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September 12, 2025
 

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SCOTT BESSENT

U.S. Treasury Secretary Scott Bessent and Japanese Finance Minister Katsunobu Kato reaffirmed in a joint statement their commitment to allowing markets to determine currency exchange rates and not targeting them for competitive advantage.
BUSINESS / Economy
Sep 12, 2025
U.S. and Japan pledge not to manipulate forex for competitive advantage
Tokyo has spent close to $150 billion in the last three years trying to prop up the yen with the last move in July last year.
U.S. President Donald Trump listens to Secretary of the Treasury Scott Bessent as he signs executive orders at the White House in Washington on Friday.
BUSINESS / Economy
Sep 6, 2025
U.S. Treasury Secretary Bessent calls for big changes at Fed
Bessent called for renewed scrutiny of the Federal Reserve, including its power to set interest rates, saying the "Fed must change course."
Indian Prime Minister Narendra Modi and Chiese President Xi Jinping in 2016. Modi has said he’s looking forward to meeting Xi during a visit China later this month — his first trip to the country in seven years.
ASIA PACIFIC / Politics
Aug 20, 2025
Modi hails China ties as Washington takes swipe at India's 'richest families'
New Delhi has been recalibrating its foreign policy more toward China and other BRICS group members after U.S. President Donald Trump threatened to boost tariffs.
U.S. Commerce Secretary Howard Lutnick said that a document on his country's trade deal with Japan is being prepared.
BUSINESS / Economy
Aug 20, 2025
Lutnick: Japan’s $550 billion will be directed by Trump
The U.S. commerce secretary said the funds promised by Tokyo in the course of tariff talks will be deployed to benefit the United States.
U.S. Treasury Secretary Scott Bessent believes Japan's rates are too low.
BUSINESS / Economy
Aug 14, 2025
Tokyo’s record-beating stock rally ends as Bessent jawbones Japan on rates
The U.S. treasury secretary argues that Japan has an inflation problem.
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.
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.
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.
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.
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.
U.S. and Chinese flags flutter outside Sweden's government offices "Rosenbad" in Stockholm on Tuesday, ahead of the second day of trade talks between China and the U.S.
BUSINESS / Economy
Jul 30, 2025
U.S., China agree to continue talks on tariff truce extension
The Stockholm negotiations marked the third round of U.S.-China trade talks in less than three months.
U.S. President Donald Trump on Wednesday in Washington, the day after he agreed to an 11th-hour trade deal with Japan.
BUSINESS / Economy
Jul 24, 2025
Big unanswered questions follow Japan's big, beautiful deal with the U.S.
The $550 billion investment plan, in particular, is the subject of doubt and discussion.
U.S. Treasury Secretary Scott Bessent and Ryosei Akazawa, Japan chief tariff negotiator, in Tokyo
BUSINESS / Economy / ANALYSIS
Jul 23, 2025
Japan and U.S. both claim win in surprise 11th-hour tariff deal
The "reciprocal" rate is set at 15%, while the rate on autos is 12.5%
Chief tariff negotiator Ryosei Akazawa in Osaka on Saturday. On Monday, Akazawa flew to the United States for another round of tariff negotiations.
BUSINESS / Economy
Jul 21, 2025
Akazawa jets to Washington for tariff talks after historic election
If an agreement with the U.S. can't be reached before Aug. 1, the "reciprocal" tariff rate imposed by the administration of U.S. President Donald Trump rises to 25%.
Prime Minister Shigeru Ishiba with U.S. Treasury Secretary Scott Bessent before a meeting at the Prime Minister's Office in Tokyo on Friday.
BUSINESS / Economy
Jul 19, 2025
Ishiba and Bessent say 'good' trade agreement still possible
Prime Minister Shigeru Ishiba urged U.S. Treasury chief Scott Bessent to continue talks with Japan’s chief negotiator to achieve a win-win deal.
