The Japan Times

Nepal's long road to quake resilience

A decade has passed since a massive earthquake ripped through Nepal, but in Ram Bahadur Nakarmi's home the damage is still visible -- and so is the fear another might strike.

Stocks rally rolls on in US, mixed elsewhere

Wall Street stocks pushed higher for a third day on Thursday but the rally fizzled elsewhere as China poured cold water on US President Donald Trump's comments talking up prospects of a deal to end their trade war.

Panama president says moving toward reopening contested mine

Panamanian President Jose Raul Mulino said Thursday that his government was working toward the reopening of Central America's biggest copper mine, despite fierce opposition from environmentalists.

Trump trade deals appear distant as tariff tensions simmer

US President Donald Trump's promises of securing trade deals with major partners took another blow Thursday, with a French minister saying an agreement with the EU was "a long way" off and China insisting talks had not even started.

Corona beer maker Modelo says to invest $3.6 bn in Mexico

Grupo Modelo, the producer of Corona and other Mexican beer brands, said Thursday that it would invest more than $3.6 billion in Mexico despite trade tensions with the United States.

American Airlines pulls 2025 forecast on economic uncertainty

American Airlines withdrew its full-year profit forecast Thursday, citing economic uncertainty that has clouded its outlook for hiring and capacity additions.

Stocks rally rolls on in US, fizzles elsewhere

Wall Street stocks pushed higher for a third day on Thursday but the rally fizzled elsewhere as China poured cold water on US President Donald Trump's comments talking up prospects of a deal to end their trade war.

France failed to protect rights of teen rape victims: Europe court

The European rights court condemned France on Thursday for failing to protect the rights of three teenagers who reported rape, including one who accused 14 firemen of abuse.

US existing home sales see biggest drop since 2022

Sales of existing US homes pulled back more than expected in March, logging their biggest drop since late-2022 according to industry data released Thursday, as high mortgage rates weighed on affordability for homebuyers.

French independent studio's first video game draws fans

Independent French studio Sandfall Interactive's first video game "Clair Obscur: Expedition 33" launched worldwide on Thursday but has already built up a solid community of fans eager to discover its post-apocalyptic fantasy world.

US Treasury chief raised 'important issues' in IMF criticism: Georgieva

US Treasury Secretary Scott Bessent's criticism of the International Monetary Fund raised "a number of important issues" to grapple with, the head of the Washington-based institution said Thursday.

US existing home sales retreat more than expected in March

Sales of existing US homes pulled back more than expected in March, according to industry data released Thursday, as mortgage rates remained high and weighed on affordability for homebuyers.

Stocks rally fades along with hopes of quick US-China trade deal

A rally on global stock markets fizzled Thursday as China poured cold water on US President Donald Trump's comments talking up the prospects of a deal to end their trade war.

P&G cuts outlook as consumers pull back amid tariffs

Procter & Gamble cut its sales and profit forecast Thursday, citing a pullback in consumer behavior as uncertainty over tariffs and the economy cloud the picture.

Favourite KAJ hopes for fun and steamy Eurovision

Comedy act KAJ, which has soared out of obscurity to become the favourite in the 2025 Eurovision Song Contest, says it hopes its steamy-but-not-in-a-sexy-way sauna song will make people laugh.

Nissan forecasts huge annual net loss of up to $5.3 bn

Struggling Japanese auto giant Nissan issued a stark profit warning on Thursday, forecasting a huge loss of up to $5.3 billion in the 2024-25 financial year.

Stock markets mostly fall as hopes of US-China trade deal dampen

Stock markets were mostly lower on Thursday as China poured cold water on US President Donald Trump's comments talking up the prospects of a deal to end their trade war.

Asian markets mixed as China dispels Trump talk of tariff negotiations

Asian markets were mixed on Thursday as China poured cold water on US President Donald Trump's comments talking up the prospects of a deal to end their trade war.

Countries could use forests to 'mask' needed emission cuts: report

Major economies are overstating how much carbon their forests can absorb in a climate accounting fudge that could allow them to use even more fossil fuels, new research said Thursday.

Teenage suspect in attack on rabbi sentenced to 16 months in prison

A teenager who attacked a rabbi in a central French city was sentenced to 16 months in prison by the juvenile court on Wednesday, after a long day of hearings in which he denied responsibility.

At Texas Trump-themed burger joint, diners eating it up

It is lunchtime at a Texas eatery called Trump Burger and diners are enjoying fast food and the frenetic first 100 days of their president's second term.

Americans wary of Trump's economic about-faces

President Donald Trump's various U-turns are leaving Americans disillusioned -- especially after he was elected on vows of guaranteeing economic prosperity.

Tesla's EU sales plunge as Musk takes flak

Tesla electric car sales in Europe plunged in the first three months of the year, industry data showed Thursday, in a fresh blow to its boss Elon Musk who has been criticised for his work in US President Donald Trump's administration.

Asian markets mixed as Trump soothes Fed fears

Asian markets were mixed on Thursday after President Donald Trump said he had "no intention" of firing the US central bank head and made conciliatory comments on his trade war with China.

Asian markets mostly up as Trump soothes Fed fears

Asian markets were mixed on Thursday after President Donald Trump said he had "no intention" of firing the US central bank head and made conciliatory comments on his trade war with China.

S. Korea's economy shrinks in first quarter as trade war hits exports

South Korea's economy unexpectedly contracted 0.1 percent in the first three months of this year, the country's central bank said Thursday, as the Asian export giant reels from months of political chaos and heightened trade tensions.

Chinese business in Vietnam struggles with Trump tariffs uncertainty

A year ago Zhang Chundong helped the firm he manages expand into Vietnam, part of a wave of Chinese businesses to choose the booming manufacturing hub since the trade war of US President Donald Trump's first term.

Bessent says 'no currency targets' in Japan tariff talks

US Treasury Secretary Scott Bessent said Wednesday that Washington has "no currency targets" in its talks with Japan on tariffs, after repeated calls from President Donald Trump for a stronger yen.

SK hynix posts record profits thanks to strong AI demand

South Korean chip giant SK hynix reported record quarterly profits Thursday thanks to soaring global demand for artificial intelligence, highlighting the firm's ability to weather mounting tariff threats.

YouTube says more than 20 billion videos uploaded in 20 years

YouTube on Wednesday celebrated more than 20 billion videos being uploaded to the platform since the first clip debuted two decades ago.

Mogul Weinstein made sex attack victims 'feel small,' jury told

Prosecutors opening Hollywood mogul Harvey Weinstein's rape and sexual assault retrial described Wednesday how he ignored his victims' pleas to stop and abused his position to make them "feel small."

I.Coast opposition calls marches against leader's eviction from electoral race

Ivory Coast's main opposition party has called for "marches" outside courts on Thursday, six months ahead of a presidential election, in protest against the removal of its candidate from the race.

The Japan Times - Economy (English)

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Stocks advance as investors weigh earnings, car tariff hopes

Stocks waver as investors weigh earnings, car tariff hopes

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