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Japan braces for power crunch as temperatures climb, rainy season ends
Visitors wearing protective masks to help curb the spread of the coronavirus walk on a stone bridge over a pond at Ueno Park Monday, June 13, 2022, in Tokyo. Hot weather on Monday has set with temperatures rising up over 27 degrees Celsius (80.6 degrees Fahrenheit) in Tokyo, according to the Japan Meteorological Agency. (AP Photo/Eugene Hoshiko)
international business
Bank of Japan deputy governor repeats vigilance of FX impact on economy
FILE PHOTO: Illustrative picture shows Japanese 10,000 yen bank notes spread out at an office of World Currency Shop in Tokyo in this August 9, 2010 illustrative picture. REUTERS/Yuriko Nakao/File Photo/File Photo
investment ideas
Markets not braced for Japanese, Swiss central bank liquidity drain
Exterior of Bank of Japan's headquarter is pictured in Tokyo, Japan, June 17.
international business
Japanese high court rejects Canadian man’s paternity harassment claims
Former brokerage manager Glen Wood, who has filed a paternity harassment lawsuit in Japan against Mitsubishi UFJ Morgan Stanley, heads to the High Court with his son Alexander for an appeal ruling Thursday, June 23, 2022, in Tokyo. The court on Thursday rejected an appeal by Wood, alleging on-the-job harassment and unlawful dismissal after he took paternity leave at Mitsubishi UFJ Morgan Stanley. (AP Photo/Yuri Kageyama)
international business
Toyota recalls first mass-produced EVs less than 2 months after launch
FILE PHOTO: 2023 Toyota bZ4X all-electric SUV is displayed during the 2021 LA Auto Show in Los Angeles, California, U.S. November, 17, 2021. REUTERS/Mike Blake
world
Japanese court rules ban on same-sex marriage is not unconstitutional
Plaintiffs head to the Osaka District Court before the court delivers a ruling on the legality of same-sex marriages in Osaka, Osaka Prefecture, Japan in this photo taken by Kyodo June 20, 2022. Mandatory credit Kyodo/via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. MANDATORY CREDIT. JAPAN OUT. NO COMMERCIAL OR EDITORIAL SALES IN JAPAN
international business
Stocks eye steepest slide in years as central bankers roil markets
A Specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 16, 2022. REUTERS/Brendan McDermid
world
South Korea says it will boost defence capacity to counter North Korean threat
South Korea's Minister of National Defense Lee Jong-sup speaks at the Shangri-La Dialogue summit in Singapore on June 12, 2022. (Photo by ROSLAN RAHMAN / AFP) (Photo by ROSLAN RAHMAN/AFP via Getty Images)
asia-pacific business
Japan edges closer to intervention in yen after rare government, central bank joint statement
This photo illustration shows a person counting out Japanese 10,000 yen banknotes (75 USD) in Tokyo on June 8, 2022. - The dollar fetched 133.03 yen in Asian trade on June 8, its highest in two decades. (Photo by Behrouz MEHRI / AFP) (Photo by BEHROUZ MEHRI/AFP via Getty Images)
world
UN elects new council members including Japan, Switzerland
FILE -Secretary of State Antony Blinken presides over a UN Security Council Meeting on Food Insecurity and Conflict, Thursday, May 19, 2022, at United Nations headquarters. U.N. member nations elected five countries to join the powerful U.N. Security Council on Thursday, June 9, 2022 with no suspense or drama because all were unopposed -- Ecuador, Japan, Malta, Mozambique and Switzerland. (AP Photo/John Minchillo, FGile)
world
U.S., Asian allies fly fighter jets amid rising tensions with North Korea
In this photo provided by South Korea Defense Ministry, U.S. and South Korea Air Force fighter jets including South Korea's F-35A stealth fighters – and U.S. F-16 fighter jets, fly in formation during a joint drill on Tuesday, June, 7, 2022. The South Korean and U.S. militaries flew 20 fighter jets over South Korea's western sea Tuesday in a continued show of force as a senior U.S. official warned of a forceful response if North Korea goes ahead with its first nuclear test explosion in nearly five years. (South Korea Defense Ministry via AP)
world
Japan's PM condemns North Korea missile launch
Video0:28
world
Japan considers resuming tourism discount as COVID-19 eases
FILE PHOTO: A sign for 'Go To Travel' campaign, a Japanese government-backed travel discount program encouraging domestic travel to help boost the economy, is displayed at a souvenir shop along Nakamise Street at Asakusa district, a popular sightseeing spot, amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan October 13, 2020. REUTERS/Issei Kato/File Photo
world
Australia’s centre-left Labor party to govern outright, new prime minister says
FILE PHOTO: Australian Prime Minister Anthony Albanese attends the Quad leaders’ summit, in Tokyo, Japan, May 24, 2022. Yuichi Yamazaki/Pool via REUTERS
international business
Toyota cuts June output plan again as China lockdowns bite
FILE PHOTO: Toyota Motor Corporation's cars are seen at a briefing on the company's strategies on battery electric vehicles (EVs) in Tokyo, Japan, December 14, 2021. REUTERS/Kim Kyung-Hoon/File Photo
world
Japan to resume tourism in June; only packaged tour for now
FILE - People walk along a pedestrian crossing in the tourist district of Asakusa, near the landmark Tokyo Skytree tower in Tokyo, Japan on Saturday, July 31, 2021. Japan will reopen its borders to foreign tourists June 10, 2022, but only to package tour participants for now, officials said Thursday, as the country starts to cautiously open its borders to foreign tourism for the first time in about two years. (AP Photo/Kantaro Komiya, File)
economy
G7 ministers may pledge to phase out coal, decarbonise power: draft
FILE PHOTO: Steam rises from the cooling towers of the coal power plant of RWE, one of Europe's biggest electricity and gas companies in Niederaussem, Germany, March 3, 2016. REUTERS/Wolfgang Rattay/File Photo
opinion
Biden’s visit to Asia highlights the continent’s ‘Finlandization’ – a desire to steer clear of conflict between Russia and the West
Takatoshi Ito
market news
The close: Stocks climb as Fed minutes show determination on rates
world
U.S. would use force to defend Taiwan from Chinese invasion, Biden says
People cross a street in Keelung, Taiwan, May 23, 2022. REUTERS/Ann Wang
world
Biden hails Japanese PM Kishida as ‘good friend’, says U.S. fully committed to Japan’s defence
U.S. President Joe Biden and Japan's Prime Minister Fumio Kishida shake hands as they attend a bilateral meeting at Akasaka Palace in Tokyo, Japan, May 23, 2022. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAY
world
COVID-19 may be factor in lack of North Korea response to U.S. outreach, official says
A sign is seen on a street closed to traffic, amid growing fears over the spread of the coronavirus disease (COVID-19), in Pyongyang, North Korea, in this photo released by Kyodo on May 18, 2022. Kyodo/via REUTERS
world
As Biden visits Asia, Beijing launches military drills in disputed South China Sea
US President Joe Biden speaks following a tour of the Samsung Electronics factory in Pyeongtaek on May 20, 2022. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)
world
War in Ukraine leads Japan to rethink pacifism, renew ties with allies and keep wary eyes on China and Russia
world
Japan approves plans to release treated radioactive waste water from wrecked Fukushima nuclear plant
FILE - Tanks storing treated radioactive water after it was used to cool the melted fuel are seen at the Fukushima Daiichi nuclear power plant, run by Tokyo Electric Power Company Holdings (TEPCO), in Okuma town, northeastern Japan, on March 3, 2022. Japan’s nuclear regulator on Wednesday, May 18, 2022, approved plans by the operator of the wrecked Fukushima nuclear plant to release its treated radioactive wastewater into the sea next year, saying the outlined methods are safe and risks to the environment minimal. (AP Photo/Hiro Komae, File)
market news
The close: U.S. stocks suffer worst drop in two years as weak Target earnings rattles inflation-wary investors
NEW YORK, NEW YORK - MAY 18: Traders work on the floor of the New York Stock Exchange (NYSE) on May 18, 2022 in New York City. The Dow Jones Industrial Average fell over 1000 points as markets continue their volatile trend. (Photo by Spencer Platt/Getty Images)
world
Okinawa, Japan, marks half century since U.S. handover as regional tensions grow
FILE - An elderly woman prays in front of the Cornerstone of Peace monument walls on which the names of all those who lost their lives during the Battle of Okinawa, at the Peace Memorial Park in Itoman on Okinawa island, southern Japan, on June 23, 2015. Okinawa on Sunday, May 15, 2022, marks the 50th anniversary of its return to Japan on May 15, 1972, which ended 27 years of U.S. rule after one of the bloodiest battles of World War II was fought on the southern Japanese island. (Hiroko Harima/Kyodo News via AP, File)
market news
The close: TSX extends losing streak as market bottom remains elusive
The electronic ticker display outside the Toronto Stock Exchange Tower in Toronto on Jan., 24.
