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A Mynavi survey has found that even dual-income households are facing financial strain in Japan.
JAPAN / Society
May 16, 2025

Finances are tight for dual-income households too, survey finds

Nearly half of full-time workers whose spouses also work say they are struggling financially.
Prime Minister Shigeru Ishiba attends a Cabinet meeting in Tokyo on Friday.
JAPAN / Politics
May 16, 2025

Pension bill makes it to parliament after two-month delay

Internal resistance from the ruling Liberal Democratic Party toward certain proposals in the draft bill led to the delay.
British Prime Minister Keir Starmer speaks with members of the media as he arrives for the European Political Community summit in Tirana, Albania, on Friday.
WORLD / Politics
May 18, 2025

U.K. and EU wrangle over students and travel ahead of reset summit

Hours before Prime Minister Keir Starmer was scheduled to host EU leaders on Monday, the U.K. and the EU had still not agreed on plans for a youth exchange program.
Muneyuki Izawa, a chef at the Japanese ambassador's official residence in Phnom Penh, prepares Japanese cuisine dishes.
JAPAN
May 18, 2025

Japan working to improve treatment of 'culinary diplomats' in diplomatic missions

In July, the ministry will start accepting applications for chef positions under improved working conditions, with the improved treatment set to take effect next January.
Kim Moon-soo, the presidential candidate for South Korea's conservative People Power Party, attends an election campaign rally in Seoul on Monday.
ASIA PACIFIC / Politics
May 19, 2025

South Korean conservative presidential candidate open to discussing U.S. troop costs

South Korea's conservative presidential candidate Kim Moon-soo said on Monday he was willing to discuss sharing more of the cost of stationing the U.S. military in the country.
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.
Moody’s downgrade of the U.S. credit rating reflects growing concern over Washington’s unwillingness to confront rising debt, soaring deficits and interest costs — even as global investors keep piling into Treasuries.
COMMENTARY
May 19, 2025

Moody’s tells us what we already know about U.S. debt

Take the firm’s decision to strip the country of its top AAA credit rating seriously, not literally.
Nvidia CEO Jensen Huang gives a keynote speech at Computex in Taipei on Monday.
BUSINESS
May 19, 2025

Nvidia CEO unveils new technologies to protect AI chip lead

Huang introduced a new RTX Pro Server system, which he said offered four times better performance than Nvidia’s former flagship H100 AI system with DeepSeek workloads.
Trey Cabbage celebrates after hitting a home run at Tokyo Dome on May 1.
BASEBALL / Japanese Baseball
May 19, 2025

Giants' Trey Cabbage not weighed down by pressure to replace Kazuma Okamoto

Cabbage has taken the majority of the at-bats in the cleanup spot since Okamoto suffered an elbow injury on May 6.
The Europe League trophy on display in Bilbao, Spain, on Saturday, ahead of the league final game between Tottenham Hotspur and Manchester United on Wednesday
SOCCER
May 20, 2025

Europa League final offers financial savior for Man Utd and Spurs

Both clubs head to Bilbao for the final assailed by stinging criticism amid their worst seasons of the Premier League era.
Former inmates work as trainees in the forestry industry in Nara Prefecture under the prefecture's fully funded rehabilitation program.
JAPAN / Society
May 20, 2025

Nara initiative offers second chances to former prison inmates

Since 2020, nine people have participated in a first-of-its-kind reintegration program, with job training, housing and life skills classes.
Senate minority leader Chuck Schumer is among the key Democrats who have raised concerns about Middle East chip deals.
WORLD / Politics
May 20, 2025

Democrats warn Trump’s Middle East chip deals imperil U.S. security

Key U.S. Senate Democrats have urged the administration of President Donald Trump to revisit new artificial intelligence deals with Saudi Arabia and the United Arab Emirates, saying that expanded sales of AI chips to the Middle Eastern countries risk exposing advanced technology to China and Russia,...
Kimihiro Matsuzaki prepares dishes at his half-century-old restaurant, Yanagi, in Iwaki, Fukushima Prefecture.
BUSINESS / Companies / Regional Voices: Fukushima
Jun 2, 2025

Profitable Fukushima companies closing due to lack of successors

According to Teikoku Databank, more than a third of the companies that went out of business in the prefecture in 2024 were in the black.
The U.S. debt crisis can’t be fixed without reforming entitlements, and that means Americans must retire later and pay more in taxes.
COMMENTARY / World
May 22, 2025

To fix the U.S. debt problem, Americans must retire later

The House’s proposed $3.7 trillion tax bill isn’t what sparked that Moody’s downgrade — it was the runaway growth of entitlement spending.
Some 620,000 workers at 97 major companies affiliated with the Japan Business Federation saw average pay raises of 5.38%.
BUSINESS
May 22, 2025

Japan’s largest business lobby reports pay hikes exceeding 5%

Some 620,000 workers at 97 major companies affiliated with the Japan Business Federation saw average pay raises of 5.38%.
Compensation paid in the year that ended in March to Nomura Holdings' seven executive officers totaled ¥4.6 billion, up 3% from the previous year when there were eight such officers.
BUSINESS / Companies
May 23, 2025

Nomura raises top executives’ pay to highest in over a decade

Compensation paid in the year ended March to the company’s seven executive officers totaled ¥4.6 billion.
Paraguayan President Santiago Pena speaks during an interview with The Japan Times in Tokyo on Thursday.
JAPAN / Politics
May 23, 2025

As Taiwan looks to boost ‘unofficial ties,’ Paraguay’s leader offers facilitator role

Paraguayan President Santiago Pena stressed his government is “more than willing to support and be a strong ally” to Taiwan.
U.S. President Donald Trump arrives in Washington on Thursday.
BUSINESS / Companies
May 23, 2025

Trump re-escalates trade threats, aiming at Apple and European Union

The tech giant has become a frequent Trump target in his push to force companies to bring more manufacturing jobs to the U.S.
Mervat Hijazi washes clothes inside the tent they took shelter in after being displaced in Gaza City.
WORLD / Society
May 24, 2025

Diary of a Gazan family's descent toward starvation

The family's plight is a snapshot of the misery plaguing the Palestinian enclave of Gaza.
Students on the campus of Harvard University in Cambridge, Massachusetts, on Friday
WORLD / Politics
May 25, 2025

Trump's moves seen threatening key sources of U.S. 'soft power'

The U.S. president has attacked the media, cut foreign aid and canceled or seriously scaled back university research programs — raising fears of a brain drain in the country.
U.S. President Donald Trump says U.S. Steel will be "controlled by the United States, otherwise I wouldn’t make the deal” on what he called a "partnership" with Nippon Steel.
BUSINESS / Companies
May 26, 2025

Trump backing for Nippon Steel deal comes with big questions

The U.S. leader's unexpected announcement stopped short of explicitly endorsing Nippon Steel’s proposed takeover, instead asserting that U.S. Steel would "remain American.”
Jack Ma attends his company Alibaba Group's initial public offering at the New York Stock Exchange in September 2014. After a long absence from the public sphere, Ma recently attended a government-led private enterprises symposium in Beijing.
COMMENTARY / World / Geoeconomic Briefing
May 26, 2025

Harnessing China’s tech giants: The case of Jack Ma

Alibaba founder Jack Ma's rehabilitation into public life signals China's intention to steer its tech entrepreneurs to do business with broader national interests in mind.
Takahiro Mori, executive vice president of Japan's biggest steelmaker Nippon Steel, speaks about its strategy in its headquarters in Tokyo on Nov. 28, 2023.
BUSINESS / Companies / FOCUS
May 26, 2025

Garage meets and sleepless flights: How Nippon Steel's negotiator stuck at U.S. merger

With Biden's incoming successor Donald Trump also voicing opposition to the planned purchase, the outlook was bleak.
Osaka Prefectural Police have arrested two men for allegedly stealing a safe containing roughly ¥100 million ($702,500) from the home of a company president last year.
JAPAN / Crime & Legal
May 27, 2025

Osaka police arrest two men in ¥100 million home burglary

Investigators believe the suspects may have had advance knowledge of both the cash and the location of a spare key inside the home for the safe they stole.
Prime Minister Shigeru Ishiba speaks at a meeting of the government's advisory Council on Economic and Fiscal Policy on Monday at the Prime Minister's Office in Tokyo.
BUSINESS / Economy
May 27, 2025

Japan private sector backs 1% real wage growth per year over next five years

The plan was first mentioned by the government’s "new capitalism" panel earlier this month.
A view of the construction site of BYD's electric vehicle factory at the Industrial Complex in the city of Camacari, in the state of Bahia, Brazil, on Jan. 9
BUSINESS / Companies
May 28, 2025

Brazil sues EV giant BYD over ‘slavery’ conditions at plant

Prosecutors said 220 Chinese workers were found in December in conditions "analogous to slavery” and described them as victims of human trafficking.
Workers assemble a Nissan Juke at the production line at Nissan's factory in Sunderland, England, in November 2023.
BUSINESS / Companies
May 28, 2025

Nissan seeks to raise $7 billion with backing from U.K. government

The struggling automaker plans to issue debt and sell assets to raise funds for keeping its operations on track, according to internal documents.
Shipping containers from China at the Port of Los Angeles, in San Pedro, California.
BUSINESS / Economy / ANALYSIS
May 30, 2025

Trump's tariff tally: $34 billion and counting, global companies say

Many companies said the erratic nature of U.S. President Donald Trump's trade policies has made it impossible to accurately estimate costs.
Tokyo’s consumer price index that serves as a leading indicator for national inflation trends posted in May the biggest year-on-year rise since January 2023.
BUSINESS / Economy
May 30, 2025

Tokyo prices rising most in two years keeps BOJ on hike path

The food price gains are a worrisome sign for Prime Minister Shigeru Ishiba ahead of a summer election expected to be held by July.
Software engineer and former Department of Government Efficiency staff member Sahil Lavingia
WORLD
May 30, 2025

DOGE likely to fizzle out without Musk, says ex-staffer

Software engineer Sahil Lavingia, who spent almost two months working for the group of pro-Musk technologists, said he expects DOGE to quickly "die a whimper.”

Longform

Rock group The Yellow Monkey played K-Arena Yokohama in June as part of a nationwide tour. Concerts are increasingly popular in the age of social media as users value in-person experiences.
Inside Japan’s arena boom: Sports, sound and city-building