Search - business

 
 
Sony and Nintendo might have to raise the prices of their game consoles, which are assembled mainly in China and are shipped to the United States.
BUSINESS / Companies
Apr 11, 2025

Nintendo Switch 2 and Sony PS5 likely to get price hikes due to tariffs

Pricing could come close to $590 for the soon-to-be-released Nintendo Switch 2 or Sony’s PS5 Astro Bot bundle.
Bank of Japan Gov. Kazuo Ueda at a news conference in January. He has been in the top position for two years.
BUSINESS / Economy
Apr 11, 2025

After two years in top job, BOJ's Ueda faces his biggest challenge yet 

Communication will be more crucial from now on, as the economic outlook will be more uncertain than ever because of the U.S. tariffs.
The Four Seasons Hotel Osaka opened in 2024, just one of many new luxury accommodations the city boasts ahead of the 2025 World Expo.
LIFE / Travel
Apr 12, 2025

Osaka Expo-bound? Take your pick of the city’s new luxury hotels.

Increased capacity makes lodging a buyer’s market, as intense competition keeps prices down and encourages hotels to differentiate themselves from the pack.
A working group of the Japan Securities Dealers Association is discussing a revision to the current set of recommendations in order to prevent fraud in online transactions.
BUSINESS / Companies
Apr 11, 2025

Japan brokerage body weighs tougher moves to fight phishing scams

The move underlines the spreading concern around the sharp rise in unauthorized trades at some of Japan’s largest brokerages.
A China Shipping cargo container at a port in Long Beach, California, on Thursday
BUSINESS
Apr 11, 2025

China slaps 125% tariffs on U.S. goods but will 'ignore' further hikes

The move further deepens a trade war between the world's two largest economies.
Hyde Park's famed Speakers' Corner in London, which some call the home of free speech, is a place where anyone has the right to turn up every Sunday and talk about whatever is dear to their heart.
COMMENTARY / World
Apr 10, 2025

Britain's free-speech retreat can't be denied

Britain's climate for free expression is deteriorating, as seen in aggressive police crackdowns on peaceful activists and dissenters across the political spectrum.
The Bank of Japan's headquarters in Tokyo
BUSINESS
Apr 11, 2025

Price expectations rise in Japan as tariffs cloud BOJ rate path

Households expect average annual inflation of 9.6% over the next five years, the highest since June 2006.
U.S. President Donald Trump waves as he steps off Air Force One at Palm Beach International Airport in Palm Beach, Florida, on Friday.
BUSINESS / Economy
Apr 12, 2025

Trump defends policy as White House says he's 'optimistic' on China deal

President Donald Trump has insisted that his tariff policy is "doing really well," with the White House saying that 15 countries have offers "on the table."
People shop in Bayonne, New Jersey, on Tuesday. U.S. President Donald Trump has upended the world economy with sweeping tariffs that have raised the specter of an international recession.
BUSINESS / Economy
Apr 12, 2025

U.S. economists say recession risk still high after Trump tariff pivot

Despite U.S. President Donald Trump's decision this week to delay tariffs on major trading partners, experts remain pessimistic about the economy.
The offices of Kirkland & Ellis in Manhattan, New York, last June. Five more prominent law firms facing potential punitive action by U.S. President Donald Trump reached deals on Friday with the White House to provide a total of $600 million in free legal services to causes supported by the president.
WORLD / Politics
Apr 12, 2025

Law firm targeted by Trump sues as five other top firms make deals

The lawsuit comes as five other firms offered costly concessions to avoid the president's crackdowns.
Cargo is uploaded onto a China-Europe freight train at the China-Kazakhstan (Lianyungang) Logistics Cooperation Base in Lianyungang, China, on Thursday.
BUSINESS / Economy / FOCUS
Apr 12, 2025

Jolted by Trump, EU woos new partners from Asia to Latin America

The EU has embarked on a charm offensive to diversify its alliances, with summits lined up back-to-back and trade talks launched in all directions.
U.S. President Donald Trump wants Apple to begin building iPhones in the United States. But Apple is unlikely to move production to the country in the foreseeable future for a variety of reasons.
BUSINESS / Tech / FOCUS
Apr 12, 2025

Why Trump’s dream of made-in-the-USA iPhones isn’t going to happen

Apple is unlikely to move production to the U.S. in the foreseeable future for a variety of reasons, including a shortage of facilities and labor.
Keith Kellogg
WORLD / Politics
Apr 12, 2025

Trump envoy suggests allied zones of control in Ukraine

The proposal focused on areas of responsibility west of the Dnipro River, with a demilitarized zone separating them from Russian-occupied areas in the east.
International Monetary Fund Managing Director Kristalina Georgieva and Argentinian President Javier Milei talk pose for a photo during a Group of Seven summit in Borgo Egnazia, Italy, last June.
BUSINESS / Economy
Apr 12, 2025

Argentina lands $20 billion IMF agreement and eases FX rules

Negotiations dragged on for months as stakes remain high for a successful program after the past two went off the rails in the crisis-prone nation.
Commuters walk past a fruit store at a shopping arcade in Kyoto earlier this year.
BUSINESS / Economy
Apr 12, 2025

Survey forecasts 12% rise in inflation in Japan over coming year

Of those surveyed, 86.7% said that prices are likely to be higher in a year's time, up from 85.7%.
The Bundeswehr booth at the Hannover Messe 2025 trade fair in Hannover, Germany, on March 31.
WORLD / FOCUS
Apr 12, 2025

Germany wants to be a military powerhouse. Can it pull it off?

Achieving this may be easier said than done. Germany’s defense and national security apparatus is fragmented and encumbered by bureaucracy.

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.