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Telecoms giant KDDI plans with Mitsubishi to take convenience store operator Lawson private could help it as it currently stands behind FamilyMart and Seven & I Holdings in a three-horse race.
COMMENTARY / Japan
Feb 14, 2024

There are clouds on the horizon in Japan’s 'conbini-land'

Industry consolidation has pushed minor players out of the conbini game.
European Commission President Ursula von der Leyen at the European Parliament in Brussels, on April 10. Von der Leyen is unleashing a barrage of trade restrictions against China, aiming to tackle unfair trade practices that are said to be contributing to social and political challenges for the bloc.
WORLD / Politics
Apr 16, 2024

EU pushing back on China's 'assertive' trade practices with probes and policy

Investigations and moves to strengthen regulations aim to tackle trade imbalances that could cause social and political challenges for the bloc.
Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing in May last year.
BUSINESS / Tech / ANALYSIS
Apr 22, 2024

Elon Musk’s robotaxi dreams plunge Tesla into chaos

The idea of creating an autonomous taxi service has been kicking around Tesla for at least eight years.
Suspected intervention to drag the yen off a 34-year low against the dollar is already seen as unlikely to have a lasting effect if Japan continues alone.
BUSINESS / Markets
May 13, 2024

Yen’s fragility raises specter of a new currency war in Asia

A destabilizing slump in the yen could be the trigger that forces Japan’s neighbors to take extreme action.
Seiji Adachi, member of the policy board at the Bank of Japan
BUSINESS / Economy
May 29, 2024

BOJ policymaker hints of rate hike if yen fall has big impact on inflation

While short-term currency moves alone would not trigger a policy shift, the central bank could raise interest rates if excessive yen falls persist.
Nawaf Al-Osimy, chief technical officer of the Jazlah Water Desalination plant, which draws vast quantities of water from the Persian Gulf and makes it drinkable, in Jubail, Saudi Arabia, on March 4.
ENVIRONMENT / Energy
May 30, 2024

Saudi Arabia eyes a future beyond oil

The kingdom is trying to juggle its still-vital petroleum industry with alternative energy sources like wind and solar as it faces pressure to lower carbon emissions.
An LDP panel's proposal on fiscal policy underscores how a weak yen and an exit from ultra-low interest rates are piling pressure on Japan to rein in its huge public debt.
BUSINESS
May 30, 2024

Japan must restore fiscal discipline to protect yen's value, LDP panel says

The views of the panel of Liberal Democratic Party lawmakers are shared by the powerful Finance Ministry, who oversees the state budget.
Chinese electric vehicles bound for shipment at the Port of Taicang in China
BUSINESS / Tech
May 30, 2024

EU seeks roadblocks for Chinese EVs without sparking trade war

Crucially, the bloc must strike a balance with its aim for more Europeans to drive EVs as it prepares to outlaw the sale of new fossil fuel-powered cars from 2035.
Chinese President Xi Jinping reviews the honor guard at the Great Hall of the People in Beijing last month. China is likely to adopt limited and targeted retaliation against the European Union after the bloc unveiled tariff increases on Chinese electric cars.
ASIA PACIFIC / Politics
Jun 14, 2024

China likely to retaliate in targeted ways after Europe raises levies on EVs

Beijing is expected to avoid an excessive response that encourages further trans-Atlantic alignment against China.
The dollar’s reign has wreaked havoc across currency markets, especially in Japan where ultralow interest rates have sent the yen spiraling down more than 11% against the greenback this year.
BUSINESS / Economy
Jun 22, 2024

Dollar winning streak extends into fifth week as yen slumps

The dollar’s reign has wreaked havoc in Japan where low interest rates have sent the yen spiraling down more than 11% against the greenback this year.
Labour Party leader Keir Starmer (center), shadow Chancellor of the Exchequer Rachel Reeves (left) and shadow Foreign Secretary David Lammy in Paris in 2023
WORLD / Politics
Jun 24, 2024

Labour's Brexit red lines set to limit shift in U.K.'s ties with EU

Officials believe the party will struggle to deliver a significantly different trading relationship unless it U-turns on certain issues.
A conceptual design of a potential Hokkaido Spaceport (HOSPO). HOSPO is aiming to become one of Japan’s major domestic spaceports for launching satellite-equipped rockets and spacecraft as well as for the aerospace industry to conduct research and development.
JAPAN / Science & Health / Regional Voices: Hokkaido
Jul 22, 2024

Small Hokkaido town looks to the stars for future growth

Taiki, population 5,300, is home to what is billed as Asia’s first privately operated spaceport — Hokkaido Spaceport.
A monitor in Tokyo shows the yen strengthening to the ¥157 range against the dollar late Thursday evening.
BUSINESS / Markets
Jul 12, 2024

Japan likely spent $22 billion on yen intervention Thursday

Japan’s currency firmed from around ¥161.58 against the dollar to ¥157.44 in little more than half an hour.
A man takes a picture of an electronic quotation board displaying the closing numbers of share prices on the Tokyo Stock Exchange on Friday.
BUSINESS / Markets
Aug 3, 2024

Tokyo stocks likely to remain volatile in coming days

The benchmark Nikkei 225 average has been forecast to move between 34,000 and 38,000.
Bank of Japan Deputy Governor Ryozo Himino
BUSINESS / Economy
Aug 28, 2024

