Search - 2021

 
 
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee meeting in Washington on Wednesday. The Federal Reserve held interest rates steady for a third meeting and gave its clearest signal yet that its aggressive hiking campaign is finished, forecasting a series of cuts next year.
BUSINESS / Economy
Dec 14, 2023

Fed prepares to shift to rate cuts in 2024 as inflation eases

Updated quarterly forecasts showed Fed officials expect to lower rates by 75 basis points next year, a sharper pace of cuts than indicated in September.
COMMENTARY / World
Dec 14, 2023

It’s time to kick our addiction to fossil fuels

The COP28 deal is historic in that it calls for a transition away from fossil fuels for the first time, but it's too weak to tackle the climate emergency.
JAPAN / Crime & Legal
Dec 14, 2023

Former Tokyo Games executive pleads not guilty over bribery

Haruyuki Takahashi is accused of accepting about ¥200 million in bribes to help firms be selected as sponsors and marketing agents for the Games.
U.S. President Joe Biden at the White House on Wednesday
WORLD
Dec 14, 2023

Biden impeachment inquiry authorized by House Republicans

The White House has dismissed the inquiry as unsubstantiated by facts and politically motivated.
While Hayao Miyazaki’s return to filmmaking, “The Boy and the Heron,” did not attain the ¥10 billion milestone that the beloved animator’s movies had once routinely surpassed, it debuted at the top of the North American box office and became the first original anime film to lead the box office in the United States and Canada.
CULTURE / Film / 2023 in Review
Dec 15, 2023

Japan’s auteurs and anime triumphed in 2023

From Hayao Miyazaki's “The Boy and the Heron” to Hirokazu Kore-eda’s “Monster,” the box-office hits kept coming.
Firefighters tackle a fire in a field in San Buenaventura in the Bolivian Amazon in November.
ENVIRONMENT / Climate change
Dec 15, 2023

Despite COP28 deal on fossil fuels, 1.5 C goal likely out of reach

The "UAE Consensus" does not commit the world to phasing out oil and gas, nor to near-term timelines for transitioning away from fossil fuels.
JAPAN
Dec 15, 2023

Okinawa promotion spending to fall to ¥267.8 billion in fiscal 2024

The outlay would stand below ¥300 billion for the third successive year, according to a government estimate.
Toyota dealer Hiroshima Toyopet has installed air conditioners at all 30 of its maintenance facilities in Hiroshima Prefecture to ensure mechanics can work comfortably during the summer.
BUSINESS / Companies / Regional Voices: Hiroshima
Dec 25, 2023

Hiroshima car dealers seek ways to attract mechanics

Since many people use their cars as a daily means of transportation, it is essential to secure a stable pool of mechanics.
U.S. President Joe Biden hugs Brittany Alkonis, wife of Lt. Ridge Alkonis, on the day of the State of the Union address to a joint session of Congress in Washington on Feb. 7.
JAPAN / Crime & Legal
Dec 15, 2023

U.S. Navy officer jailed in Japan transferred to U.S. custody

Lt. Ridge Alkonis has been serving a three-year prison term since being convicted of negligent driving over a fatal car crash.
Dodgers owner Mark Walter puts a jersey on Shohei Ohtani during the superstar's introductory news conference on Thursday. The structure of Ohtani's contract could help the Dodgers get a full return on their investment in the two-way player.
BASEBALL / MLB
Dec 15, 2023

For the Dodgers, Ohtani's megadeal could end up being a bargain

The Dodgers have the makings of a juggernaut, and success on the field will allow the franchise to cash in on Ohtani’s transcendent marketability.
Prime Minister Fumio Kishida during a news conference at the Prime Minister's Office in Tokyo on Wednesday
JAPAN / Politics
Dec 15, 2023

Kishida's approval rate falls into dangerous territory amid scandal

The rate is the worst figure for a prime minister from the Liberal Democratic Party in more than a decade.
Visitors in the last gallery of “Yves Saint Laurent, Across the Style” at the National Art Center, Tokyo, view designs inspired by fine art.
CULTURE / Art / 2023 in Review
Dec 16, 2023

Eager crowds congested Tokyo’s biggest art museums in 2023

Art fans came with wallets ready for a lineup of blockbuster exhibitions, creating bottlenecks at photo-friendly masterpieces and gift shops.
The Dodgers officially introduced two-way superstar Shohei Ohtani during a news conference on Thursday.
EDITORIALS
Dec 15, 2023

Another extraordinary milestone for Shohei Ohtani

Dodgers secure baseball phenom Shohei Ohtani with record-breaking $700 million contract.
COMMENTARY / Japan
Dec 15, 2023

Why should any city want to host a world expo?

