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Japan's core inflation slowed in March and an index gauging broader price trends fell below 3% for the first time in over a year, as analysts try to gauge when the Bank of Japan will move again.
BUSINESS / Economy
Apr 19, 2024

Japan’s inflation cools ahead of BOJ policy board meeting

Consumer prices excluding fresh food rose 2.6% in March from a year ago, cooling from February’s 2.8% gain.
Bank of Japan Gov. Kazuo Ueda speaks at a news conference in Washington on Thursday alongside Finance Minister Shunichi Suzuki.
BUSINESS / Markets
Apr 19, 2024

BOJ's Ueda signals possible rate hike if weak yen boosts inflation

The BOJ will scrutinize how the yen's declines so far this year could affect the economy and prices, Ueda said.
The average daily room rate of hotels in Japan for March marked the highest level since August 1997, as the country saw a record number of foreign visitors in March.
BUSINESS / Companies
Apr 19, 2024

Japan hotel prices near 30-year high as weak yen lures record tourists

The average daily room rate for March was about ¥20,986 ($136), the highest level since August 1997 and a nearly 20% increase from the same period in 2023.
The main goal of Australian's new defense strategy is to change a potential adversary’s belief that it could achieve its ambitions with military force at an acceptable cost.
ASIA PACIFIC / Politics / ANALYSIS
Apr 19, 2024

Australia, like Japan, sees national security interests ‘farther afield’

The goal of Australia's new strategy is to change a potential adversary’s belief that it could achieve its ambitions with force at an acceptable cost.
Finance Minister Shunichi Suzuki speaks during an event in Washington on Thursday.
BUSINESS / Markets
Apr 20, 2024

Japan finance chief issues fresh warning on excessive yen moves

Finance Minister Shunichi Suzuki repeated his warning to investors against pushing down the yen too much.
New York police said the man, who they identified as Max Azzarello of St. Augustine, Florida, did not appear to be targeting Trump or others involved in the trial.
WORLD / Crime & Legal
Apr 20, 2024

Man sets self on fire outside New York court where Trump trial underway

Police said the man, who they identified as Max Azzarello of St. Augustine, Florida, did not appear to be targeting Trump.
More than half of respondents in a recent survey say they would continue to buy a product at the same supermarket even if prices rose by 10%.
BUSINESS / Economy
Apr 22, 2024

Higher price tolerance among Japan's shoppers supports further BOJ rate hikes

A recent survey by an inflation expert showed that more than half of respondents would keep buying a supermarket product even if prices rose by 10%.
Shai Gilgeous-Alexander (right) reacts after a play during the Thunder's win over the Pelicans in Game 1 of their Western Conference playoff series in Oklahoma City, Oklahoma, on Sunday.
BASKETBALL / NBA
Apr 22, 2024

Thunder hold off Pelicans in Game 1 thriller

The Thunder earned a thrilling 94-92 victory in their playoff opener.
BASEBALL / Sac Bunts
Apr 22, 2024

Resurgent Tomoyuki Sugano off to strong start on mound for Giants

Sugano is off to a 2-0 start in three outings this season.
Former U.S. president and Republican presidential candidate Donald Trump arrives to court on the first day of opening statements in his trial in New York on Monday.
WORLD / Politics
Apr 23, 2024

On first day of Trump hush money trial, prosecutors say he corrupted 2016 election

New York prosecutors said on the first day of Donald Trump's criminal hush money trial that the former president corrupted the 2016 election.
The dollar's resurgence has come on the back of a slew of signs that the U.S. economy avoided the slowdown many anticipated.
BUSINESS / Markets
Apr 23, 2024

U.S. dollar’s extended reign delivers stark wake-up call to markets

Global investors are talking about "U.S. exceptionalism” after a predicted slowdown to the nation's economy didn't transpire.
Bank of Japan Gov. Kazuo Ueda hasn’t ruled out responding to exchange rates with a policy move if the impact on prices is seen to be "non-negligible.”
BUSINESS / Economy
Apr 23, 2024

BOJ to hold rates with focus on hawkish signals to buoy yen

Gov. Kazuo Ueda and his fellow board members are set to keep the short-term rate around 0% to 0.1% at the end of their two-day policy meeting.
Smoke rises following Israeli strikes in Rafah, in the southern Gaza Strip, on Monday.
WORLD / Politics
Apr 23, 2024

As Iran tensions ease, Israel turns sights back on Hamas and Rafah

The Israeli prime minister has pledged to "increase the military and diplomatic pressure” on Hamas, aiming to free hostages and declare victory.
Sudanese refugees fleeing the conflict in the country's Darfur region cross the border into Chad in August.
COMMENTARY / World
Apr 23, 2024

Humanitarian catastrophes and the world's forgotten conflicts

Tragically, there are global catastrophes that, by virtue of their longevity and their distance from us, have fallen out of sight.
Former U.S. President Donald Trump leaves the Manhattan Supreme Court on the sixth day of the hush-money trial against him on Tuesday.
WORLD / Politics
Apr 24, 2024

Ex-tabloid CEO says he bought and killed stories about Trump affairs

The National Enquirer's ex-CEO said he deliberately didn't publish stories about Donald Trump's affairs to help the former president's 2016 election.
Former U.S. President Donald Trump and Taro Aso, vice president of Japan's ruling Liberal Democratic Party, in New York on Tuesday. The Japanese government’s top spokesman on Wednesday played down the meeting as one conducted "in the capacity of one lawmaker" and “without the government’s involvement.”
JAPAN / Politics
Apr 24, 2024

Japan's former PM Aso meets Trump for talks on security and economy

The visit highlights behind-the-scenes moves by Tokyo to cultivate ties with the Trump camp ahead of November’s U.S. presidential election.
An electronic board in Tokyo showing the yen-dollar rate on Wednesday
BUSINESS / Markets
Apr 24, 2024

Japan ‘very close’ to yen intervention, former top currency official says

Market reaction to U.S. data could encourage Japanese authorities to act about the yen, according to Mitsuhiro Furusawa.
The yen’s slide has pushed up import bills in Japan, keeping domestic consumer spending tepid, with analysts saying any gains in real wages may evaporate if the yen depreciates further.
BUSINESS / Economy
Apr 24, 2024

Investors loved weak yen boosting shares until it went too far

Concern is growing that the currency is becoming a liability for Japan’s economy and stocks.
Mitsuko Tottori became Japan Airlines’ first female CEO on April 1, having risen through the ranks as a flight attendant and heading the flight attendant and customer experience divisions.
BUSINESS / Companies
Apr 25, 2024

New JAL chief concerned about yen’s ‘excessive’ weakness

While a weaker currency helps spur inbound tourism, it is curbing demand for overseas travel for people in Japan, Mitsuko Tottori says.
Caleb Williams poses with NFL Commissioner Roger Goodell after being selected by the Chicago Bears with the No. 1 overall pick in the NFL draft in Detroit on Thursday.
MORE SPORTS
Apr 26, 2024

Bears take Caleb Williams with No. 1 pick to start QB rush at NFL draft

Five quarterbacks went in the first 10 picks with no defensive players selected.
Lebanon's Hezbollah leader Sayyed Hassan Nasrallah
WORLD / Politics
Apr 26, 2024

Israel prepares forces as conflict with Hezbollah intensifies

Israeli forces have been exchanging cross-border fire with Hezbollah almost daily since October as the potential for an all-out war only grows.
A woman walks past the Bank of Japan headquarters in central Tokyo on Friday.
BUSINESS
Apr 26, 2024

BOJ leaves policy unchanged despite yen’s continued weakness

Investors and market observers had been watching for whether the bank would send more hawkish signals to prop up the Japanese currency.
Currency rates at an exchange shop in Tokyo on Friday.
BUSINESS
Apr 26, 2024

Yen swoons in jittery trading in wake of BOJ standing pat

The yen’s extended slump has heightened speculation that authorities may intervene in the market.
The Anegasaki gas-fired power station in Chiba Prefecture
BUSINESS
Apr 26, 2024

Rapidly weakening yen threatens higher power bills

Pricier power illustrates the far-reaching impact of the yen’s decline.
A monitor shows the yen's sharp decline to  ¥158 to the dollar on Saturday morning in Tokyo.
BUSINESS / Markets
Apr 27, 2024

Yen drops beyond ¥157 per dollar as BOJ keeps key rate unchanged

Japan’s currency weakened as much as 1.4% on the day and touched a session low of ¥157.79 per dollar in afternoon trading in New York.
The top leader of Palestinian militant group Hamas, Ismail Haniyeh, meets with the Iranian president in Tehran on March 27.
WORLD / Politics
Apr 27, 2024

Hamas says it received Israel's response to its cease-fire proposal

After more than six months of war, negotiations remain deadlocked, with Hamas sticking to its demands that any agreement must end the conflict.
A truck rolls off a cargo vessel docked at Esbjerg Port in Ebjerg, Denmark. European Union food imports to the U.K. are about to get more expensive and complicated as the British government implements the Brexit deal.
BUSINESS / Companies
Apr 27, 2024

Britons finally taste full Brexit as costly border checks begin

From April 30, the U.K. will impose checks on European Union food imports — a stark reversal from the pre-Brexit era of frictionless trade.
Finance Minister Shunichi Suzuki has reiterated the government's readiness to take an appropriate action as the yen continues to slide against the U.S. dollar.
BUSINESS / Markets / FOCUS
Apr 28, 2024

When will Japan intervene to support the yen?

The yen hit a 34-year low past ¥158.40 per dollar in U.S. trading on Friday, after the BOJ announced a decision to keep its monetary policy unchanged.
Palestinian children stand amid the debris of a house destroyed by overnight Israeli bombardment in Rafah, in the southern Gaza Strip, on Saturday.
WORLD / Politics
Apr 28, 2024

Some U.S. officials say Israel may be violating international law in Gaza

A joint submission from four U.S. bureaus raised "serious concern over non-compliance" with international humanitarian law.
A man, identified as Keith Siegel, 64, speaks in a video released Saturday by Hamas that appeared to show two Israeli hostages who have been held in the Gaza Strip since the Oct. 7 attack on southern Israel, in this screenshot.
WORLD / Politics
Apr 28, 2024

Hamas releases video of two hostages as it weighs cease-fire

The Palestinian militant group’s military wing posted a video showing American Israeli citizen Keith Siegel, 64, and Israeli Omri Miran, 47.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.