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April 07, 2025
 

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TRADE

Australian Foreign Minister Penny Wong
BUSINESS
Sep 3, 2024
Australia firms should invest in Southeast Asia, foreign minister says
Southeast Asia is expected to be the world’s fourth-largest economy by 2040 with an expanding population.
A Samsung high-bandwidth memory chip. South Korea is among a handful of semiconductor powerhouses that face a potential U.S. ban on exports to China of state-of-the-art chips, including high-bandwidth memory, used to train artificial intelligence.
BUSINESS / Tech
Sep 2, 2024
South Korea wants U.S. ‘carrots’ for embracing China chip curbs
South Korean trade minister says incentives ‘would help U.S. policy be embraced more easily.’
Nippon Steel Vice Chairman Takahiro Mori
BUSINESS / Companies
Aug 30, 2024
Nippon Steel, peers urge Tokyo to curb steel imports from China
China's steel exports rose 24% to 53.4 million tons in the first half of 2024, on track for 100 million tons for the year.
There is a significant divide between security experts, who emphasize the unquantifiable risks of geopolitical instability, and economists, who focus on the measurable costs of restructuring supply chains.
COMMENTARY / World
Aug 28, 2024
Traditional economics fail the geopolitical test
The seemingly yawning gap between the views of the security specialists and the business and economics types is striking.
The Panama Canal is Panama’s biggest source of revenue, bringing in nearly $5 billion last year.
BUSINESS
Aug 28, 2024
Panama Canal eases limits that caused global shipping bottleneck
Last year’s El Nino caused a significant drop in rainfall and forced the canal to implement daily transit restrictions.
Tepco employees serve scallops at an event in Tokyo last month.
BUSINESS
Aug 25, 2024
Japan scallop exports shifting away from China dependence
The efforts led to increases in scallop exports to the United States and other markets, highlighting the scallop supply chain's shift away from China.
Seafood for sale at a market in Zhoushan, China. Beijng's import ban has fueled an aversion to seafood in general, creating a situation it hadn't anticipated.
BUSINESS
Aug 24, 2024
China keeps door firmly closed to Japanese seafood imports
Despite assurances of safety, Beijing continues to call water released from the crippled Fukushima plant "nuclear-contaminated water."
Friday's sanctions include measures against companies in China involved in shipping machine tools and microelectronics to Russia, according to the U.S. State Department.
WORLD / Politics
Aug 24, 2024
U.S. sanctions 400 entities aiding Russia's war — including Chinese firms
Friday's sanctions include measures against companies in China involved in shipping machine tools and microelectronics to Russia.
Masanobu Sakamoto (left), head of the National Federation of Fisheries Cooperative Associations, meets with industry minister Ken Saito (right) in Tokyo on Friday.
JAPAN / Society
Aug 23, 2024
Head of fishery group expresses industry's concern over import bans
Such bans by other countries in response to the release of treated water from the Fukushima nuclear plant leave the sector uncertain about its future, he says.
The ability of Xi Jinping's government to control China's industrial overcapacity crisis is limited, and stimulating domestic demand is difficult amid geopolitical tensions.
COMMENTARY / World
Aug 21, 2024
Xi’s supply-side panacea has lost its magic
China’s excess capacity problem will have to fester until even its industry leaders call it quits. That may be some years away.
Vehicles bound for shipment parked in front of the Lyra Leader vehicles carrier ship at the Nagoya Port in Nagoya. Japan's exports rose in July but shipment volumes extended their declines.
BUSINESS / Economy
Aug 21, 2024
Japan's July exports growth lags expectations as volumes fall again
Japanese exports rose 10.3% year-on-year in July, less than a median market forecast for an 11.4% increase.
Solar cell panels over the water surface of Sirindhorn Dam in Ubon Ratchathani, Thailand. Four countries in Southeast Asia including Thailand account for more than 40% of solar module production capacity outside of China.
BUSINESS / Markets
Aug 21, 2024
Southeast Asia’s solar boom threatened by U.S.-China trade tension
Chinese firms that set up shop in the region over the last decade are being accused of skirting U.S. import levies on their home market.
Berlin's growing military engagement with Indo-Pacific allies and partners is meant to signal that Germany "stands firmly at the side of those countries that are committed to complying with international law and do not accept it being called into question," German Navy chief Vice Adm. Kaack told The Japan Times.
JAPAN
Aug 20, 2024
Sea lane fears drive German military's Asian engagement, navy chief says
