News

Japan's economy grew at a slower pace than initially reported in the October-December quarter, raising concerns about the impact of U.S. tariffs and weak consumption. The revised data showed an annualized growth rate of 2.2%, lower than the initial estimate of 2.8% and below economists' median forecast.

Japan's auto industry is bracing for potential US tariffs on imported vehicles, with concerns about production adjustments and the impact on the US economy. The industry highlights its significant contributions to the US through employment and investment, emphasizing the importance of the US market as the top export destination.

Japanese investors sold a record amount of foreign bonds in the week through March 8, driven by concerns over Germany's plans for increased fiscal spending and a selloff in Eurozone debt markets. Meanwhile, they took advantage of a stronger yen to boost their position in foreign shares, which were available at reduced prices following a recent global selloff.

Global stock markets rebounded slightly on Tuesday after Ukraine agreed to a ceasefire with Russia, but concerns about the economic impact of U.S. tariffs continued to weigh on investor sentiment. The Dow Jones Industrial Average closed down 0.45%, while the S&P 500 and Nasdaq Composite rose 0.2% and 1.05%, respectively.

Billions in government subsidies have fueled industrial park development in Fukushima, but attracting workers back to these areas remains a major challenge. Despite generous subsidies and job opportunities, most workers commute from nearby cities, highlighting the ongoing labor shortage and the need for innovative solutions to revitalize the region.