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Keith Kellogg, then-national security adviser to then-U.S. Vice President Mike Pence, speaks during a press briefing on Sept. 22, 2020, in the White House in Washington.
WORLD / Politics
Nov 28, 2024

Trump picks Keith Kellogg as envoy for Ukraine and Russia

The retired general is a longtime adviser who’s supported the president-elect's aims of ending the war swiftly, including by potentially cutting off military aid to Kyiv.
BOJ Gov. Kazuo Ueda says that growing latent losses "would not hinder (the central bank's) ability to manage policy."
BUSINESS / Economy
Nov 28, 2024

Bank of Japan's latent losses on JGBs hits record ¥13.66 trillion

JGB prices fell after the central bank ended its negative interest rate policy in March and raised interest rates in July.
Refining sources in Asia and analysts have said they expect to see more Canadian and Mexican oil heading to Asia if U.S. President-elect Donald Trump imposes planned tariffs.
BUSINESS / Markets
Nov 28, 2024

Asia likely to benefit from cheaper Canadian and Mexican oil if Trump imposes tariffs

Two sources familiar with Trump's plan say that oil would not be exempted from potential tariff hikes on imports from Canada and Mexico.
Workers install solar panels at the Khavda Renewable Energy Park of Adani Green Energy in the village of Khavda, in India, on April 12.
BUSINESS / Tech
Nov 28, 2024

Adani allegations cast light on barriers to India's ambitious solar drive

India's states are unprepared for a rapid rise in renewable generating capacity, lack adequate transmission infrastructure and storage.
A wafer on display at the Semicon China expo in Shanghai on March 20
WORLD / Politics
Nov 28, 2024

U.S. readies China chip curbs that stop short of earlier proposals

American chip equipment makers have warned that tougher measures would bring catastrophic harm to their business.
Motohisa Furukawa, Democratic Party for the People tax chief, says the Bank of Japan is unlikely to move so quickly in raising rates that the move would have a detrimental impact on public borrowing costs.
BUSINESS / Economy
Nov 28, 2024

BOJ rate hike unlikely to derail budget planning, DPP tax chief says

Democratic Party for the People tax chief Motohisa Furukawa says it is "unthinkable” that the Bank of Japan will hike rates rapidly.
The Yomiuri 333 index will offer a new benchmark for Japanese stock performance.
BUSINESS / Markets
Nov 28, 2024

New stock index — the Yomiuri 333 — coming to the Japanese market

The newspaper publisher said a distinguishing characteristic of the new index is that it will equally weight each stock in calculating the value.
Fentanyl pills found by officers from the Drug Enforcement Administration in New York on Oct. 4, 2022
WORLD / Politics
Nov 28, 2024

Trump places high-risk, high-reward bet on tariffs to stem fentanyl

The U.S. president-elect has vowed to impose tariffs on China and Mexico unless they stem the flow of fentanyl and migrants across the U.S. border.
Former Olympus Chief Executive Stefan Kaufmann was indicted over alleged violations of law concerning controlled substances.
JAPAN / Crime & Legal
Nov 28, 2024

Former Olympus CEO indicted on suspected violation of drug laws

Stefan Kaufmann was forced to resign last month after the allegation surfaced that he bought illegal drugs.
Rengo President Tomoko Yoshino speaks at the organization's central committee meeting in Urayasu, Chiba Prefecture, on Thursday.
BUSINESS / Economy
Nov 28, 2024

Rengo to demand wage hike of 6% or more for smaller firms in 2025

Rengo set a higher goal for small and midsize businesses to rectify wage gaps with larger companies.
Toyota's global sales, including that of subsidiaries Daihatsu Motor and Hino Motors, rose 0.4% in October compared with last year, the first uptick in three months.
BUSINESS / Companies
Nov 28, 2024

Toyota’s sales and output plateau on downturn in Japan and China

The world’s biggest carmaker has seen sales and output fall throughout the year as Japanese carmakers struggle to compete in China.
SoftBank is unhappy that Moody's continues to issue ratings on the company.
BUSINESS / Companies
Nov 28, 2024

SoftBank blasts Moody’s for unsolicited ratings

It says it is considering legal action against the agency, which has continued to publish unsolicited ratings of the company over the past several years.
Hiroshi Kurosaki’s Netflix series “Beyond Goodbye” centers on a woman (Kasumi Arimura, left) who discovers her dead lover’s heart saved the life of a quiet pianist (Kentaro Sakaguchi).
CULTURE / TV & Streaming
Nov 29, 2024

Hiroshi Kurosaki looks beyond Japan for heart-wrenching drama

The director’s Netflix series relies on lush visuals and truths about love and loss to appeal to an overseas audience.
Customers enter Aeon's Shinagawa Seaside store in Tokyo for a Black Friday sale in 2022.
LIFE / Language / BILINGUAL
Nov 29, 2024

Master this double negative to better express your Black Friday urges

What better time to learn how to say you can't resist a deal than on a weekend of discounted shopping.
Masato Kanda, then the foreign ministry's vice minister for international affairs, speaks during a news conference in Sao Paulo in February.
BUSINESS
Nov 28, 2024

