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Tokyo's Asakusa district near Sensoji Temple. The Japanese government vowed to realize pay raises that exceed price increases in a stable way.
BUSINESS / Economy
Jun 7, 2025

Japan highlights wage hikes as cornerstone of economic growth strategy

Seeing wage hikes as a key part of its growth strategy, the government vowed to realize pay raises that exceed price increases in a stable way.
Prime Minister Shigeru Ishiba visits Jins Park in Maebashi, Gunma Prefecture, on Saturday.
JAPAN / Politics
Jun 7, 2025

Ishiba vows to set up council for regional revitalization

He hopes to include the plan in a basic concept of his signature "Regional Revitalization 2.0" program.
U.S. President Donald Trump (R) meets with Chinese President Xi Jinping at the G20 leaders summit in Osaka in 2019.
WORLD / Politics
Jun 8, 2025

Trump’s China gambit belies rocky road ahead on tariff deals

The U.S. president has scheduled a call with Xi Jinping, paving the way for a new round of talks on Monday in London.
Nomura Holdings predicts the dollar to trade around ¥136 by the end of September, against around ¥145 currently.
BUSINESS / Markets
Jun 8, 2025

Nomura flags risk of sharp yen rally on U.S.-Japan policy pressure

The investment bank, among Japan’s largest, now recommends shorting the greenback versus the yen, targeting a move in the pair to ¥136 by the end of September.
A worker at a rare earth metals mine in Jiangxi province, China, in 2012
BUSINESS / Markets
Jun 8, 2025

China says it may speed up rare earths application approvals from EU

Beijing's recent suspension of rare earths-related exports upended the supply chains central to numerous industries around the world.
Ryosei Akazawa, Japan's top tariff negotiator, speaks to reporters in Washington on Friday after holding talks with U.S. officials.
BUSINESS
Jun 8, 2025

Akazawa vows to redouble efforts for tariff accord with U.S.

Ishiba and Trump may hold a bilateral meeting on the sidelines of the three-day Group of Seven summit in Canada from June 15.

Longform

After the asset-price bubble crash of the early 1990s, employment at a Japanese company was no longer necessarily for life. As a result, a new generation is less willing to endure a toxic work culture —life’s too short, after all.
How Japan's youth are slowly changing the country's work ethic