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Toyota Customizing & Development, a Toyota subsidiary, broke the subcontract payment law, the Fair Trade Commission said.
BUSINESS / Companies
Jul 5, 2024

Toyota unit violated subcontractor protection law: regulator

Yokohama-based Toyota Customizing & Development broke the law by having dozens of suppliers store metal die casts and other items without paying any storage fees.
New British Prime Minister Keir Starmer addresses the nation on Friday in London.
ENVIRONMENT / Energy
Jul 5, 2024

U.K.’s election is a rare win against anti-climate campaigns

Keir Starmer’s Labour has a manifesto that puts climate and clean energy front and center, unlike some parties in Europe and the U.S.
London's financial district in August 2023
BUSINESS
Jul 5, 2024

Labour win brings few hopes — or fears — to London's financial district

The Labour Party has assiduously courted the City of London, mindful that their plans for boosting economic growth will need a big dose of private capital.
A man walks out of the Bombay Stock Exchange building in Mumbai in February 2020.
BUSINESS / Markets
Jul 6, 2024

Chinese and Indian stocks favored over Japan in Asia’s second half

Several strategists and fund managers picked either China or India as their top bet in an informal survey while Japan was a distant third.
Japan has finally scrapped every regulation requiring the use of floppy disks for administrative purposes.
JAPAN
Jul 6, 2024

Japan finally phases out floppy disks

One of the world’s most technologically advanced nations has held on to some of the most outmoded devices.
A Ukrainian national flag is pictured in front of the NATO emblem, amid Russia's attack on Ukraine, in central Kyiv, in July last year.
WORLD / Politics
Jul 6, 2024

NATO allies at summit to unveil Ukraine 'bridge to membership'

A senior U.S. official described the plan as quite substantial, saying that it will include training coordination, logistics and force development.
An unarmed Minuteman III intercontinental ballistic missile is launched during an operational test at Vandenberg Air Force Base in California in August 2017. Surging costs for the U.S. Air Force's new Sentinel ICBM may further embolden arms control advocacy groups who argue that the Sentinel should be scrapped in favor of extending the life of Minuteman III missiles.
WORLD / Politics
Jul 6, 2024

Cost of U.S. Sentinel ICBM swells again to $214 million per missile

The program is now expected to cost taxpayers $141 billion, or 81% more than forecast four years ago.
Former U.S. President and Republican presidential candidate Donald Trump speaks during a campaign rally at the Historic Greenbrier Farms in Chesapeake, Virginia, on June 28.
WORLD / Politics
Jul 6, 2024

Trump distances bid from second-term agenda pushed by allies

Project 2025 is an effort proposing a sweeping shake-up of government and a slew of conservative policies if Trump defeats President Joe Biden in the November election.
Russian President Vladimir Putin and Hungarian Prime Minister Viktor Orban arrive to deliver a joint statement following their talks at the Kremlin in Moscow on Friday.
WORLD / Politics
Jul 6, 2024

Kyiv and allies slam Hungary's Orban for Ukraine talks with Putin

Hungary's six-month EU presidency gives the central European country sway over the bloc's agenda and priorities for the next six months.
Marine Le Pen gives a speech on the day of the first round of parliamentary elections in Henin-Beaumont, France, on June 30.
WORLD / Politics
Jul 6, 2024

Will Meloni and Le Pen be right-wing besties? It’s complicated.

People familiar with Meloni’s thinking say she is acutely conscious that, should Le Pen’s party prevail on July 7, they would be uneasy allies at best.
Tokyo Gov. Yuriko Koike celebrates her win on Sunday evening. Koike has become the fifth governor in Tokyo’s history to secure a third term in office.
JAPAN / Politics
Jul 7, 2024

Koike secures third term as Tokyo governor

Dark horse Shinji Ishimaru, the former mayor of the city of Akitakata in Hiroshima Prefecture, came in second behind Koike, with Renho in third.
England forward Bukayo Saka celebrates after scoring during the penalty shootout at the end of his team's win over Switzerland in the Euro 2024 quarterfinals.
SOCCER
Jul 7, 2024

England's savior Bukayo Saka finds Euros penalty redemption

Arsenal forward Saka was England's savior on Saturday, four years after a crucial miss against Italy.
A gyrotron, which is used to heat plasma for nuclear fusion reactions, developed by Kyoto Fusioneering
ENVIRONMENT / Energy / OUR PLANET
Jul 7, 2024

Kyoto Fusioneering looks toward a 'Made in Japan' approach for nuclear fusion

Although it recognizes that international collaboration is key, the startup sees the country playing an integral role in the fusion ecosystem.
Outgoing NATO Secretary-General Jens Stoltenberg addresses a meeting in Brussels last month.
WORLD / Politics
Jul 7, 2024

NATO turns 75 with Ukraine and future on line

Leaders will meet in Washington in the shadow of setbacks in Ukraine and electoral headwinds on both sides of the Atlantic.
One analyst argues that the billions of dollars flowing from Japan to the likes of Apple, Amazon and Microsoft might be more a positive than a negative in that more companies and individuals are using digital services.
BUSINESS / Economy
Jul 7, 2024

Japan’s digital deficit might be a good thing

The digital deficit indicates that digitalization has accelerated in the country, says Mitsubishi Research Institute researcher Kengo Wataya.
French far-right leader Marine Le Pen talks to journalists after partial results in the second round of the early French parliamentary elections, at the French far-right Rassemblement National (National Rally - RN) party venue in Paris on Sunday.
WORLD / Politics
Jul 8, 2024

