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South Korea's main opposition Democratic Party leader Lee Jae-myung speaks during a news conference in Seoul on April 11.
WORLD
Jan 3, 2024

South Korean opposition leader 'could have been killed': party

Lee Jae-myung, who suffered a wound to his jugular vein, was first taken to a hospital in Busan, then flown to Seoul.
Harvesting wheat in Punjab, Pakistan
ENVIRONMENT / Sustainability
Jan 7, 2024

Military men want to kickstart Pakistan’s green revolution

Islamabad argues that corporate farming is essential to ensuring food security for its 240 million people.
The Yangshan Deepwater Port in Shanghai. China’s manufactured goods surplus relative to global gross domestic product is now around 2%, and an estimated 45% of China’s manufacturing output is being exported as the nation’s 1.4 billion people can’t buy enough goods such as electric vehicles, ships and household appliances to meet the increased supply.
BUSINESS / Economy
Jan 8, 2024

Xi Jinping’s solution for China’s economy risks triggering new trade war

Manufacturing focus sets up Beijing for renewed tensions with both developed countries and emerging economies pushing to reach the lower rungs of the industrialization.
Masaki Sato, who owns an 85-year-old property in the Akasaki district of Shika, Ishikawa Prefecture, walks in the district on Saturday after a major earthquake struck the Noto region on New Year's Day.
JAPAN / Society
Jan 8, 2024

Still standing: Unique houses survive quake in Japanese village

Despite a magnitude 7.6 quake only kilometers away, one small fishing village stood strong thanks to decades-old smart architecture.
South Korea's opposition Democratic Party leader, Lee Jae-myung, speaks after being discharged at Seoul National University Hospital in Seoul on Wednesday.
ASIA PACIFIC / Politics
Jan 10, 2024

South Korea opposition leader hopes for end to 'politics of hate' after attack

The 67-year-old male suspect told police he wanted to prevent Lee from becoming president and his party from winning the election.
U.S. President Joe Biden gives a thumbs-up as he walks with Chinese leader Xi Jinping at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation summit, in Woodside, California, on Nov. 15. Their meeting attempted to calm the waters and tried to convey a sense that the U.S. and China could effectively manage their differences.
ASIA PACIFIC / Politics / ANALYSIS
Jan 11, 2024

In 2024, U.S.-China ties likely to get worse before they get better

The trajectory of Washington and Beijing's relationship this year will have profound effects on Japan's own policies going forward.
Air traffic at the Erbil International Airport in Erbil, Iraq, was suspended in the early morning on Tuesday amid explosions.
WORLD
Jan 16, 2024

Iran attacks Israel's 'espionage centers' in Iraq, state media says

Revolutionary Guards said they also struck in Syria against the Islamic State group.
China's economy grew 5.2% last year, more than most major economies. But for many in the country, the world's second-largest economy feels like it's shrinking.
BUSINESS / Economy
Jan 18, 2024

For many in China, the economy feels like it is in recession

A crisis of confidence is keeping Chinese consumers from spending and businesses in the world's second-largest economy from hiring and investing.
Green Bay Packers running back Aaron Jones dives for a touchdown against the Dallas Cowboys in a 2024 NFC wild card game at AT&T Stadium in Arlington, Texas, on Jan. 14.
MORE SPORTS / Football
Jan 19, 2024

The rise of the NFL’s 2-point conversion

The NFL playoffs have already delivered high-stakes moments around a simple decision: After a touchdown, should your team kick for 1 point, or go for 2?
A worker builds a home in Lillington, North Carolina, in June. Appetite among Japanese companies in the U.S. homebuilding market is growing as they struggle with a declining population at home.
BUSINESS / Companies
Jan 19, 2024

A $4.9 billion Japan deal for a U.S. builder heralds more M&A

Appetite among Japanese buyers in the U.S. homebuilding market is growing as they struggle with a declining population at home.
BUSINESS / Markets
Jan 22, 2024

Japan's Nikkei scales 34-year peak on Wall Street record

The S&P 500 posted its first record-high close in two years, as AI fever drove big gains for chip shares and other heavyweight tech stocks.
Toshinori Yashiki, deputy director-general at the Financial Services Agency, urged lenders to pay particular attention to highly-leveraged borrowers.
BUSINESS
Jan 24, 2024

Japan regulator will probe risks to banks from higher rates

The Bank of Japan is expected to make its first rate hike since 2007 within a few months, raising the possibility that borrowers will struggle with higher interest payments.
This year was set to be a tumultuous one for global markets, with unpredictable swings as economic fortunes diverge and voters in more than 50 countries go to the polls. But there’s one unforeseen reversal already underway: a change in perception among investors about China and Japan.
BUSINESS / Economy
Jan 26, 2024

As China’s markets stumble, Japan soars toward record highs

China has not struggled for economic growth like Japan, but a protracted property market collapse has shredded consumer and investor confidence.
As a small open economy, Hong Kong is vulnerable to financial contagion and capital flights to and from China.
COMMENTARY / World
Jan 24, 2024

Hong Kong is facing a repeat of 1998 Asia financial crisis

As the Hang Seng Index selloff deepens, bankers and traders are preparing for the worst.
Evergrande, the world's most indebted developer with more than $300 billion of total liabilities, sent a struggling property sector into a tailspin when it defaulted on its debt in 2021.
BUSINESS / Companies
Jan 29, 2024

