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Japan will be the newest addition to the list of countries where TikTok Shop is available, which already includes the U.S. and the Philippines.
BUSINESS / Companies
Jun 17, 2025

TikTok Shop to launch e-commerce service in Japan as soon as this month

The service, already available in several other countries, allows users to purchase promoted products directly from the social media app.
Goldin Auctions CEO Ken Goldin speaks to a collector in Ikebukuro on Saturday.
MORE SPORTS
Jun 17, 2025

Ken Goldin brings his sports memorabilia from Netflix to Tokyo

Goldin Auctions CEO Ken Goldin brought some high-end sports memorabilia for the public to see on his first trip to Japan.
The all-electric Nissan Leaf has sold almost 700,000 units since it was originally released in 2010, making the Japanese carmaker an EV pioneer.
BUSINESS / Companies
Jun 17, 2025

The world’s first mass market electric car is getting a facelift

Nissan Motor's push to breathe new life into its lineup will see the debut of an updated version of the Leaf.
U.S. President Donald Trump is granting a third reprieve to TikTok from enforcement of a congressionally mandated ban that was supposed to take effect in January.
BUSINESS / Tech
Jun 18, 2025

Trump to extend TikTok sale deadline for third time, White House says

The U.S. president will extend the June 19 deadline for 90 days.
Exports measured by value dropped 1.7% in May from a year earlier, suggesting exporters may be absorbing the tariff shock by cutting prices, as export volume rose 1.8%.
BUSINESS / Economy
Jun 18, 2025

Japan’s export drop raises recession risks as U.S. tariffs bite

The drop in exports and the larger trade deficit add to concerns that Japan’s economy could shrink again in the second quarter.
Honda's experimental reusable rocket during a launching and landing test
BUSINESS / Companies
Jun 18, 2025

Honda hails successful test of reusable rocket

Japan's second-biggest carmaker has successfully tested an experimental reusable rocket as it seeks to expand into the space sector.
Masuiyama competes during a tournament in Tokyo in May 1980.
SUMO / INSIDE SUMO
Jun 18, 2025

Music star Masuiyama, a former ōzeki who died Sunday at 76, blazed unique trail

Masuiyama was unique in the world of sumo in that he gained as much fame — if not more — for what he did outside of the ring.
The Leonardo da Vinci International Airport in Fiumicino, near Rome, in 2024
BUSINESS
Jun 18, 2025

Airfares from Western Europe to United States drop amid pullback in U.S. travel

In March, travel to the United States from Western Europe fell 17% year-over-year, according to U.S. data
Mitsubishi Motors is raising prices on some of its models, including the gasoline version of Outlander Sport sold in the U.S. market.
BUSINESS / Companies
Jun 18, 2025

Mitsubishi Motors raises U.S. prices as tariffs roil carmakers

The new prices will affect vehicles delivered after Wednesday and won’t be applied to cars currently on display in showrooms.
A Nippon Steel facility in Kashima, Ibaraki prefecture on Dec. 6, 2024
BUSINESS / Companies
Jun 19, 2025

Nippon Steel closes acquisition of U.S. Steel to end 18-month saga

The controversial deal weathered two presidential administrations, union opposition, an expensive lobbying campaign and two U.S. security panel reviews.
The Lakers' LeBron James stands on the team's logo during a game against the Mavericks in January 2024.
BASKETBALL / NBA
Jun 19, 2025

Buss family to sell Lakers to Dodgers owner in record-shattering deal

The Buss family is selling its controlling interest in the team to billionaire Mark Walter, who already owns a minority stake in the franchise.
East Japan Railway will halt individual operations of E8 series Shinkansen trains until the cause of the trouble is identified.
BUSINESS / Companies
Jun 19, 2025

JR East to suspend E8 shinkansen trains for time being

On Tuesday, a malfunction led to a service suspension between Tokyo Station and Sendai Station in Miyagi Prefecture for about five and a half hours.
Tokyo Electric Power Company Holdings will cut July electricity bills for standard households by ¥616 from the previous month to ¥8,236.
BUSINESS / Companies
Jun 19, 2025

Tepco to cut household electricity bills in July

Nine other major power suppliers and four major city gas providers are also likely to considerably reduce their rates.
David Sacks, White House artificial intelligence and crypto czar, said the U.S. should be concerned that Huawei Technologies is moving fast to catch up to its rivals outside China.
BUSINESS
Jun 19, 2025

China adept at evading chip curbs, Trump adviser David Sacks says

DeepSeek’s breakthrough artificial intelligence model earlier this year demonstrated how China could still advance even with export controls in place, Sacks said.
KG Motors CEO Kazunari Kusunoki with the ultra compact electric vehicle Mibot
BUSINESS
Jun 19, 2025

This $7,000 single-seat electric car has become a hit in Japan

In the rural suburbs of Hiroshima, a Japanese startup is trying to kick-start the nation’s electric vehicle market with the smallest, cheapest car it can possibly make.
Paetongtarn Shinawatra, Thailand's prime minister, holds a news conference in Bangkok on Thursday.
ASIA PACIFIC / Politics
Jun 19, 2025

Youngest Thai prime minister faces swift end to her short career

After her largest backer pulled support, Paetongtarn Shinawatra has barely enough votes for a parliamentary majority and other key allies are holding urgent talks today.
Japan’s trade surplus with the U.S. last year stood at ¥8.6 trillion ($59.3 billion). Roughly 82% of the gap was due to Japan’s surplus in cars and auto parts.
BUSINESS / Economy
Jun 19, 2025

U.S. focus on auto trade gap is sticking point for Japan deal

Prime Minister Shigeru Ishiba briefed CDP leader Yoshihiko Noda and others about the latest developments in the bilateral trade negotiations.
Consumer prices excluding fresh food quickened for a third month to 3.7% from a year earlier in May.
BUSINESS / Economy
Jun 20, 2025

Japan’s prices climb by most in two years ahead of Upper House election

Consumer prices excluding fresh food quickened for a third month to 3.7% from a year earlier in May, according to an internal affairs ministry's release Friday.
Flames rise as a SpaceX rocket explodes in Brownsville, Texas, on Wednesday, in this screengrab obtained from a social media video.
BUSINESS / Companies
Jun 20, 2025

SpaceX Starship rocket explodes in setback to Musk's Mars mission

The company attributed the explosion to a "major anomaly" and said all personnel were safe.
Norway's central bank in Oslo. The krone slid roughly 1% against the dollar and the euro after a rate cut.
BUSINESS / Economy / ANALYSIS
Jun 20, 2025

Oil, war and tariffs tear up global markets' central bank roadmap

Monetary policy uncertainty is one more headwind for markets to navigate against a backdrop of geopolitical and trade risks.
Nippon Steel Chairman and CEO Eiji Hashimoto (left) and Nippon Steel Vice Chairman and Executive Vice President Takahiro Mori. The Japanese company is still undecided about a civil suit filed against a U.S. competitor.
BUSINESS / Companies
Jun 20, 2025

Nippon Steel drops lawsuit against U.S. government after acquiring U.S. Steel

The Japanese company had challenged the legality of U.S. President Joe Biden's rejection of the acquisition.
The Japanese Bankers Association said Thursday that it has revised its sample agreement to explicitly prohibit the storage of cash in safe-deposit boxes.
BUSINESS / Companies
Jun 20, 2025

Japanese banks set to ban storage of cash in safe-deposit boxes

In recent months, incidents came to light in which workers at major lenders allegedly stole client valuables held in such boxes.
The Upper House during a plenary session in Tokyo on Wednesday
JAPAN / Politics / FOCUS
Jun 20, 2025

Ishiba handles minority government well over the six-month session

With parliamentary business concluding, all eyes are on next month’s Upper House election.
Economic Revitalization Minister Ryosei Akazawa deflected a question over whether Japan will seek an extension of the deadline for the across-the-board tariffs.
BUSINESS / Economy
Jun 20, 2025

Japan won’t fixate on July 9 in U.S. trade talks, says Akazawa

Tokyo's top trade negotiator deflected a question over whether Japan will seek an extension of the deadline for the across-the-board tariffs.
Auckland City's Adam Mitchell reacts during his team's match against Bayern Munich in Cincinnati, Ohio, on June 15.
SOCCER
Jun 20, 2025

Club World Cup is both blessing and curse for amateur club Auckland City

Auckland City lost 10-0 against European giant Bayern Munich at the Club World Cup.
Japan sees liquefied natural gas as vital to energy security.
BUSINESS / Companies
Jun 20, 2025

Japan seeks gas past 2050, with AI and data centers set to lift demand

The government expects a boom in artificial intelligence, data centers and semiconductor chip-making factories to revive power demand.
About three-quarters of Japanese imported crude oil travels through the Strait of Hormuz, which Iran has threatened to close.
BUSINESS / Economy / FOCUS
Jun 20, 2025

Japan’s economy is particularly vulnerable amid Middle East conflict

The yen is not trading like a safe-haven asset following Israel's efforts to knock out Iran's nuclear program.
Chief tariff negotiator Ryosei Akazawa has said that his U.S. counterparts are open to an extension of the July 9 deadline for countries that are making an effort toward a deal.
BUSINESS / Economy
Jun 20, 2025

Japan hopes good-faith negotiations will buy it some time in U.S. tariff talks

U.S negotiators have said that the July 9 deadline is flexible and that extensions might be granted.
Finance Minister Katsunobu Kato during an interview at the Finance Ministry in Tokyo in April
BUSINESS / Markets
Jun 20, 2025

Japan surprises with plan for bigger cut to superlong bond issuance

The Finance Ministry proposed reducing the issuance of 20-, 30- and 40-year bonds by a total of ¥3.2 trillion ($22 billion) through the end of March 2026.
SoftBank CEO Masayoshi Son at Donald Trump's resort in Florida in December last year
BUSINESS / Companies
Jun 20, 2025

Masayoshi Son pitches $1 trillion U.S. AI hub to TSMC and Trump team

Son envisions a version of the vast manufacturing hub of China’s Shenzhen that would bring back high-tech manufacturing to the U.S.

Longform

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