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Stolen Buddhist Statue Returned to Japan After 12 Years; Korea Holds Farewell Ritualπ
(Kyodo, May 10) A stolen 14th-century Buddhist statue, taken from Kannonji Temple in Tsushima and held in South Korea for over 12 years, was returned to Japan on May 10. South Koreaβs Buseoksa Temple held a final farewell ritual before handing over the statue, which will officially return to Tsushima on May 12. The statueβs theft in 2012 had strained Japan-Korea ties. Koreaβs Supreme Court ruled in 2023 that ownership belongs to Japanβs Kannonji Temple.ππππ
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Japan PM Congratulates New Pope Leo XIV, Plans to Send Aso to Inaugurationπ
(Kyodo, May 10) Japanese Prime Minister Shigeru Ishiba sent a message to the Vatican on May 9 to congratulate newly elected Pope Leo XIV. Ishiba expressed hopes to strengthen ties between Japan and the Holy See and to cooperate on global peace. Former PM and LDP Senior Advisor Taro Aso is being considered to attend the inauguration on May 18.π€π€π€π€
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Nagasaki to Invite All Countries to Peace Ceremony After Last Yearβs Diplomatic Falloutπ
Nagasaki Mayor Shiro Suzuki announced that invitations will be sent to all countries with embassies in Japan for the August 9 Peace Memorial Ceremony. This move follows last yearβs controversy, when Israel was excluded and ambassadors from the G7 (except Japan) and the EU boycotted the event. Suzuki emphasized the desire to return to the ceremonyβs core purposeβmourning atomic bomb victims and praying for lasting peaceβwelcoming all nations regardless of political or ideological differences. Meanwhile, Hiroshima will only send notifications for its August 6 ceremony.πππππ
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Global Debt Hits Record $324 Trillionβ Chinaβs Government Debt Nears 100% of GDPπ
Global debt has surged to an all-time high of $324 trillion. Chinaβs government debt has grown rapidly, with the debt-to-GDP ratio rising from under 60% in 2019 to 93% as of March 2025. Projections indicate it may hit 100% by the end of the year.π°π°π°
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Yen Appreciation Weighs on Nikkei, Ending Post-Holiday Rallyπ
Tokyoβs stock market reopened on May 7 after the Golden Week holidays, with the Nikkei 225 closing down 51.03 points (β0.14%) at 36,779.66. Early gainsβdriven by optimism over possible U.S.-China trade talksβfaded as the yen strengthened against the dollar, pressuring major exporters like automakers.πππ
The TOPIX index rose 8.38 points (+0.31%) to 2,696.16, supported by gains in the airline sector amid falling oil prices, following OPEC+βs decision to increase production.πππ
Investors were cautious after seven consecutive days of gains before the holiday and were also influenced by a weak overnight performance on Wall Street. Pharmaceutical shares declined amid ongoing concerns over U.S. tariff policy under Trump. Total trading volume reached 2.15 billion shares.π€¦ββοΈπ€¦ββοΈπ€¦ββοΈ
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Former PM Shigeru Yoshida Featured in Special Exhibition at Japanβs Diplomatic Archivesπ
Japanβs Diplomatic Archives in Tokyo is holding a special exhibition titled βThe Image of Shigeru Yoshida Through Rare Historical Documentsβ until May 31. On display are personal artifacts such as a folding screen adorned with letters from former prime ministers and Yoshidaβs own radio speech manuscripts, reflecting his meticulous character. Admission is free, and the exhibit is located in the new Azabudai Hills facility.βοΈβοΈβοΈβοΈ
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Japanese Action Master Kenji Tanigaki Honored at Hong Kong Film Awardsπ
At the 43rd Hong Kong Film Awards, Japanese stunt coordinator Kenji Tanigaki claimed the Best Action Choreography prize for Twilight of the Warriors: Walled In, which also won Best Picture. Receiving the award from legendary action star Yasuaki Kurata, Tanigaki gave a heartfelt speech in Cantonese. He reflected on his journey from being a stuntman inspired by Jackie Chan to finally being recognized as a true Hong Kong filmmaker β a dream come true since his apprenticeship in 1989.π₯΄π₯΄π₯΄π₯΄
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Farewell to Pandas: Wakayamaβs Beloved Giants Head Back to Chinaπ¨π³π―π΅πΌ
Japan is preparing to say goodbye to four beloved giant pandas at Wakayamaβs Adventure World. Rauhin, Yuihin, Saihin, and Fuhin will all return to China by the end of June, marking the end of an era for the popular attraction. Once they depart, only two pandas will remain in Japan, both at Tokyoβs Ueno Zoo. Fans are flocking for a final glimpse before the heartfelt farewell.πππ
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Japanese Emperor and Empress Host Spring Garden Party with 1,400 Guestsπ€
On April 22, Emperor Naruhito and Empress Masako held the Spring Garden Party at Akasaka Imperial Garden, joined by Princess Aiko and other royals. Around 1,400 distinguished guests attended, including manga artist Tetsuya Chiba and former softball coach Taeko Utsugi. The Emperor praised mangaβs global cultural impact, while the Empress shared warm exchanges with guests. For the first time, royals walked separate routes to allow more personal conversations.π€π€π€π€π€
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Dutch PM Visits Rapidus Chip Plant in Hokkaido, Highlights Japan-Netherlands Tech Tiesπ§
Dutch Prime Minister Mark Rutte visited Rapidusβs next-gen semiconductor plant in Chitose, Hokkaido, on April 22. The factory, which began test production this month, aims to domestically produce cutting-edge chips. Rutte praised the Japan-Netherlands partnership, noting its global significance. Rapidus CEO Atsuyoshi Koike emphasized the importance of Dutch technologyβespecially ASMLβs EUV lithography system, which Rapidus introduced last December, marking a first for Japan.βοΈβοΈβοΈ
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Hino and Mitsubishi Fuso to Merge Operations, Forming Global Truck Giantπ€
Toyotaβs Hino Motors and Daimler Truckβs Mitsubishi Fuso are in final talks to merge their commercial vehicle operations. The integration would give them a 14% global market share in medium and heavy-duty trucks, forming one of the largest alliances in the industry. The move comes as Chinese manufacturers continue to grow their presence in the commercial vehicle sector.βοΈβοΈβοΈ
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Japanβs Finance Minister Heads to U.S. for G20 Talks β Yen Exchange Rate Likely on AgendaβοΈ
Japanβs Finance Minister Shunichi Kato announced he will visit the U.S. from April 22β26 to attend the G20 Finance Ministers and Central Bank Governors Meeting in Washington. He emphasized the importance of promoting free and open multilateral trade. Kato is also expected to meet U.S. Treasury Secretary Janet Yellen on April 24 to discuss key global economic issues, including potential talks on exchange rates.π«‘π«‘π«‘π«‘
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Japanβs Rice Prices Soar 100% β 15 Weeks of Consecutive Increasesπ«₯
Rice prices in Japan have doubled year-on-year, hitting an average of Β₯4,217 (approx. Β₯218 CNY) per 5kg as of mid-April β marking the 15th straight week of increases. Despite government efforts to curb prices by releasing reserve rice, only 0.3% of the first batch reached the market by March 30, with limited impact so far. High staple food costs are putting added pressure on households already struggling with inflation.πππ
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Japanese Hotel Asks Israeli Guest to Sign βNo War Crimesβ Declaration, Sparking Controversyπ³
According to reports, a hotel in Kyoto, Japan, asked an Israeli guest to sign a declaration affirming that he had not participated in any war crimes during his military service. The guest, who previously served in the Israeli navy, was reportedly surprised and initially refused but eventually signed under protest.
