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April 11, 2025
 

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JAPANESE ECONOMY

Bank of Japan Gov. Kazuo Ueda at a press 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 readies task force for U.S. trade talks as tariff risks cloud economy
Ryosei Akazawa, who is heading the task force, said he hopes to meet his counterpart, U.S. Treasury Secretary Scott Bessent, as soon as possible.
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 over 1,800 points 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.
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.
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.
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.
Japan posted a surplus in the current account balance for the first time in two months, mainly as the trade balance turned into a surplus.
BUSINESS / Economy
Apr 8, 2025
Japan's current account surplus hits record high in February
The country posted a surplus in the current account balance, mainly as the trade balance turned into a surplus.
Japan is facing challenges with Donald Trump's new tariffs and is considering increased purchases of U.S. goods, negotiating tariff reductions and expanding auto production in the U.S. to reduce the trade deficit and avoid further economic tension.
COMMENTARY / Japan
Apr 8, 2025
What is Japan's play on Trump's tariffs?
Japan had expected some consideration for being the largest source of foreign direct investment in the U.S. from 2019 to 2024, with total investment of around $860 billion.
Kwai Chung container ports in Hong Kong earlier this month
BUSINESS / Markets
Apr 7, 2025
East Asia tries a mix of measures to counter U.S. tariffs as markets suffer
U.S. President Donald Trump last week announced a raft of tariffs, with almost every country affected.
Prime Minister Shigeru Ishiba said Japan does not intend to seek direct confrontation with the U.S. over the newly levied tariffs, during a parliamentary committee session in Tokyo on Monday.
BUSINESS / Economy
Apr 7, 2025
Japan to avoid direct confrontation with the U.S. over Trump tariffs
The Japanese prime minister is calling for a more diplomatic and fact-based approach, in part by examining U.S. allegations about trade barriers.
In a reflection of persistent price pressure, real wages declined for a second straight month in February, falling 1.2% from a year earlier.
BUSINESS / Economy
Apr 7, 2025
Japan’s nominal wages rise in bright spot as outlook darkens
Nominal cash earnings for workers climbed 3.1% in February from a year earlier, with the pace accelerating from a revised 1.8% in January, the labor ministry said Monday.
Leaders of ruling and opposition political parties meet Friday at the Diet building in Tokyo.
JAPAN / Politics
Apr 6, 2025
Calls for consumption tax cut increasing in Japan
With food and other prices still rising, even ruling party officials have started to demand consumption tax cuts as a key policy for this summer's elections.
Prime Minister Shigeru Ishiba speaks during a news conference at the Prime Minister's Office in Tokyo on Tuesday.
JAPAN / Politics
Apr 5, 2025
Ishiba says he plans to speak to Trump about tariffs in coming days
Prime Minister Shigeru Ishiba said that these talks could see Japan offer a fresh investment package, though he ruled out a small, piecemeal deal.
Momoka Matsui and her co-worker Saki Matsumoto take photos of acrylic stand figure models of their favorite idols with cakes and teas, which they ordered at a Tokyo cafe where Matsui’s favorite boy band stopped by.
LIFE / Lifestyle
Apr 5, 2025
Can Japan's take on fandom help drive spending?
The explosion of "oshikatsu" (supporting favored celebrities or characters), which entered the mainstream during the pandemic, has economists and the Bank of Japan taking note.
Prime Minister Shigeru Ishiba speaks during a news conference at the Prime Minister's Office on April 1. He has said that Japan is facing a "national crisis" following the introduction of new tariffs by the United States.
BUSINESS / Economy
Apr 4, 2025
Japan digs deep to address 'national crisis' caused by Trump tariffs
Prime Minister Shigeru Ishiba vows to "unite the entire country" in response to the crisis.
Taiwan Semiconductor Manufacturing Co.'s JASM plant in Kumamoto Prefecture. Ensuring stability in the semiconductor supply chain is a matter of national security and must be based on cooperation between the government and private sector.
COMMENTARY / Japan / Geoeconomic Briefing
Apr 4, 2025
Identifying choke points in the semiconductor supply chain
Addressing bottlenecks in chipmaking is essential for Japan's economic security and requires public-private collaboration, including aimed at information sharing.
Household outlays declined 0.5% in February from a year earlier, led by falling outlays on clothes and footwear, housing and food.
BUSINESS / Economy
Apr 4, 2025
Japan’s household spending drops for first time in three months
The drop, ahead of sweeping tariffs announced by the U.S., was led by falling outlays on clothes and footwear, housing and food.
U.S. President Donald Trump unveils new U.S. tariffs at the White House in Washington on Wednesday.
BUSINESS / Economy
Apr 3, 2025
Japan promises 'bold and speedy' response to Trump’s surprise 24% tariffs
The duty rate for Japanese products is the "worst among the scenarios that had been imagined" by the market.
Seiji Adachi, a former member of the Bank of Japan's Policy Board, says there is a chance of a May rate hike.
BUSINESS / Economy
Apr 3, 2025
Ex-board member who just left BOJ sees chance of May rate hike
Seiji Adachi, whose five-year term ended last week, said he would probably vote for a rate hike in the central bank's May meeting if one was proposed.
New students of the University of Tokyo attend an entrance ceremony at the Budokan Hall in Tokyo in April 2023.
JAPAN
Apr 3, 2025
Half of college students in Japan worry about living costs
Some students have said they refrain from buying things more often than they have previously.
Takayasu’s latest heartbreak makes sumo history
Takayasu during the one-day Annual Sumo Tournament at the Ryogoku Kokugikan in Tokyo on Feb 9, 2020
Trump's tariff gambit leaves Asia stunned and scrambling
U.S. President Donald Trump speaks as he attends the National Republican Congressional Committee dinner in Washington on Tuesday. Trump allowed new tariffs — including a 24% levy on Japan — to go into effect as scheduled on Wednesday.
Tokyo cheers Trump’s tariff U-turn with second-biggest market gain ever
U.S. President Donald Trump looks on after signing an executive order in the Oval Office of the White House on Wednesday in Washington.
Banks freeze withdrawals for foreign nationals upon expiration of visas
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.
Japanese badminton ace Shida blasts 'stalker' Chinese fans
Chiharu Shida of Japan in action during the bronze medal match with Nami Matsuyama against Pearly Tan and Muralitharan Thinaah of Malaysia at the 2024 Olympic Games in Paris, France on Aug. 03, 2024
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.
Takayasu’s latest heartbreak makes sumo history
Takayasu during the one-day Annual Sumo Tournament at the Ryogoku Kokugikan in Tokyo on Feb 9, 2020
Who is Ryosei Akazawa, Japan's tariffs negotiator?
Economic revitalization minister Ryosei Akazawa, who Prime Minister Shigeru Ishiba has appointed Japan's tariff negotiator, is one of his closest allies and busiest ministers.
After a tumultuous buildup, a first look at the Osaka Expo
A large statue of Osaka Expo mascot Myaku Myaku sits near the east entrance of the event's venue in Yumeshima island, Osaka, on Wednesday.
Japan gets a new U.S. ambassador — and he has his work cut out for him
George Glass, U.S. President Donald Trump's pick to be ambassador to Japan, attends a Senate Foreign Relations Committee confirmation hearing in Washington on March 13.

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One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
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By Tomoko Otake

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