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The Bank of Japan is likely to keep its monetary stimulus settings unchanged at a two-day policy meeting ending Dec. 19, despite recent market speculation that the negative rate may be scrapped as soon as the December meeting.
BUSINESS / Markets
Dec 11, 2023

BOJ sees little need to end negative rate in December: sources

Bank officials are yet to see enough evidence of wage growth that would support sustainable inflation.
Surfers wait for waves in Teahupo'o, Tahiti, French Polynesia, on Aug. 9.
OLYMPICS / Surfing
Dec 12, 2023

Olympic surfing to be held in Polynesia despite row, president says

Debate about the suitability of having Tahiti host the competitions has made waves for weeks.
COP28 President Sultan Al Jaber in Dubai on Monday
ENVIRONMENT / Climate change
Dec 12, 2023

COP28 summit goes into overtime with new draft deal in works

The UAE's Sultan Al Jaber has the task of getting almost 200 countries to agree to a text that will govern the global fight against climate change.
U.S. President Joe Biden shakes hands with Ukrainian President Volodymyr Zelenskyy in Kyiv on Feb. 20.
WORLD / Politics
Dec 12, 2023

Biden and Zelenskyy: Odd couple brought together by war

The two men have little in common on the surface, but since Russia invaded Ukraine, have become firm allies.
A record number of Japanese investors have put their money into domestic private credit deals in search of higher returns this year.
BUSINESS / Economy
Dec 12, 2023

Private credit is attracting record numbers of Japanese investors

An unprecedented 236 limited partners have provided money to private capital managers this year through September, more than triple the level of 2017.
Cybersecurity is a growing concern in Taiwan as the island sits at the center of U.S.-China tensions and has a critical presidential election in January.
ASIA PACIFIC / Politics
Dec 12, 2023

Taiwan taps experts and U.S. to prepare banks for cyberattacks

Officials in Taipei are consulting security experts from the U.S. Treasury Department and American cybersecurity specialists to simulate attacks.
Mitsubishi UFJ, Japan's largest banking group, bought 75% of AlbaCore last month to diversify its range of investment capabilities.
BUSINESS / Economy
Dec 12, 2023

MUFG's AlbaCore sees potential for alternative investments in Japan

Mitsubishi UFJ bought 75% of AlbaCore last month to diversify the range of investment capabilities.
Newly recruits in the Houthi military force march through Sanaa, the capital of Yemen, on Dec. 2.
WORLD
Dec 12, 2023

Yemen's Houthis claim attack on Norwegian tanker

The ship had loaded vegetable oil and biofuels in Malaysia and was headed for Venice, Italy.
Seihan Mori, chief priest of Kiyomizu Temple in Kyoto, writes "zei" (taxes), which was chosen on Tuesday as the kanji of the year.
JAPAN
Dec 12, 2023

Talk of taxes spurs choice for Japan’s kanji of the year

The choice came as tax hikes and cuts were heavily covered in the news and discussed among policymakers.
Harvard University in Cambridge, Massachusetts
WORLD / Politics
Dec 12, 2023

Disunity deepens at Harvard as Israel's war on Gaza charges debate

Rhetoric has reached a fever pitch since testimony in Congress by the university’s first Black president, who has only been in the role since July.
The development of AI worries many, including Sam Altman, who testified in Congress in May that he was "nervous" about the technology's ability to compromise election integrity.
BUSINESS / Tech
Dec 12, 2023

A look at the world's first AI-powered political campaign caller

Ashley is one of the first examples of how generative AI is ushering in a new era of political campaigning.
BASEBALL / MLB
Dec 13, 2023

Dodgers, Red Sox and Jays to meet with Yoshinobu Yamamoto

While only one MLB pitcher has ever signed for over $300 million, speculation has Yamamoto potentially landing a deal that would approach that figure.
Ukrainian soldier fire a mortar near Kyiv on Nov. 8.
WORLD / Politics
Dec 13, 2023

Pentagon has a workaround to send Ukraine arms despite aid stalemate

The tactic: Continue to provide arms from U.S. stockpiles in hopes of waiting until later for the money to replace them.
U.S. President Joe Biden and Ukrainian leader Volodymyr Zelenskyy speak during a news conference in Washington on Tuesday. Zelenskyy came to the U.S. Congress to appeal for more aid to resist Russia's invasion, and Republican leaders told him to first wait for an elusive U.S. deal on immigration.
WORLD / Politics
Dec 13, 2023

Zelenskyy meets U.S. Republicans in push for aid to fight Russia

Some Republicans oppose more aid, saying any further money must be paired with changes to immigration policy at home.
South Korean outfielder Jung Hoo Lee during the Olympic semifinal against Japan in Tokyo in 2021.
BASEBALL / MLB
Dec 13, 2023

