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The Exchange Square complex, which houses the Hong Kong Stock Exchange, in Hong Kong on March 14. Dealmakers say a lot more than words is needed to revive Hong Kong’s weakest IPO market since the global financial crisis.
BUSINESS / Markets
Apr 29, 2024

China’s new plan to boost Hong Kong IPOs faces major hurdles

Pipeline of IPOs expected to remain feeble while valuations are low, China’s economic outlook is poor, and foreign investors remain distrustful of Beijing.
Timberwolves guard Anthony Edwards dunks against the Suns during the second half in Phoenix on Sunday.
BASKETBALL
Apr 29, 2024

Anthony Edwards uses huge second half to help Timberwolves sweep Suns

"I knew we had a chance to sweep them and why would we want to go back to Minnesota," Edwards said.
The Constitutional Democratic Party of Japan's Natsumi Sakai (center) celebrates with other CDP officials and supporters on Sunday in Tokyo's Koto Ward after being announced as the winner of the Tokyo No. 15 district by-election.
JAPAN / Politics / ANALYSIS
Apr 29, 2024

Election trouncing a blow to Kishida, but snap election unlikely

The PM might order a Cabinet reshuffle and make leadership changes within the LDP to boost his popularity ahead of the party's presidential election.
Red Bull Racing driver Sergio Perez speaks during a news conference in Shanghai on April 21.
MORE SPORTS / Auto Racing
Apr 30, 2024

Red Bull should stick with Perez, says Szafnauer

Perez's contract runs out at the end of the season, and the 34-year-old faces an uncertain future.
Activist investor campaigns are becoming more commonplace in Japan as the government and the Tokyo Stock Exchange encourage companies to boost shareholder returns.
BUSINESS / Companies
Apr 30, 2024

Elliott Management's Sumitomo stake reflects growing activism in Japan

Elliott has built a large holding in Sumitomo after investing several tens of billions of yen in the trading house backed by Warren Buffett.
This combination of photos shows the cooling tower of the Emile Huchet coal-fired power station undergoing demolition in Saint-Avold, northeastern France, in February.
ENVIRONMENT / Climate change
Apr 30, 2024

G7 reportedly agrees end date for coal-fired power plants

The meeting in Turin is the first big political session since the world pledged at the U.N.'s COP28 climate summit in December.
Staff from ANA group pose during a Tokyo event in February to commemorate the launch of a comic featuring women in airport ground handling roles.
JAPAN / FOCUS
Apr 30, 2024

Japan steps up drive to secure airport ground handling workers

The initiative seeks to ramp up interest in the workforce responsible for ensuring on-time airplane departures behind the scenes.
Demonstrators surround a cardboard cutout of Indian Prime Minister Narendra Modi during a protest outside the Indian Consulate in Toronto after Canadian Prime Minister Justin Trudeau raised the prospect of New Delhi's involvement in the murder of Sikh separatist leader in the country last September.
ASIA PACIFIC / Politics
Apr 30, 2024

India’s spy chief cleared plot to kill Sikh activist, report says

An alleged plot to kill a U.S. citizen and Sikh activist on American soil last year was approved by senior-level members of India’s intelligence agency, including its chief at the time, the Washington Post reported, citing people familiar with the matter it didn’t identify.
A staff member works at the animation studio Shake Hands in Kyoto on Jan. 24. The studio aims to provide job training and confidence to people with autism.
JAPAN / Society
May 5, 2024

Anime studio draws on talent of autistic artists

The groundbreaking initiative aims to provide job training and confidence to people with autism.
Denver Nuggets guard Jamal Murray controls the ball during game five of the first round for the 2024 NBA playoffs, in Denver on Monday.
BASKETBALL / NBA
Apr 30, 2024

Nuggets send Lakers crashing out of the NBA playoffs

After a 4-1 series win, Denver will now face Minnesota in the next round.
Spain's Rafael Nadal waves to the crowd after losing his fourth-round match at the Madrid Open on Tuesday in what was likely his final tournament in the Spanish capital.
TENNIS
May 1, 2024

'Emotional' Nadal knocked out of Madrid Open

The 37-year-old, 22-time Grand Slam singles champion — winner of a record five Madrid Open titles — bowed out 7-5, 6-4 to the 30th-seeded Czech Lehecka.
Angels slugger Mike Trout rounds the bases after hitting a home run in a game on April 23.
BASEBALL / MLB
May 1, 2024

Angels star Trout to have left knee surgery

The 32-year-old slugger, an 11-time American League All-Star and three-time AL MVP, has struggled with injuries in recent years.
An analysis of the Bank of Japan's accounts suggests an intervention of about ¥5.5 trillion took place on Monday to prop up the yen.
BUSINESS / Markets
May 1, 2024

BOJ accounts suggest Japan intervened to support yen

The Bank of Japan said its current account will probably fall ¥7.56 trillion — much bigger than the drop of about ¥2.1 trillion estimated.
Lakers forward LeBron James dribbles toward the basket during Game Three of Los Angeles' first-round series against the Nuggets on April 25.
BASKETBALL / NBA
May 1, 2024

LeBron James focused on family and Paris Olympics after Lakers playoff exit

The Lakers fell 108-106 to the defending champion Denver Nuggets on Monday to lose 4-1 in the first round.
Emperor Naruhito and Empress Masako speak to evacuees at a shelter in Wajima, Ishikawa Prefecture, in March.
JAPAN
May 1, 2024

