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April 04, 2025
 

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TRADE

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.
Possible new sanctions on Russian oil highlight how Biden’s team is more willing to take risks in confronting Russia as it prepares to depart.
WORLD / Politics
Dec 11, 2024
U.S. mulls new Russia oil sanctions to weaken Putin ahead of Trump
The European Union is planning similar measures on Russia’s shadow fleet before the end of the year.
The French headquarters of Huawei Technologies in Boulogne-Billancourt near Paris in 2020. Companies that maintain business ties with Huawei could lose access to work for the Pentagon, which committed nearly $460 billion on contracts in fiscal 2023.
BUSINESS / Tech
Dec 10, 2024
Huawei suppliers to face further U.S. limits under defense bill
The bill's language effectively bars Pentagon contractors from selling chips and the equipment for making or designing them to Huawei or its affiliates.
Japan's current account surplus declined 13% in October from a year earlier to ¥2.46 trillion.
BUSINESS / Economy
Dec 9, 2024
Japan's current account surplus declined 13% in October
The country's trade deficit decreased to ¥155.7 billion from the year-before level of ¥487.4 billion.
Masato Kanda, former vice finance minister for international affairs, will start his role as Asian Development Bank's president in February.
BUSINESS / Economy
Dec 6, 2024
Incoming ADB chief Kanda keeping eye on U.S. policy as Trump return looms
Any changes in tariffs, taxes and immigration restrictions in the U.S. could have a major impact on Japan and other Asian economies, he notes.
The United States was Japan’s biggest export destination in 2023 with cars and auto parts making up a third of shipments.
JAPAN / Politics
Dec 6, 2024
Japan eyes talks with Trump that include cutting auto tariffs
Analysts say close personal ties between Trump and late Prime Minister Shinzo Abe played a role in smoothing out trade and diplomatic relations.
Mitsubishi has dismissed Gong Huayong, a Shanghai-based copper trader at one of its China units, after finding that he had made unauthorized trades with local companies, including some that were related to him.
BUSINESS / Companies
Dec 4, 2024
Mitsubishi loses $90 million in suspected China metal fraud
The company has dismissed a Shanghai-based copper trader after finding that he had made unauthorized trades with local companies.
The Internet Society of China has urged domestic companies to think carefully before procuring chips from the U.S.
WORLD / Politics
Dec 4, 2024
U.S. chips 'no longer safe,' Chinese industry bodies say in latest salvo
Their advice could affect U.S. chipmaking giants like Nvidia, AMD and Intel, which have managed to keep selling products in China despite export controls.
Beijing has banned the export of gallium, germanium and antimony to the U.S.
WORLD / Politics
Dec 4, 2024
China dials up U.S. trade tension with tit-for-tat metals export ban
The targeted metals are used in everything from semiconductors to satellites and night-vision goggles.
Teck Resources signage during the Prospectors & Developers Association of Canada conference in Toronto, Canada, on March 2, 2020
WORLD / Politics
Dec 4, 2024
Canada mining group uses China ban to push back on Trump's tariffs
Trade tensions with the U.S. are escalating after President-elect Donald Trump threatened to slap 25% tariffs on all goods coming from Canada and Mexico.
The goal of the administration of U.S. President Joe Biden, building on years of evolving trade restrictions, is to slow China’s domestic development of advanced semiconductors and artificial intelligence systems that may help its military.
BUSINESS / Tech
Dec 3, 2024
U.S. tightens curbs on China’s access to AI memory and chip tools
The new measures included exemptions for key allies such as Japan and the Netherlands.
Under new U.S. rules, chipmaking equipment made in Malaysia, Singapore, Israel, Taiwan and South Korea will be subject to curbs on exports to China, while the Netherlands and Japan will be exempt.
BUSINESS / Tech
Dec 2, 2024
Latest U.S. strike on China's chips hits semiconductor toolmakers
Equipment made in Malaysia, Singapore, Israel, Taiwan and South Korea will be subject to curbs on exports to China, while the Netherlands and Japan will be exempt.
Mexican President Claudia Sheinbaum delivers a speech during the inauguration of a family medicine unit in San Nicolas de los Garza, Nuevo Leon State, Mexico, on Saturday.
WORLD / Politics / FOCUS
Dec 1, 2024
Trump’s demand that Mexico stop migrants and drugs may never be met
Mexico's new leader must find ways to appease Trump while avoiding the perception that she easily bends to U.S. demands.
Canadian Prime Minister Justin Trudeau leaves the Delta Hotel on his way to meet U.S. President-elect Donald Trump at Mar-a-Lago, in West Palm Beach, Florida, on Friday.
WORLD / Politics
