TOKYO - The following is the latest list of selected news summaries by Kyodo News.
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Japan stepped in to buy one-day record 7.98 tril. yen in July: gov't data
TOKYO - Japan intervened in the foreign exchange market on July 30, buying a record 7.98 trillion yen ($50.4 billion) to stem the Japanese currency's slide against the U.S. dollar, according to data released Monday by the Finance Ministry.
The July 30 intervention was part of a series of yen-buying, dollar-selling operations totaling 15.4 trillion yen on July 30, 31 and Aug. 3, data on foreign exchange intervention operations for the July-September quarter showed.
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Chinese man sent to prosecutors over rogue cell tower, phishing suspected
TOKYO - A Chinese man was referred to prosecutors Monday for allegedly disrupting a major mobile carrier's services in Tokyo's Ginza shopping district with a rogue cell tower device, with police investigating possible links to a phishing scheme using illegal radio signals.
Yu Hai, 31, an unemployed resident of Tokyo's Kita Ward, was arrested Saturday allegedly in the act of operating a base station without a license, using the device from a car parked on a Ginza street to emit radio signals to interfere with NTT Docomo's services, Tokyo police said. The alleged offense falls under Japan's Radio Law.
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Nikkei stock index jumps over 3% after 3rd largest drop late last week
TOKYO - The Nikkei stock index jumped over 3 percent Monday morning, led by artificial intelligence- and semiconductor-related shares after the index marked its third largest-ever point drop late last week.
At 10:53 a.m., the 225-issue Nikkei Stock Average was up 1,821.40 points, or 3.17 percent, from Friday at 59,256.17. The broader Topix index was up 121.98 points, or 3.29 percent, at 3,829.97.
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Japan, Vietnam leaders to deepen energy security cooperation in Tokyo talks
TOKYO - Japanese Prime Minister Sanae Takaichi and Vietnamese President To Lam are expected to affirm deeper energy security cooperation in talks on Monday, as Tokyo seeks stronger ties with regional partners with an eye on economic pressure from China.
A joint statement from their meeting in Tokyo is expected to be released, according to diplomatic sources, including possible agreements on nuclear and gas-fired power generation projects, as part of Japan's efforts to support the fast-growing Southeast Asian country in strengthening its energy supply network.
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Japan to provide radar system, unmanned planes to Philippine military
TOKYO - Japan will provide a radar system and unmanned aircraft worth 4.3 billion yen ($27 million) to the Philippine military under its security aid framework for like-minded partners, the Japanese government said Monday, amid China's maritime assertiveness in regional waters.
The provision of a coastal radar system to the Philippine Navy will be the first transfer of a completed Japanese-made defense product utilizing Tokyo's "official security assistance" program launched in 2023, the Foreign Ministry said in a press release.
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New Okinawa gov. backs U.S. base move as quickest way to remove risks
TOKYO - Recently elected Okinawa Gov. Genta Koja said Monday that he supports a controversial plan to relocate a U.S. military air base within the prefecture as it is "the quickest way to eliminate the dangers posed" by the existing facility.
While acknowledging that he would have preferred the air station to be relocated outside Okinawa or overseas, Koja said there was currently no concrete alternative to the relocation plan, which stems from a 1996 Japan-U.S. agreement.
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Mitsui Chemicals to buy chip material supplier JSR for 1.84 tril. yen
TOKYO - Japanese chemical maker Mitsui Chemicals Inc. said Monday that it will jointly acquire major semiconductor material supplier JSR Corp. with the Development Bank of Japan for 1.84 trillion yen ($12 billion).
Mitsui Chemicals is strengthening its semiconductor material business as a growth area, with the deal ranking among the largest in Japan's chemical industry. It aims to complete the acquisition in the second half of the fiscal year ending March 2028.
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Trump plans to hold talks with Chinese, Russian leaders next week in China
WASHINGTON - U.S. President Donald Trump said Sunday he plans to hold talks with Chinese President Xi Jinping and Russian President Vladimir Putin in China next week, with discussions to include denuclearization and the U.S. war with Iran.
"One of the meetings, I think, will be with President Putin and President Xi," Trump told reporters in Florida. "We'll talk a lot of things, including denuclearization."