Developments in the Indo-Pacific, both economic and geopolitical, have direct implications for the security and prosperity of Germany, Vice Adm. Jan Christian Kaack says.
A tug boat assists a container ship to its berth in Long Beach, California, on June 17.
BUSINESS / Economy
Aug 19, 2024
Busiest U.S. ports absorb import surge nearing pandemic-era frenzy
The ports of Los Angeles and Long Beach, which account for roughly a third of all U.S. container imports, had their third-strongest month ever in July.
The Finance Ministry will apply foreign trade regulations to chipmaking equipment, requiring foreign investors to give prior notice when conducting direct investment in the sector.
BUSINESS
Aug 16, 2024
Japanese government tightens grip on chip supply-chain network
The move comes as Japan tries to revive its own capacity to produce semiconductors as a pillar of its economic security strategy.
The size of the carry trade strategy is hard to determine because currency transactions, unlike stock trades, aren't tracked on exchanges. We only have estimates.
COMMENTARY / Japan
Aug 14, 2024
How big is the yen carry trade, really?
There is now worry that the unwinding of yen-funded carry trades would wreck investors’ frothy exposures to U.S. technology and AI-related companies.
The Kremlin in Moscow on Monday
WORLD / Politics
Aug 13, 2024
Billions in dollar and euro notes reach Russia despite sanctions
Russia has managed to circumvent sanctions blocking cash imports, suggesting that dollars and euros remain useful tools for trade and travel.
An unmanned cargo aircraft developed by Sichuan Tengden Sci-tech Innovation takes part in a maiden flight at an airport in Zigong, Sichuan province, China, on Sunday.
BUSINESS / Tech
Aug 13, 2024
China test-flies biggest cargo drone as low-altitude economy takes off
China's civilian drone makers are testing larger payloads as the government pushes to build a low-altitude economy.
Prime Minister Fumio Kishida meets with Chinese leader Xi Jinping at a summit in Bangkok in November 2022. Despite Japan-China relations stagnating in recent years, Xi's administration presents some interesting opportunities for an overture between the two countries.
COMMENTARY / Japan / Geoeconomic Briefing
Aug 12, 2024
Will Japan and China’s relations continue to stagnate?
Japan and China have historically been at odds and relations have stagnated. This pattern can be broken by seizing the moment, one that offers some key opportunities.
Avocados hang off a tree at an orchard in Tancitaro, Michoacan state, Mexico
ENVIRONMENT / Sustainability
Aug 7, 2024
Avocado goldrush links U.S. companies with Mexico's deforestation disaster
The U.S. demand for avocados divides communities in Mexico, where it is both a driver of economic growth and a catalyst for environmental crises.
Nissan says it will not take new U.S. orders for Mexican-built Infiniti SUVs
A Nissan manufacturing complex in Aguascalientes, Mexico. Nissan says it will not take new orders from the United States for two Mexican-built Infiniti SUVs following new auto tariffs levied by the U.S.
Japan digs deep to address 'national crisis' caused by Trump tariffs
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.
'Hang tough, it won't be easy': Trump defiant on tariffs
U.S. President Donald Trump waves as he walks to deliver remarks on reciprocal tariffs during an event in the Rose Garden entitled "Make America Wealthy Again" at the White House in Washington on Wednesday.
Ishiba says he plans to speak to Trump about tariffs in coming days
Prime Minister Shigeru Ishiba speaks during a news conference at the Prime Minister's Office in Tokyo on Tuesday.
Nissan considers transferring some domestic production to U.S., report says
Nissan plans to reduce production at its Fukuoka factory and shift some manufacturing of its Rogue SUV to the United States to mitigate the impact of Trump's tariffs.
‘Let’s make it practical’: NATO chief eyes greater defense-industrial ties with Japan
NATO Secretary-General Mark Rutte plans to visit Japan on Tuesday and Wednesday — his first to the Indo-Pacific region since taking office in October, as he seeks to implement lessons from the ongoing war in Ukraine.
Tottori takes a bold leap forward in the arts
The city of Kurayoshi in Tottori Prefecture celebrated the opening of its public art museum with festivities such as a parade that drew 1,000 revelers.
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).
Nintendo to launch the Switch 2 on June 5
The controllers for the Switch 2 will attach to the console magnetically rather than sliding on rails as with the original device.
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.

Podcast

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

Longform

An ongoing shortage of rice has resulted in rising prices for Japan's main food staple.
Why Japan is running out of rice — and farmers to grow It
By Alex K.T. Martin

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