Nov 30, 2024
Canada’s Justin Trudeau holds crucial meeting with Trump in Florida
Trudeau was the first Group of Seven leader to have a face-to-face meeting with Trump since the U.S. election.
Then-U.S. President Donald Trump attends the Group of 20 summit in Osaka in June 2019.
EDITORIALS
Nov 29, 2024
Japan should prepare for tariff-loving Trump
U.S. President-elect Donald Trump's focus on tariffs as a core economic strategy could disrupt global trade.
Fentanyl pills found by officers from the Drug Enforcement Administration in New York on Oct. 4, 2022
WORLD / Politics
Nov 28, 2024
Trump places high-risk, high-reward bet on tariffs to stem fentanyl
The U.S. president-elect has vowed to impose tariffs on China and Mexico unless they stem the flow of fentanyl and migrants across the U.S. border.
Refining sources in Asia and analysts have said they expect to see more Canadian and Mexican oil heading to Asia if U.S. President-elect Donald Trump imposes planned tariffs.
BUSINESS / Markets
Nov 28, 2024
Asia likely to benefit from cheaper Canadian and Mexican oil if Trump imposes tariffs
Two sources familiar with Trump's plan say that oil would not be exempted from potential tariff hikes on imports from Canada and Mexico.
While the economic benefits of Nippon Steel's acquisition of U.S. Steel are clear, concerns remain about sustaining U.S. domestic steel production, preserving national security interests and addressing union concerns.
COMMENTARY / Japan
Nov 28, 2024
Nippon Steel endgame: Resistance or renaissance for the U.S. steel industry
The endgame for Nippon Steel’s bid for U.S. Steel appears near and the results could have a significant impact on U.S.-Japan relations, depending on the outcome.
A wafer on display at the Semicon China expo in Shanghai on March 20
WORLD / Politics
Nov 28, 2024
U.S. readies China chip curbs that stop short of earlier proposals
American chip equipment makers have warned that tougher measures would bring catastrophic harm to their business.
U.S. President Donald Trump holds a bilateral meeting with then-Prime Minister Shinzo Abe on the sidelines of the United Nations General Assembly in New York in September 2019. Tokyo may be forced to balance its priorities in the U.S. alliance with its economic reliance on China.
COMMENTARY / Japan
Nov 27, 2024
Trump's return heralds a new era of trade tensions for Japan
Tokyo faces a balancing act: aligning with Washington's priorities while maintaining its critical economic ties to China.
As ‘Buy Canadian’ grows, more U.S. firms say retailers turning away products
Empty shelves with "Buy Canadian Instead" signs are seen in the American Whiskey section of the BC Liquor in Vancouver, British Columbia, on March 10.
U.S. tourist arrested after bringing a handgun into Japan
Hyogo police believe the handgun a U.S. tourist inadvertently brought into Japan slipped through security procedures at Kansai International Airport in Osaka Prefecture.
Trump unveils 10% global tariff, with Japan levy set at 24%
Trump tosses a MAGA hat to the crowd during an event in which he unveiled new tariffs in the White House on Wednesday.
Meiji says sayonara to bottled milk, a staple of Japan's bathhouses
Meiji bottled milk lined up in a fridge at Kosugiyu, a bathhouse in Tokyo. The sticker urges patrons to enjoy the milk one last time before it’s gone.
Japan promises 'bold and speedy' response to Trump’s surprise 24% tariffs
U.S. President Donald Trump unveils new U.S. tariffs at the White House in Washington on Wednesday.
Haruki Murakami TV adaptation revisits 30 years of watershed moments
Though Haruki Murakami's trademark whiff of offbeat existentialism is threaded throughout NHK's "After the Quake," the final episode — conceived as a sequel to the story "Super-Frog Saves Tokyo" — is the most stylized, featuring an anthropomorphic talking frog (voiced by Non) and his erstwhile associate Katagiri (Koichi Sato).
A new human trafficking trend emerges from Myanmar scam centers
Victims of scam centers who were tricked or trafficked into working in Myanmar gather at a compound inside KK Park, a fraud center on the country's border with Thailand, after a multinational crackdown in February.
Meiji says sayonara to bottled milk, a staple of Japan's bathhouses
Meiji bottled milk lined up in a fridge at Kosugiyu, a bathhouse in Tokyo. The sticker urges patrons to enjoy the milk one last time before it’s gone.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
On defense, Japan may avoid Trump's worst impulses — for now
Defense Minister Gen Nakatani and U.S. Secretary of Defense Pete Hegseth chat after reviewing an honor guard during a welcome ceremony at the Defense Ministry in Tokyo on Sunday.

Podcast

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

Longform

Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone.
The last cleanup: Life and death in a lonely Japan
By Johan Brooks

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