Schumer to visit China, Japan and South Korea with Senate delegation

Comment on this storyComment Senate Majority Leader Charles E. Schumer (D-N.Y.) will lead a bipartisan delegation of senators on a visit to China, Japan and South Korea this month as part of an effort to advance U.S. interests in the region, his office confirmed. Three Democrats and three Republicans will make up the delegation led … Read more

Bank of Japan survey shows manufacturers optimistic about economy

TOKYO — Business sentiment among big Japanese manufacturers improved in July-September for the second straight quarter, according to a central bank survey released Monday. The Bank of Japan’s “tankan” quarterly survey measured business sentiment among major manufacturers at plus 9, up from plus 5 in June. Sentiment among major non-manufacturers rose four points to plus … Read more

Is the party over? New data suggests revenge travel may be ending soon

The era of unabated “revenge travel” may be coming to a close. New reports show that, after years of inflation and rising travel costs, travelers may finally be curtailing their travel plans. A new report by the research company Morning Consult shows that travel intentions are increasing in several countries, but flatlining or falling in … Read more

Chinese Hackers Are Hiding in Routers in the US and Japan

WIRED broke the news on Wednesday that SoundThinking, the company behind the gunshot-detection system ShotSpotter, is acquiring some assets—including patents, customers, and employees—from the firm Geolitica, which developed the notorious predictive policing software PredPol. WIRED also exclusively reported this week that the nonprofit Electronic Privacy Information Center is calling on the US Justice Department to … Read more

Filipinas lose big to Japan to end Asian Games football campaign

Philippine women’s football team in the Asian Games. –PWNT/PFF The Philippine women’s football team saw its Hangzhou Asian Games women’s football campaign come to an end with a harsh 8-1 quarterfinal loss to Japan amid rainy conditions on Saturday at Wenzhou Sports Center Stadium. Reduced to 10 players after the dismissal of team captain Hali … Read more

After US approval, Japan OKs its first Alzheimer’s drug. Leqembi was developed by Eisai and Biogen

Japan’s health ministry has approved Leqembi, a drug for Alzheimer’s decease that was jointly developed by Japanese and U.S. pharmaceutical companies ByMARI YAMAGUCHI Associated Press September 26, 2023, 2:18 AM This undated image made from video provided by Eisai Co., Ltd., shows Leqembi, a drug for Alzheimer’s decease that was jointly developed by Japanese and … Read more

5 new shops for tea, coffee and meditation

Kyoto’s flat geography makes long strolls easy. And by using bustling Shijo Street — also known as Shijo-dori — as a main street for navigation, it was a breeze to weave through the city during my three-month trip in May. Between meal runs and plotting routes to popular attractions such as Nijo Castle and Kiyomizudera, … Read more

BOJ leaves rates unchanged, maintaining ultra-loose monetary policy

An undated editorial photograph combining images of Japanese yen bank notes with stock market indicators. Javier Ghersi | Moment | Getty Images Japan’s central bank maintained its ultra-loose policy and left rates unchanged on Friday, mindful of the “extremely high uncertainties” on the growth outlook domestically and globally. In a policy statement after its September … Read more

Bond expert says Japan hikes could spark a decade of repatriation

The Bank of Japan could be forced into hiking rates sooner than expected if the Japanese yen weakens beyond 150 to the dollar, according to Bob Michele, global head of fixed income at JP Morgan Asset Management. Higher rates could then unwind the yen carry trade and spark a return of Japanese capital to its … Read more

US ambassador to Japan calls Chinese language ban on Japanese seafood ‘financial coercion’

TOKYO — U.S. Ambassador to Japan Rahm Emanuel accused China on Friday of utilizing “financial coercion” in opposition to Japan by banning imports of Japanese seafood in response to the discharge of handled wastewater from the broken Fukushima nuclear plant into the ocean, whereas Chinese language boats proceed to fish off Japan’s coasts. “Financial coercion … Read more