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BUSINESSJun 23Japan Needs More than Foreign Currency InterventionEinstein famously remarked that a sign of insanity was repeating the same experiment and expecting a different result. If ever this statement had salience, it has to be in the field of foreign exchange intervention to support a flailing currency. Despite all too many past cases, including its own, of foreign exchange intervention failing to provide anything more than temporary currency support, the Bank of Japan now has added its name yet again to the list of failed foreign exchange intervention experiments. The post Japan Needs More Than Foreign Currency Intervention appeared first on AmericaAEI
BUSINESSJun 23Blackstone plans $30B investment in AI data centers in Japan, brushes off bubble concerns - NikkeiBlackstone plans a significant investment in AI data centers in Japan, an initiative that dismisses concerns about an economic bubble. This highlights major financial movements in the technology sector and economic confidence.Seeking Alpha Tech
BUSINESSJun 23Japan launches ‘supreme class’ bullet train airline-style private cabinsAlready renowned for their speed and comfort, Japan's Shinkansen bullet trains are about to become even more luxurious, with new private suites set to launch this autumn featuring lockable doors, reclining seats and dedicated Wi-Fi.EuroNews [en]
POLITICSJun 23Japanese PM Sanai Takaichi’s Guwahati visit cancelled, meetings will be hosted in DelhiEarlier in 2019, the late Japanese PM Shinzo Abe too was expected to visit Assam for a bilateral meeting with PM Modi when the event had to be cancelled because of protests related to the Citizenship Amendment ActThe Hindu
POLITICSJun 23North Korean leader criticizes Japan as turning into 'war state'North Korean leader Kim Jong Un criticized Japan as turning into a "war state" in a speech during a three-day meeting held through Monday, according to official news…Japan Today
MILITARYJun 23How Japan seeks to win over allies by rebutting China over military spendingJapanese Defence Minister Shinjiro Koizumi’s pushback against China signals a calculated bid to fend off accusations of Tokyo’s “new militarism” by Beijing to ensure that the label does not stick and slow Japan’s security reforms. His comments in recent weeks on separate instances are aimed at shaping the perceptions of Tokyo’s state partners, according to analysts. Speaking in his first published interview with foreign media as defence chief on June 17, Koizumi questioned the accuracy of...South China Morning Post
BUSINESSJun 23Japan PMI Growth Accelerates as Manufacturing Boom ExtendsJapan's Purchasing Managers' Index (PMI) growth has accelerated, indicating an extended boom in the manufacturing sector. This report signals positive economic performance for the country's industrial output.actionforex.com · United Kingdom
BUSINESSJun 23Japan's manufacturing strength offsets softer services growth in JuneJapan's manufacturing sector showed strength in June, counteracting slower growth in its services sector. This indicates a mixed economic performance for the country, with manufacturing as a key driver.Seeking Alpha Tech
POLITICSJun 23North Korea’s Kim says ‘defeated’ Japan transforming into a ‘war state’North Korean leader Kim Jong-un criticised Japan as turning into a “war state”, in a speech during a three-day meeting held through Monday, according to official news media. “Japan, a defeated country in Asia, has openly turned itself into a war state by taking the present disturbing circumstances as an opportunity to get rid of all shackles restricting its moves to become a military power,” he said, the Korean Central News Agency (KCNA) reported on Tuesday. “This is inviting a strong backlash...South China Morning Post
BUSINESSJun 23China rare - earth curbs squeeze Japanese manufacturersChina's restrictions on rare-earth exports are causing difficulties for Japanese manufacturers. This situation reflects a significant impact on global supply chains and industrial production.upi.com · United States
POLITICSJun 23Japan’s visa fee jump to hit Chinese tourists hardest, adding friction to tense tiesChinese tourists are expected to be among the hardest hit by Japan’s fivefold visa fee increase, a move analysts warned could further strain already tense relations between Beijing and Tokyo. For the first time since 1978, the Japanese government has decided to raise visa fees. The cost of a single-entry visa will increase from 3,000 yen (US$18.54) to 15,000 yen, while multiple-entry visas will jump from 6,000 yen to 30,000 yen. The new policy, which will come into effect on July 1, has been...South China Morning Post
