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October 15, 2025
 

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TARIFFS

Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System, in Washington on June 24. The question of how to handle the fallout from White House decisions may loom large as Powell is set to speak on a panel with peers from the euro zone, Japan, South Korea and the U.K.
BUSINESS / Markets
Jun 30, 2025
Powell and Lagarde count cost of Trump’s turbulence
At the halfway point of 2025, global policy is almost paralyzed by the need to navigate risks posed both to inflation and growth in the wake of Trump’s actions.
Japan's factory output in May fell 1.8% from a year earlier, missing expectations of a 1.6% rise.
BUSINESS / Economy
Jun 30, 2025
Japan’s factory output misses expectations as U.S. tariffs hit
Industrial production increased 0.5% from the previous month, the industry ministry reported Monday.
Beachgoers wait in an underground bomb shelter after sirens sounded to warn of an incoming Iranian missile attack in Tel Aviv on June 20. Iran has found itself humbled after a ceasefire was declared but retains plenty of capacity to hit back.
WORLD / Politics
Jun 30, 2025
Israel emerges stronger from Iran war but risks blowback
Israel building military positions beyond its borders in Syria and Lebanon opened the country to risks of repercussions from regional partners wary of its assertiveness.
A Trump hat on the floor of the New York Stock Exchange on June 18
BUSINESS / Markets
Jun 30, 2025
Trump deals poised to fall short of sweeping global trade reform
Trump and his advisers have left investors on edge ahead of July 9, offering cryptic signals about which countries were close to agreements and which were off track.
U.S. President Donald Trump and Canadian Prime Minister Mark Carney take part in an arrival ceremony during the Group of Seven leaders' summit in Kananaskis, Alberta, on June 16.
BUSINESS / Economy / FOCUS
Jun 29, 2025
Trump turns on ‘nice’ Mark Carney with Canadian tech tax ultimatum
The tax became law while Justin Trudeau was still in power and had prompted warnings of U.S. retaliation but Carney went ahead anyway.
Japan's chief tariff negotiator, Ryosei Akazawa, speaks to reporters at Tokyo's Haneda Airport on Thursday, before departing for talks on U.S. tariffs in Washington.
BUSINESS / Economy
Jun 28, 2025
Japan and U.S. to continue tariff talks as July deadline looms
One focus of the bilateral negotiations is whether the suspension of additional "reciprocal" tariffs on Japan will be extended.
U.S. Treasury Secretary Scott Bessent speaks to members of the media after a Senate Republican policy luncheon at the U.S. Capitol in Washington on Friday.
BUSINESS / Economy
Jun 28, 2025
Tariff deals could be wrapped up by Sept. 1, Bessent says as talks pick up
The U.S. Treasury chief did not mention any changes to a July 9 deadline for countries to reach deals with the United States or see tariffs spike higher.
Canadian Prime Minister Mark Carney and U.S. President Donald Trump arrive for a family photo during the Group of Seven leaders' summit at the Kananaskis Country Golf Course in Kananaskis, Alberta, on June 16.
BUSINESS / Economy
Jun 28, 2025
Trump halts trade talks with Canada, shattering optimism over tariff deals
The move came just hours after U.S. Treasury Secretary Scott Bessent struck an upbeat tone on trade, saying deals could be reached by Sept. 1.
Toyota’s global sales that include subsidiaries Daihatsu and Hino reached 955,532 vehicles last month, up 8% from a year earlier.
BUSINESS / Companies
Jun 27, 2025
Toyota sales hit third monthly record on Japan and U.S. demand
Toyota’s global sales — including subsidiaries Daihatsu and Hino — rose 8% from a year earlier to reach 955,532 vehicles in May.
A monitor in Tokyo on Friday shows the 225-issue Nikkei average exceeding 40,000 for the first time since January.
BUSINESS / Markets
Jun 27, 2025
Nikkei hits 40,000 level as trade hopes fuel Japan stock rally
Exporters such as carmakers were among the biggest contributors to gains.
Governments seeking agreements to whittle down country-by-country tariffs U.S. President Donald Trump announced on April 2, and then suspended until July 9, have no idea where additional levies will land.
BUSINESS / Economy
Jun 27, 2025
Trump’s threat of more tariffs makes U.S. trade partners wary of signing deals
The U.S. might apply levies under Section 232 of the Trade Expansion Act on a range of foreign-made products in certain industries.
U.S. Secretary of Commerce Howard Lutnick attends an event at the White House in Washington on Thursday.
BUSINESS / Economy
Jun 27, 2025
Lutnick says U.S.-China truce signed and 10 trade deals imminent
The move includes a commitment from China to deliver rare earths used in everything from wind turbines to jet planes.
Japanese automakers make 3.3 million cars in the U.S. a year, far more than the 1.37 million that they ship there, Japan's chief trade negotiator Ryosei Akazawa says.
BUSINESS / Economy
Jun 26, 2025
Japan can’t accept 25% car tariffs, Akazawa reiterates
Japanese automakers make roughly 3.3 million cars in the U.S. a year, far more than the 1.37 million that they ship there, the negotiator said.
