and Instagram defiant messages delivered gun-in-hand, romanticizing his rural lifestyle and cultivating a reputation as a champion of the people.
ASIA PACIFIC / Crime & Legal
Nov 6, 2024

TikTok bandits terrorize and transfix Pakistan riverlands

In riverine terrain in central Punjab that has long offered them refuge, bandits use the internet to enthrall citizens even as they prey on them.
UA Zensen President Tomoko Nagashima addresses the labor union's meeting in Urayasu, Chiba Prefecture, on Wednesday.
BUSINESS
Nov 6, 2024

Japan’s UA Zensen union aims for continued 6% wage hike in 2025

UA Zensen’s target follows an announcement last month by Rengo that it will continue to aim for at least a 5% pay rise in the next round of negotiations.
The Japan Pavilion at the Venice Biennale is located in the Giardini, a historic park in the Italian city.
COMMENTARY / Japan
Nov 6, 2024

Venice Biennale: 70 years of bringing Japanese art to the world

The Venice Biennale has been an international showcase for Japanese art for over seven decades. This year, Yuko Mohri is representing Japan at the prestigious event.
Tokyo stocks rallied on Wednesday as ballots were counted in the U.S. presidential election.
BUSINESS / Markets
Nov 6, 2024

Tokyo stocks rally and yen falls as Trump nears election win

The 225-issue Nikkei stock average rose 2.61% on the day while the yen fell 1.6% against the dollar as it became increasingly apparent that Donald Trump would likely win.
Nintendo reported ¥27.7 billion in net profit in the July-September quarter, down 69% year on year.
BUSINESS / Companies
Nov 6, 2024

Nintendo Switch sales drop as successor console looms

Despite the decline, sales continue to be robust in comparison to past Nintendo platforms in the same year, Nintendo said.
A cruel twist of fate upends the life of Jin Ai-hsia (Sylvia Chang) in "Daughter's Daughter," director Huang Xi's meditation on maternal grief.
CULTURE / Film
Nov 6, 2024

Chinese ghosts and grief compete at Tokyo International Film Festival

A slate of evocative features at Tokyo's major film event showcased established and upcoming directors from China, Hong Kong and Taiwan.
A pharmacist displays boxes of Ozempic in Provo, Utah.
BUSINESS
Nov 6, 2024

Obesity drug maker Novo Nordisk posts strong profit

Europe's most valuable company and the main driver of the Danish economy said it expected its 2024 full-year sales to be up by 23% to 27% from a year earlier.
U.S. President-elect Donald Trump takes the stage to address supporters at his rally, at the Palm Beach County Convention Center in West Palm Beach, Florida, on Nov. 6.
WORLD / Politics
Nov 7, 2024

Trump 2.0: Who is in the running for top jobs in Trump's second administration?

Trump’s potential cabinet choices signal a hard-line approach, prioritizing tariffs, strict immigration policies, and assertive national security strategies.
Donald Trump looks on as he speaks at a campaign rally in East Del Valle, Austin, Texas on Oct. 25
WORLD / Politics
Nov 7, 2024

Who has President-elect Donald Trump threatened to prosecute?

Trump has vowed to investigate or prosecute political rivals, election workers and left-wing Americans if he becomes president again.
Republican Vice President-elect JD Vance (left) and President-elect Donald Trump speak during an election night event in West Palm Beach, Florida, on Wednesday.
WORLD / Politics
Nov 7, 2024

JD Vance once compared Trump to Hitler. Now, he's his vice president-elect.

Trump and many of his allies see Vance's transformation as genuine, but detractors see his shift in views as a ploy to ascend the ranks of Republican politics.
The pace of gains in Japanese workers' base pay quickened to 2.6% year on year in September, versus a 2.4% clip in August.
BUSINESS / Economy
Nov 7, 2024

Japan’s biggest base pay gains in 31 years support case for rate hikes

While base pay rose in September, real wages fell for a second straight month even as price gains slowed.
Bundles of Chinese yuan banknotes at the Ninja Money Exchange, operated by Interbank HD, in the Shinjuku district of Tokyo on June 9, 2022.
BUSINESS / Markets
Nov 7, 2024

Trump’s resurgence sinks emerging markets as dollar soars

Currencies in Eastern Europe led losses, sending the emerging-market currency gauge to its worst day since February 2023.
German Chancellor Olaf Scholz attends a media briefing after sacking Finance Minister Christian Lindner, in Berlin on Wednesday.
WORLD / Politics
Nov 7, 2024

