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Service inflation accelerated a tad to 1.6%, while an index excluding energy costs and fresh food prices advanced 2.4%, unchanged from the pace in November.
BUSINESS / Economy
Jan 24, 2025

Inflation in Japan jumps to 3%, supporting the BOJ's rate-hike case

The solid inflation data support the case for the Bank of Japan to raise interest rates on Friday, a move widely anticipated by markets and economists.
Mitsubishi Motors is unlikely to join Honda and Nissan's deal to create a holding company together, it was reported Friday.
BUSINESS / Companies
Jan 24, 2025

Mitsubishi Motors won’t join Honda and Nissan tie-up, Yomiuri says

Mitsubishi Motors hasn’t made any announcements and is considering all options, a spokesperson for the company said.
Katsumi Shinagawa prepares to shred cabbage to serve with pork cutlet dishes at the restaurant Katsukichi in Tokyo on Tuesday.
BUSINESS / Companies
Jan 24, 2025

Climate change cooks up Japanese 'cabbage shock'

It is the latest pain point for shoppers and eateries in Japan already squeezed by inflation.
Bank of Japan Gov. Kazuo Ueda had sounded dovish after the central bank's December policy meeting, which led some analysts to say that rate hikes might only emerge in March.
BUSINESS / Economy
Jan 24, 2025

BOJ takes rates to 0.5% amid calm markets after Trump inauguration

The 25-basis-point move marks the first rate increase since July and takes rates to their highest level since the 2008 global financial crisis.
Japan Airlines' chief executive officer and its chairman will be subject to a 30% pay cut for two months over an incident involving two pilots drinking.
BUSINESS / Companies
Jan 24, 2025

JAL top executives have their pay docked after pilot drinking incident

The punishments stem from an incident last month when two captains caused a flight to be delayed by around three hours after alcohol was found in their systems.
The share of university students who accepted job offers as of Dec. 1 dipped 1.7 percentage points from a year earlier, the first decrease in four years.
BUSINESS
Jan 24, 2025

Share of university students in Japan who accepted job offers falls

It is the first decrease in four years, as some students who received job offers from several companies apparently hesitated to pick one.
Finance Minister Katsunobu Kato holds a news conference at the Finance Ministry in Tokyo in October last year.
BUSINESS / Economy
Jan 24, 2025

Finance chief vows to balance economic revival and fiscal consolidation

Finance Minister Katsunobu Kato highlighted the need to improve Japan's fiscal health, which is the worst among major countries.
A woman lays a bouquet of flowers outside Shenzhen Japanese School following the murder of a 10-year-old Japanese child who was on his way to the school, in Shenzhen in September.
JAPAN / Crime & Legal
Jan 24, 2025

Chinese court gives death penalty to man who killed Japanese boy

Friday’s sentence was pronounced on the same day the trial opened in an unusually quick decision.
The start date and production levels for battery-powered Nissan cars to be manufactured at a plant in Canton, Mississippi, will depend in large part on whether U.S. President Donald Trump and the Republican Congress follow through on vows to scrap a $7,500 tax credit and other incentives for buyers and makers of EVs.
BUSINESS / Companies
Jan 25, 2025

Nissan looks to Trump-proof North American production plans

Nissan may slow a planned ramp-up of electric vehicles made in the U.S. after halting output at a joint venture in Mexico.
Ben Wikler, the chairman of the Wisconsin Democratic Party, in Milwaukee, last March
WORLD / Politics
Jan 25, 2025

Contenders to lead the Democratic Party scramble to show momentum

As two Midwesterners battle for control of the Democratic National Committee, they are making loud yet unverifiable claims about their levels of support.
U.S. airmen and U.S. Customs and Border Protection Agency personnel prepare to load undocumented migrants onto a C-17 Globemaster III at Tucson International Airport in Tucson, Arizona, on Thursday.
WORLD / Politics
Jan 25, 2025

Trump deploys visible military force to launch migrant crackdown

Long done in the shadows, Trump’s administration is releasing photos and videos of authorities herding migrants onto C-17s, military planes.
Bank of Japan Gov. Kazuo Ueda speaks during a news conference after a two-day monetary policy meeting at BOJ headquarters in Tokyo on Friday.
BUSINESS / Economy / FOCUS
Jan 25, 2025

BOJ’s clear guidance on rate hike calms markets but may backfire

For some economists, the latest move was too completely priced in, begging the question of how explicitly the BOJ intends to signal its plans in the future.
The Bank of Japan headquarters in Tokyo on Friday
BUSINESS / Economy
Jan 25, 2025

Central bank appears poised to break through 0.5% rate barrier this year

The central bank's board voted Friday to increase its target for its short-term policy rate to around 0.5% from around 0.25%.
U.S. President Donald Trump attends an event about the economy at the Circa Resort and Casino in Las Vegas on Saturday.
WORLD / Politics / FOCUS
Jan 26, 2025

Trump’s frenzied debut delights base as thornier decisions await

The honeymoon is hardly assured to last, with the U.S. president so far avoiding drastic steps that would tempt backlash from his party, Wall Street or both.
The U.S. head office of TikTok in Culver City, California
BUSINESS / Tech
Jan 26, 2025

White House in talks to have Oracle and U.S. investors take over TikTok

Under the deal, ByteDance would retain a stake in the company, but data collection and software updates would be overseen by Oracle.

Longform

Ayumi Matsuki, a priestess at Yoshiwara Shrine, shows off some "o-mamori" charms. She says visitors to the shrine have increased since the NHK drama “Unbound” began airing this month.
Tracing Tsutaya Juzaburo, Edo’s media maverick