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July 24, 2026
 

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SCOTT BESSENT

Japan's weak yen now does more harm than good, making higher interest rates the right policy despite the success of Abenomics-era monetary easing.
COMMENTARY / World
Jul 13, 2026
The yen¡¯s plunge changes the case for Bank of Japan rate hikes
The Japanese yen has sunk to a 40-year low against the U.S. dollar recently. Raising interest rates would strengthen the yen.
U.S. Treasury Secretary Scott Bessent said he believes China will accept prior U.S. tariff rates being restored through new Section 301 duties as long as they don't go higher.
WORLD
May 20, 2026
U.S. not in a hurry to extend China trade truce, Bessent says
The U.S.-China truce negotiated over several months last year averted a total collapse of trade between the world¡¯s two largest economies.
A tourist watches the MT Desert Kite oil tanker carrying Russian oil in the Arabian Sea, Gujarat, India, on March 11.
WORLD / Politics
May 19, 2026
U.S. extends sanctions waiver on Russian oil to aid vulnerable countries
The action marks the second time the Treasury has allowed the sanctions waiver to lapse and subsequently extended it.
Finance Minister Satsuki Katayama and U.S. Treasury Secretary Scott Bessent at the Ministry of Finance in Tokyo
BUSINESS / Economy
May 12, 2026
Japan and the U.S. in sync on the yen, Katayama says
The finance minister has stopped short of saying that the two countries are engaged in coordinated intervention in the currency market or that they are planning a joint response.
U.S. Treasury Secretary Scott Bessent is scheduled to meet with Prime Minister Sanae Takaichi in Tokyo on Tuesday.
BUSINESS / Economy
May 11, 2026
Takaichi to meet with U.S. Treasury secretary in Tokyo
The U.S. and Japanese officials are expected to discuss currency market developments after Japanese authorities recently intervened in the market, using dollars to buy yen.
Bank of Japan Gov. Kazuo Ueda arrives for a news conference after a BOJ policy meeting in Tokyo last month.
BUSINESS / Economy / ANALYSIS
May 9, 2026
Japan bets on Washington and BOJ for extra punch in yen battle
The strategy is reliant on a small cast of heavyweights and is aimed less at a dramatic turnaround than at raising the cost of betting against the yen.
U.S. Treasury Secretary Scott Bessent is ?arranging a ?three-day visit to Japan starting Monday, according to a source familiar with the matter.
BUSINESS / Economy
May 7, 2026
U.S. Treasury Secretary Scott Bessent to meet Takaichi and others next week
Bessent will speak individually with Prime Minister Sanae Takaichi, Finance Minister Satsuki Katayama and BOJ Gov. Kazuo Ueda during his three-day visit, sources have said.
U.S. Treasury Secretary Scott Bessent speaks during a news briefing in the James S. Brady Press Briefing Room at the White House in Washington on Wednesday.
BUSINESS / Economy / FOCUS
Apr 18, 2026
Bessent¡¯s busy week clashes with global thirst for U.S. attention
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.
Scott Bessent, U.S. treasury secretary, during a news conference in Washington on Wednesday
BUSINESS / Economy
Apr 16, 2026
Katayama hints at yen intervention after talks with U.S. counterpart
Japan¡¯s authorities have been ramping up their warning language as the yen continues to hover around ?160 to the dollar, a key psychological threshold for markets.
U.S. Treasury Secretary Scott Bessent speaks at an International Institute of Finance event during the International Monetary Fund and World Bank spring meetings in Washington on Tuesday.
BUSINESS / Economy
Apr 15, 2026
Bessent says China has been unreliable partner by hoarding oil during war
China already had a strategic petroleum reserve that was roughly the same size as that of the entire reserve held by the 32-member International Energy Agency.
The former offices of MBaer Merchant Bank in Zurich. The bank, which was accused by regulatory authorities of money laundering schemes linked to Venezuela, Russia and Iran, was forced to liquidate on Feb. 27.
WORLD / Crime & Legal
Mar 26, 2026
How a dirty money trail from Venezuela to Iran brought down a Swiss bank
MBaer Merchant Bank built a lucrative business charging clients as much as ten times the going rate to process payments that other banks wouldn¡¯t handle.
U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng meet in London, on June 9, 2025.
WORLD / Politics
Mar 15, 2026
U.S. and China economic chiefs to meet in Paris ahead of Trump-Xi summit
Top U.S. and Chinese economic officials are set to launch a new round of talks in Paris on Sunday to iron out kinks in their trade truce and clear a smooth path for U.S. President Donald Trump's trip to Beijing to meet with Chinese President Xi Jinping at the end of March.
U.S. Treasury Secretary Scott Bessent attends a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington on Thursday.
ASIA PACIFIC
Mar 3, 2026
U.S. and China trade chiefs to meet mid-March before Trump-Xi summit
U.S. strikes on Iran and the killing of its Supreme Leader Ayatollah Ali Khamenei stoked tensions with Beijing in recent days, complicating summit preparations.
U.S. Treasury Secretary Scott Bessent said the U.S. is ¡°absolutely not¡± intervening in the dollar-yen market.
BUSINESS / Markets
Jan 29, 2026
