Search - business

 
 
U.S. citizen Chrishan Wright from New York after an interview in Lisbon on April 9
WORLD / Politics
May 6, 2025

Fearing Trump's policies, some Americans start new lives in Europe

Relocation firms said there has been a spike in interest since Trump returned to the White House, with clients expressing concern over policy and social issues.
For Japan, U.S. Agriculture Secretary Brooke Rollins indicated the possibility of asking for market-opening measures for agricultural products.
BUSINESS
May 6, 2025

U.S. agriculture secretary to visit Japan for trade talks

The U.S. agriculture secretary indicated the possibility of asking for market-opening measures for agricultural products.
U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint news conference at the White House in Washington in February.
BUSINESS / Economy
May 6, 2025

India offers zero-for-zero tariffs on auto parts and steel from U.S.

New Delhi has proposed zero tariffs on steel, auto components and pharmaceuticals on a reciprocal basis up to a certain quantity of imports in trade negotiations with Washington.
A potential offer for a stake in India’s Yes Bank will likely be determined by market prices, according to people familiar with the matter.
BUSINESS / Companies
May 6, 2025

SMFG in talks to buy minority stake in India’s Yes Bank

Japan’s aging population and slow growth have been encouraging companies to look elsewhere for expansion, leading to a surge in outbound transactions.
The U.S. dollar struggled to make headway as an unprecedented two-day surge in its Taiwanese counterpart spilled over to other regional peers.
BUSINESS / Markets
May 6, 2025

Dollar under pressure as Asian counterparts charge higher

The Taiwan dollar on Monday surged to a three-year high of 29.59 per dollar, having leapt 8% in two days.
Designated German Chancellor Friedrich Merz of the Christian Democratic Union following a session of the German lower house of parliament to elect the new German chancellor, in Berlin on Tuesday
WORLD / Politics
May 6, 2025

Germany's Friedrich Merz faces new vote for chancellor after surprise loss

The initial shock defeat dealt a heavy blow to Merz, who has vowed to restore stability in Berlin after half a year of political turmoil.
U.S. Treasury Secretary Scott Bessent testifies before a House Appropriations subcommittee oversight hearing on Capitol Hill in Washington on Tuesday.
BUSINESS / Economy
May 7, 2025

U.S.-China trade talks to start this week focused on de-escalation

The meeting will be the first confirmed trade talks between the countries since U.S. President Donald Trump announced sweeping tariffs on Beijing.
Newly elected German Chancellor Friedrich Merz speaks as his predecessor, Olaf Scholz, listens during a handover ceremony at the Chancellery in Berlin on Tuesday.
WORLD / Politics
May 7, 2025

Friedrich Merz becomes German chancellor after surviving shock defeat

The win — on his second try — paves the way for him to take charge of Europe’s biggest economy but with his authority considerably diminished.
Nvidia CEO Jensen Huang speaks during the Milken Institute Global Conference in Beverly Hills, California, on Tuesday.
BUSINESS / Tech
May 7, 2025

Trade barriers to China's AI market a 'tremendous loss,' NVidia CEO says

Jensen Huang has argued that tightening restrictions on his company that limit access to China, the biggest market for semiconductors, will hurt U.S. national security.
Colombian President Gustavo Petro waves to supporters during a May Day (Labor Day) rally in Bogota on May 1.
WORLD / Politics
May 7, 2025

Colombia moves to join China's Belt and Road

Until now, Colombia has been one of the United States' closest and most steadfast trade and security partners in Latin America.
Takeshi Hakamada, founder and CEO of Ispace, says his primary interest in space development is not to abandon Earth, but to protect it.
JAPAN / Science & Health
May 7, 2025

'Big picture thinker': Ispace CEO Hakamada on reaching the moon and dreaming of starships

CEO Takeshi Hakamada envisions a distant future where humans live and work on the moon — just don't ask him to visit.
The global shipping industry is also contending with U.S. measures beyond the barrage of levies.
BUSINESS / Markets
May 7, 2025

World’s trade superhighway feels strain from U.S.-China decoupling

Among signs of disruption are plunging fees, fewer services and a pall of uncertainty over what for decades has been one the main maritime highways of the global economy.
Former sekiwake Toyonoshima and Airi Hisano train at Tachihi Sumo Club on May 1.
SUMO / INSIDE SUMO
May 7, 2025

Former sekiwake Toyonoshima is new head coach at innovative women’s club

Detailing how she struggled with injury over the past few years, Airi Hisano said she had considered retirement before being approached to join the club.
Mitsubishi UFJ Financial Group is planning to set up an online bank to lure younger customers heavily relying on smartphones.
BUSINESS / Companies
May 7, 2025

Mitsubishi UFJ to set up online bank in fiscal 2026

The major Japanese financial group aims to lure younger customers who heavily rely on smartphones.
In South Korea, where presidents are increasingly investigated, impeached or imprisoned, the judiciary has become a well-known pathway to political power.
COMMENTARY / World
May 7, 2025

Is the judiciary the weakest link in South Korea’s democracy?

It’s not unusual for lawyers to pursue personal political ambitions during their careers in democracies. But in South Korea, this has reached a level not seen elsewhere.
Japan's Economic Revitalization Minister Ryosei Akazawa speaks to the press upon his arrival at Haneda Airport on April 18. He has said that all tariffs need to be reconsidered by the United States.
BUSINESS / Economy
May 7, 2025

U.S. and Japan remain far apart on tariffs

While both sides have said they will aim for a deal as soon as possible, they have also indicated that they aren't in a rush for a swift settlement.
Former Bank of Japan Gov. Haruhiko Kuroda speaks during an interview in Tokyo on April 28.
BUSINESS / Economy
May 7, 2025

Ex-BOJ Gov. Kuroda urges calm response to Trump tariffs

"It's better not to be worked up by every little thing, but to sit down and respond," Kuroda said, referring to frequent changes in U.S. tariff policy.
The Tokyo Stock Exchange in Tokyo. Recent market turmoil drove investors to the yen as a haven asset, meaning foreign investors that put money into shares of Japanese importers will reap two benefits at once: yen gains and improved earnings at these businesses.
BUSINESS / Markets
May 7, 2025

Top-performing Orbis fund doubles holdings in Japanese stocks

Japanese stocks made up 24% of the $3 billion Orbis International Equity fund as of end-April, up from just 10% four months earlier.

Longform

Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan