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Yasushi Itagaki, head of MUFG’s global commercial banking business, says the banking group aims to push up its buyouts and investment in India, and increase annual returns from them to 20% in 10 years.
BUSINESS / Companies
Nov 11, 2024

MUFG seeks acquisitions in India to drive growth, targeting 20% returns

Japan's largest lender is competing with a slew of global peers to expand in the world’s fastest-growing major economy.
U.S. President-elect Donald Trump takes stage at an election night event in West Palm Beach, Florida, on Wednesday.
WORLD / Politics / FOCUS
Nov 11, 2024

How a Trump presidency could lead to a purge at the Pentagon

During his campaign for reelection, Donald Trump vowed to purge the military of so-called woke generals. Now the question is how far will he go?
Roki Sasaki waves to fans after the Marines' final home game of the 2024 season.
BASEBALL / Japanese Baseball / Sac Bunts
Nov 11, 2024

Posting ace Roki Sasaki will leave Marines in awkward position

The Marines ace is expected to move to an MLB organization this winter.
Nigeriens gather in a street to protest against the U.S. military presence, in Niamey, Niger, on April 13.
WORLD / Politics
Nov 12, 2024

Trump inherits waning U.S. strength in Africa

Biden made sweeping political promises to Africa that he has yet to keep, including visiting during his presidency, which ends in January.
Then-U.S. President Donald Trump with the then-leader of Vietnam's Communist Party, Nguyen Phu Trong, at the Presidential Palace in Hanoi in February 2019
BUSINESS / Markets
Nov 12, 2024

Vietnam may find it harder to profit from new U.S.-China trade war

Its growing trade surplus with the U.S. — which is fourth-largest, after China, Mexico and Canada — will likely put it in U.S. President-elect Donald Trump's sights.
While equity investors are optimistic about tax cuts and deregulation, concerns are emerging in the bond and currency markets, which are signaling fears of higher inflation due to Donald Trump’s economic proposals.
COMMENTARY / World
Nov 12, 2024

Trump’s market honeymoon won't last much longer

Stocks grab all the headlines, but bond and currency markets show where trouble might be brewing.
Then-U.S. President Donald Trump is interviewed by "Fox and Friends" co-host Pete Hegseth at the White House in Washington in April 2017. Trump nominated Hegseth to be the next U.S. defense secretary on Tuesday.
WORLD / Politics
Nov 13, 2024

Trump's picks: A Fox News host, an ex-spy chief and the world's richest man

The U.S. president-elect announced a spate of unconventional picks for key posts — including his defense and CIA chiefs — in his next government.
The U.S. Capitol in Washington. The U.S. Constitution assigns to the Senate the power to confirm a president's nominees for life-tenured seats on the federal judiciary.
WORLD / Politics
Nov 13, 2024

U.S. Senate Democrats rush to confirm judges before Trump takes office

Democrats are on a crusade to confirm as many new federal judges nominated by U.S. President Joe Biden as possible.
Italy's Jannik Sinner in action during his singles group stage match against Taylor Fritz of the U.S. at the ATP Finals in Turin, Italy, on Tuesday
TENNIS
Nov 13, 2024

Inspired Sinner battles past Fritz to claim second win in Turin

"It was a very tough match, we both knew exactly what to expect," Sinner said after his 67th victory of the season.
Indonesia fans watch a livestream of the 2026 FIFA World Cup Asian qualification soccer match between China and Indonesia on screens outside the Gelora Bung Karno stadium in Jakarta on Oct. 15.
SOCCER
Nov 13, 2024

Indonesia goes Dutch in pursuit of World Cup dreams

Indonesia is in the decisive third round of Asian qualifying as it attempts to reach the 2026 World Cup in North America.
Indonesian president Prabowo Subianto in Washington on Tuesday
ASIA PACIFIC / Politics
Nov 13, 2024

Indonesia’s Prabowo courts Trump and meets top executives in U.S.

Prabowo Subianto’s first overseas trip since taking office saw him visit China before he headed for the U.S., as he tries to balance relations with both countries.
As the weather gets colder, we are seeing an uptick in cases of influenza as well as COVID-19.
LIFE / Language / BILINGUAL
Nov 13, 2024

The Japanese you need to get vaccinated before winter comes

With strains of both COVID-19 and the flu circulating, learn the words that will help you navigate a visit to the clinic.
Takeshi Shina, an opposition lawmaker and a member of the Lower House's financial committee, has frequently summoned Bank of Japan governors, including incumbent Kazuo Ueda, to parliament for grilling on monetary policy.
BUSINESS / Economy
Nov 14, 2024

BOJ should raise rates to 1% to reverse weak yen, says CDP lawmaker

His remarks highlight how concern over the demerits of a weak yen will remain a key topic of debate among politicians.
The Azerbaijan pavilion during the COP29 climate conference in Baku, Azerbaijan, on Monday
ENVIRONMENT / Climate change
Nov 14, 2024

Hopes pinned on low-key COP29 to thrash out climate-finance details

The Baku summit aims to reach new agreement for climate-related transfers from rich to poor countries, intended to replace a $100 billion annual target set in 2009.
Taiwanese writer Yang Shuang-zi’s novel “Taiwan Travelogue” provides a portal to the past and allows the reader to explore a bygone world with their eyes, ears and stomach.
CULTURE / Books
Nov 15, 2024

The sentimental gastronomies of ‘Taiwan Travelogue’

