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Japan Coast Guard Plans to Build Its Largest Patrol Vessel Ever: The new ship, an ultra-large multipurpose patrol vessel, will be around 200 meters long and will ...
thediplomat.com/2024/09/japan-coast-guard-plans-to-build-its-largest-patrol-vessel-ever/
Quick Glance: Japan Plans to Build Largest Patrol Vessel Ever
- The Japan Coast Guard is set to construct a 200-meter, 30,000-ton patrol vessel to enhance disaster response capabilities.
- An initial budget request of 3.43 billion yen for fiscal year 2025 has been made, with total construction costs estimated at 68 billion yen.
- The vessel will accommodate over 1,000 people and serve as an offshore base, though it will not be armed.
- It aims to protect citizens on remote islands during crises related to Taiwan or the disputed Senkaku Islands.
Half of Japan univ. students cut food spending as 98% feel prices too high: survey - The Mainichi
mainichi.jp/english/articles/20240907/p2a/00m/0bu/014000c
Dollar steady as traders brace for labour data deluge: The dollar held close to a two-week high against the yen and the euro on Tuesday as investors geared up ...
reuters.com/markets/currencies/dollar-steady-traders-brace-labour-data-deluge-2024-09-03/
Driven by 'kidults,' Japan's toy market tops 1 tril. yen for 1st time in FY 2023 - The Mainichi
mainichi.jp/english/articles/20240906/p2a/00m/0bu/024000c
BYD's global expansion push runs into stiff Japan test: BYD is rolling out electric-vehicle charging stations and ramping up marketing and customer incentives in ...
reuters.com/business/autos-transportation/byds-global-expansion-push-runs-into-stiff-japan-test-2024-09-05/
Japanese sushi chefs in high demand overseas, where earnings can triple - The Mainichi
mainichi.jp/english/articles/20240905/p2a/00m/0na/013000c
Workers in Japan's big 3 metro regions grab lunch for $8.50 on average, up 4 years in row - The Mainichi
mainichi.jp/english/articles/20240902/p2a/00m/0li/014000c
Morning Bid: Bracing for heavy selloff: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-pix-2024-09-08/
Online passport renewal launched: Bringing Taiwan to the World and the World to Taiwan
taipeitimes.com/News/taiwan/archives/2024/09/03/2003823206
Nikkei index falls over 3% at opening on Wall St. drop, stronger yen - The Mainichi
mainichi.jp/english/articles/20240909/p2g/00m/0bu/014000c
7-Eleven owner rejects $38.7bn buyout offer from rival: Japanese owner of convenience store giant says offer from Canadian rival ‘grossly undervalues’ firm.
bbc.com/news/articles/cz9w74dwkgno
Quick Glance: Seven & I Rejects Couche-Tard Acquisition Offer
- Seven & i Holdings Co. plans to inform Alimentation Couche-Tard Inc. that its offer for the Japanese convenience store operator is insufficient and raises competition law concerns.
- The company will outline in a letter that Couche-Tard's bid of under $15 per share does not reflect the business's value or growth strategy.
- Couche-Tard expresses a desire for constructive engagement but did not comment on Seven & i's concerns.
- A merger could face scrutiny from US competition authorities, and the Japanese government may block the deal due to national security considerations.
Japan’s Defense Ministry Requests Largest Ever Budget for Fiscal Year 2025: It is almost certain that next year’s budget, when officially approved ...
thediplomat.com/2024/08/japans-defense-ministry-requests-largest-ever-budget-for-fiscal-year-2025/
Quick Glance: Japan's Defense Ministry Seeks Record Budget for 2025
- On August 30, Japan's Defense Ministry requested 8.54 trillion yen for fiscal year 2025, marking a 7.4% increase from the previous year.
- The budget proposal outlines seven key areas for strengthening defense capabilities, including the development of long-range missiles and enhanced air and missile defense systems.