BUSINESSJun 22Japan finance minister held emergency call with Bessent as yen nears 40 - year lowJapan's finance minister engaged in an emergency call with Bessent as the yen approached a 40-year low. This highlights urgent concerns over currency stability and potential economic intervention.investinglive.com
MILITARYJun 22Japan’s defence outreach to counter China’s military rise hits hidden roadblocksJapan seized the spotlight at last month’s Shangri-La Dialogue, stepping into a vacuum left by the Chinese defence chief – who skipped the forum for a second year – and using the stage to sharpen its warnings over Beijing’s military rise. Speaking in Singapore on May 31, the final day of the security forum, Japan’s Defence Minister Shinjiro Koizumi pushed back against Beijing’s accusation that Japan is engaging in a “new militarism” and instead took aim at China’s growing military capabilities...South China Morning Post
HEALTHJun 22Japan university eyes clinical trials for womb transplantsA medical university in Aichi Prefecture said Monday it will prepare to conduct clinical trials for womb transplants within the next few years. Fujita Health University said it…Japan Today
WORLDJun 22Japan to increase visa fees by more than five times starting on 1 JulyJapan wants to help manage the rising costs of its immigration system by making tourist visas significantly more expensive in the first fee increase in nearly half a century.EuroNews [en]
WORLDJun 22Slimy beans : Japanese natto disgusts and delights the worldJapanese natto, a food known for its slimy texture, is described as both polarizing and globally recognized for its unique qualities.news.tuoitre.vn
POLITICSJun 22In her first India trip as Japan PM, Sanae Takaichi likely to visit Guwahati on July 1-3Indian Express
CONFLICTJun 22China says it warned off multiple Japanese ‘provocations’ during aircraft carrier drillsChina has accused Japanese warplanes and ships of carrying out multiple “provocations” and surveillance operations during a carrier group’s deployment to the western Pacific for live-fire exercises. State broadcaster CCTV released a video on Monday showing at least four “close-range” encounters, and said the Liaoning carrier group had “warned off” the warships and surveillance planes. It included footage of Japanese warships as well as clips of aircraft, at least one of which appeared to have...South China Morning Post
POLITICSJun 22Elephants’ transfer to Japan sparks Malaysia’s corruption inquiryThree elephants whose transfer from Malaysia to Japan earlier this year sparked public anger over their alleged mistreatment are now at the centre of a corruption investigation over claims that Putrajaya did not receive the money linked to the move. The Malaysian Anti-Corruption Commission (MACC) said on Monday it had opened a formal investigation into the movement of the elephants – Dara, Amoi and Kelat – from Zoo Taiping in the northern state of Perak to Tennoji Zoo in Osaka. MACC said it was...South China Morning Post
MILITARYJun 22Japan’s latest live-fire drill is about offence, not defence: PLA DailyChina’s military mouthpiece on Monday warned that the weapons and operational methods seen in Japan’s largest annual live-fire drill symbolised the Self-Defence Force’s acceleration towards offensive capabilities as part of its military expansion. “Japan’s military forces will become more offensive, more dangerous and more oriented towards actual combat. Japan will race forward on the road of ‘re-militarisation’,” according to the article in PLA Daily. The warning came as tensions between...South China Morning Post
MILITARYJun 22Japan revived military - industrial complex poses growing threat to peaceThe article suggests that Japan's revitalized military-industrial complex is increasingly perceived as a threat to global peace. It discusses the implications of Japan's defense industry growth.en.people.cn · China
WORLDJun 22Japan's 2nd World Cup match draws 30.2% viewership in Tokyo areaViewership for the terrestrial broadcast of Japan's second World Cup Group F match against Tunisia averaged 30.2 percent in the Kanto region surrounding Tokyo, an audience research firm…Japan Today
WORLDJun 22Japanese natto disgusts and delights the worldSticky, translucent strings dangle from Wesley Smith's chopsticks as the American tourist relishes his natto, the loved-and-hated Japanese fermented soybean superfood going global one mouthful at a time.…Japan Today
BUSINESSJun 22Japan quintuples visa fees in first price hike since 1978Authorities say they do not expect the hikes to have an "immediate impact on inbound tourism".BBC World