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August 01, 2025
 

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TARIFFS

A container ship approaches the Busan Port Terminal in Busan, South Korea, on July 23. Seoul's trade agreement with the U.S. brings one of the world’s biggest exporters into Washington’s emerging trade framework just a day before the deadline.
BUSINESS / Markets
Jul 31, 2025
U.S. sets South Korea tariff rate at 15% with energy and shipbuilding investment
The agreement brings one of the world’s biggest exporters into Washington’s emerging trade framework just a day before the deadline.
The Bank of Japan kept the overnight call rate at 0.5% at the end of a two-day policy meeting in a unanimous vote, according to a statement Thursday.
BUSINESS / Economy
Jul 31, 2025
BOJ keeps rates unchanged and lifts price view after U.S. trade deal
While the changes in the outlook suggested Gov. Kazuo Ueda’s board is closer to its next rate hike, the central bank also avoided dropping any clear hints as to the exact timing.
Industrial production gained 1.7% from the previous month, according to the industry ministry.
BUSINESS / Economy
Jul 31, 2025
Factory output gain in Japan shows firms’ resilience amid tariffs
Though economists had expected a 0.8% loss, industrial production gained 1.7% from the previous month while output rose 4% from a year earlier, topping expectations of a 1.3% gain.
Taiwanese President Lai Ching-te has been weakened by domestic setbacks and uncertain U.S. support as he tries to balance pressure from Beijing and political opposition at home.
COMMENTARY / World
Jul 31, 2025
Taiwan’s president is running out of options
Taiwanese President Lai Ching-te is battling internal strife while navigating an unpredictable trade war with Washington.
U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands at the White House in Washington on Feb. 13
BUSINESS / Economy
Jul 31, 2025
Trump hits India with 25% tariff and 'penalty' over Russia ties
The measures will kick in on Friday, Trump said, adding to a bevy of other tariff hikes set to take effect the same day.
New vehicles for sale at a Toyota dealership in California
BUSINESS / Companies
Jul 30, 2025
Toyota logs record global sales despite Trump tariff turmoil
The carmaker’s sales were bolstered by a last-minute rush from customers to lock-in purchases before U.S. President Donald Trump’s threatened 25% tariff on car imports.
Prime Minister Shigeru Ishiba, also president of the ruling Liberal Democratic Party, speaks to reporters at the party's headquarters in Tokyo on Monday. The party’s loss in the July 20 Upper House election has become the defining factor for the yen.
BUSINESS / Markets
Jul 30, 2025
Yen option traders brace for more weakness ahead of BOJ decision
Analysts warn that Prime Minister Shigeru Ishiba may resort to populist spending to shore up support for his weakened coalition.
Amid global uncertainty and U.S. trade tensions, ASEAN+3 must deepen regional integration and reform to sustain growth and resilience against rising protectionism, demographic pressures and climate risks.
COMMENTARY / World
Jul 30, 2025
ASEAN+3 in an age of global uncertainty
As the international economic order continues to fragment, ASEAN+3 countries must build collective resilience by fostering regional integration.
Taiwanese President Lai Ching-te attends an annual coast guard drill in Kaohsiung, Taiwan, on June 8.
ASIA PACIFIC / Politics
Jul 30, 2025
Taiwan president’s bad week hangs on U.S. trade deal outcome
Whether Washington uses Taipei as a bargaining chip in its trade talks with China is the biggest issue facing Taiwanese leader Lai Ching-te.
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.
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.
Citing strong vehicle sales and a rise in domestic and foreign tourists, the Finance Ministry upgraded its economic outlook for Okinawa Prefecture.
BUSINESS / Economy
Jul 29, 2025
Finance Ministry upgrades economic view on Okinawa
For production, the ministry downgraded its view on the Hokuriku region and the Kinki region but upgraded that on Okinawa.
A bottle of Suntory's Yamazaki whisky
BUSINESS / Companies
Jul 29, 2025
Suntory will gauge U.S. consumer sentiment for whisky price hike
CEO Takeshi Niinami also said the company is "overreliant on the U.S. and Japan” and has realized the importance of emerging markets.
Taiwanese President Lai Ching-te has called off a trip to Central and South America that would have included stopovers in the U.S.
ASIA PACIFIC / Politics
Jul 29, 2025
Taiwan's Lai calls off trip with U.S. transit as Trump seeks Xi summit
The Taiwanese president had intended to stop in New York and then Dallas as part of a trip to diplomatic allies in Central and South America.
Prolonged high prices for food and other goods have pushed down consumer sentiment and real wages, according to the Annual Report on the Japanese Economy and Public Finance for fiscal 2025.
BUSINESS / Economy
Jul 29, 2025
Japan should take all possible measures to raise wages, white paper says
Prolonged high prices for food and other goods have pushed down consumer sentiment and real wages, while predictions for continued price climbs have curbed consumption.
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.
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.
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.
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.”
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.
Japan on edge but prepared for tsunami after huge Kamchatka earthquake
Police officers ask a man to evacuate from an empty beach following a tsunami warning, in Fujisawa, Kanagawa Prefecture, on Wednesday.
Last soldiers of Imperial Japanese Army have a warning for younger generations
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.
80 years on, former teacher conveys history of hidden island in World War II
Masayuki Yamauchi explains about the history of Okunoshima, an island in Takehara, Hiroshima Prefecture, to junior high school students visiting in May.
Japan to start new residency system for foreign workers
Students hoping to work in Japan attend a Japanese class at a job placement company in Hanoi in October 2022.
Japan marks highest-ever temperature of 41.2 C in Hyogo
Japan's temperature soared to a record 41.2 degrees Celsius in Tanba, Hyogo Prefecture, on Wednesday, surpassing the previous high of 41.1 C.
Artist Chiharu Shiota weaves a hidden marvel on Teshima
“Memory of Lines” is Chiharu Shiota’s second art installation on Teshima as part of the Setouchi Triennale.
How the Japanese TV industry is changing
Fuji TV headquarters in Tokyo's Minato Ward. Fuji TV came under fire over the manner in which it handled a case of “sexual trouble” involving former boy band member Masahiro Nakai and a female announcer.
Last soldiers of Imperial Japanese Army have a warning for younger generations
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.
Why Ishiba refuses to quit even amid intense pressure for him to go
Supporters of Prime Minister Shigeru Ishiba take part in a rally across the street from the Prime Minister's Office on Friday.
Behind the scenes at the Baseball Hall of Fame's new Yakyu/Baseball exhibit
“Yakyu / Baseball: The Transpacific Exchange of the Game” is set to remain on display in Cooperstown for at least five to 10 years — and possibly indefinitely.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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With Hall of Fame induction, Ichiro makes himself heard loud and clear
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