Former top Japanese currency diplomat Masato Kanda chosen as next ADB chief

Masato Kanda will be tasked to navigate the ADB through fresh challenges such as helping Asia reduce poverty and mitigate risks from climate change.
A business district in Tokyo in 2020
BUSINESS
Nov 28, 2024

Share of female presidents at Japanese firms hits record 8.4%

The proportion of female presidents has been rising slowly but steadily since it stood at 4.5% in 1990, the oldest data available.
Mitsubishi UFJ Financial Group took a 15% stake in WealthNavi earlier this year.
BUSINESS / Companies
Nov 29, 2024

MUFG considering bid for Japanese robo-adviser WealthNavi

MUFG took a 15% stake in WealthNavi earlier this year
The Moscow skyline. Heavy recruitment by the armed forces and defense industries has drawn workers away from civilian enterprises, as has emigration, pushing unemployment to a record low of 2.3%, data showed Wednesday.
WORLD / Society / ANALYSIS
Nov 29, 2024

Russia's labor shortage spreads as defense sector poaches staff

A growing labor shortage is affecting all areas of life since Moscow sent troops into Ukraine in February 2022.
Japanese food makers plan to raise prices for 109 items in December, a survey released by research company Teikoku Databank on Friday showed.
BUSINESS / Economy
Nov 29, 2024

Japanese food makers to raise prices for 109 items in December

The total number of food items subject to price increases throughout 2024 is expected to fall by about 60% from the previous year to 12,520.
Shiho Hanadate is part of a small yet growing number of young tappers pivotal in securing the future of domestic sap collection used in Japanese lacquerware.
LIFE / Lifestyle
Nov 30, 2024

The young sap collectors underpinning Japanese lacquerware

“You can’t cut into the core, so you have to judge the thickness of the bark,” says tapper Shiho Hanadate. “You have to develop a sense for it.”
Commercial buildings in the Shibuya area of Tokyo
BUSINESS / Economy
Nov 29, 2024

Consumer inflation speeds up amid BOJ rate hike speculation

Overall inflation sped up to 2.6%, as food prices also pushed up the gauge, also outpacing economist expectations.
The yen briefly breached the key ¥150 mark against the dollar on Friday, as traders' expectations for a rate hike by the Bank of Japan in December grow.
BUSINESS / Markets
Nov 29, 2024

Yen breaches key ¥150 level as Tokyo inflation fuels BOJ bets

The swaps market is now factoring in a 63% chance of a BOJ rate hike in December, twice the odds at the start of the month.
While the economic benefits of Nippon Steel's acquisition of U.S. Steel are clear, concerns remain about sustaining U.S. domestic steel production, preserving national security interests and addressing union concerns.
COMMENTARY / Japan
Nov 28, 2024

Nippon Steel endgame: Resistance or renaissance for the U.S. steel industry

The endgame for Nippon Steel’s bid for U.S. Steel appears near and the results could have a significant impact on U.S.-Japan relations, depending on the outcome.
Electric candles at a memorial service for those who died from AIDS on the sidelines of the Japanese Society for AIDS Research conference on Thursday
JAPAN / Science & Health
Nov 29, 2024

Ahead of World AIDS Day, advocates call for an end to HIV stigma in Japan

While cases are relatively low in Japan, experts and stakeholders say the stigma often attached to patients needs to be addressed.
Prime Minister Shigeru Ishiba arrives to deliver a policy address during a Lower House session in Tokyo on Friday.
BUSINESS / Tech
Nov 29, 2024

Japan earmarks extra ¥1.5 trillion for chips and AI this year

Japan is fighting to keep up in a global spending spree on cutting-edge tech led by China and the U.S.
The Bank of Japan's headquarters in Tokyo
BUSINESS / Economy
Nov 29, 2024

Stimulus staved off years of deflation, BOJ study says

The study found that monetary stimulus beginning in 2013 boosted the level of gross domestic product by as much as 1.8 percentage point on average through this year.
Wealthy people in Japan failed to declare a total of ¥65.5 billion in taxable income in the year through June, down 33.2% from the year before, a National Tax Agency report showed Friday.
JAPAN
Nov 30, 2024

Japan's wealthy fail to declare ¥65.5 billion in income

The tax agency attributed the rise partly to the full-fledged use of artificial intelligence to make investigations more efficient.
The largest corporate donors to the ruling LDP were Toyota Motor and Sumitomo Chemical, with ¥50 million each.
JAPAN / Politics
Nov 30, 2024

LDP received ¥2.4 billion in corporate donations in 2023

The figure is down 1.9% from the previous year, the first decline in three years, according to political funds records released Friday.
Pete Hegseth, U.S. President-elect Donald Trump's nominee to be secretary of defense, speaks to reporters at the Russell Senate Office Building in Washington on Nov. 21.
WORLD / Politics
Nov 30, 2024

Pete Hegseth’s mother accused her son of mistreating women for years

She said on Friday that she regretted the 2018 email and had apologized to him.
Workers building a railway in front of Lusail Stadium in Doha in 2018
SOCCER
Nov 30, 2024

FIFA should pay workers injured building Qatar World Cup, internal report says

The report offered no specific dollar amount of compensation.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past