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Fans celebrate BTS' 11th debut anniversary during 2024 FESTA, an event for fans of the K-pop boy band a day after band member Jin was discharged from the South Korean army after 18 months of military service, in Seoul on June 13.
BUSINESS
Jul 15, 2024

TikTok sees K-culture spend doubling to $143 billion by 2030

In the U.S. and Southeast Asia, research has found that about 80% of social media users have found Korean culture through TikTok.
Pedestrians in the Wangfujing shopping area in Beijing on July 11, 2024. China's economic growth in the second quarter was lower than forecast, adding pressure on Chinese leaders to lift confidence at the Chinese Communist Party's third plenum this week.
BUSINESS / Economy
Jul 15, 2024

China’s economic growth comes in worse than expected

Underwhelming data for the second quarter puts pressure on Chinese leader Xi Jinping to lift confidence at this week's twice-a-decade policy meeting.
An air conditioning unit being installed in Kotor, Montenegro, on June 22. Life almost stopped in Montenegro’s capital Podgorica earlier this summer, with cars and buses getting stuck in gridlock as traffic lights went out, the internet crashed and security alarms blared in reaction to a sudden loss of power supply.
ENVIRONMENT / Energy
Jul 15, 2024

The world’s power grids are failing as the planet warms

Hotter summers cause spikes in demand for cooling, but upgrades to power infrastructure haven’t kept pace with climate change.
Kansai International Airport in Izumisano, Osaka Prefecture. The upper limit on the number of takeoff and landing slots at the airport as well as Kobe Airport in Hyogo Prefecture will be raised in spring next year ahead of the 2025 World Exposition in Osaka.
BUSINESS / Companies
Jul 15, 2024

Kansai airports to increase takeoff and landing slots ahead of Osaka Expo

The increases at Kansai International Airport and Kobe Airport are to meet demand for air travel during the six-month event, which begins in mid-April 2025.
Ohio Senator JD Vance at Republican National Convention (RNC) in Milwaukee, Wisconsin, on Monday
WORLD / Politics
Jul 16, 2024

Trump taps Vance as running mate, picking populist protege

Sen. J.D. Vance’s selection saw Donald Trump bypass many of the senator’s own colleagues, including Tim Scott of South Carolina and Marco Rubio of Florida.
Cubs pitcher Shota Imanaga warms up ahead of a game against the Giants at Oracle Park in San Francisco on June 27.
BASEBALL / MLB
Jul 16, 2024

'Shotamania' in Chicago: Cubs' Imanaga quickly becomes fan favorite

Imanaga, who has been one of the National League's top pitchers, has seamlessly inserted himself into the Chicago sports scene.
Paris La Defense Arena will host swimming events during the 2024 Paris Olympics.
OLYMPICS / Swimming
Jul 16, 2024

World Aquatics to strengthen testing of Chinese swimmers at Games

The first aquatics events of the Paris Games are set to take place on July 27.
Participants in a "cross-mentoring" training session held by sports club operator Renaissance share their concerns with female executives from other companies who serve as role models.
JAPAN / FOCUS
Jul 16, 2024

Japan intensifies efforts to address gender pay gaps

According to the labor ministry, the average monthly wage for full-time female workers last year was ¥262,600, about 75% of the ¥350,900 earned by men.
A worker at Sakai Seisakusyo prepares to transport metal rods at its factory in Kakamigahara, Gifu Prefecture, on July 8.
BUSINESS / Companies / FOCUS
Jul 16, 2024

Japan finds a 'stealth' cure for zombie businesses: Let them fail

The shift in thinking is a clear departure for a country that has typically sought to avoid bankruptcies and protect existing jobs at the cost of productivity.
ASML's headquarters and factory in Veldhoven, Netherlands
WORLD
Jul 16, 2024

ASML-backed university is caught in the middle of U.S.-China chip war

The Netherlands is facing increasing pressure from Washington to stem Beijing’s chip-making efforts.
Tesla and X's billionaire CEO, Elon Musk, has pledged to donate $45 million a month to a pro-Donald Trump super political action committee.
WORLD / Politics
Jul 16, 2024

Elon Musk pledges $45 million a month to pro-Trump political group

Tesla CEO's planned cash infusion could help build Trump’s fundraising advantage over President Joe Biden, who has suffered from a donor revolt in recent weeks.
The Sadako and the Thousand Paper Cranes statue in Seattle's Peace Park. The statue was reported missing on Friday by the city government of Seattle.
JAPAN / Crime & Legal
Jul 16, 2024

Statue of A-bombed Japanese girl in Seattle stolen

The feet of the statue are the only remaining part of it after the theft, which was reported last Friday, according to The Seattle Times.
An AR-15 on display at the National Rifle Association convention in Houston, Texas, in May 2022
WORLD / Society
Jul 16, 2024

The AR-15: One of America's most popular and deadliest guns

The rifle has been a common denominator in some of the country's worst mass shootings.
The potential of AI in fighting climate change is immense. It can accelerate progress by redesigning industrial processes, optimizing transport systems, maximizing energy efficiency and significantly reducing emissions.
COMMENTARY / World
Jul 16, 2024

Embracing the AI-energy-climate nexus

AI's potential to fight climate change is immense. It can accelerate progress by redesigning industrial processes, maximizing energy efficiency and reducing emissions.
Secret Service agents cover former President Donald Trump immediately after an assassination attempt at a campaign rally in Butler, Pennsylvania, on Saturday. The incident highlights America's historical and ongoing political violence.
COMMENTARY / World
Jul 16, 2024

Trump’s shooting is a legacy of America’s violent past

Donald Trump survived an assassination attempt at a campaign rally. The incident highlights America's historical and ongoing political violence.
A second contingent of 200 police officers from Kenya arrive at Toussaint Louverture International Airport in Port-au-Prince, Haiti, on Tuesday.
WORLD
Jul 17, 2024

200 more Kenyan police deployed to tackle Haiti violence

Haitian sources say the new batch brings the total to 400 Kenyan boots on the ground in violence-ravaged Port-au-Prince.
England head coach Gareth Southgate walks past the trophy after his side lost the final of Euro 2024 against Spain on Sunday in Berlin.
SOCCER
Jul 17, 2024

Southgate stands down: Who's next for England's hot seat?

