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According to a tally released on Thursday, some 1,416 labor unions under the umbrella of the Japan Council of Metalworkers’ Union requested a monthly base salary gain of ¥14,149 ($94.84) on average in talks expected to culminate with a deal next month.
BUSINESS / Companies
Feb 27, 2025

Japan's metalworker unions demand record pay hike

The demand by Japan Council of Metalworkers’ Union is an early sign of continued momentum for pay growth in the country.
Gene Hackman during the 60th annual Golden Globe Awards in Beverly Hills, California, on Jan. 19, 2003
CULTURE / Film
Feb 27, 2025

Actor Gene Hackman and wife found dead alongside dog at home

A statement from the sheriff said deputies had found the 95-year-old actor and Arakawa, 64, deceased on Wednesday afternoon.
U.S. President Donald Trump’s brinkmanship puts North America back on the precipice of a trade war, which economists say would hurt U.S. growth, worsen inflation and possibly spark recessions in Mexico and Canada.
BUSINESS
Feb 28, 2025

Trump says Canada and Mexico tariffs to take effect, adds new China duty

Trump said 25% tariffs on Canada and Mexico are on track to go into place on March 4, and said he would impose an additional 10% tax on Chinese imports.
Fuji TV President Kenji Shimizu speaks to reporters in Tokyo's Minato Ward on Thursday.
BUSINESS / Companies
Feb 28, 2025

Longtime Fuji Media director Hieda resigns from advisory panel

The move follows a firestorm that engulfed Fuji Media and its core unit, Fuji Television Network, over the handling of a sex scandal involving former TV star Masahiro Nakai.
An electronic board in Tokyo shows the 225-issue Nikkei average dropping over 1,000 points on Friday morning.
BUSINESS / Markets
Feb 28, 2025

Asian chip shares tumble on Nvidia earnings and tariff fears

A Bloomberg gauge of 25 Japanese chip-related stocks sank as much as 4.5%, the biggest intraday fall since September.
Prices of more than 2,300 food items, such as frozen food products, are expected to be raised in March.
BUSINESS
Feb 28, 2025

Prices of over 2,300 food items to be raised in Japan in March

The monthly figure is on course to top 2,000 for the first time since October 2024, and the cumulative number in 2025 will exceed 10,000.
Bank of Japan Gov. Kazuo Ueda speaks to the press in October in Tokyo. Ueda told parliament on Feb. 12 that the central bank is aware that food price increases are negatively affecting households.
BUSINESS / Economy
Feb 28, 2025

Odds of early rate rise increase as inflation becomes the fight in Japan

Hawkish signals sent by Bank of Japan officials over the past month or so point to such a possibility.
People take photos of the Shinjuku Alta building on Friday evening.
JAPAN / Society
Feb 28, 2025

Shinjuku Alta closes its doors after 45 years

The shopping complex near the JR Shinjuku Station served as a de facto meeting point for many in one of Tokyo’s busiest entertainment districts.

Longform

The building of new high-rise residential buildings has some alarmed that they could empty and fall into disrepair as Japan's population shrinks.
The high cost of letting Japan's condos crumble