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February 03, 2025
 

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BUSINESS

Economy

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The Bank of Japan headquarters in Tokyo
BUSINESS / Economy
BOJ discussed worries about price upward deviation in January
One member referred to "a growing possibility that underlying CPI (consumer price index) inflation will rise steadily toward achieving the price stability target of 2%."
BUSINESS / Economy
Car prices face $3,000 increase in U.S. as tariffs hit auto sector
The tariffs are set to take effect at 12:01 a.m. on Tuesday, giving manufacturers less than 48 hours to figure out what to do.
BUSINESS / Economy
Trump says Americans could feel 'pain' in trade war with Mexico, Canada and China
Wall Street and Washington's largest trading partners signaled hope that the trade war would not last long.
Canada's Prime Minister Justin Trudeau looks on during a press conference while responding to U.S. President Donald Trump's orders to impose 25% tariffs on Canadian imports, in Ottawa, Ontario, Canada, on Saturday.
BUSINESS / Economy
Feb 3, 2025
Trump’s ‘tariff thrashing’ spurs crisis response from Canada
By Randy Thanthong-Knight and Christine Dobby
The U.S. tariffs are expected to create job losses in Canada and may even cause it to tip into a recession if they last for a number of months.
A container ship at Lianyungang Port in China on Wednesday
BUSINESS / Economy
Feb 2, 2025
China vows measures against U.S. tariffs and threatens WTO action
While the 10% levy falls short of Trump's earlier threats, the tariffs target a nation already battling a grinding slowdown.
Canadian Prime Minister Justin Trudeau speaks during a news conference as Ottawa responded to U.S. President Donald Trump's order to impose tariffs on Canadian imports, in Ottawa on Saturday.
BUSINESS / Economy
Feb 2, 2025
‘Complete betrayal’: Canada reels as Trump tariffs rattle major trading relationship
By Thomas Seal, Laura Dhillon Kane, Brian Platt and Randy Thanthong-Knight
Prime Minister Justin Trudeau, speaking on a bitterly cold night in Ottawa, said Trump’s move left his government with no choice but to respond forcefully.
Chevy and GMC pickup trucks at a General Motors facility in Silao, Mexico, in 2022. The automaker produces more vehicles in Mexico than any other American manufacturer.
BUSINESS / Economy
Feb 2, 2025
Trump stretches trade law boundaries with tariffs
By David Lawder
Experts say the 1977 International Emergency Economic Powers Act (IEEPA) is untested for Trump's actions and will likely face swift court challenges.
Finance Minister Katsunobu Kato holds a virtual meeting with U.S. Treasury Secretary Scott Bessent last week.
BUSINESS / Economy
Feb 2, 2025
Japan to closely monitor impact on yen of Trump tariffs, Kato says
By Yoshiaki Nohara
Kato spoke as the world braces for first salvo in Trump's tariff war, with general levies of 25% on Canada and Mexico and 10% on China.
Supply ships that service the offshore oil rigs on Canada's east coast load cargo in in St. John's, Newfoundland, on Saturday.
BUSINESS / Economy
Feb 2, 2025
To Trump, tariffs are not a means but an end
By David E. Sanger
What makes U.S. President Donald Trump’s move against Mexico, Canada and China different compared with past uses of tariffs is that he seems uninterested in pursuing deals.
Trucks wait in line at the Zaragoza-Ysleta border crossing into the U.S. on Friday in Ciudad Juarez, Mexico, a day ahead of U.S. President Donald Trump's order to impose tariffs on Mexican imports.
BUSINESS / Economy
Feb 2, 2025
Trump launches trade war with tariffs on Mexico, Canada and China
U.S. President Donald Trump has ordered 25% tariffs on Canadian and Mexican imports and 10% on goods from China starting Tuesday.

Japan scrambles jets as Russian bombers fly over high seas
Tupolev Tu-95MS strategic bombers perform a flypast during the victory day parade in Moscow in June 2020.
Slope built to reach man trapped in sinkhole in Saitama
A slope (left) is built at the intersection of a sunken road in Yashio City, Saitama Prefecture on Saturday.
Japan to ease foreign worker rules for hotel restaurants
The Japanese government is considering allowing foreign workers under its specified skilled worker program to take orders and serve and cook food at restaurants within inns and hotels.
Trump's Pentagon says it will 'rotate' out some media from offices
More than two dozen news organizations operate out of the Pentagon reporting on the daily activities of the U.S. military.
Residents near Japan sinkhole urged to evacuate
Rescuers on Thursday continue to try and free a truck driver after his vehicle plunged into a sinkhole in Yashio, Saitama Prefecture, earlier in the week.
Home away from home: My first time at a Tet festival in Japan
Billed as a “cultural bridge that connects Japan and Vietnam,” Tet Viet Saitama drew tens of thousands of attendees from across the Kanto region.
First official survey set to change backcountry Hokkaido skiing
The first official government survey of Hokkaido backcountry skiing could spell changes for trails in the northern prefecture.
Fuji TV’s go-big PR strategy wins grudging praise globally
Fuji TV executives take questions during a news conference on Monday in Tokyo in which some participants became unruly.
Two decades of unparalleled access into the world of Hayao Miyazaki
Documentary director Kaku Arakawa’s filming style — naturalistic, intimate and unobtrusive — proved essential to portraying anime powerhouse Hayao Miyazaki as a man as flawed and human as he is a visionary artist in “Hayao Miyazaki and the Heron.”
For two weeks only, cold-water yellowtail can give you chills
Yellowtail caught during the coldest period of the year is delicious enough — but paired with a classic method of marinade and pan-searing, it's divine.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Eme-Ima Kitchen is one of over 10,000 kodomo shokudō in Japan. A term first used in 2012 to describe makeshift eateries offering free or cheap meals to disadvantaged kids, it now refers to a diverse range of individuals, groups and organizations working to provide not only food but a sense of belonging to both children and adults.
Japan’s ‘children’s cafeterias’ are booming — but is that a good thing?
By Alex K.T. Martin

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