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May 14, 2025
 

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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.
Earl Ofari Hutchinson calls on USC President Carol Folt to convene an emergency student dialogue for the protest encampment in support of Palestinians at the University of Southern California's Alumni Park in Los Angeles on April 29.
WORLD
May 6, 2024

Police clear pro-Palestinian encampment at USC

The demonstrations have emerged as a political flash point during a contentious election year as President Joe Biden seeks a second term in office.
Palestinians crowd a street as smoke billows after Israeli strikes in Rafah on Tuesday.
WORLD / Politics
May 8, 2024

U.S. paused shipment of bombs to Israel, concerned over Rafah invasion

The U.S. has not made a final decision about how to proceed with the shipment, according to the official.
Michael Cohen, former lawyer for Republican presidential candidate and former U.S. President Donald Trump departs his home in Manhattan to testify in Trump's criminal trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016, in New York on Monday.
WORLD / Crime & Legal
May 14, 2024

Michael Cohen testimony ties Trump to hush money payment

Cohen's account of Trump directing the falsification of financial records is potentially the most damaging testimony against the former president so far.
Former President Donald Trump speaks to reporters alongside Todd Blanche, one of his attorneys, before the day's proceedings in his criminal trial in New York on May 9.
WORLD / Crime & Legal
May 15, 2024

Cohen on cross: 5 takeaways from Trump’s criminal trial

Prosecutors stated that Cohen would be their final witness, while the defense aims to conclude cross-examination by Thursday.
Employees place items into boxes and envelopes at an Amazon fulfillment center.
BUSINESS / Companies
May 16, 2024

Amazon workers say they struggle to afford food and rent

Amazon has long been criticized for its treatment of employees
A man rides a bicycle past an electronic screen displaying the yen exchange rate against the U.S. dollar and other foreign currencies in Tokyo earlier this month.
BUSINESS / Markets
May 18, 2024

Short yen wagers linger due to gap between U.S.-Japan rate paths

The gulf between Japan’s ultralow interest rate and U.S. rates stuck at a two-decade high is keeping the pressure on the yen.
The modernization of Japan's defense strategy is not just about military capabilities, it is also about building consensus and fostering public understanding.
COMMENTARY / Japan
May 21, 2024

The winding road to Japan's defense modernization

The government's efforts to engage the public on defense issues are crucial for building consensus and ensuring the sustainability of defense reforms.
Though the West has supplied desperately needed weapons and ammunition, it has done little else to address Ukraine’s needs or establish shared goals.
COMMENTARY / World
May 22, 2024

The war in Ukraine needs a stronger unified Western strategy

Though the West has supplied desperately needed weapons and ammunition, it has done little else to address Ukraine’s needs.
A protester holds a placard stating "Sunak Supports Genocide" in support of Palestinians as police stand guard during a visit from Britain's Prime Minister and Conservative Party leader Rishi Sunak to Cannock College, in Cannock, Staffordshire, England, on Friday.
WORLD / Politics
May 25, 2024

Sometimes U.S. and U.K. politics seem in lock step. Not this year.

In 2016, Britain voted for Brexit and America for Trump, heralding a populist wave. Both countries face pivotal elections this year — but their paths appear to have diverged.
U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British Prime Minister Rishi Sunak deliver remarks after a trilateral AUKUS meeting, in San Diego in March 2023.
COMMENTARY / World
May 28, 2024

Who will 'plug and play' with AUKUS?

Tokyo, Ottawa, and Seoul must demonstrate their value in AUKUS by contributing sustainably and enhancing its effectiveness in promoting a rules-based Indo-Pacific order.
Pro-Palestinian demonstrators hold a rally on London’s Waterloo Bridge on May 11. The current protests have many similarities to the student uprisings of the late 1960s, only the latter envisioned a new political movement to ameliorate the ills of their time.
COMMENTARY / World
May 31, 2024

Echoes of despair amid global outrage over Gaza conflict

Everyone knows that the situation in Gaza is unacceptable. But a great deal of energy has been devoted to postponing the kind of intervention that the crisis requires.
Christina Griffin-Jones was a big part of a historically strong U.S. women's team at the 2023 Sumo World Championships.
SUMO / INSIDE SUMO
Jun 5, 2024

American sumo organization becomes battleground in fight for equality

At the heart of the fight is growing opposition to a longtime federation trustee who has not been shy about expressing his homophobic views.
A welder works on a K9 Howitzer at Hanwha Aerospace’s manufacturing facility in Changwon, South Korea.
WORLD / Politics
Jun 6, 2024

South Korea is making weapons faster and cheaper than the U.S.

