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Rory McIlroy plays a shot during the third round of the Truist Championship golf tournament in Philadelphia on Saturday.
MORE SPORTS / Golf
May 13, 2025

McIlroy looks to the future after post-Masters thrill ride

"I honestly could not be in a better place in my life professionally, personally, all of it," Rory McIlroy said.
Damascus seen from Mount Qasioun on Jan. 7
WORLD / Politics
May 13, 2025

Syria makes bid to meet Trump, hoping for sanctions relief and reset with Israel

Syria has struggled to implement conditions set out by Washington for relief from U.S. sanctions, while Israel has escalated air strikes and occupied Syrian territory.
Toyota Chairman Akio Toyoda speaks during the 2025 CES event in Las Vegas in January.
BUSINESS / Companies
May 13, 2025

Akio Toyoda’s buyout plan called ‘gutsy’ by Dalton Investments

Toyota Motor Chairman Akio Toyoda’s ¥6 trillion ($41 billion) plan to buy out Toyota Industries has won over at least one of the auto supplier’s critics: Dalton Investments.
Masayuki Omoto, Marubeni president and CEO, in Tokyo on Tuesday. Omoto has affirmed the Japanese trading house’s commitment to a long-term partnership with Berkshire Hathaway, echoing sentiments recently expressed by the U.S. investment firm.
BUSINESS / Companies
May 13, 2025

Marubeni aligned with Berkshire Hathaway on long-term value, says top exec

Berkshire has steadily increased its stakes in Japan’s five largest trading houses, with Chairperson Warren Buffett signaling in February that he plans to boost holdings further.
"The Bank of Japan’s stance to continue to raise the policy interest rate is unchanged” given low real rates and the outlook for its price goal to be met, one of the nine board members said at the central bank's April 30 to May 1 meeting, according to a summary of opinions released Tuesday.
BUSINESS / Economy
May 13, 2025

BOJ still intends to raise rates while monitoring tariffs, summary shows

The written account of the BOJ gathering comes as risk appetite returns to global financial markets following the cooldown in U.S.-China tariff tensions on Monday.
A gate to the Osaka Expo site is crowded with visitors on Monday.
JAPAN
May 13, 2025

One month on, Osaka Expo urged to boost heat and crowd control measures

Experts say the real test will come in August when higher turnout is expected.
The headquarters of Fuji Media Holdings, Fuji TV's parent, in Tokyo's Minato Ward
JAPAN / Media
May 13, 2025

Nakai's lawyer refutes third-party report finding 'sexual violence'

The lawyer demanded that the committee disclose the evidence behind its report, which was released in March, by May 26.
A humanoid robot walks as an employee conducts tests, on the production line at the AgiBot factory in Shanghai on March 20.
BUSINESS / Tech
May 13, 2025

China's AI-powered humanoid robots aim to transform manufacturing

Beijing is aiming for a new industrial revolution where many factory tasks would be performed by humanoid robots.
SoftBank Group reported net income of ¥517.18 billion ($3.5 billion) in its fiscal fourth quarter, helped by the Vision Fund, which swung to a profit of ¥26.1 billion.
BUSINESS / Companies
May 14, 2025

SoftBank profit doubles as AI demand boosts chip sales and startups

The results come as SoftBank plans to invest $30 billion in OpenAI while leading a $100 billion foray into building AI hardware in the U.S.
Operating profit is forecast to land at around ¥500 billion ($3.4 billion) in the current fiscal year through March 2026, falling far short of analyst estimates of ¥1.35 trillion, Honda said Tuesday.
BUSINESS / Companies
May 13, 2025

Honda signals profit drop and warns of $3 billion tariff hit

Honda will have to go it alone after a tie-up with Nissan fell through as the global auto market is roiled by U.S. tariffs and intense competition in China.
Sakana AI CEO David Ha speaks at a news conference in Tokyo on Tuesday.
BUSINESS / Companies
May 13, 2025

Japan should produce its own AI defense solutions, Sakana AI CEO says

Sakana AI CEO David Ha said that as U.S. foreign policy becomes more U.S.-centric, AI services could serve as “a bargaining chip for countries.”
India's air conditioner market is set to grow from the current 14 million units to 30 million units in terms of volume by 2030, driven by hotter summers and rising disposable incomes.
ENVIRONMENT / Climate change
May 13, 2025

Indians buy 14 million air conditioners a year, and need many more

A record 14 million AC units were sold in India last year, with a ninefold increase in residential ownership forecast by midcentury.
President Donald Trump delivers remarks during a Saudi investment forum at the King Abdulaziz International Conference Center in Riyadh on Tuesday.
WORLD / Politics
May 14, 2025

Trump says U.S. to lift Syria sanctions as he secures $600 billion Saudi deal

Saudi Arabia is one of the largest customers for U.S. arms — part of a decadeslong arrangement where the kingdom delivers oil and the superpower provides security.
Japan will call for the public and private sectors to spend about ¥60 trillion in total over the five years to fiscal 2029 to improve the productivity of small and midsize companies.
BUSINESS / Economy
May 14, 2025

Japan considers five-year wage hike plan for smaller firms

The government will call on the public and private sectors to spend about ¥60 trillion in total over the five years.
A satellite image shows Nur Khan air base in Islamabad, Pakistan, on Saturday.
ASIA PACIFIC / Politics
May 14, 2025

How backchannel diplomacy pulled India and Pakistan back from the brink of war

At 2 a.m., explosions began. By nightfall, a U.S.-brokered ceasefire ended the deadliest escalation between India and Pakistan in decades.
Ukrainian President Volodymyr Zelenskyy holds a news conference in Kyiv on Tuesday.
WORLD / Politics
May 14, 2025

