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April 13, 2025
 

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The U.S. Justice Department is disbanding its National Cryptocurrency Enforcement Team, a memo has shown.
BUSINESS / Tech
Apr 9, 2025

U.S. Justice Department disbands crypto enforcement team

Under President Donald Trump, the U.S. government has been reversing course on crypto.
The U.S. Steel Clairton Coke Works facility in Pennsylvania
BUSINESS / Companies
Apr 9, 2025

U.S. Steel says activist investor now in favor of Nippon Steel deal

Ancora Holdings owns less than a 1% stake in the company.
Bank of Japan Gov. Kazuo Ueda said Wednesday the central bank's stance is to conduct policy appropriately by carefully assessing the remaining uncertainties surrounding tariffs.
BUSINESS / Economy
Apr 9, 2025

BOJ's Ueda conveys wait-and-see stance on U.S. tariffs

He suggests the central bank will see how the tariff measures evolve before assessing the potential impact, and any required response.
Foreign residents who fail to renew their residential statuses before their expiry may find that they won’t be able to withdraw cash from their bank accounts.
JAPAN / Society
Apr 9, 2025

Banks freeze withdrawals for foreign nationals upon expiration of visas

The move is part of a government initiative to combat scams and fraud, the Financial Services Agency says.
Shipping containers at a port in Nanjing, in eastern China's Jiangsu province, on Tuesday
BUSINESS / Economy
Apr 9, 2025

China raises tariffs on U.S. goods to 84% as trade war escalates

China’s move came hours after Trump's sweeping measures went into force, taking the cumulative rate announced this year to 104%.
U.S. President Donald Trump looks on after signing an executive order in the Oval Office of the White House on Wednesday in Washington.
BUSINESS / Economy
Apr 10, 2025

Tokyo cheers Trump’s tariff U-turn with second-biggest market gain ever

The news of Trump’s 90-day pause on “reciprocal tariffs”was welcomed by Japan and its markets, with the 225-issue Nikkei stock average up more than 9% on Thursday.
The Nikkei stock index jumped on Thursday morning following U.S. President Donald Trump's pause on reciprocal tariffs.
BUSINESS / Markets
Apr 10, 2025

Japan stocks rebound more than 9% after Trump's tariff reversal

The Nikkei 225 index closed up 9.12% on Thursday after the U.S. president announced a 90-day pause on the most onerous new tariffs on imports.
A screen displays the Dow Jones Industrial Average and other final trading numbers after the closing bell on the floor at the New York Stock Exchange on Wednesday.
BUSINESS / Tech
Apr 10, 2025

'Magnificent Seven' stocks ride again as Trump pauses tariffs

The stocks amassed more than $1.5 trillion in market value on Wednesday, easing pressure on tech giants that had tumbled in recent sessions.
The White House says U.S. President Donald Trump "has a spine of steel and will not break.”
BUSINESS / Economy
Apr 10, 2025

Trump shock pushes U.S. and China toward decoupling cliff edge

Trump's 120% tariffs on Chinese goods and Beijing’s determination to fight back in kind mean a seismic cleavage is rapidly becoming a reality.
A Buddha statue is surrounded by debris on the outskirts of Mandalay, Myanmar, following the devastating March 28 earthquake. A lack of internet access is severely impeding disaster response in the country.
ASIA PACIFIC
Apr 10, 2025

In Myanmar, internet shutdowns hinder earthquake aid response

Communications have been under control of the military junta since it violently seized power from a democratic government in 2021.
U.S. Steel shares tumbled as much as 16% Wednesday after President Donald Trump made a fresh remark signaling his opposition to a buyout by Nippon Steel.
BUSINESS / Companies
Apr 10, 2025

Trump says he does not want to see U.S. Steel go to Japan

Trump told White House reporters that U.S. Steel is a special company, throwing cold water on expectations that Nippon Steel's buyout efforts might start to make progress.
Canadian Prime Minister Mark Carney speaks during a campaign rally in Calgary, Alberta, Canada, on Tuesday.
WORLD / Politics
Apr 10, 2025

Canada’s Mark Carney treads a fine line on climate in a tight election

In a nation whose energy sector is still dominated by oil and gas, the question is how much the new prime minister may need to play down his green resume in order to win.
Kazuyuki Masu, former executive vice president of Mitsubishi Corp., has been nominated as a new policy board member of the Bank of Japan.
BUSINESS / Economy
Apr 10, 2025

Ishiba picks ex-Mitsubishi executive Masu for BOJ board

Masu would replace Toyoaki Nakamura, a former Hitachi executive, whose five-year term ends on June 30.
U.S. Customs and Border Protection and Border Patrol agents chat beside a decorated Tahoe during the Border Security Expo in Phoenix, Arizona, on Wednesday.
WORLD / Politics
Apr 10, 2025

ICE chief says deportation system should run like Amazon Prime

Immigrant rights advocates condemned Todd Lyons’ comments as dehumanizing.
Australian Deputy Prime Minister and Defense Minister Richard Marles speaks in Sheffield, U.K. in July 2024.
ASIA PACIFIC / Politics
Apr 10, 2025

Australia turns down China's offer to 'join hands' to fight U.S. tariffs

Australia has rejected China’s proposal for a trade alliance against U.S. tariffs, opting instead to diversify its economic ties.
Producer prices of farm goods surged 19.7% in fiscal 2024 from the previous year, reflecting higher prices of rice sold to wholesalers.
BUSINESS
Apr 10, 2025

Japan producer prices rise 3.3% in fiscal 2024

According to a preliminary report by the Bank of Japan, the producer price index in the year through March hit a record high for the third straight year.
U.S. President Donald Trump holds a purse as he visits the Louis Vuitton Rochambeau Ranch leather workshop in Keene, Texas, in 2019.
BUSINESS / Companies
Apr 10, 2025

LVMH finds making Louis Vuitton bags messy in Texas

Former staff say Louis Vuitton’s Texas plant wastes up to 40% of leather and encouraged defect coverups to hit targets.
A device developed by Fujitsu and others that uses artificial intelligence technology to judge the fat content of frozen albacore tuna, on Wednesday in the city of Kawasaki, Kanagawa Prefecture
BUSINESS / Companies
Apr 10, 2025

Fujitsu and others use AI to evaluate tuna's fattiness

The device is expected to help expand the distribution of albacore tuna that can be eaten raw.
Japan needs a strong leader as it faces huge challenges. With Upper House and Tokyo gubernatorial elections coming up, the LDP needs to lay the groundwork for replacing Prime Minister Shigeru Ishiba, whose polls have entered the danger zone.
COMMENTARY / Japan
Apr 9, 2025

The window to replace Japan's accidental prime minister is nigh

Shigeru Ishiba isn't the right leader to weather Japan through the incoming storm. With Upper House elections this summer, it's time the LDP starts fielding his replacement.
First responders near the landing skids of a helicopter after it crashed into the Hudson River, in Newport, New Jersey, on Thursday.
WORLD
Apr 11, 2025

Helicopter crashes into New York's Hudson River, all six aboard killed

The victims, the pilot and five passengers, were believed to include a family from Spain.
U.S. President Donald Trump attends a cabinet meeting at the White House in Washington on Thursday.
BUSINESS / Companies
Apr 11, 2025

Trump tariff pause leaves CEOs asking: What happens in 90 days?

Trump's tariff flip spurs a stock rally but sows deeper confusion for companies bracing for long-term trade fallout.
A trader works during the closing bell at the New York Stock Exchange (NYSE) on Thursday.
BUSINESS / Economy
Apr 11, 2025

Trump trade war with China revives recession and bear market fears

While announcing a 90-day tariff pause on dozens of countries, Trump ratcheted up tariffs on Chinese imports, raising them effectively to 145%.
Tokyo stocks tracked Wall Street lower as the United States and China hiked tariffs on imports from each other.
BUSINESS / Markets
Apr 11, 2025

Nikkei sinks as tariff-fueled selling resumes

An increase in U.S. levies on China to 145% has reignited concerns about the global economy and corporate profits.
Trading indexes at the New York Stock Exchange on Thursday. Bets worth millions of dollars placed on a rebound by unidentified options traders shortly before U.S. President Donald Trump's tariff pause are drawing scrutiny.
BUSINESS / Markets
Apr 11, 2025

Well-timed option trades ahead of Trump's tariff pause draw questions

Some unidentified options traders placed bets worth millions of dollars on a rebound minutes before the U.S. president's social media post sent the stock market rallying.
Berkshire Hathaway concluded a ¥90 billion ($628 million) bond deal on Friday, the smallest yen deal by investor Warren Buffett’s firm since it started tapping the Japanese market in 2019.
BUSINESS / Companies
Apr 11, 2025

Berkshire sells $628 million in yen bonds in smallest Japan deal

The move came despite sharp market volatility prompting several Japanese companies to cancel sales.
Fast Retailing Chairman and CEO Tadashi Yanai smiles during a news conference on Thursday in Tokyo's Minato Ward.
BUSINESS / Companies
Apr 11, 2025

Fast Retailing's first-half sales hit record high

The growth reflected strong domestic sales of Heattech heat-retention garments and down jackets.
Prime Minister Shigeru Ishiba gives instructions to Economic Revitalization Minister Ryosei Akazawa (third from left) and others at the Prime Minister's Office on Friday.
BUSINESS / Economy
Apr 11, 2025

Japan braces for talks on yen and BOJ in trade negotiations with U.S.

Ryosei Akazawa, who is heading the task force, is reportedly set to meet U.S. Treasury Secretary Scott Bessent next week.
The Osaka Prefectural Police headquarters in the city of Osaka
JAPAN / Crime & Legal
Apr 11, 2025

Japan Post employee arrested for mailing used condom to post office

According to the police, the envelope was addressed to a female employee working at the targeted branch.
Inter Miami's Lionel Messi celebrates after scoring against the Union during their game in Fort Lauderdale, Florida, on March 29.
SOCCER
Apr 11, 2025

MLS to open second phase of study to explore major overhaul of season

MLS currently plays from February to December but has been examining a plan to switch to start the campaign at the end of the summer and conclude in the spring.
Can anyone deal with Trump better than Ishiba?
Having had two meetings with U.S. President Donald Trump, Prime Minister Shigeru Ishiba is slowly building a personal relationship with him, which matters greatly to the U.S. president and in resolving bilateral issues.
Ishiba warns of divided world at futuristic Osaka Expo opening ceremony
The opening ceremony for the Osaka Expo on Saturday.
A trip to remember: Japan answers the demand for curated luxury travel
Shirakawa-go in Gifu Prefecture in 2017. Travel agencies catering to luxury tourists often include areas outside well-known cities such as Tokyo and Kyoto in their itineraries offered.
Can a World Expo still matter? Japan is about to find out.
Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Japan Post employee arrested for mailing used condom to post office
The Osaka Prefectural Police headquarters in the city of Osaka
Can a World Expo still matter? Japan is about to find out.
Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
A trip to remember: Japan answers the demand for curated luxury travel
Shirakawa-go in Gifu Prefecture in 2017. Travel agencies catering to luxury tourists often include areas outside well-known cities such as Tokyo and Kyoto in their itineraries offered.
Can anyone deal with Trump better than Ishiba?
Having had two meetings with U.S. President Donald Trump, Prime Minister Shigeru Ishiba is slowly building a personal relationship with him, which matters greatly to the U.S. president and in resolving bilateral issues.
After two years in top job, BOJ's Ueda faces his biggest challenge yet 
Bank of Japan Gov. Kazuo Ueda at a news conference in January. He has been in the top position for two years.
How police are cracking down on 'scout' sex broker groups
The skyline during sunset in Shinjuku, Tokyo. Japan's new underground criminal groups operate under a highly organized and brutal system.

Podcast

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

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.
By Tomoko Otake

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BOARDING & INTERNATIONAL SCHOOL DAY 2025 (Sunday, April 20)
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