Japan's government cut its growth forecast for the current fiscal year, driven by a consumption slowdown because of the rising import costs related to a weak yen.

The updated forecast issued Friday expects the economy to grow 0.9 per cent in the fiscal year ending March 2025, down from 1.3 per cent projected in January.

Though it has cut the forecast, the government still projects the economy to grow 1.2 per cent in fiscal 2025 on the back of solid capital expenditure and an expected consumption uptick.

These are revised estimates much more upbeat than some private sector forecasts calling for growth of only 0.4 per cent.

Members of the government's top economic council expressed their worry about how the weak yen was weakening household purchasing power.

They said that rising prices, partly due to a weakened yen, were partly putting an overall chill in consumption.

"We can't overlook the impact a weak yen and rising prices are having on households' purchasing power," the council members said in the meeting discussing new growth projections.

It also includes Prime Minister Fumio Kishida adding warnings over the economic impact of higher prices, saying that the government is required to be extremely careful about the effects that the weak yen is going to have on the economy, the Kyodo news agency reported.

The revised forecasts by the Japanese government of annual economic growth, published in January and revised around July each year, are core factors in state budget planning.

The latest revision portrays deeper concerns about the fragility of the economy amid global uncertainties.

While the weak yen has been a boon to make exporters' products cheaper abroad, it has also driven up costs at home for fuel and food imports that hit consumers hard.

Moves believed to have been made by the government this month several times to stem the yen's fall continue in full swing.

Attention turns to whether the Bank of Japan will hike interest rates in its upcoming policy-setting gathering on July 31.

The BOJ is also likely to cut its growth forecast for the current fiscal year after a rare unscheduled downgrade of historical GDP figures earlier this month.

The central bank now forecasts growth of 0.8 per cent for the fiscal year.

(With inputs from Reuters)

Japan's government cut its growth forecast for the current fiscal year, driven by a consumption slowdown because of the rising import costs related to a weak yen.

Japan's government cut its growth forecast for the current fiscal year, driven by a consumption slowdown because of the rising import costs related to a weak yen. The updated forecast issued Friday expects the economy to grow 0.9 per cent in the fiscal year ending March 2025, down from 1.3 per cent projected in January. Though it has cut the forecast, the government still projects the economy to grow 1.2 per cent in fiscal 2025 on the back of solid capital expenditure and an expected consumption uptick. These are revised estimates much more upbeat than some private sector forecasts calling for growth of only 0.4 per cent. Members of the government's top economic council expressed their worry about how the weak yen was weakening household purchasing power. They said that rising prices, partly due to a weakened yen, were partly putting an overall chill in consumption. "We can't overlook the impact a weak yen and rising prices are having on households' purchasing power," the council members said in the meeting discussing new growth projections. It also includes Prime Minister Fumio Kishida adding warnings over the economic impact of higher prices, saying that the government is required to be extremely careful about the effects that the weak yen is going to have on the economy, the Kyodo news agency reported. The revised forecasts by the Japanese government of annual economic growth, published in January and revised around July each year, are core factors in state budget planning. The latest revision portrays deeper concerns about the fragility of the economy amid global uncertainties. While the weak yen has been a boon to make exporters' products cheaper abroad, it has also driven up costs at home for fuel and food imports that hit consumers hard. Moves believed to have been made by the government this month several times to stem the yen's fall continue in full swing. Attention turns to whether the Bank of Japan will hike interest rates in its upcoming policy-setting gathering on July 31. The BOJ is also likely to cut its growth forecast for the current fiscal year after a rare unscheduled downgrade of historical GDP figures earlier this month. The central bank now forecasts growth of 0.8 per cent for the fiscal year. (With inputs from Reuters)

Japan lowers growth forecast as weak Yen impacts consumption

Japan welcomed a million more foreign visitors in the first half of 2024 compared to pre-pandemic levels, logging a new record of 17.78 million, the national tourism organisation said Friday.

The weak yen is attracting large crowds to Japan, with tourists splashing out on everything from kimonos to knives and pricey meals.

The January-June figure beat the previous high from 2019 of 16.63 million, an influx that has prompted overcrowding concerns at hotspots such as Kyoto and Mount Fuji.

"It's important that we promote rural regions to visitors, while taking measures against overtourism," Prime Minister Fumio Kishida told a cabinet meeting on the nation's efforts to expand inbound tourism.

Also read:&nbsp;<a href="https://www.wionews.com/world/journalism-is-dead-us-based-magazine-faces-flak-for-disgusting-cover-featuring-trump-and-biden-742158">'Journalism is dead': US-based magazine faces flak for 'disgusting' cover featuring Trump and Biden</a>

Japan is expecting 35 million overseas visitors in 2024, with tourist consumption estimated at eight trillion yen ($50 billion).

Over the whole of 2023, 25 million visitors came to Japan, after strict pandemic-era border restrictions were lifted.

The country has set an ambitious goal of luring 60 million tourists a year by 2030 -- around double 2019's full-year record of 31.88 million.

But some residents are already fed up with unruly behaviour and etiquette breaches by some foreign visitors.

In a town near Mount Fuji in May, authorities mounted a large barrier at a popular viewing spot next to a convenience store in an attempt to deter photo-taking.

New crowd control measures have been put in place on the volcano's most popular hiking trail, which now has an entry fee of 2,000 yen ($13) plus an optional donation.

Locals in tradition-steeped Kyoto have complained of tourists harassing the city's famed geisha, with visitors now banned from some private alleys.

And the mayor of Himeji has said the western Japanese city, famous for its castle, could make tourists pay four times as much as locals to visit the World Heritage site.

<h2>- 'Pretty bad in Kyoto' -</h2>

"The yen definitely being so weak, we knew our money would go a long way," Ian Dickson, a 41-year-old American, told AFP in Tokyo's Asakusa district, a top tourist draw.

Also read:&nbsp;<a href="https://www.wionews.com/world/canada-jennie-carignan-becomes-the-first-woman-chief-of-the-defense-staff-742303">Canada: Jennie Carignan becomes the first woman chief of the defense staff</a>

"Love it so far," he added. "There's no trash on the ground, no litter. It's a beautiful country, beautiful culture."

Andrea Bugnicourt, 28, a French tour guide working in Tokyo, said demand has been "crazy" since the pandemic ended.

"I heard it's pretty bad in Kyoto," she said about the overtourism complaints.

"Japan has so many social rules, right? And people are not used to it. So I think the Japanese government should help on educating foreigners."

In the first six months of 2024, South Korean visitors to Japan topped the list of foreign tourists by country at 4.4 million.

China was second at around three million, five times as many as in the same period last year. Visitors from Taiwan were in third place and the United States in fourth.

Kishida's government on Friday presented plans to encourage luxury hotels to come to Japan's 35 national parks, Nippon TV and other local media reported.

The prime minister also instructed ministers to take emergency measures to address a jet fuel shortage, partly caused by surging demand from tourists, that has prevented airlines from increasing flights.

Disclaimer: This story has been published from a news agency feed with minimal edits to adhere to WION's style guide. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION audience.

Japan welcomed a million more foreign visitors in the first half of 2024 compared to pre-pandemic levels, logging a new record of 17.78 million, the national tourism organisation said Friday.

Japan welcomed a million more foreign visitors in the first half of 2024 compared to pre-pandemic levels, logging a new record of 17.78 million, the national tourism organisation said Friday. The weak yen is attracting large crowds to Japan, with tourists splashing out on everything from kimonos to knives and pricey meals. The January-June figure beat the previous high from 2019 of 16.63 million, an influx that has prompted overcrowding concerns at hotspots such as Kyoto and Mount Fuji. "It's important that we promote rural regions to visitors, while taking measures against overtourism," Prime Minister Fumio Kishida told a cabinet meeting on the nation's efforts to expand inbound tourism. Also read: 'Journalism is dead': US-based magazine faces flak for 'disgusting' cover featuring Trump and Biden Japan is expecting 35 million overseas visitors in 2024, with tourist consumption estimated at eight trillion yen ($50 billion). Over the whole of 2023, 25 million visitors came to Japan, after strict pandemic-era border restrictions were lifted. The country has set an ambitious goal of luring 60 million tourists a year by 2030 -- around double 2019's full-year record of 31.88 million. But some residents are already fed up with unruly behaviour and etiquette breaches by some foreign visitors. In a town near Mount Fuji in May, authorities mounted a large barrier at a popular viewing spot next to a convenience store in an attempt to deter photo-taking. New crowd control measures have been put in place on the volcano's most popular hiking trail, which now has an entry fee of 2,000 yen ($13) plus an optional donation. Locals in tradition-steeped Kyoto have complained of tourists harassing the city's famed geisha, with visitors now banned from some private alleys. And the mayor of Himeji has said the western Japanese city, famous for its castle, could make tourists pay four times as much as locals to visit the World Heritage site. - 'Pretty bad in Kyoto' - "The yen definitely being so weak, we knew our money would go a long way," Ian Dickson, a 41-year-old American, told AFP in Tokyo's Asakusa district, a top tourist draw. Also read: Canada: Jennie Carignan becomes the first woman chief of the defense staff "Love it so far," he added. "There's no trash on the ground, no litter. It's a beautiful country, beautiful culture." Andrea Bugnicourt, 28, a French tour guide working in Tokyo, said demand has been "crazy" since the pandemic ended. "I heard it's pretty bad in Kyoto," she said about the overtourism complaints. "Japan has so many social rules, right? And people are not used to it. So I think the Japanese government should help on educating foreigners." In the first six months of 2024, South Korean visitors to Japan topped the list of foreign tourists by country at 4.4 million. China was second at around three million, five times as many as in the same period last year. Visitors from Taiwan were in third place and the United States in fourth. Kishida's government on Friday presented plans to encourage luxury hotels to come to Japan's 35 national parks, Nippon TV and other local media reported. The prime minister also instructed ministers to take emergency measures to address a jet fuel shortage, partly caused by surging demand from tourists, that has prevented airlines from increasing flights. Disclaimer: This story has been published from a news agency feed with minimal edits to adhere to WION's style guide. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION audience.

