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October 24, 2025
 

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Trade Minister Yoji Muto will skip the Asia-Pacific Economic Cooperation meeting, a decision that will likely lower Tokyo’s chances of securing an opportunity for bilateral talks with U.S. Trade Representative Jamieson Greer.
BUSINESS / Economy
May 14, 2025

Japan’s key officials to skip APEC meet attended by U.S. trade representative

This won’t be the first time Japan’s trade minister will miss the APEC gathering in recent years, but sending a lower-ranking official may make it harder to hold one-on-one talks.
Nippon Life Insurance is diversifying its investments to enhance yields, although it’s a tricky time to invest with U.S. President Donald Trump’s trade war fueling global market volatility.
BUSINESS / Companies
May 14, 2025

Japan’s biggest insurer weighs riskier overseas CLO investments

Japan’s biggest life insurer is considering taking on a little more risk with its investments in collateralized loan obligations (CLOs), as it looks for ways to eke out better returns abroad.
The Tokyo Stock Exchange building in Nihonbashi. The exchange wants companies to lower the entry cost of investing in their shares.
BUSINESS / Markets
May 14, 2025

Tokyo Stock Exchange wants stocks to be affordable for the average investor

Attracting more small investors could help reduce volatility due to the introduction of a wider range of investment strategies.
Chinese Vice Premier He Lifeng attends a meeting with global business leaders at the Great Hall of the People in Beijing on March 28.
WORLD / Politics
May 14, 2025

China surrounded Xi aide with seasoned experts to seal U.S. deal

The crew engaging with Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer was on public display for the first time Sunday.
Solar Park Kasso ApS's e-methanol production plant, located on the outskirts of Aabenraa in Denmark, on Monday
BUSINESS / Companies
May 14, 2025

Mitsui starts mass production of e-methanol with Danish firm

The amount of CO2 emitted from e-methanol production is up to 97% less than that from methanol produced using fossil fuels.
A liquefied natural gas (LNG) tanker is tugged toward a thermal power station in Futtsu, Chiba Prefecture, in 2017.
BUSINESS
May 14, 2025

Japan under pressure from U.S. to invest in Alaska LNG pipeline

Doubts over the pipeline's profitability and viability leaves Japan's participation in the $44 billion (nearly ¥6.7 trillion) project uncertain.
Meta’s rapid AI chatbot rollout is raising safety concerns as critics cite inappropriate responses and poor accountability despite its access to vast user data.
COMMENTARY / Japan
May 14, 2025

Meta’s defense of its rogue AI sounds painfully familiar

The social media platform Meta is going on the attack instead of worrying about its users. How did that work out the last time?
An expected collaboration between Sumitomo Mitsui Financial Group and SoftBank will see the PayPay smartphone payment service being made available via the Olive general financial app provided by Sumitomo Mitsui Banking.
BUSINESS / Companies
May 14, 2025

Sumitomo Mitsui and SoftBank to tie up on digital payment services

The PayPay smartphone payment service operated by a SoftBank affiliate will be made available in Sumitomo Mitsui Banking's Olive app under the partnership.
Panasonic may be poised to benefit from having factories in the U.S. as Tesla and others seek to reduce their reliance on Chinese battery-makers.
BUSINESS / Companies
May 14, 2025

Panasonic CEO says battery plans align with slower EV demand

The supplier of lithium-ion batteries to Tesla is getting ready to start production at a second U.S.-based factory in Kansas, but has frozen plans for a third plant.
Saudi Crown Prince Mohammed bin Salman (right) watches as U.S. President Donald Trump shakes hands with Syria's interim president Ahmad al-Sharaa in Riyadh on Wednesday.
WORLD
May 14, 2025

Trump meets Syrian president and urges him to establish ties with Israel

Trump urged Ahmad al-Sharaa to join the United Arab Emirates, Bahrain and Morocco, which normalized relations with Israel in 2020.
U.S. President Donald Trump talks to Israeli Prime Minister Benjamin Netanyahu in Washington on April 7.
WORLD / Politics / ANALYSIS
May 15, 2025

Bypassed by Trump, Israel dismayed but silent

Israel has maintained a diplomatic silence this week even as their assumptions about their standing with the U.S. were shaken by Trump's moves.
Uber Technologies CEO Dara Khosrowshahi in New York on Wednesday
BUSINESS / Companies
May 15, 2025

Uber to launch self-driving mobility service in Japan

The U.S. ride-hailing service provider plans to introduce autonomous rides in Japan once partner firms are ready, an executive said.
Prime Minister Shigeru Ishiba said the government will do all it can to raise wages, particularly for small and midsize businesses, which account for 70% of employment in Japan.
BUSINESS / Economy
May 15, 2025

Japan to target 1% real wage gains within the next five years

The goal is based on the premise that stable and sustainable 2% inflation is in place.
U.S. President Donald Trump (center), Qatar's Emir Tamim bin Hamad Al-Thani (right) and Boeing CEO Kelly Ortberg attend a signing ceremony in Doha on Wednesday.
BUSINESS / Companies
May 15, 2025

Qatar Airways orders 160 Boeing twin-aisle jets during Trump visit

The deal for Boeing 777X and 787 planes with GE Aerospace engines was worth $96 billion, according to the White House.
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.
For three key Cabinet posts, Takaichi turns to an eclectic trio
Shinjiro Koizumi — son of a former prime minister and rival to the current one — was appointed defense chief after falling short in his bid for the Liberal Democratic Party presidency earlier this month.
Rare female yakuza walks path to redemption in Japan
Retired yakuza Mako Nishimura sorts fallen leaves during a clean-up activity at the Gifu Gokoku shrine in Gifu Prefecture on Sept. 28.
Driving in Japan isn’t hard. Getting the license is.
The byzantine process for converting a foreign driver’s license into a Japanese one entails mountains of paperwork and significant stamina — unless you're a lucky license holder from a country or region where these requirements are waived.
New ‘immigration minister’ post signals Takaichi Cabinet’s priorities
Kimi Onoda, economic security minister and minister for harmonious coexistence with foreign nationals, arrives at the prime minister's office in Tokyo on Tuesday.
Japan's first female PM promised more women in her Cabinet. She picked two.
Prime Minister Sanae Takaichi poses with members of the newly formed Cabinet on Tuesday night.
The newly formed LDP-JIP coalition may not be as solid as it seems
Ruling Liberal Democratic Party President Sanae Takaichi and Japan Innovation Party leader Hirofumi Yoshimura sign a policy agreement between the two parties at the Diet in Tokyo on Monday.
AI-optimized cybercrime increasingly targeting Japan
A recent cyberattack on brewer Asahi Group Holdings resulted in the company suspending shipments.
K-pop idol Chanyeol does J-pop his own way on ‘Hibi’
South Korean singer Chanyeol made his Japanese-language solo debut with the EP “Hibi,” which features six tracks inspired by his love of Japanese music.
In pictures: The day Japan’s glass ceiling finally cracked
Takaichi, surrounded by LDP influencers
London exhibition perhaps sumo's most successful trip abroad
With the recent sumo jaunt to London being essentially a goodwill exercise, <i>rikishi</i> were far more outgoing and relaxed than normal.

Podcast

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

Longform

The byzantine process for converting a foreign driver’s license into a Japanese one entails mountains of paperwork and significant stamina — unless you're a lucky license holder from a country or region where these requirements are waived.
Driving in Japan isn’t hard. Getting the license is.
By Thu-Huong Ha and Mike Fu

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