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Lekh Juneja, chairman and CEO of Kameda Seika, at the company's headquarters in the city of Niigata in August
BUSINESS / Companies
Dec 15, 2024

Indian-born CEO of Japanese company says nation needs immigration to thrive

Japan has very few foreign-born CEOs, and boardrooms are overwhelmingly male.
Lee Jae-myung, leader of the main opposition Democratic Party, speaks during a rally in Seoul on Saturday.
ASIA PACIFIC / Politics
Dec 15, 2024

South Korean opposition urges swift removal of impeached President Yoon

Yoon Suk Yeol has been suspended while South Korea's Constitutional Court deliberates, with Prime Minister Han Duck-soo serving as interim leader.
A Hight Logistics electric BYD truck is loaded with a container at a seaport in Long Beach, California, in April 2023.
BUSINESS
Dec 15, 2024

Chinese firms take on EV truck challenges

Fleets of electric heavy goods vehicles from China have been growing internationally, even as Western countries target the country's EV cars with heavy sanctions.
185 content moderators sued Meta last year, saying they had lost their jobs for trying to organize a union.
BUSINESS / Tech
Dec 16, 2024

Meta contractor dismissed threats to moderators by Ethiopia rebels: court documents

Court documents say that Meta allegedly ignored advice from experts it hired to tackle hate speech in Ethiopia.
National Rally leader Marine Le Pen delivers a speech during a meeting in Etrepagny, central France, on Sunday.
WORLD / Politics
Dec 16, 2024

Le Pen takedown of Barnier holds lessons for next French PM

There is no placating the leader of the far-right National Rally, the largest party in the French National Assembly.
Policemen set up barricades in front of the South Korean Constitutional Court in Seoul on Monday as the court kicked off its first meeting of its justices to review the parliamentary impeachment of President Yoon Suk Yeol.
ASIA PACIFIC / Politics
Dec 16, 2024

Top South Korean court begins Yoon impeachment trial

The Constitutional Court has around six months to determine whether to uphold the impeachment of President Yoon Suk Yeol.
Copies of a special edition of the JoongAng Ilbo newspaper, featuring a front page report on South Korean President Yoon Suk Yeol's impeachment, on a street in Seoul on Saturday
BUSINESS / Markets
Dec 16, 2024

South Korea's won and stocks take spotlight after impeachment vote

South Korea's won will be the main focus for traders, after its heavy losses during the country’s recent political chaos.
India has the most steelmaking capacity under development in the world, surpassing even China.
BUSINESS
Dec 16, 2024

A booming and coal-heavy steel sector risks India’s green goals

India is the world’s third-largest emitter and the rate at which it can decarbonize will have a major impact on global climate efforts.
Bank of Japan Gov. Kazuo Ueda. The central bank's policy board meets this week.
BUSINESS / Markets
Dec 16, 2024

Uncertainty reigns as BOJ rate bets almost evenly split

Slightly less than half of surveyed economists expect the central bank to raise rates this week while just over half believe it will wait until January.
The Kashiwazaki-Kariwa nuclear power plant in Niigata Prefecture. A government cost estimate shows that nuclear power is likely to be the cheapest baseload electricity source in Japan in 2040.
BUSINESS / Economy
Dec 16, 2024

Japan sees nuclear as cheapest baseload power source in 2040

A previous study published in 2021 saw LNG-fired power plants as the cheapest power source in 2030.
MUFG Bank CEO Junichi Hanzawa (left) and other senior officials bow in apology at a news conference in Tokyo's Chiyoda Ward on Monday.
JAPAN / Crime & Legal
Dec 16, 2024

MUFG Bank apologizes for theft of ¥1 billion in valuables from deposit boxes

The manager accused of the thefts allegedly used backup keys to access the boxes.
Ghazi Mohammed al-Mohammed, a former detainee in a Damascus prison, poses for a picture with his mother at their home in Sarmada, in the northern Syrian Idlib province, on Saturday.
WORLD
Dec 16, 2024

Bashar Assad's prisoner #3006 tells his story

When Syrian military intelligence officers detained Ghazi Mohammed al-Mohammed, they told him to forget his name and who he was.
Food loss happens at food-related businesses including-food makers, retailers and restaurants, as well as at households.
JAPAN
Dec 17, 2024

Japan drafts more ambitious 60% goal for cutting business food loss by 2030

The government hopes to require food businesses to change practices such as rejecting foods and beverages that are close to their best-before date.
German Chancellor Olaf Scholz gestures as he addresses the lower house of parliament in Berlin on Monday.
WORLD / Politics
Dec 17, 2024

Germany's Scholz loses confidence vote, triggering early elections

Berlin's troubles come as Germany's main European Union partner France is also mired in a government crisis.
A worker walks along the partially snowless slope at the William F. Rogers Ski Area at Massachusetts' Blue Hills in January.
ENVIRONMENT / Climate change
Dec 17, 2024

Companies challenged by fewer weeks of winter

Warmer winters also impact everything from sports to drinking water and even seasonal allergies.
Most market players expect shareholder activism to be as frenetic, if not more, next year.
BUSINESS / Economy
Dec 17, 2024

