Who will be Japan’s next PM? Ruling LDP set to begin ‘especially chaotic’ party election | Japan
A week after Japan braced for a possible massive earthquake, the biggest major change came at the heart of politics, with Prime Minister Fumio Kishida announcing his intention to step down next month. His three-year term ends at the end of September, when the ruling Liberal Democratic Party [LDP] A new president will be elected […]
Brutal Selloff Skims Froth From Japan’s $6 Trillion Stock Market – Yahoo Finance
(Bloomberg) — Japanese stocks suffered their biggest three-day drop on record in early August, wiping $1.1 trillion from their market value, giving bullish investors another reason to buy into one of the hottest trades of 2024. Most read articles on Bloomberg The hardest hit were the fastest-rising stocks, which saw their prices fall to more […]
7.1 magnitude earthquake strikes off Japan’s coast, tsunami advisory issued
A magnitude 7.1 earthquake was observed off the southern coast of Japan, and a tsunami warning was issued. The Japan Meteorological Agency said tsunamis of up to 1.6 feet were observed in parts of Kyushu and Shikoku about 30 minutes after the quake struck. Seismological service officials warned that strong aftershocks were possible for about […]
Pound hovers near one-year high; Japan’s SoftBank buys UK chipmaker Graphcore – business live | Business
Important Events Daniella Sabin HathornSenior Market Analyst at an Investment Firm Capital.comSaid: The British pound has maintained a bullish trend since the start of the preparations for the UK elections. The fact that the elections seemed easy and straightforward has given investors confidence in British assets, especially at a time of considerable political uncertainty around […]
How Japan’s newest yen note came from the Nepali mountains – CNN
Tokyo CNN — Banks across Japan on Wednesday began refilling ATMs with shiny new yen notes from an unlikely source: the bright yellow-flowering paperbush shrub that grows in the rugged Himalayan mountains of Nepal. Before finding its way into the wallets of Japanese consumers, yen notes undergo a long and complicated journey involving months of […]
Japan’s Fisheries Agency seeks to allow commercial catching of fin whales
Japan’s Fisheries Agency has proposed adding fin whales along with three smaller whale species to its commercial whaling program. The proposal comes five years after Japan resumed commercial whaling within its exclusive economic zone. Anti-whaling protests have declined since Japan moved to limited commercial whaling within its coasts. Japan’s Fisheries Agency on Thursday proposed a […]
Brazil’s Lula invites Japan’s prime minister to eat his country’s meat, and become a believer
Brazilian President Luiz Inácio Lula da Silva on Friday welcomed Japanese Prime Minister Fumio Kishida on his first visit to the country, the two sides met in the capital Brasilia, and the South American leader bought the other country’s beef. I urged him to do so. Brazil had hoped to use the bilateral talks to […]
Why has the yen fallen to a decade’s low and what does it mean for Japan’s economy? | Japan
The value of Japan’s currency has fallen significantly, returning its value to the level it was in 1990, just after Japan’s famous “bubble economy” burst. At one point on Monday, the dollar was trading at 160 yen. A few years ago, 1 dollar = nearly 100 yen. The accelerating depreciation of the yen could ultimately […]
Japan’s planning its first lunar steps with the Artemis program
The United States and Japan have signed an agreement that will change the direction of space exploration. According to the White House, In exchange for Japan providing a pressurized vehicle that would greatly expand astronauts’ ability to explore the moon, NASA plans to have two Japanese astronauts participate in future Artemis missions to the moon. […]
Biden hosting Clintons, Big Tech bigwigs at state dinner for Japan’s PM Fumio Kishida
WASHINGTON — President Biden hosted Bill and Hillary Clinton for a state dinner with billionaire Big Tech titans at the White House on Wednesday night to commemorate Prime Minister Fumio Kishida’s visit. The Clintons and actor Robert De Niro also joined them at the head table in the White House East Room, where more than […]