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U.S. Federal Reserve Chair Jerome Powell and his colleagues are deliberating on interest rates this week.
BUSINESS / Economy
Jul 28, 2025

Pressure mounts on Fed chief Powell in tee-up to GDP and jobs data

Fed officials are meeting this week as the government issues reports on gross domestic product, employment and the central bank’s preferred price metrics.
The dashboard screen of a Toyota RAV4 compact crossover vehicle at an event in May
BUSINESS / Companies / FOCUS
Jul 28, 2025

Toyota’s internal inertia stifles digital transformation effort

Inside Toyota, a group of employees are worried about the company’s future in an era when a car’s software matters just as much as its sheet metal.
U.S. Treasury Secretary Scott Bessent (left) shakes hands with economic revitalization minister Ryosei Akazawa, Japan's chief tariff negotiator, at the Osaka Expo in the city of Osaka on July 19.
BUSINESS / Economy
Jul 28, 2025

Japan expects only 1% to 2% of $550 billion U.S. fund to be investment

The bulk of the fund, agreed as part of Japan's trade deal with the U.S., will consist of loans, says chief tariff negotiator Ryosei Akazawa.
A Hyundai Merchant Marine container ship under construction at the HJ Shipbuilding & Construction shipyard in Busan, South Korea, on July 22
BUSINESS / Economy
Jul 28, 2025

South Korea pitches Trump on shipyards for last-minute trade deal

While details remain unclear, Yonhap News reported that South Korea has proposed a multibillion dollar project dubbed "Make American Shipbuilding Great Again.”
Peruvian police seized four tons of illegal mercury from Mexico bound for Bolivia, dealing a severe blow to criminal organizations linked to illegal gold mining, customs authorities reported on Thursday.
WORLD
Jul 28, 2025

Smuggled mercury shows extent of illegal Amazon gold mining

Record gold prices have encouraged a flourishing illegal mining trade that damages local nature and biodiversity and is raising significant health concerns.
A view of the Balboa Port in Panama City on March 4
BUSINESS
Jul 28, 2025

CK Hutchison to invite China investor to join port deal

State-owned China Cosco Shipping was negotiating a powerful role for itself as a condition to join the consortium, it was reported last week.
Paul Weaver, director and head of cannabis at U.S.-based Boston Beer Company, shows the company's weed-themed product catalogs in his office in Toronto in June.
BUSINESS
Jul 28, 2025

U.S. alcohol sector prepares to fight back against buzzy cannabis drinks

Alcohol makers are still suffering a hangover following America's pandemic drinking binge, when sales spiked as cash-flush consumers splurged on pricey bottles of liquor.
Hajime Kawano and his family traveled from Japan to see Ichiro Suzuki be inducted into the Baseball Hall of Fame in Cooperstown, New York, on Sunday.
BASEBALL / MLB
Jul 28, 2025

Ichiro's Hall of Fame induction becomes family affair for some fans

Some traveled from Japan to the United States to be part of Ichiro's big moment.
Prime Minister and Liberal Democratic Party President Shigeru Ishiba, flanked by LDP Secretary-General Hiroshi Moriyama (left) and LDP Vice President Yoshihide Suga, speaks at a meeting of party lawmakers and executives at the party's headquarters in Tokyo on Monday.
JAPAN / Politics
Jul 28, 2025

At LDP’s post-election meeting, calls intensify for Ishiba’s resignation

The prime minister apologized to his fellow party members over the loss of its majority in the Upper House, but remains determined to stay on.
A Ukrainian serviceman hides from a Russian combat drone in the front-line city of Pokrovsk, Donetsk region, Ukraine, on March 13.
WORLD / Politics
Jul 29, 2025

Russia at the gates: How Ukraine defended a strategic city for months

Small drones have been pivotal in the defense of the city, but Russian forces' adaptation and use of new technology have shifted the balance.
A soldier from the Kachin Independence Army (KIA)  and his comrade cross a stream toward the front line in Laiza, Kachin state, in 2013.
ASIA PACIFIC / Politics
Jul 29, 2025

Trump team hears pitches on access to Myanmar's rare earths

If the ideas are ever acted upon, Washington may need to strike a deal with the ethnic rebels controlling most of Myanmar's rich deposits of heavy rare earths.
People ride in a boat past a newly built concrete barrier in the Mediterranean city of Alexandria, Egypt, on April 20.
ENVIRONMENT / Climate change
Jul 29, 2025

Rising seas and shifting sands attack ancient Alexandria from below

The warming waters of the Mediterranean are rising due to climate change, leading to coastal erosion and undermining buildings from below.
At Meiji the Sutenai ("Don't throw things away") Factory in the city of Saitama, the company sells dairy products whose best-before dates are approaching.
JAPAN
Jul 29, 2025

From power generation to discounts, companies in Japan work to reduce food waste

Meiji, for example, has a store in the city of Saitama that sells dairy products whose best-before dates are approaching at about 40% off the suggested retail prices.
A Ryanair Boeing 737 and an Easyjet Airbus A320 at Luton Airport in the U.K. in April 2020.
BUSINESS / Markets
Jul 29, 2025

Tariff-free aircraft trade in U.S.-EU deal fostered through industry-wide effort

The framework deal will see the U.S. impose a 15% import tariff on most EU goods but offer protection for industries including aerospace, European officials said.
NATO Secretary-General Mark Rutte looks at military equipment on the Maritime Self-Defense Force's Mogami stealth frigate during a visit to the MSDF's naval base in Yokosuka, Kanagawa Prefecture, in April.
JAPAN / Politics
Jul 29, 2025