Zelenskyy insists on face-to-face talks with Putin in Istanbul

The planned talks have become the main focus of peace efforts led by U.S. President Donald Trump, who is sending his secretary of state has also offered to attend.
Trade Minister Yoji Muto will skip the Asia-Pacific Economic Cooperation meeting, a decision that will likely lower Tokyo’s chances of securing an opportunity for bilateral talks with U.S. Trade Representative Jamieson Greer.
BUSINESS / Economy
May 14, 2025

Japan’s key officials to skip APEC meet attended by U.S. trade representative

This won’t be the first time Japan’s trade minister will miss the APEC gathering in recent years, but sending a lower-ranking official may make it harder to hold one-on-one talks.
Nippon Life Insurance is diversifying its investments to enhance yields, although it’s a tricky time to invest with U.S. President Donald Trump’s trade war fueling global market volatility.
BUSINESS / Companies
May 14, 2025

Japan’s biggest insurer weighs riskier overseas CLO investments

Japan’s biggest life insurer is considering taking on a little more risk with its investments in collateralized loan obligations (CLOs), as it looks for ways to eke out better returns abroad.
The Tokyo Stock Exchange building in Nihonbashi. The exchange wants companies to lower the entry cost of investing in their shares.
BUSINESS / Markets
May 14, 2025

Tokyo Stock Exchange wants stocks to be affordable for the average investor

Attracting more small investors could help reduce volatility due to the introduction of a wider range of investment strategies.
Chinese Vice Premier He Lifeng attends a meeting with global business leaders at the Great Hall of the People in Beijing on March 28.
WORLD / Politics
May 14, 2025

China surrounded Xi aide with seasoned experts to seal U.S. deal

The crew engaging with Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer was on public display for the first time Sunday.
Solar Park Kasso ApS's e-methanol production plant, located on the outskirts of Aabenraa in Denmark, on Monday
BUSINESS / Companies
May 14, 2025

Mitsui starts mass production of e-methanol with Danish firm

The amount of CO2 emitted from e-methanol production is up to 97% less than that from methanol produced using fossil fuels.
A liquefied natural gas (LNG) tanker is tugged toward a thermal power station in Futtsu, Chiba Prefecture, in 2017.
BUSINESS
May 14, 2025

Japan under pressure from U.S. to invest in Alaska LNG pipeline

Doubts over the pipeline's profitability and viability leaves Japan's participation in the $44 billion (nearly ¥6.7 trillion) project uncertain.
Meta’s rapid AI chatbot rollout is raising safety concerns as critics cite inappropriate responses and poor accountability despite its access to vast user data.
COMMENTARY / Japan
May 14, 2025

Meta’s defense of its rogue AI sounds painfully familiar

The social media platform Meta is going on the attack instead of worrying about its users. How did that work out the last time?
An expected collaboration between Sumitomo Mitsui Financial Group and SoftBank will see the PayPay smartphone payment service being made available via the Olive general financial app provided by Sumitomo Mitsui Banking.
BUSINESS / Companies
May 14, 2025

Sumitomo Mitsui and SoftBank to tie up on digital payment services

The PayPay smartphone payment service operated by a SoftBank affiliate will be made available in Sumitomo Mitsui Banking's Olive app under the partnership.
Panasonic may be poised to benefit from having factories in the U.S. as Tesla and others seek to reduce their reliance on Chinese battery-makers.
BUSINESS / Companies
May 14, 2025

Panasonic CEO says battery plans align with slower EV demand

The supplier of lithium-ion batteries to Tesla is getting ready to start production at a second U.S.-based factory in Kansas, but has frozen plans for a third plant.
Saudi Crown Prince Mohammed bin Salman (right) watches as U.S. President Donald Trump shakes hands with Syria's interim president Ahmad al-Sharaa in Riyadh on Wednesday.
WORLD
May 14, 2025

Trump meets Syrian president and urges him to establish ties with Israel

Trump urged Ahmad al-Sharaa to join the United Arab Emirates, Bahrain and Morocco, which normalized relations with Israel in 2020.
U.S. President Donald Trump talks to Israeli Prime Minister Benjamin Netanyahu in Washington on April 7.
WORLD / Politics / ANALYSIS
May 15, 2025

Bypassed by Trump, Israel dismayed but silent

Israel has maintained a diplomatic silence this week even as their assumptions about their standing with the U.S. were shaken by Trump's moves.
Uber Technologies CEO Dara Khosrowshahi in New York on Wednesday
BUSINESS / Companies
May 15, 2025

Uber to launch self-driving mobility service in Japan

The U.S. ride-hailing service provider plans to introduce autonomous rides in Japan once partner firms are ready, an executive said.
Prime Minister Shigeru Ishiba said the government will do all it can to raise wages, particularly for small and midsize businesses, which account for 70% of employment in Japan.
BUSINESS / Economy
May 15, 2025

Japan to target 1% real wage gains within the next five years

The goal is based on the premise that stable and sustainable 2% inflation is in place.
U.S. President Donald Trump (center), Qatar's Emir Tamim bin Hamad Al-Thani (right) and Boeing CEO Kelly Ortberg attend a signing ceremony in Doha on Wednesday.
BUSINESS / Companies
May 15, 2025

Qatar Airways orders 160 Boeing twin-aisle jets during Trump visit

The deal for Boeing 777X and 787 planes with GE Aerospace engines was worth $96 billion, according to the White House.

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