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May 29, 2025
 

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BUSINESS

Economy

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Economy
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Global markets have fluctuated wildly since U.S. President Donald Trump announced so-called reciprocal levies in a sweeping executive order on April 2.
BUSINESS / Economy
U.S. trade court blocks Trump's global tariffs, dealing major blow to agenda
The U.S. Supreme Court may ultimately have the final say in the high-stakes case that could impact trillions of dollars in global trade.
BUSINESS / Economy
Japan offering fund to aid U.S. shipbuilding as part of tariff negotiations
The United States has called on allies including Japan to help revive U.S. shipbuilding, amid concerns over China's dominant share in the global market.
BUSINESS / Economy
Trump’s Nippon Steel bid support boosts Japan’s trade talk hopes
The apparent breakthrough raises the possibility that Japan could get some new traction in its bid to get tariffs on autos and other exports removed.
Bank of Japan Gov. Kazuo Ueda
BUSINESS / Economy
May 28, 2025
Ueda to monitor risk of high long-term bond yields affecting shorter-term rates
By Yoshiaki Nohara and Toru Fujioka
The comments come at a time of heightened concern about volatility at the long end of the bond market.
Chinese Premier Li Qiang delivers a speech during the ASEAN-GCC-China Economic Forum's official dinner in Kuala Lumpur on Tuesday.
BUSINESS / Economy
May 28, 2025
China aims to capitalize on U.S. tariff turmoil with new ASEAN-GCC forum
By Gabriel Dominguez
The summit with Southeast Asian and Arab Gulf states is the latest sign of more countries looking to join hands to fend off U.S. President Donald Trump’s tariff push.
The Japanese government will spend ¥288 billion to lower the cost of electricity and city gas by ¥3,000 for an average household from July to September.
BUSINESS / Economy
May 27, 2025
Japan to subsidize home energy bills through summer amid U.S. tariff impact
The government will spend ¥388 billion from budget reserves for the measures in its first fiscal spending in response to the Trump tariffs.
Prime Minister Shigeru Ishiba speaks at the government’s advisory Council on Economic and Fiscal Policy meeting on Monday at the Prime Minister's Office in Tokyo.
BUSINESS / Economy
May 27, 2025
Japan private sector backs 1% real wage growth per year over next five years
By Francis Tang
The plan was first mentioned by the government’s "new capitalism" panel earlier this month.
Japan lost its position as the world’s largest creditor nation for the first time in 34 years despite posting a record amount of overseas assets, with Germany overtaking the country.
BUSINESS / Economy
May 27, 2025
Japan loses top creditor status for first time in 34 years
By Erica Yokoyama
Despite Japan’s net external assets rising to a record high, it lost the top position to Germany.
Honduran Foreign Minister Eduardo Enrique Reina (left) and Chinese Foreign Minister Wang Yi before their meeting at the Diaoyutai State Guesthouse in Beijing on May 14
BUSINESS / Economy
May 27, 2025
Developing nations face 'tidal wave' of China debt, report finds
The poorest 75 countries are set to make "record high debt repayments" to China in 2025 of a combined $22 billion.
Bank of Japan Gov. Kazuo Ueda speaks during a conference hosted by the bank's Institute for Monetary and Economic Studies in Tokyo on Tuesday. Ueda gave the yen a boost by clearly indicating his intention to continue raising the benchmark interest rate if the economy improves as expected.
BUSINESS / Economy
May 27, 2025
Yen rises as Ueda indicates BOJ is still eyeing more rate hikes
By Toru Fujioka
The yen rose as high as 142.12 against the dollar immediately after Ueda's remarks.

Lessons from India-Pakistan war: Were China's arms overrated?
A Chinese J-10B fighter jet is put on display at the China International Aviation & Aerospace Exhibition in Zhuhai, China, in October 2016. The short May conflict between India and Pakistan became a live trial for Chinese arms, exposing vulnerabilities in its fighter aircraft and air defense systems.
Japan Post launches 'digital address' system
Under the "digital address" system launched by Japan Post, users can input seven-digit combinations of numbers and letters on online shopping and other websites, and their addresses will automatically appear on the sites.
Luxury Tokyo penthouse sold for over $65 million in new record
Sales of luxury properties in Tokyo, like Azabudai Hills’ Aman Residences, have pushed up average real estate prices in the capital.
Golden share fix proposed for knotty Nippon Steel-U.S. Steel deal
Nippon Steel headquarters in Tokyo. The U.S. government is poised to receive a so-called golden share in U.S. Steel as a condition for approving Nippon Steel's proposed acquisition of the American company.
Japan loses top creditor status for first time in 34 years
Japan lost its position as the world’s largest creditor nation for the first time in 34 years despite posting a record amount of overseas assets, with Germany overtaking the country.
Chinese parents are fueling Tokyo’s education race
More Chinese families are clustering in Tokyo's Bunkyo Ward, a district renowned for having the finest educational environment in Japan.
As ASEAN touts unity, Philippines seeks consensus on South China Sea
Philippine President Ferdinand Marcos Jr. (center), locks hands with Malaysian Prime Minister Anwar Ibrahim (left) and Sultan of Brunei Hassanal Bolkiah during a group photo at an Association of Southeast Asian Nations summit in Kuala Lumpur on Monday.
Eagle nest discovery sparks opposition to megasolar project
The white-tailed eagle's wintering grounds include Hokkaido, northern Honshu, the Russian coast, the southern Kamchatka Peninsula and the Kuril Islands.
Fighters already showing last season's playoff run was no fluke
Fighters starter Hiromi Ito pitches against the Hawks in Fukuoka on April 29.
A moving meditation: Finding serenity in tea ceremony across space and time
Drawn to tea ceremony while volunteering at a Japanese garden in Phoenix, Arizona, Michele Laudig (right) came to learn a “common language of movement and ritual” that brought her into new communities in New York City and Tokyo.

Podcast

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

Longform

Construction equipment sits idle in a park near Shiba Toshogu shrine in Tokyo's Minato Ward. While Japan has a history of treating its trees with reverence, green coverage is said to be lacking in most of the major cities.
Do Japan's trees no longer occupy the sacred space they used to?
By Eric Margolis

SUSTAINABLE JAPAN

Looking ahead to Yokohama’s Green × Expo 2027
Looking ahead to Yokohama’s Green × Expo 2027

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