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Businessman George Glass has been selected by U.S. President-elect Donald Trump to be the next ambassador to Japan.
JAPAN / Politics
Dec 17, 2024

Trump picks businessman George Glass as Japan ambassador

Glass, who served as ambassador to Portugal during Trump's first administration, is known as one of the biggest fundraisers for his reelection bid.
One problem with assessments of China’s economic health is that they tend to treat China like a “normal” modern economy, and assume that policy tools familiar to Western economies are similarly useful.
COMMENTARY / World
Dec 26, 2024

China’s economy has not peaked

What happens to the world economy and global geopolitics in 2025 will depend significantly on China. But prevailing assessments of its economic health are deeply flawed.
Current Sapporo Holdings President Masaki Oga (left) and the next President Hiroshi Tokimatsu, currently executive group managing officer, shake hands on Wednesday in Tokyo's Chiyoda Ward.
BUSINESS / Companies
Dec 19, 2024

Hiroshi Tokimatsu named next president of Sapporo Holdings

Tokimatsu, 62, will also become president of Sapporo Breweries.
Warriors guard Stephen Curry drives past the Mavericks' Maxence Prosper during a game in San Francisco on Dec. 15.
BASKETBALL / NBA
Dec 19, 2024

Warriors lead way as average value of NBA team reaches $4.6 billion

Golden State is considered the second most valuable franchise in U.S. sports, trailing only the Dallas Cowboys.
A pedestrian crossing in Tokyo's Ginza district. In an economic report released Friday, the government cut its assessment on corporate profits for the first time since March 2023.
BUSINESS / Economy
Dec 20, 2024

Japan says overall economy recovering, but cuts view on corporate profits

Among key economic areas, the government cut its assessment on corporate profits for the first time since March 2023 as the pace of its recovery was moderating.
The central Hokkaido city of Asahikawa made headlines this year when one of its suburbs was named as the best place to live in Japan — a ranking earned in part due to the community's many outstanding restaurants and cafes.
LIFE / Food & Drink
Dec 28, 2024

How Hokkaido quietly became a culinary treasure trove in 2024

Food trucks, morsels with cutesy cues from nature and more helped Japan’s northernmost island have a stellar year.
An undated photo of a poster in a window promoting shows at Lincoln Center by Shen Yun, which in its 2023-2024 season performed more than 800 times on five continents, in New York. Over the past decade, the dance group Shen Yun Performing Arts has made money at a staggering rate in large part by getting followers of the Falun Gong religious movement to work for free and pay its bills.
ASIA PACIFIC / Politics
Dec 31, 2024

How Shen Yun tapped religious fervor to make $266 million

Shen Yun’s success flows in part from its ability to pack venues worldwide — while exploiting young, low-paid performers with little regard for their health or well-being.
Opium is harvested from poppies in Bang Laem Village, Shan State, Myanmar.
ASIA PACIFIC / Crime & Legal
Dec 31, 2024

Drugs, scams and sin: Myanmar’s war has made it the global crime capital

Growing opium poppies is illegal in Myanmar, but small-scale farmers see it is a relatively low-risk cash crop.
Police investigators surround a white truck in the French Quarter of New Orleans, Louisiana, on Wednesday.
WORLD / Crime & Legal
Jan 2, 2025

FBI probes New Orleans truck ramming as IS-inspired terrorist attack

A U.S. Army veteran drove into the city's French Quarter on New Year's Day, killing 15 in what officials suspect might be a coordinated attack inspired by the Islamic State group.
A police officer enters a vehicle on Thursday at the location where a truck was driven into a crowd of New Year's Day revelers in New Orleans, Louisiana, a day earlier.
WORLD / Crime & Legal
Jan 3, 2025

Texas man behind New Orleans attack acted alone, FBI says

The suspect, identified as Shamsud-Din Jabbar, a 42-year-old Texan who once served in the U.S. Army in Afghanistan, had pledged allegiance to the Islamic State group.
The Bank of Korea complex in Seoul. South Korea's economic growth is hindered by structural challenges like high living costs, a tough job market and an aging population.
COMMENTARY / World
Dec 26, 2024

The Bank of Korea moves beyond monetary policy

Many Koreans are pessimistic about the future, which reflects the intense competition that defines their lives, from education to employment.
Burned-out homes reduced to rubble by the Eaton Fire are seen in Altadena, California, on Friday.
WORLD
Jan 11, 2025

Los Angeles faces more wildfire evacuations even as fierce winds ease

Fierce winds that have supercharged wildfires sweeping parts of Los Angeles eased Friday, but the largest blaze shifted direction, triggering new evacuation orders.
Fire retardant is dropped as the Palisades Fire grows near Encino Hills, California, on Saturday.
WORLD
Jan 12, 2025

Aerial assault aims to stem Los Angeles fire's eastward spread

Fire officials say that while 11% of the Palisades Fire was now contained, it has so far burned over 22,000 acres (8,900 hectares).
Pedram Salimpour and Stacy Weiss look through the remains of their home, which was destroyed by fire in Pacific Palisades, California, on Saturday.
WORLD
Jan 13, 2025

Los Angeles fire evacuees face price gouging

The practice has drawn the ire of California's Attorney General Rob Bonta, who warned that there are laws against it.
People shop at a mall in the town of al-Dana, near Sarmada, in the northern Syrian province of Idlib on Dec. 13.
WORLD
Jan 13, 2025

