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Japan

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Japan funds $19B energy subsidies with deficit bonds, pledges no net bond issuance rise
economy22 hours ago

Japan funds $19B energy subsidies with deficit bonds, pledges no net bond issuance rise

Japan unveiled a 3 trillion yen ($19B) supplementary budget to subsidize energy costs and ease living expenses, financed by deficit-financing bonds while insisting overall bond issuance will not rise thanks to stronger tax revenues and underspending; the plan comes amid concerns about rising JGB yields and the potential rise in debt-servicing costs, and a possible consumption-tax cut on food could cut tax revenue by up to 5 trillion yen.

Switch 2 Leads Famitsu Week as Price Increase Looms in Japan
gaming5 days ago

Switch 2 Leads Famitsu Week as Price Increase Looms in Japan

Famitsu’s May 11–17, 2026 hardware charts in Japan crown Nintendo Switch 2 with 217,922 units sold, followed by Switch Lite (8,303) and Switch OLED (7,804); PS5 Digital Edition (6,902) and PS5 Pro (1,747) also appear, with Xbox Series X/S in single digits. Note last week’s figures cover two weeks due to Japanese holidays, so week-to-week comparisons are imperfect. On the software side, Tomodachi Life: Living the Dream leads with 98,092 copies, followed by Pokemon Pokopia and Mario Kart World; other top titles include Minecraft, Animal Crossing variants, Pragmata, and Kirby Air Riders.

Pokemon to Scan Government IDs in Japan to Fight Card Scalping
technology5 days ago

Pokemon to Scan Government IDs in Japan to Fight Card Scalping

The Pokémon Company says it is exploring a system that would scan government-issued IDs (Japan’s My Number Card) to gate purchases of priority lottery items, certain Pokémon Centre Online products, and event registrations in Japan. The ID would be scanned via smartphones using an external service, with no ID number stored, and the plan is set to roll out in August 2026. The My Number Card isn’t mandatory, and it may take 1–2 months to receive after registration.

Knife attack at Shanghai Japanese restaurant injures three, suspect detained
world6 days ago

Knife attack at Shanghai Japanese restaurant injures three, suspect detained

A 59-year-old man attacked three people with a fruit knife inside a Japanese restaurant at Shanghai’s World Financial Center around noon, injuring two Japanese nationals and a Chinese woman; police detained the suspect at the scene. The injuries are not life-threatening, and authorities say the attacker has a history of mental illness. The incident prompted a Japanese Embassy alert urging vigilance and a call for China to investigate and ensure the safety of Japanese nationals.

Two Americans Arrested in Japan After Entering Viral Monkey Punch's Enclosure
world6 days ago

Two Americans Arrested in Japan After Entering Viral Monkey Punch's Enclosure

Two American men were arrested in Ichikawa, near Tokyo, after one climbed into the enclosure of Punch, the baby macaque whose viral fame drew crowds at Ichikawa City Zoo, while the other allegedly filmed. Zoo staff quickly detained them; authorities said access to Punch’s enclosure will be tightened with intrusion nets and more patrols, and video recording may be restricted. The incident comes as Punch’s online popularity boosted zoo attendance. The suspects face charges of forcible obstruction of business, which they deny; officials noted no abnormal animal behavior following the incident.

Arrests follow viral filming stunt at Japan zoo monkey enclosure
world8 days ago

Arrests follow viral filming stunt at Japan zoo monkey enclosure

Two men were arrested after entering a zoo monkey enclosure in Ichikawa, Japan, to film a stunt; they did not approach the animals and were quickly stopped by staff. The zoo is tightening viewing restrictions and halting filming requests around the macaque enclosure, noting the incident comes amid other viral‑fueled trespasses, including a recent case in Thailand involving a pygmy hippo.

Two Americans detained in Japan after monkey enclosure stunt tied to viral Punch video
world8 days ago

Two Americans detained in Japan after monkey enclosure stunt tied to viral Punch video

Two American men were arrested in Ichikawa, Japan after one climbed into the dry moat around a monkey exhibit at Ichikawa City Zoo while the other filmed. The incident involves Punch, a baby macaque whose viral fame has boosted zoo attendance. The suspects, 24-year-old Reid Dayson and 27-year-old Neal Duan, deny the forcible obstruction of business charge, and authorities say they did not threaten the animals; they were quickly detained after being found without IDs and giving false names.

Two Americans Arrested in Japan After Monkey-Enclosure Stunt at Punch's Viral Zoo
world8 days ago

Two Americans Arrested in Japan After Monkey-Enclosure Stunt at Punch's Viral Zoo

Two American men were arrested near Tokyo after one climbed into the monkey enclosure at Ichikawa City Zoo to film a stunt involving Punch, the viral baby macaque; they face charges of forcible obstruction of business, deny the charges, and the incident coincides with a surge in visitors driven by Punch's online fame.

China’s Housing Slump Echoes Japan, But Path Ahead Remains Unclear
global-economy8 days ago

China’s Housing Slump Echoes Japan, But Path Ahead Remains Unclear

FT Alphaville shows China’s housing bust could trigger real-economy spillovers—weaker consumption, tighter local budgets from land sales, and potential bank stress—because housing accounts for a large share of private wealth and household debt. Using Rogoff-Yang’s dataset and city-level data, the piece compares the trajectory to Japan’s 1990s bust, suggesting a Japan-like long adjustment or a US-like shorter downturn, with much still to come.