Japan welcomes 1 million more tourists, setting new half-year record post-pandemic

At least 14 Japanese students from a high school were rushed to a hospital on Tuesday after eating extra spicy "R 18+" curry-flavoured potato chips during their morning break. The chips were made with an extremely hot&nbsp;variety of chilli peppers originally from northeastern India.&nbsp;

Media reports mentioned that one male student brought the crisps to school and around 30 students ate them. He loved the "super spicy" chips when he first tried them.&nbsp;

The student said the chips were purchased by his older brother and he brought them to the school "just for fun".&nbsp;

The students who were admitted to the hospital said their mouth and stomach were in pain after consuming the snack, but were conscious and treated for minor symptoms.&nbsp;

Also read:&nbsp;<a href="https://www.wionews.com/world/mass-fish-die-off-reported-from-sao-paulo-river-in-major-environmental-disaster-742066">Mass fish die-off reported from Sao Paulo river in major environmental disaster</a>&nbsp;

The maker of the snack, Isoyama Corp, issued an apology in an online statement and wished the students a speedy recovery.&nbsp;

On its website, the manufacturer wrote on July 17: "We apologise to our customers and other concerned parties for causing a great deal of inconvenience."&nbsp;

The snack called "R18 Curry Chips" comes with a warning for those under the age of 18, and those with high blood pressure and a weak stomach, to not consume it.&nbsp;

It further advises consumers to not consume the snack all on one's own, since it could cause diarrhoea.&nbsp;

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As quoted by the news agency Reuters, Tae Tsutaki, who is an IT company worker, said, "It (the package of snack) forbids those below 18 years old from eating it, so they (high school kids) shouldn't have eaten it."

"I saw on the news that one of the high school students apologised. I'm glad nobody died, I think they should be more cautious in the future," Tae added.&nbsp;

Watch:&nbsp;Japan: Legislative Assembly in Yamagata passes new laughter law

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<h2>What do we know about the spicy chilly?&nbsp;</h2>

Local media reports mentioned that the chips are spiced with the ghost pepper, also known as 'Bhoot Jolokia', which is said to be at least 200 times spicier than Tabasco sauce. It is an interspecific hybrid chilli pepper cultivated in Northeast India.&nbsp;

'Bhoot Jolokia' is an extremely pungent pepper and it was registered in the Guinness World Records from 2007 to 2011 as the "world's hottest".&nbsp;

'Bhoot Jolokia' has a high Scoville Heat Units (SHU) rating, which is around 1,000,000 SHU. If we compare, a regular jalapeño pepper is around 2,500 to 8,000 SHU.&nbsp;

Besides being spicy, 'Bhoot Jolokia' is packed with potential health benefits as it is loaded with vitamins, especially vitamin C. It also supports the immune system and skin health.&nbsp;

(With inputs from agencies)&nbsp;

At least 14 Japanese students from a high school were rushed to a hospital on Tuesday after eating extra spicy "R 18+" curry-flavoured potato chips during their morning break.

At least 14 Japanese students from a high school were rushed to a hospital on Tuesday after eating extra spicy "R 18+" curry-flavoured potato chips during their morning break. The chips were made with an extremely hot variety of chilli peppers originally from northeastern India. Media reports mentioned that one male student brought the crisps to school and around 30 students ate them. He loved the "super spicy" chips when he first tried them. The student said the chips were purchased by his older brother and he brought them to the school "just for fun". The students who were admitted to the hospital said their mouth and stomach were in pain after consuming the snack, but were conscious and treated for minor symptoms. Also read: Mass fish die-off reported from Sao Paulo river in major environmental disaster The maker of the snack, Isoyama Corp, issued an apology in an online statement and wished the students a speedy recovery. On its website, the manufacturer wrote on July 17: "We apologise to our customers and other concerned parties for causing a great deal of inconvenience." The snack called "R18 Curry Chips" comes with a warning for those under the age of 18, and those with high blood pressure and a weak stomach, to not consume it. It further advises consumers to not consume the snack all on one's own, since it could cause diarrhoea. Also read: Italian journalist to pay PM Giorgia Meloni $5,500 for mocking her height As quoted by the news agency Reuters, Tae Tsutaki, who is an IT company worker, said, "It (the package of snack) forbids those below 18 years old from eating it, so they (high school kids) shouldn't have eaten it." "I saw on the news that one of the high school students apologised. I'm glad nobody died, I think they should be more cautious in the future," Tae added. Watch: Japan: Legislative Assembly in Yamagata passes new laughter law × What do we know about the spicy chilly? Local media reports mentioned that the chips are spiced with the ghost pepper, also known as 'Bhoot Jolokia', which is said to be at least 200 times spicier than Tabasco sauce. It is an interspecific hybrid chilli pepper cultivated in Northeast India. 'Bhoot Jolokia' is an extremely pungent pepper and it was registered in the Guinness World Records from 2007 to 2011 as the "world's hottest". 'Bhoot Jolokia' has a high Scoville Heat Units (SHU) rating, which is around 1,000,000 SHU. If we compare, a regular jalapeño pepper is around 2,500 to 8,000 SHU. Besides being spicy, 'Bhoot Jolokia' is packed with potential health benefits as it is loaded with vitamins, especially vitamin C. It also supports the immune system and skin health. (With inputs from agencies)

'Bhoot Jolokia': Chips made with this Indian pepper sent 14 students in Japan to hospital

Japan footballer Kaishu Sano has been arrested for allegedly sexually assaulting a woman, local media reported on Wednesday. The 23-year-old defensive midfielder and two friends, also in their 20s, allegedly sexually assaulted the woman at a hotel in Tokyo on Sunday, Japan public broadcaster NHK and other media reported, citing unnamed police sources.

After responding to a call immediately after the alleged assault from the woman, reported to be in her 30s, police arrested the three near the hotel, the reports said.

Contacted by AFP, Japanese police were not immediately available for comment. Sano, who has made four appearances for Japan and was part of the squad at this year's Asian Cup in Qatar, signed for German Bundesliga club Mainz earlier this month from Kashima Antlers.

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Kashima said it was "very concerned about the matter regarding its former player" in a statement. "Due to the nature of the matter, the club is unable to confirm further details but will keep a close eye on the situation," the J.League club said.

Japan's Junya Ito, who plays for French side Reims, left the Asian Cup in February after Japanese police said he was under investigation for an alleged sexual assault in Osaka last year. Ito denied the allegation and is suing his accusers for 200 million yen ($1.3 million) in damages.

Japan footballer Kaishu Sano has been arrested for allegedly sexually assaulting a woman, local media reported on Wednesday. The 23-year-old defensive midfielder and two friends, also in their 20s, allegedly sexually assaulted the woman at a hotel in Tokyo on Sunday, Japan public broadcaster NHK and other media reported, citing unnamed police sources.

Japan footballer Kaishu Sano has been arrested for allegedly sexually assaulting a woman, local media reported on Wednesday. The 23-year-old defensive midfielder and two friends, also in their 20s, allegedly sexually assaulted the woman at a hotel in Tokyo on Sunday, Japan public broadcaster NHK and other media reported, citing unnamed police sources. After responding to a call immediately after the alleged assault from the woman, reported to be in her 30s, police arrested the three near the hotel, the reports said. Contacted by AFP, Japanese police were not immediately available for comment. Sano, who has made four appearances for Japan and was part of the squad at this year's Asian Cup in Qatar, signed for German Bundesliga club Mainz earlier this month from Kashima Antlers. Also read: Lionel Messi to miss two Inter Miami matches after getting injured in Copa America final Kashima said it was "very concerned about the matter regarding its former player" in a statement. "Due to the nature of the matter, the club is unable to confirm further details but will keep a close eye on the situation," the J.League club said. Japan's Junya Ito, who plays for French side Reims, left the Asian Cup in February after Japanese police said he was under investigation for an alleged sexual assault in Osaka last year. Ito denied the allegation and is suing his accusers for 200 million yen ($1.3 million) in damages.

Japan's young footballer Kaishu Sano arrested for alleged sex assault, claim reports

14 high school students in Tokyo were sent to the hospital on Tuesday after consuming "extremely spicy" potato chips. WION tells you more in this report.

