Tag - japan

 
 

JAPAN

Former International Monetary Fund Chief Economist Maurice Obstfeld has expressed concern that U.S. President Donald Trump's administration has taken policy measures, including high tariffs and tax laws, that expand the federal debt and unpredictability, thereby undermining confidence in the dollar.
BUSINESS / Economy
Aug 12, 2025
Former IMF economist advises Japan to strengthen non-U.S. ties
Maurice Obstfeld expressed concern that policies, including high tariffs and tax laws, that expand the federal debt and unpredictability, may undermine confidence in the dollar.
Stocks in Tokyo rallied on Tuesday despite months of uncertainty and general economic concerns.
BUSINESS / Markets
Aug 12, 2025
Japan's Nikkei 225 hits record high on tariff and rate optimism
Shares rise after some good news on the trade front and a long weekend.
Ralph Edwards (far left), Capt. Robert Lewis (rear left), Bertha Starkey (rear center), Marvin Green (rear right), Kiyoshi (seated, left) and Chisa Tanimoto (seated, right), Koko Kondo (front left) and her three younger siblings, on the show “This Is Your Life,” on May 11, 1955
JAPAN / History / FOCUS
Aug 12, 2025
How an A-bomb survivor found forgiveness for Hiroshima bombers
Koko Kondo’s anger was extinguished when she saw the co-pilot of the Enola Gay bomber recall with regret what he and his crew had done on Aug. 6, 1945.
Agriculture and fisheries minister Shinjiro Koizumi (left) meets with South Korean Foreign Minister Cho Hyun in Seoul on Monday.
JAPAN / Politics
Aug 12, 2025
Koizumi presses Seoul to lift fishery curbs and meets South Korea and China counterparts
South Korea suspended imports of fishery products from eight prefectures following the 2011 meltdown at the Fukushima No. 1 nuclear power plant.
HMS Prince of Wales arrives into the Port of Darwin, Australia, in July during Exercise Talisman Sabre 2025.
JAPAN
Aug 12, 2025
Britain’s Prince of Wales aircraft carrier makes Japan debut
This is the second time since the late 1990s that a British aircraft carrier has docked in Japan — after the HMS Queen Elizabeth in 2021.
Agriculture minister Shinjiro Koizumi visits a rice field near Seoul on Sunday.
JAPAN
Aug 11, 2025
Farm minister Koizumi visits rice field in South Korea
South Korean rice exports to Japan have sharply increased, reaching a record 416 tons in January to June this year.
Ryosei Akazawa, Japan’s top trade negotiator, said U.S. officials expressed regret that the stacking rule had been applied to Japan despite a verbal agreement, and said Washington would refund any overpaid levies.
BUSINESS / Economy
Aug 10, 2025
U.S. and Japan working to announce tariffs won’t stack
The United States is working to finalize an announcement that would end the stacking of universal tariffs on Japanese goods.
South Korean President Lee Jae Myung delivers a speech during a news conference at the Blue House in Seoul on July 3.
JAPAN / Politics
Aug 9, 2025
South Korean President Lee Jae Myung likely to visit Japan later this month
Lee's visit to Japan is being arranged to come just before or just after a reported trip to the United States on Aug. 25.
A model of the upgraded Mogami-class frigate is displayed at the Defense Security Equipment International Japan exhibition at Makuhari Messe in Chiba on May 21.
EDITORIALS
Aug 8, 2025
The Japan-Australia frigate deal is more than a weapons pact
The scale of the agreement is sweeping. Japan has never before won a bid this size.
A monitor shows the morning closing value of the Topix index hitting a fresh record, trading above 3,000 for the first time, on Friday.
BUSINESS / Markets
Aug 8, 2025
Japan index hits record high on earnings boost as other Asian markets ease
The 225-issue Nikkei Stock Average went up 2% and the Topix index hit a fresh record, trading above 3,000 for the first time.
A Bank of Japan board member suggested the possibility of a rate hike by year-end, depending on the impact of U.S. tariffs, according to a summary of opinions from the central bank’s policy meeting last week.
BUSINESS / Economy
Aug 8, 2025
BOJ may exit wait-and-see mode by year-end, policy meeting summary says
Depending on the impact from U.S. tariffs, another rate hike then might be possible, an unnamed board member hinted.
Ryosei Akazawa, Japan's chief tariff negotiator, said the U.S. made a clerical error in not including a “reciprocal” tariff rate ceiling for Japan in the trade deal.
BUSINESS / Economy
Aug 8, 2025
U.S. backtracks on Japan tariff calculation, taking effective rate lower
Japan's chief tariff negotiator said that a clerical error had been made in the U.S.
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
BUSINESS / Economy
Aug 7, 2025
Japan's inheritance tax is high, unforgiving and sometimes avoidable
Under certain circumstances, overseas inheritance can pass tax-free to foreigners who are residents in the country.
U.S. President Donald Trump speaks at the White House on Wednesday.
BUSINESS / Economy
Aug 7, 2025
The United States imposes 15% 'reciprocal' tariff on most Japanese goods
Japan and the U.S. still disagree on how the rate will be calculated.
Students at the Taira First Elementary School in Iwaki, Fukushima Prefecture, learn about the World War II "mock atomic bombs" during a special class given at the school in July.
JAPAN
Aug 7, 2025
People work to pass on stories of U.S. 'mock atomic bombs' dropped on Japan in WWII
Over 400 people were killed by 49 of what are also called "pumpkin bombs" that the U.S. dropped on Japan between July 20 and Aug. 14, 1945.
The Maritime Self-Defense Force's Mogami-class frigate. Australia's selection of an upgraded version of the Mogami-class warship for its next frigate class could prove to be a watershed moment for Japan’s defense industry.
JAPAN / ANALYSIS
Aug 6, 2025
Australia's warship selection signals Japanese defense industry's arrival
Japan's successful bid will serve as a confidence booster and could set a precedent for other countries to consider Japanese capabilities for their own militaries.
The Enola Gay, the plane that dropped the atomic bomb on Hiroshima, is on display at the Smithsonian’s Air and Space Museum in Virginia after restoration in August 2003.
COMMENTARY / Japan
Aug 6, 2025
Were the Hiroshima and Nagasaki atomic bombings necessary?
Was it necessary to drop the bombs on civilian population centers to demonstrate the power of the weapons?
A woman prays at the Peace Memorial Park ahead of the memorial service to mark the 80th anniversary of the world's first atomic bomb attack, in the city of Hiroshima early on Wednesday.
JAPAN
Aug 6, 2025
Documents show U.S. initially estimated Hiroshima bombing victims at 100,000
One of the documents said that the heart of the city of Hiroshima was so completely devastated that "not even debris of buildings was left."
U.S. President Donald Trump at the White House on Tuesday. He told CNBC that investment pledges are like signing bonuses.
BUSINESS / Economy
Aug 6, 2025
Trump: The $550 billion pledged by Japan is 'our money'
The U.S. president told CNBC that he is free to invest the funds however he wishes.
This undated handout photo released by the Australian Defence Force on Tuesday shows the Japanese Maritime Self-Defense Force JS Mogami frigate sailing at an undisclosed location.
COMMENTARY / Japan
Aug 6, 2025
The Japan-Australia frigate sale is a big deal. Here’s why.
For the Japanese government, this will make for the largest defense export to date.

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’