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Japan revises economic data to show bigger contraction in July-September period

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Japan’s economy contracted at an annual pace of 2.3% in the July-September period, the government reported Monday, as exports suffered from the impact of U.S. President Donald Trump’s tariffs and public investments slipped. The decline in Japan’s gross domestic product, or the sum value of its goods and services, translates… Read

Business

Japan bankruptcies likely to surpass 10,000 in 2025 for 2nd straight year

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The number of corporate bankruptcies in Japan totaled 9,372 in the January-November period, making it likely that the figure for 2025 will surpass 10,000 for the second consecutive year, a survey by a credit research company said Monday. Bankruptcies with liabilities of 10 million yen or more in November fell… Read

Business

Asian shares mixed ahead of Fed interest rate decision

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Shares are mixed in Asia as investors tread cautiously ahead of an interest rate decision this week by the Federal Reserve. U.S. futures and oil prices rose. Flaring Japan-China tensions also were weighing on sentiment, as traders remained cautious. Japan and Australia urged calm on Sunday after Chinese military aircraft… Read

Business

Number's up: Calculators hold out against AI

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The humble pocket calculator may not be able to keep up with the mathematical capabilities of new technology, but it will never hallucinate. The device's enduring reliability equates to millions of sales each year for Japan's Casio, which is even eyeing expansion in certain regions. Despite lightning-speed advances in artificial… Read

Business

Japanese company selling bear-proof automatic doors

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The spate of bear encounters in Japan has certainly been surprising for many reasons, but one thing that caught my attention especially is that they seem pretty good at using automatic doors. ▼ Just struts in like it’s no big deal ▼ This one struggled a bit, but it’s young; it’ll learn.… Read

Business

Divided U.S. Fed set for contentious interest rate meeting

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While the U.S. Federal Reserve's final interest rate meeting this year could see an unusual amount of division, financial markets view a third straight interest rate cut as nearly certain. When the Fed last met in October, Chair Jerome Powell asserted that another rate cut in December was "not a… Read

Business

Trump says production of Japan-style tiny cars approved in U.S.

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U.S. President Donald Trump said he has approved the manufacture of "tiny" cars in the United States, as his administration faces increasing pressure over affordability. After describing ultracompact kei cars that he saw in Japan about a month earlier as "really cute," Trump said on social media he had just… Read

Business

Will EU give ground on 2035 combustion-engine ban?

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Europe's embattled auto industry and its backers are ramping up pressure on the EU to relax its planned 2035 ban on new petrol and diesel car sales -- hoping for a decision by year end. The European Commission is due to review the target on December 10 as part of… Read

Business

Subaru Forester named Japan car of the year in 2025

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Subaru Corp's Forester sport utility vehicle was named the car of the year in Japan, a crown given to the most outstanding passenger vehicle in 2025, the award's selection committee said. The hybrid SUV has been praised for integrating driving performance, practicality, comfort, and off-road capabilities, while maintaining Subaru's high… Read

Business

Fresh data show U.S. consumers still strained by inflation

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U.S. consumer pricing and sentiment reports released Friday pointed to lingering questions about affordability as the calendar moves towards the peak of the festive season. The personal consumption expenditures (PCE) price index, the Federal Reserve's preferred data point for measuring inflation, rose to 2.8 percent on an annual basis in… Read


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