Shares in Europe and Asia tumbled Friday, with Japan’s Nikkei 225 index slumping 5.8% as investors panicked over signs of weakness in the U.S. economy. Bracing for a highly anticipated employment ... ( read original story ...)
Nikkei slides 6% as Japan stocks now back to January levels
World shares tumbled Friday, with Japan’s Nikkei 225 index slumping 5.8% as investors panicked over signs of weakness in the U.S. economy.
Commercial Property Transactions in Japan Dive 25 Percent Annually in Q2
Global property consultant CBRE reported this week that Japan's commercial real estate transaction volume for Q2 2024 decreased by 25% year-over-year to JPY 663.0 billion. ( read original story ...)
Japan’s Bank Stocks Log Worst Day Since Pandemic After Rate Hike
Banking stocks, which have been driving the rally in Japanese equities, suffered the biggest drop since March 2020, as investors moved to take profit following the Bank of Japan’s rate hike.
17-year-old girl sues Sapporo gov’t for inadequate response to bullying at school
A 17-year-old girl filed a lawsuit against the Sapporo Municipal Government on July 30, seeking 5.5 million yen (some $36,700) in damages, ･･･ ... ( read original story ...)
World Cosplay Summit kicks off in Nagoya
The World Cosplay Summit 2024 kicked off Friday in Nagoya, with representatives from 36 countries and regions descending on the central Japan city dressed in highly elaborate costumes of characters ... ( read original story ...)
The end of the ‘carry trade’? How Japan’s yen could be ripping through U.S. stocks
The key driver of global markets is the yen exchange rate, according to one financial historian. Russell Napier, co-founder of the investment research portal ERIC, said in a recent installment of his "Solid Ground" macro strategy report that investors have been provided with a glimpse of the impact a change in Japanese monetary policy can ...
OLYMPICS/ JOC, Sapporo announce decision to abandon bid for 2030 Winter Games
The two officials said they will continue to seek Sapporo’s possible candidacy for 2034 or later, but chances are considered slim and their talk for 2034 is seen as an attempt to save face. ( read original story ...)
1 dead over fatal accident at pier in Japan’s Yokohama
TOKYO, Aug. 2 (Xinhua) -- A container on Friday morning fell from a crane onto a truck at a pier in the Japanese port city of Yokohama, just south of Tokyo, resulting in the death of the driver. ( read original story ...)
The Untold Stories of WWII’s Atomic Bomb Plans and the Tragic Tale of the Demon Core
The United States had, toward the last phase of World War II, planned out its atomic bomb attacks against Japan rather meticulously, with a list of targets that would evolve. The Target Committee ... ( read original story ...)
‘We need to define our future’: Little Tokyo evolves and survives
Once an immigrant hub, this vibrant downtown district is a tourist destination where a 121-year-old mochi shop co-exists with sneaker shops. ( read original story ...)
Rocketing property prices in Tokyo could be worsening fertility rate
Couples in Tokyo are having a hard time affording homes with enough space for children, possibly compounding Japan's record low fertility rate. ( read original story ...)
Japan stocks plunge 5% to fresh intraday low since February
TOKYO -- Japanese stocks extended losses Friday morning following a sell-off in U.S. stocks overnight. The benchmark Nikkei Stock Average plunged to 36,107.29 at one point, down 2019.04 points, or 5%, from the previous day's closing, marking a fresh ...
Japan Finance Minister eyes Yen rebound to lower import costs
Japan's Finance Minister Shunichi Suzuki expressed optimism that the yen's recent rebound could help reduce import costs, highlighting the government's close monitoring of foreign exchange movements.
Tokyo’s cherry blossom festival is an attraction you can’t miss
Tokyo, Japan, transforms into a pink paradise as the cherry blossoms, or sakura, spectacularly bloom across the city. The Cherry Blossom Festival, known locally as hanami, warmly invites both locals and tourists to enjoy the fleeting beauty of these flowers. ( read original story ...)
Japan’s stock rout shows a ‘fundamental shift’ is underway, Goldman Sachs’ equity strategist says
On Friday itself, the Nikkei 225 and the Topix indexes saw their worst days since March 2020, falling more than 5%, according to Factset data. ( read original story ...)