The Port Journal

Politics Partner nations step up efforts to diversify supply chains away from China Japan and Australia are expediting critical mineral procurement projects. Sanae Takaichi and Anthony Albanese are to issue a joint statement next week while Takaichi is in Australia. (Source photos by Ken Suzuki and Reuters) TAISHU YUASA and RURIKA IMAHASHI TOKYO/SYDNEY — Japan and […]

Economy Platforms’ commission to be reduced to 8%, with added insurance requirements A woman in Jakarta discusses a ride with a Gojek driver: Indonesian President President Prabowo Subianto has vowed to cut ride-hailing platforms’ fees to help drivers. (Photo by Yuki Kohara) BOGOR, Indonesia — Indonesian President Prabowo Subianto told a May Day rally in […]

The KOSPI’s miracle surge comes with a warning label

India fears the tussle between the Maldives and Mauritius over the Chagos Archipelago could open the door for China in the Indian Ocean. (Nikkei montage/Source photos by Getty Images and U.S. Navy/AP) COLOMBO — A legacy of British colonization has surfaced to rock India’s diplomatic strategy in the string of island nations in the Indian […]

Currencies Move follows warning from Japan’s top currency diplomat The yen rose strongly against the dollar for a second straight day on Friday. (Photo by Nanami Sato) AKANE OKUTSU May 1, 2026 12:43 JST Updated on May 1, 2026 16:29 JST TOKYO — The yen rose strongly against the dollar for a second straight day […]

Food & Beverage Wuliangye’s boss removed from China’s NPC; company warns sector in ‘deep water’ An attendant holds a bottle of Wuliangye, one of China’s most famous liquors: The company is mired in a scandal and slashed its earnings in a restatement. © Reuters TOKYO — A major producer of the Chinese liquor baijiu has […]

Business trends Trading house to post $540m non-operating loss over Ambatovy deal with UK firm Sumitomo Corp. is withdrawing from a loss-making nickel mine project in Madagascar. (Photo by Yuki Nakao) TOKYO — Japanese trading house Sumitomo Corp. said on Friday that it will sell its entire stake in the Ambatovy nickel mine project in Madagascar, […]

Agriculture Crop and livestock yields are on the line as input costs surge Securing fertilizer at prices that won’t break the bank is becoming an ever greater challenge for Australia’s farmers since the Iran war has choked off trade through the Strait of Hormuz. © Reuters CANBERRA — Last week, farmer Sam Kelly jumped in […]

Automobiles Automaker will expand output of gasoline-powered cars as EV sales slump Nissan has canceled planned production of electric SUV models at its plant in the U.S. state of Mississippi, opting to increase output of conventional cars there. (Nikkei photo) NEW YORK — Nissan Motor is canceling its electric vehicle production plans at its plant […]

Iran was Prospects for cheaper Iranian gas and oil hinge on lifting sanctions Iranian Foreign Minister Abbas Araqchi, left, recently met with Pakistan’s army chief, Field Marshal Asim Munir, in Islamabad. (Seyed Abbas Araghchi via Telegram/Handout via Reuters) ISLAMABAD — Even after the second round of peace talks between the U.S. and Iran collapsed when the […]