Southgate announced his departure less than 48 hours after England's second successive Euro final defeat, this time a shattering 2-1 loss to Spain in Berlin on Sunday.
Guo Wengui holds a news conference with Steve Bannon in New York in November 2018.
WORLD / Crime & Legal
Jul 17, 2024

Chinese tycoon Guo guilty in U.S. of $1 billion investor fraud

Convicted on nine of the 12 counts against him, he faces as many as 20 years in prison on the most serious charges when he is sentenced on Nov. 19.
China's 15-day visa-free policy is giving tourism a huge boost, with bookings from eligible countries surging 150% and attracting millions of visitors post-pandemic.
ASIA PACIFIC
Jul 17, 2024

China strives to lure foreign tourists, but it's a hard sell for some

The recent surge in tourism comes after China closed its borders in early 2020 to combat the COVID-19 pandemic, and kept them shut until the start of 2023.
Shares in Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker and a major Apple and Nvidia supplier, closed 2.4% lower on Wednesday.
WORLD / Politics
Jul 17, 2024

Trump says Taiwan should pay for defense, sending TSMC stock down

The U.S. is Taiwan's key international supporter and arms supplier, although there is no formal defense agreement between them.
Ko Maung Saungkha, center, a poet who is a rebel commander in Myanmar, on the first day of training for new recruits in Karen State, on May 7.
ASIA PACIFIC
Jul 17, 2024

In the war against the junta in Myanmar, a poet commands a rebel army

Myanmar is a country entranced by poetry, with poets treated like celebrities and verse that has long been political used to galvanize the masses.
Diaper products for babies and adults are displayed at a factory of Daio Paper's subsidiary Elleair in Fujinomiya, Shizuoka Prefecture, in June.
BUSINESS / Companies
Jul 17, 2024

Japan's diaper-makers look to adult market for revenue as births fall

Japan's population is likely to decline by about 30% to 87 million by 2070, with 4 people in every 10 at the age of 65 or more, estimates show.
National League designated hitter Shohei Ohtani hits a three-run homer in the third inning of the MLB All-Star Game on Tuesday at Globe Life Field in Arlington, Texas.
BASEBALL / MLB
Jul 17, 2024

Ohtani launches three-run homer as NL loses All-Star Game

Boston Red Sox outfielder Jarren Duran delivered a go-ahead two-run home run in the bottom of the fifth inning to lead the American League to a 5-3 victory over the NL.
Donald Trump gestures at the 2024 Republican National Convention in Milwaukee, Wisconsin, on Tuesday.
WORLD / Politics
Jul 17, 2024

Trump’s former rivals unite behind him at Republican convention

Their scheduled appearances sent the unmistakable signal of the former U.S. president’s total control over the party.
Keiju Okada (left) and Miho Yoshioka compete in the 470-class mixed two-person dinghy event of the sailing world championships in August in the Netherlands.
OLYMPICS / Sailing
Jul 17, 2024

Japanese craftsmanship to play vital role in dinghy sailing in Paris

Fifteen of the 19 boats in the new 470-class mixed two-person dinghy event at the 2024 Paris Games will use sails made by North Sails Japan.
Mizuho Securities is starting a fund to create opportunities for third-party investment into Japan's animation film sector that has created globally popular works such as "Demon Slayer."
BUSINESS / Companies
Jul 17, 2024

Mizuho fund to invest in Japan’s popular but cash-needing anime scene

For investors, Mizuho's fund will be an opportunity to park their money in a sector famous for works like "Demon Slayer."
Nikon President Muneaki Tokunari in Tokyo on Wednesday
BUSINESS / Companies
Jul 17, 2024

Nikon fields ‘remarkable’ demand for older chip tools in China

Nikon is making a strong marketing push in China with its new argon-fluoride lithography machines, released earlier this year.
Japan's Hikaru Kitagawa dribbles past a defender during an Olympic qualifying match against North Korea at National Stadium in Tokyo in February.
OLYMPICS / Football
Jul 17, 2024

After Tokyo Olympic disappointment, Nadeshiko Japan look for redemption

For many, a disappointing effort on home soil in 2021 was a marker of just how far Japan's women's soccer team had fallen. Now the squad has its sights set on redemption.
Several people from Nomura Holdings in charge of Asia excluding Japan are leaving the company, according to an internal memo.
BUSINESS / Companies
Jul 17, 2024

Nomura reshuffles Asia investment banking team and cuts jobs in slump

A management change coincides with a new round of job cuts involving about 10 bankers this week, sources have said.
Actor Kim Dae-gun won a Korean Fantastic Actor award for his performance in Yoon Eunkyoung’s “The Tenants,” which takes a dark satirical look at the scarcity of decent affordable housing in Seoul.
CULTURE / Film
Jul 18, 2024

Bucheon film festival contemplates a future with AI

Dark comedy and surreal fantasy stood out at the genre film event that focused on the advent of generative AI.

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