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Hong Kong’s property tycoons are eagerly awaiting interest rate cuts by the Federal Reserve due to their struggles with slow home sales, vacant office buildings and tenants pushing for lease renegotiations.
COMMENTARY / World
Sep 12, 2024

The Fed is making Hong Kong's billionaire landlords anxious

Many Hong Kong property companies have significant amounts of debt at floating interest rates tied to Hibor, which tracks the Fed's rate changes.
Historical examples show that technological advances often lead to significant but gradual changes, sometimes accompanied by social and economic disruptions.
COMMENTARY / World
Sep 12, 2024

Will the AI revolution lead to greater prosperity?

Historical examples show that technological advances often lead to significant but gradual changes, sometimes accompanied by social and economic disruptions.
A vendor attends to a customer at the secondhand books section of Panjiayuan antiques market in Beijing
ASIA PACIFIC / Politics
Sep 13, 2024

China wants academic exchanges, but censorship could stand in the way

The Chinese Communist Party has exerted control over all publications since establishing the People's Republic of China in 1949.
The Bank of Japan headquarters in Tokyo. Some 53% of economists surveyed by Bloomberg said the earliest timing for a rate change would be in October.
BUSINESS / Economy
Sep 13, 2024

Over half of BOJ watchers see next rate hike coming in December

The survey results show most analysts believe the market ructions after the July 31 rate hike didn't derail the BOJ from the normalization path.
Takanori Takebe (behind the lectern) speaks after his team of researchers and he were awarded the Ig Nobel Prize in physiology at the Massachusetts Institute of Technology in Cambridge, Massachusetts, on Thursday.
JAPAN / Science & Health
Sep 13, 2024

Scientists win Ig Nobel for discovering anal breathing in mammals

The research team of Japanese and American scientists hope the discovery will help treat people with COVID-19 and other respiratory diseases.
The deepening rift and growing geopolitical divide between the United States and Europe threatens the trans-Atlantic alliance.
COMMENTARY / World
Sep 13, 2024

The U.S. will abandon Europe. But when and how?

The deepening rift and growing geopolitical divide between the United States and Europe threatens the trans-Atlantic alliance.
Candidates for Japan's ruling Liberal Democratic Party presidential election stand together onstage at the Japan National Press Club in Tokyo on Saturday.
JAPAN / Politics
Sep 15, 2024

LDP presidential hopefuls outline approach to U.S. and China concerns

The nine candidates jostled over the best way to resolve Nippon Steel's contentious bid for U.S. Steel, while also grappling with the Chinese military challenge.
The Dodgers' Shohei Ohtani goes through his throwing routine before a game against the Rays at Dodger Stadium in Los Angeles on Aug. 23.
BASEBALL / MLB
Sep 15, 2024

Dodgers manager leaves door slightly open for Shohei Ohtani to pitch in playoffs

Dodgers manager Dave Roberts said Friday that there is a slight possibility the 30-year-old star could be able to return in October from elbow surgery.
While short-term disruptions like inflation are easing, the European Union faces long-term challenges including rising security risks, a widening productivity gap with the U.S. and an innovation deficit.
COMMENTARY / World
Sep 15, 2024

Europe needs a new economic vision

The global economic shocks of the past few years have left Europe particularly vulnerable.
Then yen strengthened on Monday beyond ¥140 per dollar ahead of a Federal Reserve policy meeting this week that is widely expected to see officials cut interest rates.
BUSINESS / Markets
Sep 16, 2024

Yen strengthens beyond ¥140 per dollar for first time since 2023

The currency appreciated as much as 0.6% versus the dollar to ¥139.96 on Monday, its strongest level since July last year.
The lapse of the historic U.S.-China Science and Technology Agreement, coupled with escalating tariffs and trade restrictions, has exacerbated economic tensions between the two countries and impacted global stability.
COMMENTARY / World
Sep 12, 2024

Resetting U.S.-China economic relations

To address global challenges, active cooperation between the two economic powers is indispensable.
The scariest aspect of America’s recent debate is that Trump’s over-the-top comments revealed a serious risk that needs global attention, not just in the U.S.
COMMENTARY
Sep 15, 2024

Trump is right about WWIII, wrong on the analysis

The risks of nuclear war go beyond campaign hyperbole. What, though, should the U.S. do? Prepare for World War III? If it’s coming anyway, that would seem prudent.
Former tennis player Andre Agassi (right) presents the U.S. Open trophy to Jannik Sinner in Flushing Meadows, New York, on Sept. 8.
TENNIS
Sep 17, 2024

The key to Agassi’s reentry: Don’t be too busy, and don’t be too bored

One minute, the former player was in the tennis wilderness in Nevada. The next, he was at the Australian Open.
British Prime Minister Keir Starmer and Italian Prime Minister Giorgia Meloni shake hands at a news conference in Rome on Monday.
WORLD / Politics
Sep 17, 2024

Starmer courts Meloni in Rome with eye on risk from U.K. right

The British prime minister said he’s looking to his Italian counterpart for lessons on tackling what is known as irregular migration.
French President Emmanuel Macron
WORLD
Sep 18, 2024

EU commissioner retreat shows Macron's waning clout in Europe

Thierry Breton abruptly quit on Monday in an unexpected twist in the highly political power transition that follows June's European elections.
Economic security minister Sanae Takaichi speaks during a debate with other candidates in the Liberal Democratic Party presidential race in Tokyo on Saturday.
JAPAN / Politics
Sep 18, 2024

