Category Archives: Japan

Japan releases 200,000 tonnes of emergency rice stockpile as prices soar

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Agriculture minister says rising prices have ‘had a significant impact on people’s lives’ amid record heat, surges in demand and distribution problems

Japan is to flood the market with almost a quarter of a million tonnes of stockpiled rice in an unprecedented attempt to arrest soaring prices caused by record summer heat, panic buying and distribution problems.

The government will release up to 210,000 tonnes of rice, the agriculture minister, Taku Eto, said on Friday, as consumers battled a surge in prices of more than 50% in recent months.

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Sweet romance: Japanese boys start buying into gift giving on Valentine’s Day

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Women are traditionally expected to buy chocolates for male colleagues on Valentine’s Day but teenage boys are shunning the one-sided custom

It has been several years since Japanese women first signalled their contempt for the long tradition of showering male colleagues with chocolates on Valentine’s Day. Now the country’s young people are slaying another sacred cow associated with Friday’s orgy of commercialised romance: one-sided gift giving.

Traditionally, women are expected to buy gift-wrapped chocolates for the men in their working lives, usually senior colleagues and others to whom they feel indebted – a tradition called giri choco, literally “obligation chocolates”.

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Nissan and Honda end $60bn merger talks

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Both Japanese carmakers say they will continue to cooperate on electric vehicle technology

Japan’s Nissan and Honda have said that their boards have voted to end talks over a merger that would have created a $60bn (£48bn) auto group, but added that both companies would continue to cooperate in electric vehicles.

A merger would have spawned the world’s fourth-biggest carmaker by vehicle sales after Toyota, Volkswagen and Hyundai.

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Trump and Japanese PM Ishiba talk tariffs and vow to stand against Chinese ‘aggression’

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Leaders praise each other at White House but president warns Japan could face tariffs if it doesn’t cut US trade deficit to zero

The Japanese prime minister, Shigeru Ishiba, and the US president, Donald Trump, struck a warm tone at their first meeting on Friday, with Tokyo avoiding tariffs that Trump has slapped on other allies – for now.

Heaping praise on each other at the White House, the two leaders pledged to stand together against Chinese “aggression” and said they found a solution for a blocked deal for troubled US Steel.

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Japan’s PM heads to Washington hoping he can recreate rapport of Trump-Abe era

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Shigeru Ishiba will seek familiar guarantees: that the US will continue to stand on Japan’s side against China and North Korea

Donald Trump had yet to get his feet under the Oval Office desk when he held his first meeting with a foreign leader in late 2016. Shinzo Abe, then Japan’s prime minister, arrived at Trump Tower in November that year bearing a gift of a gold-plated golf club and harbouring a determination to get the Japan-US relationship under Trump off to the best possible start.

The success, or otherwise, of Abe’s charm offensive had potentially serious repercussions. During the election campaign, Trump had suggested he would withdraw US troops from Japan, contingent on Tokyo’s willingness to make a bigger financial contribution to their countries’ postwar alliance.

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Parts of Japan blanketed by thick snow during strongest cold front for years

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Hokkaido and the Japan Sea coast have been hardest hit, forcing domestic airlines to cancel flights between cities in the region and Tokyo

Large parts of Japan have been blanketed with snow, as the lowest temperatures this winter disrupted rail and air travel, amid warnings that more heavy snowfall was expected through the weekend.

Residents struggled to dig out cars that had been buried by snow in just a few hours, with the meteorological agency describing the cold front as the “strongest in several years”.

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Fears grow in Japan for truck driver trapped in sinkhole for third day

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Residents near Tokyo question slow pace of effort to rescue 74-year-old as workers race to build 30-metre ramp

Fears are growing for a truck driver who has spent three days trapped inside a sinkhole in Japan, as rescue workers started building a ramp in a desperate attempt to reach him.

The 74-year-old, who has not been named, became trapped when the sinkhole opened up in a road near Tokyo on Tuesday, swallowing him and his two-tonne truck.

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SoftBank ‘in talks’ to invest up to $25bn in OpenAI

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Reported move would make Japanese group largest financial backer of US startup behind ChatGPT

The Japanese investment group SoftBank is reportedly in talks to invest up to $25bn (£20bn) in OpenAI in a deal that would make it the biggest financial backer of the startup behind ChatGPT.

The lender is considering putting a sum of between $15bn and $25bn into the San Francisco-based company, according to the Financial Times.

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Race to rescue driver trapped in Japan sinkhole for two days

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Attempts in Japan to retrieve the man were temporarily halted early on Wednesday after a second sinkhole appeared

Rescue workers in Japan are battling water leaks, gas pipes and unstable ground as they attempt to reach a man whose truck fell into a sinkhole near Tokyo two days ago.

The hole, which is reportedly 10 metres across and 10 metres deep, opened up at an intersection in Yashio, Saitama prefecture, on Tuesday morning, swallowing the 74-year-old truck driver and his two-tonne vehicle.

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Picture prefect: Japanese city deploys guards to control unruly tourists seeking perfect shot

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Overseas tourists are blocking roads or walking onto railway tracks in Otaru to capture its views, stoking local resentment and complaints of overtourism

Authorities in Japan are stepping up measures to deter crowds of overseas visitors from taking risks in their quest for the perfect photo, in another attempt to address the negative impact of a record surge in inbound tourism.

Tourism officials in Otaru, a small city in the northernmost main island of Hokkaido, deployed security guards this week to prevent people congregating on Funami-za, a steep street and the perfect spot for photos of the port and sea in the distance.

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Open (your wallet) wide: Australians pay more for dental care than most OECD countries

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Australia ranks well when it comes to total dental care expenditure. But a closer look at the numbers reveals that trips to the dentist are a luxury many people can’t afford

Australia spent $11.1bn on dental care in 2021–2022, ranking it sixth out of 31 OECD countries for per capita expenditure.

At first glance, that statistic seems pretty good. Dig deeper? Not so much.

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Joe Biden delays order to end Nippon Steel bid for US Steel

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Suspension of executive order until 18 June gives courts time to review steelmakers’ legal challenge

The Biden administration has delayed until June an order for Nippon Steel to abandon its $14.9bn bid for US Steel, potentially giving the companies some time to revive the politically contentious deal.

Joe Biden blocked the acquisition on national security grounds on 3 January and the treasury secretary, Janet Yellen, said this week the proposed deal had received a “thorough analysis” by the Committee on Foreign Investment in the United States (CFIUS).

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Japanese yakuza leader pleads guilty to trafficking nuclear materials from Myanmar

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US authorities charged Takeshi Ebisawa with conspiring to traffic nuclear materials from Myanmar for expected use by Iran in nuclear weapons

A member of the Japanese criminal underworld has pleaded guilty to handling nuclear material sourced from Myanmar and seeking to sell it to fund an illicit arms deal, US authorities have said.

Yakuza leader Takeshi Ebisawa and a co-defendant had previously been charged in April 2022 with drug trafficking and firearms offences, and both were remanded.

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World’s oldest person, Tomiko Itooka, dies in Japan aged 116

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Itooka, who died at a care home in Ashiya, enjoyed bananas and had been a keen mountain climber

A Japanese woman who was the world’s oldest living person has died at the age of 116.

Tomiko Itooka, who was awarded the Guinness World Record status last year, died on 29 December at a care home in Ashiya, Hyogo prefecture in central Japan.

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Weather tracker: Cold air over warm waters brings heavy snow to Japan

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Prefectures in north hit by falls of up to 30cm in a day as similar weather pattern affects parts of north America

Heavy snow fell across northern Japan on Thursday, with the prefectures of Hokkaido, Aomori, Yamagata and Niigata particularly affected. Accumulations of 20-30cm over a 24-hour period were recorded across the affected areas, with local totals of more than 30cm near Aomori City.

The snowfall was a result of heavy showers generated by a cold airmass moving in from the north-west across the relatively warm waters of the Sea of Japan. This resulted in warming of the lowest levels of the atmosphere, leading to rising motion and convective shower development caused by the increased moisture. Ascent was further aided by the mountainous terrain across northern Japan.

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Japan urges Australians to head off the beaten track as record numbers flood tourist hotspots

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About 807,800 Australians visited Japan between January and November last year, nearly 200,000 more than the previous record in 2019

Japan’s tourism board has urged holidaymakers to swap Tokyo and Kyoto for towns in Tohoku and Kanazawa as Australian tourists flood Japan’s cities in record numbers.

About 807,800 Australians visited Japan between January and November last year, nearly 200,000 more than the previous record in 2019, according to provisional estimates from the Japan National Tourism Organisation (JNTO).

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Sake: Japan’s ‘divine gift’ given special status by Unesco

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Rice wine enshrined as part of ‘cultural heritage of humanity’

Sake is perhaps more Japanese than the world-famous sushi. It’s brewed in centuries-old mountaintop warehouses, savoured in the country’s pub-like izakayas, poured during weddings and served slightly chilled for special toasts.

Now, the smooth rice wine that plays a crucial role in Japan’s culinary traditions - and is a favoured tipple of celebrities such as Cate Blanchett – has been enshrined by Unesco, which has put it on its list of the “intangible cultural heritage of humanity”.

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Donna Nelson, who claims she was love scam victim, jailed for smuggling drugs into Japan

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Donna Nelson sentenced to six years in prison after court finds her guilty of bringing methamphetamine into country

The jailing of an Australian woman in Japan is “really distressing” for her family, the federal government has acknowledged as it committed to doing all it could to help her.

The Australian federal health minister, Mark Butler, made the promise a day after Donna Nelson was sentenced to six years for smuggling methamphetamine into Tokyo in January 2023, despite her claims she had been the victim of an online romance scam.

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Trump says he will block Nippon Steel’s $14.9bn bid to acquire US Steel

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Acquisition of Pittsburgh-based steel producer by Japanese company has faced opposition from steelworkers and Biden

Donald Trump said on Monday that he intends to block Japan’s Nippon Steel’s $14.9bn bid to acquire US Steel in a move that will fuel further fears about a global trade war when the Republican returns to the White House next month.

“I am totally against the once great and powerful U.S. Steel being bought by a foreign company, in this case Nippon Steel of Japan” the US president-elect said in a statement on Monday, adding: “Through a series of Tax Incentives and Tariffs, we will make U.S. Steel Strong and Great Again, and it will happen FAST! As President, I will block this deal from happening. Buyer Beware!!!”

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Japan’s Nomura bank boss takes 30% voluntary pay cut after worker tries to kill customer

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Wealth management employee charged with robbery, attempted murder and arson after home visit to elderly clients

The boss of the Japanese bank Nomura has apologised and taken a voluntary pay cut after a former employee was charged with robbery and attempted murder of a customer.

Kentaro Okuda, who has led Nomura since 2020, will take a 30% pay cut over the next three months, with several other senior managers at the bank taking similar reductions, the bank said.

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