Bubble bursts for France's far-right as voters bar it from power

Marine Le Pen's National Rally was on course to come in third, behind a left-wing alliance and President Emmanuel Macron's centrist bloc.
Tibetans participate in a protest march held to mark the 65th anniversary of the Tibetan uprising against Chinese rule, in the northern hill town of Dharamsala, India, on March 10.
ASIA PACIFIC / Politics
Jul 8, 2024

Exiled Tibetans fear a future without the Dalai Lama, now 89

The Dalai Lama has said he will clarify questions about succession — including if and where he will be reincarnated — around his 90th birthday.
Indian Prime Minister Narendra Modi (left) and Russian President Vladimir Putin attend a meeting on the sidelines of the Shanghai Cooperation Organization summit in Samarkand, Uzbekistan, on Sept. 16, 2022. This was the two leaders’ last meeting.
WORLD / Politics
Jul 8, 2024

Putin to host Modi after hailing ‘best in history’ ties with China

Diplomats say the Indian prime minister’s visit is meant to send a signal that both sides remain close despite Moscow’s deepening embrace of New Delhi’s rival, Beijing.
An Israeli soldier during a ground operations in the southern Gaza Strip on Wednesday
WORLD / Politics
Jul 8, 2024

Netanyahu says Gaza deal must let Israel resume fighting until war goals met

A plan introduced by U.S. President Joe Biden in May and mediated by Qatar and Egypt, aims to end the war and free around 120 Israeli hostages in Gaza.
The Chinese Communist Party's Central Committee typically meets seven times in its five-year tenure, with the third of these plenums being particularly important as it represents the first chance for the new leadership to properly introduce its broad thinking on economic and political issues.
BUSINESS / Markets
Jul 8, 2024

Why China’s third plenum matters for global investors

The typically once-in-five-years conclave of top officials usually deals with major economic and political policy changes.
Hungary's Prime Minister Viktor Orban (center right) talks to China's Vice Minister of Foreign Affairs and foreign ministry spokesperson Hua Chunying (third left) after arriving in Beijing.
WORLD / Politics
Jul 8, 2024

Hungary's prime minister is in Beijing on a 'peace mission 3.0'

Hungarian Prime Minister Viktor Orban's unannounced visit to China comes a day before NATO is due to hold a summit to mark its 75th anniversary.
Students eat their meals during the trial of a free-lunch program for students at a junior high school in Tangerang, on the outskirts of Jakarta, on Feb. 29.
ASIA PACIFIC / Politics
Jul 8, 2024

Prabowo's free-meal plan stirs investor fears about Indonesia's finances

Bond yields have risen and the rupiah has depreciated, though the currency weakness has largely been due to a resilient U.S. dollar.
President Emmanuel Macron’s centrist alliance won 163 seats in Sunday’s parliamentary runoff vote, though none of the political parties managed to secure an outright majority.
WORLD / Politics / ANALYSIS
Jul 8, 2024

France’s left wins big, but paralysis in parliament looms

Sunday's election results — the country's first-ever hung parliament — could put Paris on a path for months of political gridlock.
Rapidus, which aims to produce next-generation chips domestically, is building a factory in Hokkaido.
BUSINESS / Companies
Jul 8, 2024

Japanese banks gear up lending for chip-related industries

Lenders have set up specialized teams and are collaborating with regional rivals to aid sectors that might benefit from the emergence of chip factories.
A visitor prays for late former Prime Minister Shinzo Abe at a flower stand set up near the site of his shooting in the city of Nara, on Monday, the second anniversary of his death.
JAPAN / Crime & Legal
Jul 8, 2024

Ex-PM Abe remembered, two years after fatal shooting

In Tokyo, Prime Minister Fumio Kishida said that he would continue to carry on agendas pursued by Abe.
President Emmanuel Macron has gone from king to kingmaker of French politics after his bloc came second in the parliamentary election.
COMMENTARY / World
Jul 8, 2024

Gambler Macron wins chance to be kingmaker

Even as Macron breathes a sigh of relief after voters halted a far-right triumph, the left-leaning coalition the president will try to build faces a treacherous path.
Japanese troops during an amphibious landing exercise on Tokunoshima island, Kagoshima Prefecture. Japan is letting go of old assumptions about the reliability of the rules-based international order and is making efforts to boost its military capabilities.
COMMENTARY / Japan
Jul 8, 2024

As militaries are rebuilt, are we turning American?

Some countries stopped investing in their militaries and defense under the illusion that the rules-based order would prevail. Now, they're facing tough, new realities.
How policymakers have responded to past economic crises, such as the 2008-09 financial crisis and the COVID-19 pandemic, will shape their preparedness in dealing with future recessions. 
COMMENTARY / World
Jul 8, 2024

Policy lessons from recent economic crises

Eventually, the world will face another recession. How will policymakers use the lessons learned from the 2008-09 financial crisis and COVID-19 pandemic to respond?
French President Emmanuel Macron and French First Lady Brigitte Macron leave after voting in the second round of French parliamentary elections at a polling station in Le Touquet-Paris-Plage, France, on Sunday.
WORLD / Politics
Jul 9, 2024

France in limbo after Macron gamble deepens political deadlock

No political party wields an outright majority after the French election, and no obvious candidate for prime minister has emerged.
Serbia's Novak Djokovic in action during his fourth round match against Denmark's Holger Rune at Wimbledon in London on Monday
TENNIS
Jul 9, 2024

Djokovic blasts fans' 'disrespect' after reaching Wimbledon quarterfinal

"I respect true fans but if someone steps over the line I will react," the player said, following his clash with Holger Rune.

Longform

Bear attacks have dominated Japanese news headlines in recent months, with 13 people so far having been killed by the animals.
Japan’s bears have been on their killing spree for more than 100 years