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News from the Japan Times
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Tokyo says Biden's description of Japan as xenophobic is 'unfortunate'
Japan hit back Saturday at U.S. President Joe Biden's comments about the Asian ally being "xenophobic" like China and Russia, calling the characterization "unfortunate" and misguided.
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Debate on constitutional revision at a standstill despite Kishida's pledges
The debate over a revision of Japan's postwar Constitution remains at a standstill as the country marks 77 years since the top law came into effect.
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Political furor over U.S. Steel bid puts investment panel in spotlight
At a campaign event last month in Pennsylvania, the heartland of American steel manufacturing, U.S. President Joe Biden made clear that he does not want the proposed takeover of U.S. Steel by Japan’s Nippon Steel to happen.
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Traders spooked by intervention risk trim record yen shorts
Traders edged back from record bets on yen weakness this past week, in a period that included a likely bout of intervention by Japanese officials to support their currency.
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