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Nomura Holdings shuffles its leadership in its currencies and emerging markets trading business following the departure of the unit’s co-head Nagaraj Pangal.
BUSINESS / Companies
Jun 11, 2025

Nomura shuffles leadership in trading units after second exit in nine months

The business has been suffering from a series of high-profile exits, and on one team as of January at least eight traders had left or gone on leave in the prior 12 months.
U.S. Director of National Intelligence Tulsi Gabbard (second from right) poses with U.S. Ambassador to Japan George Glass (third from left) and U.S. Marines during a visit to the U.S. Marine Corps Air Station Iwakuni in Yamaguchi Prefecture on June 4.
JAPAN / Politics
Jun 11, 2025

U.S. intel chief warns ‘warmongers’ fomenting nuclear war after Hiroshima visit

U.S. Director of National Intelligence Tulsi Gabbard’s unusual remarks seemed to echo Russian talking points on the war in Ukraine.
Nippon Steel Vice Chairman Takahiro Mori at U.S. Steel's Irvin Works facility in West Mifflin, Pennsylvania, on May 30
BUSINESS / Companies
Jun 11, 2025

3D urges shareholders to reject new term for Nippon Steel heads

Nippon Steel’s large-scale capital investment plan "significantly” exceeds the company’s market value, 3D said in a statement.
Reporters question Prime Minister Shigeru Ishiba at the Prime Minister's Office in April.
JAPAN
Jun 11, 2025

Survey finds nearly 70% of people in Japan trust mass media

A combined 68.7% were very or moderately trustful of mass media, while 6.7% said they do not trust mass media at all.
Seeking access to pricier and more demanding foreign markets for its beef, Brazil's Amazonian state of Para has seized on the global spotlight of the U.N. COP 30 summit to burnish its environmental credentials.
ENVIRONMENT / Sustainability
Jun 11, 2025

Why Brazil’s ‘King of Cattle’ is embracing a plan to save the Amazon

The rancher has his eyes on exporting to pricier and more demanding markets in the United States, Europe and Asia.
A Chinese J-15 fighter jet flies just to the side of a Maritime Self-Defense Force P-3C surveillance plane over the high seas in the Pacific Ocean on Sunday.
JAPAN
Jun 12, 2025

Chinese fighter jets in close encounters with MSDF patrol planes over Pacific

Chinese fighters made “abnormal approaches” to MSDF patrol aircraft over the Pacific Ocean in recent days that risked collisions, the Defense Ministry said.
A military vehicle as seen from the Israeli side of the Israel-Gaza border on Tuesday
WORLD / Politics
Jun 12, 2025

U.S. slams U.N. conference on Israel-Palestinian issue and warns of consequences

The diplomatic demarche says countries that take "anti-Israel actions" following the conference could face diplomatic consequences from Washington.
Under the new law, the Science Council of Japan will be positioned as a "representative organization for Japanese scientists at home and abroad," and the government will provide necessary financial support.
JAPAN / Politics
Jun 12, 2025

Japan enacts law to turn Science Council into special entity

The new law for the council, which represents the country's scientific community, will come into effect in October 2026.
World Bank President Ajay Banga at the Milken Institute Global Conference in California on May 5
BUSINESS
Jun 12, 2025

World Bank to end ban on nuclear energy projects, but undecided on upstream gas

The global development bank, which lends at low rates to help countries build everything from flood barriers to railroads, decided in 2013 to stop funding nuclear power projects.
Mitsubishi Estate is one of Japan’s largest property companies and the firm has been growing its investment management business.
BUSINESS / Companies
Jun 13, 2025

Mitsubishi buys stake in private equity real estate firm Patron

The deal will see Mitsubishi commit about €600 million of equity to Patron’s funds to help it build out new strategies including its nascent credit business.
Shareholders passed a motion to reappoint Chairman Akio Toyoda during Toyota Motor's general shareholders' meeting on Thursday.
BUSINESS / Companies
Jun 12, 2025

