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Posted on 12/07/2024

Japan may have spent 3.37-3.57 trillion yen on July 11 intervention, BOJ data suggests

Bank of Japan data suggested on Friday (Jul 12). The Ministry of Finance appears to have spent around 3.37-3.57 trillion yen intervening in the market on Thursday to support the Japanese currency, the ...

Posted on 12/07/2024

Japan may have spent over $22 billion in FX intervention

Bank of Japan data suggested on Friday. The Ministry of Finance appears to have spent around 3.37-3.57 trillion yen intervening in the market on Thursday to support the Japanese currency, the data ...

Posted on 12/07/2024

Pound hovers near one-year high; Japan’s SoftBank buys UK chipmaker Graphcore – business live

Sterling boosted by UK growth data and weaker dollar; Graphcore once touted as rival to Nvidia but has struggled to secure investment. First King Charles red post box unveiled 10:03 The ... ( read original story ...)

Posted on 12/07/2024

Japan is scrambling to explain why its naval destroyer pushed into Chinese waters where Beijing was conducting live-fire drills near Taiwan

The risk of war between both nations because of this maritime incident is low, despite coming as Sino-Japanese relations remain tense, Ian Ja Chong, an assistant professor of political science at the ... ( read original story ...)

Posted on 12/07/2024

Japan is scrambling to explain why its naval destroyer pushed into Chinese waters where Beijing was conducting live-fire drills near Taiwan

The risk of war between both nations because of this maritime incident is low, despite coming as Sino-Japanese relations remain tense, Ian Ja Chong, an assistant professor of political science at the ... ( read original story ...)

Posted on 12/07/2024

Pound hovers near one-year high; Japan’s SoftBank buys UK chipmaker Graphcore – business live

Sterling boosted by UK growth data and weaker dollar; Graphcore once touted as rival to Nvidia but has struggled to secure investment. First King Charles red post box unveiled 10:03 The ... ( read original story ...)

Posted on 12/07/2024

Japan’s SoftBank acquires British AI chipmaker Graphcore

Japan's SoftBank Group has bought artificial intelligence chipmaker Graphcore for an undisclosed sum, ending long-running speculation over the company's future.Once touted as a rival to Nvidia, which ... ( read original story ...)

Posted on 12/07/2024

Onosato poised to continue rapid rise at Nagoya Grand Sumo Tournament

Summer Basho champion Onosato is undoubtedly the main attraction for the upcoming Nagoya Grand Sumo Tournament. The 24-year-old former amateur yokozuna has been on fire since turning pro 14 months ago ... ( read original story ...)

Posted on 12/07/2024

Sumo: Fast-rising Onosato has ozeki promotion on table in Nagoya

ANJO, Japan (Kyodo) -- Having risen to sekiwake after a historic maiden championship in May, 24-year-old Onosato can earn an even bigger promotion at the Nagoya Grand Sumo Tournament starting Sunday. ( read original story ...)

Posted on 12/07/2024

Ex-chief public prosecutor indicted over rape of colleague in Osaka

OSAKA (Kyodo) -- A former chief of the Osaka District Public Prosecutors Office was indicted Friday for allegedly raping a female subordinate while she was drunk. Kentaro Kitagawa, a 64-year-old ... ( read original story ...)

Posted on 12/07/2024

Tokyo’s Jingu Gaien is at the center of an urban debate amid a redevelopment rift

The redevelopment of Jingu Gaien, a green oasis in Tokyo’s city center, has been dividing opinion for years. Protesters decry the planned rebuilding of its baseball and rugby stadiums, which they say ... ( read original story ...)

Posted on 12/07/2024

Japan’s government set to trim economic growth forecast, sources say

Japan is expected to slightly cut its forecast for economic growth of 1.3% in the fiscal year ending March 2025 as consumption takes a hit from rising import costs due to a weakening yen, two ...

Posted on 12/07/2024

Japan steps up yen warnings, data suggest intervention

data released later on Friday suggested Japan may have spent up to 3.57 trillion yen ($22.4 billion) intervening in the foreign exchange market to prop up the sagging currency. Masato Kanda, who is ...

Posted on 12/07/2024

Chinese military simulations of attacks on US air bases in Japan alarms Tokyo

Satellite imagery suggesting China’s military rehearsed strikes on American facilities in Japan sparks urgent security reviews in Tokyo. ( read original story ...)

Posted on 12/07/2024

Beachgoer swept away on floating ring survives 36-hour ordeal off Japan’s coast

A beachgoer who was swept 80 kilometers (50 miles) out to sea in a floating ring has been rescued off Japan’s east coast some 36 hours after she went missing, authorities said. ( read original story ...)

Posted on 12/07/2024

Japan policymakers step up yen warnings after spike but stay mum on intervention

The yen surged nearly 3 per cent on July 11 in its biggest daily rise since late 2022 Read more at straitstimes.com.

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