Hanwha Aerospace touts smooth production lines, intact supply chains and faster delivery times, along with lower overheads than its competitors.
U.S. Federal Reserve Chair Jerome Powell delivers remarks during a press conference following the announcement that the Federal Reserve left interest rates unchanged, in Washington on Wednesday.
BUSINESS / Markets
Jun 13, 2024

Fed leaves rates unchanged and says cuts delayed to possibly December

U.S. policymakers are content to leave rates where they are until the economy sends a clear signal that something else is needed.
A welcome sign in Skegness, England, on Tuesday. Britain's last general election was all about leaving the European Union but this time around Brexit is hardly getting a mention.
WORLD / Politics
Jun 16, 2024

Why no one is talking about Brexit in the U.K. election

Brexit fatigue and barely healed scars from the divisive vote have the main parties largely avoiding the toxic issue before the July 4 poll.
A protest accusing Deutsche Bank of greenwashing. Its subsidiary DWS was fined $25 million last year for misstating its environmental, social and governance activities.
COMMENTARY / World
Jun 17, 2024

Too many companies make false claims about their social impact

Exaggerated claims about companies' positive social and environmental impact ruin our chances of achieving a sustainable future. An entirely new system is needed.
Wall Street Journal reporter Evan Gershkovich, who is in custody on espionage charges, waves behind a glass wall of an enclosure for defendants as he attends a court hearing in Moscow on April 23.
WORLD / Politics
Jun 18, 2024

Russia sets closed espionage trial for U.S. reporter Gershkovich

The White House has called the charges "ridiculous," and President Joe Biden has said the reporter's detention is "totally illegal."
Balaji Srinivasan addresses the Singapore Fintech Festival in November 2022. A techno-libertarian, Srinivasan, who made his name as an anti-government crusader, tried to attach himself to the U.S. government when he was under consideration for a position in the Donald Trump administration.
COMMENTARY / Japan
Jun 19, 2024

How techno-libertarians fell in love with big government

When faced with the prospect of the government becoming a major client for Silicon Valley techno-libertarians, once-principled opposition to state power dissipates.
U.S. President Joe Biden speaks about student debt in Madison, Wisconsin, in April.
WORLD / Politics
Jun 26, 2024

How Trump and Biden might attack each other at their first 2024 debate

Immigration, the economy, democracy and abortion rights: Here are the main ways each candidate is likely to slam the other at Thursday’s high-stakes confrontation.
Yohei Kono, leader of a Japanese delegation to promote economic ties with China (left), speaks with Chinese Vice Premier He Lifeng in Beijing on Monday.
JAPAN
Jul 2, 2024

Japan group shows concerns about safety of Japanese in China

The delegation leader asked China to identify whether the Suzhou knife attack last week specifically targeted Japanese nationals.
International Criminal Court prosecutor Karim Khan speaks during an interview at The Hague, in the Netherlands, in February.
WORLD / Politics / FOCUS
Jul 6, 2024

ICC prosecutor opted for warrants over visit to Gaza

The sudden cancellation of a planned visit to the Gaza Strip, Jerusalem and Ramallah has angered Washington and London.
U.S. President Donald Trump stands among other leaders as he attends a North Atlantic Treaty Organization Plenary Session at the NATO summit in Watford, near London on Dec. 4, 2019.
WORLD / Politics
Jul 8, 2024

Elephant in room at NATO: Would Trump blow it up?