advisor etfs
ETF investing plummets to lowest level since COVID-19 crisis hit
A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 5, 2022. REUTERS/Andrew Kelly
market news
The close: TSX falls by most in nearly two years on recession fears
A trader works on the floor of the New York Stock Exchange shortly before the closing bell, June 29, 2015.
world
North Korea fired ballistic missile from submarine, South Korean military say
FILE - In this photo provided by the North Korean government, North Korean leader Kim Jong Un delivers a speech during a military parade to mark the 90th anniversary of North Korea's army at the Kim Il Sung Square in Pyongyang, North Korea on April25, 2022. Independent journalists were not given access to cover the event depicted in this image distributed by the North Korean government. The content of this image is as provided and cannot be independently verified. Korean language watermark on image as provided by source reads: "KCNA" which is the abbreviation for Korean Central News Agency. (Korean Central News Agency/Korea News Service via AP, File)
canada
Coronavirus Update: Japan is loosening its tourism travel ban, but many Canadians wanting to visit family still face near-impossible hurdles
YONAGUNI, JAPAN - APRIL 13: A man wearing a face mask waits to board a plane at Yonaguni Airport on April 13, 2022 on Yonaguni, Japan. As Japans westernmost inhabited island, just 111 kilometres away from Taiwan and located close to the disputed Senkaku Islands, Yonaguni has seen an increased military presence as the Japanese government looks to ward off Chinese activity in nearby territory claimed by both countries. Japans Air Self-Defense Force has recently announced that it will permanently station a mobile radar unit on the island, adding to an existing military radar station which allows monitoring of the Chinese mainland and tracking of Chinese ships and aircraft in the area. Japans Ground Self-Defense Force also plans to deploy an electronic warfare unit to Yonaguni in 2023. (Photo by Carl Court/Getty Images)
canada
Japan is loosening its tourism travel ban, but many Canadians wanting to visit family there still face near-impossible hurdles
YONAGUNI, JAPAN - APRIL 13: A man wearing a face mask waits to board a plane at Yonaguni Airport on April 13, 2022 on Yonaguni, Japan. As Japans westernmost inhabited island, just 111 kilometres away from Taiwan and located close to the disputed Senkaku Islands, Yonaguni has seen an increased military presence as the Japanese government looks to ward off Chinese activity in nearby territory claimed by both countries. Japans Air Self-Defense Force has recently announced that it will permanently station a mobile radar unit on the island, adding to an existing military radar station which allows monitoring of the Chinese mainland and tracking of Chinese ships and aircraft in the area. Japans Ground Self-Defense Force also plans to deploy an electronic warfare unit to Yonaguni in 2023. (Photo by Carl Court/Getty Images)
investment ideas
U.S. dollar surge leaves trail of destruction
U.S. Dollar banknotes are seen in this photo illustration taken February 12, 2018.
asia-pacific business
Bank of Japan strengthens commitment to keep rates ultralow, triggering yen sell-off
The Japanese flag flutters over the Bank of Japan (BoJ) head office building (bottom) in Tokyo on April 27, 2022. (Photo by Kazuhiro NOGI / AFP) (Photo by KAZUHIRO NOGI/AFP via Getty Images)
market news
The close: TSX has best day of 2022 as Suncor jumps; Amazon shares tumble in post market
The electronic ticker display outside the Toronto Stock Exchange Tower in Toronto on Jan. 24.