Federal Reserve Gov. Lisa Cook attends a Federal Reserve Board open meeting discussing proposed revisions to the board's supplementary leverage ratio standards, in Washington in June.
BUSINESS / Economy
Sep 16, 2025
U.S. appeals court rejects Trump bid to oust Fed's Lisa Cook
The attempt to fire the Federal Reserve governor was the first by a president since the central bank's founding in 1913.
U.S. President Donald Trump’s most concrete step to rein in unprecedented budget deficits — sweeping tariff hikes — faces the danger of a legal reversal that would put the nation’s finances on an even shakier footing.
BUSINESS / Economy / FOCUS
Sep 14, 2025
Tariffs face legal threat that puts Trump’s deficit plan at risk
U.S. President Donald Trump’s most concrete step to rein in unprecedented budget deficits — sweeping tariff hikes — faces the danger of a legal reversal that would put the nation’s finances on an even shakier footing.
U.S. Treasury Secretary Scott Bessent and Japanese Finance Minister Katsunobu Kato reaffirmed in a joint statement their commitment to allowing markets to determine currency exchange rates and not targeting them for competitive advantage.
BUSINESS / Economy
Sep 12, 2025
U.S. and Japan pledge not to manipulate forex for competitive advantage
Tokyo has spent close to $150 billion in the last three years trying to prop up the yen with the last move in July last year.
Business sentiment among major Japanese companies turned positive for the first time in two quarters in July to September, according to a government survey released Thursday.
BUSINESS / Economy
Sep 11, 2025
Sentiment among big Japanese firms turns positive for first time in two quarters
The business sentiment index represents the proportion of firms seeing their business conditions improve from the previous quarter minus that of those feeling the opposite.
The Bank of Japan's wait-and-see approach is likely to continue given the political climate and the tariff situation.
BUSINESS / Economy
Sep 11, 2025
Rate increase in Japan less likely following Ishiba's resignation
Political uncertainty will make a move higher in October difficult.
U.S. President Donald Trump South Korean leader and Lee Jae Myung meet in the Oval Office of the White House in Washington on Aug. 25.
BUSINESS / Economy
Sep 10, 2025
U.S. and South Korea in deadlock over $350 billion investment fund
Seoul has been emphasizing to U.S. officials that it cannot accept the same terms as Japan’s $550 billion investment pledge finalized last week.
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden of the White House in Washington on April 2.
BUSINESS / Economy
Sep 10, 2025
U.S. Supreme Court to review Trump tariffs on fast-track schedule
The justices said they will hear arguments in the first week of November, an unusually aggressive schedule that suggests the court will try to resolve the case quickly.

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Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’