- Key requests include 970 billion yen for developing domestic counterstrike capabilities and 323.2 billion yen for building small satellite constellations for target tracking.
- The ministry also plans to convert the JS Izumo into an aircraft carrier and enhance security measures in the Nansei Islands.
More than half in Japan have received new banknotes 1 month after launch: survey - The Mainichi
mainichi.jp/english/articles/20240829/p2a/00m/0li/014000c
Quick Glance: Over Half of Japan Embraces New Banknotes
- A survey reveals that over 50% of respondents in Japan have obtained the newly introduced banknotes, the first redesign in decades.
- The updated notes feature prominent figures like Eiichi Shibusawa and Umeko Tsuda, rolled out in July 2024.
- 55.7% of respondents expressed disinterest in the new banknotes, although interest levels were more balanced among those in their 20s.
- The survey also indicates a preference for digital payment methods, particularly among men, while women showed a stronger inclination to maintain cash transactions.
Japanese stocks tumble amid U.S. tech selloff: Some analysts see Wednesday’s drop as a temporary reaction than a start of another meltdown.
japantimes.co.jp/business/2024/09/04/markets/nikkei-shares-drop/
Dollar sinks against the yen, hovers near 2½-year low to sterling: The U.S. dollar also hovered near its lowest in 13 months against the euro.
japantimes.co.jp/business/2024/08/26/markets/yen-rises-after-fed/
Dollar skids to one-month low vs yen before pivotal payrolls | The Asahi Shimbun: Breaking News, Japan News and Analysis
asahi.com/ajw/articles/15417453
Gen Xer moved from Vancouver to Japan, builds house in the countryside: He may be living in the rural countryside, but thanks to Japan's well-connected public ...
businessinsider.com/gen-xer-moved-japan-build-house-countryside-slow-life-expat-2024-9
Japanese Firm Tests Market With Riskier Bond Deal as Rates Rise: A Japanese borrower that was hit by a record loss is marketing a yen bond deal at the widest ...
trib.al/yTWPxjL
Tokyo stocks open lower on weak tech issues, stronger yen - The Mainichi: TOKYO (Kyodo) -- Tokyo stocks opened lower Thursday as technology shares tracked ...
mainichi.jp/english/articles/20240905/p2g/00m/0bu/020000c
The CPI Report Could Spark A Chain Reaction For Technology Stocks: This week's inflation report could reshape the market's thinking about monetary policy ...
seekingalpha.com/article/4719746-cpi-report-could-spark-chain-reaction-technology-stocks
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Japanese cars and beer gain ground in South Korea as relations thaw: Monthly sales of Japanese cars, including Toyota and Lexus, jumped 31% in August from a year ...
japantimes.co.jp/business/2024/09/06/companies/japanese-products-south-korea/
Quick Glance: Japanese Products Surge in South Korea Amid Thawing Relations
- Sales of Japanese cars in South Korea increased by 31% in August, driven by a shift in consumer preference towards hybrid vehicles.
- The rising popularity of Japanese goods, including beer and whisky, is attributed to improving bilateral relations and a weaker yen.
- A survey revealed that 57% of South Koreans in their 20s and 30s hold favorable views towards Japan.
- The number of South Korean travelers to Japan surged nearly 40% in the first seven months of this year.
Toyota, Nissan to expand Japan's battery production capacity, Nikkei reports: Toyota Motor , Nissan Motor and other companies will help expand Japanese ...
reuters.com/business/autos-transportation/toyota-nissan-support-japans-battery-production-capacity-nikkei-reports-2024-09-05/
Perfect storm looming large over global markets: SEOUL — The sharp drop in South Korean stocks Wednesday (September 4) demonstrated how quickly Wall Street’s ...
asiatimes.com/2024/09/perfect-storm-looming-large-over-global-markets/
Japan firms' April-June pretax profits hit record, investment up 7.4% - The Mainichi
mainichi.jp/english/articles/20240902/p2g/00m/0bu/008000c
These Five Charts Illustrate the Wild Month for Japanese Markets: Japanese markets have seen the most extreme moves in decades this month, as the yen lurched ...
