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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.

​See Leo in action​

Email Leo Lewis @urbandirt  on X.com (link opens in a new browser window)
  • Monday, 4 May, 2026
    Asia-Pacific economy
    Asia’s economic pain deepens as Iran war drags on

    Sharp rise in inflation is hitting growth outlook for region heavily dependent on imported energy

    A man reclines on a blue and white Suzuki motorcycle, looking at his phone while waiting in a refuelling queue.
  • Friday, 1 May, 2026
    Life & Arts
    Lunch with the FT. Chinese dissident Li Ying: ‘Our work is about being ready for the tipping point’

    The activist known as Teacher Li on the dangerous work of cataloguing everyday life in China — and why he wants to change the CCP, not destroy it

    A drawing of a man with dark spiky hair, his head half turned away, in a McDonald’s restaurant
  • Friday, 1 May, 2026
    Japanese economy
    ‘Keep your smartphone close’: Japan puts yen market on alert for golden week action

    Sensitivity to the weak currency has risen since the eruption of war in the Middle East

    A woman walks past an electronic quotation boards displaying the foreign exchange rate of the Japanese yen against the US dollar along a street in Tokyo on May 1
  • Thursday, 30 April, 2026
    Japanese economy
    Yen soars amid reports that Tokyo intervened to support currency

    Japan’s finance minister had issued ‘final’ warning to speculators

    A man in a business suit walks past the Bank of Japan headquarters building, surrounded by greenery and city buildings.
  • Wednesday, 29 April, 2026
    SoftBank Group Corp
    SoftBank plans to list new AI and robotics company in the US

    Masayoshi Son plots IPO for business named Roze as soon as this year

    SoftBank logo displayed on a glass window with a blurred blue and purple background.
  • Tuesday, 28 April, 2026
    Bank of Japan
    Bank of Japan holds rates and raises inflation forecast on Iran war turmoil

    Three members dissent as central bank warns growth likely to slow and corporate profits to suffer

    The Japanese flag flutters in the wind at the Bank of Japan
  • Monday, 27 April, 2026
    Honda Motor Co Ltd
    Honda and the power of (broken) dreams

    A brilliant and adventurist beacon for Japanese industry in the past is now stumbling

    Leo Lewis
    The Honda 0 Series Saloon prototype, a futuristic white electric sedan, is displayed under pink and purple lighting.
  • Monday, 27 April, 2026
    Central banks
    Top central banks gamble they have time on inflation risks

    Convulsions in energy markets, often driven by Donald Trump’s posts on Truth Social, are complicating inflation forecasts

    The front of the Marriner S. Eccles Federal Reserve Board Building is partially obscured by construction fencing, with several people walking past the site.
  • Thursday, 23 April, 2026
    Japanese politics & policy
    It’s a ‘sontaku’ world — we are just living in it

    Pre-emptive interpretation of a leader’s wishes can be dangerous and reveals a vacuum where direction should be

    Leo Lewis
    An illustration showing a person in a suit receiving a drink with an umbrella, a vase with flowers and a covered dish from others
  • Tuesday, 21 April, 2026
    Japanese politics & policy
    Japan lifts ban on lethal arms exports

    Major shift from pacifist stance will allow defence contractors to target international markets

    Japanese Ground Self-Defense Forces including a tank participate in a New Year military drill in Funabashi, east of Tokyo.
  • Monday, 20 April, 2026
    Earthquakes
    Japan downgrades tsunami warning after strong earthquake

    No reports of major damage from waves that hit north-eastern coastline after magnitude 7.4 tremor

  • Monday, 20 April, 2026
    Asia maritime tensions
    China sends warships to Pacific as Japan tensions grow

    Beijing deploys naval destroyer group on same day Tokyo joins annual US-Philippine military drills

    Military officers in uniform salute during the opening ceremonies.
  • Friday, 17 April, 2026
    Japanese business & finance
    Japanese doctors warn Iran war threatens medical supplies

