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Japanese government

Stay updated with the latest news and articles about Japanese government.

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Japanese stock market rebounds as Nvidia’s impact wanes; medium-term bonds in favor

Japan ·

Nvidia’s earnings report, released early on August 29 Japan time, revealed a forecast for the third quarter (August-October) that fell short of market expectations. This miss triggered a steep decline of over 8% in Nvidia’s shares during after-hours trading on U.S. markets. The company's forecast, coupled with issues related to new chip developments, initially spurred a sell-off in Japanese semiconductor stocks. However, the impact was mitigated by Nvidia’s stronger-than-anticipated second-quarter results, which helped to stabilize Japanese stocks related to the semiconductor sector. Additionally, gains in insurance and shipping stocks provided further support to the market.

By Ishita Agarwal
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CDP’s Noda declares bid for Prime Minister, vows to regain office

Japan ·

Addressing supporters and the media, Noda expressed a resolute determination to restore his position at the helm of the Japanese government. “I am committed to regaining the role of Prime Minister,” Noda stated. “My vision is to lead Japan with renewed vigor, address pressing issues, and ensure a stable and prosperous future for all citizens.”

By Ishita Agarwal
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Aso faction’s split stance complicates LDP presidential race

Japan ·

During a faction training session in Yokohama on August 27, Aso faction head and LDP Vice President Taro Aso expressed his personal support for Kono, emphasizing their shared history and camaraderie. “I want to support Mr. Kono as a comrade, as I grew up eating from the same pot,” Aso remarked. However, he also made it clear that he does not intend to enforce strict alignment within the faction, likening the approach to avoiding a restrictive "Unity and Solidarity (box) lunchbox."

By Ishita Agarwal
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Chinese military aircraft briefly breaches Japanese airspace

Japan ·

According to Japan's Ministry of Defense, the incident began when a Chinese Y-9 reconnaissance aircraft entered Japan's Air Defense Identification Zone (ADIZ) over the East China Sea and proceeded toward Kyushu. JASDF fighter jets were deployed to intercept and issue radio warnings, instructing the aircraft to avoid Japanese airspace. Despite these warnings, the Chinese plane circled the southeast coast of the Onna-jima Islands in Goto City before entering Japanese airspace approximately 22 kilometers off the coast at around 11:29 a.m.

By Ishita Agarwal
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Typhoon San San: Kyushu braces for prolonged power outages and intense winds

Japan ·

The Japan Meteorological Agency reports that Typhoon San San is expected to approach the Amami region closely tomorrow afternoon. By Wednesday, August 28, the storm is likely to intensify into a very strong typhoon as it edges towards Kyushu. Its sluggish movement means that strong winds are anticipated to persist through Thursday, August 29. Although there is uncertainty regarding its exact path, the typhoon could potentially shift towards the Chugoku or Shikoku regions in the coming days.

By Ishita Agarwal
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Typhoon No. 10 threatens Japan: unprecedented heavy rainfall and disaster risk

Japan ·

Such extreme precipitation could lead to record-breaking rainfall levels, with the potential to exceed 150% of the maximum historical rainfall recorded for the area. This elevated ratio significantly heightens the risk of casualties, as evidenced by a joint study from the Japan Weather Association and Professor Motoyuki Ushiyama of Shizuoka University. The research suggests that when the historical rainfall ratio reaches 100%, casualties are likely to occur, and a ratio exceeding 150% could sharply increase the number of fatalities.

By Ishita Agarwal

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