The incident drew strong protests from the Israeli Embassy in Japan, and the Kyoto local government has launched an investigation. ππππ
The hotel explained it was a security measure, citing the mandatory military service requirement for Israeli citizens.π«₯π«₯π«₯π«₯
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Hamamatsu Launches Evangelion Tourism Project Featuring Giant EVA Statue and Stamp Rallyπ€
Hamamatsu City kicked off the βNew Hamamatsu Project,β a tourism collaboration with Evangelion: 3.0+1.0, on April 20. A 6-meter-tall EVA Unit-01 statue was unveiled at city hall, drawing a crowd of 170 fans even before opening. The event includes a 21-stop βHuman Boarding Planβ stamp rally along local rail lines, with special day passes featuring Shinji and Kaworu. Inspired by the filmβs βThird Villageβ setting, modeled after TenryΕ«-Futamata Station, the campaign runs through February 2026 and will offer limited-edition merchandise in partnership with local businesses.πππππ
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Nippon Steel Aims to Finalize US Steel Deal by June Amid US Scrutinyπ§
(Kyodo, May 10) Nippon Steel Vice Chairman Takahiro Mori said on May 9 the company is pushing to finalize its $2.7 billion acquisition of US Steel by the June 5 deadline set by President Trump. The deal faces renewed scrutiny by CFIUS, following Bidenβs earlier block. Mori declined to comment on possible additional investments, while President Eiji Imai stressed they are negotiating to maintain plans for full ownership. Trump has expressed mixed views, welcoming investment but opposing full Japanese control.π€¨π€¨π€¨π€¨π€¨
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Princess Kako to Visit Brazil for 130th Anniversary of Japan-Brazil Tiesπ€
Japanβs Princess Kako will make an official visit to Brazil from June 4 to 17 to mark the 130th anniversary of diplomatic relations between the two countries. Approved by the Cabinet on May 9, her itinerary includes visits to BrasΓlia, SΓ£o Paulo, and Rio de Janeiro, as well as meetings with President Lula and local Japanese communities. This will be her fourth official overseas trip, following her visit to Greece last year.π€π€π€π€π€
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North Korea Fires Multiple MissilesβNone Land in Japanβs EEZπ£
On May 8, North Korea launched several short-range ballistic missiles into the Sea of Japan from near Wonsan. One reportedly flew 800 km at an altitude of 100 km, possibly with irregular trajectory. None landed within Japanβs EEZ. Japan, South Korea, and the U.S. condemned the launch as a threat to regional security, with Tokyo lodging a protest via diplomatic channels in Beijing. Experts suggest the launch may signal North Koreaβs intent to export weapons to Russia.βοΈβοΈβοΈβοΈ
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Japanese Imperial Family to Visit Okinawa in June to Honor WWII Victimsπ
The Imperial Household Agency announced that Emperor Naruhito, Empress Masako, and their daughter Princess Aiko will visit Okinawa on June 4β5 to commemorate the 80th anniversary of the end of WWII. This marks Princess Aikoβs first visit to Okinawa. They will lay flowers at the National Cemetery for the War Dead and the βCornerstone of Peaceβ in Itoman, and meet with war survivors. On June 5, they will also pay tribute at the memorial for the Tsushima Maru tragedy in Naha, where a school evacuation ship was sunk by a U.S. submarine.π«‘π«‘π«‘
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Knife Attack at Tokyo Metro Station Leaves Two Injuredπͺ
At around 6:55 PM on May 7, a man wielding a knife injured two people on the platform of Tokyo Metroβs Todaimae Station (Namboku Line) in Bunkyo Ward. A 43-year-old male suspect was arrested at the scene on suspicion of attempted murder. The victims suffered head and hand injuries but are conscious. Tokyo Metropolitan Police are investigating the details.π―π―π―
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Japan and Malaysia to Launch Offshore Carbon Capture Projectπ²πΎ
Japan has reached an agreement with Malaysia to launch its first overseas carbon capture and storage (CCS) project. Under the plan, COβ emissions from Japanese thermal power plants will be liquefied and transported by specialized ships to be stored in depleted offshore gas fields near Malaysia. The project is expected to begin as early as 2030.π«‘π«‘π«‘
