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August 12, 2025
 

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BUSINESS

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The Jianxiawo Lithium mine in Yichun, Jiangxi province, China
BUSINESS / Markets
Lithium market erupts as CATL shuts one of world’s biggest mines
Tianqi Lithium jumped as much as 19% in Hong Kong, while Ganfeng Lithium Group surged 21%, and Australian miners rallied.
BUSINESS / Markets / FOCUS
The hottest new credit deals in Europe are anything to do with defense
There are few investing booms in the world right now that are bigger than the rush to tap into Europe’s military buildup.
BUSINESS / Markets
Japan index hits record high on earnings boost as other Asian markets ease
The 225-issue Nikkei Stock Average went up 2% and the Topix index hit a fresh record, trading above 3,000 for the first time.
Twelve months on from Aug. 5, 2024, when Japan’s stock benchmarks plummeted 12%, the broader Topix index is once again hovering near record highs.
BUSINESS / Markets / FOCUS
Aug 5, 2025
A year after Japan's stock meltdown, markets show resilience and promise
By Alice French and Aya Wagatsuma
Clearer BOJ messaging, corporate reforms and a better-than-feared U.S. tariff deal has traders in Japan's markets betting against a repeat of last year's crash.
A monitor in Tokyo shows the 225-issue Nikkei Stock Average dropping on Monday morning.
BUSINESS / Markets
Aug 4, 2025
Stocks in Japan slump after U.S. data spark growth worries
By Alice French and Momoka Yokoyama
The broader Topix Index and the blue-chip 225-issue Nikkei Stock Average pared some of their earlier losses but closed down 1.1% and 1.2%, respectively.
Workers carry solar panels to install them at a solar farm in the desert in Lingwu, Ningxia Hui Autonomous Region, China, on April 14.
BUSINESS / Markets
Aug 4, 2025
China's solar giants quietly shed a third of their workforces last year
By Colleen Howe
The trend shows how one of Beijing's hand-picked industries to drive economic growth struggled with overcapacity and tepid demand.
A drone view shows the Zubair Oil Field in Basra, Iraq, on January 16.
BUSINESS / Markets
Aug 4, 2025
China's independent oil firms elbow into Iraq's majors-dominated market
By Chen Aizhu and Ahmed Rasheed
Smaller Chinese producers are on track to double their output in Iraq to 500,000 barrels per day by around 2030.
A container ship approaches the Busan Port Terminal in Busan, South Korea, on July 23. Seoul's trade agreement with the U.S. brings one of the world’s biggest exporters into Washington’s emerging trade framework just a day before the deadline.
BUSINESS / Markets
Jul 31, 2025
U.S. sets South Korea tariff rate at 15% with energy and shipbuilding investment
By Heesu Lee, Soo-hyang Choi and Jennifer A Dlouhy
The agreement brings one of the world’s biggest exporters into Washington’s emerging trade framework just a day before the deadline.
Prime Minister Shigeru Ishiba, also president of the ruling Liberal Democratic Party, speaks to reporters at the party's headquarters in Tokyo on Monday. The party’s loss in the July 20 Upper House election has become the defining factor for the yen.
BUSINESS / Markets
Jul 30, 2025
Yen option traders brace for more weakness ahead of BOJ decision
By Mia Glass and David Finnerty
Analysts warn that Prime Minister Shigeru Ishiba may resort to populist spending to shore up support for his weakened coalition.
An advertisement for Louis Vuitton in Kuala Lumpur on Friday
BUSINESS / Markets
Jul 29, 2025
U.S. tariffs to test pricing by luxury brands already paying for dramatic hikes
By Mimosa Spencer and Sami Marshak
Estimates suggest big luxury companies already raised prices by 33% on average between 2019 and 2023.

Millions told to evacuate as heavy rain sparks flooding and landslides in Kyushu
Heavy rain falls in the city of Kumamoto on Monday morning.
Osaka Expo highlights the challenge of holding events in Japan's scorching summer
People huddle near a large fan blowing icy-cold mist at the Osaka Expo on July 12. Amid Japan's relentless summer heat, organizes have put myriad measures in place in order to keep guests safe.
Chinese vessels collide while pursuing Philippine boat in South China Sea
This handout video grab released and taken on August 11, 2025 by the Philippine Coast Guard shows an incident between a Chinese Navy vessel (left) and a Chinese Coast Guard ship as seen from a Philippine fisheries boat near Scarborough Shoal in the disputed South China Sea.
Weather agency warns of landslides and flooding in Kyushu as heavy rain continues
An embankment on the Amikake River that collapsed due to heavy rain in Aira, Kagoshima Prefecture, on Friday. Downpours continued in the Kyushu region over the weekend.
Tokyo’s WWII museums hold diverse views on war and peace
A carrier-based Type 52 Zero fighter marks the entrance foyer of Yasukuni Shrine's Yushukan, a museum that tells a more nuanced story of Japan's experience in World War II than the controversies around the shrine might suggest.
Osaka Expo highlights the challenge of holding events in Japan's scorching summer
People huddle near a large fan blowing icy-cold mist at the Osaka Expo on July 12. Amid Japan's relentless summer heat, organizes have put myriad measures in place in order to keep guests safe.
At Himawari Shokudo 2, Italian food with a Japanese soul
At Himawari Shokudo 2, chef Hozumi Tanaka serves Italian-inspired fare with a focus on Toyama produce, such as this appetizer of lightly blanched "hotaru ika" (firefly squid) served atop mixed wild plants and a crepe prepared from "yamato-imo" yam.
Cheer with caution: Expert advises sports fans have game plan for extreme heat
A Cardinals fan fans himself during the seventh inning of a game against the Pirates in St. Louis, Missouri, in June 2022.
Australia's warship selection signals Japanese defense industry's arrival
The Maritime Self-Defense Force's Mogami-class frigate. Australia's selection of an upgraded version of the Mogami-class warship for its next frigate class could prove to be a watershed moment for Japan’s defense industry.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.

Podcast

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

Longform

Koichi Tagawa’s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person
By Naoko Abe

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