    Prime Minister Sanae Takaichi orders release of glove stockpile as concerns grow across Asia

    Three Japanese medical staff wearing masks and gloves prepare intravenous equipment at a hospital workstation.
  • Friday, 10 April, 2026
    Aerospace & Defence
    Canada pushes to join UK-Italy-Japan advanced fighter jet project

    Ottawa lobbying for GCAP admission as ‘observer’ in bid to distance itself from Trump’s US

    A concept model of the Global Combat Air Programme fighter jet in China Japan in 2025
  • Friday, 10 April, 2026
    Japanese politics & policy
    The Big Read. The country that can’t say no to Trump

    Tokyo is in need of a plan B to dependence on the US. There may not be one

    Donald Trump and Sanae Takaichi sit side by side in the Oval Office, surrounded by media and officials with cameras and microphones.
  • Thursday, 9 April, 2026
    Financial services
    CLSA curtails flagship Tokyo forum because of its Chinese parent

    Famed investor gathering becomes ‘access day’ with new event launched in South Korea

    Two men in business attire seated on stage, engaged in discussion at the 21st CITIC CLSA Japan Forum in Tokyo.
  • Thursday, 9 April, 2026
    Bank of Japan
    Is the BoJ ready to take Japan back to reality?

    This month’s probable rate increase is in keeping with the moment

    Leo Lewis
    Kazuo Ueda sits at a table surrounded by microphones during a news conference, wearing a dark suit and tie.
  • Saturday, 4 April, 2026
    Japanese society
    Japan cracks down on its wayward cyclists

    Enforcement regime will levy fines for infractions including using headphones and riding with one hand

    A man on a bicycle looks up at blooming cherry blossom branches in a park in Kawasaki, while riding with one hand in his pocket.
  • Thursday, 2 April, 2026
    UK defence spending
    UK, Italy and Japan sign first contract with industry for fighter jet project

    Funding limited to three months while Britain finalises delayed defence investment plan

    A life-size mock-up of the Tempest fighter jet displayed at the Farnborough Airshow, with Italian, UK and Japanese flags on it.
  • Tuesday, 31 March, 2026
    Japanese politics & policy
    Japan deploys first long-range missiles as it steps up deterrence

    Domestically built munitions with 1,000km range could reach Chinese coast

    The Type-12 land-to-ship missile launcher is shown at the Camp Kengun in the Kumamoto prefecture in western Japan
  • Monday, 30 March, 2026
    Yen
    Yen and rupee rise as Asian countries struggle to defend their currencies

    Japan’s top currency official warns ‘decisive action’ by government might soon be necessary

    A person walks past an electronic board displaying the Nikkei index and other stocks.
  • Thursday, 26 March, 2026
    Japanese politics & policy
    Why Takaichi sees opportunity amid Trump’s Pearl Harbor chaos

    The president’s shocking comment could be helpful for a prime minister seeking radical transformation of Japan

    Leo Lewis
    President Donald Trump and Japan's Prime Minister Sanae Takaichi sit and talk, smiling at each other in the Oval Office.
  • Wednesday, 25 March, 2026
    Japanese business & finance
    Reliance on imported oil squeezes Japan’s bathhouses

    Middle East conflict is hurting the world’s fifth-largest economy, which sources 90% of its crude from the region

    Crowds of people walk past electronics and ticket shops under large red and blue signs in Akihabara Electric Town, Tokyo.
  • Tuesday, 24 March, 2026
    Investment Banking
    Japan’s SMFG explores possible takeover of Jefferies

    Sumitomo Mitsui’s banking unit holds minority stake in US investment bank

    Jefferies’ logo on a screen at the New York Stock Exchange with a blurred US flag in the background.
  • Tuesday, 24 March, 2026
    Chinese foreign policy
    China’s leaders hunt for strategic gains from US quagmire in Iran

    Beijing hopes Washington’s redeployment of forces from Asia will further tip regional balance of power

    The USS Tripoli amphibious assault ship enters the Singapore Straits
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