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December 22, 2024
 

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TRADE

A container ship transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City last August.
BUSINESS
Dec 22, 2024
Trump demands Panama lower transit fees or return canal
The U.S. completed the 82-kilometer canal through the Central American isthmus in 1914, but ceded it back to Panama in 1999.
Canadian Prime Minister Justin Trudeau during a Cabinet swearing-in ceremony on Friday in Ottawa
WORLD / Politics
Dec 21, 2024
Trudeau does major Cabinet reshuffle amid party pressure and Trump taunts
The reshuffle came at the end of a chaotic week in Ottawa spurred by the surprise resignation of Deputy Prime Minister Chrystia Freeland.
Sanjay Mehrotra, CEO of semiconductor company Micron, addresses Semicon India 2023, India’s annual semiconductor conference, held in Gandhinagar, Gujarat state. India is trying to boost domestic chip production, a strategic move for its industrial growth and economic security.
COMMENTARY / World
Dec 19, 2024
India’s budding chip industry: A cause for cautious optimism
Amid the global "chip war," India has entered the fray as it tries to become a semiconductor leader, a move welcomed by those diversifying supply chains away from China.
Canadian Prime Minister Justin Trudeau during the National Caucus holiday party in Ottawa, Ontario, Canada, on Tuesday
WORLD / Politics
Dec 19, 2024
Trudeau’s political crisis rips up playbook for trade fight with Trump
Canada's prime minister is now on the back foot after his finance minister resigned, a move that cast doubt on his preparation for a clash with the U.S.
Islamic Revolutionary Guard Corps (IRGC) Commander-in-Chief Maj. Gen. Hossein Salami reviews military equipment during an IRGC ground forces military drill in the Aras area, East Azerbaijan province, Iran, on Oct. 17, 2022.
WORLD / Politics
Dec 18, 2024
Iran's Revolutionary Guards extend control of oil exports, sources say
All aspects of the oil business have come under the growing influence of the Guards.
Honmoku pier in Yokohama. While the value of exports has risen, trade is giving limited support to the economy.
BUSINESS / Economy
Dec 18, 2024
Weak yen helps Japan’s exports rise ahead of BOJ meet
Exports measured in value rose 3.8% from a year earlier led by chipmaking machinery and nonferrous metals.
Vladyslav Vlasiuk, Ukraine's presidential adviser for sanctions policy, speaks to reporters in Tokyo on Tuesday.
JAPAN / Politics
Dec 18, 2024
Ukraine concerned over Japanese parts in Russian weapons
Vlasiuk submitted to Tokyo a list of Japan-made parts that were found in Russian and North Korean missiles and other weapons.
A Taiwan High Speed Rail bullet train arrives at Nangang Station in the city of Taipei.
BUSINESS
Dec 17, 2024
Taiwan’s bullet train a testament to shinkansen’s export potential
The line runs the length of Taiwan, over mountainous, unstable territory that makes the island a perfect test bed for the fast trains.
Russian and North Korean flags are attached to a car during a ceremony welcoming Russian President Vladimir Putin at an airport in Pyongyang on June 19.
WORLD / Politics
Dec 17, 2024
U.S. hits North Korea and Russia with new sanctions, Treasury says
The sanctions are the latest U.S. measure aimed at disrupting North Korea's support to Russia's war in Ukraine.
Businessman George Glass has been selected by U.S. President-elect Donald Trump to be the next ambassador to Japan.
JAPAN / Politics
Dec 17, 2024
Trump picks businessman George Glass as Japan ambassador
Glass, who served as ambassador to Portugal during Trump's first administration, is known as one of the biggest fundraisers for his reelection bid.
Mannequins are displayed inside a lingerie showroom at WeMet Industrial Park in the Guanyun county of Lianyungang, Jiangsu province, China, on Nov. 26.
BUSINESS / Economy
Dec 16, 2024
China's 'erotic clothing' capital braces for e-commerce crackdown
The development of the lingerie industry in eastern Guanyun county in China has exploded partly due to a U.S. tariff exemption likely to soon be curtailed or scrapped.
Houthi supporters hold a rally in Sanaa, Yemen, on Friday. A coordinated international military effort is needed to exploit Iran's weakened influence and neutralize the Houthi threat in Yemen.
COMMENTARY / World
Dec 16, 2024
The next Iranian proxy to target is the Houthis
A coordinated international military effort is needed to neutralize the Houthi threat in Yemen, which disrupts global shipping and exploits Iran's weakened influence.
An electric vehicle charging station in Baker, California. The Inflation Reduction Act has spurred investment in EVs and other green technologies across the U.S. and President-elect Donald Trump should continue Joe Biden's climate-related industrial policy.
COMMENTARY / World
Dec 16, 2024
Green tech and U.S.-China rivalry: Two sides of the same coin
The incoming president should improve, not undo, Biden's industrial policies, which have boosted investment in green technologies, a key economic battleground.
U.K. Ambassador to Japan Julia Longbottom holds a news conference on Friday in Tokyo ahead of Britain's entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
BUSINESS
Dec 15, 2024
