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August 11, 2025
 

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Then-Chinese Vice President Xi Jinping visits a school in South Gate, California, in February 2012. Experts say Xi won big in his standoff with U.S. President Donald Trump.
BUSINESS / Economy / ANALYSIS
May 13, 2025

Xi defiance pays off as Trump meets most China trade demands

Going forward, experts say, this will make the Chinese side confident that they have leverage over the U.S. in any negotiations.
Nissan CEO Ivan Espinosa in Tokyo as the company releases its results
BUSINESS / Companies
May 13, 2025

Nissan gets ‘wake-up call’ with $4.5 billion annual net loss

The company plans more than 10,000 job cuts globally in addition to the 9,000 cuts announced previously.
U.S. President Donald Trump speaks during the Saudi-U.S. business investment forum in Riyadh, Saudi Arabia, on Tuesday.
BUSINESS / Tech
May 14, 2025

Trump’s Middle East visit opens floodgate of AI deals led by Nvidia

Saudi Arabia and the United Arab Emirates are poised to win wider access to advanced AI chips from Nvidia and Advanced Micro Devices.
A Sony PlayStation 5 controller
BUSINESS / Companies
May 14, 2025

Sony profit forecast flattens under ¥100 billion tariff burden

New Sony Chief Executive Officer Hiroki Totoki’s first task is to navigate the entertainment group though a new era of a tariff-wielding United States.
South Korean presidential candidate Lee Jae-myung speaks in Goyang, South Korea, on April 27.
BUSINESS / Economy
May 14, 2025

South Korean think tank halves 2025 growth forecast to 0.8%

The revised outlook reflects the fallout from U.S. President Donald Trump’s tariff campaign on the trade-reliant nation as its presidential race hits full swing.
Cars on display at Nissan's headquarters in Yokohama on Tuesday. The automaker posted a massive annual net loss and confirmed that it plans to cut thousands of jobs worldwide.
BUSINESS / Companies
May 14, 2025

Japanese automakers looking at a ¥1 trillion hit from Trump tariffs 

No matter what happens, they expect the new levies to cost them a lot.
Scott Callon, CEO of Japan Display Inc, will step down on June 1 to take responsibility for the company's poor performance.
BUSINESS / Companies
May 16, 2025

Japan Display to cut 1,500 jobs in Japan on consecutive years of losses

The struggling maker of small and midsize liquid crystal display panels reported a consolidated net loss of ¥78.2 billion ($538.7 million) for fiscal 2024.
The Japanese economy flipped back into reverse in the first three months of the year, with consumption staying below its pre-pandemic level as inflation saps purchasing power.
BUSINESS / Economy
May 16, 2025

Japan’s economy shrank for the first time in a year before tariff jolt

The first contraction under Prime Minister Shigeru Ishiba adds to concerns about the resilience of the economy before tariffs came into effect.
Nippon Life Insurance will stop the practice of temporarily sending employees to work in sales departments of other companies, such as banks, judging that the arrangements may distort fair competition.
BUSINESS / Companies
May 16, 2025

Nippon Life to stop sending staff to sales departments at banks

Critics have said the practice has led to misconduct, in addition to reducing competition.
Nissan's Oppama plant in Yokosuka, Kanagawa Prefecture, may be closed as part of the struggling carmaker's streamlining efforts.
BUSINESS / Companies
May 18, 2025

Nissan to solicit early retirements while eyeing plant closures in Japan

The move comes after sources said a day earlier that the carmaker was considering closing two plants in Kanagawa Prefecture.
U.S. President Donald Trump arrives to deliver a speech marking his 100th day in office at Macomb County Community College Sports Expo Center in Warren, Michigan, on April 29.
BUSINESS / Economy / FOCUS
May 18, 2025

Trump’s deals cast China both as foe and prize, blurring signals

Pick through the details of recent U.S. trade negotiations and an outline of Donald Trump’s vision for the global economy starts to come into focus. As do its contradictions.
Cantourage employees inspect and process cannabis flowers at the company's production site at an undisclosed location in Bavaria, southern Germany, on April 29.
BUSINESS / Companies
May 19, 2025

High times for German cannabis firm amid medical boom

Cantourage's revenue totaled €51.4 million ($57.5 million) last year, a 118% increase on 2023.
Sakana AI Chief Operating Officer Ren Ito (left) and Mitsubishi UFJ Financial Group President Hironori Kamezawa in Tokyo on Friday. The companies have entered into a ¥5 billion ($34 million) deal to automate the creation of banking documents.
BUSINESS / Companies
May 19, 2025

Sakana AI and MUFG sign agreement to automate creation of banking documents

The AI Scientist, which was originally designed for automating scientific discovery, including manuscript writing and peer review, will be used.
Wendy McMahon, CEO of CBS News, speaks during the Axios BFD event in New York on Oct. 12, 2023.
BUSINESS / Companies
May 20, 2025

CBS News boss resigns amid tensions with Trump admin

"The past few months have been challenging," CEO Wendy McMahon wrote in a goodbye letter to staff. "It's become clear that the company and I do not agree on the path forward."
Huawei Technologies has unveiled its first in-house operating system for personal computers.
BUSINESS / Tech
May 20, 2025

Huawei unveils in-house operating system to replace Windows

The rollout of HarmonyOS on the company's new laptops comes as China pushes to replace American technologies amid rising geopolitical tensions.
A lot at a Nissan plant in Mexico. The company may have overextended itself during the Ghosn era.
BUSINESS / Companies / FOCUS
May 20, 2025

