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July 16, 2024
 

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JAPANESE

The yen’s depreciation is largely down to the gap in interest rates between the U.S. and Japan. Therefore, U.S. Federal Reserve Chair Jerome Powell is, to all intents and purposes, “Mr. Yen.”
COMMENTARY / Japan
Jul 1, 2024
There’s a new 'Mr. Yen' in town
No matter what the Bank of Japan or the Finance Ministry do, ultimate control over the yen's value lies in the hands of U.S. Federal Reserve Chair Jerome Powell.
Japan's most expensive plot of land lies in front of Kyukyodo stationery store in Tokyo's Ginza shopping district, according to National Tax Agency statistics.
BUSINESS / Economy
Jul 1, 2024
Japan's land prices rise at fastest pace since 2010, tax agency says
Average land prices climbed 2.3% last year, rising for the third straight year.
Business sentiment among large manufacturers in Japan in the April-June quarter improved for the first time in two quarters, but the mood among big service-sector firms worsened for the first time in four years, according to a Bank of Japan survey.
BUSINESS / Economy
Jul 1, 2024
Japan's shaky business mood and GDP downgrade cloud BOJ hike timing
A mixed economic outlook complicates the BOJ's decision on how soon to raise interest rates, analysts say.
Market participants project the pace of Japan’s stock market rally to slow in the second half of this year.
BUSINESS / Markets
Jun 30, 2024
Japan’s stock rally is forecast to slow in second half of 2024
The benchmark Topix index will climb about 2.9% by the end of the year, while the 225-issue Nikkei average will rise about 4.8%, according to projections.
Hu Youping
JAPAN / Crime & Legal
Jun 29, 2024
Chinese woman who tried to stop attack that injured Japanese dies
The woman, a guide for a Japanese school bus, was slashed as she tried to keep a knife-wielding man from boarding the bus, which was filled with children.
American sprinter Noah Lyles poses with a "Yu-Gi-Oh!" card after winning at the U.S. Olympic track-and-field finals on Sunday. The image went viral, once again showing the popularity of Japanese cultural exports like manga.
COMMENTARY / Japan
Jun 28, 2024
Blackstone sees billions in manga. You should too.
Investment firm Blackstone's move to buy manga platform Mecha Comics, betting on the strength of Japan's soft power, looks further ahead than other players have.
A building that houses the Fukuoka District Court
JAPAN / Crime & Legal
Jun 28, 2024
Man in Fukuoka given 20 years in prison for stalking and murdering ex-girlfriend
The man admitted to stabbing Miki Kawano, 38, to death but denied the stalking charge, saying he stabbed her in a sudden outburst.
A group of 14 investors filed a lawsuit Friday against Mitsubishi UFJ Morgan Stanley Securities, seeking to recover losses after Credit Suisse’s riskiest bonds sold to them turned worthless.
BUSINESS / Companies
Jun 28, 2024
MUFG unit sued again in Japan over Credit Suisse AT1 losses
The 14 plaintiffs are demanding a combined ¥1.37 billion ($8.5 million) in compensation.
People protest near the Diet building in Tokyo in May 2020 against a bill to raise prosecutors’ retirement age.
JAPAN / Crime & Legal
Jun 28, 2024
Nondisclosure of prosecutor tenure extension records reversed
The case was in relation to a former head of the Tokyo High Public Prosecutor's Office.
A building housing the Public Prosecutor's Office in Tokyo's Chiyoda Ward
JAPAN / Crime & Legal
Jun 28, 2024
Japan names Naomi Unemoto as first female prosecutor-general
With the appointment, which takes effect July 9, Unemoto, 61, will succeed current Prosecutor-General Yukio Kai, who will retire.
A monitor at a foreign exchange brokerage in Tokyo shows the yen falling below ¥161 against the dollar on Friday morning.
BUSINESS / Markets
Jun 28, 2024
Japan names new forex diplomat as yen hits 38-year low
Atsushi Mimura, a financial regulation veteran, replaces Masato Kanda, who launched the biggest yen-buying intervention on record this year.
Manami Takarajima (left) at the Osaki Police Station in Tokyo's Shinagawa Ward on Thursday following her arrest
JAPAN / Crime & Legal
Jun 28, 2024
Daughter arrested over alleged involvement in killing her parents
The 31-year-old is the seventh person to be arrested over the murders.
Core inflation in Tokyo accelerated in June on rising fuel bills and the boost to import costs from a weak yen, keeping alive expectations for a near-term interest rate hike by the central bank.
BUSINESS / Economy
Jun 28, 2024
Tokyo inflation quickens, keeping BOJ on track for rate hike
Consumer prices excluding fresh food rose 2.1% in the capital, accelerating from 1.9% in May.
The rate of the yen against the U.S. dollar is displayed in Tokyo on Thursday.
BUSINESS
Jun 27, 2024
Foreign funds sell Japan’s stocks, longest run in 15 months
Foreign investors sold net ¥21.4 billion ($133 million) of cash equities in the week that ended June 21.
Tsuguhiko Kadokawa (center) and his lawyers head to the Tokyo District Court on Thursday to file the lawsuit against the state.
JAPAN / Crime & Legal
Jun 27, 2024
Ex-Kadokawa chairman files lawsuit over 'hostage justice' system
Tsuguhiko Kadokawa, 80, is seeking ¥220 million in damages in the civil lawsuit after he was detained for 226 days before being released in April 2023.
The rate of the yen against the dollar displayed in the trading room at foreign exchange brokerage Gaitame.com in Tokyo on Thursday.
BUSINESS / Markets
Jun 27, 2024
Yen taken back to the '80s by messaging missteps and loss of confidence
Some analysts see the speculative fever as unsustainable, and that any signs of U.S. inflation falling faster than expected could allow a dramatic comeback.
The share of stocks and investment trusts in Japanese household assets rose to a record high of 19.7% at the end of March.
BUSINESS / Economy
Jun 27, 2024
Japan inflation spurs record shift to household assets in stocks
Households have been coping with a surge in inflation over the past two years.
Shimpei Tominaga ran a furniture trading firm in Udine, a city famous for hosting the Far East Film Festival, the biggest Asian film festival outside of Asia.
JAPAN / Crime & Legal
Jun 27, 2024
Italian city honors Japanese man who died after trying to break up a fight
The mayor of Udine proclaimed a day of mourning on Wednesday in honor of Shimpei Tominaga, a 56-year-old businessman who ran a furniture trading firm in the city.
The yen fell as much as 0.4% to ¥160.39 per dollar on Wednesday, extending losses this year to around 12%.
BUSINESS
Jun 26, 2024
Yen’s tumble to weakest since 1986 boosts risk of intervention
The Japanese currency fell as much as 0.4% to ¥160.39 per dollar on Wednesday, extending losses this year to around 12%.
Three people were confirmed dead after being found lying unconscious near a crater of Mount Fuji on Wednesday.
JAPAN
Jun 26, 2024
Three confirmed dead on Mount Fuji ahead of climbing season
During the July-September hiking season, more than 220,000 visitors trudge up Fuji's steep, rocky slopes.
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.
How to tweak your diet when temperatures spike
Most people think of hydration as a strictly liquid-based concept, but eating foods with high water content is an essential part of making it through a Japanese summer unscathed.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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Omron helping firms achieve carbon neutrality

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