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TOKYO — A bluefin tuna sold for more than $1.3 million at an annual fish auction in Tokyo, in what organizers said was the second-highest bid since the event began in 1999. The 608-pound bluefin tuna, which is about the size and weight of a motorcycle, was purchased for 207 million yen ($1,316,835) at the new year auction at the Toyosu market, the main fish market in Tokyo, by seafood wholesaler Yamayuki and Michelin-starred sushi chain operator Onodera Group. “The first tuna is meant to bring good fortune,” company president Shinji Nagao told reporters at the market right after the auction. It was paid by Kiyoshi Kimura, the head of another chain of sushi restaurants who is known as the “Tuna King” of Japan. Arata Yamamoto reported from Tokyo, and Kim Gu reported from Hong Kong.

Persons: “, Shinji Nagao, ”, Kiyoshi Kimura, Arata Yamamoto, Kim Gu Organizations: Michelin, Onodera Locations: TOKYO, Tokyo, Toyosu, Japan, Hong Kong

Tokyo CNN —A bluefin tuna about the size of a motorcycle has been sold for $1.3 million (207 million yen) at Japan’s most prestigious fish market, setting the second highest price on record during its new year auction. The highest bid on record is $3.1 million (333.6 million yen) for a 278-kilogram tuna in 2019. A 276-kilogram bluefin tuna that was auctioned for 207 million Japanese yen (about about 1.3 million U.S. dollars). First opened in 1935, the fish market was originally located in Tsukiji and was one of Tokyo’s most popular travel destinations. A 276-kilogram bluefin tuna that was auctioned for 207 million Japanese yen (about 1.3 million U.S. dollars) is carried into an Onodera sushi restaurant.

Persons: ”, Shinji Nagao, Sushi, Masahiro Takeuchi, “ I’m, I’ll, Issei Kato Organizations: Tokyo CNN, Michelin, Onodera Group, Kyodo, Reuters, Onodera, Oma, NHK, World Wildlife Fund, WWF Locations: Tokyo, Los Angeles, Aomori, Tsukiji, Toyosu

☆ Fukushima: Japan PM pledges to help fishing industry after China seafood ban
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +2 min

Fish and shrimp are seen at a seafood market in Shanghai, China August 25, 2023. REUTERS/Aly Song Acquire Licensing RightsTOKYO, Aug 31 (Reuters) - Japan's Prime Minister Fumio Kishida said on Thursday he would compile measures to help the fishing industry hit by China's ban on Japanese seafood, after visiting Tokyo's biggest fish market. "I will put together measures given the variety of opinions I heard from the fishing industry today," Kishida said to reporters following a visit to Toyosu fish market on Thursday, adding that requests included support to help fishing companies develop new sales avenues and holding discussions with China. Japan started releasing treated radioactive water from the wrecked Fukushima nuclear power plant into the Pacific Ocean last Thursday, prompting China, Japan's biggest trade partner, to impose a blanket ban on Japanese aquatic products. Fisheries Minister Tetsuro Nomura said last Friday the government would take steps to diversify Japan's fish exports for China-dependent products such as scallops.

Persons: Aly, Fumio Kishida, Kishida, Tetsuro Nomura, Sakura Murakami, Kantaro, Stephen Coates Organizations: REUTERS, Rights, Japan's, Nikkei, Fisheries, Trade Organization, Thomson Locations: Shanghai, China, Japan, Hong Kong, Tokyo, Lincoln

☆ Asia markets set for weaker open after Fed forecasts more rate hikes to deal with inflation
▼ + stars: | 2023-06-22 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

This long exposure picture shows the city's skyline with the Tokyo Tower (C) from Toyosu Gururi Park in Tokyo's Koto district on January 25, 2023. Asia-Pacific markets are set to mostly fall after U.S. Federal Reserve Chairman Jerome Powell forecast more rate hikes this year, saying that "the process of getting back down to 2% has a long way to go." Futures for Australia's S&P/ASX 200 were at 7,274, lower than the index's last close of 7,314.9 and pointing at a second-straight day of losses. Elsewhere, markets in Hong Kong and mainland China, as well as Taiwan are closed for a holiday today. Ether climbed to nearly reach the $1,900 mark, its highest level since June 4.

Persons: Jerome Powell, Powell Organizations: U.S, Federal, Financial Services, Nikkei, Australia's Locations: Tokyo, Tokyo's Koto, Asia, Pacific, Japan, Chicago, Osaka, Hong Kong, China, Taiwan

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