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May 22, 2025
 

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Francis Tang
Finance Minister Katsunobu Kato (right) and Bank of Japan Gov. Kazuo Ueda wait for a group photograph at the Group of Seven finance ministers and central bank governors’ meeting in Banff, Alberta, Canada, on Wednesday.
BUSINESS / Economy
May 22, 2025
Japan and U.S. finance officials back market control of foreign exchange rates
Finance Minister Katsunobu Kato and U.S. Treasury Secretary Scott Bessent made no mention of any specific currency level targets.
An aircraft approaches Haneda Airport. During the month of June, many travelers from South Korea landing at the airport will be eligible for fast-track entry procedures.
BUSINESS
May 21, 2025
Japan and South Korea to trial priority lanes for travel between the countries
The one-month trial program in June will be available to passport holders from either country who have visited the other at least once within the previous year.
Ryosei Akazawa, Japan’s chief tariff negotiator, at a news conference on Tuesday. He said that when Japan states it wants the tariffs reviewed, it means Tokyo wants them removed.
BUSINESS / Economy
May 20, 2025
Japan confirms hard-line position ahead of possible tariff talks in Washington
Tokyo wants all new levies put into place by the administration of U.S. President Donald Trump completely removed.
Chief tariff negotiator Ryosei Akazawa and his delegation in the Oval Office of the White House in April. Since then, Japan's trade negotiations with the U.S. have produced no tangible results.
BUSINESS / Economy / FOCUS
May 16, 2025
Akazawa's dilemma: no tariff deal or a half-baked deal
Japan has realized the U.S. has no intention of seriously talking about duties on automobiles now.
Ryosei Akazawa, Japan's tariff czar, after the first round of talks in Washington. Media reports indicate he may be headed back to the United States next week for the third round of negotiations.
BUSINESS / Economy
May 15, 2025
Third round of U.S.-Japan tariff talks may be held next week: report
Akazawa’s two previous visits to Washington yielded no tangible results.
Prime Minister Shigeru Ishiba at the White House earlier this year. Ishiba said Monday that farmers won't be sacrificed for automakers in Japan's tariff negotiations with the U.S.
BUSINESS / Economy / FOCUS
May 12, 2025
Japan might be playing long game in U.S. tariff talks
Tokyo is resisting making any major concessions, possibly in the hope that mounting domestic pressure will force U.S. President Donald Trump to give it a better deal.
Ryosei Akazawa, Japan’s top tariff negotiator, speaks to the press on Friday. Japan and the United States are still discussing what to negotiate.
BUSINESS / Economy
May 9, 2025
Japan stuck at starting line in tariff talks with U.S. as U.K. inks deals
The U.S. has warned that comparing Japan with the U.K. was apples and oranges, and that getting over the line with many countries will be a slow and arduous process.
Japan's Economic Revitalization Minister Ryosei Akazawa speaks to the press upon his arrival at Haneda Airport on April 18. He has said that all tariffs need to be reconsidered by the United States.
BUSINESS / Economy
May 7, 2025
U.S. and Japan remain far apart on tariffs
While both sides have said they will aim for a deal as soon as possible, they have also indicated that they aren't in a rush for a swift settlement.
U.S. Commerce Secretary Howard Lutnick (far left), U.S. Treasury Secretary Scott Bessent (left) and Ryosei Akazawa, Japan's chief tariff negotiator. The second round of tariff negotiations between Japan and the United States were held on Thursday in Washington.
BUSINESS / Economy
May 2, 2025
Second round of U.S.-Japan tariff talks ends inconclusively in Washington
Neither foreign exchange rates nor defense spending were discussed, said Ryosei Akazawa, Japan's chief tariff negotiator.
Stephen Dacus, incoming chief executive officer of Seven & I Holdings, speaks to reporters in Tokyo on April 24.
BUSINESS / Companies
May 1, 2025
Seven & I and Couche-Tard sign nondisclosure agreement
The move might signal that discussion on Couche-Tard's takeover proposal is moving forward.
Vietnamese Prime Minister Pham Minh Chinh (center) welcomes Prime Minister Shigeru Ishiba to the Government Office in Hanoi on Monday.
BUSINESS / Economy
Apr 28, 2025
Ishiba pledges deeper economic ties with Vietnam as Trump tariffs bite
Both countries face unprecedented economic turmoil as a result of the U.S. tariffs and are seeking ways to mitigate potential damage.
Vehicles travel along the 110 freeway in downtown Los Angeles. California's GDP has overtaken Japan's to become the world's fourth largest economy, according to the U.S. state.
BUSINESS / Economy
Apr 27, 2025
California says it overtakes Japan to become world’s No. 4 economy
Japan's annual GDP was surpassed by China in 2010 and Germany in 2023, positioning the country in fourth place.
Prime Minister Shigeru Ishiba speaks about U.S. tariffs in Tokyo last week.
BUSINESS / Economy
Apr 25, 2025
Japan doubles down on stimulus to counter effects of Trump tariffs
The government will implement measures that build on ones announced earlier with the aim of boosting domestic spending and shoring up corporate balance sheets.
