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March 12, 2025
 

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Bank of America CEO Brian Moynihan
BUSINESS / Companies
Mar 7, 2025

Bank of America CEO willing to hire in Japan amid revival

The bank, based in Charlotte, North Carolina, has about 800 employees in Japan.
Trade Minister Yoji Muto speaks during a meeting with steel and aluminum company executives on Feb. 25.
BUSINESS / Economy
Mar 8, 2025

Japan to send trade minister Muto to U.S. amid tariff tensions

The visit is set to take place from March 9 to March 11, just before the extra levies on steel and aluminum are expected to kick in on March 12.
Japanese Ambassador to Sri Lanka Akio Isomata (left) and secretary to Sri Lanka's Finance Ministry, Mahinda Siriwardana, attend a joint news conference after the signing of debt restructuring agreements between the two countries in Colombo on Friday.
BUSINESS / Economy
Mar 8, 2025

Sri Lanka signs $2.5 billion debt deal with Japan

Japan said it was granting concessions on a ¥369.45 billion ($2.5 billion) loan under a comprehensive debt treatment plan.
A man is silhouetted beneath a screen displaying Japan's Nikkei share average in Tokyo on Tuesday.
BUSINESS / Markets
Mar 8, 2025

Japanese stocks expected to remain on downward trend amid tariff turmoil

Uncertainties over U.S. President Donald Trump's tariffs this week pushed the Nikkei 225 index below 37,000 for the first time in six months.
Former Bank of Japan Gov. Haruhiko Kuroda said Japan must fix "any misunderstanding" held by U.S. President Donald Trump that its central bank was intentionally weakening the yen with monetary policy.
BUSINESS / Economy
Mar 8, 2025

Japan must fix 'misunderstanding' it is manipulating yen, says ex-BOJ chief Kuroda

Trump said he had told Japan and China they could not continue to reduce the value of their currencies, as doing so would be unfair to the United States.
A makeshift memorial for fallen Ukrainian soldiers on Independence Square in Kyiv.
WORLD / Politics
Mar 8, 2025

Ten days that shook Ukraine’s world reverberate in defiant Kyiv

The U.S. shift is as calamitous for Ukraine as it is shocking for European allies. But the mood remains defiant in Kyiv.
Shigeru Ishiba, the prime minister and president of the Liberal Democratic Party, shakes hands with one of the party's candidates for the upcoming Upper House election during the party's annual convention in Tokyo on Sunday.
JAPAN / Politics
Mar 10, 2025

Ishiba vows all-out election fight at LDP convention

The triennial Upper House election comes after the LDP-Komeito ruling coalition lost its majority in the Lower House in last year's general election.
Toyota will suspend three lines at two plants in Aichi Prefecture on Monday.
BUSINESS / Companies
Mar 9, 2025

Explosion and fire lead Toyota to halt production at two plants in Aichi from Monday

The suspension is believed to be due to the effects of an explosion and fire accident at a plant of Chuo Spring, a Toyota affiliate, on Thursday.
Former Bank of Canada and Bank of England governor Mark Carney speaks after he won the race to become leader of Canada's ruling Liberal Party and will succeed Justin Trudeau as Prime Minister, in Ottawa on Sunday.
WORLD / Politics
Mar 10, 2025

Mark Carney wins Canada Liberal contest and will succeed Trudeau in days

Carney takes the reins at a time when the White House is creating upheaval in the global economy — and with U.S. trading partners — with increasingly chaotic tariff announcements.
U.S. President Donald Trump speaks to reporters as White House Press Secretary Karoline Leavitt stands with him aboard Air Force One on his return to Washington on Sunday.
BUSINESS / Economy
Mar 10, 2025

Trump declines to rule out recession in U.S. this year

The U.S. president's on-again, off-again tariff threats have roiled financial markets and stoked unease among consumers.
Base pay rose by 3.1% in January from a year earlier, the largest advance since October 1992, according to the labor ministry.
BUSINESS / Economy
Mar 10, 2025

Japan records fastest gains in base pay since 1992, supporting BOJ moves

Data has also highlighted the impact of price growth, with real cash earnings falling 1.8%.
Hong Kong’s growth outlook was cut by economists for the last two quarters of the year.
BUSINESS / Markets
Mar 10, 2025

Singapore and Hong Kong face growth risks over U.S. tariff war with China

Singapore and Hong Kong are among the most exposed to China’s economy via commodity and trade links.
People walk past an agency building of the Chinese electric car brand BYD in Mexico City on March 3.
BUSINESS / Tech
Mar 10, 2025

