Japan firms should not ‘miss bus’ on India, commerce chief says

India’s vast economic potential has much to offer Japanese companies that move quickly to invest in the market, Indian Commerce and Industry Minister Piyush Goyal told Nikkei.

“I do hope Japanese companies will take faster decisions and not miss the bus,” Goyal said in an interview…[Read more]

Germany: Arrest warrant issued for far-right politician

Daniel Halemba, who recently won a seat in Bavaria’s state parliament, is being sought for an undisclosed reason. However, the 22-year-old was part of a student fraternity being investigated for displaying Nazi symbols.

An arrest warrant has been issued for the newly-elected far-right…[Read more]

UN General Assembly calls for humanitarian truce in Gaza

The United Nations General Assembly has voted in favor of a resolution calling for an immediate humanitarian truce in Gaza. The nonbinding resolution was backed by 120 countries, while 45 abstained and 14 voted against it.

Germany risks falling back into recession as car industry sputters

Industrial production in Europe’s biggest economy fell 1.5% in June compared with May, driven by a 3.5% drop in Germany’s vast automotive sector.

The decline in German industrial output, much steeper than forecast by economists, raises the risk that the manufacturing hea…[Read more]

Germany spends big to win $11 billion TSMC chip plant

Taiwanese chipmaker TSMC on Tuesday committed 3.5 billion euros ($3.8 billion) to a factory in Germany, its first in Europe, taking advantage of huge state support for the $11 billion plant as the continent seeks to bring supply chains closer to home.

The plant, which will be TSMC’s third o…[Read more]

Germany’s Day of Libraries tries to keep book interest alive

Though 21st century youngsters may be more likely to have cell phones in their hands instead of books, or turn to a YouTube influencer for inspiration rather than to Shakespeare, Germany is keen to preserve local reading culture.

While most of the gadgets teenagers use nowadays have…[Read more]

Moment bridge brought down in controlled explosion in Germany

A motorway bridge was blown up in a controlled explosion near the town of Beselich in Germany.

The 135m (443ft) long Kerkerbachtal bridge collapsed within seconds after explosives placed on its pillars were detonated.

The bridge, built in 1960, was part of the old route now being…[Read more]

Escape to Turkey’s otherworldly landscape

Erosion shaped the incredible landscape of Turkey’s Göreme valley, but thousands of years ago humans took a cue from Mother Nature and began carving an incredible chamber and tunnel complex into the soft rock. Beginning in the fourth century A.D., an urbanized—but underground—cultural landscape was crea…[Read more]

Envoys in Ankara celebrate 100th year of Turkish republic

Ambassadors of several countries in Ankara celebrated the 100th anniversary of the Republic of Türkiye.

Italy’s ambassador, Giorgio Marrapodi, said the Oct. 29 centennial celebrations in Türkiye is a commemoration that fills the entire country with joy, pride, and a sense of ide…[Read more]

Istanbul’s consulate chronicles: Sudhi Choudhary, Consul General of India

Welcome to our exclusive interview series featuring consul generals residing in the vibrant city of Istanbul. From the historical and cultural richness of Istanbul to the diplomatic intricacies they navigate daily, join us as we uncover the fascinating stories and insights…[Read more]

Türkiye ramps up investor diplomacy as economy chief starts Gulf tour

Turkiye’s economy chief along with Turkish officials kicked off Monday the Gulf tour during which he is engaging with investors from the United Arab Emirates (UAE), Qatar and Saudi Arabia to attract foreign capital and bolster the country’s policy overhaul.

Starting with the…[Read more]

Israel is clear about its intentions in Gaza – world leaders cannot plead ignorance of what is coming

If I knew then what I know now. For many of the guilty men and women who plunged Iraq into blood and chaos, this became something of a stock phrase. When, in 2004, the then Tory leader, Michael Howard, was asked if he would still have supported t…[Read more]

Turkey’s president submits bill to ratify Sweden’s Nato membership

Turkey’s president, Recep Tayyip Erdoğan, has removed one of the final hurdles blocking Sweden from joining Nato by submitting a bill approving membership to parliament for ratification.

The move on Monday was in line with a commitment Erdoğan made to Nato at its summit in July…[Read more]

Fushimi Inari Shrine (伏見稲荷大社, Fushimi Inari Taisha) is an important Shinto shrine in southern Kyoto. It is famous for its thousands of vermilion torii gates, which straddle a network of trails behind its main buildings. The trails lead into the wooded forest of the sacred Mount Inari, which stands at 233 meters and belongs to the shrine grou…[Read more]

Kyoto (京都, Kyōto) served as Japan’s capital and the emperor’s residence from 794 until 1868. It is one of the country’s ten largest cities with a population of 1.5 million people and a modern face.

Over the centuries, Kyoto was destroyed by many wars and fires, but due to its exceptional historic value, the city was dropped from the list of targ…[Read more]

Asian shares mostly rise after U.S. stocks wobble as Treasury bond yields veer

TOKYO
Shares mostly rose Tuesday in Asia after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after creeping above 5%.

Benchmarks rose in Tokyo, Sydney, Seoul, Shanghai and Taiwan, but fell in Hong Kong.

Rapidly rising yields in the…[Read more]

IMF projects Japan’s GDP to fall to world’s 4th in 2023 after Germany

WASHINGTON
Japan’s nominal gross domestic product in 2023 is expected to slip from third to fourth in the world on a U.S. dollar basis, to be overtaken by Germany, on the back of the yen’s depreciation, recent International Monetary Fund projections showed.

As the nominal GDP…[Read more]

Japan to extend gasoline, energy subsidies through April

TOKYO
The Japanese government is planning to extend subsidies aimed at curbing gasoline and other fuel prices as well as utility bills from the end of this year to the end of April, a source familiar with the matter said Tuesday.

The government will consider phasing out gasoline subsidies…[Read more]

Evacuation of German nationals from Israel underway

Special flights evacuating German nationals from Israel are underway. Germany has been working with Lufthansa to organize repatriation flights for its citizens. The first evacuation flight landed at Frankfurt Airport on Thursday.