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May 29, 2025
 

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An activist holds a sign to protest against U.S. tariffs policy at the venue for an APEC trade ministers' meeting in Seogwipo on Jeju island, South Korea, on May 16.
BUSINESS / Economy
May 26, 2025

U.S. demanded South Korea resolve trade imbalance in recent talks: reports

The U.S. repeatedly raised the issue of the trade imbalance in the commodity sector and both countries agreed it was necessary to address it, the reports said.
Takahiro Mori, executive vice president of Japan's biggest steelmaker Nippon Steel, speaks about its strategy in its headquarters in Tokyo on Nov. 28, 2023.
BUSINESS / Companies / FOCUS
May 26, 2025

Garage meets and sleepless flights: How Nippon Steel's negotiator stuck at U.S. merger

With Biden's incoming successor Donald Trump also voicing opposition to the planned purchase, the outlook was bleak.
Sales of luxury properties in Tokyo, like Azabudai Hills’ Aman Residences, have pushed up average real estate prices in the capital.
BUSINESS / Companies
May 27, 2025

Luxury Tokyo penthouse sold for over $65 million in new record

Home prices in Tokyo have been on a broad upward trend, driven by rising construction costs and a limited supply of new buildings.
New buyers are entering the market for Japanese government bonds and amplifying volatility, said Dai-ichi Life CEO Tetsuya Kikuta in an interview.
BUSINESS / Companies
May 27, 2025

Dai-Ichi Life sees falling volatility in JGB market

New buyers are entering the market for Japanese government bonds and amplifying volatility, Chief Executive Officer Tetsuya Kikuta said in an interview.
Honduran Foreign Minister Eduardo Enrique Reina (left) and Chinese Foreign Minister Wang Yi before their meeting at the Diaoyutai State Guesthouse in Beijing on May 14
BUSINESS / Economy
May 27, 2025

Developing nations face 'tidal wave' of China debt, report finds

The poorest 75 countries are set to make "record high debt repayments" to China in 2025 of a combined $22 billion.
Under the "digital address" system launched by Japan Post, users can input seven-digit combinations of numbers and letters on online shopping and other websites, and their addresses will automatically appear on the sites.
BUSINESS / Companies
May 27, 2025

Japan Post launches 'digital address' system

Under the system, users can input seven-digit codes on online shopping websites, and their addresses will automatically appear on the sites.
Bank of Japan Gov. Kazuo Ueda speaks during a conference hosted by the bank's Institute for Monetary and Economic Studies in Tokyo on Tuesday. Ueda gave the yen a boost by clearly indicating his intention to continue raising the benchmark interest rate if the economy improves as expected.
BUSINESS / Economy
May 27, 2025

Yen rises as Ueda indicates BOJ is still eyeing more rate hikes

The yen rose as high as 142.12 against the dollar immediately after Ueda's remarks.
Supporters of South Korean presidential candidate Lee Jae-myung listen to a speech during a campaign event in Uijeongbu, in South Korea's Gyeonggi Province, on Tuesday.
ASIA PACIFIC / Politics
May 27, 2025

South Korea's liberal candidate Lee in the lead a week before presidential vote

The deeply polarized country is set to hold a snap election on June 3 to pick a successor to Yoon Suk Yeol, who was ousted on April 4.
People head into a Seven & I Holdings shareholders meeting on Tuesday in Tokyo's Chiyoda Ward.
BUSINESS / Companies
May 27, 2025

Seven & I shareholders back new board to deal with takeover proposal

Investors appear to be willing to see what happens with the radical overhaul, which the Japanese retailer had pledged to counter Couche-Tard’s ¥7.39 trillion approach.
Prime Minister Shigeru Ishiba speaks at the government’s advisory Council on Economic and Fiscal Policy meeting on Monday at the Prime Minister's Office in Tokyo.
BUSINESS / Economy
May 27, 2025

Japan private sector backs 1% real wage growth per year over next five years

The plan was first mentioned by the government’s "new capitalism" panel earlier this month.
The Japanese government will spend ¥288 billion to lower the cost of electricity and city gas by ¥3,000 for an average household from July to September.
BUSINESS / Economy
May 27, 2025

