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White House Press Secretary Karoline Leavitt holds up a piece of paper with information about tariff rates at the White House on Tuesday.
JAPAN
Mar 12, 2025

The U.S. says Japan has a 700% tariff on American rice. Is that the case?

White House Press Secretary Karoline Leavitt's accusation describes only a small portion of U.S. rice imported by Japan.
Secondhand clothing store "Onward Reuse Park Kichijoji" in December in the city of Musashino in Tokyo
JAPAN
Mar 13, 2025

Eyeing waste, Japanese apparel industry pushes sustainable fashion

About 60% of the clothes sold in Japan are thrown away, according to the Environment Ministry.
Bank of Japan Gov. Kazuo Ueda has indicated he has little problem with the recent rising yield trend.
BUSINESS
Mar 13, 2025

Shift in BOJ stance favors free market functioning over intervention

People familiar with the central bank's policy approach say the market should decide rates, and that investors need to get used to a world without yield curve control.
Nomura Holdings is withdrawing from the Net-Zero Banking Alliance.
BUSINESS / Companies
Mar 13, 2025

Nomura exits bank climate group, joining Wall Street exodus

Nomura said it will stick to its target set four years ago, to deploy $125 billion of sustainable financing through March 2026.
Rolled steel is stored at a Hyundai Steel plant in Dangjin, South Korea, in 2011.
BUSINESS / Markets
Mar 13, 2025

South Korean steelmakers eye U.S. investments as Trump tariffs kick in

Posco and Hyundai Steel say investments in operations in the U.S. are among their options. Meanwhile, European steel mills warn of a flood of surplus metal.
Alimentation Couche-Tard founder and executive chairman Alain Bouchard (left) and President Alex Miller hold a news conference in Tokyo on Thursday.
BUSINESS / Companies
Mar 13, 2025

Alimentation Couche-Tard ramps up campaign to take over Seven & I

The Canadian convenience store giant and owner of Circle-K has sought to combat skepticism surrounding the deal, most recently with a news conference in Tokyo.
Microchips are a major source of "forever chemicals” that are linked to cancer and other health problems.
BUSINESS / Tech
Mar 14, 2025

As chips race spews ‘forever chemicals,’ startups emerge to destroy them

A wave of companies are offering potential solutions that won’t cut the chemicals out of the supply chain but destroy them.
"We sincerely apologize for our failure to promptly stop the spread of unauthorized credit card use and act quickly in our response to customers who suffered damage," President Shunsuke Shirakawa told a news conference on Thursday in Tokyo's Chuo Ward.
JAPAN / Crime & Legal
Mar 14, 2025

Damage from Aeon card fraud in Japan reaches ¥9.9 billion

Such fraudulent transactions have been on the rise since last spring, affecting tens of thousands of Aeon card users.
“Ravens” stars Tadanobu Asano as Masahisa Fukase, a real-life figure who was known for his photos of the psychedelic party scene of 1960s Shinjuku, portraits of his wife and images of the ravens of his home prefecture of Hokkaido.
CULTURE / Film
Mar 14, 2025

‘Ravens’ is a portrait of art, love and inner demons

Director Mark Gill brings the turbulent life of celebrated photographer Masahisa Fukase into focus in his new film.
K-Ballet Tokyo celebrates its 25th anniversary with an extended lineup including a revival of the vibrant pirate-story ballet "Le Corsaire."
CULTURE / Stage
Mar 15, 2025

K-Ballet Tokyo marks 25 years of passion and perseverance

The dance company celebrates a milestone anniversary with an extended lineup including a revival of the vibrant pirate-story ballet "Le Corsaire."
The gloom is a sign of just how much U.S. President Donald Trump’s policies, particularly around trade, have rattled Wall Street nerves.
BUSINESS / Markets
Mar 14, 2025

Stocks tumble into correction as Trump policies roil sentiment

The gloom is a sign of just how much U.S. President Donald Trump’s policies, particularly around trade, have rattled Wall Street nerves.
After multiple failed attempts, Emperor Go-Daigo (1288-1339) and his loyalists overthrew the Kamakura shogunate and restored imperial power — for a time.
JAPAN / History / The Living Past
Mar 15, 2025

Divine authority and mortal desires in the turbulent 14th century

The literary monk Kenko yearned for an “uncontaminated world,” even during the tumultuous rule of Emperor Go-Daigo, who toppled the shogunate and consolidated imperial power.
A worker keeps a tally of wages Wednesday in Tokyo at the head office of UA Zensen, Japan's largest industrial trade union that represents workers mostly at small and medium-sized firms.
BUSINESS / Companies
Mar 14, 2025

Japan’s unions win largest pay hike in more than three decades

Some 760 affiliated unions under the trade union federation Rengo have so far secured an average pay gain of 5.46% in ongoing annual wage negotiations.
Yoji Muto
BUSINESS / Economy
Mar 15, 2025

Japan, China and South Korea eye trade ministers meeting

Japanese trade minister Yoji Muto will attend the envisaged meeting if he receives parliamentary approval.
British Prime Minister Keir Starmer greets Ukrainian President Volodymyr Zelenskyy as he arrives to attend a summit held at Lancaster House in central London on March 2.
WORLD / Politics / ANALYSIS
Mar 15, 2025

As Trump thaws ties, Russia has a new public enemy No. 1: Britain

For most of the war, Russia lambasted Washington for its role in supplying aid to Kyiv. With Donald Trump in office, that has changed.
Mark Carney, Canada's incoming prime minister (center), during a swearing-in ceremony at Rideau Hall in Ottawa on Friday. Carney has been sworn in as Canada's 24th prime minister, bringing the former central banker to power in the middle of an explosive trade war with the U.S.
WORLD / Politics
Mar 15, 2025