Britain joins trans-Pacific pact in biggest post-Brexit trade deal
The accession means Britain will be able to apply CPTPP trade rules and lower tariffs with eight of the 11 existing members.
Containers at the Yangshan deepwater port in Shanghai earlier this year. A new trade war with the U.S. would still hurt China more as Washington can levy ever-larger import duties on its goods and further rip the Asian giant from its supply chains, analysts say.
BUSINESS / Economy
Dec 13, 2024
China eyes negotiations as Trump threatens new tariffs
Beijing is seeking to amass bargaining chips to kick off talks with a new U.S. administration on contentious aspects of its ties with Washington.
Akihisa Nagashima, national security adviser to Prime Minister Shigeru Ishiba, speaks during an interview in Tokyo on Thursday.
JAPAN / Politics
Dec 13, 2024
Japan must brace and prepare for Trump tariffs, top adviser says
"Japan must be prepared for Trump following through on his plans,” says Prime Minister Ishiba's national security adviser Akihisa Nagashima.
U.S. President-elect Donald Trump on the floor of the New York Stock Exchange as he takes part in the Wall Street bell ringing in Manhattan, on Thursday
BUSINESS / Economy
Dec 13, 2024
No winners seen in Trump’s ‘destructive’ energy tariffs
Tariffs threaten to be particularly troublesome for a North American energy industry that has been tightly integrated for decades and already favors U.S. interests.
A Toyota production line in New Jersey. The U.S. is a key market for Japanese automakers, who are closely monitoring policy changes in Washington as the incoming Trump administration is likely to change the course set by President Joe Biden.
COMMENTARY / Japan / Geoeconomic Briefing
Dec 12, 2024
Japan’s auto industry looks down the road to Trump presidency
Of the cars sold in the U.S., 40% are from Japanese makers, who are determined to hold onto this market share despite Washington's policy vagaries in the auto field.
A production line at Mazda's plant in Salamanca, Guanajuato state, Mexico
BUSINESS / Companies
Dec 12, 2024
Mazda’s Mexico investment to hinge on Trump’s tariff decisions
Mazda joins a growing number of auto firms that have either paused or signaled they may reconsider plans in the country.
Izumi Kobayashi, director of Mizuho Financial, Omron and ANA, speaks during the Reuters Next conference in New York on Tuesday.
BUSINESS
Dec 11, 2024
Mizuho director says companies should not overreact to Trump's tariff threats
It would be difficult for companies to withdraw from China given its mammoth size, said Izumi Kobayashi.
Freed anti-whaling campaigner Paul Watson arrives in France
U.S.-Canadian anti-whaling environmental activist Paul Watson, who was released from prison in Greenland's capital Nuuk after five months in detention, arrives with Lamya Essemlali, president of Sea Shepherd France, at Charles de Gaulle Airport in Roissy-en-France, near Paris, on Friday.
Nippon Steel alleges undue White House influence on doomed deal review
U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington on Dec. 10.
Record 78% of people in Japan feel anxious, government survey finds
The public opinion survey on people's lives, conducted by the Cabinet Office, found that 28.1% of respondents think that their standard of living is at a lower-middle level among the general public — the highest percentage to give that response in 35 years.
Police raided suspect's home to arrest him after fatal Kitakyushu stabbing
Broken window glass is seen at Masanori Hirabaru's house in Kitakyushu's Kokuraminami Ward.
Taiwan lawmakers brawl over bills that would 'damage democracy'
Lawmakers from the Democratic Progressive Party and opposition party Kuomintang brawl in parliament in Taipei on Friday.
Casual workouts, cool living, ‘complete’ food: Japan’s health trends of 2024
In 2024, efficiency trumped effort among Japan's fitness-focused aspirants.
The mighty Mekong River's growing plastic problem
A group of elephant keepers in Chiang Saen, Thailand, remove plastic waste from the Ruak River, a tributary of the Mekong River, as a pair of Asian elephants bathe behind them.
Japanese officials inspect Yokota Air Base over PFAS concerns
The Yokota Air Base in western Tokyo in September 2019. An inspection of the base by Japanese government officials on Friday came amid public pressure to investigate suspected links between the use of PFAS-containing firefighting foam by the U.S. base and contamination of soil and groundwater in western Tokyo.
Crime numbers rise in Japan for second straight year
A police officer stands in front of the residence of a man alleged to have stabbed two junior high school students in Kitakyushu.
A year of Oscar wins and a quiet push for diversity
Ryusuke Hamaguchi’s “Evil Does Not Exist,” released in Japanese theaters in April, sharply dramatizes the clash between rural and urban values. The film won five awards at the 2023 Venice Film Festival, including the second-place Silver Lion prize.

Podcast

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

Longform

Yasuyuki Yoshida stirs a brew in a fermentation tank at his brewery in Hakusan.
The quake that shook Noto's sake brewing tradition
By Alex K.T. Martin

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