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April 25, 2025
 

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U.S. Steel shares tumbled as much as 16% Wednesday after President Donald Trump made a fresh remark signaling his opposition to a buyout by Nippon Steel.
BUSINESS / Companies
Apr 10, 2025

Trump says he does not want to see U.S. Steel go to Japan

Trump told White House reporters that U.S. Steel is a special company, throwing cold water on expectations that Nippon Steel's buyout efforts might start to make progress.
Canadian Prime Minister Mark Carney speaks during a campaign rally in Calgary, Alberta, Canada, on Tuesday.
WORLD / Politics
Apr 10, 2025

Canada’s Mark Carney treads a fine line on climate in a tight election

In a nation whose energy sector is still dominated by oil and gas, the question is how much the new prime minister may need to play down his green resume in order to win.
Kazuyuki Masu, former executive vice president of Mitsubishi Corp., has been nominated as a new policy board member of the Bank of Japan.
BUSINESS / Economy
Apr 10, 2025

Ishiba picks ex-Mitsubishi executive Masu for BOJ board

Masu would replace Toyoaki Nakamura, a former Hitachi executive, whose five-year term ends on June 30.
U.S. Customs and Border Protection and Border Patrol agents chat beside a decorated Tahoe during the Border Security Expo in Phoenix, Arizona, on Wednesday.
WORLD / Politics
Apr 10, 2025

ICE chief says deportation system should run like Amazon Prime

Immigrant rights advocates condemned Todd Lyons’ comments as dehumanizing.
Australian Deputy Prime Minister and Defense Minister Richard Marles speaks in Sheffield, U.K. in July 2024.
ASIA PACIFIC / Politics
Apr 10, 2025

Australia turns down China's offer to 'join hands' to fight U.S. tariffs

Australia has rejected China’s proposal for a trade alliance against U.S. tariffs, opting instead to diversify its economic ties.
Producer prices of farm goods surged 19.7% in fiscal 2024 from the previous year, reflecting higher prices of rice sold to wholesalers.
BUSINESS
Apr 10, 2025

Japan producer prices rise 3.3% in fiscal 2024

According to a preliminary report by the Bank of Japan, the producer price index in the year through March hit a record high for the third straight year.
U.S. President Donald Trump holds a bag as he visits the Louis Vuitton Rochambeau Ranch leather workshop in Keene, Texas, in 2019.
BUSINESS / Companies
Apr 10, 2025

LVMH finds making Louis Vuitton bags messy in Texas

Former staff say Louis Vuitton’s Texas plant wastes up to 40% of leather and encouraged defect coverups to hit targets.
A device developed by Fujitsu and others that uses artificial intelligence technology to judge the fat content of frozen albacore tuna, on Wednesday in the city of Kawasaki, Kanagawa Prefecture
BUSINESS / Companies
Apr 10, 2025

Fujitsu and others use AI to evaluate tuna's fattiness

The device is expected to help expand the distribution of albacore tuna that can be eaten raw.
Japan needs a strong leader as it faces huge challenges. With Upper House and Tokyo gubernatorial elections coming up, the LDP needs to lay the groundwork for replacing Prime Minister Shigeru Ishiba, whose polls have entered the danger zone.
COMMENTARY / Japan
Apr 9, 2025

The window to replace Japan's accidental prime minister is nigh

Shigeru Ishiba isn't the right leader to weather Japan through the incoming storm. With Upper House elections this summer, it's time the LDP starts fielding his replacement.
First responders near the landing skids of a helicopter after it crashed into the Hudson River, in Newport, New Jersey, on Thursday.
WORLD
Apr 11, 2025

Helicopter crashes into New York's Hudson River, with all six aboard killed

The victims, the pilot and five passengers, were believed to include a family from Spain.
U.S. President Donald Trump attends a cabinet meeting at the White House in Washington on Thursday.
BUSINESS / Companies
Apr 11, 2025

Trump tariff pause leaves CEOs asking: What happens in 90 days?

Trump's tariff flip spurs a stock rally but sows deeper confusion for companies bracing for long-term trade fallout.
A trader works during the closing bell at the New York Stock Exchange (NYSE) on Thursday.
BUSINESS / Economy
Apr 11, 2025

Trump trade war with China revives recession and bear market fears

While announcing a 90-day tariff pause on dozens of countries, Trump ratcheted up tariffs on Chinese imports, raising them effectively to 145%.
Tokyo stocks tracked Wall Street lower as the United States and China hiked tariffs on imports from each other.
BUSINESS / Markets
Apr 11, 2025

Nikkei sinks as tariff-fueled selling resumes

An increase in U.S. levies on China to 145% has reignited concerns about the global economy and corporate profits.
Trading indexes at the New York Stock Exchange on Thursday. Bets worth millions of dollars placed on a rebound by unidentified options traders shortly before U.S. President Donald Trump's tariff pause are drawing scrutiny.
BUSINESS / Markets
Apr 11, 2025

Well-timed option trades ahead of Trump's tariff pause draw questions

Some unidentified options traders placed bets worth millions of dollars on a rebound minutes before the U.S. president's social media post sent the stock market rallying.
Berkshire Hathaway concluded a ¥90 billion ($628 million) bond deal on Friday, the smallest yen deal by investor Warren Buffett’s firm since it started tapping the Japanese market in 2019.
BUSINESS / Companies
Apr 11, 2025

Berkshire sells $628 million in yen bonds in smallest Japan deal

The move came despite sharp market volatility prompting several Japanese companies to cancel sales.
Fast Retailing Chairman and CEO Tadashi Yanai smiles during a news conference on Thursday in Tokyo's Minato Ward.
BUSINESS / Companies
Apr 11, 2025

Fast Retailing's first-half sales hit record high

The growth reflected strong domestic sales of Heattech heat-retention garments and down jackets.
Prime Minister Shigeru Ishiba gives instructions to Economic Revitalization Minister Ryosei Akazawa (third from left) and others at the Prime Minister's Office on Friday.
BUSINESS / Economy
Apr 11, 2025

Japan braces for talks on yen and BOJ in trade negotiations with U.S.

Ryosei Akazawa, who is heading the task force, is reportedly set to meet U.S. Treasury Secretary Scott Bessent next week.
The Osaka Prefectural Police headquarters in the city of Osaka
JAPAN / Crime & Legal
Apr 11, 2025

Japan Post employee arrested for mailing used condom to post office

According to the police, the envelope was addressed to a female employee working at the targeted branch.
Inter Miami's Lionel Messi celebrates after scoring against the Union during their game in Fort Lauderdale, Florida, on March 29.
SOCCER
Apr 11, 2025

MLS to open second phase of study to explore major overhaul of season

MLS currently plays from February to December but has been examining a plan to switch to start the campaign at the end of the summer and conclude in the spring.
Sony and Nintendo might have to raise the prices of their game consoles, which are assembled mainly in China and are shipped to the United States.
BUSINESS / Companies
Apr 11, 2025

Nintendo Switch 2 and Sony PS5 likely to get price hikes due to tariffs

Pricing could come close to $590 for the soon-to-be-released Nintendo Switch 2 or Sony’s PS5 Astro Bot bundle.
Bank of Japan Gov. Kazuo Ueda at a news conference in January. He has been in the top position for two years.
BUSINESS / Economy
Apr 11, 2025

After two years in top job, BOJ's Ueda faces his biggest challenge yet 

Communication will be more crucial from now on, as the economic outlook will be more uncertain than ever because of the U.S. tariffs.
The Four Seasons Hotel Osaka opened in 2024, just one of many new luxury accommodations the city boasts ahead of the 2025 World Expo.
LIFE / Travel
Apr 12, 2025

Osaka Expo-bound? Take your pick of the city’s new luxury hotels.

Increased capacity makes lodging a buyer’s market, as intense competition keeps prices down and encourages hotels to differentiate themselves from the pack.
A working group of the Japan Securities Dealers Association is discussing a revision to the current set of recommendations in order to prevent fraud in online transactions.
BUSINESS / Companies
Apr 11, 2025

Japan brokerage body weighs tougher moves to fight phishing scams

The move underlines the spreading concern around the sharp rise in unauthorized trades at some of Japan’s largest brokerages.
A China Shipping cargo container at a port in Long Beach, California, on Thursday
BUSINESS
Apr 11, 2025

China slaps 125% tariffs on U.S. goods but will 'ignore' further hikes

The move further deepens a trade war between the world's two largest economies.
Hyde Park's famed Speakers' Corner in London, which some call the home of free speech, is a place where anyone has the right to turn up every Sunday and talk about whatever is dear to their heart.
COMMENTARY / World
Apr 10, 2025

Britain's free-speech retreat can't be denied

Britain's climate for free expression is deteriorating, as seen in aggressive police crackdowns on peaceful activists and dissenters across the political spectrum.
The Bank of Japan's headquarters in Tokyo
BUSINESS
Apr 11, 2025

Price expectations rise in Japan as tariffs cloud BOJ rate path

Households expect average annual inflation of 9.6% over the next five years, the highest since June 2006.
U.S. President Donald Trump waves as he steps off Air Force One at Palm Beach International Airport in Palm Beach, Florida, on Friday.
BUSINESS / Economy
Apr 12, 2025

Trump defends policy as White House says he's 'optimistic' on China deal

President Donald Trump has insisted that his tariff policy is "doing really well," with the White House saying that 15 countries have offers "on the table."
People shop in Bayonne, New Jersey, on Tuesday. U.S. President Donald Trump has upended the world economy with sweeping tariffs that have raised the specter of an international recession.
BUSINESS / Economy
Apr 12, 2025

U.S. economists say recession risk still high after Trump tariff pivot

Despite U.S. President Donald Trump's decision this week to delay tariffs on major trading partners, experts remain pessimistic about the economy.
The offices of Kirkland & Ellis in Manhattan, New York, last June. Five more prominent law firms facing potential punitive action by U.S. President Donald Trump reached deals on Friday with the White House to provide a total of $600 million in free legal services to causes supported by the president.
WORLD / Politics
Apr 12, 2025

Law firm targeted by Trump sues as five other top firms make deals

The lawsuit comes as five other firms offered costly concessions to avoid the president's crackdowns.
Cargo is uploaded onto a China-Europe freight train at the China-Kazakhstan (Lianyungang) Logistics Cooperation Base in Lianyungang, China, on Thursday.
BUSINESS / Economy / FOCUS
Apr 12, 2025

Jolted by Trump, EU woos new partners from Asia to Latin America

The EU has embarked on a charm offensive to diversify its alliances, with summits lined up back-to-back and trade talks launched in all directions.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Japan must correct Trump’s false data for trade talks, says Kono
Former Foreign Minister Taro Kono
Japan wants to 'separate' tariff and security issues. That may be tough.
Japan’s chief tariff negotiator, Ryosei Akazawa, poses with a "Make America Great Again" cap at the White House in Washington on April 16.
Social media helps fuel growing 'sex tourism' in Japan
People walk down a street in the red-light entertainment area of Kabukicho in the Shinjuku district of Tokyo on March 31.
Japan set to fine cyclists on the spot for rule violations from 2026
Under new rules, those who use smartphones while riding a bicycle would be subject to the maximum fine of ¥12,000.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
Japan weighs using U.S. rice imports as tariff negotiation tool with Trump
A restaurant owner pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo
Is Japan’s parliament ready to welcome more youth to its ranks?
Lower House lawmaker Kai Odake in his Tokyo office on Wednesday
Crow meat, goat tartare: Mauvaise Herbe raises its game
Crow meat, shaped into a ball and attached to a foot of the bird, is one of the peculiar offerings of game at Mauvaise Herbe.

Podcast

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

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.
By Tomoko Otake

SUSTAINABLE JAPAN

Tsukuba massif granite, one of the world’s few heritage stones
Tsukuba massif granite, one of the world’s few heritage stones

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