The projected budget for the 2025 Osaka Expo has nearly doubled and netizens and opposition politicians are calling for a cancellation.
Afghan youth cricketers take part in a training session at Mohammad Mirza Katawazai Cricket Centre in Kabul on Nov. 25.
MORE SPORTS / Cricket
Dec 15, 2023

'Crazy for cricket': Young Afghans inspired by national team's success

From pickup games in dusty parks or narrow alleys to high-intensity training at well-kitted academies, young Afghans have cricket fever.
Former New York Mayor Rudy Giuliani leaves a U.S. courthhouse in Washington on Friday
WORLD / Crime & Legal
Dec 16, 2023

Rudy Giuliani ordered to pay $148 million in defamation trial

The jury in federal court in Washington found that Giuliani, a former Trump lawyer, owes the workers after he made false accusations of election-rigging.
Prime Minister Fumio Kishida and Malaysian Prime Minister Anwar Ibrahim at the start of a bilateral meeting in Tokyo on Saturday
JAPAN / Politics
Dec 16, 2023

Japan-ASEAN summit aims to advance 'security cooperation'

Japan is also expected to use the summit to push energy cooperation as it seeks to export emissions-reducing tech that critics have questioned.
Kuwait's then-Crown Prince Sheikh Nawaf Al Ahmad Al Sabah arrives to attend a conference in Kuwait City in 2014.
WORLD / Politics
Dec 17, 2023

Kuwait's Emir Sheikh Nawaf dies; Sheikh Meshal named as successor

Crown Prince Sheikh Meshal Al Ahmad Al Jaber, 83, who has been Kuwait's de facto ruler since 2021, was named as Sheikh Nawaf's successor.
A contingency in the event that China invades Taiwan is emerging as a key focus in Japan’s new defense policy.
COMMENTARY / Japan
Dec 17, 2023

Will Japan intervene in a Taiwan contingency? It depends.

If Taiwan puts up a fight against a Chinese invasion, it would likely engender a U.S. intervention that would not be possible without Japan’s assistance.
Packages of tofu on the production line at the Yamami factory in Oyama, Shizuoka Prefecture
BUSINESS / Companies
Dec 18, 2023

Tofu-maker Yamami sees shares surge after automating ancient craft

At its newest factory at the foot of Mount Fuji, the company, one of the few that’s listed, can produce 15,000 units of the bean curd each hour.
A security personnel stops a supporter during the national security trial of media mogul Jimmy Lai in Hong Kong on Monday.
ASIA PACIFIC / Politics
Dec 18, 2023

Security tight ahead of landmark Hong Kong trial for Jimmy Lai

Now jailed for over 1000 days, one of Hong Kong's biggest critics of China has faced Beijing's wrath since the pro-democracy protests in 2019.
Mercedes driver Lewis Hamilton removes his helmet after the qualifying session for the Abu Dhabi Grand Prix on Nov. 25.
MORE SPORTS / Auto Racing
Dec 18, 2023

Button expects Hamilton to bounce back 'with the right car'

For the second year running, Mercedes driver Hamilton has failed to win a grand prix.
Tiger Woods walks onto the 18th green with his daughter Sam Woods during the PNC Championship at The Ritz-Carlton Golf Club in Orlando, Florida, on Sunday.
MORE SPORTS / Golf
Dec 18, 2023

Woods optimistic following family weekend at PNC Championship

Woods said his surgically repaired right ankle continues to hold up well and that he recovered quickly after the Hero World Challenge earlier this month.
United States Steel's Irvin Plant along the banks of the Monongahela River across from Glassport, Pennsylvania, in August
BUSINESS / Companies
Dec 19, 2023

Nippon Steel defends buying U.S. Steel at premium in global push

The American steelmaker has been considering potential transactions since mid-August, after rejecting an offer from rival Cleveland-Cliffs.
A volcano spews lava and smoke as it erupts in Grindavik, Iceland, on Monday.
WORLD
Dec 19, 2023

Volcano erupts near evacuated town in Iceland

The eruption near capital Reykjavík has not affected flights in the country's main international airport.
Koo Yeon-kyung, the eldest daughter of LG's former chairperson Koo Bon-moo, at her home in Seoul on Oct. 3. The death of Koo Bon-moo in 2018 without a will sparked a power struggle within the Koo family and LG over the inheritance of his estimated $1.5 billion fortune — including his 11% stake in the company.
BUSINESS / Companies
Dec 19, 2023

Family split at LG tests corporate succession in South Korea

Wife and daughters of late chairman accuse adopted son and other executives of deception to steal their inheritance to bolster his claim to the company.
An apartment block that was heavily damaged by a Russian missile strike in Dnipro, Ukraine, on Jan. 18, 2023. Housing, transportation networks and various types of other infrastructure facilities across the nation have suffered substantial damage in the wake of Russia's invasion.
JAPAN
Jan 2, 2024

Japan sharing reconstruction lessons with Ukraine

Ukrainian officials have reportedly said reconstruction efforts will draw inspiration from successful examples in Japan.
Prime Minister Fumio Kishida and NATO Secretary-General Jens Stoltenberg meet during a NATO summit in Vilnius, Lithuania, in July.
COMMENTARY / Japan
Dec 19, 2023

NATO's delicate balancing act in the Indo-Pacific

Japan and NATO are already working together on new technologies and on efforts to safeguard the new domains of cyber, outer space and other vectors.
Russia's President Vladimir Putin attends a meeting near Moscow on Dec. 12.
WORLD / Politics
Dec 20, 2023

U.S. allies brace for high cost of defeat as Ukraine aid stalls

Russian victory in Ukraine would be felt around the world as U.S. partners and allies questioned Washington’s promises of defense.
Recent attacks on vessels in the Red Sea by the Iran-aligned Houthi militant group have forced shipping companies to reroute around the Cape of Good Hope to avoid the Suez Canal.
BUSINESS / Companies
Dec 20, 2023

Companies rush to avert Red Sea attacks as shipping rates rise

They are exploring alternative routes to avoid the region where the Houthi militant group is actively targeting vessels.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami