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A carbon removal plant. Direct air capture and other technologies delivered less than 320,000 tons of carbon removal credits last year.
BUSINESS / Tech
May 2, 2025

Why investors are souring on this once red-hot climate tech

Venture capital funding of U.S.-based startups developing direct air capture (DAC) was down more than 60% in the first three months of 2025.
Donald Trump’s trade war and the dollar’s volatility are prompting Asia’s wealthy to reassess where they park their money, with Hong Kong and Singapore competing for capital as the U.S. loses its appeal as a financial haven.
COMMENTARY / World
May 2, 2025

Trump’s trade war shakes dollar’s haven status, opens door for Asian financial hubs

Trump’s trade policies, even if substantially reversed, have sent a loud message to the Asian affluent classes.
A local resident takes his belongings out of a damaged residential building after a drone attack in Zaporizhzhia, Ukraine, on Friday.
WORLD / Politics
May 3, 2025

Trump team has prepped options to pressure Russia to end war

People familiar with the matter cautioned that Trump has made no decision yet as diplomatic efforts were ongoing.
Myaku-Myaku, the mascot of the 2025 Osaka Expo. Some people in the Japanese government are hoping that U.S. President Donald Trump will visit Japan to see the expo.
JAPAN
May 3, 2025

Trump visit to Osaka Expo likely to depend on tariff talks

A visit could provide a tailwind to Prime Minister Shigeru Ishiba's ruling coalition ahead of this summer's Upper House election, observers said.
Prime Minister Shigeru Ishiba has been a staunch advocate for constitutional reform.
JAPAN / Politics
May 3, 2025

Despite shifts in Japan's political landscape, constitutional revision still far off

Weak political leadership, traditional sensitivity around the issue, and new policy priorities have forestalled a larger debate over the Constitution.
Former labor minister Kim Moon-soo arrives at the People Power Party's national convention in Goyang, South Korea, on Saturday.
ASIA PACIFIC / Politics
May 3, 2025

South Korea's conservatives pick hard-liner Kim Moon-soo as presidential candidate

Kim, 73, was a labor activist in his university days but later became a hard-line conservative.
Princess Aiko speaks at the opening ceremony of the 23rd meeting of the World Association for Disaster and Emergency Medicine in Tokyo on Saturday.
JAPAN
May 3, 2025

Princess Aiko delivers first official address

The princess spoke at the opening ceremony of the 23rd meeting of the World Association for Disaster and Emergency Medicine in Tokyo.

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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