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April 15, 2025
 

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ECONOMY

Ride-sharing vehicles in Kiryu, Gunma Prefecture, in March
JAPAN / Society / FOCUS
Apr 15, 2025
One year in, ride-hailing in Japan has room for improvement
Japan has lagged in adopting ride-hailing services, largely due to opposition from the country's powerful taxi industry.
The Bank of Japan will likely postpone raising interest rates due to uncertainties stemming from U.S. tariff measures that could deal a blow to Japan’s economy, a former executive director said.
BUSINESS / Economy
Apr 15, 2025
BOJ will likely put rate hike aside for now, ex-official says
"They will be in a wait-and-see mode for a while,” said Kenzo Yamamoto, a former executive at the Bank of Japan.
While U.S. President Donald Trump has imposed new tariffs on nearly every country in the world, China is clearly his primary target.
COMMENTARY / World
Apr 14, 2025
How should Beijing respond to Trump’s tariffs?
Many are already comparing it to President Herbert Hoover’s 1930 Smoot-Hawley Tariff Act, which slashed global trade by 66% in five years and deepened the Great Depression.
U.S. President Donald Trump holds a chart next to Secretary of Commerce Howard Lutnick as Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington on April 2.
BUSINESS / Economy
Apr 14, 2025
Trump warns tariffs are coming for electronics after reprieve
The American president downplayed a weekend exemption as a procedural step in his overall push to remake U.S. trade.
A pedestrian walks past an electronic board showing the morning numbers on the Tokyo Stock Exchange along a street in the Japanese capital on Friday.
BUSINESS / Markets
Apr 13, 2025
Punch drunk traders across Asia ready for another week of drama
Even though investors were fearful of events last weekend, the reaction in markets was more extreme than many countenanced.
The Liberal Democratic Party and Komeito are increasingly divided over economic measures to deal with inflation and U.S. tariffs.
JAPAN / Politics
Apr 12, 2025
Ruling coalition divided over consumption tax cut
While some are leaning toward a tax cut, LDP Secretary-General Hiroshi Moriyama and others are seeking a cash handout instead.
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%.
Constitutional Democratic Party of Japan leader Yoshihiko Noda speaks during a news conference Friday afternoon at the Diet building in Tokyo.
JAPAN / Politics
Apr 12, 2025
CDP kicks off discussions on cutting consumption tax
While party leader Yoshihiko Noda has been cautious, calls for a cut are growing within the party, especially in light of U.S. President Donald Trump's onerous tariff policies.
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 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."
A trader works on the floor of the New York Stock Exchange during afternoon trading on Wednesday in New York.
BUSINESS / Economy / ANALYSIS
Apr 12, 2025
Asset flight challenges U.S. safe haven status
The U.S. has long been considered a financial safe haven —but Trump's trade war is starting to raise questions about if that's still true.
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 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.
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.
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.
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.
U.S. Treasury Secretary Scott Bessent speaks outside the White House in Washington on Wednesday. Bessent appears to have taken a larger role in articulating U.S. President Donald Trump's trade policies to financial markets.
BUSINESS / Economy
Apr 11, 2025
Amid turmoil over tariffs, Bessent rises in Trump trade world
Multiple sources close to the White House said the former hedge fund manager was giving the U.S. president the best counsel among a team of advisers on trade.
Environmental, social and governance funds are increasingly looking to Japan, as efforts to boost diversity are coming amid a regulatory and government push for better corporate governance.
BUSINESS / Companies
Apr 11, 2025
Trump’s DEI rollback gives Japan a chance to draw ESG inflows
Japanese firms have long lagged behind their Western peers on gender equality, but the U.S. crackdown on diversity may give them a chance to shine.
U.S. President Donald Trump's abrupt U-turn on his tariff measures has been met with a mix of relief and bewilderment.
BUSINESS / Economy
Apr 11, 2025
U.S. allies greet Trump’s tariff U-turn with relief and defiance
As governments try to divine what would convince Trump to grant permanent waivers, his new willingness to reverse course inserts another layer of uncertainty.
The greenback’s share of global reserves dropped to 58% last year from over 70% two decades ago, reflecting its declining dominance in international trade and finance.
COMMENTARY / World
Apr 11, 2025
Why buy the dollar if the U.S. becomes an economic island?
The greenback’s share of global reserves dropped to 58% last year from over 70% two decades ago, reflecting its declining dominance in international trade and finance.
A new tour of Tokyo’s most underground attraction
When you stare into the abyss at the bottom of the No. 3 shaft of the Metropolitan Area Outer Underground Discharge Channel, the abyss stares back.
China halts critical rare earth exports as trade war intensifies
Workers transport soil containing rare earth elements for export at a port in Lianyungang, in China's Jiangsu province, in October 2010.
'Chikan' incidents rise as Japan grapples with mental health and cultural challenges
Overcrowded trains and a lack of legal consequences for groping in Japan have led to a rise in "chikan," or groping, which has been linked to a mental condition and compounded by cultural stigmas.
Japan doesn’t plan to use U.S. Treasurys as tariff talk leverage
Liberal Democratic Party policy chief Itsunori Onodera speaks at LDP headquarters in Tokyo last October.
Osaka Expo throws open its doors as mega-event kicks off
People visit the Osaka Expo on the first day it opened to the public, in the city of Osaka on Sunday.
Japan’s population shrinks for the 14th consecutive year
Japan’s population has been falling year on year since 2011 after peaking in 2008.
A new tour of Tokyo’s most underground attraction
When you stare into the abyss at the bottom of the No. 3 shaft of the Metropolitan Area Outer Underground Discharge Channel, the abyss stares back.
Two-thirds of fourth to sixth graders in Japan use social media, survey finds
The survey showed that more children are starting to use social media at an earlier age.
Osaka Expo-bound? Take your pick of the city’s new luxury hotels.
The Four Seasons Hotel Osaka opened in 2024, just one of many new luxury accommodations the city boasts ahead of the 2025 World Expo.
Heaven from hells: The sulfuric pleasure of Unzen Onsen
While Unzen Onsen's "hells" can be visually striking, locals describe them and their effects as "a source of emotional healing."

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

SUSTAINABLE JAPAN

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

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