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In a boon to Saudi Arabia's government, which is seeking to fund a massive economic transformation plan, Saudi Aramco’s $12 billion share sale sold out shortly after the deal opened on Sunday.
BUSINESS / Markets
Jun 3, 2024

Saudi Aramco’s $12 billion stock offer sells out in hours

The extent of foreign participation will be closely watched as an indicator of interest in Saudi Arabia's assets.
South Korean President Yoon Suk-yeol speaks during a trilateral summit with Japanese Prime Minister Fumio Kishida and Chinese Premier Li Qiang during their meeting at the Blue House in Seoul on May 27.
ASIA PACIFIC / Politics
Jun 3, 2024

South Korea to explore vast oil and gas prospects off east coast, Yoon says

The 500 billion won ($363 million) drilling project is slated to begin towards the end of the year, aiming for results by mid-next year.
The U.S. flag is magnified in Federal Reserve Bank Chair Jerome Powell's glasses during a news conference on May 1 in Washington. In his first term as U.S. president, Donald Trump broke with decades of precedent by openly attacking Powell, first for raising interest rates and then for not cutting them further.
BUSINESS / Economy
Jun 3, 2024

Traders and economists see Trump win as risk to Fed autonomy, survey shows

A push to roll back the central bank’s independence would likely rock financial markets, undermine investors’ faith and expose it to political pressure to cut interest rates.
British opposition leader Keir Starmer speaks at a Welsh Labour general election campaign event in Abergavenny, Wales, Britain, on Thursday.
WORLD / Politics
Jun 3, 2024

Starmer campaigns on U.K. security ahead of key debate with Sunak

The Labour Party head is trying to win the election by campaigning on the political center ground, and by showing how the party has shifted since its historic 2019 defeat.
An earthquake-damaged area in Suzu, Ishikawa Prefecture, in May 2023. The Noto Peninsula has been experiencing an ongoing “seismic swarm” since late 2020.
ENVIRONMENT / Earth science / OUR PLANET
Jun 3, 2024

How rain and snow play a role in Noto’s ‘seismic swarm’

The seismic activity in the region is synchronized with changes in underground pressure, which is influenced by seasonal patterns of precipitation.
A woman cycles past the Beijing Stock Exchange building on Feb. 8.
BUSINESS / Markets
Jun 3, 2024

Red tape clogs China's offshore IPO pipeline even as markets recover

China company executives and their investors said they expect the offshore IPO drought to continue this year, weighing on firms' ability to raise capital in a slowing economy.
Hyappu Ishikawa (left) attends to children at the "Karafuru" Japanese language school in Nishio, Aichi Prefecture, in April.
JAPAN
Jun 3, 2024

How one Japanese city supports foreign students through community education

In the city of Nishio, public and private sectors collaborate with schools to support foreign students in Japanese language education and raise their school enrollment rates.
A North Korean soldier is seen at a guard post inside the country in this picture taken from Paju, South Korea, near the Demilitarized Zone separating the two Koreas in June 2020.
ASIA PACIFIC / Politics
Jun 3, 2024

Seoul to suspend inter-Korean military pact with Pyongyang over balloons

South Korea said the halt will last "until mutual trust between the two Koreas is restored,” after the North sent trash-filled balloons across the border over the last week.
An ambulance bearing a message calling for the appropriate use of ambulance services enters Matsusaka Municipal Hospital in Matsusaka, Mie Prefecture.
JAPAN / Society / Regional voices: Chubu
Jun 10, 2024

City in Mie Prefecture starts charging some ambulance-borne patients

Matsusaka is targeting patients taken to any of its three core hospitals by ambulance but who are assessed as not needing hospitalization.
Senior ruling and opposition lawmakers on the Lower House political reform committee decide Monday that the bill will be voted on in parliament the following day.
JAPAN / Politics
Jun 3, 2024

