News On Japan

TSE closes without problems after shutdown

Oct 02 (NHK) - Trading resumed on the Tokyo Stock Exchange on Friday after it was halted by a technical glitch for all of Thursday. The session ended without any disruptions.

Trading kicked off at the usual time of 9 AM, bringing some relief to market participants.

TSE officials said Thursday's glitch was triggered by a hardware failure in the system. Switching to a backup device also failed, making it impossible for market information to be distributed.

The TSE replaced the equipment that caused the failure and confirmed that there was no problem with the trading system.

The outage had a wide-ranging impact. Local exchanges in Nagoya, Fukuoka, and Sapporo use the same system as Tokyo to execute trades. They also reopened on Friday after a hiatus the previous day.

The benchmark Nikkei Average finished 0.67 percent lower compared to Wednesday's close.

The index tumbled after US President Donald Trump tweeted he and the first lady tested positive for COVID-19.

Some investors were in a wait-and-see mood as they were still worried about the system's stability.

Firms related to Thursday's technical glitch lost some ground. Japan Exchange Group, which operates the TSE, shed nearly two percent. Fujitsu, which developed the trading system, tumbled by 2.75 percent.

The Financial Services Agency instructed the Japan Exchange Group and the TSE to report what measures they'll take to prevent a recurrence.

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Typhoon No. 24 (Fung-shen) is strengthening over the South China Sea and is expected to make landfall in Vietnam later this week, according to forecasts. Satellite images on October 20th show extensive cloud coverage over the central South China Sea. After passing over the Philippines, Fung-shen temporarily weakened but is projected to intensify again as it continues westward through Tuesday.

Tokyo’s seas and rivers, once considered lawless backwaters beyond the reach of regular policing, are now under constant watch by a dedicated force known as the “water police,” specialists who patrol the capital’s waterways, chase down smugglers, stop reckless jet ski riders, and carry out dramatic rescue missions to save lives.

Kyoto’s world-famous Arashiyama district, a popular destination for both domestic and international tourists, is facing a growing problem of graffiti etched into the bamboo along its iconic “Bamboo Grove Path,” with more than 350 stalks now damaged — a practice that experts warn could eventually cause bamboo to weaken, fall, and even injure visitors.

Japan’s streaming industry is under growing pressure as foreign giants tighten their grip on the domestic market, with Netflix’s latest move to secure exclusive broadcast rights in Japan for every game of the World Baseball Classic next March highlighting the widening gap.

Investigators from the Immigration Services Agency conducted on-site inspections in Osaka on October 14th amid a surge in so-called 'paper companies' created by foreign nationals seeking residency.

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The October issue of the long-established American lifestyle magazine Town & Country features Mako Komuro, the eldest daughter of the Akishino family, on the cover under the headline "Princess Ingognito," dedicating a six-page spread to Komuro and her husband Kei, exploring their life in the United States.

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A woman in her 40s suffered a serious injury after being trapped in a mechanical parking system in Tokyo’s Shinagawa Ward on October 19th.

A former pet shop owner convicted of repeatedly sexually assaulting several female employees and sentenced to 30 years in prison appealed his case at the Fukuoka High Court on October 14th, again claiming that the acts were consensual.

The relocation of Arimasu Tobiru, a distinctive architectural landmark on Hijirizaka in Tokyo’s Minato Ward, was carried out between August and October after nearly two decades of construction.

A Brazilian man has been arrested and indicted for smuggling cocaine into Japan by swallowing the drugs and concealing them inside his body.

Prosecutors have demanded the death penalty for a man accused of killing three family members and seriously injuring another with a crossbow in 2020 in Takarazuka, Hyogo Prefecture.