Japan and NATO to launch defense-industrial talks, top envoy says

The talks will aim to explore new areas of cooperation and facilitate coordination between the two sides’ defense and security industries.
An advertisement for Louis Vuitton in Kuala Lumpur on Friday
BUSINESS / Markets
Jul 29, 2025

U.S. tariffs to test pricing by luxury brands already paying for dramatic hikes

Estimates suggest big luxury companies already raised prices by 33% on average between 2019 and 2023.
Photos of Nazca Line geoglyphs newly discovered by a team of researchers at Yamagata University, on Monday in the city of Osaka
JAPAN
Jul 29, 2025

Japanese researchers discover 248 Nazca Line geoglyphs in Peru

The team conducted field surveys on sites selected from aerial photographs using artificial intelligence.
An Airbus A380 airplane during its maiden flight in France in 2005
BUSINESS / Companies
Jul 29, 2025

The world’s biggest passenger plane keeps breaking down

Two decades after its maiden flight, the Airbus A380 superjumbo is becoming an increasingly expensive headache for airlines.
China's government will offer subsidies to parents to the tune of $500 per child under the age of three per year, Beijing's state media said on Monday.
ASIA PACIFIC / Politics
Jul 29, 2025

China rolls out childcare subsidy to boost birth rate

The assistance is meant as an incentive for young couples wary of rising costs of child-rearing.
The Foreign Ministry will implement a large-scale organizational reform on Friday, including the establishment of an economic security division under the Economic Affairs Bureau.
JAPAN / Politics
Jul 29, 2025

Japan's Foreign Ministry to set up economic security division

It will be the first time in 19 years for the ministry to carry out a large-scale organizational reform involving multiple bureaus.
Defense Minister Gen Nakatani speaks to reporters during a visit to the Air Self-Defense Force's Space Situation Awareness radar in Sanyo-Onoda, Yamaguchi Prefecture, on Monday.
JAPAN / Politics
Jul 29, 2025

‘Killer satellites’ beware: Japan unveils first space defense guidelines

The guidelines outline plans to protect Japanese satellites, while promoting cooperation between the public and private sectors on cutting-edge tech.
England midfielder Ella Toone lifts the trophy as England players celebrate winning the UEFA Women's Euro 2025 final against Spain at the St. Jakob-Park Stadium in Basel, Switzerland on Sunday.
SOCCER
Jul 29, 2025

England's women maintained belief through bumpy run to Euro glory

England delivered one more heart-stopping come-from-behind win on Sunday to capture its second consecutive European title.
The National Police Agency noted in a special section of its fiscal 2025 report that the spread of social media has made it easy for loosely organized crime groups to contact regular citizens and commit crimes.
JAPAN / Crime & Legal
Jul 29, 2025

NPA white paper highlights crimes surrounding social media

In 2024, the number of social media-linked investment and romance fraud cases police detected around the country exceeded 10,000, with victims defrauded of some ¥127.2 billion.
Bank of Japan Gov. Kazuo Ueda. The central bank is expected to remain cautious until the fall.
BUSINESS / Economy
Jul 29, 2025

Bank of Japan likely to hold key rate at 0.5% as tariff breakthrough evaluated

Political uncertainty may also weigh on the policy board's decision this week.
Who will buy the cars, SUVs, and trucks like the F-150 Donald Trump has promised to sell in Japan? Who will purchase 100 Boeing jets? And what will the $550 billion Tokyo-backed fund actually look like?
COMMENTARY / Japan
Jul 29, 2025

Who buys the F-150s, and more Japan deal mysteries

The long-awaited trade deal between the U.S. and Japan has investors celebrating after months of uncertainty. But as the song goes, nagging questions always remain.
Kunshiro Kiyozumi, 97, who was the youngest crew member of the Imperial Japanese Navy submarine I-58 in World War II, on his way to a restaurant to have lunch in Matsuyama, Japan, on April 29.
JAPAN / History
Jul 29, 2025

Last soldiers of Imperial Japanese Army have a warning for younger generations

"In their last breaths, no one shouted for the long life of the emperor,” said one veteran about his comrades. "They called out for their mothers, whom they would never see again.”
Palestinians carry aid supplies which entered Gaza through Israel in Beit Lahia, northern Gaza, on Sunday.
WORLD
Jul 29, 2025

Gaza death toll hits 60,000 as global monitor demands action to avert famine

Famine is unfolding in Gaza and immediate action is needed to end fighting and allow unimpeded aid access, the hunger monitor said.
A billboard in Columbus, Indiana displays a message that is part of the Democratic National Committee's campaign against U.S. President Donald Trump's tax-cut and spending bill, in this image obtained on July 24.
WORLD / Politics
Jul 29, 2025

Early 2026 U.S. midterm ads focus on Medicaid access and Trump tax cuts

Democrats are focusing their message on health care access while Republicans are countering that the tax provisions will enrich voters.
Rural, a three-day techno festival, was held July 18 to 21 at Nowhere Camp in Fukushima Prefecture.
CULTURE / Music
Jul 30, 2025

How Japan made techno its own

Once inspired by Berlin and Detroit, Japanese techno now moves on its own wavelength — deep, immersive, and unmistakably local.
Palestinians crowd a coastal path west of the city of Beit Lahia in the Gaza Strip after managing to get aid parcels on Tuesday.
WORLD / Politics
Jul 30, 2025

Britain warns Israel it could recognize Palestinian state as Gaza starves

The warning, which drew a harsh Israeli rebuke, came after a hunger monitor warned a worst-case scenario of famine is unfolding and immediate action is needed.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’