Why the U.S. stepped in after decades to prop up Japan's yen — and what's at stake

Washington's decision to join Japan in supporting the battered yen has prompted questions over what motivated the rare coordinated intervention.

Japan's government approves Takaichi's costly food tax cut despite fiscal concerns

By Takaya Yamaguchi, Yoshifumi Takemoto and Makiko Yamazaki TOKYO, Aug 5 (Reuters) - Japan's government on Wednesday signed off on Prime Minister Sanae Takaichi's flagship plan to slash the consumption tax on food,

Death toll rises to 18 as rescuers comb through quake rubble in southwestern Japan

Soldiers and emergency workers combed through a badly damaged shopping mall and collapsed houses looking for trapped survivors Wednesday after a powerful earthquake that killed at least 18 people, including a foreigner,

U.S. and Japan prop up weak yen with first joint market intervention in 15 years

The prolonged weakness of the yen, which recently hit a 40-year low against the dollar, has been a source of frustration in import-dependent Japan, where it has worsened inflation.

U.S. and Japan Coordinated to Help Stabilize the Yen

U.S. and Japanese officials confirmed that the Treasury Department had moved last week to prop up the currency, which had been trading near four-decade lows.
AsiaOne

China complains to Japan over defence white paper, foreign ministry says

China's foreign ministry on Wednesday (Aug 5) said it had complained to Japan about Tokyo's newly released defence white paper, accusing it of playing up a Chinese threat and making "unwarranted comments" about Taiwan.
The Japan Times

Takaichi emphasizes Japan’s commitment to non-nuclear principles on Hiroshima anniversary

Prime Minister Sanae Takaichi’s first appearance at the ceremony as the nation’s leader comes as the government prepares to revise key national security documents later this year.