Nissan’s troubles might go all the way back to Ghosn 

Some analysts argue that aggressive expansion by the iconoclastic executive left the company overextended.
Seven & I Holdings plans to sell part of its stake in Seven Bank to Itochu, sources said, as a part of efforts to improve its corporate value by focusing on its convenience store business.
BUSINESS / Companies
May 21, 2025

Seven & I considers selling portion of Seven Bank shares to Itochu

The move is part of efforts to improve its corporate value by focusing on its convenience store business amid a bid to acquire it.
A branch of Danish jewelry maker Pandora in central Copenhagen on Feb. 6, 2024. Pandora CEO Alexander Lacik said the company is debating whether to raise prices globally or more in the U.S.
BUSINESS / Economy
May 21, 2025

Global retailers' tariff strategy risks spreading pain beyond U.S. consumer

Raising prices elsewhere to avoid big hikes in the U.S. risks fueling inflation in those other markets.
A RAV4 model in 2018. The latest generation of the compact crossover available later this year comes equipped with a standard or plug-in hybrid powertrain, dropping the gas-powered option that makes up the bulk of current sales in the U.S.
BUSINESS / Companies
May 21, 2025

Toyota takes all-hybrid plunge with its bestselling U.S. vehicle

Toyota has long been skeptical of the industry push to go all-in on fully electric vehicles, opting instead for a multipronged approach.
Elon Musk boards Air Force One at Joint Base Andrews in Maryland on March 21
BUSINESS / Tech
May 21, 2025

Musk commits to Tesla CEO role and plans political pullback

"If I see a reason to do political spending in the future, I will do it,” Musk said. "I do not currently see a reason.”
Tokio Marine Holdings, MS&AD Insurance Group Holdings and Sompo Holdings posted record consolidated net profits for the second straight year in fiscal 2024, which ended in March, driven by gains from the sale of cross-held shares, according to their earnings reports.
BUSINESS / Companies
May 21, 2025

All three major Japanese nonlife insurers log record net profits

Net profit went up some 1.5 times to ¥1,055.2 billion at Tokio Marine Holding.
The parliament passed a bill to revise the law regulating Nippon Telegraph and Telephone's operations at a House of Councilors plenary session on Wednesday.
BUSINESS / Companies
May 21, 2025

Japan enacts revised NTT law

The amendments to the NTT law no longer require the former state-run company to provide uniform fixed-line telephone services throughout the country.
A cargo ship bound for China during a ceremony at a port in the northern Taiwan city of Keelung. Skittish foreign investors have pulled nearly $11 billion out of Taiwan stocks this year.
BUSINESS / Markets
May 22, 2025

No place to hide from any China-Taiwan conflict, investors say

For investors, the options are to stay out of Taiwan completely or stay invested and hope for the best.
An Aeon store in Osaka. Aeon, the country’s largest supermarket chain operator, last month said it will launch a tender offer to make Tsuruha a consolidated subsidiary at ¥11,400 per share.
BUSINESS / Companies
May 23, 2025

Tsuruha shareholders to vote on criticized Aeon merger plan

The chorus reflects rising shareholder activism in Japan in recent years as the country’s governance reforms embolden investors.
U.S. President Donald Trump points as he boards Air Force One en route to New Jersey, at Joint Base Andrews, Maryland, on Friday.
BUSINESS / Companies
May 24, 2025

Trump announces Nippon Steel-U.S. Steel ‘partnership’ deal

Media reports said the agreement signaled the approval of a takeover of the iconic American company by the Japanese steelmaker.
At a warehouse managed by online grocer BigBasket in central Mumbai, employees work with military-like precision to pull off deliveries in just 10 minutes.
BUSINESS / Companies
May 26, 2025

In India's congested cities, delivery apps cash in

Delivery apps have faltered elsewhere in recent years, but sales in India have soared from $100 million in 2020 to an estimated $6 billion in 2024.
Tsuruha shareholders approved a merger plan with Welcia, which will result in an effective acquisition by supermarket chain Aeon.
BUSINESS
May 26, 2025

Tsuruha shareholders approve future merger with rival drugstore Welcia

Tsuruha, based in Sapporo, has announced it will integrate its operations with Welcia, the biggest force within the Japanese pharmacy industry, in December.
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

Despite Japan’s net external assets rising to a record high, it lost the top position to Germany.
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.
BUSINESS / Companies
May 28, 2025

Golden share fix proposed for knotty Nippon Steel-U.S. Steel deal

The plan would give the U.S. government a veto over certain company decisions.
A Skechers store in Times Square in New York. The company has announced plans to sell to investment firm 3G Capital in a take-private deal for about $9.4 billion.
BUSINESS / Companies
May 28, 2025

Retailers pummeled by Trump's trade war entertain more 'take-private' offers

Such companies have been hard-hit by rapidly shifting tariff announcements and are frustrated with an inability to provide earnings guidance.
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.
Japan starts survey on foreign nationals' unpaid resident taxes
In the most recent regular session of parliament, problems were highlighted regarding some foreign workers leaving Japan without paying outstanding taxes.
Summer bonuses at major Japan firms hit record
The fourth consecutive year of increase came after many firms raised their monthly wages this spring and as a result of solid earnings mainly among manufacturers.
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.
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.
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

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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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