Search - business

 
 
Container ships at the Port of Los Angeles on April 7. U.S. President Donald Trump has long argued that China’s dominant role in the maritime industry has made the U.S. overly dependent on the Asian nation.
BUSINESS
Apr 18, 2025

Trump moves to levy Chinese vessels in trade war shakeup

The proposal follows a monthslong investigation ordered by the Biden administration into whether Chinese shipbuilding threatens U.S. national security.
RBC BlueBay Asset Management has shifted to an overweight position in 30-year bonds, as it believes the Bank of Japan may not be in a hurry to raise rates.
BUSINESS / Markets
Apr 18, 2025

BlueBay piles into Japanese bonds, ditching bets on deeper fall

The firm has shifted to an overweight position in 30-year bonds over the past week as the U.S. trade war darkens the economic outlook.
Shares of Eli Lilly & Co. surged on the New York Stock Exchange on Thursday after early reports of its experimental weight-loss drug put in a par with market leader Ozempic. The stocks of the drug’s originator, Chugai Pharmaceutical Co., also saw an uptick.
BUSINESS / Companies
Apr 18, 2025

Weight-loss pill orforglipron shines in study, boosting Lilly and Chugai

Eli Lilly’s orforglipron pill, licensed from Chugai Pharmaceutical, could reshape the booming weight-loss drug market, early data shows.
Unsold bonds are also being covertly peddled at discounted prices, according to several market participants, including investors.
BUSINESS / Economy
Apr 18, 2025

Japanese municipal bond deals fail to sell as rate swings surge

This month’s heightened market volatility have also led to delays and cancellations of several Japanese corporate bond offerings.
Mazda will halt production of CX-50 sport utility vehicles destined for Canada at its Alabama plant effective May 12.
BUSINESS / Companies
Apr 18, 2025

Mazda to pause U.S. production of CX-50 cars destined for Canada

The Japanese automaker will halt production of CX-50 sport utility vehicles destined for Canada at its Alabama plant effective May 12.
The head of Godzilla, a Japanese monster movie character, is seen on a building of Toho Cinema in Tokyo. Toho is one tariff-defensive stock being recommended by brokers.
BUSINESS / Markets
Apr 18, 2025

Tokyo stock picker advises Trump-proofing portfolios with Godzilla creator Toho

Investor sentiment may favor Japanese companies that continue to issue earnings forecasts, especially during this period of uncertainty and market volatility.
As the global trade war intensifies, the debt, the main investment for Japan’s life insurers, has seen wild swings along with its U.S. counterparts.
BUSINESS / Companies
Apr 18, 2025

Major Japan life insurer to pile into domestic superlong bonds

Investment decisions by Japan’s life insurers can move global markets, and Fukoku Mutual Life Insurance will be the first among its major peers to report such plans.
Ryosei Akazawa (third from right), Japan's tariffs negotiator, in a meeting with U.S. Secretary of the Treasury Scott Bessent (second from right) and other senior government officials on Wednesday in Washington
BUSINESS
Apr 18, 2025

Trump reiterates opposition to Nippon Steel’s purchase of U.S. Steel

Whether there is interplay between the tariff negotiations and the Nippon Steel-U.S. Steel deal has never been made clear.
People walk past an advertisement featuring Los Angeles Dodgers two-way star Shohei Ohtani outside Tokyo Dome on March 18.
BASEBALL / MLB
Apr 18, 2025

Nothing sells like Shohei Ohtani, MLB’s marketing megastar

The Los Angeles Dodgers two-way player is at the peak of his stardom, and brands are rushing to cash in with huge sponsorship deals.
U.S. Ambassador to Japan George Glass speaks to reporters on Friday in Tokyo just after he arrived at Haneda Airport.
JAPAN / Politics
Apr 18, 2025

New U.S. envoy arrives in Japan with focus on trade, defense and reining in China

Ambassador George Glass said Washington will aim to deepen cooperation with Tokyo on pushing back against China's economic and military moves.
The average price for 60 kilograms of unmilled rice in March stood at ¥25,876, down 2% from the previous month.
BUSINESS
Apr 18, 2025

Wholesaler rice prices in Japan see first drop in eight months

The average price for 60 kilograms of unmilled rice stood at ¥25,876, down 2% from the previous month but still up 68% from 2023 rice a year before.
U.S. Federal Reserve Chair Jerome Powell speaks during a news conference, in Washington in January.
BUSINESS / Economy / FOCUS
Apr 19, 2025

Trump goes to war with the Fed

The U.S. president has threatened to take the unprecedented step of ousting the head of the fiercely independent central bank.
Ukrainan President Volodymyr Zelenskyy speaks during a news conference in Kyiv on Thursday.
WORLD
Apr 19, 2025

Ukraine bans China's firms for helping Russia make missiles

President Volodymyr Zelenskyy did not offer any evidence of the claim, which came a day after he alleged China had been supplying weapons to Russia.
Ryosei Akazawa, Japan's top tariff negotiator with the U.S., speaks to reporters upon his arrival at Tokyo's Haneda Airport on Friday, a day after talks in Washington.
BUSINESS / Economy
Apr 19, 2025

Japan tariff negotiator rules out quick U.S. deal despite push by Trump

Ryosei Akazawa said that while the U.S. president wants to speed up negotiations, any agreement would likely take some time.
Japanese products imported to the U.S. had been hit with 24% levies, although these rates, like most of U.S. President Donald Trump's tariffs, have been paused for 90 days.
BUSINESS
Apr 19, 2025

