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Read previewThis as-told-to essay is based on a conversation with Cyrus Yongbanthom, a 27-year-old assistant language teacher who moved from Kentucky to Japan. My mom was in the military, so we moved around a lot — it's hard to say where I'm from exactly. I feel like I'm really living life, and I'm focusing on the work and hobbies I want to do. Leaving America and moving to Japan was the greatest decision I made last year. If you moved states or countries and want to share your story, email Jennifer Eum at jeum@businessinsider.com.
Persons: , Cyrus Yongbanthom, I've, I'm, Jennifer Eum Organizations: Service, Business Locations: Kentucky, Japan, Peru, Kagoshima, Kyushu, Tokyo, Kagoshima and Kentucky, America, United States, I'm, jeum@businessinsider.com
But these are some of the real faces of the kamikaze that line the walls of the Kanoya Air Base museum and the Chiran Peace Museum, both located on Japan’s Kyushu island. Three women look at photos of Japanese kamikaze pilots, who gave their lives in WWII suicide attacks against US forces, hanging on a wall at the Chiran Peace Museum. A re-creation of a bunker where kamikaze pilots spent their last night before their missions on the grounds of the Chiran Peace Museum. Brad Lendon/CNNAlso among the pictures on the walls of the Chiran museum is one of an American, Capt. Kenta Torihama, great-grandson of Tome Torihama, a confidant of the kamikaze pilots, outside his restaurant near the Chiran Peace Museum.
Persons: It’s, David Guttenfelder, Yasuo Tanaka, Torao Kato, , , Yoshio Itsui, Itsui, ” Itsui, , , Brad Lendon, Masaji, ” Takano, Adm, Takijiro, General Yoshisugu Saito, Shigeaki, Tome Torihama, Kenta Torihama, it’s, Saigo Takamori, Saigo Organizations: Japan CNN, Kanoya Air Base, Self, Defense Force, Young Boy Pilots, CNN, US Army, Pacific, Visitors, Kanoya, Base, US Navy, Heritage Command, US Defense Department, Atomic Heritage Foundation Locations: Kagoshima, Japan, Kyushu, Chiran, Hawaii, Europe, Okinawa, Imperial, East, Southeast Asia, Saipan, American, Taiwan, Philippines, Kagoshima prefecture, Kagoshima city, Fukuoka
[1/2] A floating object believed to belong to the U.S. military aircraft V-22 Osprey that crashed into the sea is seen off Yakushima Island, Kagoshima prefecture, western Japan November 30, 2023, in this photo taken by Kyodo. Mandatory credit Kyodo via REUTERS Acquire Licensing RightsWASHINGTON/TOKYO, Dec 4 (Reuters) - U.S. and Japanese dive teams found the remains of five more crew members from a V-22 Osprey aircraft that crashed off western Japan last week, the Pentagon said on Monday. Two crew members remain unaccounted for. "There is an ongoing combined effort to recover the remaining crew members from the wreckage," Pentagon spokesperson Sabrina Singh said. Following the crash, the U.S. military unit that the V-22 Osprey aircraft belonged to suspended flight operations.
Persons: Sabrina Singh, Phil Stewart, Satoshi Sugiyama, Bernadette Baum, Alison Williams Organizations: Kyodo, REUTERS Acquire, WASHINGTON, Osprey, Pentagon, U.S ., ., U.S, Pacifist Japan, U.S . Marine Corps, Thomson Locations: Kagoshima prefecture, Japan, TOKYO, Yakushima, Tokyo, U.S, Washington
Japan, a key U.S. ally, had sought the suspension of all non-emergency V-22 Osprey flights over its territory after one fell into the sea on Wednesday in western Japan. Japan's Coast Guard has said one person was found and confirmed dead, and the search for the remaining seven aboard continues. The Pentagon said on Thursday that it was still flying Ospreys for now, and that it was not aware of any official request for their grounding. "We are concerned that despite our repeated requests, and in the absence of sufficient explanation (from the U.S. military), the Osprey continues to fly," he told a news conference. The Japan Self-Defense Forces (SDF), which also operates Ospreys, has said it would suspend flights of the transport aircraft.
