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February 05, 2025
 

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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

Experts say the 1977 International Emergency Economic Powers Act (IEEPA) is untested for Trump's actions and will likely face swift court challenges.
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.
The 225-issue Nikkei stock average loses more than 1,000 points Monday ahead of steep U.S. tariffs taking effect on imports from Mexico and Canada.
BUSINESS / Markets
Feb 3, 2025

Nikkei sheds over 1,000 points as markets react to Trump's tariffs

The trend among investors in Tokyo is to lower risks by reducing their holdings and selling futures for now, a Japanese brokerage house official said.
The Bank of Japan headquarters in Tokyo
BUSINESS / Economy
Feb 3, 2025

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%."
The Hyatt Regency hotel in Tokyo's Shinjuku Ward
BUSINESS / Companies
Feb 3, 2025

KKR and Gaw look to sell Tokyo Hyatt Regency for over ¥100 billion

The two investment firms bought the hotel in the Shinjuku area for an estimated ¥60 billion less than two years ago.
Masahiro Tanaka signed with the Giants in December.
BASEBALL / Japanese Baseball / Sac Bunts
Feb 3, 2025

Star pitcher Masahiro Tanaka looking to revive glory days with Giants

Masahiro Tanaka is one of the most recognizable faces in Japanese baseball, but sightings of the new Giants pitcher were few and far between in 2024.
U.S. President Donald Trump signs an executive order during a ceremony in the Oval Office of the White House in Washington on Monday.
BUSINESS / Economy
Feb 4, 2025

Trump's tariff reversal shows how he's wielding bombast on trade

The U.S. leader has pledged to remake the global economy with tariffs. So far, it’s been more Art of the Deal than a revolution.
The Chinese Consolidated Benevolent Association, also called the Chinese Six Companies, formed in San Francisco in 1882, was a unifying umbrella organization for immigrant associations, becoming one of the first such influential community advocacy groups in America.
COMMENTARY / World
Feb 2, 2025

America versus China, the troubling prequel

A forthcoming book details the horrific experience of Chinese immigrants in the U.S. in the 19th century. Is it an omen for the future?
U.S. President Donald Trump and Indian Prime Minister Narendra Modi in 2020
BUSINESS
Feb 4, 2025

Modi’s Trump strategy sees quick concessions to avoid trade war

Trump has repeatedly singled out India and its high trade barriers, and has pledged reciprocal duties on the South Asian country.
Nippon Steel and United States Steel said in an opening brief Monday that the Committee on Foreign Investment in the United States violated their due process rights last year by allowing "virtually no substantive engagement” with the companies.
BUSINESS / Companies
Feb 4, 2025

Nippon Steel and U.S. Steel blast Biden's 'sham' merger block

While Biden is no longer in office, President Donald Trump has expressed his own opposition to the deal.
The current government under Prime Minister Keir Starmer has resisted calls for a national inquiry focused on the grooming gangs in Rotherham, and says it will conduct a series of local probes.
WORLD / Crime & Legal
Feb 4, 2025

'Life's ruined' in U.K. town broken by grooming gangs

Rotherham, once a producer of some of the world's finest steel, is now the epicenter of a major U.K. scandal that has left the town angry, ashamed and needing answers.
Justice Minister Keisuke Suzuki speaks to reporters Tuesday about the idea of revising the companies law to fully allow businesses to hold online-only shareholders' meetings.
BUSINESS
Feb 4, 2025

Japan to allow firms to hold online-only shareholder meetings

Online-only shareholders' meetings are currently permitted only in exceptional cases under the industrial competitiveness enhancement law.
The United States was the biggest food export destination for Japan, with shipments totaling ¥242.9 billion, up 17.8%, helped by efforts to diversify scallop export markets following China's fishery import ban.
BUSINESS / Economy
Feb 4, 2025

Japan's food exports hit record high for 12th straight year

The United States was the biggest food export destination for Japan.
U.S. Treasury Secretary Scott Bessent (left) speaks during an executive order signing ceremony with U.S. President Donald Trump and Howard Lutnick, chief executive officer of Cantor Fitzgerald and U.S. commerce secretary nominee, in the Oval Office of the White House in Washington on Monday.
BUSINESS
Feb 4, 2025

Trump orders creation of U.S. sovereign wealth fund and says it could buy TikTok

The text of the executive order was sparse on details, and simply directed the Treasury and Commerce Departments to submit a plan for such a fund within 90 days.
Nintendo announced in January that it will release the console's hotly anticipated successor — the Switch 2 — in 2025, but stopped short of revealing details such as pricing.
BUSINESS / Companies
Feb 4, 2025

Nintendo cuts net profit forecast as Switch sales slow

Nintendo said it will release the console's hotly anticipated successor — the Switch 2 — in 2025 but stopped short of revealing details such as pricing.
A passenger plane for Japan Airlines sits on the tarmac at Tokyo International Airport at Haneda in Tokyo on Tuesday.
BUSINESS / Companies
Feb 4, 2025

Two ex-Japan Airlines pilots grounded after lying about drinking

JAL said last month its two most senior executives would take a 30% pay cut for two months over the incident.
Crashed U.S. Army Black Hawk unit was responsible for doomsday readiness
A U.S. Coast Guard vessel attempts to retrieve the remains of a U.S. Army Black Hawk helicopter on Friday after it crashed into the Potomac River near Ronald Reagan Washington National Airport earlier in the week.
Why it's taking so long to reach the driver trapped in a Saitama sinkhole
Construction workers near a sinkhole in Yashio, Saitama Prefecture, on Monday
Yamagata’s Zao Onsen Ski Resort is a classic beauty
Risshaku-ji Buddhist temple in the snow, with the valley and town in the background.
Record-breaking snowfall hits Hokkaido as cold front sweeps Japan
Snow-covered streets in Obihiro, Hokkaido, on Tuesday
Job-hopping Japanese workers push salaries higher
Japanese workers are increasingly job-hopping from one full-time position to another.
Fuji Media’s crisis entices investors betting on changes
While Fuji Media Holdings is known for its iconic sphere-and-lattice headquarters in the Odaiba district near Tokyo Bay, it also owns office buildings, condominiums, hotels, nursing homes, logistic facilities, resorts and even two aquariums.
Job-hopping Japanese workers push salaries higher
Japanese workers are increasingly job-hopping from one full-time position to another.
At the new Ginza Sony Park, listening is an art form
In addition to the commercial benefits from Ginza Sony Park's music-centered exhibition — such as promoting Sony's artists and products — there is a real effort to put music in focus.
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.

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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