Economy — 1,017 insights
Foreign workers in Japan face dearth of accredited language schools
Economy

Foreign workers in Japan face dearth of accredited language schools

Only 3 certified to teach Japanese under new employment skill development program Indonesian workers in the Japanese city of Utsunomiya participate in an online Japanese course. (Photo by Eugene Lang) TOKYO -- As Japan shifts to a new training program for foreign workers, only three schools nationwide are certified to teach Japanese for the language requirement.

NATO in talks on Japan joining defense startup accelerator: official
Economy

NATO in talks on Japan joining defense startup accelerator: official

Japan would be the first non-NATO country to participate in DIANA program NATO Assistant Secretary General Tarja Jaakkola speaks to reporters in Tokyo on May 15. (Photo by Shogo Kodama) TOKYO -- Japan has approached NATO about participating in an accelerator that supports defense startups, a senior official with the Western alliance confirmed Friday, in what would mark a first for a nonmember.

BOJ tapering plans face scrutiny from Takaichi’s economic advisers
Economy

BOJ tapering plans face scrutiny from Takaichi’s economic advisers

Japan central bank to weigh whether to cut bond purchases further next year The Bank of Japan began tapering bond purchases in August 2024. (Photo by Akira Kodaka) TOKYO -- As the Bank of Japan prepares to review its plans for reducing government bond purchases, voices around Prime Minister Sanae Takaichi are sounding a note of caution.

Japan oil wholesalers use ship-to-ship transfers to receive Middle East crude
Economy

Japan oil wholesalers use ship-to-ship transfers to receive Middle East crude

About half the country's crude from region arrives via foreign operators for hefty fee A Taiyo Oil tanker that arrived in Japan in March, having taken on Middle Eastern oil off the coast of Malaysia. (Photo obtained by Nikkei) TOKYO -- Roughly half the tankers headed to Japan carrying Middle Eastern crude oil between March and May had obtained the oil using the unusual method of ship-to-ship transfers off the coasts of Malaysia and India, a Nikkei analysis has found.

Australia goes Hollywood with Gold Coast film production boom
Economy

Australia goes Hollywood with Gold Coast film production boom

Australia's Gold Coast, once better known for its beaches, is making waves in the global film industry, backed by government grants and a growing reservoir of production talent. Major projects are coming to the coastal city for talent, landscapes and state support GOLD COAST, Australia -- Brandishing a sword on a ship built on top of a hydraulic gimbal, with waves splashing at his sides, veteran stuntman Colin Handley beamed with pride knowing that he was a part of what was then the biggest film production ever made in his country.

US stocks fall after Trump-Xi summit leaves investors ‘underwhelmed’
Economy

US stocks fall after Trump-Xi summit leaves investors ‘underwhelmed’

No indication the 2 leaders resolved points of contention on trade or Iran Investors sold American stocks on the morning of May 15 as concerns over higher oil prices and stickier inflation dampened sentiment. © Reuters NEW YORK -- U.S. equities markets tumbled on Friday, dragged down by inflation worries and rising Treasury yields, after a summit between President Donald Trump and Chinese counterpart Xi Jinping ended with no major breakthroughs.

Trump-Xi summit more symbol than substance, political experts say
Economy

Trump-Xi summit more symbol than substance, political experts say

US president departs without trade commitments as Beijing claims stability win U.S. President Donald Trump and Chinese President Xi Jinping shake hands while leaving after a visit to the Zhongnanhai Garden in Beijing, China, May 15, 2026. NEW YORK -- The historic meeting between the world's two most powerful leaders appeared more ceremonial than meaningful, analysts say, after two days of pageantry and talks yielded no major breakthroughs.

Trump-Xi summit: How the US president’s China visit unfolded
Economy

Trump-Xi summit: How the US president’s China visit unfolded

Taiwan talks draw attention; Takaichi says Trump affirms 'unwavering' Japan alliance U.S. President Donald Trump gestures as he departs Beijing Capital International Airport aboard Air Force One on May 15. © Reuters SHANGHAI/TOKYO -- U.S. President Donald Trump made his first visit to China in nearly nine years, as the rival superpowers sought to stabilize their fraught relationship. The American president arrived Wednesday evening and left on Friday. The visit included plenty of face time with Chinese President Xi Jinping, from formal bilateral talks to a state banquet, tea and lunch. The leaders discussed the Iran war, trade, tensions over Taiwan, and artificial intelligence. Trump brought an entourage of corporate executives including Tesla's Elon Musk, Apple's Tim Cook and Nvidia's Jensen Huang. Trump-Xi summit more symbol than substance, political experts say Xi warns Trump that handling Taiwan issue 'poorly' risks a 'clash' Boeing faces long haul in China as Trump touts expected sale of 200 jets China Inc.'s global growth curbs Trump tariff powers undercut by courts 8:20 p.m.

Footloose in Luang Prabang: Two days in the heart of Laos
Economy

Footloose in Luang Prabang: Two days in the heart of Laos

Local delicacies are displayed at a night market in Luang Prabang, Laos. The former royal capital retains its unhurried pace long after sunset. © Getty Images UNESCO World Heritage City shines with temples and French colonial flair LUANG PRABANG, Laos -- Rising from a narrow peninsula at the confluence of the Mekong and Nam Khan rivers, Luang Prabang is one of Southeast Asia's most romantic cities. Walkable and virtually traffic-free, imbued with old temples and colonial-era French architecture, the city has been a UNESCO World Heritage Site for more than 30 years. While tourism dictates daily life, the slow charm of communist Laos lingers in cafes, riverside eateries and temple courtyards.

Honda taps ace engineer to lead transformation after EV strategy pause
Economy

Honda taps ace engineer to lead transformation after EV strategy pause

Mahito Shikama will take on key role as part of executive reshuffling Mahito Shikama, a star engineer and Managing Officer at Honda R&D, is set to become corporate transformation officer at Honda Motor this summer. (Photo by Takuya Fujisawa) TOKYO -- Still smarting from setbacks in electric vehicles, Honda Motor will soon entrust a relatively young engineer with rebuilding the Japanese automaker's business.

Japan set to receive first LNG via Hormuz since de facto closure
Economy

Japan set to receive first LNG via Hormuz since de facto closure

Supplies offer psychological relief, but too small to impact overall market Power provider JERA has major LNG facilities at the port of Futtsu in Chiba prefecture. (Photo by Rie Ishii) TOKYO -- A tanker carrying liquefied natural gas from the Middle East via the Strait of Hormuz is set to reach the Japanese port of Futtsu as early as Monday, the first such shipment to reach the country since the strait was effectively closed because of the Iran conflict.

Malaysia’s Q1 GDP growth slows to 5.4% as cost pressures loom
Economy

Malaysia’s Q1 GDP growth slows to 5.4% as cost pressures loom

Central bank says Mideast conflict has begun to weigh on economic outlook A view of Kuala Lumpur's skyline: Malaysia's economy grew at a slower pace in the first quarter of 2026, compared with the previous three months. © Reuters KUALA LUMPUR -- Malaysia's economy grew at a slower pace in the January-March quarter, as the impact of the Middle East conflict began to weigh on the economy, official data from the central bank showed Friday.