Embattled China Evergrande ordered to liquidate by Hong Kong court

A liquidation ruling of the developer which has $240 billion of assets will likely jolt already fragile Chinese capital and property markets.
BUSINESS / Companies
Jan 29, 2024

Pay hikes at small firms in focus at Japan’s spring wage negotiations

The decisions of such companies will play a big role in determining whether Japan can achieve a healthy wage-price cycle.
IBM offices in Foster City, California
BUSINESS / Companies
Jan 30, 2024

IBM managers: Move near an office or leave company

Return-to-office mandates are often seen as fueling attrition
China's rural banking system plays a crucial role in lending to underdeveloped areas, but many had long struggled with weak profits, soured assets and lax governance.
BUSINESS / Economy
Jan 31, 2024

China merges hundreds of rural banks as financial risks mount

But legacy issues — if unresolved — could still cripple the operations of the newly formed institutions and cause bigger problems.
Former U.S. President Donald Trump's core campaign team of a half-dozen aides is unswervingly loyal to their boss and chooses to stay mostly in the background.
WORLD / Politics
Feb 2, 2024

Inside Trump's election A-team: Lean, mean and largely unseen

A handful of distinctive figures have formed a tight, disciplined inner circle around the former U.S. president in his bid for the White House.
South Korean President Yoon Suk-yeol speaks during an interview with KBS at the Presidential Office in Seoul on Sunday. The handbag incident has cast a shadow over Yoon as his conservative People Power Party is trying to wrest control of parliament in an April election.
ASIA PACIFIC / Politics
Feb 8, 2024

South Korean president says Dior bag incident was a political move

Yoon Suk-yeol breaks his silence over a video showing his wife receiving a luxury handbag from a Korean-American pastor in September 2022.
Bank of Japan Deputy Gov. Shinichi Uchida says after the bank ends its negative rate policy, financial conditions will remain easy and any policy moves thereafter will occur at a gradual pace.
BUSINESS / Economy
Feb 8, 2024

BOJ's Uchida says sharp hikes unlikely after rates policy shift

Uchida was one of the architects of the bank's current policies and now works closely with Gov. Ueda as an influential member of the BOJ policy board.
India's Prime Minister Narendra Modi waves to his supporters as he arrives at a rally in Guwahati, India, on Feb. 4.
WORLD / Politics
Feb 12, 2024

Modi flexes global muscle with Abu Dhabi visit and temple opening

While Islam is the UAE’s state religion, Modi’s Bharatiya Janata Party has long had a strained relationship with India’s Muslim population.
The tail of a BYD electric vehicle sports the company’s motto, “build your dreams,” at a dealership in Shenzhen, China, on Jan. 29.
BUSINESS / Companies
Feb 12, 2024

How China built BYD, its Tesla killer

BYD’s sales, over 80% of them in China, passed Tesla in worldwide sales of fully electric cars late last year.
Japan is eyeing a system that would make it easier for rental housing owners to lease their properties to elderly people.
JAPAN / Society
Feb 13, 2024

Certification system eyed for rental housing with elderly watch services

For certified rental housing, watch services would be provided mainly by local social welfare corporations and nonprofit organizations.
Vitol, the world's largest independent oil trader, is considering opening an office in Tokyo to trade electricity, sources said.
BUSINESS / Companies
Feb 16, 2024

Vitol considers entering Japan power market with Tokyo office

Japan's power market is attracting more overseas firms due to increased volatility amid shifts away from fossil fuels
An Ishikawa prefectural official gives information on new places to stay for earthquake evacuees lodging at hotels and inns during a meeting in Kaga, Ishikawa Prefecture, on Feb. 7.
JAPAN
Feb 20, 2024

Departure deadline approaching for Noto quake evacuees in hotels

The extension of the Hokuriku Shinkansen on March 16 is expected to lead to a surge in bookings in hotels that have acted as secondary evacuation sites.
A Rapidus factory construction site in Chitose, Hokkaido, in December
BUSINESS / Tech
Feb 21, 2024

Japan’s chip spree aims to kick economy into high gear

The government’s chip strategy aims to triple domestic chip sales to around ¥15 trillion by 2030.
Gunma Bank's video message in English is geared toward those from overseas who are flocking to Japan to buy up stocks, bonds and real estate as the nation’s assets emerge from decades of slumber.
BUSINESS / Companies
Feb 22, 2024

English video shows Japanese regional banks opening up to overseas investors

Foreigners are flocking to Japan to buy up stocks, bonds and real estate as the nation’s assets emerge from decades of slumber.
People take photos of electronic screens showing the Nikkei average surging to its highest level ever, outside a brokerage in Tokyo on Thursday.
BUSINESS / Markets / ANALYSIS
Feb 22, 2024

Nikkei tops late '80s peak, but is a bubble forming?

Market watchers say gains experienced by Japanese equities are well backed by earnings this time.
A screen in Tokyo shows the level of the 225-issue Nikkei stock average after it posted an all-time closing high on Monday.
BUSINESS / Markets
Feb 26, 2024

Japan’s Nikkei index sets record high for second consecutive day

The Topix was also up 0.49%, closing at 2,673.62.

Longform

Japan's growing ranks of centenarians are redefining what it means to live in a super-aging society.
What comes after 100?