Russia vetoes UN resolution against nuclear space race

By Edith M. Lederer | Associated Press UNITED NATIONS — Russia on Wednesday vetoed a U.N. resolution sponsored by the United States and Japan calling on all nations to prevent a dangerous nuclear arms race in outer space, calling it “a dirty spectacle” that cherry picks weapons of mass destruction from all other weapons that … Read more

Celebrity Investment Scam Victims In Japan Sue Facebook, Seek $148,000 In Damages

Representational Image Tokyo: Four scam victims in Japan sued Facebook on Thursday after being hoodwinked by fraudulent online investment ads that used images of celebrities without their consent, their lawyer said. Online hoaxes posted on Facebook and other social media channels in Japan led to 27.8 billion yen ($178 million) in losses last year, according … Read more

Opinion | Japan’s latest military gamble reflects a changing security landscape

At the same time, it has been working towards increasing its defence budget to 2 per cent of its gross domestic product by 2027, which will potentially make it the third biggest defence spender in the world after the United States and China. In addition, back in 2015, when Shinzo Abe was Japanese prime minister, … Read more

Japanese yen hits fresh 34-year low despite verbal intervention from authorities

The Japan flag is juxtaposed against a Japanese yen bank note. Javier Ghersi | Moment | Getty Images The yen slipped past 155 against the U.S. dollar on Thursday, touching a new 34-year low against continued strength in the greenback. The weakness comes as the Bank of Japan is due to release its monetary policy … Read more

Bird flu resurgence drives up egg prices, spurring some to stock up

Unstamped brown eggs. Picture Alliance | Picture Alliance | Getty Images Bird flu fears are driving up egg prices again. After having subsided for most of 2023, a recent resurgence of avian influenza in poultry facilities across the U.S., Japan and other nations have caused prices of eggs to jump again. The virus, commonly referred … Read more

SoftBank to invest millions in AI push, tapping Nvidia’s chips: Nikkei

Signage at a SoftBank Corp. store in the Ginza district of Tokyo, Japan, on Wednesday, Nov. 1, 2023. Kiyoshi Ota | Bloomberg | Getty Images Japanese tech conglomerate SoftBank is looking to develop a “world-class” Japanese-language-specific generative artificial intelligence model, and plans to invest $960 million in the next two years to bolster its computing facilities, according to a Nikkei report.  … Read more

stocks, news, earnings and data

Stocks on the move: Galp up 17%, Sartorius Stedim down 2.6% Shares of Portugal’s Galp Energia soared to a 16-year-high, rising 17% in morning trade after the oil and gas company announced positive prospects for its gas exploration project in Namibia. Meantime, shares of British biopharma firm Sartorius Stedim fell 2.6% as it struggled to pare … Read more

In Japan, US book on transgender surgery for young people sparks threats, heated debate

The Sankei newspaper’s refusal to bow to what it claims is an assault on free speech has attracted support from across the political spectrum. “It’s appalling that far-left groups are attempting to intimidate publishers and bookshops and trying to influence what people can read, and I am glad that they are not succumbing to that … Read more

Chinese nationalists take aim at Japanese animation master Miyazaki’s WWII film

The mixed responses came despite Miyazaki’s well-known anti-war stance in Japan, where he made headlines in 2015 for urging his country’s leaders “to say clearly that aggressive war was completely wrong, having brought enormous damage to the Chinese people”. Miyazaki, a co-founder of Japanese animation company Studio Ghibli and director of films such as Spirited … Read more

One dead, 7 missing after 2 Japanese navy choppers crash in Pacific

Two Japanese navy helicopters carrying eight crew members crashed in the Pacific Ocean south of Tokyo during a nighttime training flight after possibly colliding with each other, the country’s defense minister said Sunday. One crew member who had been recovered from the waters was later pronounced dead, while rescuers searched for seven others who were … Read more