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Japanβs Fresh Graduate Salaries Hit Record High in 2025π΄
According to Nikkei, the average starting salary for 2025 graduates in major Japanese firms has reached a record 254,000 yen (approx. Β₯13,000 RMB). Notably, 131 companies set starting salaries above 300,000 yen. Graduate hiring is also seeing double-digit growth, signaling a strong job market for young professionals.π€π€π€
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Toyota Unveils New bZ7 EV at Shanghai Auto Showπ€±
Toyota has debuted its new large-size EV, the bZ7, for the first time globally at the Shanghai Auto Show, positioning it as a key strategic model for the Chinese market. Around 1,000 auto and parts manufacturers from China and abroad participated. Nissan and Honda also revealed new models, as foreign automakers aim to regain market share with China-focused EVs.π²π²π²
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Japanese βBathing Machineβ at Osaka Expo Surprises Reporter with Ultimate RelaxationπΎ
A Nikkei reporter tested the futuristic βhuman bathing machineβ at the Osaka Expo. Submerged in warm water and surrounded by microbubbles, sensors on the back monitored their heart rate. The experience was so soothing, the reporter briefly nodded offβonly to emerge soaked and under the curious gaze of onlookers.π§π§π§
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Gold Hits Record Highs for 3 Days Straight β Driven by Asian Marketsπ
New York gold futures have broken above the key $3,400 per ounce level for the first time, marking a new milestone. Since April, gold prices have been setting records during active Asian trading hours. Amid rising U.S.-China tensions, demand from Chinese buyers continues to strengthen. Will prices climb even higher?ππππ
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Former Minister Sanae Takaichi Visits Controversial Yasukuni Shrineπͺ
Sanae Takaichi, former Minister for Economic Security and a member of Japanβs ruling Liberal Democratic Party, visited the Yasukuni Shrine on April 22 during its annual spring festival. The shrine remains a source of controversy due to its enshrinement of Class-A war criminals alongside Japanβs war dead.π₯π₯π₯
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The Art of Japanese Metalcraft: Where Tradition Meets Precisionπ΄
Japanese metalcraft, or KinkΕ (ιε·₯), is a centuries-old art that blends refined aesthetics with technical mastery. From the elegant curves of Nambu ironware teapots in Iwate to the intricate chΕkin (metal engraving) seen in samurai sword fittings, these crafts reflect Japanβs dedication to detail and durability. Today, these timeless techniques are finding new life in modern interior design and lifestyle accessories around the world.πππ
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[Breaking] Snake Causes Power Outage on Tokaido Shinkansenπ
A snake triggered a power outage on Japanβs Tokaido Shinkansen this evening, causing trains to stop for about 90 minutes. According to JR Central, the snake got entangled in overhead wires between Gifu-Hashima and Maibara, leading to a short circuit. Services resumed around 7:00 PM local time.πππ
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Osaka-Kansai Expo Draws Over 500,000 Visitors in First Week!π
The Japan Association for the 2025 World Exposition announced on April 21 that the Osaka-Kansai Expo welcomed 524,937 visitors between its opening on April 13 and April 19, surpassing the 500,000 mark.
On the opening day alone, 124,339 people entered the venue. Visitor numbers during weekdays remained between 40,000 and 100,000, showing a noticeable drop compared to the weekend.
Including both advance and on-site sales, a total of around 9,978,217 tickets have been sold so far. Sales of the βseason pass,β which allows multiple entries during the Expo period, have also been steadily increasing.πππ
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Tokyo Condo Prices Soar Past Β₯100 Million for Second Year in a Rowπ―
New data shows the average price of newly built condominiums in Tokyoβs 23 wards hit Β₯116.32 million (approx. $602,000 USD) in FY2024βan 11.2% increase from the previous year. This marks the second consecutive year the average has exceeded Β₯100 million, driven by rising labor and construction material costs. Meanwhile, the number of units released dropped by 25.5% to 8,272.π₯π₯π₯
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