Japan to subsidize home energy bills through summer amid U.S. tariff impact

The government will spend ¥388 billion from budget reserves for the measures in its first fiscal spending in response to the Trump tariffs.
Chinese Premier Li Qiang delivers a speech during the ASEAN-GCC-China Economic Forum's official dinner in Kuala Lumpur on Tuesday.
BUSINESS / Economy
May 28, 2025

China aims to capitalize on U.S. tariff turmoil with new ASEAN-GCC forum

The summit with Southeast Asian and Arab Gulf states is the latest sign of more countries looking to join hands to fend off U.S. President Donald Trump’s tariff push.
Apple's Fifth Avenue store in New York on May 23
BUSINESS / Tech
May 28, 2025

Apple reels from share selloff as Trump’s 25% tariff threat drives uncertainty

Some are skeptical the tariffs will come to pass, but any such measures would require Apple to absorb costs or raise prices, eroding demand.
Ukrainian lawmakers discuss ratifying the deal with the United States about mineral resources during a session of parliament in Kyiv on May 8.
BUSINESS
May 28, 2025

Ukraine revamps minerals sector, eyeing billions in investment from U.S. deal

The country has deposits of 22 of 34 minerals deemed as critical by the European Union for industries such as defense, high-tech appliances and green energy.
A view of the construction site of BYD's electric vehicle factory at the Industrial Complex in the city of Camacari, in the state of Bahia, Brazil, on Jan. 9
BUSINESS / Companies
May 28, 2025

Brazil sues EV giant BYD over ‘slavery’ conditions at plant

Prosecutors said 220 Chinese workers were found in December in conditions "analogous to slavery” and described them as victims of human trafficking.
A new law to promote the development of artificial intelligence while addressing its risks passed at an Upper House plenary meeting on Wednesday.
JAPAN
May 28, 2025

Japan enacts bill to promote AI development and address its risks

The new law includes a provision to allow the government to disclose the names of malicious businesses in the event of crime using AI.
The Finance Ministry in Tokyo's Chiyoda Ward
BUSINESS / Markets
May 28, 2025

Weak 40-year bond sale keeps pressure on Japan to tweak issuance

The 40-year yield rose 5 basis points following the sale, to 3.335% as of 4:20 p.m. in Tokyo, while the 30-year rate jumped 7 basis points.
Bank of Japan Gov. Kazuo Ueda
BUSINESS / Economy
May 28, 2025

Ueda to monitor risk of high long-term bond yields affecting shorter-term rates

The comments come at a time of heightened concern about volatility at the long end of the bond market.
James Rosewald, co-founder of Dalton Investments, speaks during an interview at the company's office in Tokyo on Wednesday.
BUSINESS / Companies
May 28, 2025

Dalton connects with activist investor-linked fund to pressure Fuji Media

Dalton is trying to pressure Fuji Media after the broadcaster earlier this month spurned the fund’s proposal for 12 new directors, including SBI Holdings' Yoshitaka Kitao.
Visitors at the EdgeCortix booth during the AI Expo Tokyo event in Tokyo in May 2023
BUSINESS / Companies
May 28, 2025

Japan backs AI chip startup EdgeCortix in boost to defense tech

The startup secured government subsidies of ¥3 billion to develop energy-efficient AI chiplets for commercialization in 2027.
Innovative Space Carrier CEO Kojiro Hatada poses with a model of the planned spaceplane ASCA 3 at JFE Engineering’s factory in Yokohama on Wednesday.
BUSINESS / Companies
May 28, 2025

Japanese reusable rocket startup ISC eyes U.S. test launch in December

Innovative Space Carrier said its ASCA 1.0 reusable launcher will conduct a 100-meter flight and landing test.
Closed-circuit television cameras in a New Delhi street in on May 21. Global makers of surveillance cameras have clashed with Indian regulators over new rules that require them to submit materials for assessment in government labs, driven in part by alarm about China's capabilities.
ASIA PACIFIC / Politics
May 28, 2025

India's alarm over Chinese surveillance prompts crackdown on cameras

Rejecting the request from manufacturers for a delay, India said its policy "addresses a genuine security issue" and must be enforced.
Workers ride motorbikes into Weda Bay Industrial Park (WBIP), a major nickel processing and smelting hub, in Lelilef Sawai, Central Halmahera, North Maluku, Indonesia, on April 18.
ENVIRONMENT
May 28, 2025

Nickel rush for stainless steel guts Indonesia tribe's forest home

The plight of the Indigenous people there started gaining attention last year after a video online showed emaciated members emerging from their homes to beg for food.
AI hallucinations — when generative models fabricate information — are becoming more frequent, harder to detect and increasingly dangerous as we embed the technology deeper into society.
COMMENTARY / World
May 28, 2025

AI hallucinations? What could go wrong?