14 Tokyo students hospitalised over spicy snack

The United States Navy has decided to assign a squadron of fifth generation F-35 fighter-bombers to the USS George Washington aircraft carrier, stationed in Japan. Watch in for more details!

US to deploy F-35 squadron to Japan for new carrier George Washington

The United States Navy has announced the deployment of F-35C Lightning II fighters and CMV-22B Osprey aircraft to Marine Corps Air Station (MCAS) Iwakuni in Japan. This decision, detailed in a press release on July 15, aims to replace the aging squadrons of F/A-18 Super Hornets and C-2A Greyhound transports currently stationed at the base.

US Navy to replace F/A -18 hornets with F-35C in Japan

In a very strange and shocking election campaign, an “entrepreneur” - who has filed a nomination for the position of governor in Tokyo, took off her shirt on a recorded video and asked the people if they found her "sexy" enough to give votes to her.&nbsp;

In the bizarre promotion of herself, the candidate Airi Uchino - who belonged to the populist right-wing NHK Party - was sitting across a table. She was wearing a button-up shirt as she spoke in a high-pitched, anime-style voice to the Japanese voters.

“I’m so cute; please watch my campaign broadcast,” the candidate said while smiling coyly in the video shared on X on June 27. She added, “Do you think I’m sexy?”

Also Read:&nbsp;<a href="https://www.wionews.com/world/japanese-lgbtq-couples-are-opting-for-photo-weddings-amid-same-sex-marriage-ban-739585">Japanese LGBTQ couples opting for ‘photo weddings’ amid same-sex marriage ban</a>

She then appealed to the voters to follow her on social media and said that she would respond to each one of them individually before she removed her shirt and was then seen wearing only a tight, skin-coloured tube top. She also posed in a way that made her appear topless on camera.

The woman, who is a cocktail bar owner, removed her glasses and delivered the entire speech in a skimpy outfit. The video soon went viral and garnered millions of views.

<h2>Here's how netizens reacted to the viral video</h2>

The people were not really happy to see her appeal for votes by stripping her shirt.

''While it is true that people strive to stand out, and our society's obsession with appearances often rewards outlandish behaviour, nevertheless, individuals who lack substance will inevitably be unmasked by the passage of time," said one user.

''At this point, they should change the rules… the race is turning into a farce and distracting people from the real issues. Democracy and all but this is not it," commented another.

Watch:&nbsp;Japan’s Yamagata passes rule urging people to laugh daily

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“We’ve ended up living in a world where those who do something unusual win. However, a person without substance will always be exposed,” wrote a critic on X.

“No matter how much you talk about freedom of speech in elections, this goes against public welfare," another&nbsp;user said.

(With inputs from agencies)

In a very strange and shocking election campaign, an “entrepreneur” - who has filed a nomination for the position of governor in Tokyo, took off her shirt on a recorded video and asked the people if they found her "sexy" enough to give votes to her.

In a very strange and shocking election campaign, an “entrepreneur” - who has filed a nomination for the position of governor in Tokyo, took off her shirt on a recorded video and asked the people if they found her "sexy" enough to give votes to her. In the bizarre promotion of herself, the candidate Airi Uchino - who belonged to the populist right-wing NHK Party - was sitting across a table. She was wearing a button-up shirt as she spoke in a high-pitched, anime-style voice to the Japanese voters. “I’m so cute; please watch my campaign broadcast,” the candidate said while smiling coyly in the video shared on X on June 27. She added, “Do you think I’m sexy?” Also Read: Japanese LGBTQ couples opting for ‘photo weddings’ amid same-sex marriage ban She then appealed to the voters to follow her on social media and said that she would respond to each one of them individually before she removed her shirt and was then seen wearing only a tight, skin-coloured tube top. She also posed in a way that made her appear topless on camera. The woman, who is a cocktail bar owner, removed her glasses and delivered the entire speech in a skimpy outfit. The video soon went viral and garnered millions of views. Here's how netizens reacted to the viral video The people were not really happy to see her appeal for votes by stripping her shirt. ''While it is true that people strive to stand out, and our society's obsession with appearances often rewards outlandish behaviour, nevertheless, individuals who lack substance will inevitably be unmasked by the passage of time," said one user. ''At this point, they should change the rules… the race is turning into a farce and distracting people from the real issues. Democracy and all but this is not it," commented another. Watch: Japan’s Yamagata passes rule urging people to laugh daily “We’ve ended up living in a world where those who do something unusual win. However, a person without substance will always be exposed,” wrote a critic on X. “No matter how much you talk about freedom of speech in elections, this goes against public welfare," another user said. (With inputs from agencies)

Japan's election candidate takes off her shirt in video to appeal for votes, asks if she is 'sexy'

Now, we look at how markets opened this morning after investors fled US Tech Megacaps, which had been the engine that drove the bull market on Wall Street. Asian technology stocks slumped on Friday, mirroring Wall Street's losses.

Yen's surge against the dollar weighs on Japanese shares

Headlines of the hour: - Biden defiant despite NATO gaffes - Clashes at Canada's McGill University - Japan Navy Chief quits amid security scandal - China's 'Hyperbola 1' launch fails - Massive blaze at Philadelphia apartment - UK sets bold growth targets

Japan Navy Chief quits | China's 'Hyperbola 1' launch fails | WION Headlines

Japan's Yamagata prefecture has introduced a new rule requiring citizens to laugh at least once daily. A study from Yamagata University found that people who laugh more are less susceptible to heart attacks.

Gravitas | Japan’s Yamagata passes rule urging people to laugh daily

The local government in Japan’s Yamagata prefecture has just passed an ordinance calling on residents to laugh at least once every day to promote better physical and mental health, although the new law has gone down like a bad joke in some quarters.

Japan: Legislative Assembly in Yamagata passes new laughter law

A woman who went swimming off at a beach in Japan, only to be swept out to sea, has been rescued about 80 kilometres off the coast after 36 hours, according to a report by news agency&nbsp;AFP.

The incident transpired at the&nbsp;Shirahama Ohama beach in the&nbsp;Shizuoka prefecture where a 21-year-old Chinese woman had been swimming around 7:30 pm local time on Monday (Jul 8) with a friend. According to the Coast Guard, the woman was buoyed by a rubber ring when she was swept across by the strong currents.&nbsp;

The panicked friend set the alarm bells ringing by informing the nearby convenience store.&nbsp;“It was around 7.55 pm on July 8 when we received the information after the woman’s friend reported to a nearby convenience store that she was missing,” a local Japan Coast Guard official said.

<a href="https://www.wionews.com/world/dramatic-video-shows-rescue-from-new-zealand-boat-sinking-that-killed-four-464641">Watch | Dramatic video shows rescue from New Zealand boat sinking that killed four</a>

The Coast Guard pressed its resources into action to retrieve the woman. However, it was a cargo ship that discovered the unnamed woman, floating off the southern tip of Chiba's Boso peninsula around 7:48 am on Wednesday (Jul 10) - almost two days after she went missing.&nbsp;

Upon spotting the woman, the cargo ship crew members contacted a nearby tanker and jumped into the sea to rescue her.

“There are 80km in a straight line [between the beach and rescue spot] but it is assumed she drifted for an even greater distance,” the official said.

After being rescued, the woman was taken to a hospital where she fortunately did not need to be admitted. Doctors said although she was dehydrated, it was not life-threatening and that she remained clear-headed.&nbsp; 
 
<a href="https://www.wionews.com/trending/How%20discovery%20of%20explicit%20material%20on%20a%20phone%20in%20Sydney%20led%20to%20rescue%20%20of%2016%20abused%20children%20in%20Philippines">Also read |&nbsp;How discovery of explicit material on a phone in Sydney led to rescue &nbsp;of 16 abused children in Philippines</a>

<h2>Similar rescue last year</h2>

Last year, in a similar rescue operation, an Australian sailor was saved alongside his dog in the Pacific Ocean, after being stranded for months. They both survived by eating raw fish and drinking rainwater.&nbsp;

51-year-old&nbsp;Shaddock, hailing from Sydney had embarked upon a 6,000 km-long (3,728-mile) trip to French Polynesia from Mexico's La Paz alongside his dog Bella when the rough weather damaged their boat - leaving them stranded in the middle of nowhere.&nbsp;

(With inputs from agencies)

A woman who went swimming off at a beach in Japan, only to be swept out to sea, has been rescued about 80 kilometres off the coast after 36 hours, according to a report by news agency AFP.