Germany faces snap election as Scholz's coalition crumbles

Chancellor Olaf Scholz is expected to head a minority government with his Social Democrats and the Greens after sacking his Free Democrat finance minister.
The Finance Ministry noted firm private consumption in raising its economic assessments in the Kanto region and other areas.
BUSINESS / Economy
Nov 7, 2024

Government upgrades economic views for five regions

In a quarterly report, the Finance Ministry raised its views for the Kanto, Hokuriku, Tokai, Shikoku and Okinawa regions.
U.S. Federal Reserve Chair Jerome Powell speaks during a news conference following a two-day meeting on interest rate policy in Washington on Thursday.
BUSINESS / Economy
Nov 8, 2024

Powell signals readiness to defy Trump in defense of Fed

Federal Reserve Chair Jerome Powell insisted the incoming president doesn’t have the power to fire him or other senior Fed leaders.
Sanwa Koutsu's Kuroko Taxi service has drivers dressed in traditional stagehand garb communicate with passengers only through gestures and written messages.
LIFE / Lifestyle
Nov 9, 2024

The sound of silence: Japan's no-conversation services

“Constant social interaction can feel like torture for us introverts,” one customer says. "I think it’s a pretty smart business move."
Japanese household spending fell in September for the second straight month as higher prices choked consumers' appetite.
BUSINESS / Economy
Nov 8, 2024

Japan’s households cut spending once again as prices rise

Consumer spending in Japan has consistently failed to show clear signs of strength as shoppers have been forced to cope with prices increasing.
U.S. Steel's Clairton Coke Works facility in Clairton, Pennsylvania
BUSINESS / Companies
Nov 8, 2024

Nippon Steel seeks to close U.S. Steel deal before Trump is president

Before the Nov. 5 election, which handed him victory, Donald Trump promised to block the deal if reelected.
Outgoing German Finance Minister Christian Lindner receives his dismissal certificate after being sacked by Chancellor Olaf Scholz, following a coalition crisis in the government, in Berlin on Thursday.
COMMENTARY / World
Nov 8, 2024

Germany’s government puts itself out of its misery

German Chancellor Olaf Scholz sacked his Finance Minister Christian Lindner over deep rifts within the government on how to revive Germany’s ailing economy.
Chinese Finance Minister Lan Foan attends a news conference about a bill on raising ceilings on local government debt, at the Great Hall of the People in Beijing, on Friday.
BUSINESS / Economy
Nov 9, 2024

China unveils $1.4 trillion debt swap, saving stimulus for Trump

China gave indebted local governments a 10 trillion yuan ($1.4 trillion) lifeline but stopped short of unleashing new stimulus.
A trader shows off a shirt featuring U.S. President-elect Donald Trump on the floor of the New York Stock Exchange in New York City on Wednesday.
BUSINESS / Markets
Nov 9, 2024

Wall Street drafts Trump wish lists over bank capital and SEC regulation

Numerous financial trade groups are working on detailed lists to hand to Trump's transition team, according to four industry sources.
In a fresh aid package set to be compiled this month, the Japanese government will show its commitment to large-scale strategic support spanning several years in both areas, bearing in mind Rapidus, which has advanced into the Hokkaido region to mass-produce next-generation chips.
BUSINESS / Tech
Nov 9, 2024

Japan eyes ¥2 trillion for chips and AI in economic package

In the package, to be compiled this month, the government will show its commitment to large-scale support spanning several years in both areas.
Former President Donald Trump, the Republican presidential nominee, walks on stage during a campaign rally at Huntington Place in Detroit on Oct. 18. President-elect Trump is not known for adherence to a disciplined and rigorous personnel selection process, but behind the scenes his advisers and allies have been preparing lists of candidates for the most important jobs in his administration.
WORLD / Politics
Nov 9, 2024

Trump weighs key personnel choices, schooled by his first-term experience

The president-elect held his first formal transition meetings and has been given lists of candidates, but is calling around to friends and allies for ideas.
Donald Trump arrives for an election night event at the Palm Beach Convention Center in West Palm Beach, Florida, on Wednesday.
BUSINESS / Economy
Nov 10, 2024

Charting the global economy: Trump win reverberates around the world

Fed Chair Jerome Powell said Trump’s re-election will have 'no effect' on the central bank’s policy decisions in the near-term.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami