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April 19, 2025
 

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Bank of Japan Gov. Kazuo Ueda
BUSINESS / Economy
Apr 16, 2025

Trump’s tariffs may spur policy response from BOJ, Sankei reports

Bank of Japan Gov. Kazuo Ueda's policy comments reinforce speculation that authorities aren’t likely to consider a near-term rate hike.
Australian Prime Minister Anthony Albanese, his partner Jodie Haydon and chairman and Board President of Tennis Australia, Jayne Hrdlicka, in the stands before the Australian Open final on Jan, 28, 2024
WORLD / Politics
Apr 16, 2025

Australian politicians gifted sports tickets while weighing betting ban

Labor Prime Minister Anthony Albanese had promised a crackdown on gambling advertising following a 2023 report by his government.
India's Akash missiles are displayed during a Republic Day parade in New Delhi in 2020.
WORLD / Politics
Apr 16, 2025

India carving niche as budget-friendly arms maker for Russia's past buyers

The effort aims to capitalize on a sourcing scramble since the outbreak of war in Ukraine by nations that had historically relied on Washington and Moscow for weapons.
Tokyo-based Keyaki Capital plans to introduce more private capital funds, including private equity, private credit, real estate and venture capital funds in the future.
BUSINESS / Companies
Apr 16, 2025

Keyaki Capital starts first Japan online private asset platform

The platform features an open-ended private credit fund currently distributed by Keyaki Capital.
Meta Platforms CEO Mark Zuckerberg departs after attending a Federal Trade Commission trial at a U.S. District Court in Washington on Tuesday.
BUSINESS / Tech
Apr 16, 2025

Zuckerberg defends strategy behind Instagram, WhatsApp deals

The Federal Trade Commission alleges the acquisitions of the two apps give Meta Platforms a social media monopoly, and is fighting to break up the company.
A crowd of tourists walks through Nishiki Market in Kyoto in March. The number of foreign visitors to Japan was 3.5 million last month, bringing the total through the first quarter to 10.54 million.
JAPAN
Apr 16, 2025

Japan crosses 10 million visitors mark at fastest ever pace

Arrivals of foreign visitors for business and leisure were 3.5 million last month, bringing the total through the first quarter to 10.54 million.
Economic revitalization minister Ryosei Akazawa, Japan's chief tariff negotiator, responds to a question at Haneda Airport in Tokyo ahead of his visit to the United States on Wednesday.
BUSINESS / Economy
Apr 16, 2025

Akazawa, Japan’s tariff czar, jets to Washington for mission impossible 

Tokyo realizes that achieving a satisfactory meeting of the minds with Washington will be a real challenge.
Under the Economic Security Promotion Act, the government implements a range of measures to secure vital supply chains, from providing subsidies and low-interest loans to coordinating regulations, stockpiling essential goods and protecting advanced technologies.
BUSINESS / Economy
Apr 16, 2025

METI may list undersea cables and satellites as critical for economic security

The move comes amid an increasingly uncertain geo-economic climate, with global powers becoming more protectionist.
Production of Honda’s five-door hybrid Civic is set to be relocated to the firm’s plant in Indiana in June or July.
BUSINESS
Apr 16, 2025

Honda to shift production of Civic from Japan to U.S. due to tariffs

Production of the five-door hybrid model will be relocated around June or July to Honda’s plant in Indiana.
Renault Chairman Jean-Dominique Senard speaks during a news conference in Boulogne-Billancourt, France, in December 2023.
BUSINESS
Apr 16, 2025

Renault chairman will leave Nissan’s board, sources say

The French company remains Nissan’s largest shareholder even as the carmakers gradually loosen their decades-long alliance.
Ryosei Akazawa, Japan's chief tariff negotiator, speaks to reporters in Washington on Wednesday.
BUSINESS / Economy
Apr 17, 2025

Japan and the U.S. begin tariff talks on good terms, but without breakthroughs

Prime Minister Shigeru Ishiba said there are still gaps between the respective stances of Japan and the U.S.
A reincarnated Chinese strategist (Osamu Mukai) finds himself in modern-day Japan and helps an up-and-coming pop singer win a music competition in “Ya Boy Kongming! The Movie.”
CULTURE / Film
Apr 17, 2025

‘Ya Boy Kongming! The Movie’: J-pop spectacle goes heavy on performances

Shuhei Shibue's film about the improbable musical career of a Chinese strategist reincarnated in modern-day Japan delivers J-pop high notes and history deep cuts.
A drone view shows a cargo ship at Kwai Tsing Container Terminals in Hong Kong on Wednesday.
BUSINESS / Economy
Apr 17, 2025

U.S. looks to box in China by recruiting other trading partners

Washington is set to ask nations to limit Beijing’s might when they negotiate tariffs.
Japan's exports measured by value gained 3.9% in March from a year earlier, slower than estimated.
BUSINESS / Economy
Apr 17, 2025

Japan’s exports rise at slower pace as Trump tariffs begin

The outlook for Japan's economy appears increasingly uncertain as Trump deepens his tariff campaign, prompting nations like China to retaliate.
Foreign tourists gather on a platform at Kyoto Station on Wednesday.
JAPAN / Society
Apr 17, 2025

Tokyo hotel operators face possible warnings over suspected price cartel

It is believed that information sharing among the hotels, such as occupancy rates and average room prices, may have influenced pricing.
Jerome Powell, chairman of the U.S. Federal Reserve, during an Economic Club of Chicago event in Chicago on Wednesday
BUSINESS
Apr 18, 2025

Trump mulls firing Fed chair Powell over rate policy dispute

Trump’s threat to oust Powell draws warnings from economists and aides about risks to markets and Fed credibility.
On the 28th floor of the Waldorf Astoria Osaka, the Peacock Lounge exemplifies the art deco decadence the brand has become synonymous with.
LIFE / Travel
Apr 19, 2025

Japan’s first Waldorf Astoria brings art deco luxury to Osaka

Stays at the Waldorf Astoria Osaka start at ¥150,000 per night, but this is no hotel to be pinching pennies.
Finance Minister Katsunobu Kato listens to a question during an interview at the Finance Ministry in Tokyo on Thursday.
BUSINESS / Economy
Apr 18, 2025

Japan's finance minister is 'deeply concerned' over impact of Trump's tariffs

The minister also voiced concern over volatile market moves that Trump's tariffs triggered, saying they could hurt Japan's economic recovery.
Container ships at the Port of Los Angeles on April 7. U.S. President Donald Trump has long argued that China’s dominant role in the maritime industry has made the U.S. overly dependent on the Asian nation.
BUSINESS
Apr 18, 2025

Trump moves to levy Chinese vessels in trade war shakeup

The proposal follows a monthslong investigation ordered by the Biden administration into whether Chinese shipbuilding threatens U.S. national security.
RBC BlueBay Asset Management has shifted to an overweight position in 30-year bonds, as it believes the Bank of Japan may not be in a hurry to raise rates.
BUSINESS / Markets
Apr 18, 2025

BlueBay piles into Japanese bonds, ditching bets on deeper fall

The firm has shifted to an overweight position in 30-year bonds over the past week as the U.S. trade war darkens the economic outlook.
Shares of Eli Lilly & Co. surged on the New York Stock Exchange on Thursday after early reports of its experimental weight-loss drug put in a par with market leader Ozempic. The stocks of the drug’s originator, Chugai Pharmaceutical Co., also saw an uptick.
BUSINESS / Companies
Apr 18, 2025

Weight-loss pill orforglipron shines in study, boosting Lilly and Chugai

Eli Lilly’s orforglipron pill, licensed from Chugai Pharmaceutical, could reshape the booming weight-loss drug market, early data shows.
Unsold bonds are also being covertly peddled at discounted prices, according to several market participants, including investors.
BUSINESS / Economy
Apr 18, 2025

Japanese municipal bond deals fail to sell as rate swings surge

This month’s heightened market volatility have also led to delays and cancellations of several Japanese corporate bond offerings.
Mazda will halt production of CX-50 sport utility vehicles destined for Canada at its Alabama plant effective May 12.
BUSINESS / Companies
Apr 18, 2025

Mazda to pause U.S. production of CX-50 cars destined for Canada

The Japanese automaker will halt production of CX-50 sport utility vehicles destined for Canada at its Alabama plant effective May 12.
The head of Godzilla, a Japanese monster movie character, is seen on a building of Toho Cinema in Tokyo. Toho is one tariff-defensive stock being recommended by brokers.
BUSINESS / Markets
Apr 18, 2025

Tokyo stock picker advises Trump-proofing portfolios with Godzilla-creator Toho

Investor sentiment may favor Japanese companies that continue to issue earnings forecasts, especially during this period of uncertainty and market volatility.
As the global trade war intensifies, the debt, the main investment for Japan’s life insurers, has seen wild swings along with its U.S. counterparts.
BUSINESS / Companies
Apr 18, 2025

Major Japan life insurer to pile into domestic super-long bonds

Investment decisions by Japan’s life insurers can move global markets, and Fukoku Mutual Life Insurance will be the first among its major peers to report such plans.
Ryosei Akazawa (third from right), Japan's tariffs negotiator, in a meeting with U.S. Secretary of the Treasury Scott Bessent (second from right) and other senior government officials on Wednesday in Washington
BUSINESS
Apr 18, 2025

Trump reiterates opposition to Nippon Steel’s purchase of U.S. Steel

Whether there is interplay between the tariff negotiations and the Nippon Steel-U.S. Steel deal has never been made clear.
People walk past an advertisement featuring Los Angeles Dodgers two-way star Shohei Ohtani outside Tokyo Dome on March 18.
BASEBALL / MLB
Apr 18, 2025

Nothing sells like Shohei Ohtani, MLB’s marketing megastar

The Los Angeles Dodgers two-way player is at the peak of his stardom, and brands are rushing to cash in with huge sponsorship deals.
U.S. Ambassador to Japan George Glass speaks to reporters on Friday in Tokyo just after he arrived at Haneda Airport.
JAPAN / Politics
Apr 18, 2025

New U.S. envoy arrives in Japan with focus on trade, defense and reining in China

Ambassador George Glass said Washington will aim to deepen cooperation with Tokyo on pushing back against China's economic and military moves.
The average price for 60 kilograms of unmilled rice in March stood at ¥25,876, down 2% from the previous month.
BUSINESS
Apr 18, 2025

Wholesaler rice prices in Japan see first drop in eight months

The average price for 60 kilograms of unmilled rice stood at ¥25,876, down 2% from the previous month but still up 68% from 2023 rice a year before.
In a first, Japan issues cease-and-desist order against Google
The Google logo is seen at the company's Bay View campus in Mountain View, California. Japanese authorities on Tuesday issued a cease-and-desist order to Google over an alleged violation of the country's anti-monopoly law.
Tokyo hotel operators face possible warnings over suspected price cartel
Foreign tourists gather on a platform at Kyoto Station on Wednesday.
Japan and the U.S. begin tariff talks on good terms, but without breakthroughs
Ryosei Akazawa, Japan's chief tariff negotiator, speaks to reporters in Washington on Wednesday.
Magnitude 5.0 earthquake jolts Nagano
A map showing the location of an earthquake that hit Nagano Prefecture on Friday evening, with the numbers indicating the seismic intensity on the shindo scale to 7.
Parts of Yamanote and Keihin-Tohoku lines to be suspended over weekend
Sections of the outer loop of Tokyo's Yamanote Line and the Keihin-Tohoku Line will be shut down all day Saturday, and from the start of service through around noon on Sunday.
Nothing sells like Shohei Ohtani, MLB’s marketing megastar
People walk past an advertisement featuring Los Angeles Dodgers two-way star Shohei Ohtani outside Tokyo Dome on March 18.
Tokyo stock picker advises Trump-proofing portfolios with Godzilla-creator Toho
The head of Godzilla, a Japanese monster movie character, is seen on a building of Toho Cinema in Tokyo. Toho is one tariff-defensive stock being recommended by brokers.
LDP and CDP lawmaker groups propose 0% consumption tax on food
A vegetable stand displays prices at a supermarket in Tokyo in 2023. Some lawmakers are proposing lowering the consumption tax on food to 0%, which is expected to result in a loss of up to ¥5 trillion in tax revenue annually.
Tokyo hotel operators face possible warnings over suspected price cartel
Foreign tourists gather on a platform at Kyoto Station on Wednesday.
Kyotographie 2025 opts for laughter and levity in the face of global strife
Palestinian American photographer Adam Rouhana’s exhibition at this year’s Kyotographie festival shows Palestinian life, not death and rubble.

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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