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The Latest Breaking News from Japan

Tradition meets AI in Nishijinori weaving style from Japan's ancient capital

Nishijinori, the intricate weaving for kimonos that dates back more than a thousand years in Japan's ancient capital of Kyoto, is getting a modern-day high-tech collaborator: artificial intelligence

The Independent UK

Kristin Cabot Finally Resigns Amid Reports Her Husband Was in Japan During Coldplay Scandal

Kristin Cabot resigned from Astronomer after a workplace affair with CEO Andy Byron was exposed via a Coldplay concert video. Her husband, Andrew Cabot (Privateer Rum CEO), was overseas during the scandal.

International Business Times UK

'#Ishiba Don't Quit': Unlikely Support Grows For Japan PM

Japanese Prime Minister Shigeru Ishiba's future is uncertain but an unlikely campaign for him to stay was growing online this week, including from people who are his natural political opponents.

International Business Times

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Trump's Trade Deal With Japan A Tax On Americans — Economist Says, 'Not Remotely Optimistic' US Auto Companies Will Gain As Toyota And Honda Stocks Rally

Economist Justin Wolfers is pushing back against the narrative surrounding President Donald Trump’s new trade agreement with Japan, arguing that the deal essentially results in a tax increase for American consumers.

Benzinga

‘Japanese First’: breakthrough by rightwing populists sparks fears of anti-foreigner backlash in Japan

Analysts say the Japanese are suffering a crisis of confidence that is feeding xenophobia amid economic insecurity and a record number of foreign residents

The Guardian - AU

Dollar Edges Higher with T-Note Yields

The dollar index (DXY00 ) on Thursday rose by +0.19%. The dollar recovered from a 2.5-week low and moved higher as T-note yield rose after weekly jobless claims unexpectedly fell to a 3-month low, a sign of labor market strength that is hawkish for Fed policy and positive for the...

Barchart

Trump promised to back Detroit automakers - his deal with Japan has them shaking in their boots

A group representing the ‘big three’ US automakers raised concerns that the US-Japan trade deal could hurt US auto workers

The Independent UK

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“We have incurred anywhere between $500,000 to $750,000 in additional costs”: Will the price of guitar strings skyrocket on August 1? As tariff deadline looms, D’Addario’s CEO reveals how the firm has been weathering the storm

The firm exports nearly 45% of its products to 120 countries, with Japan being its biggest foreign market

Guitar World

Dollar Pressured by Signs of Slower US Manufacturing Activity

The dollar index (DXY00 ) today is slightly lower by -0.03%. The dollar gave up an early advance and dropped to a 2.5-week low on today's weaker-than-expected US PMI and new home sales reports. The dollar also fell as improved prospects for an EU trade agreement with the US boosted...

Barchart

Corn Back to Positive Trade on Thursday Morning

Corn price action is hovering just above unchanged on Thursday morning, with gains of 1 to 2 cents. Futures failed to see much excitement following the US/Japan trade announcement, as contracts were heavy for much of the session and closing with fractional to penny losses. Preliminary open interest rose 13,678...

Barchart

Americans are fuming after Trump gave Japan something they can’t get

Bad deal for America, great deal for Japan.

We Got This Covered

‘Risk-on’! Stocks bounce as EU and Japan trade deals give markets the certainty they crave

The TACO trade (Trump Always Chickens Out) appears to be in full effect, for anyone who was long on stocks.

Fortune

Nasdaq Futures Climb on Upbeat Alphabet Results and Trade Deal Optimism, U.S. PMI Data in Focus

September Nasdaq 100 E-Mini futures (NQU25) are trending up +0.36% this morning as investors cheer forecast-beating quarterly results from Alphabet and remain optimistic that the U.S. may strike more trade deals soon.

Barchart

After the best opening weekend ever in Japan, Demon Slayer: Infinity Castle might break Mugen Train's $500 million box office anime record

To Infinity and beyond

Total Film

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The Independent UK

Man in bear costume chased in Japanese police attack drill

A man in a bear costume chased residents in Japan during a safety drill conducted following a spate of attacks and sightings.

We Got This Covered

Trump celebrates Japan trade deal as ‘biggest deal ever made’ while Japanese embassy stays mysteriously silent

More similar agreements promised.

Sports Illustrated

Why Barcelona's First Pre-Season Match Has Been Canceled

Barcelona were supposed to play Japanese outfit Vissel Kobe on July 27.

Benzinga

Japan Accepting Trump Trade Deal A Sign Of Desperation? Market Commentator Says Bitcoin And Gold Have Known This For A 'Long Time'

Japan's agreement to the terms of the U.S. trade deal signals a deeper economic crisis, with Bitcoin (CRYPTO: BTC) emerging as a potential beneficiary of the chaos, The Kobeissi Letter said on Wednesday.

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Euronews

EU press for more balanced relationship at scaled-back EU-China summit in Beijing

European leaders demanded a more balanced relationship with China at a summit with President Xi Jinping in the Chinese capital on Thursday, as the bloc runs a massive trade deficit with the Asian giant of around €300 billion.

Benzinga

Visa Hit By Japan's First-Ever Antitrust Action Against Credit Card Industry

Japan’s Fair Trade Commission has taken its first administrative action against the credit card industry, targeting Visa Worldwide Pte Ltd., a subsidiary of Visa Inc.‘s (NYSE:V) Singapore operations, over suspected monopolistic practices in the authorization system market.

The Independent UK

Asian shares rise, buoyed by expectation of more trade pacts after US-Japan tariff deal

Asian shares are higher, buoyed by optimism that the U.S.-Japan tariff agreement will be followed by more trade deals

International Business Times

Asian Markets Extend Gains On US Trade Deal Hopes

Asian markets extended the week's gains Thursday on optimism other countries will follow up Japan's US trade deal with ones of their own, with speculation building that the European Union is on course.

The Independent UK

Europe and China holding scaled-back trade talks with expectations low for major agreements

European leaders are meeting with top Chinese officials in Beijing to discuss trade, climate change and global conflicts

Barchart

Corn Slips Lower on Wednesday

Corn futures failed to see much excitement following the US/Japan trade announcement, as contracts were heavy for much of the session and closing with fractional to penny losses. The CmdtyView national average new crop Cash Corn price was down 1/2 cent at $3.75. Japan and the US agreed to a...

Barchart

Wheat Traders Revert Back to Selling

The wheat market gave back into the weakness on Wednesday, with all three exchanged fading back. SRW futures were down 8 to 9 cents at the close. KC contracts were 9 to 10 cents in the red at midweek, as contracts failed to hold the Tuesday gains. MPLS spring wheat...

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