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September 01, 2025
 

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Ryosei Akazawa, Japan's tariff czar, after the first round of talks in Washington. Media reports indicate he may be headed back to the United States next week for the third round of negotiations.
BUSINESS / Economy
May 15, 2025

Third round of U.S.-Japan tariff talks may be held next week: report

Akazawa’s two previous visits to Washington yielded no tangible results.
Solar panels on display at the Canton Fair in Guangzhou, China, on April 16
BUSINESS / Tech
May 15, 2025

Rogue communication equipment found in Chinese-made solar power inverters

The rogue components provide undocumented communication channels that could allow security measures to be circumvented remotely, sources said.
Sumitomo Mitsui Financial Group’s clients are becoming cautious about making deals and investments amid uncertainties over U.S. tariffs.
BUSINESS / Companies
May 15, 2025

Sumitomo Mitsui braces for tariff fallout with more buffers

Japan’s second-largest lender expects net income to climb about 10% to ¥1.3 trillion in the year that started in April.
According to the Fair Trade Commission, Kadoya Sesame Mills and Takemoto Oil & Fat violated the antimonopoly law by repeatedly conspiring to raise the prices of sesame oil sold to food-makers S&B Foods and Marumiya.
BUSINESS / Companies
May 15, 2025

FTC orders sesame oil-makers to halt price cartel, issuing ¥21.98 million fine

The antitrust watchdog said the two firms formed the cartel to secure profits amid rising sesame prices due to production cuts in Africa and a weaker yen.
Customers try the Apple Vision Pro headset inside an Apple Store in San Francisco, California, on April 30.
BUSINESS / Tech
May 15, 2025

Apple readies feature that lets Vision Pro users scroll with their eyes

The capability is being tested as part of an upcoming version of the headset’s operating system.
With Prime Minister Shigeru Ishiba's ruling coalition in crisis, the opposition divided and the Democratic Party for the People gaining momentum, Japan’s upcoming Upper House election could trigger a major political realignment.
COMMENTARY / Japan
May 15, 2025

Elections are fast approaching, and none of the big parties are ready

With Ishiba in place, the fear that the LDP could next lose its current majority in the Upper House in July is pervasive.
Morgan Stanley analysts estimate the top five makers of hearing aids hold roughly 99% of the global market, which they predict will be worth over $14 billion by next year rising from about $12 billion in 2023.
BUSINESS / Tech
May 15, 2025

Trump’s tariffs spare Europe-dominated hearing aid industry

An ecosystem developed over more than a century has given three Danish companies and a Swiss rival a quasi-monopoly on the market for devices that help people hear better.
Net income is likely to reach ¥2 trillion ($13.7 billion) for the 12 months ending March, up 7.5% from ¥1.86 trillion in the previous fiscal year, Mitsubishi UFJ Financial Group said on Thursday.
BUSINESS / Companies
May 15, 2025

MUFG expects record profit and joins rivals in buying back shares

Net income is likely to reach ¥2 trillion for the 12 months ending March, up 7.5% from ¥1.86 trillion in the previous fiscal year.
The yen slumped more than 2% on Monday alone, nearing ¥150 to the dollar, after the U.S. and China temporarily lowered tariffs, triggering a reversal of bearish dollar bets.
BUSINESS / Economy
May 15, 2025

Rich Japanese still fear yen crash, wealth manager says

Japan's most prosperous households are still scarred by the market’s collapse in the early 1990s.
Japan is considering adding three more sectors, including distribution warehouse management, to its program to grant residency status to foreign workers with what are being called "specified skills."
JAPAN
May 16, 2025

Japan eyes three more sectors for foreign workers program

The three sectors — distribution warehouse management, services supplying sheets and towels to hotels, and resource recycling — are struggling to secure workers.
TDK will begin shipping its third iteration of silicon-anode batteries by the end of June, Chief Executive Officer Noboru Saito said.
BUSINESS / Companies
May 16, 2025

IPhone supplier TDK readies batteries geared for thin AI gadgets

TDK’s battery technology is helping the world’s biggest smartphone makers slim down their gadgets without shortening battery run times.
Yields in Japan’s $7.8 trillion government debt market are now rising rapidly after years of moving at a glacial pace.
BUSINESS / Economy
May 16, 2025