Traders highlight risks for Japan going solo on yen intervention
Hopes were dented after Bessent said on Wednesday the U.S. is ¡°absolutely not¡± intervening in the dollar-yen market.
U.S.Treasury Secretary Scott Bessent brushed off fears of Europeans weaponizing bond sales at Davos, but his response hinted at unease over America¡¯s reliance on foreign capital.
COMMENTARY / World
Jan 27, 2026
After Davos, bond markets are wielding a new big stick
Many now agree with Canadian Prime Minister Mark Carney¡¯s assertion at Davos that the postwar international rules-based order has suffered a ¡°rupture,¡± not a transition.
U.S. Treasury Secretary Scott Bessent speaks during a news conference at the Treasury Department in Washington on Dec. 17.
WORLD / Politics
Jan 27, 2026
¡®Not interested¡¯: Alberta premier rejects U.S. statehood in swipe at Bessent
The U.S. Treasury Secretary suggested last week that the Canadian province might hold a referendum on whether to stay in Canada or not.
Workers transport soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China. Ending U.S. reliance on the minerals has been a top priority for Washington.
BUSINESS
Jan 16, 2026
U.S. asks allies to step up measures on Chinese minerals
Ending U.S. reliance on the minerals has been a top priority for Washington since last year, when Beijing imposed export restrictions on what are known as rare earths.
Attendees at a Group of Seven finance ministers meeting pose for a photograph on Monday in Washington.
BUSINESS / Economy
Jan 13, 2026
G7 finance ministers agree to address rare-earth supply issues quickly
The meeting came as China is tightening controls on rare earth exports to Japan and there are fears the impact of the Chinese measure may spread across the world.
Finance Minister Satsuki Katayama (right) meets with ?U.S. Treasury Secretary Scott Bessent on the sidelines of a multilateral meeting on critical mineral supply chains, in Washington on Monday.
BUSINESS / Economy
Jan 13, 2026
Bessent shares concerns about yen¡¯s ¡®one-sided depreciation,¡¯ says Katayama
The yen crossed ?158-to-the-dollar mark this week for ?the first time in about a year following reports that Prime Minister Sanae Takaichi ?may call a February snap election
U.S. Treasury Secretary Scott Bessent will urge Group of Seven and other nations to reduce reliance on Chinese critical minerals when the bloc meets on Monday.
WORLD
Jan 11, 2026
U.S. to push for quicker action in reducing reliance on China for rare earths
Aside from Japan, which took action after China abruptly cut off its ?critical minerals supplies in ?2010, G7 members remain heavily dependent on critical minerals from China.
Japan scientists identify clusters of protein believed to trigger Alzheimer¡¯s disease
A team of researchers said they found a ¡°seed¡± that accelerates the amyloid beta accumulation process in the brain, naming it ¡°Peak 1 amyloid beta,¡± as seen in a mouse's brain.
Indian brothers make manga debut in Japan
Two Indian brothers made their manga debut in Japan with "Kung Fu Kung Fool" ¡ª an action-comedy series that follows the adventures of a notorious thief and a young boy.
Japan weighs regulating Pokemon cards amid trading mania
A Pokemon event is held in Jakarta on July 11
Low-income families in Japan cut food and air conditioning during summer break
Yumiko Watanabe, the chairperson of nonprofit Kidsdoor, explains the results of a survey in Tokyo's Chiyoda Ward on July 1.
Iran strikes on CIA facilities prompt questions about possible Russian role
Iranian drones are displayed in an undisclosed location in Iran, in this handout image obtained on Jan. 13, 2025.U.S. officials have acknowledged that Russia has ?provided targeting ?and other support for Iran in its drone strikes on U.S. targets in the Persian Gulf region.
The sci-fi sensibilities of electronic trio Black Boboi
Black Boboi was formed in 2018 when solo artists Julia Shortreed, Utena Kobayashi and Ermhoi came together under Kobayashi¡¯s newly founded label, Bindividual.
A perfect storm: Kaze Fujii fans flock to Fuji Rock
Okayama-born singer-songwriter Kaze Fujii has carved out a distinctive place in Japanese pop since his major-label debut in 2019.
Can Japanese comedy get laughs in English? Yoshimoto Kogyo lets the jokes rip
Wes-P has millions of followers and his viral clips made him recognizable out of Japan.
The 180-day locals: Life on Japan¡¯s digital nomad visa
Christopher Flinn works remotely from Tokyo earlier this month. Japan issued 646 digital nomad visas in 2025, but tourism officials are hoping to increase that figure in the coming years, with Japan's relatively cheap cost of living and the weak yen seen as potential draws for young professionals.
Japan reveals hint of new defense spending target in fiscal blueprint
The Self-Defense Forces' Type 16 mobile combat vehicle fires during a joint live-fire drill with U.S. Marines as part of the annual Resolute Dragon exercises in Yufu, Oita Prefecture, on June 28.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo¡¯s Shinjuku Ward.
Kabukicho: Tokyo¡¯s ¡®stadium of desire¡¯

Longform

For many people, utility poles and power lines have become such a familiar part of Japan¡¯s landscape that they often go unnoticed.
Why Japan¡¯s utility poles won¡¯t be disappearing anytime soon
By Alex K.T. Martin

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