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U.S. President Donald Trump says U.S. Steel will be "controlled by the United States, otherwise I wouldn’t make the deal” on what he called a "partnership" with Nippon Steel.
BUSINESS / Companies
May 26, 2025

Trump backing for Nippon Steel deal comes with big questions

The U.S. leader's unexpected announcement stopped short of explicitly endorsing Nippon Steel’s proposed takeover, instead asserting that U.S. Steel would "remain American.”
Members of the Okinawa Prefectural Police and the U.S. military conduct a joint patrol in the city of Okinawa in April. Prefectural police arrested a U.S. Marine for an alleged hit-and-run case on Sunday.
JAPAN / Crime & Legal
May 26, 2025

U.S. Marine arrested for Okinawa hit-and-run that injured four

Lance Cpl. Ivan Garcia-Martinez’s breathalyzer test showed an alcohol level approximately twice the legal limit, police said.
Prime Minister Pham Minh Chinh (second from left), the businessman Dang Thanh Tam, (third from left), and Eric and Lara Trump (center) attend a groundbreaking ceremony for a new Trump hotel and golf course in the Hung Yen Province of Vietnam on May 21.
ASIA PACIFIC / Politics
May 26, 2025

Why Vietnam ignored its own laws to fast-track a Trump family golf complex

Hanoi faces intense pressure to strike a trade deal that would head off Trump’s threat of steep tariffs, which would hit about 30% of Vietnam’s exports.
Tsuruha shareholders approved a merger plan with Welcia, which will result in an effective acquisition by supermarket chain Aeon.
BUSINESS
May 26, 2025

Tsuruha shareholders approve future merger with rival drugstore Welcia

Tsuruha, based in Sapporo, has announced it will integrate its operations with Welcia, the biggest force within the Japanese pharmacy industry, in December.
A United States Steel plant in River Rouge, Michigan. The guessing game continues as to what a "partnership" between Nippon Steel and U.S. Steel, as announced by U.S. President Donald Trump, actually entails.
BUSINESS / Companies
May 26, 2025

Even Nippon Steel is unsure about what a ‘partnership’ with U.S. Steel means

U.S. President Donald Trump's plan for the steelmakers has left the markets guessing and the participants keen to remain mum.
Members of the Iranian delegation leave the Omani Embassy, where the fifth round of U.S.-Iran talks took place, in Rome on Friday.
WORLD
May 26, 2025

Iran rejects push to suspend uranium enrichment to reach U.S. deal

The issue of enrichment has come into focus in recent weeks, with Iran staunchly defending its right to enrich uranium as part of what it says is a civilian nuclear program.
New buyers are entering the market for Japanese government bonds and amplifying volatility, said Dai-ichi Life CEO Tetsuya Kikuta in an interview.
BUSINESS / Companies
May 27, 2025

Dai-Ichi Life sees falling volatility in JGB market

New buyers are entering the market for Japanese government bonds and amplifying volatility, Chief Executive Officer Tetsuya Kikuta said in an interview.
Bank of Japan Gov. Kazuo Ueda speaks during a conference hosted by the bank's Institute for Monetary and Economic Studies in Tokyo on Tuesday. Ueda gave the yen a boost by clearly indicating his intention to continue raising the benchmark interest rate if the economy improves as expected.
BUSINESS / Economy
May 27, 2025

Yen rises as Ueda indicates BOJ is still eyeing more rate hikes

The yen rose as high as 142.12 against the dollar immediately after Ueda's remarks.
The Kartini Nuclear Reactor research facility in Yogyakarta, Indonesia. The nation is looking to turn to nuclear power to help meet growing energy demand.
ASIA PACIFIC / Science & Health / FOCUS
May 27, 2025

Indonesia eyes nuclear option in bid to grow energy and cut emissions

It aims to set up its first small modular reactor by 2032, but challenges including finding a suitable location and a lack of local expertise might present hurdles.
A member of Pakistan armed forces takes a selfie at the International Defense Exhibition and Seminar in Karachi in November.
ASIA PACIFIC / Politics / FOCUS
May 27, 2025

India and Pakistan's drone battles mark new arms race in Asia

The South Asian powers are now locked in a drones arms race, according to security officials, industry executives and analysts in both countries.
Farm minister Shinjiro Koizumi said at a news conference Tuesday that the ministry is planning to sign contracts with retailers that have applied by Wednesday for the no-bid procedure and hand them the stockpile rice as early as Thursday.
JAPAN
May 27, 2025

At least 33 retailers applied for no-bid contracts for rice, farm ministry says

The ministry is planning to sign contracts with retailers that have applied by Wednesday and hand them the stockpiled rice as early as Thursday.
An Israeli military vehicle is seen near the border between the Israeli-occupied Golan Heights and Syria on May 4.
WORLD / Politics
May 28, 2025

Syria and Israel in direct talks focused on security, sources say

The contacts mark a significant development in ties between states that have been on opposite sides of conflict in the Middle East for decades.
A Liverpool football club scarf lies on the ground at the scene of an incident where a car plowed into a crowd of Liverpool fans during a parade celebrating their side's Premier League soccer title, in central Liverpool, Britain, on Tuesday.
WORLD / Crime & Legal
May 28, 2025

Man arrested on suspicion of attempted murder after Liverpool parade crash

British police believe the incident, in a packed Liverpool city center on Monday, was isolated and not an act of terrorism.
Peter Mandelson, British Ambassador to the U.S.
WORLD
May 28, 2025

U.K. envoy urges trans-Atlantic tech alliance, citing China threat

Ambassador Peter Mandelson warned of the consequences if China continues to get ahead in AI and other key technologies.
A worker produces a turbine engine component at PBS Group, in Velka Bites, Czech Republic, on May 6.
BUSINESS / Companies
May 28, 2025

Booming business has Europe's defense companies scrambling for workers

Arms makers are hiking wages and benefits, and even poaching from other sectors, as governments ramp up defense spending.
Onosato celebrates winning the Summer Grand Sumo Tournament at the Ryogoku Kokugikan in Tokyo on Sunday.
SUMO / Inside Sumo
May 28, 2025

Historic rise to yokozuna just the beginning for Onosato

There is a good argument to be made that Onosato is already the most widely decorated wrestler in sumo history.
French President Emmanuel Macron speaks during a news conference with Indonesian President Prabowo Subianto at Merdeka Palace in Jakarta on Wednesday.
WORLD / Politics
May 28, 2025

Macron weighs recognition of Palestinian state as Gaza toll mounts

French officials are considering the move ahead of a United Nations conference France and Saudi Arabia are co-hosting from June 17 to 20.
Workers ride motorbikes into Weda Bay Industrial Park (WBIP), a major nickel processing and smelting hub, in Lelilef Sawai, Central Halmahera, North Maluku, Indonesia, on April 18.
ENVIRONMENT
May 28, 2025

Nickel rush for stainless steel guts Indonesia tribe's forest home

The plight of the Indigenous people there started gaining attention last year after a video online showed emaciated members emerging from their homes to beg for food.
Despite the stereotypes, Japan is one of the most permissive places for non-residents to buy property.
COMMENTARY
May 27, 2025

It’s too easy for foreigners to buy Japanese property

Foreign buyers are driving up Tokyo housing prices amid Japan’s lack of property restrictions, sparking calls for tighter rules to protect residents and limit speculation.
Yonaguni Island in Okinawa Prefecture. China has removed its last buoy from Japanese economic waters near the island.
JAPAN
May 29, 2025

Tokyo says China has removed its last buoy from Japan's economic waters

Japanese media said this could signal an intention by Beijing to improve strained ties with Tokyo.
U.S. President Donald Trump delivers remarks on tariffs at the White House in April.
BUSINESS / Economy
May 30, 2025

Trump's tariffs to remain in effect after appeals court grants stay

The move comes a day after a trade court had ruled Trump had exceeded his authority in imposing the duties and ordered an immediate block on them.
Shipping containers from China at the Port of Los Angeles, in San Pedro, California.
BUSINESS / Economy / ANALYSIS
May 30, 2025

Trump's tariff tally: $34 billion and counting, global companies say

Many companies said the erratic nature of U.S. President Donald Trump's trade policies has made it impossible to accurately estimate costs.
Smoke billows in the Gaza Strip on Thursday.
WORLD / Politics
May 30, 2025

U.S. says Israel accepts Gaza ceasefire plan; Hamas cool to it

A senior Hamas official says the plan does not contain commitments to end the war, withdraw Israeli troops or admit aid as the group has demanded.
Tokyo’s consumer price index that serves as a leading indicator for national inflation trends posted in May the biggest year-on-year rise since January 2023.
BUSINESS / Economy
May 30, 2025

Tokyo prices rising most in two years keeps BOJ on hike path

The food price gains are a worrisome sign for Prime Minister Shigeru Ishiba ahead of a summer election expected to be held by July.
Akie Abe (right), the widow of assassinated former Prime Minister Shinzo Abe, meets with Russian President Vladimir Putin in Moscow on Thursday.
JAPAN / Politics
May 30, 2025

Putin praises Abe, saying the late prime minister wanted a peace treaty

No treaty was ever signed between the two countries as they could not resolve a dispute over what is known in Japan as the Northern Territories.
The United Nations is preparing to cut about 6,900 jobs, according to an internal memo.
WORLD
May 30, 2025

U.N. eyes budget and job cuts for 2026 as U.S. scales back aid

The U.N. Secretariat is preparing to cut its $3.7 billion budget by 20% and slash about 6,900 jobs, according to an internal memo.
Nippon Yusen, Japan's biggest shipper, believes there will probably not be another decline in bookings impacted by U.S. tariffs this year.
BUSINESS / Companies
May 30, 2025

Top Japan shipper sees orders recovering as trade tensions ease

Nippon Yusen saw a robust recovery in container shipping orders following an easing in tensions between the United States and some of its trading partners this month.
Knicks center Karl-Anthony Towns dunks during his team's win over the Pacers in Game 5 of the Eastern Conference finals in New York on Wednesday.
BASKETBALL / NBA
May 30, 2025

Knicks rout Pacers to keep season alive and force Game 6

Jalen Brunson and Karl-Anthony Towns combined for 56 points in New York's win.
Japan’s biggest life insurers collectively lowered bullish yen wagers tied to their foreign investment holdings, a move that suggests they see a lower likelihood of the yen showing the kind of strength it did in the past.
BUSINESS / Markets
May 30, 2025

Japanese life insurers cut bullish yen hedges to 14-year low

Nine of Japan’s biggest life insurers collectively lowered bullish yen wagers tied to their foreign investment holdings to 44.4% at the end of March from 45.2% six months earlier.
Stockpiled rice arrives Thursday at a rice-milling factory operated by a subsidiary of household appliance company Iris Ohyama in the town of Watari, Miyagi Prefecture.
JAPAN / Politics
May 30, 2025

Some retailers hesitant to buy stockpiled rice on quality concerns

Smaller shops in Japan are worried that older batches might not taste as good, which could cause customers to take their business elsewhere.

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