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July 11, 2026
 

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IRAN

PayPay and a SoftBank Group unit aim to raise up to $1.1 billion in what would be the largest-ever U.S. IPO by a Japanese company.
BUSINESS / Companies
Mar 3, 2026
PayPay and SoftBank seek $1.1 billion in payments firm’s U.S. IPO
The digital payments firm’s initial public offering is expected to price on March 11.
The U.S. attacks on Iran contradict Washington’s stated strategic priorities, risk draining resources from the Indo-Pacific focus on China and expose the persistent dilemma of Middle East entanglements.
COMMENTARY / World
Mar 3, 2026
The Middle East ensnares another U.S. president
Trump’s attack on Iran undermines the credibility of objections to Chinese aggression.
A protester holds an image of Iranian Supreme Leader Ayatollah Ali Khamenei as supporters of Iraqi Shi'ite armed groups attempt to move toward the U.S. embassy in Baghdad on Sunday.
BUSINESS / Tech
Mar 3, 2026
Prediction market bets on Iran strikes stoke insider trading and ethics scrutiny
Bets on the ouster of Ayatollah Ali Khamenei drew criticism of platforms such as Polymarket and Kalshi, sparking calls from U.S. lawmakers to outlaw wagers on military actions.
Traders work on the floor of the New York Stock Exchange at the opening bell on Monday. The biggest risk for markets is the uncertainty over what happens next in Iran.
BUSINESS / Markets
Mar 3, 2026
Investors wrestle with Middle East curveball scenarios
The biggest risk for markets is the uncertainty over what happens next in Iran, given the complexities of the Islamic Republic’s ruling system.
Smoke rises after an explosion in Tehran on Monday.
WORLD / Politics
Mar 3, 2026
Iranians evade internet blackout to share images of airstrikes
Photos are being shared over social media and Telegram, while digital activists map the strikes in real time to help keep citizens informed and safe.
An aerial view of the Iranian shores and the island of Qeshm in the strait of Hormuz on Dec. 10, 2023
BUSINESS
Mar 3, 2026
Strait of Hormuz impasse squeezes world shipping
With few willing to brave the strait as war rages, companies will have to do business without one of the world’s most vital shipping lanes, especially for oil and gas.
A drone is shown during Iran’s annual Army Day parade on April 18, 2025, in Tehran.
WORLD
Mar 3, 2026
Iran’s missile math: $20,000 drones take on $4 million Patriots
Both Tehran and Washington may run low on weapons in a matter of days or weeks. Whoever can last longer will gain a serious advantage.
U.S. Navy Admiral Brad Cooper, commander of U.S. Central Command, on Feb. 7
WORLD
Mar 2, 2026
Three U.S. warplanes mistakenly shot down by Kuwait air defense
CENTCOM added that all six aircrew ejected and were safe.
Travelers ask about flights to Dubai at a check-in counter at Hong Kong International Airport in Hong Kong on Monday, amid airline cancellations due to conflict in the Middle East.
ASIA PACIFIC / Society
Mar 2, 2026
Chinese citizen killed in Iran conflict and over 3,000 evacuated, Beijing says
Work groups set up by Chinese embassies and consulates in neighboring countries will receive and assist those evacuated, a foreign ministry spokesperson told a news briefing.
Smoke rises after coordinated U.S. and Israeli airstrikes in Tehran on Sunday, as joint military operations hit targets in the capital.
JAPAN / Politics
Mar 2, 2026
Trump’s Iran attacks put Japan in tough spot as it emphasizes rules-based order
Japan is seeking to balance its strong support for the rule of law with its need to maintain its robust alliance with the U.S.
U.S. President Donald Trump boards Air Force One before departing Palm Beach International Airport in Palm Beach, Florida, on Sunday, on his way back to Washington amid U.S. and Israeli strikes on Iran.
WORLD
Mar 2, 2026
Pentagon tells Congress no sign that Iran was going to attack U.S. first
The United States and Israel have launched their most ambitious attacks on Iran in decades, killing Supreme Leader Ayatollah Ali Khamenei and hitting targets across the country.
It is feared logistics costs for Europe-bound Nintendo's Switch 2 consoles will rise in the wake of U.S.-Israeli strikes on Iran.
BUSINESS / Companies
Mar 2, 2026
Nintendo shares slide on fears of rising Mideast shipping costs
Nintendo heavily relies on sea freight to transport its $450 console from assembly hubs in Asia.
The National Police Agency headquarters in Tokyo. The agency is requesting thorough security measures at the U.S. Embassy in Tokyo and U.S. consulates and military bases across Japan, as well as locations linked to Israel and Jewish communities nationwide.
JAPAN
Mar 2, 2026
Police to enhance security at U.S. and Israel-related facilities in Japan
In light of Iran’s suggestion of retaliation, Japan’s police departments will reinforce their security posture while also working to prevent disturbances or unexpected incidents.
U.S. First Lady Melania Trump departs following a State of the Union address in Washington on Feb. 24. She has dabbled in diplomacy before, notably working to try to secure the release of Ukrainian children abducted by Russia.
WORLD / Politics
Mar 2, 2026
Melania Trump to chair U.N. Security Council as Iran war rages
Political and financial tensions have mounted between the U.S. and the United Nations in recent years, with Washington chafing at its role as the main contributor to the U.N.
Smoke rises after Israeli strikes in Beirut's southern suburbs on Monday.
WORLD
Mar 2, 2026
Israel strikes Beirut’s southern suburbs after Hezbollah attacks
Hezbollah, long one of Tehran’s principal allies in the Middle East, said it launched its attack against Israel in response to the killing of Supreme Leader Ayatollah Ali Khamenei.
Bank of Japan Deputy Gov. Ryozo Himino has said he is closely monitoring the situation in the Middle East as the outlook for the economy became murkier after the U.S.-Israeli strikes on Iran.
BUSINESS / Economy
Mar 2, 2026
BOJ deputy chief refrains from signaling rate hike in March
“I want to closely monitor the situation” in the Middle East, Bank of Japan Deputy Gov. Ryozo Himino said in a speech to local business leaders in Wakayama Prefecture.
Formula One drivers participate in preseason training in Sakhir, Bahrain, on Feb. 20.
MORE SPORTS / Auto Racing
Mar 2, 2026
Australian Grand Prix chief says Middle East travel issues will not impact race
Formula One teams recently completed preseason testing in the Gulf State of Bahrain, and many team personnel were scheduled to pass through Qatar or the United Arab Emirates.
The price of oil spiked after the attack on Iran by the U.S. and Israel and the closing of the Strait of Hormuz by Iran.
BUSINESS / Markets
Mar 2, 2026
Stocks trade lower in Tokyo and yen weak after the U.S. and Israel strike Iran
Politicians and economists argue that the situation in Japan is manageable unless the conflict becomes prolonged.
Smoke billows in Dubai after a projectile strike.
WORLD
Mar 2, 2026
With cherished landmarks hit, Iran attacks rattle Dubai
Residents were aghast as drones and missiles targeted the United Arab Emirates and America’s other Gulf allies, long-time refuges from regional conflict, on Saturday and Sunday.
Ali Larijani, former chair of the parliament of Iran, speaks at a news conference in Tehran on May 31, 2024. Larijani has held senior jobs throughout a career marked by loyalty to Supreme Leader Ayatollah Ali Khamenei and a reputation for pragmatic relations with the system's often-rival factions.
WORLD / Politics / FOCUS
Mar 2, 2026
In Khamenei’s absence, pragmatist Larijani emerges as power broker in Iran
Veteran Iranian politician Ali Larijani has been managing a broad portfolio, from nuclear negotiations to Tehran’s regional ties to its violent suppression of internal unrest.
China’s demand for Soviet-style apartments shows limits to revival
Apartments built during a Soviet Union-inspired construction drive in the 1970s and 1980s tend to suffer from poor insulation and outdated plumbing, but they are seeing a revival in interest due to their attractive locations.
Japanese payment processor’s collapse hits banks and restaurants
Zentoshin served around 200,000 shops, many of which rely on early payments to maintain cash flow, raising concerns over their financial stability following the disruption.
Lenders seek $700 million after Japanese payments firm’s collapse
The financial failure of Osaka-based Zentoshin has left 63 creditors with claims totaling ¥115.16 billion, according to Tokyo Shoko Research.
Over 70% of accommodations in Japan say they are understaffed amid tourism influx
The number of foreign visitors to Japan reached a high of 42.68 million in 2025.
Japan’s southwestern islands on high alert as Typhoon Bavi approaches
A woman walks out of a shop with duct-taped windows to prevent damage from Typhoon Bavi as it approaches, in Ishigaki, Okinawa Prefecture, on Thursday.
Japan’s largest exhibition of women photographers rights a wrong in cultural history
Miwa Yanagi’s “Elevator Girl House” series skewers the superficiality of gender roles through staged images.
Over 70% of accommodations in Japan say they are understaffed amid tourism influx
The number of foreign visitors to Japan reached a high of 42.68 million in 2025.
‘Princess Mononoke’ comes alive in Super Kabuki staging
The “Princess Mononoke” adaptation was created under Shochiku’s Super Kabuki initiative, a modern form of kabuki with more technology in staging and open to pop culture collaborations.
The beating heart inside ‘Human Vapor’
Different forms of love and connection form the emotional backbone of Netflix’s “Human Vapor,” says actor Shun Oguri, who plays troubled detective Kenji Okamoto.
Japan bets on character IP to drive global growth
Born on social media platforms in 2022, Opanchu Usagi has become a major hit, especially among Generation Z.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

The Terasaka Rice Terraces are seen with Mount Buko in the background.
What Yokoze can teach Japan about rural revival
By Alex K.T. Martin

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