BOJ deputy governor sees rate hike justified if outlook realized

Bank of Japan Deputy Gov. Ryozo Himino's comments underscore the central bank's basically unchanged stance following ructions in the financial markets.
The dollar fell to an eight-month low in Tokyo trading Wednesday morning, after a Bank of Japan policymaker signaled a willingness to raise interest rates further.
BUSINESS / Markets
Sep 11, 2024

Yen leads gains versus dollar as traders weigh BOJ and U.S. debate

The yen has been in a broad appreciation trend since hitting a multi-decade low of ¥161.95 on July 3.
Prime Minister Shigeru Ishiba meets with Bank of Japan Gov. Kazuo Ueda at the Prime Minister's Office on Wednesday.
BUSINESS
Oct 3, 2024

Further BOJ rate hike this year in doubt after Ishiba's surprise warning

A survey last month showed 53% of economists forecast the BOJ would push up interest rates in December, but that outlook is now in question.
Speculative investors flipped to a net long position on the yen just before Prime Minister Shigeru Ishiba said the nation wasn’t ready for further interest rate hikes, data shows.
BUSINESS / Markets
Oct 8, 2024

Hedge funds warming to yen caught out by biggest drop in 15 years

Many bought the yen just before cautious comments by Prime Minister Shigeru Ishiba on rate hikes and strong U.S. nonfarm payrolls data.
Chinese Finance Minister Lan Fo’an (center) during a news conference in Beijing on Saturday
BUSINESS / Economy
Oct 14, 2024

China leaves economists wanting more action to defeat deflation

The supportive measures announced by Finance Minister Lan Fo'an over the weekend gave little indication Chinese authorities feel any urgency to boost consumption.
A Toyota Motor Lexus LF-ZC electric concept vehicle at the Beijing Auto Show in April
BUSINESS
Nov 11, 2024

Toyota aims to ramp up China production in a strategy pivot

The plan represents a strategic pivot by the world's top selling automaker in the world's largest car market.
The likelihood of interest-rate hikes from the Bank of Japan and further cuts from the Federal Reserve will drive the yen's recovery to as far as ¥130 against the dollar, according to some strategists.
BUSINESS / Markets
Nov 18, 2024

Yen bulls lie in wait for U.S.-Japan yield gap to shrink next year

The likelihood of Bank of Japan interest-rate hikes and further Federal Reserve cuts will drive the yen's recovery, some say.
The yen carry trade is expected to ramp up next year, driven by wide gaps in interest rates, higher government borrowing in the U.S. and low volatility in currency markets, analysts say.
BUSINESS / Markets
Dec 3, 2024

Yen carry trade that rattled markets shows signs of a comeback

Japanese retail investors as well as leveraged funds and asset managers outside the country are estimated to have boosted bearish wagers on the yen in November.
A smartphone with a displayed Nvidia logo is placed on a computer motherboard in this illustration taken March 6, 2023.
WORLD / Politics
Dec 10, 2024

Nvidia hit with China probe in global tech war escalation

The move against Nvidia is Beijing’s latest riposte to escalating U.S. technology curbs.
Bank of Japan Gov. Kazuo Ueda
BUSINESS / Economy
Jan 15, 2025

BOJ’s Ueda joins deputy chief in flagging chance of January hike

Following Ueda’s remarks, the yen strengthened as much as 0.4% to ¥157.34 against the dollar.
President Donald Trump’s order making English the official language of the country is unnecessary, as nearly 80% of people in the U.S. already speak it at home.
COMMENTARY / World
Mar 14, 2025

America doesn’t need an official language

After all, what is our shared culture if not the mix of cultures — including languages — that make and remake America every day?
Takashi Murata, head of Japan at Warburg Pincus in Tokyo, says the private-equity firm is confident about market growth in Tokyo despite the overall depopulation of Japan.
BUSINESS / Companies
Apr 2, 2025

Warburg purchases Tokyo rental houses and plans Japan office

The New York-based private equity firm said it acquired a portfolio of 1,195 shared rental houses in the greater Tokyo area.
The Dow Jones Industrial Average after the close of trading on the floor at the New York Stock Exchange after the closing bell on Friday.
BUSINESS / Markets / FOCUS
Apr 5, 2025

Recession trade engulfs Wall Street on tariff fight

Traders are pricing in what increasingly looks like a negative-feedback loop as Trump indicates he’s not going to back down.
Prime Minister Shigeru Ishiba said Japan does not intend to seek direct confrontation with the U.S. over the newly levied tariffs, during a parliamentary committee session in Tokyo on Monday.
BUSINESS / Economy
Apr 7, 2025

Japan to avoid direct confrontation with the U.S. over Trump tariffs

The Japanese prime minister is calling for a more diplomatic and fact-based approach, in part by examining U.S. allegations about trade barriers.
Sen. Elizabeth Warren, a U.S. Democrat from Massachusetts, speaks on the floor of the New York Stock Exchange on Thursday. Warren says a series of rash actions by the U.S. president are seeding uncertainty across the economy.
BUSINESS / Markets
Apr 21, 2025

Wall Street ‘cops are gone’ after Trump overhaul, Democratic senator warns

The moves to purge federal regulatory agencies would leave consumers and markets vulnerable to fraud and corruption, Sen. Elizabeth Warren says.
"It does exist as a card,” said Kato, speaking on a TV Tokyo program Friday, when asked if Japan’s stance of not selling U.S. Treasury holdings could be a negotiation tool.
BUSINESS / Economy
May 2, 2025

Japan’s Kato says U.S. Treasury holdings could be negotiation card

The comments come amid negotiations between Japan and the U.S. after President Donald Trump ramped up his global tariff campaign.

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