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Leo Lewis

Tokyo Bureau Chief

Leo Lewis is the Financial Times’ Tokyo bureau chief. Until the August 2024 market turmoil, he wrote award-winning columns and features as Asia Business Editor; and was previously the FT’s Tokyo correspondent, covering financial markets, investment, banking, and a broad sweep of Japanese industry. His experience of Japan and Asia is extensive – before becoming a journalist and working in London for the Independent on Sunday newspaper, he graduated in Oriental Studies. Roles at The Times (of London) included five years as Beijing bureau chief during a period that covered the rise of Xi Jinping.
Email Leo Lewis @urbandirt  on Twitter (link opens in a new browser window)
  • Wednesday, 11 December, 2024
    US politics & policy
    Biden administration split over US Steel deal

    Pentagon, Treasury and state department all conclude $15bn Nippon Steel acquisition poses no national security risk

  • Wednesday, 11 December, 2024
    Private equity
    Bain launches $4.3bn counterbid against KKR for Japan’s Fuji Soft

    Takeover battle between private equity firms could trigger wave of aggressive dealmaking in Tokyo

    Bain Capital logo on a blue screen
  • Wednesday, 11 December, 2024
    South Korea Politics & Policy
    South Korean upheaval rattles US plan to counter China

    Washington’s attempt to build alliance in east Asia could founder if a left-wing president succeeds Yoon Suk Yeol

    A protester holds a sign reading: ‘Arrest Yoon Suk Yeol’
  • Tuesday, 10 December, 2024
    Nippon Life Insurance Co
    Nippon Life in talks to buy Resolution Life for $8.2bn in jumbo insurance deal

    Acquisition would be largest-ever overseas agreement by Japanese insurer

    Nippon Life’s logo is displayed at the company’s headquarters in Tokyo
  • Monday, 9 December, 2024
    News in-depthNomura Holdings Inc
    Scandal of attempted murder shakes Nomura’s doorstep sales army

    Violence against elderly couple comes as Japanese bank tries to convince customers to invest in riskier assets

    Kentaro Okuda
  • Thursday, 5 December, 2024
    Japanese business & finance
    US dealmaker Lichtenstein considers return to a less hostile Japan

    Financier sparked backlash with takeover attempts but country has become more receptive to foreign funds

    Warren Lichtenstein
  • Wednesday, 4 December, 2024
    Geopolitics
    South Korea’s tumult is a symptom of China-US strife

    As the globalisation-friendly world order fades, its new geoeconomic course is fraught with risk

    South Korea’s main opposition Democratic Party leader Lee Jae-myung, bottom center, shout slogans during a rally against President Yoon Suk Yeol at the National Assembly in Seoul, South Korea
  • Wednesday, 4 December, 2024
    The Big Read
    Japan’s audacious bid to become a semiconductor superpower

    The government is backing a start-up that aims to upend the economics and geography of the microchip industry. Does it have a chance of success?

    Montage image of Atsuyoshi Koike
  • Monday, 2 December, 2024
    Retail & Consumer industry
    Fast Retailing shares fall over fears for Uniqlo stores in China

    Fashion retailer is concerned founder’s remarks on Xinjiang cotton could trigger boycott and hit more than 1,000 outlets

    The employee bends down under the mannequins to make an adjustment
  • Friday, 29 November, 2024
    Yen
    Yen strengthens past ¥150 against dollar on BoJ rate rise expectations

    Japanese currency’s rally makes it one of the best performing among G10 group this week

  • Friday, 29 November, 2024
    InterviewJapanese economy
    Japan’s pub king turns to fast food as customers ditch boozy nights out

    Watami chief says he is changing direction from ‘izakayas’ after buying Subway in the country

    Miki Watanabe
  • Tuesday, 26 November, 2024
    Shigeru Ishiba
    Japanese prime minister’s portfolio outpaces stock benchmark

    Shigeru Ishiba is struggling as a politician but excelling as an investor, disclosures reveal

    Japan’s Prime Minister Shigeru Ishiba
  • Sunday, 24 November, 2024
    News in-depthJapanese politics & policy
    Japan’s $250bn stimulus plan seeks to encourage more work and spending

    Sharp raising of threshold before earnings are taxed is key measure in first major initiative of new Ishiba government

    Shigeru Ishiba
  • Thursday, 21 November, 2024
    Japanese business & finance
    Japan urgently needs to plug its CFO deficit

    Investors expect to deal with people fluent in shareholder-focused language

    Illustration of five business people sitting along one side of a table. The man in the middle has no head and the other four are looking at him
  • Tuesday, 19 November, 2024
    Elliott Management Corp
    Elliott Management bets on Japan property with 5% stake in Tokyo Gas

    US activist investor plans to push Japanese company to offload some of its $9bn real estate portfolio

    Bill Murray and Scarlett Johansson in the film ‘Lost in Translation’
  • Monday, 18 November, 2024
    Mergers & Acquisitions
    KKR and Bain’s $4bn takeover battle set to open up M&A in Japan

    Bankers say clash of private equity titans augurs new phase of ‘hostile’ dealmaking in country

    A Fuji Soft robot
  • Thursday, 14 November, 2024
    Mitsubishi UFJ Financial Group Inc
    MUFG chief says Japanese lender on track to become one of world’s biggest banks

    Hironori Kamezawa says Japan’s normalisation of monetary policy expected to benefit lenders

    Hironori Kamezawa speaks during an interview
  • Thursday, 14 November, 2024
    Special ReportBest Employers: Asia-Pacific
    Curbs on long hours spur Japanese companies to tackle productivity

    The government’s campaign against overwork could have far-reaching consequences for businesses and consumers

    A crowd of commuters walk towards the camera at Shinagawa Station, Tokyo
  • Wednesday, 13 November, 2024
    Seven & i Holdings Co Ltd
    7-Eleven starts talks with ACT on $47bn takeover bid as ‘white knight’ emerges

    Japanese convenience store operator receives rival buyout offer from members of founding family

    A woman walks past a 7-Eleven sign in Tokyo
  • Tuesday, 12 November, 2024
    Nissan Motor Co Ltd
    Nissan shares jump after activist investor takes stake

    Hedge fund Effissimo Capital is known for high-profile campaigns against big Japanese companies

    Workers wearing helmets and protective gear are seen assembling a vehicle on the production line at the Nissan Tochigi plant in Japan
  • Monday, 11 November, 2024
    Japanese politics & policy
    Ishiba wins vote to stay as Japanese premier despite election drubbing

    Country left with fragile minority government at a time of mounting geopolitical and economic uncertainty

    Shigeru Ishiba smiles in the centre of the image. He is surrounded by smiling Japanese politicians
  • Friday, 8 November, 2024
    News in-depthDonald Trump
    Flattery, distraction and golf: world leaders dust off their Trump playbooks

    Handling the US president-elect’s erratic personality seen as key to future relations with Washington

    Montage featuring Andrzej Duda Giorgia Meloni, Ursula von der Leyen and Emmanuel Macron in front of the US flag
  • Friday, 8 November, 2024
    Japanese politics & policy
    Japan’s new kingmaker pushes for income tax threshold rise

    Yuichiro Tamaki’s once-fringe DPP has leverage over Prime Minister Shigeru Ishiba’s weakened ruling party

    Yuichiro Tamaki speaks during an interview in Tokyo on Friday
  • Friday, 8 November, 2024
    Japanese business & finance
    Japan is having a moment but will it survive Trump?

    Some believe the country’s economy could benefit from the result of the US election

    Montage of Tokyo Stock Exchange, a silhouette of Donald Trump, and an upward arrow with Yen symbols
  • Thursday, 7 November, 2024
    Yen
    Japanese official warns on ‘excess moves’ in yen after Trump win boosts dollar

    Asian currencies under pressure following US election

    Japanese 10,000 yen banknotes and US 100 dollar bills are arranged side by side.
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