'It was a mafia': Syrian businesses hope for revival after Assad

Syria's new caretaker government has told business leaders it will adopt a free-market model and integrate the country into the global economy.
U.S. President-elect Donald Trump's provocative rhetoric targeting Panama, Greenland and Canada underscores his preference for bold power plays over traditional rules-based diplomacy.
COMMENTARY
Jan 13, 2025

Trump’s trash talk revives the worst of world politics

Trump's provocative rhetoric targeting Panama, Greenland and Canada underscores his preference for bold power plays over traditional rules-based diplomacy.
Because of the U.S. dollar peg, Hong Kong can no longer be Asia’s go-to fundraising platform, eroding a key selling point for the financial center.
COMMENTARY
Jan 15, 2025

Hong Kong-dollar peg makes less sense than ever

It’s increasingly clear that the currency regime, which inevitably ties the city’s lending rates to those of the U.S., is outdated and needs a revamp.
Private firefighters gather near their vehicles at a mall in Pacific Palisades, California, on Wednesday.
WORLD / Society
Jan 17, 2025

Private firefighters highlight wealth divide in ruined Los Angeles

Questions are being asked about how some of the city's superrich seem to have survived almost unscathed after enormous blazes spread through the metropolis.
Makeshift housing units are built on Tanegashima island, Kagoshima Prefesture, for workers involved in construction of an Air Self-Defense Force base on nearby Mageshima island.
JAPAN
Jan 19, 2025

ASDF base construction on Mageshima to be delayed by three years

The completion is expected for the end of March 2030 due to bad weather and a labor shortage.
John Adolph holds his son, Remy, as he stays with his friends after his home in Altadena was damaged during the Eaton Fire, in Eagle Rock, California, on Friday.
WORLD
Jan 20, 2025

Displaced by wildfires, Los Angeles' residents search for a place to live

In the wake of the wildfires, rents in Los Angeles have surged, and uncertainty over insurance settlements has left some of the displaced in limbo.
The Nasdaq MarketSite is seen on the day that shares of Trump Media & Technology Group start trading under the ticker "DJT" in New York on March 26, 2024.
BUSINESS / Tech
Jan 21, 2025

Trump's crypto and Truth Social believers bet on his presidency

Hundreds of thousands of U.S. retail investors have linked their fortunes with those of the president they support.
A coal terminal in China's Hebei province in February 2023. Electricity use in the country grew 6.8% last year, outpacing overall economic growth at the highest clip in at least 15 years.
ENVIRONMENT / Energy
Jan 26, 2025

China’s surging power demand creates a climate conundrum

As the world’s largest polluter, China holds outsized sway over whether emissions can be reduced fast enough to avoid the worst impacts of global warming.
People line up to use an ATM  in the separatist-controlled city of Donetsk, Ukraine, days after Russian President Vladimir Putin authorized the full-scale invasion of the country in February 2022. Western financial sanctions have weighed on the Russian ruble, which has sunk from 34 to the dollar in 2013 to around 100 today.
COMMENTARY / World
Jan 27, 2025

Putin’s war is fueling Russian stagflation

For a normal country, a budget deficit of 2% of GDP would be of no concern. But Russia is not a normal country.
A worker drives past residential buildings under construction by Chinese real estate developer Vanke in Hangzhou, in eastern China's Zhejiang province. The indebted Chinese property developer warned on Monday that it incurred major losses in 2024, a filing at the Hong Kong Stock Exchange showed.
BUSINESS / Companies
Jan 28, 2025

Rare China support shows Vanke may be too big to fail

The unusual support shows that Vanke holds a special place within China’s moribund property sector.
Frustrated by policy uncertainty and modest stimulus, investors are shifting from long-term bets to short-term trades in China.
BUSINESS / Markets
Jan 29, 2025

Growth engine or casino? Global investors rethink China playbook

Investor uncertainty and policy shifts have fundamentally changed how analysts and money managers view China’s markets.
Bollywood faced a challenging year in 2024, with box-office collections dropping significantly, leading to concerns about a return to lawlessness in Mumbai.
COMMENTARY / World
Feb 2, 2025

Bollywood’s dark past is threatening to return

When everything starts bombing for Bollywood, things take a sinister turn in Mumbai.
U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu arrive to hold a news conference at the White House in Washington on Tuesday.
WORLD / Politics / ANALYSIS
Feb 5, 2025

Trump's Gaza stunner builds on his expansionist aims

Since Trump's return to the White House a little more than two weeks ago, his "America First" approach seems to have morphed into "America More."
A woman stands outside the gates of the family house of detained Myanmar civilian leader Aung San Suu Kyi in Yangon, Myanmar, on Wednesday, during an attempt to sell the lakeside mansion.
ASIA PACIFIC
Feb 5, 2025

Bid to sell Suu Kyi's Myanmar mansion flops for third time

It is unclear who in the country would be in a position to spend $140 million on a single, increasingly dilapidated property.
Russian President Vladimir Putin attends a meeting in Moscow on Wednesday.
WORLD / Politics
Feb 7, 2025

Ukraine keeps its Kursk bargaining chip for any Russia talks

Russian forces have, so far, reclaimed only about half of the area that Ukraine took last year.
Sam Altman, chief executive of OpenAI, speaks at a White House event with President Donald Trump, left; Softbank chief executive Masayoshi Son, third from left; and Larry Ellison, chairman of Oracle, at the White House on Jan. 21.
BUSINESS / Tech
Feb 9, 2025

How Sam Altman sidestepped Elon Musk to win over Donald Trump

After helping President Trump get elected, Elon Musk was poised to dominate the nation’s AI policies. But someone got there before him.

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight