A Filipino soldier practices holding a weapon as part of annual US-Philippines joint military exercises held in April 2023.
Your Week in Asia

Philippine-U.S. drills, South Korea GDP, Beijing revives auto show

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

21 April 2024
A New Delhi auto show in February. India already surpassed Japan in domestic car sales in 2022. (Photo by Ryosuke Hanada)
Economy

India to surpass Japan as 4th-largest economy in 2025, IMF says

Latest estimate shows weak yen hastening reversal by a year

21 April 2024
Major Japanese banks are competing for a slice of inherited savings worth nearly 60 trillion yen that are expected to flow out of regional lenders over the next 30 years.
Datawatch

Japan's big cities become magnets for inherited rural savings

Trend leaves key regional 'shinkin' lenders in tight spot

20 April 2024
Dollar strength has become a monetary policy headache for Japan and other Asian economies.
Currencies

Squeezed by strong dollar, BOJ watches yen ahead of policy meeting

Ueda signals possibility of action if impact on inflation becomes too big to ignore

20 April 2024
Tokyo stocks lost 3.4% at one point in morning trading on April 19 as other Asian bourses also declined.
Markets

Asian stocks fall as concern over Middle East spurs selling

Nikkei and KOSPI down by 3%; yen strengthens, other currencies weaken

19 April 2024
Higher costs for raw materials are a major factor in Japan's sharper inflation in recent months, which remains above the Bank of Japan's 2% target. (Photo by Yutaka Miyaguchi)
Inflation

Japan's March inflation slows; BOJ cautions on yen weakness

Central bank chief hints at rate hike to contain inflation caused by weak yen

19 April 2024
Japanese Prime Minister Fumio Kishida has focused more on diplomacy with the Global South since the 2023 Group of Seven summit in Hiroshima. (Pool via Reuters)
International relations

Japan's Kishida to visit Brazil, Paraguay in overture to Global South

PM focused on building economic ties to counter Chinese and Russian influence

19 April 2024
Sojitz has signed a $290 million contract with Jakarta Mass Rapid Transit to extend the Indonesian capital's subway system. (Photo by Ken Kobayashi)
Transportation

Indonesia awards Jakarta MRT extension project to Japan's Sojitz

Trading house to work with India's L&T on the $290m construction

18 April 2024
Kyoto is a popular destination for foreign visitors to Japan, but overtourism has become an issue.
Travel & Leisure

Japan foreign tourists top 3m in March, fueling record spending boom

Travelers looking to capitalize on weak yen push up hotel and service prices

18 April 2024
A container terminal in Tokyo: Japan's total exports rose 7.3% on the year in March, reaching 9.46 trillion yen. (Photo by Hirofumi Yamamoto)
Trade

Japan's exports grow on semiconductor equipment sales to China

Overseas shipments rose 7.3%, while imports fell 4.9% in March

17 April 2024
Japan's recent GDP growth has been modest, but not far below that of Australia or the U.S.
Opinion

Japan's economic house is now in much better order

Out of the spotlight, country's relative performance has vastly improved

15 April 2024
Until now, the Japan Fair Trade Commission has fined companies 6% of their sales in related services under the current antimonopoly law.
Technology

Japan to raise fines for app store monopolies to 20% of sales

Proposed law aims to ensure Apple and Google open their platforms to third parties

15 April 2024
Indian Prime Minister Narendra Modi, center, wearing a saffron cap, on the election campaign trail near Delhi on April 6. He is aiming for a third-straight term as head of the world's biggest democracy.
Your Week in Asia

India votes, China GDP and Germany's Scholz meets Xi in Beijing

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

14 April 2024
A Dutch snowboarder pauses on a slope at a resort in Hakuba, Nagano. (Photo by Yui Usui)
Travel & Leisure

Japan's Hakuba resort tries to avoid skiing into Niseko's rut

Nagano village looks for tourism sweet spot that benefits locals

14 April 2024
A man stands outside a currency exchange bureau in downtown Nairobi, Kenya. Emerging economies around the world are feeling the pressure of a strong greenback.
Economy

From Indonesia to Japan, dollar's rising strength raises global alarm

G20 finance ministers likely to discuss issue as their currencies depreciate

14 April 2024
Japan looks to create a new legal category for midsize businesses to spur growth in key industries.
Datawatch

Japan lags South Korea and Taiwan in boosting midsize businesses

Rigid classification stands in the way of corporate growth

13 April 2024
Eiji Kawai, president of Seria, is resisting pressure to raise prices. (Photo by Naoaki Murakami)
Business trends

Japanese 100-yen shop president says penny-pinching mindset persists

Seria maintains a strategy of one low price despite weak yen and cost hikes

11 April 2024
The collapse of the Francis Scott Key Bridge in late March has significantly affected exports out of the Port of Baltimore.
Supply Chain

U.S. coal exports take hit after Baltimore bridge collapse: EIA

Japan the top importer of steelmaking coal from the port

11 April 2024
Tokyo has set a goal of boosting foreign direct investment in Japan to 100 trillion yen by the end of 2030. (Photo by Konosuke Urata)
Japan immigration

Japan targets India and Southeast Asia to recruit tech workers

Residency system under review as Tokyo hopes to attract more foreign investment

11 April 2024
Japan has decided to spend nearly $26 billion over three years to support the domestic semiconductor industry. (Photo by Nikkei)
Semiconductors

Japan outspends U.S., Germany on chip subsidies as share of GDP

0.71% figure is highest, even as America provides more support in value terms

10 April 2024
A container terminal in Tokyo: Japan's exports fell 0.8% in February from the previous month, according to the Japan Center for Economic Research. (Photo by Konosuke Urata)
Economy

Japan's GDP down annualized 0.8% in February: JCER

Economy shrank for second straight month, led by decline in auto shipments

9 April 2024
Microsoft, Google and Amazon are among the companies stepping up their investments in data centers in Japan. (Source photos by Reuters and Microsoft)
Companies

Microsoft to invest $2.9bn in Japan data centers amid AI boom

Move comes in response to push for 'data sovereignty' among governments

9 April 2024
The flags of the U.S. and Japan fly in front of the White House ahead of Japanese Prime Minister Fumio Kishida's visit.
International relations

Japan's Kishida and Biden to establish Indo-Pacific disaster relief hub

Japanese prime minister arrives in Washington for official visit

9 April 2024
With Expo 2025 in Osaka just over a year away, organizers face a host of issues, including a construction logjam. As of March 28, work on only 12 of about 50 country pavilions had begun. (Source photos by Yo Inoue)
Asia Insight

Japan's Expo 2025: Osaka triumph or billion-dollar folly?

World fair site on 'Dream Island' mired in construction delays and doubling of costs

9 April 2024