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June 09, 2025
 

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BUSINESS

Economy

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Japan's gross domestic product shrank at an annualized pace of 0.2% in the three months through March, the revised data showed, confirming the country's economy shrank even before U.S. President Donald Trump amped up tariff pressure in April.
BUSINESS / Economy
Japan confirms GDP contraction, backing BOJ’s cautious stance
GDP shrank at an annualized pace of 0.2% in the three months through March, a less severe drop than the initial estimate of a 0.7% decline.
BUSINESS / Economy
Japan won’t wait for G7 summit for possible U.S. trade deal
Trade discussions between Japan and the U.S. have "progressed” but have not yet reached a consensus on a deal to revisit sweeping U.S. tariffs, Tokyo's top negotiator said.
BUSINESS / Economy
Japan highlights wage hikes as cornerstone of economic growth strategy
Seeing wage hikes as a key part of its growth strategy, the government vowed to realize pay raises that exceed price increases in a stable way.
U.S. President Donald Trump meets with Chinese leader Xi Jinping at the Group of 20 summit in Osaka in June 2019.
BUSINESS / Economy / FOCUS
Jun 7, 2025
Xi bets Trump detente leads to future wins on chips and tariffs
The Chinese leader hopes for tangible wins in the weeks and months ahead, including tariff reductions, an easing of export controls and a generally more civil tone.
Ryosei Akazawa, Japan’s chief tariff negotiator, and U.S. Commerce Secretary Howard Lutnick held a 110-minute meeting on Thursday.
BUSINESS / Economy
Jun 6, 2025
In tariff talks with the U.S., Japan may have blinked
By Francis Tang
Tokyo is backing off from its insistence that all new tariffs be removed, according to a Friday report by the Asahi Shimbun.
The BOJ holds its next policy meeting on June 16-17, when the board is widely expected to keep the benchmark rate unchanged.
BUSINESS / Economy
Jun 6, 2025
Pressure mounts for Japan to adjust bond sales as soon as July
By Mia Glass and Masahiro Hidaka
The BOJ holds its next policy meeting on June 16-17, when the board is widely expected to keep the benchmark rate unchanged.
Japan's exports in terms of value dropped 3% in the first 20 days of May from the same period a year earlier, indicating the impact of U.S. tariffs.
BUSINESS / Economy
Jun 6, 2025
Japan’s early May exports drop as tariff woes upend commerce
By Yoshiaki Nohara
Exports measured by value dropped 3% in the first 20 days of May, which compared with a 2% rise for April.
Japan's household spending fell 0.1% from a year earlier in April, as the elevated cost of living weighs on consumer spending.
BUSINESS / Economy
Jun 6, 2025
April household spending drop deals blow to Japan's shrinking economy
By Toru Fujioka
Domestic demand will likely be a key factor in determining whether a technical recession can be avoided after the economy shrank in the first quarter.
A Mercedes-Benz production line in Rastatt, Germany, earlier this month. European auto suppliers alone have filed hundreds of requests to China for rare earths since early April, with only about a quarter granted.
BUSINESS / Economy
Jun 6, 2025
The world's auto supply chain is in the hands of a few Chinese bureaucrats
By Laurie Chen and Lewis Jackson
China holds a near-monopoly on rare earth magnets — a crucial component in EV motors — and it added them to an export control list in April.
Wages in Japan are falling on a real basis, in part because of rising food prices.
BUSINESS / Economy
Jun 5, 2025
Real wages in Japan fell 1.8% year on year in April
By Kazuaki Nagata
Inflation-adjusted pay has now fallen for four straight months.

Japan won’t wait for G7 summit for possible U.S. trade deal
Ryosei Akazawa, Japan's top negotiator in tariff talks with the U.S. speaks to reporters at the Japanese Embassy in Washington on Friday.
Japanese universities step up to help international students after Harvard ban
The Harry Elkins Widener Memorial Library at Harvard University. U.S. President Donald Trump has barred Harvard from accepting international students, prompting Japanese universities to offer support.
Japan eyes tougher rules for foreign residents and tax hike for tourists
A tax-free shop in Kyoto in April 2024. Last week, members of a Liberal Democratic Party study group drafted a proposal seeking to scrap the country's tax-free shopping system altogether.
Foreign tourists with unpaid medical bills in Japan to be denied entry
Prime Minister Shigeru Ishiba speaks during ministerial meeting meeting on foreign residents in Japan on Friday at the Prime Minister's Office.
Victims mourned 17 years after Akihabara indiscriminate attack
A mourner prays for the victims of an indiscriminate fatal attack on a street of Tokyo's Akihabara area on the 17th anniversary of the incident on Sunday.
What can Kenji Yanobe’s cosmic cats teach us about humanity?
Kenji Yanobe’s spacesuited cats are the main characters of “Ship’s Cat Island,” the inaugural exhibition at Hyper Museum Hanno in Saitama Prefecture.
From ridicule to redemption: Rice crisis returns Koizumi to the spotlight
Agriculture minister Shinjiro Koizumi speaks to the media as he inspects a warehouse storing stockpiled rice in Kanagawa Prefecture on May 30.
New Naoshima museum bets on Asia, not the West
Detail of Takashi Murakami, “Rakuchu-Rakugai-zu Byobu: Iwasa Matabei RIP” (2023-25)
Japan’s prison reform focuses on rehabilitation
Justice Minister Keisuke Suzuki speaks to reporters in Tokyo on Friday. Suzuki said preparations for the changes that will focus more on rehabilitation are being actively made at each correctional facility.
Accidents raise concern over how Japan vets foreign drivers
Keita Ueno (right), the owner of Kiki Driving School and an instructor who supports both foreign nationals and Japanese citizens returning from abroad in getting their foreign driver’s licenses converted, is worried about the current lax system for the process.

Podcast

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

Longform

After the asset-price bubble crash of the early 1990s, employment at a Japanese company was no longer necessarily for life. As a result, a new generation is less willing to endure a toxic work culture —life’s too short, after all.
How Japan's youth are slowly changing the country's work ethic
By Alex K.T. Martin

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Ishii Iron Works remakes self for workers, new energy

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