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August 30, 2025
 

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TARIFFS

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.
European Commission President Ursula von der Leyen (left) and U.S. President Donald Trump speak to the press following their meeting in Turnberry, Scotland, on Sunday.
BUSINESS / Economy / ANALYSIS
Jul 28, 2025
Out-gunned Europe accepts least-worst U.S. trade deal
The agreement on a blanket 15% tariff is a reality check on the aspirations of the bloc to become an economic power able to stand up to the likes of the U.S. or China.
U.S. President Donald Trump and China's President Xi Jinping shake hands after making joint statements at the Great Hall of the People in Beijing in 2017.
BUSINESS
Jul 28, 2025
U.S. and China to resume tariff talks in effort to extend truce
China is facing an Aug. 12 deadline to strike a durable tariff agreement with the Trump administration, after Beijing and Washington reached a preliminary deal in June.
European Commission President Ursula von der Leyen shakes hands with U.S. President Donald Trump in Turnberry, Scotland, on Sunday.
BUSINESS / Economy
Jul 28, 2025
EU reaches broad tariff deal with U.S. to avert painful trade blow
The U.S. and European Union agreed on a hard-fought deal that will see the bloc face 15% tariffs on most of its exports, including automobiles.
A supporter (center right) of Prime Minister Shigeru Ishiba holds up a placard reading "Don't quit Ishiba" as he takes part in a rally across the street from the Prime Minister's Office in central Tokyo on Friday.
JAPAN / Politics
Jul 27, 2025
Stay or go? Key events give Ishiba time to ponder his future.
Prime Minister Shigeru Ishiba has pledged to stay in office — in defiance of growing calls for him to step down after the LDP's poor showing in the Upper House election.
With tariffs at an 80-year high and the U.S. dollar behaving unpredictably, the Fed should hold off on cutting rates until there’s clear evidence that inflation remains under control.
COMMENTARY / World
Jul 27, 2025
The Fed needs to tread carefully with this strange dollar
Given that range of possibilities, it’s prudent to wait for the data to tell the story, exactly as Fed Chair Jerome Powell is currently planning.
An electronic board shows the broad Topix index hitting a record high on Thursday.
BUSINESS / Markets
Jul 27, 2025
Japan investors brace for BOJ and earnings results after Trump-fueled rally
As the dust settles following the U.S.-Japan trade deal that sent markets on a wild ride, investors are questioning whether the rally was a sign of things to come.
U.S. President Donald Trump speaks during a meeting with Philippine leader Ferdinand Marcos Jr. in the Oval Office of the White House in Washington on Tuesday.
BUSINESS / Economy / FOCUS
Jul 26, 2025
Trump tariffs leave costly China supply question unanswered
The U.S. president has threatened to rocket rates up to 40% for products deemed to be transshipped, or re-routed, through Southeast Asia.
Prime Minister Shigeru Ishiba delivers a speech at an event in Karuizawa, Nagano Prefecture, on Friday afternoon.
BUSINESS
Jul 26, 2025
Ishiba rules out joint document on U.S. tariffs as deal's details trickle out
Prime Minister Shigeru Ishiba has faced criticism from the opposition as numerous details about the agreement remain unclear.
U.S. President Donald Trump speaks to the media after arriving at Glasgow Prestwick Airport, in Prestwick, Scotland, on Friday.
BUSINESS / Economy
Jul 26, 2025
EU’s Von der Leyen to meet Trump in bid to clinch trade deal
After months of talks and shuttle diplomacy between Brussels and Washington, the two sides have been zeroing in on an agreement.
Batam, a duty-free Indonesian enclave a short ferry ride from Singapore, has become a key waypoint in a convoluted global shuffle involving Chinese solar panels and U.S. tariffs.
BUSINESS
Jul 25, 2025
China’s stealthy solar exports stay one step ahead of U.S. tariffs
Of Indonesia’s 10 biggest exporters of solar cells and panels to the U.S. during the first half of 2025, six in Batam were found to be owned by executives at Chinese companies.
Bank of Japan officials view the trade deal with the U.S. as reducing a key source of uncertainty for Japan’s economy and businesses, allowing the central bank to focus on monitoring the tariffs’ actual impact in incoming economic data, according to people familiar with the matter.
BUSINESS / Economy
Jul 25, 2025
BOJ is said to see potential rate hike environment this year
Assuming there’s no change to the U.S. tariff deal, the central bank will likely have enough data by the end of the year to be able to consider whether a rate hike is appropriate.
Most Japanese teens struggling with school find end of summer ‘painful’
Some 93.1% of Japanese teenagers who struggle with school life said they felt like they “wanted to disappear from the world" at the end of summer vacation ahead of the start of a new term, according to a recent survey released by Yokohama-based nonprofit Daisan Kazoku.
Philippine bid to acquire used Japanese warships gains steam
Tokyo is looking to transfer Abukuma-class vessels to the Philippines as part of broader efforts to boost the defense capabilities of like-minded neighbors amid growing Chinese military assertiveness in the region.
Mitsubishi’s wind-power retreat a blow to Japan's alternative-energy goals
Wind turbines in the town of Happo in Akita prefecture. Wind power is a key part of Japan's alternative energy drive.
Can anime carry the memories of World War II?
Many schools in Japan show "Grave of the Fireflies" as educational material to tell the emotionally grueling story of a boy who has no means to prevent his sister from starving to death.
Akazawa's trip to Washington for tariff talks abruptly canceled
Ryosei Akazawa, Japan's chief tariff negotiator, had been set to fly to Washington on Thursday.
Japan to launch broad review of immigration policies amid rise in foreign nationals
Foreign tourists at Narita Airport in June. A report released Friday stresses that Japan is at a turning point and that current ad-hoc measures on immigration are no longer sufficient.
YouTube Music Weekend is where Japan’s internet-born performers go global
Headlining the second day of YouTube Music Weekend is Vocaloid artist Kikuo, who, with 1.46 million YouTube subscribers, is one of the most popular artists in the genre.
Japan looks to build drone ‘shield’ in record defense budget request
A group of Ground Self-Defense Force service members discuss drone operations and capabilities at a joint static display during the Orient Shield 24 opening ceremony at the Yausubetsu Training Area in Hokkaido in July last year.
Can anime carry the memories of World War II?
Many schools in Japan show "Grave of the Fireflies" as educational material to tell the emotionally grueling story of a boy who has no means to prevent his sister from starving to death.
Jesse Kirkwood: ‘Languages are entire cultural universes with all sorts of baggage’
Jesse Kirkwood is part of a vibrant field of translators who have nurtured what might be called a “post-Murakami era of Japanese literature and translation,” one book at a time.

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