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US

Joseph S. Nye (center), an advocate of stronger U.S.-Japan relations and father of "soft power," died Tuesday at the age of 88.
JAPAN / Politics
May 8, 2025
Joseph Nye, advocate of stronger U.S.-Japan relations, dies at 88
The former U.S. assistant secretary of defense, known for coining the term "soft power," coauthored reports that influenced the direction of U.S.-Japan ties.
U.S. President Donald Trump takes questions from the media at the White House in Washington on Wednesday.
BUSINESS / Economy
May 8, 2025
Trump administration to announce trade deal with Britain
The agreement would be the first deal announced since Trump imposed stiff tariffs on dozens of U.S. trading partners.
A semiconductor wafer is magnified through the lens of a microscope in Seoul on April 30. A rule introduced by former U.S. President Joe Biden to restrict the export of sophisticated chips has been described as "unenforceable."
BUSINESS / Tech
May 8, 2025
Trump administration to rescind and replace Biden's AI chip export curbs
A spokeswoman for the Department of Commerce said the rule is "overly complex" and "unenforceable."
An Israeli military vehicle patrols on the Israeli side of the Gaza border on Wednesday.
WORLD / Politics
May 8, 2025
U.S. and Israel discuss possible U.S.-led administration for Gaza, sources say
There would be no fixed timeline for how long such a U.S.-led administration would last, which would depend on the situation on the ground.
Tatsumi Onose (right), who plays the part of Commodore Matthew Perry in Shimoda's Black Ship Festival, says the historical episode the event is based on should be remembered for its positives more than its negatives.
LIFE / Travel
May 8, 2025
Celebrating Japan’s defeat at Shimoda’s Black Ship Festival
Held this year from May 16 to 18, an event to the south of Tokyo turns a historical episode of national humiliation into a plain old good time.
Since U.S. President Donald Trump's return to the White House, the greenback is down more than 9% against a basket of major currencies as investors pull back from owning U.S. assets.
BUSINESS / Markets
May 8, 2025
Ukraine considers shift from dollar to euro amid geopolitical realignments
"This work is complex and requires high-quality, versatile preparation," Central Bank Gov. Andriy Pyshnyi said.
Fed Chair Jerome Powell said that at this point, it isn't clear if the economy will continue its steady pace of growth, or wilt under mounting uncertainty and a possible coming spike in inflation.
BUSINESS / Economy
May 8, 2025
Fed sees rising risks to economy as it leaves rates unchanged
With so much uncertainty over Trump's tariff moves, Fed Chair Jerome Powell said "It's really not at all clear what it is we should do."
Former Bank of Japan Gov. Haruhiko Kuroda speaks during an interview in Tokyo on April 28.
BUSINESS / Economy
May 7, 2025
Ex-BOJ Gov. Kuroda urges calm response to Trump tariffs
"It's better not to be worked up by every little thing, but to sit down and respond," Kuroda said, referring to frequent changes in U.S. tariff policy.
Japan's Economic Revitalization Minister Ryosei Akazawa speaks to the press upon his arrival at Haneda Airport on April 18. He has said that all tariffs need to be reconsidered by the United States.
BUSINESS / Economy
May 7, 2025
U.S. and Japan remain far apart on tariffs
While both sides have said they will aim for a deal as soon as possible, they have also indicated that they aren't in a rush for a swift settlement.
U.S. Army Pacific commander Gen. Ronald Clark tours the force's Materiel Support Command-Korea at Camp Carroll in Waegwan, South Korea, on April 9.
JAPAN
May 7, 2025
U.S. Army looks to deploy agile new unit to Japan for exercises
The Pentagon has already established three such formations in strategic locations worldwide and is planning two more over the next two to three years.
In a world where capital and rich individuals can cross borders freely, only international cooperation can ensure that multinational corporations and the superrich are fairly taxed.
COMMENTARY / World
May 7, 2025
America is becoming the world’s largest tax haven
Trump is turning the U.S. into a tax haven by weakening enforcement, deregulating crypto and abandoning international tax cooperation, favoring secrecy and the ultrarich.
The global shipping industry is also contending with U.S. measures beyond the barrage of levies.
BUSINESS / Markets
May 7, 2025
World’s trade superhighway feels strain from U.S.-China decoupling
Among signs of disruption are plunging fees, fewer services and a pall of uncertainty over what for decades has been one the main maritime highways of the global economy.
Sailors inspect an F/A-18E Super Hornet on the flight deck of the U.S. Navy aircraft carrier USS Harry S. Truman in the Arabian Sea in 2020. An F-18 fighter jet tipped off the flight deck of the carrier into the Red Sea on Tuesday.
WORLD
May 7, 2025
Another fighter jet falls into sea from U.S. aircraft carrier
An F-18 tipped off the flight deck of the Harry S. Truman aircraft carrier into the Red Sea on Tuesday, the second such incident in about a week.
Nvidia CEO Jensen Huang speaks during the Milken Institute Global Conference in Beverly Hills, California, on Tuesday.
BUSINESS / Tech
May 7, 2025
Trade barriers to China's AI market a 'tremendous loss,' NVidia CEO says
Jensen Huang has argued that tightening restrictions on his company that limit access to China, the biggest market for semiconductors, will hurt U.S. national security.
U.S. Treasury Secretary Scott Bessent testifies before a House Appropriations subcommittee oversight hearing on Capitol Hill in Washington on Tuesday.
BUSINESS / Economy
May 7, 2025
U.S.-China trade talks to start this week focused on de-escalation
The meeting will be the first confirmed trade talks between the countries since U.S. President Donald Trump announced sweeping tariffs on Beijing.
U.S. President Donald Trump speaks during a FIFA Task Force meeting in the East Room of the White House in Washington on Tuesday.
SOCCER / World cup
May 7, 2025
Trump vows 'seamless' experience for 2026 World Cup fans
The World Tourism Forum Institute has said a mix of stringent U.S. immigration policies and global political tensions could "significantly affect" international arrivals.
With the U.S. Capitol in the background, Canadian Prime Minister Mark Carney speaks to reporters after his meeting with U.S. President Donald Trump on Tuesday.
WORLD / Politics
May 7, 2025
Carney stresses Canada will never be for sale in first meeting with Trump
Overall, Carney termed the meeting as constructive, and said the two sides would start serious talks on a new relationship.
The tie-up between Sumitomo Mitsui Banking and its new partners will target U.S. middle-market companies, according to executives.
BUSINESS / Companies
May 7, 2025
SMBC teams with private lenders to offer $1.7 billion of credit
The tie-up between the Japanese banking conglomerate and its new partners will target U.S. middle-market companies, according to executives.
U.S. Defense Secretary Pete Hegseth looks on as President Donald Trump delivers remarks at the White House in Washington on March 21.
WORLD / Politics
May 7, 2025
Hegseth's order to cancel Ukraine weapons caught White House off guard
The story of how the flights were canceled points to an at-times haphazard policymaking process within the Trump administration.
Smoke billows up at Sanaa Airport in Yemen after Israeli military warplanes struck the Houthi rebel-held capital on Tuesday.
WORLD / Politics
May 7, 2025
U.S. and Yemen's Houthis agree to ceasefire
The deal comes after U.S. President Donald Trump announced that the United States would end attacks against the Houthis after the rebels agreed to stop harassing ships.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’