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The Latest Breaking News from Japan

G7 Should Adopt ‘Risk-Based’ AI Regulation, Ministers Say

Group of Seven advanced nations should adopt "risk-based" regulation on artificial intelligence, their digital ministers agreed on Sunday, as European lawmakers hurry to introduce an AI Act to enforce rules on emerging tools such as ChatGPT. But such regulation should also "preserve an open and enabling environment" for the development…

Asharq Al-Awsat

G7 should adopt 'risk-based' AI regulation, ministers say

Reuters

The Montevideo Maru has been found but the wrecks of other 'hell ships' like the Rakuyo Maru are still missing

The discovery last week of the wreck of the Montevideo Maru has prompted renewed focus on the Japanese prison ships of World War II. Many were sunk by Allied submarines, sending thousands of their comrades to their deaths.

ABC News

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Easy Escapes: Higashiyama Niseko Village, a Ritz-Carlton Reserve

Nestled in the alpine mountains of southern Hokkaido, Japan’s northernmost island, you’ll find keen skiers - and beginners, too - taking on the powdery pistes at Niseko Village. Often touted as the ‘Aspen of Asia’, it’s a resort famed for its breathtaking views, quality snow and luxury hotels.

Marie Claire

Ron DeSantis critics gloat over ‘brutal’ reviews of his UK trip: ‘Horrendous, low-wattage, bored’

The Florida governor and his wife travelled this week to Israel, Japan, Korea and the UK on an economic trade mission

The Independent UK

Abdulla strikes gold in World Athletics Continental Tour meet in Japan

Commonwealth Games silver medallist Abdulla Aboobacker, who had been struggling in national meets this season, wins gold at the Oda Mikio memorial athletics meet, a World Athletics Continental Tour event, in Japan on Saturday.

The Hindu

Japanese PM to Visit Egypt

Japan's Prime Minister Fumio Kishida is scheduled to visit Egypt on Saturday as part of an African tour to discuss regional developments. The Prime Minister will discuss with senior Egyptian officials ways to promote cooperation between the two countries in various fields, namely renewable energy, food, agriculture, education, and tourism.…

Asharq Al-Awsat

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Japan PM Kishida to visit South Korea for summit with Yoon - Kyodo

Japanese Prime Minister Fumio Kishida will visit South Korea early next month and hold a meeting with President Yoon Suk Yeol, around May 7-8, Kyodo reported, citing multiple unnamed Japanese and South Korean diplomatic sources.

Reuters

Dollar Gains on Strength in U.S. Economic News and Yen Weakness

The dollar index (DXY00 ) on Friday rose by +0.18% and posted a 1-week high. The dollar found support Friday on the stronger-than-expected U.S. Q1 employment cost index report, which bolsters the case for the Fed to keep raising interest rates. The dollar also found support on weakness in the...

Barchart

Biden Is Rewriting the Rules on Trade—and Americans Should Be Worried

The administration is doing a sneaky end run around the Inflation Reduction Act.

Foreign Policy

Stocks Push Higher on Strength in Corporate Earnings

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.40%. U.S. stock indexes this morning are moderately higher, with...

Barchart

‘Wolf warrior’ or entertainer? Outspoken Japanese envoy Shingo Yamagami has no regrets as he departs Australia

The ambassador has been seen variously as giving Australia a ‘shake-up’ and ‘kicking own-goals’ during his Canberra posting

The Guardian - AU

Markets Today: Stocks Continue Their Rally

Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) today is up +0.46%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is up +0.40%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is up +0.30%. U.S. stock indexes are moderately higher,...

Barchart

Japan to lift COVID-19 border controls before holiday week

Japan will lift most of its coronavirus border controls, including a requirement that entrants show proof of three vaccinations or a pre-departure negative test, beginning Saturday as the country’s Golden Week holiday season begins and a large influx of foreign tourists is expected

The Independent UK

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Barchart

Markets Today: Weakness in Tech Stocks Weighs on Stock Index Futures

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.29%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.22%. U.S. stock index futures this morning are moderately lower. Weakness in technology stocks is weighing on the overall market after Amazon.com gave up a +12%...

Daily Record

Oh set for Celtic homecoming as South Korea 'added' to Japan for Far East pre-season tour

Ange Postecoglou is set to lead the champions-elect back to Asia where he enjoyed success with the Yokohama F Marinos.

Inverse

25 Years Ago, a Classic Sci-Fi Franchise Unleashed Its Most Controversial Movie

'Godzilla vs. King Ghidora' sparked controversy in the West. Then, it got a U.S. release.

The Independent UK

Japan to restore preferred trade status for South Korea

Japan’s trade ministry says it has begun procedures to restore preferential trade status for South Korea, days after Seoul took a similar step for Tokyo and requested reciprocity, and more than three years after the countries downgraded each other during a bitter historical dispute

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The News Lens

Pro-Beijing Politicians Urge Hong Kong to Scrap the Gay Games 2023

Conservatives are urging national security authorities to step in and cancel the Games. But even if the event goes ahead as planned, participants will have to abide by new rally rules.

Asharq Al-Awsat

Japan Moves to Return S. Korea to Fast-Track Trade ‘White List’

Japan will canvass public opinion on restoring South Korea to a "white list" of countries with fast-track trade status, the trade ministry said on Friday, a key step towards resolving an economic row that strained ties. Japan lifted export curbs on high-tech materials to South Korea in March as the…

Asharq Al-Awsat

Sony Expects Profit to Slip Despite Record PlayStation 5 Sales

Sony Group Corp on Friday said PlayStation 5 sales will jump by six million units this business year, but forecast its profit will slip from a record high as weaker financial services sales offsets gains from gaming, music and movies. The Japanese company said it expects operating profit in the…

Birmingham Post

Zoo Digital raises £12.5m to fuel acquisition of Japanese subtitling and dubbing partner

The Yorkshire-based operator sees an opportunity in the growing Asian streaming services market

Asharq Al-Awsat

UN Security Council Unanimously Condemns Taliban's Crackdown on Women's Rights

The UN Security Council unanimously condemned on Thursday a Taliban administration ban on Afghan women working for the United Nations in Afghanistan and called on Taliban leaders to "swiftly reverse" a crackdown on the rights of women and girls. The resolution - drafted by the United Arab Emirates and Japan…

The Independent UK

Japan ocean policy vows tougher security amid China threat

Japan has adopted a new five-year ocean policy that calls for stronger maritime security, including bolstering its coast guard's capability and cooperation with the military amid China’s increasing assertiveness in regional seas

Asharq Al-Awsat

Al-Hilal Aiming for Record 5th Asian Champions League Title

Al-Hilal is potentially 180 minutes away from extending its regional record of continental titles from four to five as it faces Urawa Reds of Japan in the first leg of the Asian Champions League final at Riyadh on Saturday. With the Saudi national team upsetting eventual champion Argentina at the…

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