Takaichi's policy documents spark controversy in LDP leadership race

She argues that the materials are unrelated to the election and were mailed out before a ban was imposed, but some in the party describe them as "unfair."
The Liberal Democratic Party's suspected ties with the Unification Church have been little discussed in the ongoing leadership race campaign.
JAPAN / Politics
Sep 18, 2024

Unification Church issue continues to haunt LDP amid leadership race

The Asahi Shimbun daily has published a photo purporting to show a meeting between then-Prime Minister Shinzo Abe and a senior official of the religious group in 2013.
French Ambassador Philippe Setton says that, despite previous differences over whether Japan should host a NATO liaison office, Paris aims to deepen ties with Tokyo "in all security areas."
JAPAN / Politics
Sep 18, 2024

France-Japan military pact expected by year-end, envoy to Tokyo says

Concerns over the worsening security situation in the Indo-Pacific are speeding up negotiations on a visiting-forces pact between France and Japan.
Sony last month officially unveiled a digital ledger, Soneium, while other Japanese firms like Toyota explore various blockchain-related initiatives.
BUSINESS / Companies
Sep 18, 2024

Sony joins a crypto push in Japan as calls grow for looser rules

The question for the government is whether to heed requests from the crypto industry for less onerous rules to lower costs and spur growth.
A group of older women performs during a midautumn festival at a mall in Jinan, in eastern China, on Sept. 6. China’s shrinking population poses threats to growth but has opened opportunities for businesses that serve older adults.
ASIA PACIFIC / Society
Sep 18, 2024

China’s ‘silver economy’ is thriving as birthrate plunges

Births in China fell to 9 million in 2023, down about 6% from the previous year, with the number of preschool children plummeting nearly 12%.
An Israeli naval officer holds the mooring rope of INS Tanin, a German-built Dolphin AIP class submarine, as it docks at a naval base in the northern city of Haifa after its arrival in Israel in 2014.
WORLD / Politics
Sep 19, 2024

Germany has stopped approving war weapons exports to Israel, source says

Legal challenges across Europe have led other allies of Israel to pause or suspend arms exports.
Scientists used a version of ChatGPT to challenge conspiracy theories and beliefs and found people more open to evidence than expected, contradicting the "post-truth" era idea.
COMMENTARY
Sep 20, 2024

AI can debunk conspiracy theories better than humans

Believers often invest huge amounts of time in researching their theories online. Maybe only LLMs can keep up.
Japanese radio equipment maker Icom director Yoshiki Enomoto shows its model IC-V82 device, which the company said they stopped production in 2014, during an interview at its headquarters in Osaka on Thursday.
BUSINESS / ANALYSIS
Sep 21, 2024

Hack of Hezbollah devices exposes dark corners of Asia supply chains

Counterfeiting, surplus inventories and complex contract manufacturing deals can sometimes make it impossible to identify the source of a product.
A woman passes an "akichi" (vacant lot) in Bunkyo Ward, Tokyo. The capital is littered with such small lots in part because of Japan's aging and shrinking population.
JAPAN / Society / Longform
Sep 21, 2024

Dealing with rising land vacancies as Japan shrinks

"Akichi," or vacant plots of land, are nothing new to the urban landscape. As the population decreases, however, the challenge is how to handle their steady increase.
Manchester City midfielder Rodri (left) battles with Inter Milan's Carlos Augusto during Champions League action on Wednesday.
SOCCER
Sep 22, 2024

Will Premier League players really go on strike?

The debate over soccer’s crowded calendar has rumbled on and on, but a recent comment by Manchester City's Rodri feels like a significant moment.
A China Coast Guard ship (left) collides with the Philippine Coast Guard ship BRP Teresa Magbanua near the Sabina Shoal, in disputed waters of the South China Sea, on Aug. 31.
ASIA PACIFIC / Politics / ANALYSIS
Sep 22, 2024

'Quad' cements ties with coast guard patrols amid China concerns

China has long objected to the Quad, calling it part of a concerted effort to encircle and contain Beijing.
Lebanese soldiers and civilians inspect the site of an Israeli strike in the southern suburbs of Beirut on Friday.
COMMENTARY / World
Sep 22, 2024

Israel’s plans for Hezbollah are becoming clearer

No ground invasion is imminent; instead, the aim appears to be to degrade Hezbollah to the point where it’s incapable of continuing the rocket and missile attacks.
Feeling overshadowed by U.S. elections, North Korean leader Kim Jong Un might conduct a nuclear test, fire missiles, annul the Korean War armistice or demand territorial concessions.
COMMENTARY
Sep 23, 2024

Kim Jong Un will have his October surprise

Feeling overshadowed by U.S. elections, Kim Jong Un might conduct a nuclear test, fire missiles, annul the Korean War armistice or demand territorial concessions.
The top three U.S. money managers — State Street, Vanguard, and BlackRock — have dramatically reduced support for environmental and social proposals.
BUSINESS / Markets
Sep 23, 2024

Big three money managers cut support for climate proposals

Total shareholder support for environmental and social resolutions fell to about 19% during the latest proxy season from roughly 22% in the year-earlier period.
Americans face a choice in the November presidential election between Donald Trump’s isolationist vision of America alone and Kamala Harris’ approach, which builds on the Biden administration’s legacy of strengthening alliances to tackle global challenges.
COMMENTARY / World
Sep 23, 2024

America’s role in the world is hard. It just got much harder.

November's election offers stark contrast between Donald Trump’s isolationism and Kamala Harris’ focus on strengthening alliances.

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight