U.S. Federal Reserve Chairman Jerome Powell gave tacit approval Thursday for a stronger U.S. dollar as a result of increased interest rates to tackle decades-high inflation. Asked about the economy’s response to the Fed’s normalization of monetary poli…
Baseball: Swallows’ slugger Murakami clobbers Dragons
Munetaka Murakami hit a pair of home runs, drove in six runs and scored three in the Central League-leading Yakult Swallows’ 10-0 win over the Chunichi Dragons on Thursday. The win extended the defending Japan Series champs’ CL lead to 10 games over th…
Main events scheduled for Friday, June 24
Main events scheduled in Japan for Friday, June 24: — Nationwide consumer price index for May to be released by Ministry of Internal Affairs and Communications at 8:30 a.m. — Top court to hand down ruling over tweets showing a man’s arrest history.
Tokyo stocks open higher on hopes for increasing travel demand
Tokyo stocks were higher in early trading Thursday, supported by gains in transportation issues on hopes for increasing travel demand in Japan, while investors snapped up some shares that were battered the previous day. In the first 15 minutes of tradi…
Fed notes “possibility” of rate hikes pushing U.S. into recession
Federal Reserve Chairman Jerome Powell on Wednesday acknowledged that an aggressive course of interest-rate hikes to tamp down inflation could tip the U.S. economy into a recession, although doing so is not the central bank’s intention. “It’s not our i…
S. Korea, Japan to resume pandemic-hit flights between capitals
The South Korean government said Wednesday it has agreed with Japan to resume flights next week between the two countries’ capitals, suspended for more than two years due to the coronavirus pandemic. The route between Seoul’s Gimpo airport and Tokyo’s …
Soccer: Liverpool’s Minamino reportedly on move to Monaco
French Ligue 1 side Monaco have agreed to a deal with Liverpool to sign Japan attacker Takumi Minamino, British media outlets reported late Tuesday. The transfer is worth 18 million euros ($19 million), according to Sky Sports, and will likely give Min…
Tokyo stocks edge up in morning on yen’s 24-yr low vs. dollar
Tokyo stocks edged up Wednesday morning, with support coming from sharp gains on Wall Street overnight and buying in automakers and other exporters after the yen tumbled to a 24-year low against the dollar. The 225-issue Nikkei Stock Average rose 9.64 …
Baseball: Dragons end Yakult’s 8-game winning run in walk-off
Pinch-hitting Taiki Mitsumata drove in the 10th-inning walk-off run as the Chunichi Dragons came from behind to beat the Yakult Swallows 2-1 Tuesday, ending the Central League-leading club’s eight-game winning streak. Singles from Ariel Martinez and Ha…
Former Kyodo News President Yamanouchi dies at 81
Toyohiko Yamanouchi, a former president of Kyodo News, died of stroke at a hospital in Tokyo last Friday, the company said. He was 81. Yamanouchi, hailing from Hamamatsu, Shizuoka Prefecture, served as president of the Japanese news agency from Decembe…