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Bank of Japan Gov. Kazuo Ueda. The BOJ is getting into a tough spot between high inflation and a likely economic slowdown.
BUSINESS / Economy
Apr 28, 2025

BOJ to hit pause on rate-hike path as economic risks mount

Gov. Kazuo Ueda’s board is poised to keep the benchmark rate at 0.5% at the conclusion of the two-day gathering on Thursday, according to all 54 economists surveyed.
A Wall Street sign near the New York Stock Exchange on April 21
BUSINESS / Economy
Apr 28, 2025

Trump promised a markets boom. 100 days in, stocks have only seen damage.

The S&P 500 Index is down about 8% since his inauguration and on track for its worst run during a president’s first 100 days since Gerald Ford.
Tesla's store in Tokyo's Shibuya district. While sales of American cars in Japan appear to be shrinking, Tesla's presence in the country is growing.
BUSINESS / Economy / FOCUS
Apr 28, 2025

Counting the reasons why there are so few American cars in Japan

One reason is size, with American cars tending to be larger and not generally suited for driving in busy cities with many narrow roads, such as Tokyo.
There is strong demand for funding from Japanese companies as the economy emerges from years of deflation, and issuers are trying to pinpoint the best time to sell bonds before the Bank of Japan raises interest rates again.
BUSINESS / Companies
Apr 28, 2025

Revived corporate bond deals in Japan underline need for funding

Volatility is particularly tricky for Japan to navigate given that the market has been less exposed to extreme swings after years of rock-bottom interest rates.
People gather to protest outside the Office of Personnel Management (OPM) headquarters after the Elon Musk-led "department of government efficiency" (DOGE) was charged with oversight of OPM, in Washington on Feb. 2.
WORLD / Politics
Apr 28, 2025

100 days of DOGE: lots of chaos, not so much efficiency

"DOGE is not a serious exercise," said Jessica Riedl, a fellow at the Manhattan Institute, a fiscally conservative think tank that supports streamlining government.
Jera, the world's biggest liquefied natural gas buyer, sees U.S. President Donald Trump's pet project in Alaska one of the promising procurement sources.
BUSINESS / Companies
Apr 28, 2025

Japan’s top gas buyer mulls joining Alaska LNG export project

"We see Alaska as one of the promising procurement sources,” Naohiro Maekawa, an executive officer at Jera, said at a news conference on Monday.
Vietnamese Prime Minister Pham Minh Chinh (center) welcomes Prime Minister Shigeru Ishiba to the Government Office in Hanoi on Monday.
BUSINESS / Economy
Apr 28, 2025

Ishiba pledges deeper economic ties with Vietnam as Trump tariffs bite

Both countries face unprecedented economic turmoil as a result of the U.S. tariffs and are seeking ways to mitigate potential damage.
Rows of coffee and tea plants at the Tianyuzhuang coffee plantation in Pu'er, in China's southwest Yunnan province, on April 1.
BUSINESS / Markets
Apr 28, 2025

Chinese tea hub branches into coffee as tastes change

For centuries, Pu'er in Yunnan province has given its name to a type of richly fermented tea, but growers are increasingly branching out into a historic rival.

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A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami