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The first Lawson store at the time of its opening, in Toyonaka, Osaka Prefecture
BUSINESS / Companies
Jun 13, 2025

Lawson celebrates 50 years since first store opening

Lawson is now focusing on addressing social problems to carve out new roles in a steadily aging society, such as opening stores even in depopulated areas.
Bank of Japan officials now see inflation slightly outpacing earlier forecasts, potentially paving the way for rate hike talks if global trade tensions subside, sources say.
BUSINESS / Economy
Jun 13, 2025

BOJ is said to see inflation running stronger than expected

Some officials see the relative strength in inflation reflecting a change in price-setting behavior with sharp increases in the price of rice likely to harden inflationary views.
Friday's gains were the largest intraday moves for oil futures since 2022 after Russia invaded Ukraine, causing energy prices to spike.
BUSINESS
Jun 13, 2025

Oil soars more than 9% after Israel strikes Iran, rattling investors

Friday's gains were the largest intraday moves for oil futures since 2022 after Russia invaded Ukraine, causing energy prices to spike.
U.S. President Donald Trump's tactics, which may work with Elon Musk, are unlikely to succeed with China, where strategic leverage and national security concerns make such coercive methods ineffective.
COMMENTARY / World
Jun 13, 2025

Donald Trump’s antics may work with Elon Musk, but not with China

Trump’s tactics may work against Elon Musk given that his administration has leverage over Musk’s critical business activities. But with China, it does not.
At modern French restaurant Crony, sommelier Kazutaka Ozawa impresses guests with his thoughtful wine pairings.
LIFE / Food & Drink / Kanpai Culture
Jun 15, 2025

Kazutaka Ozawa: ‘The best wine is the one that brings you joy'

The oenophile, who recently earned the title of Asia’s Best Sommelier, shares his thoughts on domestic sips and Tokyo’s vino trends.
The public breakdown between U.S. President Donald Trump and Elon Musk highlights a familiar pattern among authoritarian leaders: They elevate allies only to discard them when their loyalty falters or their influence threatens the throne.
COMMENTARY / World
Jun 12, 2025

No loyalty lasts: Why authoritarians always betray their allies

The very public and acrimonious split between U.S. President Donald Trump and his once-favorite aide, Elon Musk, would be amusing if it were not so terrifying. Their puerile public feud demonstrated just how insecure — even unhinged — the world’s most powerful person and its wealthiest really are....
Prime Minister Shigeru Ishiba's Cabinet has approved this year's <i>honebuto no hōshin</i>, a document that sets economic and fiscal management guidelines for the government.
BUSINESS / Economy
Jun 13, 2025

Wage growth a focus of this year's honebuto no hōshin

The government's guidelines for economic and fiscal management outline the target of raising the average minimum hourly wage to ¥1,500 by 2030.
Finance Minister Katsunobu Kato speaks to reporters during the Group of Seven finance ministers meeting in Banff, Alberta, last month.
BUSINESS / Markets
Jun 13, 2025

Finance chief Kato says talks with market players key for bond issuance

Kato’s comments come as the ministry is scheduled to hold a meeting with primary dealers on June 20.
U.S. President Donald Trump holds a joint news conference with Prime Minister Shigeru Ishiba at the White House in February.
BUSINESS
Jun 13, 2025

In phone talks, Ishiba and Trump confirm meeting next week to discuss tariffs

The call came as Japan's top tariff negotiator gets set for a sixth round of discussions with his U.S. counterparts over Trump's tariffs.
Part of Osaka Art and Design 2025, Maki Takato’s “Yokai Unity” is a collaboration with a Zen-Buddhist monk from Nara, whose hands in prayer were 3D-scanned for an inflatable sculpture.
CULTURE / Art
Jun 14, 2025

Osaka wants to show off its artistic talents

With the expo underway, the city is buzzing with people. The art scene is trying to catch some of that attention with a variety of events and initiatives this summer.
Ryosei Akazawa, Japan's top tariff negotiator, speaks to reporters in Washington on Friday.
BUSINESS / Economy
Jun 14, 2025

Japan seeks possibility of trade deal with U.S. as G7 summit looms

Japan's top tariff negotiator offered no hint whether a deal could be announced at the upcoming G7 summit in Canada.
U.S. Marines detain Marcos Leao, a 27 year-old veteran, outside the Wilshire Federal Building after Marines were deployed to Los Angeles, as protests against federal immigration sweeps continued in the city on Friday.
WORLD
Jun 14, 2025

U.S. Marines make first detention in LA as more protests expected

The first detention of a civilian is part of a rare domestic use of U.S. forces sent to the city after days of protests over immigration raids.
A production line at a plate rolling mill is seen at Nippon Steel's East Nippon Works Kimitsu Area plant in Kimitsu, Chiba Prefecture, last month.
BUSINESS / Companies / FOCUS
Jun 14, 2025

Debt to decarbonization: challenges for Nippon Steel

The Japanese giant faces numerous headwinds going forward, including onerous U.S. trade tariffs and lackluster global demand.
Ryosei Akazawa, Japan's economic revitalization minster, speaks to members of the media in Washington on Friday.
BUSINESS / Economy
Jun 15, 2025

Japan and U.S. trade negotiators spoke again Saturday

Japan's top tariff negotiator, Ryosei Akazawa, and U.S. Commerce Secretary Howard Lutnick spoke by phone and explored the possibility of a trade deal.
Demonstrators deploy a giant banner reading "We the People," the first three words of the U.S. Constitution's preamble, during a "No Kings" rally in Los Angeles on Saturday, on the same day as President Donald Trump's military parade in Washington.
WORLD / Politics
Jun 15, 2025

