News
Japanese drone maker notes tailwind as demand jumps and China frozen out of U. S.
2+ day, 2+ hour ago (136+ words) Escalating geopolitical tensions might present opportunities for Japanese companies in a market long dominated by China's DJI." Japanese drone maker notes tailwind as demand jumps and China frozen out of U. S. Escalating geopolitical tensions might present opportunities for Japanese drone makers…...
Japanese fishers hit hard by high crude oil prices
14+ hour, 46+ min ago (276+ words) High crude oil prices reflecting the turmoil in the Middle East have hit the Japanese fishing industry hard, including through surges in costs for fuel and related equipment. "We used to spend about "130 million on fuel per ship a year,…...
Japan's power chip sector undergoing realignment
1+ week, 5+ day ago (232+ words) The Japan Times The Japanese industry of power semiconductors, used in electric vehicles and other products, is undergoing realignment, with manufacturers seeking consolidation to compete with foreign rivals. Rohm, Toshiba and Mitsubishi Electric launched discussions on integrating their power chip…...
Sanrio executive suspended amid accusations subsidiary gave him extra money
1+ day, 18+ hour ago (297+ words) An executive at Sanrio, the company behind globally beloved characters such as Hello Kitty and Kuromi, has been suspended after it came to light he might have received off-the-books compensation from a subsidiary totaling several hundred million yen, the company…...
Japan's defense spending to reach 1. 9% of GDP this fiscal year
1+ day, 4+ hour ago (314+ words) Defense-related spending in the fiscal year through March 2027 would total "10. 6 billion, approaching the gold standard 2% of GDP level. Japan's defense spending to reach 1. 9% of GDP this fiscal year Japan is making progress toward its goal of bringing defense spending to…...
Bessent's busy week clashes with global thirst for U. S. attention
1+ day, 7+ hour ago (134+ words) At the IMF and World Bank spring meetings, some participants grumbled that U. S. officials were reluctant to discuss the U. S. -war driven oil shock. The message from U. S Treasury Secretary Scott Bessent to his fellow economic policymakers a year ago came as…...
China poised to be top tourism economy as travelers skip U. S.
3+ day, 18+ min ago (303+ words) China is now on track to become the world's top tourism economy in the next few years as a sharp drop in foreign visits sets the U. S. back. The Chinese travel and tourism economy grew 9. 9% last year, more than twice the…...
Japan "100 retailer Seria doubles down while rivals raise prices
3+ day, 2+ hour ago (142+ words) The Japan Times Seria, one of the "100 shop providers that thrived during Japan's three decades of deflation, is betting shoppers will continue to flock to its stores even as rivals move beyond low-priced merchandise.'Inflation is an opportunity for us,…...
Markets are too nonchalant about Iran war's economic toll, policymakers warn
3+ day, 8+ hour ago (162+ words) The Japan Times The International Monetary Fund and World Bank are historically beacons of free trade, capitalism and financial market wisdom But at their spring meetings, the emerging theme has a contrarian vibe: Investors are underestimating the economic damage from…...
Gulf oil crisis reveals shortcomings in government readiness
3+ day, 16+ hour ago (105+ words) The Japan Times Governments around the world are struggling to deal with the economic impacts of the Iran war. That is somewhat understandable They were blindsided by the Trump administration's decision to ignore the risk that Iran would close the…...