Japanese authorities spent 5.53 trillion yen ($36.8 billion)intervening in the foreign exchange market this month to pull the yen off 38-year lows, official data showed on Wednesday. ( read original story ...)
Japan Spent $36.6 Billion to Prop Up Yen in Past Month
Japan’s currency intervention to support the yen in the past month was worth ¥5.5 trillion ($36.6 billion), as the government showed its willingness to counter speculators betting against the yen. ( read original story ...)
Easy Japanese news in translation: Bottlenose dolphin born at aquarium in Yokohama
A baby bottlenose dolphin was born at Yokohama Hakkeijima Sea Paradise, an aquarium in Kanagawa Prefecture. The animal is 1 meter long and weighs 20 k ... ( read original story ...)
1 dead and dozens sickened after eating roasted eel from a Japanese department store
One person has died and nearly 150 others have been sickened after eating grilled eel prepared by a restaurant chain and sold at a department store near Tokyo ... ( read original story ...)
Is it heatstroke or COVID? Central Japan emergency medical responders on high alert
Medical personnel in central Japan are on guard as the "11th wave" of coronavirus infections and the intense summer heat simultaneously hit the country, making it difficult to immediately distinguish ... ( read original story ...)
Bank of Japan raises its key interest rate, aiming to curb yen’s slide against the dollar
TOKYO -- The Bank of Japan raised its key interest rate Wednesday to about .25% from zero to about 0.1%, acting to curb the yen’s slide against the U.S. dollar. ( read original story ...)
Parkway Life Reit acquires Osaka nursing home property for 2.4 billion yen
Parkway Life Real Estate Investment Trust (Reit) is acquiring a nursing home property in Osaka, Japan, for 2.4 billion yen (S$20.7 million), its manager said on Tuesday (Jul 30). Read more at The Business Times. ( read original story ...)
Japan hikes interest rates for second time since 2007
Japan's central bank has raised the cost of borrowing for the second time this year as it tries to ease rising prices in the world's fourth largest economy. The Bank of Japan (BoJ) increased its key ... ( read original story ...)
Japan’s transport ministry to issue corrective order to Toyota, NHK says
Japan's transport ministry is planning to issue a corrective order to Toyota Motor due to violations in the company's vehicle certification procedures, public broadcaster NHK said on Wednesday. ( read original story ...)
US-Japan Alliance Robust Regardless of Election, Ambassador Emanuel Says
Deepening security integration between the US and Japan will help ensure ties between the allies remain strong regardless of political changes, Washington’s top envoy to Japan said. ( read original story ...)
Forget Mount Fuji. Here are 5 underrated day trips to take from Tokyo, according to a Japanese local.
Efforts have been made to avoid overcrowding around Mount Fuji. Day trips can be taken from Tokyo to Kegon Falls in Nikko or hot springs in Atami. ( read original story ...)
Four-Day Total Viewing of Olympics up 77% over Tokyo
STAMFORD, Conn. —NBCUniversal’s coverage of the Paris Olympics continues to draw large audiences with four-day total viewership average up 77% from Tokyo Olympics and its Monday July 29 coverage delivering 31.3 million viewers on NBC, Peacock, and across key NBCU platforms according to official data from Nielsen and Adobe Analytics. ( read original story ...)
Courtyard by Marriott Hotel opens in Sapporo
A Courtyard by Marriott hotel has opened in Sapporo, Hokkaido. Located in the city’s beautiful Nakajima Park area, the Courtyard by Marriott Sapporo is just a three-minute walk from the Nakajima Koen ... ( read original story ...)
Japan’s Chip Startup Is Right to Shoot for the Moon
Japan’s state-backed chip startup Rapidus has a similarly long-shot ambition. In a country that currently produces 40 nanometer semiconductors, the two-year-old venture has the goal of leapfrogging generations of innovation and producing bleeding-edge 2 nanometer chips in 2027. ( read original story ...)
Bank of Japan to outline bond taper plan, debate rate hike timing
The Bank of Japan is expected to detail plans to taper its huge bond buying on Wednesday and debate whether to raise interest rates, signalling its resolve to steadily unwind a decade of massive monetary stimulus. ( read original story ...)
Woman dies, around 150 people in Japan fall ill in Yokohama food poisoning bout
Around 150 people in Japan were struck ill and a woman died after eating grilled eel from a popular restaurant in Yokohama, said the Japanese city’s health authorities on July 29. ( read original story ...)