A woman who went swimming off at a beach in Japan, only to be swept out to sea, has been rescued about 80 kilometres off the coast after 36 hours, according to a report by news agency AFP. The incident transpired at the Shirahama Ohama beach in the Shizuoka prefecture where a 21-year-old Chinese woman had been swimming around 7:30 pm local time on Monday (Jul 8) with a friend. According to the Coast Guard, the woman was buoyed by a rubber ring when she was swept across by the strong currents. The panicked friend set the alarm bells ringing by informing the nearby convenience store. “It was around 7.55 pm on July 8 when we received the information after the woman’s friend reported to a nearby convenience store that she was missing,” a local Japan Coast Guard official said. Watch | Dramatic video shows rescue from New Zealand boat sinking that killed four The Coast Guard pressed its resources into action to retrieve the woman. However, it was a cargo ship that discovered the unnamed woman, floating off the southern tip of Chiba's Boso peninsula around 7:48 am on Wednesday (Jul 10) - almost two days after she went missing. Upon spotting the woman, the cargo ship crew members contacted a nearby tanker and jumped into the sea to rescue her. “There are 80km in a straight line [between the beach and rescue spot] but it is assumed she drifted for an even greater distance,” the official said. After being rescued, the woman was taken to a hospital where she fortunately did not need to be admitted. Doctors said although she was dehydrated, it was not life-threatening and that she remained clear-headed. Also read | How discovery of explicit material on a phone in Sydney led to rescue of 16 abused children in Philippines Similar rescue last year Last year, in a similar rescue operation, an Australian sailor was saved alongside his dog in the Pacific Ocean, after being stranded for months. They both survived by eating raw fish and drinking rainwater. 51-year-old Shaddock, hailing from Sydney had embarked upon a 6,000 km-long (3,728-mile) trip to French Polynesia from Mexico's La Paz alongside his dog Bella when the rough weather damaged their boat - leaving them stranded in the middle of nowhere. (With inputs from agencies)

Woman floating in ocean for two days rescued 80km off Japan coast

Japanese workers are feeling the pinch. Real wages, which account for inflation, have fallen for a record 26th consecutive month. This is despite a positive trend in nominal wages, the actual amount workers take home.

Japan's wages fall as prices rise

Tokyo governor Yuriko Koike won a landslide victory to secure a third term, official election results showed Monday (Jul 8), in a rare triumph for a woman in Japan's male-dominated politics.

Tokyo governor Yuriko Koike won a landslide victory to secure a third term, official election results showed Monday (Jul 8), in a rare triumph for a woman in Japan's male-dominated politics. The outcome from Sunday's vote is also a relief to unpopular Prime Minister Fumio Kishida's ruling Liberal Democratic Party (LDP), which backed Koike despite her not being a member. Koike, 71, a former minister and television anchor who has governed one of the world's biggest cities since 2016, garnered 42.8 per cent of votes, results showed. Her nearest rival was independent candidate Shinji Ishimaru, 41, the former mayor of Akitakata in western Japan, who secured 24.3 per cent to pull off a surprise second place. Koike's main challenger had been thought to be another woman -- former opposition lawmaker, model and TV anchor Renho, 56, who goes by one name -- but she garnered just 18.8 per cent. Koike declared victory late Sunday, vowing to strengthen Tokyo's welfare, economy and natural disaster management, while acknowledging challenges like inflation and Japan's low birth rate. "With Tokyoites' strong support, I was assigned to lead this great city," Koike told supporters in the megacity of 14 million people. "I have to upgrade efforts of Tokyo's reforms, and as I appealed in my election campaign, I will protect Tokyo residents' lives and livelihoods," she said. Also read | In male-dominated Japan, Tokyo votes for governor as Koike seeks reelection Subsidised epidurals Japan has never had a woman prime minister and a large majority of lawmakers are men, although Tokyo accounts for a 10th of the national population and a fifth of the economy. The Tokyo vote comes after new government data showed the birth rate hit a record low of 1.20 last year, with Tokyo's figure 0.99 -- the first Japan region to fall below one. Koike and her major rivals pledged to expand support for parenting, with the former promising government subsidies for epidurals. "After having their first child, I hear people say they don't want to experience that pain again," Koike said during the election campaign. "I want people to see childbirth and raising children as a happiness, not a risk," she said. A record 56 people were standing in the election, not all of them serious, with one dressing as "The Joker" and calling for polygamy to be legalised. Others campaigned for more golf, poker -- or just to advertise their premises in Tokyo's red-light district. The LDP has governed Japan almost uninterrupted since World War II but the party's popularity rating has sunk to around 20 per cent, partly due to a political funds scandal. Kishida, 66, will face the LDP leadership election later this year before a national vote due by late 2025.

Koike wins Tokyo governor election in rare triumph for women in Japan's male-dominated politics

Japanese worker's average base pay jumped 2.5 per cent in May. This marks the strongest growth in 31 years. This positive trend comes amid annual wage negotiations.

There is a labour shortage. However, inflation continues to outpace wage growth. Consequently, real wages have declined for the 26th consecutive month.

The Bank of Japan (BOJ) is closely monitoring wage growth. This is a key factor in determining when to raise interest rates. BOJ Governor Kazuo Ueda has stressed the need for sustained wage increases to meet the bank's 2 per cent inflation target.

Nominal wages are rising. Inflation is decaying&nbsp;their buying power. Real wages fell 1.4 per cent in May. This follows a 1.2 per cent decline in April. There are signs that the labour shortage is leading to more widespread wage hikes. Companies with 30 or more employees finally saw wage growth outpace inflation for the first time in over two years. However smaller firms are still lagging behind.

The trend is particularly positive for part-time workers. Their wages rose 4 per cent year-on-year in May. This compares to 2.7 per cent increase for full-time employees.

For instance, hotel in Sapporo increased its hourly wages for part-time workers by 15 per cent. This is significantly higher than the 4 per cent raise for full-time staff. The hotel manager attributed this decision. The need to attract part-time workers in a competitive labour market played a crucial role.

A part-time worker at the hotel mentioned the attractive pay. Also, flexible hours were reasons for returning to the workforce. This occurred after a five-year break.

Part-time workers make up a significant portion of Japan's workforce. They account for 30 per cent of the total. But their wages are considerably lower than salaried workers. On average, they earn only a third.

An economist expects the rising wages for part-time workers to eventually boost consumer spending. This will happen by increasing their purchasing power.

(With inputs from Reuters)

Japanese worker's average base pay jumped 2.5 per cent in May. This marks the strongest growth in 31 years. This positive trend comes amid annual wage negotiations.

Japanese worker's average base pay jumped 2.5 per cent in May. This marks the strongest growth in 31 years. This positive trend comes amid annual wage negotiations. There is a labour shortage. However, inflation continues to outpace wage growth. Consequently, real wages have declined for the 26th consecutive month. The Bank of Japan (BOJ) is closely monitoring wage growth. This is a key factor in determining when to raise interest rates. BOJ Governor Kazuo Ueda has stressed the need for sustained wage increases to meet the bank's 2 per cent inflation target. Nominal wages are rising. Inflation is decaying their buying power. Real wages fell 1.4 per cent in May. This follows a 1.2 per cent decline in April. There are signs that the labour shortage is leading to more widespread wage hikes. Companies with 30 or more employees finally saw wage growth outpace inflation for the first time in over two years. However smaller firms are still lagging behind. The trend is particularly positive for part-time workers. Their wages rose 4 per cent year-on-year in May. This compares to 2.7 per cent increase for full-time employees. For instance, hotel in Sapporo increased its hourly wages for part-time workers by 15 per cent. This is significantly higher than the 4 per cent raise for full-time staff. The hotel manager attributed this decision. The need to attract part-time workers in a competitive labour market played a crucial role. A part-time worker at the hotel mentioned the attractive pay. Also, flexible hours were reasons for returning to the workforce. This occurred after a five-year break. Part-time workers make up a significant portion of Japan's workforce. They account for 30 per cent of the total. But their wages are considerably lower than salaried workers. On average, they earn only a third. An economist expects the rising wages for part-time workers to eventually boost consumer spending. This will happen by increasing their purchasing power. (With inputs from Reuters)

Japanese wages see sharpest rise in 3 decades, but real wages remain negative

The Philippines and Japan boosted their defence ties and signed a reciprocal access agreement (RAA) on Monday, saying they were seeking stability in the region, amid rising tensions with China. Watch in for more details!

Japan, Philippines sign landmark defence pact that could counter rising Indo-Pacific tensions

The Philippines and Japan signed a key defence pact on Monday (Jul 8) that will allow the deployment of troops on each other's territory, as they boost ties in the face of China's growing assertiveness.

The Philippines and Japan signed a key defence pact on Monday (Jul 8) that will allow the deployment of troops on each other's territory, as they boost ties in the face of China's growing assertiveness. The Reciprocal Access Agreement (RAA) was finalised in Manila, where Japanese Defence Minister Minoru Kihara and Foreign Minister Yoko Kamikawa are holding talks with their Philippine counterparts Gilberto Teodoro and Enrique Manalo. The accord, which Tokyo and Manila began negotiating in November, provides the legal framework for Japan and the Philippines to send defence personnel to each other's territory for training and other operations. Teodoro and Kamikawa signed the agreement at the presidential palace, presidential communications secretary Cheloy Garafil told AFP. The Philippines and Japan are longtime allies of the United States, which has been strengthening its alliances from Canberra to Tokyo to counter China's growing military might and influence in the region. Chinese officials have accused the United States of trying to create an Asia-Pacific version of NATO. The signing of the RAA comes as China's growing sabre-rattling towards Taiwan and over the South China Sea fuels fears of a potential conflict that could drag in the United States. There have been escalating confrontations at sea between Chinese and Philippine ships as Beijing steps up efforts to push its claims to nearly all of the strategic waterway. The most serious in a number of incidents happened on June 17 when Chinese coast guard personnel wielding knives, sticks and an axe surrounded and boarded three Philippine navy boats during a resupply mission to Second Thomas Shoal in the Spratly Islands. A Filipino sailor lost his thumb in the incident. Tokyo and Beijing are also at loggerheads over Japan-controlled disputed islands in the East China Sea. Japan invaded and occupied the Philippines during World War II, but the two countries have since grown closer due to trade and investment, and more recently, to counter a resurgent China. Japan is a key supplier of security equipment to the Philippines, including patrol vessels for its coast guard and a coastal radar surveillance system. Tokyo's ambassador to Manila, Kazuya Endo, flagged in a speech on Thursday "significant developments" in Japan's defence equipment supplies to the Philippines. Watch | Philippines, Japan ink security deal × 'Linchpin' Tokyo has signed similar reciprocal access agreements with Britain and Australia in recent years. The Philippines has equivalent pacts with the United States and Australia and plans to pursue one with France. The RAA between Manila and Tokyo was important because it would enable the Philippines "to enhance our interoperability with like-minded partners", said Manila-based geopolitical analyst Don McLain Gill. "This would also complement what we are trying to do in terms of enhancing our security partnerships within the US hub and spokes network." The Philippines has been a key focus of US efforts to build an arc of alliances, owing to its position in the South China Sea and proximity to Taiwan, which China claims as its own. Philippine support would be crucial for the United States in the event of any conflict. Leaders from Japan, the Philippines and the United States had their first trilateral summit in April aimed at boosting defence ties in Washington. It was held on the heels of four-way military drills that included Australia in the South China Sea, riling Beijing. Japan, wary about possible future changes in US policy in the region, was also seeking "to play a larger role" as an independent and stabilising force, Gill the analyst, said. "The Japanese would like to impress upon the Americans that Japan is the linchpin of US security presence, military presence here in the region, and of course, the most reliable ally of the United States," said Renato Cruz De Castro, professor for international studies at De La Salle University in Manila.

Historic defence pact signed by Philippines and Japan. Key details revealed

Japan-Philippines sign landmark defence pact

Polls opened Sunday (Jul 7) to elect a new Tokyo governor with incumbent Yuriko Koike challenged by opposition figure Renho, two prominent women in Japan's male-dominated political sphere.

Polls opened Sunday (Jul 7) to elect a new Tokyo governor with incumbent Yuriko Koike challenged by opposition figure Renho, two prominent women in Japan's male-dominated political sphere. Japan has never had a woman prime minister and a large majority of lawmakers are men, but Tokyo, accounting for a tenth of the national population and a fifth of the economy, has been run since 2016 by former television anchor Koike, 71. While few now tout the former defence and environment minister as a possible future prime minister, as many once did, polls suggest that the media-savvy conservative will win a third straight term in the metropolis of 14 million people. This will be some relief ahead of national elections due by late 2025 to the ruling Liberal Democratic Party (LDP) of deeply unpopular Prime Minister Fumio Kishida which backs Koike, even though she broke away from the LDP in 2017. Kishida, whose public support rate has been dwindling to around 20 per cent, partly due to a political funds scandal revealed late last year, will also face the LDP leadership election later this year. The Tokyo vote comes after new government data showed the birth rate hit a record low of 1.20 last year, with Tokyo's figure 0.99 -- the first Japan region to fall below one. Also read | Tokyo govt to launch dating app amid plummeting birth rate: 'Gentle push to find one' Pledges of family support Both Koike and her nearest rival Renho, who goes by one name, have pledged to expand support for parenting, with Koike promising subsidised epidurals. "After having their first child, I hear people say they don't want to experience that pain again," Koike said, according to local media. "I want people to see childbirth and raising children as a happiness, not a risk," said the incumbent, who has campaigned with an AI version of herself. Renho, meanwhile, pledged to support young people "and expand their life choices." "I will implement genuine long-term fertility measures," said Renho, who is backed by Japan's main opposition parties. "I will also realise transparent fiscal reforms, where everyone can check the situation." A dark horse in the race could be independent candidate Shinji Ishimaru, 41, a former mayor of Akitakata in western Japan, recent polls also suggested, with some swing voters preferring him over Koike and Renho. "If you look away, interest-based politics and pork-barrel projects will rear their ugly heads," he said in a speech Saturday, stressing his financial expertise as a former banker. A record 56 people are standing in the election, not all of them serious, with one dressing as "The Joker" and calling for polygamy to be legalised. Others are campaigning for more golf, poker or just to advertise their premises in the red-light district. Local media speculate that the turnout may be up given that early votes cast through July 5 reached 1.65 million, up 20 per cent from 1.38 million in 2020. Overall turnout was 55 per cent in the last vote, down from nearly 60 per cent when Koike was first elected in 2016. Ballot boxes will close at 08:00 pm (1100 GMT).

In male-dominated Japan, Tokyo votes for governor as Koike seeks reelection

A private sector survey data shows that Japanese services activity in June contracted for the first time since August 2016, largely because of easing domestic demand. Notwithstanding the contraction, business confidence and hiring indicators rub off a positive note.

The service sector has turbocharged Japan's economy and so far has cushioned the blow from a poor performance in the manufacturing sector. The final au Jibun Bank Service Purchasing Managers' index (PMI) slid to 49.4 in June from 53.8 in May, bringing a 21-month streak of growth to an abrupt halt, the S&amp;P Global Market Intelligence survey showed. The PMI was weaker than the preliminary figure of 49.8 and the first reading below the 50.0 threshold separating expansion from contraction since August 2022.

Trevor Balchin, economics director at S&amp;P Global Market Intelligence, commented June's decline in new business simply reflects a pause in growth, rather than any great fall in demand.&nbsp;

"Looking beyond the headline figure, the picture is less concerning," Balchin said.

Consumer services, finance and insurance, and real estate and business services were all seeing a fall in demand, but transports and storage together with information and communication rose in June. Meanwhile, the weak yen-the currency has lost over 12 per cent so far this year-boosted foreign demand for Japanese services.

While still broadly positive, at a slower pace, the 12-month outlook for employment and business confidence grew. At the same time, rising wages and food and fuel costs, along with the weaker yen, firmed up the input price increases, driving through the fastest rate of inflation since last August.

Companies continued to pass on price hikes to consumers against the backdrop of higher wages and material costs, and the pace of growth of average prices charged remained close to record levels seen in April and May.

The composite PMI, which combines manufacturing and services activity figures, fell to 49.7 in June from 52.6 in May indicating the first reading below the 50.0 level in seven months.

The economy now approaches a critical juncture, dependent as it has been on services to balance out a weak manufacturing sector, following the recent Japanese service sector contraction. In addition, the au Jibun Bank Service PMI final reading dropped to 49.4 in June, which signals no growth, even though business confidence and hiring indicators showed resilience and thus held some potential for recovery. However, these might be constrained by rising input costs and inflation. As these continue to be passed on to consumers from companies, the economic landscape will balance inflationary pressures with sustainable growth.

A private sector survey data shows that Japanese services activity in June contracted for the first time since August 2016, largely because of easing domestic demand.

A private sector survey data shows that Japanese services activity in June contracted for the first time since August 2016, largely because of easing domestic demand. Notwithstanding the contraction, business confidence and hiring indicators rub off a positive note. The service sector has turbocharged Japan's economy and so far has cushioned the blow from a poor performance in the manufacturing sector. The final au Jibun Bank Service Purchasing Managers' index (PMI) slid to 49.4 in June from 53.8 in May, bringing a 21-month streak of growth to an abrupt halt, the S&P Global Market Intelligence survey showed. The PMI was weaker than the preliminary figure of 49.8 and the first reading below the 50.0 threshold separating expansion from contraction since August 2022. Trevor Balchin, economics director at S&P Global Market Intelligence, commented June's decline in new business simply reflects a pause in growth, rather than any great fall in demand. "Looking beyond the headline figure, the picture is less concerning," Balchin said. Consumer services, finance and insurance, and real estate and business services were all seeing a fall in demand, but transports and storage together with information and communication rose in June. Meanwhile, the weak yen-the currency has lost over 12 per cent so far this year-boosted foreign demand for Japanese services. While still broadly positive, at a slower pace, the 12-month outlook for employment and business confidence grew. At the same time, rising wages and food and fuel costs, along with the weaker yen, firmed up the input price increases, driving through the fastest rate of inflation since last August. Companies continued to pass on price hikes to consumers against the backdrop of higher wages and material costs, and the pace of growth of average prices charged remained close to record levels seen in April and May. The composite PMI, which combines manufacturing and services activity figures, fell to 49.7 in June from 52.6 in May indicating the first reading below the 50.0 level in seven months. The economy now approaches a critical juncture, dependent as it has been on services to balance out a weak manufacturing sector, following the recent Japanese service sector contraction. In addition, the au Jibun Bank Service PMI final reading dropped to 49.4 in June, which signals no growth, even though business confidence and hiring indicators showed resilience and thus held some potential for recovery. However, these might be constrained by rising input costs and inflation. As these continue to be passed on to consumers from companies, the economic landscape will balance inflationary pressures with sustainable growth.

Japan's service sector stumbles: a wake-up call for economic strategy

The Japanese Supreme Court on Wednesday (Jul 3) ruled that the Eugenic Protection Law, which was scrapped in 1996, was 'unconstitutional'. The government had used the draconian law to forcibly sterilise around 16,500 people in order to "prevent the generation of poor quality descendants." The top court also nullified a 20-year statute of limitations in this case, paving the way for thousands of victims to receive compensation from the government.

"For the state to evade responsibility for damages payments would be extremely unfair and unjust, and absolutely intolerable," the court said.

<h2>More about the law</h2>

The law, which came into effect in 1948, allowed the government to use physical restraint, anaesthesia and even "deception" to forcibly sterilise the people. In total, 25,000 people were sterilised, including 8,500 those whose consent was taken on paper.

But lawyers argue those people were likely "de facto forced" because of the pressure individuals faced.

<h2>Victims speak up</h2>

The grave injustice of the past first came to limelight in 2018 when an elderly woman sued the government over a procedure that she had undergone at the age of 15 under the controversial law.

This suit paved the way for more similar cases against the government.

Also read:&nbsp;<a data-ved="2ahUKEwiq6PH8_IqHAxUKdmwGHfzRC64QxfQBKAB6BAgQEAE" href="https://www.wionews.com/business-economy/japans-service-sector-stumbles-a-wake-up-call-for-economic-strategy-737296" jsname="YKoRaf" ping="/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://www.wionews.com/business-economy/japans-service-sector-stumbles-a-wake-up-call-for-economic-strategy-737296&amp;ved=2ahUKEwiq6PH8_IqHAxUKdmwGHfzRC64QxfQBKAB6BAgQEAE">Japan`s service sector stumbles: a wake-up call for economic strategy</a>

One victim, who uses the pseudonym Saburo Kita, was quoted by the news agency AFP as saying that today she wanted to tell her parents that they had won.

"There are people who couldn't be here today. There are those who died as well. I want to visit the grave of my parents and tell them we've won," Kita said.

<h2>Govt issued apology</h2>

The Japanese government in 2019 had passed a legislation apologising "wholeheartedly" for the defunct law and declaring compensation of 3.2 million yen (around $20,000 today) per victim.

But survivors didn't find it enough and took the matter to court.

Also read:&nbsp;<a data-ved="2ahUKEwiq6PH8_IqHAxUKdmwGHfzRC64QxfQBKAB6BAgHEAE" href="https://www.wionews.com/videos/japan-renews-its-banknotes-for-the-first-time-in-20-years-737435" jsname="YKoRaf" ping="/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://www.wionews.com/videos/japan-renews-its-banknotes-for-the-first-time-in-20-years-737435&amp;ved=2ahUKEwiq6PH8_IqHAxUKdmwGHfzRC64QxfQBKAB6BAgHEAE">Japan renews its banknotes for the first time in 20 years</a>

Judges in lower courts agreed that the law violated the country's constitution but voiced mixed opinions on whether the victims could be compensated given that the 20-year window for pursuing damages had closed.

Now, the Supreme Court has ended this debate with a historic ruling, welcomed by the victims.

"We cannot forgive the irresponsibility of the government and its lack of human rights awareness, as well as the fact that what is now described as the biggest human rights violation in Japan's post-war history was left unaddressed for such a long time," one group of victims said in a statement.

(With inputs from agencies)

The Japanese Supreme Court on Wednesday (Jul 3) ruled that the Eugenic Protection Law, which was scrapped in 1996, was 'unconstitutional'. The government had used the draconian law to forcibly sterilise around 16,500 people in order to "prevent the generation of poor quality descendants.

The Japanese Supreme Court on Wednesday (Jul 3) ruled that the Eugenic Protection Law, which was scrapped in 1996, was 'unconstitutional'. The government had used the draconian law to forcibly sterilise around 16,500 people in order to "prevent the generation of poor quality descendants." The top court also nullified a 20-year statute of limitations in this case, paving the way for thousands of victims to receive compensation from the government. "For the state to evade responsibility for damages payments would be extremely unfair and unjust, and absolutely intolerable," the court said. More about the law The law, which came into effect in 1948, allowed the government to use physical restraint, anaesthesia and even "deception" to forcibly sterilise the people. In total, 25,000 people were sterilised, including 8,500 those whose consent was taken on paper. But lawyers argue those people were likely "de facto forced" because of the pressure individuals faced. Victims speak up The grave injustice of the past first came to limelight in 2018 when an elderly woman sued the government over a procedure that she had undergone at the age of 15 under the controversial law. This suit paved the way for more similar cases against the government. Also read: Japan`s service sector stumbles: a wake-up call for economic strategy One victim, who uses the pseudonym Saburo Kita, was quoted by the news agency AFP as saying that today she wanted to tell her parents that they had won. "There are people who couldn't be here today. There are those who died as well. I want to visit the grave of my parents and tell them we've won," Kita said. Govt issued apology The Japanese government in 2019 had passed a legislation apologising "wholeheartedly" for the defunct law and declaring compensation of 3.2 million yen (around $20,000 today) per victim. But survivors didn't find it enough and took the matter to court. Also read: Japan renews its banknotes for the first time in 20 years Judges in lower courts agreed that the law violated the country's constitution but voiced mixed opinions on whether the victims could be compensated given that the 20-year window for pursuing damages had closed. Now, the Supreme Court has ended this debate with a historic ruling, welcomed by the victims. "We cannot forgive the irresponsibility of the government and its lack of human rights awareness, as well as the fact that what is now described as the biggest human rights violation in Japan's post-war history was left unaddressed for such a long time," one group of victims said in a statement. (With inputs from agencies)

Japan Supreme Court says forced sterilisation law was ‘unconstitutional’, allows people to claim compensation

Japan began circulating its first new banknotes in 20 years on Wednesday (July 3), featuring three-dimensional portraits of the founders of financial institutions and a women's university in an attempt to frustrate counterfeiters.

Japan renews its banknotes for the first time in 20 years

The pace of the rally of Japan's stock market is now expected to slow down in the second half of 2024, giving investors a greater likelihood of shifting investments to rival markets.

A Bloomberg survey of asset managers and strategists called for a benchmark Topix index rise of around 2.9 per cent to 2,890 by year-end, while the Nikkei 225 Stock Average will climb about 4.8 per cent to 41,489. That would be a serious deceleration from the gain of about 18 per cent these indices made in the first half of this year. The broader Topix even climbed to a 34-year high, above its March highs, with the financial sector leading the gains.

Concerns about further yen weakness weighed on sentiment. Consumer and business spending wilted, and around a third of Bank of Japan watchers surveyed by Bloomberg expect a July rate increase. Released Friday morning, Tokyo's June inflation data came in higher - enough to keep a possible interest rate hike on the table, in theory, for the upcoming Bank of Japan meeting.

“I don’t think we will see out-performance from Japanese stocks from here,” said Kyle Rodda, a senior market analyst at Capital.Com Inc. “Given the rally we saw at the start of the year, the underlying trends in the economy and policy lend themselves to more downside than upside risks.”

The yen slipped to 161 per dollar, bringing it close to levels not seen since 1986. Further predictions had it slumping as low as 170 per dollar. While a weaker yen benefits exporters, a weaker yen also contributes to inflation through higher import costs, hence suppressing real wages, which becomes a critical factor for the growth of Japanese equities.

Currency risks and a slowing economy are making some foreign investors look for opportunities outside Japan. The Topix trades at a price to earnings ratio of about 17 times, while 14 times for the Shanghai Stock Exchange Composite index. It is reported that for a fifth week, foreign investors sold Japanese cash equities in a row, which is the longest streak since March of the previous year.

“We think Japan may lag China, but still do quite well to broader Asia,” said Alexander Cousley, an investment strategist at Russell Investments Group LLC. “Valuations are there, with Chinese equities notably cheaper than Japanese and global equities.”

That said, many still remain positive on Japan with companies such as BlackRock Inc. staying overweight on Japan equities. In June, a survey by Bank of America showed Japan is still the most favoured market in the region. Using forward earnings, the MSCI Japan index is expected to rise 16 per cent in the next 12 months, while the MSCI World index is expected to rise by 8.5 per cent, based on Bloomberg data.

“Earnings for Japanese companies, which have already outperformed the underlying economy, are expected to improve even further and lead the developed world at about 11%–13% this year,” Alexander Wolf, head of Asia Investment Strategy at JP Morgan Chase Bank NA wrote in a note this month.

The pace of the rally of Japan's stock market is now expected to slow down in the second half of 2024, giving investors a greater likelihood of shifting investments to rival markets.

