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Posted on 02/08/2024

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 ...

Posted on 02/08/2024

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 ...)

Posted on 02/08/2024

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 ...)

Posted on 02/08/2024

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 ...)

Posted on 02/08/2024

‘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 ...)

Posted on 02/08/2024

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 ...)

Posted on 02/08/2024

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 ...

Posted on 02/08/2024

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.

Posted on 02/08/2024

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 ...)

Posted on 02/08/2024

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 ...)

Posted on 02/08/2024

Japan plans to raise interest rates. Investors are spooked

Japan’s Nikkei 225 suffered major losses for a second straight day on Friday with traders expecting the country’s central bank to further tighten monetary policy. ( read original story ...)

Posted on 02/08/2024

Fraudsters posing as Chinese investigators scam Osaka resident from China out of $2M

Fraudsters posing as Chinese investigative authorities swindled an Osaka Prefecture resident of Chinese nationality out of around 300 million ... ( read original story ...)

Posted on 02/08/2024

Shares sink in Japan as a tech-driven retreat on Wall St drives selling of chip makers and exporters

TOKYO -- Japan’s benchmark Nikkei 225 index has dropped nearly 6% in the worst day for Tokyo's market since the pandemic selloffs of 2020. ( read original story ...)

Posted on 02/08/2024

Former Sea Shepherd captain Paul Watson arrested on a Japanese warrant from 2012 – what next?

Two legal experts explore the arrest and potential extradition of Sea Shepherd Founder and anti-whaling activist Paul Watson on a Japanese warrant from 2010. ( read original story ...)

Posted on 02/08/2024

Japanese Stocks Fall Sharply as Yen Strengthens

Japanese stocks fell sharply as the yen strengthened following the Bank of Japan’s rate increase this week and as signs of cooling U.S. economy hit shares on Wall Street overnight.

Posted on 02/08/2024

Nippon Shokubai Announces Indonesian Subsidiary’s Plan to Expand Its Superabsorbent Polymer (SAP) Plant

NIPPON SHOKUBAI CO., LTD. (hereinafter "Nippon Shokubai") headquartered in Osaka, Japan, hereby announces that the company resolved, at its board meeting held on July 30, 2024, to give approval to an ...

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