TOKYO - The yield on the new 10 year Japanese government bond, a key benchmark for long term interest rates, rose to 1.61 percent on August 22nd. This marked the highest level in about 16 years and 10 months, since October 2008.
The increase came amid growing expectations that the Bank of Japan will move toward another interest rate hike in the near term.
Source: テレ東BIZ
[Updated 5:53 p.m.] A powerful earthquake struck off Mindanao Island in the southern Philippines at 8:38 a.m. (Japan time) on June 8th, generating tsunami waves across parts of the Pacific, causing building collapses and casualties near the epicenter, and prompting the Japan Meteorological Agency to issue tsunami advisories along a wide stretch of Japan's Pacific coastline, which remained in effect as of 5:53 p.m.
A clinic director and a former Peruvian staff member have been referred to prosecutors after the man allegedly performed medical procedures without a license, including an external cephalic version—a procedure used to manually turn a baby into the correct position before birth—at an obstetrics and gynecology clinic in Fukuoka City, raising concerns about patient safety and oversight in maternity care.
A large bear was captured on security camera footage running through a shopping arcade in central Utsunomiya, Tochigi Prefecture, in the early hours of June 7th, as authorities stepped up warnings following a series of bear sightings across the city.
The family of James "Weston" Higginbotham, a 20-year-old Auburn University student who disappeared during a family vacation in Japan, announced on June 7th that he has been found dead after a volunteer search-and-rescue group located his body in a mountainous area outside Kyoto, bringing a week-long multinational search to a tragic end.
Japan's Meteorological Agency announced on June 7th that the rainy season is believed to have begun in the Tokai and Kanto-Koshin regions, marking the seasonal shift to wetter weather across a broad area of the country.
Japan's economy grew at an annualized rate of 1.8% in the January–March quarter of 2026, according to revised gross domestic product (GDP) data released by the Cabinet Office, with the figure marked down from the preliminary estimate due largely to weaker-than-expected capital investment.
Japanese stocks suffered a sharp sell-off on June 8th as weakness in U.S. technology shares and growing concerns over higher global interest rates triggered widespread selling, sending the Nikkei Stock Average down 2,563.52 points, or about 3.8%, to close at 64,024.60.
Japan's current account surplus expanded 64.9% from a year earlier to 3.9078 trillion yen in April, marking the 15th consecutive month of positive balance, according to balance of payments data released by the Finance Ministry on June 8th.
Rapid inflation and the weakening yen continue to squeeze household budgets across Japan, prompting renewed debate over the country's economic policies. Former Bank of Japan Governor Haruhiko Kuroda, who spearheaded the central bank's aggressive monetary easing campaign under Abenomics, argues that the overall economy remains on a positive trajectory and that wage growth is now exceeding inflation.
A court is set to hand down its verdict on August 28th in the trial of former Momuri president Shinji Tanimoto and his wife Shiori, who are accused of violating Japan's Attorney Act by illegally referring clients of the retirement agency service to lawyers.
Japan's household spending fell for the fifth consecutive month in April, highlighting continued pressure on consumers as rising prices and growing concerns over instability in the Middle East weighed on household budgets.
Japan's largest electronics retailer, Yamada Holdings, and Osaka-based Edion announced on June 5th that they have agreed to integrate their businesses, creating a group with annual sales of approximately 2.5 trillion yen as competition in the consumer electronics industry intensifies and companies seek new ways to boost growth in a shrinking domestic market.
Japan's real wages rose 1.9% in April from a year earlier, marking the fourth consecutive month of growth and the longest stretch of positive gains in about five years as this year's spring labor-management wage negotiations began feeding through into workers' paychecks.