Japan’s steep bond curve divides investors and challenges economy

Yields in the country’s $7.8 trillion government debt market are shifting higher at breakneck speed after years of moving at a glacial pace.
"Given the extremely high uncertainties in play, my view is that it is appropriate for the bank to conduct monetary policy deliberately to reflect the actual state of economic recovery,” Toyoaki Nakamura, the Bank of Japan’s most dovish board member, said in a speech Friday in Fukuoka Prefecture.
BUSINESS / Economy
May 16, 2025

BOJ’s most dovish member warns against rushing to raising rates

Toyoaki Nakamura’s speech comes shortly after government data showed that Japan’s economy shrank more than expected in the first quarter.
Okasan Securities and Iwai Cosmo Securities said they had been hit by fraudulent trading, indicating the hacking of online trading accounts is expanding to mid-sized brokerages.
BUSINESS / Companies
May 16, 2025

Hacking of trading accounts in Japan spreads to midsized firms

The hacking of online trading accounts has exploded in Japan, surging more than 10-fold in April from March.
Chief tariff negotiator Ryosei Akazawa and his delegation in the Oval Office of the White House in April. Since then, Japan's trade negotiations with the U.S. have produced no tangible results.
BUSINESS / Economy / FOCUS
May 16, 2025

Akazawa's dilemma: no tariff deal or a half-baked deal

Japan has realized the U.S. has no intention of seriously talking about duties on automobiles now.
Nissan's Oliver Rowland drives during qualifying for Miami E-Prix at Homestead Motor Speedway in Homestead, Florida, on April 12.
MORE SPORTS / Auto Racing
May 16, 2025

Nissan hoping to electrify home crowd as Formula E returns to Tokyo

Nissan heads into the race leading the constructor standings.
U.S. President Donald Trump gestures with a clenched fist as he prepares to board Air Force One in Abu Dhabi at the end of his Middle East tour on Friday.
WORLD / Politics / FOCUS
May 17, 2025

Trump reshapes U.S. Mideast policy. Can deals work instead?

The president proclaimed a decisive break with decades of U.S. interventionism, promising a new foreign policy based instead on the art of the deal.
Moody's first gave the United States its pristine "Aaa" rating in 1919 and is the last of the three major credit agencies to downgrade it.
BUSINESS / Economy
May 17, 2025

Moody's cuts America's pristine credit rating, citing rising debt

The move that could complicate U.S. President Donald Trump's efforts to cut taxes and send ripples through global markets.
Wholesalers added ¥7,593 on average to their selling prices for stockpiled rice, far more than the ¥2,206 to ¥4,689 added for the 2022 rice.
BUSINESS
May 17, 2025

Wholesalers may be behind elevated retail rice prices

Larger gaps between wholesalers' procurement and selling prices, which represent their costs and profits, may be a factor, a government survey has suggested.
The Lynas Rare Earths processing plant in Kalgoorlie, Western Australia
BUSINESS
May 18, 2025

Australian firm produces heavy rare earth, in first outside China

Beijing has banned the export of processing technology that could help rival nations, and has been accused of using state-imposed quotas to control supply.
Founded with a mission of promoting electric vehicles, Formula E has always placed sustainability at the forefront of its raison d’etre.
ENVIRONMENT / Sustainability
May 18, 2025

For Formula E, ‘sustainability is at the heart’

Now in its 11th season, Formula E's efforts to reduce emissions and promote electric vehicles are paying off.
U.S. Trade Representative Jamieson Greer (left) U.S. Commerce Secretary Howard Lutnick (second from left), U.S. Treasury Secretary Scott Bessent (second from right) and Ryosei Akazawa, Japan's economic revitalization minster, pose for a photo ahead of a meeting in Washington on May 1.
BUSINESS / Economy / FOCUS
May 19, 2025

China-U.S. trade truce prompts nations to consider tougher tactics

After China’s tough negotiating tactics earned it a favorable deal, nations taking a more diplomatic and expedited approach are questioning whether that’s the right path.
A sinkhole in Yashio, which emerged in January, was triggered by a ruptured, aging sewer pipe. Authorities worry that similar sections of infrastructure across the country are also at risk of corrosion.
JAPAN / Society / Longform
May 19, 2025

That sinking feeling: Japan’s aging sewers are an infrastructure time bomb

A tragic accident in Saitama shows how aging pipes, soft soil and climate threats are straining the country’s infrastructure.
U.S. Treasury Secretary Scott Bessent testifies before a House Financial Services Committee hearing on Capitol Hill in Washington on May 7.
BUSINESS / Economy
May 19, 2025