As Trump celebrates army’s founding, his critics take to the streets

U.S. President Donald Trump held a military parade the same day that hundreds of protests took place, in what amounted to a split-screen show of force.
U.S. government's "golden share" in U.S. Steel will require the company to obtain approval from the U.S. president before relocating its headquarters from Pittsburgh or changing its name, U.S. Commerce Secretary Howard Lutnick said Saturday.
BUSINESS / Companies
Jun 15, 2025

'Golden share' to help U.S. Steel keep name and prevent relocation

The move will also prevent Nippon Steel from transferring production or jobs outside the U.S. without consent of the U.S. president.
A screenshot of a submarine cable map on TeleGeography’s website shows a network of cables connecting with Japan.
JAPAN / EXPLAINER
Jun 16, 2025

The underlying risks to Japan’s undersea cables

What exactly are undersea cables, and how real is the threat of disruption in Japan?
Japan’s deepening corporate governance reforms and exit from more than a decade of deflation have rekindled global investor interest in the world’s fourth-largest economy.
BUSINESS / Economy
Jun 16, 2025

Hedge funds reap cash from investors ‘starved’ of Japan exposure

Japan’s deepening corporate governance reforms and exit from more than a decade of deflation have rekindled global investor interest.
The skyline of Astana, Kazakhstan. Chinese President Xi Jinping is visiting Kazakhstan for the third time since 2020, making the country of 20 million people one of his favorite destinations in the years after the COVID-19 pandemic curtailed his global travels.
ASIA PACIFIC / Politics
Jun 16, 2025

Xi visits Kazakhstan for talks with Central Asian leaders

The summit in the Kazakh capital Astana is taking place in parallel to the Group of Seven's event in Canada.
Renault CEO Luca de Meo delivers a speech during a Renault-Nissan-Mitsubishi news conference to present updates for the automotive alliance in Boulogne-Billancourt, on Dec. 6, 2023. De Meo, who is leaving Renault, is reportedly taking on the CEO job at luxury group Kering.
BUSINESS / Companies
Jun 16, 2025

Outgoing Renault boss de Meo set for CEO job at Gucci owner Kering: report

Such a move would mark a dramatic change at the luxury group, which has struggled to reinvigorate its top brand after the COVID-19 pandemic.
Proposals to delist Taiyo Holdings have emerged as Japanese companies face pressure from the Tokyo Stock Exchange to boost their value to stay listed.
BUSINESS / Companies
Jun 16, 2025

Taiyo to decide on delisting as early as August, president says

The chemical manufacturer is set to hold its annual shareholders’ meeting on Saturday in which its president, Eiji Sato, is likely to face a vote on his ouster.
Rare earths from Australia's Mount Weld mine. Japanese companies have a supply agreement with a company that sources rare earths from the mine.
BUSINESS / Economy / FOCUS
Jun 16, 2025

Japan and the U.S. face challenges in economic security discussions

In their trade negotiations, the subject is much discussed, especially as rare earths become an issue.
A woman weeps as she holds a poster of TikTok star Sana Yousaf during a protest to condemn violence against women, after Yousaf was killed for rejecting a man's proposal in Islamabad.
ASIA PACIFIC / Society
Jun 16, 2025

'This is a culture': TikTok murder highlights Pakistan's unease with women online

TikTok is wildly popular in the nation, and women have found both audience and income. But as views have surged, so have efforts to police the platform.
Africa’s "blue economy" (oceans and waterways) is vital for global trade, climate resilience and food security, and remains deeply underfunded despite its multibillion-dollar potential.
COMMENTARY / World
Jun 16, 2025

Scaling investment for Africa’s sustainable 'blue economy'

Spanning more than 30,000 kilometers of coastline, Africa’s "blue economy" does $300 billion worth of business each year.
Nippon Steel is buying United States Steel in a deal that gives the U.S. government a golden share in the U.S. steelmaker.
BUSINESS / Companies
Jun 16, 2025

Nippon Steel may have gotten the deal it wanted all along

The Japanese company has already committed to heavy investment in U.S. Steel and a U.S.-controlled board of directors at the American steelmaker.
Nvidia CEO Jensen Huang (left) speaks to German Chancellor Friedrich Merz in Berlin on June 13.
BUSINESS / Tech
Jun 16, 2025

Nvidia's pitch for sovereign AI resonates with EU leaders

The concept for every nation to develop its own artificial intelligence is based on the idea that the language, knowledge, history and culture of each region are different.
Researchers prepare medicine at a laboratory in Nanjing University in Nanjing, in China's Jiangsu province. China's share of global drug development is now nearly 30%.
BUSINESS / FOCUS
Jun 17, 2025

U.S. pharma bets big on China to snap up potential blockbuster drugs

Firms bet they can turn upfront payments of as little as $80 million into multibillion-dollar treatments.
SoftBank Group has sold 21.5 million T-Mobile U.S. shares for $224 each in an unregistered overnight block sale.
BUSINESS / Companies
Jun 17, 2025

SoftBank raises $4.8 billion through T-Mobile share sale

The Japanese technology giant sold 21.5 million T-Mobile shares for $224 each in an unregistered overnight block sale.
Over a five-year period, shares of Bitcoin-buyer Metaplanet have soared more than 3,000%.
BUSINESS / Companies
Jun 17, 2025

Bitcoin buyer Metaplanet sees market value top ¥1 trillion amid crypto rally

But not everyone is convinced Metaplanet’s rally will last, with short positions having grown to about 23% of its free float as of last Thursday.
The Bank of Japan is shifting its strategy on bond purchasing to help stabilize yields on longer-dated securities.
BUSINESS / Economy
Jun 17, 2025

Bank of Japan holds rates steady and signals shift in bond purchases

The central bank is leaning dovish as U.S. tariffs threaten economic growth.

Longform

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