This week's Washington summit aims to "Trump-proof" NATO by expanding its role, especially in supporting Ukraine.
U.S. President Joe Biden looks at his watch as he stands on the balcony during an Independence Day celebration on the South Lawn of the White House in Washington on Thursday.
WORLD / Politics
Jul 9, 2024

Biden tells wavering Democrats he will not abandon campaign

President Joe Biden faces a critical week as he tries to shore up a campaign that has been on defense since a shaky June 27 debate.
U.S. President Joe Biden delivers remarks at the 2024 NATO Summit in Washington on Wednesday.
WORLD / Politics
Jul 11, 2024

NATO allies gloomy on Biden’s prospects seek out Trump circle

Leaders at the alliances summit watched Biden's every move for another gaffe that would further undermine his electoral hopes.
U.S. Foreign Affairs Committee Chairman Michael McCaul, a U.S. House representative from Texas
BUSINESS / Tech
Jul 12, 2024

U.S. lawmakers raise concerns over Microsoft deal with Emirati AI firm

The Republican lawmakers' letter is a sign of growing concern about the lack of regulations around the export of sensitive artificial intelligence models.
Then-U.S. President Donald Trump gestures during a meeting on the sidelines of the NATO summit in Watford, England, in December 2019.
WORLD / Politics / ANALYSIS
Jul 13, 2024

Whether it’s Biden or Trump, Europe knows it must stand alone

European officials say they’re expecting both Trump and Biden to concentrate more on China at the expense of Europe.
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
WORLD / Crime & Legal
Jul 15, 2024

Shooter came within inches of killing Trump, but left few clues as to why

Thomas Matthew Crooks is not known to be political, and the FBI has yet to identify a motive behind the 20-year-old nursing home aide’s actions.
The background footage shows a Chinese Coast Guard ship using a water cannon against a Filipino resupply vessel, during a news conference at the Department of Foreign Affairs in Manila in August 2023.
COMMENTARY / World
Jul 18, 2024

The risky business of standing up to Beijing

Philippines faces balancing act between economic interests and territorial rights.
U.S. President Joe Biden and former President Barack Obama attend a campaign fundraiser at the Peacock Theater in Los Angeles on June 15.
WORLD / Politics
Jul 20, 2024

Secluded at beach house, Biden stews at allies’ pressure to drop out

He considers former House Speaker Nancy Pelosi as the main instigator but is irritated at ex-President Barack Obama, seeing him as a puppet master behind the scenes.
Transport ministry issues warning to Haneda Airport operator
The operator of Tokyo's Haneda Airport has been warned by the government over its inappropriate transactions.
Xi defiance pays off as Trump meets most China trade demands
Then-Chinese Vice President Xi Jinping visits a school in South Gate, California, in February 2012. Experts say Xi won big in his standoff with U.S. President Donald Trump.
Nissan shares surge as carmaker set to cut 20,000 jobs in huge overhaul
U.S. President Donald Trump’s tariffs on cars and car parts imported to the U.S. have been painful to most global brands, but crippling in Nissan’s case.
Japan might be playing long game in U.S. tariff talks
Prime Minister Shigeru Ishiba at the White House earlier this year. Ishiba said Monday that farmers won't be sacrificed for automakers in Japan's tariff negotiations with the U.S.
More details emerge about stabbing near Tokyo University metro station
Yoshitaka Toda, the suspect in Wednesday's knife attack at Todaimae Station on the Tokyo Metro Nanboku Line, leaves a police station in the Japanese capital the same day for a pre-detention medical examination.
Sculpted waves, sleek updos: Showa hairstyles are back in fashion
The larger-than-life hairstyles of Japan's Showa Era are unmistakable — and they're making a comeback.
Consumption tax set to dominate Upper House election debate
Prime Minister Shigeru Ishiba enters his office in Tokyo on Tuesday.
Japan should produce its own AI defense solutions, Sakana AI CEO says
Sakana AI CEO David Ha speaks at a news conference in Tokyo on Tuesday.
Nissan gets ‘wake-up call’ with $4.5 billion annual net loss
Nissan CEO Ivan Espinosa in Tokyo as the company releases its results
Japan set for bigger role in Philippines after SDF’s debut in key drills
Philippine Army Brig. Gen. Michael Logico, who was involved in managing the latest iteration of the Balikatan U.S.-Philippine drills, told The Japan Times that he expects military ties with Japan to surge even further once Tokyo ratifies a key visiting-forces agreement with Manila.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Japan's growing ranks of centenarians are redefining what it means to live in a super-aging society.
What comes after 100?
By Tomoko Otake

SUSTAINABLE JAPAN

Tsukuba massif granite, one of the world’s few heritage stones
Tsukuba massif granite, one of the world’s few heritage stones

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