Lower House vote on political funds law revision agreed

Movement on the vote follows a deal between the Liberal Democratic Party, Komeito and Nippon Ishin no Kai on the content of the bill.
The National Stadium was used as the main venue for the Tokyo Olympics and Paralympics held in 2021.
JAPAN
Jun 3, 2024

NTT Docomo-led group may operate Japan's National Stadium

The consortium also includes the J. League, general contractor Maeda and SMFL Mirai Partners.
The Iranian flag flutters in front of the International Atomic Energy Agency (IAEA) headquarters in Vienna, Austria, on June 5, 2023.
WORLD / Politics
Jun 4, 2024

Draft IAEA resolution presses Iran on particles and inspectors

The new text calls on Iran to cooperate without delay, including by letting the International Atomic Energy Agency take samples if it needs to.
Fans cheer after Japan's men's volleyball team qualified for the Paris Olympics on Oct. 7 at Yoyogi National Gymnasium in Tokyo.
MORE SPORTS / Volleyball
Jun 4, 2024

Japanese volleyball’s fastest growing fan base — female superfans

More than 80% of the fans at men’s domestic competitions are said to be women in their 20s, 30s and 40s.
French forward Kylian Mbappe waits for the arrival of the French president at the team's training camp ahead of the UEFA Euro 2024 tournament, in Clairefontaine-en-Yvelines, France, on Monday.
SOCCER
Jun 4, 2024

'Superstar' Mbappe makes 'dream' move to Real Madrid

The player is set to earn €35 million a season, according to reports in Spain.
Support staff dispatched by power firms work to restore electrical equipment in an area hit by the Noto Peninsula earthquake in Ishikawa Prefecture.
JAPAN / FOCUS
Jun 4, 2024

Major Japan power firms boost cooperation on disaster response

The electric power sector has established a framework to streamline the dispatch of support personnel and facilitate mutual aid to cover restoration expenses.
Nadezhda Sokolova competes against Elizaveta Smirnova in the 50kg women's final at the Russian Pre-Olympic Freestyle Wrestling Championship at the Live Arena venue outside Moscow on May 1.
OLYMPICS
Jun 4, 2024

Russian wrestlers set on competing in Paris Olympics

The Games have been racked by Ukraine-related controversy in the buildup to their July 26 start.
A hydrogen storage tank and loading system at a liquefied hydrogen receiving terminal in Kobe. Japan and the European Union have agreed to work together on policies related to clean hydrogen.
ENVIRONMENT / Energy
Jun 4, 2024

Japan and EU agree to work on creating hydrogen demand and supply

Tokyo sees hydrogen as a new and cleaner source to gradually substitute liquefied natural gas, part of Japan's path to carbon neutrality by 2050.
A Boeing 777-300ER aircraft operated by Singapore Airlines at Suvarnabhumi Airport in Bangkok on May 22
BUSINESS
Jun 4, 2024

Killer turbulence sees more airlines embrace data-driven mindset

Turbulence Aware was launched by IATA in 2018 to help airlines mitigate the impact of turbulence, the No. 1 cause of passenger and crew injuries in the air.
The U.S. Federal Trade Commission, which polices deceptive advertising practices, saw a jump in complaints over the past year about ads that either used AI or claimed to use it to lure people into scams.
COMMENTARY / World
Jun 4, 2024

AI scam complaints are just the tip of the iceberg

The U.S. FTC, which polices deceptive advertising practices, saw a jump in complaints over the past year about ads using AI to lure people into scams.
A new report by international campaign group Global Witness alleges that TikTok approved adverts containing political disinformation ahead of European polls.
WORLD / Politics
Jun 4, 2024

TikTok fails 'disinformation test' before EU vote, study shows

The Chinese ByteDance-owned app said its systems correctly identified the breach, but the ads were approved due to "human error" by a moderator.
"Paris" is projected onto the Arc de Triomphe to celebrate the entry into the Olympic year, during the New Year's celebrations on the Champs Elysees avenue in Paris on Jan. 1, 2024.
WORLD / Politics
Jun 4, 2024