Japan considering soybean and rice concessions in U.S. tariff talks: report

In their first round of bilateral talks, U.S. negotiators brought up automobiles and rice as areas where they said Tokyo puts up market barriers.
A doughnut shop originating in Fukuoka Prefecture will open in New York on Tuesday, featuring its signature soft and moist doughnuts.
JAPAN
Apr 19, 2025

Fukuoka doughnut shop set for debut in New York

The shop, I'm donut, will sell doughnuts with a teriyaki chicken filling and cream fillings using green tea powder.
Prime Minister Shigeru Ishiba speaks to reporters at his official residence in Tokyo on Thursday.
BUSINESS / Economy
Apr 20, 2025

No concessions over food safety in Japan-U.S. talks, Ishiba says

The prime minister also said that expanding LNG imports could be used as a bargaining chip.
A Boeing 737 MAX plane, intended for China's Xiamen Airlines, arrives at King County International Airport after returning from China due to ongoing tariff disputes, in Seattle, Washington, on Saturday.
BUSINESS / Companies
Apr 20, 2025

Boeing jet returns to U.S. from China, a victim of Trump's tariff war

The return of the 737 MAX is the latest sign of disruption to new aircraft deliveries from a breakdown in the aerospace industry's decades-old duty-free status.
A military chaplain sprays holy water on Ukrainian service members of the 33rd Separate Mechanized Brigade during an Easter service near the front line, amid Russia's attack on Ukraine, in the country's Dnipropetrovsk region, on Sunday.
WORLD / Politics
Apr 21, 2025

Ukraine and Russia accuse each other of violating Easter ceasefire

Each said the other committed attacks that violated the one-day truce.
McLaren's Oscar Piastri celebrates after winning the Saudi Arabian Grand Prix in Jeddah, Saudi Arabia, on Sunday.
MORE SPORTS / Auto Racing
Apr 21, 2025

Oscar Piastri plans to do more winning after rising to top of F1 standings

The last Australian to lead the championship was Mark Webber, who is now the 24-year-old Piastri's manager, at Red Bull in 2010.
When Jera co-fired ammonia at its Hekinan coal plant in Aichi Prefecture last year, it reduced emissions by 20%.
BUSINESS
Apr 21, 2025

Japan embraces lab-made fuels despite costs and climate concerns

Japanese utilities say e-methane is chemically almost identical to natural gas but is effectively carbon-neutral.
Shipping containers at Pyeongtaek port in Pyeongtaek, South Korea, on April 15
BUSINESS
Apr 21, 2025

South Korea finds 'Made in Korea' breaches aiming to slip U.S. tariffs

In March, 19.3 billion won worth of surveillance cameras were imported from China in parts and reassembled in South Korea to bypass U.S. restrictions.
The yen climbed to its strongest level since September against the dollar on Monday, briefly trading in the range of ¥140.
BUSINESS
Apr 21, 2025

Speculative traders boost bullish yen bets to a record on tariffs

The yen climbed to its strongest level since September against the dollar on Monday, briefly trading in the range of ¥140.
Sen. Elizabeth Warren, a U.S. Democrat from Massachusetts, speaks on the floor of the New York Stock Exchange on Thursday. Warren says a series of rash actions by the U.S. president are seeding uncertainty across the economy.
BUSINESS / Markets
Apr 21, 2025

Wall Street ‘cops are gone’ after Trump overhaul, Democratic senator warns

The moves to purge federal regulatory agencies would leave consumers and markets vulnerable to fraud and corruption, Sen. Elizabeth Warren says.
Bags of rice at a warehouse in Pyeongtaek, South Korea. Japan imported South Korean rice for the first time since 1999 this month amid soaring domestic prices for the staple grain.
BUSINESS / Economy
Apr 21, 2025

Japan buys first South Korean rice in over two decades as prices surge

The Japan office of South Korea’s National Agricultural Cooperative Federation said it brought in and sold 2 tons of Korean rice this month.
Demand for Japanese debt has risen since March as the Trump administration’s higher tariffs sparked a surge in market volatility.
BUSINESS
Apr 21, 2025

Japan’s superlong bonds draw record foreign inflow on haven bid

Global funds bought a net ¥2.18 trillion of the nation’s debt with original maturities of more than 10 years.
Hyundai vehicles drive into a cargo ship at a port near the company's Ulsan plant in March.
BUSINESS / Markets
Apr 21, 2025

Shrinking South Korea exports send global warning on Trump tariffs

The data will be closely watched for clues on how Trump’s new levies are playing out in the real world.
Cranes and containers are pictured at the Yantian port in Shenzhen, Guangdong province, China, on Thursday.
BUSINESS / Economy
Apr 21, 2025

China warns countries against striking trade deals with U.S.

Beijing will firmly oppose any party striking a deal at China's expense and "will take countermeasures in a resolute and reciprocal manner," its Commerce Ministry said.
Next year’s FIFA World Cup, co-hosted by Canada, Mexico and the U.S., will test whether America — with President Donald Trump pushing tariffs and tough immigration policies — can draw global fans or drive them away.
COMMENTARY / World
Apr 21, 2025

The White House just kicked a World Cup own-goal

Next year’s FIFA World Cup will test whether the U.S. — with President Donald Trump pushing tariffs and tough immigration policies — can draw global fans or drive them away.
U.S. President Donald Trump announces tariffs on several countries during a press conference on April 2.
BUSINESS / Markets
Apr 21, 2025

World’s economic chiefs to face Trump’s trade war in Washington

Finance chiefs want an off-ramp from the worst global trade crisis in a century. This week they’re heading toward its epicenter.

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji