Japan

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Japan

Japan can guilt-trip its stocks past bubble-era highs

[ad_1] Thirty-eight thousand nine hundred fifteen point eight-seven.It’s a number seared into the mind of any long-term Japan stock-watcher: The Nikkei 225’s all-time high, recorded on the last trading day of 1989. The nation’s economic bubble had already begun to burst and early that next year the index tumbled. The S&P 500 has gained some 1,200% since then, while the Nikkei has yet to scale those heights once more.But after […]

todayJanuary 19, 2024

Japan

Suguru Osako to skip Tokyo Marathon in order to compete in Boston Marathon

[ad_1] Paris Olympic hopeful Suguru Osako revealed Thursday he will skip the March 3 Tokyo Marathon in favor of competing in the Boston Marathon the following month. Osako, who was sixth at the Tokyo Olympics in 2021, is currently on track to claim the third and final Japanese men's marathon slot for Paris by virtue of his third-place finish in October's Marathon Grand Championship. Another Japanese runner must clock 2 […]

todayJanuary 19, 2024

Japan

Taiwan’s TSMC to launch Kumamoto chipmaking plant in February

[ad_1] Taipei – Taiwan Semiconductor Manufacturing Company will formally open its new chipmaking foundry in Kumamoto Prefecture on Feb. 24, its chairman said Thursday, as part of its plan to expand its global manufacturing footprint.TSMC — whose clients include Apple and Nvidia — controls more than half the world's output of silicon wafers, used in everything from smartphones to cars to missiles.The company has in recent years had to navigate […]

todayJanuary 19, 2024

Japan

LDP political funds probe nears close with top lawmakers likely unscathed

[ad_1] A week ahead of the opening of what is set to be a particularly heated session of parliament, an ongoing investigation into a slush funds scandal entangling the upper echelons of the ruling Liberal Democratic Party is drawing to a close, with all party heavyweights largely unscathed.Apprehension in the political center of Nagatacho since the investigation started late last year is likely to dissipate following the indictment of clerical […]

todayJanuary 19, 2024

Japan

Japanese Communist Party picks first-ever female leader

[ad_1] The Japanese Communist Party (JCP) chose Tomoko Tamura as its first-ever female leader Thursday, apparently in the hope of broadening its support base and attracting a wider array of voters.Upper House member Tamura, 58, takes over the chair of the 102-year-old political party — Japan’s oldest — from 69-year-old Kazuo Shii, who had served in the position since 2000 and was the longest-serving head of a major Japanese political […]

todayJanuary 19, 2024

Japan

Anticipation soars as Japan’s SLIM readies for moon landing

[ad_1] Amid an international space race, anticipation is building as the Japan Aerospace Exploration Agency’s lunar lander gears up for Saturday’s touchdown on the moon’s surface, putting the agency's pinpoint landing technology to the test in a mission that could accelerate international space exploration.Nicknamed “Moon Sniper,” JAXA’s Smart Lander for Investigating Moon (SLIM) is on its way to the lunar surface, having successfully entered lunar orbit in late December and […]

todayJanuary 19, 2024

Japan

Kishida weighs disbanding his faction amid political funds scandals

[ad_1] In a move that stunned observers, Prime Minister Fumio Kishida said Thursday that he is considering abolishing his faction in a bid to restore public trust toward politics amid a series of political funds scandals.“I am considering abolishing Kochikai,” Kishida told reporters Thursday evening, referring to his former faction. “If it benefits restoring trust toward politics, I need to consider it.”Kishida stepped down from his position as faction chief […]

todayJanuary 18, 2024

Japan

War pushes Sudan to brink of first famine in decades

[ad_1] Sudan is on the verge of a famine in parts of the capital city Khartoum and the central Darfur region due to the conflict between two rival military factions, the World Food Programme said.Millions of people are at risk of starvation amid the worst conditions since at least 2003. A nine-month war between Sudan’s army and the paramilitary Rapid Support Forces has cut off huge swaths of the North […]

todayJanuary 18, 2024

Japan

Japan inks deal to buy 400 long-range missiles from U.S.

[ad_1] Japan signed a deal with its ally the United States on Thursday to buy 400 long-range Tomahawk missiles as it ramps up its military capacity to counter regional security threats. Faced with growing Chinese military clout and a nuclear-armed North Korea, the Japanese government plans to double its defense spending to the NATO standard of 2% of GDP by 2027. A sale of up to $2.35 billion (¥348 billion) […]

todayJanuary 18, 2024

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