bloomberg.com/news/articles/2024-08-30/these-five-charts-illustrate-the-wild-month-for-japanese-markets
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Projection mapping on Tokyo gov't building a success? Or an $11.5-million waste? - The Mainichi
mainichi.jp/english/articles/20240906/p2a/00m/0na/029000c
Japan's military to spend on AI, automation, perks to combat recruitment crisis: Japan's defence ministry on Friday said it will invest in AI, automation and ...
reuters.com/world/japan/japans-military-spend-ai-automation-perks-combat-recruitment-crisis-2024-08-30/
Taipei open to joint forces with Manila: Bringing Taiwan to the World and the World to Taiwan
taipeitimes.com/News/front/archives/2024/08/29/2003822939
Singapore dollar could weaken in coming months, analysts say: Recent declines in the US dollar led to the Singapore dollar hitting 10-year highs against the ...
channelnewsasia.com/singapore/singapore-dollar-currencies-us-fed-powell-yen-ringgit-4574151
Japanese businesses grapple with exchange rate swings: For the used car sector, the weaker yen has resulted in buyers being forced to pay higher prices due to ...
japantimes.co.jp/business/2024/09/02/companies/weak-yen-on-businesses/
Bain Capital makes counteroffer to KKR's takeover bid for Fuji Soft: TOKYO -- U.S. private investment firm Bain Capital has made a counteroffer of 600 billion ...
asia.nikkei.com/Business/Business-deals/Bain-Capital-makes-counteroffer-to-KKR-s-takeover-bid-for-Fuji-Soft
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US, China warn each other on Taiwan: Bringing Taiwan to the World and the World to Taiwan
taipeitimes.com/News/front/archives/2024/08/30/2003822990
Japan provides heavy equipment and various equipment to 4 Ukrainian cities: The Japanese International Cooperation Agency (JICA) transferred 97 units of heavy ...
pravda.com.ua/eng/news/2024/09/2/7473158/
Will This Be A September To Remember?: Over the last 95 years, September has been the worst month of the year, when it comes to seasonality ...
seekingalpha.com/article/4718805-will-this-be-september-to-remember
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Japan mulls removing tax-free limit on consumable goods purchases - The Mainichi: TOKYO (Kyodo) -- The Japan Tourism Agency said Tuesday it is considering ...
mainichi.jp/english/articles/20240827/p2g/00m/0bu/050000c
Nikkei sinks over 4% on US economy fears, 3rd biggest fall of year - The Mainichi
mainichi.jp/english/articles/20240904/p2g/00m/0bu/019000c
Stock market chaos sparked by yen carry trade unwind could resume: SocGen: Japan's expected rate hikes could restart the unwind of the yen carry trade and impact ...
markets.businessinsider.com/news/stocks/stock-market-prediction-yen-carry-trade-bank-of-japan-rates-2024-9
Japan's Daiso aims for 200 stores in India and more local sourcing: TOKYO -- Japan's Daiso Industries, the operator of a chain of 100-yen stores ...
asia.nikkei.com/Business/Consumer/Japan-s-Daiso-aims-for-200-stores-in-India-and-more-local-sourcing
Japan FY 2025 budget requests hit 117 tril. yen, new record high - The Mainichi: TOKYO (Kyodo) -- Japan's fiscal 2025 initial budget requests likely hit a record ...
mainichi.jp/english/articles/20240830/p2g/00m/0na/055000c
Safe-haven yen gains as edgy markets face US jobs test: The Japanese yen and the Swiss franc firmed against the dollar on Wednesday as investors scurried to ...
