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Fed Chair Jerome Powell said that at this point, it isn't clear if the economy will continue its steady pace of growth, or wilt under mounting uncertainty and a possible coming spike in inflation.
BUSINESS / Economy
May 8, 2025

Fed sees rising risks to economy as it leaves rates unchanged

With so much uncertainty over Trump's tariff moves, Fed Chair Jerome Powell said "It's really not at all clear what it is we should do."
A makeshift tent camp near a railway track, following a strong earthquake in Amarapura township, Myanmar, on April 4
ASIA PACIFIC / Politics
May 8, 2025

Health care crisis follows Myanmar quake as junta drives medics underground

After medics took a prominent role in the anti-junta movement that emerged after the coup, the military administration has sought to root out opponents to its rule.
Alpine's Flavio Briatore (right) and Jack Doohan are seen before qualifying at the Miami Grand Prix on Saturday.
MORE SPORTS / Auto Racing
May 8, 2025

Alpine dealing with major shakeup as winds of change blow again

Pierre Gasly is now working with his fourth team boss at the Enstone factory.
SusHi Tech Tokyo 2025 was bustling with participants of various nationalities Thursday, and multiple languages could be heard around the room as many engaged in conversations throughout the day.
BUSINESS / Tech
May 8, 2025

SusHi Tech Tokyo 2025 expands to become one of Asia's largest startup events

This year, the conference — focused on sustainable cities and high technology — feels bigger and more global.
Bill Gates, who pledged on Thursday to give away almost his entire personal wealth in the next two decades and said the world's poorest would receive some $200 billion via his foundation, during an interview in New York City, on Thursday
BUSINESS
May 9, 2025

Bill Gates says Musk is 'killing' world's poorest children by cutting aid

Bill Gates has pledged to give away $200 billion via his charitable foundation by 2045.
After not seeing each other for eight years, Kana (Yuuka Nakao, left) reluctantly agrees to look after her ailing grandmother (Naoko Ken) and eventually finds ways to have fun and bond with her in “Wash Away.”
CULTURE / Film
May 9, 2025

‘Wash Away’ brightens dementia drama with sudsy spin

Ikunosuke Okazaki’s comic yet tender film about a young woman looking after her ailing grandmother offers a positive look at caregiving for the ailing elderly.
A deceased family patriarch and his grandson (Ginjiro Nishimoto, left) switch bodies in “My Edison.”
CULTURE / Film
May 9, 2025

‘My Edison’: Family-made sci-fi comedy is a real charmer

Gaku Kawasaki’s feel-good indie flick with a touch of “Freaky Friday” is a heartfelt reminder that it’s never too late to live out your dreams.
Toyota vehicles bound for shipment at the Port of Nagoya. Japan’s 3-year-old corporate governance campaign has more room to grow and unlock value in Japan’s industrial heartland of Aichi Prefecture.
BUSINESS / Companies
May 9, 2025

Japan’s corporate governance wave reaches the industrial heartland in Nagoya

The city of Nagoya and the area around it are home to manufacturing giants including Toyota and Toyota group auto parts maker Denso.
Chinese President Xi Jinping attends a meeting with Russian President Vladimir Putin at the Kremlin in Moscow on Thursday.
WORLD / Politics
May 9, 2025

China can play hardball at looming trade talks with U.S., analysts say

After weeks of tit-for-tat escalation that sent global markets into a tailspin, the two powers will meet this weekend for a chance to break the ice.
The Tokyo District Court on Friday handed suspended prison sentences to Keito Hosomichi, 27, and his 58-year-old father, Masato, after finding them guilty of violating the Financial Instruments and Exchange Act.
JAPAN / Crime & Legal
May 9, 2025

Former Tokyo Stock Exchange employee and father convicted of insider trading

Keito Hosomichi, 27, passed along confidential corporate information to his father, who then profited by investing in the shares of three companies.
U.S. President Donald Trump speaks to reporters during the announcement of a trade agreement with Britain in the Oval Office of the White House in Washington, on Thursday.
BUSINESS / Economy / ANALYSIS
May 10, 2025

China and the U.S. to talk trade war ceasefire — not peace

Ahead of the meeting, the two sides seem much further apart and at greater risk of a major fallout than during their first trade war in Trump's previous term.
Stephen Miller, deputy White House chief of staff for policy, speaks to members of the media outside the White House in Washington on Friday.
WORLD / Politics
May 10, 2025

Trump administration 'looking at' suspending right to court challenge for detainees

A top White House official said the administration is looking at suspending habeas corpus as part of U.S. President Donald Trump's immigration crackdown.
Russian President Vladimir Putin meets with North Korean servicemen on Red Square after the Victory Day military parade in central Moscow on Friday.
WORLD / Politics
May 10, 2025

Putin hails troops in Ukraine as allies attend WWII parade

President Vladimir Putin vowed on Friday that Russia would win in Ukraine as the Soviet Union had in World War II.
Iranian missiles are displayed at the Islamic Revolutionary Guard Corps Aerospace Force Museum in Tehran in November.
WORLD
May 10, 2025

Iran to send Russia launchers for short-range missiles

The delivery of the Fath-360 launchers — if it occurs — would help support Russia's war in Ukraine and reaffirm deepening security ties with Iran.
U.S. Treasury Secretary Scott Bessent leaves his hotel for a meeting with Chinese officials on tariffs in Geneva on Saturday.
BUSINESS / Economy
May 10, 2025

U.S. and China begin talks in bid to 'de-escalate' trade war

The talks were the first between the world's two largest economies since U.S. President Donald Trump slapped steep new levies on China last month.
U.S. Treasury Secretary Scott Bessent takes questions at the White House on April 29. Bessent, a former hedge fund manager, is leading trade talks with China in Geneva.
BUSINESS / Economy
May 11, 2025

U.S. and China conclude first day of talks in bid to ease trade war

U.S. President Donald Trump said negotiators had "a very good meeting” on their first day of an effort to deescalate the rivals' trade war.
Russian President Vladimir Putin gives a statement to the media in Moscow on Sunday.
WORLD / Politics
May 11, 2025

Putin proposes direct peace talks with Ukraine after three years of war

Moscow sent thousands of troops into Ukraine in February 2022, triggering the gravest confrontation between Russia and the West since the 1962 Cuban Missile Crisis.
Prime Minister Shigeru Ishiba speaks during a Lower House committee meeting on Friday.
BUSINESS / Economy
May 11, 2025

Ishiba vows Japan will stand its ground, demanding U.S. lift auto tariffs

The U.S. is an important market for the Japanese automobile industry, accounting for about 20% of its total car exports in terms of volume and about 30% in terms of value.
The flags of the U.S. and Iran hang on the road leading to the Muscat International Book fair in Oman on April 25.
WORLD / Politics
May 11, 2025

Iran and U.S. to resume nuclear talks amid clashing red lines

Though Tehran and Washington both have said they prefer diplomacy to resolve the decadeslong dispute, they remain deeply divided on several red lines.
U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer address the media after trade talks with China in Geneva on Sunday.
BUSINESS / Economy
May 12, 2025

U.S. and China cite ‘substantial progress’ in Geneva trade talks

U.S. negotiators described "substantial progress" and also said details would be announced Monday.
Barcelona's Lamine Yamal takes a shot during his team's match against Real Madrid in Barcelona, Spain, on Sunday.
SOCCER
May 12, 2025

Barcelona stages thrilling rally to top Real Madrid and move to brink of title

Barcelona battled back to claim a fourth "clasico" victory from four meetings this season, showing its dominance over Carlo Ancelotti's side.
South Korean 50,000 won banknotes are prepared at the Bank of Korea headquarters ahead of the Lunar New Year in Seoul on Jan. 14.
BUSINESS / Markets
May 12, 2025

Seeking emerging currency bargains, investors take fresh look at Asia

Asian currencies are finding their cheapness has become an asset as traders seek to capitalize on the dollar’s eroding premium status.
People stand in front of a big screen displaying the Nikkei share average outside a brokerage in Tokyo late last month.
BUSINESS / Markets
May 12, 2025

Japan’s Topix extends rally to 12th day as tariff worries ease

The Topix closed 0.3% higher at 2742.08, giving it its longest winning streak since 2017.
Thunder guard Aaron Wiggins reacts after a basket against the Nuggets during Game 4 of their Western Conference semifinal series in Denver on Sunday.
BASKETBALL / NBA
May 12, 2025

Thunder earn ugly win over Nuggets to even series at 2-2

Shai Gilgeous-Alexander scored 25 points with six rebounds and six assists.
Dalton Investments is demanding Fuji Media Holdings change its board members, spin off its real estate business, unwind cross shareholdings and push through corporate governance reform.
BUSINESS / Companies
May 12, 2025

Dalton Investments seeks talks with Fuji Media to avoid proxy fight

The activist investor wants the Japanese broadcaster to change its board members and spin off its real estate business, among other things.
A branch of SMBC Nikko Securities, a unit of Sumitomo Mitsui Financial Group, in Tokyo
BUSINESS
May 12, 2025

Japan’s megabanks to remain buoyed by BOJ’s long game to hike rates

The central bank stood pat earlier this month after a cycle of rate hikes since March 2024 and halving its economic growth outlook to 0.5% for this fiscal year.
Sheffield United players celebrate the team's second goal against Bristol City in Bristol, England, on Monday.
SOCCER
May 13, 2025

Wilder backs Blades to end playoff curse

Sheffield United will face Sunderland or Coventry in the final at Wembley on May 24.
Indian Prime Minister Narendra Modi addressing the nation following a truce with Pakistan, via video conferencing in New Delhi on Monday.
ASIA PACIFIC / Politics
May 13, 2025

Modi calls India's reaction ‘new normal’ in Pakistan relations

The two countries have been involved in tit-for-tat military strikes after gunmen killed 26 civilians in India’s Jammu and Kashmir region in April.
A bulk carrier arrives at the Port of Los Angeles on April 28.
BUSINESS / Markets
May 13, 2025

China tariff relief spurs shipping rush and price hike U-turns

The temporary tariff relief means that U.S. companies will try to quickly ship out products that were being held in factory warehouses in China.
Shoichi Kojima holding a cheesecake made with funazushi on May 6 in the city of Hikone, Shiga Prefecture
JAPAN
May 13, 2025

Shiga chef turns stinky sushi into cheesecake

Girasole, a restaurant in the city of Hikone, has been serving the funazushi-derived Basque-style cheesecake since April 2021.

Longform

In 2020, 38% of all households were single-person. That figure is projected to rise to 44.3% by 2050.
The rise of AI companionship in a lonely Japan