Business
Japan’s job-quitting service gets four new customers on first day of work
Momuri is a Japanese business that offers assistance in quitting jobs. Most people, when hearing this at first, assume their clients must be a bunch of weak-willed people. However, when learning more about the situations some companies put employees in, it’s understandable that they would need some legal help to leave.… Read
Trump tariffs may push down Japan's economic growth by up to about 2%
U.S. President Donald Trump's substantially higher tariffs, including those on all car imports, are set to slow export-oriented Japan's annual economic expansion by up to around 2 percent in the coming years, analysts warned. Concerns are mounting that Asia's second-biggest economy, which has already been sluggish due in part to… Read
Trump tariffs spark fears for Asian jobs, exporting sectors
Across Asia, factory workers, directors, trade associations and analysts voiced concern Thursday that U.S. President Donald Trump's stinging tariffs could put jobs at risk and hammer key sectors of industry. Trump ramped up a global trade war as he imposed sweeping levies on imports into the United States on Wednesday,… Read
Trump's tariff hikes pull Asian shares, U.S. futures sharply lower
Shares tumbled in Europe and Asia and U.S. futures tumbled Thursday following U.S. President Donald Trump ’s announcement of big increases in tariffs on imports of goods from around the world. The double-digit tariff hikes sent shivers across world markets, as economists warned it raises the risk of recession. The future for the S&P 500 dropped… Read
'Give me a break': Trump tariffs threaten Japan auto sector
Business was already tough for auto parts maker Asahi Tekko, but with U.S. car tariffs due to bite this week its president has a simple message for Donald Trump: "Give me a break." The 425 workers at the company are some of the 5.6 million Japanese people employed directly or… Read
Financial markets tumble after Trump tariff announcement
Global financial markets were rocked on Wednesday by Donald Trump's announcement of sweeping tariffs, targeting China and the European Union in particular, with the risk of undermining the international economy. The U.S. president laid out the new measures after Wall Street stock markets had closed. But his announcement still rippled… Read
Tesla sales slump as pressure piles on Musk
Tesla's worldwide sales tumbled in the first quarter, piling further pressure on CEO Elon Musk who faces a growing backlash for his role overseeing U.S. federal spending cuts under President Donald Trump. Musk's electric vehicle company delivered 336,681 autos globally in the first three months of 2025, a drop of… Read
EU fines 15 carmakers, including 6 Japanese companies, over cartel
The European Union said Tuesday it has fined 15 major carmakers, including Toyota Motor Corp, and a European industry body a total of around 458 million euros ($494 million) for taking part in cartel over vehicle recycling. The European Commission said the European Automobiles Manufacturers' Association facilitated the cartel by… Read
Tokyo Gas purchases Chevron's Texas gas assets for $525 million
TG Natural Resources, owned by Tokyo Gas Co and Castleton Commodities International, is acquiring a 70% stake in the East Texas gas assets of Chevron U.S.A. Inc, a subsidiary of Chevron Corp, for $525 million. The move, announced Tuesday, marks Tokyo Gas’ expansion of its U.S. business at a time… Read
Japan job availability falls in Feb for 1st time in 6 months
Japan's job availability ratio in February fell 0.02 point from the previous month to 1.24, marking the first deterioration in six months, as employers grappled with surging material and utility costs, according to the latest government data. Separate data showed the country's unemployment rate declined to 2.4 percent in February… Read
