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☆ Japan stocks lead gains in Asia markets as renewed rate cut hopes lift sentiment
▼ + stars: | 2024-05-10 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Cherry trees in bloom near the Nippon Budokan in Tokyo, Japan, on Sunday, April 7, 2024. Bloomberg | Bloomberg | Getty ImagesJapan led gains in Asia-Pacific markets on Friday after stronger-than-expected, year-on-year consumer spending data, and as renewed rate cut hopes by the U.S. Federal Reserve bolster market sentiment. Japan's overall household spending in March fell 1.2% year on year, less than the 2.4% expected by a Reuters poll of economists. However, on a month-on-month basis, household spending rose 1.2%, compared with estimates of a 0.3% drop. Should the index reach the futures level, it would be its highest in about nine months.

Persons: Cherry, Kospi Organizations: Nippon Budokan, Bloomberg, Getty Images Japan, U.S . Federal Reserve, Nikkei Locations: Tokyo, Japan, Asia, Pacific

Asia-Pacific markets were mixed on Friday as investors in Asia look to the Bank of Japan's policy decision and inflation figures out of Tokyo. Thirteen economists polled by Reuters unanimously forecast that the BOJ will leave its monetary policy unchanged. Tokyo's headline inflation rate for April came in at 1.8%, slowing from the 2.6% in March. Core inflation in the capital — which strips out prices of fresh food — sharply fell to 1.6% from March's 2.4%, missing expectations of 2.2% from economists polled by Reuters. Tokyo inflation data is widely considered as a leading indicator of nationwide trends.

Persons: Cherry Organizations: Nippon Budokan, Bank of, Reuters Locations: Tokyo, Japan, Asia, Pacific

☆ The Beatles created a painting together while on tour in Japan. It sold at auction for $1.7 million
▼ + stars: | 2023-12-21 | by ( Radhika Marya | ) edition.cnn.com time to read: +7 min

The Beatles arrive at Tokyo's airport for their brief tour of Japan in 1966. Each corner of the painting reflects a personal touch, with plenty of variety in shapes, colors and even the paints used. Jiji Press/AFP/Getty Images/FileAfter its completion, the painting was acquired by Tetsusaburo Shimoyama, an entertainment industry executive who was then the chairman of Tokyo’s Beatles fan club. “Images of a Woman” was part of Christie’s “Exceptional Sale,” a yearly auction event held in New York, London and Paris. The Beatles perform during a concert at the Nippon Budokan in Tokyo in 1966.

Persons: ”, Casey Rogers, ” Rogers, “, it’s, …, Paul McCartney, John Lennon, Beatle, Robert Whitaker, Brian Epstein, Lennon, McCartney, George Harrison, Ringo Starr, Christie’s, Harrison, Starr, Rogers, Jiji Press, Tetsusaburo Shimoyama, Takao Nishino, Nishino, Beatlemania, “ they’re, ’ Organizations: CNN, Beatles, Japan’s, Nippon Budokan, Tokyo Hilton, Keystone, Jiji, Getty, ”, Budokan Locations: Tokyo, New York, Japan, France, London, Paris, San

TOKYO — Even as world leaders gathered in Tokyo for the funeral of assassinated former Japanese prime minister Shinzo Abe on Tuesday, there were protests against the lavish proceedings. But the state funeral for Japan’s longest-serving prime minister, who was shot and killed while campaigning in Nara on July 8, takes place in a country deeply divided over the former leader’s legacy. In that sense, I would like to once again offer my sincere condolences to former Prime Minister Abe, who was killed by a bullet,” its leader Kenta Izumi said Tuesday. The decision on whether to hold a state funeral is usually subject to parliamentary deliberation, which was not the case for Abe's service. Around 800 people protested the state funeral at a major train station on Monday evening, according to broadcaster NTV.

☆ Shinzo Abe State Funeral Brings World Leaders to Japan
▼ + stars: | 2022-09-27 | by ( Alastair Gale | Miho Inada | ) www.wsj.com time to read: 1 min

A temporary altar was set up for the public to pay respects outside the Nippon Budokan, site of Shinzo Abe’s funeral. TOKYO—World leaders gathered Tuesday for the state funeral of Japan’s longest-serving prime minister, Shinzo Abe , who was killed by an assassin’s bullet in July. Vice President Kamala Harris leads the U.S. delegation, which includes three former ambassadors to Japan and the current ambassador, Rahm Emanuel .

A portrait of Shinzo Abe hangs above the stage during the state funeral for Japan's former prime minister Shinzo Abe on September 27, 2022 at the Budokan in Tokyo, Japan. Several current and former heads of state visited Japan for the state funeral of Abe, who was assassinated in July while campaigning on a street. read moreIn one part of downtown Tokyo, protesters waved signs and chanted "No state funeral" to the tune of a guitar. DIVISIVE FIGUREJapan's longest-serving prime minister was a divisive figure who was dogged by scandals. read moreThe state funeral for Abe, who received a private funeral days after his assassination, was the first for an ex-premier since one in 1967 for former Prime Minister Shigeru Yoshida.

☆ Morning Bid: A BoE Bitter Pill?
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +2 min

A commuter emerges from the London Underground near to the Bank of England, in London, Britain, September 26, 2022. The cost of money is moving so fast that mortgagees can't keep up and have pulled products to reprice them. Register now for FREE unlimited access to Reuters.com RegisterThe Bank of England said it wouldn't hesitate to raise rates. What that means, exactly, will be tested from 1100 GMT when chief economist Huw Pill appears at a panel event. Asia on Tuesday took profits on the U.S. dollar's surge and bid up stock futures a little bit, but signs of stress abound.

Mourners offer flowers at the altar outside Nippon Budokan Hall which will host a state funeral for former Prime Minister Shinzo Abe in Tokyo, Japan September 27, 2022. REUTERS/Issei KatoTOKYO, Sept 27 (Reuters) - Two months after he was assassinated, Shinzo Abe is still stirring controversy, evidence of how the polarising former premier's legacy is shaping Japanese politics on everything from defence to monetary policy. Japan's longest-serving prime minister was a divisive figure who was dogged by scandals. That's a reflection of how Abe transformed both the LDP and Japan's policy landscape, experts say. That could mean more of the ultra-loose policy and fiscal stimulus set in motion under "Abenomics".

☆ Japan prepares to bid farewell to slain Abe with controversial state funeral
▼ + stars: | 2022-09-26 | by ( Elaine Lies | ) www.reuters.com time to read: +3 min

Mourners offer flowers at the altar outside Nippon Budokan Hall which will host a state funeral for former Prime Minister Shinzo Abe in Tokyo, Japan September 27, 2022. REUTERS/Issei KatoTOKYO, Sept 27 (Reuters) - Japan will honour on Tuesday its assassinated former Prime Minister Shinzo Abe, a polarising figure who dominated modern-day politics as its longest-serving leader, with a rare state funeral that has become nearly as divisive as he was. "It has a completely different meaning to a funeral for ordinary people. The sole Group of Seven leader set to join, Canadian Prime Minister Justin Trudeau, cancelled in order to tackle a natural disaster at home. read moreThe state funeral for Abe, who received a private funeral days after his assassination, is the first since one in 1967 for former Prime Minister Shigeru Yoshida.

☆ Factbox: Tokyo tightens security for slain Shinzo Abe's funeral
▼ + stars: | 2022-09-25 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Issei KatoTOKYO, Sept 25 (Reuters) - Japan's state funeral for former Prime Minister Shinzo Abe on Tuesday is under the spotlight as authorities seek to avoid the kind of security blunders exposed in his assassination in July. Japanese authorities – including Prime Minister Fumio Kishida - have acknowledged security flaws contributed to Abe's death. Canadian Prime Minister Justin Trudeau cancelled his planned attendance to focus on responding to a powerful storm. - The government plans to spend 1.65 billion yen ($11.5 million) on the funeral, including 800 million yen on security and 600 million yen to host foreign delegations. The high cost has partly fuelled a public backlash against the taxpayer-funded funeral at a time of economic hardship for many.

☆ Japan's funeral for divisive slain PM Shinzo Abe fuels backlash
▼ + stars: | 2022-09-23 | by ( Elaine Lies | ) www.reuters.com time to read: +4 min

Some 62% of respondents in a recent poll by the Mainichi newspaper said they opposed holding a state funeral for Abe. Holding a state funeral "was a big miscalculation" for Kishida, said Tomoaki Iwai, an expert on Japanese politics and professor emeritus at Nihon University. The opposition to the funeral reflects how divisive Abe remains in Japanese society. A private funeral for Abe was held on July 12, four days after his killing. About 50 heads of state or government are expected, and media reports say Kishida may meet with around 30 of these.

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