Japan tourism-exposed stocks sink
Digest more
The Japanese economy shrank by 1.8 percent compared to the same quarter last year, as U.S. tariffs dampened automobile exports and prompted a bleak outlook for growth.
Japan’s economy has declined at an annualized rate of 1.8% in the July-September period, as President Donald Trump’s tariffs sent the nation’s exports reeling downward
China sent Coast Guard ships near disputed islands and warned travelers and students about safety risks in Japan. The escalation is over comments on Taiwan by Japan’s new prime minister.
China and Japan have repeatedly faced off around the Japan-administered islands, which Beijing calls Diaoyu and Tokyo calls the Senkaku.
Japan is set to send a senior diplomat to China in a bid to soothe tensions, public broadcaster NHK reported Monday, after China ratcheted up its response to Japanese Prime Minister Sanae Takaichi’s comments over Taiwan.
A powerful eruption at Sakurajima sent ash and smoke 4,400 metres into the air on Sunday, prompting ashfall warnings and causing dozens of flight cancellations across southwestern Japan.
Bear sightings and attacks have increased in parts of Japan, especially in municipalities close to or adjacent to populated zones,” the U.S. Embassy said in a wildlife alert.
Japan’s economy contracted for the first time in six quarters, supporting Prime Minister Sanae Takaichi’s case to compile an ambitious economic stimulus package.