The notion that we can’t ensure that AI will produce accurate information is, uh, “disturbing” if we intend to integrate that product so deeply into our daily lives.
The Chinese Communist Party has significantly expanded its global influence operations by using tactics like election interference, disinformation, elite capture and pressure on the diaspora to sway politics and policies in democracies worldwide.
COMMENTARY / World
May 28, 2025

Is Beijing engineering election wins for 'soft on China' politicians?

Beijing legally requires all citizens to support Communist Party policies and views ethnic Chinese everywhere as instruments for advancing its global goals.
The head office of Chugoku Bank in Okayama
BUSINESS
May 28, 2025

Japan’s ‘Middle Country’ bank is puzzling Chinese tourists

When written in Japanese, Chugoku Bank's name is identical to that of Bank of China.
Lessons from India-Pakistan war: Were China's arms overrated?
A Chinese J-10B fighter jet is put on display at the China International Aviation & Aerospace Exhibition in Zhuhai, China, in October 2016. The short May conflict between India and Pakistan became a live trial for Chinese arms, exposing vulnerabilities in its fighter aircraft and air defense systems.
Luxury Tokyo penthouse sold for over $65 million in new record
Sales of luxury properties in Tokyo, like Azabudai Hills’ Aman Residences, have pushed up average real estate prices in the capital.
Golden share fix proposed for knotty Nippon Steel-U.S. Steel deal
Nippon Steel headquarters in Tokyo. The U.S. government is poised to receive a so-called golden share in U.S. Steel as a condition for approving Nippon Steel's proposed acquisition of the American company.
Japan loses top creditor status for first time in 34 years
Japan lost its position as the world’s largest creditor nation for the first time in 34 years despite posting a record amount of overseas assets, with Germany overtaking the country.
Onosato locks in promotion to yokozuna
Onosato speaks to reporters after receiving a report from the Yokozuna Deliberation Council, on Monday in Ami, Ibaraki Prefecture.
As ASEAN touts unity, Philippines seeks consensus on South China Sea
Philippine President Ferdinand Marcos Jr. (center), locks hands with Malaysian Prime Minister Anwar Ibrahim (left) and Sultan of Brunei Hassanal Bolkiah during a group photo at an Association of Southeast Asian Nations summit in Kuala Lumpur on Monday.
Eagle nest discovery sparks opposition to megasolar project
The white-tailed eagle's wintering grounds include Hokkaido, northern Honshu, the Russian coast, the southern Kamchatka Peninsula and the Kuril Islands.
Fighters already showing last season's playoff run was no fluke
Fighters starter Hiromi Ito pitches against the Hawks in Fukuoka on April 29.
A moving meditation: Finding serenity in tea ceremony across space and time
Drawn to tea ceremony while volunteering at a Japanese garden in Phoenix, Arizona, Michele Laudig (right) came to learn a “common language of movement and ritual” that brought her into new communities in New York City and Tokyo.
Are microplastics hurting our fertility?
A worker sorts plastic waste for recycling at Minato Resource Recycle Center in Tokyo in 2019. Japan has been criticized by environmental groups for its strategy on plastics, which is heavily reliant on recycling instead of reduction.

Podcast

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

Longform

Construction equipment sits idle in a park near Shiba Toshogu shrine in Tokyo's Minato Ward. While Japan has a history of treating its trees with reverence, green coverage is said to be lacking in most of the major cities.
Do Japan's trees no longer occupy the sacred space they used to?
By Eric Margolis

SUSTAINABLE JAPAN

Looking ahead to Yokohama’s Green × Expo 2027
Looking ahead to Yokohama’s Green × Expo 2027

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