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Tokyo Stocks Poised for New Highs in 2025 Amidst Political and Economic Uncertainty

Tokyo stocks are projected to hit new highs in 2025, potentially reaching 45,000 on the Nikkei Stock Average, driven by economic recovery and wage growth; however, political uncertainty and US trade policies pose significant risks.

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Jimmy Carter, Former US President, Dies at 100

Former U.S. President Jimmy Carter, Nobel Peace Prize laureate, died peacefully at 100 on Sunday at his home in Plains, Georgia, after nearly two years in hospice care.

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South Korea Impeaches Acting President Han Duck Soo Amidst Presidential Impeachment Trial

South Korea's parliament impeached Acting President Han Duck Soo on December 29th, following the impeachment of President Yoon Suk Yeol earlier this month, due to his refusal to appoint Constitutional Court justices and sign bills for investigations into presidential misconduct, leading to Deputy Pr...

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Biden to Decide Fate of U.S. Steel's $14.1 Billion Sale

President Biden will decide within 15 days whether to approve Nippon Steel's $14.1 billion acquisition of U.S. Steel after a federal panel failed to reach a consensus, despite Nippon Steel's pledges to maintain U.S. jobs and operations and counter China's steel dominance.

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Honda, Nissan Explore Manufacturing Partnership Amid EV Market Competition

Honda and Nissan are in talks to form a manufacturing partnership, possibly including a merger, to improve production efficiency and compete in the global EV market, particularly in North America where Nissan is struggling due to a lack of hybrid vehicles; the deal is contingent on Nissan's recovery...

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South Korea Seeks Court Warrant for President Yoon Over Martial Law Declaration

South Korea's joint investigation team has twice requested President Yoon Suk Yeol's appearance for questioning over his six-hour declaration of martial law on Dec. 3, which was rescinded by the National Assembly; the team may seek a court warrant for his detention if he doesn't comply, while the Co...

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China Jails Japanese Woman for Actions in Japan: First Known Case

A Chinese-born Japanese language school executive was detained in Shanghai in 2015 and sentenced to six years in prison for allegedly conveying a Chinese diplomat's views on the Senkaku Islands to the Japanese government, marking the first known case of China prosecuting someone for actions within J...

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Henoko Base Relocation: Sand Deposition Begins Amidst Ongoing Opposition

Sand deposition began December 28, 2023, at Henoko to reinforce soft soil for the U.S. Marine Corps Air Station Futenma relocation, a project facing local opposition and expected to last until around 2036.

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Millions Visit St. Francis Xavier's Relics in Goa

Millions of visitors attended the decennial exposition of the relics of St. Francis Xavier in Old Goa, India, from November 21 to January 5, 2024, highlighting the saint's enduring influence and Goa's unique Christian heritage, with the Vatican sending a delegation and the event expected to generate...

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Ghosn Slams Nissan-Honda Merger as Unworkable

Carlos Ghosn, from Lebanon, criticized Nissan's planned merger with Honda, citing operational overlaps and a lack of synergy, hours before the merger announcement was made public on Monday.

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Trump Wins 2024 U.S. Presidency

Donald Trump won the 2024 U.S. presidential election with a decisive victory over Kamala Harris, securing all seven battleground states and the popular vote, despite a prior conviction, reflecting voter concerns about inflation and immigration.

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Japan Approves Tax Reforms to Fund Defense Spending, Raising Concerns About Fiscal Health

Japan's ruling parties approved tax reforms to fund a 43 trillion yen defense budget increase starting in 2026, raising corporate and tobacco taxes while also increasing income thresholds for young adults, despite concerns about reduced government revenue.

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