The pace of the rally of Japan's stock market is now expected to slow down in the second half of 2024, giving investors a greater likelihood of shifting investments to rival markets. A Bloomberg survey of asset managers and strategists called for a benchmark Topix index rise of around 2.9 per cent to 2,890 by year-end, while the Nikkei 225 Stock Average will climb about 4.8 per cent to 41,489. That would be a serious deceleration from the gain of about 18 per cent these indices made in the first half of this year. The broader Topix even climbed to a 34-year high, above its March highs, with the financial sector leading the gains. Concerns about further yen weakness weighed on sentiment. Consumer and business spending wilted, and around a third of Bank of Japan watchers surveyed by Bloomberg expect a July rate increase. Released Friday morning, Tokyo's June inflation data came in higher - enough to keep a possible interest rate hike on the table, in theory, for the upcoming Bank of Japan meeting. “I don’t think we will see out-performance from Japanese stocks from here,” said Kyle Rodda, a senior market analyst at Capital.Com Inc. “Given the rally we saw at the start of the year, the underlying trends in the economy and policy lend themselves to more downside than upside risks.” The yen slipped to 161 per dollar, bringing it close to levels not seen since 1986. Further predictions had it slumping as low as 170 per dollar. While a weaker yen benefits exporters, a weaker yen also contributes to inflation through higher import costs, hence suppressing real wages, which becomes a critical factor for the growth of Japanese equities. Currency risks and a slowing economy are making some foreign investors look for opportunities outside Japan. The Topix trades at a price to earnings ratio of about 17 times, while 14 times for the Shanghai Stock Exchange Composite index. It is reported that for a fifth week, foreign investors sold Japanese cash equities in a row, which is the longest streak since March of the previous year. “We think Japan may lag China, but still do quite well to broader Asia,” said Alexander Cousley, an investment strategist at Russell Investments Group LLC. “Valuations are there, with Chinese equities notably cheaper than Japanese and global equities.” That said, many still remain positive on Japan with companies such as BlackRock Inc. staying overweight on Japan equities. In June, a survey by Bank of America showed Japan is still the most favoured market in the region. Using forward earnings, the MSCI Japan index is expected to rise 16 per cent in the next 12 months, while the MSCI World index is expected to rise by 8.5 per cent, based on Bloomberg data. “Earnings for Japanese companies, which have already outperformed the underlying economy, are expected to improve even further and lead the developed world at about 11%–13% this year,” Alexander Wolf, head of Asia Investment Strategy at JP Morgan Chase Bank NA wrote in a note this month.

Japan’s stock rally expected to slow: investors eye rivals as yen weakens and economy slows

In response to an impending cargo transportation problem, Japan has revealed plans to build a network of advanced, automated conveyor belts to move products more than 500 miles between Tokyo and Osaka.

Japan plan's a 500km conveyor belt to solve looming cargo logistics crisis

North Korea has successfully conducted an important test aimed at developing missiles carrying multiple warheads, state television KRT said on Thursday (June 27), a claim rejected by South Korea as "deception" to mask a failed launch.

North Korea claims successful test to develop multiple warhead missile

Japan is planning to build a 300-mile conveyor belt (autoflow-road network) between Tokyo and Osaka for better efficiency in transportation.&nbsp;

They aim to deal with two problems with this high-tech road. First, an automated belt will help reduce greenhouse gas emissions to a great extent. Secondly, it will also help Japan deal with the shortage of delivery drivers they are currently facing. This automated road will ensure smooth cargo transportation across Japan.&nbsp;

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<h2>The pressing problem of shortage of delivery drivers</h2>

Japan is currently facing a shortage of delivery drivers due to the rapid ageing of the population. This is a significant problem for Japan as it slows down the transportation system of the nation.&nbsp;

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According to Nomura Research Institute, it is estimated that conventional freight transportation will drop to 1.4 billion tonnes in 2030 compared to 1.43 billion tonnes in 2020.&nbsp;

In a grim situation like this, an automated road is what Japan needs. This conveyor belt would function 24 hours a day, with pallets holding up to one tonne of cargo. It is said that this automated belt would replace the job of 25,000 drivers per day.&nbsp;

<h2>An initiative towards reducing greenhouse gas emissions&nbsp;</h2>

According to the plan devised for the Autoflow-Road, the conveyor belts will be installed beneath highways, on ground tracks, along motorways, etc. This is an attempt to reduce greenhouse gas emissions and increase efficiency in transportation.&nbsp;

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"The Autoflow-Road will not only address the logistics crisis but also help to reduce greenhouse gas emissions. We would like to speedily proceed with discussions on the matter,"&nbsp;Transport Minister, Tetsuo Saito said during the unveiling ceremony.&nbsp;

(With inputs from agencies)&nbsp;

Japan is planning to build a 300-mile conveyor belt (autoflow-road network) between Tokyo and Osaka for better efficiency in transportation. They aim to deal with two problems with this high-tech road.

Japan is planning to build a 300-mile conveyor belt (autoflow-road network) between Tokyo and Osaka for better efficiency in transportation. They aim to deal with two problems with this high-tech road. First, an automated belt will help reduce greenhouse gas emissions to a great extent. Secondly, it will also help Japan deal with the shortage of delivery drivers they are currently facing. This automated road will ensure smooth cargo transportation across Japan. Also read | Abraham Lincoln's wax statue melts amid soaring temperatures, see pics The pressing problem of shortage of delivery drivers Japan is currently facing a shortage of delivery drivers due to the rapid ageing of the population. This is a significant problem for Japan as it slows down the transportation system of the nation. Watch | Germany cracks down on terror propagation According to Nomura Research Institute, it is estimated that conventional freight transportation will drop to 1.4 billion tonnes in 2030 compared to 1.43 billion tonnes in 2020. In a grim situation like this, an automated road is what Japan needs. This conveyor belt would function 24 hours a day, with pallets holding up to one tonne of cargo. It is said that this automated belt would replace the job of 25,000 drivers per day. An initiative towards reducing greenhouse gas emissions According to the plan devised for the Autoflow-Road, the conveyor belts will be installed beneath highways, on ground tracks, along motorways, etc. This is an attempt to reduce greenhouse gas emissions and increase efficiency in transportation. Also read | UK: Families outraged as driver not charged after fatal school crash in Wimbledon "The Autoflow-Road will not only address the logistics crisis but also help to reduce greenhouse gas emissions. We would like to speedily proceed with discussions on the matter," Transport Minister, Tetsuo Saito said during the unveiling ceremony. (With inputs from agencies)

Japan to build 300-mile conveyor belt amid driver shortage due to ageing population

Japanese currency yen fell to its lowest level since 1986. This has alerted traders on a possible intervention by the central bank. Japan's Ministry of Finance and Central Bank spent $62 billion in late April and early May to stabilise the currency when it fell below 160. This might have given some temporary relief, but the currency has already dropped 5 per cent since May. The sluggish export numbers and rising imports are hurting the currency's value among investors. The trade deficit stands at $38 billion in the last fiscal year. &nbsp;

Japan is currently following the US Fed's 'hawkish stance' on keeping interest rates on hold, at least for now. The US is currently 'observing' the movements of key economic indicators. This strategy is possibly hurting the yen, which is now facing the test of a rising dollar and a growing deficit. The dollar index rose 0.3 per cent to 105.99, the highest since May.

The recently concluded Bank of Japan meeting hinted at a July rate hike. Now the anticipation of an early stimulus is growing as the country faces a potential currency crisis amid rising debt.

Japan's central bank made a historic pivot in April when it raised rates for the first time since 2007. The country abandoned its decade-long policy of keeping negative interest rates on its bond yields. The idea was initially to counter inflation and boost growth. However, the growing US-Japan bond yield deficit led to this shift. The returns on investing in Japanese government bonds are relatively lower than other currencies. This has led to a currency plunge of more than 13 per cent in 2024.

In 2023 alone, the currency has recorded three-decade lows against the US dollar. It is also one of the worst-performing currencies of 2024.

Japanese currency yen fell to its lowest level since 1986. This has alerted traders on a possible intervention by the central bank. Japan's Ministry of Finance and Central Bank spent $62 billion in late April and early May to stabilise the currency when it fell below 160.

Japanese currency yen fell to its lowest level since 1986. This has alerted traders on a possible intervention by the central bank. Japan's Ministry of Finance and Central Bank spent $62 billion in late April and early May to stabilise the currency when it fell below 160. This might have given some temporary relief, but the currency has already dropped 5 per cent since May. The sluggish export numbers and rising imports are hurting the currency's value among investors. The trade deficit stands at $38 billion in the last fiscal year. Japan is currently following the US Fed's 'hawkish stance' on keeping interest rates on hold, at least for now. The US is currently 'observing' the movements of key economic indicators. This strategy is possibly hurting the yen, which is now facing the test of a rising dollar and a growing deficit. The dollar index rose 0.3 per cent to 105.99, the highest since May. The recently concluded Bank of Japan meeting hinted at a July rate hike. Now the anticipation of an early stimulus is growing as the country faces a potential currency crisis amid rising debt. Japan's central bank made a historic pivot in April when it raised rates for the first time since 2007. The country abandoned its decade-long policy of keeping negative interest rates on its bond yields. The idea was initially to counter inflation and boost growth. However, the growing US-Japan bond yield deficit led to this shift. The returns on investing in Japanese government bonds are relatively lower than other currencies. This has led to a currency plunge of more than 13 per cent in 2024. In 2023 alone, the currency has recorded three-decade lows against the US dollar. It is also one of the worst-performing currencies of 2024.

Japanese yen hits lowest level since 1986

Japan's government is calling for increased supervision of US troops stationed in the country after a US soldier was charged over the alleged sexual assault of a Japanese teenager in Okinawa.

The prosecutors in the southern island region charged the US soldier in March, top government spokesman Yoshimasa Hayashi told reporters on Tuesday (June 25).

According to the local media, the 25-year-old man allegedly assaulted her on 24 December and he was identified through security camera footage after the girls' family reported it.

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The Japanese government expressed regret to US Ambassador Rahm Emanuel over the incident and called for stronger oversight of behaviour by military personnel, Hayashi said.

Okinawa, despite comprising just 0.6 percent of Japan's land area, accommodates approximately 70% of all US military bases and facilities in the country. The islands are home to more than half of the 54,000 US soldiers serving in Japan.

Residents have faced numerous issues stemming from these bases, including pollution, noise, and helicopter crashes, leading to widespread complaints about bearing the primary burden of hosting troops.

Notably, in 1995 gang rape of a 12-year-old girl by three US soldiers in Okinawa prompted widespread calls for a change of a 1960 pact that outlined the legal status of Japan-based US military personnel.

Okinawa governor Denny Tamaki said, “The act committed against a minor not only instills fear among local residents coexisting with US bases but also violates the dignity of women.”

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"The extreme burden of hosting military bases is an everyday matter for us, and is intolerable," he added.

A nationwide poll conducted by broadcaster NHK in 2022 revealed that 80% of Japanese view the current disproportionate distribution of United States forces as wrong or somewhat wrong.

(With inputs from agencies)

Japan's government is calling for increased supervision of US troops stationed in the country after a US soldier was charged over the alleged sexual assault of a Japanese teenager in Okinawa.

Japan's government is calling for increased supervision of US troops stationed in the country after a US soldier was charged over the alleged sexual assault of a Japanese teenager in Okinawa. The prosecutors in the southern island region charged the US soldier in March, top government spokesman Yoshimasa Hayashi told reporters on Tuesday (June 25). According to the local media, the 25-year-old man allegedly assaulted her on 24 December and he was identified through security camera footage after the girls' family reported it. Also read: Japan-UK royalty ties: Japanese Emperor & Empress begins UK visit The Japanese government expressed regret to US Ambassador Rahm Emanuel over the incident and called for stronger oversight of behaviour by military personnel, Hayashi said. Okinawa, despite comprising just 0.6 percent of Japan's land area, accommodates approximately 70% of all US military bases and facilities in the country. The islands are home to more than half of the 54,000 US soldiers serving in Japan. Residents have faced numerous issues stemming from these bases, including pollution, noise, and helicopter crashes, leading to widespread complaints about bearing the primary burden of hosting troops. Notably, in 1995 gang rape of a 12-year-old girl by three US soldiers in Okinawa prompted widespread calls for a change of a 1960 pact that outlined the legal status of Japan-based US military personnel. Okinawa governor Denny Tamaki said, “The act committed against a minor not only instills fear among local residents coexisting with US bases but also violates the dignity of women.” Also read: Japan joins US in sanctioning China over support for Russia's war "The extreme burden of hosting military bases is an everyday matter for us, and is intolerable," he added. A nationwide poll conducted by broadcaster NHK in 2022 revealed that 80% of Japanese view the current disproportionate distribution of United States forces as wrong or somewhat wrong. (With inputs from agencies)

US soldier charged in Japan's Okinawa for rape of minor

In a scientific breakthrough, Japanese scientists have found a way to attach artificially created living skin to robot faces for more realistic smiles and facial expressions.

Japanese scientists create living robot skin with human cells

The price Japanese companies charge each other for services increased 2.5 per cent in May compared to last year, indicating that businesses are passing on rising labour costs to their clients. This is according to Reuters.

This rise, however, is slower than the 2.7 per cent gain observed in April. 
The Bank of Japan (BOJ) data also showed that an index measuring service prices with high labour content remained unchanged at 2.5 per cent year-on-year.

According to a report by Associate Press, even though this growth in business service prices, Japan's economy contracted at an annualised rate of 1.8 per cent in the first quarter of 2023. This is a slight improvement from the initial estimate of a 2.0 per cent decline. The revision can be attributed to an upward adjustment in private sector investments, which went from -0.5 per cent to -0.4 per cent, according to data provided by the Cabinet Office.

Japan's GDP, a measure of the nation's economic output, remained negative due to a decrease in exports and consumption compared to the previous quarter. The economy also witnessed a 0.5 per cent decline on a quarter-to-quarter basis in the January-March period.

Slow wage growth and rising import prices due to the weakening yen against the US dollar have been hurdles for the Japanese economy. The dollar has recently been trading at nearly 157 yen, compared to 140 yen a year ago.

While the weak yen has boosted tourism, it has also made imports more expensive, impacting a nation that relies heavily on energy imports. Stagnant consumer spending, which makes up half of Japan's economic activity, has further burdened the economy.

Another factor weighing on the economy is the ongoing scandal involving deceptive vehicle testing by major automakers, including Toyota, which has damaged Japan's reputation for quality. The scandal has led to production halts on some models.

Government officials have raided the headquarters of several automakers, including Honda and Mazda, investigating their testing practices. Toyota's chairman recently apologised for the widespread fraudulent testing, which involved the use of incorrect data and improper testing procedures. While the safety of the vehicles was not compromised, the companies aimed to expedite the testing process.

Investors are closely following the upcoming meeting of the Bank of Japan's monetary policy board. The central bank raised interest rates earlier this year for the first time since 2007, but only marginally, to a range of 0 per cent to 0.1 per cent. S&amp;P Global Market Intelligence highlighted concerns about the weak yen and rising input costs faced by Japanese manufacturers.

Japan's unemployment rate remains low at around 2.6 per cent, one of the lowest among major economies. However, the country faces a serious labour shortage due to its declining birth rate, which hit a record low last year, along with a decrease in marriages.

Analysts warn that these demographic trends could pose a long-term threat, potentially weakening Japan's global influence and even impacting its security in the future, given the country's already low per capita output.

The International Monetary Fund (IMF) predicts that Japan's GDP will fall to the fifth-largest globally by next year, surpassed by India.

(With inputs from Reuters and Associate Press)

The price Japanese companies charge each other for services increased 2.5 per cent in May compared to last year, indicating that businesses are passing on rising labour costs to their clients.

The price Japanese companies charge each other for services increased 2.5 per cent in May compared to last year, indicating that businesses are passing on rising labour costs to their clients. This is according to Reuters. This rise, however, is slower than the 2.7 per cent gain observed in April. The Bank of Japan (BOJ) data also showed that an index measuring service prices with high labour content remained unchanged at 2.5 per cent year-on-year. According to a report by Associate Press, even though this growth in business service prices, Japan's economy contracted at an annualised rate of 1.8 per cent in the first quarter of 2023. This is a slight improvement from the initial estimate of a 2.0 per cent decline. The revision can be attributed to an upward adjustment in private sector investments, which went from -0.5 per cent to -0.4 per cent, according to data provided by the Cabinet Office. Japan's GDP, a measure of the nation's economic output, remained negative due to a decrease in exports and consumption compared to the previous quarter. The economy also witnessed a 0.5 per cent decline on a quarter-to-quarter basis in the January-March period. Slow wage growth and rising import prices due to the weakening yen against the US dollar have been hurdles for the Japanese economy. The dollar has recently been trading at nearly 157 yen, compared to 140 yen a year ago. While the weak yen has boosted tourism, it has also made imports more expensive, impacting a nation that relies heavily on energy imports. Stagnant consumer spending, which makes up half of Japan's economic activity, has further burdened the economy. Another factor weighing on the economy is the ongoing scandal involving deceptive vehicle testing by major automakers, including Toyota, which has damaged Japan's reputation for quality. The scandal has led to production halts on some models. Government officials have raided the headquarters of several automakers, including Honda and Mazda, investigating their testing practices. Toyota's chairman recently apologised for the widespread fraudulent testing, which involved the use of incorrect data and improper testing procedures. While the safety of the vehicles was not compromised, the companies aimed to expedite the testing process. Investors are closely following the upcoming meeting of the Bank of Japan's monetary policy board. The central bank raised interest rates earlier this year for the first time since 2007, but only marginally, to a range of 0 per cent to 0.1 per cent. S&P Global Market Intelligence highlighted concerns about the weak yen and rising input costs faced by Japanese manufacturers. Japan's unemployment rate remains low at around 2.6 per cent, one of the lowest among major economies. However, the country faces a serious labour shortage due to its declining birth rate, which hit a record low last year, along with a decrease in marriages. Analysts warn that these demographic trends could pose a long-term threat, potentially weakening Japan's global influence and even impacting its security in the future, given the country's already low per capita output. The International Monetary Fund (IMF) predicts that Japan's GDP will fall to the fifth-largest globally by next year, surpassed by India. (With inputs from Reuters and Associate Press)

Japan's business service prices rise as companies pass on labour costs

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