reuters.com/markets/currencies/safe-haven-yen-gains-edgy-markets-face-us-jobs-test-2024-09-04/
‘Most frugal woman’ in Japan spends RM6.10 a day on food, saves enough to buy three houses by 34
thestar.com.my/aseanplus/aseanplus-news/2024/08/27/most-frugal-woman-in-japan-spends-rm610-a-day-on-food-saves-enough-to-buy-three-houses-by-34
Japan sees record visitors for second straight month on weak yen: TOKYO (Reuters) -Japan set a second-straight monthly record for visitors in July ...
thestar.com.my/news/world/2024/08/21/japan-sees-record-visitors-for-second-straight-month-on-weak-yen
Editorial: Japan's defense budget gets another big boost, but is it sustainable? - The Mainichi
mainichi.jp/english/articles/20240906/p2a/00m/0op/013000c
Explainer: Why is Japan reviving debate on higher tax on investment income?: Japan's ruling party leadership race has revived debate on raising the country's tax ...
reuters.com/world/japan/why-is-japan-reviving-debate-higher-tax-investment-income-2024-09-06/
Yen carry trade to grow once volatility ebbs, strategists say: TOKYO -- The big yen carry trade partially responsible for the selloff in Japanese stocks earlier ...
asia.nikkei.com/Business/Markets/Currencies/Yen-carry-trade-to-grow-once-volatility-ebbs-strategists-say
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Quick Glance: Yen Carry Trade May Rise as Volatility Decreases
- The yen carry trade, which contributed to the decline in Japanese stocks, is expected to resurface as volatility diminishes.
- Strategists note that the interest rate spread between Japan and the U.S. will remain wide in the short term.
- A hawkish stance from Bank of Japan Governor Kazuo Ueda prompted speculators to unwind their yen carry trades.
- On Monday morning, the yen reached 143.59 to the dollar, the highest level since August 5.
Ex-secretary to former lawmaker with Japan LDP's Aso faction admits to pooling secret funds - The Mainichi
mainichi.jp/english/articles/20240902/p2a/00m/0na/016000c
USD/JPY Price Forecast - USD Gains Despite Labor Day Liquidity: USD/JPY rises for the fourth consecutive day, supported by US economic optimism. Click to read.
seekingalpha.com/article/4718550-usdjpy-price-forecast-usd-gains-despite-labor-day-liquidity
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Bank of Japan governor Kazuo Ueda warns global markets are ‘unstable’: No change to central bank’s basic stance on monetary easing, Ueda tells parliament
ft.com/content/b168bb8d-227d-479a-81a4-93d07d6bf4f1
Quick Glance: Bank of Japan Governor Highlights Market Instability
- Bank of Japan Governor Kazuo Ueda cautioned that global markets are unstable while reaffirming his commitment to raising interest rates if Japan's inflation and economic growth remain on track. His remarks followed a period of significant market volatility, with the yen dropping to a historic low before surging over 10 percent.
- Ueda pointed out that recent volatility was largely driven by concerns about the US economy, stressing that both domestic and international markets remain unstable. The central bank's fundamental stance is unchanged, indicating a willingness to adjust monetary policy if economic and price developments align with forecasts.
- The July decision to raise the short-term policy rate by 0.15 percentage points to 0.25 percent was defended by Ueda as a reaffirmation of the positive economic outlook. He acknowledged that while Japan's short-term rates are still low, there is a push for normalization, and uncertainty about the ultimate interest rate level persists.
- Finance Minister Shunichi Suzuki noted that the government has not officially declared an end to deflation, despite economists predicting modest rate increases by the BoJ in 2024. The July rate hike surprised many market participants and led to a significant rise in the yen, amid ongoing concerns about a potential US recession.
Japan's defense ministry seeks record budget as it faces growing threat from China
apnews.com/article/japan-defense-budget-china-missile-drones-ba6341c527f5044b6b5a749b6bdf0229
Japan's AM-One aims to raise $3.4 bln for new large-cap Japan fund: Mizuho subsidiary Asset Management One aims to raise half a trillion yen ($3 ...
reuters.com/markets/europe/japans-am-one-aims-raise-34-bln-new-large-cap-japan-fund-2024-09-03/
Why Japan Bounced Back: Having tumbled to a historic low, the yen spent July and August soaring 12% against the U.S. dollar. Click to read.
seekingalpha.com/article/4718527-why-japan-bounced-back
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Taiwan congratulates New Zealand's new Maori queen - Focus Taiwan: Taiwan's Ministry of Foreign Affairs (MOFA) on Saturday congratulated Kuini Nga Wai hono i te ...
focustaiwan.tw/politics/202409070005
Dollar doldrums deepen on dovish Fed tone before Jackson Hole: The dollar traded near the lowest in more than a year against the euro and sterling on Thursday as ...
reuters.com/markets/europe/dollar-doldrums-deepen-dovish-fed-tone-before-jackson-hole-2024-08-22/
Sony to raise PlayStation 5 price by 20% in Japan: Sony is raising the price of its PlayStation 5 (PS5) games console in Japan by about 20%, it said on Tuesday ...
reuters.com/technology/sony-raise-playstation-5-price-by-20-japan-2024-08-27/
Taiwan to co-host seminar at WTO's Public Forum in Geneva - Focus Taiwan: Taiwan will co-host a discussion session at the World Trade Organization's (WTO) Public ...
focustaiwan.tw/business/202409070008
Cost to cook curry rice rises to highest in 10 years, puts pinch on Japan’s budget-friendly food
japantoday.com/category/features/food/cost-to-cook-curry-rice-rises-to-highest-in-10-years-puts-pinch-on-japan%E28099s-budget-friendly-food
Sony hikes price of aging PlayStation 5 console in Japan by 19%: Sony said its suggested retail price for the PlayStation 5 is 79,980 yen, or $553 ...
cnbc.com/2024/08/27/sony-raises-price-of-playstation-5-in-japan-by-19percent.html
Five Things You Need to Know to Start Your Day: Americas: Good morning. US traders prepare for a busy month, metals are under pressure and there are fresh ...
bloomberg.com/news/newsletters/2024-09-03/five-things-you-need-to-know-to-start-your-day-americas
Japan's Stock Market Crash and Recovery: What Happened and What Investors Can Do: Japan's stock market suffered its biggest one-day drop since Black Monday in ...
kiplinger.com/investing/stocks/japans-stock-market-crash-and-recovery-what-happened-and-what-investors-can-do
Japan's exports grew in July on semiconductors and weak yen: TOKYO -- Japan's exports grew in value terms for the eighth month in a row in July ...
asia.nikkei.com/Economy/Trade/Japan-s-exports-grew-in-July-on-semiconductors-and-weak-yen
'I'll die if you don't lend more': Japanese woman spent $111k in alleged romance scam - The Mainichi
mainichi.jp/english/articles/20240828/p2a/00m/0na/018000c
Five Things You Need to Know to Start Your Day: Asia : Good morning. US job market shows some cracks. Dollar’s pain is yen’s gain. Wall Street is souring on ...
bloomberg.com/news/newsletters/2024-09-04/five-things-you-need-to-know-to-start-your-day-asia
Chinese Military Plane Breaches Japanese Airspace, a First: The territorial violation by China is the latest in a series of events amplifying tensions between ...
nytimes.com/2024/08/26/world/asia/china-surveillance-japan-airspace.html
Quick Glance: Japan Condemns Chinese Airspace Violation
- Japan's government labeled the incursion by a Chinese military aircraft as 'totally unacceptable' and a threat to national security.
- The incident occurred over the Danjo Islands, prompting Japan to summon the Chinese ambassador in Tokyo for a severe protest.
- Japan aims to achieve a defense budget of 2 percent of GDP by 2027 to enhance its defense strategy.
- Rising tensions between Japan and China are attributed to unresolved territorial claims and reciprocal military activities.