Tesla is flailing in China and the rapid rise of BYD is to blame

Disappointing shipments in China have been blamed on a narrow and dated lineup, particularly in the face of up-to-date and more exciting offerings from BYD and others.
In the Japanese credit market, Change of Control covenants — which give bondholders certain rights to redeem the debt before maturity if the borrower has a significant change in ownership structure — have been very rarely seen, until now.
BUSINESS / Companies
Mar 10, 2025

Japan credit investors seek shield from M&A risks as deals boom

Change of Control clauses, which had been rare in Japan, are being increasingly sought by investors.
Arsenal manager Mikel Arteta gestures on the touchline during the match between Manchester United and Arsenal at Old Trafford on March 9.
SOCCER
Mar 10, 2025

Arteta frustrated after draw leaves Arsenal's title hopes in tatters

The Red Devils could not hold on for just a sixth Premier League win in 16 games under Amorim.
A worker collects palm oil fruit in Sepang, outside Kuala Lumpur, in 2014.
BUSINESS / Markets
Mar 10, 2025

The end of cheap palm oil? Output stalls as biodiesel demand surges

Aging plantations and slow replanting have led to lower yields even as demand for palm oil rises from various sectors.
China’s overnight and seven-day repo rates surged in February, while bond investors took losses from a sharp rise in yields.
BUSINESS / Markets
Mar 10, 2025

‘Impossible trinity’ conundrum has caused a cash crunch in Asia

Countries can’t simultaneously control their currencies, independently set interest rates and allow capital to move freely across borders — something will break or give way.
People rest inside the sports hall of an elementary school that was transformed into temporary accommodations for people fleeing the Russian invasion of Ukraine, in Przemysl, Poland, in March 2022. Geography and geopolitical interests mean that Japan could find itself assuming a supporting role similar to Poland's should China ever attack Taiwan.
JAPAN / Politics
Mar 10, 2025

Poland’s role in Ukraine war offers lessons for Japan, top envoy says

Geography and geopolitical interests mean that Tokyo could find itself assuming a supporting role similar to Warsaw’s should China ever attack Taiwan.
Japan logged a deficit of ¥257.6 billion in the current account, a measure of trade and investment flows, compared with a surplus of ¥334.3 billion a year before, according to the Finance Ministry.
BUSINESS / Economy
Mar 10, 2025

Japan logs its first current account deficit in two years in January

The nation logged a deficit of ¥257.6 billion in the current account compared with a surplus of ¥334.3 billion a year before.
JX Advanced Metals plans to list on the Tokyo Stock Exchange on March 19.
BUSINESS / Companies
Mar 10, 2025

JX Metals raises $3 billion in Japan's biggest IPO since SoftBank

The semiconductor materials supplier, whose clients include Taiwan Semiconductor Manufacturing Co. and Intel, plans to list on the Tokyo Stock Exchange on March 19.
Boxes of imported pork from the U.S. at a cold storage warehouse in Shanghai
BUSINESS / Economy
Mar 10, 2025

China deploys food as a high-impact, low-cost weapon in tariff fight

China’s willingness to use food as a countermeasure against the U.S. underscores the impact of a slowing economy on demand.
India, the world’s third-biggest emitter, wants to more than double clean-power capacity to 500 gigawatts by 2030. That won't be easy.
ENVIRONMENT / Energy
Mar 10, 2025

Eyeing short-term savings, India’s utilities put green energy boom at risk

A federal auction model that helped the country add more than 130 gigawatts of renewables projects over the past decade is under threat of circumvention.
A trader works on the floor of the New York Stock Exchange at the opening bell in New York on Monday, when stocks plummeted as investors fretted that uncertainty over President Donald Trump's tariff policy could tip the world's biggest economy into a recession.
BUSINESS / Markets
Mar 11, 2025

Markets rocked by Trump show economic fear across Wall Street

What had been a steady pullback from the U.S. stock market accelerated sharply Monday as investors retreated from virtually every type of risk.
Elon Musk, head of the so-called Department of Government Efficiency, wears a shirt that says "Tech Support" as he speaks during a Cabinet meeting with U.S. President Donald Trump at the White House in Washington on Feb. 26.
WORLD
Mar 11, 2025

Elon Musk says X hit by major cyberattack

The attack raises questions as to whether the politically divisive billionaire — and top adviser to U.S. President Donald Trump — is being targeted.
Canadian Prime Minister-designate Mark Carney speaks during the Liberal Party’s gathering in Ottawa, Canada, on Sunday. Carney will most likely be in power just a few weeks before a federal election is held.
WORLD / Politics
Mar 11, 2025

