One Japanese client of Amazon Web Services says: "A dollar at the 150 yen level was unexpected. ... We need something done about it."
Technology

Yen's fall highlights Japan's overreliance on overseas tech giants

Companies paying more for cloud services to Amazon and others

12 May 2024
Craftswomen's network Link exhibits their works at an exhibition of traditional crafts in Nagoya, in central Japan, on April 27. (Photo by Yuki Kohara)
Work

Japan's traditional crafts see ray of hope in tourists, craftswomen

Despite global recognition, industry fears 40% fall in people taking up trade

12 May 2024
Many market watchers believe Japan intervened to shore up the weak yen last week.
Currencies

Japan seen earning $13bn from suspected yen interventions

Realized gains on dollar assets could boost surplus tapped for budget

10 May 2024
Toyota Motor doubled net profit in the previous fiscal year.
Business trends

Japan manufacturers score record profits on price hikes, weak yen

Earnings expected to help buoy wages and hiring, especially at smaller suppliers

10 May 2024
Japan's major trading houses are aiming to maintain high returns despite weaker commodity prices.
Business trends

Buffett-backed trading houses target double-digit ROEs, above Japan's average

Conglomerates announce dividend rises and share buybacks at earning conferences

9 May 2024
South Korean President Yoon Suk Yeol speaks at the Presidential Office in Seoul on May 9, pledging to make efforts to address rising food prices.
Politics

South Korea's Yoon calls for boosting ties with Japan and the U.S.

President announces new ministry to deal with birthrate 'national emergency'

9 May 2024
A woman tries to cool down in the Philippines in April 2024. People around Asia should expect more scorching weather as the year unfolds. 
Climate Change

Asia braces for more extreme weather like 2023, world's hottest year

Health fallout set to worsen as severe heat, dryness and rain have already hit region

6 May 2024
Japan's currency is coming off a last week's rollercoaster ride against the dollar. (Photo by Tomoki Mera)
Comment

What's ahead for the yen? After wild week, U.S. inflation watch resumes

American fiscal spending spree is an underlying factor in rising prices

6 May 2024
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Transportation

NIKKEI Film: In search of bus drivers

The 2024 problem: rushing work-style reform

5 May 2024
Japanese Prime Minister Fumio Kishida met with Brazilian President Luiz Inacio Lula da Silva in Brazil's capital on May 3.
International relations

Japan, Brazil agree to promote biofuels and hybrid vehicles

Kishida and Lula hope to cooperate more on trade and decarbonization

4 May 2024
The yen strengthened to the 151 level against the dollar, the highest since April 10.
Currencies

Yen surges against dollar, but weakness concerns remain

Finance minister declines comment on currency's level or suspected intervention earlier

4 May 2024
Bank of Japan data offers circumstantial evidence of possible government intervention in currency markets. (Photo by Mayumi Tsumita)
Currencies

BOJ data points to possible yen-buying intervention

Stokes speculation Japan stepped in to support its currency against the dollar

30 April 2024
Japan is aiming to push up real wages to eliminate the deflationary mindset from its economy. (Photo by Mayumi Tsumita)
Inflation

Weak yen stokes Japanese concern over strong rise in import prices

Higher costs could hit 'most vulnerable,' says top currency diplomat

30 April 2024
Currency authorities can either buy their home currency to strengthen it, or sell their home currency to weaken it. (Source photos by Nikkei)
Currencies

Yen's surge raises questions over intervention: 3 things to know

Japanese currency rebounds by around 5 to dollar after touching new 34-year low

30 April 2024
The yen's sharp rise after depreciating past 160 to the dollar spurred speculation that the Japanese government and Bank of Japan had intervened in the foreign exchange market.
Currencies

Yen strengthens sharply, triggering speculation of intervention

Japanese currency had fallen past 160 per dollar before rebounding

29 April 2024
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Natural disasters

NIKKEI Film: How people survived an earthquake in Japan

Examining the Noto tsunami through location data and personal accounts

28 April 2024
The yen hit a new 34-year low against the dollar on April 26. (Photo by Takaki Kashiwabara) 
Currencies

Yen tumbles past 158 against dollar on stubborn U.S. inflation

Japan's currency in intervention territory, but stepping in unlikely to work: Mizuho

27 April 2024
The decision to hold monetary policy steady came as the yen has fallen 9% against the dollar so far this year, hitting a 34-year low of 156. (Photo by Yutaka Miyaguchi)
Bank of Japan

BOJ stands pat, gives no hint of imminent tightening

Recent yen weakness has not stoked sustained inflation, governor says

26 April 2024
Sensoji temple is seen from Asakusa culture tourist information center in Tokyo on April 25.
26 April 2024
Russian Defense Minister Sergei Shoigu inspect drones with an entourage in Moscow. Drones and their components are considered dual-use items.
Defense

Japan sees 'transition phase' in dual-use military export controls

Ministry says changes in global environment require tougher measures

25 April 2024
New recruits at Japanese airline ANA gather for an entrance ceremony on April 1. Spurred by a shrinking population and social changes, young job hunters are becoming more selective than their parents could afford to be. (Photo by Sae Kamae)
The Big Story

Japanese companies navigate workplace revolution as job hunters get choosier

New generation of recruits value work-life balance and wages over lifetime employment and overtime

24 April 2024
In Japan, it is impossible to escape notice of the country's sliding currency. (Photo by Nanami Sato)
Opinion

Yen's decline will inevitably affect confidence in Japan's economy

End of quantitative easing would be vital step toward restoring normalcy

24 April 2024
Bank of Japan Gov. Kazuo Ueda will chair a two-day policy board meeting later this week, the first since the bank ended its negative interest rate policy in March. (Photo by Yumiko Oshima)
Bank of Japan

BOJ to discuss impact of yen's rapid slide at this week's policy meeting

Further rate hikes seen as unlikely as bank keeps close eye on inflation

24 April 2024
Hope Knight, president of Empire State Development, called on Japanese chipmakers to invest in the state of New York. (Photo by Yutaka Miyaguchi)
Semiconductors

New York woos Japan companies to join Micron in nascent chip hub

State economic development chief offers suppliers tax breaks and cheap clean energy

23 April 2024
A liquefied natural gas production site in the United Arab Emierates: Japan's Mitsui & Co., along with a state-owned Emirati company and European producers will develop a new LNG project in the UAE.
Energy

Mitsui & Co. set to take part in $7bn LNG project in UAE

New gas field expected to produce 10 million tonnes annually

23 April 2024