Russian bots use fake Tom Cruise for Olympic disinformation

The video also included falsified endorsements from media outlets including The New York Times and the BBC.
The draft of this year's long-term economic policy road map says consumption is stalling even though Japan's economy is continuing to recover moderately.
BUSINESS
Jun 4, 2024

Draft economic policy road map warns of weak yen's impact on households

The reference to the weak yen's impact will likely keep the Bank of Japan under pressure to raise interest rates or slow its huge bond buying.
Donald Trump holds a rally in the South Bronx on May 23.
WORLD / Politics
Jun 4, 2024

'Enemy within': Trump rhetoric rings alarm bells

During his first term Trump regularly railed at the media as the "enemy of the people," but his sweep now seems wider and more indiscriminate.
Finance Minister Shunichi Suzuki has officially acknowledged that the government had intervened in the market to prop up the yen.
BUSINESS / Economy
Jun 4, 2024

Japan's yen intervention was effective to an extent, finance minister says

Figures disclosed by the Finance Ministry on Friday indicated that it spent ¥9.8 trillion combined to prop up the yen on April 29 and May 1, a record amount.
Visitors take pictures in a booth showing photographs before a rally to commemorate the 35th anniversary of Beijing's Tiananmen Square crackdowns, at the Library Square in Taipei on Tuesday.
ASIA PACIFIC / Politics
Jun 4, 2024

35 years on, Tiananmen memory eroded by Chinese censorship and Sino-U.S. rivalry

While commemorations of the crackdown are effectively banned in mainland China and in Hong Kong, events were being held in Taiwan and other locations.
U.S. Defense Secretary Lloyd Austin (left) listens as Cambodia's former Prime Minister Hun Sen speaks during a meeting in Phnom Penh on Tuesday.
WORLD / Politics
Jun 4, 2024

U.S. defense chief visits Cambodia to boost ties with China ally

Washington is concerned that a Cambodian naval base that is being upgraded by Beijing might be used to boost the Asian giant's influence in the Gulf of Thailand.
Machida Zelvia's Yu Hirakawa (center) is challenged by Albirex Niigata's Yuto Horigome during the two teams' J. League clash at Machida Gion Stadium in Machida, Tokyo, on Saturday.
SOCCER / J. League
Jun 4, 2024

From nonleague to top of the league for upstarts Machida

The team from Tokyo's suburbs tops the table approaching the halfway point of the season.
Sebastien Delogu, deputy for La France Insoumise (LFI) party speaks at a pro-Palestinian protest in central Paris on May 29.
WORLD / Politics
Jun 4, 2024

Gaza war rattles European politics from the left

The rise of radical positions on both the left and right will have widespread affects on the political landscape, observers say.
Protesters and militia fighters carry the logo of the U.S. Embassy during a protest to condemn airstrikes on bases belonging to Hashd al-Shaabi (paramilitary forces), in Baghdad on Dec. 31, 2019.
WORLD / Politics
Jun 4, 2024

Iran's allies in Iraq are firing at Israel. What if they draw blood?

Though experts do not see the attacks as posing the same level of threat to Israel as Hamas and Hezbollah strikes, they have increased in number and sophistication.
President of the French far-right National Rally (Rassemblement National-RN) party Jordan Bardella and Marine Le Pen, parliamentary party leader of the French far-right National Rally, attend a political rally to launch the party's campaign for the European elections, in Marseille, France, on March 3.
WORLD
Jun 4, 2024

A surging hard right stumbles over its own divisions

Immigration is an issue that has laid bare the contradictions for nationalist parties of trying to forge an international alliance.

Longform

"Shake hands with Lima-chan," a statue that shares the name of the Peruvian capital looks in the direction of Peru, where a sister statue, "Sakura-chan," is located. Erected in Yokohama's Rinko Park in 1999, it commemorates Peruvian-Japanese friendship.
The journey of Peru’s Nikkei: Finding identity in Japan