U.S. Treasury chief to focus on imbalances at G7 finance meeting

U.S. Treasury Secretary Scott Bessent will seek to refocus the group on addressing trade imbalances and nonmarket economic practices.
Pakistan's Chinese-made J-10C fighter jets fly over Islamabad in March 2024. Claims that Chinese fighter jets downed advanced Western-made Indian aircraft in recent clashes have caught investors' attention, raising prospects for increased arms sales for Beijing.
COMMENTARY / World
May 19, 2025

China’s defense industry is getting a DeepSeek moment

Investors are reassessing Beijing’s military capacity and potential to rise as an arms exporter.
Prime Minister Shigeru Ishiba visits the Global Research and Development Center for Business by Quantum-AI technology in Tsukuba, Ibaraki Prefecture, on Sunday.
JAPAN
May 19, 2025

Ishiba to revamp strategy to industrialize quantum tech

Quantum technology is "expected to become a new industrial pillar of our country, and also important for economic security," the prime minister told reporters.
Finance Minister Katsunobu Kato has said he will seek an opportunity for currency talks with his U.S. counterpart Scott Bessent this week.
BUSINESS / Markets
May 19, 2025

Hedge funds reload long yen trades ahead of Kato-Bessent meeting

Finance Minister Katsunobu Kato said he will seek an opportunity for currency talks with his U.S. counterpart, Scott Bessent, this week.
A projected 8 million deepfakes — manipulated video or audio made using artificial intelligence — will be shared worldwide in 2025, about a fifth of which will be part of romance scams, according to cyber firm McAfee.
WORLD / Society
May 19, 2025

Deep love or deepfake: Dating in the time of AI

Scammers are increasingly using deepfakes — manipulated video or audio made using artificial intelligence — to look and sound real on dating apps.
China slapped antidumping duties on imports of engineering plastic, including 35.5% duties on shipments from Japan.
BUSINESS
May 19, 2025

China slaps antidumping duties on plastics from U.S., EU, Japan and Taiwan

POM copolymers can partially replace metals such as copper and zinc and have various applications including in auto parts, electronics and medical equipment.
Employees work on the production line of American infant product and toy manufacturer Kids II at a factory in Jiujiang, in China's Jiangxi province, in June 2021.
BUSINESS / Economy
May 19, 2025

China consumption miss overshadows factory strength amid tariffs

Despite the resilience of factories, weaker consumption for April points to the need for more supportive policies as economists warn of complacency after a 90-day pause on tariffs.
Top Japan trade negotiator canceled U.S. trip over rice, report says
Ryosei Akazawa
‘Mount Fuji Lawson’ becomes a symbol of Japan’s overtourism problem
A couple poses for a wedding photo in front of a Lawson in the town of Kawaguchiko, Yamanashi Prefecture, on Aug. 25.
Philippine bid to acquire used Japanese warships gains steam
Tokyo is looking to transfer Abukuma-class vessels to the Philippines as part of broader efforts to boost the defense capabilities of like-minded neighbors amid growing Chinese military assertiveness in the region.
Japan to launch broad review of immigration policies amid rise in foreign nationals
Foreign tourists at Narita Airport in June. A report released Friday stresses that Japan is at a turning point and that current ad-hoc measures on immigration are no longer sufficient.
The Nobel Prize and a testy phone call: How the Trump-Modi relationship unraveled
U.S. President Donald Trump and Indian Prime Minister Narendra Modi greet one another at the start of a joint news conference in the East Room of the White House in Washington in February.
Japan to launch broad review of immigration policies amid rise in foreign nationals
Foreign tourists at Narita Airport in June. A report released Friday stresses that Japan is at a turning point and that current ad-hoc measures on immigration are no longer sufficient.
Japan is warming up to tattoos — just not permanent ones
Tattoos have a complex history in Japan, but new types of temporary ink are letting locals curious about body art experiment without the commitment.
YouTube Music Weekend is where Japan’s internet-born performers go global
Headlining the second day of YouTube Music Weekend is Vocaloid artist Kikuo, who, with 1.46 million YouTube subscribers, is one of the most popular artists in the genre.
Japan looks to build drone ‘shield’ in record defense budget request
A group of Ground Self-Defense Force service members discuss drone operations and capabilities at a joint static display during the Orient Shield 24 opening ceremony at the Yausubetsu Training Area in Hokkaido in July last year.
Can anime carry the memories of World War II?
Many schools in Japan show "Grave of the Fireflies" as educational material to tell the emotionally grueling story of a boy who has no means to prevent his sister from starving to death.

Podcast

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

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
By Alex K.T. Martin

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