Jerome Powell, the embattled chairman of the Board of Governors of the U.S. Federal Reserve, appears before a House committee in Washington on June 24.
BUSINESS / Markets
Jul 16, 2025
Wary that Fed chief may be ousted, investors protect portfolios from inflation risk
A Fed chief warmer to cutting rates could have a mixed effect on equities but could weaken the U.S. dollar, increase volatility in the Treasurys market and raise longer-term rates.
Prime Minister Shigeru Ishiba arrives at the Prime Minister's Office in Nagatacho, Tokyo, on Tuesday.
JAPAN / Politics
Jul 15, 2025
Ishiba may meet top U.S. tariff negotiator Scott Bessent in Tokyo this week
The prime minister is understood to be aiming for a path to agreement in the ongoing bilateral tariff negotiations by meeting with the U.S. top negotiator in person.
U.S. Treasury Secretary Scott Bessent
BUSINESS / Economy
Jul 14, 2025
G20 agenda eclipsed as Bessent skips South Africa meeting again
Scott Bessent will skip the Group of 20 again this week, continuing a boycott of South Africa by top U.S. officials begun by Secretary of State Marco Rubio.
The yen-dollar exchange rate is displayed outside a securities firm in Tokyo on Tuesday.
BUSINESS / Economy
Jul 10, 2025
Japan unlikely to face U.S. pressure to strengthen yen, ex-top FX diplomat says
Masatsugu Asakawa was deeply involved in Japan's trade and currency negotiations with the U.S. when he was vice finance minister for international affairs.
U.S. Treasury Secretary Scott Bessent speaks to reporters in Washington on June 27.
BUSINESS
Jul 9, 2025
U.S. Treasury Secretary Bessent to visit Japan next week for Expo
The visit comes after Donald Trump stated his intention to raise tariffs on all Japanese imports to 25% — slightly higher than the 24% rate initially announced in April.
Workers say corporate South Korea was warned about questionable U.S. visas before Hyundai raid
Activists holding signs that reads "No one is illegal!" protest against a huge immigration raid last week in the U.S. state of Georgia, in front of the U.S. Embassy in Seoul on Tuesday.
As Manila modernizes its military, new opportunities emerge for Tokyo
A Brahmos missile system is displayed during a rehearsal for a military parade in New Delhi in January. The Philippines will soon receive its second batch of the supersonic cruise missiles from India.
Thousands without power in Tokyo as heavy rain batters Kanto region
Heavy rain hit Tokyo and surrounding areas Thursday afternoon, causing thousands to lose power, prompting flood warnings, grounding flights and causing transportation issues.
Why more hotels in Japan are offering room-only service
Nipponia Hotel Ise Kawasaki Merchant Town in Ise, Mie Prefecture
Japan's cutting-edge railgun successfully strikes target vessel
The Defense Ministry’s Acquisition, Technology & Logistics Agency (ATLA) conducted a ship-board railgun shooting test from June to early July this year with the support of the Maritime Self-Defense Force.
Niinami’s ouster quick but not unusual as corporations protect reputation
Takeshi Niinami resigns as chairman and CEO of Suntory Holdings.
As Manila modernizes its military, new opportunities emerge for Tokyo
A Brahmos missile system is displayed during a rehearsal for a military parade in New Delhi in January. The Philippines will soon receive its second batch of the supersonic cruise missiles from India.
Shizuoka farmers fight to preserve sustainable tea method that’s steeped in tradition
As of August 2024, the number of confirmed chagusaba farmers had fallen to 302, just over half the 582 reported in 2015, according to the Shizuoka Chagusaba Farming Method Promotion Council.
Search is on for loopholes in Japan’s $550 billion investment pledge
U.S. Secretary of Commerce Howard Lutnick argues that U.S. President Donald Trump has sole authority to invest Japan's promised $550 billion.
In rural Hokkaido, the stops and starts of tourism revival on full display
Redevelopment plans for Kawayu Onsen have hit some snags — an example of how bringing tourists back to declining rural communities is far from easy work.

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