Global Markets Brace for Fallout From Trump Tariffs

Global Markets Brace for Fallout From Trump Tariffs

Markets around the world braced for volatile trading on Monday as investors began to assess the potential fallout from President Trump’s announcement of tariffs on Mexico, Canada and China. On Monday morning, markets in Japan and South Korea opened more than 2 percent lower. Overnight trading on Wall Street pointed to a sharp slide for … Read more

1.2 Million In Japan Asked To “Use Less Water” To Help Rescue Truck Driver

1.2 Million In Japan Asked To "Use Less Water" To Help Rescue Truck Driver

Japanese authorities have asked 1.2 million people to cut back on showers and laundry to prevent leaking sewage aggravating an operation to rescue a truck driver in a sinkhole. The hole suddenly opened up in Yashio during the morning rush hour on Tuesday, swallowing the lorry. Rescue efforts have been severely hampered by unstable ground … Read more

Driver still stuck in large sinkhole in Japan over 24 hours after truck plunged inside; nearby residents evacuated

Driver still stuck in large sinkhole in Japan over 24 hours after truck plunged inside; nearby residents evacuated

Rescuers were on Wednesday trying to save a Japanese truck driver stuck in a large sinkhole for more than 24 hours as local residents were evacuated over fears gas pipes could break. Emergency workers in Yashio city outside Tokyo rushed to the scene on Tuesday morning after a road caved in and a lorry plunged into … Read more

Kenichiro Yoshida Will Step Down as C.E.O. of Sony

Kenichiro Yoshida Will Step Down as C.E.O. of Sony

The chief executive of Sony Group, Kenichiro Yoshida, who helped further the company’s decades-long push to transform itself from a consumer electronics brand into a global entertainment company, is stepping down. Hiroki Totoki, 60, a top Sony executive who has worked closely with Mr. Yoshida in leading that drive, will take over as chief executive … Read more

Lunar New Year 2025 Photos: See Year of the Snake Celebrations Across Asia

Lunar New Year 2025 Photos: See Year of the Snake Celebrations Across Asia

More than a billion people across the world, from China to the Philippines to diaspora communities in the United States, began celebrating the Lunar New Year on Tuesday with fireworks, family time and feasts. On Wednesday, the first new moon of the Year of the Snake will mark the imminent arrival of spring. Known as … Read more

Japanese TV Executives Get 10-Hour Grilling Over Sex Abuse Case

Japanese TV Executives Get 10-Hour Grilling Over Sex Abuse Case

When the leaders of a major Japanese broadcaster stepped down to take responsibility for the botched handling of a sexual assault allegation, it was supposed to be a ritual show of remorse in corporate Japan. Instead, the news conference to announce the resignations turned into a marathon display of social outrage as executives faced a … Read more

Fries With Your McBaguette? For Some Travelers, McDonald’s Is a Destination.

Fries With Your McBaguette? For Some Travelers, McDonald’s Is a Destination.

When in Morocco, one might visit the El Badi Palace, walk the grounds of the Koutoubia Mosque or enjoy a meal of dates and chebakia at … McDonald’s? For some, dining at McDonald’s has become part of the fun of traveling abroad. With distinctive locations — a “ski-through” restaurant in Sweden, a decommissioned Douglas DC-3 … Read more

Japan’s Fuji TV executives resign over sex scandal linked to former boy band star

Japan's Fuji TV executives resign over sex scandal linked to former boy band star

The Japanese network Fuji Television and its parent company said Monday that its president and chairperson were resigning immediately to take responsibility for a widening sex assault scandal linked to one of Japan’s top TV celebrities. The scandal centers on Masahiro Nakai, a former leader of Japan’s once-hugely popular boy band SMAP, and his costly … Read more