TOKYO (Reuters) - Fumio Kishida pushed through Japan's biggest wage increases in decades, but it was not enough to make up for the impact the battered yen has had - or keep him in his job as prime minister. Kishida on Wednesday succumbed to months of woeful public support numbers...

Analysis-Japan's Kishida Championed 'New Capitalism' but Was Undone by Yen

Reuters

TOKYO (Reuters) - Outgoing Japanese Prime Minister Fumio Kishida on Wednesday urged his colleagues to embrace change and seek out a candidate that will transform an unpopular incumbent party with bleak electoral prospects.

Outgoing Japanese leader urges ruling party to embrace change

Japanese Prime Minister Fumio Kishida announced Wednesday he will step aside next month, ending a three-year term plagued by low popularity ratings and a spluttering economy. The ruling Liberal Democratic Party, which has governed almost uninterrupted for decades, is due to hold a leadership contest next month, with the winner to become prime minister.

Unpopular Japan PM Kishida to step down

TOKYO (Reuters) - Japanese Prime Minister Fumio Kishida said on Wednesday he would step down as prime minister next month, after a three-year tenure marked by scandal and declining public support.

Factbox-Potential candidates to be next Japanese prime minister

(Reuters) - The United States on Thursday banned imports from five more Chinese companies over alleged human rights abuses involving the Uyghurs, according to a government posting, as part of its effort to eliminate goods made with forced labor from the U.S. supply chain.

US bans imports from five more Chinese companies over Uyghur forced labor

The Associated Press

TOKYO (AP) — A Japanese business executive has returned home from Myanmar following his release from more than a month of detention after being convicted of violating rice pricing rules, his company said Wednesday. Hiroshi Kasamatsu, a director of the Myanmar supermarket Aeon Orange, was in custody in Myanmar since his June 30 arrest for selling rice at prices above the official regulations. Japan’s Foreign Ministry confirmed Monday that the Japanese national was convicted of violating law related to daily necessities and service. He was sentenced to one year in prison and fined 500,000 kyat (about $150).  His parent company Aeon released a statement Wednesday confirming his return home after the conviction. The company said that retailers operating in Myanmar had no way of knowing the change of law in that country about the rice pricing, which caused Aeon Orange’s rice prices to “deviate” from the controlled price in violation to the related law. The company apologized for causing trouble and thanked Japanese Foreign Ministry and others for their support that allowed Kasamatsu’s safe return home. 

Japanese executive convicted in Myanmar for selling rice above set prices returns home

GOBankingRates

Is your dream vacation abroad about to get cheaper? Or is your international investment portfolio in for a wild ride? Buckle up, folks, because some major global currencies might be headed for a...

7 International Currencies Expected To Plummet in Value by the End of 2025

Straight Arrow News SANcom

Japanese Prime Minister Fumio Kishida to step down amid scandals, economic issues; LDP to elect new leader amid rising regional tensions.

Japanese prime minister won’t seek reelection amid political scandals

Adventure On SI

Japan has issued a warning for a potentially devastating "megaquake" after events on Thursday morning.

Japan Sends Warning of Potential "Megaquake" Coming

HOUSTON (Reuters) - An oil production breakthrough that producers say can safely tap ultra-high pressure fields could put up to 5 billion barrels of previously inaccessible crude into production, analysts said. Chevron on Monday disclosed it had pumped first oil from a field at 20,000 pounds per square inch pressures,...

New Drilling Technology to Put Billions of Barrels of Oil in Reach, Analysts Say

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J. Souza

Royal Caribbean’s Utopia of the Seas, a $1.35 billion behemoth of the sea, has recently been introduced to the world since its maiden voyage on July 19th. The ship, boasting nearly 5,700 passengers and a crew of over 2,200, offers an array of amenities designed to cater to multi-generational families on shorter 3- and 4-day itineraries.

Cruise Passengers Not Happy About Feature on World's Newest Mega Ship

South Dakota State

South Dakota saw the second-biggest increase in foreign-born residents in the country in the past decade. For Increasing Number of Immigrants, a 'New Life in America' Starts in South Dakota. South Dakota’s increase of foreign-born population over the past 12 years exceeded the national average by three times, according to...

For Increasing Number of Immigrants, a 'New Life in America' Starts in South Dakota

(Reuters) - Senior Kyiv officials said on Wednesday Ukraine was creating a "buffer zone" in Russia's Kursk region and plans to organise humanitarian assistance and evacuation corridors for civilians looking to go either to Russia or to Ukraine. President Volodymyr Zelenskiy met with top officials to discuss the humanitarian situation...

Kyiv Says It Creates 'Buffer Zone' in Kursk Region, Plans Evacuation Corridors

Business Insider

In a China-Taiwan war, the US may have to counter an invasion without top allies, experts say. But middle powers like Japan could serve as mediators.

In a Taiwan war, the US could find itself fighting China without its top allies

Florida State

Akeena

Who would have thought that a chain known for its endless shrimp promotion could find itself in such a pickle? But here we are—Florida-based Red Lobster, which has been reeling from financial troubles, may have finally found a lifeline. After a surprising $11 million loss in the third quarter of 2023 due to that very shrimp deal, Red Lobster filed for bankruptcy in May 2024. And now, there’s a glimmer of hope on the horizon.

A Florida based chain that filed for bankruptcy has reportedly found a potential buyer

WARSAW (Reuters) - The Polish government chose Piotr Serafin, head of Poland's Permanent Representation to the EU, as an EU commissioner candidate, Prime Minister Donald Tusk said on Tuesday, setting his sights on the EU budget commissioner role. Poland is seeking greater influence in Brussels under Tusk's pro-European government, which...

Poland Sets Sights on EU Budget Commissioner Role

Jacksonville, FL

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Jacksonville Today

A Black woman may be leading the presidential ticket of a major political party for the first time, but for Jacksonville’s Black conservatives, political values trump a candidate’s personal identity.

Republicans look to shore up support among Black conservatives in Jacksonville

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

China lost a record $15 billion of foreign investment last quarter, state data showed. If the decline continues through 2024, it would be the first annual net outflow of cash since at least 1990, Bloomberg reported, reflecting investors’ “deep pessimism” about China’s slowing economy as foreign firms scramble to reduce their exposure in light of Beijing’s growing hostility with the West.

Foreign investors pull out of China

New York City, NY

NEW YORK (AP) — A New York City man has been arrested and charged with a hate crime after police say he yelled “Free Palestine” and then stabbed a Jewish man near a synagogue over the weekend. Police say the attack happened around 2 a.m. on Saturday...

NYC Man Charged With Hate Crime After Police Say He Yelled 'Free Palestine' and Stabbed a Jewish Man

NewsBreak

Reactions to Japan's PM Kishida Stepping Down

(Reuters) -Japanese Prime Minister Fumio Kishida said he will step down in September, ending a three-year term marred by political scandals and paving the way for...

Reactions to Japan's PM Kishida Stepping Down

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