San Francisco signs South Korean Jung Hoo Lee for $113 million

Lee, 25, was the Korean Baseball Organization MVP in 2022 after he hit .349 with 23 home runs.
A pollution pod designed to mimic the air quality in New Delhi sits during the United Nations Climate Change Conference (COP28) in Dubai on Tuesday
ENVIRONMENT / Climate change
Dec 13, 2023

Without fairness, fossil fuel phase-out flounders at COP28

Developing countries emphasized that they could not embark on the journey toward renewables in the absence of clear guarantees of international support.
Shingo Takashima, a 26-year-old doctor, killed himself three months into his specialty doctor training at a general hospital in Kobe.
JAPAN / Society / FOCUS
Dec 13, 2023

Young doctor’s suicide highlights overwork culture at Japan hospitals

The issue is coming into sharper focus ahead of the April implementation of a legal cap on doctors’ overtime.
The Tokyo headquarters of the Unification Church in Shibuya Ward
JAPAN / Crime & Legal
Dec 13, 2023

Japan enacts law to monitor Unification Church assets

The special legislation is designed to ensure that victims of the organization's malpractices have a source of relief.
SUMO / INSIDE SUMO
Dec 13, 2023

Sumo's big ticketing problem

Securing tickets for sumo's biggest matches can be a headache, particularly for sumo's many foreign fans, partially due to outdated information online.
A semifinal match at the WTA Finals in Cancun in November
TENNIS
Dec 13, 2023

WTA boss Steve Simon to leave role as CEO but stay on as exec

Simon has been chairman and chief executive of the WTA for eight years but has come under increasing fire from the players recently.
The Palace of Westminster in London. Russia's intelligence service has carried out a yearslong cyberattack campaign against high-profile politicians, public service staff members, journalists and others, the British government said on Dec. 7.
WORLD / Politics
Dec 13, 2023

U.K. government at high risk of ‘catastrophic’ cyberattack

Departments responsible for national infrastructure across the government are running outdated systems that put them in danger of a breach.
Armed men stand on a beach as the Galaxy Leader commercial ship, seized by Yemen's Houthis last month, is anchored off the coast of al-Salif, Yemen, on Dec. 5.
WORLD
Dec 13, 2023

With missiles and ship attacks, Yemen’s Houthis gain regional clout

In a major escalation of Houthi actions against Israel, the Iran-backed militia hit a Norwegian tanker on Monday with a cruise missile.
Milei won Argentina’s presidency last month by wielding a roaring chainsaw on the campaign trail to symbolize the slashing he planned for the nation’s government.
WORLD / Politics
Dec 13, 2023

Argentina’s new ‘anarcho-capitalist’ president starts slashing

Javier Milei unveiled deep spending cuts and a sharp devaluation of the peso days after taking office, forewarning the nation of the economic pain ahead.
Liberal Democratic Party policy chief Koichi Hagiuda (center) attends a party hosted by his faction, which was previously led by former Prime Minister Shinzo Abe, in May in Tokyo.
JAPAN / Politics
Dec 13, 2023

Focus turns to replacements as scandal-hit LDP ministers face ax

In a news conference Wednesday evening, Fumio Kishida said he would make replacements the following day but declined to comment on the details.
Hamas leader Yehia Sinwar addresses an anti-Israel rally in Gaza City in May 2021.
COMMENTARY / World
Dec 8, 2023

Can the governments that grew Hamas destroy it?

This is a war in which Hamas, designated as a terrorist organization by the U.S. and E.U., need only survive to win.
Members of the Deokjeok High School baseball team during a tournament in Seoul in August
BASEBALL
Dec 13, 2023

South Korean island is a field of dreams for young baseball hopefuls

A sports academy in remote Deokjeok has breathed life into the island, which was struggling to retain, and attract, youngsters in the aging nation.
Taiwan Semiconductor Manufacturing Co.’s new factory in Kumamoto Prefecture. New chipmaking plants in Japan are raising questions about securing workers and adequate water supplies.
BUSINESS / Tech
Dec 19, 2023

Kumamoto and Hokkaido face common tasks of securing water and talent

With ambitious projects advancing, the two prefectural governments forged an agreement in August, aiming to facilitate exchanges of information.
Sareee holds Konami by the limbs during a Sukeban event in Miami on Dec. 6. A unique form of Japanese wrestling that mixes fashion and theatrics has arrived in the United States.
MORE SPORTS
Dec 14, 2023

Can Sukeban make Japan-style female wrestling fashionable with Americans?

In Japanese women’s wrestling, athletes perform theatrical, hard-hitting punches and clever defenses while telling a story with their moves and costumes.
Israeli soldiers light candles to mark the Jewish holiday of Hanukkah near the country's border with the Gaza Strip on Wednesday.
WORLD / Politics
Dec 14, 2023

Israelis want Hamas crushed despite Gaza casualties and U.N. rebuke

They consider the ongoing offensive — and the "terrible" cost that comes with it — as necessary in wiping out an existential threat, polls indicate.
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.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’