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Writer Baye McNeil and his wife, Miki, host a Kwanzaa gathering in Yokohama together. The end of the year at the McNeil’s home is a mix of several different holiday traditions, including those of Kwanzaa.
COMMUNITY / Voices / Black Eye
Dec 23, 2024

A holiday season built on creativity and care

Fusing African heritage with Japanese spirituality, our columnist crafted a holiday season that celebrates cultural understanding.
The Bank of Japan headquarters in Tokyo. Strategists are now feeling less optimistic on the yen’s outlook after Bank of Japan Gov. Kazuo Ueda opened up the possibility of waiting longer for the next rate hike.
BUSINESS / Markets
Dec 23, 2024

Yen bulls retreat as Fed and BOJ dim hopes of quick narrowing of rate gap

Wide gaps in interest rates could bring back the yen carry trade, in which investors borrow in Japan and deploy the funds in higher-yielding markets.
Dodgers designated hitter Shohei Ohtani reacts to a standing ovation from fans after hitting his 50th home run of the season, against the Marlins in Miami on Sept. 19.
BASEBALL / MLB
Dec 23, 2024

For baseball fans, 2024 brought The Summer of Shohei Ohtani

The superstar was the center of attention for almost a full calendar year during a season straight out of a Hollywood movie.
BOJ Gov. Kazuo Ueda said in July that the central bank’s holdings would decrease by 7% to 8% in about two years’ time, but they are set to stay at higher-than-desirable levels in the long-term.
BUSINESS / Economy
Dec 23, 2024

Japan's bond supply set to reach decade high as BOJ bond purchases slow

The BOJ’s plan to almost halve bond purchases comes as Prime Minister Shigeru Ishiba plans additional spending in an extra budget.
Elbridge Colby (center) speaks at the Threat and the Strategy panel during the Air Force Association Air, Space and Cyber Conference in National Harbor, Maryland, in September 2019.
JAPAN / Politics
Dec 23, 2024

Trump's Pentagon policy pick pushed for Japan to spend 3% of GDP on defense

Elbridge Colby said in an interview earlier this year that Japan is moving at a leisurely pace on defense despite being under threat from China and North Korea.
Here we go again, a Christmas marked by legal battles, evolving traditions, commercial influence, and debates over greetings.
COMMENTARY / World
Dec 23, 2024

There is no war on Christmas. There are many.

As usual, our holiday cornucopia overfloweth with litigation.
Elon Musk has waded into German politics twice in recent days on X.
WORLD / Politics
Dec 23, 2024

Germany’s SPD calls for antitrust act to clip Elon Musk’s power

While Wiese's comments will likely intensify the war of words with the world’s richest person, it’s unclear whether regulators in the U.S. will agree with his proposal.
A vendor selling spy cameras takes a phone call inside his shop at a market in New Delhi. Elaborate Indian weddings are big business, and for some families, the first step of celebration is not to call a priest or a party planner — but a private detective.
ASIA PACIFIC / Society
Dec 23, 2024

Bride, groom, spy: India's wedding detectives

In a country where social customs are changing rapidly, more and more couples are making their own matches.
A close up of EV batteries at the production unit of Inobat, a Slovakian battery maker in Voderady, Slovakia, on Dec. 11
BUSINESS / Tech
Dec 23, 2024

After Northvolt, Europe's battery hopes heavily rely on China

The norm in the future may be joint ventures that rely on China's low-margin electric vehicle battery dominance.
Honda CEO Toshihiro Mibe speaks during a joint news conference with heads of Nissan and Mitsubishi Motors on their merger talks in Tokyo on Monday.
BUSINESS / Companies / ANALYSIS
Dec 24, 2024

Honda crafts Nissan rescue plan that plays out over years

While executives called the transaction a merger, Honda will take the lead in forming the new entity and nominate a majority of its directors.
A Wall Street sign in front of a U.S. Flag outside the New York Stock Exchange before the Federal Reserve announcement in New York on Sept. 18.
BUSINESS / Markets
Dec 24, 2024

Risks stack up for the global economy in 2025

New spending priorities beckon for national budgets already stretched after the pandemic, from tackling climate change to boosting armies to caring for aging populations.
Minutes from the Bank of Japan's October policy meeting highlight how overseas economic risks, particularly those surrounding the new U.S. administration's policies, will be key to how soon the BOJ will hike rates.
BUSINESS / Economy
Dec 24, 2024

BOJ debated need for caution in raising rates, meeting minutes show

Contrary to its concern over external risks, the BOJ board was mostly optimistic on domestic economic conditions.
"In order to secure quality talent, we have to raise wages above inflation," Daiwa Securities CEO Akihiko Ogino has said.
BUSINESS / Companies
Dec 24, 2024

Daiwa aims to raise wages at least 5% next year amid competition for talent

Daiwa is discussing a pay raise of at least 5% for the financial year beginning in April 2025, after hikes of 5%, 4% and 7% in the three years prior.
Nippon Steel's $15 billion bid for U.S. Steel has been referred to U.S. President Joe Biden after a U.S. panel on foreign investments was unable to reach a consensus.
BUSINESS / Companies
Dec 24, 2024

Nippon Steel's bid for U.S. Steel referred to Biden for final decision

Committee on Foreign Investment in the United States referred the bid to the U.S. president after failing to reach a consensus.
U.S. President Donald Trump welcomes Canadian Prime Minister Justin Trudeau at the White House in October 2017. Canada, like other nations in the president-elect's crosshairs, is scrambling to blunt the impact of his threat to implement steep tariffs once he re-takes office.
COMMENTARY / World
Dec 24, 2024

The creep of national security threatens the WTO

In Trump's mind, tariffs are the cure-all for virtually everything that ails the United States.
Toyota is negotiating with local authorities and other parties involved to set up a wholly owned production plant in Shanghai in the wake of the Chinese government's foreign investment deregulation.
BUSINESS / Companies
Dec 24, 2024

Toyota eyes solo Lexus EV plant in Shanghai

The automaker, which currently ships Lexus models from Japan to China, intends to put the plant into production as early as around 2027.
Internally displaced Syrians from eastern Ghouta queue for food in a Damascus countryside in April 2018.
WORLD / Society
Dec 24, 2024

Global hunger crisis deepens as major nations skimp on aid

The United Nations says that, at best, it will be able to raise enough money to help about 60% of the 307 million people it predicts will need humanitarian aid next year.
Japan aims to accelerate offshore wind development as part of its decarbonization strategy.
BUSINESS / Companies
Dec 24, 2024

Japan selects two groups for third offshore wind power round

The country aims to accelerate offshore wind development as part of its decarbonization strategy.
Christians attend a Christmas mass at the Lady of Damascus church, after the ousting of Syria's Bashar Assad, in Damascus, Syria, on Tuesday.
WORLD
Dec 25, 2024

Syrian Christians attend Christmas mass for first time since Assad's fall

De facto ruler Ahmed al-Sharaa has told Christians and other groups that they will be safe in a Syria run by his group.
Palestinians gather at a charity kitchen in Khan Younis, in the southern Gaza Strip, on Dec. 4.
WORLD
Dec 25, 2024

Looting cripples Gaza food supply despite Israeli pledge to tackle gangs

Israel has failed to crack down on armed gangs attacking food convoys in Gaza, despite a pledge to do so in mid-October to help ward off famine in the Palestinian enclave, according to three U.N. and U.S. officials familiar with the matter. The commitment, made behind closed doors, seemed like a breakthrough...
Christians take selfies after a Christmas Eve Mass at the Sacred Heart Catholic Church in Banda Aceh, Sumatra, Indonesia, on Tuesday, ahead of the 20th anniversary of a magnitude 9.1 earthquake that struck the coast of Sumatra on Dec. 26, 2004, triggering a huge tsunami across the Indian Ocean.
BUSINESS / Tech
Dec 25, 2024

Blogs to Bluesky: Social media shifts responses after 2004 tsunami

In two decades, the online social media landscape has experienced a vast change, allowing information — as well as rumor and misinformation — to flow in real time.
Prime Minister Shigeru Ishiba during a news conference at the Prime Minister's Office on Tuesday
JAPAN / Politics
Dec 25, 2024

Ishiba aims for agreement on corporate political donations by March

While opposition parties are pushing for a ban on such donations, Ishiba has reiterated his opposition to such a move.
The United States Steel's Clairton Coke Works facility in Clairton, Pennsylvania. In a letter, a group that includes mayors in Pennsylvania and Indiana denounced the head of the United Steelworkers union over his refusal to negotiate in good faith with Nippon Steel its plan to acquire U.S. Steel.
BUSINESS / Companies
Dec 25, 2024

Mayors urge Biden to approve Nippon Steel acquisition of U.S. Steel

A total of 20 people, including the heads of administrative districts where U.S. Steel facilities are located, underlined the importance of the deal to the local communities.
Africa’s growing resource nationalism is prompting governments to renegotiate mining deals, aiming for a larger share of profits from mineral resources and reducing the revenues for multinational companies.
COMMENTARY / World
Dec 25, 2024

Africans demand a bigger share of their natural resources wealth

Multinational companies should hurry to find sustainable ways in which they can share risk and revenue with governments, as they do elsewhere.
This is set to be the first time Toyota will donate to a U.S. inauguration ceremony.
BUSINESS / Companies
Dec 25, 2024

Toyota to donate $1 million to Trump’s inauguration ceremony

President-elect Trump says he plans to impose a 25% tariff on all imports from Mexico, triggering concerns from automakers that rely on Mexican production for the U.S. market.
People walk past a Dior shop in Rome on Dec. 18.
BUSINESS / Economy
Dec 26, 2024

Luxury labels bulk up on lower-priced goods to broaden appeal

After more than two years of sharp price hikes, luxury labels are finding themselves at risk of alienating the middle class.
Japan Airlines jets at Tokyo's Haneda Airport in August. On Thursday, JAL announced its systems had been targeted in a cyberattack.
JAPAN
Dec 26, 2024

Japan Airlines reports cyberattack on system, impacting flights

JAL's systems appeared to have returned to normal after the router believed to have been causing the disruption was temporarily shut down.
Prime Minister Shigeru Ishiba shakes hands with Chinese leader Xi Jinping on Nov. 15 during their meeting on the sidelines of the Asia-Pacific Economic Cooperation summit in Lima.
JAPAN / Politics / FOCUS
Dec 26, 2024

Japan and China to continue delicate diplomatic dance in 2025

While Tokyo and Beijing have touted the importance of thawing ties, experts say a number of issues are likely to mean continued hedging by both sides.
People use their smartphones as they sit on motorbikes in Ho Chi Minh City on Monday.
ASIA PACIFIC
Dec 26, 2024

Sweeping Vietnam internet law comes into force

Under a new law, all tech giants operating in Vietnam must verify users' accounts via their phone numbers or Vietnamese identification numbers.
The government plans to invest ¥100 billion in Rapidus under its fiscal 2025 budget.
BUSINESS / Companies
Dec 26, 2024

Japanese government to invest ¥100 billion in Rapidus in 2025

The government hopes its investment will encourage private funding for the chipmaker, which is building a plant to produce next-generation semiconductors.

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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