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The latest breaking news and stories on Japan, a country in East Asia known as a constitutional monarchy, and the world’s fifth largest economy. Also covering Japan’s relationship with China and Asia, plus commentary and updates on Japan’s economy, politics, society and trade.
Capital
Tokyo
Head of State
Emperor Naruhito
Head of Government
Prime Minister Fumio Kishida
Fumio Kishida
Cars line up at a gas station in Seoul, South Korea, on Sunday as oil prices surge due to the intensifying conflict in the Middle East. Photo: EPA
US, Israel war on Iran

G7 to discuss possible emergency release of oil reserves: French president

Concern is rising about the war and Iran’s blockade of the Strait of Hormuz, through which much of the world’s energy supplies pass.

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Mergers & Acquisitions

Investment firms remain upbeat on deals despite geopolitical tensions, bankers say

Asia housing and property

The View | 4 reasons Asia’s property will endure despite Iran war headwinds

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Energy

Oil above US$100 may persist as Goldman warns rally not over

Investors brace for prolonged disruption after Iran closed the Strait of Hormuz, sending crude to levels unseen since the 2022 energy shock.

A worker operates valves at the Rumaila oil field in Basra, Iraq, as the country cuts nearly 1.5 million barrels per day of output following the closure of the Strait of Hormuz. Photo: Reuters
US-China relations

Taiwan tensions No 1 in Beijing’s top 10 geopolitical risks of 2026: think tank

Most consequential external security variable may be uncertainty in the US ahead of the midterm elections in November, report warns.

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Hong Kong stock market

Hong Kong stocks slump alongside Asian markets after oil crosses US$100

Brent crude jumps over 20 per cent to trade at around US$110 a barrel, prompting investors to further reduce risk exposure.

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France

Fire safety upgrades stall at Japan’s castles, shrines and temples

Work has yet to begin at about 30 per cent of priority heritage sites nearly 7 years after the blaze that destroyed Okinawa’s Shuri Castle.

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Flames engulf Shuri Castle in Naha, Okinawa prefecture, in October 2019. The fire destroyed several major structures at the Unesco World Heritage site. Photo: EPA-EFE
China's military weapons

Why have China’s arms imports plummeted 72% over the past 5 years?

Neighbours in Asia and Oceania increase their overseas weapons purchases amid ‘fears over China’s intentions’.

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Two Sessions 2026

Wang Yi warns Japan on Taiwan ‘red line’, dashing hopes of ending diplomatic row

Invoking the legacy of WWII resistance, top diplomat cautions Tokyo against interfering in China’s affairs.

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Hong Kong economy

Hong Kong must ensure motherhood no longer derails women’s careers: advocates

‘Tokenism is the challenge that we need to address to ensure women have a fair share of decision-making and leadership in companies,’ an advocate says.

A woman and a child at Central Harbourfront. Women account for 54 per cent of Hong Kong’s population, city leader John Lee says. Photo: Eugene Lee
Two Sessions 2026

Takeaways from Foreign Minister Wang Yi at China’s ‘two sessions’

Top diplomat addresses questions on US ties, the Iran crisis, South China Sea disputes and Beijing’s vision for a multipolar world order.

China top diplomat Wang Yi speaks to the press about Beijing’s foreign policy objectives during the “two sessions” in Beijing on March 8. Photo: AFP
Women and gender

80 years on, gender gap persists in Japanese politics

New research shows there has been little change since women in Japan first exercised their right to vote nearly 80 years ago.

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Pop culture in Asia

Video | Why the crunch-ridden anime industry rejects AI as a lifeline

Despite the Japanese anime industry being valued at a whopping 3.8 trillion yen (US$24.3 billion), most animators work 10-hour days earning only 700 yen (US$4.50) per hour.

Science

What is the moon’s far side made of? Chinese scientists use AI to crack mystery

Findings add to a growing body of insights from China’s historic Chang’e-6 mission to the lunar far side in 2024.

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Image of the lunar surface as captured by the Chang’e-6 lander. Photo: Handout via Xinhua
Qatar

Qatar’s LNG halt exposes Asia’s energy vulnerability

Analysts say the turmoil underscores Asia’s need to shift to renewable energy, as nations scramble for alternatives amid the disruption.

QatarEnergy’s liquefied natural gas production facilities in Ras Laffan Industrial City, Qatar, on Monday. Photo: Reuters
Arctic

Middle powers Canada, South Korea set Arctic course between China-Russia and US

Seoul’s security agreement with Ottawa is also a ‘hedge’ against a transactional Washington, an analyst says.

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Sexual harassment and assault

Japan’s manga industry faces a ‘#MeToo moment’ after Shogakukan scandal

Prominent creators pull their work as the publisher launches a probe into how a convicted author returned under a pen name.

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Hong Kong stock market

Hong Kong stocks record steepest weekly slump in 4 months on US-Iran war

For the week, the Hang Seng Index fell 3.3 per cent, the worst weekly performance since November 21.

Shares in Hong Kong have been pummelled this week by the US-Iran war. Photo: Dickson Lee
China-Japan relations

Japan weighs military upgrade on Iwo Jima as China deepens Pacific activity

Tokyo is reportedly planning to enhance facilities and station aircraft on the island, and establish a Pacific defence initiative office.

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Defence

Can Japan build a ‘China-free’ military? The high price of defying a rival

Tokyo’s bid to boost ‘self-reliance’ may be costly and could take years given China’s dominance in critical materials, analysts say.

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US, Israel war on Iran

Opinion | Are investors spooked by Iran violence? Market response suggests not

Renewed fighting in the Middle East bodes ill for the global economy, but it is not yet enough to counterbalance other short-term factors.

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People wait to cross a road in front of an electronic display showing the Hang Seng Index in Hong Kong on March 4, as the US-Israel war in Iran sent oil prices rising. Photo: AFP
Crime in Hong Kong

Customs seizes record HK$233 million in gold and silver hidden in air cargo

Officers find 168kg of gold foil and 285kg of silver foil hidden in household cleaning machines destined for Japan.

Customs displays the precious metals seized during the operation. Photo: Dickson Lee
Hong Kong tourism

Sky-high jump in airfares from Hong Kong to Europe, Americas – even Asian cities

Economy-class fares to Paris, Rome and New York surge while cheapest return flight to Tokyo costs nearly HK$5,000.

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Space

Failure to launch: Japan’s Space One aborts Kairos flight after lift-off

The start-up has so far had three failed launches in its attempt to become the first Japanese private entity to put a satellite into orbit.

Hong Kong stock market

Hong Kong stocks rebound with Asian peers as “two sessions” opens in China

South Korea’s Kospi leads Asia-Pacific gains, jumping nearly 10 per cent to recover nearly all of its record 12 per cent drop.

Hong Kong stocks staged a rebound on Thursday. Photo: Reuters
Crime in Hong Kong

Hong Kong woman, 30, arrested over illegal sale of slimming injection

Seized item was Mounjaro injection pen manufactured by US pharmaceutical company Eli Lilly, but labelled in Japanese.

The seized item was a Mounjaro injection pen manufactured by US pharmaceutical company Eli Lilly, Photo: ISD
US-China relations

Khamenei’s fall exposes China’s military AI lag versus US: Beijing adviser

Zheng Yongnian cites precision strikes on Iran and earlier Venezuela raid to warn about risks posed by deep AI integration in US military.

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Technology

Asian tech stocks reel as US-Iran war threatens infrastructure and supply chains

South Korea’s Kospi is the worst-hit in Asia, with Samsung Electronics and SK Hynix falling 11.7 per cent and 9.6 per cent, respectively.

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