Japan defense ministry seeks record $58bn budget: TOKYO -- Japan's Defense Ministry asked for a record 8.54 trillion yen ($58.4 billion) in its budget ...
asia.nikkei.com/Politics/Defense/Japan-defense-ministry-seeks-record-58bn-budget
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Equities fall with U.S. Treasury yields with economic data in focus: MSCI's global equities gauge fell on Tuesday with Wall Street weighing and U.S ...
reuters.com/markets/global-markets-wrapup-1-2024-09-03/
Indiana state official to announce new office on Taiwan visit : Bringing Taiwan to the World and the World to Taiwan
taipeitimes.com/News/taiwan/archives/2024/09/04/2003823261
Dollar eases ahead of US payrolls test: The U.S. dollar eased against most major currencies on Thursday in choppy trading as investors braced for Friday's U.S ...
reuters.com/markets/currencies/dollar-wobbles-rising-bets-outsized-fed-rate-cut-2024-09-05/
Japan Inc. sells record $25bn in cross-held shares, led by Toyota: TOKYO -- Japan's publicly listed corporations sold a record 3.69 trillion yen ($25 ...
asia.nikkei.com/Business/Companies/Japan-Inc.-sells-record-25bn-in-cross-held-shares-led-by-Toyota
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US veteran moved to Japan and buys abandoned house for $35K: "Before, we were moving every few years, so our walls were never painted and we never hung up ...
businessinsider.com/us-veteran-moved-japan-abandoned-house-akiya-foreigner-renovation-2024-9
Tokyo stocks end slightly higher on solid auto issues - The Mainichi: TOKYO (Kyodo) -- Tokyo stocks ended slightly higher Monday as a weaker yen against the U.S ...
mainichi.jp/english/articles/20240902/p2g/00m/0bu/021000c
Asia shares edge up before inflation tests, oil gains: Asian shares crept cautiously higher on Monday, while the dollar and bond yields were on the wane ahead of ...
reuters.com/markets/global-markets-wrapup-1-2024-08-26/
Taiwan and Pacific allies committed to ensuring regional peace and prosperity | Taiwan News | Sep. 1, 2024 16:38
taiwannews.com.tw/en/news/5928746
Nikkei index ends at 1-month high as weak yen boosts exporters - The Mainichi: TOKYO (Kyodo) -- The Nikkei index ended Friday at its highest level in a month ...
mainichi.jp/english/articles/20240830/p2g/00m/0bu/041000c
Japan's Toyota Tsusho to develop and supply biofuels in Indonesia: TOKYO -- Japanese trading house Toyota Tsusho will develop and supply biofuels and green ...
asia.nikkei.com/Business/Energy/Japan-s-Toyota-Tsusho-to-develop-and-supply-biofuels-in-Indonesia
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'Pick a number': Strategist says the U.S. dollar will drift much lower against the Japanese yen
cnbc.com/2024/08/21/usdjpy-strategist-expects-dollar-to-drift-much-lower-against-the-yen.html
Tokyo stocks end higher as yen strength eases, Nvidia earnings weigh - The Mainichi
mainichi.jp/english/articles/20240828/p2g/00m/0bu/022000c
Japan's July exports growth lags expectations, volumes fall again: Japan's exports rose at a slightly slower pace than expected in July and shipment volumes ...
reuters.com/markets/asia/japans-july-exports-growth-lags-expectations-volumes-fall-again-2024-08-21/
August 2024: Keep Your Seatbelt Fastened: The tremors of volatility that characterized the second half of July permeated right through to the beginning of August ...
seekingalpha.com/article/4718560-august-2024-keep-your-seatbelt-fastened
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Morning Bid: Nervy end to volatile week, yen eyes breakthrough: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-pix-2024-09-05/
Taiwan signs pact with Pacific Islands Forum to extend support to 2027 - Focus Taiwan
focustaiwan.tw/politics/202409010005
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