Emperor Naruhito marks five years since enthronement

The emperor's first five years on the throne were largely overshadowed by the COVID-19 pandemic.
The root cause of yen weakness lies in the U.S., not Japan, with the currency falling to its weakest since around 1990.
COMMENTARY / Japan
May 1, 2024

Japan should leave its currency bazooka at home

The root cause of yen weakness lies in the U.S., not Japan. That makes the latter's options very limited.
U.S. President Joe Biden makes an appearance at an infrastructure construction project in Woodstock, New Hampshire, in November 2021.  Bridges and sewage systems may seem unglamorous, but common assets such as these will form the basis of economic growth for years to come.
COMMENTARY / World
May 1, 2024

The West’s new infrastructure imperative

A dim future awaits any society that allows its infrastructure to degrade and underinvests in new needs.
U.S. Secretary of State Antony Blinken meets with Chinese President Xi Jinping in Beijing on Friday.
COMMENTARY / World
Apr 30, 2024

U.S.-China tensions rise as the tides begin shifting

Irritation colored last week’s visit to China by U.S. Secretary of State Antony Blinken amid amplified Chinese anxiety.
Thirty years after his death, Ayrton Senna remains a revered figure among motorsports fans in Japan.
MORE SPORTS / Auto Racing
May 1, 2024

30 years on, Japan's bond with Senna remains strong

During the driver's peak, Formula One grew to a point where the sport brought a second race to Japan in 1994.
An electronic screen in Tokyo displays the yen exchange rate against the U.S. dollar and the graph showing its recent swings, on Thursday.
BUSINESS / Markets
May 2, 2024

Yen swings stir talk that Japan is in the FX market once again

The yen advanced more than 3% and hit ¥153.04 per dollar as more than $4 billion of yen-related futures were exchanged.
A wounded Palestinian man and his injured son in Rafah, in the southern Gaza Strip, on Wednesday
WORLD
May 2, 2024

U.S. surgeon in Gaza: Nothing prepared me for scale of injuries

Shariq Sayeed said that the vast majority of cases he dealt with involved amputation.
U.S. Secretary of State Antony Blinken meets with Saudi Crown Prince Mohammed bin Salman in Riyadh on Sunday.
WORLD / Politics
May 2, 2024

U.S. and Saudi Arabia near defense pact meant to reshape Middle East

Though many obstacles remain, there is optimism Washington and Riyadh could reach a framework defense deal within weeks.
A drone view of three berths able to load vessels with oil is seen after their construction at Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project in Burnaby, British Columbia, Canada, on April 26.
WORLD / Politics
May 2, 2024

Constraints on Canada's Trans Mountain pipeline may crimp oil exports

After 12 years, a project to nearly triple the crude-oil flow from Alberta to Canada's Pacific Coast began commercial operations, but with setbacks.
Laforet Harajuku, which celebrated its 45th anniversary last year, has been a witness to the district's evolution over the years.
BUSINESS
May 2, 2024

Harajuku strives to reclaim its former glory — and surpass it

Stakeholders are pulling out all the stops to restore the creative energy of the Tokyo district known for setting fashion trends in its heyday.
Brittney Griner (center) watches from the bench as the Mercury face the Sky on May 21, 2023. Griner was detained in Russia for nine months after being arrested on drug charges in 2022.
BASKETBALL
May 2, 2024

WNBA star Brittney Griner contemplated suicide while detained in Russia

Griner was jailed in Russia after her arrest on drug charges in 2022.
The ruling Georgian Dream Party, whose leader is pro-Russian, holds a rally in support of the government in Tbilisi on Monday.
COMMENTARY / World
May 2, 2024

What if Russia wins in Ukraine? Ask Georgia.

A billionaire leader in Tblisi echoes Moscow as he rails against “global party of war.”
China's President Xi Jinping speaks at the Senior Chinese Leader Event held on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco on Nov. 15, 2023.
WORLD / Politics
May 3, 2024

Xi's trip to Europe may lay bare West's divisions over China strategy

Chinese President Xi Jinping will visit France and pro-Russia nations Serbia and Hungary, which are also large recipients of Chinese investment.
Senator Tim Scott (center), a Republican from South Carolina, speaks during a campaign event with former U.S. President Donald Trump, (left), and Doug Burgum (right), governor of North Dakota, in Laconia, New Hampshire, in January.
WORLD / Politics
May 3, 2024

Trump auditions VP picks before wealthy donors in Palm Beach

Trump’s running mate may have to take on an unusually large amount of campaigning if his legal troubles prevent him from keeping a robust travel schedule.
Apple CEO Tim Cook attends the Wonderlust event at the company's headquarters in Cupertino, California, on Sept. 12, 2023.
BUSINESS / Companies
May 3, 2024

Apple unveils record $110 billion buyback as results beat low expectations

Apple's quarterly revenue fell, but less than analysts had expected, and CEO Tim Cook said revenue growth would return in the current quarter.
U.S. Secretary of State Antony Blinken arrives in Jeddah, Saudi Arabia, on March 20.
WORLD / Politics
May 3, 2024

U.S. and Saudi Arabia finalizing details of security pact, sources say

For now, negotiators have prioritized a bilateral security accord that would then be part of a wider package presented to Israel.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past