Persons: Hirokazu Matsuno, Yoko Kamikawa, Rahm Emanuel, Robert Dujarric, Dujarric, Mariko Katsumura, John Geddie, Chang, Ran Kim, Gerry Doyle Organizations: Kyodo, REUTERS Acquire, Rights, Japan's Coast Guard, Pentagon, Ospreys, U.S ., Japan Self - Defense Forces, U.S, Pacifist Japan, U.S . Marine Corps, Tokyo's Temple University, Thomson Locations: Kagoshima prefecture, Japan, U.S, Tokyo
A Japan Coast Guard vessel and a helicopter conduct a search and rescue operation at the site where a U.S. military aircraft V-22 Osprey crashed into the sea off Yakushima Island, Kagoshima prefecture, Japan November 30, 2023, in this photo taken by Kyodo. The Japan Self-Defense Forces (SDF), which also operates Ospreys, will suspend flights of the transport aircraft until the circumstances of the incident are clarified, another senior defence ministry official said in parliament. A spokesperson for U.S. military forces in Japan did not immediately respond to a request for comment. The deployment of the aircraft in Japan has been controversial, with critics of the U.S. military presence in the southwest islands saying it is prone to accidents. The last fatal U.S. military aircraft crash in Japan was 2018, when a mid-air collision during a training exercise killed six people, according to the defence ministry.
Persons: Minoru Kihara, Witnesses, Chang, Ran Kim, Kantaro Komiya, Tim Kelly, John Geddie, Kim Coghill, Gerry Doyle Organizations: Japan Coast Guard, Kyodo, REUTERS Acquire, Rights, U.S . Air Force, U.S, Ospreys, Japan Self - Defense Forces, Boeing, Bell Helicopter, Marines, Navy, U.S . Marine Corps, Osprey, Thomson Locations: Kagoshima prefecture, Japan, U.S, Australia, Okinawa
(Photo by Smith Collection/Gado/Getty Images)A U.S. military Osprey aircraft crashed into the ocean near Yakushima Island in Japan with six personnel onboard Wednesday, the local coast guard said. A spokesperson for the regional coast guard in Kagoshima Prefecture said that one person who was brought to hospital had been confirmed dead. A caller reported that an Osprey aircraft of unknown affiliation had crashed at around 2:47 p.m. local time on Nov. 29, a coast guard spokesperson told NBC News. The Osprey aircraft, which has vertical take-off and landing as well as long-range, high-speed capabilities, has been involved in a spate of recent incidents. Three U.S. Marines died in August when a MV-22B Osprey tilt-rotor aircraft crashed off the coast of northern Australia, with 23 on board.
Persons: Dominick A Cremeans, Smith Organizations: Osprey, NBC News, ., NHK, CNBC, U.S, Marines, NATO Locations: Iwo Jima, U.S, Yakushima, Japan, Kagoshima Prefecture, Japanese, Australia, California, Norway
TOKYO (AP) — A U.S. military Osprey aircraft carrying eight people crashed Wednesday into the sea off southern Japan, and the Japanese coast guard is heading to the site for search and rescue operations, officials said. Details about what happened to the Osprey and to the people on board were not immediately known, coast guard spokesperson Kazuo Ogawa said. The coast guard received an emergency call from a fishing boat near the crash site off Yakushima, an island south of Kagoshima on the southern main island of Kyushu, he said. Political Cartoons View All 1270 ImagesA U.S. Marine Corps Osprey aircraft with 23 Marines aboard crashed on a north Australian island in August, killing at least three and critically injuring at least five during a multinational training exercise. There have been at least five fatal crashes of Marine Ospreys since 2012, causing a total of at least 19 deaths.
Persons: Kazuo Ogawa Organizations: TOKYO, , Osprey, U.S . Marine Corps, Navy, Air Force, . Marine Corps, Marines, Marine Ospreys Locations: U.S, Japan, Kagoshima, Kyushu, Iwakuni, Okinawa
TOKYO (AP) — Japan plans to suspend its own Osprey flights after a U.S. Air Force Osprey based in Japan crashed into waters off the southern coast during a training mission, officials said Thursday. A U.S. Air Force Osprey based in Japan crashed during a training mission Wednesday off of the country’s southern coast, killing at least one of the eight crew members. The cause of the crash and the status of the seven others on board were not immediately known, Japanese coast guard spokesperson Kazuo Ogawa said. Coast guard aircraft and patrol boats found one male crew member, who was later pronounced dead by a doctor, Ogawa said. While the U.S. Marine Corps flies most of the Ospreys based in Japan, the Air Force also has some deployed there.
Persons: Taro Yamato, Kazuo Ogawa, Denny Tamaki, Ogawa, Hirokazu Matsuno, Hiroyuki Miyazawa, ___ Copp Organizations: TOKYO, U.S . Air Force, Ospreys, Defense Ministry, Gov, NHK, U.S . Air Force Special, Command, Yokota Air Base, 353rd, Operations, U.S . Marine Corps Air, Iwakuni, Kadena Air Base, Japanese, Defense, U.S . Forces Japan, Fifth Air Force, Yokota, U.S . Marine Corps, Air Force, Air Force Special Operations Command, Osprey, Marine Corps, Navy, Marine Corps Osprey, U.S . Marine, Marines Locations: Japan, Tokyo, U.S, Okinawa, Kagoshima, Kyushu, Coast, Yakushima, Yamaguchi prefecture, Australian, Washington
A U.S. military aircraft crashed near a small island off the coast of southern Japan on Wednesday with six people onboard. Japan’s Coast Guard said that at least one of those onboard had been confirmed dead. The aircraft, a CV-22 Osprey operated by the U.S. Air Force, crashed close to 3 p.m. near Yakushima, according to a spokesman for the Japanese Coast Guard, which is conducting a rescue operation. It was initially thought that eight people were aboard the craft. The crash came just three months after three U.S. Marines died in another Osprey accident during a training exercise in Australia.
Persons: Hiroyuki Miyazawa, Hiroki Shimano Organizations: U.S, Japan’s Coast Guard, U.S . Air Force, Japanese Coast Guard, Marines, Osprey Locations: Japan, Yakushima, Australia, Kagoshima
The U.S. military said the mishap occurred during a routine training mission off the shores of Yakushima Island, about 1,040 km (650 miles) southwest of the capital Tokyo. Another Osprey thought to have been travelling with the crashed aircraft landed safely at the island's airport on Wednesday afternoon, a spokesperson for the local government said. Japan, which also operates Osprey aircraft, said on Wednesday it had asked the U.S. military to investigate the crash. The deployment of the hybrid aircraft in Japan has been controversial, with critics saying it is prone to accidents. In August, a U.S. Osprey crashed off the coast of northern Australia while transporting troops during a routine military exercise, killing three U.S. Marines.
Persons: Kiyoshi Takenaka, Tim Kelly, Kantaro, Idrees Ali, Phil Stewart, John Geddie, David Dolan, Gerry Doyle, Nick Macfie, Deepa Babington Organizations: Japan Coast Guard, Yakushima Fisheries Cooperative, . Air Force Special, Command, United, ., Boeing, Bell Helicopter, U.S . Air Force, Marines, Navy, Japan Self - Defense Forces, Osprey, U.S, Thomson Locations: Kagoshima prefecture, Japan, TOKYO, U.S, Yakushima, Tokyo, Japan's, United States, Taiwan, Okinawa, Australia
Tokyo CNN —A US military Osprey aircraft crashed off the coast of Japan’s Yakushima Island in southern Kagoshima prefecture on Wednesday, with eight people on board, according to a spokesperson from the Japan Coast Guard. ET), said the spokesperson, adding the 10th Regional Coast Guard Headquarters has dispatched a patrol boat and aircraft to the crash area. It is the latest deadly crash to involve an Osprey military aircraft, with numerous accidents reported over the years. In 2022, five US Marines died after their MV-22B Osprey plane crashed during a training mission near Glamis, California. The same year four US service members were killed when their Osprey crashed during NATO training exercises in Norway.
Persons: Cedric Leighton Organizations: Tokyo CNN, Osprey, Japan Coast Guard, Coast Guard, Regional Coast Guard Headquarters, NATO, CNN, US Air Force Locations: Japan’s, Kagoshima prefecture, Australia, Glamis , California, Norway
At least one person was killed when a US Osprey aircraft crashed near Japan. AdvertisementAt least one person has died after a US Osprey aircraft crashed off the coast of Japan on Wednesday, the latest in a string of fatal military accidents. In 2022, five US Marines were killed when an Osprey crashed during training exercises near Glamis, California. In 2022, four US Marines were killed when an Osprey crashed during NATO training exercises in Norway. In 2017, three US Marines were killed when an Osprey crashed attempting to land on a transport ship off Australia's northern coast.
Persons: Organizations: US Osprey, Service, Osprey, Reuters, CNN, US, US Marines, NATO, The Quincy Institute Locations: Japan, Yakushima, Kagoshima, Australia, Glamis , California, Norway, US
TOKUNOSHIMA, Japan, Nov 19 (Reuters) - Japanese marines in amphibious assault vehicles stormed an island beach at the edge of the East China Sea on Sunday in a simulated attack to dislodge invaders from territory that Tokyo worries is vulnerable to attack from China. Other troops arrived in semi-inflatable rubber boats, with heavy equipment carried to shore on military hovercraft. [1/5]A Japanese Ground Self-Defense Force's Amphibious Rapid Deployment Brigade (ARDB) soldier takes part in a marine landing drill as a part of the country's nationwide 05JX military exercises at Tokunoshima island, Kagoshima prefecture, southwestern Japan, November 19, 2023. Kishida has warned that East Asia could be the next Ukraine, if China, emboldened by Russia's assault on its neighbour, attacks Taiwan. But the yen's sharp decline this year has forced Japan to cut back on some planned purchases, including new models of the U.S.-made Chinook helicopters that Japan's military used in the Tokunoshima drill.
Persons: Yoshihide Yoshida, Issei Kato, Fumio Kishida, Kishida, Tim Kelly, William Mallard Organizations: Self - Defence Forces, Joint Staff, Defence Force, Defense Force, Defense, Rapid Deployment Brigade, REUTERS, U.S, Thomson Locations: TOKUNOSHIMA, Japan, East, Tokyo, China, Russia, North Korea, Tokunoshima, Kagoshima prefecture, Taiwan, Asia, Ukraine, U.S, Beijing
From this viewpoint, Japan is closely watching the situation with serious concern," she added when asked about Japan's oil dependence on the Middle East, which supplies more than 90% of its needs. G7 finance ministers, who were meeting in Morocco as events escalated, issued a brief statement on the attacks on Oct. 12. Japan was "standing one step behind the United States and some European countries", added Isamu Nakashima, associate research fellow at the Middle East Institute of Japan. "The through line of Japan's Middle East policy has been maintaining the flow of energy imports from the region," said David Boling, a director at consulting firm Eurasia Group. While the United States is Japan's closest ally, when it comes to the Middle East, Tokyo will be very wary of being seen as its proxy, said Shuji Hosaka, board member of the Institute of Energy Economics Japan.
