Trump Calls Yen-Buying Intervention a Sign of Friendship

Aug 03, 2026 | News On Japan

WASHINGTON DC - U.S. President Donald Trump said the United States intervened to buy yen because of its strong relationship with Japan, describing the action as a sign of friendship and pledging that Washington would always support the country.

Explaining the decision on August 2, Trump said, "Japan and we have a good relationship. We have very strong financial power. Japan was facing a weak yen and was asking for a little help."

"We will always be there for Japan," Trump said, calling the country "a very good friend of the United States" and stressing that the intervention demonstrated the friendship between the two nations.

Trump also said the United States would gain economic benefits from the intervention and expressed the view that the move would have a positive effect on the global economy.

Source: FNN

LDP-Backed Koja Wins Okinawa Governor Race

Genta Koja, a former deputy mayor of Naha who accepts the relocation of the U.S. Marine Corps Air Station Futenma to Henoko in Nago, won the Okinawa gubernatorial election on September 13, defeating incumbent Governor Denny Tamaki and bringing an end to 12 years of prefectural administrations committed to blocking the project.

Flooding Hits Fushimi Otesuji Shopping Street in Kyoto

Roads around the Fushimi Otesuji Shopping Street in Kyoto's Fushimi Ward were flooded on the evening of September 13 after water began gushing from a nearby road, forcing authorities to close part of the street to traffic.

Cybercab Arrives in Japan

Tesla unveiled its Cybercab in Japan for the first time on September 11, showcasing an AI-powered autonomous taxi designed without a steering wheel or pedals.

China Raises Visa Fees for Japanese Travelers Sevenfold

China will sharply raise visa fees for Japanese nationals entering the country from September 14, with the cost of a single-entry visa increasing to 16,750 yen, about 7.4 times the current level.

Tada Shrine is First in Kansai to Go Bankrupt

Tada Shrine in Kawanishi, Hyogo Prefecture, has filed for protection under Japan's Civil Rehabilitation Act, becoming the first shrine in the Kansai region and only the third nationwide to enter bankruptcy proceedings, according to Teikoku Databank.

MEDIA CHANNELS

MORE Politics NEWS

Japan Challenges World Map Showing Disputed Islands in Russia's Color

Japan has asked for changes to an Equal Earth world map that depicts the Russian-controlled Northern Territories in the same color as Russia, prompting the map's creator to say the Japanese-language version will be revised while the English version will remain unchanged.

Titanic Photo Sparks Fresh Controversy in Fukuoka Assembly

The Fukuoka Prefectural Assembly elected a new chairman after the resignation of longtime power broker Isao Kuranouchi, while a photograph showing an opposition lawmaker striking a pose reminiscent of the movie Titanic during an overseas inspection trip has triggered a fresh political controversy.

Yen Carry Trade Unwind Puts Takaichi’s BOJ Strategy Under Pressure

Prime Minister Sanae Takaichi’s government faced a sharper market test on September 9 as the yen’s rapid rebound began pressuring global carry trades, turning expectations of a Bank of Japan rate hike into a political challenge for an administration still trying to balance household relief, fiscal discipline and economic security.

Yen Rally Turns BOJ Rate Hike Into Takaichi’s Next Political Test

Prime Minister Sanae Takaichi entered the final stretch before the Bank of Japan’s September policy meeting facing a new version of the currency problem that has shaped her summer: the yen is no longer collapsing, but its sharp rebound is now forcing her government to explain how far it is prepared to tolerate higher interest rates to restore market confidence.

Takaichi Steps Up Cabinet Reshuffle Plans

Prime Minister Sanae Takaichi is accelerating preparations for a Cabinet reshuffle that could take place as early as next week, considering ministerial posts for senior Liberal Democratic Party officials while weighing the treatment of Internal Affairs Minister Yoshimasa Hayashi and a new Cabinet member from the Japan Innovation Party.

Yokohama Mayor Resigns Over Power Harassment Allegations

Yokohama Mayor Takeharu Yamanaka resigned on September 7 after the city assembly unanimously approved his request to step down over allegations of workplace power harassment, setting the stage for a mayoral election in October.

Tokyo Unveils Design for Symbol Tree at Shinjuku Station

Tokyo has unveiled the design for a major redevelopment of the plaza outside Shinjuku Station's west exit, with a landmark tree, water-play area and event space planned as part of a transformation centered on "greenery, light and people" that is scheduled for completion in 2035.

Putin Says Tax Incentives on Disputed Islands Have Been Successful

Russian President Vladimir Putin said tax incentives on the Russian-held islands claimed by Japan have been successful, using a speech at the Eastern Economic Forum in Vladivostok to highlight economic development in Russia's Far East.

< 2 3 4 5 >