A worker moves a shipping container at Felixstowe port in Felixstowe, U.K.
BUSINESS / Markets
Jun 25, 2025
Pressure for Trump trade deals ramps up with two weeks to go
As of July 9, exporting nations without a bilateral accord in place will face Trump’s so-called "Liberation Day” tariffs that are much higher than the current baseline 10% level.
Ryosei Akazawa, Japan’s chief tariff negotiator (left), meets with Nippon Steel Chairman and CEO Eiji Hashimoto.
BUSINESS
Jun 24, 2025
Japan needs a big, beautiful trade deal with the United States
A creative solution along the lines of the U.S. Steel "golden share" has been suggested.
An electric motor, jointly developed by Honda and Daido Steel, for hybrid cars that uses no heavy rare earth metals is displayed at an unveiling in Tokyo in July 2016.
BUSINESS / Companies
Jun 23, 2025
Honda supplier rethinks China relationship as trade war bites
For Daido Steel, the trade war has meant renewing a push to build rare earth supply routes outside of China.
An under-construction container ship sits at the Daewoo DSME shipyard in Okpo, South Korea, in December 2014.
BUSINESS / Economy / FOCUS
Jun 22, 2025
South Korea counts on shipbuilding to ease U.S. tariff woes
Already hit by sector levies on steel and car exports, Seoul is laser-focused on negotiations over a 25% country-specific tariff.
Lexus GX 550 SUV is displayed at the New York International Auto Show in New York in March last year.
BUSINESS / Companies
Jun 21, 2025
Toyota to raise U.S. auto prices by more than $200 from July
Some Toyota- and Lexus-branded models will see their prices raised by an average of $270 and $208, respectively.
Chief tariff negotiator Ryosei Akazawa has said that his U.S. counterparts are open to an extension of the July 9 deadline for countries that are making an effort toward a deal.
BUSINESS / Economy
Jun 20, 2025
Japan hopes good-faith negotiations will buy it some time in U.S. tariff talks
U.S negotiators have said that the July 9 deadline is flexible and that extensions might be granted.
About three-quarters of Japanese imported crude oil travels through the Strait of Hormuz, which Iran has threatened to close.
BUSINESS / Economy / FOCUS
Jun 20, 2025
Japan’s economy is particularly vulnerable amid Middle East conflict
The yen is not trading like a safe-haven asset following Israel's efforts to knock out Iran's nuclear program.
Hypothermia in the land of the rising Sanae
Amid the election of Sanae Takaichi as Liberal Democratic Party president, and possibly the next prime minister, Japan's economy shows signs of recovery, but weak wages, a conservative corporate culture and currency issues raise doubts about a true economic thaw.
Number of scenarios now on the table for who might be Japan’s next prime minister
Newly-elected leader of Japan's Liberal Democratic Party Sanae Takaichi (right) celebrates with Prime Minister Shigeru Ishiba after winning the LDP leadership election in Tokyo on October 4.
After plenty of ups and downs, Osaka Expo concludes with message of unity
The sun sets on the Grand Ring on the final day of the Osaka Expo on Monday.
A frenetic diplomatic schedule looms for Japan’s next leader — whomever that may be
As horse-trading and speculation surge over who will be elected the next prime minister in parliament — the ruling Liberal Democratic Party's Sanae Takaichi or a possible candidate put forward by a unified opposition — Japan’s next leader will be confronted with a quick succession of key diplomatic events.
ANA flight returns to Haneda Airport after hitting runway lights
An All Nippon Airways flight returned to Tokyo's Haneda Airport on Monday evening, about an hour after takeoff, after it was found to have struck runway lights.
Number of scenarios now on the table for who might be Japan’s next prime minister
Newly-elected leader of Japan's Liberal Democratic Party Sanae Takaichi (right) celebrates with Prime Minister Shigeru Ishiba after winning the LDP leadership election in Tokyo on October 4.
Pace eyes great strides for Japan’s art market
Pace Japan Vice President Kyoko Hattori, the de facto head of the nation’s business, believes a larger, more lucrative art market will allow Japan to be more attractive for collectors.
A frenetic diplomatic schedule looms for Japan’s next leader — whomever that may be
As horse-trading and speculation surge over who will be elected the next prime minister in parliament — the ruling Liberal Democratic Party's Sanae Takaichi or a possible candidate put forward by a unified opposition — Japan’s next leader will be confronted with a quick succession of key diplomatic events.
Ghost of Yotei’s bloodstained fun sidesteps Ainu identity
Ghost of Yotei, the follow-up to 2020's smash hit Ghost of Tsushima, is a violent, vengeful and engaging romp through 17th-century Hokkaido that fails to stick the landing on its most sensitive cultural material.
At Osaka Expo, gas giants promote a greener future. But is it a lot of hot air?
The Gas Pavilion had welcomed around 500,000 visitors by the end of August, making it one of the most popular exhibits at the Osaka Expo.

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