Philippine peso falls to 18-month low against dollar
TOKYO -- The Philippine peso fell to its lowest point versus the dollar since November 2022, as the country's central bank shifts away from a hawkish monetary policy.
Asian news from Tokyo
Japan to deepen ties with Taiwan, top LDP official says
TOKYO -- Japan seeks to deepen its relationship with Taiwan via legislative channels, a top official of the Japanese ruling party said Monday, the day that Lai Ching-te assumed the island's presidency.
Daiwa teams with Aozora, Japan Post against Nomura, megabanks
TOKYO -- Daiwa Securities Group has thrown down the gauntlet to bigger rivals like Nomura and Japan's megabanks.
Japan's weak yen hindered by costly energy, raw material imports
TOKYO -- As the Japanese currency endures a prolonged slump, an often overlooked factor involves the yen selling linked to trade and the related outflow of money from Japan.
Studio Ghibli takes a bow at Cannes with an honorary Palme d’Or
CANNES, France (AP) — Studio Ghibli, the Japanese anime factory of surreal ecological wonders that has for 39 years spirited away moviegoers with tales of Totoros, magical jellyfish and floating castles, was celebrated Monday by the Cannes Film Festival with an honorary Palme d’Or.
We can’t have nice things! Japan imposes new rules to climb Mt. Fuji to fight overtourism, littering
TOKYO (AP) — Those who want to climb one of the most popular trails of the iconic Japanese Mount Fuji will now have to reserve ahead and pay a fee as the picturesque stratovolcano struggles with overtourism, littering and those who attempt rushed “bullet climbing,” putting lives at risk.
Carlyle to buy Japan KFC operator for $835m
TOKYO -- U.S. private equity group Carlyle said Monday it will seek to take the operator of KFC fried chicken restaurants in Japan private in a roughly 130 billion yen ($835 million) acquisition.
Saudi ETF to list in Japan under expected deal between leaders
TOKYO -- Japan and Saudi Arabia are expected to reach an agreement in which an exchange-traded fund (ETF) tracking Saudi stocks will be listed in Tokyo, the first of its kind, Nikkei has learned.