Tokyo—Japanese Finance Minister Satsuki Katayama announced Tuesday that she and U.S. Treasury Secretary Scott Bessent agreed to closely monitor currency market movements following Japan’s recent yen intervention to counter depreciation against the…
Category: Asia
Japanese criminals now using crabs to hunt for burglary targets
With its consecutive national holidays, Golden Week is one of those long-awaited periods in Japan, with many people eager to leave behind their daily stresses and get away from it all. However,…
Japan Bus Driver with Crash History Arrested in Fatal Student Accident
A 68-year-old bus driver, Tetsuo Wakayama, faces negligent driving charges after a minibus he was operating crashed into a guardrail on Fukushima’s Banetsu Expressway, killing a 17-year-old high school tennis player from…
Yokozuna Onosato, ozeki Aonishiki withdraw from sumo tournament
Yokozuna Onosato and Ukrainian-born ozeki Aonishiki have withdrawn from the upcoming Summer Grand Sumo Tournament, it was confirmed Friday after neither was named in the list of bouts for the first two…
Japan real wages rise for 3rd straight month but outpaced by price rises
Japan’s inflation-adjusted wages grew by 1.0 percent year-on-year in March, marking the third consecutive month of real wage increases as companies with healthy profit margins work to attract and retain workers through…
Nikkei ends at record high above 62,000, logging highest single-day point gain
Japan’s Nikkei 225 stock index closed at a record high above 62,000 on Thursday, achieving its largest single-day point gain ever of over 3,300 points. Market Performance The Nikkei rose 3,320.72 points,…
Indonesia, Japan sign defense cooperation agreement
Indonesia and Japan formalized a new defense partnership on Monday, encompassing collaboration in the defense industry, personnel training, and disaster response, according to officials. Indonesian Defense Minister Sjafrie Sjamsoeddin and his Japanese…
Japan electoral reform may be shelved after ruling bloc’s big win
Japan’s governing coalition under Prime Minister Sanae Takaichi faces growing skepticism over whether it will follow through on pledged electoral reforms, particularly after the ruling Liberal Democratic Party’s commanding performance in the…
Japan’s National Diet Building to Undergo First Renovation in Nine Decades
Japan’s parliament building in central Tokyo is preparing for its most substantial overhaul since its construction nearly a century ago, driven by growing concerns about its structural resilience in one of the…
Japan Urges Iran to Bend as Hormuz Standoff Drags On
Japan’s Foreign Minister Toshimitsu Motegi pressed his Iranian counterpart to adopt a more conciliatory stance during a phone conversation on Saturday, as the diplomatic deadlock between Washington and Tehran over the Strait…