Tag - japan

 
 

JAPAN

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.
Tokunoshima, Kametoku New Port. A coast guard patrol boat spotted the Taiwanese vessel conducting the suspicious activity at a point some 335 kilometers west-northwest of the island of Tokunoshima in Kagoshima Prefecture at around 3:50 p.m. Monday, according to the 10th Regional Coast Guard Headquarters.
JAPAN
Aug 5, 2025
Taiwanese vessel suspected of conducting survey in Japan's EEZ for second time
The vessel was seen conducting suspicious activity around 335 kilometers west-northwest of the island of Tokunoshima in Kagoshima Prefecture on Monday.
U.S. Secretary of the Treasury Scott Bessent and Economic Revitalization Minister Ryosei Akazawa. Akazawa, Japan's chief tariff negotiator, is returning to the United States for another round of trade talks.
BUSINESS / Economy
Aug 5, 2025
Akazawa returns to U.S. for more talks as tariff deal looks shaky
Japan is urging the United States to cut the tariff on cars as soon as possible.
Mizuho Bank is said to have appointed Devendra Sharma as co-head of corporate banking in India with the aim of strengthening its presence in the country.
BUSINESS / Companies
Aug 5, 2025
Mizuho said to hire Mashreqbank’s corporate banking head in India
Mizuho Bank is betting big in India, with a focus on corporate and investment banking, as well as retail loans.
Bridgestone will sell Mexico Carbon Manufacturing to U.S.-based Cabot for about $70 million as part of its carbon black business restructuring.
BUSINESS / Companies
Aug 5, 2025
Bridgestone to sell carbon black business in Mexico to U.S. firm Cabot
In July, the Japanese tire-maker announced the sale of its carbon black operations in Thailand to Japan's Tokai Carbon.
On Monday, Prime Minister Shigeru Ishiba offered his views of U.S. President Donald Trump and the American leader’s negotiating tactics — colorful comments that were unusual for their candor but not widely reported in Japan.
JAPAN / Politics
Aug 5, 2025
'Not a normal person’: Ishiba shoots from the hip when it comes to Trump
It is extremely unusual for a sitting prime minister to publicly speak about the leader of the U.S. in a manner that could be construed as criticism.
Jamco, a Japan-based maker of airplane seats, toilets, and galleys that was recently acquired by Bain Capital, is betting its U.S.-based manufacturing hub will give it an advantage under President Donald Trump’s tariff regime.
BUSINESS / Companies
Aug 5, 2025
Bain’s Japanese plane seat-maker sees U.S. hub as shelter from Trump tariffs
Supply chain issues that have seen extended wait times for cabin fittings also present an opportunity to fill, Jamco Executive Chair Kate Schaefer says.
The Maritime Self-Defense Force's Mogami-class frigate Niyodo sails at an undisclosed location in this image released Tuesday.
JAPAN
Aug 5, 2025
Australia announces new warships will come from Japan
Canberra will purchase 11 Mogami-class frigates in what will be Tokyo’s biggest-ever defense contract — a breakthrough for Japan's defense industry.
Heavy mining machinery extracts minerals in an open pit mine. The Japan Organization for Metals and Energy Security aims to diversify sources of gallium to reduce the country's reliance on imports from China.Getty Images
JAPAN
Aug 5, 2025
Japan's energy security agency to join gallium production study in Australia
The Japan Organization for Metals and Energy Security aims to diversify sources of gallium to reduce the country's reliance on imports from China.
Shintaro Matsue (right), head of the International Furikake Association, holds an enlarged package of <i>furikake</i> in Jakarta on July 9.
JAPAN
Aug 5, 2025
'Furikake' app to help manage children's health in Indonesian
After downloading an app featured on furikake product packaging, children input data like their height and weight, then do academic drills, with the reward being manga.
The Memorial Cenotaph at the Peace Memorial Park in the city of Hiroshima
JAPAN
Aug 4, 2025
U.S. envoy to attend peace ceremonies in Hiroshima and Nagasaki
The United States didn't send its ambassador to Japan to the annual ceremony in Nagasaki last year, over the city's decision not to invite Israel.

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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’