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August 08, 2025
 

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JAPANESE ECONOMY

Japan faces a demographic crisis that threatens its research talent and must build a more inclusive and welcoming society to attract and keep world-class scientists amid rising nationalism and economic challenges.
COMMENTARY / Japan
Aug 7, 2025
Japan gets serious about attracting world-class researchers
The stakes are high: Without a cultural shift, even the best-funded policies may fail to secure Japan’s future.
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.
The National Personnel Authority recommended Thursday a 3.62% increase in average monthly base pay for public employees in the current fiscal year.
BUSINESS
Aug 7, 2025
Japan’s public workers set to get largest pay hike in 34 years
The rise in wages will come as a welcome development for policymakers at the Bank of Japan, who are seeking broad-based and lasting growth to support stable inflation.
The average wage hike rate among major Japanese firms this year hit 5% for the second straight year.
BUSINESS / Companies
Aug 7, 2025
Major Japan firms set record with pay hikes above 5% for second year
This year's average raise of 5.39% was the second biggest since comparable data became available in 1976.
LDP lawmaker Ken Saito
BUSINESS / Economy
Aug 6, 2025
Japan ruling party heavyweight warns against BOJ rate hike
The remark highlights the political pressure the BOJ could face in resuming rate hikes as higher U.S. levies hurt corporate profits.
Liberal Democratic Party lawmaker Taro Kono called for the Bank of Japan to tighten monetary policy to bolster the yen at a time when political leadership is under pressure after the ruling coalition lost its majority in the Upper House in an election last month.
BUSINESS / Economy
Aug 6, 2025
LDP’s Kono adds to chorus urging BOJ to tighten policy
Taro Kono’s remarks come after several prominent executives made similar pleas, though no economists expect a move when the BOJ next sets policy on Sept. 19.
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.
Nominal wages in Japan rose 2.5% in June from a year earlier, accelerating from a revised 1.4% gain the previous month, according to the labor ministry.
BUSINESS / Economy
Aug 6, 2025
Japan’s nominal pay rises faster in June, backing case for BOJ rate hike
Nominal wages increased 2.5% in June from a year earlier, accelerating from a revised 1.4% gain the previous month and marking the steepest increase since February.
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.
Hironori Kamezawa, chief executive officer of Mitsubishi UFJ Financial Group, speaks during an interview at the company's headquarters in Tokyo on Friday.
BUSINESS / Companies
Aug 5, 2025
BOJ rate hike in September or October is 'desirable,' MUFG chief says
Such a hike is ideal in the face of strong inflation in the country.
Twelve months on from Aug. 5, 2024, when Japan’s stock benchmarks plummeted 12%, the broader Topix index is once again hovering near record highs.
BUSINESS / Markets / FOCUS
Aug 5, 2025
A year after Japan's stock meltdown, markets show resilience and promise
Clearer BOJ messaging, corporate reforms and a better-than-feared U.S. tariff deal has traders in Japan's markets betting against a repeat of last year's crash.
Amid rising prices for food and other items, a government panel has proposed a record hike in the average minimum wage.
BUSINESS / Economy
Aug 5, 2025
Amid inflation, Japanese government panel proposes record ¥63 minimum wage hike
The recommendation by the panel, which advises the labor minister, would raise the average minimum wage to ¥1,118 per hour.
Prime Minister Shigeru Ishiba (left) and Economic Revitalization Minister and chief tariff negotiator Ryosei Akazawa attend a budget committee session on the U.S. tariff issue in the Lower House in Tokyo on Monday.
JAPAN / Politics
Aug 4, 2025
Opposition parties fume over U.S. trade deal not being put in writing
Prime Minister Shigeru Ishiba said issuing a joint document with the U.S. will not serve the nation’s interests and may instead jeopardize the agreement.
Japan's exports of food and farm produce between January and June were the highest on record for 19 items, including green tea.
BUSINESS
Aug 4, 2025
Japan food exports expand 15.5% in January to June
