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Announcements

Lawson to be removed from JPX-Nikkei Index 400

Deletion follows company's designation as stock 'to be delisted'

3 July 2024
Plaintiffs gather near the Supreme Court before its ruling on July 3 in Tokyo. (Photo by Akitoshi Sugiura)
Society

Japan top court orders government to pay damages over forced sterilization

Plaintiffs suffered in 1950s to 1970s under now-defunct eugenics protection law

3 July 2024
Blackstone is accelerating the pace of its deals in the Japanese health care business, including the purchase of an over-the-counter drugmaker. (Source photos by Tomoki Mera and Jo Miyaguchi)
Pharmaceuticals

Blackstone targets health care sector in Japan push

Alinamin Pharma sale is latest in string of deals by U.S. private equity

3 July 2024
BOJ Governor Kazuo Ueda speaks during a ceremony on the day of the new notes of 10,000 yen, 5,000 yen and 1,000 yen went into circulation, at the BOJ headquarters in Tokyo on July 3. (Pool photo)
Currencies

Cash-loving Japan redesigns banknotes for first time in two decades

Bills embrace cutting-edge tech in a world first, are clearer to non-Japanese

3 July 2024
Japan's redesigned yen notes are the first in the world to adopt 3D holograms as an anticounterfeit measure. (Photo by Mizuho Miyazaki)
Currencies

Japan rolls out new banknotes, with 90% of bank ATMs ready

Bills feature 3D holograms, other latest anticounterfeit measures

3 July 2024
Norinchukin Bank has said it had 2.2 trillion yen in unrealized losses on bonds as of March. (Photo by Kodai Mihara)
Finance

Moody's weighs downgrade to Japan's Norinchukin on foreign-bond losses

Unprofitable holdings to 'materially' hurt earnings after sale, ratings agency says

3 July 2024
Questions about U.S. President Joe Biden's cognitive health swirl following his halting June 27 debate performance.
Opinion

Asian officials brace for Trump 2.0 after Biden debate meltdown

Few relish prospect of more of the chaos wrought by former president's first term

3 July 2024
Japan lags behind other countries in number of cyberdefense personnel. (Japan Defense Ministry)
Cybersecurity

Japan aims to boost Self-Defense Force cyber personnel to 4,000

Government considers relaxed physical standards and plans new testing system

3 July 2024
A worker takes a reading at a power transmission and distribution center near Jakarta.
Energy

Japan commits to ASEAN power grid project to counter China

PM Kishida to reveal details of 10-year plan as utilities seek slice of market

2 July 2024
Lapulapu-Cebu International College's campus in Cebu, the Philippines: The school is recruiting more students from Japan, South Korea and Taiwan. (LCIC)  
Education

Japanese university operator looks to Philippine campus for growth

English learners from Asia get lower-cost alternative to U.S., Europe

2 July 2024
The Nikkei Stock Average hit record levels on March 22. (Photo by Yutaka Miyaguchi)
Equities

Japan's Nikkei average hits 40,000 mark for 1st time in nearly 3 months

Expectations of bigger interest margins push bank and insurer stocks higher

2 July 2024
Japan's new Nippon Individual Savings Accounts (NISA) program kicked off in January. (Photo by Toshiki Sasazu)
Equities

Foreign equity investments via new NISA likely hit record in June: Nomura

Japan retail investors shifting money into foreign equities is weighing on yen

2 July 2024
Fujifilm's Nura medical imaging center in Hanoi. (Photo by Yuji Nitta)
Health Care

Fujifilm takes AI-based health screenings to Vietnam

Japanese group eyes preventive care in aging Southeast Asia

2 July 2024
Japan’s progress in the cyber domain has lagged.
Opinion

Japan's national security renaissance needs a cybersecurity revolution

Tokyo faces financial, personnel, legal and political challenges to boosting cybersecurity

2 July 2024
Alinamin Pharmaceutical has come out with a broader range of drinks and other products under Blackstone's ownership. (Photo by Moe Saito)
Business deals

Blackstone to sell Japan supplement maker Alinamin to MBK for $2.2bn

OTC drugmaker focuses on overseas growth amid saturated domestic market

2 July 2024
Overtourism has become a problem at Mt. Fuji, Japan's tallest and most iconic mountain. (Photo by Takayuki Matsunaga)
Travel & Leisure

Mt. Fuji opens for season with traffic cap, toll to combat overtourism

Local governments hope new restrictions help reduce crowds and accidents

2 July 2024
Hoshino Resorts Tomamu, a ski resort, highlights Hokkaido's natural beauty. (Hoshino Resorts)
Business deals

China's Fosun to sell Hokkaido ski resort for $250m

Conglomerate jettisons Hoshino Resorts Tomamu amid real estate slump

2 July 2024
Morus CEO Ryo Sato explains his company's business during an event in Singapore on June 25. (Photo by Fumika Sato)
Startups

Japanese startup to sell protein-rich 'silkworm food' in Singapore

City-state's move to allow edible insects attracts businesses from Asia

1 July 2024
An H3 rocket is launched from the Tanegashima Space Center in Kagoshima Prefecture on July 1.
Aerospace & Defense Industries

Japan's H3 rocket makes second successful launch

Three-ton ALOS-4 radar satellite placed in sun-synchronous orbit

1 July 2024
One of Aeon's stores in the Yangon area.
International relations

Japan supermarket chain Aeon says official detained in Myanmar

53-year-old employee held for alleged rice pricing violation

1 July 2024
An advertisement for Douyin, the Chinese version of TikTok, at a bus stop in Beijing. Douyin has condemned comments that "disrupted the positive and peaceful atmosphere of the platform."
Crime

China social networks condemn anti-Japanese hate speech after knife attack

Platforms criticize extremist comments for promoting 'xenophobia'

1 July 2024
The average land price in Japan rose 2.3% in 2024 from a year earlier, logging its third consecutive year of gains, the country's land ministry reported on July 1.
Property

Japan land price rises over 2% for 1st time amid post-COVID bounce

Twenty-nine out of 47 prefectures see rises; Fukuoka has biggest gains

1 July 2024
The Bank of Japan released the results of the latest Tankan business sentiment survey as it considers the timing of a pending policy shift. (Photo by Maho Obata)
Economy

Japan business mood rises for the first time in 6 months: BOJ Tankan

Quarterly survey results come amid BOJ's pending policy shift

1 July 2024
Supporters of India's Prime Minister Narendra Modi wear masks at a March campaign rally in Meerut, India. Modi's party used AI to translate and stream campaign speeches into multiple local languages.
Artificial intelligence

From Indonesia to India to U.S., AI creeps into elections

Avatars and interpreters help candidates connect with voters, but deepfakes pose risk

1 July 2024
Japan's real GDP shrank an annualized 2.9% in January-March, down from an earlier estimate of a 1.8% contraction.
Economy

Japan downgrades Q1 GDP to annualized 2.9% drop

Construction data in unscheduled revision darkens recovery prospects

1 July 2024