The yen reached its strongest level in roughly two months on July 24.
Currencies

Yen gets reprieve as investors see closing gap in Japan, U.S. rates

Speculators unwind yen shorts ahead of Fed and BOJ policy meetings

25 July 2024
The minimum wage increase follows historic pay rises by private companies in this year's spring wage talks. 
Society

Japan government panel OKs sharpest minimum wage rise amid inflation

50 yen hike increases hourly rate to record 1,054 yen

24 July 2024
People cross a street in Tokyo's Shinjuku area in July. Japan's overall population is declining but the number of foreign residents is on the rise. (Photo by Mayumi Tsumita)
Japan immigration

Japan's foreign resident population exceeds 3 million for first time

Nationwide increase contrasts with continuing drop in number of citizens

24 July 2024
Isuzu Motors introduces the Elf Mio diesel model on July 24 in Tokyo. (Photo by Yuichi Shiga)
Automobiles

Isuzu adds 'truck for anyone' model to meet Japan driver shortage

Lighter body allows operation without large-vehicle license

24 July 2024
The Honda Elevate goes on display in New Delhi, India, on June 6, 2023. The model was later introduced to Japan as the WR-V.
Automobiles

Honda's made-in-India SUV grabs Japanese drivers with low price

Japanese brand beats Mercedes-Benz and BMW in importing vehicles in April and May

24 July 2024
A Nippn factory in Thailand. Vietnam is the third Southeast Asian market Nippn is entering following Thailand and Indonesia. (Nippn)
Food & Beverage

Vietnam draws investment from Japan flour miller Nippn

Company looks to double overseas revenue in 3 years

24 July 2024
Japanese, British and Italian defense ministers met in London to discuss their nations' joint fighter jet development program.
Defense

Japan, Britain, Italy agree to advance fighter jet co-development

Meeting comes after report that the U.K. was reconsidering the project

24 July 2024
Canadian Foreign Minister Melanie Joly told Nikkei that Ottawa wants to be "as close to Japan as we are from the U.K., from Germany and France." (Photo by Takuya Fujisawa)
Interview

Canada wants to 'challenge, cooperate' with China, top diplomat says

Melanie Joly urges pragmatic approach, balanced by ties with Japan and South Korea

24 July 2024
Mitsubishi Motors underperformed market forecasts for net profit in the April-June quarter.
Automobiles

Mitsubishi Motors suffers 39% profit drop on weak Asia shipments

Automaker eyes earnings recovery in coming quarters as retail demand rebounds

23 July 2024
A steel plant in Shanghai operated by Baoshan Iron & Steel. Nippon Steel has concluded that the U.S. and India offer more promising investment opportunities than China. (Photo by Tomoko Wakasugi)
Business deals

Nippon Steel to end 20-year joint venture with China's Baosteel

Japanese firm to cut production capacity in China by 70% amid EV shift

23 July 2024
Japan's stock market hit a record high in February and has since gone higher after a 34-year wait.
Opinion

Japan's corporate governance reforms show way for China, South Korea

But oversight remains an area of weakness compared to Europe and the U.S.

23 July 2024
Companies hold around 10% of Japanese stocks, less than one-fifth as much as in the bubble era, according to the Nomura Institute of Capital Markets Research. (Photo by Yuki Kohara)
Equities

Japan Inc. speeds unwinding of cross-held shares amid rally

Planned consolidation of Topix based on free float encourages stock sales

23 July 2024
Asahi Group Holdings President Atsushi Katsuki said the brewer currently has no major deals in the pipeline in Australia. (Photo by Rurika Imahashi)
Food & Beverage

Japanese brewer Asahi taps Australia for growth

5 years after Carlton & United deal, beverage maker shifts focus beyond beer

23 July 2024
Heeding an international warrant issued by Japan, Greenland has arrested Paul Watson of the Sea Shepherd Conservation.
Environment

Anti-whaling activist detained in Greenland at Japan's request

Denmark to decide if there are grounds for extradition, Greenland police say

23 July 2024
JAL looks to capture growing air travel demand from Southeast Asia to offset a declining market in Japan. (Photo by Yo Inoue)
Transportation

Japan Airlines, Indonesia's Garuda to launch revenue-sharing venture

Airlines build on code-share deal with eye on growing Southeast Asia market

23 July 2024
Japan and China have been ramping up communication since their leaders held a meeting in November. (Source photos by Nikkei)
International relations

Japan and China resume strategic dialogue after 4 years

Neighbors focus on shared interests ahead of U.S., Japan elections

23 July 2024
U.S. President Joe Biden, right, and Japanese Prime Minister Fumio Kishida at the White House in Washington on April 10.
U.S. elections 2024

Biden's exit from race throws U.S.-Japan alliance into uncertainty

Months of lame-duck presidency could amplify China, Russia risks

23 July 2024
Yokohama Rubber aims to boost its lineup of nonagricultural tires. (Photo by Yuki Nakao)
Business deals

Goodyear to sell off-the-road tire business to Yokohama Rubber for $905m

Japanese company bolsters lineup for mining and construction industries

22 July 2024
Kobayashi Pharmaceutical's red yeast rice supplement is suspected of being linked to more than 80 deaths.
Companies

Kobayashi Pharma leaders to resign over supplement scandal

Japanese drugmaker's product potentially linked to deaths and health problems

22 July 2024
As the industry struggles to keep packing more power into smaller chips, equipment and materials suppliers would have an easier time coming up with unique solutions if the supply chain wasn't so "balkanized," the president of the Japan office of SEMI says. (Photo courtesy of SEMI Japan)
Semiconductors

Chip industry needs more unified packaging approach, SEMI says

Japan's Jim Hamajima says lack of shared standards is hindering capacity expansion

22 July 2024
Major Projects Foundation conducts fieldwork on sunken vessels in Chuuk Lagoon in the Federated States of Micronesia in May. (Major Projects Foundation)
Environment

Pacific nations urge Japan to clean up WWII shipwrecks

Oil leaks put coral reefs, mangroves and fisheries at risk, researcher warns

22 July 2024
A320 series planes are the top sellers for Airbus. (Photo taken from the Airbus website)
Aerospace & Defense Industries

Mitsubishi Heavy to supply parts for Airbus passenger aircraft

Japanese company moves to reduce reliance on trouble-plagued Boeing

22 July 2024
Nidec's water-cooling modules regulate AI server temperatures better than fans. (Photo by Kosaku Mimura)
Electronics

Nidec spurs pivot to AI cooling with China, Philippines production

Japanese motor maker to expand from Thai base in bid to grow profits

22 July 2024
French architects Melanie Heresbach and Sebastien Renauld made this old farmhouse in Kyoto their home. (Photo by Akira Takemura)
Life

Searching Japan's abandoned houses for the ultimate fixer-upper

Foreigners are preserving old architecture -- and even taking it home

21 July 2024
Sony Picture Entertainment's event in May in Los Angeles brought together more than 200 streaming service providers and broadcasters from around the world. (Summer Krueger/Sony Pictures Television)
Media & Entertainment

Sony Pictures finds gold in remakes as platform broadens

Ad-supported services, in-vehicle streaming bring in new viewers

21 July 2024