Canada has a new prime minister with a very hard first assignment

Mark Carney steps into his role as U.S. President Donald Trump sets his sights on Canada’s sovereignty and keeps threatening more tariffs.
Former Thai Prime Minister Thaksin Shinawatra in Bangkok in August 2023. Thaksin has vowed cheaper power in Thailand to allow the country to emerge as a data center hub.
ASIA PACIFIC / Politics
Mar 15, 2025

Thaksin vows cheaper power to turn Thailand into data center hub

Thailand aims to slash electricity costs by more than 25% by next year to emerge as a hub for data centers and artificial intelligence infrastructure.
A U.S. Navy ship fires missiles at an undisclosed location, after President Donald Trump launched military strikes against Yemen's Iran-aligned Houthis on Saturday over the group's attacks against Red Sea shipping, in this screen shot.
WORLD
Mar 16, 2025

Trump launches large-scale strikes against Yemen's Houthis

The strikes — which could last days and maybe weeks — are the biggest U.S. military operation in the Middle East since Trump took office in January.
The Stratos Direct Air Capture Facility, a joint venture between Occidental Petroleum and asset manager BlackRock, in Ector County, Texas, last July.
ENVIRONMENT / Climate change / FOCUS
Mar 16, 2025

Carbon capture industry tweaks message for the Trump era

The lobbying strategy is to frame CCS as "an economic competitiveness and American leadership issue."
U.S. President Donald Trump signed an executive order earlier this month establishing the 'Strategic Bitcoin Reserve.'
BUSINESS / Markets / FOCUS
Mar 16, 2025

Trump's bitcoin reserve to be a 'digital Fort Knox'

The reserve is funded by about 200,000 bitcoins — worth nearly $17 billion — that have been seized in the U.S. as a result of civil and criminal cases.
Bank of Japan headquarters building in February. In January, the BOJ voted to raise its short-term policy rate to 0.5% from 0.25%, taking it to the highest level since the 2008 financial crisis.
BUSINESS / Markets
Mar 17, 2025

Bank of Japan unlikely to raise rates this week as trade war intensifies

The central bank voted to raise its short-term policy rate to 0.5% from 0.25% in January, taking it to the highest level since the 2008 financial crisis.
Cars at the Geely Auto production base in Hangzhou, in China's eastern Zhejiang province on Feb. 16
BUSINESS / Tech
Mar 17, 2025

Geely billionaire goes on a cost-cutting spree to catch rivals

The shift was laid out in a document called the Taizhou Declaration, which called for consolidation, synergies and savings.
Officials from the state-run Alaska Gasline Development Corporation and development partner Glenfarne Group want to transport natural gas south from Alaska's remote north via a $44 billion 1,300-kilometer pipeline, to be shipped as liquefied natural gas to Japan, South Korea and Taiwan.
BUSINESS
Mar 18, 2025

Alaskan officials to seek investors in Japan as Trump touts LNG

Japanese energy firms have yet to commit, with cost being a focal point.
Shares of major trading houses Mitsubishi, Marubeni, Mitsui, Itochu and Sumitomo climbed 4% Tuesday in Tokyo after Berkshire Hathaway increased its stakes in them.
BUSINESS / Companies
Mar 18, 2025

Berkshire Hathaway increases stakes in Japan’s biggest trading houses

Warren Buffett has indicated that the trading houses have agreed to 'moderately' relax a previous ceiling of 10% on his stakes, leaving room for further buying.
A vendor shouts out his price for lettuce in a market in Beijing on March 9. Consumer prices in China fell last month for the first time in a year, with authorities in the world's second-largest economy struggling to kick-start spending and trade headwinds intensifying as U.S. tariffs kick in under U.S. President Donald Trump.
BUSINESS / Economy
Mar 18, 2025

Global stock markets rise as China outlines plan to boost consumer spending

Beijing plans to raise income with property reforms, stabilize the stock market and encourage lenders to provide more consumption loans.
Yields on Japanese government bonds have climbed to the highest since 2006 as traders expect the Bank of Japan to keep hiking interest rates this year while peers from the U.S. to Australia ease monetary policy.
BUSINESS / Companies
Mar 18, 2025

Pimco takes profit on Japan bond trade as interest rates rise

The American investment management firm has turned "overall neutral” on Japanese government bonds.
Despite recent market volatility and trade tariff concerns, Japan continues to see fund launches as global investors are drawn to its stock market.
BUSINESS / Companies
Mar 18, 2025

Hong Kong hedge fund Polymer joins rush to debut pure Japan funds, sources say

The move will see the heavyweight joining a wave of fund launches in Japan.
U.S. Justice Department has asked that oral arguments for a lawsuit filed by Nippon Steel against the U.S. government for blocking its planned acquisition of United States Steel be rescheduled for the week of May 12.
BUSINESS / Companies
Mar 18, 2025

U.S. government seeks to postpone oral arguments in Nippon Steel suit

The move is apparently aimed at giving the current administration time for talks with the Japanese steelmaker for it to decide on the bid to acquire United States Steel.
Hidemasa Morita (right) celebrates scoring Japan’s fourth goal against Bahrain with Kaoru Mitoma (center) on Sep. 10, 2024.
SOCCER
Mar 18, 2025

Japan set to seal World Cup spot as Son aims to forget Spurs woes

Japan will seal its spot with three qualifying matches to go if, as expected, it beats Bahrain at home in Saitama on Thursday.
People wait to receive bags of rice distributed by the World Food Program on the outskirts of Yangon in 2021.
ASIA PACIFIC / Politics
Mar 18, 2025

Myanmar faces 'untold' suffering due to U.S. aid 'betrayal': U.N. expert

A former U.S. congressman has torn into the cuts, saying they were politically motivated, based on distortions and being carried out in the worst possible manner.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past