No mention of buyout as Toyota shareholders reappoint Chairman Akio Toyoda

Questions about the privatization of Toyota Industries and Toyoda’s role in it never came up, in stark contrast to earlier this week at Toyota Industries’ annual meeting.
United Wa State Army (UWSA) soldiers march during a media display in Pansang, Wa territory in northeast Myanmar in 2016. The armed group controls one of the world's largest tin mines.
ASIA PACIFIC / Politics
Jun 12, 2025

China-backed militia secures control of new rare earth mines in Myanmar

Beijing is heavily reliant on Myanmar for the rare earth metals and oxides needed to produce magnets that power critical goods.
Displaced people ride a an animal-drawn cart, following Rapid Support Forces (RSF) attacks on Zamzam displacement camp, in the town of Tawila, North Darfur, Sudan, on April 15.
WORLD / Society
Jun 12, 2025

U.N. says 122 million forcibly displaced worldwide 'untenably high'

The U.N. refugee agency warned that how major conflicts worldwide played out would determine whether the figure would rise once again.
The Trump administration's decision to ban The Associated Press from the White House press pool over a style guide dispute is part of a long and troubling history of presidents retaliating against journalists who displease them.
COMMENTARY / World
Jun 13, 2025

Presidents have been treating journalists badly since Lincoln

Indeed, long before there existed a White House press corps, presidential peevishness led to the punishment of newspapers.
Prime Minister Shigeru Ishiba's Cabinet has approved this year's <i>honebuto no hōshin</i>, a document that sets economic and fiscal management guidelines for the government.
BUSINESS / Economy
Jun 13, 2025

Wage growth a focus of this year's honebuto no hōshin

The government's guidelines for economic and fiscal management outline the target of raising the average minimum hourly wage to ¥1,500 by 2030.
Mourners offer flowers and prayers for former Prime Minister Shinzo Abe, who was shot while campaigning in 2022, during a ceremony marking one year after his death, in Tokyo in July 2023.
JAPAN / Crime & Legal
Jun 13, 2025

Trial of suspect in murder of ex-PM Abe set to begin in October

The trial of Tetsuya Yamagami, 44, will commence on Oct. 28.
Prime Minister Shigeru Ishiba speaks to reporters last month in Tokyo.
JAPAN / Politics
Jun 13, 2025

Ishiba pledges cash handout for all citizens ahead of election

The handout would be ¥20,000 per person and an additional ¥20,000 would be added on top of that per child or low-income earner, Ishiba said.
The Nippon Steel logo is displayed at the company's East Nippon Works Kimitsu Area plant in Kimitsu, Chiba Prefecture, last month.
BUSINESS / Companies
Jun 14, 2025

Trump gives formal blessing to Nippon Steel's $14.8 billion bid for U.S. Steel

The approval capped a tumultuous 18-month effort by the companies, beset by union opposition and national security reviews.
People in Tehran protest Israeli attacks on Iran on Friday. Iran’s supreme leader and government are facing what many regard as an existential moment as they try to decide how to respond to Israel’s ongoing attacks on its military hierarchy, air defenses and nuclear program.
WORLD / Politics / FOCUS
Jun 14, 2025

Israeli strikes back Iran's leadership into a corner

Iran's leaders, humiliated and increasingly preoccupied with their own survival, cannot afford to appear weak in the face of Israeli military pressure, officials say.
Japan captain Mai Yanagida bats against Hong Kong during the women's Sano City International Trophy cricket tournament on June 4 in Sano, Tochigi Prefecture.
MORE SPORTS / Cricket
Jun 15, 2025

From samurai threat to Asian Games as Japan cricket fights obscurity

Japan's cricket association says the sport is slowly gaining popularity and hopes next year's home Asian Games and the 2028 Los Angeles Olympics can take it to a new level.
Israeli Prime Minister Benjamin Netanyahu meets with U.S. President Donald Trump in the Oval Office on April 7. Netanyahu is playing a risky game by launching a war against Iran that may not stop its nuclear program and could trigger a wider conflict beyond Israel’s control.
COMMENTARY / World
Jun 15, 2025

Netanyahu’s big gamble risks a quicker Iranian bomb

Whether the air strikes can indeed succeed is a very big "if.” It’s more likely that Israel can do no more than delay Iran’s nuclear program.
Eating locally grown food could be part of a decokatsu lifestyle that's both good for the planet and your wallet.
ENVIRONMENT / Sustainability / OUR PLANET
Jun 15, 2025

Decokatsu could save you money and help the planet. But you probably haven't heard of it.

The ambitious government program aims to get people to live in ways that are healthier for the planet without being restrictive about it.
Rio Takeda banked roughly ¥265.7 million during the 2024 season in prize money on the back of a tour-high eight wins.
MORE SPORTS / Golf
Jun 15, 2025

What gender pay gap? In Japanese golf, women are on par with men

Fan and sponsorship growth has players in the JLPGA making just as much as their male counterparts, a rarity in the male-dominated world of sports.
The Stockholm International Peace Research Institute says that the world's nuclear powers are "upgrading existing weapons and adding newer versions."
WORLD / Politics
Jun 16, 2025

World faces new nuclear arms race, researchers warn

Researchers warned that the trend since the Cold War of there being a decrease in the overall number of warheads was likely to be reversed in the coming years.
Grizzlies guard Desmond Bane (left) looks to pass the ball as Dallas Mavericks forward Naji Marshall defends during the third quarter at FedExForum on April 18.
BASKETBALL / NBA
Jun 16, 2025

Magic acquire Desmond Bane in blockbuster trade with Grizzlies

Memphis will receive guards Kentavious Caldwell-Pope and Cole Anthony, four unprotected first-round picks and one first-round pick swap.
Rare earths from Australia's Mount Weld mine. Japanese companies have a supply agreement with a company that sources rare earths from the mine.
BUSINESS / Economy / FOCUS
Jun 16, 2025

Japan and the U.S. face challenges in economic security discussions

In their trade negotiations, the subject is much discussed, especially as rare earths become an issue.
A public clash between Donald Trump and Elon Musk exposed the national security risks of the U.S. government's heavy reliance on SpaceX, a private company controlled by a single individual.
COMMENTARY / World
Jun 16, 2025

Washington divorcing SpaceX just isn’t possible right now

The U.S. government depends on SpaceX for low-cost space launches while competitors lag behind.
Nvidia CEO Jensen Huang (left) speaks to German Chancellor Friedrich Merz in Berlin on June 13.
BUSINESS / Tech
Jun 16, 2025

Nvidia's pitch for sovereign AI resonates with EU leaders

The concept for every nation to develop its own artificial intelligence is based on the idea that the language, knowledge, history and culture of each region are different.
Shion Tsurubo, a member of boy band JO1, allegedly engaged in illegal gambling on an online casino website.
JAPAN / Crime & Legal
Jun 16, 2025

Boy band member referred to prosecutors over illegal gambling

Shion Tsurubo, a member of JO1, allegedly engaged in illegal gambling on an online casino website.
Dodgers designated hitter Shohei Ohtani at bat during the second inning against the San Francisco Giants at Dodger Stadium on Sunday.
BASEBALL / MLB
Jun 17, 2025

Shohei Ohtani and Aaron Judge dominate initial All-Star Game vote

Ohtani, who has amassed a MLB-best 73 runs to go with a.297 batting average, 25 homers and 11 steals, paces all National League players with 1,398,771 votes.

Longform

Rock group The Yellow Monkey played K-Arena Yokohama in June as part of a nationwide tour. Concerts are increasingly popular in the age of social media as users value in-person experiences.
Inside Japan’s arena boom: Sports, sound and city-building