Carney gets down to work as Canada election drumbeat grows

The prime minister-designate promises a speedy transition to a new administration that he says will focus on the economy and fighting back against U.S. tariffs.
An election campaign banner is attached to a rock ahead of Tuesday's general election in Nuuk, Greenland, on Monday.
WORLD / Politics
Mar 11, 2025

In wake of Trump's threats, Greenland holds parliamentary election

Independence has been a key campaign theme in the semiautonomous territory of Denmark after the U.S. president said he wants control over the island.
Kazuo Momma, a former executive director in charge of monetary policy at the Bank of Japan, says June is the favored option for the central bank's next rate hike.
BUSINESS / Economy
Mar 11, 2025

BOJ’s next rate hike likely in June, former executive says

Kazuo Momma, a former executive director in charge of monetary policy, says the central bank is likely to move roughly every six months to maintain expectations.
A woman visits a grave in Rikuzentakata, Iwate Prefecture, on Tuesday on the 14th anniversary of the Great East Japan Earthquake. Populations in the hardest hit prefectures of Iwate, Miyagi and Fukushima are sharply falling.
JAPAN
Mar 11, 2025

Post-disaster Tohoku struggles with population decline

The number of people aged 20 to 39 in Iwate, Miyagi, and Fukushima prefectures fell by about 20% to 30% between 2010 and 2024.
A tank holds untreated waste from plutonium production at the Hanford Nuclear Reservation, a site that was integral to the nation’s nuclear arsenal after World War II, north of Richland, Washington, in March 2023.
ENVIRONMENT / Energy
Mar 11, 2025

Most contaminated U.S. nuclear site is set to be the largest solar farm

Plans to transform Hanford had just begun inching forward when U.S. President Donald Trump started his second term.
A man walks past an electronic board showing the Nikkei 225 index on the Tokyo Stock Exchange along a street in the capital on Tuesday.
BUSINESS / Markets
Mar 11, 2025

Asian stocks slide as U.S. growth worries grip markets

In Asia, stocks were battered across the board with Japan's Nikkei and Taiwan stocks hitting their lowest levels since September.
Amid labor shortage, Japan approves guidelines to upskill foreign workers
A Vietnamese worker harvests tomatoes at a farm in the city of Asahi, Chiba Prefecture, in 2018.
Nissan CEO Makoto Uchida to step down
Makoto Uchida, CEO of Nissan, will step down from the post at the end of this month.
Man arrested after fatal stabbing of woman in Shinjuku Ward
Investigators from the Tokyo Metropolitan Police examine the scene where a woman in her 20s was stabbed on Tuesday morning in Tokyo's Shinjuku Ward.
Japan marks 14 years since 3/11 earthquake, with over 27,000 still displaced
People observe a moment of silence at 2:46 p.m. on Tuesday in Rikuzentakata, Iwate Prefecture, when the Great East Japan Earthquake hit 14 years ago. Behind them is a pine tree dubbed "the miracle tree" that survived the tsunami.
Oto, Japan’s oldest lion, dies at 25 — equivalent to 100 human years
Oto, Japan's oldest lion, died Monday at Toyohashi Zoo & Botanical Park in Toyohashi, Aichi Prefecture.
14 years after 3/11 disasters, Fukushima vies to become a startup hub
Aizawa Concrete employees work in the Namie factory in Fukushima Prefecture in January.
Tokyo’s vinyl experts say overseas buyers are ‘sustaining the scene’
Rintaro Sekizuka runs a record store in both London and Tokyo’s Katsushika Ward.
Cherry blossom season set to kick off on March 21 in Tokyo
A Weathernews forecast shows the cherry blossom season will begin on March 21 in Tokyo.
Eternal debate over surname law comes to fore again
Members of a Liberal Democratic Party panel discuss proposals about allowing spouses to retain their respective surnames, in Tokyo on Thursday.
Poland’s role in Ukraine war offers lessons for Japan, top envoy says
People rest inside the sports hall of an elementary school that was transformed into temporary accommodations for people fleeing the Russian invasion of Ukraine, in Przemysl, Poland, in March 2022. Geography and geopolitical interests mean that Japan could find itself assuming a supporting role similar to Poland's should China ever attack Taiwan.

Podcast

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

Longform

Wealthier women in the prewar era had been the targets of various media-related health campaigns that mistakenly encouraged them to avoid everything from riding bicycles to reading novels when their monthly cycles came around.
Menstruation in Japan: Breaking the silence, slowly
By Tomoko Otake

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Cainz enriches lives and communities through DIY
Cainz enriches lives and communities through DIY

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