Activist investors set record with $6.6 billion spree in Japan

Activists have taken stakes in at least 146 companies, successfully demanding disposal of real estate, changes in strategy and stock buybacks.
Employees of Takahashi Shouten working on the trial production of sake in New Delhi on Nov. 14.
BUSINESS / Companies
Dec 17, 2024

Japanese sake brewery to make foray into Indian market

Takahashi Shouten, based in the city of Yame in Fukuoka Prefecture, launched a subsidiary in India in February.
Japan wants renewable energy to account for around 40% to 50% of its electricity mix by fiscal year 2040 with nuclear power taking up another 20%, according to a new energy plan released Tuesday.
BUSINESS / Economy
Dec 17, 2024

Japan aims to expand nuclear power in break from Fukushima era

The nation set out a proposed new energy strategy which urges both nuclear and renewables to be utilized to maintain growth and help curb emissions.
The Energy Powerwall Home Battery charging station in Brussels in 2023
BUSINESS / Tech
Dec 17, 2024

New EU emissions rules drive petrol car price hikes and EV discounts

Analysts say major carmakers have adjusted their pricing strategy to curb demand for heavy emitters and make pricier electric models appealing.
An Apple logo is seen in Brussels, Belgium, in 2016.
BUSINESS / Tech
Dec 17, 2024

Congo files criminal complaints against Apple over conflict minerals

International lawyers representing Congo argue that Apple uses minerals pillaged from the country and laundered through international supply chains.
A Lower House committee on political reform deliberates on a revision of the political funds law on Tuesday.
JAPAN / Politics
Dec 17, 2024

Bill to abolish funds for political activities clears Lower House

The bill will put a stop to the disbursement of such funds, criticized for their lack of transparency, by parties to their lawmakers.
A member of security inspecting a collapsed building in Vanuatu's capital Port Vila after a powerful earthquake hit the Pacific island on Tuesday.
ASIA PACIFIC
Dec 17, 2024

Major quake crushes buildings in Vanuatu capital; bodies seen

The 7.3 magnitude quake struck at a depth of 57 kilometers at 12:47 pm, according to the U.S. Geological Survey.
Environmental activist Paul Watson waves after getting released from prison in Nuuk, Greenland, on Tuesday.
JAPAN
Dec 18, 2024

Japan 'regrets' release of anti-whaling activist Paul Watson

The 74-year-old Canadian-American activist was released after Copenhagen turned down Tokyo's request to bring him to Japan.
Makoto Uchida (left), chief executive officer of Nissan Motor, and Toshihiro Mibe, chief executive officer of Honda Motor, attend a joint news conference in Tokyo in August.
BUSINESS / Companies
Dec 18, 2024

Nissan and Honda consider merger to take on world's biggest carmaker

Such a deal would create an automotive rival to Toyota and would effectively consolidate the Japanese auto industry into two camps.
Luigi Mangione, 26, at the Blair County Courthouse in Hollidaysburg, Pennsylvania, on Dec. 10. Mangione was indicted on Tuesday for the murder of UnitedHealth Group executive Brian Thompson.
WORLD / Crime & Legal
Dec 18, 2024

Luigi Mangione indicted for first-degree murder in CEO death

Mangione faces as long as life in prison without the possibility of parole if he is convicted.
Honmoku pier in Yokohama. While the value of exports has risen, trade is giving limited support to the economy.
BUSINESS / Economy
Dec 18, 2024

Weak yen helps Japan’s exports rise ahead of BOJ meet

Exports measured in value rose 3.8% from a year earlier led by chipmaking machinery and nonferrous metals.
Bain Capital said it had "strong concerns” about Fuji Soft’s process to go private, and decided to proceed with its bid to buy shares of the software company without the support of the its board.
BUSINESS / Companies
Dec 18, 2024

Bain to make $4.2 billion hostile bid for Fuji Soft against KKR

Shares of Fuji Soft rose 1.1% to ¥9,756 on Wednesday morning in Tokyo.
Nobuo Hayasaka, president of Kioxia Holdings, reacts after striking a bell during the company's listing ceremony at the Tokyo Stock Exchange in Tokyo on Wednesday.
BUSINESS / Companies
Dec 18, 2024

Chipmaker Kioxia surges 12% in Tokyo debut after jumbo IPO

Shares in the producer of NAND memory chips extended gains in afternoon trading after initially dropping, valuing the firm at ¥877 billion ($5.7 billion).
Real Madrid players train in Doha on Tuesday. The Spanish club is closely aligned with A22, which launched the Unify League on Tuesday.
SOCCER
Dec 18, 2024

European Super League promoters launch Unify League, call on UEFA to recognize it

It is the latest attempt by A22 to get the competition off the ground after the original European Super League collapsed in 2021.
Rep. Michael Waltz, a Republican from Florida, speaks with former President Donald Trump while attending the Iowa State Fair in Des Moines in August 2023.
WORLD / Politics
Dec 18, 2024

For Waltz, advising isolationist Trump is a Taiwan-sized challenge

Florida congressman Mike Waltz has built his reputation in Washington as a China hawk, working on a House task force to coordinate policy toward Beijing.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.