Seafood at a market in Shanghai in August 2023. (Photo by Tomoko Wakasugi)
Trade

China has turned to South America since banning Japan seafood a year ago

Beijing adopted policy in response to release of wastewater from Fukushima plant

25 August 2024
University students today prefer to buy experiences such as concerts over tangible goods like cars and brand-name goods.
Datawatch

Japan university student spending nears bubble-era peak

Higher part-time job wages spur buying of experiences rather than goods

24 August 2024
Wagyu prices are slumping due mainly to feeble demand, but are still high for most consumers. (Photo by Hisashi Tsusui)
Agriculture

Wagyu beef's wholesale price falls to 4-year low as consumption slows

Exports to Asia, Europe and U.S. boom as farmers seek stable demand

24 August 2024
Participants in Japan's technical intern training program for foreign workers earned 26% less than Japanese nationals. (Photo by Rie Ishii)
Japan immigration

Foreign workers in Japan face 28% wage gap: government paper

Less experience and lack of flexibility to change jobs seen weighing on pay

24 August 2024
The market is keeping close tabs on Bank of Japan Gov. Kazuo Ueda's remarks. (Photo by Uichiro Kasai)
Bank of Japan

BOJ Gov. Ueda restates stance on policy normalization after market rout

Central banker scrutinized at parliamentary hearing on market messaging

23 August 2024
A temporary end of government subsidies for electricity and gas have pushed inflation higher. (Photo by Konosuke Urata) 
Inflation

Japan's inflation accelerates for third consecutive month in July

Core CPI gains 2.7% on temporary end of electricity and gas subsidies

23 August 2024
Demand for machine tools has been strong in China and North America, but has sputtered in Europe and Japan. (Photo by Takuro Hosoda)
Business trends

Japan machine tool orders rise in July on Chinese demand

Exports buoyed by Beijing's subsidies, offsetting weak home market

23 August 2024
A container terminal at the Port of Tokyo. (Photo by Nanami Sato)
Trade

Japan's exports grew in July on semiconductors and weak yen

Overseas shipments rose 10.3%; imports also up 16.6%

21 August 2024
Vietnam's new leader To Lam, a former police officer, was appointed Communist Party general secretary in August. 
Your Week in Asia

Japan-India 2+2, Thai GDP, Vietnam leader in China

Your weekly lineup of Asia's biggest business and political events

18 August 2024
Characters from the "Demon Slayer" anime at the Japan Parade in New York on May 11. The series has achieved much success outside its home market.
Media & Entertainment

Japan's anime exports poised to match chips and steel

Content can be developed into core industry that erases digital trade deficit

17 August 2024
Prime Minister Kishida announces that he will not run in the LDP presidential election in Tokyo on August 14. (Photo by Wataru Ito)
17 August 2024
Services along the Tokaido Shinkansen line between Tokyo and Nagoya have been suspended for all of Aug. 16. (Photo by Masashi Isawa)
Natural disasters

Powerful typhoon moves toward Tokyo, disrupting transit

JR Central suspends bullet train services between the capital and Nagoya

16 August 2024
Riccardo Puliti, the International Finance Corp.'s regional vice president for Asia and the Pacific, speaks to Nikkei Asia in Tokyo on Aug. 9. (Photo by Suzu Takahashi)
Climate Change

IFC's Asia-Pacific financing rose 15% to record in fiscal 2024

Development institution sees promising prospects for blue bonds in the region

16 August 2024
A policeman stands guard in front of  the headquarters of the ruling Liberal Democratic Party in Tokyo. The LDP will select a new leader next month.
Japan’s leadership race

Japan's ruling LDP to vote on Kishida successor: 5 things to know

With prime minister stepping down, how will party select his replacement?

15 August 2024
A barrier blocks access to a beach on Aug. 14 due to the Nankai Trough megaquake advisory. The alert impacted some tourism-related businesses during the summer holiday season. (Photo by Yo Inoue)
Natural disasters

Japan's megaquake alert ends amid no major new seismic activity

Weeklong advisory has been lifted, but government urges public to remain vigilant

15 August 2024
Japan's GDP expanded in the second quarter of this year following a contraction in the previous three months. (Photo by Yo Inoue)
Economy

Japan's Q2 GDP grows annualized 3.1% as consumption rises

Economy rebounds from revised 2.3% contraction in January-March quarter

15 August 2024
Fumio Kishida's plan to raise defense spending -- one of his signature initiatives -- was slated to be covered by tax hikes, but the government has yet to set a start date for them. (Photos by Shinya Sawai and Wataru Ito)
Japan’s leadership race

Japan's Kishida set to depart with defense, climate funding in question

PM's successor faces fitting birth rate, chip commitments into budget as well

15 August 2024
Japanese Prime Minister Fumio Kishida holds a news conference in Tokyo on Aug. 14 announcing that he will not seek reelection as Liberal Democratic Party president. (Photo by Wataru Ito)
Japan’s leadership race

Japan's Kishida to step down as PM after LDP picks new leader

Move to show 'new, changed' ruling party amid persistent low approval ratings

14 August 2024
For decades in Japan, "leaders" have been understood to be people, usually men, holding management positions at large corporations. (Photo by Satoko Kawasaki)
Opinion

Japan can tap seniors' know-how by redefining leadership

In an inclusive society, you're never too old to contribute

14 August 2024
Net profit is expected to fall 1% this fiscal year for companies on the Tokyo Stock Exchange's Prime market. (Photo by Mizuho Miyazaki)
Business trends

Japan Inc. projects 1% net profit dip on yen uptick and U.S. worries

Outlook for fiscal year improves slightly, but slump continues in autos and steel

14 August 2024
A soldier with the Japanese Ground Self-Defense Force takes part in a military drill on the uninhabited Irisuna island close to Okinawa, Japan, in November 2023.
Opinion

Japan must hedge currency risk to avoid defense funding crisis

Biggest military buildup since World War II at risk from fluctuating forex

13 August 2024
The market fluctuation comes as the government is encouraging more households to direct their cash and savings worth 1,050 trillion yen ($7.1 trillion) into stocks and mutual funds. (Source photos by Yo Inoue and Toshiki Sasazu)
Market Spotlight

Japan retail investors keep the faith in stocks despite historic volatility

Mom-and-pop investors are seen 'buying the dip' in domestic and global stocks

12 August 2024
Taliban fighters outside the Interior Ministry in Kabul in August 2021, after the militant group retook power in Afghanistan.
Your Week in Asia

Taliban takeover anniversary, Japan GDP, Greater China earnings

Your weekly lineup of Asia's biggest business and political events

11 August 2024
Bank of Japan Gov. Kazuo Ueda speaks at a press conference following a monetary policy meeting on July 31. (Photo by Yutaka Miyaguchi)
Opinion

BOJ still on hawkish track despite dovish bid to cool market turmoil

Central bank must improve communication, economy judgment and risk assessment

10 August 2024