Japan may introduce measures to provide tax breaks for companies converting foreign profits into the yen and include it in the government's annual mid-year policy blueprint compiled in the summer, the ... ( read original story ...)
G7 nations commit to phasing out coal by 2035 but give Japan some flexibility
Energy and environment ministers of the Group of Seven leading industrialized nations have committed to phase out coal power by 2035. ( read original story ...)
Hideo Kojima and Mads Mikkelsen Will Be at Osaka Comic Con 2024
Death Stranding Director Hideo Kojima and Mads Mikkelsen will attend Osaka Comic Con 2024, and the event will feature a talk between them. ( read original story ...)
Landlord In Little Tokyo Gentrification Battle Says New Tenant Will Be Another Restaurant
When he made the move last year to evict a beloved Little Tokyo restaurant, landlord Tony Sperl went from relative obscurity to Public Enemy No.1 with neighborhood activists. Hundreds of people petitioned or rallied against the displacement of Suehiro Cafe ... ( read original story ...)
Japan’s factory activity falls slow, PMI shows
Japan's factory activity shrank at a slower pace in April as declines in output and new orders eased, a private-sector survey showed on Wednesday. Inflationary pressure continued but firms found ... ( read original story ...)
Bank of Japan Unlikely to Change Interest Rates Rapidly, IG Says
Hebe Chen, market analyst at IG, talks about the yen and Bank of Japan policy. Japan likely conducted its first currency intervention since 2022 to prop up the yen on Monday, according to a Bloomberg ... ( read original story ...)
Yen falls after US labor costs data as eyes turn from Tokyo to Fed
The yen fell against the dollar on Tuesday, giving back a chunk of its sharp gains in the prior session sparked by suspected intervention by Japanese authorities, while U.S. economic data on employment costs boosted the dollar. ( read original story ...)
VIDEOS: Tokyo DisneySea Tests Fantasy Springs Drone Show
Tokyo Disney Resort guests caught a surprise look at a Fantasy Springs drone show this weekend as drones took to the sky above the new land for a test. Fantasy Springs Drones Instagram user @akko_4.5 and TikTok user @hannah. ( read original story ...)
G7 agrees to phase out coal power by 2035 but gives leeway
Group of Seven environment and energy ministers agreed Tuesday to gradually phase out coal-fired power plants that have no carbon dioxide emission-reducing measures in place, specifying a deadline of ... ( read original story ...)
The heatwave baking parts of Asia
Large swaths of Asia are sweltering through a heatwave that has topped temperature records from Myanmar to the Philippines and forced millions of children to stay home from school. Here are some ... ( read original story ...)
Yen retreats after US data as eyes turn from Tokyo to Fed
The yen stumbled against the dollar on Tuesday, relinquishing some of its sharp gains in the prior session sparked by suspected intervention by Japanese authorities, while a flurry of U.S. economic data largely supported the dollar. ( read original story ...)
Town builds screen to block Mount Fuji view as Japan grapples with over-tourism
The town of Fujikawaguchiko has had enough of tourists. Known for a number of scenic photo spots that offer a near-perfect shot of Japan’s iconic Mount Fuji, the town on Tuesday began to construct a large black screen on a stretch of sidewalk to block the view of the mountain. ( read original story ...)
ZTX Becomes Payment Option for Real World Medical Services In Japan
ZTX, the Web3 social metaverse platform, is partnering with Frontier, a leading Japanese operator and distributor of regenerative medicine, to offer its native ZTX token as a payment method for medical treatments. ( read original story ...)
China’s plan to be the dominant power in space is moving at breathtaking speed. The US needs to wake up, officials say.
There is a very real risk, according to experts, that the US could soon lose its status as the world's dominant space power. ( read original story ...)
To fend off tourists, a town in Japan is building a big screen blocking the view of Mount Fuji
The town of Fujikawaguchiko has had enough of tourists. Known for a number of scenic photo spots that offer a near-perfect shot of Japan’s iconic Mount Fuji, the town on Tuesday began constructing a large black screen on a stretch of a sidewalk to block the view of the mountain. ( read original story ...)
Activist investor Elliott buys stake in Japan’s Sumitomo, source says
U.S. hedge fund Elliott Management Corp has bought a stake in Sumitomo Corp worth several tens of billions of yen, a person familiar with the situation said on Tuesday. The purchase follows Warren Buffett's closely watched investment in the Japanese trading house. ( read original story ...)