Persons: Yoko Kamikawa, Fumio Kishida, Isamu Nakashima, David Boling, Shuji Hosaka, John Geddie, Yoshifumi Takemoto, Tim Kelly, Tetsushi Kajimoto, Ekaterina Golubkova, Kiyoshi Takenaka, Kentaro Sugiyama, Alex Richardson Organizations: Petroleum, Kyodo, Tokyo, Reuters, Middle East Institute of Japan, Middle, Energy, Eurasia Group, U.S, Institute of Energy Economics Japan, Thomson Locations: Kagoshima prefecture, Japan, TOKYO, Israel, Tokyo, Gaza, Iran, Hezbollah, Syria, Morocco, United States, U.S, Saudi Arabia, East
An H2-A rocket carrying a small lunar surface probe and other objects lifts off from the Tanegashima Space Centre on Tanegashima island, Kagoshima prefecture on September 7, 2023. Last month, Japan's Aerospace Exploration Agency (JAXA) launched a lunar exploration spacecraft from its Tanegashima Space Center. Japan also discarded efforts to land its Omotenashi spacecraft on the moon in November after failing to stabilize communication. Japan's success this time around could be a leap for space exploration more broadly. "It shows that they are learning from their mistakes — a very important aspect of space exploration," said Behar, who is also Phillip and Sarah Gotlieb Memorial Chair at the Technion–Israel Institute of Technology.
Persons: Kari Bingen, Bingen, Smart Lander, SLIM, Ehud Behar, Norman, Helen Asher, Behar, Phillip, Sarah Gotlieb, We've Organizations: Press, Afp, Getty, Japan, Aerospace Security, International Security, Center for Strategic, International Studies, Japan's Aerospace Exploration Agency, JAXA, SpaceX, Cape Canaveral Space Force, Anadolu Agency, Helen Asher Space Research, Technion – Israel Institute of Technology, Artemis Accords, Artemis, Capital, Nurphoto Locations: Tanegashima, Kagoshima prefecture, Japan, Cape Canaveral , Florida, India, China, U.S, Bingen, South, Shanghai
The plaintiffs, in their 50s and 80s, were living in Kumamoto and nearby Kagoshima at the time of the mercury poisoning and later moved to Osaka and elsewhere in western Japan. Their symptoms, including numbness of the limbs, were typical of the mercury poisoning and cannot be explained by any other cause, the ruling said. It is one of Japan's worst environmental disasters and became an international symbol of environmental damage and corruption behind Japan’s rise to economic prominence. The central government had argued that there was no evidence to prove the plaintiffs suffered from Minamata disease. A 2004 Supreme Court ruling held the government responsible for allowing the pollution to continue for years after its discovery, prompting renewed calls for the government to expand the scope of support.
Persons: , Judge Yuki Tatsuno, , , Yoshie Maeda, Yoshiyuki Tokui, Hirokazu Matsuno Organizations: TOKYO, Wednesday, Court, Chisso Corp Locations: Kumamoto prefecture, Osaka, Kumamoto, Kagoshima, Japan, Minamata, Kyushu, Tokyo, Niigata
An H2-A rocket carrying a small lunar surface probe and other objects lifts off from the Tanegashima Space Centre on Tanegashima island, Kagoshima prefecture on September 7, 2023. Japan launched a rocket Thursday carrying an X-ray telescope that will explore the origins of the universe as well as a small lunar lander. The launch of the HII-A rocket from Tanegashima Space Center in southwestern Japan was shown on live video by the Japan Aerospace Exploration Agency, known as JAXA. "We have a liftoff," the narrator at JAXA said as the rocket flew up in a burst of smoke then flew over the Pacific. That information helps in studying how celestial objects were formed, and hopefully can lead to solving the mystery of how the universe was created, JAXA says.
Persons: Ray, David Alexander Organizations: Space, Japan Aerospace Exploration Agency, JAXA, Ray Imaging, NASA, Rice Space, Rice University Locations: Tanegashima, Kagoshima prefecture, Japan
Even as the import ban kicked in, tables were filled at Japanese restaurant Fumi in Hong Kong on August 24, 2023. Kathleen Magramo/CNNHours before China’s announcement, the Asian financial center of Hong Kong – a semi-autonomous Chinese city – imposed its own ban on aquatic product imports from 10 Japanese regions including Tokyo and Fukushima. Japanese Prime Minister Fumio Kishida has reportedly “strongly” requested via diplomatic channels that China “immediately overturn” the ban. Still, Fei too thought that the bans from China and Hong Kong would have limited impact on Japanese trade. Consequently, even considering the reputational damage for Japanese seafood products, Japan’s overall exports will not be materially undermined,” Fei said.
Persons: “ It’s, , Thomason Ng, Fumi’s, , Kathleen Magramo, Japan’s, Masanobu Sakamoto, Fumio Kishida, ” Sakamoto, , Nigel Marks, there’s, CNN “ It’s, ” Marks, David Krofcheck, ” Krofcheck, Stefan Angrick, Angrick, That’s, China “, Fei Xue, Fei, ” Fei, restaurateurs, Hong Kong’s, Cara Man, we’ll Organizations: CNN, Hong Kong’s, East China, Fisherman’s Cooperative Association, ” “ Fishermen, Japanese, Tokyo Electric Power Company, TEPCO, Curtin University, University of Auckland, World Health Organization, Moody’s, Economist Intelligence Unit, “ Seafood Locations: Hong, Hong Kong’s Central, Fumi, Asia, Japan, China, Fukushima, Hong Kong, Tokyo, Weibo, East, Beijing, Australia, Ocean, South Korea, Taiwan, New Zealand, Japanese, Central, Japan’s Hokkaido, Kyushu, Kagoshima, Norway, Canada
[1/4] Passersby walk in a heavy rain and wind caused by Typhoon Khanun in Kagoshima on Japan's third-largest island Kyushu, August 8, 2023, in this photo taken by Kyodo. Mandatory credit Kyodo via REUTERSTOKYO, Aug 9 (Reuters) - Heavy rain from Typhoon Khanun pounded southern Japan on Wednesday as another storm approached from the east to possibly threaten Tokyo just as thousands of people prepare to travel during the peak summer holiday season. The JMA issued heavy rain and high wind warnings to many parts of southern and western Japan. Railway operator West Japan Railway Co (9021.T) has also suspended some of its Shinkansen bullet train service in Kyushu. A second storm, Lan, had formed in the Pacific Ocean south of Japan and was predicted to strengthen as it heads north, possibly affecting Tokyo early next week, JMA said.
Persons: Typhoon, Khanun, Mariko Katsumura, Elaine, Miral Organizations: Kyodo, REUTERS, Japan Meteorological Agency, JMA, Railway, Japan Railway Co, Thomson Locations: Kagoshima, Japan's, Kyushu, REUTERS TOKYO, Japan, Tokyo, Okinawa
Meandering Typhoon Khanun targets Japan again amid record heat
  + stars: | 2023-08-05 | by ( ) www.reuters.com   time to read: +2 min
A view of a damaged car and a fallen tree after the heavy rain and strong winds brought by Typhoon Khanun in Chatan, Okinawa Prefecture, Japan August 2, 2023, in this screengrab obtained from a social media video. Highlighting increased abnormal weather blamed on climate change, temperatures hit 40 degrees Celsius (104 F) in the city of Date in Fukushima prefecture, the highest this year in Japan. Khanun, which has killed three people and injured more than 70 in Okinawa prefecture, was about 100 km (60 miles) west of Kagoshima prefecture Tokuno Island at 5 p.m. (0800 GMT). Footage on public broadcaster NHK showed a dozens of cars submerged and houses flooded in Naha, Okinawa's capital. Reporting by Tetsushi Kajimoto; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.
Persons: Typhoon Khanun, Khanun, Tetsushi Kajimoto, William Mallard Organizations: Meteorological Agency, JMA, Authorities, NHK, Thomson Locations: Chatan, Okinawa Prefecture, Japan, Okinawa, Date, Fukushima prefecture, Okinawa prefecture, Kagoshima, Tokuno, Shikoku, Amami, Kyushu, Naha, Okinawa's, Kinki, Tokai
TOKYO, Aug 2 (Reuters) - High winds hit power lines in Japan's popular tourist destination Okinawa, knocking out electricity to more than 200,000 households on Wednesday morning, as powerful and slow-moving typhoon Khanun neared the country's southwestern islands. A man was crushed under a collapsed garage and went into cardiac arrest, according to the Fire and Disaster Management Agency. A man was crushed under a collapsed garage and went into cardiac arrest, according to the Fire and Disaster Management Agency. Local utility Okinawa Electric Power (9511.T) said 212,530 households, or 34% of all houses covered, were experiencing power outages as of 10:55 a.m. Japan time (0155 GMT), according to its website. Kyushu Electric Power (9508.T) said power supply was down for 10,030 houses in Amami islands in Kagoshima prefecture, north of Okinawa.
Persons: Co's, Khanun, Kantaro Komiya, Sonali Paul Organizations: Disaster Management Agency, Japan Meteorological Agency, Local, Okinawa Electric, Kyushu Electric Power, Mobile, SoftBank Corp, Kadena Air Base, Thomson Locations: TOKYO, Okinawa, Japan's, Tokyo, Japan, Amami, Kagoshima prefecture, Naha, Okinawa's, U.S, East China, Zhejiang, Taiwan, Kyushu, China, Philippines
"If market conditions don't change much from now, the chance of us tweaking yield curve control in July to arrest any distortion in the yield curve will be small," he said. The remarks were the strongest yet from a BOJ policymaker ruling out the chance of a policy tweak at the next meeting scheduled on July 27-28. Adachi said the BOJ must look at consumer price data for July onward to judge whether inflation was overshooting its baseline scenario. But there's high uncertainty over our baseline inflation outlook, so it's premature to tweak monetary policy," he said in a speech to Kagoshima business leaders. "The BOJ must humbly monitor price and wage developments, and respond not too quickly, but also not too slowly" the second member said.
Persons: Seiji Adachi, Adachi, Kazuo Ueda, Leika, Shri Navaratnam, Sam Holmes Organizations: Bank of Japan, Thomson Locations: KAGOSHIMA, Japan, Kagoshima
KAGOSHIMA, Japan, June 21 (Reuters) - Bank of Japan board member Seiji Adachi said it was too early to phase out ultra-loose monetary policy due to uncertainty over the price outlook, brushing aside expectations of an early tweak to its controversial yield curve control policy. "Amid huge uncertainty over the price outlook, there are upside and downside risks. "When considering whether it's appropriate to change monetary policy, we must carefully take into account such risks," he said. Adachi said distortions in the shape of the yield curve have dissolved, arguing that there was no need to tweak YCC now. But there's high uncertainty over our baseline inflation outlook, so it's premature to tweak monetary policy," he said.
Persons: Seiji Adachi, Adachi, Leika, Shri Navaratnam, Sam Holmes Organizations: Bank of Japan, Thomson Locations: KAGOSHIMA, Japan, U.S, Kagoshima
At 36, Isechi Makoto finally feels like he can start living life. Like many Japanese millennials, Isechi is content with living life as it is, happy to stay afloat as they watched their nation endure crippling economic crises and natural disasters. In comparison, the US is home to 72 million millennials, while China has around 400 million millennials. Insider spoke to three millennials in Japan, as well as two economists, to better understand the generation. Our findings about their career aspirations, their spending habits, and their financial decision-making speak to the typical millennial in Japan, but not every millennial.
Persons: Isechi Makoto, Isechi, he's Organizations: Pew Research Center Locations: Hokkaido, Kagoshima, Osaka, Japan, China
Asia-Pacific markets are trading mixed as the region looks to economic data from several countries, including Japan and Australia. South Korea's Kospi traded close to the flatline on Wednesday, while the Kosdaq saw a 0.49% gain. In Australia, the S&P/ASX 200 slipped 0.79%, dragged by mining stocks as investors await the nation's wage price index later today. The wage price index measures changes in the price of labor in Australia, and is a key metric when the country considers its monetary policy. In Hong Kong, futures for the Hang Seng index were at 19,884, lower than the HSI's last close of 19,978.25.
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