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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.
Grown in the town of Moroyama in Saitama Prefecture, Katsuragi yuzu is believed to be Japan's oldest cultivated yuzu variety.
LIFE / Food & Drink
Jun 22, 2025

The juicy tale of Saitama's prized yuzu

Locals are supporting the country’s oldest cultivation of the Japanese citrus via creative ways like ownership schemes and turning the fruit into various sips and savories.
A White House official said the United States is  "just laying the groundwork" for possibly revoking authorizations granted in recent years to global chipmakers Samsung, SK Hynix and TSMC to receive U.S. goods and technology at their plants in China, in case the trade truce reached between the two countries falls apart.
BUSINESS / Tech
Jun 21, 2025

U.S. may target Samsung, Hynix and TSMC operations in China

Revoking authorizations to receive U.S. goods and tech would make it difficult for foreign chipmakers to operate in China.
U.S. Federal Reserve Chair Jerome Powell attends a news conference in Washington on Wednesday.
BUSINESS / Economy
Jun 21, 2025

Trump floats firing 'numbskull' Fed chair Jerome Powell

The Republican leader regularly berates Powell over the bank's decisions not to lower interest rates.
Lexus GX 550 SUV is displayed at the New York International Auto Show in New York in March last year.
BUSINESS / Companies
Jun 21, 2025

Toyota to raise U.S. auto prices by more than $200 from July

Some Toyota- and Lexus-branded models will see their prices raised by an average of $270 and $208, respectively.
Smoke rises from an Israeli attack on an oil refinery in Tehran on June 15.
BUSINESS / Markets
Jun 22, 2025

Trump’s airstrikes on Iran leave oil market poised for surge

A recent rise in the price of oil is expected to restart on Monday after the U.S. assault dramatically raised the stakes in a region that accounts for a third of global oil output.
U.S. President Donald Trump holds a meeting in the Situation Room at the White House in Washington on Saturday.
WORLD / Politics / ANALYSIS
Jun 22, 2025

Strikes on Iran mark Trump's biggest, and riskiest, foreign policy gamble

U.S. President Donald Trump's decision to deliver military strikes on key Iranian nuclear sites is fraught with risks and unknowns.
An under-construction container ship sits at the Daewoo DSME shipyard in Okpo, South Korea, in December 2014.
BUSINESS / Economy / FOCUS
Jun 22, 2025

South Korea counts on shipbuilding to ease U.S. tariff woes

Already hit by sector levies on steel and car exports, Seoul is laser-focused on negotiations over a 25% country-specific tariff.
People pray during a visit to Yasukuni Shrine in Tokyo on Aug. 15, the 79th anniversary of Japan's surrender during World War II.
COMMENTARY / Japan
Jun 20, 2025

Why only Japan is criticized for honoring its war dead

Other countries honor the ultimate sacrifice regardless of whether the war was just, later judged a mistake or involved actions that could be seen as war crimes.
A worker checks sunscreen products during the final manufacturing process at a factory for the Japanese chemical and cosmetics company Kao in Odawara, Kanagawa Prefecture.
LIFE / Lifestyle
Jun 23, 2025

Why Japanese sunscreen is going viral — and selling out

Japanese skincare is getting its moment in the sun thanks to the help of beauty influencers on YouTube and other social media platforms.
Protesters, predominantly Houthi supporters, burn Israeli and U.S. flags as they demonstrate in solidarity with Palestinians and Iran, amid the Iran-Israel conflict, in Sanaa, Yemen, on Friday.
BUSINESS / Markets
Jun 23, 2025

How a cornered Iran could wreak havoc on global oil trade

Iran has over the years threatened multiple times to shut the Strait of Hormuz — a narrow stretch of water through which a fifth of the world’s oil supply flows each day.
An employee welds lithium batteries in Verrieres-en-Anjou, western France, on June 10.
BUSINESS
Jun 23, 2025

Europe's lithium quest hampered by China and lack of cash

The bloc's broader energy security and climate goals could depend on securing a steady supply of the key mineral, used in batteries and other clean energy supply chains.
Rice paddies in the city of Asahikawa, Hokkaido. Rice is a major crop for Hokkaido, with the region having produced 562,400 tons of it last year.
BUSINESS / Economy / Regional Voices: Hokkaido
Jun 30, 2025

U.S. import pressure raises concerns for Hokkaido agriculture

The U.S. is nudging Japan to import more rice, soybeans, and maize — vital crops that support Hokkaido's economy.
People attend a protest following U.S. attacks on Iranian nuclear sites, amid the Iran-Israel conflict, in Tehran on Sunday.
BUSINESS / Economy
Jun 23, 2025

U.S. strikes on Iran come at fragile moment for the global economy

The biggest economic impact from a prolonged conflict in the Middle East would likely be felt via surging oil prices.
Prime Minister Shigeru Ishiba speaks at a ceremony in the Peace Memorial Park in Itoman, Okinawa Prefecture, on Monday.
JAPAN / History
Jun 23, 2025

Okinawa marks 80th anniversary of end of ferocious ground battle

Prime Minister Shigeru Ishiba spoke of the horrific ground war involving Okinawan residents, noting that 200,000 lives were lost, or about one in four Okinawans.
A checkout system equipped with a display showing a 3D avatar enables a Lawson employee to remotely help customers at an experimental Lawson store that opened Monday in Tokyo.
BUSINESS / Companies
Jun 23, 2025

Lawson beta tests futuristic convenience store with KDDI

Real x Tech Lawson utilizes a range of technologies, including robotics, digital signage and artificial intelligence.

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