Exports to the U.S. hit a record first-half high of ¥141.0 billion, up 22.0% and driven by robust demand for scallops, green tea and yellowtail.
A monitor in Tokyo shows the 225-issue Nikkei Stock Average dropping on Monday morning.
BUSINESS / Markets
Aug 4, 2025
Stocks in Japan slump after U.S. data spark growth worries
The broader Topix Index and the blue-chip 225-issue Nikkei Stock Average pared some of their earlier losses but closed down 1.1% and 1.2%, respectively.
BOJ Gov. Kazuo Ueda speaks during a news conference at the central bank's headquarters in Tokyo on Thursday.
BUSINESS / Economy
Aug 3, 2025
BOJ watchers bring forward next rate hike call after trade deals
The view has emerged after clarity over trade increased with U.S. President Donald Trump announcing deals, including one with Japan.
In August 1950, The Japan Times reported on the canceling of Hiroshima's fifth annual peace ceremony due to the Korean War.
JAPAN / History / Japan Times Gone By
Aug 2, 2025
Japan Times 1950: Hiroshima peace festival canceled
In August 1950, the fifth anniversary of the atomic bombing of Hiroshima, the city’s annual ceremony praying for peace was canceled due to ongoing combat on the Korean Peninsula.
The proposed hike in the national average minimum wage to about ¥1,118 ($7.43) per hour would exceed last year's increase of 5% and be the largest since the current system began.
JAPAN
Aug 1, 2025
Japan plans another record minimum wage hike, says report
The proposed hike, to about ¥1,118 per hour, would exceed last year's increase of 5%.
Japan's seasonally adjusted effective job-to-applicant ratio dipped to 1.22 in June, down 0.02 point from the previous month, according to the labor ministry.
BUSINESS / Economy
Aug 1, 2025
Japan's jobs-to-applicant ratio falls to 1.22 in June
It marked a second consecutive month of decreases as more people entered the job market amid soaring prices of food and other goods.
Prime Minister Shigeru Ishiba has been talking up Japan's successful tariff negotiations with the United States.
BUSINESS / Economy
Aug 1, 2025
U.S. sets Aug. 7 as start date for Japan's 15% 'reciprocal' tariff
The focus is now on unfinished business as auto duties go unmentioned.
How Pakistan shot down India's cutting-edge fighter using Chinese gear
An Indian Air Force pilot gets out of a Rafale fighter jet during its induction ceremony at an air force station in Ambala, India, September 2020.
Trump: The $550 billion pledged by Japan is 'our money'
U.S. President Donald Trump at the White House on Tuesday. He told CNBC that investment pledges are like signing bonuses.
The United States imposes 15% 'reciprocal' tariff on most Japanese goods
U.S. President Donald Trump speaks at the White House on Wednesday.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
Photographer Bleg Bayraktar is winning social media with politeness
A video on Bayraktar's Instagram account of the Belgian photographer approaching an elderly worker in Tokyo's Shibuya has gone viral, garnering almost 9 million views.
Photographer Bleg Bayraktar is winning social media with politeness
A video on Bayraktar's Instagram account of the Belgian photographer approaching an elderly worker in Tokyo's Shibuya has gone viral, garnering almost 9 million views.
Australia announces new warships will come from Japan
The Maritime Self-Defense Force's Mogami-class frigate Niyodo sails at an undisclosed location in this image released Tuesday.
Fuji Rock's weekend of surprises was one of its best yet
Radwimps lead singer Yojiro Noda threw himself into the rock band’s Green Stage performance ahead of headliner Vampire Weekend.
How Trump is gaslighting on climate change — with Japan’s help
The Bishu Maru LNG tanker, owned by Kawasaki Kisen Kaisha, next to the Freeport LNG terminal in Texas
With a new distillery, Suntory makes a spirited move on gin market
A staff inspects a distillation pot still at Suntory's new Osaka Spirits & Liqueurs Craft Distillery, which will focus on gin production and help Suntory capture a bigger slice of the fast-growing gin market.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

A mushroom cloud from the atomic bombing on Hiroshima taken from a U.S. military aircraft on Aug. 6, 1945. Copying the photo without permission is prohibited.
80 years on, a Japanese American hibakusha recalls the day the bomb dropped
By Elizabeth Beattie

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