Yang Shuang-zi’s layered tale of female companionship takes readers on an epicurean frolic through Taiwan's colonial era.
The streets of Suzu, Ishikawa Prefecture, in October show that the city is still struggling from the aftermath of the Jan. 1 earthquake and heavy rain in September.
BUSINESS / Economy / FOCUS
Nov 15, 2024

Japan faces urgent need to boost state finances for emergencies

If a major earthquake were to strike directly beneath Tokyo, the projected damage would total around ¥107.5 trillion.
There is a broad shift in Japan’s business environment, where long-standing relationships are being challenged by foreign and activist investors looking for merger and acquisition deals.
COMMENTARY / Japan
Nov 15, 2024

Japan's newfound love of M&A makes for strange bedfellows

There is a broad shift in Japan’s business environment, where long-standing relationships are being challenged by foreign and activist investors.
Japanese companies lack the agility needed for the digital transformation, a new report says.
BUSINESS / Economy
Nov 15, 2024

Japan ranked 31st in digital competitiveness, 92nd for English skills

In the 2024 EF English Proficiency Index, Japan was ranked 92nd, down from 87 the previous year. It was its worst showing yet.
Tulsi Gabbard, U.S. President-elect Donald Trump's pick for director of national intelligence, has questioned on X whether the remilitarization of Japan is truly a good idea.
JAPAN
Nov 15, 2024

U.S. intelligence head nominee made possibly hostile remarks on Japan

In a Dec. 7, 2023 post on X, Tulsi Gabbard questioned the idea of Japan's remilitarization.
The facade of the Okinawa Prefectural Museum & Art Museum graces the cover of Paul Tulett’s new book “Brutalist Japan: A Photographic Tour of Post-War Japanese Architecture.”
CULTURE / Books
Nov 16, 2024

Brutal beauty worth saving from the wrecking ball

Paul Tulett advocates for preserving concrete Brutalist architecture in his new book “Brutalist Japan.”
Liberty Oilfield Services CEO Chris Wright rings a ceremonial bell to celebrate the company's IPO on the floor of the New York Stock Exchange in January 2018.
WORLD / Politics
Nov 17, 2024

Trump nominates fracking magnate and climate skeptic as energy secretary

A vocal proponent of oil and gas, Chris Wright says the threat of global warming is exaggerated and fossil fuels are crucial for spreading prosperity.
The Fugaku supercomputer at Riken Center for Computational Science in Kobe City, Hyogo Prefecture
BUSINESS / Companies
Nov 19, 2024

Japan's Fugaku supercomputer takes top spot in two rankings for 10th time

Fugaku marked better performance than in the previous rankings, in May, following an improvement to its software.
A view inside Beijing Daxing International Airport. Japanese nationals could soon visit China without a visa for up to 15 days, according to reports.
BUSINESS / Economy
Nov 19, 2024

China may soon resume visa exemptions for Japanese nationals, reports say

The news comes as the two countries work toward mending fences after a period of tension and in the face of rising protectionist threats.
Leaders attending the launch of the Global Alliance Against Hunger and Poverty pose for a group photo after the first session of the G20 Leaders' Meeting in Rio de Janeiro, Brazil, on Monday.
WORLD / Politics
Nov 20, 2024

Brazil urges G20 leaders to move faster on net zero climate targets

Brazil's leader noted this is likely the world's warmest year on record as climate disasters such as flooding and droughts become more frequent and intense.
Media mogul Jimmy Lai leaves Mong Kok police station after being released on bail in Hong Kong on Aug. 12, 2020.
ASIA PACIFIC / Politics
Nov 20, 2024

After years in a Hong Kong jail, Jimmy Lai has his say in court

The media mogul said his now-shuttered newspaper, Apple Daily, represented the freedoms that people in the city valued.
Pudong's Lujiazui Financial District in Shanghai, China
BUSINESS / Companies
Nov 20, 2024

Japanese businesses grow more pessimistic on China’s economy

About 64% of Japanese companies said the Chinese economy is faring worse than last year.
A post-election analysis by the polling company Blueprint discovered that the top reason why American swing voters eventually supported Donald Trump over Kamal Harris was culture (+28) followed by inflation (+23).
COMMENTARY / World
Nov 20, 2024

It’s too soon to say wokeism is dead

The Republicans ran the most unwoke man in America for the presidency, Donald Trump, and were amply rewarded for it.
Originally debuting on a coin purse, Hello Kitty became a national phenomenon in Japan and is now the second highest-grossing media franchise worldwide.
COMMENTARY / Japan
Nov 20, 2024

Hello Kitty looks pretty at 50 (and is worth more than ever)

Kitty’s broad appeal, especially to adults, helped popularize the Japanese concept of kawaii (cuteness), which has since become a global trend.
Jimmy Lai, publisher of Apple Daily, a pro-democracy newspaper, at his office in Hong Kong on Aug. 22, 2019. Accused of masterminding anti-government protests that swept across Hong Kong in 2019, Lai testified for the first time on Wednesday at his landmark national security trial.
WORLD / Politics
Nov 21, 2024

Apple Daily: The Hong Kong tabloid that dared to challenge China

Hong Kong's Apple Daily was once the city's most popular tabloid by punching up against the Chinese Communist Party. But Beijing had the last laugh.
Nissan Motor slashed its earnings outlook earlier this month and said it would cut 9,000 jobs and a fifth of its manufacturing capacity.
BUSINESS / Companies
Nov 21, 2024

Hedge fund Effissimo stirs speculation with its stake in Nissan Motor

News of the investment sent Nissan’s shares soaring 13% on Nov. 12.

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji