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☆ Dollar steady as investors eye U.S. jobs report, election
▼ + stars: | 2024-11-01 | by ( ) www.cnbc.com time to read: +3 min

The dollar steadied against major peers on Friday, as investors awaited the U.S. jobs report to confirm economic resiliency heading into the Federal Reserve's monetary policy meeting and a close-call U.S. presidential election next week. The dollar steadied against major peers on Friday, as investors awaited the U.S. jobs report to confirm economic resiliency heading into the Federal Reserve's monetary policy meeting and a close-call U.S. presidential election next week. The U.S. dollar started November off at a lower level after coming under pressure against the yen and euro on Thursday. (Kazuo) Ueda's press conference," Morgan Stanley MUFG economists Takeshi Yamaguchi and Masayuki Inui wrote in a report on Thursday. The Fed's monetary policy decision next week comes just days after the U.S. presidential election on Tuesday.

Persons: Nonfarm, Tapas Strickland, Kazuo, Ueda's, Morgan Stanley, Takeshi Yamaguchi, Masayuki Inui, Sterling, Rachel Reeves, Donald Trump, Kamala Harris, Trump's Organizations: Federal, Bank of Japan, U.S ., Reuters, National Australia Bank, Gov, U.S, Republican, Democratic, Trump, Treasury, Federal Reserve Locations: U.S

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

☆ A US Army vet moved to Japan with his wife and bought an abandoned house for $35,000. They have no plans to leave.
▼ + stars: | 2024-09-02 | by ( Amanda Goh | ) www.businessinsider.com time to read: +10 min

Coco Lencho Japan. Coco Lencho Japan. Coco Lencho Japan. Coco Lencho Japan. Coco Lencho Japan.

Persons: —, Lawrence Covian's, Covian, Chiyoko, Lawrence Covian, Coco Lencho, I've, Covian's, he's Organizations: Service, Business Locations: Japan, North Carolina, Coco Lencho Japan, California, Yamaguchi prefecture, Coco, Iwakuni, Hiroshima, Tokyo, Miwa, United States

☆ Japan's latest strategy review names the growing threats it faces
▼ + stars: | 2024-08-04 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

Japan's newest strategic review names China, North Korea and Russia as threats to Japanese security. Clearer explanations of the threats to Japan's national security will prove critical as the government seeks public support for an ambitious defense spending plan." The review is part of a reconsideration of Japan's needs in the face of growing threats from its well-armed neighbors, especially China. China has "conducted joint bomber flights and naval navigations with Russia in the vicinity of Japan," the paper said. AdvertisementBesides external threats and new equipment, the paper highlighted a critical need for the Japan Self-Defense Forces: more people.

Persons: Nicholas Szechenyi, Ryo Hinata, Michael Peck Organizations: Service, Business, Center for Strategic, International Studies, Ministry of Defense, South China, Japan Self - Defense Forces, Forum, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: China, North Korea, Russia, Japan, South China, South, Korea, Yamaguchi, Honolulu, Forbes

☆ Yen weakness: Japanese consumers are 'feeling the pain,' economist says
▼ + stars: | 2024-06-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYen weakness: Japanese consumers are 'feeling the pain,' economist saysNorihiro Yamaguchi, senior Japan economist at Oxford Economics, discusses the challenge that the Bank of Japan faces when it comes to interest rates.

Persons: Norihiro Yamaguchi Organizations: Oxford Economics, Bank of Japan Locations: Japan

☆ Japan is determined to keep hunting whales. And now it has a brand new ‘mothership’ to do that
▼ + stars: | 2024-05-30 | by ( Heather Chen | Hanako Montgomery | ) edition.cnn.com time to read: +14 min

Demand for whale meat in JapanOver the years, Kyodo Senpaku has launched aggressive public relation campaigns to promote whale meat and win over new generations of young diners. We would react very badly to that.”The owner of a whale meat shop shows a block of whale meat at the Karato fish market in Shimonoseki city. Yuichi Yamazaki/AFP/Getty ImagesThis picture taken on May 20, 2024 shows whale meat sashimi at a 'Nisshinmaru' whale meat restaurant in Shimonoseki city, Yamaguchi prefecture. Located in deep waters surrounding the entire continent of Antarctica, the Southern Ocean Whale Sanctuary hosts dozens of whale species including humpbacks, blue whales and fin whales. “It’s called the Southern Ocean Whale Sanctuary for a reason – you don’t kill whales there,” Watson said.

Persons: Tokyo CNN —, Hideki Tokoro, ”, ” Tokoro, Hideko Tokoro, Hanako Montgomery, Paul Watson, “, Daisuke Urakami, Ari Friedlaender, Sutton Hibbert, Shutterstock, ” Donald Rothwell, Yoshimasa Hayashi, Francois Gohier, ” WCA, Tokoro, Nobuhiro Kishigami, ” Kishigami, “ It’s, Yuichi Yamazaki, Mitsuhiro Kishimoto, Juan Barreto, Takaaki Sakamoto, Captain Paul Watson, aren’t, James Anderson, ” Rothwell, Watson, CNN he’s, ” Watson Organizations: Tokyo CNN, Kyodo, CNN, Yomiuri Shimbun, “, International Whaling Commission, IWC, International Convention, Whaling, Australian National University, ANU, Cetacean, Kyodo Senpaku, South Korea –, National Museum of Ethnology, Getty, Shimonoseki City University, Whale, Whaling Affairs, Japan’s Fisheries Agency, Captain Paul Watson Foundation, Whale Defense Agency Locations: Hong Kong, Tokyo, Kangei, Japan, Norway, Iceland, Nisshin, Gulf of Maine, North, Russia, Thailand, South, Osaka, Shimonoseki, AFP, Yamaguchi, Gerlache, Antarctica, …

☆ Who’s coming to the White House’s Japan state dinner: the Clintons, De Niro, Bezos
▼ + stars: | 2024-04-10 | by ( Betsy Klein | ) edition.cnn.com time to read: +4 min

The guest list also includes Director of National Intelligence Avril Haines, US Trade Representative Katherine Tai, US Ambassador to the United Nations Linda Thomas-Greenfield and White House chief of staff Jeff Zients. NBC News White House correspondent Kelly O’Donnell, who is the president of the White House Correspondents Association, will attend, as well as Washington Post columnist Josh Rogin. First lady Jill Biden chose Simon to perform at the state dinner because Kishida also “shares an appreciation” for his work, a White House official said. The state dinner for South Korean President Yoon Suk Yeol featured a Broadway star’s performance of Don McLean’s “American Pie” – a personal favorite of Yoon. It led to one of the iconic state dinner moments of the Biden presidency – Yoon picking up a microphone to serenade guests with a few lines from the song.

Persons: Bill Clinton, Hillary Clinton, Robert De Niro, Jeff Bezos, Fumio Kishida, Joe Biden, Kristi Yamaguchi, Tim Cook, Laurence Fink, Jamie Dimon, Brad Smith, Shawn Fain, Cecile Richards, Antony Blinken, Janet Yellen, Alejandro Mayorkas, Jennifer Granholm, Gina Raimondo, National Intelligence Avril Haines, Katherine Tai, United Nations Linda Thomas, Jeff Zients, CQ, Jerome Powell, Bill Nelson, Biden, Donald Trump, De Niro, Nelson, ” Nelson, Sen, Bill Hagerty, Trump, Rahm Emanuel, Kelly O’Donnell, Josh Rogin, Kamala Harris, Doug Emhoff, Kathy Hochul, Josh Shapiro, Tony Evers, Roy Cooper of, Mazie, Jeff Merkley, Ashley Biden, Howard Krein, Finnegan Biden, Naomi Biden Neal, Peter Neal, Paul Simon, Jill Biden, Simon, Kishida, ”, It’s, Yoon Suk, Don McLean’s, Yoon, – Yoon, CNN’s Arlette Saenz Organizations: CNN, Amazon, White, Japan’s, Apple, BlackRock, JPMorgan, Microsoft, United Auto Workers, Planned, Biden, Homeland, Senate, Energy, National Intelligence, US, United Nations, White House, Joint Chiefs, Staff, Federal, NASA, Tennessee Republican, NBC, White House Correspondents Association, Washington, Democratic, Gov, Pennsylvania, South Korean Locations: Japanese American, Greenfield, Cleveland , Ohio, Japan, New York, Tony Evers of Wisconsin, Roy Cooper of North Carolina, Hawaii, Oregon

☆ What’s it like to dine at Asia’s ‘best’ restaurant?
▼ + stars: | 2024-04-01 | by ( Chris Dwyer | ) edition.cnn.com time to read: +7 min

But his career and trajectory have always been defined by global experience, exposure and a passion for embracing other cultures and cuisines. Back in 2006, Australian Chef Shane Osborn of Hong Kong’s acclaimed Arcane hired Calvert to work at his two Michelin-starred Pied à Terre restaurant in London. The culinary Holy Grail of Paris followed, with a stint at Epicure, which like Per Se is also a three Michelin-starred restaurant. His global culinary journey continued with a move to Hong Kong and the contemporary Parisian bistro Belon, where he earned the restaurant a Michelin star and reached fourth place on the list of Asia’s 50 Best Restaurants. Calvert is happy to modestly take the considerable accolade of the best restaurant in Asia with a pinch of salt, as it were.

Persons: Daniel Calvert, “, ”, It’s, Shane Osborn, Hong Kong’s, Arcane, Calvert, who’ve, ” Osborn, Daniel Calvert's, Chef Thomas Keller’s, Paris, “ I’ve, ” Calvert, Hong, André Fu, morel, SÉZANNE Calvert, Ashley Caley, shima, botan ebi, there’s, sommelier Nobuhide Otsuka, “ I’m, ” Chris Dwyer Organizations: CNN, Champions League, Michelin, Sézanne Locations: Sézanne, “ Tokyo, Marunouchi, Tokyo, London, British, London , New York, Paris, Hong Kong, New York, Epicure, France’s Champagne, Hokkaido, France’s Jura, Yamaguchi Prefecture, morel, bouillon, Asia, @chrismdwyer, Instagram

☆ Japan’s Indy 200: Remembering the first time IndyCars raced at Fuji Speedway
▼ + stars: | 2024-03-28 | by ( Emiko Jozuka For Cnn | ) edition.cnn.com time to read: +10 min

She is the daughter of the Japanese photographer Joe Honda. Joe Honda ArchiveCommercial opportunityIn the 1960s, Japan was emerging as an advanced and high-tech nation following its defeat in WWII. “The groundwork for the Indy 200 was already laid by then, and the Japanese were ready and willing to pay for racing,” he said. Rare intimacyFive months before the Indy 200, Clark had been invited to test-drive the Fuji road course. Joe Honda ArchiveCultural shiftsIn 1966, no Japanese drivers or cars participated in the exhibition Indy 200 race.

Persons: Joe Honda, Japan CNN —, Jim Clark, Honda, Jackie Stewart, Chris Amon, Akira Jin –, –, Shingo Shiozawa, Riki Ohkubo, ”, —, ” Jackie Stewart, Nissan Sunny, Jack K, Yamaguchi, Jin –, Japan –, Shiozawa, Jack Brabham, Clark, Graham Hill, Ohkubo, Honda’s, Colin Chapman, “, ‘, ’ ”, Donald Capps Organizations: CNN, Japan CNN, Jim Clark Motorsport Museum, Indianapolis, IndyCar, Fuji International, Honda, Boys, Indy, Fuji, Japan, Nissan, Prix, Suzuka, Formula, Fuji International Speedway, Bolshoi Ballet, Leningrad Philharmonic, United States Auto, Triple Crown, Motorsport, Monaco, Nippon Auto Club, Speedway, Automotive Society of Historians Locations: Tokyo, Japan, Fuji, Scotland, New Zealand, American, Asia, America, Mie, Indianapolis

☆ 2024 wage increase should lift Japan private consumption and service inflation, Morgan Stanley says
▼ + stars: | 2024-03-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email2024 wage increase should lift Japan private consumption and service inflation, Morgan Stanley saysMorgan Stanley's chief Japan economist Takeshi Yamaguchi expects the Bank of Japan to exit negative rates at its March policy meeting.

Persons: Morgan Stanley, Morgan Stanley's, Takeshi Yamaguchi Organizations: Bank of Japan Locations: Japan

TOKYO (AP) — Taylor Swift fans in Tokyo are excited to see America’s pop superstar’s first performance right after her latest Grammy win and the announcement this week of a new album. Swift, as part of her Eras Tour, is performing four straight nights at the Tokyo Dome, through Saturday. Japanese fans prayed for her to safe and speedy flight back to the U.S.“I hope Taylor can make it to the Super Bowl. Those plans — and Swift’s use of her plane — have triggered criticism about additional carbon emissions and lavish spending. ___Associated Press writer Mari Yamaguchi in Tokyo contributed to this report.

Persons: — Taylor Swift, Chiyuki Fujii, Fujii, —, ”, Swift, Travis Kelce, Taylor, Satomi Seki, Mari Yamaguchi Organizations: TOKYO, Poets Department, Super, Associated Press Locations: Tokyo, United States, Las Vegas, U.S, Asia

☆ Exclusive-Eisai Expects 1,500 Alzheimer's Patients in China Launch, Sees ‘Huge’ Growth
▼ + stars: | 2024-02-04 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +5 min

“China is one of the fastest-aging countries in the world and is one of the most important countries in the area of Alzheimer’s disease for Eisai,” a company spokesperson said. “The potential growth for Leqembi in China is huge.”Eli Lilly, which is developing a similar treatment called donanemab, told Reuters it has filed for approval in China. The Indianapolis-based company is now testing its drug in a 1,500-person trial with volunteers in China, Taiwan, South Korea and the EU, a spokesperson said. Leqembi, which works by removing a toxic protein called beta amyloid from the brain, is the first Alzheimer's treatment proven to alter the course of the fatal, brain-wasting disease. Once on treatment, suitable patients undergo a series of MRI scans to monitor for potentially fatal swelling and bleeding in the brain.

Persons: Julie Steenhuysen, Andrew Silver CHICAGO, ” Eli Lilly, Biogen, Liu Zhou, Eisai, ”, Hidemaru Yamaguchi, Soeren Mattke, Mattke, Andrew Silver, Caroline Humer, Bill Berkrot Organizations: Reuters, EU, Leqembi, Guangdong Medical University, ” Citi, Psychiatry, Siemens Healthineers, University of Southern, University of Southern California Brain Health Locations: SHANGHAI, China, ”, Leqembi, The Indianapolis, Taiwan, South Korea, Eisai, United States, Japan, Europe, U.S, University of Southern California, Chicago, Shanghai

☆ A new space photo of Japan's first spacecraft to land on the moon shows why it's not generating any power
▼ + stars: | 2024-01-25 | by ( Mari Yamaguchi | Associated Press | ) www.businessinsider.com time to read: +5 min

Japan became the fifth country in history to reach the moon when the Smart Lander for Investigating Moon, or SLIM, touched down on the Moon early on Saturday. One of the lander's main engines lost thrust about 50 meters (54 yards) above the moon surface, causing a harder landing than planned. 275 images from spaceTwo probes on Japan's SLIM moon lander. Japan followed the United States, the Soviet Union, China and India to reach the moon surface. A spacecraft designed by a Japanese company crashed during a lunar landing attempt in April, and a new flagship rocket failed its debut launch in March.

Persons: —, Smart, SLIM, Eugene Hoshiko, Shinichiro Sakai, Sakai, JAXA LEV, LEV, toymaker Tomy, Daichi Hirano Organizations: Service, Business, AP, Japan Aerospace Exploration Agency, JAXA, Sony, Doshisha University, Mitsubishi Locations: Japan, United States, Soviet Union, China, India, Japanese

☆ Morgan Stanley expects Japan's headline wage growth to be close to 4% in 2024
▼ + stars: | 2024-01-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMorgan Stanley expects Japan's headline wage growth to be close to 4% in 2024Takeshi Yamaguchi, chief Japan economist at Morgan Stanley, discusses the outlook for the Bank of Japan's monetary policy and the country's economic data.

Persons: Morgan Stanley, Takeshi Yamaguchi Organizations: Bank Locations: Japan

☆ $800,000 tuna to be turned into sushi at Michelin-starred restaurant
▼ + stars: | 2024-01-06 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

Read previewA bluefin tuna sold for 114.2 million Japanese yen, or nearly $800,000, at Tokyo's largest fish market is set to be served at a Michelin-starred restaurant in Japan. The prized tuna will be enjoyed by diners at the Michelin-starred sushi restaurant Onodera in Tokyo's upmarket Ginza district, reported The Japan Times. Media crowd around as a 524 pound bluefin tuna - which was purchased earlier in the day for $788,440 at the first tuna auction of the New Year in Tokyo on January 5, 2024. The world record price for a tuna was set in 2019, when the sushi tycoon and "Tuna King," Kiyoshi Kimura, paid $3.1 million for a 612-pound fish. AdvertisementDerek Wilcox, a chef trained in Japan and who worked there for 10 years, previously told Business Insider that bluefin tuna was "the most sought after."

Persons: —, Hiroki Matsushita, Yukitaka Yamaguchi, Bluefin, RICHARD A, BROOKS, Kiyoshi Kimura, Kimura, Derek Wilcox Organizations: Service, Michelin, Bloomberg, Business, Onodera Group, Japan Times, Media, Getty, Japan National Tourism Organization, AFP, Oma Locations: Japan, Aomori Prefecture, Ginza, Tokyo, AFP

PADANG, Indonesia (AP) — Indonesia's Mount Marapi erupted with white-and-gray ash plumes Sunday, stranding and injuring climbers and spreading volcanic ash over several villages. About 75 climbers started their way up the nearly 2,900-meter (9,480-foot) mountain on Saturday and became stranded. Political Cartoons View All 1277 ImagesThe eruption sent ash plumes more than 3,000 meters (9,800 feet) into the air and hot ash clouds spread several miles (kilometers). Falling ash blanketed several villages and blocked sunlight, National Disaster Management Agency spokesperson Abdul Muhari said. Authorities distributed masks and urged residents to wear eyeglasses to protect them from volcanic ash, he said.

Persons: Marapi, Ahmad Rifandi, Indonesia’s Volcanology, Hari Agustian, Abdul Muhari, Gobah Cumantiang, Niniek, Mari Yamaguchi Organizations: Hazard Mitigation, Rescue Agency, Disaster Management Agency, Associated Press Locations: PADANG, Indonesia, Marapi, Padang, West Sumatra, Rubai, Jakarta, Tokyo

MANILA, Philippines (AP) — A powerful earthquake that shook the southern Philippines killed at least one villager and injured several others as thousands scrambled out of their homes in panic and jammed roads to higher grounds after a tsunami warning was issued, officials said Sunday. The Pacific Tsunami Warning Center said it expected tsunami waves to hit the southern Philippines and parts of Indonesia, Palau and Malaysia, but later dropped its tsunami warning. In Japan, authorities issued evacuation orders late Saturday in various parts of Okinawa prefecture, including for the entire coastal area, affecting thousands of people. My perfume bottles fell off a table, pictures on my wall swung and I heard people screaming outside: 'Get out, get out, earthquake, earthquake!”’ Isidoro said. Thousands of residents stayed outside their homes for hours in many towns due to the earthquake and tsunami scare, including in some that were drenched by an overnight downpour, officials said.

Persons: Shieldon Isidoro, Isidoro, ’ Isidoro, Gilberto Teodoro Jr, Teresito Bacolcol, Mari Yamaguchi Organizations: Geological Survey, Tsunami Warning, Associated Press, Defense, Philippine Institute of Locations: MANILA, Philippines, U.S, Indonesia, Palau, Malaysia, Japan, Okinawa, Tagum, Davao del Norte, Surigao del Sur, Davao Oriental, Surigao del Sur province

Search operations widened Friday with additional U.S. military personnel joining the effort, while Japanese coast guard and military ships focused on an undersea search using sonar. Japanese officials say they asked the U.S. military to halt Osprey flights in Japan except for those involved in the search operations. A total of 44 Ospreys have been deployed at U.S. and Japanese military bases in Japan. Denny Tamaki called on Japan’s defense and foreign ministries to request the U.S. military to suspend all Osprey flights in Japan, including in search operations. “I have serious doubts about Osprey safety even for their search and rescue operations.”

Persons: —, Sabrina Singh, Hirokazu Matsuno, Minoru Kihara, Ricky Rupp, ” Kihara, Rupp, Yoko Kamikawa, Japan Rahm Emanuel, United States “, Denny Tamaki, Tamaki, “, ” Organizations: TOKYO, Pentagon, U.S, Ospreys, U.S ., Defense, U.S . Forces Japan, Osprey, United, U.S . Air Force Special, Command, Yokota Air Base, Fifth Air Force, 353rd, Operations, U.S . Marine Corps Air, Iwakuni, Kadena Air Base, Gov Locations: Japan, U.S, Okinawa, United States, Yamaguchi prefecture

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

☆ Japan's Kishida sends letter to China's Xi - NHK
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +1 min

[1/2] Japan's Prime Minister Fumio Kishida speaks during a summit discussion on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, at the Stanford, California, U.S., November 17, 2023. REUTERS/Brittany Hosea-Small/File Photo Acquire Licensing RightsTOKYO, Nov 23 (Reuters) - A Beijing delegation of Komeito, the junior coalition partner of Japan's ruling party, handed a letter from Prime Minister Fumio Kishida for Chinese President Xi Jinping in a meeting with China's top leadership team on Wednesday, NHK reported. The broadcaster did not say what was in the letter. Komeito representatives and Kishida's office were not available to comment on Thursday, a public holiday in Japan. Yamaguchi and Cai also agreed to work toward a resumption of dialogue between the CPC and the coalition of the ruling Liberal Democratic Party (LDP) and Komeito, NHK reported.

Persons: Fumio Kishida, Brittany Hosea, Xi Jinping, Natsuo Yamaguchi, Cai Qi, Yamaguchi, Cai, Makiko Yamazaki, Stephen Coates Organizations: Japan's, Economic Cooperation, Stanford, REUTERS, Rights, Komeito, Wednesday, NHK, Communist Party of China, CPC, Central Committee, Liberal Democratic Party, Thomson Locations: Asia, California, U.S, Beijing, Japan, Taiwan

“Planet Earth is big enough for the two countries to succeed,” Xi told Biden. Before leaving for California, Kishida told reporters a meeting with Xi had not yet been decided on. The aura of goodwill generated by the meeting was marred somewhat, however, by a comment by Biden. “I feel that China-U.S. relations have eased, and maybe the next step will be cooperation,” said Xu Jiaguang a 31-year-old firefighter. ___Associated Press writer Mari Yamaguchi in Tokyo and video producer Caroline Chen in Beijing contributed to this report.

Persons: Joe Biden, Xi, lunching, they’re, ” Xi, Biden, ”, Jeff Liu, Fumio Kishida, Kishida, Madoka Fukuda, ” Biden, Mao Ning, Xu Jiaguang, Gao Kexin, Mari Yamaguchi, Caroline Chen Organizations: Foreign, South, . Security, Samsung Electronics, SK Hynix, Kookmin Ilbo, Economic Cooperation, Communist Party . Tokyo, Tokyo's Hosei University, Foreign Ministry, China -, U.S, Associated Press Locations: TAIPEI, Taiwan, California, China, Beijing, U.S, Taiwan Strait, North Korea, Seoul, Pyongyang, Russia, South Korea, Japan, Asia, San Francisco, United States, China - U.S, Tokyo

☆ Japanese junior coalition party calls for debate on income tax cuts
▼ + stars: | 2023-11-07 | by ( Takaya Yamaguchi | ) www.reuters.com time to read: +1 min

TOKYO, Nov 7 (Reuters) - The head of the tax panel for the Japanese political party Komeito, a junior coalition partner with the ruling Liberal Democratic Party (LDP), said on Tuesday a thorough debate is needed on a controversial plan to cut income tax next year. Makoto Nishida, Komeito's tax panel head, said that policymakers should not have a preset mind to limit the tax break to just a year, signalling a possibility to extend it beyond 2024. Prime Minister Fumio Kishiida of the LDP plans to adopt income tax cuts for the next fiscal year as part of a broader economic package to boost household incomes and consumption. Opposition lawmakers have criticized the income tax cuts as politically motivated and ineffective as it takes time to implement and it could end up adding to the Japan's debt burden, the industrial world's largest. Additional reporting by Tetsushi Kajimoto; Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.

Persons: Makoto Nishida, Nishida, Fumio Kishiida, Tetsushi Kajimoto, Christian Schmollinger Organizations: Liberal Democratic Party, Thomson Locations: TOKYO

Details of how Japan is paring back military procurement due to currency fluctuations have not been previously reported. China, which has not ruled out using military force to bring Taiwan under its control, has expressed concern about Japan's military spending plans, accusing it of displaying a "Cold War mentality." In December, defence ministry officials discussed an order for 34 twin-rotor Chinook transport helicopters at roughly 15 billion yen per aircraft, two of the sources said. She declined to comment on whether the defence ministry had dropped an order for the seaplane. A ministry spokesperson confirmed the companies delivered a letter on Oct 25 to Defence Minister Minoru Kihara urging the government to proceed with the defence procurement as planned.

Persons: Tomohiro, Fumio Kishida, Christopher Johnstone, Johnstone, Biden, Kishida, outlays, spender, Nancy Pelosi's, Yoji Koda, Lockheed Martin, Minoru Kihara, Kevin Maher, Nobuhiro Kubo, Takaya Yamaguchi, Tim Kelly, Yoshifumi Takemoto, Katerina Ang Organizations: Defense Force, East Fuji Maneuver, REUTERS Acquire, Rights, Reuters, Bank of Japan, Center for Strategic, International Studies, National Security, East, Japan's Ministry of Defence, Embassy, Pentagon, Russian, Kawasaki Heavy Industries, Boeing Co, Kawasaki, Industries, Maritime Self Defense Force, Raytheon, Lockheed, Japan Business Federation, NMV Consulting, U.S . State Department's Office, Japan Affairs, Thomson Locations: Japan, Gotemba, Shizuoka, Taiwan, Tokyo, Washington, Beijing, East Asia, U.S, East China, Ukraine, China, U.S .

☆ Japan on standby to deal with 'one-sided' yen moves - top FX diplomat
▼ + stars: | 2023-10-31 | by ( Takaya Yamaguchi | ) www.reuters.com time to read: +2 min

REUTERS/Issei Kato Acquire Licensing RightsTOKYO, Nov 1 (Reuters) - Japan's top currency diplomat Masato Kanda said on Wednesday authorities were on standby to respond to recent "one-sided, sharp" moves in the yen, escalating his warning to investors against pushing down the currency too much. "Speculative trading seems to be the biggest factor behind recent currency moves," Kanda, vice finance minister for international affairs, told reporters on the yen's declines. The situation surrounding yen moves has become "more tense" than before, he said, adding that authorities will "respond appropriately without ruling out any options". After sliding to 151.715 against the dollar overnight on Tuesday, the yen stood at 151.350 in Asia on Wednesday. It intervened again in October 2022 after the yen plunged to a 32-year low of 151.94.

Persons: Masato Kanda, Issei Kato, Kanda, Takaya Yamaguchi, Satoshi Sugiyama, Leika Kihara, Sam Holmes Organizations: Reuters, Finance Ministry, REUTERS, Rights, Bank of Japan, Thomson Locations: Tokyo, Japan, Asia

A woman looks at items at a shop in Tokyo, Japan, March 24, 2023. The spending plan, to be formally decided by Prime Minister Fumio Kishida's cabinet on Nov. 2, also features payouts to low-income households, the officials said, confirming a report by the Nikkei newspaper. Tax revenue has grown this year, and Murai said the prime minister wanted to find a way to return some of that to the public to support households. "The prime minister will give formal and specific instruction at a meeting tomorrow between officials of the government and the ruling bloc, which will shape up through the ruling party's tax panel debate," Murai said. Kishida is due to discuss wage hikes, among other issues, with auto industry officials when he visits the Japan Mobility Show on Thursday, Murai said.

Persons: Androniki, Fumio Kishida's, Hideki Murai, Murai, Kishida, Takaya Yamaguchi, Yoshifumi Takemoto, Leika Kihara, Shri Navaratnam, Sonali Paul Organizations: REUTERS, Rights, Reuters, Nikkei, Japan, Thomson Locations: Tokyo, Japan, COVID

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