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☆ Gloom, nervousness and joy: What Trump’s victory means for key world regions
▼ + stars: | 2024-11-06 | by ( Cnn Staff | ) edition.cnn.com time to read: +23 min

He also believes Russia is also betting on “US turmoil” under Trump, hoping internal divisions will “distract” Trump from foreign policy. Zelensky, like the others playing to Trump’s vanity through praise, said: “I appreciate President Trump’s commitment to the ‘peace through strength’ approach in global affairs. Those are the central questions now facing Seoul, as Trump has openly considered downsizing the approximately 28,500 US troops stationed in South Korea. Seoul currently pays $1.13 billion annually for American military forces within its territory, a figure which under an agreement signed Monday is expected to rise to $1.26 billion annually in 2026. A screens shows live footage of Donald Trump speaking during a news program in Seoul, South Korea, on November 6, 2024.

Persons: Donald Trump, Trump, CNN’s Clare Sebastian, Vladimir Putin, Hillary Clinton, Clinton, Putin wryly, Joe Biden, Vance’s, Pavel Bednyakov, AP “ Trump, ”, Dmitry Medvedev, Margarita Simonyan, “ Trump, Dmitry Peskov, “, ” Boris Bondarev, ” Trump, Matthew Chance, Benjamin Netanyahu, ” Netanyahu, Biden, –, Kamala Harris –, Trump’s, Amir Levy, trepidation, America’s, Nic Robertson, Annalena Baerbock, Baerbock, Remko de, Mark Rutte, Jens Stoltenberg’s, Stoltenberg, Putin, ” Baerbock, Steven Jiang, Xi Jinping didn’t, Xi, Washington’s, Florence Lo, Harris, Will Ripley, Lai Ching, Vance, Lai, Taiwan’s, Kamala Harris, Chiang Ying, Mike Valerio, they’d, They’d, Camp Humphreys, Lee Jin, Will Trump, Kim Jong, Robert C, Kim, Larry Madowo, Ghana Trump, Uhuru Kenyatta, Akinwumi Adesina, Osinbajo, Hailemariam Desalegn, Jonathan Ernst, George W, Bush, It’s, Stefano Pozzebon, Javier Milei, El, Nayib Bukele, Bolsonaro, Gustavo Petro, Mexico’s Claudia Sheinbaum, Sheinbaum, Del Cueto, Rebecca Noble Organizations: CNN, United, Democratic National Committee, Trump, International Media, AP, RT, Kremlin, White, Israel, White House, America, Iranian, German, NATO, European Union, Getty, Dutch, Democratic, Reuters, South China, Taiwan : Defense, Party, Taiwan, Taiwan Relations, Washington, Congress, Kuomintang, KMT, Economic, of Chicago, Bloomberg News, Army, South, North, Korean, Kenyan, Guinea Alpha Conde, Trump , African Development Bank, Ethiopian, Republican, AIDS Relief, Biden, Conservative, Progressives, US, Mexico “, Border Patrol Council Locations: Russia, East, Europe, China, Taiwan, Korean, Africa, Ukraine, CNN’s, London, Moscow, Russian, Kyiv, American, ”, Jerusalem, Israel, America, Gaza, Lebanon, Iran, Tehran, Hamas, Germany, Soviet, United States, United Kingdom, The Hague, Netherlands, Remko de Waal, Trump, Beijing, –, Shanghai, South, Taipei, Asia, Seoul, South Korea, Korea, North Korea, Japan, Tokyo, Washington, Pyongyang, Accra, Ghana, Tanzania, Zambia, Guinea, Trump ,, Nigeria, AFP, Angola, Bogotá, Colombia, Mexico, Venezuela, Nicaragua

☆ Nintendo jumps 6% as it says current Switch games will be playable on the console's successor
▼ + stars: | 2024-11-06 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Nintendo on Wednesday said it will allow current Switch games to be played on the hit console's successor as it looks to drum up excitement among its current user base for the highly-anticipated device. Backward compatibility of games is critical for console makers for several reasons: firstly, when new consoles launch, they often do not have a huge amount of games to choose from. Making older games available for the new Switch will boost the device's appeal on this front. Secondly, current Switch users who are thinking of purchasing new games ahead of the new console launch may hold off until after its debut. Making current games playable on the Switch's successor removes that concern.

Persons: Serkan Toto Organizations: Nintendo, Investors, Kantan Games, CNBC Locations: Tokyo

☆ Toyota posts nearly 20% drop in second-quarter operating profit, missing estimates
▼ + stars: | 2024-11-06 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

Japanese automaker Toyota Motor on Wednesday reported its first quarterly operating profit drop in about two years, as it strives to navigate the market shift toward electric vehicles. Revenue : 11.44 trillion yen vs. 11.41 trillion yen: 11.44 trillion yen vs. 11.41 trillion yen Operating profit: 1.16 trillion yen vs. 1.24 trillion yenThe world's largest automaker by sales volume saw a 20% year-on-year drop in operating profit during the quarter. Net profit attributable to company more than halved to 573.7 billion yen from 1.28 trillion a year ago. "If electric vehicles simply become the only choice, including for our suppliers, those people's jobs would be lost." The company maintained a full-year operating profit of 4.3 trillion yen.

Persons: Akio Toyoda, Toyoda, Suzuki Organizations: Toyota, Toyota Motor, LSEG ., Reuters, National, Traffic Safety Administration, Japan's Transport, Ministry of Land, Transport, Honda, Yamaha Locations: Tokyo, Japan, Infrastructure, Tourism

☆ Asia-Pacific markets open higher as Wall Street rallies ahead of U.S. election results
▼ + stars: | 2024-11-06 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

A screen displays the Nikkei 225 Stock Average figure on the trading floor at the Nomura Securities Co. headquarters in Tokyo, Japan, on Jan. 11, 2024. SINGAPORE — Asia-Pacific markets opened higher Wednesday after Wall Street surged overnight ahead of the U.S. presidential election results. Japan's Nikkei 225 opened up 0.7%, while the Topix gained 0.4%. The Bank of Japan's monetary policy meeting minutes will be released later in the day, which could give insights on where the members stand on the bank's policy path. Australia's S&P/ASX 200 rose 0.7% higher.

Persons: Kospi Organizations: Nomura Securities Co, U.S, Nikkei, People's Congress Locations: Tokyo, Japan, SINGAPORE — Asia, Pacific

☆ Goldman Sachs names 2 top auto stocks in Asia — giving one 44% upside
▼ + stars: | 2024-11-05 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Goldman Sachs has refreshed its list of top stock picks in Asia to include two automotive stocks: India's Mahindra and Mahindra and Japan's Honda Motor . The stocks are featured on the investment bank's "Conviction List - Directors' Cut," which seeks to offer a "curated and active" list of buy-rated stocks. Mahindra and Mahindra Goldman is betting on Mahindra and Mahindra given its "unique pipeline" in India's SUV car market. Goldman has a 12-month target price of 3,600 Indian rupees ($42.80) on the stock, implying 25% potential upside. Goldman has a target price of 2,200 Japanese yen ($14.50) on the stock, implying 44.3% potential upside.

Persons: Goldman Sachs, Chandramouli Muthiah, Goldman, Kota, — CNBC's Michael Bloom Organizations: India's Mahindra, Mahindra, Japan's Honda, Mahindra Goldman, Electric Vehicle, National Stock Exchange, Bombay Stock Exchange, Honda, Tokyo Stock Exchange, HMC Locations: Asia, India, China, U.S, Japan

☆ Japan plans automated cargo transport system to relieve shortage of drivers and cut emissions
▼ + stars: | 2024-11-03 | by ( ) www.cnbc.com time to read: +4 min

Apart from making up for a shrinking labor force and the need to reduce workloads for drivers, the system also will help cut carbon emissions, she said. The plan in Switzerland involves an underground pathway, while the one being planned in London will be a fully automated system running on low-cost linear motors. Japan's shortage of truck drivers is worsening due to laws that took effect earlier this year that limit the amount of overtime drivers can log. The domestic transport capacity stands at about 4.3 billion metric tons, almost all, or more than 91%, by trucks, according to the Japan Trucking Association. As is true in most places, truck drivers have tough jobs requiring them to be on the road for days at a time, work that most jobseekers find unappealing.

Persons: Stanislav Kogiku, it's, Yuri Endo, Endo Organizations: Getty, Japan, Ministry of Land, Transport, Japan Trucking Association, Trucking Association Locations: Shinjuku , Tokyo, Tokyo, Osaka, Infrastructure, Tourism, Japan, Switzerland, Great Britain, London, U.S, United States

☆ Sydney Marathon named as seventh major race in elite circuit
▼ + stars: | 2024-11-03 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +2 min

CNN —Sydney has been officially elevated to the ranks of the Abbott World Marathon Majors, becoming the seventh city to join the prestigious series. Starting in 2025, the Sydney Marathon will become the first major marathon in the Southern Hemisphere as it joins elite races in Boston, New York, Chicago, London, Berlin and Tokyo. Abbott World Marathon Majors CEO Dawna Stone said she was “thrilled” that Sydney will become the seventh major, while complimenting the hard work of the race’s organizers. In September, a record 20,272 runners finished the race, helping it clear its second consecutive assessment to become an Abbott World Marathon Major. The 2025 Sydney Marathon is scheduled for August 31, with more than 33,000 runners expected to participate, according to the New South Wales government.

Persons: Dawna Stone, “, ” Stone, ”, Jane Flemming, ” Flemming Organizations: CNN, Abbott, Sydney Marathon, Sydney Harbour, Athletics Australia, Sydney, Cape, Marathon, New South Locations: Southern, Boston , New York, Chicago, London, Berlin, Tokyo, Sydney, Australia, Cape Town, Shanghai, New South Wales

☆ Simone Biles, Jordan Chiles open up about the importance of leading by example
▼ + stars: | 2024-11-01 | by ( Samantha Bresnahan | Coy Wire | ) edition.cnn.com time to read: +5 min

Jordan Chiles, with Simone Biles behind her, watches the competition during the women's team gymnastics final of the 2024 Paris Olympics. Jamie Squire/Getty ImagesThree years earlier, Jordan Chiles and Simone Biles look on during the same event in July 2021, at the Tokyo Olympics. Laurence Griffiths/Getty ImagesNo stranger to the spotlight, Simone Biles has used her platform to speak openly about mental health. Simone Biles elevates over the beam during the 2024 Paris Olympics. Jordan Chiles, pictured during her floor exercise routine in the qualification round at the 2024 Paris Olympics, says she's learned from teammate Simone Biles the importance of "standing your ground."

Persons: Los Angeles CNN — Jordan Chiles, Simone Biles, Chiles, “ She’s, ” Chiles, Biles, CNN’s Coy, “ I’m, ”, I’ve, she’s, Jordan Chiles, Jamie Squire, Laurence Griffiths, Dan Mullan, –, “, Feedback Jordan Chiles, ” Biles, USA’s Hezly Rivera, “ I’ve, she's, it’s Organizations: Los Angeles CNN, Tokyo, CNN, America, Getty, UCLA, Paris Locations: America, Tokyo, Los Angeles, Paris

☆ Bank of Japan likely to stay course with a rate hike in December or January, analysts say
▼ + stars: | 2024-11-01 | by ( Lin Lin | ) www.cnbc.com time to read: +4 min

After a messy election, the Bank of Japan decided to hold its benchmark policy rate at 0.25%, as expected. These outlook risks highlight that the timing of the next BOJ rate hike could depend heavily on developments overseas, as well as the exchange rate and its impact on the Japanese economy, Otani added. He added that it would surpass the 13 trillion yen ($84.6 billion) allocated in last year's supplementary budget. When Ishiba returns, he is expected to hold an extraordinary Diet session, during which he hopes to pass the supplementary budget plan, according to local news. Then I would probably rule out a rate hike in December, because that would create a lot of uncertainty about the fiscal situation."

Persons: Kazuo Ueda, Stefan Angrick, Angrick, Akira Otani, Goldman Sachs, Otani, Marcel Thieliant, Shigeru Ishiba, Ishibia, Ishiba, Thieliant Organizations: Japan, Bank of Japan, Moody's, Liberal Democratic Party, Asia Pacific, Capital Economics, CNBC, Democratic Party Locations: Tokyo, Japan, Brazil

☆ They ran an Olympic marathon 12 weeks ago. Now they’re back at it in New York
▼ + stars: | 2024-11-01 | by ( Matthew Futterman | ) www.nytimes.com time to read: +10 min

Only one runner has won the Olympic marathon in the summer and New York in the fall — Kenya’s Peres Jepchirchir in 2021. A pack of runners, including eventual winner Hellen Obiri, race in the Olympic women’s marathon on Aug. 11. She was physically ready to start training again in early September, but even when perfectly healthy, marathon training can be a long and lonely process. (Christian Petersen / Getty Images)Popehn said she found herself replaying the Paris race in her head once she got back home. “It’s on my mind.”GO DEEPER The ex-head of the New York marathon cleared himself in his sport.

Persons: “, ”, Hellen Obiri, Hellen, Lindwurm, —, Conner Mantz, Clayton Young, Tamirat Tola, Belgium’s Bashir Abdi, ” Young, Mantz, they’ve, Kenya’s Peres Jepchirchir, Tola, Ulrik Pedersen, Dathan Ritzenhein, ” Obiri, It’s, Ritzenhein, Obiri, Joe Klecker, Klecker, Brigham Young, Young, She’ll, Christian Petersen, Popehn, She’s, ” Popehn, hasn’t Organizations: York City Marathon, Athletics Club, Team, Tokyo Olympics, Brigham, Getty, Boston Marathon, Grandma’s, New Locations: York, New York, Paris, Kenyan, Staten, Ethiopia, Manhattan, Boulder, Col, Central, Versailles, France, Minnesota

☆ Sabae: The ‘eyeglasses capital’ of Japan
▼ + stars: | 2024-10-31 | by ( Milly Chan | Karla Cripps | ) edition.cnn.com time to read: +7 min

Among them is the small city of Sabae, in Fukui prefecture, about a 3.5-hour train ride from Tokyo. An eyeglasses sculpture in Sabae, Japan. Fukui prefecture has four stations on the extended Shinkansen line – Awara Onsen Station, Fukui Station, Echizen-Takefu Station and Tsuruga Station. (Travelers can hop on a separate train from Fukui Station for the 15-minute ride to Sabae.) GI15702993/iStockphoto/Getty ImagesIn addition to being home to the eyeglasses capital of Japan, Fukui prefecture is filled with well-preserved ancient architecture, historic sites and temples, as well as newer attractions, including Nishiyama Zoo, famed for its red pandas.

Persons: Buddhika Weerasinghe, Sabae, Takeshi Yamae, “, ”, Futa Nagao, Takeshi, Sabae’s, It’s, There’s, sakura, Soto, you’re Organizations: CNN, CNN —, Bloomberg, Getty, Boston Club, Sabae’s Megane, Asahi Shimbun, Fukui, Takefu, Tsuruga, Nishiyama Zoo, Fukui Prefectural Dinosaur Museum, Soto Zen, Food, Museum Locations: Sabae, Fukui prefecture, Tokyo, Japan, Honshu, Fukui, Japan’s Hokuriku, Toyama, Niigata, Ishikawa, Kyoto, Echizen, Maruoka, Tojinbo, Mikata, Wakasa, Tsuruga

SEOUL, South Korea — North Korea test-fired a suspected long-range ballistic missile that is designed to strike the continental United States, its neighbors said Thursday, days before the U.S. presidential election. This would be the first ICBM launch since December for North Korea, a reclusive nuclear-armed state that has been ratcheting up its rhetoric against the U.S. and its allies South Korea and Japan. Japanese Defense Minister Gen Nakatani later said the missile fell into the sea off North Korea’s east coast around 8:37 a.m. He said the launch time of 86 minutes would be the longest ever for a North Korean missile test, and that it could be a new type of missile. North Korea has said the deployment is a “rumor,” while Russian President Vladimir Putin did not deny the reports when asked about them by NBC News last week.

Persons: Gen Nakatani, Sean Savett, ”, Vladimir Putin, Lloyd Austin, Kim Yong, Austin, Stella Kim, Arata Yamamoto, Jennifer Jett Organizations: U.S, Korea’s, Chiefs, Staff, Japanese, Korean, National Security, United Nations, Pacific Command, South Korea’s Defense Intelligence Agency, Officials, NBC, Defense, Ukrainian Locations: SEOUL, South Korea, North Korea, United States, Japan, Pyongyang, U.S, Korea, Moscow, Russia’s Far, Ukraine, The U.S, Russia, Washington, Korean, Seoul, Oshu City, Hong Kong

☆ Asia markets set for mixed open ahead of Bank of Japan decision, China factory activity figures
▼ + stars: | 2024-10-31 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Kazuo Ueda, governor of the Bank of Japan (BOJ), speaks during a news conference at the central bank's headquarters in Tokyo, JapanAsia-Pacific markets are set for a mixed open on Thursday as investors look to the Bank of Japan's rate decision, as well as key business activity figures from China. Economists polled by Reuters expect the BOJ will hold rates at 0.25%, although the statement will be parsed for any clues on the timing of its next rate hike. In China, the National Bureau of Statistics is set to release the country's official purchasing managers index numbers for September, with the manufacturing PMI forecast to come in at 49.9, a softer contraction than the 49.8 the month before. Still, that would be the sixth straight month of contraction for the country's manufacturing sector.

Persons: Kazuo Ueda Organizations: Bank of Japan, Bank of, Reuters, National Bureau, Statistics Locations: Tokyo, Japan Asia, Pacific, China

Hello Kitty made her commercial debut the next year, appearing on a line of vinyl coin purses alongside several other new characters. There’s not much that doesn’t suit her… I think that when everyone talks to Hello Kitty, she probably answers them in some way.”Sales of Hello Kitty products flourished in Japan between the 1980s and mid-1990s. A North Korean child wears a Hello Kitty hairpin at a primary school in the country's capital, Pyongyang, in 2011. Hello Kitty superfan Asako Kanda shows CNN a room in her home that is dedicated to Hello Kitty. Daniel Campisi/CNNAfter more than 36 years of collecting, Kanda still buys around two Hello Kitty items every month.

Persons: Sanrio, Kitty White, Kitty, Pokémon, Mickey Mouse, Yuko Shimizu, ”, Bob Levey, Yuko Yamaguchi, Shimizu, Setsuko Yonekubo, Yamaguchi, Yoshikazu Tsuno, Kitty —, Tiny, “, Feng Li, Kanda, Daniel Campisi, Kitty’s, Beyblade —, Atsuo Nakayama, Astrid Stawiarz, —, ” Atsuo, Eduardo Verdugo Organizations: CNN, UNICEF, Japan’s Foreign Ministry, George Bush Intercontinental Airport, Sanrio’s, Getty, ”, New York Times, America, Wall Street, Netflix Locations: London’s, Kitty’s, Houston , Texas, Sanrio’s Tokyo, Tokyo, AFP, San Francisco, Japan, Korean, Pyongyang, San Jose, New York City, London, American, America, Mexico City

OSHU CITY, Japan — In Oshu, the small rural town where Shohei Ohtani grew up, baseball is as much a part of the landscape as the farmers’ fields and low-rise hills surrounding it. As they watched Game 4, which aired at 9 a.m. Wednesday morning in Japan, Yasuo Sakamoto, 74, and his wife Keiko, 70, wore the Dodgers jerseys and hats they got when they visited Los Angeles this summer to see Ohtani play. “Even at my age, I’m really awed by him,” Yasuo Sakamoto said of Ohtani. “In Japan when there’s news about Ohtani, it’s bright news. The two teams will play Game 5 in the best-of-seven series at Yankee Stadium on Wednesday — and Japan will be watching.

Persons: Ohtani, Ohtani’s, Yasuo Sakamoto, Keiko, I’m, ” Yasuo Sakamoto, it’s, “ They’re, ”, superfan Hironobu Kanno Organizations: CITY, Ohtani, Los Angeles Dodgers, New York Yankees, Dodgers, Yankees, Yankee, League, National League MVP, Major League Baseball Locations: Japan, Oshu, Los Angeles, “, Japan’s Iwake

☆ North Korea launches suspected ICBM days ahead of US election
▼ + stars: | 2024-10-30 | by ( Helen Regan | Gawon Bae | ) edition.cnn.com time to read: +1 min

Tokyo and Seoul CNN —North Korea conducted a suspected intercontinental ballistic missile test on Thursday morning, according to Japan’s Defense Ministry, which said it was believed to be the longest flight time yet for a North Korean missile. The launch comes just days ahead of the United States presidential election, and follows warnings from the South Korean intelligence agency that Pyongyang was planning on launching an ICBM around the election to test its reentry technology. The missile is believed to be a long-range ballistic missile fired at “a lofted angle,” South Korea’s Joint Chiefs of Staff said. It is suspected to have fallen outside of Japan’s exclusive economic zone, according to public broadcaster NHK, citing the country’s Defense Ministry. The US National Security Council described the launch as an intercontinental ballistic missile test, calling it “a flagrant violation of multiple UN Security Council resolutions.”This is a developing story and will be updated.

Persons: Gen Nakatani, ” Nakatani Organizations: Seoul CNN —, Japan’s Defense Ministry, United, Korean, Korea’s, Chiefs, Staff, NHK, country’s Defense Ministry, Japanese, “, US National Security Council, UN Locations: Tokyo, Seoul, Korea, Korean, Pyongyang

☆ 'Absurdly cheap': Bottom-up investor names Japan sectors — and stocks — to invest in right now
▼ + stars: | 2024-10-30 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +5 min

Japanese markets have made steady gains so far this week — and one bottom-up investor sees potential for them to advance even further. "When we look at the valuations of a lot of companies, they look absurdly cheap," he added. Department stores Among the segments Kato is looking at favorably in Japan is department stores. His optimism on department stores is an interesting one, given that many have "not expanded for about 30 years." So overall, department stores look quite interesting," he added.

Persons: Mio Kato, Kato, Shigeru Ishiba's Organizations: LightStream Research, CNBC Pro, Nikkei, Tokyo Stock Exchange, Department, Holdings, U.S, Toyota Motor, Nissan, Honda, Toyota Locations: Japan, Southeast Asia, China, U.S

☆ New 3D map reveals strange, glowing filaments surrounding a supernova
▼ + stars: | 2024-10-30 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

In this case, filaments radiate away from a “zombie star” the explosion created. Then, in 2023, astronomers spied weird filaments glowing with light from sulfur within the nebula. Scientists know the supernova created the filaments, but it’s unclear how or when the structures formed. The robust data that the instrument captured allowed the team to measure the motions of each filament and create a 3D map. The Keck Cosmic Web Imager enabled measurements of the velocity of any material within the nebula that emits light.

Persons: ”, Christopher Martin, “ KCWI, Dana Patchick, Patchick, NASA’s, Albert Zijlstra, Ilaria Caiazzo, Tim Cunningham, Zijlstra, Cunningham, ” Cunningham, James Webb, Takatoshi Ko, Ko Organizations: CNN, Keck, California Institute of Technology, Survey, University of Manchester, Pa, Institute of Science, Technology, NASA Hubble, Center, Astrophysics | Harvard & Smithsonian, Southern, Research Center, University of Tokyo Locations: Hawaii, England, Technology Austria

☆ Shohei Ohtani: World Series sparks major excitement in Japan, attracts viewership rivaling the US
▼ + stars: | 2024-10-30 | by ( Hanna Park | Yumi Asada | ) edition.cnn.com time to read: +5 min

The appearance of Ohtani in this year’s edition of the World Series has captivated Japan and emerged as a television ratings phenomenon. Seth Wenig/APCustomers choose a T-shirt at a pop-up store for Major League Baseball star Shohei Ohtani ahead of the first World Series game between the Los Angeles Dodgers and the New York Yankees, in Tokyo, Japan, on October 25, 2024. Everyone shouts Ohtani, Ohtani, and it makes me extremely happy. When combined with US viewership, the first two World Series games have averaged 29.7 million viewers across the two countries. MLB has shown a remarkable 225% increase in social media engagement, with views across various platforms rising by 229%, the league reported, reflecting the growing excitement surrounding the World Series and its star players.

Persons: Shohei Ohtani, “, ”, Ryosuke Matsumoto, Tomoyuki Masuda, Seth Wenig, Shohei, Kim Kyung, Mamoru Tanaka, Major League Baseball —, Matsumoto, Eugene Hoshiko, Ohtani, Yoshinobu Yamamoto, Yamamoto Organizations: Tokyo, CNN, — Baseball, Los Angeles Dodgers, New York Yankees, Dodgers, Major Leagues, Yankees, Yankee, AP, Major League Baseball, Fox Sports, AP CNN, Los Angeles Angels, The Dodgers, MLB Locations: Japan, United States, Tokyo, Shibuya, Bronx, Kyoto, New York, Ohtani, Ohtani's, Oshu, Los Angeles

☆ How the Two Biggest Cities in the U.S. Watched the World Series
▼ + stars: | 2024-10-29 | by ( ) www.nytimes.com time to read: 1 min

Viewing parties popped up in bars and restaurants, including some that might not ordinarily show sporting events, like eateries in Little Tokyo in Los Angeles. Fans gathered to watch there, and in the back of a New York deli, but also outside, or wherever large video screens beamed the games to folks in search of a group setting. They watched in the city centers, at tourist attractions and at home in Manhattan and in Manhattan Beach.

Locations: Little Tokyo, Los Angeles, New York, Manhattan, Manhattan Beach

☆ Investing in Japan after the elections? The pros share their take
▼ + stars: | 2024-10-29 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

The outcome of this snap election signals that Ishiba may face difficulties in getting his party's policies passed in parliament. These include "more fiscal stimulus measures," and a cut in tax rates, Okamura added. His comments come amid expectations of the Bank of Japan leaving its rates unchanged at its meeting on Oct. 31. 'High-quality companies' Okamura is now betting on "higher quality companies with good pricing power." The five are also among the top holdings in the 19.1 billion yen (124.6 million) Japan Equity Engagement Fund .

Persons: Shigeru Ishiba's, Komeito, Izumi Devalier, CNBC's, Neuberger Berman's Kei Okamura, Okamura —, —, Okamura, bode Organizations: Liberal Democratic Party, Bank of America, Nikkei, Tokyo Stock Exchange, Bank of Japan's, U.S . Federal Reserve, Fed, Bank of Japan, Hitachi, Mitsubishi Logistics, Tokyo Marine Holdings, Japan Equity, Tokyo Marine Locations: Japan, Tokyo, shareholdings

☆ Japan's political instability could cloud economic policy, herald 'revolving door' of prime ministers
▼ + stars: | 2024-10-29 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

Amember of staff hands flyers with picture of Japan's Prime Minister Shigeru Ishiba before his election campaign speech in Tokyo on October 26, 2024. Voters delivered a "harsh judgement" to the LDP, in the words of Prime Minister Shigeru Ishiba. Following that result, parties have 30 days to try to form a coalition government and pick a prime minister. It's still unclear what the exact makeup of a coalition government could look like, clouding the outlook for both economic policy and Ishiba's fate. Thong predicted there will be no significant changes to the country's defense policy, although he pointed out that "a major increase in [defense] exports may be challenging."

Persons: Shigeru Ishiba, Yuichi Yamazaki, It's, William Pesek, CNBC's, Damian Thong, Thong, Fumio Kishida, Masahiko Loo Organizations: Japan's, Afp, Getty, Liberal Democratic Party, Voters, Trump, Macquarie Capital, State Street Global Advisors Locations: Tokyo, Japan

☆ Japan’s government in flux after election gives no party majority
▼ + stars: | 2024-10-28 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +5 min

TOKYO — The makeup of Japan’s future government was in flux on Monday after voters punished Prime Minister Shigeru Ishiba’s scandal-tainted ruling coalition in a weekend election, leaving no party with a clear mandate to lead the world’s fourth-largest economy. The biggest winner of the night, the main opposition Constitutional Democratic Party of Japan (CDPJ), had 148 seats, up from 98 previously, but also still well short of the 233 majority. But days before the vote, a newspaper affiliated with the Japan Communist Party reported that the party had provided campaign funds to branches headed by non-endorsed candidates. “LDP’s payments to branches show utter lack of care for public image,” ran an editorial in the influential Asahi newspaper two days before the election. In one bright spot, a record 73 women were elected into Japan’s male-dominated parliament, surpassing 54 at the 2009 election.

Persons: Shigeru Ishiba’s, “, Ishiba, Komeito, Keiichi Ishii, ”, Tobias Harris, Yoshihiko Noda, Fumio Kishida, Yuichiro Tamaki, Nobuyuki Baba, Rintaro Nishimura, Masakazu Tokura Organizations: U.S, Ishiba’s Liberal Democratic Party, Constitutional Democratic Party of Japan, Japan Foresight, LDP, Japan Communist Party, Asahi, Democratic Party for, People, Japan Innovation Party, DPP, Bank of Japan, Asia, Komeito Locations: TOKYO, China, North Korea, Japan

☆ Doburoku: once illegal, this Japanese alcohol is making a comeback
▼ + stars: | 2024-10-28 | by ( Jonathan Delise | ) edition.cnn.com time to read: +6 min

To distinguish this type of turbid Japanese alcohol from that of the ubiquitous and transparent sake, there are two distinct if slightly misleading categories: seishu (清酒), or clear sake, and doburoku (濁酒). However, when making doburoku, they are all simultaneously placed in with the yeast starter, causing the resulting mixture to be comparatively overflowing with sugars. For nearly as long as rice has been cultivated in Japan, doburoku has existed. In essence, all doburoku made from then on came to be called mitsuzoushu (密造酒), “secretly produced alcohol,” or moonshine. The state of doburoku todayOpened in 2015, Tokyo’s Sake Hotaru was the first legal spot to offer doburoku in Japan’s capital.

Persons: Heiwa, doburoku, homebrewing, Utsunomiya Hitoshi, Utsunomiya, “, Hotaru, Norimasa Yamamoto, it’s, ”, Kato, Shinobu Kato, ” Kato Organizations: Tokyo CNN, Makers Association Locations: Tokyo, Nihombashi, Wakayama prefecture, Japan, Edo, Borne, doburoku, Japan’s, Brooklyn

☆ The CEO of optics giant Olympus has resigned after accusations he bought illegal drugs, sending its shares plummeting
▼ + stars: | 2024-10-28 | by ( Nora Redmond | ) www.businessinsider.com time to read: +3 min

The CEO of optics giant Olympus has resigned after it was alleged that he had bought illegal drugs. Stefan Kaufmann's departure as CEO pushed the company's shares almost 6% lower Monday. AdvertisementOlympus Corporation's CEO, Stefan Kaufmann, has exited the optics giant following allegations he purchased illegal drugs. It said that based on the results, Kaufmann had likely acted inconsistently with Olympus' global code of conduct, core values, and corporate culture. Business Insider was unable to reach Stefan Kaufmann for comment.

Persons: Stefan Kaufmann's, —, Stefan Kaufmann, Kaufmann, Yasuo Takeuchi, Julie Hamp Organizations: Olympus, Service, Tokyo Stock Exchange, Police, Kyodo, Toyota Motor Corporation Locations: Tokyo, Japan

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