Sanae Takaichi Skips Controversial Yasukuni Shrine Visit

Japanese Prime Minister Sanae Takaichi opted against visiting the controversial Yasukuni Shrine on the 81st anniversary of Japan’s surrender in World War II, apparently to prioritize diplomatic relations with China and South Korea. While she avoided the site, she did not offer an apology for wartime atrocities, instead focusing her address on Japan’s postwar contributions … Read more

Lexus LBX Morizo RR Debuts at Beat the Blue

The high-performance Lexus LBX Morizo RR pairs the turbocharged 1.6-litre three-cylinder engine and all-wheel-drive system of Toyota’s GR Yaris rally car with a compact crossover body, priced from about $84,000 drive-away in Australia, according to local vehicle testing and pricing data. Performance Specs and Rally Roots of the Lexus LBX Morizo RR Toyota’s rally engineering … Read more

Goldman Sachs: Japan Has Ample Firepower for Yen Intervention

Japan retains approximately $200 billion in cash and cash equivalents out of its roughly $1 trillion in total U.S. dollar reserves, providing authorities with ample firepower for additional currency interventions on the scale of last month’s historic operation, according to Goldman Sachs. The assessment highlights Tokyo’s capacity to defend the yen as the currency drifts … Read more

North Korea Fires Ballistic Missile Amid US-South Korea Drill Plans

North Korea launched a ballistic missile toward the Sea of Japan on Wednesday, August 12, 2026, marking its second weapons test in less than a week as Seoul and Washington prepare for major joint military exercises. According to South Korean and Japanese authorities, the missile traveled more than 700 kilometers after being fired from the … Read more

China Braces for Typhoon Dolphin: Flights Cancelled and Evacuations Ordered

More than 1,600 flights have been cancelled and approximately 500,000 people evacuated as Typhoon Dolphin approaches China’s eastern coast with winds reaching 162km/h (101mph), according to the National Meteorological Center (NMC) and state media reports. Flight Cancellations and Transportation Disruptions Aviation and transit networks faced immediate shutdowns as the severe weather system approached. According to … Read more

Australia Edges Japan 35-32 in Les Kiss Debut After Red Card Thriller

Australia secured a tight 35-32 victory over Japan in Osaka, overcoming a first-half red card and stifling heat in Les Kiss’s first match in charge of the Wallabies, according to the Associated Press. The hard-fought contest tested the visitors’ depth as temperatures hovered near 30 C (86 F) and Japan mounted a fierce second-half comeback … Read more

Yen Rally Fades After Intervention as Focus Shifts to Policy

A joint currency intervention by the United States and Japan has failed to hold its initial impact, with the yen drifting lower one week after Treasury and Bank of Japan officials stepped into markets. According to data tracked since the July 31 announcement, the coordinated effort initially lifted the currency from just above 163 to … Read more

Global Currency Markets: Key Impacts and Economic Shifts

A coordinated U.S.-Japan currency intervention to support the yen has fundamentally altered how global investors calculate risk and manage funding trades, according to market strategists. The operation—which combined joint financial firepower, political backing, and reportedly the euro-yen cross rather than direct dollar-yen execution—represents the first U.S.-Japan joint operation to buy yen since 1998. How the … Read more

3 Lions Die of Heatstroke at Japanese Zoo

Three captive lions have died of suspected heat stroke at Tokyo’s Tama Zoological Park following severe mid-summer temperatures across Japan, according to zoo officials. The deaths mark the first heat-related fatalities in the 62-year history of the facility’s lion population, a zoo representative told the BBC. Heat Stroke Deaths at Tama Zoological Park Over the … Read more

Takaichi’s Fiscal Push: Growth Risks and Japan’s Rising Interest Bill

Japanese Prime Minister Sanae Takaichi is advancing a legislative package to temporarily slash the consumption tax on food to 1% from 8%, creating an expansionary fiscal gamble that has drawn sharp warnings from the International Monetary Fund and senior members of her own ruling party over ballooning national debt. According to Nikkei, the ruling Liberal … Read more