Finance Minister Katsunobu Kato met with U.S. Treasury Secretary Scott Bessent in Washington on Thursday.
BUSINESS / Economy
Apr 25, 2025
No discussion of yen target, Kato says after Bessent meeting
The two countries possibly committing to a specific number in terms of the yen-dollar exchange rate has helped drive up the value of the Japanese currency.
Finance Minister Katsunobu Kato is is expected to meet with Treasury Secretary Scott Bessent in Washington.
BUSINESS / Economy
Apr 24, 2025
U.S. indicates no hard target for yen ahead of key trade talks
The United States has argued that the yen is too weak, making its value against the dollar a top agenda item in trade discussions.
Economic Revitalization Minister Ryosei Akazawa last week at Haneda Airport. The chief tariff negotiator believes the gap between the United States and Japan on trade issues remains wide.
BUSINESS / Economy
Apr 23, 2025
Mood shifts to measured optimism in U.S.-Japan trade dispute
Japan has so far engaged in a charm offensive aimed at staying onside while politely poking holes in the president's arguments and expectations.
Pope Francis waves to the crowd during his trip to Nagasaki Prefecture in November 2019.
JAPAN / Society
Apr 22, 2025
Japan joins world in mourning death of Pope Francis
Leaders commended the pontiff’s lifelong efforts in delivering the message of peace, which included a trip to Hiroshima and Nagasaki.
Prime Minister Shigeru Ishiba speaks at a parliamentary committee session in Tokyo on Monday, during which U.S. tariffs were discussed.
BUSINESS / Economy
Apr 21, 2025
Tokyo insists defense issues and tariff talks must remain separate
Mixing the two risks distorting the essence of each issue, Prime Minister Shigeru Ishiba says.
Ryosei Akazawa (third from right), Japan's tariffs negotiator, in a meeting with U.S. Secretary of the Treasury Scott Bessent (second from right) and other senior government officials on Wednesday in Washington
BUSINESS
Apr 18, 2025
Trump reiterates opposition to Nippon Steel’s purchase of U.S. Steel
Whether there is interplay between the tariff negotiations and the Nippon Steel-U.S. Steel deal has never been made clear.
Ryosei Akazawa, Japan's chief tariff negotiator, speaks to reporters in Washington on Wednesday.
BUSINESS / Economy
Apr 17, 2025
Japan and the U.S. begin tariff talks on good terms, but without breakthroughs
Prime Minister Shigeru Ishiba said there are still gaps between the respective stances of Japan and the U.S.
Shinjiro Koizumi takes farm ministry reins after predecessor's rice gaffe
Agriculture minister Taku Eto (left), who resigned on Wednesday, and former Environment Minister Shinjiro Koizumi
Nissan’s troubles might go all the way back to Ghosn 
A lot at a Nissan plant in Mexico. The company may have overextended itself during the Ghosn era.
Japan confirms hard-line position ahead of possible tariff talks in Washington
Ryosei Akazawa, Japan’s chief tariff negotiator, at a news conference on Tuesday. He said that when Japan states it wants the tariffs reviewed, it means Tokyo wants them removed.
Tokyo to cover cost of base service fees for water utilities through summer
The Tokyo Metropolitan Government is looking to make the cost of base service fees in water utility bills free during the summer, hoping the financial support will allow residents to turn on their air conditioners and protect themselves against heatstroke.
Trump’s wake-up call for India’s foreign policy
Indian Prime Minister Narendra Modi meets with U.S. President Donald Trump at the White House on Feb. 13. Trump’s coercive use of trade threats against India during the Pakistan military crisis has undermined trust in the U.S.-India partnership and exposed Washington as an unreliable security ally.
Beware of dubious websites offering cheap rice, consumer watchdog warns
Questionable websites appear to be taking advantage of consumers looking for cheaper rice online amid the high prices of the staple grain in the nation.
Onosato’s march to yokozuna could usher in golden age for sumo
Onosato (left) battles Gonoyama on Day 6 of the Summer Basho. With Onosato on the cusp of promotion to yokozuna, there could soon be two titans at the top of the sport fighting for titles.
A window into the mind of Esperantist and political activist Teru Hasegawa
Teru Hasegawa, Esperanto name Verda Majo, wrote leftist political essays during WWII.
Nissan’s troubles might go all the way back to Ghosn 
A lot at a Nissan plant in Mexico. The company may have overextended itself during the Ghosn era.
Random stabbing cases in Japan raise fears: Could the next victim be me?
Police officers stand guard on May 7 outside Todaimae Station in Tokyo's Bunkyo Ward after a random stabbing that injured a University of Tokyo student.

Podcast

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

Longform

A sinkhole in Yashio, which emerged in January, was triggered by a ruptured, aging sewer pipe. Authorities worry that similar sections of infrastructure across the country are also at risk of corrosion.
That sinking feeling: Japan’s aging sewers are an infrastructure time bomb
By Alex K.T. Martin

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